Regina Company Case Study Example | Topics and Well Written Essays - 500 words

Regina Company - Case Study Example d went on unidentified for a long period of time and it made the company create a good image of its success but this was not to go on since the company started experiencing losses when it could not keep up with the fraud. The auditors should have checked the financial records and also identify the source documents for every activity of Regina so as to determine if the figures were the same in all the receipts and the records maintained by Regina. 4. Since the auditors detected one ship-in-place transaction they ought to have acted independently and carry out a thorough investigation on the matter even after being told that there was no additional ship-in-place transaction as this is the duty of the auditor to ensure that dig deeper on the issue without trusting the people on the ground as they tend to conceal the truth. 5. The auditor is supposed to place little or no reliance on the client inquiries. The client is only supposed to answer questions when called upon to do so by the auditor and no opinion or suggestion should be taken from the client whatsoever. 6. The statement â€Å"why don’t you write something to get the stock up?† made by Sheelen to his financial analyst is inappropriate in the sense that it amounts to a fraud on the part of the company and also it is a way of conceal the true value of the company’s stocks from the innocent

Physical Science Essay Example | Topics and Well Written Essays - 250 words - 3

Physical Science - Essay Example This situation could be reversed and normal operation restored after diagnosing the problem. In this context, the portable room heater needs to have high resistance so as to be effective in emission of heat. As such, a high current would be required for this function. The high current demanded by the heater would cause a high flow of current in the electric connection in the room. The circuit breaker exposed to the high current would cause the metal strip in it to warm up and bend away, breaking the circuit connection in the room, breaking normal electric supply which causes the lights to go off. Similarly, the metal strip in the circuit breaker could be of too low resistance. As such, it fails to contain the flow of current required for normal operation of the room heater. As such, any slight rise in the current above what sustains lighting of the bulbs in the room would exceed its resistance threshold, warming up the metal strip causing it to bend away from the circuit and breaking the electric connection and the lights go

Investment Ethics Essay Example for Free

Investment Ethics Essay The contemporary world of today functions on investment. There are many types of investment such as investment in property, shares, mutual funds, sugar, gold, oil, rice etcetera (Theodore , 1992). The list goes on and on with some forms of investment so inanely mundane like investment in over priced paintings by unknown artists that one is forced to shake their heads at the inanes of how far the concept of investment has come since its inception. Investment is described in dictionary as: â€Å"In finance, investment is the purchase of a financial product or other item of value with an expectation of favorable future returns. In general terms, investment means the use money in the hope of making more money. In business it is the purchase by a producer of a physical good, such as durable equipment or inventory, in the hope of improving future business. † Gambling on the other hand is almost as old as investment itself and its exact origins are unknown. Scientists believe that the ancient Romans would bet on the outcomes of chariot races and gladiator fights. It could be defined as: â€Å"†¦the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period (Linda , 2006). † Now, a raging debate in the world today is whether investment is or is not just another form of gambling. I am an opponent of this statement but will first give an argument in favor of the statement. The purpose of me including the definitions above was to prove that even the meaning of the words investment and gambling themselves are similar. Any kind of investment be it financial or physical, is done to gain money or to increase the investors’ wealth. Gambling also serves the same purpose which is to gain financially from an act (though some people gamble for the thrill of winning etc). Also, in money investment, finance managers everyday gamble outrageous amounts of other peoples’ money on chance. Such transactions entail high risks and if this is not a form of gambling then what is? In fact, in some religions like Islam, most forms of investment except investment in property and currency, is forbidden because they proclaim it to be gambling which is also forbidden in the religion. In that way, if for people of some faiths it is forbidden completely, then it is wrong from an ethical perspective because you are risking not only your own earnings but the money of those who have entrusted you with their wealth (like shareholders to security companies). In addition, it is wrong from a moral point of view. This is because gambling gives rise to selfishness in the human heart. Greed is a natural emotion for almost all people and investing money in the form of higher returns gives birth to insatiability for more money which is why we often see people at casinos squander all their gambling winnings in hope of winning more and more. It is selfish because gamblers profit on the wealth of others and do not care about the next person or what big a loss he suffers. Another way that gambling can be wrong is that it may make people idle and complacent. They may be happy to earn their money through gambling only. They may not work hard because of this for a living because of this and continue to live off gambling without caring that it is not a permanent or very stable source of income (Elizabeth , 2007). But even though their definitions may be partly similar, the two words are not common in their truest sense. I agree that investment puts peoples’ money at risk for chance of a higher return but it is done by professionals like investment managers and financial accountants instead of novices or any Tom, Dick and Harry trying out their luck like in gambling. It is a whole structured business activity with companies spending months deciding how to spend their customer’s capital and hedging (or insulating) the investment against any negative exchange rate or interest movement. Gambling on the other hand requires no such months of planning and development and can be done on the spot. Secondly, gambling involves one party losing and the other winning. The winning of one depends on the other’s loss. In investment, there is no such tradeoff and all investors can benefit at the same time. Another very valid point here is that gamblers often don’t have the same intensive information that investors have. In the long term, gamblers are always paid less in winnings then they have invested. That is not the case with investment. So the debate between whether gambling and investment continues unresolved with both sides vehemently arguing their point. Works Cited Theodore, V. Ethics in Investment Profession. Research Foundation of the Institute of Chart. (May 1992). Linda, K. T. Managing Business Ethics. Wiley. (Aug 2006). Elizabeth, A. C. The Psychology of Ethics In finance and Investment. Research Foundation of CFA Institute. (June 2007).

