Saturday, January 25, 2020
How The Nuclear Agenda Influenced American Popular Culture History Essay
How The Nuclear Agenda Influenced American Popular Culture History Essay August 6th, 1945, ushered in the beginning of a new era, one to be forever known as the Atomic Age. The dropping of the worlds first atom bomb over Hiroshima signalled a defining moment in human history. From that moment on the nuclear agenda would come to influence not only international affairs, but the everyday lives of people all around the world. The 17 year period from 1945-62 saw huge changes for American society, in particular the development and expansion of popular culture. How in fact popular culture was influenced by this new nuclear agenda holds the basis for this essay. It will focus on both the direct influences of a new atomic culture, as well as the indirect influences that a new nuclear world had on the popular arts. For the purpose of this essay it is essential to have a working definition for popular culture, in this instance popular culture will be defined as a commercial culture based on popular tastes. From Hollywood movies to comic books, a new nuclear technol ogy became an important characteristic in portraying the lives of everyday Americans. Along with a new kind of nuclear diplomacy theses influences would show themselves in some of the greatest pieces of twentieth century popular culture. What this meant for a nuclear generation and how it showed the signs of a cultural revival will be additional themes to explore. The atomic bomb revolutionised American life. In all areas economic, social, political it challenged old assumptions and forced reconsideration of accepted standards (Winkler, 1999: 9). The dropping of the first atomic bomb on that historic day insured at least one thing, a changed world. Rosenblatt neatly describes it, as a moment where nothing has ever been the same since. From that moment everything changed: subsequent wars, subsequent peace, art, culture, the position of science, the role of the military, international politics, and the conduct of lives; all changed. Other ages in history were characterized by heroes or by ideas. The atomic age is characterized by a weapon and a threat. (Rosenblatt, 2005:1) The end to fighting in World War II brought a period of relative peace in which popular culture was allowed to flourish. Boyer (1985) reveals that this new popular culture encompassed most areas of recreational life, although there were many alterations in interests and tastes. During the 50s and 60s particularly, popular culture appealed to a younger generation who had become an increasingly significant social group. Rock nRoll had become the main focal point for a young generation, and the novel realization of breaking away from childhood, caused the teenagers to become a defined social group in their own right. Teenagers began to reject the old fashioned attitudes and conventions of their parents and rebel against conformity. As stated by Shapiro (2002) this new generation of teenagers started developing a culture from the American teenage way of life, and alongside the behaviour got themselves part-time jobs to help them earn money to spend on movies, fashion, music and other ent ertainment. Boyer (1985) agrees adding that teenagers could now secure a good amount of money for their wants and needs like making trips to the movies and the purchasing of commercial goods, which became big business for the advertisement and film industries, which duly swooped in on their opportunities. Films which were produced and targeted by the teenage audience solely served to unite the teenage image more extensively. With films like Rebel without a Cause (1954) and The Wild One (1953) movies presented a separate image for the teenage rebel. The indirect effect of a growing nuclear agenda, seemingly allowed a world free from direct military conflict to find its voice again. War time popular culture had been heavily centred around the war effort, yet in this brief period popular culture begun to revolutionise. It became increasingly important for a post World War II America to enjoy this time of relative peace. Subsequently this saw a huge rise in a new consumerism in which tr ends and fashions; that had seemingly been put on hold during the war years, could dominate popular culture once again. The changing dynamics of a nuclear agenda began to have a more direct influence on popular culture, this period created what Zeman and Admundson (2004) call the early atomic culture. This distinct period saw an escalation in the nuclear agendas influence on the shaping of popular culture. Both the enthusiasm and fear surrounding new nuclear weapons would be portrayed in this expansive new arena. From the secrecy of the Manhattan Project to its introduction on a world stage in Hiroshima and Nagasaki, this new technology offset an atomic culture. It would be wrong to say that after its first military use the bomb became a subject for fear and anxiety. In truth the majority of Americans at that time were unaware nuclear weapons even existed. For many this was the weapon that had ended the war, saved thousands of American lives and brought forward a longed for epoch of peace. As Winkler agrees, Americans first reaction overwhelmingly was one of euphoria and the bomb became celebrated in popular culture in a well-liked country western song, When the Atom Bomb Fell, recorded in December 1945, which attested to this view as it declared the bomb the answer to our fighting prayers boys(in Zeman and Amundson, 2004:3). Many Americans set aside lurking fears of the new nuclear weapon as they contemplated the golden age of abundance that beckoned after World War II. They were further persuaded by the speeches of President Truman who hailed the atomic bomb as a god given tremendous discovery and one to bring together one human community. Others like David Lilienthal where also quick to speak out over the limitless beneficial applications of atomic energy (Winkler, 1999: 137). The atomic bomb continued throughout the period to be closely linked with its positive benefits and government programs attempted to educate the public about the science behind the bomb. An educational video produced by none other than Walt Disney was commissioned in 1957 entitled Our Friend the Atom, which attempted to demonstrate the benefits of the nuclear age and the wonder of this new technology. This film was shown in schools throughout America and became increasingly significant in showing nuclear power in a favourable lig ht. Other videos such as A is for Atom sponsored and paid for by General Electric were also produced to try and help explain the benefits of nuclear technology. This is not to say that the dropping of the bomb in Hiroshima went unnoticed. As mention by Gamson; H.V.Kaltenborn, the dean of radio news commentators, warned his NBC audience on the very same day, For all we know we have created a Frankenstein! We must assume that with the passage of only a little time, an improved form of the new weapon we use today can be turned against us. (1987:15) The continued promotion of the nuclear agenda also expanded to the American commercial markets, and the wonders of the bomb became tied in with consumerism. 