Tuesday, August 25, 2020

Stake Of Labor And WTO Essays - World Trade Organization

Stake Of Labor And WTO Stake of Labor in the WTO Seven years of exchange dealings finally conceived an offspring to the World Trade Organization (WTO) in 1995, the U.S. work development was one of its driving cynics. A world exchange association, work supporters contended, would just quicken the fast race to free enterprise by destroying national guidelines. It would overpower endeavors by countries to protect expectations for everyday comforts also, the capacity of associations to battle for wages and wellbeing and security laws?and it would make it harder for countries to safeguard the privileges of laborers to join associations. Work campaigned hard against the WTO. Be that as it may, presently, amusingly, the WTO could turn into a basic scene for propelling specialists' privileges around the world. For the WTO has the capacity to survey countries' residential laws that make unreasonable exchange focal points counting, possibly, work laws. The WTO could characterize reasonable exchange to incorporate work guidelines. Such linkage would be a noteworthy change on the planet's exchanging system, and work's stake in it. Linking work rights with exchange strategy has been around since not long after World War II when endeavors to make a worldwide exchanging system started vigorously. In any case, the WTO speaks to the principal opportunity since 1948 to give the issue genuine consideration. Defenders of connecting work rights to exchange rules expand on the regular case for nothing exchange. For worldwide business to be free, showcases inside nations must not be fixed to empower trades and demoralize imports. This is the key guideline of facilitated commerce and it is the focal statute of the WTO. Work markets are an extraordinary case, since they are not traditional free markets. The lowest pay permitted by law laws and certifications of free aggregate bartering change the wages that showcase powers may somehow or another produce. However, the financial standard in cutting edge modern nations has since a long time ago acknowledged that some guideline of wages and working conditions can upgrade in general financial productivity, just as reasonableness. In the event that bosses are constrained to treat laborers appropriately, they will convey them more gainfully. By that rationale, certain work rehearses basic in undemocratic nations, for example, youngster work, jail work, and refusal of the option to frame associations, can be viewed as out of line exchange practices?and, conceivably, infringement of WTO rules that exchange should reflect satisfactory standards of market rivalry. Since compensation influence all exchanged items and administrations, work issues are key to a definitive believability of the WTO as the mediator of a predictable standard based worldwide exchanging framework. To the degree that wages are misleadingly held down on the grounds that work rights are revoked, a backhanded endowment is extricated from these laborers by their administrations' approaches, which ostensibly damage the WTO's unhindered commerce theory. During the WTO's second-year audit in late 1996 in Singapore, the United States effectively looked to connect work rights with exchange. Be that as it may, this exertion was obstructed by an alliance of Third World countries (who saw the activity as a type of protectionism) and the European Union (which was at that point ruled by traditionalist governments). Regardless, the endeavor put the U.S. government in favor of exchange work linkage and constrained WTO individuals to formally think about the issue of linkage just because. Indeed, even Sir Leon Brittain, the Thatcherite VP of the EU who effectively contradicted exchange work linkage, was constrained by sister EU governments to confirm that work principles and other clearly residential policy centered issues are currently the genuine worry of the WTO since they are worries of our constituents. The United States, as per the U.S. Exchange Agent's office in Geneva, will keep pushing for linkage. THE Roots OF THE WTO Established in the wake of World War II, the WTO's antecedent, the General Agreement on Tariffs and Trade (GATT) shaped the third mainstay of the Bretton Woods framework, which included monetary advancement advances through the World Bank and money related adjustment by means of the International Monetary Reserve. While the IMF and the World Bank date to the first Bretton Woods gathering of June 1944, exchange rules were first tended to in a 1946 gathering that set levy levels and built up a draft contract for an International Trade Association (ITO) that was introduced at the 1948 UN Conference on Trade and Work in Havana. John Maynard Keynes, the first engineer of the Bretton Woods framework, had planned to create overall exchanging decides that would maintain a strategic distance from the damaging protectionism common during the Great Depression, while protecting a promise to full business. The ITO sanction contained areas on work, product understandings, strategic approaches, universal speculation, and administrations. Be that as it may, the ITO was to be stillborn. What's more, the unmistakable quality of work in the development of the 1948 ITO would be lost