Differentiate Between Investment Speculation And Gambling Finance Essay

Differentiate Between Investment Speculation And Gambling Finance Essay Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time.[1] In contrast putting money into something with an expectation of gain without thorough analysis, without security of principal, and without security of return is gambling. Putting money into something with an expectation of gain with thorough analysis, without security of principal, and without security of return is speculation This is the ups and downs of the market. When the market experiences big swings up and down, especially down, this can make a lot of folks sick. The sicker it makes you feel the more you should look at your portfolio and adjust it so you can handle the wild swings of the market. This could mean that you invest a higher percentage of your portfolio in bonds, which are a less risky type of investment. Inflation Risk The cost of living goes up. If you invest in something that returns 2% and inflation goes up 4% then youve lost 2% of the value in your investment. My parents and parents-in-law thought they would be able to live their retirement years with $100,000.00. Back then, 1930s thru 1940s, $100,000.00 made people feel they were rich forever. Opportunity Risk Opportunity Risk is when you decide to invest in one type of investment, youre also deciding not to invest in others. So if you commit money to a certain investment and it goes down in value, youre stuck in that investment and are not able to participate in another investment that might be more attractive. This is especially apparent when you purchase your own bonds for instance. You could be stuck in a 10-year bond and you want to get out because of high interest rates. You would then be forced to sell for a loss. Its much better to invest in bond funds because the fund manager has the ability to invest in many different types of bonds. Reinvestment Risk Reinvestment Risk has to do with timed investments like CDs and bonds that you purchase yourself. A mutual fund manager has the ability to diversify a portfolio of these types of investments by selecting from a larger basket of different types of CDs and bonds to reduce the risk. Concentration Risk Diversification, Diversification, Diversification. Dont concentrate your investment dollars in one type of investment. Read my article here on Diversification. Interest Rate Risk When the Fed messes around with the interest rates moving them up and down, the markets react. The value of bonds go up when interest rates go down. The value of bonds go down when interest rates go up. Keeping a well diversified portfolio will reduce the affects the Feds have on your portfolio. Credit Risk The Credit Crunch is what weve been in lately. The financial sector has taken a hit. The financial sector includes lenders like Countrywide Bank. On another note, Im watching that sector with everyone else because it just might be getting ripe to pick. Since I write about options at this site thats how Id play it if something comes up that looks interesting. Marketability Risk Having the ability to sell you investment(s). This pertains to a low interest in stocks, bonds or CDs that you may personally own. By low interest I mean not enough buyers. This is reduced immensely if you invest in a mutual fund. Currency Translation Risk The value of the dollar goes up and down in the international market depending on what country. This is one reason why its good to just have 10% of your portfolio in the international market. Timing Risk The market goes down and you feel uncomfortable about it so you sell one of your investments that you shouldnt sell bad timing. Difference between Investment , Speculation : The main difference between speculating and investing is the amount of of risk undertaken in the trade. Typically, high-risk trades that are almost akin to gambling fall under the umbrella of speculation, whereas lower-risk investments based on fundamentals and analysis fall into the category of investing. Investors seek to generate a satisfactory return on their capital by taking on an average or below-average amount of risk. On the other hand, speculators are seeking to make abnormally high returns from bets that can go one way or the other. It should be noted that speculation is not exactly like gambling because speculators do try to make an educated decision on the direction of the trade, but the risk inherent in the trade tends to be significantly above average. The term investment is used to suggest a commitment that is relatively free from certain risk of loss.It is restricted to situations promising dependable income , relatively stable value, a modest rate of return and a relatively little chance for spectacular capital appreciation. People who seek high income yields or large capital gains are therefore said to forsake investment for speculation. Speculation differs from investment with respect to the limit of the investor i.e the period for which a person is investing and the risk-return characteristics of the investment.An investor is always interested in a good and consistent rate of return for a long period of time. However , a speculator is less interested in earning very large returns , higher than the normal rate of return , in a short time. The word speculate comes from the latin word, speculate meaning to see ahead . Speculation is a reasoned anticipation of future conditions. A speculator tries to perceive investment values ahead of the general public. It attempts to organize the relevant knowledge as a support for judgements. Infact , everything we do in this world is a speculation. One must have the courage to make decisions when the conditions are unfavorable such as panic , despair or optimism. Most successful speculators operate on a single principle of buying in underpriced markets and selling out in overpriced markets. Thus speculation is a deliberate assumption of risks in ventures , which offer the hope of commensurate gains. These expected gains might be much larger than an investment would offer.The speculation are more interested in price gains than in income. Difference between Investment and Gambling: According to most dictionaries , gambling is an art of risk taking without the knowledge of the exact nature of risk. Many people speculate heavily on the strength of tips or gossip and plunge into situation , which they do not understand. This is gambling even though the commitment is of reasonable speculative quantity. Gambling is based on tips , rumours and it is an unplanned and non-scientific act. A gambler risks more than he/she can afford. It is considered to involve the shortest time period and highest risk. Typical examples of gambling are betting on horse riding , game of cards , lottery etc.Holding shares for the duration of a stock exchange fortnightly account might be termed as speculation . but to bet on the course of the stock market over the same period with a book maker is considered to be a gambling. Difference between Gambling and Speculation Gambling and Speculation are popular among those who want to make easy money. One cannot deny that money has been ruling the world today. People always thrive to profit, and the easier it is to earn money, the better. With that mindset comes the popularity of gambling and speculation. But what might we overlook is the fact that even if these two seems to have the same goal, there is difference between gambling and speculation. Gambling If you want cash within a snap, maybe gambling can help you with that. When one say gambling, it would usually connote casinos, lotteries and slot machines. And every time you gamble, there are only two things you can expect, it is either you win, or you lose. This has been popular because you only have to spend a small amount of money for stakes that are very high. For example, in lottery, the jackpot would amount to millions of dollars, but you can bet for just a couple of bucks. Speculation If one wants to increase his chances to profit one might try to speculate. Speculation is just like investment, you initially put in a capital expecting a profit in return. This is also defined as the act of placing funds on a financial vehicle with the intention of getting satisfactory returns over an amount of time. The stock market is a widely known rendezvous for speculators. The main points of difference are as follows: Gambling and speculation are vehicles to profit easily. The probability to succeed in either gambling or speculation is undetermined. The success of a speculator would be because of his skills and knowledge while the success of a gambler would be due to his luck. Gambling can be done without thinking while speculation needs in depth study. 5. Speculation needs a lot more hard work compared to gambling Q2 : What are Financial Markets with examples? What is the difference between Money Market and Capital Market? Explain in detail one money market instrument and one capital market instrument. Ans :A financial market is a market in which people and entities can trade financial securities, commodities, and other fungible items of value at low transaction costs and at prices that reflect supply and demand. Securities include stocks and bonds, and commodities include precious metals or agricultural goods. Structure of Financial Market FINANCIAL MARKET MONEY MARKET CAPITAL MARKET DERIVATIVES MARKET EQUITY MARKET LONG TERM DEBT MARKET FUTURES MARKET OPTIONS MARKET GOVT DEBT MARKET CORPORATE DEBT MARKET SECONDARY MARKET PRIMARY MARKET Types of financial markets: Within the financial sector, the term financial markets is often used to refer just to the markets that are used to raise finance: for long term finance, the Capital markets; for short term finance, the Money markets. Hence we can say that basically there are two types of markets: Capital Market Money Market Capital markets which consist of: Stock markets : which provide financing through the issuance of shares or common stock, and enable the subsequent trading thereof. Bond markets : which provide financing through the issuance of bonds, and enable the subsequent trading thereof. Commodity markets, which facilitate the trading of commodities. Capital markets are markets that trade equity (stocks) and debt (bonds) instruments having maturities more than a year. Due to their longer maturity , these instruments experience wider price fluctuations , higher credit and interest rate risks than the money market instruments. In contrast to money markets, capital markets are used for long term investments. They provide an alternative to investment in real assets such as real estate or gold. Money markets, which provide short term debt financing and investment. Money market consists of: Certificate of deposit Treasury Bills Commercial Papers etc The need for money market arises because of the immediate cash needs of individuals , corporation and govt do not necessarily coincide with their receipts of cash. The money market enables large sum of money to be transferred quickly and at a low cots from one economic unit ( business , govt , bank etc.) to another economic unit for relatively shorter period. Difference between Money Market and Capital Market: Money market is distinguished from capital market on the basis of the maturity period, credit instruments and the institutions: Maturity Period: The money market deals in the lending and borrowing of short-term finance (i.e., for one year or less), while the capital market deals in the lending and borrowing of long-term finance (i.e., for more than one year). Credit Instruments: The main credit instruments of the money market are call money, collateral loans, acceptances, bills of exchange. On the other hand, the main instruments used in the capital market are stocks, shares, debentures, bonds, securities of the government. Nature of Credit Instruments: The credit instruments dealt with in the capital market are more heterogeneous than those in money market. Some homogeneity of credit instruments is needed for the operation of financial markets. Too much diversity creates problems for the investors. Institutions: Important institutions operating in the money market are central banks, commercial banks, acceptance houses, nonbank financial institutions, bill brokers, etc. Important institutions of the capital market are stock exchanges, commercial banks and nonbank institutions, such as insurance companies, mortgage banks, building societies, etc. Purpose of Loan: The money market meets the short-term credit needs of business; it provides working capital to the industrialists. The capital market, on the other hand, caters the long-term credit needs of the industrialists and provides fixed capital to buy land, machinery, etc. Risk: The degree of risk is small in the