1946 saw the General Mills Corporation expansion into Atomic Bomb Rings with the Kix cereal boxtop. Advertised as a gleaming aluminium warhead, see real atoms SPLIT cried the advert, and some 750,000 American children inundated General Mills for their own Atomic Bomb Ring. Boyer (1985) identifies this move from a promotional premium, to that which actually premeditated several cultural themes that would obsess America in the years ahead. Another example from Boyer reveals that only days after the dropping of the bomb on Hiroshima, retail shops were offering atomic sales and products offering atomic results. (1985: 9) This type of cultural consumerism seems void of the true fear that would come to surround the nuclear agenda. Instead it highlights the apparent ease into which America welcomed the birth of the atomic bomb; although this was not always the case. This period in American history coincided with attempts at a new world order and the emergence of the United States as a global superpower. Political, social, economic and ideological issues became not only domestic but international issues. The Truman Doctrine and the Marshall Plan in particular were set up to help fund an American friendly Europe. The movement of the nuclear agenda began to change with the American foreign policy of Containment, an uneasy separation both geographically and ideological, which would see Churchill talk up fears of an Iron Curtain. These international fears would spark a concern of a superpower rivalry and after the Soviet tests of 1949; two countries with conflicting ideologies now had the most destructive weapon ever invented. Hollywood was quick in using the new found nuclear agenda for film ideas. The Manhattan project was dramatized in the 1947 film The Beginning or the End, one of the first of several films on the subject. The film tackled the creation of the atomic bomb and its subsequent use in both Hiroshima and Nagasaki. Filmmakers saw this new nuclear agenda, as a story waiting to be told. One of the trailers produced at the time to promote the film showed an interviewer asking movie goers for their thoughts on what theyd just seen. You cant ignore this picture one women said and the most important motion picture I have ever seen said another. These along with taglines such as the men, the magic the machines saw an increased interest in the development of the bomb. The subject matter was of course both dramatic and dangerously fascinating to a new generation. It talked about the secrecy behind the Manhattan Project and the destructive power behind the bomb. It led many to pose questions in particu lar like that within the films title; was this the beginning or the end? The film industry could now see the need and want of the people to know about the bomb. Much of the film was of course a sensationalised view, and alot of what the Manhattan Project was actually about was unknown by those making the films. Although the sentiment and an increased interest around the bomb would see that the nuclear agenda would continue to influence film. A particular genre within Hollywood that would see a rise in popularity at this time was film noir. As Kakutani identifies in the wake of World War II and with anxieties created by the dawning of the atomic age, film noir a sometimes nihilistic genre became galvanised. The likes of Kiss Me Deadly and Fallen Angel found success at the box office. The genre with its partiality to outsiders and deeply rebellious themes inevitably appeared and emblematized at a time of deep stress. (2001: 1) These kinds of Hollywood films began to show a prevailing attitude that the nuclear agenda had brought about. Hunner (in Zeman and Amundson) describes the nuclear agenda as a totally new age, one full of promise and peril. People searched for a new way of living under this new age thus creating this new culture. And the reason why the nuclear agenda began to find its way into popular culture had a lot to do with the changing nature of nuclear importance. From the creation of the atom bomb moving to the advances with the first nuclear power plant, the science behind the bomb began to spread to new technologies. Nuclear powered aeroplanes and submarines were just some of the uses that that the Unites States found for nuclear energy. Even with these new advances a key turning point for the bomb would come in 1949. Zeman and Amundson (2004) identify this development from the early atomic culture morphing into the high atomic culture of 1949 to 1963. The following years were seemingly different from the earlier phases, as one key turning point would stress. This period saw the American nuclear mo nopoly which had been expected to last until the 1960s, come to an abrupt end in August of 1949. The Soviets after Hiroshima had been working from the American design to build an atom bomb for itself, and the first Soviet test in Kazakhstan steppe signalled a build up of arms. The Soviet atomic test ensured a changing nuclear agenda from the wonder of technology to a characterization of an enemy. A two superpower world would change the very nature of popular culture. The change in nuclear agenda saw an alteration in the types of films being produced in Hollywood. In the 1950s and 1960s, a number of movies attempted to make social commentaries on the war. As Day reveals Films like On the Beach, Fail Safe and The Bedford Incident all took a grim tone about humanitys future, wagging a finger at world leaders who held the fate of the world in their hands and implying that words like democracy and communism had little meaning when the world was teetering on the brink of Armageddon. (Day, 2004: 1). The shift in agenda also introduced the introduction of the B movies which entertained the fear of mutilation. Films such as Them where giant ants mutated by atomic radiation threaten US cities in the South West, and Attack of the Crab Monster were becoming increasingly popular to an American audience. The links to events in the international community such as the nuclear accident in Castle Bravo and Chelyabinsk in 1957 brought about a sense of anxiety. The idea of being exposed to dangerous levels of radiation further influenced the idea of mutation. One of the most recognised films of this period and one that would inspire numerous re-makes was Godzilla. The original Hollywood version in 1954 is considered to be the correspondence of the nuclear weapons which were dropped in Japan. The film unlike its B movie counterparts had a bigger budget and became instantly popular. Other films such as Mickey Rooneys Atomic Kid (1954) which appeared to disassociate the potential of nuclear radiation, failed to do so well at the box office. Later films such as Dr Strangelove would also focus on the idea of a doomsday advice. Other signs that showed the increasing significance of the nuclear agenda were no more apparent than in the Laurel and Hardy motion picture Atoll K. A well loved and admire comedy duo choose for their last screen outing to portray a shipwreck on an island rich in Uranium deposits. It was a far cry from there simplistic and po pular humour which had served them well earlier in their careers. In truth Hollywood had become infiltrated by a collection of A and B movies each adding their representations to the nuclear agenda. As well as Hollywood films the American Civil Defence began producing advice videos such as Burt the Turtle and Duck for Cover. They were clearly designed to help to combat the fear of nuclear catastrophe, and were used to reassure the general public about the dangers of nuclear weapons. They would usually involve drills for mass departure to fallout shelters, and popularized the likes of Duck and Cover. The drills with their indications of dissonantly empty streets and the hiding activity from the nuclear bomb under the schoolroom desk, would later could turn into symbols of the expected inescapable and popular fate formed by those weapons. Most Americans were affected by these videos, especially amongst those in the richer classes who could afford the back-yard fallout shelters which offered a diminutive protection from the direct attack and could keep away from the wind-blown fallout, for some days or weeks. Popular culture within America increased extensively in the early 1950s and 60s, with widespread tensions growing amongst segregated groups in society. The cultural significance of such movements as the non violent rebellion 1955-60, brought the hope of peace and equality for many Americans. The Montgomery Bus Boycott and the influence of charismatic race leaders such as Martin Luther King promoted the need for non-violence; such a belief directly opposed the violent and intermediating prospect of nuclear war. As King himself was quoted in a speech denouncing atomic warfare entitled Time to Break Silence, Communism will never be defeated by the use of atomic bombs or nuclear weapons. These are days