The Financial Crisis Of 2008 - 1384 Words

The turmoil in the financial markets also known as the financial crisis of 2008 was considered the worst financial crisis since the Great Depression. Many areas of the United States suffered. The housing market plummeted and as a result of that, many evictions occurred, as well as foreclosures and unemployment. Leading up to the financial crash, most of the money that was made by investors was based on people speculating on investments like real estate, stocks, debt buying, and complex investment tools instead of actual tangible products that people purchased or needed. There are a number of dangers that arise when investors make large sums of money that are not tied to the actual value of a product and investors should not be able to make substantial profits off of the misfortune and poor choices of others. Those practices are very unethical and there should have been an increase in government intervention after the financial crash of 2008. The financial crash of 2008 was result of deregulation and male dominance in the financial services industry. When investors make large sums of money on investments that are not tied to the actual value of a tangible product a number of dangers can arise. During the financial crisis of 2008, investors were making money off of home owners who paid their mortgages. Because of leverage, the investors made more money than they should have because after multiple homes were foreclosed the home-owners that continued to pay their mortgageShow MoreRelatedThe Financial Crisis Of 20081747 Words   |  7 PagesThe economic crisis of 2008 was one for the ages, it changed the world of investing forever. That year, the stock market crashed, bank failures and the infamous wall street bailout that can all be traced back to the subprime mortgage crisis.. The 2008 economic crisis rocked the global economy for the worst, and to this day the United States is trying to recover from the impact that the crisis had. In order to understand why exactly the banks failed people have to understand the subprime mortgageRead MoreThe Financial Crisis Of 20081817 Words   |  8 PagesThe financial crisis of 2008 did not arise by chance. The meltdown was precipitated by systematic striping away of the New Deal era policies of bank regulation. Most notable of these deregulatory acts was that of the Gramm-Leach-Bliley Act of 1999. This bill repealed the legislation which held commercial banks and investment banks separate. As the beginning of the 21 century approached many bankers clamored for an end to the policy of the â€Å"firewall† between Investment and commercial banks. Gramm-Leach-BlileyRead MoreFinancial Crisis 20085972 Words   |  24 PagesCORPORATE FINANCE THE GLOBAL FINANCIAL CRISIS 2008 Group’s member:Nguyá »â€¦n NhÆ ° Nam (C)Phan Thu AnNguyá »â€¦n Thà ¹y DungHoà  ng Bà ¡ SÆ ¡nNgà ´ Thá »â€¹ à nh Tuyá º ¿tDate: 28/11/2014 | AbstractIn 2008 the world was fell into the worst financial crisis since the Great Depression of 1929-1933. Although this crisis has gone, however, its consequences for the economy of many countries is very serious, even now many nations are still struggling to escape difficulty. Just in a short period, the crisis originating from AmericaRead MoreThe Financial Crisis Of 2008 Essay2044 Words   |  9 PagesThe 2008 financial meltdown resulted in the most treacherous investment landscape observed since the great depression. The most notorious issue was the subprime mortgage crisis, which had a ripple effect felt through every market in the world. The banks, whose leverage rate should never have been higher than two times capitalization, surged as high as thirty to forty times market cap. With this level of exposure, any unforeseen market fluctuations could mean disaster. Lehman Brothers, the oldestRead MoreThe Financial Crisis Of 20081125 Words   |  5 PagesA mortgage meltdown and financial crisis of unbelievable magnitude was brewing and very few people, including politicians, the media, and the poor unsuspecting mortgage borrowers anticipated the ramifications that were about to occur. The financial crisis of 2008 was the worst financial crisis since the Great Depression; ultimately coalescing into the largest bankruptcies in world history--approximately 30 million people lost their jobs, trillions of dollars in wealth diminished, and millions ofRead MoreThe Financial Crisis Of 20081689 Words   |  7 PagesOur society seems to doing well since the financial crisis of 2008. The country is recovering from the Great Recession, unemployment is down and the global domestic product is up. People have jobs and are paying taxes. President Obama lowered our budget deficit and promised to make healthcare more available to all. On average, America is well on its way to recovery. But