Essay on SlaveryEssay Writing Service

Essay on SlaveryEssay Writing Service Essay on Slavery Essay on SlaveryThe question of slavery has been under vivid discussion for many decades. The following research paper analyzes the following questions. What methods did slave owners use to maintain authority over their slaves and what arguments (legal, constitutional, economic, religious, etc.) did proslavery advocates use to defend the institution of slavery? The paper refers to the writings of a number of researchers who have made a significant contribution into analyzing the problem of slavery and all corresponding issues, including those speaking in favor of slavery as a historical phenomenon. The research paper analyzes the works of prominent investigators in the sphere of slavery providing detailed answers to the questions stated above.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Those speaking in favor of slavery claim that this institution has taken the best features of the social institutions in Greece, Rome or Medieval England. They proclaim slavery as an institution super ior to the existing lust of â€Å"free society† to capital, equality and different freedoms that modern society has finally acquired through the ages. The society of the North claims that although their own anti-slavery system has failed, they do not deny this fact and admit that they are ready to build a new social system that would be better than both slavery and abolitionism[1].  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In defense of slavery, Fitzhugh states that one of the ways by which slave masters encouraged their slaves and maintained their own authority among them was providing them with even better conditions than a contemporary employer offers to their workers. Thus, the slaves got the larger part of their labor’s results, while the slave masters got less[2]. This indicates a great difference between today’s free labor and former slavery, undoubtedly speaking in favor of the latter. Moreover, in contrast to contemporary â€Å"white slavery†, the black slave owners provided their slaves with a place to live, food, fuel and everything necessary for sustaining a life of a human being. These are some of the ways by which the slave masters encouraged their slaves and maintained a superior status among them. Fitzhugh argues that such system of labor is much better than the one modern society has nowadays, as in current times, laborers, though being free after the working day is over, are not free in the full meaning of this word as they have to care for their families and place of living[3].In many aspects, slave masters treated their slaves in a humane way. Thus, all of them permitted and even encouraged marriage as a way of making slaves happier and enlightening their lives. Nonetheless, before getting married a slave ought to receive permission from his or her master and the slave was not allowed getting married with other than another owner’s slave[4]. In addition, it needs to be mentioned that in case of the black slave getting sick, his or her owner would not permit the diseased to stay at home, but order him or her to be confined to the hospital[5]. This is one more reason to advocate for slavery. Nowadays, it often happens that employees getting sick are not provided with any medical treatment, but left to getting cured by their own means. This aspect should undoubtedly be taken into account when speaking about slavery of the past. Among other privileges of slaves were the permission to go to Church on Sundays and receiving certain rewards for the job performed. The latter relates to various holidays and other significant events.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In addition, in order to make their slaves come to work at the designated time, the slaves were permitted to have little time to rest after hard work[6]. In this way, the slave masters wanted to make their workers come to work timely and be prepared for the following day of hard labor. This was one of the ways the slave masters made their slave workers obedient to them. However, despite this fact, it cannot be said that slaves were treated badly as they had everything they needed for living and did not have to scrape for living like modern people often do. Consequently, at the times of slavery, the rates of hunger and poverty were significantly lower, than nowadays.In such a way, the black slaves had many privileges over the contemporary society living in the world of capitalism. One of the reasons to advocate for slavery is that unlike modern people, black slaves had all the comforts and necessities for leading a carefree daily life, even though they had to work hard. Nonetheless, with the ever increasing needs and wishes of contemporary society, it seems that having shelter, food and fuel would not be enough for modern people. That is why so many people consider the institution of slavery to be something frightening and tragic. The above stated facts on how slave owners treated their slaves shou ld persuade everyone that in reality, black slaves can be called some of the happiest men in the world, unlike contemporary laborers who often lead an inconsistent life.