The Incarceration Of The Prison Policy Institute - 1369 Words

Attention TIA Credibility Thesis/ Topic statement INTRODUCTION I. According to the prison policy Institute there are currently 2.4 million Americans incarcerated in the United States with nearly 40% of that number being drug related offenses. Further the United states only makes up five percent of the worlds population, but we make up 25% of the worlds prison population and if you factor in the 40% of that 25% being drug offenders you can see that nearly a tenth of the worlds incarcerated are attributed to American drug offenders. These statistics can be seen in these two slides. II. Now if that statistic right there is not startlingly to you then let me share with you one that may hit close to your wallet, on average it costs 24,000 a year to hold an individual in jail. That 24,000 a year is used primarily to hide a major issue we have in this country and that is drug addiction. III. To help and try deal with this problem I have conducted extensive research that gives me credibility to ultimately†¦ IV. Inform and persuade you that by utilizing rehab over incarceration for non violent drug offenders we as a nation can combat the wasteful spending, the addiction issue in our nation, and the fact our incarceration system fails these individuals. Main Point Sub-Point Sub-Point BODY I. In our society we are faced with a drug addiction problem that is not being dealt with properly. Our use of incarceration as a means to deal with thisShow MoreRelatedIncarceration : Balancing Punishment And Treatment988 Words   |  4 Pages4.0 Alternatives to Incarceration Balancing Punishment and Treatment Mass Incarceration In December 2013, President Barack Obama commuted the sentences of eight federal inmates who were convicted of nonviolent crack cocaine offenses, six of whom were serving life sentences (Miles 2014). The surge in the prison population of the United States of America can be attributed to changes in sentencing and policies that created stricter laws and harsher punishments for offenders. For the last half-centuryRead MoreThe Effects Of Incarceration On The United States Of America978 Words   |  4 Pagessurge in the prison population of the United States of America can be attributed to changes in sentencing and policies that created stricter laws and harsher punishments for offenders. For the last half-century, America’s attempts to get tough on crime and wage a war on drugs have landed the U.S. the highest spot on the worldwide charts in regards to prison population; only in recent years has the rate of incarceration changed course, tracking a slow, steady downward trail. Inc arceration is supposedRead MoreDrug Addiction Treatment Vs. Incarceration966 Words   |  4 PagesDrug Addiction Treatment vs. Incarceration: Gaining Insight Regarding the Facts Drug addiction is most often defined as a chronic progressive relapsing cycle in which an individual experiences excessive compulsions in using a mood altering substance despite the consequences associated with the drug. Drug addiction is also considered a disease that affects the brain; which results in a chemical imbalance caused by the abuse of illegal substances. The effects of drug usage can cause long term brainRead MoreMultiple Elements Of Incarceration Within Australia s Criminal Justice System907 Words   |  4 PagesThis eBook reports on issues relating to multiple elements of incarceration within Australia’s Criminal Justice System. Specifically, a large allotment of text is allocated to discuss transgender inmates and their sexual identification once in prison. The author Cyndi Banks, acknowledges that prisons may adopt either genitalia- based placements or a identity based placements and notes that if genital reconstructive surgery has not been undergone, the i nmate will be identified as their birth sexualRead MoreThe Flaws of Incarceration in America Essay1366 Words   |  6 Pagesinmates, and its incarceration rate is growing exponentially. The expense generated by these overcrowded prisons cost the country a substantial amount of money every year. While people are incarcerated for a number of reasons, the country’s prisons are focused on punishment rather than reform, and the result is a misguided system that fails to rehabilitate criminals or discourage crime. The ineffectiveness of the United States’ criminal justice system is caused by mass incarceration of non-violentRead MoreMass Incarceration Is Defined As The Imprisonment Of A Large Amount Of People1439 Words   |  6 PagesAt the simplest level, mass incarceration is defined as the imprisonment of a large amount of people. However, that does not tell the whole story. The majority of people incarcerated are minorities, and although mass incarceration began as a s ystem of unjust racial and social control, today it continues for many political reasons including government grants, swaying voter opinion, and for-profit prison revenue. The United States incarcerates more people, per capita, than any other nation in theRead MoreThe Effects Of Substance Use And Incarceration894 Words   |  4 PagesState s long and complex history of substance use and incarceration. Some could make a strong argument that our country s battle against substance use has been a misguided, ill conceived, expensive, and discriminatory attempt which produced inauspicious results. The War on Drugs and Deinstitutionalization are two such attempts. This paper will analyze how these policy blunders have formed a strong association between substance use and incarceration, how current practice and research is attempted toRead MoreThe Incarceration Rate Of The United States1370 Words   |  6 PagesAlternatives to Mass Incarceration Once upon a time, Americans could proudly say that America was the land of freedom and opportunity. As the Pledge of Allegiance states, â€Å"One nation under God, Indivisible, with liberty and justice for all.† However, under the current criminal justice system, more and more people lose their liberties because of the crimes they have committed. According to Roy Walmsley, a consultant of the United Nations and Associate of the International Center for prison studies, â€Å"In OctoberRead MorePunitive Model Of Incarceration During The United States1321 Words   |  6 Pages Examining the Punitive Model of Incarceration in the United States and the Changes that Brought It About Collin S. Lahr Ball State University Abstract This paper explores several different sources that cover some aspect of how the United States Penal System went from the Rehabilitative Model to a punitive system. Bryan Stevenson and Betsy Matthews have written about how drug enforcement and the â€Å"War on Drugs† are responsible. Yeoman Lowbrow’s analysis of the crime rate and statistics willRead MoreEssay about Reccomendations for Preventing Crime in Queensland932 Words   |  4 Pagescrime policies are likely to turn away from incarceration and towards prevention. Using your understanding of criminology and the reasons why people commit crime; provide a recommendation on what action you think the government should take to prevent crime in Queensland. Speculation has been raised about whether incarceration is effective for criminal offenders. When an offender goes against the law, it has been argued that they must take a social debt. Therefore, they are sent to prison to protect

Analysis Of Nanapush s Tracks - 937 Words

Characters are created with a unique purpose such as being a narrator or to increase the dynamics of the story. Nanapush’s main function in Tracks is being a narrator. Although Nanapush is presented as a powerful bear and a loyal person, he can also be comprehended as an unreliable narrator. However, his characteristic can still convince some readers to believe in his side of the story. Nanapush’s actions such as reading the newspaper on page 47 suggests how he is educated and reliable. Regardless of how newspapers are supposed to be reporting the truth, newspapers can still be biased. Likewise, even though Nanapush believes or acts as if he is neutral and truthful, he can still be unconsciously biased. The close and long lasting relationship between Nanapush and Fleur puts forward the idea that as an observer, Nanapush knows a substantial amount of facts about Fleur. The story, Tracks, revolves around Fleur, thus, Nanapush can be interpreted as a more knowledgeable and a more reliable narrator. Nanapush’s leadership quality also makes him more reliable. Despite the fact that loyalty is a honorable quality, Nanapush’s excessive loyalty can make him less reliable and more biased. Nonetheless, humans are inherently unreliable because humans barely remember the exact things, especially when the story is manipulated orally. Thus, both narrators are unreliable because both does not know exactly what happened, particularly because the story is driven by and focused on Fleur, not

Profiles In Courage Essay Example For Students

Profiles In Courage Essay John F. Kennedy, the author of Profiles in Courage, felt there were many politically courageous people. Kennedy seemed to define courageous as someone willing to risk ones personal assets to stand up for he believes is right and good. Eight different people, including John Quincy Adams, Thomas Benton, and Sam Houston, are illustrated in this book. Each of these people made outstanding political moves just defend ones beliefs. While some were scrutinized, others amazed the population and history was made. John Quincy Adams was the Senator of Massachesetts. He resided with the Federalist party. John showed courage when the Louisianna Purchase was an issue. Adams supported the purchase. Support of the Louisianna Purchase didnt coincide with the beliefs of the Federalist party. That didnt stop Adams from pushing to pass the purchase. The Embargo Bill was created to stop the British from taking Americans sailor without proof of citizenship (and even some with proof). Adams constituents thought the Embargo Bill would instigate another war. Support of such subject caused his party-mates and constituents to re-think their view of the Massachusetts Senator. Daniel Webster, House of Representatives member, was a Federalist and was most famous for is Seventh of March speech. While slavery seemed to be the main issue of the time, the speech spoke mainly of preserving the Union. Although he was opposed to slavery, he seldom brought it up in his political activities. These pressures haunted him around the time he was fighting to be re-elected. Thomas Benton was a Senator of Missouri who had negative relations with President Jackson. Benton supported the Missouri Compromise, but opposed the National Bank and slavery. Seeing how Missouri was a slave state, Thomas recieved much ridicule. This caused Benton to lose office during the next election. Sam Houston was the first Senator of Texas and a part of the Democrat party. Houston was stricktly opposed to the succession of the Union. Eventually he lost his seat as Senator. Soon after he was voted into the Governer office to continue his opposition to succession. Edmund Ross was a Senator of Kansas. His moment of courage came about during the impeachment of Andrew Jackson. His vote was the final and deciding vote (in a two-thirds vote requirement) to keep Jackson in office. Career failure haunted him thereafter. Lucius Lamar was a Representative for Mississippi. Lamar was opposed to free silver for his constituents. Free silver would later mathematically prove to put a damper on the economy. Since his constituents were poverty stricken, they supported free silver. George Norris was a member of the House. He was previously a diplomat to Germany. During the time that the US was about to enter World War I, Norris was opposed. He also filibustered against the Armed Ship Bill because he hated war. George failed in these efforts. Robert Taft was a Republican from Ohio. He tried and failed many times to become president. Tafts iron mind never let him give up though. As far as foriegn affair were concerned, he was an isolationist and opposed many of the United States international actions. Each of these men were courageous in many more way than one. Throughout history, many tales of strength are made. Kennedy saw it and defined it for the public quite well. Hopefully many will follow in the footsteps of these great men. With the example set and many people watching, this country will surely grow to be a strong one.

