Federalist #10 and the Existence of Faction in Modern Government Term Paper

Federalist #10 and the Existence of Faction in Modern Government - Term Paper Example I am going to show the despite the publication of Federalist #10 and consistent American media attention to the downsides of factions taking a position contrary to the interests of the American majority, Americans continue to vote in elections against their interests, specifically lower and middle class Americans voting for Republican candidates in recent elections. Although a large republic has been established, political factions such as the Tea Party still exist and substantially influence government. Federalist paper and media downsides on faction have not yielded much fruit. Americans have continued to form factions, which they feel address their interest. This observation leads to an in depth analysis of Federalist paper. In the federalist paper, the author identified two methods, which would solve social inclination towards formation of faction in the society. It argued that one method of dealing with these groups in the society is to stump their causes. The second method that the author mentioned is to control the effects created in the society by this factions. The author of Federalist paper proposed two methods of eliminating factions or emergence of factions in the society. The first proposal argues that by eliminating liberty, which provides room for the formation of factions, the society may fail to form factions1. The second proposal claims that when every citizen gets the opportunity to present their opinions and interests, they would not be able to form factions. Apparently, the second proposal seems to use democratic means of solving a problem, which seems to surface every time. On the other hand, historians and critics have argued that the first proposal has worst implication than the formation of factions. Human diversity is not a factor that any person can eliminate2. However, the society can develop better ways of dealing with diversified views. It is arguable that liberty of the society is not a privilege

Chrysler Group LLC Research Paper Example | Topics and Well Written Essays - 750 words

Chrysler Group LLC - Research Paper Example This is a good stance for our students since they will also learn the basic tenets of corporate social responsibility. As a reputable institution, we should groom our students so that they can meaningfully contribute to the development of different societies rather than just focusing on getting well paying jobs. This will also help to create a good reputation for the institution if we are associated with companies that are socially responsible for their operations. The aspect of good corporate citizen makes Chrysler Group an ideal company to partner with in as far as internship for our students is concerned. Good record of workplace safety The other reason why we should partner with Chrysler Group in terms of internship for our students is that it has a good record of workplace safety environment. Our students will be safe if they are attached to this company and they will also generate knowledge about the significance of creating and maintaining safe working environments. The Nation al Safety Council (NSC) recognized Chrysler Group’s focus on improving safety in the workplace recently. Each company has a responsibility of ensuring that it creates a safe working environment and there is no doubt that Chrysler is good in this particular area. The company also strives to maintain good records of quality working relationships and this will help our students to gain the practical experience they so much require. This will also help our students to transform the theoretical knowledge they have so far acquired from their academic courses into practice. The aspect of good record of workplace safety maintained by Chrysler Group will play a pivotal role in the development of our students. Committed to develop diverse future business leaders Finally, there are indications that the company will uphold its commitment to develop diverse future business leaders. This is evidenced by Zetsche’s outstanding leadership qualities that significantly helped the company to turnaround its fortunes in the early 2000 after unprecedented loses. This leader is accommodative and to date Chrysler Group boasts of diverse and competitive leaders who come from different parts of the globe. The major success of the company can be attributed to its strategy of recruiting talented people from diverse backgrounds. The company also has retention schemes in places that are meant to ensure that all the skilled workers stay for a long period there. The company also has a policy that is meant to attract students for internship and this program is designed in such a way that the students will improve their business communication skills. Of notable concern is the fact that Chrysler Group offer scholarships to talented MBA candidates and it draws the applicants from more than 30 of the nation’s leading business schools. It will be a privilege for our school to be associated with is reputable company since it will help us to create a positive image. On top of tha t, our students will be marketable internationally which will be an added advantage to them as well as our institution. It is my conviction that the company’s commitment to develop diverse future business leaders will go a long way in assisting our students with their internship