what about the people that slipped through the cracks of the financial stimulus pl an? These are the people that lost their jobsRead MoreThe Financial Crisis Of 2008 Essay2553 Words   |  11 PagesWhen you think of the 2008 financial crisis that affected not just the US economy, but the world as a whole, most average middle-class Americans won’t really know what triggered this economic disaster. Most will probably blame, and rightfully so, those large corporations on Wall Street. These corporations, which deal with insanely large amounts of money, will always be wary of their stocks decreasing. But they also know that 99% of the time, everything will go back to normal in the future. What theyRead MoreThe Financial Crisis Of 20082083 Words   |  9 PagesEver since the economic virus called â€Å"negative interest rates† scattered over European and later Japanese banks, our economic system has been the most unstable since the financial crisis of 2008. The virus, negative interest rates, is a concept in which the central bank charges interest in bor rowing money and holding an account. It was brought forth in efforts to increase economic growth by giving commercial banks a tax on the large amount of reserves they hold in the bank. In other words, commercialRead MoreFinancial Crisis of 20081794 Words   |  8 PagesThe Financial Crisis of 2008 was the worst financial crisis since the Great Depression, however a lot of American’s want tougher law of be enforced against executives and companies they think started the mess (Jost/Misconduct). Civil charges have been brought up against major banks for misleading investors, but a federal judge rejected a proposed settlement saying it was too lenient (Jost/Misconduct). The flood of subprime mortgages roiling the housing market in the U.S. is also causing the worldwideRead MoreThe Financial Crisis Of 20081946 Words   |  8 PagesThe world before the financial crisis of 2008 had stability. Iceland in 2000 was viewed as the perfect place to live and have your family grow. Icelan d had clean energy, high standard of living, jobs, and low government debt. Iceland was a place were children played and parents laughed and enjoyed their life. Everyone lived well; Iceland was the role model of finance, until it all melted away. Iceland let giant corporations come into its territory and exploit its geothermal and hydroelectric resources

Tell-Tale Heart and Mental Disorders - 1011 Words

Tell-Tale Heart is a short story by Edgar Allen Poe. The entire story is a confession of a brutal murder with no rational motive. The narrator repeatedly tries to convince the audience he hasn’t gone mad though his actions prove otherwise. To him his nervousness sharpens his senses and allows him to hear things from heaven Earth and hell. The narrator planned to kill his roommate whom had never wronged him and had loved dearly because he felt his pale blue eye was tormenting him. The narrator claims â€Å"his eye resembles that of a vulture.† The madman then goes on to explain how when the eye is on him his blood turns cold, and he has to get rid of the eye forever. He sneaks into his roommate’s room for seven nights at midnights and shines a†¦show more content†¦He can’t take anymore so he jumps up and screams his confession. It is believed that the narrator has a mental disorder. It is not normal for his roommate’s eye to have so much con trol over him. â€Å"It becomes clear to the reader that this madman cannot judge reality from fantasy† (associated content). The definition of mental illness according to Houghton Mifflin is: any of various psychiatric conditions, usually characterized by impairment of an individual’s normal cognitive, emotional, or behavioral functioning, and caused by psychological or psychosocial factors. Also called mental disease, mental disorder. Basically it’s a disability in a person that causes then to behave in a not so normal way. I believe that the narrator in the story suffers from schizophrenia. Symptoms of schizophrenia are hallucinations, delusions, talking nonsense and aggressive behavior. The madman shows all these symptoms with his false perception, false beliefs, talk of the eye and violence against the old man. Yes everyone has evil thoughts sometimes but if your mental state is intact, you should be able to control those urges. â€Å"Human nature is a bal ance of light and dark good and evil, most of the time this balance is maintained. In those of us not mentally stable the dark side will always emerge†. Some critics argue that Tell-Tale Heart is merely a â€Å"tale of conscienceâ€Å"(enotes). The narrator heard the heart beat so loud because he was aware of what he had done. After heShow MoreRelatedThe Tell Tall Heart Analysis1504 Words   |  7 PagesThe tell tall heart Has a vulture eye cause