which demand wise restraint and calm reasonableness. Whilst King was a strong figure fighting for an end to segregation and civil rights the effect of the nuclear agenda was still quite evident in all aspects of American life. Fairclough points out if it were not for the nuclear agenda; th e case and call for civil rights might have been addressed a generation earlier. (2001: 249) The effect of previous atomic tests and the sight of great chemical explosions found itself positioned in kitsch art. Titus (in Zeman and Amundson) recognises how the mushroom served as symbol for weapons themselves. Pictures on the nuclear weapons never became public until 1960 and even those were only the mock-ups for the Fat Man and the Little Boy. Diagrams of the bombs interior working have been obtainable only for the last few years since design for nuclear weapons became the most strictly guarded secret. These all had an impact of fear on society has well as the nuclear diplomacy that developed between the United States and the Soviet Union. The nuclear agenda found itself quickly ingrained within American life. The nuclear agenda that followed the end of fighting in WWII took on a life of its own, and yet was not the first time popular culture had embraced nuclear technology. Ironically the first reference to the nuclear agenda comes not after its first military use but it can be traced back to 1908 in H.G Wells, The War in the Air as well as his subsequently work The World Set Free. The novels first explored the prospect of a nuclear holocaust and an atomic bomb that would be used in war. Perhaps even more telling was the influence it would have on one Leo Szilard. The nuclear agenda might have started life as science fiction but its influence would most definitely lead to science fact. At a time of a new found fascination in the science behind the bomb, it would seem inevitable that the science fiction genre would experience an increased popularity, and it did. Suddenly the question of what the future might hold, the question of what if, gained a horrible new importance. Now, instead of l ooking a thousand years ahead, humanity was looking at the hands of a Doomsday Clock that were edging closer to midnight. (Plested, 2009:1). Nuclear weapons would become a fastener element in the science fiction novels. The phrase atomic bomb predated their continuation when scientist had realized the ending of radioactivity had a potential implication of limitless energy. Until then, the word atomic had been nothing more than a convenient gimmick in science fiction, a buzzword that provided power for everything from pistols to robots to spaceships. Once the atomic bomb had been used, it proved this scientific leap forward, a leap which proved that science fiction authors were not such wild-eyed dreamers as had been thought' (Plested, 2009: 1). However, the science fiction novels began to follow and treat the threat of potential nuclear fallout and its implications for society. Newman, K. (2000) notes the various popular novels like the Babylon, Alas and On the Beach reviewed the af termath of the nuclear war. Other science fiction novels like A Canticle for Leibowitz exposed the long-standing consequences of a nuclear war. Hand in hand with the immediate perils of thermonuclear death, science fiction introduced the public to the other horsemen of the new Apocalypse: Fallout, Nuclear Winter, and Mutation. The latter provided heady fare for the filmmakers of the 1950s, with screens filled with shambling monstrosities of every shape, size and species. (Plested, 2009:1) The crisis of the Cold War coincided with the emergence of the Television, it grew in stature and with the growth of consumerism by the 1950s the TV quickly became a technological novelty an inescapable medium that quickly rivalled the power of movies, radio and mass circulation magazines (Whifield, 1991:153). In 1946 around 7000 American owned their own television set and by 1960, 50 million sets had been purchased and over 530 stations were available by 1961. Yet the reality of nuclear weapons haunted not just photographs and newsreels of Hiroshima and Nagasaki but visions of the future. In 1950 LIFE predicted the growing likelihood of World War III in the essay How U.S. Cities Cab Prepare for Atomic War. Colliers described a hypothetical atomic attack on New York in Hiroshima U.S.A: Can anything be done about it? (Boyd, 1985: 23) Nuclear anxieties boosted the popularity of psychoanalysis an probed the subconscious. Signs of the impacted nuclear agenda also found their way into the music industry. Many songs such as Skip Stanleys Satellite Baby pleaded: Nuclear baby dont fission out on mewere gonna rock it, were gonna rock it.Isotope daddys found out what you are worth. As well as the likes of Bob Dylan with his 1962 song A Hard Rains Gonna fail which was thought to have alluded to an upsurge in the possibility of a nuclear fallout. Through the progression of the nuclear period protest songs in particular became more frequent, such as 99 red balloons, and Relax by Frankie Goes To Hollywood. These songs became opposition against a nuclear build up and warning songs while others utilized the theme like allusion to a huge destruction in general. This period also began to see the rise in the popularity of tranquillity organizations such as the CND. Newman, K. (2000) said the CND (Campaign for Nuclear Disarmament) was one of the principle organizations campaigning in opposition to the bomb. Its symbo l, a grouping of the semaphone symbols for D (disarmament) and N (nuclear) came into the modern culture as icon for peace. 1962 saw a flashpoint in the course of the Cold War, a socialist revolution in Cuba would bring the world closer to nuclear war than ever before. The Cuban Missile Crisis illustrated how fragile the balance between a nuclear war and peace had become. The period of time saw a shift in public opinion towards the bomb, how close the world had come to catastrophe had shown Americans the true terror of a nuclear attack. Popular culture moved into a new era of fear and more open criticism of the nuclear programme (Zeman and Amundson, 2004: 4) The scale of influence the nuclear agenda had on popular culture became elevated as the threat of nuclear war become more possible. The time frame saw a great deal of change within America. It becomes apparent that the early atomic culture had a huge influence on popular culture, but the ways in which it affected it were various to say the least. From civil defence videos to sci-fi b movies, the period generated a phenomenal amount of popular culture. The significance is perhaps the diversity of the materials and the changes the nuclear agenda brought into popular culture. The strength of the nuclear culture insured it was impossible for outlets to ignore, instead the bomb in sorts became commercialised and the threat of apocalypse became a somewhat side point. In truth, it would appear in an era of progression and change the nuclear agenda became quite dominant in popular culture. It affected the lives on not only Americans but those in a global community. The turning point perhaps comes at the end of this period during the 13 days of the Cuban Missile Crisis, where the nuclear agenda hatched up the fear and tensions of an American society who had been blissfully unaware of the true dangers happening behind closed doors.
Friday, January 17, 2020
Michael Jackson : 30th Anniversary Special and Product Design