money market. The risk is much greater in capital market. The maturity of one year or less gives little time for a default to occur, so the risk is minimised. Risk varies both in degree and nature throughout the capital market. Basic Role: The basic role of money market is that of liquidity adjustment. The basic role of capital market is that of putting capital to work, preferably to long-term, secure and productive employment. Relation with Central Bank: The money market is closely and directly linked with central bank of the country. The capital market feels central banks influence, but mainly indirectly and through the money market. Market Regulation: In the money market, commercial banks are closely regulated. In the capital market, the institutions are not much regulated. Explanation of Treasury Bills (Money market instrument): Treasury Bills (T-Bills): Treasury Bills, one of the safest money market instruments, are short term borrowing instruments of the Central Government of the Country issued through the Central Bank (RBI in India). They are zero risk instruments, and hence the returns are not so attractive. It is available both in primary market as well as secondary market. It is a promise to pay a said sum after a specified period. T-bills are short-term securities that mature in one year or less from their issue date. They are issued with three-month, six-month and one-year maturity periods. The Central Government issues T- Bills at a price less than their face value (par value). They are issued with a promise to pay full face value on maturity. So, when the T-Bills mature, the government pays the holder its face value. The difference between the purchase price and the maturity value is the interest income earned by the purchaser of the instrument. T-Bills are issued through a bidding process at auctions. The bid can be prepared either competitively or non-competitively. In the second type of bidding, return required is not specified and the one determined at the auction is received on maturity. Whereas, in case of competitive bidding, the return required on maturity is specified in the bid. In case the return specified is too high then the T-Bill might not be issued to the bidder. At present, the Government of India issues three types of treasury bills through auctions, namely, 91-day, 182-day and 364-day. There are no treasury bills issued by State Governments. Treasury bills are available for a minimum amount of Rs.25K and in its multiples. While 91-day T-bills are auctioned every week on Wednesdays, 182-day and 364- day T-bills are auctioned every alternate week on Wednesdays. The Reserve Bank of India issues a quarterly calendar of T-bill auctions which is available at the Banks website. It also announces the exact dates of auction, the amount to be auctioned and payment dates by issuing press releases prior to every auction. Payment by allottees at the auction is required to be made by debit to their/ custodians current account. T-bills auctions are held on the Negotiated Dealing System (NDS) and the members electronically submit their bids on the system. NDS is an electronic platform for facilitating dealing in Government Securities and Money Market Inst ruments. RBI issues these instruments to absorb liquidity from the market by contracting the money supply. In banking terms, this is called Reverse Repurchase (Reverse Repo). On the other hand, when RBI purchases back these instruments at a specified date mentioned at the time of transaction, liquidity is infused in the market. This is called Repo (Repurchase) transaction Debentures ( A Capital Market Instrument): A debenture is a document which either creates a debt or acknowledges it. Debenture issued by a company is in the form of a certificate acknowledging indebtedness. The debentures are issued under the Companys Common Seal. Debentures are one of a series issued to a number of lenders. The date of repayment is specified in the debentures. Debentures are issued against a charge on the assets of the Company. Debentures holders have no right to vote at the meetings of the companies. Kinds of Debentures: (a)Bearer Debentures: They are registered and are payable to the bearer. They are negotiable instruments and are transferable by delivery. (b) Registered Debentures: They are payable to the registered holder whose name appears both on the debentures and in the Register of Debenture Holders maintained by the company. Registered Debentures can be transferred but have to be registered again. Registered Debentures are not negotiable instruments. A registered debenture contains a commitment to pay the principal sum and interest. It also has a description of the charge and a statement that it is Issued subject to the conditions endorsed therein. (c) Secured Debentures: Debentures which create a change on the assets of the company which may be fixed or floating are known as secured Debentures. The term bonds and debentures(secured) are used interchangeably in common parlance. In USA, BOND is a long term contract which is secured, whereas a debentures is an unsecured one. (d) Unsecured or Naked Debentures: Debentures which are issued without any charge on assets are insecured or naked debentures. The holders are like unsecured creditors and may see the company for the recovery of debt. (e) Redeemable Debentures: Normally debentures are issued on the condition that they shall be redeemed after a certain period. They can however, be reissued after redemption. (f) Perpetual Debentures: When debentures are irredeemable they are called perpetual. Perpetual Debentures cannot be issued in India at present. (g) Convertible Debentures: If an option is given to convert debentures into equity shares at the stated rate of exchange after a specified period, they are called convertible debentures. Convertible Debentures have become very popular in India. On conversion the holders cease to be lenders and become owners. Q3: What is the difference between Real Assets and Financial Assets? Explain in detail three non- marketable securities: Ans: Investment instruments or assets or securities are broadly classified into two categories : Financial assets and Real Assets. Real assets determine the wealth of an economy , whereas financial assets are merely claims to income generated by real assets . They are represented by paper and can also be termed as paper assets. Real Assets: A real asset is a