E.E. Cummings Essays - Guggenheim Fellows, La, E. E. Cummings

E.E. Cummings Essays - Guggenheim Fellows, La, E. E. Cummings E.E. Cummings The Poetry of E. E. Cummings E. E. Cummings, who was conceived in 1894 and kicked the bucket in 1962, composed numerous sonnets with whimsical accentuation and capitalization, and surprising line, word, and even letter arrangements - to be specific, ideograms. Cummings' most troublesome type of exposition is likely the ideogram; it is incredibly brief and it consolidates both visual and sound-related components. There might be sounds or characters on the page that can't be verbalized or can't pass on a similar message whenever articulated and not read. Four of Cummings' sonnets - l(a, humans), !blac, and swi( - outline the ideogram structure very well. Cummings uses one of a kind linguistic structure in these sonnets so as to pass on messages outwardly just as verbally. Albeit one may consider l(a a sonnet of misery and forlornness, Cummings likely didn't expect that. This sonnet is about distinction - unity (Kid 200-1). The subject of unity can be gotten from the various occurrences and types of the number '1' all through the sonnet. In the first place, 'l(a' contains both the number 1 and the solitary inconclusive article, 'a'; the subsequent line contains the French solitary clear article, 'le'; 'll' on the fifth line speaks to two ones; 'one' on the seventh line illuminates the number; the eighth line, 'l', separates the number; and 'iness', the last line, can mean the state of being I - that is, uniqueness - or unity, determining the one from the lowercase roman numeral 'I' (200). Cummings could have streamlined this sonnet definitely (a leaf falls:/dejection), and still passed on the equivalent verbal message, however he has adjusted the ordinary language structure all together that each line should show a 'one' and feature the subject of unity. Truth be told, the entire sonnet is molded like a '1' (200). The state of the sonnet can likewise be viewed as the way of a falling leaf; the sonnet floats down, flipping and changing sets of letters like a falling leaf coasting, to and fro, to the cold earth. The starting 'l(a' changes to 'le', and 'af' flips to 'fa'. 'll' shows a speedy drop of the leaf, which has eased back by a more drawn out line, 'one'. At long last, the leaf falls into the heap of fallen leaves on the ground, spoke to by 'iness'. Cummings has composed this sonnet so impeccably that all aspects of it passes on the message of unity and uniqueness (200). In humans), Cummings vitalizes a trapeze follow up on paper. Strangely enough, this sonnet, as well, focuses on the possibility of independence, or 'eachness', as it is expressed on line four. Lines 2 and 4, 'climbi' and 'begi', both end leaving the letter 'I' uncovered. This is an indication that Cummings is attempting to accentuate the idea of pomposity (Tri 36). This sonnet is an entertaining one, as it shows the impacts of a trapeze act inside the course of action of the words. On line 10, the space in the word 'open ing' demonstrates the demonstration starting, and the unfilled, static second before it has completely started. 'of rates of' and '&meet&', lines 8 what's more, 12 separately, show a kind of to and fro movement, much like that of the movement of a trapeze swinging. Lines 12 through 15 show the last bounce off the trapeze, and 'a/n/d' on lines 17 through 19, speak to the abandoned trapeze, after the tumblers have gotten off. At last, '(im' on the last line ought to take the peruser's eyes back to the highest point of the sonnet, where he discovers 'humans)'. Putting '(im' at the end of the sonnet shows that the entertainers achieve an exceptional kind of interminability for taking a chance with their lives to make a demonstration of excellence, they accomplish a unique kind of eternality (36-7). The circularity of the sonnet causes a sentiment of completeness or fulfillment, and may speak to the Circle of Life, unceasing movement (Fri 26). Cummings first firmly composed ideogram was !blac, a very fascinating sonnet. It begins with '!', which is by all accounts saying that something meriting that outcry guide happened front toward the sonnet, and the sonnet is attempting impartially to depict certain sentiments coming about because of '!'. dark against white is a case of such a portrayal in the sonnet; the conflicting hues make an inclination in a state of harmony with '!'. Additionally, why (whi) proposes beguilement and miracle, another feeling coming about because of '!'