Republic of the Philippines TECHNOLOGICAL UNIVERSITY OF THE PHILIPPINES Office of the Vice President for Academic Affairs Industrial Relations and Job Placement Ayala Boulevard, Ermita, Manila NARRATIVE REPORT ON SIT PROGRAM Product Design and Development Technology (PDDT) Work Stations: Product Design and Development Center of the Philippines (PDDCP) ââ¬â CCP Complex Christmas Decor Producers and Exporters Association of the Philippines (CDPEAP) ââ¬â CITEM Compound Chamber of Furniture Industry of the Philippines ââ¬â Cebu (CFIP-Cebu) ââ¬â ManilaFAME 2013 at SMX Convension CenterFrom November 12, 2012 to March 25, 2013 TABLE OF CONTENTS I. Introduction II. Jobs Performed in the Company a. TINUKIB ââ¬â Iloilo Showroom and Souvenir Shop i. Modular Designs for Shelving ii. Space Planning iii. 3D Rendering using ââ¬Å"Google SketchUpâ⬠and ââ¬Å"Vrayâ⬠iv. Floor Plan (autoCAD) v. Working Drawings of displays (autoCAD) b. TINUKIB ââ¬â Iloilo Cafe i. 3D Rendering using ââ¬Å"Google SketchUpâ⬠and ââ¬Å"Vrayâ⬠c. Technology Updating Workshop i. Bleaching and Dyeing of Fibers ii. Palm Frond Making iii. Hand papermaking iv. Papier Macheââ¬â¢ v. Finishing for Furniture vi. Finishing for Gifts and House Wares ii. Finishing for Paper and Paper Products viii. Lamination of Palm Husk and Seed d. Design Talks i. Rey Soliven ââ¬â ii. Sionil Jose ââ¬â National Artist for Literature e. Lectures i. Benjamin ââ¬â Trends and Forecast Sources ii. Rowe Requejo ââ¬â Full Sizing and Furniture Aesthetics iii. Ben Bacamante ââ¬â Creative Thinking f. CDPEAP Christmas Decor Designs g. CDPEAP-PDDCP-DTI Source Book in Indigenous Materials ââ¬â New Design Team with Mr. Robert Alejandro of Papelmeroti i. Product Design ii. Product Development iii. Product Design Expansion iv. Book Layout v. Layout Cover vi. Prototype Supervising ii. Product Photo-shoot h. Ikenobo-Ikebana Society of Manila 30th Anniversary Celebration à ¢â¬â Organizer with Dr. Romeo Balderama Jr. from CDPEAP i. Event Wall ii. Event poster for Shangri-La Plaza iii. Sarilikha Leaflets iv. Abaca Atelier Association Leaflets v. Anniversary Book Design vi. After Party Invitations i. Vina Domingo-Roy Exibit i. Opening Committee j. Manila FAME ââ¬â PDDCP Booths and PDDCP Employees, ââ¬â Next One Now with CFIP-Cebu, Leslie Mejares, Rey Soliven and Joey Yupangco ââ¬â OTOP with Joanna Raymundo, Ryan Tresvalles and Jinggoy Buensuceso i. The OTOP Marketplace (Ingress) i. The OTOP Marketplace ââ¬â Visual Merchandising Team iii. Next One Now Design Awards CFIP-Cebu ââ¬â Assistant Judge for Lesti iv. PDDCP Information Booth v. PDDCP Booth ââ¬â Color Trends 2013 vi. The OTOP Marketplace (Egress) III. Experiences a. Knowledge i. Applied from School ii. Learned from Training b. Skills i. Applied ii. Developed c. Values i. Learned ii. Applied d. Human Relationships i. Observed ii. Applied IV. Problems a. School b. Company V . Suggestions and Recommendations VI. Requirements a. Daily Work Activities b. Time Records c. Evaluation Sheet d. Certificate
Thursday, January 9, 2020
Articles 8 And 10 Of The European Convention Of Human Rights
Articles 8 and 10 of the European convention of human rights and section 6 of the human rights act 1998 relate directly to both of the key issues throughout this problem question. These problems regard towards the publication of photographs containing Brad Pitts family and Dylan Davies attendance to a gamblers anonymous meeting. The right to the publication of photographs of Brad Pitts young family on holiday would mean Evan Evans would have to consider both articles 8 and 10 of the European convention of human rights . since these articles are qualified rights it is essential for them be balanced in order to determine the intent in which they may be lawfully and proportionately restricted. Article 10, the freedom of expression would beâ⬠¦show more contentâ⬠¦Murray v Express Newspapers , a case similar to that of Wellers also saw the lack of consent being a major flaw with the published article however as stated before article 8 is a qualified right and was balanced with that of article 10 where it was found that there nothing embarrassing or publicly detrimental to their public appearance and therefore article 10 was granted allowing them to freely be able to publish the story. It has been found that a celebritiesââ¬â¢ right to privacy is also highly debated since it is not illegal to photograph a celebrity as long as it does not harm their public appearance, it is found that if they are in the public eye then it is not considered their private life since this is the life they signed up to when they become a celebrity . Therefore, suggesting that since it wouldnââ¬â¢t be detrimental to the Pitt family and Mr Evans may have some rights when producing the article. After balancing both articles 8 and 10 for the Brad Pitt case it suggests that although there are no suggestions ofShow MoreRelatedThe European Convention On Human Rights1492 Words à |à 6 Pagesthat is italicized needs to be rewritten The European Convention on Human Rights. Exactly what is it and what are its aims? Its an international treaty which only member States of the Council of Europe may sign. The Convention lays a basic groundwork of all rights and guarantees which the States have to be held to. These rights include the freedom of though, expression, conscience, religion, effective remedy, peace enjoyment of possessions, and the right to vote and to stand for election. However,Read MoreHuman Rights Act of 1998681 Words à |à 3 Pagesstatement The European Convention on Human Rights exists to guarantee legal protection to fundamental rights. It will examine how rights are protected in law and the way the UK approaches the protection of these rights. 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Tuesday, December 31, 2019
Exposed Sin vs. Hidden Sin in the Scarlet Letter Essay
Exposed Sin vs. Hidden Sin Since the beginning of time we have shown our imperfections as human beings. As detailed by the Bible in the Book of Genesis, Adam and Eve ate the fruit from the tree of knowledge committing the original sin. This infraction against God resulted in Adam and EveÃâs expulsion from the Garden of Eden, and set the foundation for the judgment of mankind. The word sin derives from Old English synn and is defined as something shameful, deplorable, or utterly wrong. In this essay I will be comparing exposed sin to hidden sin as related to The Scarlet Letter, and the effects it has on people. In Nathanial HawthorneÃâs The Scarlet Letter, Hester Prynne represents the exposed sinâ⬠¦show more contentâ⬠¦At first the scarlet letter is a burden for Hester but it eventually leads to her redemption and independence. After so many years Hester is able to wear the scarlet letter proudly and dies with honor instead of disgrace. Contrarily, Reverend Arthur Dimmesdale chooses to con ceals his sin which leads to the deterioration of his physical and spiritual health, and ultimately leads to his death. Dimmesdale is given several opportunities to confess his sin but refrains from doing so, looking for penitence - fasting and whipping himself - but finds no solace. After years of bearing such guilt, Dimmesdale tells the townspeople that he is HesterÃâs secret lover and PearlÃâs father before his death. Confessing his sin allows Dimmesdale to find peace before death however, the overwhelming guilt was too much to bear. One wonders, would admitting to adultery in the beginning have prevented DimmesdaleÃâs demise? Roger Chillingworth arrives in Salem just in time to see Hester Prynne, his wife, with a baby on the town scaffold. He is, at first, a victim of adultery, but puts himself unnecessarily in the situation of being the villain of the story. The first time we see Chillingworth he is described as having Ãâa remarkable intelligence in his feat ures(56)Ãâ but Ãâslightly deformed, with the left shoulder a trifle higher than the right(55)Ãâ. As the need for revenge takes over Chillingworth we see a transformation in his demeanor, by the end ofShow MoreRelatedAnalysis Of Nathaniel Hawthorne s The Scarlet Letter 1128 Words à |à 5 Pagesshort stories and 4 unfinished manuscripts. The Scarlet Letter is a romantic work of fiction in a historical setting, which is considered to be his greatest work. The story was set in a Puritan settlement in the mid-1640s in Boston. A young beautiful woman named Hester Bryne , who is required to wear a letter ââ¬Ëââ¬â¢Aââ¬â¢Ã¢â¬â¢ in front of her breast , which is a sympol of adultery and shame , and she has to stand in front of the crowd on the scafford to be exposed to the crowd under the scaffold. While Hester
Monday, December 23, 2019
Over the last 30 years, videos games have become very...
