Friday, January 24, 2020
Gun Control Only Taking Freedoms, Not Saving Lives Essay --
In the 18th century our founding fathers met in Philadelphia to create a document that would lay the foundation for what the United States is built upon. The document would be called the Constitution. However, some would not ratify the Constitution without also having a Bill of rights to protect the rights of the American citizen. Among these amendments that would be added to our Constitution was the Second Amendment. The Second Amendment gave the American citizen the right to keep and bear arms, and to form state militias. The idea behind forming state militias is that in times when a tyrannical government is trying to control the people the people can form a militia to reinstall liberty and dethrone a government that tries to control the people. (Alters) Gun control over the years has proven futile because it only takes away the rights of the American citizen. The founders were strong believers in small government and letting the American people have their own lives and have their own privacy. A right to bear arms is necessary because the American citizen needs a way to defend themselves, their family, and their home. What if someone’s home is invaded in the middle of the night and and their is no gun in the house? If the parents of the house try to attack the invader they will get shot or stabbed and the house will be robbed. Now if that parent has a gun, he doesn’t have to shoot to kill necessarily, but if a robber sees a gun in the house and gets shot at chances are the robber will flee the house. Another major Thornton 2 importance of the Second Amendment was to allow the American citizen to control the army. The founders knew that with state militias, all of them combined could overwhelm any oppressive standing... ... for any invasion. Now no one has been foolish enough to attempt such an attack, but I believe America should model our Gun laws system after them. In conclusion America needs to learn from Switzerland. They may be in a better positioned area but, we must learn from the Swiss. More gun laws has produced more deaths (see Chicago) and less gun laws have produced fewer deaths. The point is if guns are easier to own we would have an easier way to defend ourselves. So instead of cheering for stricter gun control laws we should be fighting for less. Switzerland may never be attacked, but America sure has Thornton 5 and what’s stopping someone from doing it again? I’m not saying five year-olds should be owning RPGs, but kids, teens, adults, and seniors alike should all have some form of training just in case someone does get bold and attempt a repeat of 9/11.
Wednesday, January 15, 2020
On Being Sane in Insane Places Essay
Have you ever been in a confrontation with someone where they ended with calling you a lunatic, crazy, or insane? It does not feel too great. But at least you know you are sane, and to everyone else around you, you seem â€Å"normal.†Can you walk down the street and visibly see a difference between a sane and insane person? There are some people however that are permanently labelled as â€Å"abnormal†or â€Å"insane.†These people are diagnosed as â€Å"mentally ill†and are forever stigmatized and in some cases, dehumanized because of such labeling. Is it easy to distinguish the sane from the insane, or is it in fact the environment and contexts in which observers find these people? David L. Rosenhan formulated an experiment to investigate if psychiatrists could identify the difference between people who are mentally ill and those who are not. According to Rosenhan, â€Å"there are a great deal of conflicting data on the reliability, utility, and meani ng of such terms as â€Å"sanity,†â€Å"insanity††¦ normality and abnormality are not universal†(Rosenhan, 1973, pg.310). Rosenhan formed a group of 8 people who attempt to gain admission to 12 different hospitals across the United States. The psuedopatients each claimed of having textbook symptoms of schizophrenia. Once admitted, the psuedopatients each described their histories truthfully, and â€Å"they strongly biased the subsequent results favor of detecting sanity†(pg.313). Each psuedopatient â€Å"ceased simulating any symptoms of abnormality†(pg.313). Nursing reports obtained that each pseudopatient â€Å"exhibited no abnormal indications†(pg.313). The average length of hospitalization was 19 days, and upon discharge, each psuedopatient had a case summary written. All of the summaries were â€Å"unintentionally distorted by the staff to achieve consistency with a popular theory of the dynamics of schizophrenic reaction†(pg.316). Each psuedopatient upon discharge was reported as in remission, not cured, which perpetuates the negative label. These ascribed labels are permanent, and puts the diagnosed person at a disadvantage forever. People diagnosed as mentally ill are treated dif ferently, in most cases they are treated as if their thoughts and opinions cannot be trusted or taken seriously. This is not fair, nor is it accurate. There is an â€Å"enormous overlap in the behaviors of the sane and the insane†(pg.318). The sane are not always sane, similarly, â€Å"the insane are not always insane†(pg.318). While reading this article, I was reminded about the