The War Of The Vietnam War - 2305 Words

The Vietnam War was very costly to everyone involved. For the United States, The Tet Offensive was the most important turning point in the war. Without first understanding the history of the region and America s involvement in the Vietnam conflict, we will not be able to understand the significance of this event. For the Vietnamese, the Vietnam War was the ending of a century filled with gruesome, non-stop conflict. The country had struggled to find its own identity, being colonized by a much bigger country, France, from 1874-1954. The French used the country and its people for the benefit of their own economy. They felt like the only purpose of the Vietnamese people was to â€Å"grow rice and extract rubber†1. It wasn t easy keeping the†¦show more content†¦After all, who wouldn t want that over being bossed around by the French? The pieces were slowly falling into place, but the people were still missing a leader to lead them to their independence. Ho Chi Minh would eventually rise to be the first president of the Communist-ruled Democratic Republic of Vietnam. After being exiled from Vietnam for 30 years, he returned to his country to fulfill his purpose with the support of China and Russia behind him. In 1941 Minh founded the Viet Minh, a Communist party that would soon be a force to be reckoned with. Four years, later on August 25, 1945, Ho Chi Minh and the Viet Minh declared independence, resulting in the abdication of Emperor Bao Dai and an end to monarchy in Vietnam4. It wasn t long for before bloodshed and war returned to Vietnam. After the end of World War 2, the French sought to regain dominance over their old colony. The Viet Minh resisted heavily and the fighting continued from 1946-1954. Along the way, the North received a lot of help from its Communist friends. With Communism winning in China, the Chinese could now focus on sending troops and supplies to fuel the fight against France. Their other ally, Russia, â€Å"also sent aid and arms† to help the effort5. The French-Indochina War officially ended with the signing of the Geneva Agreements6. The agreements stated there would be a two-year protected period where there would be no foreign troops allowed in the