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Furthermore, one more point of view in defense of slavery implies that black slaves had decent conditions for living a consistent life as they were not involved in any kind of arts as this was the responsibility of the whites. Unlike the Greek or Roman slaves, black slaves in America were not merchants and were not involved in any capital related transactions that again were all carried out by the whites[7]. This is how those advocating for slavery prove their position. They also claim that except lack of liberty, slavery as an institution can not be accused of any faults. In fact, black slaves are likely to have had much happier lives than contemporary people who often lack property and are deprived of many comforts that have been available to the black slaves. This is wh ere mass hunger, poverty and other social tragedies of the modern world originate from.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Slavery can in many ways be perceived as a â€Å"positive good†[8]. J.H. Hammond proclaims slavery to be â€Å"the greatest of all the great blessings† admitting that without it, the rich and fertile soils of America would be given to US citizens in vain[9]. It was thanks to the black slavery that America has turned into such a powerful state in terms of agriculture and many other spheres of human life. He further states that there is not a happier and more satisfied class of people than slaves, as the slave owners provided their slaves with all the conditions necessary for living a fully decent life[10]. In such a way, slavery has many reasons to be defended by abolitionists who still continue to advocate for slavery and fight for turning back the labor system of the past.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In conclusion, it shou ld be said that the way slave masters treated their slaves was in many regards humane. Having analyzed the writings of many researchers, it becomes clear that the abolitionist movement is something that should be given the right to exist. Despite many discussions of those who are against slavery, such social institution was in many regards a â€Å"positive good†. Although slave masters often used different kinds of punishments and sometimes treated their slaves in a non-humane way, still they used a number of humanistic methods of making slaves obedient to them.The major point here is that unlike employees of modern days, slaves have been provided with all the comforts and commodities they needed for leading a carefree daily life. Thus, it can be said that the capitalist world of today deprives common people of many privileges available to the workers of the times of slavery. This point of view has been researched in detail by a number of investigators who provide much eviden ce in support of slavery. The above research observed a number of viewpoints of various researchers on the matter of slavery. It has given details as for the treatment of slaves by their masters and answered the question of what evidence those in favor of slavery provide in support of their viewpoint. Despite all the above-mentioned data, the question of slavery still remains under vivid discussion and needs to be further researched.[1] George Fitzhugh, Cannibals All! Or Slaves Without Masters (Richmond, Va: A. Morris, 1857), 9.[2] George Fitzhugh, Cannibals All! Or Slaves Without Masters (Richmond, Va: A. Morris, 1857), 15.[3] George Fitzhugh, Cannibals All! Or Slaves Without Masters (Richmond, Va: A. Morris, 1857), 15.[4] Wilentz, Sean, and Jonathan Earle, Major Problems in Early Republic, 1787-1848 (Houghton Mifflin, 1991), 216.[5] Wilentz, Sean, and Jonathan Earle, Major Problems in Early Republic, 1787-1848 (Houghton Mifflin, 1991), 215.[6] Thomas Jefferson, Notes on the State of Virginia (The University of Chicago Press, 1784), 265.[7] George Fitzhugh, Cannibals All! Or Slaves Without Masters (Richmond, Va: A. Morris, 1857), 22.[8] Wilentz, Sean, and Jonathan Earle, Major Problems in Early Republic, 1787-1848 (Houghton Mifflin, 1991), 387.[9] Wilentz, Sean, and Jonathan Earle, Major Problems in Early Republic, 1787-1848 (Houghton Mifflin, 1991), 405.[10] Wilentz, Sean, and Jonathan Earle, Major Problems in Early Republic, 1787-1848 (Houghton Mifflin, 1991), 404.