homeless, and that many people assume that just because they are homeless, they are likely to have a mental illness. Now I see why many people assume this; the reason is the environment and contexts that civilians see these homeless people in. It is possible that some of these people are mentally ill, but it is more likely that they are in their position because of other reasons. From a sociological perspective, this experiment highlights the conflict perspective. In class, we have discussed how power is the core of all social relationships, all social systems feature a superordinate group and a subordinate group. In mental institutions, as well as in the public, conflict perspective is conveyed via sane people discriminating the allegedly insane people. Psychiatrists, nurses, and even civilians are above the mentally ill, because they are â€Å"sane†while the â€Å"insane†are incapable of having valid opinions. Pow er is scarce, and everyone wants some of it, and unfortunately this permanent label is debilitating for the person who is marked with it, leaving them with little hope of upward mobility in our society. References Rosenhan, David L, (1973). On Being Sane in Insane Places. 310-321
Tuesday, January 7, 2020
Let Us First See A Brief Summary - 925 Words
Let us first see a brief summary of this case. Anthony Elonis, a Pennsylvania resident, was left by his wife in May, 2010 and afterwards lost his job for posting improper messages concerning his colleague on Facebook. In October 2010, he also started posting overly violent messages about his wife. One of his Facebook posts said, â€Å"There’s one way to love you but a thousand way to kill you.†One month later, Elonis got restraining order from his wife (Ferrilli, et al 2014). Besides, he threated to blow up local elementary school and intimidated against a female FBI agent. All of those posts led him to eventually being arrested and charged. He served three and half years prison sentence, but the fact is he did not carry out actual actions (Hill, 2014). However, this case brings up many controversial issues to discuss. Did his words on Facebook constitute a â€Å"real threat†? Should people whom use violent and threat words on social media outlets still under the protection of free speech base on the First Amendment? What is more, should comments on social platforms be interpreted differently than comments in other forms? Let us look at Elonis defense statement. He said he was just using rap-like lyrics to comfort his depression emotions on Facebook. He felt like what he said were free speech and should be protected by the First Amendment (Barnes, 2014). The difficultly of this case is the Supreme Court claimed that actual threats do not fall under the protection ofShow MoreRelatedFinance1176 Words  | 5 PagesSpring 2010 – Term 1 In this case, you have to use data from comparables to estimate the cost of capital at Ameritrade. The process involves a few stages that this handout will guide you through. First, we need to determine which set of ï ¬ rms to use as comparable ï ¬ rms. You should try two diï ¬â‚¬erent sets. The ï ¬ rst set will include three discount brokerage ï ¬ rms: Charles Schwab Corp, Quick Reilly Gr oup, and Waterhouse Investor Services.1 The second set will include six investment services ï ¬ rms: A G EdwardsRead MoreEssay about Four Spiritual Laws: Methods of Evangelism1122 Words  | 5 PagesFour Spiritual Laws Summary of Method – The method that I choose was â€Å"Four Spiritual Laws.†The basic summary of this method of evangelism is there are four simple and straight forward points that evangelist must present in order to reach the person who is being evangelized. In other words, these four laws are constant and are needed in order to understand the Gospel and salvation. These laws include: God loves you, man is sinful and separated from God, Jesus Christ is Gods only provision for mansRead MoreHouseboy: Novel Essay969 Words  | 4 Pagesmaking it a â€Å" cautionary tale meant to be passed on to others†. Oyono’s novel tries to break the cycle of lost identity by letting this novel disclose the innocent mistakes of Toundi and his belief into the lie that they are Frenchman. In Toundi’s first entry of his diary he states: â€Å"Father Gilbert says I can read and write fluently. Now I can keep a diary like he does. Keeping a diary is a white manâ€⠄¢s custom and what pleasure there is in it I do not know. But I shall try it out.†(9) We learn asRead More William Wordsworths Lucy Gray Essay945 Words  | 4 PagesWilliam Wordsworth focuses on that loss and the emotions that follow it. By reading the poem one can objectively experience both the grief that Lucy Gray’s death brings on but also her parents’ acceptance of her death. The poem in brief summary allows us to experience an outsider’s view of the death of Lucy Gray and her parents’ grief. The character narrating the poem tells the story of Lucy, a girl who was sent by her father with a lantern to light the way home, for her mother in town. OnRead MoreThe Road by Cormac McCarthy Essay888 Words  | 4 Pagesorder to survive. The connection that the man feels with his son is sacred and throughout the novel the man makes great sacrifices to allow his son to live on and have a future in a world that has gone