Sarbanes Oxley Act Of 2002 Essay - 1343 Words

Sarbanes-Oxley Act of 2002 The financial crisis of the early 2000s left many investors and stockholders nervous about the accuracy of financial statements issued by public companies. The financial crisis resulted after many previously successful companies suddenly tanked due to restatement of their financials. These companies include Enron, Tyco, Sunbeam, Rite-Aid, Xerox and WorldCom amongst others (Kieso, 2014, p. 17). How could many previously successful companies suddenly go belly-up? The evidence was to be seen, these companies had used malicious accounting techniques to hide massive amounts of debts and increase their assets without having to show them accurately in a fair and honest way on their financial statements. This paper will discuss the legislation that was enacted following these events. It is known as the Public Accounting Return and Investor Protection Act, better known as the Sarbanes-Oxley Act, and has been enacted since the year 2002 (Mishkin, 2012, p. 158). This Act is applicable to all public companies within the US as well as any international companies who have securities within the US registered with the SEC (The Vendor-Neutral Sarbanes-Oxley Site, 2012). In this paper, it will be discussed why Sarbanes-Oxley was enacted and the key specifications. Why Sarbanes-Oxley? The Sarbanes-Oxley Act, which will now be referred to as SOX, was enacted essentially to curb conflicts of interest, thus reducing the expectations gap. The expectations gapShow MoreRelatedSarbanes-Oxley Act of 2002985 Words   |  4 Pages Sarbanes-Oxley Act of 2002 Week # 2 Individual Assignment â€Æ' Sox Key Main Aspects for a Regulatory Environment Sarbanes-Oxley Act was passed in 2002 by former president George Bush. Essentially to combat the Enron crisis. The Sox Act basically has regulatory control and creates an enviroment that is looking out for the public. Ideally this regulatory environment protects the public from fraud within corporations. Understanding, that while having this regulatoryRead MoreThe Sarbanes Oxley Act Of 20021614 Words   |  7 PagesThe Sarbanes-Oxley Act of 2002 (SOX) was enacted to bring back public trust in markets. Building trust requires ethics within organizations. Through codes of ethics, organizations are put in line to conduct themselves in a manner that promotes public trust. Through defining a code of ethics, organizations can follow, market becomes fair for investors to have confidence in the integrity of the disclosures and financial reports given to them. The code of ethics include â€Å"the promotion of honest andRead MoreThe Sarbanes Oxley Act Of 2002 Essay1605 Words   |  7 Pages well-known acts have been signed into laws by the presidents at the time to protect investors and consumers alike. A brief overview of the Sarbanes-Oxley Act of 2002, a discussion of some of the provisions therein, opinions of others regarding the act and also my personal and professional opinion will be discussed below. The same will be examined about the Dodd-Frank Wall Street Reform and Consumer Protection Act. Senators Paul Sarbanes and Michael Oxley were the sponsors of the Sarbanes-Oxley Act of 2002Read MoreThe Sarbanes Oxley Act Of 20021563 Words   |  7 PagesThe Sarbanes-Oxley Act of 2002 (SOX) was enacted to bring back public trust in markets. Building trust requires ethics within organizations. Through codes of ethics, organizations conduct themselves in a manner that promotes public trust. Through defining a code of ethics, organizations can follow, the market becomes fair for investors to have confidence in the integrity of the disclosures and financial reports given to them. The code of ethics includes the promotion of honest and ethical conductRead MoreThe Sarbanes Oxley Act Of 20021015 Words   |  5 PagesThe Sarbanes-Oxley Act of 2002, also known as the SOX Act, is enacted on July 30, 2002 by Congress as a result of some major accounting frauds such as Enron and WorldCom. The main objective of this act is to recover the investors’ trust in the stock market, and to p revent and detect corporate accounting fraud. I will discuss the background of Sarbanes-Oxley Act, and why it became necessary in the first section of this paper. The second section will be the act’s regulations for the management, externalRead MoreThe Sarbanes Oxley Act Of 2002 Essay1070 Words   |  5 Pagesof Sarbanes-Oxley Act of 2002. This Act was placed into law to protect the consumer against fraudulent activity by organizations. This paper will provide a brief history of the law and discuss some of the ethical components and social implications on corporations. This research will provide information on how the Sarbanes-Oxley Act affects smaller organizations and how it encourages employees to inform of wrong doings. Brief Synopsis of Sarbanes-Oxley The U.S. Congress passed the Sarbanes-OxleyRead MoreThe Sarbanes Oxley Act Of 20022137 Words   |  9 Pagesdishonest act that remained common amongst companies such as Enron, WorldCom, and Tyco was the fabrication of financial statements. These companies were reporting false information on their financial statements so that it would appear that the companies were making profits. However, those companies were actually losing money instead. Because of these companies’ actions, the call to have American businesses to be regulated under new rules served as a very important need. In 2002, Paul Sarbanes from theRead MoreThe Sarbanes Oxley Act Of 20021525 Words   |  7 Pagesthe Sarbanes-Oxley Act of 2002 (Cheeseman, 2013). Congress ordered the Sarbanes-Oxley Act of 2002 (SOX Act) to shield customers from the fraudulent exercises of significant partnerships. This paper will give a brief history of the SOX Act, portray how it will shield general society from fraud inside of partne rships, and give a presumption to the viability of the capacity of the demonstration to shield purchasers from future frauds. History of the SOX Act Congress established the Sarbanes-Oxley ActRead MoreSarbanes Oxley Act of 20021322 Words   |  6 Pagesï » ¿Sarbanes-Oxley Act of 2002 Descriptions of the main aspects of the regulatory environment which will protect the public from fraud within corporations are going to be provided in this paper. A special attention to the Sarbanes – Oxley Act of 2002 (SOX) requirement; along with an evaluation of whether Sarbanes-Oxley Act will be effective in avoiding future frauds based on their implemented rules and regulations. The main aspects of the regulatory environment are based on the different laws and regulationsRead MoreThe Sarbanes Oxley Act Of 2002 Essay1302 Words   |  6 PagesThe Sarbanes-Oxley Act of 2002 was the result of a number of large financial scandals in the United States in the late 1990s and early 2000s. One of the most well-known corporate accounting scandals was the Enron scandal, which was exposed in 2001. Enron, an energy company that was considered one of the most financially sound corporations in the United States before the scandal, produced false earnings reports to shareholders and kept large debts off the accounting books (Peavler, 2016). Enron executives