Management accounting Essay Example | Topics and Well Written Essays - 1500 words - 1

The executives bookkeeping - Essay Example Techniques, for example, standard costing and budgetary control are related with advancements in the board bookkeeping - this is thought to have been because of the customary ascent of enormous and multi-divisional business exercises. This perception is in accordance with what Chandler (1977) set out, when he kept up that cutting edge the executives began from the financial history. The monetary history took the position that was recently taken by showcase components by presenting an establishment with new highlights, a cutting edge business venture or the oversaw animal. Basically, by arranging and planning of the exercises in an association across reality, just as inside catching proficiency advantages and cost, the oversaw element dislodged, thwarted, and basically updated showcase connections (Coase, 1937). Thus, the board realized oligopoly since it was conceivable to make huge scope elements whereby directors oversee different administrators through the procedure of managerial coordination. The associations that followed these structures were fit for running financially to the degree of updating and overwhelming their areas, just as their staff. Basically, the managerial coordination realized another wellspring of intensity, which has in the long run overhauled the constraints of the authoritative and monetary scenes. Considering this, it is obvious that Chandler contributed towards a clarification of the birthplace of the cutting edge the board by revealing insight into how various types of authoritative coordination were, at the beginning, created (Hoskin and Macve, 1990). Chandler indicated the Springfield Armory as the starting point of the advancement of single-unit the board, which was supposedly done in the viewpoint of presenting a compatible part producer. Fundamentally, this area could have been an unsatisfactory wellspring of the administration; be that as it may, the regulatory coordination couldn't have begun from the response from specialize d developments, however it more likely than not began from an unmistakable and disciplinary intercession. In a perfect world, for this situation, the regulatory coordination was tried through coordination, issue arranging just as control of staff and plant all through the all-inclusive second and space. Furthermore, another significant supporter of the advanced administration, similarly as Chandler kept up, is George Whistler who was related with the Western Railroad. Chandler (1977, p. 97-98) found out that Whistler was the first to grasp circumspectly characterized, present day, and an interior hierarchical structure, in 1841. This improvement was the principal American business venture to work under an officially planned regulatory structure, supervised by full-time and paid staff. After Whistler, the Pennsylvania (PRR) was the resulting key railroad where severance of working and money related capacities was an amazing advancement that prompted the foundation of a type of associ ation portrayed by Chandler (1977) as â€Å"decentralized line-and-staff division.† (p. 105). Moreover, the tenacious assessment and creation of far reaching streams of data in both human and physical resources decreased working expense and improved effectiveness. As per Chandler (1977) the most earth shattering commitments to bookkeeping was made by Pennsylvania

The Benefits (and Drawbacks) to No Credit Check Installment Loans

The Benefits (and Drawbacks) to No Credit Check Installment Loans The Benefits (and Drawbacks) to No Credit Check Installment Loans The Benefits (and Drawbacks) to No Credit Check Installment LoansNo credit check installment loans are far from perfect, but they have a leg up on short-term payday loans. Heres everything you need to know.When you have bad credit and you need to borrow money, your options don’t usually inspire a lot of confidence. What else can you do but settle for a short-term, high-interest payday loan or title loan?Well, that’s where no credit check installment loans come in. Like short-term cash advance loans, applying for one won’t hurt your credit, but they also come with longer terms and more manageable payments.Then again, it’s not like these installment loans are absolutely perfect. They’re not. They come with a long list of pros and cons, just like any other financial product.With that in mind, here’s an overview of the benefits and drawbacks to borrowing a no credit check installment loanâ€"with a special emphasis on how they stack up compared to payday loans.Benefit: You can borrow more.Many states have fairly strict limits as to how much a person can borrow with a short-term payday loan. Usually, the maximum loan amount won’t be more than several hundred dollars.This means that payday loans won’t be helpful for larger financial needs. Sure, you could use one to stretch your budget over the last few days before a paycheck, but something like a car repair bill or surprise medical expense will probably require more money than a payday loan can provide.This is where no credit check installment loans can come in handy, as they usually come with much larger average loan amounts. If the bill you need to cover is over $1,000, an installment loan is likely going to be a much better form of bridge financing than a two-week payday loan.Of course, these loan amounts will vary from state to state, from lender to lender, and from customer to customer. The good thing about no credit check installment loans and payday loans  is that you can apply for one and lear n how much you’ll be approved for without having an inquiry show up on your credit report!Benefit: Lower interest rates.This is another benefit that will vary depending on your specific financial situation, your state of residence, and the particular lender that you’re working with. All that having been said, a bad credit installment loan is very likely to come with a lower annual percentage rate (APR) than your standard payday loan.You’ll always want to check out the APR for any personal loan that you borrow, but you want to pay special attention to it when borrowing a payday loan. Due to their short repayment terms, the stated interest rates for these loans can vary wildly from their actual APRs.For instance, a two-week payday loan with an interest rate of fifteen percent has an APR of 391 percent! What?! That’s because APR measures the cost of a loan over one full year. It’s a standardized metric that lets you make apples-to-apples comparisons between different types of loans.Granted, no credit check installment loans are still going to have a much higher interest rate than regular personal loans. But even an installment loan with a 130 percent APR still comes at less than one-third the cost of a payday loan