The Moths And Other Stories free essay sample

â€Å"The Moths† There are many parts about Helena Maria Viramontes’ story â€Å"The Moths† that I could relate to. I was very drawn to the ways in how similar my experiences were to those of the narrator. I along with my mother had to care after my grandmother whose health was slowly depleting. This young girl transforms because of her experiences and hardships through subjugation by her own culture, the struggle for freedom, and the grief that came from her grandmothers’ death. I believe Viramontes depicts a great story about change in which the â€Å"Moth† symbolizes the oppression that the narrator experiences in her household’s religion and also because of the social structures related with it, contrasted by the willingness for freedom of development within the native â€Å"curandera† custom that was instilled in her by her grandmother. One of the first things I began to notice is that the characters within depict a binary opposition. We will write a custom essay sample on The Moths And Other Stories or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It is a tension between Curandismo and Catholicism. In the story the religious practices between that of Catholicism and â€Å"curandera† are binary opposites that in my opinion are depicted through symbolism. The conflict can be seen as the narrator being reprimanded for not going to church, and keeping refuge inside grandmothers house where she could pretend to have gone to mass. Although evading mass would necessarily be symbolic of binary opposition I believe that there are several symbols that are deemed as holy through tradition and holds an intrinsic meaning to those who still hold those beliefs. Throughout the story there are symbolic meanings like Abuelitas’ one gray eye, the eye that made you feel â€Å" Like God was supposed to make you feel†, compared to the blank eyes of the churches statue creates a tension between the catholic church and grandmother. â€Å"The Moth’s† also relates to gender based power structures and the role men play in relation to those structures. The male role is a very important one in this story with every reference to men, throughout the entire story, is given a negative connotation. Men are seen in being in positions of power where as woman are not. The only exception to that is grandmothers’ role as a â€Å"curandera†Ã‚  creates more opposition between the roles of men and women in society. The narrator is punished by her father for not attending mass so she seeks refuge in a place where woman hold a position of power, â€Å"curandera†. While her father squeezes his nails into her arm, grandmother tenderly medicates her swollen hands again symbolizing the opposition. We can assume through the father’s behavior that he stays in control by using methods of abuse while grandmother uses methods of nurturing. This idea can be seen clearly in the differences between the powerful â€Å"curandera† compared to the weak and frail, catholic mother. Grandmother is described as having the ability to extract scarlet fever out of someone using potatoes slices compared to the descriptions of the mother that are those of her crying from being abused by her husband. Not only is there a difference in their physical endurance but also in their willingness to escape from their cultural boundaries, for example their battle against the Greenbelt states. I believe the narrators’ role is symbolic to the options that are available for women within that culture and the behaviors that are encouraged and criticized. I believe the conclusion is stating that a Latina can only hope for a partial escape from the men’s tyrannical rule. Being a caretaker, forced the narrator to grow up faster than others so she could develop a sense of humanity, and through her grief realize that caring for humanity is an indispensable virtue, even when surrounded by oppression.

Why We Hate HR Essay Example

Why We Hate HR Essay Example Why We Hate HR Paper Why We Hate HR Paper It is a matter of fact that question of human resources is rather contradictive area for discussion. Some realize that it is an unexhausted source of labor force, whereas others suggest that human resources aren’t provided with proper treatment and attitude. The author of the article provides relevant example about current challenges of human resources persuading readers that contemporary human resource are locked inside the room without being praised and respected. The author uses rather interesting style of witting to attract readers and make them aware of the current problem. Actually, I agree with author in many points; however some proves are too exaggerated and don’t reflect the real situation. I agree with the author suggesting that human resources (HR) are neither leaders nor strategists, because they are not allowed to show their possibilities and force in the area. They are like working instruments needed by the company in achieving the desired goals. Nevertheless, there is a question: why HR has to on a par with company’s leaders? It is apparent that HR are hated and disliked in many companies. Current surveys revealed that only 58% of employees find their job favorable, whereas others complaint they are provided with few opportunities. Actually HR can’t be considered â€Å"evil†, because usually they are smart and interested in performing their job better. The author admits that HR has to be â€Å"joined to a business strategy at the hip†. It is useful, because HR will be motivated and stimulated. It is apparent that HR isn’t willing to hire only independent thinkers, because they tend to pursue labor efficiency. An employee should realize that HR doesn’t work only for him, because it is the government that has created labor regulation. Many consider that HR’s task is to protect corporate assets, though such information is invalid. It is claimed that they pursue uniformity and standardization hated by employees. Surely Hr is hated, though they perform such important tasks as hiring, training employees. They try to ensure that employees have their place in the company. (Well, Here’s a Rocking Party 2006) References Chiavenato, Idalberto. 2001. â€Å"Advances and Challenges in Human Resource Management in the New Millennium†. Public Personnel Management, 30, 17-25. Iii, Edward E. Lawler. 2003. Creating a Strategic Human Resources Organization: An Assessment of Trends and New Directions. Stanford, CA: Stanford University Press. Kim, Pan Suk. 1999. â€Å"Globalization of Human Resource Management: A Cross-Cultural Perspective for the Public Sector†. Public Personnel Management, 28, 27-37. Well, Here’s a Rocking Party. (2006, August). Fast Company, 42-48.

Brain Gym; Exercises

Brain Gym; Exercises Brain Gym exercises are exercises designed to help the brain function better during the learning process. As such, you can think of Brain Gym exercises as part of the overall theory of multiple intelligence. These exercises are based on the idea that simple physical exercise helps blood flow to the brain and can help improve the learning process by making sure the brain stays alert. Students can use these simple exercises on their own, and teachers can use them in class to help keep energy levels up throughout the day. These simple exercises are based on the copyrighted work of Paul E. Dennison, Ph.D., and Gail E. Dennison. Brain Gym  is a registered trademark of Brain Gym  International. I first encountered Brain Gym in Smart Moves, a best-selling book written by Carla Hannaford, Ph.D. Dr. Hannaford states that our bodies are very much a part of all our learning, and learning is not an isolated brain function. Every nerve and cell is a network contributing to our intelligence and our learning capability. Many educators have found this work quite helpful in improving overall concentration in class. Introduced here, you will find four basic Brain Gym exercises which implement the ideas developed in Smart Moves and can be used quickly in any classroom. Below is a series of movements called PACE. They are surprisingly simple, but very effective! Everyone has a unique PACE and these activities will help both teacher and student become positive, active, clear and energetic for learning. For colorful, fun PACE and Brain Gym ® supplies contact the Edu-Kinesthetics on-line bookstore at Braingym. Drink Water As Carla Hannaford says, Water comprises more of the brain (with estimates of 90%) than of any other organ of the body. Having students drink some water before and during class can help grease the wheel. Drinking water is very important before any stressful situation - tests! - as we tend to perspire under stress, and de-hydration can effect our concentration negatively. Brain Buttons Put one hand so that there is as wide a space as possible between the thumb and index finger.Place your index and thumb into the slight indentations below the collar bone on each side of the sternum. Press lightly in a pulsing manner.At the same time put the other hand over the navel area of the stomach. Gently press on these points for about 2 minutes. Cross Crawl Stand or sit. Put the right hand across the body to the left knee as you raise it, and then do the same thing for the left hand on the right knee just as if you were marching.Just do this either sitting or standing for about 2 minutes. Hook Ups Stand or sit. Cross the right leg over the left at the ankles.Take your right wrist and cross it over the left wrist and link up the fingers so that the right wrist is on top.Bend the elbows out and gently turn the fingers in towards the body until they rest on the sternum (breast bone) in the center of the chest. Stay in this position.Keep the ankles crossed and the wrists crossed and then breathe evenly in this position for a few minutes. You will be noticeably calmer after that time. More Whole Brain Techniques and Activities Have you had any experience using whole brain, NLP, Suggestopedia, Mind Maps or the like? Would you like to know more? Join the discussion in the forum. Using Music in the Classroom Six years ago researchers reported that people scored better on a standard IQ test after listening to Mozart. You would be surprised at how much music can also help  English learners. A visual explanation of the different parts of the brain, how they work and an example ESL EFL exercise employing the specific area. The use of colored pens to help the right brain remember patterns. Each time you use the pen it reinforces the learning process. Helpful Drawing Hints A picture paints a thousand words - Easy techniques to make quick sketches that will help any artistically challenged teacher - like myself! - use drawings on the board to encourage and stimulate class discussion. Suggestopedia: Lesson Plan Introduction and  lesson plan to a concert using the suggestopedia approach to effective/affective learning.