tangible asset like gold, oil, and real estate.It has intrinsic value due to its utility. Its value is derived by virtue of what it represents.Real Assets have low correlations to traditional stocks and bonds. Because commodities have low correlations to stocks and bonds, they can be a good choice to lower your overall portfolio risk while enhancing your potential for better long-term risk-adjusted returns. A real asset is a tangible asset like gold, oil, and real estate.It has intrinsic value due to its utility. Its value is derived by virtue of what it represents.The types of real assets are as follows: Gold Oil Goodwill Trade Marks Patents Copyrights etc. Why invest in Real Assets? Real Assets have low correlations to traditional stocks and bonds. Because commodities have low correlations to stocks and bonds, they can be a good choice to lower your overall portfolio risk while enhancing your potential for better long-term risk-adjusted returns. What are financial assets Financial assets include Cash, and those assets that can be converted to cash in a reasonably short period of time one year at most, but less time in many cases. We will study the following financial assets: Cash Cash Equivalents Short Term Investments Accounts Receivable Cash and Cash Equivalents Cash is just as the word suggests. It includes cash money including paper and coins, checks and money orders to be deposited, money deposited in bank accounts that can be accessed quickly. The term liquid refers to Cash, and the ease or difficulty of converting an asset into Cash.   Cash Equivalents are highly liquid short term investments that can be turned into Cash very quickly. These include US Treasury bills, money market accounts and high grade commercial paper. When corporations need to borrow money for a very short time, they often sell commercial paper. These come due within a few months at most, and pay a higher interest rate than other investments.   Short Term Investments Short Term Investments include stocks and bonds that the company intends to hold only for a short time, and then sell and convert back to Cash. We consider it a good practice to convert unneeded cash to an investment account, where it can earn interest, dividends or show capital gains. These are shown on the balance sheet at their current market value, even if that is higher than the price paid for the investments. This is one of the few times we increase a balance sheet item above its historic cost. Accounts Receivable Companies often sell to their customers on credit. The amount the customers owe is called Accounts Receivable (AR). We would record AR at the same time the sale is made, deducting any cash paid at the time of purchase, etc. When customers pay, we subtract the payment from their accounts receivable balance.   Most companies use an Accounts Receivable Subsidiary Ledger, which is similar to the General Ledger. The subsidiary ledger contains detailed information about each customers account purchases, payments, returns, adjustments, etc. Most companies send statements at the of each month, listing the monthly transactions and ending balance due from each customer.   Difference between Real Assets and Financial Assets: With the advancement of economy , the relative importance of financial assets tends to increase . Even though the real assets differ greatly from financial assets , two forma are complementary and not competitive. The difference between real assets and financial assets can be summarised as follows: Real Assets determine the wealth of a society or economy whereas financial assets do not represent societys wealth. Real Assets contribute directly to the productive capacity of the economy while the contribution of financial assets to the productive capacity is indirect because they facilitate the transfer of funds to enterprises with attractive investment opportunities. Real assets produce goods and services whereas financial assets define the allocation of income or wealth among investors. Real assets appear only on the asset side of the balance sheet , while financial assets appear on both sides of balance sheet. Investing in real assets carries more risks than investing in paper assets. Non- Marketable Securities: Some financial assets are said to be non-marketable because they are neither transferable nor negotiable . The investors actually own these assets and cannot buy and sell them in the secondary market. Types of non-marketable securities are as follows: Bank Deposits: The most popular non-marketable assets held by an investor include deposits with the banks and their saving schemes. There are various types of deposits with banks such as current accounts, saving accounts and fixed deposits . Deposits on current account do not earn any interest whereas bank deposits earn intereest.The interest rate on these deposits vary depending upon the maturity period. Since saving accounts are deposited at regular interval, they have a fixed rate of interest.However , fixed deposits are recurring deposits with varying maturity period.Hence, the rates also vary. Features: They are best known type of investments that offers a high degree of safety on both the principal and the return on that principal. Bank deposits are highly liquid and can be encashed anytime. Loans can be raised against bank deposits. Non-Negotiable Certificate Of Deposit: Commercial banks and other financial institution offer a variety of savings certificates known as certificate of deposits (CDs). These instruments are available for various maturities. As the maturity increases , the rate of interest offered also increases. However large deposits may command higher rates , holding maturity constant . The credit risk associated with large CDs depend directly on the credit worthiness of the financial institution that issue them. Since large CDs are not insured , a CD holder may lose principal if the financial institution fails. Money Market Deposit Account: Financial Institutions offer Money Market Deposit Accounts with no interest rate ceilings.The Money Market Deposit Accounts require a minimum deposit to open. They pay competitive money market rates of interest and are insured by the Federal Deposit Insurance Corporation (FDIC) if the issued bank is insured. Withdrawals can be made , as many times as desired , in person or through automated teller machines (ATMs). There are no limitations on the number of deposits.