dim. He shows his son how to â€Å"carry the fire†, first with his help, and then, later, without him. The novel opens after some unknown apocalyptic event has struck the entire world. Neither the man nor the boy is given a name; this anonymity adds to the novels tone that this could be happening anywhereRead MoreInstructor Policies722 Words  | 3 Pages| Instructor PoliciesHCS/235Health Care Delivery in the US | Facilitator Information                                                                                                      Ms. Churchlchurch@email.phoenix.edu (University of Phoenix)lisalchurch@aol.com (Personal)402-560-1611 (mst)Facilitator AvailabilityI am available on most days. I check my email intermittently throughout the day. Please do not hesitate to ask questions. I can answer texts during the day hours if needed. PhoneRead MoreThe Incident And My Concerns About The Verbal Allegation780 Words  | 4 PagesFriday August 28th there was a confrontation with Jasmine. I spoke to Amanda at the end of my shift about the incident and my concerns about the verbal allegations. I ’ve written a brief summary of the event. Roughly 35-30 minutes left for the shift. We had received an email on the new closing call protocol and a few of us were discussing the verbiage. Mac and I were discussing how we could put in place the new closing into our statements during our 0800-1400 calls. While we were discussing thisRead MoreLife Is Precious1350 Words  | 6 Pagesterm used to describe ending life through the voluntary self-administration of lethal medication, expressly prescribed by a physician for that purpose (DHS-Internet). By approximately a two-to-one ratio, most adults in the US agree that it should be this way. When read a brief description of the Oregon proposition, allowing physician-assisted suicide for patients who are thought to have less than six months to live, a 61% to 34% majority said that they would favor such a law in their state(HarrisRead MoreThe Russian Government And Computer Files At Any Given Moment? Essay1714 Words  | 7 Pagesbefore, he goes on to tell you there is nothing you can do, the photos have been taken already. He says he will have his office look into it further to see if there is anything they can do, but it doesn’t look promising. Fast forward to three months later, you are sitting at home in the living room organizing some pictures with Alice. Alice lets out a shriek, you immediately look up. A photo of you and your family is on the television. Alice turns up the volume, a world news reporter continuesRead MoreAmbush by Tim O Brien994 Words  | 4 PagesHowever, paragraph 2 only consists of short sentences and without commas, it is only a brief summary of what happened. This paragraph may lead people on further reading the passage, as people are intrigued of what was happening. Flashback in the main narrative has a more sorrowful tone, the author regrets of killing the young man. He said he was terrified. The author automatically threw a grenade at the young man at first sight. It was too late to regret and the incident paves the way to how the author
Monday, December 30, 2019
Analysis Of A Midsummer Night s Dream - 1020 Words
The Different Forms of Love in Relation to ‘A Midsummer Night’s Dream’ Love is a term used daily in one’s life. Many categorize love in many forms. These forms differ from one-another such as the difference between love for food and love for one’s spouse. However, in the play; â€Å"A Midsummer Night’s Dream†, love takes different forms than the ones experienced in reality. One can classify the different types of love used in this play into three different categories; true love, love produced by cupid’s flower, and the state of lust. ‘True love’ is a form of love that has a distinct aura around it and serves as the baseline in the play. One can suggest that the love shared between Hermia and Lysander is ‘true love’ as they decided to elope†¦show more content†¦We the globe can compass soon, Swifter than the wand’ring moon. (4.1.99-103) The above shows that Titania and Oberon share a relationship that is inseparable. They swallow their pride and come back together, planning to even bless the marriage of Theseus and Hippolyta even though those were the other two in the affairs. Hippolyta proceeds to call Oberon ‘my Lord’ and Oberon calls Hippolyta ‘my Queen’. This shows that their love is still prevalent. ‘True love’ is the baseline in the play and is the primary form of love. The love produced by Cupid’s flower serves as comedic relief in the play and can be considered to be the second form of love. The love produced by the love juice causes one to fall in love with the first living creature they see and do not seem to occupy themselves with anything that does not involve their lover. Titania enamores over Bottom once she wakes up: I pray thee, gentle mortal, sing again. Mine ear is much enamored of thy note, So is mine eye enthralled to thy shape, And thy fair virtue’s force perforce doth move me On the first view to say, to swear, I love thee. (3.1.139-143) The above shows the second form of love which is the love produced from the juice of cupid’s flower. It is keen to note that one who is enthralled with cupid’s love does not involve themselves in any other