mental disorder on someone? First off, The tell-tale heart by Edgar Allen Poe explains about a murder an unmade narrator committed and convince all readers about his sanity. The unnamed narrator start off by explaining the story that he’s is nervous but not mad. Next, the author uses plot, theme to create the story with anxiety by saying he want to kill the old man. The narrator wants to kill the old man because he can’t stand to see his ugly evil eye ofRead MoreEdgar Allan Poe Research Paper1375 Words   |  6 Pagesthoughts and deeds in detailed graphic account? Most of Poe’s short stories revolve around death, gloom and the mental state of his main character/characters. More often than not, the main character of his stories is thought to have a certain degree of insanity. The â€Å"Tell- Tale Heart† does not disappoint. The story follows the formula that Edgar Allan Poe perfected: death, gloom, and mental instability. Some belie ve it is the narrator’s insanity that causes him to dismember the old man into severalRead MoreTheme Of Grotesque In The Tell Tale Heart987 Words   |  4 Pages With such a copious amount of connections it is not difficult to imagine that some if not most Gothic characters act as though they are mad. In â€Å"The Tell-Tale Heart† by Edgar Allan Poe Gothic elements are used to convey the madness of the narrator to the reader. The grotesque and an unreliable narrator appear which shows that â€Å"The Tell-Tale Heart† can be considered within the Gothic genre. First of all, the narrators use of grotesque descriptions shows how truly mad he is. His infatuation withRead MoreThe Tell Tale Heart By Edgar Allen Poe993 Words   |  4 PagesIn â€Å"The Tell-Tale Heart† by Edgar Allen Poe, it is classified as a short story with horror fiction as the genre. This was written in three different types of fear during the Romanticism period. In this short story the encounter is filtered through the eyes of the unnamed dynamic narrator. The narrator consumes upon the old man’s eye and determines to perform a conscious act of murder. Fear is defined as a horrid feeling that is caused by a belief that a person or something is unsafe, most likelyRead MoreThe Yellow Wallpaper and the Tell Tale Heart Analysis1189 Words   |  5 PagesConnors English 102-15 March 12, 2011 Narrative Unreliability and Symbolisms in â€Å"The Tell -Tale Heart† and â€Å"The Yellow Wallpaper† â€Å"The Tell -Tale Heart† by Edgar Allan Poe, was released in 1843. It is one of Poe’s shortest stories and provides a look into paranoia and mental deterioration. â€Å"The Yellow Wallpaper† by Charlotte Perkins Gilman, was released in 1899. This story also provides a look into mental deterioration and had been misinterpreted when it was first published. The Poe and GilmanRead MoreThe Tell Tale Heart By Edgar Allan Poe1630 Words   |  7 PagesThe Tell-Tale Heart is a short story by Edgar Allan Poe. It is told by anonymous narrator who endeavors to convince the reader of his sanity, while describing a murder he committed. The victim was an old man with a filmy vulture-eye (cataract eye), as the narrator calls it. The murder is carefully calculated, and the murderer dismembers the body and hides it under the floorboards. Ultimately the narrator s guilt manifests itself in the form of the sound ( hallucinatory) of the old man sRead MoreThe Tell Tale Heart A nd The Yellow Wallpaper Essay1619 Words   |  7 Pagesâ€Å"The Tell-Tale Heart† and â€Å"The Yellow Wallpaper† each depict a personal viewpoint of mentally ill characters, who both differ and are alike in various aspects of â€Å"madness.† Edgar Allan Poe’s character denies a presence of madness entirely, yet blames a physical ailment instead. As deeply disturbed as the character seems because of the eye, he abruptly decides to eradicate what he believes is the primary issue rather than considering attempting to heal his own â€Å"disease.† Charlotte Gilman’s story differsRead MoreA Tell Tale Heart By Edgar Allan Poe1156 Words   |  5 PagesIn Class we have focused on many short stories, while analyzing each story we used the mental disorder sheet to sum up what disorder the characters from each story could possibly be suffering from. We can come to the conclusion that all of the stories we read in class contain some level of madness. For example in the short stories â€Å"The Yellow Wallpaper† by Charlotte Perkins Gilman â€Å"The Tell-Tale Heart† by Edgar Allan Poe, both of the main character in these stories believe that they are perfectlyRead MoreThe Shining, By Stephen King And Directed By Stanley Kubrick1299 Words   |  6 Pages(WebMD), can’t tell what is fake from reality, and typically the people who have this disorder aren’t even aware of their behavior. Delusional disorder goes more into the reality vs imaginary concept. People with delusional