10 Fascinating Praying Mantis Facts

10 Fascinating Praying Mantis Facts The word mantis comes from the Greek mantikos, for soothsayer or prophet. Indeed, these insects do seem spiritual, especially when their forelegs are clasped together as if theyre in prayer. Learn more about these mysterious insects with these 10 fascinating facts about praying mantids. 1. Most Praying Mantids Live in the Tropics Of approximately 2,000 species of mantids described to date, almost all are tropical creatures. Just 18 native species are known from the entire North American continent. About 80% of all members of the order Mantodea belong to a single family, the Mantidae. 2. The Mantids We See Most Often in the U.S. Are Exotic Species Youre more likely to find an introduced mantid species than you are to find a native praying mantis. The Chinese mantis (Tenodera aridifolia) was introduced near Philadelphia, PA about 80 years ago. This large mantid can measure up to 100 mm in length.  The European mantid, Mantis religiosa, is pale green and about half the size of the Chinese mantid. European mantids were introduced near Rochester, NY nearly a century ago. Both the Chinese and European mantids are common in the northeastern U.S. today. 3. Mantids Can Turn Their Heads a Full 180 Degrees Try to sneak up on a praying mantis, and you may be startled when it looks over its shoulder at you. No other insect can do so. Praying mantids have a flexible joint between the head and prothorax that enables them to swivel their heads. This ability, along with their rather humanoid faces and long, grasping forelegs, endears them to even the most entomophobic people among us. 4. Mantids Are Closely Related to Cockroaches and Termites These three seemingly different insects – mantids, termites, and cockroaches – are believed to descend from a common ancestor. In fact, some entomologists group these insects in a superorder (Dictyoptera), due to their close evolutionary relationships. 5. Praying Mantids Overwinter as Eggs in Temperate Regions The female praying mantis deposits her eggs on a twig or stem in the fall ​and then protects them with a Styrofoam-like substance she secretes from her body. This forms a protective egg case, or ootheca, in which her offspring will develop over the winter. Mantid egg cases are easy to spot in the winter when leaves have fallen from shrubs and trees. But be forewarned! If you bring an overwintering ootheca into your warm home, you may find your house teeming with tiny mantids. 6. Female Mantids Sometimes Eat Their Mates Yes, its true, female praying mantids do cannibalize their sex partners. In some instances, shell even behead the poor chap before theyve consummated their relationship. As it turns out, a male mantid is an even better lover when his brain, which controls inhibition, is detached from his abdominal ganglion, which controls the actual act of copulation. But most instances of sexual suicide in mantids occur in the confines of a laboratory setting. In the wild, scientists believe the male partner gets munched on less than 30% of the time. 7. Mantids Use Specialized Front Legs to Capture Prey The praying mantis is so named because when waiting for prey, it holds its front legs in an upright position as if they are folded in prayer. Dont be fooled by its angelic pose, however, because the mantid is a deadly predator. If a bee or fly happens to land within its reach, the praying mantis will extend its arms with lightning quick speed, and grab the hapless insect. Sharp spines line the mantids raptorial forelegs, enabling it to grasp the prey tightly as it eats. Some larger mantids catch and eat lizards, frogs, and even birds. Who says bugs are at the bottom of the food chain?! The praying mantis would better be called the preying mantis. 8. Mantids Are Relatively Young Compared to Other Ancient Insects The earliest fossil mantids date from the Cretaceous Period and are between 146-66 million years old. These primitive mantid specimens lack certain traits found in the mantids that live today. They dont have the elongate pronotum, or extended neck, of modern-day mantids and they lack spines on their forelegs. 9. Praying Mantids Are Not Necessarily Beneficial Insects Praying mantids can and will consume lots of other invertebrates in your garden, so theyre often considered beneficial predators. Its important to note, however, that mantids dont discriminate between good bugs and bad bugs when looking for meals. A praying mantis is just as likely to eat a native bee thats pollinating your plants as it is to eat a caterpillar pest. Garden supply companies often sell the egg cases of Chinese mantids, touting them as a biological control for your garden, but these predators may do as much harm as good in the end. 10. Mantids Have Two Eyes, but Only One Ear A praying mantis has two large, compound eyes that work together to help it decipher visual cues. But strangely, the praying mantis has just a single ear, located on the underside of its belly, just forward of its hind legs. This means the mantid cannot discriminate the direction of a sound, nor its frequency. What it can do is detect ultrasound, or sound produced by echolocating bats. Studies have shown that praying mantids are quite good at evading bats. A mantis in flight will essentially stop, drop, and roll in midair, dive bombing away from the hungry predator. Not all mantids have an ear, and those that dont are typically flightless, so they dont have to flee flying predators like bats.