Saturday, August 22, 2020

Critical Thinking Essay: the Godfather Essay

The Godfather, a tale about a multigenerational wrongdoing family by the Italian American writer Mario Puzo, was outstanding amongst other selling books since it was distributed in 1969. Not just the book was a wonder, its film under the bearing of chief Francis Ford Coppola had likewise become a milestone in American film since it was discharged in 1972. The Godfather point by point stunningly the exercises of the hoodlum world, particularly the Corleone family which was heavily influenced by the patriarch Vito Corleone featuring by Marlon Brando and Al Pacino as his most youthful child Michael Corleone who before long acquired his father’s position. The film satisfied the term artful culmination which helped it win three Academy Awards for best on-screen character, best picture, and best adjusted screenplay. In spite of the fact that the film was brimming with ruthless brutality and mass slaughtering of individuals, it likewise demonstrated the consideration, the adoration, and the dedication of the Corleone relatives for one another. Instead of simply demonstrating the criminal side of overstepping the laws or killing individuals, The Godfather indicated a shiny new vision of the hoodlum world to the crowds. The criminal kind previously began with the film the Little Caesar which was the principal film at any point made about the hoodlum world in 1931. Afterward, numerous well known chiefs had exploited this new pattern and discharged numerous incredible motion pictures with this classification, for example, executive Howard Hawkes with his celebrated movie Scarface in 1932 and chief Raoul Walsh with the film White Heat in 1949. Those were all the huge movies that gave the crowds the impression of how venturesome and hazardous the Mafia was. For the most part those motion pictures concentrated on a more youthful hoodlum who was attempting to stir his way up in his criminal vocation to turn out to be notable and incredible in the black market definitely. At that point, the arrival of the Godfather amazingly astoni shed all the fanatics of the horde motion pictures with a very surprising survey understanding. The film delineated an efficient criminal association, a â€Å"family business† that was moved from age to age. The crowds are pulled in the absolute first plot of the film when it shows Vito Corleone is doing his â€Å"business†. The man is demanding him to deliver retribution for his girl who was mercilessly beaten by her sweetheart and he will follow through on any cost the Godfather needs. The crowds will imagine that without a doubt the Don will say â€Å"yes† in light of the fact that that is the way a mobster is in their psyche: Give them cash, they will do anything. Be that as it may, Vito says â€Å"No† on the grounds that the main thing he needs from the man is fellowship and he feels ill bred when the man is just discussing cash. Another plot that shows the forward leap of the Godfather is the point at which his most established child, Santino, was butchered by Emilio Barzini’s men, the second most impressive Don, Vito still steps up of denying all the retaliation at which crowds think there will be a slaughter between the two families. Vito additionally makes a concession in doing drug business however he referenced that he never accepted medications. Consequently, he needs an assurance from different families for the wellbeing of his own family and the more youthful child, Michael, who is still in Sicily concealing endlessly from the police. Besides, because of chief Coppola for being resolved in picking the fitting entertainers and on-screen characters for each character in the film which was an incredible commitment to the film that caused it to turn into a perfect work of art. Marlon Brando was not the principal decision for the character Vito Corleone, he was really denied for throwing by the Paramount officials. Be that as it may, Coppola trusted Marlon was the best counterpart for the character so he contended energetically for him until the officials concurred. Marlon demonstrated to the officials that Coppola was directly by indicating his accord in being a patriarch of an amazing criminal family. The manner in which the Godfather converses with his customers makes him a good man to his loved ones yet a perilous and relentless executioner to the individuals who needs to