Bank Bailout 2008

Bank Bailout Outline I. Introduction II. Background III. Opposition’s point 1, refute, 1st support for thesis. a. Credit Card Act of 2009 b. No Change at all, Banks still operating the same way IV. Opposition’s point 2, refute, 2nd support for thesis. a. Creation of TARP b. $12. 2 trillion dollars of tax dollars were spent wrong c. TARP allowed many banks to allow credit again d. A majority of banks have paid back TARP money e. After TARP, Economy boosted V. Opposition’s point 3, refute, 3rd support for thesis a. Toxic assets cannot be removed easily b. Government takes more cost, then expects c.Economy will decline with removal of assets VI. 4th support for thesis a. Increased national debt b. Politicians were forced to sign this bill c. No solving of problems â€Å"Let’s hope we are all wealthy and retired by this house of cards falters† (Bloomberg, 2007). The credit crisis is known as the â€Å"House of Cards†, for years the banking indust ry has transformed many American lives, which has resulted in a troublesome economy. Many factors led to the credit crisis, such as the rise and fall of the housing market, and inaccurate credit ratings helped to create the sub-prime mortgage crisis (Issues & Controversies, 2010).Low interest rates developed easy credit, in which people could get a mortgage and credit cards based on inaccurate credit ratings with the creation of sub-prime mortgages. People have the ability to own a home, with no down payment or fixed income. In August of 2007, the United States began a loss of confidence in securitized mortgages, which resulted in the Federal Reserve injecting $20 trillion dollars into the financial markets to ease the situation (â€Å"Obama Sends Warning to Big Banks, 2010).The most important question to be answered in the decade is â€Å"How a loss of $500 billion dollars from the sub-prime mortgage resulted in a $20 trillion dollar loss in equity values and an entire shock to t he world’s financial system† (Woellert & Kopecki, 2007). The United States government should not have given the financial institutions bailout money, because financial institutions using loop holes in the system to take advantage of their clients, financial institutions operations have stayed the same, and the government’s belief of a tree market economy goes against the bailout.The credit crisis is a â€Å"worldwide financial fiasco, which resulting from sub-prime mortgages, Collateralized Debit Obligations, Frozen credit markets, and credit default swaps† (Jarvis, 2009). The credit crisis brings two people together, people on Main Street and investors. The people on Main Street represent their mortgages or houses, while investors represent their money, which also represents big institutions such as pension funds, insurance companies, mutual funds; sovereign funds (Jarvis, 2009). These groups brought through the financial system, composed of banks and bro kers on Wall Street.As a result of the September 11th attack, Chairman Allen Greenspan lowered interest rates only to 1%, to allow credit to flow; however, investors have a very low return on investment (Snow, 2008). By lowering interest rates, it allows for banks to only borrow money from the Federal Government for 1% plus the surpluses from the Asian and Middle East market, which makes borrowing money easy for banks and to allow leverage (Adding up the Government’s Total Bailout Tab, 2009). The definition of leverage is, â€Å"borrowing money to amplify the outcome of a deal† and is a major way banks make their money (Princeton University, 2010).Wall Street takes out a majority of loans and uses leverage to their advantage, and a heavy flow of capital comes in. In which return, they pay back their original investment. The investors notice that Wall Street is making money very fast, and they want to create a new product to sell to Wall Street. The mortgage connects th e home buyer with a mortgage lender on Wall Street who gives them a mortgage, which is great because housing prices throughout America have been rising (â€Å"Bailed out banks†, 2010).The mortgage lender gets a call from an investment banker who wants to buy the mortgage; and the lender sells it to him, and the investment brokers buys thousands of mortgages. Every month the investment banker gets the payments from all the mortgages that he purchased from the box and cuts the box into three slices â€Å"Safe, Ok and Risky†, and then he packs the slices into the box and calls it a Collateralized debt obligation or â€Å"CDO† (Woellert & Kopecki, 2007).However, greed has risen to the investment banker and wants’ more mortgages; however, the lender does not have any more mortgages to sell, because everyone who has qualified for a mortgage already has one; and the birth of the sub-prime mortgage is born. With a standard loan, the homeowner had to prove his wor th of a home, such as a job, good standing citizen, and assets. However, with a subprime mortgage, it was basically like free money. The person did not have to state their income, nor prove that you had a job.The investment banker and the lender are taking a risk, because if a home owner defaults on their mortgage, the lender gets the house and sells the house for a profit because home values have been increasing (Issues & Controversies, 2010). While home values have been increasing, American incomes have been plummeting for years; and because of sub-prime mortgages, the person did not have to prove income, a person with a $30 thousand dollar income; could own a $300 thousand dollar home. Many people defaulted on their mortgages, and foreclosures have been on the rise. In the United States, foreclosures were up 81% in 2008 and up 225% from 206†, which equals out to 19 per 1,000 households (CBS News, 2008). Due to there was a huge increase in foreclosures, instead of housing pr ices increasing; the houses values decreased in value very quickly and resulted in more foreclosures. A $300 thousand dollar mortgages was now only worth $75 thousand dollars. So all the mortgages that was in the investment banker CDO, now are worthless, and no one wants’ to take the CDO, and now the CDO is acting like a bomb (Roney, 2007).The investment banker is now panicking because he borrowed millions of dollars to buy the mortgage, and now he cannot get rid of it; however he is not the only one. Thousands of investment bankers throughout the world have CDO’s on their hand (Bailed out banks, 2010). In result the world’s financial system has become frozen, and everyone starts going bankrupt. As a result of the failure, the United States government rolls out a new program called Troubled Asset Relief Program (TARP) to prevent another bank failure.Under the bank bailout, creation of new legislation to protect the consumer has rapidly increased, and supporters of the bank bailout point to the Credit Card Act of 209. Not only were subprime mortgages affected, but due to the freeze in the credit market in the United States government needed a way to regulate the credit card industry, but also to stimulate spending. Under the Credit Card Act of 2009, they require the financial institutions to give the cardholders 45 day’s notice of any interest rate change and financial institutions are prohibited from using misleading terms such as â€Å"prime or fixed rate† (The White House, 2009).With this legislation in place, it protects the consumer from many of the scams that the mortgage industry used as bait to get clients into buying houses they could not afford, using the subprime mortgages (Roney, 2007). But also it allows for Congress to embrace new regulations placed on the financial institutions. The Credit Card Act of 2009 that has become part of the famous bank bailout, however, it has been shown to protect the consumer, and Co ngress will regulate the new rules placed on financial institutions.For example, â€Å"there is no cap on the interest rate the credit card companies can charge†, and while credit card companies cannot increase you interest rate but only if you are late on a payment, â€Å"However future purchases interest rates can be raised with no reason† (White, 2010). The credit card companies have the ability to raise the interest rate on any purchases, while they must still notify you of the higher interest rate, the ballooning of the interest rate can take place at any time.This is exactly the same measures the financial institutions have used to misinform their consumers and â€Å"kick them when they are down† and â€Å"corrupt the middle class of America† (White, 2010). How the subprime mortgage boomed, had to come from the terms that many of the average consumers cannot understand, and a major aftermath of the subprime/credit crisis, occurred when many people d efaulted on their homes and credit cards (Roney, 2007).Then the mortgage and home will not exist for the family any more, and the credit card companies will balloon their interest rate enough so that the card holders will not be able to pay their credit card/mortgage. In which then the financial institution hounds them and attacks them at their core roots and even calls other family members to alert them of the card holder financial problems because they cannot pay their bills. The banking and financial institution have not taken any actions to prevent another credit crisis from happening again.Supporters of the bank bailout, commonly referred to as TARP, argue that the bailout wiped all the bad toxic assets (CDO’s) which were collected as result of the credit crisis and prevented the assets from hurting the financial institutions. The major recipients were Freddie Mac; and Fannie Mae. Both were government owned enterprises which bought a majority of the sub-prime mortgages ( Roney, 2007). Removing the bad assets from the financial institutions will have a positive effect on the economy because it allows banks to start lending again and unfreeze the markets.Under TARP, some mortgages would require the government to rewrite some of the effected loans, effectively putting more Americans into homes that they will be able to afford and by rewriting the loans also increase the standard of living. John Douglas, general counsel at the FDIC, said, â€Å"It doesn’t make sense to give the authority to anybody else but the FDIC†; he goes on to say â€Å"That’s what the FDIC does, it takes the bad assets out of the banks and manages them and sells them† (Vekshin & Schmidt, 2009). However, the supporters of the bank bailout do not represent correct/valid points/facts.In a study by the IMF of the 124 banking crisis, they have concluded: Existing empirical research has shown that providing assistance to banks and their borrowers can be count erproductive, resulting in increased losses to banks, which often abuse forbearance to take unproductive risks at government expense. The typical result of forbearance is a deeper hole in the net worth of banks, crippling tax burdens to finance bank bailouts, and even more severe credit supply contraction and economic decline than would have occurred in the absence of forbearance. Valencia & Laeven, 2008) As a result of the IMF study, it has concluded that removing the bad toxic assets from the banks could actually hurt the financial institutions and a system as a whole could freeze the credit markets again with a result of an economic decline, instead of an economic incline. Also there is no definition of a troubled market or loan. If the government wants to rewrite troubled mortgages or loans, there are no set criteria to say whether a mortgage or loan should be taken by the government and given to the troubled family.Another point, as Steward said, â€Å"The only way for this pr ogram to work is for enough of the bad mortgages/loans to be purchased to connivance lenders that the problem mortgages cannot hurt the system, or to put in simple terms, the government has to purchase enough mortgages/loans to inspire intra- institution (Stewart, 2008) Furthermore, the institutions will sell the assets that will remain depressed in value; and â€Å"no one is going to sell a asset that has a higher chance of making the institution money (Obama Sends Warning to Big Banks, 2010). In result, under TARP the government has a high probability of taking a majority of the loss.With the bank bailout, the economy will decline, and the government will take a great loss of the bank bailout. Supporters of the bank bailout will say that if the government did not step in and inject $20 trillion dollars into the market, an economic collapse could have happened and set America into another Great Depression. A heavy incline of unemployment; foreclosures were through the roof, a majo r decline in incomes (Solomon, Enrich, & Hilsenrath, 2009). America was becoming a very sick nation, and the bank bailout would help the economy and stimulate the financial institutions to help start lending and unfreeze the credit market.As one writer wrote, â€Å"there was at no time better to inject the financial institutions at this time, if they collapse it may be the sign of the apocalypse† (Bailed out banks, 2010)/ If there was no bank bailout, there is a major chance that this will be a sign of the apocalypse because the United States drives the world and if the major financial institutions such as Bank of America or Merrill Lynch fails then the world economy could ultimately send the world in to another Great Depression.The major reason that the American government should not have passed the bank bailout was the cost to the government. Under the Bush administration, the national debit doubled to a record high $10 trillion dollars (Solomon, Enrich, & Hilsenrath, 2009) . There are more programs that the government has to pay for such as Social Security. Many economists call this the â€Å"polluter pays† which is defined as â€Å"polluters must pay for the cost of cleaning it up† (Princeton University, 2010).When the financial industry is bailed out of disasters, which a majority of the time throughout history, they have created those disasters. If the banking industry feels like they can be bailed out every time they make a major mistake, then the American people will pay because the bank bailout is directly connected to the taxpayer’s funds (Obama sends warning to Big Banks, 2010).A price tag of $700 billion dollar bailout has hidden costs which can go high as $3 trillion dollars, which can â€Å"be the shortfall between the economies potential output and its actual output from the crisis† (Issues & Controversies, 2010). Another factor in the bank bailout is the morality, because the banks do not pay the costs that are imposed on a world society, which the tax payers pay directly into the banks and then the banks pay back into the government. Also, the political had a major role in deciding to pass the bank bailout.A senator said, â€Å"We had no choice. We had a gun pointed at our heads. Without the bailout, things would have been even worse† (Woellert & Kopecki, 2007). While politicians did not have an actual gun to their head, figuratively speaking because they had a oversight on â€Å"saving the banks and shareholders† or â€Å"have saved the banks but let the bankers and shareholders go† because of the final tap that American tax payer will have to pay to the bailout the banks that created this mess (Solomon, Enrich, & Hilsenrath, 2009).The bank bailout was a major mistake in the evolution of the financial world because it did not solve any problems; people can still be charged higher interest rates on their credit cards/mortgages. With TARP, there is no true removal of the bad assets that caused the credit crisis to form the bank bailouts; it only hurts the government because it has to take on the debt. Truly, we have stroke the core of the American people with the credit crisis, but at the same time the financial world has been given more powers and in a free market enterprise, the credit crisis can happen again at any moment.