Gender Inequality Within the US Essay -- Gender Studies

The USA has a long history of bestowing freedom, choice and equal rights upon its citizens, but even though the US government no longer discriminates against race or nationality, gender is still an issue. Women’s rights have come a long way since August 26th 1920 - The date in which The 19th Amendment to the Constitution was signed into law, granting women the right to vote, but the fight is not over yet. Republican politicians like Rick Santorum and Rick Perry along with right-wing fanatics like Rush Limbaugh and fundamentalist religious groups want to profoundly change the rights of women in America. The radical ideologies embraced by these people attest that the use of contraception and the in statement of sexual education are abolishing core American values. The more extreme believe that women are too stupid to make their own medical decisions. These right-wing radicals wage zealous wars on female sexuality and a woman’s right to her own body. Unsurprisingly abortion and contraception are hot topics among the anti-feminists movement. Radical Christians see abortion as an unforgivable sin, even in the case of rape, and contraception as something that should simply be outlawed. The majority of these factions are predominantly white, Christian males. Interestingly enough there are no groups that protest men’s rights or claim that men have too much freedom over their bod ies. The battle over women’s rights to reproductive health care has recently taken a substantial legal step backwards. In 2011 alone, 19 states have enacted a total of 162 new laws relating to reproductive health. Unsurprisingly, 49 percent of these work to restrict access to abortion services, smashing the previous record of 34 legalized restrictions passed... ...male-dominated-student-government-and-why-it-matters/>. "Voting and Registration in the Election of November 2010." In the Election of November 2010. U.S Census Bureau, Oct. 2011. Web. 02 Mar. 2012. . "The 2012 Statistical Abstract." U.S Census Bureau. U.S Census Bureau, 2012. Web. 3 Mar. 2012. . "USA QuickFacts from the US Census Bureau." U.S Census Bureau. U.S Census Bureau, 17 Jan. 2012. Web. 03 Mar. 2012. . "Facts on Contraceptive Use in the United States." Guttmacher Institute: Home Page. Guttmacher Institute and the National Center for Health Statistics, June 2012. Web. 04 Mar. 2012. .

Spartan Political and Social System Essay example -- essays research p

Spartan Political and Social Systems Sparta was, above all, a military state, and emphasis on military fitness began at birth, imprinted through society and the political system. The education of the Spartan male children prove that the military and war was constantly a huge part of Spartan society, and the laws and systems that Sparta was governed by, only enforced the militaristic attitude into the society of Sparta. That the Spartans needed to be ready for war is proved by the discord between the Spartiate and the helots, who outnumbered and under ranked the Spartans. From birth Spartan children were expected to be physically strong and when male children were ten days old they were examined by a council of elders to see if the child had enough potential to be a warrior, or if it should be ‘exposed’. The children who were exposed were left to die at Apothetae on the slopes of Mt. Tygetus. The children who passed the examination were left in the care of their mothers until they reached the age of seven, at which point they left home to live in the barrack with other males, and were educated and trained in how to be a brave and strong warrior. While these children were still living at home they were mainly left in the care of a nurse, who taught them the first stage of their life-long education in the military. The nurses taught the children fight their fears as well as general superstition, toughening up the children so they would be able to better survive when they reach the age of seven and moved the barracks. Plutarch explains in source A how boys at the age of seven were put into the care of the state, and how they would grow up constantly training physically. When in the education system the boys learnt reading a... ...er’ in Sparta caused the Spartiates to be constantly prepared for a Helot uprise, as P. Cartledge explains in source F The helots were the Spartans slaves and were treated very poorly, being purposely set apart in image, given no rights, and beaten on several occasions. In fact each time new ephors were voted in, the helots would be rounded up and given an ‘annual beating’, so as the helots knew their place. However this treatment of the helots simply made the helots hate the Spartans, causing the Spartans to be even more prepared to an uprising, bringing the whole dilemma around in a circle. Spartans lived and breathed so that they could be ready for war. Their social and political structure shows this by their education of male Spartans, their laws and government procedures and also the necessity to be ready to protect themselves from a potential helot uprise.