Quality Tools in Decision Making Research Paper Example | Topics and Well Written Essays - 750 words - 1

Quality Tools in Decision Making - Research Paper Example They exhibit the discrepancy of the production of a process with time, such as the width, temperature and length measurements. If they are fitting, then the process is believed to be in control, and the discrepancy between measurements, is measured standard random variation, which is inherent in the process. Nonetheless, when the variation is exterior of the limits, or it contains a dash or synthetic points, the process is measured to be past control. A control chart comprises of two graphs, upper and lower. These charts evaluate this difference against superior and lower limits to ascertain if it fits within the estimated, precise, predictable and standard variation phases. The assigned causes are correlated with variation because it is chief to statistical process control charts. The scope of variation in the method displays whether a process is working or performing as expected. When there is existence, which is large between the points identified, for the process to be exterior o f control, the variance can be resolved, to be because of synthetic or assignable causes (Cox, 2005). Strengths One of the integral strength of the control charts is that the process itself verifies the control perimeters. It is the process itself, which indicates what can and cannot be anticipated. In addition, these control boundaries are calculated automatically from the data acquired through the process, and they do not require to be calculated by hand (Cox, 2005). Additionally, the control charts indicates the abilities of a method that is in control. The outcomes of such a procedure can be correctly envisaged; thus, a person can clearly know what to anticipate from the process applied. In other cases, an organization’s needs, objectives and requirements are outside what the procedure is essentially proficient of producing. In this case, either the specifications should be altered to bout the abilities of the process or the process should be modified to result in the spe cifications within the limits of control (Latzko, 2006). Moreover, control charts assist in achieving and maintaining the stability of a process. The control charts enable a person to monitor the behavior of a person’s process in business and determine whether it is stable. Process stability involves a state whereby a process displays a certain degree of consistency in the past and is anticipated to progress doing the same in the future. Therefore, a control limit is critical in indicating limits of variation that it represents, which should be expected from a process in a situation of statistical control (Vallabhaneni, 2008). Weaknesses Sometimes control limits in a control chart are easily confused with specifications limits, which are representatives of the desired procedure performance. Furthermore, control charts are hectic and at times complicated to use, when data produced is not normally distributed, and, hence results in not producing a bell-curve form; thus making t he process an outside control, plus not being predictable. Therefore, in such a situation, ways must be searched for ensure that the process is guided into control. This may involve, for instance gathering data that are broad, which requires applying measurements, which result from various work shifts, which also contain varied process outcomes. This results into being cumbersome and complicated (Pham, 2006).

Ethical Healthcare Issues Paper Essay Example | Topics and Well Written Essays - 1000 words