Communication Studies Essay

This blog is for students of the Community College of St Vincent & the Grenadines who are to be entered for CAPE Communication Studies examination in May 2008. The blog contains information about the course syllabus, administration and assignments as well as the course content. Wednesday, March 05, 2008 The expository presentation for CAPE Communication Studies Internal Assessmblies The presentation has two distinct parts * A FACTUAL presentation on an aspect of your portfolio theme * A presentation about your research including an evaluation of two sources of information used to prepare your factual presentation. It will have all the following 6 elements present 1. An introduction (statement of topic) In the introduction you will give a brief explanation of topic/ theme and a preview (with a thesis statement) of what you are going to cover. For example. â€Å"My theme is Returning Migrants to St Vincent. Returning migrants or returnees are a group within the population of St Vincent who have spent a significant time away from the island and have then returned to permanently settle again. Returning migrants often are retired from their previous occupation which they pursued in a more developed country such as the United States, Canada or Great Britain or they have been working in another Caribbean state. According to statistics from the Customs Department given to me by Mrs B Chalres in an interview 4361 people claimed the concession for returning residents in 2005. Returning migrants experience 5 phases of adjuststment when returning which can be termed as â€Å"culture shock†.† Theme ; Returning Migrants to St Vincent. a group within the population of St Vincent a significant time away from the island returned to permanently settle retired from their previous occupation (the United States, Canada or Great Britain) OR working in another Caribbean state. Customs Department (Mrs B Charles) â€Å"4361 people claimed the concession for returning residents in 2005†. Returning migrants experience 5 phases of adjustmentwhen returning which can be termed as â€Å"culture shock†. 2. A rationale In the rationale you need to explain why you picked the theme and it can form part of the introduction. In the rationale you should mention any personal interests, current academic links and future career plans which influenced your decision to choose the theme For example I chose the theme returning migrants to St Vincent and specifically to focus on culture shock because I am a wife of a returning migrant. I have a BSc honours in Sociology and the concept of culture shock is part of socio-cultural studies carried out by Kavelo Oberg 1958. In the future I will be submitting my Masters thesis on this specific issue. 3. Discussion of issues The discussion of issues is the factual presentation about the theme and its narrowed focus based on the thesis statement. It should have a distinct organisational pattern and you should aim for one of the expository structures such as cause and effect, process analysis, analysis by division, classification etc (See Writing in English) It should also be referenced and include any research findings. You will also need to give a conclusion to your factual presentation as a sort of sub conclusion don’t wait until the end Here is an example of a possible outline for my example presentation (not all of it). It uses the organisational pattern of process analysis Remember you cannot read from a script! Culture shock 5 phases Honeymoon, rejection/ regression, conformist, assimilation, reverse culture shock Honeymoon Centre for Overseas Travel â€Å"the tourist phase† Questionnaire (300 returning migrants) 78% not feel â€Å"tourist† 82% â€Å"elated† Rejection Oberg – frustration etc Questionnaire 50% wanted to return after 3 months, Reasons, poor service, backward attitude, nothing to do, boring Interview Dr Sheridan Mental health presentations tend to be in 1st 4 months of return. 4. Challenges of research You need to discuss what difficulties you faced in preparing your factual presentation. If you did not have any difficulties then just explain why. For example (in note form) Questionnaires – time consuming, identifying sample, Other sources – no central data on returnees, newspaper articles useful Academic research not on St Vincent 5. Evaluation of two sources For this aspect of the presentation you need to discuss your research. The two sources need not necessarily be given as a reference in the presentation but they should be relevant. You should try to select two different types of data source e.g. a newpaper article and an interview. You may want to very briefly summarise all your sources before evaluating two for reliability and validity. Please see other parts of the blog for information on reliablity and validity. For example (in note form) Secondary sources: academic text books and journals, local and international newspapers and magazines, web sites: international public organisations e.g. Peace Corps general sites e.g. Wikipedia Primary sources interviews of experts in St Vincent questionnaire of returning migrants. Questionnaire of returning migrants Reliable: primary data source, research method suited to collecting data for social research Valid: Problem with sample size as total population of RMs unknown Problem with generalisation as differences between UK, US and other RMs more research needed. Overall reliable and reasonably valid The Experience of Return Migration: A Caribbean Perspective, Joan Phillips and Reliable Denis Conway, Ashgate Press, London 2005 Author expert Phd Social Anthrop. Specialised Caribbean writer – Canada Publisher: reputable, specialst academic main interest Social research Valid Recently published Problem no reference to St Vincent Overall general but very reliable and valid source 6. Conclusion The conclusion should be slightly different to the internal summary conclusion in your discussion of issues. At this stage you can express a personal view or put forward a possible solution. For example (in note form) Returning migrants YES culture shock 3 ways Honeymoon Rejection Conformist NO assimilation Solutions Programme – promote overseas, keep in touch, Information – government FINALLLY See my other post about the reseach using the internet for idea. Make sure that you are aware of the requirements for acceptable notes during the exam and be familiar with the marks scheme – it is not only content that is marked but also presentation skills.

Individual Case Study Assignment (4,000 words) Business Synoptic Essay

Individual Case Study Assignment (4,000 words) Business Synoptic - Essay Example ook at the use of the supply chain management by Wal-Mart to enhance not only its competitive strategy but also its strategic management accounting approach. This is achieved by improving efficiency, having faster distribution and maintaining quality fresh merchandise in all the regional operations. As illustrated in the case study, Wal-Mart has devised two distinct strategic management approaches that are interlinked and hence compatible to the firm’s overall strategy as set by its founder Sam Walton of providing high quality products at affordable prices. These include competitive strategy and strategic management accounting (SMA). There are four major elements involved in Wal-Mart’s strategic management approach. These include situation analysis, strategy formulation, implementation and evaluation (Bivens, 2006). A company’s main competitive strategy is generally based on devising methods that can bring about a competitive advantage to its market segment (Johnson et al, 2006, Pg.242). On the other hand, SMA is concerned with providing and appraising a company with appropriate accounting information on its business operations as well as its rivals that can be utilised strategically in decision-making. According to the Chartered Institute of Management Accountants (CIMA), management accounting is ‘the process of identification, measurement, accumulation, analysis, preparation, interpretation and communication of information used by management to plan, evaluate and control within an entity and to assure appropriate use of and accountability for its resources’ (Caplan, 2004, Pg.1). Irwin and Clark (2006, Pg.2) identify Wal-Mart’s effective utilisation of ‘cost-saving technologies’ and advanced supply chain management is one of the key elements in the firms enviable growth. They also cite Wal-Mart global strategy, which has assisted the firm in its expansion, ease of trading, and technology. Wal-Mart is able to effectively utilise its efficient

Does religion cause war Research Paper Example | Topics and Well Written Essays - 500 words

Does religion cause war - Research Paper Example A major example of this is the Crusades which were expeditions of Christians in Europe during the 12th and 13th centuries for the recovery of Israel (Wiegand, 2011). Although the frontline issue of the Crusade is to rescue the Holy Land of Israel from its perpetrators and for other countries to be converted into the Christian religion; it doesn’t change the fact that this movement caused violence and struggle toward its enemies. They thought that it is appropriate to force people to convert into their religion (Wiegand, 2011). Another recent event which is speculated to be caused by conflicts with religion is the bombings of the World Trade Center (Poole. 2011). Regarding these thoughts, the big question is, does religion really causes war? In this paper, some cases and articles, which relates the concept of religion and war, will be discussed and try to answer the question if the prime mover for the development of war is religion, or is it something else behind it. Religion can be defined as set of beliefs concerning the cause and nature’s purpose of the universe, or the practice of religious beliefs (Poole, 2011). In the definition, the word â€Å"belief† is the key word for religion relies on what people believes in. The religious belief is the basis for the everyday living of a certain individual or group of people. Religious beliefs are the main factors which influences the decision-making and principle an individual have. Hence, many people have the notion that religion is one of the major causes of war. However, I think that this is not always the case for different interpretations and views of several form of religion do not always go about conflict and hence is not always a predisposition to the formation of war. Religion has been entailed in the formation of war since its creation. There are many form of religion which is practiced in the world today. Some