Unit 3 Part 1 Essay Example | Topics and Well Written Essays - 500 words

Unit 3 Part 1 - Essay Example Anderson and Bushman (2001), provide a better understanding of such effects on viewers. Their scientific research states that, â€Å"Violent media increase aggression by teaching observers how to aggress, by priming aggressive cognitions (including previously learned aggressive scripts and aggressive perceptual schemata), by increasing arousal, or by creating an aggressive affective state.† The violent video games are not only affecting the social, psychological and physical wellbeing of children but are also affecting their activities including education, family relationships and interating abilities. In this regard, Lynch et al. (2004), provide studies which â€Å"show a fairly consistent negative correlation between recreational video game play and grades.† Children, who are aggressive by nature without any external factor increasing this aggression, are more likely to be affected by such video games. A correlational study conducted by Anderson and Dill (2000) concludes that the relationship between violent video games and aggression are more likely to be devastating for children having aggressive behaviour or showing negative behaviours in their early life. The main result of the study by Baldacci, Pasold, Baumgardner, & Funk (2004) proposed that media exposure directly relates to the desensitization of children from violence. It also leads to lower empathy when it comes to real life violence. The more a child is exposed to violence in media or video games the more he is desensitized to his surroundings. Similarly it was also found through the study the empathy level of the children was also significantly lowered down with the increased exposure to media and games. Hence, we may conclude that the effects of violent video games and exposure of violence on media is affecting children greatly. There is a need to research the effects in depth and analyze the changes that occur in children’s behaviour after getting exposed to media

Histograms Essay Example | Topics and Well Written Essays - 500 words

Histograms - Essay Example Notably, histograms are indispensable in tabulating and analysis of data acquired from the intelligent quotient scores of both males and females varying results. In addition, it gives details on the mean, minimum, maximum, standard deviation, class width and skewness of the intelligent quotient scores of both male and females. Considerably, histograms are significant in showing the distribution of data thus, it is essential to establish the differences that occur in the intelligent quotient scores of both male and females. More than often, female are agreeable and open with their feelings as compared to their male counterparts who are assertive. As a result, the intelligent quotient tests that require details on information about a person’s openness, empathy and facial expression make females more likely to score highly than males, because in nature, they give detail information and are skilful in verbal communication. On the other hand, the male will give less information and as a result, score poorly in the intelligent quotient test. In addition, the memory holding capability of both males and females differ because the male counterparts have the ability to recall encounters masculine in nature and scores highly as such, if the intelligence quotient test asked are dealing with events of masculine’s nature. On the other hand, females have the ability to remember experiences, faces and names of individuals and places (Garlick, 2003). As a result, female participants score highly in intel ligent quotient tests that incorporate questions dealing with remembering events and experiences they encountered before hence scoring highly than their males counterparts. Extensively, males are proficient in things that involves mental rotation and mathematical in nature (Dykiert, Gale & Deary, 2007). As a result, tests set with mathematical calculation makes the males comfortable and tackle them with much ease and score highly than the females. In addition, many

Consumer Behaviour Term Paper - Company Analysis Essay

Consumer Behaviour Term Paper - Company Analysis - Essay Example BA is traded on the London Stock Exchange and the New York Stock Exchange.(LSE:BAY,NYSE:BAB)The current share price, as on 27th march is  £499.(with a 52 week high of  £579.5 and a low of  £277.0). The origin of British Airways corresponds to the origin of the civil aviation industry in the world. On Aug 25,1919 British Airways forerunner company Aircraft Transport and Travel(AT&T) introduced the world’s first daily international scheduled air service between London and Paris. On 31st March 1924, Britian’s four airlines-Instone, Handley Page, Daimler Airways and British Air Marine Navigation-were amalgamated to form Imperial Airways. In 1935 a number of small UK air transport companies merged to form the original privately owned British Airways Ltd.In 1939 Imperial Airways and British Airways were nationalized to form British Overseas Airways Corporation(BOAC).After the second world war BOAC continued to operate long-haul services while continental European and domestic flights were operated by a newly formed company-British European Airways(BEA).In 1972 BOAC and BEA were combined under the British Airways Board which lead to the creation of British Airways in 19 74. In 1981, a management team was instituted under the chairmanship of Lord King with the objective to run the corporation on more commercial lines turns around its financial performance and prepare it for potential privatization (which implied full transfer of ownership to the private sector rather than simply a sale of minority interest.)The new regime sought to re-organize the company in a number of ways including the following: BA continued to be a public corporation until 1984 when it became a public limited company (plc) in readiness for floatation. In early 1987 the Government sold the entirety of it’s stake in the airline,ie;no minority interest was retained and sales proceeds of  £900 million were realized. The company is enjoying robust financial health. For the year ending 31st March