disorder have a â€Å"misinterpretation of perceptions or experiences† (WebMD), which makes their experiences be either super exaggerated or not true. People with delusional disorder are known to function normally and socialize normally, in fact most people can’t even tell if someone hasRead MoreComparison of Edgar Allan Poes The Imp of the Perverse and The Tell-Tale Heart770 Words   |  3 Pagescharacter who murders an innocent person without motive and eventually cracks under pressure before the police, ultimately turning himself in for the crimes he committed. Two such stories that follow this theme are The Imp of the Perverse and The Tell-Tale Heart. The Imp of the Perverse begins unlike many of Poes other short stories; it appears to be a serious essay about phrenology, a science that sought to determine the relationship between character and skull morphology. However, the short story

Pupil Free Essays

Concert Music Is one of the most Important art expressions, lots of feelings and values can be expressed, and of course lots of stories can be told too. I like many music styles, from classical music to rock and even folk music. One of my favorite musicians is Sting, he is a great singer, bass/doubles player, a great song writer and an actor too. We will write a custom essay sample on Pupil or any similar topic only for you Order Now His style is a mixture of many styles, such as pop, Jazz, blues, soul, reggae and much more. One of my favorite songs Is â€Å"Shape of my heart†, Sting Is a brilliant and clever clausal, a great song writer and one hell of a performer. I love the mood, emotion and passion of Sting’s music, and there are so many songs you can really connect to. With incredible musicianship, Sting combines rock, jazz and blues like nobody else, and his distinctive, powerful voice never disappoints. My favorite album is the Nothing Like the Sun Sting was born on October 2, 1951 in Newcastle-upon-Tone, a large industrial city in Northumberland. His real name Is Gordon Mathematics Samara. HIS mother had a miscalculation. She taught her son to the wonderful world of music by teaching IM to play the pianoforte his childhood. An American drummer Stewart Copeland noticed him,and persuaded him to do rock. He got the nickname â€Å"Sting† because he loved to wear black sweaters in a gold stripe, which made him look like a bumblebee. In 1981, Sting left the group,and in 1985 he released his first solo album â€Å"The Dreamed The Blue Turtles†. The most popular songs 0 Russians 0 Roseanne C] Englishman In New-York CLC All For Love 0 When We Dance 0 Brand New Day CLC I’ll Be Missing You Shape Of My Heart Favorite My favorite song Is â€Å"Englishman In New York†. Sting wrote this song about himself, about his life in the USA. Some lines from it don’t drink coffee I take tea, my dear,l like my toast done on the sideband you can hear it in my accent when I talk an Englishman in New York Today, I listen to a lot of folk songs with my child who Is three years old. My son Is very fond of folk songs, especially Sultan Kodiak and Bell Bartok songs and choral works. When I was 7 years old, I went to the Sultan Kodiak elementary school, so I know a lot of folk songs. My son’s favorite Hey Varying © If you have time, I often listen to the radio, I like almost all genres. I like any kind of music and I have already been to deferent concerts with my friends The members of hooligans known each other since childhood and had even played together. In 1996, the band was founded Hooligans, The band consists of four members There are plenty of awards and recognition received in recent years. In the future, I will want to go to a concert hooligans. My husband and my child loves this band. We listen this music in the car when we travel somewhere. How to cite Pupil, Papers

The Great Debate 3 big questions Essay Example For Students

The Great Debate 3 big questions Essay Philosophy Book: Chapter 1 Old guys, old rules, old news, right? Wrong. Philosophy is an important subject, because it helps us understand three big questions; why are we here, what do we do, and how do we treat each other. These are important questions to answer because without them we may end up in a situation much like the Taliban is in right now. Complete chaos created from confusion about those three big questions. These questions are left in a general sense because there are many different ways to look at them. After all we have many different people with many different ideas and so to come to a more concise understanding of such important topics we need everyones viewpoint. This is the purpose of something philosophers call The great conversation. For example: Think back to the attack on the US of September 11th. These attacks were caused for a variety of reasons, one of which