Of those who have heart disease what % eat a healthy diet Research Paper

Of those who have heart disease what % eat a healthy diet - Research Paper Example rienced significant despair when 5 out of 22 participants of his study dropped out of the program immediately which obligated them to conform to dietary reforms. The program was about putting patients with high cholesterol levels on a vegetarian diet for at least five years. Five patients gave up immediately, the rest complied with the diet prescribed by Dr. Esselstyn for some time, and only six patients completed the entire diet program (Apgar 18). Another research report implies that a whopping 89.7% Americans think that they eat a healthy diet (Berger). But, it should be remembered that there is a giant gap between an actual healthy diet and people’s perception of a healthy diet. According to a 2012 consumer survey report, the top control strategies for the 33% of Americans with high blood pressure are not based on a healthy diet, but on medication (Food Insight). This suggests that consuming a healthy diet does not form the number one priority of those who have heart-relat ed

Selecting Media for Your Organization Essay Example | Topics and Well Written Essays - 250 words

Selecting Media for Your Organization - Essay Example The middle aged generation is lured to social media sites and that presented the venue of advertisement of the organization. In the organization, we embraced the use of the internet and television advertisements. It becomes easier to sell your name to a densely populated location. The best marketing strategies revolve around the internet. The internet is home to millions of people who opt for online shopping and bookings. With the organization’s target audience being middle aged and international tourists, it is an obvious assumption that they use the internet and television to get marketing information. Using the internet and television advertisements meets the needs of the audience in different ways. First the two Medias are very convenient and cheap. Additionally, the internet provides the audience to interact with the organization if any need arises. It gives the audience to place prior bookings at any time and place. Using the two Medias come with different challenges. First, online marketing should be first and brief so as to maintain the client’s patience. If a certain online advert is more than 3 clicks away, the client stands on high probability of abandoning the advert. Another challenge is that the lesser in society are not fully considered. In some instances, there are people who are not of any exposure to a computer or television set. Via the two media modes, the organization measures message exposure by internet hits and media impressions. For example, if a certain television channel may have 50.000 viewers at the time of the advertisement, then the organizations has made 50,000 impressions. The internet hit is an online mode of media impressions. The media plays a major role when choosing the best method f public relation messaging. According to Zarrella (2010), with the consideration of trends and the target audience, the media has a positive

The Puritan Period Essay Example for Free

The Puritan Period Essay Many people do not know this, but much like how American history is divided into time periods, American literature is divided into literary periods. The first of these literary periods is known as the Colonial or Puritan period, and they are known as such because of the great influences the colonies and puritans had on the literature of the time. Two good example of this are Anne Bradstreet’s To My Dear and Loving Husband and Upon the Burning of Our House July 10th, 1666. These two works demonstrate the feeling and ideas of their time period, and the messages of both are very influenced by the Puritan beliefs. The poem To My Dear and Loving Husband is a lyric poem describing Anne Bradstreet’s feelings toward her husband. Its loving tone and almost religious devotion to her husband are very similar to Puritan beliefs in regard to marriage. Puritan’s regarded marriage as a sacred covenant that should be upheld and maintained. Also, Anne Bradstreet’s poem has a great atmosphere of subservience to her husband. This parallels the society of the Puritans, who developed and maintained a patriarchal society where women were supposed to be subservient and obedient to their husbands. In addition, the poem ends with a paradox about living while not living. Many Puritan beliefs are considered to be a paradox, and it was their strong faith that fueled their beliefs in spite of that. Bradstreet’s other famous work, Upon the Burning of Our House July 10th, 1666, is another great example of the effects of the times on the works of the period. This poem talks about the disaster of a fire that ravaged Bradstreet’s family home. She laments her lost possessions and memories at first, but by the end she has come to terms with what truly matters. This poem uses literary conceit to provide its message, in which God is compared to an architect or a wealthy benefactor. This is very Puritan in nature, as Puritan beliefs portrayed a larger than life figure of benevolence and purity. The themes of these two are hugely affected by the Puritan society of the time. In the poem To My Dear and Loving Husband, the final stanza is the most important. As stated earlier, the final stanza of the poem contains a  paradox. This paradox talks of â€Å"living and not living† which is clearly not possible. But as is the nature of paradoxes, the final stanza contains a much deeper meaning. The theme is that of an afterlife where husband and wife can remain together forever. Both the idea of an afterlife and a strong marriage bond are important Puritan beliefs. The second poem, Upon the Burning of Our House July 10th, 1666, speaks of a realization of what is most important in the final lines. This of course is speaking of the idea that material possessions mean nothing in comparison to the rewards of faith. Again the Puritan view of an afterlife plays into the message of the poem. The idea of a strong faith influences the theme as well. In conclusion, the works of literary periods such as the Colonial/Puritan period are greatly influenced by the society and events of the time. Anne Bradstreet’s To My Dear and Loving Husband and Upon the Burning of Our House July 10th, 1666 are two great examples of this not only by their structure and subject matter, but also their themes. The Puritan ideas of God, the afterlife, society, and marriage greatly affect the content and messages of Bradstreet’s poems.

Noahs Ark vs. Gilgamesh Epic Essay -- Religion Religious Epic Gilgames

Noahs Ark vs. Gilgamesh Epic   Ã‚  Ã‚  Ã‚  Ã‚  The Gilgamesh Epic is an ancient Mesopotamian story about life and the suffering one must endure while alive. Included in the story, is a tale of a great flood that covered the earth, killing all but a select few of it’s inhabitants. This story of a great flood is common to most people, and has affected history in several ways. It’s presence in the Gilgamesh Epic has caused many people to search for evidence that a great flood actually happened. It has also caused several other religions and cultures to take the same basic story, claiming it for their own.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Whether in Christianity in the form of Noah’s Ark, or through Mesopotamian history in the form of an immortal, the idea of a great flood has proven to be a common story throughout the world. Though Noah’s Ark may be the most popular form of the story, it is not the oldest. Many people believe Noah’s Ark was based on Utnapishnem’s flood story. The two stories are obviously based on the same thing, but one must wonder which one is true or which came first.   Ã‚  Ã‚  Ã‚  Ã‚  The story of Utnapishnem in the Gilgamesh Epic starts with a dream that warns Utnapishnem of the coming flood. The gods are angry and want to rid the world of mankind. Utnapishnem built a boat large enough to carry his family, personal belongings, and â€Å"the seed of all other living creatures.† After Utnapishnem finished, the rain fell for six days and six nights, and it was so bad that the gods climbed into heaven for safety. After the rain stopped, the boat came to rest on Mount Nisir, and Utnapishnem released a dove and a swallow. Both birds returned because they could not find land. Then a raven was released and it did not come back, proving that there was land for it to rest on. Utnapishnem then came out of the ship and offered a sacrifice to the gods. When the gods smelled the sweet odor of the sacrifice, they blessed Utnapishnem and his wife to be like the gods and live forever.   Ã‚  Ã‚  Ã‚  Ã‚  The story of Noah’s Ark begins with God being upset at mankind's wickedness. He decides to destroy it with a flood. God new Noah was righteous and told him to build an ark so he would be safe from the rain. Noah did so and took aboard his family and pairs of every kind of animal. It rained for forty days and nights, until the highest mountains were covered. Then God sent a wind and the waters receded, and the... ...tioned. What caused the tidal wave is still a mystery, although many people believe it was caused by volcanic eruption, or a large meteorite crashing into the Earth’s surface.   Ã‚  Ã‚  Ã‚  Ã‚  The other theory is of universal flooding. The idea of a great flood has been found to be conclusive with geological findings all over the globe. A flood this large would have deposited sediment throughout the world. It has been scientifically estimate that more than seventy-five percent of the Earth is covered with sediment. Fossils have also been found in the Rockie Mountains that contain shells and fish. Many other petrified â€Å"fish beds† have been found all over the world, including Mt. Everest, suggesting that a global flood did indeed happen.   Ã‚  Ã‚  Ã‚  Ã‚  Though scientists cannot agree on whether or not a global flood occurred, the effect of these stories on science has been monumental, as well as the effect of the stories on cultures and religions throughout the world. If this great flood did , in fact, occur, it’s effect on history would have been great because of the huge numbers of people lost to it. Though they may be fables, one must keep asking themselves if they may have been based on fact.