State of the U.S. economy for the first half of 2008 Essay Example for Free

State of the U.S. economy for the first half of 2008 Essay In the first half of 2008, four things are pummeling the typical American: the housing bust, the credit crunch, higher fuel and food costs and, most recently, a weakening labor market. The unemployment rate rose to 5. 1% in March, while the private sector lost jobs for the fourth month in a row. Consumer confidence is in a 26-year low. Feeling poorer and with fewer people prepared to lend money, consumers are cutting back. Seeing that consumer spending accounts for 70% of American demand, makes it more difficult for the economy especially when it is coupled with a collapse in the once mighty construction industry. The International Monetary Fund (IMF) now officially predicts an American recession in 2008. (The Economist). For the first time, Federal Reserve Chairman Ben Bernanke conceded that the U. S. economy may slip into recession but said growth should pick up later this year as the impact of interest rate cuts and other emergency steps take root. Bernanke told a congressional panel that the economy appeared to be growing, but warned it could shrink in the first half of 2008 as housing and financial markets remain distressed despite dramatic Fed interest rate cuts and emergency lending (Reuters). Volatility and crisis were the watchwords of the U. S. economy in 2007 buffeted by rising oil prices and the subprime mortgage crisis. Their combined impact stretched into 2008 especially in the first half, slowing economic growth. The impact of these factors was felt in the broader economy undermining both business investment and consumer confidence. The U. S. Chamber of Commerce appears to be more optimistic predicting modest growth averaging about 2% in the first half of the year, an improvement over a weak fourth quarter of 2007. Growth should increase to 2. 5% in the second half, as the housing sector bottoms out. Job growth will continue, albeit at a relatively slow pace-with the unemployment rate rising slightly above 5%. Corporate profits should improve as 2008 progresses and business investment will pick up modestly by the middle of the year. Export growth will continue to brighten the overall economic picture. Inflation will be in the moderate range, making further interest rate reductions less likely as the year progresses (US Chamber of Commerce). As 2008 progressed, many Americans experienced a growing despair as they watched their largest asset- the family home- decline in value. The United States is experiencing its worst housing recession in more than 15 years. Underscoring the breadth of the real estate recession, sales of existing homes fell in 45 states and Washington D. C. and prices dropped in more than half the metro areas it tracks according to the National Association of Realtors. In fact, homes are selling at a price 24% less than year ago as foreclosures continue to increase dramatically at 57% in Southern California. The slide in sales are predicted to persist and prices will likely fall throughout 2008, according to a majority of economists surveyed last month by USA TODAY (Knox). The housing downturn is spreading more broadly through the economy. Employers are shedding jobs, consumer confidence and spending have been shaken, and lenders have pulled back. If not for stronger demand for U. S. goods brought on by a weaker dollar, the economy would be in worse shape. To cushion the effect of the on-going crisis, the Federal Reserve has slashed interest rates, promised more cuts if the economy stays weak and perhaps most importantly sharply reduced the odds of financial-market catastrophe by extending its safety net to investment banks. The Federal Reserve has lowered benchmark interest rates by three percentage points to 2. 25 percent since mid-September to help put a floor under an economy hit hard by a housing slump and credit market turmoil. Bernanke said those rate cuts and other emergency measures to thaw frozen credit markets should promote growth over time. Also, Bernanke staunchly defended the Federal Reserves decision last month to broker JPMorgan Chases (JPM) takeover of investment bank Bear Stearns, (BSC) including approval of a loan backed by $30 billion of Bear Stearns assets. According to Bernanke, â€Å"A Bear Stearns default could have sparked a chaotic unwinding affecting the overall economy. Given exceptional pressures on the global economy and financial system, the damage caused by a potential Bear Stearns default could have been severe and extremely difficult to contain† (Kirchhoff). In retrospect, if the Federal Reserve did not intervene bankruptcy was inevitable which might have caused the U. S. and global markets to collapse. Even though the economy is slowing, inflation, boosted by skyrocketing energy and food prices remains a concern and constraint for the central bank. Another factor would be the declining value of the dollar; if the dollar buys less, inflation rises. The Federal Reserve data show that the U. S. dollar has declined about 10 percent over the past year against a trade-weighted basket of currencies from major U. S. trading partners. Moreover, the dollar sank to new lows against the euro in the days following March 4, 2008 after a series of dour reports on the U. S. economy and expectations that the Federal Reserve will continue slashing interest rates. Indeed, with the falling of the dollar, prices of all the things bought are rising. The Producer Price Index for one month was up 1. 1% in March with the price of wheat and rice up at least 100 percent than last year. The price of oil reached $114 a barrel and gasoline is also at a new high of $3. 