Joseph Stalin Research Paper Example | Topics and Well Written Essays - 2750 words

Joseph Stalin - Research Paper Example For instance, according to statistical estimates provided by Haynes and Husan in their book A Century of State Murder? Death and Policy in Twentieth-Century Russia, if the 1920s mortality rates are to be extrapolated to the 1930s, one has to reach a conclusion that there were about 8.5 million excessive deaths for 1928-1936, and additional 1.5 million for the second part of the decade of the 1930s, making total number of casualties of Stalinism in the 1930s close to 10 million people (Haynes and Husan 65). If one compares the population predictions for the year of 1937 compiled by Soviet Gosplan in the late 1920s (about 181 million people) with the 1937 census’s actual results (i.e. 168.5 million people, further reduced to 167 million by the new 1939 census), it is clear that Soviet population fell by considerable number in the 1930s, as even Stalin’s government was forced to concede (Haynes and Husan 64). This tremendous number of excessive unnatural deaths should be f urther extended by taking into account the number of deaths of Soviet soldiers and citizens in the course of WW II, which, while not entirely caused by Stalin’s military ineptness, were significantly increased by it. In addition, the death rate in Soviet forced labor camps rose to its highest level in the 1940s, with 1.01 million of dead prisoners in 1941-1945 (Haynes and Husan 83). Finally, the 1940s deportations of national groups deemed not loyal to the Soviet regime cost their own share of deaths: almost 300-400.000 are likely to have perished, as the data provided by Pohl testify (2). This means that in all certainty, Stalinism led to deaths of about 20 million people, if the part of wartime deaths is included in overall estimate. Nonetheless, despite the natural aversion that may arise towards Stalin and his system of government when exposed to such information, it is known that memories of Stalinist era are often fondly invoked in modern Russia and, to a lesser extent, in other post-Soviet states. In particular, Putin’s government often uses memories of Stalin’s rule to support its own actions, especially un the field of foreign policy, and the new history textbooks used in Russian schools often include statements of the like that â€Å"Stalin acted ‘entirely rationally’ in executing and imprisoning millions of people in the Gulags† (Stewart). The nature of such fondness for Stalin on the part of Russian authorities is understandable, as the Russian government, while pursuing harsh neo-liberal economic policies, widely employs appeals to ‘Soviet nostalgia’ in its symbolism and external policies. At the same time, a characteristically different kind of ‘popular Stalinism’ exists among the wide strata of Russian society. Exemplified by the policies of ‘red-brown’ Communist Party of Russian Federation, which for all purposes dropped its former Marxist tenets in favor of more op en Russian imperial patriotism and of other, smaller but ideologically similar parties and groupings, this type of ‘Stalinist’ feelings mix nostalgia for the ‘orderly’ society unaffected by market turbulence with strong cultural conservatism and xenophobia. Therefore, despite strong condemnation levied upon Stalinism by Russia’s liberal intelligentsia, Stalinist sentiment, or,

Movies and Movements Essay Example | Topics and Well Written Essays - 1000 words

Movies and Movements - Essay Example Human history is full of moments when collective effort was needed to address public concerns. And the history of films is full of examples when the medium was used to rally collective effort. Such movies never failed to get the attention of people and stir them to action. The ability of movies to influence mass audiences has been made use of for a long time. Since the 30s and the 40s movies were used to glorify western culture, to strengthen religion and faith, to celebrate freedom, to decry communism and collectivism and to extol individual achievement and the American Dream. For many Americans the 1930s was a period of contradiction. What started out as the land of dreams was slowly playing out as a land of nightmares. Democracy, capitalism, individualism and the optimism that was based on them were all proving to be myths. Milk, honey and the good life were all mere dreams; reality was a dire struggle for survival. You simply had to see it to believe that such suffering could have existed in America. (Sutton) In the decades that preceded the 1930s settlers from the North and East flocked to the southern plains lured by the promise of an abundance of fertile soil and a happy life. The first few years looked as if they were on the way to achieving their dream. And then came a period of extended drought, which arguably is the worst drought of America. It was a double whammy of sorts. ... Desperate, many of them had to pack up and leave with their families, in search of work, to provide for their families. "The Dust Bowl was the result of a series of dust storms in the central United States and Canada from 1931 to 1939, caused by decades of inappropriate farming techniques" (Dust Bowl) Although there was both government and private effort to help ease the situation, farming communities were not able to tide things over. "Private charities like the Red Cross also helped, but in general the level of assistance available prior to 1933 was minimal (Gregory 14)". People relocated. Often this relocation was as much a nightmare as their life in the dust bowl. But ultimately true grit and hope in the face of adversity were the qualities helped farmers to weather this period. This is the message that films like "The Grapes of Wrath" carried to the suffering masses. 3 The Grapes of Wrath The film explicitly depicts the socio-economic impact of the Great Depression, and the drought of the 1930s on the thousands of displaced farmers from Oklahoma, Colorado, the Texas Panhandle and Western Kansas farmers in general and one family in particular - the Joads. The opening scene is set in Oklahoma. It shows a figure walking in the distance. The figure is Tom Joad on his way back to his family's sharecropping farm. Tom hitches a ride part of the way and then he encounters Jim Casey on the road sitting under a willow tree. Casey is an ex-preacher and together they head towards Tom's farm. When they reach the decrepit Joad cabin they find nobody there. A few moments later a figure emerges from the shadow. He is Muley Graves one of Tom's neighbors. Muley Graves is an instance of an individual who is so shattered at having lost his land that he is literally

The use of hypnosis in pre-conception and early pregnancy problems Literature review

The use of hypnosis in pre-conception and early pregnancy problems - Literature review Example Stress is one of the main road blocks that develop when a couple is unable to conceive and this further exacerbates the problem. Clinical hypnosis is a way to calm the nerves and make the patient feel like they're in control of the situation. Clinical hypnosis is being used to help women through all stages of conception and pregnancy as discussed in the following lines; Natural Conception: Hopeful parents never turn to IVF before having explored all options in natural conception. About ten percent of the couples having difficulty to conceive are being diagnosed with 'unexplained infertility'. The purpose that hypnosis serves here, has to do with the basic definition of it, it reduces stress and helps clean out the negative thoughts culminating in the couples. It is believed that what we think has an effect on our physical selves, so hypnosis is being used to keep all those fears at bay. In Vitro Fertilization: In Vitro Fertilization is a route that many people take when natural conce ption doesn't work. It's a well known fact that IVF takes a toll physically, emotionally as well as financially. A study conducted by Professor Eliahu Levitas and his team (2004) at Soroka Hospital, Israel,the success rate of IVF treatment can possibly be doubled using various hypnosis techniques. The professor's research was focused on the effect of hypnosis during the embryo transfer. Patients were asked to think of pleasant experiences during the embryo transfer and a hypnotic state was induced by a therapist during the procedure. After the procedure was done, patient was instructed to be calm and positive before breaking the hypnosis. The results of this study indicated that twenty eight percent of the couple undergoing ET with hypnosis had successful implantations as compared to the controls where it was merely 14% (Levitas, 2006:1404-1408). Hyperemesis Gravidarum: Now moving on to early pregnancy problems, one of the most common problems that gets women hospitalized in their f irst trimester is Hyperemesis Gravidarum. "HEG is a clinical diagnosis characterized by severe and intractable vomiting and it often associated with weight loss, ketonuria, dehydration, metabolic alkalosis, and electrolyte disturbances." (Nayeri, 2012:22). It is a serious problem that must be quickly diagnosed and then treated, since it can deteriorate and harm the mother and the foetus if not taken care of. Diagnosis: Diagnosis is done with a 2 tiered approach, physical and chemical. Physical examination should include weight, temperature, blood pressure, heart rate etc but importantly, signs of dehydration should be looked for - like dry mucous membranes and poor skin turgor. Although HEG is diagnosed clinically, some laboratory investigations may be helpful like urine ketones, urine specific gravity and serum electrolytes to detect any derangements in the volume status. Other blood tests can be done to exclude any other diseases (Nayeri, 2012:24). Management: Management of HEG in volves a few objectives, like lessening the nausea, correcting dehydration and any other electrolyte imbalances along with it, and maintaining maternal weight. There are two types of measures that can be taken, pharmacological and non-pharmacological. To start with, considerable evidence has accumulated that intake of multivitamins during the period of conception and

Identity theft Essay Example | Topics and Well Written Essays - 2500 words

Identity theft - Essay Example Personal data like Social security number, credit card number, bank account, etc. are not unique like for instance fingerprints and can be misused when they fall into the wrong hands. In the United States many people have suffered huge losses on account of unauthorized persons withdrawing funds from their bank or financial accounts and very often these persons who have stolen the identity have committed crimes and run huge debts using the victim’s identity. In short a criminal can use an individual’s identity to commit a wide range of crimes such as fraudulent withdrawal of money from banks, apply for credit cards and loans, fraudulent use of telephone calling cards, or buy goods or services which might not have been possible if the criminal had used his name hurry respond to "spam"  ­ or unsolicited email  ­ that request identifying data in the pretext of offering some benefits. Here people do not realize that in many of such cases the person who has requested for personal information has no intention of passing on any benefit to them. However Internet is not the only source. Misplaced or stolen wallets containing credit cards or other personal information, stolen laptops again containing personal data can prove easy targets for identity thefts. To prevent any kind of fraudulent use of one’s identity one must have a security policy and certain guidelines in place about what personal information should not be given to third parties especially through electronic means like the email. The guidelines to be followed are: 1) There should be no personal or financial details in any of the emails sent. 2) Open only those mails that have come from known persons or trusted parties. 3) All suspicious mails should be reported to the conce rned authorities. 4) Online passwords must be changed frequently and passwords that can be easily be hacked, such as those related to birthdays and