An Essay on the Presidential Candidates of 2000

When examining the candidates for the 2000 Presidential election, it becomes very clear that the only logical choice for President is Al Gore. Gore has many plans for his presidency that will greatly improve the way our country works and runs. First of all, Gore wishes to reform the way in which elections are run, and attempt to sever the omnipresent link between money and political influence, thus providing more fair elections. Another plan of Gore†s is to set aside 400 billion dollars especially for Medicare, and to make sure the money is not used for other purposes, thereby improving the lives of both the elderly and the less fortunate. In order to better the lives of all citizens and provide for more safety, Gore also wishes to close the so-called â€Å"gun show loophole† that allows consumers to bypass the Brady Bill. Lastly, to better equip the children of today for the world of tomorrow, Gore intends to reform education by providing preschool for all children, and making college tuition tax deductible. The first of Al Gore†s many changes he has in store for our country could possibly be the most important one. Gore seeks to change the very way we decide on and elect our officials who run the country, and he intends to do so in a way that ensures a more fair and equal election. What is the key to this electoral equilibrium? Money. For a long time people and political analysts have noticed a certain trend coinciding with a candidate†s political influence and how much money he has at his disposal. Traditionally, the candidates with more money get more exposure to the public, get more high influence individuals and agencies backing them up, and therefore end up with more votes than those candidates with less cash. Severing this link between politics and money would be a wonderful change for our country. One of the main ways in which Gore intends to increase equality among presidential candidates is to ban â€Å"soft money. † Soft money is money contributed to a candidate by companies or individuals in order to boost their campaign. In place of this money, Gore intends to establish a tax-free foundation to fund campaigns, thereby supplying each candidate with the same amount of money to campaign with as he/she pleases. This fund will accept tax-deductible donations from companies and individuals, and then give each candidate their equal share. It is estimated that this foundation, called the Democracy Endowment, will raise 7. 1 billion dollars within a seven year period, while only suffering a loss of 2. 1 billion in taxes. This equal-endowment plan will even the playing field for the candidates, and give each an equal opportunity to campaign. In addition to equal campaign funding, Gore supports the idea of allowing each candidate an equal amount of free air time on television to campaign with. This, too, will give each candidate an equal chance to be heard, independent of how much money he/she has. These proposals, among his others, will help to sever the link between money and political influence, change the way elections are run, and provide for more fair elections. Another major problem that plagues millions of Americans today is the issue if Medicare. Medicare is the government health insurance program for the elderly, and provides care for about 40 million seniors annually. In recent years, much attention has been called to this program regarding its coverage. The general sense is that Medicare is not adequately insuring its seniors. One cause of this decline in coverage is the money allotted to Medicare. Many times, when other projects start to run over their budget, the politicians â€Å"dip into the cookie jar,† and take small amounts here and there from the Medicare stash, leaving our seniors with less than adequate medical coverage. Gore wants this to stop. His plan that he wishes to implement sets aside 400 billion dollars strictly for Medicare, and ensures that this money cannot be used for other purposes. This will mean guaranteed improvement of the medical treatments and attention those covered will receive. In addition to the 400 billion dollars, Gore has plans for a 253 billion dollar, 10 year program to add a prescription drug benefit to further aid Medicare users. These programs will definitely improve the living conditions of what is fast becoming the largest percent of the American population. Gore does not stop at improving living conditions for the elderly. He recognizes many ways of raising the quality of life for all US citizens, one of them being in the area of safety. In an effort to make our country a safer place to live, Gore intends to close the so called â€Å"gun show loophole† that essentially allows consumers to buy assorted weapons and handguns without waiting periods or background checks, completely bypassing the Brady Bill. A report released by the Justice Department found that felons illegally bought weapons at gun shows in 46 percent of the 314 cases it studied, and the weapons used in the 1999 shooting at Columbine High School in Colorado were purchased at a gun show in Denver. Closing this loophole would mean fewer weapons in the hands of people who shouldn†t have them, and therefore safer places to live everywhere. It would be foolish not to enact this change, therefore making it foolish not to vote for Gore. The last key issue on which Gore has many great ideas has more impact on the future than any of his other plans. This issue deals with education. Over the last 20 years, spending on education has risen 62 percent, yet we have experienced a 7 percent decline in enrollment. Studies have shown that giving children a good educational start in the beginning is an excellent way to aid their future in the education department. That is precisely why Gore wants to provide preschool to all children. Giving them a solid start in their earliest years instills the basic principles of behavior and learning skills necessary to be successful in the education system. But, of course, learning skills can only get you so far once you reach the college level. All too often, bright young students do not get to attend college due to a lack of sufficient funds. This is a contributing factor to the difficulty of breaking the chain of poverty. Gore recognizes this, and plans to make college tuition tax deductible. This will soften the blow of tuition check on the lower class families, and allow a greater variety of students from all sorts of backgrounds to further enrich their minds. By doing this, the future of our country will brighten tremendously, as we will have a multitude of new, brilliant minds at work everyday. Education truly is an investment in the future, and Gore knows how to ensure profitable returns. By examining these key points in Gore†s plans for the country, It is obvious that he has the welfare of all citizens on his mind, and that his plans would effectively improve the way our country runs. With that in mind, Gore seems to be the only logical choice for President of the United States.