with an APR of 400 percent.Drawback: More interest paid overall.This is one area where comparing bad credit installment loans and payday loans can get a little tricky, so please bear with us. This seems like a truly major drawback on paper, but in reality, it’s a little more minor.Because payday loans have such short repayment terms, paying one off on time means paying far less in actual interest than you would on an installment loanâ€"even one with a much lower APR.This is why payday loans seem so appealing. Sure, their APRs are high, but why would you worry about the cost of the loan over a full year? You’re going to pay it back in two weeks! $15 per $100 borrowed is a lot less than $120 per $100, right?! It’s so obvious!Heres where th ings go sideways. Because, yes, on paper, payday loans cost much less than installment loans. But in reality, many payday loan customers struggle to pay their loans back on time. And the longer they are in debt, the more relevant those high APRs become.Here are some numbers that should give you pause: According to a study from the Consumer Financial Protection Bureau (CFPB), the average payday loan customer takes out 10 loans annually and spends almost 200 days every year in debt. That means paying an effective interest rate between 150 and 219 percent on a payday loan with a 391 percent APR.So, yes, you’ll end up paying more with an installment loan than you will with a payday loan, even if the former has a much lower APR than the latter. But that’s not the whole story.Benefit: More manageable payments.Why do so many payday loan borrowers end up taking out so many loans? Well, the reasons go beyond the interest rate. They also have to do with the size of their payments.Simply p ut, many people struggle to pay back several hundred dollars within two weeks. And even if they do make the payment, it oftentimes creates another budget shortfall, which then leads to them taking out another payday loan.According to a study from The Pew Charitable Trusts, only 14 percent of payday loan borrowers have enough money in their monthly budgets to pay back their loans on time. That’s not a lot!Borrowers who find themselves in situations like this are often faced with two options. They can roll over their loan, which means that they pay only the interest owed and then get a new repayment term, complete with more interest, or they can take out a new loan immediately after paying off their old one.This is an area where installment loans have an advantage. Despite their larger loan amounts, their longer payment terms and lower APRs mean that the individual payment amounts are smaller and more manageable.APRs and interest rates are always important factors when you’re cons idering a bad credit loan. But don’t forget to check the size of your payments as well. Even a great interest rate isn’t worth it if the individual payments are going to be more than you can afford.Benefit: Amortizing interest.While we’re on the subject of interest, let’s talk about amortization. You might not be familiar with that term, but it’s an area where installment loans have a big leg up on their short-term competition.With an amortizing loan, your interest accrues over time, and every payment you make goes towards both the principal loan amount and the interest owed. Loans that aren’t amortizing, on the other hand, charge interest as a flat fee.Most installment loans are amortizing, but you should always check to make sureâ€"especially when borrowing from bad credit lenders. With an amortizing loan, paying the loan off early saves you money because less interest accruesâ€"though you should also check to make sure your installment loan doesn’t come with any pre payment penalties.Payday loans aren’t amortizing, which means that interest is charged as a flat rate right when the loan is issued. Paying back a two-week payday loan in only  one week won’t save you anything.But one of the primary ways that amortizing loans benefit borrowers is by ensuring that every payment gets the borrower closer towards paying the loan off altogether. It’s the opposite of loan rollover, where every payment only goes towards interest, never the principal.If you’re borrowing a loan, make sure it’s amortizing. And in order to find an amortizing no credit check loan, an installment loan is by far your best best.Drawback: No credit checks vs. soft credit checksThis is an issue with all no credit check loans, not just no credit check installment loans.Lenders that don’t do any sort of check on your credit history or your ability to repay are probably not lenders you should be dealing with. No due diligence of any sort is a sign that they might be banking on their customers falling into a predatory debt cycle.But not all bad credit lenders are like that. Some lenders, including OppLoans, care deeply about their customers’ ability to repay the loans they borrow. (Shocking, right?)These lenders will not only check your ability to repay your loan, but they’ll also run what’s called a soft check on your credit. This is a check that returns less information than a full (or hard) credit check, but that doesn’t get recorded on your credit report or affect your score in any way.The reason that people turn to no credit check loans is that they have no other optionsâ€"and because there’s no use in having a credit check ding your score when you know that you’re going to get denied anyway.But that doesn’t mean that you should stick with any old lender, no matter what kind of loan you’re taking out. Find a lender that offers amortizing interest and checks your ability to repayâ€"especially if they perform a soft credit check. You won’t regret it.To learn more about borrowing money when you have bad credit, check out these related posts from OppLoans:5 Personal Loans With Easy Approval (And Why That Can Be a Bad Thing)“Uh-Oh, I Need Money Now!” 4 Fast Cash Options for People With Bad CreditNo Credit Card? Here Are 6 Ways You Can Still Fix Your Credit ScoreHere’s Why College Students Should Avoid Payday LoansWhat other questions do you have about bad credit borrowing? We want to hear from you! You can find us  on  Facebook  and  Twitter.

Notes of Biology - 1706 Words