Over the last 30 years, videos games have become very desirable for people of all ages, genders, and race. With the rapid growth of technology these games have become very life like and some seem as if your actually there in person. The rapid growth has made the video industry into a multi-billon dollar industry and this has created much controversy among the people because the games are becoming very realistic, but also more violent. Since the creation of violent video games there have been constant disputes to whether these games will increase violence in the player. Nevertheless, there have been researches done to try and understand the correlation between video games and violence. These researches havenââ¬â¢t only showed that the violentâ⬠¦show more contentâ⬠¦Many acts of violent crimes have connected to young players and violent videos games. These young players arenââ¬â¢t supposed to be playing this game anyways. There is a reason these games are labeled with the game rating. An 8-year-old boy intentionally killed a 90-year-old woman when he shot her in the head inside a Louisiana mobile home after playing a violent video game, police said. But the child wonââ¬â¢t be charged with a crime. The boy fatally shot his elderly caregiver, Marie Smothers, after playing ââ¬Å"Grand Theft Auto IVâ⬠ââ¬â a video game critics often blame for promoting violence ââ¬â inside the mobile home at a Slaughter, La., trailer park Thursday evening, police said. (Kemp) I wonder why an 8-year kid is playing a game that has a label on it that clearly has a label print on to the cover saying it is for people 18 years old and up. Hereââ¬â¢s a 8 year old boy who is barely capable of thinking on his own and heââ¬â¢s playing a game that heââ¬â¢s 10 years to young to be playing. My really question is how do you put that on the creators of the game? The game creators clearly put an age restrictions on the game for a reason because the content is very influential for someone who isnââ¬â¢t 18 or older. People over 18-year-old person are able to think for them selves as where an 8-year is not. When your 18 you have almost a complete understand of whatââ¬â¢s right and whatââ¬â¢s wrong. The difference from fantasy and reality areShow MoreRelatedWhy Women Should Not Be Sexualized And Objectified The Way They Are Video Games3095 Words à |à 13 PagesDavid Dale 1 Why women should not be sexualized and objectified the way they are in video games today: Most of us would already know that womenââ¬â¢s representation in the media is highly sexualized and that women are regularly portrayed in a sexual manner and are objectified in all forms of media whether it be in magazines, online, television, movies, music videos, and of course video games (Wu, 2014). Many people derive gratification from what they read and hear every day without thinking about theRead MoreWhy Do People Buy Counterfeit Products?3730 Words à |à 15 PagesWhy à do à people à buy à counterfeit à products? à 1 à à Running head: Why do people buy counterfeit products? Why people by counterfeit products? Monica Rodriguez American Intercontinental University Dr. Yamil Guevara Why à do à people à buy à counterfeit à products? à 2 à à ABSTRACT The elaboration and commercialization of counterfeit products is an issue that has been growing prominently within the last 20 years. There is no place in the worldRead MoreDevelopmental Psychology Notes7715 Words à |à 31 PagesDevelopment Sex ââ¬â sexual anatomy and sexual behaviour Gender ââ¬â perception of maleness or femaleness related to membership in a given society Week 8 Growing brain The brain grows at a faster rate than any other part of the body. 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On one hand, there are those who blame media violence for societal violence and want to censor violent content to protectRead MoreAn Assesment of Indomie Noodles Tv Commercials on School Children5631 Words à |à 23 Pages Television audience ranging from teenagers, adults, older people, elites, literates and even illiterates have come to be acquainted with this popular game show on television. All these categories of people enjoy the programme ââ¬Å"who wants to be a millionaireâ⬠with its unique features as it is quite different from all other television reality show. There seem to be a general consensus by many programme analysts towards the reality game show tremendous impact on its viewing audience as it regardsRead MoreSocialization6074 Words à |à 25 Pageslearned language, norms, and values first from his parents and then from his peers. Adrian went through a process of a. learning. b. socialization. c. culture. d. resocialization. e. nurturing. 2. 3. Socialization begins at a. birth. b. age 1. c. age 2. d. age 5. e. when a child begins to speak. Benjamin describes himself as a single male, a college student, and a son. Benjaminââ¬â¢s self description illustrates which of the key functions of socialization? a. Socialization establishes our social identityRead MoreDissertation Proposal on Managing Diversity of Workforce18916 Words à |à 76 Pagesorganizations are experiencing a necessity to make changes as well. The workforce will become increasingly more diverse in the future and this greatly affects the organization in its capacity of hiring and retaining employees. The literature reviewed within this study illustrates the fact that the expectations of employees differ within the generations represented in todayââ¬â¢s workforce and unless managers have a sound knowledge-base of the needs and expectations of the organizationââ¬â¢s employees thenRead MoreDoes Tv Have a Negative Influence on Society7652 Words à |à 31 PagesDOES TV HAVE A NEGATà °VE à °NFLUENCE ON SOCà °ETY The negative effects of television are huge. To minimize the potential negative effects of television, its important to understand what the impact of television can be on children. Violence Over the past two decades, hundreds of studies have examined how violent programming on TV affects children and young people. While a direct cause and effect link is difficult to establish, there is a growing consensus that some children may be vulnerable to violentRead MoreNokia Marketing Plan5305 Words à |à 22 Pagesservice differentiation provide new classic models, features and long lasting batteries. We hopefully say that, this particular customer driven marketing strategy should be widely followed to achieve the unified whole. 2.Introduction The company I have chosen to analyze in my assignment is the mobile phone giant Nokia. This assignment tells us briefly what Nokia actually is, its Customer driven marketing strategy, how they create value for target customer view on the size and sales of the companyRead More Media Essay4456 Words à |à 18 Pages nbsp;nbsp;nbsp;nbsp;nbsp;In the late Seventies, America became shocked and outraged by the rape, mutilation, and murder of over a dozen young, beautiful girls. The man who committed these murders, Ted Bundy, was later apprehended and executed. During his detention in various penitentiaries, he was mentally probed and prodded by psychologist and psychoanalysts hoping to discover the root of his violent actions and sexual frustrations. Many theories arose in attempts to explain the motivational
Sunday, December 15, 2019
Mortgage Free Essays
Though experts recognize that the mortgage relief bill is not thorough, recognize that it remains the best latest attempt to address the current housing crisis facing the nation. A crisis that has continued to dominate the United States presidential debates as well as make it increasingly difficult for the homeowners to repay their loans. To understand the depth of the crisis and the latest efforts to correct the situation, it is important to look at what mortgagee is and how it operates. We will write a custom essay sample on Mortgage or any similar topic only for you Order Now Mortgage is simply the use of ones property to be security to a house loan. A mortgage transfers the legal rights of ownership to the pledged property to the lender in case the payments are not made as per the agreed terms. Such a loan is made in the understanding that the security shall revert back to the owner once the terms of have been fulfilled. To most people, mortgage is associated with real estates. It is a contract that involves a number of legal participants among them landowners who is referred to as the mortgagee and the borrower who is the mortgagor. Another term that comes into play in the mention of mortgage is foreclosure. Foreclosure simply refers to a situation where a lender terminates the contract after the failure of the mortgagor to stand by the agreement terms. This is usually in the direction of a court order. In foreclosure, a bank or any other financial institution that extends credit facilities repossesses a property if the homeowner is unable to comply with mortgage requirements (Carmen Rogoff 12). Currently there exists a subprime mortgage crisis in the United States. This is a crisis that can be evidenced by a liquidity problem existing in banks after a high default rate in mortgages leading to foreclosures. The current mortgage crisis is seen to have largely been caused by subprime lending which simply is the act of advancing loans to individuals whose creditworthiness is uncertain or wanting due to a low income. It is this subprime lending that contributed to the bulk of the total foreclosures in 2007, over 43%,despite the fact subprime lending were only 6.8% of all lending in that year (Stokes Mechem). The current economic recession in the united state has tarnished Bushââ¬â¢s presidency with most tracing a link to the