38 per gallon. Purchases of crude oil jumped, reflecting increases in the number of barrels bought and a record price surpassing $100 a barrel on the New York Mercantile Exchange early this year. The U. S. is the worlds biggest consumer of crude oil and higher fuel costs are making imports more expensive (Bloomberg). America is in fact the worst food and energy inflation in two decades and consumers take a direct hit. The pace of job losses in America has been relatively mild compared with previous downturns. However, data showed the economy during February shed the biggest amount of jobs in nearly five years. Because of the high fuel prices, budget airlines are bleeding and are filing bankruptcies resulting to further job losses. Frontier airline was the fourth airlines to do so in just two weeks. There is also slow spending in malls everywhere as increasing number of consumers struggling to make ends meet causing retailers such as Sharper image, Levitz Furniture and stores like Ann Taylor, Zales Jeweler and Footlocker to close. General Electric (GE), second largest company on Earth, reported a 6% loss in income for the first quarter. It was a surprise result that rattled Wall Street with the stocks of GE experiencing its worst one-day loss since the 1987 crash. GE had a lot of trouble selling commercial real state and people are not buying appliances. Economic figures indicate a weakening economy. The Energy Information Administration (EIA) forecast that U. S. real gross domestic product would contract from $11. 577 trillion in the fourth quarter of 2007 to $11. 563 trillion in the first quarter of 2008, then decline to $11. 542 trillion in the second quarter. U. S. Stock prices continue to slip, with the blue chip Dow Jones industrial average closing down at the 12,000-level. Prices for U. S. government bonds also fell, as did the value of the dollar. As waves of bad news began to wash in- foreclosures, tumbling dollar, falling retail sales and more recently investment bank rescues- exporters were the only thing keeping the national nose and lips above the recessionary waters. The decline in the value of the dollar relative to other currencies, notably the euro, has helped make U. S. goods less expensive for overseas buyers and therefore more attractive. This fuelled a healthy global demand for U. S. products and services resulting to earnings from exports rising to a new record (Chandra). So what can be done in order to address the crisis? The government should introduce a fiscal stimulus, which would help create new jobs in 2008, and induce consumer spending through tax rebates in order to keep the economy moving. To try and keep the subprime-mortgage crisis from escalating, the Federal Reserve should propose changes for loans including requirements that creditors should strictly verify a prospective borrower’s income and assets before providing actual loans. The government must offer mortgage advice to homebuyers who may not have understood the risks. Often borrowers did not even realize that their monthly payment would rise if interest rates went up. Subprime borrowers on adjustable interest rates, whose mortgages make up just 7% of the total, accounted for more than 40% of the foreclosures begun in the fourth quarter of last year (The Economist). And if the subprime mortgage crisis gets worse, the government should consider a possible bailout for the housing market. For a long-term solution, a new version of a deliberate program to build up the middle class must be instituted similar in nature with postwar programs like the G. I. Bill, interstate highway system and other measures with job-creating investments in biomedical research, alternative energy, roads, railroads and education (McIntyre). The G. I. Bill, created after World War II, was one of America’s most successful investments. According to the 1988 report for Congresss Subcommittee on Education and Health of the Joint Economic Committee by 1952, the US government had spent $14 billion (1952 dollars) on educational and job training benefits for 7. 8 million veterans. Of these funds, $7 billion was spent on college and graduate school for 2. 2 million G. I. ’s. ? The first benefit from this investment was increased growth in the economy. The report calculated that about 40 percent of those who took advantage of the G. I. Bill would not otherwise have been able to attend college. The extra output those people created in the economy amounted to $35. 6 billion (1952 dollars after factoring out inflation) over the next 35 years. America is in the bleak of a recession and a sound economic plan should be in place to cushion its effect. References Chandra, Shobhana. â€Å"U. S. January Trade Deficit Rises 0. 6%; Exports Gain (Update6)†. Bloomberg. 29 April 2008. 29 April 2008. http://www. bloomberg. com/apps/news? pid=20601087refer=homesid=aynvcWrnI 8w. Doggett, Tom. â€Å"UPDATE 2-U. S. economy to contract in 1st half of 2008 –EIA†. Reuters. 11 March 2008. 2 May 2008. http://www. reuters. com/article/oilRpt/idUSN1148909720080311. Kirchhoff, Sue. â€Å"Fed chief Bernanke defends Bear Stearns deal†. USA Today. 4 April 2008. 2 May 2008. http://www. usatoday. com/money/economy/2008-04-02-bernanke economy_N. htm . Knox, Noelle. â€Å"Falling home sales problem spreads to 45 States†. USA Today. 14 Feb 2008. 2 May 2008. http://www. usatoday. com/money/economy/housing/2008-02-14 housing-q4 nar_N. htm. McIntyre, Jamie â€Å"Tenth anniversary of the Gulf War: A look back† CNN. com In-depth specials Gulf War. 16 Jan. 2001. 24 April 2008. http://archives. cnn. com/2001/US/01/16/gulf. anniversary/index. html. MoneyNews. â€Å"Treasury: Economy May Improve in 2nd Half 2008†. MoneyNews . 24 April 2008. 2 May 2008. http://moneynews. newsmax. com/money/archives/articles/2008/4/24/085350. cfm. Subcommittee on Education and Health of the Joint Economic Committee (1988). A Cost Benefit Analysis of Government Investment in Post-Secondary Education Under the World War II GI Bill. The Economist. â€Å"Getting it right on the money†. The Economist. 3 April 2008. 8 April 2008. http://www. economist. com/displaystory. cfm? story_id=10958702. US Chamber of Commerce. â€Å"The Economy in 2008†. US Chamber of Commerce. 2 May 2008.

