The Impossible Budget Deficit Essay Example for Free

The Impossible Budget Deficit Essay In his article, â€Å"Trouble, Trouble, Debt, and Bubble,† Tabb (2006) writes that the United States is importing far more than it is exporting.   The high consumption of the United States is due mainly to the reason that the rich people of the country must maintain their upper class status and high standards of living.   But the country is not earning enough to support its expenditure.   At one time or another, the United States would also become unable to pay the interest on the foreign debt that it is using today to maintain its high consumption.    The country may become bankrupt at such time, and the rest of the world would suffer because it would not have the United States to buy its goods.   Ã‚  Ã‚  Ã‚   While the author’s analysis makes sense, I would not blame the upper class consumer in particular for maintaining high consumption.   I believe that the capitalist or the industry of the United States is equally responsible.   The author also mentions the relation of the U.S. dollar’s value to the global economy.   A decrease in the demand for U.S. dollars can lead to a depreciation of the value of the currency with respect to another country’s currency.   Indeed, the fall of the U.S. dollar would turn out to be a curse for the global economy, although it may benefit the U.S. economy for some time (Tabb).    By making U.S. exports cheaper to other countries, it would increase the aggregate demand for U.S. goods which would in turn give the United States the income that it needs to fuel high consumption.   The United States can hope to reduce its current account deficit and trade deficit through the decline of the dollar, for it is obvious that making U.S. goods and services cheaper to foreign importers may very well increase the aggregate demand of U.S. goods and services, thereby fueling the growth of the U.S. economy.   Still, the benefits to the U.S. economy may eventually be offset by a fall in the aggregate supply of foreign goods into the U.S. market, seeing as foreign nations would stand to lose by selling to the U.S. consumer market and facing a reduced dollar value in return.   Ã‚  Ã‚  Ã‚   Tabb does not offer real solutions to the problem that the U.S. economy is facing at present.   All the same, it is obvious that the entire global economy is in danger because of the troubles facing the United States economy.   Thus, Tabb’s article offers food for serious thought.   It is mind-boggling, yet essential to reflect on. References Tabb, W. T. (2006). â€Å"Trouble, Trouble, Debt, and Bubble.† Monthly Review, Vol. 58, Number 1. Retrieved Nov 25, 2007 from http://www.monthlyreview.org/0506tabb.htm.

The Client :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  I read the book The Client by John Grisham. This book was about a boy, named Mark Sway, and is younger brother who witnessed a horrible suicide. Before the suicide, he talked to the lawyer who was about to kill himself. This lawyer, Jerome Clifford, had a client in New Orleans who had murdered a United States Senator and hid the body at the lawyer?s house. Right before he shot himself, the lawyer told Mark everything about his Mafia connected client. When the lawyer took his life, the younger brother went into shock, but Mark realized that he had to tell the police something. He didn?t want to tell them that he knew the whereabouts of the body for fear of the Mafia coming after him. He just decided to tell the police that he and his brother were in the woods and they found the car and the lawyer?s body, not knowing anything about it.   Ã‚  Ã‚  Ã‚  Ã‚  Later, the police found Mark?s fingerprints around and inside the car, where he had been talking to the lawyer, and even on the gun. FBI agents and local police all suspected that Mark knew more than he was telling them. Mark hired a lawyer, Reggie Love, to help him get out of the mess he put himself in. A couple newspapers got word of the fingerprints of the boy and they quickly made up stories that Mark was now suspected to be the killer of the lawyer. Mark realized that the best thing to do would be to let the police know where the body was and tell them the truth about everything he knew. The next day, he and Reggie had an appointment with some FBI agents. On the way to his lawyer?s office, Mark ran into a man obviously in the Mafia. He threatened to kill him if he told anyone about what Jerome Clifford had told him. He knew the man wasn?t joking because he was holding a switchblade to his face at the time. By this time, Mark no longer wants to talk to the aut horities. Through all this, Mark?s mother was still living at the hospital, worrying about her youngest son, who was still in shock and comatose.   Ã‚  Ã‚  Ã‚  Ã‚  Eventually, the FBI gets annoyed with waiting for Mark. They decide that he should be put in a juvenile home until he agrees to talk to them. Mark knows that he should not be in the home.