Q1:Why is reproduction essential for organisms? Reproduction is a fundamental feature of all living organisms. It is a biological process through which living organisms produce offspring’s similar to them. Reproduction ensures the continuance of various species on the Earth. In the absence of reproduction, the species will not be able to exist for a long time and may soon get extinct. Q2:Which is a better mode of reproduction sexual or asexual? Why? Sexual reproduction is a better mode of reproduction. It allows the formation of new variants by the combination of the DNA from two different individuals, typically one of each sex. It involves the fusion of the male and the female gamete to produce variants, which are not identical to their†¦show more content†¦|It requires only one individual. | |3. |The individuals produced are not identical to their parents and|The individuals produced are identical to the parent and are| | |show variations from each other and also, from their parents. |hence, called clones. | |4. |Most animals reproduce sexually. Both sexual and asexual modes |Asexual modes of reproduction are common in organisms having| | |of reproduction are found in plants. |simple organizations such as algae and fungi. | |5. |It is a slow process. |It is a fast process. | Vegetative propagation is a process in which new plants are obtained without the production of seeds or spores. It involves the propagation of plants through certain vegetative parts such as the rhizome, sucker, tuber, bulb, etc. It does not involve the fusion of the male and the female gamete and requires only one parent. Hence, vegetative reproduction is considered as a type of asexual reproduction. [pic] Q7:What is vegetative propagation? Give two suitable examples. Vegetative propagation is a mode of asexual reproduction in which new plants are obtained from the vegetative parts of plants. It does not involve the production of seeds or spores for the propagation of new plants. Vegetative parts ofShow MoreRelatedBiology Notes749 Words   |  3 Pages4-1 The high concentration of urea might unfold proteins because urea is a very good hydrogen donor and hydrogen acceptor. Urea molecules are basically able to fit in between hydrogen bonds and eventually destabilize the structures of the proteins. 4-6 A. If you were to have a feedback inhibition from Z that affects BïÆ'  C it would mean that there would be an increased pathway form BïÆ'  XïÆ'  YïÆ'  Z. B. If you had a feedback inhibition from Z that affects YïÆ'  Z would keep the amounts of X and Y the same butRead MoreA Short Note On The Biology Of Retinoblastoma1454 Words   |  6 PagesThe Biology of Retinoblastoma Abstract Retinoblastoma is a cancer that develops in the retina of the eye, predominantly in young children. It occurs due to the mutation in the Rb gene, leading to the production of a dysfunctional Rb protein that cannot bind to a transcriptional factor in order to prevent further progression in the cell cycle. Consequently, uncontrolled proliferation takes place which results in a cancer developing. Two forms of the disease exist; familial and sporadic. In the familialRead MorePreliminary Biology Yearly Notes6280 Words   |  26 PagesBiology Year 11 Yearly Notes Chapter One – A local ecosystem 1.1 Terrestrial and Aquatic Environments -Ecosystem: any environment containing living organisms interacting with each other and with the non-living parts of that environment. -Environment: the environment of an organism is its surroundings, both living and non-living -Habitat: the habitat of an organism is the place where it lives. Australian Environments * Terrestrial environments are environments on land. Land covers aboutRead MoreAp Biology Chapter 20 Notes756 Words   |  4 PagesChapter 20: DNA Technology Biotechnology: Use of living organisms to perform tasks. * Wine cheese * Selective breeding * Antibiotic production * Recombinant DNA Restriction Enzymes * Bacterial enzymes: cut up foreign DNA * Specific: only but at recognition sequences * Palindromic: cut at the same base sequence on each strand, but in the opposite direction * The exposed bases provide â€Å"sticky ends† * H-bond to compliment bases of segments cut with same restrictionRead MoreAlexMccourt The Student Room Biology Notes1884 Words   |  8 Pagesï » ¿F214 Communication, Homeostasis and Energy Module 2 Excretion 4.2.1 Excretion a. Define the term excretion Excretion-The removal of metabolic waste from the body which are by products or unwanted substances from cell processes. b. Explain the importance of removing metabolic wastes, including carbon dioxide and nitrogenous waste from the body Carbon dioxide Excess carbon dioxide is toxic and has three main effects: The majority of carbon dioxide is carried in the blood as hydrogencarbonateRead MoreBiology Chapter 35 and 39 Notes2121 Words   |  9 PagesChapter 39 Plant Responses to Internal and External Signals No groups of plants is more important to human survival than seed plants plants are key sources of food fuel wood products and medicine our reliance of plants Products from Seed Plants Most of our food comes from angiosperms Six crops yield 80% of the calories consumed by humans Wheat Rice Maize Potatoes Cassava sweet potatoes Other Products from Seed Plants Secondary compounds of seed plants are used in medicines Read MoreA Short Note On Beta Catenin And Molecular Biology1452 Words   |  6 Pagesof target and key citation 0% Beta Catenin (ÃŽ ²-catenin) or Catenin Beta-1 (CTNNB1) protein. Key citation: Ma, X.Y., Ma, C.X. and Wang, J.H. (2014) Endometrial Carcinogenesis and Molecular Signaling Pathways. American Journal of Molecular Biology, 4, 134-149. 1.2. What is the normal function of the target? 10% ÃŽ ²-catenin is a proto-oncogene and it is encoded by CTNNB1 gene. It forms a component of the E-cadherin – catenin unit which plays essential roles in the cell differentiation andRead MoreBIOLOGY GRADE 11 NOTES Essay examples6702 Words   |  27 Pagesï » ¿Biology Grade 11 Exam Study Guide Diversity Taxonomic Categories Domain Kingdom Phylum Class Order Family Genus Species Hierarchy From most general to most specific Binomial Nomenclature System used to identify all organisms on Earth Identifies an organism by its genus and species (ex. Humans-homo sapiens) Developed by Linnaeus in the 18th century Identifying Species 3 methods: Morphology ïÆ'   Form and shape ïÆ'   It is simple but there are natural variations in population Read MoreChapters 1-5 Notes Ap Biology3353 Words   |  14 PagesChapter 1: Biology- The study of life A Hierarchy of Organization 1. Molecules 2. Organelle 3. Cell 4. Tissue 5. Organ 6. Organism Emergent Properties- Novel properties that emerge as each step up the hierarchy of biological order is taken. Reductionism- Reducing complex systems to simpler components that are more manageable to study. Cells- The lowest level of structure capable of performing all the activities of life, all organisms are composed of cells which are the basic units of structureRead MoreCCEA GCSE BIOLOGY unit 1 notes Essay4997 Words   |  20 Pagesï » ¿BIOLOGY NOTES. UNIT 1: Photosynthesis Photosynthesis Word Equation: Light Carbon Dioxide + Water Oxygen + Glucose Chlorophyll How to test a leaf for starch: 1. Dip leaf boiling water for about 1 minute to soften it, stop further chemical changes and make the cell more permeable. 2. Turn off Bunsen burner. Put the leaf into the

Using A Numerical Example Of The Income Multiplier Process