Ethical Healthcare Issues Paper - Essay Example These factors always yield ethical issues that question the ethical nature of the allocation method (Reiser, 2006). For instance, people are allocated organs just because they are wealthy and can pay for them. A medically needy person living far away from the donor may fail to receive the organ, which is given to a less needy person near the donor. Such ethical concerns clearly posit that there lacks an ethical approach for allocating transplant as some people are unfairly treated during the allocation process. In this regard, this paper evaluates the transplant allocation process using the four major ethical principles, including the principle of non- maleficence, justice, autonomy and beneficence. This determines the possibility of a more ethical way to allocate transplants. Autonomy The autonomy principle is highly employed in the healthcare sector. However, when it comes to determining the criteria for the transplant allocation process, it has minimal use. In fact, Reiser (2006) highlights that to be fair and effective, the allocation process should not be guided by the autonomy principle. Autonomy means deliberate self-determination or self-rule. The autonomy principle allows a person to make the decisions that one perceives to be morally right without third party interference. Although it is the basis of individual moral values, the principle cannot be employed in the allocation process. This is because in some cases, those allocating transplants may develop sympathy-driven emotional bonds with transplant recipients, such as those who have waited for long and the very young persons, including babies. If the principle of autonomy is applied by those allocating the organs, they are likely to act based on emotional pressure. Essentially, the allocators are more likely to allocate organs based on emotional bonds development rather than on any specific criteria or fairness. Hence, fairness or justice overrules autonomy in the allocation process to limit ethica l issues in the allocation process. Beneficence Beneficence directs that the allocators do not harm, promote the recipients welfare and do good. Nevertheless, how is this possible in allocating transplants, which are scarce resource?. Ideally, as Jensen (2011) indicates, it is difficult to avoid doing harm, doing good and promoting the welfare of the recipients when allocating transplants. Notably, allocating a kidney to a child based on age or other factors over an older woman who has stayed long in the waiting list or any other factor involves doing good to one patient and harming the other. It may be argued that focusing on the medically needy is doing good, avoiding harm and promoting the welfare of the recipients. However, other factors, such as the probability of success and being on the waiting list for too long still show that the allocation process may not avoid doing harm or promote recipients welfare. Ideally, it may become evident that a needy person with low or almost z ero success chances has been allocated a transplant over a less needy person who with high success rates. In this case, when the transplant fails, it will do no good. In fact, it may cause harm because the ‘less needy’ person may suffer unnecessarily because the transplant could have been successful on him or her. Categorically, although it is crucial to uphold the principle of beneficence in healthcare, it cannot help formulate an allocation process

OLD GRINGO :: essays research papers

the editor of the Journal mentioned above, Dr. Earl H. Elam, made a systematic search of records in the Presidio County courthouse and found no trace of anyone with a name resembling Bierce having died there during that period. Importantly, Elam also spent a lengthy period in the military records at the National Archives in Washington, D. C. during 1989. While there he located and recovered reams of documentation concerning military activities on both sides of the Big Bend of the Rio Grande border during the Mexican revolution, but he found no trace of Ambrose Bierce having died at Marfa, or anywhere else for that matter. Nevertheless, Bierce probably did see Marfa, Texas, one time. It was from a train coach window as he passed through on his way to El Paso during November. Certainly, he never returned. The most rational explanation for the disappearance of Bierce is that he came north with Villa, arrived near Ojinaga on January 9, and was either slain during the battle on January 10 or that he died of natural causes sometime during that entire time frame. There is even a small piece of information that tends to prove this proposition: after the revolution several groups of investigators went into Mexico looking for Bierce. One method they used in their research was to interview former villistas who were known to have been at Chihuahua and then at Ojinaga during the same time that Bierce was believed to have been there. One officer, a man reportedly named Ybarra, when shown a photograph of Bierce, said that he had indeed seen him at Ojinaga but that after the assault on the federal garrison (which assault we do not know) he never saw him again. So, it is most reasonable to conclude that Ambrose Bierce died at Ojinaga. Many of the dead at Ojinaga were buried in trench graves. Many others however, were interlaced with dry wood, mostly vigas and wooden planks that had been taken from the wrecked structures in Ojinaga, then doused with kerosene and set afire on the plaza de armas in front of the Nuestra Padre de Jesà ºs church. So, was Bierce’s body burned to ashes, or was he buried in an unmarked grave? It is doubtful that anyone will ever know. Doubtful I said, not certain. For tantalizing clues are occasionally brought to light. There is, for example, that piece of information concerning the execution of an old American journalist by huertista soldiers in an old mining village of northern Zacatecas.