activity that is not flattering their lover. This is emphasised when Titania orders the fairies to respect and be courteous toShow MoreRelatedAnalysis of A Midsummer Night ´s Dream1001 Words  | 5 PagesWilliam Shakespeare starts with a seemingly unresolvable conflict in A Midsummer Night’s Dream. The main characters are lovers who are either unrequited in their love or hassled by the love of another. These lovers are inevitably paired. How does Shakespeare make this happen? He creates many subplots that, before long, are all snarled up into a chaotic knot. So, what actions does Shakespeare take to resolve these new quandaries? He ends up trusting a single key entity with his comedy. It’s only thenRead MoreAnalysis Of Midsummer Night s Dream 1251 Words  | 6 Pages Midsummer Night’s Dream is a perfect example of just how deceit can tear people apart. When trying to force a situation into something/ a situation you wish it to be you can end up putting yourself in quite the compromising position. It is a good story on the struggles of true love, parents wills, and fighting for what one believes in, with just a hint a magical alure to it and a slight pull of betrayal to make things even more interesting. In the end though, just as almost every other love storyRead MoreAnalysis Of A Midsummer Night s Dream 1052 Words  | 5 PagesSavannah Dunn Miss Sibbach English IV 10 December, 2014 Endless Love Faults exist when love and law attempt to coincide. In A Midsummer Night’s Dream, Hermia comes head to head with unfairness, the fault which arises after her father disapproves of her marrying who she loves. According to the Athenian Law she must serve a punishment for disobeying her father. By this law, she should treat him like a god or her ruler. What he says goes and he intends for her to marry Demetrius, but she loves LysanderRead MoreAnalysis Of A Midsummer Night s Dream 1887 Words  | 8 PagesGabriel Yeung Mr. Ross ENG1DE-A January 17th 2014 Humor. Humor is a quality of an action that causes amusement and entertainment. A Midsummer Night’s Dream, written by William Shakespeare is a play best known in the Shakespearian world for being a comedy play. This play has entertained countless audiences over a span of many centuries. A Midsummer Night’s Dream is about two pairs of lovers that escape to the forest in order to make love for one another. While doing so, fairies in the forest createRead MoreAnalysis Of A Midsummer Night s Dream 1915 Words  | 8 PagesThe supernatural world is rather distinct to that of the human world entrenched in societal standards and boundaries. Shakespeare’s play, ‘A Midsummer Night’s Dream’, explores this concept, particularly through the use of Puck. In agreement to Harold Bloom’s statement, the following essay will analyse how Puck is significant because, by being so disparate, he is able to show the limitations of the human. This will be do ne through, first, exploring a definition of the human in relation to the supernaturalRead MoreAnalysis Of Shakespeare s The Midsummer Night s Dream Essay1165 Words  | 5 Pageshe was trying to get across due to their education. These references would have little effect on the actual plot of the play. These references would be used to describe appearance, personality, mood or occupation. Theseus’s monologue in A Midsummer Night’s Dream, about the insanity of lovers shows this clearly when it describes how the lover in question perceives his love as having ‘Helen’s beauty’, even without being objectively unattractive. This reference was clear and would definitely be understoodRead MoreWilliam Shakespeare s A Midsummer Night s Dream And Fool1401 Words  | 6 Pagesthe Shakespearean stage. But what is the role of the Shakespeare’s fools in his works? And how do particular characteristics about these fools help them achieve this purpose? Through an in-depth analysis of Shakespeare’s arguably two most famous fools, Puck (Robin Goodfellow) from A Midsummer Night’s Dream and Fool in King Lear; an argument can be made that the scope of the fool goes far beyond being solely a comedic figure. Using a Shakespearean comedy and tragedy as evidence, this essay will makeRead MoreLiterary Analysis Of August Strindberg s Play Miss Julie1706 Words  | 7 PagesTo set up the tone, content, and structure of this sociological analysis of August Strindberg’s play Miss Julie, the following two quotes will be compared and contrasted. One from German economist, philosopher, and promenade socialist, Karl Marx and another from author, actor, and theatrical theorist, Jeremy Rockwood. The first quote comes to us from Marx s Manifesto of the Communist Party, â€Å"The history of all hitherto existing society is the history of class struggles,†(Lermert 43). The secondRead MoreWhy Did Freud Use Oedipis As Basis?1355 Words  | 6 Pagesincest arrangement and the ghost of Hamlets father seemingly appears calling Claudius, ‘that incestuous, that adulterate beast’. Many critics read the line adulterate beast as proof that Gerturde had been the lover of Claudius even before Hamlet s father had died. However, is Gertrude had been having an affair she would most likely be seen as part of the murder plot. Claudius does not confide in her however leading us to believe she was not in fact an acomplice. This is further emphasised forRead MoreEssay on A Midsummer Nights Dream: Critical Analysis3103 Words  | 13 PagesMandy Conway Mrs. Guynes English 12 16 March 2000 A Critical Analysis of quot;A Midsummer Nights Dreamquot; William Shakespeare, born in 1594, is one of the greatest writers in literature. He dies in 1616 after completing many sonnets and plays. One of which is quot;A Midsummer Nights Dream.quot; They say that this play is the most purely romantic of Shakespeares comedies. The themes of the play are dreams and reality, love and magic. This extraordinary play is a play-with-in-a-play, which