Using a numerical example explain the income multiplier process. When extra spending is injected into the economy, it will create further spending which will also create further spending and so on. If firms decide to hire more people, then there is more income being paid to households. Households will then spend this money on domestic goods. This further increase in consumption will act as an incentive to firms to supply more to meet the growing demand, and henceforth further employ more people leading to another increase in household income. Thus consumption increases and the process continues. For example, if  £10million is injected into the economy, if the multiplier was 3, it would cause a  £30million rise in national income. What is meant by automatic stabilizers and show how they work? Automatic stabilizers are components of the government spending which are not at the discretion of the government. For example, In an economic downturn with lower household income due to rising unemployment, tax receipts automatically fall, and government expenditures automatically rise via expenditure on benefits. The increase in government spending offsets the lower consumption spending of the households and lower investments of companies in the economic downturn. By offsetting the decrease of consumption and investments, the automatic increase in government expenditures lessens the impact of a recession on the total GDP. 3. Given: C = 400 + 0.5Y I = 500Show MoreRelatedUnit 38 Business and Economic Environment4792 Words   |  20 Pagesa significant impact on business as it is such a high proportion of the gross domestic product. Spending on infrastructure projects such as upgrading the west coast main railway line or building new sports facilities for the Olympic Games have a multiplier effect at both the national and local level. Suppliers of related goods and services prosper. In recession, the government uses spending as a means of stimulating economic activity. Fiscal and monetary policies are two of the main tools availableRead MoreSample of Business Valuation Report7676 Words   |  31 PagesReconstruction and Forecasts .......... 10   Business Valuation Approaches and Methods .................. 16   Asset-Based Business Valuation Results .......................... 18   Market-Based Business Valuation Results........................ 20   Income-Based Business Valuation Results........ ............... 24   Conclusion of Business Value ........................................... 27   Business Value and Selling Price Considerations ............. 28   Business Price Justification ..............Read MoreReal Estate Appraisal: a Review of Valuation Methods8210 Words   |  33 Pagesinvestment and financing. The objective of the paper is to provide a brief overview of the methods used in real estate valuation. Valuation methods can be grouped as traditional and advanced. The traditional methods are regression models, comparable, cost, income, profit and contractor s method. The advanced methods are ANNs, hedonic pricing method, spatial analysis methods, fuzzy logic and ARIMA models. Practice briefing: Real estate appraisal 383 Elli Pagourtzi and Vassilis Assimakopoulos Thomas Hatzichristos Read MoreTN25 Gainesboro Machine Tools Corporati5551 Words   |  23 PagesShe must also decide whether to embark on a stock repurchase program given a recent drop in share prices. The problems entail setting dividend policy, deciding on a stock buyback, and resolving the corporate-image advertising campaign issue. But numerical analysis of the case shows that the problem includes other factors: setting policy within a financing constraint, signaling the directors’ outlook, and generally, positioning the firm’s shares in the equity market. 2. What are the implications ofRead MoreBanking, Liquidity and Bank Runs9201 Words   |  37 Pagesphenomena were clearly at work. Depletion of capital from losses on sub-prime loans and related assets forced many †¦nancial institutions to contract lending and raised the cost of credit they did o ¤er. (See, e.g. Adrian, Colla and Shin, 2012, for example.) Eventually, however, weakening †¦nancial positions led to classic runs on a number of the investment banks and money market funds, as emphasized by Gorton (2010) and Bernanke (2010). The asset †¦resale induced by the runs ampli†¦ed the overall †¦nancialRead MoreUsing Stata for Principles of Econometrics73612 Words   |  295 PagesUsing Stata For Principles of Econometrics . Third Edition I  ·1 · I ! t . i: f, I Lee Adkins dedicates this work to his lovely and loving wife, Kathy , Carter Hill dedicates this work to Stan Johnson and George Judge - , . Bicentennial Logo Design: Richard 1. Pacifico Copyright @ 2008 John Wiley Sons, Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanicalRead MoreMonte Carlo Simulation218872 Words   |  876 Pagesour topic, its technical subtleties are less so for purposes of computational work. My use of mathematical tools is often informal: I may assume that a local martingale is a martingale or that a stochastic diï ¬â‚¬erential equation has a solution, for example, without calling attention to these assumptions. Where convenient, I take derivatives without ï ¬ rst assuming diï ¬â‚¬erentiability and I take expectations without verifying integrability. My intent is to focus on the issues most important to Monte CarloRead MoreCase Solutions for Corporate Finance Ross, Westerfield, and Jaffe 9th Edition25033 Words   |  101 Pagesstatement of cash flows for the year was: |   |Statement of Cash Flows | |   |Operations | | |   |Net income |$742 | |   |Depreciation |159 | |   |Deferred taxes Read MoreBodie, Kane, Marcus Study Guide Essay40928 Words   |  164 Pagesbankers is discussed, including some of the recent changes due to the financial crisis of 2007-2008. LEARNING OBJECTIVES After studying this chapter, students should have an understanding of the overall investment process and the key elements involved in the investment process such as asset allocation and security selection. They should have a basic understanding of debt, equity and derivatives securities. Students should understand differences in the nature of financial and real assets, be ableRead Morerelation export and economic growth5599 Words   |  23 PagesEMPIRICAL EXAMINATION OF THE EXPORT-LED GROWTH HYPOTHESIS IN TURKEY1 Sami TABAN*, Ä °smail AKTAR** ABSTRACT The export-led growth [ELG] hypothesis postulates a causal connection between export and growth. This study investigates ELG hypothesis using quarterly time series data for the period 1980:1-2007:2 in Turkey. The hypothesis is tested by applying the cointegration and error correction procedures. We find an evidence to support the hypothesis that there is a long-run and short-run bidirectional

The Stupidest Angel Chapter 1 Free Essays