Deception Point Page 91

Rachel stood in silence as the Bathynomous pages rolled out of the printer. She tried to tell herself this was all an honest NASA mistake, but she knew it was not. People who made honest mistakes didn't try to kill people. The nasal voice of Corky echoed suddenly across the lab. â€Å"Impossible!† Both Tolland and Rachel turned. â€Å"Measure the damn ratio again! It makes no sense!† Xavia came hurrying in with a computer printout clutched in her hand. Her face was ashen. â€Å"Mike, I don't know how to say this†¦ † Her voice cracked. â€Å"The titanium/zirconium ratios we're seeing in this sample?† She cleared her throat. â€Å"It's pretty obvious that NASA made a huge mistake. Their meteorite is an ocean rock.† Tolland and Rachel looked at each other but neither spoke a word. They knew. Just like that, all the suspicions and doubts had swelled up like the crest of a wave, reaching the breaking point. Tolland nodded, a sadness in his eyes. â€Å"Yeah. Thanks, Xavia.† â€Å"But I don't understand,† Xavia said. â€Å"The fusion crust†¦ the location in the ice-â€Å" â€Å"We'll explain on the way to shore,† Tolland said. â€Å"We're leaving.† Quickly, Rachel collected all the papers and evidence they now had. The evidence was shockingly conclusive: the GPR printout showing the insertion shaft in the Milne Ice Shelf; photos of a living sea louse resembling NASA's fossil; Dr. Pollock's article on ocean chondrules; and microprobe data showing ultradepleted zirconium in the meteorite. The conclusion was undeniable. Fraud. Tolland looked at the stack of papers in Rachel's hands and heaved a melancholy sigh. â€Å"Well, I'd say William Pickering has his proof.† Rachel nodded, again wondering why Pickering had not answered his phone. Tolland lifted the receiver of a nearby phone, holding it out for her. â€Å"You want to try him again from here?† â€Å"No, let's get moving. I'll try to contact him from the chopper.† Rachel had already decided if she could not make contact with Pickering, she'd have the Coast Guard fly them directly to the NRO, only about 180 miles. Tolland began to hang up the phone, but he paused. Looking confused, he listened to the receiver, frowning. â€Å"Bizarre. No dial tone.† â€Å"What do you mean?† Rachel said, wary now. â€Å"Weird,† Tolland said. â€Å"Direct COMSAT lines never lose carrier-â€Å" â€Å"Mr. Tolland?† The Coast Guard pilot came rushing into the lab, his face white. â€Å"What is it?† Rachel demanded. â€Å"Is someone coming?† â€Å"That's the problem,† the pilot said. â€Å"I don't know. All onboard radar and communications have just gone dead.† Rachel stuffed the papers deep inside her shirt. â€Å"Get in the helicopter. We're leaving. NOW!† 109 Gabrielle's heart was racing as she crossed the darkened office of Senator Sexton. The room was as expansive as it was elegant-ornate wood-paneled walls, oil paintings, Persian carpets, leather rivet chairs, and a gargantuan mahogany desk. The room was lit only by the eerie neon glow of Sexton's computer screen. Gabrielle moved toward his desk. Senator Sexton had embraced the â€Å"digital office† to maniacal proportions, eschewing the overflow of file cabinets for the compact, searchable simplicity of his personal computer, into which he fed enormous amounts of information-digitized meeting notes, scanned articles, speeches, brainstorms. Sexton's computer was his sacred ground, and he kept his office locked at all times to protect it. He even refused to connect to the Internet for fear of hackers infiltrating his sacred digital vault. A year ago Gabrielle would never have believed any politician would be stupid enough to store copies of self-incriminating documents, but Washington had taught her a lot. Information is power. Gabrielle had been amazed to learn that a common practice among politicians who accepted questionable campaign contributions was to keep actual proof of those donations-letters, bank records, receipts, logs-all hidden away in a safe place. This counterblackmail tactic, euphemistically known in Washington as â€Å"Siamese insurance,† protected candidates from donors who felt their generosity somehow authorized them to assert undue political pressure on a candidate. If a contributor got too demanding, the candidate could simply produce evidence of the illegal donation and remind the donor that both parties had broken the law. The evidence ensured that candidates and donors were joined at the hip forever-like Siamese twins. Gabrielle slipped behind the senator's desk and sat down. She took a deep breath, looking at his computer. If the senator is accepting SFF bribes, any evidence would be in here. Sexton's computer screensaver was an ongoing slideshow of the White House and its grounds created for him by one of his gung-ho staffers who was big into visualization and positive thinking. Around the images crawled a ticker-tape banner that read: President of the United States Sedgewick Sexton†¦ President of the United States Sedgewick Sexton†¦ President of the†¦ Gabrielle jostled the mouse, and a security dialogue box came up. Enter Password:_ She expected this. It would not be a problem. Last week, Gabrielle had entered Sexton's office just as the senator was sitting down and logging onto his computer. She saw him type three short keystrokes in rapid succession. â€Å"That's a password?† she challenged from the doorway as she walked in. Sexton glanced up. â€Å"What?† â€Å"And here I thought you were concerned about security,† Gabrielle scolded good-naturedly. â€Å"Your password's only three keys? I thought the tech guys told us all to use at least six.† â€Å"The tech guys are teenagers. They should try remembering six random letters when they're over forty. Besides, the door has an alarm. Nobody can get in.† Gabrielle walked toward him, smiling. â€Å"What if someone slipped in while you're in the loo?† â€Å"And tried every combination of passwords?† He gave a skeptical laugh. â€Å"I'm slow in the bathroom, but not that slow.† â€Å"Dinner at Davide says I can guess your password in ten seconds.† Sexton looked intrigued and amused. â€Å"You can't afford Davide, Gabrielle.† â€Å"So you're saying you're chicken?† Sexton appeared almost sorry for her as he accepted the challenge. â€Å"Ten seconds?† He logged off and motioned for Gabrielle to sit down and give it a try. â€Å"You know I only order the saltimbocca at Davide. And that ain't cheap.† She shrugged as she sat down. â€Å"It's your money.† Enter Password:_ â€Å"Ten seconds,† Sexton reminded. Gabrielle had to laugh. She would need only two. Even from the doorway she could see that Sexton had entered his three-key password in very rapid succession using only his index finger. Obviously all the same key. Not wise. She could also see that his hand had been positioned over the far left side of his keyboard-cutting the possible alphabet down to only about nine letters. Choosing the letter was simple; Sexton had always loved the triple alliteration of his title. Senator Sedgewick Sexton. Never underestimate the ego of a politician. She typed SSS, and the screensaver evaporated. Sexton's jaw hit the floor. That had been last week. Now, as Gabrielle faced his computer again, she was certain Sexton would not have taken time yet to figure out how to set up a different password. Why would he? He trusts me implicitly. She typed in SSS. Invalid Password – Access Denied Gabrielle stared in shock. Apparently she had overestimated her senator's level of trust. 110 The attack came without warning. Low out of the southwest sky above the Goya, the lethal silhouette of a gunship helicopter bore down like a giant wasp. Rachel had no doubt what it was, or why it was here.