Effect of Early Relationship Intro : Term Paper Essay

As of 2013 teenagers became more interested in getting involved in entering early romantic relationships and as time passes romantic relationships played an important role in the life of an adolescent. According to Mathew E. Kopfler â€Å"Dating is shown to affect students both favourably and adversely, but the present seems to be affected by a person’s future plans†. He also pointed out that â€Å"Entering romantic relationships amongst the youth can affect their educational values, goals and attitudes†. Many more researches backed up the theory of Mr. Kopfler but some also say that there are more negative effects than the positive ones. By the groups experience in the school many of us tend to hear some comments like â€Å"my grades went down because my time and all my effort was given to the one I love† or â€Å"my grades are high because I’m single† many teenagers today blames romantic relationship for their failures when it comes to academic grades. And this is why our group wanted to expand and create a research paper on the positive effects of romantic relationship amongst the students of Saint Louis School Center. We want to prove that entering romantic relationships in high school can be advantageous. We also wanted to make a research on romantic relationships to expand the knowledge and point of views of people in accordance with the effect it has on students whether it is on their academic performance or their attitude and interaction towards other people. Therefore to prove our research we provided 50 copies of questionnaires to be answered by two students (one girl and one boy) per section from 7th grade to 4th years. On the date February 6, 2013 Lunch break we started to float our questionnaires starting from the 3rd year level then going down to the 2nd and 1st year level and ending with the 4th year level. After collecting all the floated questionnaires we started to gather data using books, magazines and newspapers from the library. At home we used the internet to gather data from other researches that was created in the past that would help us come up with our conclusion. We are therefore conducting this research to prove that romantic relationship brings positive effects on the academic performance of a student instead for being the cause for the failing grades of students. Also in this research we are aiming to state main reasons why students enter romantic relationships at an early age and how it affects their adolescence. Our research is only limited within the facilities of Saint Louis School Center and the results provided from the questionnaires are based on the attitudes and opinions of the students in SLSC from 7th grade to 4th year level.

How Far Was Speculation Responsible for the Wall Street...