Chapter 4 : Account Titles and Preparation of Financial Statements

Chapter 4 : Account Titles and Preparation of Financial Statements| Article 14 : The balance sheet items shallbe categorized as follows: 1. Assets. (1) Current assets. (2) Funds and long-term investments. (3) Property, plant and equipment. (4) Depletable assets. (5) Intangible assets. (6) Other assets. 2.Liabilities. Article 15 : Current assets mean unrestricted cash and cash equivalent, short-term investments, and other assets that are convertible to cash or expended within one year. Categorization and evaluation of current asset titles along with required explanatory notes are as follows: 1.Cash and Cash equivalent: cash on hand, deposits with banks, cash for revolving use, petty cash, and short-term and highly liquid investment that can be converted into a fixed amount of cash with interest fluctuation having small impact thereon, excluding those already set aside for use or restricted by law or contract; the account nature and required notes are as follows: (1) Non-demand-deposit s with maturity over a year shall be specified. 2) Time deposits (including negotiable certificates of deposit) shall be reclassified as other assets if provided as lien for a long-term liability or as other current liabilities if provided as lien for a current liability, and shall be specified in the notes for the fact of collateralization.Refundable deposit shallbe classified as a current or other asset by the long- or short-term nature, and shall be specified in the notes. (3) Compensating balances shall be classified as current assets if arising from short-term loans, or reclassified as other assets or long-term investments if arising from long-term liabilities. 2.Short-term investment: defined as investment that is short-term; the nature of titles and evaluation thereof and the required explanatory notes are as follows: (1) Financial asset with change in fair value being recorded as gains or losses and financial asset available for sale shall be valued using the fair value on t he balance sheet date; the fair value of listed or OTC stock and depository receipts indicate the closing price on the balance sheet date. 2) Financial assets which need to be sold within a short period of time, thus changing in fair value and incurring a gain or loss, must be reflected in the financial assets records or when determining how to measure the gains or losses, you decided on using fair value to reflect these changes in fair value, these figures must also be reflected in your financial asset records. 3) Financial asset available for sale shall mean the non-derivative financial assets other than the financial assets with change in fair value being recorded into gains or losses, which financial assets are to be held until the date of expiry. 4) Short-term investments provided as a lien, collateral or refundable deposit shall be recorded as a short-term investment if the liability for such an investment is provided as a guarantee; if a short-term investment is provided as a guarantee for a long-term liability, such investments shallbe recorded as long-term investments. Facts regarding the guaranteeshall be specified in either case. 3.Hedging financial assets: defined as the financial assets set up in hedging accounting, which are used as effective hedging tools, shall be measured by fair value and divided into current and non-current according to the liquidity of the items to be hedged; non-current hedging financial liabilities shall be recorded as hedging financial liabilities under other assets. 4. Notes Receivable: defined as various notes which are collected by the business entity.The accounting nature, valuation and required notes are as follows: (1) Shall be valued at the present value, or may be valued at the face value if maturing within one year. (2) Notes receivable that were discounted or transferred to others shall be deducted and specified. (3) Notes receivable arising from operations shall be presented separately from those not arising f rom operations. 4) Large-sum notes receivable from related persons shall be presented individually. (5) Notes receivable that are provided as collateral shall be specified in the notes. (6) Notes receivable determined to be uncollectible shall be written off. (7) Notes receivable shall be valued at closing for the uncollectible amount, and any allowance for the uncollectible amount shall be properly provided and presented as the contra account of the notes receivable. 5.Accounts Receivable: defined as the claim of the business entity arising from selling goods or services; the accounting nature, valuation and required notes are as follows: (1) Shall be valued at the present value or may be valued at the book value if maturing within one year. (2) Large-sum accounts receivable from related persons shall be presented individually. (3) Unrealized interest revenues from installment sales shall be presented as the contra account of the accounts receivable. 4) Accounts receivable to be co llected over one year, shall be specified in the notes for the amount of expected collection of each year. (5) â€Å"Designated Collateralized Accounts Receivable† shall be disclosed in the notes. (6) Accounts receivable that includes receivables from a long-term construction contract shall be presented and specified in the notes for the reserved portion that has been billed as it pertains to the construction account.Where the expected collection of the reserved amount runs past one year, the expected amount of collection for each year shall be specified in the notes. (7) Accounts receivable determined as uncollectible shall be written off. (8) Accounts receivable shall be valued at closing for the uncollected amount, and an allowance for the uncollectible amount shall be properly provided and presented as the contra account of the accounts receivable. . Other Receivables: defined as the receivables that do not belong to the categories of receivables in the preceding paragrap h; the account nature, valuation and required notes are as follows: (1) Other receivables exceeding five percent of the sum of current assets shall be presented separately by nature or object. 2) Other receivables shall be valued at closing for the uncollected amount, and an allowance for the uncollected amount shall be properly provided and presented as the contra account of the receivables. Where the receivables are classified greater detail, , the allowance account shall also be presented accordingly. 7.Inventories: defined as merchandise or goods, either finished goods or by-products for sale in normal operations along with goods that are work-in-process to be sold upon completion, or raw materials or supplies used directly or indirectly in the production of goods (or services) for sale; the account nature, valuation and required notes are as follows: (1) Inventories shall be valued using the lower of cost or market price method. 2) Inventories with defect, damage or obsolescenc e causing an obvious decline in value shall be valued based on the net realizable value. (3) Inventories that are provided as lien or guarantee, whose usage is supervised by creditors, etc. shall be specified. 8. Prepayments: defined as various costs and expenses prepaid.With exception for funds required by contract for the purchase of fixed assets and construction funds for unfinished construction funds, which should both be categorized as fixed assets. 9. Other Current Assets: defined as current assets that do not belong to the previous seven categories of current assets. However, any of the previous categories of current assets, with the exception of cash, not exceeding five percent of the sum of current assets may be merged into other current assets. Article 16 : Funds and long-term investments are defined as the various funds set aside for operational purposes and long-term investments used by the business for special purposes; the account categories, valuation and required not es are as follows: 1. Funds: defined as assets provided for special purposes, including sinking funds, improvement and expansion funds, contingency loss funds and other related mutual funds. The resolution and implementation method on which appropriation of the funds is based shall be specified. 2.Long-term Investments: defined as investments of a long-term nature, such as investment in other enterprises, purchases of long-term bonds or investments in real estate or other related investments; the account nature, valuation and required notes are as follows: (1) Long-term investments shall be specified for the valuation basis and shall be presented separately by nature. (2) The accounting handling of long-term equity investments valued by equity method shall follow the provisions of the Statement of Financial Accounting Standards No. announced by the Accounting Research and Development Foundation of the Republic of China (hereinafter referred to as the â€Å"Statement of Financial Ac counting Standards†). (3) The accounting handling of long-term equity investments not valued by the equity method shall follow the provisions outlined in the Statement of Financial Accounting Standards No. 34. (4) Long-term investments that are provided as lien or subject to restrictions, limitations, etc. hall be specified. (5) Long-term equity investments measured by cost means those who possess the following securities without material impact or the derivative products moving along with such securities and deliver through such securities: 1. Equity securities that are not traded at the stock exchange or not traded over the OTC. 2. Emerging stock. (6) Financial assets in held-to-maturity: defined as non-derivative financial asset with fixed or determined collection amounts and date of expiry, which business have aggressive intent and capability to hold until the date of expiry. Bond investments which are held until the date of expiry shall be measured by amortized cost; inve stments held until the date of expiry that expire within one year shall be recorded as a current asset. (7) Bond investments measured by amortized cost: defined as bond investment without the open quote of active market with fixed or determined collectable amount that meet the following conditions: 1.Not destined to be measured by fair value and the change of fair value being recorded as gains and losses. 2. Not destined to be available for sale. | Article 17 : Fixed assets defined as tangible assets which are provided for use in operations, not intended for sale, and used for more than one year; the account categories, valuation and required notes are as follows: 1.Land: defined as land or permanent land improvements used in operations; its valuation includes acquisition costs, land improvements of a permanent nature and increases in value from revaluation, etc. The estimated reserve provided for land value increment tax on the increase in value from revaluation shall be classified as a long-term liability.Land that is temporarily registered under the name of others, rather than that of the business entity itself, due to legal restrictions shall be disclosed in the notes and all safeguarding measures shall be specified. 2. Buildings: defined as self-owned building and structures and other accessory facilities; the valuation includes acquisition costs of the building and structures, capitalized expenditures after acquisition that extend the useful life or ervice potential of the asset, and increases in value from revaluation. 3. Machinery and Equipment: defined as self-owned machinery or shall be valued at cost and may be classified as fixed assets or intangible assets. Leasehold improvements must be depreciated or amortized reasonably and systematically without interruption based on its durable lifespan or lease term, depending which one comes first, then they can be transferred as a compensation in a rational and systemic method or share its cost. . Miscella neous Fixed Assets: defined as the assets that do not belong to the previous five categories; the valuation includes acquisition costs and capitalized expenditures prior to acquisition which extend the useful life or service potential of the asset, thus increasing in value from revaluation. 7.Construction in Progress and Prepayment for Equipment: defined as construction operations that are in process or installations that are unfinished along with prepayments for purchases of fixed assets to be used in operations The valuation includes the costs incurred during the process of construction and installation. Fixed assets should be specified for the valuation basis and, if revalued, the date of revaluation and the amount of increase or decrease must also be specified.With the exception of land, other fixed assets, upon reaching an useable condition, shall be depreciated reasonably and systematically during each period without interruption with the depreciation method specified, and the depreciation shall be transferred by nature to expenses or indirect manufacturing costs of each period; the accumulated depreciation shall be presented as the contra account of the fixed asset. Fixed assets with no operation value shall e regarded as other assets below the net realizable value or book value. The cost and accumulated depreciation of the assets that have no net realizable value must be written off and the difference shall be recognized as a loss. A fixed asset that is still in use after its service life shall be depreciated based on the salvage value. Fixed assets that are provided as guarantee, mortgage, collateral, etc. shall be specified. Article 18 : Depletable assets are defined as natural resources whose value decreases after extraction, cutting or other means of alteration; the account valuation and required notes are as follows: 1. Depletable assets shall be recorded according to the exact cost of acquisition, exploration and development. 2. Depletable assets should be specified for the valuation basis and, if revalued, the date of revaluation and the amount of increase should be specified. . Depletable assets shall be depleted reasonably and systematically each period without interruption within the estimated extraction or useful life with the depletion method specified. The depletion shall be transferred to inventories or cost of goods sold. The accumulated depletion shall be presented as the contra account of the depletable asset. 4. Depletable assets that are provided as guarantee, mortgage, collateral, etc. shall be specified. Article 19 : Intangible assets are defined as assets of economic value but without physical existence; the account categories, valuation and required notes are as follows: 1. Trademarks: defined as trademarks that are legally acquired or purchased; the valuation thereof shall use the unamortized cost. 2. Patents: defined as patents that are legally acquired or purchased; the valuation thereof shall use the un amortized cost. 3. Copyright: defined as the rights to publish, sell or perform the original or translated work of literature, art, academe, music, movie, etc. the valuation thereof shall use the unamortized cost. 4. Computer Software: defined as computer software purchased or developed for sale, rented or marketed by other means; the valuation thereof shall use the unamortized portion of costs of purchase or costs incurred from the establishment of technological feasibility to the production of product masters. The costs incurred prior to the establishment of technological feasibility shall be expensed as research and development costs. . Goodwill: defined as the goodwill acquired at a given price; the depreciation test shall be conducted annually. Recognized goodwill impairmen cannot be reversed. 6. Organization Costs: defined as the necessary costs incurred for organizing a business entity during its startup period. Organization costs shall be valued at the unamortized cost. Self -developed intangible assets that cannot be clearly identified, as goodwill, shall not be recognized as assets.Research expenditures and development expenditures, with the exception of commissioned research where the costs can be totally recovered according to contract, must be regarded as an incurred expense. However, development expenditure meeting the following requirement can be capitalized; the amount of capitalization cannot exceed the estimated present net income value on future recovery, the present value for estimated future income post subtraction of recurring research, development expenditure, production cost and marketing expenses: 1.Technical viability has been made possible to complete such intangible asset. 2. Business entities intend complete such intangible asset and put it out for use or sale. 3. Business entities are capable of using or selling such intangible asset. 4. There exists a specific market encompassing intangible assets or its products; such intangible asset for internal use shall possess useful qualities. 5.Business entities have sufficient technology, finance and other resources to complete such development project and use or sell such intangible asset. 