Sunday, December 22, 2019
History of Cloning Essay - 2321 Words
History of Cloning Although the word itself has only been around for only four decades, the idea of creating an organism identical to another has been around for centuries. Even nature has utilized this process. The actual process of artificially cloning has been around since before 1900s, even though it is heard of more often in the modern world. Cloning began in 1894 with the first clone of an organism. Hans Dreisch was able to clone a sea urchin, and his research led to Hans Spemann’s multiple attempts and successes of cloning throughout his science years. As technology advanced, Robert Briggs and Thomas King used Spemann’s results to create the process of nuclear transfer used in modern cloning techniques. After many debates over†¦show more content†¦4). This experiment and others disproved Wilhelm Roux and August Weismann’s theory that stated: â€Å"The egg and sperm contribute chromosomes equally to the zygote. The chromosomes are carriers of the hereditary potentials, and the germ cells (gametes) of the embryo are the only ones to carry the complete set of hereditary potentials (nuclear determinants), whereas each somatic (body) cell type contains only part of these potentials required for the specific cell type†(Berardino 2). By separating the cells of a single developing embryo to create two organisms, Dreisch proved that the somatic cell contains all hereditary information. The next successful cloning experiment was conducted in 1902 by German Dr. Hans Spemann on salamander embryos, producing twins. Spemann split the embryo using a strand of hair from his newborn son, and the two resulting cells grew into normal adult salamanders. These salamanders were artificially-created identical twins. He repeated his experiments many times, and created mutant creatures. He concluded that in order to create a normal organism, the cloning process must be completed before what he called â€Å"determination,†or the stage in growth where cells specialize into different cells for different parts of the body. This stage is completed in the early growth of an embryo (Cheng n.p.). However, cloning in mammals remained impossible, due to the fact that mammal eggs are invisible to the naked eye, while amphibianShow MoreRelatedAmazed by Cloning1544 Words  | 6 PagesCloning is an amazing complex thing! In this paper a person will learn some basic cloning informati on, the history of cloning, good and bad things about cloning, human cloning, and bringing back endangered species with the use of cloning. Information includes the processes and some animals that have been cloned. The history includes the different cloning achievements starting with the first artificial twin. The good and bad parts will of course talk about the pros and cons of cloning. HumanRead MoreCloning : The Future Of Medicine And The Curing Of Diseases1427 Words  | 6 PagesCloning By: Joshua Weidner Cloning: is it the future of medicine and the curing of diseases or is it the beginning of an unholy tragedy? Cloning needs to be looked into for the fact it could help save many people s lives. Before I decided to study the subject I had no idea how much cloning could help us as the human race. Cloning is a very promising field of study and could hold the key to the future of what it means to be human. Almost everyone has come to believe that the first animal to beRead MorePros And Cons Of Cloning1109 Words  | 5 PagesWhat is Cloning? Cloning is a number of processes that are used to create genetically identical copies of an organism. Researchers have cloned a number of biological materials, such as genes, cells, tissues and whole organisms, including sheep s and horses. Cloning can happen naturally in identical twins, but it can also be done in a lab. (Cloning Fact Sheet). Pros: . Parents with no eggs and sperm can create children that are genetically related to them. . Endangered plants and animals canRead More Human Cloning Should be Permitted Essay example1371 Words  | 6 PagesHuman Cloning Should be Permitted What would you say if I told you that scientists had just developed a new procedure that could lead not only to the cure for cancer, but would provide an unlimited source of organ donors and could lead to the first effective treatment of nerve damage? Now adding on to this scenario lets say that our government was taking action to ban this new procedure because of a few myths and some loud mouthed conservatives. This scenario is true and is taking placeRead MoreThe Cloning Debate On Cloning1227 Words  | 5 PagesEva Gaetz Sec 09 Kanchan Hulasare The Cloning Debate According to Mosby’s Medical Dictionary, the term â€Å"cloning†is defined as â€Å"a procedure for producing multiple copies of genetically identical organisms or cells or of individual genes.