string(110) " to shock as the evil developer thwacked the Latin Santa-ette in the breadbasket with a satchel of minicubes\." This book is dedicated to MIKE SPRADLIN who said: â€Å"You know, you oughtta write a Christmas book.† To which I replied: â€Å"What kind of Christmas book?† To which he replied: â€Å"I don’t know. Maybe Christmas in Pine Cove or something. We will write a custom essay sample on The Stupidest Angel Chapter 1 or any similar topic only for you Order Now † To which I replied: † ‘Kay.† Acknowledgments The author wishes to acknowledge those who helped: as always, Nicholas Ellison, my intrepid agent; Jennifer Brehl, my brilliant editor; Lisa Gallagher and Michael Morrison for continued confidence in my ability to tell stories; Jack Womack and Leslie Cohen for getting me in front of my readers and the press; the Huffmans, for preparing a landing pad and a warm welcome; Charlee Rodgers, for the careful reads, thoughtful comments, and just putting up with the process; and finally, Taco Bob, from whom I joyfully (and with permission, which almost ruins it) swiped the idea for chapter 16. Author’s Warning If you’re buying this book as a gift for your grandma or a kid, you should be aware that it contains cusswords as well as tasteful depictions of cannibalism and people in their forties having sex. Don’t blame me. I told you. Chapter 1 CHRISTMAS CREEPS Christmas crept into Pine Cove like a creeping Christmas thing: dragging garland, ribbon, and sleigh bells, oozing eggnog, reeking of pine, and threatening festive doom like a cold sore under the mistletoe. Pine Cove, her pseudo-Tudor architecture all tarted up in holiday quaintage – twinkle lights in all the trees along Cypress Street, fake snow blown into the corner of every shop’s windows, miniature Santas and giant candles hovering illuminated beneath every streetlight – opened to the droves of tourists from Los Angeles, San Francisco, and the Central Valley searching for a truly meaningful moment of Christmas commerce. Pine Cove, sleepy California coastal village – a toy town, really, with more art galleries than gas stations, more wine-tasting rooms than hardware stores – lay there, as inviting as a drunken prom queen, as Christmas loomed, only five days away. Christmas was coming, and with Christmas this year, would come the Child. Both were vast and irresistible, and miraculous. Pine Cove was expecting only one of the two. Which is not to say that the locals didn’t get into the Christmas spirit. The two weeks before and after Christmas provided a welcome wave of cash into the town’s coffers, tourist-starved since summer. Every waitress dusted off her Santa hat and clip-on reindeer antlers and checked to make sure that there were four good pens in her apron. Hotel clerks steeled themselves for the rage of last-minute overbookings, while housekeepers switched from their normal putrid baby-powder air fresheners to a more festive putrid pine and cinnamon. Down at the Pine Cove Boutique they put a â€Å"Holiday Special† sign on the hideous reindeer sweater and marked it up for the tenth consecutive year. The Elks, Moose, Masons, and VFWs, who were basically the same bunch of drunk old guys, planned furiously for their annual Christmas parade down Cypress Street, the theme of which this year would be Patriotism in the Bed of a Pickup (mainly because that had been the theme of their Fourt h of July parade and everyone still had the decorations). Many Pine Covers even volunteered to man the Salvation Army kettles down in front of the post office and the Thrifty-Mart in two-hour shifts, sixteen hours a day. Dressed in their red suits and fake beards, they rang their bells like they were going for dog-spit gold at the Pavlov Olympics. â€Å"Give up the cash, you cheap son of a bitch,† said Lena Marquez, who was working the kettle that Monday, five days before Christmas. Lena was following Dale Pearson, Pine Cove’s evil developer, through the parking lot, ringing the bejeezus out of him as he headed for his truck. On his way into the Thrifty-Mart, he’d nodded to her and said, â€Å"Catch you on the way out,† but when he emerged eight minutes later, carrying a sack of groceries and a bag of ice, he blew by her kettle like she was using it to render tallow from building inspectors’ butts and he needed to escape the stench. â€Å"It’s not like you can’t afford a couple of bucks for the less fortunate.† She rang her bell especially hard right by his ear and he spun around, swinging the bag of ice at her about hip level. Lena jumped back. She was thirty-eight, lean, dark-skinned, with the delicate neck and finely set jawline of a flamenco dancer; her long black hair was coiled into two Princess Leia cinnabuns on either side of her Santa hat. â€Å"You can’t take a swing at Santa! That’s wrong in so many ways that I don’t have time to enumerate them.† â€Å"You mean to count them,† Dale said, the soft winter sunlight glinting off a new set of veneers he’d just had installed on his front teeth. He was fifty-two, almost completely bald, and had strong carpenter’s shoulders that were still wide and square, despite the beer gut hanging below. â€Å"I mean it’s wrong – you’re wrong – and you’re cheap,† and with that Lena put the bell next to his ear again and shook it like a red-suited terrier shaking the life out of a screaming brass rat. Dale cringed at the sound and swung the ten-pound bag of ice in a great underhanded arc that caught Lena in the solar plexus and sent her backpedaling across the parking lot, gasping for breath. That’s when the ladies at BULGES called the cops – well, cop. BULGES was a women’s fitness center located just above the parking lot of the Thrifty-Mart, and from their treadmills and stair-climbing machines, the BULGES members could watch the ins and outs of the local market without feeling as if they were actively spying. So what had started as a moment of sheer glee and a mild adrenaline surge for the six of them who were watching as Lena chased Dale through the parking lot, turned quickly to shock as the evil developer thwacked the Latin Santa-ette in the breadbasket with a satchel of minicubes. You read "The Stupidest Angel Chapter 1" in category "Essay examples" Five of the six merely missed a step or gasped, but Georgia Bauman – who had her treadmill cranked up to eight miles per hour at that very moment, because she was trying to lose fifteen pounds by Christmas and fit into a red-sequined sheath cocktail dress her husband had bought for her in a fit of sexual idealism – bowled backward off her treadmill and lan ded in a colorful spandex tangle of yoga students who had been practicing on the mats behind her. â€Å"Ow, my ass chakra!† â€Å"That’s you’re root chakra.† â€Å"Feels like my ass.† â€Å"Did you see that? He nearly knocked her off her feet. Poor thing.† â€Å"Should we see if she’s all right?† â€Å"Someone should call Theo.