6. Expenditures that are regarded as such intangible asset during the development period can be reliably measured. Intangible assets shall be specified for the valuation basis; those whose duration of economic benefit can be reasonably estimated shall be reasonably and systemically amortized over the years of useful life. The length of amortization and method of calculation shall be specified.Intangible assets without clear economic benefit cannot be amortized. | Article 20 : Other assets are defined as assets that do not belong to the previous five categories of assets and whose collection or liquidation extends over one year; the account categories, valuation and required notes are as follows: 1. Assets Leased to Others: defined as the self-owned assets that are leased to other s by a business entity whose main business is not investment or leasing. . Idle Assets: defined as assets that are currently not being used in operations. Idle assets shall be valued at the net realizable value. 3. Refundable Deposit: defined as the cash or other assets provided to others for the purpose of guarantee. 4. Long-term Notes, Accounts and Overdue Receivables: defined as the notes, accounts and overdue receivables whose date of collection has ran over one year.Long-term notes and account receivables shall be valued at the present value and overdue receivables shall be valued at the net realizable value. 5. Deferred Assets: defined as the incurred expenses whose benefits last for more than one year, which must be borne by future periods. Deferred assets shall be valued at the unamortized cost. 6. Miscellaneous Assets: defined as other assets that do not belong to the previous five categories of other assets.Overdue receivables of a material amount shall be presented indivi dually, overdue occurrences must be stated specifically including reason and amount of uncollectible allowance provided. Other assets exceeding five percent of the sum of total assets shallbe separately presented by nature. | Article 21 : Current liabilities are regarded as liabilities that are to be settled by use of current assets or other current liabilities within one year. The account categories, valuation and required notes for current liabilities are as follows: 1.Short-term Borrowings: defined as the sum of money that is borrowed or is an overdraft from a financial institution or another party and is to be repaid within one year or one operating cycle; the valuation and required notes are as follows: (1) Shall be valued at the present value. (2) Shall be specified by type or nature, guarantee situation and interest rate range of the borrowings, and, if collateral is provided, the name and book value of the collateral. 3) Borrowings from financial institutions, owners, employ ees, related persons, and other persons or institutions shall be separately specified. 2. Short-term Notes and Bills Payable: defined as the short-term notes and bills issued through a commissioned financial institution for the purpose of obtaining funds from the money market, including commercial paper payable and bank acceptances, etc. the valuation and required notes are as follows: (1) Shall be valued at the present value; discounts on short-term notes and bills payable shall be presented as the contra account on the short-term notes and bills payable. (2) Shall be specified for the guarantee, institution of acceptance and interest rate, and if collateral is provided, the name and book value of the collateral. 3.Other Financial Liabilities: defined as liabilities meeting one of the following conditions: (1) financial liabilities at fair value according to the income statement should be recorded as gains and losses indicating the financial liabilities to be bought back within a s hort period of time or financial liabilities assigned to be measured by fair value at original recording with change in fair value being recorded as profit and loss. 2) Hedging Financial Liabilities: defined as the financial liabilities destined by hedge accounting which are effective hedging tools, and shall be measured by fair value and divided into current and non-current according to the liquidity of the items to be hedged; non-current hedging financial liabilities shall be recorded as hedging financial liabilities under other liabilities. 4.Notes Payables: defined as the various notes payable by the business entity; the valuation and required notes are as follows: (1) Notes payables shall be valued at the present value, or may be valued at the face value if due within one year. (2) Notes payables arising from operations shall be separately presented from those not arising from operations. (3) Notes payable of a material amount to related parties shall be presented individually. 4) Notes payable with collateral provided shall be specified for the name and book value of the collateral. (5) Notes payable that are used as security and can be recovered for cancellation at the termination of guarantee responsibility may not be presented as current liabilities, but shall be specified in the notes to financial statements for the nature and amount of the guarantee. 5.Accounts Payable: defined as the various accounts payable by the business entity; the valuation and required notes are as follows: (1) Shall be valued at the present value, or may be valued at the book value if due within one year. (2) Accounts payable arising from operations shall be separately presented from those not arising from operations. (3) Accounts payable of a material amount to related parties shall be presented individually. 4) Accounts payable with collateral provided shall be specified for the name and book value of the collateral. 6. Income Tax Payables: defined as the estimated income tax to be paid based on the taxable income. 7. Other Payables: defined as any of the payables that do not belong to the previous categories of payables, such as other tax payables, salary payables, etc. ; the valuation and required notes are as follows: (1) Shall be valued at the present value, or may be valued at the book value if due within one year. 2) Dividend and bonus payables whose appropriation method and expected payment date are determined must be disclosed. (3) If paid amount exceeds 5% of total current liabilities, records must indict the nature of the transaction or the parties involved in the transaction. 8. Advance Receipts: defined as various sums of money received in advance. Advance receipts shall be presented separately by major category with special contract items specified. 9.Other Current Liabilities: defined as current liabilities that do not belong to the previous eight categories. However, any of the previous eight categories of current liabilities not excee ding five percent of the sum of total current liabilities may be merged into other current liabilities. | Article 22 : Long-term liabilities mean liabilities whose payment deadline exceeds one year or one operating cycle, whichever is the longer; the account categories, valuation and required notes are as follows: 1.Corporate Bonds Payable: defined as debentures issued by an issuer; the valuation and required notes are as follows: (1) Company bonds shall be valued at the face value adjusted for the unamortized premium and discount; the premium and discount shall be reasonably and systematically amortized as the adjustment of interest expense over the periods where the bonds are outstanding. 2) The approved total amount, interest rate, maturity date, name of the collateral, book value, place of issue and other covenants of bonds issued shall be specified in the note. (3) Where the bonds issued are convertible bonds, the conversion method and the amount already converted shall be spec ified. 2. Long-term Loans Payable: defined as the loans payable whose repayment deadlines is xceeds one year; the valuation and required notes are as follows: (1) shall be valued at the present value. (2) The content, maturity date, interest rate, name of the collateral, book value and other covenants of shall be specified. Where the repayment of long-term loans payable is denominated at a foreign currency or is based on a foreign currency exchange rate, the name and amount of the foreign currency shall be specified. 3) Long-term borrowings from owners, employees or related persons shall be separately specified. 3. Long-term notes and accounts payable: Mean the notes payables, accounts payables, etc. whose payment deadline exceeds one year. Long-term notes payable and other long-term accounts payables shall be valued at the present value. 4. Preferred stock liability: defined as the issuance of preferred stock of the nature of financial liability in compliance with No. 6 Bulletin of the Financial Accounting Standard. | Article 23 : Other liabilities are liabilities that cannot be classified as current or long-term liabilities; the account categories are as follows: 1. Deferred Liabilities: defined as deferred revenues, deferred income tax liabilities, etc. 2. Deposits Received: defined as the cash or other assets received from customers for the purpose of assurance. 3.Miscellaneous Liabilities: defined as other liabilities that do not belong to the previous two categories. Other liabilities exceeding five percent of the sum of total liabilities shall be presented separately by nature. | Article 24 : Capital defined as the capital brought into the business entity by the o wner and registered with a competent authority; however it does not include preferred stock of liability nature; the items that shall be specified in the notes are as follows: 1.The kinds of capital, face value per share, number of shares authorized, number of shares issued and special conditi ons shall be specified. 2. Convertible preferred stock and global depository receipts shall be specified for the place of issue, method of issue and conversion, amount already converted and special conditions. | Article 26 : Retained earnings or deficit meaning the equity resulting from business operations; the account categories are as follows: 1.Legal Reserve: defined as the reserve appropriated from earnings according to Company Law or other related regulations. 2. Special Reserve: defined as the reserve appropriated from earnings according to regulations or the resolution of earnings distribution for the purpose of restricting the distribution of earnings as dividends or bonus. 3. Retained Earnings-Unappropriated or Accumulated Deficit: defined as the earnings that have not been appropriated or the deficit has not been offset.The appropriation of retained earnings or the offsetting of deficit shall only be recorded in the book with the consent of the business owner or a mutual r esolution among the stockholders. Proposals for the appropriation of earnings or the offsetting of deficit shall be specified in the notes to the current period financial statements. | Article 28 : The categories of items in the income statement are as follows: 1. Operating Revenue. 2. Operating Costs. 3. Operating Expenses. 4.Non-operating Revenues and Expenses, Other Income (Expense). 5. Income Tax 6. Gains and Losses of continuing operating department. 7. Gains and Losses of discontinuing department 8. Extraordinary Gains and Losses. 9. Cumulative effect of changes in accounting principles 10. Current period net income (or net losses)| Article 29 : Operating revenue refers to the revenue earned in the normal operation of selling goods or services provided in the current period; the account categories, valuation and required notes are as follows: 1.Sales Revenue: defined as the revenue earned from selling goods. Sales returns and allowances shall be presented as a contra account o f sales revenues. 2. Service Revenue: defined as the revenue earned from providing services. 3. Agency Revenue: defined as the revenue earned from compensation for an intermediary, agency or commissioned work. 4. Other Operating Revenue: defined as other revenue that does not belong to the previous three categories. Article 30 : Operating costs refers to the costs that are borne for selling goods or providing services in the current period; the account categories, valuation and required notes are as follows: 1. Cost of Goods Sold: defined as the original cost of goods sold or the manufacturing costs of products sold. Purchases returns and allowances shall be presented as a contra account of purchases costs. 2. Services Costs: defined as the costs that are borne from providing services. 3.Agency Costs: defined as the costs that are borne from an intermediary, agency or commissioned work. 4. Other Operating Costs: defined as the costs that are borne from other operating revenues. | Ar ticle 31 : Operating Expenses refers to the expenses that are borne from selling goods or providing services in the current period; operating costs and expenses that cannot be separately presented may be merged into operating expenses. | either non-operating or expense indicating extraordinary losses. Article 33 : The income or losses from continuing operations refer to both operating and non-operating revenue. Net operating expenses and non-operating expenses, of which shall be presented separately according to the pre-tax amount, including income tax expenses or benefits, and post-tax amount. | Article 34 : The gains or losses from discontinued operations refers the income gained or monies lost due to business operations, along with disposition gains or losses and the gains and losses measured by the net fair value.For discontinued operations completing the disposition within the current year, records shall be made using the net after-tax amount indicating a gain or loss in dispos able income;; for discontinued operations that do not complete disposition within the current year, the net asset thereof must be valued using the face value or net fair value which ever is lower; if the net fair value is lower than the face value, net fair value shall be recorded to indicate such a loss so as to off-set the face value of the net asset from the discontinued operations; if the net fair value recovers, recovered gains can be recognized within the scope of losses originally measured by net fair value. The gain or loss from discontinued operations shall be presented as net income, following the item of the post-tax income or loss from continuing operations. Article 35 : Extraordinary gains and losses refer to any unusual or infrequent occurrence which shall be presented net form, , following the item of the gain and loss from discontinued operations. | Article 36 : The cumulative effect of changes in accounting principles shall be presented as a net change, following th e item of the extraordinary gain and loss. | 3. Retained earnings or deficit should include the following content: (1) The beginning balance. (2) The prior period net income or loss adjustment. (3) The current period net income or loss. (4) The appropriation of legal reserves and special reserves, distribution of dividends, etc. (5) The ending balance. 4.The beginning balance, the changes of the items and the amount during the current period, and the ending balance of the unrealized loss on market value decline of financial products. 5. The beginning balance, the changes of the items and the amount during the current period, and the ending balance of the unrealized revaluation increments. 6. The beginning balance, the changes of the items and the amount during the current period, and the ending balance of the cumulative translation adjustment. 7. The beginning balance, the changes of the items and the amount during the current period, and the ending balance of the treasury stock.The respective income tax expense or benefit shall reflect the itemsArticle 39 : The statement of cash flows must present a summary of information specifying all cash receipts and expenditures incurred by the business entity during a specific period; preparation and presentation of the statement of cash flows shall follow the Statement of Financial Accounting Standards No. 17. | Article 40 : The following subsequent events that occur after the balance sheet date but before the issuance of financial statements shall be specified in the notes to the financial statements: 1. Changes in capital structure. 2. Significant long- or short-term borrowings. 3. Additions, expansion, construction, leasing, abandonment, idleness, sale, collateralization, transfer or long-term renting of major assets. 4. Significant changes in productive capacity. 5.Significant changes in production and sales policies. 6. Major investments in other businesses. 7. Losses on catastrophic disasters. 8. The proceeding o r settlement of important lawsuits. 9. The signing, fulfillment, cancellation or voiding of important contracts. 10. Important organizational adjustments and significant reforms in management systems. 11. Significant effects resulting from changes in government regulations. 12. All other important events and measures that will affect the financial position, results of operations and cash flows in the future. | Direct materials used| | | Beginning raw materials inventory| $ 6,200| |Add: Cost of raw materials purchased| 49,400| | Total raw materials available| 55,600| | Less: Ending raw materials inventory| (5,800)| | Total raw materials used| | $ 49,800| Direct labor| | 125,600| Manufacturing overhead| | | Indirect materials| 4,100| | Indirect labor| 43,700| | Depreciation—factory building| 9,500| | Depreciation—factory equipment| 5,400| | Insurance—factory| 12,000| | Property taxes—factory| 4,500| | Total manufacturing overhead| | 79,200| Total manufactur ing costs| | 254,600| Add: Beginning work-in-process inventory| | 10,20| | | 264,800| Less: Ending work-in-process inventory| | (9,800)| Cost of goods manufactured| | $255,000|