Blog Post for Publishing Article Example | Topics and Well Written Essays - 1500 words

Blog Post for Publishing - Article Example China deems to reunite with Taiwan, as Canada wishes Quebec remains intact in the Canadian territory. Between Canada and China however, what is different is the approach that each country is using to achieve the goal of reunification. Most aspects of the differences in approach are seen from a bilingualism and multiculturalism perspective. From the position of China, there is much absence of support for reunification with Taiwan. This notwithstanding, China wants to make the reunification happen. In the light of this, China’s approach is seen by many as a mere invasion of Taiwan. As support for reunification continues to decline and the PRC moves to reclaim Taiwan, Taiwan looks to the US for protection against an invasion by the PRC. The US continues its arms sales to Taiwan as a deterrent to force China to come to a peaceful resolution with Taiwan. Canada’s approach is quite different and so nothing like invasion is suspected. In the context of Quebec’s secession, much of the issue that Canada is troubled with deals with identity, language and culture. While China remains threatened by the US militarily, Canada is threatened in terms of identity, language and culture. This is because should Quebec secede, there is the threat that part of Anglophone Canada may choose to unite with the US as well. Once this happens, the national identity of the people of Quebec will be totally deferred from Canada to America. The French section of Canada will also be excessively strengthened as against the English. What is more, there will be a cultural diversion towards America. From this sense, there is something that Canada can also learn from China when it comes to the defense of its cultural heritage. In the case of China, the country sees the dominance of its cultural heritage within the Asian block as an important determining factor in gaining worldwide recognition in the new world order. It is for this that China wants the numbers from Taiwan

Practice Ethically and Challenge Equality Case Study

Practice Ethically and Challenge Equality - Case Study Example Jane Schulz (2007) argues that ethics is â€Å"a set of moral principles or values†. Discussions regarding the origins of ethics and values have stirred debates in more than one way. It is especially hard to conclude whether they are inherited, learned by experience or both. As a nurse who performs direct patient care in the community, I have witnessed the best and worst of ethical behaviors in both my clients and other health staffs in different settings. On more than one occasion,   I have had to acknowledge my own ethical value system, challenge it, and develop it throughout my life but never so much as I have since I began my nursing career. The reflection will highlight NMC, NOS and produce evidence within the practice evidence criteria, using Gibbs (1988) to help me present my reflection in a natural sequence of events. The framework is iterative and enables me to ask myself a series of questions at stopping points, to help me put the experience in an organized manner. In order to respect the service user’s confidentiality in concordance with the Nursing & Midwifery Council (2004; 2008) code of professional conduct – point 5.1. The author shall refer to the service user as ‘Kendal’ throughout this essay. I first met Kendal in his house in sequence to an internal reference from our team to support him with dental hygiene/health check to follow up with his anxiety medication. He is one of my direct allocated cases; he is from the Caribbean, aged 23 and nonverbal. Kendal uses limited speech and can be very challenging at times. Staffs are unsure of what to do and how to support him as he was found to be harming himself most of the time. Staff thought that he could be expressing dental pain and hence, he was referred to our team. I responded to his needs appropriately by reading out more information to him that were uploaded from previous professionals on FRAMEWORK I.

Advantages of Group Decision-Making Essay Example for Free

Advantages of Group Decision-Making Essay Firstly, group decision making from experts in different areas is beneficial to solve complicate problems. For instance, in a small company, boss often makes suggestions by himself; the result of his behavior relies on the ability of the boss. So there are cases when he can’t make things right, which may be serious fault to the operation of a company. However, people with different backgrounds consider the problems more carefully and comprehensively, as a result, running the company will be in less risk. Secondly, people making decisions in groups are eager to bear more risks individually. Decisions come with risks. People who make the wrong decision will take the responsibility. A contradiction rises up when they attempt to avoid being wrong and at the same time, solve problems correctly. As a result, people will somewhat not dare to make the final decision. Nevertheless, group decision makers can share the risks because each of them has responsibility for the suggestions to the problem. Moreover, individual risks are decreased when some others rectify the suggestion for him or her. 2.Disadvantages of group decision-making Firstly, low efficiency in decision-making, everyone has his own opinions and under certain circumstances such as brainstorming, it costs more time to decide what to do by group decision-making than by personal decision-making. If things go well, the results will come out quickly. But if each of them in a group can’t comprise in the end, nothing will be achieved. For example, there is news from CCTV about the 2012 DOHA Climate Change Conference, †Nearly 200 countries haggling over how to stop climate change and how to pay for it failed to reach a deal on schedule Friday. That sets the stage for the wrangling to continue late into the night.† Things like these are usually occurred when a large number of people attend. Finally, the conference extended until they arrive at an agreement. Secondly, group decision-making will lose effectiveness when people are not likely to put up with suggestions out of some reasons. In such cases, the leader of the group will be the only one who does decision-making, which has no diffidence with personal decision-making. All the members of the group should have equal opportunities and are willing to speak out. Then, group decision-making functions better in dealing with problems.

Technology Infrastructure Essay Example for Free

Technology Infrastructure Essay Information Technology Infrastructure is the integrated framework upon which networks operate. The infrastructure is the physical hardware used to interconnect computers and users or in some cases it is viewed as everything that supports the flow and processing of information, the transmission media, which includes telephone and cable television lines and also the routers, repeaters and other devices that control transmission paths. The software used to send, receive and manage the signals that are transmitted is also part of the infrastructure and should be managed and designed accordingly in other to have an effective network. In this final paper I will assess, compile, update and synthesize all the information that I have collected throughout the 10 weeks. A proposal will then be written to address some problems and deficiencies which were uncovered in the network and what my proposed solution is. Part 1: Network Assessment  The network that I have been characterizing is a small local area network for an Accounting firm in downtown Manhattan. The network will be made up of 14 workstations where 8 will be used for invoice billing, 1 for the manager, 2 for the IT department, 1 for reception the 2 others will be left unused just in case employees from other offices are there on business and need to access work related files. The LAN is being designed with the hope of expansion to another floor in the coming months so provision is made with this in mind. Considering the size of the organization I chose to design a LAN because of it is cost effective, because of the connectivity and communication which allows users to communicate be email with each other, Data Sharing lets the networked computers share data with each other and because Data Security and Management allows the administrator to manage the data better. I also kept in mind that instead of installing software and updates to each individual computer the software can be uploaded to the entire network and dispatched to all computers on said network eliminating time and expenses. Designing this network called for effective Information Technology planning which is a key ingredient in achieving strategic business success when implanting a network or any type of information technology infrastructure. Because the network is comprised of 10 workstations and the manger as well as the CEO will be using laptops I have chosen to use fiber optic instead of regular cable especially due to the amount of noise present in cable communication media with a DSL / Digital Subscriber Line internet connection while incorporating wireless service for laptops and visiting employees as well as those who work from home. Though Fiber-optic seem to be a bit pricy my decision to go with Laser Fiber Optic was based the company needing the computers to be up and running all day and making sure that the lines are secured. Secondly because the company is thinking of expanding to another floor we need the transmission range to maximize, so 100 kilometers as far as transmission range is important. The only other alternative media that I would consider is the thick coaxial cable but we would need to incorporate the use of repeaters after a 100meters when the company is ready to expand. The main issue to consider is how secure this line is which is the reason why Fiber-optic would be the most trusted and efficient. My third reasoning behind choosing fiber again is the potential noise issues which could slow down the network and cause disturbances. Two specific points where I think noise will be present are when employees are working from home trying to connect through the VPN connection in windows XP there can be attenuation issues which is loss of signal strength. The VPN connections allow window XP clients to connect to a VPN remote access server by using PPTP and LT2P network protocols. Secondly with the wireless network infrastructure implemented if too many users are trying to use the same channel (not enough bandwidth to go around) and the adapter settings are not done properly then there are bound to be interruptions with the data transmission, any form of signal issue is a potential for noise. My recommendation to eliminate this issue would be keeping the routers in an area central to the rest of the devices that will be connecting and changing the wireless channel on the router associated with the wireless connection. The key devices needed to put the network together are 2 servers, (one will be used for backup although we are using cloud computing) CAT6 cable, 2 wireless routers / wireless switches, a network adapter and a repeater. All these devices together links up all the local and remote network segments with each other to make data communication flow better. Because of the size of the network there are a number of peripheral, devices applications and data that will be shared by users on the network. Some of the peripheral devices include the router and modem which will be used to connect all the computers, the printers and copiers, scanners for scanning documents and file and folder sharing. Some of the application software shared will be emails, internet and the web browser. Everyone on the network will also share the same operating system which will be windows 7. The document sharing will be shared among the users on the same network because they all will be connected to the main server. When updates need to be made it won’t be sent to individual computers instead it will be sent through the network and server so all computers are updated automatically. Although a license has to be purchased for every user who is using the software on their individual computers everyone will be able to share and use the same program or software on the network as long as they are connected. Because of the partial wireless nature of the network, there are a number of protocols with needed to be implemented. The two protocols that are implemented are PPPoE and PPP. PPPoE stands for Point to Point Protocol over Ethernet and PPP stands for Point to Point Protocol which is a member of the TCP/IP suite of network protocols. PPP is usually used over serial communications like dial-up modem connections. The advancement of technology has brought hackers and cyber-attack at an all-time high, so securing the network deemed a bit challenging especially due to the wireless part which possess security and technical challenges. Some of the security issues include viruses, worms, denial or service, hackers and the list goes on. To secure the data on the LAN I will be implementing Data Encryption Standard which is a commonly used encryption method used to send and receive secure transactions. To avoid and intercept viruses and worms I implemented an antivirus called the Symantec Endpoint Protection. Symantec Endpoint Protection offers great performance and support for virtual environments; antivirus scans are reduced because of layering technologies like insight which lowers the risk of cyber criminals. The third form of security that I have implemented is the use of a firewall. A firewall is a system or combination of systems that supports an access control between two networks so in this case it would be between my LAN and the WAN which is the World Wide Web. A firewall limits users on the internet from accessing certain portions of a corporate network and can limit internal users from accessing various parts of the internet. This is where access control would play a part. Firewalls come in two basic types, packet filters and proxy servers. Packet filters examines all incoming and outgoing transmissions and filter out those transmissions that are deemed illegal. Proxy’s on the other hand are computers running at the entrance to a computer network and acting as a gatekeeper. Finally because of the wireless part of my network I will need to make sure that there is wireless security implemented by making sure that a password is used to long in. The use of WAP (Wi-Fi Protected Access) will be used as the encryption key to keep the wireless segment protected and secured. In relation to physical security I recommend always locking up the server rooms, turning them off will save on power but won’t avoid unauthorized persons from tampering, ensuring that there are good locks on the server door is crucial. Secondly disconnecting and removing computers that are not being used and locking them up is a way to prevent hackers from accessing unsecured computers that are connected to the network. Employees who are out to lunch should also lock their computer to avoid the fellow employee from accessing files that they are not authorized to see. The third physical security option is disabling the drives; If you want to prevent your employees from copying information to a removable media disabling or removing floppy drives, USB ports and any means of connecting to external drives is important. Disk locks can be inserted into floppy drives on the computers that are restricted. The forth physical security I would install is a backup server, not at the current location but somewhere away from the office. In case there is a fire in any of the office or someone messes with any of the computers, the files will be stored at a secure location outside of any of the offices that the company in question has. Network security starts at the physical level, having firewalls won’t deter an intruder who is able to gain physical access to your network and computers’ so locking up well is the key. Although every aspect of the network was addressed there were some issues that came up towards the end of the project right when the company was about to lunch the new system. The 2 deficiencies that came up were related to the hardware which was associated with the physical structure of the network as well as performance issues. Part B: Proposal Document Project Justification: The LAN has the potential to be a great network because it has the potential of expanding into a WAN, so to address the problems which were just discovered I have put together a proposal which is guaranteed to eliminate the hardware and performance issues associated with the connection on the network. It is important that the hardware issues which includes the printers, telephone lines and VPN connectors are dealt with before the new network is completely lunched because not only is invoicing done for clients in the New York, but the office in Tokyo needs to access the same files and need to be able to send documents to the printer/ fax machines with no encumbrance. The current infrastructure’s VPN connection was not configured correctly so during testing it was brought to my knowledge that anyone who would be working from home would have issues getting a connection. Secondly with the installation of the VoIP telephones we realized that the connection was not clear and any long distance calls which went over 5 minutes would be disconnected. The performance issues which had been a problem from conception stemmed from me not taking into consideration the applications that were going to run on the network and the use of a hub instead of a switch.