†Researchers have conducted several cloning experiments over the years, replicating tissues, organs, and even full organisms such as Dolly the Sheep in 1997. The history of cloning dates back to the early 1900’s when Hans Adolf Edward Dreisch studied the resultsRead MoreHuman Reproductive Cloning Is Immoral And Unnatural1570 Words  | 7 Pages Amber Cady Human Reproductive Cloning is Immoral and Unnatural Westmoreland County Community College Introduction In some ways, the never-ending scientific possibilities of our time have continued to exceed our expectations. Within the 20th century there has been new medical research on stem cell research, and we have successfully completed organ transplantsâ€â€more recently face and skin transplants. Without progressions like this from science, many would not be alive today. But when doesRead MorePros And Cons Of Cloning1106 Words  | 5 PagesCloning is a number of processes that are used to create genetically identical copies of an organism. Researchers have cloned a number of biological materials, such as genes, cells, tissues and whole organisms, including sheep s and horses. Cloning can happen naturally in identical twins, but it can also be done in a lab. (Cloning Fact Sheet). Pros: . Parents with no eggs and sperm can create children that are genetically related to them. . Endangered plants and animals can be cloned to saveRead More Cloning Essay1100 Words  | 5 PagesCloning For hundreds of years man has wondered what it would be like to clone human beings. With the idea of cloning comes many different opinions and positions. The idea of creating an army of super humans has long been a dream of many people. Others have feared what would happen to the world if cloning were possible and if cloning is morally correct. Overall, religion and ethics play a vital role in the both of these viewpoints and greatly effect many positions on the topic of cloningRead More Embryonic Wars Essay1634 Words  | 7 Pagessummarise the controversial debate concerning the ethical decency of embryonic cloning for therapeutic purposes. This is the form of cloning that is supposedly beneficial to a barrage of medical applications. We will identify the key opposing ethical perspectives such as those of the justification of embryonic research based on the normative theory of consequentialism. This paper will also probe into the relatively brief history of the debate while gaugi ng the particular stumbling blocks of disagreementRead MorePersuasive Essay On Human Cloning1106 Words  | 5 Pagestime and death. With the strong development of science, humanity has found an amazing solution to this puzzle: cloning, the â€Å"aggregate of genetically identical cells or organisms asexually produced by or from a single progenitor cell or organism.†(â€Å"Clone,†n.d.) Whether or not human beings should be cloned is a controversial issue around the world. In my opinion, the research on human cloning should be a priority because of its incredible benefits in advancing the process of human evolution, an opportunity
Saturday, December 14, 2019
Wk 1 Discussion Free Essays
What is meant by an â€Å"agency cost†or â€Å"agency problem†? Do these interfere with shareholder wealth maximization? Why? What mechanisms minimize these costs/problems? Are executive compensation contracts effective in mitigating these costs/problems? Our textbook defines an agency problem as a â€Å"conflict between the goals of a firm’s owners and its managers†(Megginson Smart, 2009). It then defines agency costs as dollar costs that arise because of this conflict. In the corporate structure, stockholders are the owners of the firm, and they elect a board of directors to oversee the firm and help protect their investment. We will write a custom essay sample on Wk 1 Discussion or any similar topic only for you Order Now The board then hires the right corporate managers to run the firm with the goal of maximizing the wealth of the shareholders. In a vacuum, this is a perfect framework by which to run a corporation; however, the reality is that a corporation’s managers are influenced and driven both by the company’s goals and by their own personal goals. Our textbook lists a few of those goals on page 25 as personal wealth, job security, lifestyle, prestige, and ‘perks’ (Megginson Smart, 2009). These agency problems can directly interfere with the corporation’s goal of shareholder wealth maximization because of the costs that these problems create. For example, an executive might become so focused on his personal goals that he â€Å"takes his eye off the ball†of the company’s goals. In addition, the board may have to institute costly auditing or bonding measures to ensure the effectiveness of its managers, or protect the company from executive wrongdoing. Our text lays out three broad ways that shareholders can try to mitigate these types of agency problems; they are: relying on market forces, structured executive compensation packages, and the auditing/bonding measures discussed above (Megginson Smart, 2009). The â€Å"market forces†category is loosely defined as the pressure put on a business by