Creating Your Own Lesson Plan Calendar

Creating Your Own Lesson Plan Calendar It is easy to become overwhelmed when you begin planning units of study and individual lessons for a school year. Some teachers  start with their first unit and continue until the year ends with the attitude that if they didnt complete all the units then thats the way life is. Others try to plan their units in advance but run into events that cause them to lose time. A lesson plan calendar can help by giving a realistic overview of what they can expect in terms of instructional time.   Materials Needed: Blank CalendarSchool CalendarPencil Steps for Creating  a Lesson Plan Calendar Get a blank calendar and a pencil. You dont want to use pen because you will probably need to add and erase items over time.Mark off all vacation days on the calendar. I generally just draw a big X right through those days.Mark off any known testing dates. If you dont know the specific dates but you do know in which month testing will occur, write a note at the top of that month along with the approximate number of instructional days you will lose.Mark any scheduled events that will interfere with your class. Again if you are unsure of the specific dates but know the month, make a note at the top with the number of days you expect to lose. For example, if you know that Homecoming occurs in October and you will lose three days, then write three days at the top of the October page.Count up the number of days left, subtracting for days noted at the top of each month.Subtract one day each month for unexpected events. At this time, if you want, you can choose to subtract the day before va cation begins if this is typically a day that you lose. What you have left is the maximum number of instructional days you can expect for the year. You will be using this in the next step.Go through the Units of Study necessary to cover the standards for your subject and decide the number of days you think will be needed to cover each topic. You should use your text, supplementary materials, and your own ideas to come up with this. As you go through each unit, subtract the number of days required from the maximum number determined in step 7.Adjust your lessons for each unit until your result from Step 8 equals the maximum number of days.Pencil in the start and completion date for each unit on your calendar. If you notice that a unit would be split by a long vacation, then you will need to go back and readjust your units.Throughout the year, as soon as you find out a specific date or new events that will remove instructional time, go back to your calendar and readjust.