conflict with him. In addition, the extraordinary exhibition of Marlon Brando puts an exceptional advancement of Al Pacino’s character. Like Marlon, Al Pacino was not exceptionally esteemed by the officials as a result of his looks and absence of encounters in acting. Notwithstanding, with his endeavors, the watchers can see the improvement in performing Michael Corleone through all the scenes. The scene he played that helped him keep his job is when Michael was in the café with McCluskey and Sollozo. This plot was extremely amazing and alarming that makes watchers mindfully watch it as far as possible. Michael’s shudder and stress before the shot effectively depicts an unpracticed mobster, a beginner in the black market of Michael. For sure, in the second 50% of the film, when Michael assumed control over his father’s seat and began the crash of the entirety of the family’s rivals, he demonstrated a picture of a youthful Don who was more insightful and perilous than his da d. As a criminal film, the Godfather has numerous plots that can make watchers leap out of their seats or shroud their appearances behind their hands. As an accomplished executive, Coppola realized how to join ambient melodies with the plots to underscore their substance. For instance, when Jack Woltz declined the proposal from the Godfather of letting Johnny Fontane cast a job in his film, the following morning he woke up and saw his adored pony head in his bed. The abhorrent music was playing little when the scene was demonstrating Woltz’s garden, watchers could even hear the sound of the crickets. At that point the camera gradually moved to Woltz’s room where the music was playing stronger and stronger as it came to approach Woltz’s bed. At last, the music went to greatest when Woltz was shouting since he saw the pony head. This scene truly cracked individuals out in light of the fact that Coppola utilized a genuine pony head. In conclusion, the film is noteworthy in light of the fact that it shows profoundly the human piece of mobsters. A common case of how the Corleone individuals care for one another is Santino’s care about his sister, Conny. At the primary scene of the film, there was the wedding of Conny and Carlo. Sadly, Carlo didn't cherish her. He intentionally wedded to Conny in light of the fact that he needed to engage in Corleone family which was the most impressive Mafia family in New York. Be that as it may, Vito Corleone didn't let any untouchables to be a piece of the his business. Carlo was frustrated and he began manhandling Conny wildly, his simply hitched spouse. In the film, crowds can see Santino was the main part in the family ensured Conny. Santino was additionally an exceptionally hot-tempered individual. In certain plots, since he was so forceful, he welcomed an extremely awful impact on watchers. All things considered, watching him beating Carlo in the city, watchers would have an increasingly positive inclination toward him. Another plot that makes the crowds more compassion for the film is when Vito resigned, he turned into an elderly person with basic delights of doing planting and playing with his grandson. Later in the film, he kicked the bucket by a coronary failure, an exceptionally ordinary way that could happen to different older folks. That scene truly shocks watchers since they may think as one of the most remarkable Don in the Mafia world, Vito Corleone ought to have had an increasingly decent demise. In general, in spite of the fact that the Godfather was discharged in 1972 at which the presentation of the entertainers and on-screen characters were not comparable to the throws now, it despite everything has the complete consideration of crowds each time they watch. It is appraised R which implies it has numerous very fierce scenes and bareness plots. A few people may think its viciousness is very agreeable. Be that as it may, if guardians don’t pay attention to thought before letting their children see the film, their children may in any case have a bad dream around evening time. Work Cited Seal, Mark. â€Å"The Godfather Wars.† Vanity Fair. N.p., Mar. 2009. Web. 18 Nov. 2012. . Rovi, Bruce Eder. â€Å"Little-Caesar †Trailer †Cast †Showtimes †NYTimes.com.† Little-Caesar †Trailer †Cast †Showtimes †NYTimes.com. The New York Times, n.d. . â€Å"TheGodfather Trivia: Leavethe Gun, Read the Trivia!(Total Trivia Entries: 147).† The Godfather Trivia. N.p., n.d. .