being that the Taliban believed they had the answer as to the correct way to run a society. Therefore The Great Conversation was stopped. After all if I am the Taliban and I believe I have the answer as to how to run a society because I feel I have answered the three big questions, then why keep discussing? Why include anyone elses opinions and beliefs? Because if you dont then things could become violent, just as they did in Afghanistan. So you say you dont want to be like Afghanistan? Well good! So then how do you determine the answer to those three big questions, and what if there is more than one answer? Thats the purpose of philosophy and more specifically The Great Conversation, to come up with the best possible answer to all questions that may arise without eliminating the possibility that a better answer may exist. Take Platos Cave for example: People sit in a cave looking at shadows cast on a wall, from the light of a fire behind them. They have been chained to the floor for centuries. They are fed, clothed, and generally stimulated by the shadows, which are those of puppets on a bridge behind them. The people believe the shadows are real. But ponder just for a second; what if you were one of those people? What if you were released from your shackles and allowed to move about the cave freely. How would you explain to the others that the shadows they are seeing are not real people, but actual shadows made by the puppets on the bridge behind them? Would they believe you? Now switch roles. What if one of the people chained next to you was released and came back to you with this phenomenon that everything you have ever seen and thought was real was actually a lie. How would you react? Would you believe them? This was Platos way of getting people to explore what they didnt know existed. To question things in life instead of merely accepting what they were told was the truth. To get people to explore the outside world, so they dont become a prisoner of ignorance forced to live a life based on what they are told and not what they experience for themselves. Questioning, and exploring whats around you and how it affects you is part of getting a more complete answer to those three big questions, which is the task of philosophy. But how does one know what to explore? I mean the world is a huge place and one person cant possibly explore everything, how do you know where to start? This is where the Three Divisions of Knowledge come into play. Philosophers divided knowledge into three groups: Natural Sciences, Social Sciences, and Humanities. Each focuses on disciplines and questions. A discipline is a branch of knowledge or teaching. Basically each division of knowledge helps explain certain disciplines for example: The Humanities group focuses on questions like why are we here, what is worth doing, how should we treat each other, and what should we do. And helps explain: literature, art theology, history, music and more. Some raging Humanity debates of the past have included: Existence of god? Post modernity v. enlightenment, and what is the purpose of art? But philosophy helps explain more than just the Humanities category and all its smaller questions and disciplines; it also tackles the Natural and Social Sciences as well. Philosophy ties in which the Natural Sciences in that it helps to explain things like biology, botany, anatomy, zoology, physics, chemistry, astronomy, ecology, and geology. Philosophy in this category asks the questions: How can we accurately describe the physical world, and what are the laws governing the universe. Some raging debates have included: Cancer; causes, cures, and infections. Intelligence; source of the genes that make one intelligent. Weather; how do we predict it, among many others. And last but certainly not least we move onto the all important Social Sciences. This category consists of questions like: What are the laws of governing human behavior, and Why do people think, act, and feel the way they do. Major debates here include: causes of crime, can we know how the brain works, and the source of violence. So there you have 3 categories which cover the 3 divisions of human knowledge, the topics they cover, questions they ask, and how philosophy plays an important role in explaining each one. Now are you starting to see why philosophy is so important? Why its more than just Old guys, old rules, old news? Without philosophy we would be left in the dark so to speak on so many issues; chained to the floor of ignorance, just like the poor souls of Platos Cave. People debate these things all the time, and one of the ways we keep it civilized and logical, non-violent and fair is through the way we have set up our society. The Secret Sharer written by Joseph Conrad, center EssayAfter all they provided him