Racial Discrimination - 1853 Words

Racial discrimination is the distinction, restriction, preference or exclusion that is based on colour, race, ethnic origin, descent or nationality with a purpose of impairing the recognition, enjoyment of human rights and the fundamental freedoms (Anon., 2012). It is unlawful according to the Australian hotels association (AHA) and the tourism accommodation Australia (TAA) to discriminate against anyone by treating them unfairly compared to others or harassing them because of their sex, race (colour, descent, nationality, ethnicity), marital/domestic status, and transgender. MCD Pty Ltd hotel along the sunshine coast might have both the direct and indirect discrimination where the treatment can be unfair or unequal. For instance, the†¦show more content†¦The laws allows that anyone be served regardless of where he or she comes from. This means that some few groups will be disadvantaged since these requirements can’t be the same for everyone. Hence this is indirect discrimination. The MCD Pty Ltd chain hotels bosses can be termed to be racists also. This is due to the fact that foreigner’s or indigenous sounding names of job seekers have less chances of getting hired in Australia. For instance your name has to sound Italian and be in Melbourne so that you can have an advantage of landing a job in the hotels. According to a research conducted by Australian National University researchers (Andrew Leigh,Alena Vargonova and Alison Booth), indicates the Australian bosses are racists. These researchers sent 4,000 fake job applicants where those who had Chinese names were the worst. They only had one out of five chances of proceeding to interviews compared to their counterparts who had Anglo-Saxon names who had one in every three chances (Martin, June 18,2009). This results varied by cities where those in Sydney were more discriminatory than those in Brisbane or Melbourne except that they were more accepting indigenous names. Melbourne’s had a tendency of accepting Italian decent names since the Italians have a higher share in the city compared to other Australian cities. Therefore discrimination tends to increase when there is a recent influx of arrivals as Sunshine coastShow MoreRelatedOvert Racial Discrimination and Institutional Racial Discrimination635 Words   |  3 PagesPrior to the 1960s, discrimination was viewed as a creature of prejudice (Feagin Feagin, 1988). What this means is that the problem of discrimination was viewed as one motivated primarily by individuals (or groups of individuals) on the basis of prejudice or hatred. Implicit in this prejudice-causes-discrimination-model (Feagin Feagin, p. XX) was the assumption that the solution to discrimination was one of simply eliminating prejudice. 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