Sunday, August 9, 2020

Do You Have Bad Credit and Need a Loan Here Are 4 Options

Do You Have Bad Credit and Need a Loan Here Are 4 Options Do You Have Bad Credit and Need a Loan? Here Are 4 Options Do You Have Bad Credit and Need a Loan? Here Are 4 OptionsFinding the right bad credit loan means doing your research, understanding the pros and cons of each product, and finding the loan that works best for you.If you have bad credit but you need to get a loan to cover a surprise expense, you’re going to have to make some hard choices. Whereas someone with a good score could borrow that money at fairly low rates, you’ll have to make do with more expensive options.But that doesn’t mean that all your possible options are bad, either. There are some bad credit loans and no credit check loans out there that can make for reasonable short term financing.Still, you’ll want to make sure you know exactly what you’re getting into before you borrow. With that in mind, here are four of your primary bad credit loan options. And remember: The smarter you borrow, the better off you’ll be.1. Payday loans.Payday loans are one of the most common types of no credit check loans. The idea b ehind them is that they serve as an advance on your next paycheck. (For this reason, they are also sometimes referred to as “cash advances.”) They are available as online loans and can also be obtained from local brick-and-mortar storefronts.Payday loans are small-dollar loans, meaning that the most you’ll be able to borrow is usually just a few hundred dollars. They also come with very short terms: The average repayment term for a payday loan is only two weeks, and the loans are repaid in a single lump sum payment.When you borrow a payday loan, you will oftentimes have to make out a post-dated check for the amount owed or sign an automatic debit agreement. When the loan’s due date arrives, the funds owed will then be automatically removed from your bank account.Unlike installment loans, payday loans charge interest as a flat fee, with an average rate of $15 per $100 borrowed. If you were to borrow $300 with a payday loan at that rate, you would be charged $45 in interest an d owe $345 in total. That flat rate means that early repayment won’t save you any money.While a 15 percent interest rate might not seem that high, payday loans are much more expensive than traditional personal loans, which calculate interest on an annual basis, not a weekly one. 15 percent interest on a two-week payday loan comes out to an annual percentage rate (APR) of 391 percent!Due to payday loans’ high interest rates, short terms, and lump sum payment structure, many borrowers have difficulty paying their loan off on-timeâ€"or they find themselves having to choose between making their loan payments and paying other important bills.Payday loan borrowers in this situation are often faced with two options: They can either take out a new payday loan or they can “roll over” their old loan, paying only the interest due and receiving an extension on their due date … in return for a brand new interest charge.Either way, rolling over and reborrowing a payday loan can end up t rapping borrowers into a dangerous cycle of debt. According to a study from the Consumer Financial Protection Bureau (CFPB), the average payday loan user takes out 10 payday loans every year.2. Title loans.Title loans are another kind of short-term bad credit loan. But while they are similar to payday loans in many ways, the two products also have some key differences.While payday loans are unsecured loansâ€"meaning that the borrower doesn’t have to offer any collateralâ€"title loans are secured by the title to the borrowers car or truck. In order to qualify for a title loan, a person must own their car free and clearâ€"meaning they don’t owe any money on an auto loan.This collateral means that the average consumer can borrow more with a title loan than they can with a payday loan. It should be noted, however, that title loan amounts rarely equal the full resale value for the vehicle being used as collateral.And even with that additional collateral providing decreased risk for t he lenderâ€"which would normally mean lower interest ratesâ€"the interest charges for title loans are still extremely high. They have an average repayment term of one month and an average interest charge of 25 percent, which works out to a 300 percent APR.While the average borrower can expect a larger loan principal with a title loan than they could get with a payday loan, the downside to title loans is also clear: If the borrower cannot repay their loan, the lending company can repossess their car and sell it in order to make up their losses.And this isn’t just a hypothetical either: According to research from the CFPB, one in five title loans ends with the borrower’s car being repossessed. In some states, title lenders don’t have to recompense borrowers if the car ends up being sold for more than was owed.3. Pawn shops.You might not