the rest of the market and its competitors. This can manifest itself in the form of a hostile takeover, whereas another entity purchases a controlling interest in the firm with the goal of making a profit on that investment. Generally, under-performing companies are the prime targets of hostile takeovers, so it makes sense that aligning shareholder and executive goals is a major way to avoid that. One popular way of aligning these goals is through the use of elaborate, structured compensation plans for executives which directly tie an executive’s salary to the performance of the company, usually and specifically its stock price (Megginson Smart, 2009). These compensation plans have become the norm for American corporations, and their effectiveness in solving the agency problem is debatable. On one hand, it should drive an executive to strive to maximize the shareholder wealth, and it also helps companies to attract and retain the best available managers. On the other hand, it serves to sometimes wildly inflate the compensation paid to these executives, either by corporations trying to stay competitive for the best talent, or through easily achievable goals and uncapped maximums. The structured plans, if done correctly, are an effective way to help insure the goal of wealth maximization, but they are also by definition agency costs. Hence, agency problems are inherent to our American corporate system. Works Cited: Megginson, W. L. , Smart, S. B. (2009). Introduction to Corporate Finance. Mason, OH: South-Western. Chapter 2 If you were a commercial credit analyst charged with the responsibility of making an accept/reject decision on a company’s loan request, with which financial statement would you be most concerned? Which financial statement is most likely to provide pertinent information about a company’s ability to repay its debt? If I was in charge of approving or denying a loan for a company, I would be most concerned with that company’s last few Income Statements. An Income Statement provides the details of a firm’s business performance over a set period of time, and it shows all sources of revenues and expenses for a business. Analysis of an Income Statement will clearly show the health of a company’s business operations. This question is misleading though, because any loan approval authority would obviously also be concerned with a company’s Balance Sheet, Statement of Cash Flows, and Notes to Financial Statements documents as well. Through a thorough review of all the firm’s statements, an analyst can calculate the most important ratios to determine the credit-worthiness of a prospective loan customer. The Statement of Cash Flows, in particular, is the single best document for determining if a firm has the required liquidity to repay a new obligation. This is achieved by calculating important ratios such as the OCF and the FCF. However, since the Statement of Cash Flows is comprised entirely of data presented on other financial statements, it did not rise to the level of â€Å"most concerned with†for the purpose of answering this question. How to cite Wk 1 Discussion, Papers
Friday, December 6, 2019
A Thousand Suns by Linkin Park free essay sample
Fresh off the critically polarizing Minutes To Midnight, Linkin Park had to make a tough decision. Should they stay with their typical radio-friendly rap-rock hits and be accused of being a one-trick pony, or should they leap even deeper into maturity and abandon that sound entirely? Much to the extreme disappointment of their older fans, they decided to not only do the latter, but to make an actual CONCEPT album as well. Unfortunately, this so happened to be the result of the bands even more negatively received 2010 album A Thousand Suns. In short, the overall concept of this album revolves around human fears, namely nuclear warfare. Interestingly enough, though, despite having quite a lot of interlude tracks, the album doesnt have any sort of central narrative, turning an already disorderly premise into something even more muddled and confusing. But any jumbled album can at least be temporarily saved some killer material. We will write a custom essay sample on A Thousand Suns by Linkin Park or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The problem is, without the explosive nu-metal of â€Å"Numb†or â€Å"Crawling†to carry them along, Linkin Park is just left with some monochromatic electronics that are less than exciting, compelling, or even remotely interesting. Another problem with this album is that unlike so many fantastic concept albums such as Radiohead’s OK Computer, the band stubbornly chooses to focus on the concept instead of the actual music, which even manages to bog down the stronger tracks on here such as â€Å"The Catalyst†and â€Å"When They Come For Me†. As you can imagine, this all gets pretty tiresome extremely quickly. Coldplay’s Mylo Xyloto may have been clumsy with its concept, but at least it gave us some infectious tunes that could easily be played over and over again, whether on the radio or on your private stereo. This, on the other hand, is just dull, boring, tedious, and not really worth your time. If you want some classic Linkin Park, check out Hybrid Theory or Meteora.
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