“Brokeback Mountain” by Annie Proulx Essay

â€Å"Brokeback Mountain†Annie Proulx was born on August 22, 1935, in Norwich, Connecticut, into a family of farmers, mill workers, inventors, and artists whose ancestors had lived there for three centuries. Because of her father’s career in textiles, Proulx’s family constantly moved, so she lived in several states, including North Carolina, Vermont, Maine, and Rhode Island. She earned a bachelor’s degree in history from the University of Vermont in 1969 and then went on to graduate from Concordia University with a Master’s degree in Art in 1973 (Info Please). Starting as a Journalist, her first published work of fiction was â€Å"The Costums Lounge† and she subsequently published stories in Gray’s Sporting Journal in the late 1970s, eventually publishing her first collection in 1988 and her first novel in 1992. Proulx has twice won the O. Henry Prize for the year’s best short story (Info Please). In 1998, she won for â€Å"Brokeback Mountain,† which had appeared in The New Yorker on October 13, 1997. Proulx won again the following year for â€Å"The Mud Below,† which appeared in The New Yorker June 22 and 29, 1999. Both appear in her 1999 collection of short stories, Close Range: Wyoming Stories. Proulx emphasizes a heartbreaking tale of two homosexual individuals who struggle to be together, bound by the norms and rules of society. I found â€Å"Brokeback Mountain† to be a very real and compassionate tale of two cowboys who unexpectedly found love in each other. In a most peaceful setting, away from the world, two cowboys embody one of the most disquieting issues affecting our entire culture. The pain experienced by every character is believable as is the anger. Proulx does a great job of letting Ennis’s confusion and his accompanying anger percolate beneath the cloak of social conformity. It is a garment that doesn’t fit, yet he is terrified to remove it. Proulx helps depict the depth of pain experienced when the object of love is socially unacceptable, and the anger one experiences when forced to live dishonestly. Proulx is the narrator of â€Å"Brokeback Mountain†. She tells the story of Ennis Del Mar and Jack Twist’s summer on Brokeback Mountain, and the many years after that, and the deep love they develop for one another in an intolerant world. The point of view of the story is third person omniscient. The narration is real in tone and employs description and dialogue to examine the actions, emotions and thoughts of the characters. Proulx describes a sequence of events from a beginning point in time, when the characters are introduced in the year 1963 in Wyoming, to the end of the story nearly 20 years later. Throughout the story, Ennis and Jack reunite for brief liaisons on camping trips in remote settings over the course of 20 years. Proulx uses setting details to heighten the thematic significance of the story. The most effective use of setting as symbol occurs when she juxtaposes harsh and beautiful images of the landscape’s cruel beauty to suggest the difficult nature of Ennis’s and Jack’s relationship. The story starts out with Ennis Del Mar getting a job on the mountain as a sheep herder with Jack Twist. Day after day, Ennis tends the camp while Jack herds the sheep and sleeps out on the mountain with them. One day, when Jack complains about his â€Å"commutin four hours a day,† he accepts Ennis’s offer to switch jobs. Every evening, they share supper by the campfire, â€Å"talking horses and rodeo, rough stock events, wrecks and injuries sustained,† (Proulx 75) and other details of their hard lives in the West. Toward the end of the summer when they shift the camp, the distance Ennis has to ride out to the sheep grows longer and he begins to stay later at the camp at night. One evening, after the two sing drunken songs by the campfire, Ennis decides it is too late to go out to the sheep and so beds down at the campsite. After his shivering wakes Jack, he insists that Ennis share his bedroll. Soon after, the two have sex, something Ennis had never done before. Their sexual activity becomes more frequent in the following days while they both insist that neither of them is â€Å"queer.† One day the foreman, Joe Aguirre, watches them together through his binoculars. At the end of the summer, When Jack asks Ennis if he is coming back to the mountain the next summer, Ennis tells him that he will be getting married in December and then will try to find work on a ranch. Jack determines to go back home and then maybe to Texas, and the two say an awkward goodbye. As Ennis drives away, his gut wrenches and he feels â€Å"as bad as he ever had†. Ennis marries Alma  and their first child, Alma Jr., is born a year later and after their second child is born, Alma convinces Ennis to get a place in town, so she doesn’t have to deal with anymore â€Å"lonesome ranches.† Four summers after their first on Brokeback Mountain, Jack visits Ennis. When Jack first arrives, he and Ennis share a passionate embrace, watched by Alma. When Jack meets Alma, he announces that he too is married and has a baby boy. After a few awkward moments, Ennis and Jack leave, pick up a bottle of whiskey and head for a motel where they spend the night together. They talk of how they missed each other and Jack suggests that he married his wife, Lureen, because she came from a wealthy family. Ennis admits that he has been thinking about whether he is gay, but insists that he is not because though he does not enjoy sex with women, he has not been with any other man. Jack declares the same. After the two express their passion for each other, Ennis determines that nothing can be done since they both have families and warns Jack that if they are seen together, they may be killed. The only future Ennis can see for the two of them is to get together once in a while, explaining â€Å"if you can’t fix it you got to stand it.† After a while, Ennis and Alma begin to grow apart and she starts to resent him for not finding a stea dy job, and always going with Jack on fishing trips. Eventually, they divorce and Alma remarries but stays in touch with Ennis and lets him visit their children. During the following years, Ennis and Jack occasionally meet on different ranges throughout the West. One night, they catch each other up on their lives, both admitting affairs with women and problems with their own children. After complaining about the infrequency of their time together, Jack suggests that they move to Mexico, but Ennis declines, insisting that he has to stay and work. Months later, when Ennis receives back a postcard he had sent to Jack marked â€Å"DECEASED,† he calls Lureen, who informs him that Jack was killed when a tire blew up in his face. Ennis suspects, however, that he was murdered after he was caught with another man. He makes a trip to see Jack’s parents and offers to take Jack’s ashes up to Brokeback Mountain, where Jack had told Lureen that he wanted to be buried. During the visit, Ennis