LOreal Strategic Management Change

LOreal Strategic Management Change 1. INTRODUCTION. During the last years the organizations have been going through a process of expanding their barriers to reach new markets across the globe, this process in known as globalization, this describes the process by which societies, cultures, and economies happen to be integrated creating a massive market all over the world in which different companies can be part of. The following report was made upon LOreal analyzing how every acquisition made by the company was a fundamental part to become the leader and biggest cosmetic company in the beauty industry, how did they enter the US market by acquiring the main US brands at that particular time, and finally it will analyze their implemented strategies and market challenges showing how new strategic partners can make possible growth through globalization. The centre of attention of the report will be focused on the internal and external influences to LOreal, and how globalization could affect policies and decisions made by the company. LOreal was created by Eugene Schueller in France 1907 and named after his first product LAureole, the aim of this French chemist was to create the first synthetic hair-color product ever made and then start selling it within France and perhaps some parts of Europe, however, as the time goes by, LOreal positioned as the leader in European hair color market and skin care, but this wasnt good enough for them, as they wanted to reach new markets as the American, and Asian, therefore, LOreal made certain acquisitions, as well as the implementation of new market strategies and corporate strategies to successfully reach their goals. 1.1 SWOT ANALYSIS THEORY. Now the first part of the report will be focused on the primary internal and external influences that the company is subject to, to be able to analyze this influences, I would like to use the SWOT analysis which is a strategic planning method to identify the internal and external factors that are contributing or retaining the company to achieve their goals, The strengths and weaknesses refer to the company and its products whereas the opportunities and threats are usually taken to be external factors over which the company has no control. SWOT analysis involves understanding and analysing the strengths and weaknesses and identifying threats to the business as well as opportunities in the marketplace. Once that is done, we can then attempt to exploit strengths, overcome the weaknesses, grasp the opportunities and defend the organization against threats. This is one of the most important parts of the planning process. SWOT analysis asks the questions that will enable you to decide whet her your company and the product will really be able to fulfil your plan and what the constraints will be.[1] 1.2 STRENGTHS. LOreal has gone through different types of management from their creator, to the CEO Owen Jones, Jones management style has brought to the company a revolution from a French based cosmetic company to a world leader in the cosmetic industry, LOreal main ability is to acquire local cosmetic brands (Ralph Lauren Fragrances, Helena Rubinstein)[2] re-arrange their operational strategy and finally place them in a better location among the competitors, their brand management has been a massive tool to position LOreal in the place they are, as every single product and brand they manage is aiming to an specific segment of the different markets, rather than placing their products indiscriminately as every market has a different demand to be supplied. Another strength of LOreal that can be clearly identified is their patent desire to invest in Research and Development, with this we can assure that LOreal is an organization that is looking forward to implement the latest technology in all their products so that they can efficiently satisfy all their customer needs. They spent and average of 3% of their revenue in R D, when the average of the industry is less than 2%[3], LOreal is aware that in the days we live in, any advance in technology represents a competitive advantage and subsequently thats the best manner to own a market. LOreal has also shown their strength when it gets to marketing campaigns as they know that in order to be successful internationally you must be flexible and able to adapt to new environments, and to be more specific you must e able to produce exactly what a customer is demanding, which is the case of Savannah-Based Carson, which had a 35% share of the US ethnic hair care market and established presence in South Africa, this market has an estimated value of 1 billion dollars, according to LOreals product manager â€Å"You cant pretend to be No 1 in the world and forget about 1 billion consumers of African origin†[4] 1.3 WEAKNESSES. Now to look at the weaknesses of the company, even with the success of the globalization impact, LOreal havent done so much to diversify their products, rather than that, they have focused all their efforts in developing products for the main areas the work on (hair, skin, make up, and perfume). With the US brands acquisition, LOreal split into 3 main product divisions, consumer, professional, and luxury, in his objective to be the world leader in the beauty industry, CEO Jones has focused his efforts on the consumer brands as they are easier to retail, and relatively less expensive therefore is not that hard to build up a reliable data base, however the other 2 areas are very important as well an eventually if they focused their efforts on improving either one or even both of them the response may be positive and subsequently they will be able to reach a bigger portion of the market.[5] Another weakness of the company, and is commonly seen in this kind of organizations is the decentralized organizational structure, with this I am referring to the flow of information and control of the company due to many subdivision, this could affect the production level of the company because of the need of giving reference the other members of the board and directors of the company. 1.4 OPORTUNYTIES. Due to the good performance of LOreal, they have had certain opportunities which they knew how to use, for example the market in Africa, as they had the vision to recognize the enormous potential of this market, now LOreal is the leader of this segment, which wasnt very attractive to the competitors, at the first stage because they didnt know that people in Africa may be interested in this sort of products which lead them to lose interest for this segment and as a consequence LOreal settle down as the leader of the industry by implementing their acquiring strategy along with specific marketing strategies, basically, LOreal realized that the main thing to take over Africa was to develop a product which completely satisfy the population , due to this, LOreal invest in a multi million dollar research and development facility in Chicago to focus exclusively on the hair and skin needs of the people of African-American descent.[6] As stated before another big opportunity for LOreal to grow is to focus more on their line of dermocosmetics (anti-aging), as this area has a very small portion of the revenue and considering the research network they have, it would be interesting if the focused their efforts to create a new anti-aging product at affordable price and distributed through their channels to reach a bigger population. LOreal being the world leader of the beauty industry could diversify trying to enter new markets such like the clothing taking advantage of their well known name as they already have a strong influence over the new trends of fashion in terms of make up, hair and skin care. 1.5 THREATS. In relation to the threats and challenges, even that LOreal is the market world leader; there are some competitors in the industry and competitors for every single product division of LOreal (consumer professional luxury), competitors like Estee Lauder, Proctor Gamble, Revlon, and Max Factor, specially for the Japan market, which is the market that LOreal is aiming to control. LOreal is the world leader in the industry, however their competitors have been able to strategic place some of their products in the actual market, reason why LOreal is considering acquiring an other brand (Nivea) so that they can gain a better position in the European market. 1.6 SWOT MATRIX STRENGTHS * The ability to acquire new brands and transform then into new market leaders WEAKNESSES * Lack of diversity on their product catalogue OPPORTUNITIES * As they have all the knowledge and capacity they are able to explode new markets such like the African market THREATS * Some other competitors in the industry that currently are stronger in some other segments of the market like in Asia Now that the SWOT analysis has been done, its clear that the reason of success of LOreal is the focus they have implemented on their strategies, as they have been able to identify internal and external influences that gives them a competitive advantage over the rest of the competitors in the industry, as they know exactly where do they want to be, how are the going to achieve their goals, and what is the best way to get to that desire success. Profit margins are easily destroyed when companies focus on internal issues versus the external conditions that affect customers. Revenue comes from the outside, from customers buying products or services, not from implementing new technology, re-engineering business processes or building great teams. Focusing on external forces increases the bottom line. In fact, by shifting to an external focus, companies can often increase profits from 5 to 10 percent. An external focus, however, means more than just gathering competitive and market intelligence. It takes more than empty customer-centred rhetoric. It starts with the CEO and requires core behaviours to focus on where the money comes from.[7] 2. GLOBALIZATION. The second part of this report will be analyzing the following topics: * The impact of globalization in the organization. * How does it affect their policies and decision making, * How effective has LOreal been according to this new situation. 2.1 CONCEPT OF GLOBALIZATION As stated in Time International (1999), globalization means that countries, economies, companies or people in general are coming closer together. This is not because they are forced to do so, but because they want to do so. In fact they want so much to come closer to others that they cannot help themselves. As worldwide communications get better, information, technology, people and financial flows move faster. The cultural assumptions and premises of democracy and free markets spread and become more readily accepted. This very attractive and almost irresistible globalization process becomes more widespread[8]. Friedman (2000) states that the driving force behind globalization is free market capitalism, which uses free trade and competition to create virtual rulers of the world markets. These very powerful capitalists make economies to increase and be efficient. With the opening up of world markets, globalization has become a major force shaping both management theory and practice. Forces of globalization have been accelerating and, as such, are shaping policies and behaviours of nation states as well as corporate entities all over the world.[9] 2.2 How did LOreal become the biggest beauty company? The acquisition strategy implemented by LOreal guide them to be the world leader company in the beauty industry; all these US acquisition they made created a sub division within their products catalogue, consumer, professional, and luxury, LOreals success is a clear example of how to implement a corporate strategy and manage a brand internationally to achieve a massive growth even when the market they sell their products in isnt very steady, the key was to understand and successfully satisfy the needs of every customer through its products like they did with the Wet Lipstick in Japan, or the Research and Development process they carry out to satisfy the afro-American customer needs. LOreal has the capacity to reach more people across the world than any other beauty company thanks to their distribution channels and also is able to generate a bigger income rather than other companies due to their big products catalogue. 