The Recession of 1973-1975 - 1076 Words

The recession of 1973 through 1975, was due to the Organization of Petroleum Exporting Countries (OPEC) who rose gas prices and imposed an embargo against the United States. This quickly caused oil production to be cut dramatically, leaving no choice but to increase the price in oil. This recession, I am going to pin point the causes, fiscal and monetary policy the government uses to help the economy slowly come out from the recession. Also I am going to pin point the recession’s recovery and expansion. The causes of this recession was due to the unemployment being too high and how it had rose even higher through the years. The unemployment rate was at 4.9% by the fourth quarter and rose significantly at 8.3% by the fourth quarter of†¦show more content†¦During these years, Ford was the current President who cut taxes, hoping to increase consumption goods. In 1974, the federal budget was close to being balanced with a deficit of less than 1% of GDP. In the fiscal year , the GDP rose to 3.4% and 4.3% the following year. This temporary deficit of the tax cut in 1975, helped raise the federal deficit, increasing the aggregate demand. They did not worry seeing the unemployment rate increasing rapidly in the 1974 because the enactment of new legislation ensured that a higher percentage of the unemployed end up receiving compensation in 1975. The first steps in taking action to the 1974-1975 recession was changes in taxes and spending. â€Å"These changes heavily weighted toward a higher disposable income and consumption of moderate and low income persons.† (The Economic Policy Institute) The results weren’t so great, the consumption percentage of GDP rose in 1974 to 1975 and the investment percentage of GDP was lower in 1975 than in the 1974. Giving that the Ford tax increase of 1974 was not the best policy at that time. Really, the opposite contra cyclical policy was needed because it increases aggregate demand in recessions and decreas es aggregate demand in overheated expansions. They also used monetary policy to support President Ford’s stimulus package strategy, efforts to stimulate the economy. Nominal interest rates fell at a good rate in 1974, causing the recovery to be well under way by when it began to rise again inShow MoreRelatedEmerging From The Global Recession Of 1973-19752054 Words   |  9 PagesEmerging from the global recession of 1973-1975, the resulting surge of neoliberalism transformed the global economy into a secularized faith that draws on anxiety and responsibility for sustenance. Debt answers to anxiety and allows for a greater participation in the economy, subsequently, debtors become shackled to their indebtedness, which evolves into a continuous moral burden. The relationship between credit and debt has developed into a necessary technique of govern ­ment under neoliberal regimesRead MoreBackground Going Into The 1970 S1169 Words   |  5 Pagesdecisions that led to the ma ss inflation crisis of the 1970’s. Stagflation got its name during the 1973 - 1975 recession. There were six quarters of shrinking Gross Domestic Product (GDP), while inflation tripled in 1973, rising from 3.4% to 9.6%. It remained between 10-12% from February 1974 through April 1975. (Source: BEA, 1970-1979 GDP; BLS, Chart of 1970-1979 Inflation) Nixon It began with a mild recession in 1970 where unemployment was at 6.1%, a result of the economy contracting for three quartersRead MoreWhat Is Mexico 1995753 Words   |  4 Pagesstate owned industrial plants, private manufacturing, and services. The macroeconomics policies of the 1970’s left Mexico’s economy very vulnerable to external conditions. Making this turn sharply into Mexico in the early 1980’s causing the worst recession since the 1930’s. This is known in Mexico as â€Å"La dà ©cada Perdida†, meaning â€Å"the lost decade†. It was undermined by fiscal mismanagement. This resulted a sharp deterioration of the investment climate. The GDP grew more than 6 percent annually duringRead MorePresident Gerald R. Ford736 Words   |  3 Pagesattempt to improve the economy. Stagflation (the result of a nasty mixture of inflation, unemployment, and slow economic growth) was the economic environment during much of Ford’s term. Upon taking office, Ford faced a worsening economy. A steep recession coupled with an inflation rate exceeding 11 percent made the use of WIN buttons a very bad joke. Ford’s initial efforts and proposals focused on slogans, cutting federal spending, raising taxes, and possibly installing a wage-price freeze. For mostRead MoreThe Golden Age Of Capitalism1022 Words   |  5 Pagesthe annual consumer price inflation up to six percent following two years of consecutive increases. This was the result of generous spending by President Lyndon B. Johnson, who funded both the Great Society and the Vietnam War before leaving the recession in the hands of his successor, Richard Nixon (Bernanke 33). More determined to stopping inflation than Nixon’s administration, the Federal Reserve chairman William McChesney Martin decided to raise the federal funds rate from around six percentRead MoreThe Growth And Peak Stage Of A Business Cycle1498 Words   |  6 Pagesitself. These stages are growth, peak, recession and a trough or depression. These cycles repeat themselves over and over through out time in the business world. The growth and peak stage of a business cycle are when companies are building and providing great products and services. This is also the period when jobs are most abundant and harder to fill because job positions are in demand. After the peak stage a risky point in time follows which is the recession stage. During this time people tend toRead More OPEC Power: Past And Present Essay1676 Words   |  7 Pages(89). nbsp;nbsp;nbsp;nbsp;nbsp;The transportation sector was obviously the most affected by the 1973 oil embargo. Beginning in 1973, OPEC that at the time already had its dominant share of the world oil market, began to flex its muscles. The price of a barrel of crude oil quadrupled between 1973 and 1975. Particularly disruptive was the oil embargo that followed the Arab-Israeli war in 1973. The result was long lines at gas pumps-----rationing by waiting time rather than by price (Walton 616)Read MoreMicroeconomics : Principles Of Macroeconomics Essay1385 Words   |  6 PagesPaper By Mitchell Wright I decided to write my paper on the economy America during the 1970s. I chose this time period because it seemed to really be a major shifting point in the country. Not only did the economy change drastically with a major recession, exports falling and interests rates sky rocketing, but it also changed the way Americans lived their lives. The oil crisis in the Middle East caused major gasoline shortages forcing Americans to drive less. This brought about the beginnings of theRead MoreEconomic Recession1290 Words   |  6 PagesEconomic Recession of 2007 William Mwangi Class title and section Professor’s name Due date of Assignment: 26th August 2011. William Mwangi Economic crisis Class Professor’s name 24th August, 2011. Economic Recession of 2007: What caused it and what were the after effects? Can we predict another major recession? Thesis Statement: Although the recession that dates back in 2007 is still long and deep and surely has shown some recovery, the potential that it will completelyRead MoreImportance of the Macroeconomics Objectives Towards the Malaysia Economic Performance.1564 Words   |  7 Pagesprice increase in 1973 and 1974 was the principal reason for the escalation of world inflation in 1973–74. Consequently, consumer prices in Malaysia began to rise and inflation had reached a double-digit level of 10.56 per cent by the end of 1973. In 1974, the surge in oil price by over 230 per cent added strong fuel to inflation, and the inflation rate in Malaysia increased to its record high of 17.32 per cent. A year later, the Malaysian economy slumped into its great recession, with a GDP growth