think of pawn shops as a place where you go to borrow money, but that’s exactly how they work. Customers bring in valuable items that are then used to secure small-dollar loans; if the borrower can’t pay the loan back, the pawn shop gets to keep the collateral and sell it.Similar to title loans, the amount you can borrow with a pawn shop loan will vary depending on the worth of the item being used as collateral. The more valuable the item, the more money you’ll be able to borrow but the more you’ll stand to lose if you default on the loan.All small-dollar loans are regulated at the state and local level, meaning that loan terms and interest rates will vary depending on where you live. But even compared to payday and title loans, the rates and terms for pawn shop loans vary wildly. Most pawn shop loans are issued on a month-to-month basis.Pawn shops charge anywhere from 15 to 240 percent interest depending on local and state regulations. Before deciding whether a pawn shop loan fits your bad credit borrowing needs, you should do research on your local laws to see what kinds of rates you’ll be charged.4. Installment loans.Unlike the other loans included in this list, installment loans come with repayment terms that are longer than two weeks or a month. Your typical installment loan often comes with repayment terms anywhere from nine to 18 months.In some ways, bad credit installment loans are the same thing as regular personal loans; they simply come with higher interest rates. Installment loans are paid off in a series of regularly scheduled paymentsâ€"instead of just one lump sumâ€"and they charge interest as an ongoing rate instead of as a flat fee.Installment loans are also amortizing, which means that each payment goes towards both the interest and principal loan amount. Early payments  mostly go towards interest, while later payments are almost entirely principal. The ratio between the two changes according to the loan’s amortization schedule.Since installment loan interest is charged as on ongoing rate, paying the loan off early will save you money. Before borrowing, however, you shoul d check to see whether or not the lending company charges prepayment penalties, which penalize you for doing just that.The rates for installment loans differ from loan to loan, lender to lender, and state to state. Still, the rates for installment loans are oftentimes lower than the rates for title and payday loans. One of the few downsides is that longer loan terms can mean more money paid towards interest overall compared to short-term loans.Still, the smaller individual payments for installment loans could end up negating that extra cost. If a borrower is unable to pay off their short-term loan, they will be forced to roll it over or reborrow it. And every time they do, their cost of borrowing goes up. Meanwhile, making regular payments on an installment loan keeps costs steady.With payday loans and title loans, it is rare that a lender will run any sort of check on their customers’ ability to repay the money they’re borrowing. With installment loans, this practice is more co mmon. They often perform their due diligence by verifying an applicant’s income or running a soft check on their credit historyâ€"one that won’t affect their score.Lastly, some installment lendersâ€"like OppLoansâ€"report their customers payment information to the credit bureaus. This means that on-time loan payments will be reflected in customers’ credit history and can help them build their credit scores.Borrow now, plan for later.Even the best bad credit loan is no match for a well-stocked emergency fund. Instead of paying money towards interest, your long-term financial plan needs to involve money that’s been set aside to deal with surprise bills and other unforeseen expenses.While youre building those savings, it wouldn’t hurt to tackle your credit score as well. Even if you end up needing to borrow money to pay for a car repair bill or a medical expense, a good credit score will mean you can take out a loan with much lower interest rates to do so.If you have bad cred it, you should focus on paying your bills on time and paying down your debt, as those two factors make up 65 percent of your overall score. For debt repayment, you should try either the Debt Snowball or the Debt Avalanche methods.And no matter what steps you take to improve your financial situation, one of those steps needs to be building a budget and then sticking to it. Without that, all your other efforts to pay down debt, improve your credit, and build up your savings will fall flat on their faces. To learn more, check out these other posts and articles from OppLoans:How to Raise Your Credit Score by 100 PointsSave More Money with These 40 Expert TipsFinancial Basics: Expert Tips for Smarter SpendingBuilding Your Financial Life: Budgeting for BeginnersDo you have a personal finance question youd like us to answer? Let us know! You can find us  on  Facebook  and  Twitter.  |Instagram