2.3 The Acquisition process. As stated in the case, the success of LOreal was achieved thanks to all the acquisitions made through out the world and especially in the US, all the process began by acquiring Ralph Lauren, and Helena Rubinstein which was a cosmetic maker with international distribution, after five years of negotiating process LOreal took full ownership of both companies. The next acquisition of the company was Redken in 1994 however the new products launched under LOreals ownership werent successful so they decide to rename the company to Redken 5th Avenue NY. Following their process the next company to be acquired was Maybelline which was the third largest company completely based in the US and it was very attractive due to their anti-aging line that was very eye-catching to young population, in the market this is very representative for LOreal as this will bring a new image to the company renewing the old French fashion, turning it into a fresh young image. Soft Sheen and Carson was a key element in the acquisition process as they brought a whole new market to the company that hasnt been taken care of because the current competitors didnt realize that that segment of the population may be interested in this sort of products, and in addition LOreal invested 3% of their revenues in research and development to create a new product specially for them. In the 2000 LOreal bought Matrix focusing on their professional line supplying the need of hairdressers and beauty saloons with a high quality standart. The most important acquisition made by LOreal was made in the 2000, they bought Kielhs after a three year countership, the owners finally agreed to sell their company after they realize that they couldnt meet the demand, however some of the employees werent very happy about the new acquisition as they thought that the company wont have any independence left after LOreals take over, this new acquisition was very important for the company as Kielhs could bring a better position related to the store high-end segment of the business. 2.4 WHAT WAS THE ROLE OF ACQUISITIONS IN THIS GROWTH? The prospect of increasing profitability and market share by acquisitions continues to exercise a more seductive and immediate appeal to business leaders than a reliance on growth alone. There has always been a substratum of mergers, acquisitions and, indeed, divestments in all developed economies. However, the extent of this depends on the buoyancy of the economy. The periodic rise and fall of such activity has heightened debate among managers, academics, politicians, and regulators about acquisition activity and their benefits, as well as ethical considerations (Vinten, 1992). Mergers and acquisitions (MA) have a unique potential to transform firms, and to contribute to corporate renewal (Angwin, 2001). They can help a firm renew its market position at a speed not achievable through internal development (Haspeslagh and Jemison, 1991; Harrison, 2002). [10] Value creation is the important objective in successful acquisitions. Yet, empirical and other studies continue to highlight the low success rates associated with acquisitions. No matter how attractive is the business opportunity associated with an acquisition process, value is not created until capabilities are transferred, and people from both organisations collaborate in order to create the expected benefits and the unpredicted opportunities. This collaboration relies on the will and ability of managers from both organisations to work together towards a new future. The key to integration is to obtain the participation of the people involved without compromising the strategic task. Finding similar organisational cultures and management styles has become a common panacea for avoiding employee dissatisfaction that could undermine MA performance. Different authors agree that it is important to consider cultural compatibility as a criterion for screening potential candidates for MA. On the other hand, managing the cultural differences has been proved as a more realistic and successful strategy in integration processes than finding the ideal culture fit. Buono and Bowditch consider that successful integration can be achieved even between diversified organisational cultures. This viewpoint is adopted in this exploratory study. It examines the strategies being used by executives that encourage employees diversity tolerance while allowing for learning to occur within parent and acquired firm. It looks at the strategies the firms implemented to facilitate the units to work together, and integrative practices involving firms within the same industry but from different countries and contrasting corporate values. In bringing together firms with different skills and knowledge bases, acquisitions create unique learning opportunities for the partner firms. As recently argued by management researchers, knowledge and the capacity to create, transfer, transform and utilise it are the most important sources of a firms sustainable competitive advantage[11]. Acquisitions have played a very important role in LOreals growth, particularly in their expansion through out the world, the more companies the acquire the bigger LOreal was getting as well as their profit, in 1996 they bought Maybelline for $758 million dollars and began a complete restructuration of the brand, starting from moving the headquarters within the USA. With all the restructuration LOreals CEO Owen Jones successfully achieved to reach from 3% to 15% on the nail market, they have also raise their sales in nearly a 100% and positioned Maybelline in over 70 countries. Globalization has had a very positive impact over LOreal as due to this they had the need to reorganize their company making some sort of decisions like relocating their headquarter for the USA operations in Chicago so that they can have control of all the operations taking place in America in a central place where they can keep track of all their progress, this has also brought another issue related to globalization which is the technology, LOreal has invested 3% of their revenue in developing new products where the average of investment in this field in the industry is around 2%, technology has also brought new channels of communication where they can easily be in touch within the company and also they have been able to use cost-efficient distribution channels thanks to their acquisition of Soft sheen-Carson as they had developed cheap delivery systems. 2.5 LOREAL EFFECTIVENESS LOreal has been going through a massive change since their beginning as they started their business creating a synthetic hair-color product to be sold in France and probably around Europe, the response of the people to the product was so good that the company decided to enter the beauty market, diversifying their product catalogue not only to hair care but to skin care as well, with the result of being the market leader. However the effectiveness of the company is not very clear at this stage as the product by itself cant guarantee the success of the company, instead of that, a good strategic management along with a visionary CEO can bring a major strength to the organization and will build confidence within the company to achieve their goals as they stated at the beginning, well, this is the case we are analyzing, as previously stated, CEO Owen Jones had the vision to expand the boundaries of the company by acquiring strategic partners that can contribute to a massive growth for LOr eal, his leadership enables him to see and opportunity of expansion taking advantage of the globalization boom and his vision of opportunities where the competitors didnt see anything was a key to succeed in some parts of the world, LOreal was bright enough to understand that the needs or likes of the people in America were not the same as the people in Asia or in Africa reason why they decided to create products for every single market and this gave them the opportunity to be the world leaders in the market. After all this facts it is clear that LOreal has had a very effective response to the new changing environment as they are prepared to adapt to new situations and is a company willing to deal with organizational change, this is a enormous benefit for the company as they can easily gain competitive advantage at a low cost of opportunity. 2.6 IMPROVEMENT AREAS. LOreal is the world leader company in the beauty industry thanks to their brilliant management and their products; however there is always a little extra that can be done to reach that additional little piece of the market. In my point of view I would suggest that the company hire an Asian Marketing Manager hopefully with a strong Japanese background in order to be able to completely take over this market as this market has a huge potential which was proved with the Wet Lipstick, perhaps if they invest some part of their revenue in research and development as the did with the African market, they might get a very good response as all the markets should be kept in mind as a big opportunity. LOreal could also consider expanding to the Latin American market and specially the South American, now that they control the US market (North America), they can implement their expansion strategy to take over central and south America which is a market that havent been explode yet or not as much as they could. LOreal could implement the same strategy implemented by Dell in Brazil, as they decided to relocate their plant in South America (Brazil) in order to manage all the market from there, taking advantage of the Mercosul market which enables the company to save on taxes within the continent. And finally LOreal should consider to extent their products catalogue to clothing and accessories as this may give them a competitive advantage over the rest of the companies in the same industry, it is very important to try to be always one step ahead of the company and be visionary in order to predict what the market wants and how to supply that demand. 2.7 CONCLUSION. After analyzing this case it is clear how important is to have a good strategic management and understand how the environment can affect every organization from the most insignificant change to any huge change that may involve any of the decisions of the company, its understandable that the vision of the CEO of the company can bring success to the organization and build a good know how that will enable the company to enter new markets. 2.8 REFERENCES. [1] Westwood, John. How to Write a Marketing Plan (3rd Edition).London, GBR: Kogan Page, Limited, 2006. p 27. [2] LOreal and the globalization of American beauty, Page 5. [3] LOreal and the globalization of American beauty, Page 15. [4] LOreal and the globalization of American beauty, Page 9. [5] LOreal and the globalization of American beauty, Page 2. [6] LOreal and the globalization of American beauty, Page 9. [7] Emerald Insight Staff (CB). Change Strategies.Bradford, GBR: Emerald Group Publishing Limited, 2004. p 4. [8] Samli, A. Coskun. In Search of an Equitable, Sustainable Globalization: The Bittersweet Dilemma. Westport, CT, USA: Greenwood Publishing Group, Incorporated, 2002. p 21. [9] Samli, A. Coskun. In Search of an Equitable, Sustainable Globalization: The Bittersweet Dilemma. Westport, CT, USA: Greenwood Publishing Group, Incorporated, 2002. p 34. [10] Emerald Insight Staff (CB). Mergers and Acquisitions. Bradford, , GBR: Emerald Group Publishing Limited, 2005. p 4. [11] Emerald Insight Staff (CB). Mergers and Acquisitions. Bradford, , GBR: Emerald Group Publishing Limited, 2005. p 5.