† The exercisers opened their cell phones in unison, like the Jets flicking switchblades as they gaily danced into a West Side Story gang-fight to the death. â€Å"Why did she ever marry that guy, anyway?† â€Å"He’s such an asshole.† â€Å"She used to drink.† â€Å"Georgia, are you all right, honey?† â€Å"Can you get Theo by calling 911?† â€Å"That bastard is just going to drive off and leave her there » â€Å"We should go help.† â€Å"I’ve got twelve more minutes on this thing.† â€Å"The cell reception in this town is horrible.† â€Å"I have Theo’s number on speed dial, for the kids. Let me call.† â€Å"Look at Georgia and the girls. It looks like they were playing Twister and fell.† â€Å"Hello, Theo. This is Jane down at BULGES. Yes, well, I just glanced out the window here and I noticed that there might be a problem over at the Thrifty-Mart. Well, I don’t want to meddle, but let’s just say that a certain contractor just hit one of the Salvation Army Santas with a bag of ice. Well, I’ll look for your car, then.† She flipped the phone shut. â€Å"He’s on his way.† Theophilus Crowe’s mobile phone played eight bars of â€Å"Tangled Up in Blue† in an irritating electronic voice that sounded like a choir of suffering houseflies, or Jiminy Cricket huffing helium, or, well, you know, Bob Dylan – anyway, by the time he got the device open, five people in the produce section of the Thrifty-Mart were giving him the hairy eyeball hard enough to wilt the arugula right there in his cart. He grinned as if to say, Sorry, I hate these things, too, but what aw you gonna do? then he answered, â€Å"Constable Crowe,† just to remind everyone that he wasn’t dickmg around here, he was THE LAW. â€Å"In the parking lot of the Thrifty-Mart? Okay, I’ll be right there » Wow, this was convenient. One thing about being the resident lawman in a town of only five thousand people – you were never far from the trouble. Theo parked his cart on the end of the aisle and loped by the registers and out the automatic doors to the parking lot (He was a denim- and flannel-clad praying mantis of a man, six-six, one-eighty, and he only had three speeds, amble, lope, and still). Outside he found Lena Marquez doubled over and gasping for breath. Her ex-husband, Dale Pearson, was stepping into his four-wheel-drive pickup. â€Å"Right there, Dale. Wait,† Theo said Theo ascertained that Lena had only had the wind knocked out of her and was going to be okay, then addressed the stocky contractor, who had paused with one boot on the running board, as if he’d be on his way as soon as the hot air cleared out of the truck. â€Å"What happened here?† â€Å"The crazy bitch hit me with that bell of hers.† â€Å"Did not,† gasped Lena â€Å"I got a report you hit her with a bag of ice, Dale. That’s assault.† Dale Pearson looked around quickly and spotted the crowd of women gathered by the window over at the gym. They all looked away, heading for the various machines they had been on when the debacle unfolded. â€Å"Ask them. They’ll tell you she had that bell right upside my head. I just reacted out of self-defense.† â€Å"He said he’d donate when he came out of the store, then he didn’t,† Lena said, her breath coming back. â€Å"There’s an implied contract there. He violated it. And I didn’t hit him.† â€Å"She’s a fucking nutcase.† Dale said it like he was declaring water wet – like it was just understood. Theo looked from one of them to the other. He’d dealt with these two before, but thought it had all come to rest when they’d divorced five years ago. (He’d been constable of Pine Cove for fourteen years – he’d seen the wrong side of a lot of couples.) First rule in a domestic situation was separate the parties, but that appeared to have already been accomplished. You weren’t supposed to take sides, but since Theo had a soft spot for nutcases – he’d married one himself – he decided to make a judgment call and focus his attention on Dale. Besides, the guy was an asshole. Theo patted Lena’s back and loped over to Dale’s truck. â€Å"Don’t waste your time, hippie,† Dale said. â€Å"I’m done.† He climbed into his truck and closed the door. Hippie? Theo thought. Hippie? He’d cut his ponytail years ago. He’d stopped wearing Birkenstocks. He’d even stopped smoking pot. Where did this guy get off calling him a hippie? Hippie? he said to himself, then: â€Å"Hey!† Dale started his truck and put it into gear. Theo stepped up on the running board, leaned over the windshield, and started tapping on it with a quarter he’d fished from his jeans pocket. â€Å"Don’t leave, Dale.† Tap, tap, tap. â€Å"You leave now, I’ll put a warrant out for your arrest.† Tap, tap, tap. Theo was pissed now – he was sure of it. Yes, this was definitely anger now. Dale threw the truck into park and hit the electric window button. â€Å"What? What do you want?† â€Å"Lena wants to press charges for assault – maybe assault with a deadly weapon. I think you’d better rethink leaving right now.† â€Å"Deadly weapon? It was a bag of ice.† Theo shook his head, affected a whimsical storyteller’s tone: â€Å"A ten-pound bag of ice. Listen, Dale, as I drop a ten-pound block of ice on the courtroom floor in front of the jury. Can you hear it? Can’t you just see the jury cringe as I smash a honeydew melon on the defense attorney’s table with a ten-pound block of ice? Not a deadly weapon? ‘Ladies and gentlemen of the jury, this man, this reprobate, this redneck, this – if I may – clump-filled-cat-box-of-a-man, struck a defenseless woman – a woman who out of the kindness of her heart was collecting for the poor, a woman who was only – ; â€Å"But it’s not a block of ice, it’s –  » Theo raised a finger in the air. â€Å"Not another word, Dale, not until I read you your rights.† Theo could tell he was getting to Dale – veins were starting to pulse in the contractor’s temples and his bald head was turning bright pink. Hippie, huh? â€Å"Lena is definitely pressing charges, aren’t you, Lena?† Lena had made her way to the side of the truck. â€Å"No,† Lena said. â€Å"Bitch!† Theo said – it slipped out before he could stop himself. He’d been on such a roll. â€Å"See how she is,† said Dale. â€Å"Wish you had a bag of ice now, don’t you, hippie?† â€Å"I’m an officer of the law,† Theo said, wishing he had a gun or something. He pulled his badge wallet out of his back pocket but decided that was a little late for ID, since he’d known Dale for nearly twenty years. â€Å"Yeah, and I’m a Caribou,† Dale said, with more pride than he really should have had about that. â€Å"I’ll forget all about it if he puts a hundred bucks in the kettle,† Lena said. â€Å"You’re nuts, woman.† â€Å"It’s Christmas, Dale.† â€Å"Fuck Christmas and fuck you.† â€Å"Hey, there’s no need for that kind of talk, Dale,† Theo said, going for the peace in peace officer. â€Å"You can just step out of the truck.† â€Å"Fifty bucks in the kettle and he can go,† Lena said. â€Å"It’s for the needy.† Theo whipped around and looked at her. â€Å"You can’t plea-bargain in the parking lot of the Thrifty-Mart. I had him on the ropes.