hefty spending in the war. Bush insists that the slump is a s result of the mortgage crisis. That aside, he has received immense criticism for how he has handled the crisis and for not coming up with any concrete plans to ease the situation. He is also accused of standing by the big corporations instead of helping the low income group deeply embroiled in the crisis. This is a result of his stand in opposing the mortgage relief bill, a bill that has recorded considerable gains in the house. Though the bill has its flaws, it is seen as a reprieve to millions of homeowners who continually face the risk of foreclosure. The mortgage relief bill is aimed at providing tax reprieve to homebuilders. The local governments will be funded to rehabilitate deserted homes. Those that oppose the bill claim it is wrong spirited and will set a bad precedence of forcing ââ¬Å"one neighbor to pay for the mistakes of anotherâ⬠(Anderson) Bush is opposed to the bill referring to it as a ââ¬Å"bail outâ⬠. Some Republicans see it as forcing the 95% of homeowners that did it right to pay for the 5% that got it wrong. It is important to note though that the bill will pave way for a possible road to recovery and will go along way in preventing a further economic slump. Economists warn that if the situation is not arrested in time, it would degenerate to the worst debacle for the housing and the banking industries. It is apparent that the nation is reeling from the effect of a mortgage crisis that has been caused by increase in foreclosures as a result of subprime lending. Though the government is yet to come up with a comprehensive plan to arrest the situation, the mortgage relief act is seen as a step towards the right direction and might go a long way in easing the pressure off the homeowners and builders through a tax break. Works Cited Aleis Stokes à John Mechem. Delinquencies and Foreclosures Increase in Latest MBA National Delinquency Survey. Mortgage Bankers Association, 12/6/2007. Retrieved on 13th May 2008 from http://www.mbaa.org/NewsandMedia/PressCenter/58758.htm Scott Anderson. Bush administration opposes Democratsââ¬â¢ mortgage relief bill. CNN.com Edition. Sat April 26, 2008. Retrieved on 13th May 2008 from http://www.cnn.com/2008/POLITICS/04/26/house.mortgage/ Carmen M. Reinhart and Kenneth S. Rogoff . Is the 2007 U.S. Sub-Prime Financial Crisis So Different? An International Historical Comparison.. Analysis of Harvard economists. February 5, 2008, 12 ; ; How to cite Mortgage, Essay examples Mortgage Free Essays The American consumer has now gotten himself into trouble by simply living beyond his means. This is nothing new in America as only 2% of those who are set to retire at age 65, have enough in their savings and investments to have the same standard of living that they once knew when they were younger. (Saft 2007 pg. We will write a custom essay sample on Mortgage or any similar topic only for you Order Now C3) Credit card debt is skyrocketing and people can see no light at the end of the tunnel except for filing bankruptcy. What has been in the news recently and has shown how careless the American consumer can be is the number of foreclosures from supreme mortgages have gone through the roof and is to the degree that the fall out will likely result, and has already resulted in, effecting other sectors in the United States economy. There has been reported some relief as the Federal Reserve, on September 18th, announced that interest rates would be cut. This is only a short term resolution and the à ¼ % that it will likely be cut, will not bring enough relief to the millions of Americans who bought a more expensive home than they could afford. (Stempel, 2007) The predatory practices of lenders across the country have added to this as well. Sub prime mortgages deal with mortgages that were given to people with less than perfect credit scores who do not have to show to the same extent, financial proof that they can afford to pay the loan that they are applying for in order to buy their dream house. The fall out has occurred and will continue to occur as millions of people are in danger of losing their homes. The existence of the sub prime mortgage is important to note as well. Even at a conservative interest rate, a 30 year fixed mortgage, a lender will make on average, close to $200,000 on a $100,000 loan. (Rudd, 2007) Those that have the money to lend, will make a great deal of money in their return. The demand is high for homes as it is an important aspect of the American dream to own a home. However, many Americans suffer from poor credit scores as a result of past bills which had not been paid or past loans which had not been honored. As a result, this hurts the individualââ¬â¢s credit score; the most important piece of information that will help a lender to decide if giving a loan to the individual will constitute a risk to the lender. The lender is in the business of lending money and does not want to be in the necessary position to repossess oneââ¬â¢s home. An individual with a low credit score and who was not able to prove that they had the necessary income to support their monthly mortgage payment, was denied the loan. This was for the protection of the lender as well as the borrorrer. These were the self imposed rules with the lending industry followed. Now, things have changed. There is so much money to be made in the lending market when good loans are made, that lenders are now playing on the lust that Americans have to own a home. This is not a lust to just own a home, but rather to own the largest and grandest home possible. The individual will not correctly study his budget to see the amount of a mortgage which he would afford and thinks with his heart and not his wallet. Also, the existence adjustable rate mortgages of ARMS; mortgages which are advantageous to the individual when the interest rate is low but which will rise, sometimes exponentially when the Federal Reserve raises the interest rate in order to stabilize the economy. In recent months, the interest rate has increased and therefore, mortgages which commanded an $800 a month payment, can now easily exceed $1100, depending on the initial interest rate which the individual was able to secure. (Seiders 2007 pg. 3) As a result, those individuals who have figured too closely, their budget and never really were in the position to buy a $200,000 home, default on their loan. Two missed payments and the foreclosure process begins. Full payment of the missed months, along with interest and penalty rates is what is needed for the individual to become up to date on his loan. For millions of people this decade, that has never come to fruition and not only are their homes lost, their credit is ruined for the next 7-10 years to such an extent that even the most predatory lender would shy away from giving that individual a loan in the immediate future. Needless to say, this effects those individuals who have no lost their homes, to a dizzying degree. However, there are other effects to the different sectors of the economy and the employees of these branches of the American work force who themselves, are not having a problem paying their mortgage and who though that they would never personally be effected from the sub prime mortgage if they were only smart enough to stay away from such predatory lenders. Such is not the case as so much of our economy is interchangeable and depends upon the success of the other. The fallout from the sub prime mortgage details such interdependence. One way in which the fallout from the sub prime market has affected the economy is in the stock market. There have been a number of very large companies which had either been forced to lay off thousands of workers, or have simply filed for bankruptcy. On June 20, 2007, Merrill Lynch seized more than $800 million in assets from two famous hedge funds that were previously involved in sub prime loans. (Saft, 2007 pg 4)à Now, these funds are worthless on paper and their assets have now been depleted. American Home Mortgage Investment Corporation announced that it had suffered a billion dollar loss and that a proposed $4.9 billion deal with Radian Group, would no longer come to fruition. (* Myers, 2007) Also, just last month, Countrywide, the largest American lender, accounted that it was being forced to cut 12,000 jobs from its payroll as a result of the sub prime mortgage fall out. It was reported that a staggering 19% of the total number of loans fell under the sub prime category. (Myers, 2007) It should therefore be no surprise to Countrywide, as well as those who follow the mortgage industry, when they hear of such steep job cuts. This was one of the hardest blows to the American economy and effects the economy in three main areas. The first effect is the fact that 12,000 people lost their jobs. Some individuals, for example, John Bryne, had been employed at Countrywide for over twenty years and now has lost a job and many companies will see him as too old to be hired. ââ¬Å"I do not know what I am going to do. I was planning to retire with Countrywide. I will try to start over and on my own. However, I do not know if I will be able to find people who I can trust to repay their loan. It is a tough situation.