Creative Writing The Meadow Essay Example For Students

Creative Writing: The Meadow Essay Creative Writing: The MeadowOn a crisp autumn afternoon, I sat idly under an enormous oak treewatching as a whirlwind whisked across the rolling hills of the meadow. As itpassed by me, the whirlwind scooped up a dormant pile of leaves lying next tothe oak tree. The leaves appeared to come alive twisting, turning, and dancingabout the meadow. They were sporting their new fall colors of red, orange,brown, and yellow. The brittle autumn leaves seemed to be having a party. Asthe party moved out of sight, I began to think about the last time I visited themeadow. The memories of my last visit are vivid with relaxed and peacefulthoughts motivated by the images, scents, and sounds of the meadow. The beauty of the meadow in the summer is unequaled. My memoriescontained many images of this special place. Snow covered mountains extend highabove the heavens; thus, setting the backdrop to the meadow. Wildflowersspeckled the base of the mountain becoming more abundant near the babblingbrook. The brook ran through the middle of the meadow turning, and twistingaround the enormous oak tree. The lush green grass grew around the tree likehair on a dogs back. Birds flew through the radiant blue sky diving forinsects. My thoughts reflect relaxation as my mind focuses on the pleasingimagery. The sounds of the meadow complement the beautiful imagery, and create asense of inner peace and harmony. The soothing sounds drifted across the meadowlike an orchestra playing at Carnegie Hall. The buzzing of the bees feeding onpollen made up the chorus. A woodpecker kept a steady beat as he drilled a holein the oak tree. Birds whistling, and peeping formed the brass section liketrumpets playing an excerpt from the 1812 Overture. All these sounds, and manymore blended together to create a relaxing melody soothing to the ear. The scents that fill a place are often strong components of memories. The scent of the meadow established lasting images in my mind. A breeze thatwafted across the meadow was full of many different scents. The yellowwildflowers smelled like a rich box of dark chocolate fudge: that was presentedas a gift on Christmas Day. The green grass was an odoriferous carpet smellingmostly of mildew. Perhaps, the most pleasant scent associated with the meadowwas that of an approaching storm. I often found solace in the rhythmic noise ofthe raindrops, and the wonderful smell of life giving rain. It was as if thesmells of the meadow were tangible objects seen, felt, and touched. A chill came over me as crisp breeze whisked over the meadow. The sunhad passed behind the snow covered mountains. Small white flakes had startedto come down as I sat under the leafless oak tree. I got up to look around themeadow; now completely covered with a white blanket. It seems that I missedremarkable visit while reminiscing about the past. The imagery, sounds, andscents of the meadow were powerful constituents of my relaxing and therapeuticmemories.