Robert Louis Stevensons Classic Essay on Walking Tours

Robert Louis Stevenson's Classic Essay on Walking Tours In this affectionate response to William Hazlitts essay On Going a Journey,  Scottish author Robert Louis Stevenson describes the pleasures of an idle walk in the country and the even finer pleasures that come afterwardsitting by a fire enjoying trips into the Land of Thought. Stevenson is most well known for his novels including  Kidnapped, Treasure Island and The Strange Case of  Doctor Jekyll and Mr. Hyde.  Stevenson was a famous author during his life and has remained an important part of the literary cannon. This essay highlights his lesser-known skills as a travel writer.   Walking Tours by Robert Louis Stevenson 1 It must not be imagined that a walking tour, as some would have us fancy, is merely a better or worse way of seeing the country. There are many ways of seeing landscape quite as good; and none more vivid, in spite of canting dilettantes, than from a railway train. But landscape on a walking tour is quite accessory. He who is indeed of the brotherhood does not voyage in quest of the picturesque, but of certain jolly humoursof the hope and spirit with which the march begins at morning, and the peace and spiritual repletion of the evenings rest. He cannot tell whether he puts his knapsack on, or takes it off, with more delight. The excitement of the departure puts him in key for that of the arrival. Whatever he does is not only a reward in itself, but will be further rewarded in the sequel; and so pleasure leads on to pleasure in an endless chain. It is this that so few can understand; they will either be always lounging or always at five miles an hour; they do not play off the one ag ainst the other, prepare all day for the evening, and all evening for the next day. And, above all, it is here that your overwalker fails of comprehension. His heart rises against those who drink their curaà §ao in liqueur glasses, when he himself can swill it in a brown John. He will not believe that the flavour is more delicate in the smaller dose. He will not believe that to walk this unconscionable distance is merely to stupefy and brutalise himself, and come to his inn, at night, with a sort of frost on his five wits, and a starless night of darkness in his spirit. Not for him the mild luminous evening of the temperate walker! He has nothing left of man but a physical need for bedtime and a double nightcap; and even his pipe, if he be a smoker, will be savourless and disenchanted. It is the fate of such an one to take twice as much trouble as is needed to obtain happiness, and miss the happiness in the end; he is the man of the proverb, in short, who goes further and fares worse. 2 Now, to be properly enjoyed, a walking tour should be gone upon alone. If you go in a company, or even in pairs, it is no longer a walking tour in anything but name; it is something else and more in the nature of a picnic. A walking tour should be gone upon alone, because freedom is of the essence; because you should be able to stop and go on, and follow this way or that, as the freak takes you; and because you must have your own pace, and neither trot alongside a champion walker, nor mince in time with a girl. And then you must be open to all impressions and let your thoughts take colour from what you see. You should be as a pipe for any wind to play upon. I cannot see the wit, says Hazlitt, of walking and talking at the same time. When I am in the country I wish to vegetate like the countrywhich is the gist of all that can be said upon the matter. There should be no cackle of voices at your elbow, to jar on the meditative silence of the morning. And so long as a man is reasoning he cannot surrender himself to that fine intoxication that comes of much motion in the open air, that begins in a sort of dazzle and sluggishness of the brain, and ends in a peace that passes comprehension. 3 During the first day or so of any tour there are moments of bitterness, when the traveller feels more than coldly towards his knapsack, when he is half in a mind to throw it bodily over the hedge and, like Christian on a similar occasion, give three leaps and go on singing. And yet it soon acquires a property of easiness. It becomes magnetic; the spirit of the journey enters into it. And no sooner have you passed the straps over your shoulder than the lees of sleep are cleared from you, you pull yourself together with a shake, and fall at once into your stride. And surely, of all possible moods, this, in which a man takes the road, is the best. Of course, if he will keep thinking of his anxieties, if he will open the merchant Abudahs chest and walk arm-in-arm with the hagwhy, wherever he is, and whether he walk fast or slow, the chances are that he will not be happy. And so much the more shame to himself! There are perhaps thirty men setting forth at that same hour, and I would lay a large wager there is not another dull face among the thirty. It would be a fine thing to follow, in a coat of darkness, one after another of these wayfarers, some summer morning, for the first few miles upon the road. This one, who walks fast, with a keen look in his eyes, is all concentrated in his own mind; he is up at his loom, weaving and weaving, to set the landscape to words. This one peers about, as he goes, among the grasses; he waits by the canal to watch the dragon-flies; he leans on the gate of the pasture, and cannot look enough upon the complacent kine. And here comes another, talking, laughing, and gesticulating to himself. His face changes from time to time, as indignation flashes from his eyes or anger clouds his forehead. He is composing articles, delivering orations, and conducting the most impassioned interviews, by the way. 4  A little farther on, and it is as like as not he will begin to sing. And well for him, supposing him to be no great master in that art, if he stumble across no stolid peasant at a corner; for on such an occasion, I scarcely know which is the more troubled, or whether it is worse to suffer the confusion of your  troubadour,  or the unfeigned alarm of your clown. A sedentary population, accustomed, besides, to the strange mechanical bearing of the common tramp, can in no wise explain to itself the gaiety of these passers-by. I knew one man who was arrested as a runaway lunatic, because, although a full-grown person with a red beard, he skipped as he went like a child. And you would be astonished if I were to tell you all the grave and learned heads who have confessed to me that, when on walking tours, they sangand sang very illand had a pair of red ears when, as described above, the inauspicious peasant  plumped  into their arms from round a corner. And here, lest you shou ld think I am exaggerating, is Hazlitts own confession, from his essay  On Going a Journey,  which is so good that there should be a tax levied on all who have not read it: Give me the clear blue sky over my head, says he, and the green turf beneath my feet, a winding road before me, and a three hours march to dinnerand then to thinking! It is hard if I cannot start some game on these lone heaths. I laugh, I run, I leap, I sing for joy. Bravo! After that adventure of my friend with the policeman, you would not have cared, would you, to publish that in the first person? But we have no bravery nowadays, and, even in books, must all pretend to be as dull and foolish as our  neighbours. It was not so with Hazlitt. And notice how learned he is (as, indeed, throughout the essay) in the theory of walking tours. He is none of your athletic men in purple stockings, who walk their fifty miles a day: three hours march is his ideal. And then he must have a winding road, the epicure! 5  Yet there is one thing I object to in these words of his, one thing in the great masters practice that seems to me not wholly wise. I do not approve of that leaping and running. Both of these hurry the respiration; they both shake up the brain out of its glorious open-air  confusion; and  they both break the pace. Uneven walking is not so agreeable to the body, and it distracts and irritates the mind. Whereas, when once you have fallen into an equable stride, it requires no conscious thought from you to keep it up, and yet it prevents you from thinking earnestly of anything else. Like knitting, like the work of a copying clerk, it gradually  neutralises  and sets to sleep the serious activity of the mind. We can think of this or that, lightly and laughingly, as a child thinks, or as we think in a morning doze; we can make puns or puzzle out acrostics, and trifle in a thousand ways with words and rhymes; but when it comes to honest work, when we come to gather ourselves t ogether for an effort, we may sound the trumpet as loud and long as we please; the great barons of the mind will not rally to the standard, but sit, each one, at home, warming his hands over his own fire and brooding on his own private thought! 6  In the course of a days walk, you see, there is much variance in the mood. From the exhilaration of the  start,  to the happy phlegm of the arrival, the change is certainly great. As the day goes on, the  traveller  moves from the one extreme towards the other. He becomes more and more incorporated  with  the material landscape, and the open-air drunkenness grows upon him with great strides, until he posts along the road, and sees everything about him, as in a cheerful dream. The first is certainly brighter, but the second stage is the more peaceful. A man does not make so many articles towards the end, nor does he laugh aloud; but the purely animal pleasures, the sense of physical wellbeing, the delight of every inhalation, of every time the muscles tighten down the thigh, console him for the absence of the others, and bring him to his destination still content. 7  Nor must I forget to say a word on bivouacs. You come to a milestone on a hill, or some place where deep ways meet under trees; and off goes the knapsack, and down you sit to smoke a pipe in the shade. You sink into yourself, and the birds come round and look at you; and your smoke dissipates upon the afternoon under the blue dome of  heaven; and  the sun lies warm upon your feet, and the cool air visits your neck and turns aside your open shirt. If you are not happy, you must have an evil conscience. You may dally as long as you like by the roadside. It is almost as if the millennium  were  arrived,  when we shall throw our clocks and watches over the housetop, and remember time and seasons no more. Not to keep hours for a lifetime is, I was going to say, to live  for ever. You have no  idea,  unless you have tried it, how endlessly long is a summers day, that you measure out only by hunger, and bring to an end only when you are drowsy. I know a village where th ere are hardly any clocks, where no one knows more of the days of the week than by a sort of instinct for the fete on Sundays, and where only one person can tell you the day of the month, and she is generally wrong; and if people were aware how slow Time journeyed in that village, and what armfuls of spare hours he gives, over and above the bargain, to its wise inhabitants, I believe there would be a stampede out of London, Liverpool, Paris, and a variety of large towns, where the clocks lose their heads, and shake the hours out each one faster than the other, as though they were all in a wager. And all these foolish pilgrims would each bring his own misery along with him, in a watch-pocket! 8  It is to be noticed, there were no clocks and watches in the much-vaunted days before the flood. It follows, of course, there were no appointments, and punctuality was not yet thought upon. Though ye take from a covetous man all his treasure, says Milton, he has yet one jewel left; ye cannot deprive him of his covetousness. And so I would say of a modern man of business, you may do what you will for him, put him in Eden, give him the elixir of lifehe has still a flaw at heart, he still has his business habits. Now, there is no time when business habits are more mitigated than on a walking tour. And so during these halts, as I say, you will feel almost free. 9  But it is at night, and after dinner, that the best hour comes. There are no such pipes to be smoked as those that follow a good days march; the flavor of the tobacco is a thing to be remembered, it is so dry and aromatic, so full and so fine. If you wind up the evening with grog, you will own there was never such grog; at every sip a jocund tranquillity spreads about your limbs, and sits easily in your heart. If you read a bookand you will never do so save by fits and startsyou find the language strangely racy and harmonious; words take a new meaning; single sentences possess the ear for half an hour together; and the writer endears himself to you, at every page, by the nicest coincidence of sentiment. It seems as if it were a book you had written yourself in a dream. To all we have read on such occasions we look back with special favor. It was on the 10th of April, 1798, says Hazlitt, with amorous precision, that I sat down to a volume of the new  Heloise, at the Inn at Lla ngollen, over a bottle of sherry and a cold chicken. I should wish to quote more, for though we are mighty fine fellows nowadays, we cannot write like Hazlitt. And, talking of that, a volume of Hazlitts essays would be a capital pocket-book on such a journey; so would a volume of Heines songs; and for  Tristram Shandy  I can pledge a fair experience. 10  If the evening be fine and warm, there is nothing better in life than to lounge before the inn door in the sunset, or lean over the parapet of the bridge, to watch the weeds and the quick fishes. It is then, if ever, that you taste Joviality to the full significance of that audacious word. Your muscles are so agreeably slack, you feel so clean and so strong and so idle, that whether you move or sit still, whatever you do is done with pride and a kingly sort of pleasure. You fall in talk with any one, wise or foolish, drunk or sober. And it seems as if a hot walk purged you, more than of anything else, of all narrowness and pride, and left curiosity to play its part freely, as in a child or a man of science. You lay aside all your own hobbies, to watch provincial humour develop themselves before you, now as a laughable farce, and now grave and beautiful like an old tale. 11  Or perhaps you are left to your own company for the night, and surly weather imprisons you by the fire. You may remember how Burns, numbering past pleasures, dwells upon the hours when he has been happy thinking. It is a phrase that may well perplex a poor modern, girt about on every side by clocks and chimes, and haunted, even at night, by flaming  dialplates. For we are all so busy, and have so many far-off projects to realise, and castles in the fire to turn into solid habitable mansions on a gravel soil, that we can find no time for pleasure trips into the Land of Thought and among the Hills of Vanity. Changed times, indeed, when we must sit all night, beside the fire, with folded hands; and a changed world for most of us, when we find we can pass the hours without discontent, and be happy thinking. We are in such haste to be doing, to be writing, to be gathering gear, to make our voice audible a moment in the derisive silence of eternity, that we forget that one thing, o f which these are but the partsnamely, to live. We fall in love, we drink hard, we run to and fro upon the earth like frightened sheep. And now you are to ask yourself if, when all is done, you would not have been better to sit by the fire at home, and be happy thinking. To sit still and contemplateto remember the faces of women without desire, to be pleased by the great deeds of men without envy, to be everything and everywhere in sympathy, and yet content to remain where and what you areis not this to know both wisdom and virtue, and to dwell with happiness? After all, it is not they who carry flags, but they who look upon it from a private chamber, who have the fun of the procession. And once you are at that, you are in the very humor of all social heresy. It is no time for shuffling, or for big, empty words. If you ask yourself what you mean by fame, riches, or learning, the answer is far to seek; and you go back into that kingdom of light imaginations, which seem so vain in the eyes of Philistines perspiring after wealth, an d so momentous to those who are stricken with the disproportions of the world, and, in the face of the gigantic stars, cannot stop to split differences between two degrees of the infinitesimally small, such as a tobacco pipe or the Roman Empire, a million of money or a fiddlesticks end. 12  You lean from the window, your last pipe reeking whitely into the darkness, your body full of delicious pains, your mind enthroned in the seventh circle of content; when suddenly the mood changes, the weathercock goes about, and you ask yourself one question more: whether, for the interval, you have been the wisest philosopher or the most egregious of donkeys? Human experience is not yet able to reply, but at least you have had a fine moment, and looked down upon all the kingdoms of the earth. And whether it was wise or foolish, to-morrows travel will carry you, body and mind, into some different parish of the infinite. Originally published in the  Cornhill Magazine  in 1876, Walking Tours by Robert Louis Stevenson appears in the collection  Virginibus Puerisque, and Other Papers  (1881).

Discuss the regulatory intervention that took place in the US post Research Paper

Discuss the regulatory intervention that took place in the US post 2008 crisis choosing a topic from FRANK-DODD ACT 2010 - Research Paper Example The consumer’s welfare is protected, and their rights are to be considered. Through consumer protection fraud and illegal activities are able to be avoided because some of the laws protect the needs of those who have no knowledge about their rights taking an example in a business where some firms use the advantage of their size over others. Through the laws installed in the country there exists a fair deal and assists in the consumer in making better decisions in the market place (Acharya 26). People like investors, those in need of mortgage are able to be clear on what their rights are before involving themselves in companies or people who will deceive them. These includes the government organizations and also the self-regulating business organizations such Federal Trade Commission among others. The consumer protection rights have been seen to grow over the years from the 19th century which people saw the need for this from the fraud seen in the mail to what we see to date. T his assists in the protection of both consumers and businesses in the operation of their works.9Through consumer protection people are able to use the law in reporting cases like illegal acts and works done against the law. They are therefore, said to protect the welfare of people in making fair deals and transparency to the services and businesses conducted. The consumer rights are also put to protect the environment and the welfare of people’s health. Some industries produce toxic products which leads to the retrogression of the health conditions of people like the Cigarettes and also the environment like the global warming effect (Li & Palumbo 23). Introduction There are several consumer protection acts in the American government and in this context we are going to use the Dodd-Frank Wall Street reform and consumer protecting in establishing his acts, the benefits of the consumer protection laws and be able to tell the rights the consumers are eligible to. 1 The Dodd-Frank Reform and Consumer Protection Act is mainly n the financial crisis in America which started in 2007.It is an act imputed on the financial services to the banks and non- banking holding companies which include insurance companies, security firms and also international banks among others within and globally (Stowell 25). The Dodd-Frank Act leads to the change in financial services regulation creating a new federal authority and also a new financial consumer regulatory body. This act was approved in 2010 and became effective from 22nd July (Braybrooke 19). This legislation was put in place of all the financial activities within the States and also non-US banking organization firms. The main features in the legislation included maintenance of financial stability by creating a council which is given the mandate to overlook on the activities in the financial system. It also gives the Federal Deposit insurance Corporation to be able to control the firms which are failing by protecting th e counterparties which leads to t