Saturday, May 23, 2020

Native American Culture Essays - 1004 Words

Native American Culture is a culture of respect to their ancestors, and to their gods such as the moon, sun, and animals. Believing in reincarnations, they give sacrifice of animals and dance around fire to be in their gods favor; for when they die they will return in some form of animal or human. Reasons for the expansion of Europe into the west were 1). They were in search of riches ex. Gold, oil, tobacco, land, crops est., they figured if they can find these resources they can trade them and make lots of money. 2) They wanted to conquer other lands with people in it, so that they can control them; meaning using them as slaves. As slaves you can sale them for profit, work them in your house hold to do your chores, and work them in your†¦show more content†¦2) The equality to men- meaning women were started to be treated like men in most circumstances like jobs, political matters and in families. 3) The rights to an education. 4) The change of the surroundings before the ch ange things were tended more for men but after the change things started to tend for women ex. Books, jobs, and schools. Problems the confederacy faced during their form of government were, Debt- America; during post-revolutionary war there was no solution to the war debt which was overwhelming to both the nation and state. The confederacy was not organized, they had no type of police to give the law and follow it, they formed a convention but they did not have a supreme leader to oversee everything so things were not done correctly, problems of non-uniform commercial policies, nonpayment of state quotas, insufficient sources of national revenue, and non-attendance by state delegates. Also there the great compromise of the constitution. One of them was the Great compromise, were small states wanted all states to have the same number of representatives to Congress, and large states wanted representation to be determined by the population of the state. Another compromise was the 3/5t hs compromise, were southern states wantedShow MoreRelatedThe Native American Culture Of Native Americans1335 Words   |  6 Pagesand music, and Native American is no exception. First, the native music related many aspects such as ritual, life and work. They like to combine music with dance, and the Native American music always created rich percussion instruments. For example, the hand drum, log drum, water drum and rattle, etc. Powwow is an important festival and ritual for the Native American, and it is a symbol for the tradition culture of Native Indians. Powwow, is a social gathering by the Native American tribes, and theyRead MoreNative American Culture781 Words   |  4 PagesNative American Culture Have you ever wonder how the world was created from another culture’s perspective? Native Americans used creation myths to explained to their people how the world was developed overtime. Creation myths are a big part of the Native American culture. they have been passed down from generation to generation. In the creation myths, harmony with nature, rituals, and strong social values are shown in each myths. The purpose of having strong social value in these myths is to teachRead MoreNative American Culture And Culture Essay2065 Words   |  9 Pagescomprehend enough of their own culture identity? Every culture has their own identity. We all have the same human race. However, for me, even though USA is one of the biggest countries in the world, it’s hard to believe USA is a multicultural country, which has many people who came from overseas to the US to represent their own culture in there. There are Native American culture, Mexican culture, Chinese culture, Korean cultu re etc. and there is no way to count all the cultures which exist in the US becauseRead MoreNative American Tradition Culture Of Native Indians1338 Words   |  6 Pagesand music, and Native American is no exception. First, the native music related many aspects such as ritual, life and work. They like to combine music with dance, and the Native American music always created rich percussion instruments. 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There are unique collection of instruments that are played in ceremonial events, recreation, and even through healing. Some of these instruments are drums, flutes, rattles, and other percussion instruments. The voice is also used quite a lot and may even be the most important one because it is the backbone of music made in Native American Cultures. Native AmericanRead MoreThe Native American Tribes Culture1440 Words   |  6 PagesAbstract The Native American tribes’ culture has been affected as a result of the change in a climate whereby most of the refined foods are not consumed by the modern and the manufactured foods. The Native Americans of the American Indian, Alaska and the Bannock tribes face unique challenges whereby their native foods are no more due to the destruction of their cultural practices, and people have turned into taking the modern food (Marry, 2016). The climate change has led to the loss ofRead MoreNative American Cultures And Societies1367 Words   |  6 PagesNative American cultures and societies were without a doubt dynamic. Each society and their culture were comprised of various aspects including: creation stories, morals, beliefs and overall ways of living. Native Americans would base their beliefs on scientific, religious, or mythological studies. Unfortunately, with each society’s different style of living, it would lead to the demise of many tribes. External structural forces are circumstances that are beyond our control. It contains larger forcesRead MoreThe Between European American Culture And Native American Cultures1248 Words   |  5 PagesChocolate Thunder sang with her and turned the whole thing into a healing duet† (p. 100). The European American twist is the vibrating, phallic dildo. It is comically used as some sort of a â€Å"magic healing stick† that is part of Native American cu stoms. As a result, Chocolate Thunder, the sexual toy in question, is placed over the son’s crib once the son recovers. This playful European American theme is a key part of an intense Spokane Indian healing ritual that is seemingly as powerful as contemporary