â⬠(Saft, 2007 pg.4) 12,000 people, along with the others who worked for lenders who are now out of business, have suffered the same fate. This is the result of individuals who have taken out a loan that they never should have had in the first place. When a mortgage is foreclosed upon, it is not only the individual who losses. The lender looses tens of thousands of dollars, sometimes hundreds of thousands of dollars, on the life of the loan. Also, lenders who have what the Federal Reserve regards as too many defaulted loans, and that lender can be shut down and find themselves out of business. Another negative aspect to the loss of 12,000 jobs from Countrywide, as well as the other lost jobs in the lending institution is the effect that it has on the stock market. The stock market and the study of it is a very complex thing. Many times, a business can meet its quarter estimates and enjoy a steady profit; its P/E ratio is superior to others in that field and yet their stock price continues to struggle and millions of dollars in investorââ¬â¢s money, is lost. All of the above mentioned factors are important factors in deciding if this is a stock which one should invest in. However, the Dow, NASDAQ and S P are indexes which, to some degree, is based upon speculation and perception. On July 19, 2007 the Dow hit a record high of 14,000. By August 15th, the Dow had fallen below 13,000 and as a result, billions of dollars was lost. (wwwcbsmarketwatch.com) Such a decrease has happened before but such is rare. ââ¬Å"The current losses in the stock market cannot be considered a self imposed correction. It is a direct result from the mortgage crisis.â⬠(Rudd, 2007) The news of the sub prime mortgage meltdown has resulted in the average investor taking out millions of dollars of his own money. When there is an extended period of high levels of selling, this will lead to a bear market in which an extended bear market will often times lead to a recession. The current American economy is not there yet and the news that the Federal Reserve will cut interest rates will stem the tide of such things coming to reality. However, such negative news only hurts the economy as a whole and the major indexes can expect to take a major hit in the short as well as long term. This results in a depletion of billions of dollars of individualsââ¬â¢ hard earned money. A third way in which the sub prime mortgage fall out effects people who themselves are not in danger of defaulting on their loan, is the ways in which foreclosures affect the property values of the homes within a neighborhood. For many individuals, their home will be the most expensive investment that they will ever make in their lifetime. When home owners feel that their property values are decreasing, often times, this will increase the rapidity in which they will seek to move. A decrease of 10% or even 5%à in the individualââ¬â¢s property value is often times, enough of a stimuli to incite the individual to move. Those who cannot move or who cannot find a buyer for their homes, are stuck with the loss. How does this happen? There are many factors which appraisers take into effect when deciding a homeââ¬â¢s value. One of the important factors is the % of vacant ( foreclosed)à homes in the neighborhood. Prospective new home buyers will be steered away from such neighborhoods as it is a sign of an economically depressed neighborhood and the possibility of their own homeââ¬â¢s value increasing, is minimal. An average American will move at least 3 times in their life. That means, that there is a 66% chance that their home will be seen and used as an investment as well as a home in which to live. A home bought at $100,000 with even the remotest possibility of one day being valued at less than the purchase price, is often times enough of a reason not to buy that home and to generally steer clear of that neighborhood entirely or to rent for a longer period of time. This last aspect is detrimental to the city as the loss of property taxes hits the budget hard and impedes the services which the city is able to provide. The effect that the sub prime mortgage fall out has is mental as well as monetary. Many potential home buyers, those with superior credit, are simply postponing any purchases and is prompted to simply wait out the storm. ââ¬Å"Showings are down, contracts written are down and sellers are just as backed away as buyers are. This from Lou Barnes, a partner in mortgage bankingà with Boulder West Financial in Bouler, Colorado. Barnes continues to comment: ââ¬Å"I think the psychological damage is worse than the financial damage which is already bad enough. Even for buyers who have plenty of cash can easily afford higher mortgage rates, the sudden change in the financing environment reduces the desire to buy a house unless you really have to.â⬠(Donn 2007 pg. 3) This idea goes back to the concept that a home purchase is seen as an investment as much as a domicile. The self imposed prevention of potential buyers who have superior credit scores to buy homes, hurts the local economy and the businesses in the area. The negative effects of the housing fall out are intertwined, one depending upon the other. Another way the sub prime mortgage affects the economy is in the fallout. Sub prime mortgages, in a utopian world, would give individuals a second change at improving their credit scores and disallowing their credit mistakes of the past, from preventing them from one day buying a house. Many times, credit problems occur when an individual is in college. Generally, the maturity needed to fully appreciate the concepts of long term results to their immediate actions are void in their mindset. Money is tight and credit cards are readily available. As a result, many credit cards are charged to their limit until eventually the bill goes to collections and is reported to the credit bureau. Hopefully, that individual, upon graduating from college and being removed from the situation for a couple of years, matures to the degree that such occurrences would never again happen. However, without the existence of a sub prime mortgage, that individual would not be allowed to buy a home for years; until his or her credit score was improved to the new guidelines of a 660 FICO score from a previous 620 guideline. (Saft, 2007 pg. 2) Those who bought their home at the beginning of the year and who had less than perfect credit with incomes on the brink of the cut off point for their mortgage, could not have bought a home any later. The same young couple who goes to buy a house six months from now when the new guidelines are put in place in order to help avoid another fall out, will be forced to rent for another year or two before they can receive clearance for a loan. One of the most lasting as well as immediate effects upon the mortgage industry and those who depend upon it, are the lending practices. Economist Mark Doms states: ââ¬Å"The sharp rise in delinquency rates on sub prime residential mortgages has raised concerns about credit underwriting practices and economic distress among borrowers and has drawn the attention of policy makers at the Fed and elsewhere.â⬠(Doms 2007 pg. 3) This observation can equate to an effect upon possibly millions of Americans who were planning to buy a home in the next calendar year. This, as Mark Doms states, will have lasting effects. ââ¬Å"Two of the potential channels through which house price appreciation may affect the sub prime delinquency rate that we suggest, are the incentive to protect home equity associated with recent appreciation in house prices on the demand for housing.â⬠(Donn, 2007 pg. 3) Such observations will most likely come to fruition in the immediate future as it will be observed that the complete fall out from the sub prime mortgage crisis is yet to be fully realized. John Moutlon, former CEO of Americanà Mortgage Group stated the situation the best when he said: ââ¬Å"It feels like this is just the tip of the iceberg and no one knows how it will shake out. We are trying to anticipate guideline changes.â⬠(Myers, 2007) These are the real effects of the sub prime mortgage fallout; in the ways that it affects the average American man and woman. As an example, the story of two families highlights the real results of the mortgage meltdown. The real story of the sub prime mortgage is the effect that it has on the economy when these loans, on a wide scale, default and millions of individuals are affected. The Laird Family in Central Illinois was a new couple just starting out. Both parents worked but had modest jobs as the job market was not very strong in their area. The father, John was 25 and the mother Marie, was 23. They had a two year old child and were renting for the past 3 years together. Both had credit scores near 600 and their mortgage from a home that they were wanting to buy, would constitute 30% of their total monthly income. The price of the home was $140,000 with a $673 monthly mortgage payment. (Berry, 2007 pg C4) Their credit scores was not high and as a result, they were forced to pay a higher interest rate. However, they were sure that such a payment could be reached. They bought their home in May of 2007, just weeks before the mortgage meltdown. ââ¬Å"I cant believe the timing. I am so fortunate. We both have poor credit scores and I doubt that weââ¬â¢d be able to secure a mortgage that was not sub primeâ⬠(Berry 2007 pg. C4) states John Laird. Their story was an American success story. However, those who came after John and who found themselves in similar situations, were not so lucky. In Oakland, California where the median home price is more than $400,000, homes are hard come by for those who are not very rich and who either have great credit or can put down a sizable down payment. This was not the case for Hector Esperanza. He earned a nice living at the age of 30 but the time when he first came to America as a legal citizen, were not so smooth. He ran up one unpaid bill after another and routinely had bill collectors calling him. In the last 3 years, he cleaned up his act and remained current on all of his bills. He then wants to buy a house for what is in comparison, a low purchase price of $228,000. His credit score was 615; right on the cusp of the old requirements but now, as a result of the mortgage meltdown in which lenders are now very nervous to approve such high risk loans, Hector was denied. His monthly payments would only constitute 25% of his monthly income. However, with the advent of stricter lending policies, Hector was seen as too much of a high risk. The sad state of affairs is that Hector is no longer the exception. The housing market is revolved around timing. No where has this become truer than in todayââ¬â¢s current housing market. However, ââ¬Å"prospective buyers are not interested in the appreciation in value that their homes could bring. Now, they are only wanting the chance to buy a home at all.