† â€Å"Shut up, hippie,† Dale said. Then to Lena, â€Å"You’ll take twenty and the needy can get bent. They can get a job like the rest of us.† Theo was sure he had handcuffs in the Volvo – or were they still on the bedpost at home? â€Å"That is not the way we –  » â€Å"Forty!† Lena shouted. â€Å"Done!† Dale said. He pulled two twenties from his wallet, wadded them up, and threw them out the window so they bounced off of Theo Crowe’s chest. He threw the truck in gear and backed out. â€Å"Stop right there!† Theo commanded. Dale righted the truck and took off. As the big red pickup passed Theo’s Volvo station wagon, parked twenty yards up the lot, a bag of ice came flying out the window and exploded against the Volvo’s tailgate, showering the parking lot with cubes but otherwise doing no damage whatsoever. â€Å"Merry Christmas, you psycho bitch!† Dale shouted out the window as he turned onto the street. â€Å"And to all a good night! Hippie!† Lena had tucked the wadded bills into her Santa suit and was squeezing Theo’s shoulder as the red truck roared out of sight. â€Å"Thanks for coming to my rescue, Theo.† â€Å"Not much of a rescue. You should press charges.† â€Å"I’m okay. He’d have gotten out of it anyway, he has great lawyers. Trust me, I know. Besides, forty bucks'† â€Å"That’s the Christmas spirit,† Theo said, not able to keep from smiling. â€Å"You sure you’re okay?† â€Å"I’m fine. It’s not the first time he’s lost it with me.† She patted the pocket of her Santa suit. â€Å"At least something came of this.† She started back to her kettle and Theo followed. â€Å"You have a week to file charges if you change your mind,† Theo said. â€Å"You know what, Theo? I really don’t want to spend another Christmas obsessing on what a complete waste of humanity Dale Pearson is. I’d rather let it go. Maybe if we’re lucky he’ll be one of those holiday fatalities we’re always hearing about† â€Å"That would be nice,† said Theo. â€Å"Now who’s in the Christmas spirit?† In another Christmas story, Dale Pearson, evil developer, self-absorbed woman hater, and seemingly unredeemable curmudgeon, might be visited in the night by a series of ghosts who, by showing him bleak visions of Christmas future, past, and present, would bring about in him a change to generosity, kindness, and a general warmth toward his fellow man But this is not that kind of Christmas story, so here, in not too many pages, someone is going to dispatch the miserable son of a bitch with a shovel. That’s the spirit of Christmas yet to come in these parts. Ho, ho, ho. How to cite The Stupidest Angel Chapter 1, Essay examples

The Imf And The Bretton Woods Agreements Essays -

The Imf And The Bretton Woods Agreements The international financial system has been radically altered since the worldwide depression of the late 1920's and early 1930's. This change is due in large part to the inception of the International Monetary Fund (IMF) and its subsequent control over the international financial system. In this paper I will examine the extensive role of the Bretton Woods system of exchange rates and the gold standard. Additionally, I will examine the role that the IMF has taken on since the demise of the gold standard. To begin, we must examine the circumstances that surround the creation of the IMF, who the actors are and what each of their roles are as member countries. The IMF was created as a result of the worldwide market collapse that took place initially in October of 1929. The domino effect that took place when the first market crashed was seen to be a situation so severe that world powers felt that drastic measures needed to be taken to ensure that this was the last global financial crisis that the world would face. Its creation in 1944 was the beginning of a new era for the international financial system. The creation of the IMF occurred at Bretton Woods along with the World Bank and the system of fixed exchange rates and the gold standard for currency. Under this system, the US dollar was tied to gold by a United States government commitment to buy it at $35.00 and ounce and sell to central banks at the same price (excluding handling and other charges). Other participating countries maintained the exchange values of their currencies at prices which were almost fixed in terms of the dollar (the values fluctuate normally not more than one percent on either side of their parities), with the result that exchange rates were almost universally fixed. Other governments carried out their commitments by selling internationally acceptable liquid resources when there was an excess demand for foreign currencies in terms of their own currencies, and by buying liquid resources when there was an excess supply. What constituted internationally acceptable resources for this purpose were gold, and oth er liquid assets denominated in ?key? or reserve currencies, principally US dollars or UK pounds sterling. The IMF was to ensure that these standards were being followed as well as being the lender for temporary deficits, and balance of payment problems. Each member country contributed a predefined amount, or quotas, of national currencies and gold. This quota also determines the voting power on the IMF and the amount of resources that they may draw on from the Fund. Designed to foster monetary cooperation, the IMF sought to enforce strict rules of behaviour in a world based on the gold standard and fixed currency-exchange rates. The Fund had, in theory, strict rules regarding how much to lend and when it was to be repaid. In reality, however, the Fund had discretion to waive any normal limitations. In 1961 with the advent of the General Arrangements to Borrow (GAB), the Fund increased its ability to lend through arrangements to borrow from 10 major industrial countries. At the time, these agreements had enabled the IMF to have and additional $6 billion at its disposal. The Gold Standard, in theory, functioned to limit the ability of governments to issue currency at will, hence decreasing the purchasing power of money. It existed before the Bretton Woods agreement, but was suspended for reasons that we will see later. If, for example, the US dollar were defined as equal to 1/20 of an ounce of gold, then the number of dollars that the United States could issue would be constrained by its holdings of gold reserves. Moreover, if the UK defined its currency, the pound sterling, as 5/20 of an ounce of gold, the fixed exchange rate between the US and the UK, quite obviously would be $5 USD=?1 sterling. One specific problem with specie standards (that is a currency convertible into a standardised unit of a non-monetary commodity) is that the value of money is only as valuable as the specie backing it. When worldwide gold production was low in the 1870's and 1880's, the money supply grew slowly, leading to a general