Does A Split Reality Exist? :: Biology Essays Research Papers

Does A Split Reality Exist? Dà ©jà   vu as a failure of the brain to put "time stamps" on memories. Where or When (Words by Lorenz Hart, Music by Richard Rogers) When you are awake; The things you think come from the dreams you dream; Thought has wings-; And lots of things- are seldom what they seem; Sometimes you think you have lived before; All that you live today.; Things you do – come back to you,; As though they knew the way.; Oh, the tricks your mind can play!; It seems we stood and talked like this before.; We looked at each other in the same way then; But I can’t remember where or when.; The clothes you’re wearing are the clothes you wore.; The smile you are smiling you were smiling then,,; But I can’t remember where or when.; Some things happen for the first time,; Seem to be happening again - ; And so it seems that we have met before, and laughed before and loved before,; But who knows where or when! (1) It happens to many people – you are there and it’s as if you have already been there, you know what is going to happen next and it seems a part of another life you have lived. Some claim that dà ©jà   vu is signifying problems in your mental state, that you are probably losing your mind and start living in the hallucinating world of a person with mental problems. Others accept it as a fact of life. But in a survey, over 80% of the participants who reported having experienced dà ©jà   vu, denied a possibly clinical condition before their dà ©jà   vu incidents, such as mental and physical fatigue, depression, stress, anger, fear. And surveys among random groups of population show that nearly all people experience dà ©jà   vu. The statistics varies from 30% to 96%. (3) The concept of dà ©jà   vu is not very well studied. Even though a common phenomenon, most of the studies have concentrated on clinical populations such as psychopathological patients. (6) Neppe’s definition describes dà ©jà   vu as any subjectively inappropriate impression of familiarity of the present experience with an undefined past. (2)The term "already seen" was first used in 1876 by E.Letter Boirac who called it "la sensation du dà ©jà   vu." In 1896 F.L. Arnaud introduced it to science. (7)Many researchers are cautious when dealing with instances of dà ©jà   vu because of the chance the person who experienced the sensation may have read or seen something that is in his unconsciousness triggering the impression.

The History of Feminine Fiction:Exploring Laura Runge’s Article, Gender

The History of Feminine Fiction:Exploring Laura Runge’s Article, Gendered Strategies in the Criticism of Early Fiction Laura Runge is an assistant professor of English at the University of South Florida. In her article, "Gendered Strategies in the Criticism of Early Fiction," Runge argues that, during the eighteenth century, the overdetermined gendered association between the female reader and the female writer excluded the female novelist from literary excellence and ultimately led to the inferior status of fictional writing. While the novel became recognized as a feminine genre, criticism ignored the achievement of female authors and became overtly masculine. In defining literary achievement by male standards, criticism reinforced the subordinate role of women in both the British culture and literature. Runge says it is the gendered literary hierarchy, established in the criticism of the eighteenth century, that makes it difficult to evaluate the history of the entire novel. As the social and economic conditions of eighteenth century Britain shifted from a family based system to one dependent on industry, women were no longer valuable as workers. This transition allowed for the developing reading habits of the middleclass woman as they were left with more free time. However, the cultural definition of females compromised the feminized genre. As women were defined as subordinate to men, their literature was reduced by critics to "bad-fiction." One critic wrote, "So long at the British ladies continue to encourage our hackney scribblers, by reading every romance that appears, we need not wonder that the press should swarm with such poor insignificant productions" (365). Despite the presumed inferiority of fiction, authors, ... ...bsequently, the only success females were acknowledged for or granted was as the provider of domestic morality. Gendered strategies, in the criticism of early fiction, made feminine fiction incapable of excellence. By using conventional heterosexual relationships in their prefaces, authors only succeed in supporting the masculine control over fiction. The appraisals women gained only reinforced their inferior status. "Criticism placed female authors in a specific and confined critical sphere, while it located male authors in an other, more respected field" (375). By aligning their works with popular male literature, women inadvertently strengthened male authority. Women were only granted recognition in terms of their limited social stature. It is these gendered values and strategies that makes the history of the novel and feminine achievement difficult to assess.

Teacher’s Paychecks Should Reflect their Importance Essay -- Argumenta

Teacher’s Paychecks Should Reflect their Importance The public education system in the United States is a very important institution for our nation's youth. In most states, children are required by law to attend public school, unless they are home-schooled, until the age of sixteen. At the age of sixteen, students are entitled, though certainly not encouraged, to leave the public school system if they wish. Public school teachers are asked to account for and educate all of these students, and teachers are professionals who are constantly in demand. In fact, the demand is so great that in several cities semi-qualified professionals who lack the proper credentials are being asked to teach. One possible explanation for this phenomenon is the poor salaries which teachers are being paid. Both national and state governments ought to consider a pay increase for public school teachers in order to ensure the best education possible for the youth of the United States. Physicians and attorneys both work in careers that financially reward professionals for their many years of study at colleges and universities. Anyone who has been involved in any sort of litigation can attest to the outrageous fees charged by attorneys, and hospitals are also institutions that charge handsomely for their services. It is true that physicians and attorneys are asked to spend many years studying in school, but teachers are paid very poorly in comparison to these professions. Subsequently, teachers are also asked to study for four and often at least five years at colleges and universities. Public school teachers are also asked to take exams in order to certify them in their professions. These exams are similar to bar exams and medical boards. What is eve... ...in level of education. Furthermore, there are several professions that require less education than teaching but supply a more generous salary and benefits package. At the same time, teachers are often asked to pay for re-certification costs out of their own shallow pockets because their employment packages do not offer the funds for this constant training. Teachers have four months without students, and this time is often viewed as "vacation time" by the general public; however, public school teachers have stringent schedules that often require them to surrender their summers. Public school teachers are important professionals in our communities, and it is time for their paychecks to reflect their importance. Politicians on both the state and national levels ought to consider designing more appropriate salary and benefit packages for their public school teachers.

Greek Mythology and Medea Essay

Medea – Protagonist of the play, Medea’s homeland is Colchis, an island in the Black Sea, which the Greeks considered the edge of the earth–a territory of barbarians. A sorceress and a princess, she used her powers and influence to help Jason secure the Golden Fleece; then, having fallen in love with him, she fled her country and family to live with Jason in Iolcus, his own home. During the escape across the Mediterranean, she killed her brother and dumped him overboard, so that her pursuers would have to slow down and bury him. While in Iolcus, she again used her devilish cleverness to manipulate the daughters of the local king and rival, Pelias, into murdering their own father. Exiled as murderers, Jason and Medea settled in Corinth, the setting of Euripides’ play, where they established a family of two children and gained a favorable reputation. All this precedes the action of the play, which opens with Jason having divorced Medea and taken up with a new family. The play charts Medea’s emotional transformation, a progression from suicidal despair to sadistic fury. She eventually avenges Jason’s betrayal with a series of murders, concluding with the deaths of her own children. Famously, the pleasure of watching Jason suffer their loss outweighed her own remorse at killing them. Jason – Jason can be considered the play’s villain, though his evil stems more from weakness than strength. A former adventurer, he abandons his wife, Medea, in order to marry Glauce, the beautiful young daughter of Creon, King of Corinth. Hoping to advance his station through this second marriage, he only fuels Medea to a revenge that includes the deaths of his new bride, her father, and his children. Jason’s tactless self-interest and whiny rationalizations of his own actions make him a weak, unsympathetic character. Children – The offspring of Jason and Medea, the children are presented as naive and oblivious to the intrigue that surrounds them. Medea uses them as pawns in the murder of Glauce and Creon, and then kills them in the play’s culminating horror. Their innocent deaths provide the greatest element of pathos–the tragic emotion of pity–in the play. Chorus – Composed of the women of Corinth, the chorus chiefly serves as a commentator to the action, although it occasionally engages directly in the dialogue. The chorus members fully sympathize with Medea’s plight, excepting her eventual decision to murder her own children. Creon – The King of Corinth, Creon banishes Medea from the city. Although a minor character, Creon’s suicidal embrace of his dying daughter provides one of the play’s most dramatic moments, and his sentence against Medea lends an urgency to her plans for revenge. Glauce – Daughter of Creon, Glauce is the young, beautiful princess for whom Jason abandons Medea. Her acceptance of the poisoned coronet and dress as â€Å"gifts† leads to the first murder of the play. Although she never utters a word, Glauce’s presence is constantly felt as an object of Medea’s jealousy. (Glauce is also referred to as Creusa. ) Aegeus – The King of Athens, Aegeus passes through Corinth after having visited the Oracle at Delphi, where he sought a cure for his sterility. Medea offers him some fertility-inducing drugs in exchange for sanctuary in Athens. His appearance marks a turning point in the play, for Medea moves from being a passive victim to an aggressor after she secures his promise of sanctuary. Messenger – The messenger appears only once in the play–he relates in gruesome, vivid detail the death scenes of Glauce and Creon, which occur offstage. Nurse – Caretaker of the house, the nurse of the children serves as Medea’s confidant. Her presence is mainly felt in the play’s opening lament and in a few speeches addressing diverse subjects not entirely related to the action of the play. Tutor – A very minor character, the tutor of the children mainly acts as a messenger, as well as the person responsible for shuffling the children around from place to place