â⬠(Stempel, 2007) As a result, there have come from this current situation, some real and sobering numbers which affect millions of people. When viewing these statistics, it would behoove the lending industry to realize that this equates into many individuals who are severely affected. The forecast for the 2007 Housing market is bearish at best. It is expected that: there will be a decrease of 23% in single family home purchases. 22% decrease in the number of new homes being built and 44% of building companies reporting that their business has been affected in an adverse way and that 78% of the largest building companies have bee affected by the sub prime mortgage meltdown.à 13% decline in the real Residential Fixed investment as well as a modest slippage in the real value of residential remodeling. (Christie, 2007) However, the full brunt of the sub prime mortgage meltdown, sadly, is yet to be realized. The worst may be on its way The current sub prime mortgage crisis is an example of how the few can ruin it for the many. Not everyone who has less than perfect credit would become a risk when buying a home. Everyone makes mistakes and those who have credit scores that are on the brink of the cut off, should be given the opportunity to own their own home. However, when lenders give $200,000 mortgage loans to individuals who have credit scores less than 550 and who clearly cannot afford the monthly payments, it ruins the entire housing market and hurts the potential and legitimate home buyers from owning a small piece of the American dream. Those people are now forced to rent. Less money is going to the city through taxes and a higher level of frustration is prevalent among millions of potential, first time home buyers who simply came to the table a few months too late. The sub prime market is relatively new and barely even existed just ten short years ago. The existence of the sub prime mortgage is a testament to the financial beliefs of the average American. Immediate gratification is what is popular and in buying the largest house, not because such extravagance is really needed but as a show of status is the motivation behind such purchases. The median home price in San Francisco is a staggering $1.1 million. (Donn 2007)à The buyers of these home can be divided up into two distinct groups;à those who can easily afford such prices and those who will go bankrupt in the attempt to do so. For the latter group, up until recently, have had no problem finding lenders who are hungry for their business. The fall out has come and personal responsibility, both for the individual as well as the lender has finally come full circle and forced the members of Congress, the construction industry, real estate agents and prospective buyers have been forced to take notice. As it was stated earlier, many feel as though this is the tip of the iceberg and future problems are only around the corner. The fact that the Federal reserve on September 19th, 2007, announced that they were going to cut interest rates provides some solace to the current mortgage crisis. Only time will tell if it will be too little and too late and what permanent changes will come out of this crisis in responsible lending practices. WORKS CITED Berry, J Predatory Loan Practice Lead to Mortgage Fallout. Chicago Tribune Business September 1, 2007 Christie, Les Subprime Blame Game www.cnnmoney.com Aired April 20, 2007 Doan, Mark. Home Prices and Subprime Mortgage Delinquencies. The Federal Reserve Bank of San Francisco www.frbsf.org Downloaded September 18, 2007 Myers, J Subprime and Shockwaves Bloomberg TV Aired July 19, 2007 Robb, G. Fraud in Subprime Loans www.cbsmarketwatch.com Retrieved September 17, 2007 Saft, J. Subprime Mortgage rap tars Good Consumers, Economy.à www.reuters.com Downloaded September 17, 2007 Seiders, D. Fedà Surveys Subprime Mortgage Effects. www.nbnnews.com/eyeonecon/issues/2007 Downloaded September 15, 2007 Stempel, J. Countrywide Plunges on Downgrade. Bankrupcy feared. Reuters August 15, 2007 Fed Cuts Interest Rate http://www.wbbm780.com/pages/962665.php?contentType=4contentId=931793 Downloaded Septe How to cite Mortgage, Essay examples
Saturday, December 7, 2019
Ascension Health Comparative Study of Hospital
Question: Discuss about the Ascension Health for Comparative Study of Hospital. Answer: Introduction I work in a subsidiary of Ascension, named as Ascension Health. It is a non-profit organization situated in United States and is also one of the worlds largest Catholic Health care system owning about 131 hospitals (Hapenney, S. S., 2011). Mission, Values And Vision According to the company the mission and vision is the base of their work. This guides the employees to work hard and be dedicated to serve the needy with care and affection (Hendrich, A., 2007). Mission: The mission of the organization is to be rooted to the loving nature and serve all needy with care, affection and equality. This organization is spiritually dedicated for the improvement of the health of the society along with the individuals. Vision: The organization, envisions becoming an energetic Catholic Health Ministry which will lead to the transformation of the health care service. It ensures commitment to the health of the communities as well as the individuals who are in need. It views the expansion of the role of congregation in the region of both leadership and sponsorship. Values: The organization values proper service to the poor, wisdom, dedication, creativity, integrity and reverence. While thinking about the mission of the organization. To far extend it is moving towards the mission. The services and care provided to the people are as promised and according to the ethics of the organization. But in some sectors it is lacking as it is focusing mostly on expanding the organization rather in taking care of the employees. As employees are the main assets of the organization, the company should involve some funds in increasing the pay scale of the organization. In case of the vision, it is moving correctly towards achieving the goals. Organisation Structure Below is a view of Ascension organization, which includes the health ministry, sponsors, parent system, and subsidiaries. Within the company, the CEOs give instructions which come down through different levels, finally to the daily working staff. The physician leadership council, clinical leadership forum and the chief nursing officer forum, meets together and discuss about the agenda of what to do and what not to do. These are transferred to the team leaders through the CEOs. After that the team leaders provide this information to different sections of the team to carry out the functions. Reporting about the progress of the work will also go in the same way but in reverse direction (Georgopoulos, B. S., 1986). The hierarchical structure helps in maintaining the importance and respects between different levels. This also gives a sense of responsibility to the people of different levels. But along with the pros there are also some cons. The hierarchy system increases the workloads at the lower levels and also increases a feeling of rivalry between the levels. In this organization the nursing has a higher responsibility due to the increased number of patients as well as expanded business. A health care centre depends mostly on its services and care provided to the patients, and all these can only be done by the nursing department (Answering the call to care., 2015). This department also shares the same mission and vision as the main organization and performs all the works to make the company accomplish its goals. Nursing acts as the backbone of the organization. Conclusion From all the above discussion it can be concluded that, nursing are the most important part of a health organization. But some issues occur due to the workload and low wages, which sometimes make the management of the organization unorganized. So the organization should take care of all the departments equally. References Answering the call to care. (2015, February 03). Retrieved July 21, 2016, from https://www.ascensionhealth.org/nursing/#/nursing-connection-to-mission Georgopoulos, B. S. (1986). Organizational structure, problem solving, and effectiveness: A comparative study of hospital emergency services. Jossey-Bass. Hapenney, S. S. (2011). Appeal to conscience clauses in the face of divergent practices among Catholic hospitals (Doctoral dissertation). Hendrich, A., Tersigni, A. R., Jeffcoat, S., Barnett, C. J., Brideau, L. P., Pryor, D. (2007). The Ascension Health journey to zero: lessons learned and leadership perspectives. The Joint Commission Journal on Quality and Patient Safety, 33(12), 739-749.
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