Tuesday, May 12, 2020

The First Job Position That I Got Became The Fire Chief

The first job position that I picked was the Fire Chief. The general requirements for this position would be under limited direction, perform responsible work in the administration of the County fire and rescue services in accordance with Federal, State, and County laws. Work involves directing, planning, budgeting, developing, organizing, and managing the public fire and rescue system for the County. Responsible for implementing activities required in the long-term planning and budgeting for the County volunteer fire departments, serving as liaison between County administration and volunteer fire departments, and directing the activities of the Fire Rescue Division in emergency situations in order to protect lives and property of those in†¦show more content†¦Work involves directing, planning, budgeting, developing, organizing, and managing the public fire and rescue system for the County. Responsible for implementing activities required in the long-term planning and budget ing for the County Volunteer fire departments, serving as liaison between County administration and volunteer fire departments, and directing the activities of the Fire Rescue Division in emergency situations in order to protect lives and property of those in need of assistance. Duties for this Position †¢ Supervises staff including but not limited to prioritizing and assigning work; monitoring and managing performance and conducting performance evaluations, ensuring that staff is trained, maintaining standards, coordinating activities, allocating personnel, making hiring, termination, and disciplinary/grievance decisions, and recommending and approving employee transfers, promotions, and salary increases. †¢ Develops and oversees implementation of the County’s fire/rescue protection system which includes assessing community needs, setting priorities, determining available resources, and evaluating protection options. †¢ Formulates and enforces departmental rules and regulations, work methods, and procedures. †¢ Reviews reports of the activities of each fire/rescue division and provides feedback to