Anti Transcendentalism in the Literary Works of Edgar Allan Poe 1 Essay

Anti- occult philosophy in the melt of Edgar Allan Poe Life and finis atomic number 18 impressions that are widely cognise by men and women of exclusively cultures. M both pieces of literature are compose approximately these publications since they are hale known but non every star understands the center of dungeon and last. demolition seems to be the tougher of these 2 concepts to be discussed. This is most deally ascribable to the fact that once a soul dies they are g unity forever. turn cosmosy a(prenominal) individuals merchantman say that they exact see action to the fullest, not many, or any at either, can say that they progress to experient finis and lived to talk about that experience.As a result, literary authors subprogram metaphors and personification to bring their readers closer to apprehensiveness demolition and life. Transcendentalism became a philosophical black marketment in the 1820s and 1830s that suggested a flavour that spiri tuality was greater than a sanctioned merciful experience, such as animation life without the need for mercenary(a) items, therefore experiencing the full form of what life has to offer.While many authors and poets kitchen stoveed this philosophy, such as henry David Thoreau, other literary figures disliked the hidden exploit and wrote their work against its viewpoint. Edgar Allan Poe is well(p) known for horrifying the topic of dying in most of his literary kit and caboodle. Poe had a story of using the fear of oddment 1 Patel and relating it to the effect it had on the human soul. He used the experiences in his life as a precursor to his short stories and numberss. Edgar Allen Poes experience with illness and death, expressed in his literary work, contributed to his stance as an anti- nonnaturalist. Edgar Allan Poe was natural to two stage actors, David Poe Jr. and Elizabeth Arnold Poe, on January 19, 1809 in Boston, Massachusetts.Even in his early(a) life, Poe faced a difficult life. aft(prenominal) his get under ones skin abandoned him, and his mother decease shortly after(prenominal)(prenominal), a blue merchant by the name of John Allan, and his wife, choose Poe. With his new adoptive parents, he leave the States lived in Scotland and London for five years. Poe attended private schools as a chela where he was gifted in literature. This was the starting step to his writing poesy. Even though he strived academically, he isolated himself from his peers. Poe indeed continued his studied at the University of Virginia, where he studied classical and modern language.However, to his unfitness to c everyplace his cost of living, which his adoptive father refused to present for, Poe resorted to gambling for his source of money, make him to acquire massive amounts of debt and withdrawing from the university. As a stepping-stone to change his life, Poe enlisted in the army, where he create his first book of poetry. Poe began to write more than(prenominal) than and more whole kit of literature through his young adult years. However, even though his poems and short stories were becoming well known, Poe had a difficult time earning a living through macrocosm a writer.This wishing of 2 Patel financial assistance caused him to move in with his aunt, and niece, Virginia Clemm, who he soon after married. Through the years of 1837 and 1845, Edgar Allan Poe became a well renowned author and poet, publishing unnumerable poems and short stories. However, after the death of his wife, Virginia, in 1847, due to tuberculosis, Poes health besides became to depreciate from his constant use of alcohol. currently after, Poe died a mysterious death, which many shine to be because of his excessive alcohol abuse.(Poe, Edgar Allan (1809-1849), An adit to, 220-221) As seen through his life, Edgar Allan Poe faced a difficult life, which clearly reflects in his short stories and poems. As mentioned earlier, Poe was against th e preternatural action that move through the early Unites States. The movement chiefly flourished in the mid-1830s. The transcendentalist movement was first know and founded by Harvard-education ministers, in their attempt to go against Unitarianism. The philosophy and article of belief transcendentalists follow is to be in reflection of god (American Transcendentalism, An mental institution to, 1). There were many figures of the transcendentalist movement that were influenced by its concept.One of the most most-valuable figures of American Transcendentalism was Ralph Waldo Emerson. His essays were conductly connect to the philosophy it follows. Many other auctorial figures were influences by transcendentalism, including Henry David Thoreau, Walt Whitman, Nathaniel Hawthorne, Emily Dickinson, and Edgar Allan Poe. An author fend for the 3 Patel transcendentalist movement claims, They believed that the man is not perfect and what they emphasized was the evil demo in the i nstitution and disposition. What they wrote illustrated the idea that human beings are not al slip vogue woful toward truth and righteousness, beauty, and justice (Manzari 1800).though the transcendentalist movement was prominent to Poe, it influenced him in a invalidating way, where he was predisposed to write against the movement, earlier than favor it in his literary work. vindicatory like Emerson, Thoreau wrote a spiritual narration called Walden or, Life in the Woods (2). The autobiography explained how Thoreau lives secluded in the woods from the materialistic humankind he lived in, becoming one with natures beauty and all it had to offer. In An entree to American Transcendentalism, the article states, Moreover, that influence has been traced by numerous critics from the nineteenth century to the present mean solar day in such characteristics of American writings as its emphases on nature, innocence, and individualism. The following extract from the article suggest s that the transcendentalist movement influenced literature as its seen today. This statement is indeed wane since the movement influenced most of the pieces written by Edgar Allan Poe. Through his horrific childhood, Poe was well experienced in writing about death since most of his work revolves somewhat it. Poe cadaver firm on his stance as an anti- transcendentalist.One of his most famous working is a poem called The Raven. The lay is about a young man who is torn by the death of the adult female he loved, and mourns for her dearly. The poem shows a direct and clear sense of negativity and gloominess in its 4 Patel tone (Magistrale 29). It seems as though Poe is openly mocking transcendentalism in his poem. The bank clerk of the poem suggests marvellous forces and a hostile natural world. jibe to transcendentalism, there is nothing more consummate(a) and innocent than nature. However, according to The Raven, nature is shown to be clayey, the complete opposite of trans cendental belief.Another short story Poe had written is forthwith cogitate to the topic of death. The masquerade party of the Red Death is about a deadly illness that takes over the surface area called Red Death. The Red Death had already killed half of the country, and was coming for the wealthy prince who had leave off his doors to his earth, trying to save himself from the death, plot of land his kingdom collapse to deaths knees. However, this did not stop the Red Death from ingress the princes castle and killing them all as a faceless masked person. The moral of the story is that no one can escape death, not the rich or the poor.Mortality is a concept many people fail to understand. Though death is all over, it is hard to grasp that people alone live for a certain amount of time while death creeps through unceasing generations of the world. The theme in Poes The masque of the Red Death is the concept of mortality and the fear of death. Death is everywhere in the sto ry, and the use of allegory and personification brings the fantastic disease alive, sweeping through the farming and seizing all of its victims. The Red Death in the story was perceived to be about tuberculosis in reality.Since Poe had death all around him due to this disease, it only 5 Patel makes sense why it would have abnormal his writing, as well as on his stance on transcendentalism. Poe dealt with death most of his life, from his wife and mother dying of tuberculosis to his adoptive fathers untimely and distant death (Poe, Edgar Allan (1809-1849), An creative activity to, 220-221). In his eyes, he likely did not see living transcendentally as a belief since there was more death in his life than life itself. Poe also used the natural world and the supernatural in his poem Annabel downwind.The poem mentions nature everywhere, the sea being the biggest example of this, as well as the wind and clouds and starts. Though it would seem these separate of nature would be calming to him, Poe shows it to be a little scary and threatening in the ways he draw these parts of nature. The narrator of the poem is or so obsessed with how and why Annabel died, much like how Poe may have been distraught by his wifes untimely death when she was succumbed by tuberculosis (Poe, Edgar Allan (1809-1849), An Introduction to, 220-221). Poe suggests in the poem if death is the end of a loved one, or if the love continues after death.A little brighter than his other stories and poems, Poe steady clenches to the concept of death in this poem as well. There is no interrogative that his work mostly revolved around fatality and mortality, the complete opposite of the transcendental belief (Poe As Poet. 2001). Poe shows his stance as an anti-transcendentalist through most of his work, giving a different viewpoint than the common belief in spirituality than the he lived. 6 Patel Poe writes another story that directly related to his viewpoint on transcendental belief. never for etell the Devil Your Head was a clear attack on transcendentalism, the narrator calling it a disease. He uses toby fillpot jug Dammit as an example of what this disease can do to an individual, seeing as Dammit succumbed to death. As a cruel joke, the narrator sends the appoint of Dammits funeral to the transcendentalist, but they refuse to pay since they do not believe in the concept of evil (Allen Poe, never Bet the Devil Your Head). This piece that Poe writes was a direct satirical story written about transcendentalism. In an essay that Poe wrote, called The ism of Composition, Poe states, It is the excess of the suggested meaning- it is the rendering this the f number instead of the under-current of the theme- which turns into prose (and that of the very flattest kind), the so-called poetry of the so-called transcendentalists (Poes Philosopy of Composition, 1880).He mocks the transcendentalists in this piece of his work as well, directly stating them in his essay. Edgar Alla n Poe mostly wrote his literary works about death and fatality. It seems as though death was all around him, from his adoptive fathers untimely death to the illness that succumbed his mother and wife. Nonetheless, this highly affected the tone and style of his short stories and poems that he has written. Almost all of his literary works have mentioned the supernatural world, mortality, and fear, all things that transcendental believers consider to be unexpressed over their belief in the natural world and God.Though he was not patronizingly against transcendentalism altogether, he 7 Patel was more so against the idea they believed it in the literary world, and that it should affect the way these authors and poets incorporated it in literature. There are many ways literature can we written, from mystery to the topic of love. Poe dealt with so much fatality in his life that it affected the way he created his work. Death is among all human beings, so why not embrace it the way Edgar All an Poe has. Work Cited 8 Patel American Transcendentalism, An Introduction to. Nineteenth- speed of light publications Criticism. Ed. Janet Mullane and Robert Thomas Wilson. Vol. 24. Detroit Gale, 1989. 19th Century Literature Criticism Online. Web. 27 Apr. 2015. Poe, Edgar Allan (1809-1849), An Introduction to. Nineteenth-Century Literature Criticism. Ed. Kathy D. Darrow. Vol. 211. Detroit Gale, 2009. 19th Century Literature Criticism Online. Web. 27 Apr. 2015. POES ism Of COMPOSITION. The cutting York Times new-fangled York 1 Aug. 1880 n. pag. The New York Times. Web. 28 Apr. 2015. Magistrale, Tony. Student Companion To Edgar Allan Poe.Westport, manoeuver Greenwood Press, 2001. eBook Collection (EBSCOhost). Web. 20 Apr. 2015. Manzari, Alireza. Contextual American Transcendentalism. Theory and Practice in lyric Studies 2. 9 (2012) 1792-801. ProQuest Literature Online. Web. 15 Apr. 2015. Poe, Edgar A. Never Bet the Devil Your Head. N. p. n. p. , n. d. About. com. Web. 28 A pr. 2015. Poe, Edgar A. Poems For notwithstanding Study. The Norton Introduction to Literature. By Kelly J. Mays. 11th ed. New York W. W. Norton, 2014. 601-04. Print. 9 Patel Poe As Poet. Scholastic cathode-ray oscilloscope 50. 5 (2001) 13. Academic Search Premier. Web. 7 May 2015.