goes up to Jack’s room where he finds Jack’s shirt, which is covered in Ennis’s blood. Inside the shirt, he finds one of his own. Ennis then buries his face in Jack’s shirt, hoping to be able to smell his scent, but there is nothing there. Before Ennis leaves, Mr. Twist informs him that  Jack’s ashes will be buried in the family plot. Ennis would have dreams of Jack and visions of their time in Brokeback Mountain, which fills him with both sorrow and joy. The protagonist of the story are Jack Twist and Ennis Del Mar. Proulx gives a good description of both stating â€Å"They were raised on small, poor ranches in opposite corners of the state, Jack Twist in Lightning Flat, up on the Montana border, Ennis del Mar from around Sage, near the Utah line, both high school drop out country boys with no prospects, brought up to hard work and privation, both rough mannered, rough spoken, inured to the stoic life†(Proulx 74.) The antagonist of the story would be the locals and society for killing Jack because they didn’t find it acceptable for a man to be living with another man. I think both Ennis and Jack changed because they were both very masculine, rough, cowboys who had never been with a man before until they had a sexual encounter with each other and realized they were in love. This change is very believable because there are many people in our society today who are homosexual, marry their partners, and even take pride in be ing gay. The story’s use of language is informal. Informal language is characterized by spontaneous speech and situations that describe natural or â€Å"real life†. It’s used by family and friends, which proves the story has informal dialogue with casual conversation. The external conflict of the story is Man versus Society. Jack and Ennis must hide their relationship because of its immoral content. Thus, they live a life hiding from their true feelings. At times they even tried to deny their nature. Because of the threat of being ostracized and possible killed, these men led a life separate from their love for one another. In the end, their prejudice, along with everyone else’s, killed Jack. The internal conflict of the story is Man versus Himself. Proulx sketches a picture of two men who live in a constant struggle with their ideas of morality and presents a devastating study of Jack and Ennis’ subsequent struggle with both their families and their work as they try to come to terms with their sexual relationship. In exploring the intimacies and sexual pleasures emerging from  this masculine world, Proulx captures the destruction and isolation, which comes from both men’s disapproval of their homosexual tendencies. Proulx identifies this conflict when she writes, â€Å"There was some open space between what he knew and what he tried to believe, but nothing could be done about it, and if you can’t fix it you’ve got to stand it† (Proulx 79). Throughout the story the reader sees Jack and Ennis deal with the fact that they do not approve of their own feelings. The moral norm in the American West was that homosexuals are perverts. Ennis lives his adult life plagued by the remembrance of a man who was brutally killed because people thought him to be a homosexual. In essence these two live a life that could have been a lot happier if there weren’t prejudices that prevented them from being together. What I find most interesting is that it wasn’t other people’s prejudices that kept them apart; these men are kept apart by their own morals. They truly believed that their homosexuality was immoral. The climax of the story is when Ennis sends Jack a postcard about getting together in November and it got sent back to him stamped â€Å"DECEASED†. After Ennis visits Jack’s parents and they tell him of Jack trying to fix up a ranch for him and another man, Ennis realizes that it wasn’t the tire that blew out that killed him. The locals murdered him for being homosexual and there was no resolution. As Ennis said, â€Å"If you can’t fix it you’ve got to stand it†. I found that Proulx used the descriptive settings as a symbol. The most effective use of setting as symbol occurs when she describes harsh and beautiful images of the landscape’s cruel beauty to suggest the difficult nature of Ennis’s and Jack’s relationship. For example, she describes the â€Å"sweetened† cold air of the mountain on their first morning with the phallic â€Å"rearing lodge pole pines massed in slabs of somber malachite†(Proulx 74). When Ennis and Jack begin their sexual relationship, Proulx captures its harsh and exhilarating duality when she describes Jack and Ennis as â€Å"flying in the euphoric, bitter air† (Proulx 76) on the mountain. The title of the story is â€Å"Brokeback Mountain†. The title is the name of the mountain where Ennis and Jack worked together when they first met.  Ã¢â‚¬Å"Brokeback Mountain† represents all the memories the two cowboys had together and where their intimacy and love for each other deepened. I believe the story only had one significant meaning which was that although love is prescriptively understood by people as a feeling between a man and a woman, as the evolution of human beings continues, love should be looked in another way. Any two people, no matter what gender or race, can find love. Shame is a major theme in the story. Ennis’s internalization of the belief that homosexuality is indecent and punishable by death, causes him to be ashamed about the intensity of his feelings for Jack. At the beginning of their relationship on the mountain, he insists that he is not â€Å"queer,† that their feelings for each other are not indicative of his sexual orientation. His shame, coupled with his need to maintain his marriage in the face of public scrutiny, causes him to lie continually to Alma about his feelings for Jack, insisting that when she catches the two in a heated embrace, their actions are a result of their not having seen each other for years. His internalized homophobia makes him unable to accept himself or act congruently. Ennis needs to maintain the illusion of a conventional life, even if that life denies him the one person he desires most. The plot of this short story mirrors many experiences that gays have had to deal with in today’s society, such as banding gay marriages or homosexual hate crimes. There have been many incidents where homosexuals have been threatened, abused, and even killed because people don’t agree with their lifestyles. Although I was very skeptical about reading this story at first, I found it to be very eye opening and real. Proulx does a wonderful job of telling a tale of two men who develop a deep love for each other but who are forced to live separate lives in an intolerant world. I think the story will help people empathize diversity in each other and become more tolerant. Works Cited â€Å"Annie Proulx Biography.† Info Please. 2007. Information Please Database. 13 Oct. 2008 . Proulx, Annie. â€Å"Brokeback Mountain.† The New Yorker 13 Oct. 1997: 74-85.