Optical Distortion Essay Example for Free

Optical Distortion Essay What is the optimal pricing policy for Optical Distortion, Inc. (ODI) so its product can penetrate the market with sustainable contribution? Company: ODI manufactures and market contact lens for chicken that could partially blind the chicken thus prevent chickens from cannibalism behaviors toward each other, a problem that was traditionally solved by debeaking. Competition: Primary- The product is revolutionary at the time, plus ODI secured an exclusive contract with the suppliers for the contact’s material. As such, we expect no other firms would product the same product to compete with ODI in the short term. Secondary- Traditionally, debeaking is the method to solve the cannibalism problem among chickens. The labor cost of debeaking is about the same as the cost of contact lens installation. Nevertheless, contact lens provides other benefits compared to debeaking such as further lowering the mortality rate of chicken caused by cannibalism, reducing the feed consumption, and causing no negative effects to the productivity of a chicken. Customer: In order to substantiate the benefit of ODI’s product, a chicken farm needs to have at least 10,000 or more chickens. Such farms comprise of 3% of total US chicken farm. From exhibit 3, California has 592 farms with flock size of 20,000 or more in 1969. Segmentation: From the geographic perspective, California, North Carolina, and Georgia are the largest markets in the U. S. Given that ODI only has $200,000 initial capital and only four people work part time for the project, ODI should focus on the California market at least for the beginning. From the farm size perspective, the size of a chicken farm can be categorized as small farm, which has 10,000 or fewer chicken, medium farms, which has 10,000 to 50,000 chicken, and large farms, which contain over 50,000 chickens. Targeting: ODI should focus on large farms first then medium farms. Small farms are not ODI’s target because they are not economically feasible for ODI’s products. Focusing on large farms has several benefits: first, large farms has much greater potential benefits to use ODI’s products due to the economy of scale, the substantial financial incentives will make the persuasions to use ODI’s products much easier. Second, the owners of large farms are more likely to be entrepreneurial minded and are more open to adopt new and novel technologies/products. Third, if large farms start to use ODI’s products, smaller farms may be attracted to follow these large farm’s steps. Fourth, consider the extremely limited sales force of ODI in the initial phrase, focusing on large farms can bring more contributions for the company. Positioning: For owners of chicken farms with more than 10,000 birds in California, ODI’s product can successfully reduces the morality rate of chicken due to cannibalism and lower the feed consumption of chickens without the negative effects that result in loss in egg productions, exemplified by this revolutionary products that underwent numerous trials and testings. P Analysis: Of the 4 P’s, the most relevant one is the pricing strategy for ODI because it will directly impact the penetration rate and positioning of the new product. Price- Based on the information provided in the case, we can derive the potential benefit of using ODI’s contact lens versus traditional debeaking method.