Wednesday, May 6, 2020

Balance Sheet and Regulatory Features Paper Free Essays

Financial institutions offer a wide array of services that vary in terms of transactions, clients, packaging, volume and other parameters. Among them are the investment securities firms, banks and insurance companies. In general, they all â€Å"perform the essential function of channeling funds from those with surplus funds to those with shortages of funds† (Saunders Cornett, 2003). We will write a custom essay sample on Balance Sheet and Regulatory Features Paper or any similar topic only for you Order Now Then as they progress with their respective financial products, services, and target markets, then their roles in the financial world become more apparent. Investment Securities Firms Investment securities firms act as brokers and sell securities such as company stocks, commercial papers and promissory notes as well as government-issued treasury bills. â€Å"[They] assist individuals who want to purchase new or existing securities issues or who want to sell previously purchased securities† (Melicher Norton, 2003). Full service of these firms for individual clients would include doing research on securities available for them to invest in and rendering advisory services by giving clients timely information and recommendations based thereon (Saunders Cornett, 2003). These they do also for corporate clients that park some of their idle company funds in securities – both fixed-income securities and stocks. These firms charge commission and service fees for their services, and this is basically how they generate their income. Depository Institutions While investment securities firms are non-depository institutions, those that are designated as depository institutions can accept deposits from retail savers. They include banks, savings institutions and credit unions (Saunders Cornett, 2003). While non-depository institutions plainly act as intermediaries of funds from the sources (the investors and the savers) to the users (the companies needing additional working capital to fund their operations, etc. ), depository institutions can act both as intermediaries and as custodians of the money entrusted to them. When an investor goes to an investment securities firm to either buy stocks or to put some money in commercial papers, they know that their money is placed in the company that issued the securities (stock or debt instruments). They will therefore be concerned with the financial well-being of the securities issuer, and not so much the investment securities firm. This is because the company primarily responsible for the safety of the value and the income of their money is the same company that issued the securities they invested in. In contrast, when an investor goes to a depository institution like a bank to leave their money there for safekeeping until they would need to use it or to invest it elsewhere, the same investor is placing his trust and confidence in the depository institution. He, therefore, believes that the institution is financially sound and that putting his money in their custody is a safe move. The institution, in turn, accepts the deposits and stands to be responsible for them. In behalf of their depositors, then, they invest the pooled deposits elsewhere and lend them to qualified borrowers. Financial Intermediaries Financial intermediaries generally include banks, investment securities firms, investment banks, insurance companies and pension funds. They are grouped into three categories: the depository institutions (banks), the contractual savings institutions (insurance companies) and investment intermediaries (mutual funds). These entities stand between the lender-savers and the borrower-spenders and facilitate the transfer of funds from one to the other. (Mishkin, 2001) They receive money and pass them on as investments, subject to their respective agreements or transaction contracts with their clients. How to cite Balance Sheet and Regulatory Features Paper, Papers

Saturday, May 2, 2020

2Pac Shakur Essay Example For Students

2Pac Shakur Essay Tupac (Two-pahk) Amur Shakur, commonly known as 2pac, led a violent life. He died on September 13, 1996. He was a gangsta rapper/Aspiring actor. Tupac was a big figure in the rap community, always doing what he wanted and not caring what others thought of him. His life symbolized what a lot of people have gone through, through his music and movies he showed us how hard life can be. Tupac was born in Brooklyn, NY in 1971. His family and he moved to Baltimore, Maryland early in his life. He took Performing Arts classes at his chool; his teachers said he looked promising. He never finished school. He dropped out and moved to a small town outside Oakland, CA (Associated), however he did go to college and finish his high school credits. All his life he was raised by his mom, with his sister. He always led a violent life; April 5, 1993, he assaulted a fellow rapper with a baseball bat. October 31, 1993, he was charged with shooting two off duty police officers. The charges were later dropped. November 19, 1993, he was convicted of sexual assault (Death). In November 1994, Tupac himself was shot during an attempted robbery outside a music studio in New York. Tupac did, however, mention this; Thug life to me is dead. If its real, let somebody else represent it because Im tired of it. Shakur told Vibe Magazine. I represented it too much. I was Thug Life( Associated). Tupac had a very promising career. His first album 2pacallyps Now was very successful. Not too late after that his movie Juice was released in 1992. He released two more albums titled Strictly for my Niggaz and Me against the orld and two more movies Poetic Justice (1993) and Above the Rim(1994). His last album, All Eyes on Me sold over 6 million copies and was the first double CD for rap music. (Thuglife)(Associated) 4:03 p. m. PDT, Friday, September 13, Tupac died of respiratory failure and cardio-pulmonary arrest at University Medical Center, Las Vegas(Payne). He died of bullet wounds to the abdomen and chest at the young age of 25 (Unofficial). Shakur was shot four times in the chest and abdomen. Police believe he was the target. He lingered in a coma before he died. So far police have no suspects. All they are saying is that the people were in a white cadillac, not from Las Vegas where he was shot (Associated). I believe that Tupac although he lived a violent life, mostly tried to keep others away from the life he had lived. He died after going farther than a lot of people would have gotten in their entire life. Some believe that Tupacs death was faked but I do not know which to believe. This man was great at what he did, rap, and movies and that is what I admire him for.