How far was speculation responsible for the Wall Street Crash? Speculation was one of the main factors for the Wall Street Crash. There were other reasons for the Wall Street Crash but everything is connected. The Wall Street simply over-heated; between 1924-29 the value of shares rose 5 times. The Wall Street Crash was a horrible consequence for the Americans. People that lived in America thought they were doing so well because of the roaring twenties. People could afford almost everything they wanted, they could go out and spend money and buy many consumer goods. As the Wall Street Crash came people’s lives changed a lot and they couldn’t afford to do anything. Speculation was a trend in the late 1920s. Many people became†¦show more content†¦For example an industry was making a vast amount of refrigerators, families in America bought refrigerators but after they bought one they didn’t buy anymore because they didn’t need it. As there were such vast amounts of consumer goods there was no one left to buy t hem. As there was no one that could buy these consumer goods the prices fell. America wasn’t exporting its goods and wasn’t importing any. There were ‘protective tariffs’ and these tariffs lead to not having any export or import. America was becoming isolated because America only wanted the goods that were made in the country to be sold. Another important factor was that banks made a decision not to support share prices. Banks themselves were involved in speculation and they did nothing to hold it back. American banks had lent $ 9 billion for speculating in 1929. Everyone was buying shares and selling them when the prices had gone down. Not only rich people but poor people as well. There were too many shares on the market and no one could buy them. The main problem was that there were so many shares on the market and there wasn’t enough demand for them. There was corruption between the banks and the brokers what this basically meant was that some greedy people were making money of innocent people and they were another factor for the Wall Street Crash. One thing that was very vital was confidence. People needed to trust banks and if there was confidence the prices will keep on rising andShow MoreRelated Black Thursday Stock Market Crash1342 Words   |  6 PagesIn early 1928 the Dow Jones Average went from a low of 191 to a high of 300 in December of 1928 and peaked at 381 in September of 1929. 1929Â…) It was anticipated that the increases in earnings and dividends would continue. (1929Â…) Price to earnings ratios rose from 10 to 12 to 20 and higher for the markets favorite stocks. (1929Â…) Observers believed that stock market prices in the first 6 months of 1929 were high, while others saw them to be cheap. (1929Â…) On October 3rd, the Dow Jones AverageRead More1929 Stock Market Crash1413 Words   |  6 PagesThe 1929 Stock Market Crash In early 1928 the Dow Jones Average went from a low of 191 early in the year, to a high of 300 in December of 1928 and peaked at 381 in September of 1929. (1929Â…) It was anticipated that the increases in earnings and dividends would continue. (1929Â…) The price to earnings ratings rose from 10 to 12 to 20 and higher for the market s favorite stocks. (1929Â…) Observers believed that stock market prices in the first 6 months of 1929 were high, while others saw them toRead More Wall Street Crash of October 1929 Essay3603 Words   |  15 PagesWall Street Crash of October 1929 The roaring twenties saw a great deal of prosperity in the United States economy. Everything seemed to be going well as stock prices continued to rise at incredible rates and everyone in the market was becoming rich. Two new industries: the automotive industry, and the radio industry were the driving forces of this economic boom. These industries were helping to create a new type of market that no one had ever seen in history. With the market continuouslyRead MoreLife And Career Of Jordan Belfort2026 Words   |  9 Pagesinvestigations with other brokerage firms. In the film they do focus a lot on the legality of the operations, but they mostly focus on Belfort’s character, which has no lack of ethical shortcomings. We will focus more on how he operates as a person, and analyze his ethical behavior and how it is significant when it is applied to the business that he operates because his brokerage firm often reflects his personal habits and life. 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The greater the payout to retiring and withdrawing customer, the more revenue or clients he would need to start and â€Å"investment relationship† with Madoff. The Ponzi scheme was named after Charles Ponzi who in the early 20th Century, saw a way to profit from internationalRead MoreThe Theoretical Framework Of The Study And Is Divided Into Four Main Sections10335 Words   |  42 Pagesmacroeconomic backdrop was very important as years of low inflation and stable growth nurtured risk-taking. Some research suggests that European banks should take blame as they borrowed greedily in American money markets pre-crisis and used the funds to buy dodgy securities. All these factors together played a major role in the unravelling of the recent financial crisis (Economist, 2013). Many professionals collectively agree that the root cause of the financial crisis was the asset price bubbleRead MoreDodd-Frank Research Paper8381 Words   |  34 Pages†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 3 Who Are the Agencies Responsible for Implementing Dodd-Frank? †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 5 What is Dodd-Frank and Who Does it Affect? †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 9 What is Wrong with Dodd-Frank? †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 14 Dodd-Frank and Politics – To Reform or Not To Reform †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 16 Getting the Job Done: Observations and Recommendations †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦. 22 The Great Recession of 2008 and the Dawn of Dodd-Frank President Barack Obama signed the Dodd–Frank Wall Street Reform and Consumer Protection ActRead MoreWhy Higher Education Should Be Free2404 Words   |  10 PagesHigher education has played an important role in the establishment of the United States as a nation with some of the first universities being established before the U.S. had even become a recognized independent nation. Attending college or university was primarily for the wealthy upper class until the mid-20th century (NCES 64). After the conclusion of World War II the US government introduced the G.I. bill, opening the doors of higher education to men returning from war. Prior to the GI bill collegeRead MoreThe Causes and Consequences of the Financial Crisis of 20082496 Words   |  10 Pages 1. Deregulation policy 4 2. Securitization of mortgages 4 HOW IT HAPPENED? 6 1. The subprime crisis 6 2. The financial crisis 6 WHAT ARE THE CONSEQUENCES? 7 1. In the financial sector 7 2. In the United States 8 3. Abroad 8 WHAT IS HAPPENING NOW? 8 1. Some things are changing 8 2. But others remain the same 8 CONCLUSION 9 INTRODUCTION This dossier is about a story, the story of how and why the financial industry collapsed in 2007/2008. It is not about