with food and shelter and the same amount of all the common good as they did everyone else, and by accepting that common good and that food, and shelter and whatnot, he agreed to follow the rules set by the society. He broke the rules by teaching his beliefs on the open streets, and therefore he was condemned to die Socrates realized that he had agreed to a set of rules and he broke them, therefore it would only be just of him to suffer the consequences, and that he did. So back to this good life How does one determine what is good, and is this good true? Is it real? Philosophers have stumbled upon another set of general questions in which people wrestle with all the time. What is good? What is true? What is real? For example, lets wrestle with What is real? If youve seen The Matrix you may remember Morpheus saying Well if you define real as what you can see, touch, taste, and smell, then real is only electrical impulses interpreted by our brain. So there is one argument for What is real? What about What is good? I would say what is good is what creates the safest most enjoyable environment for the greatest amount of people. But then again I dont have the only answer to these questions. Its very possible that because these questions are so general they may very well have more than one answer. But how do you determine the answer? Thats the purpose of philosophy and more specifically The Great Conversation, to come up with the best possible answer to all questions that may arise without eliminating the possibility that a better answer may exist. Now earlier I introduced to you to the concept of What is good? and What is real? but there is yet another concept. What is true? If I tell you that the sky is red and you think it is blue, then how do we know who is right? Do we go on what most people believe? Do we go on who has gone to school longer? Do we go on which colors we like best? Well I dont know the exact answer, thats why its still a debate. I can say I personally believe that here in America we go on a credibility system. We pick the person with the most knowledge and/or experience in a particular field, we use their knowledge for the basis of a debate, and then we argue it out. Sometimes we argue for things that we value. We may argue love at first site is true, because we may swear its happened to us. This is where Axiology comes into the equation. Axiology is the study of values, or stuff we place importance on, and it examines the question; what is good? Now, the stuff we place importance on is broken down into two smaller categories: ethics, and aesthetics. Ethics are our morals, and aesthetics are the branch of philosophy that deals with the nature and expression of beauty, as in the fine arts. Now within Axiology we have defined ethics and aesthetics, but what about the debate of fact versus opinion within each of them. For example: Is Picassos work beautiful? I would say nope. You may say yes. Thats aesthetic subjectivism, opinions on what is and is not beautiful. On the other hand you have aesthetic objectivism or facts on beauty. For example: Everyone enjoys beautiful things. That is a fact that deals with beauty. The same goes for ethics. I think it is good ethics to treat women as equals of men. You however, depending on where you were raised, may believe that is not good ethics. Thats opinion; both examples of Subjectivism. On the other hand ethical objectivism would say: Here in the United States, women and men are equally free by law. That is a fact. Now we move onto Epistemology or the study of knowledge. Epistemology examines the question; what is true? Once again we deal with two opposite ends of a debate spectrum. We focus on a few things here. One of which is where does knowledge come from? Those who believe that the exercise of reason, rather than experience, authority, or spiritual revelation, provides the primary basis for knowledge are called Rationalists. Basically they believe people have revelations, and are born with knowledge (innate. ) On the opposite, those who believe that experience, especially of the senses, is the only source of knowledge are known as Empiricists. Reason versus experience, you decide for yourself. For our last and final study we explore Ontology; the nature of being. Is it human nature to fill your space with material goods? Do they bring you happiness? Is that happiness true happiness? If you answered yes to any of those questions you may be a Materialist while if you answered no to any of those questions, there is a chance you may be an Idealist; someone who believes that the use of ideas, thinking, questioning, and active mental stimulation are far more valuable in terms of achieving happiness than the passive, vegetable style consumption of goods that plagues many of us.