National Debt Page 3

The U.S. National Debt
The U.S. National Debt
The U.S. National Debt Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves. Is it a good idea? Why does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some say it is a bad thing, and predict impending doom, others say it is a safe and stable necessity to maintain a healthy economy. For nearly 150 years the U.S. government managed to keep a balanced budget. The only time a budget deficit existed during these years was in times of
LONG TERM CAPITAL MANAGEMENT L.P. – A CASE STUDY
LONG TERM CAPITAL MANAGEMENT L.P. – A CASE STUDY
LONG TERM CAPITAL MANAGEMENT L.P. ? A CASE STUDY Rarely if ever has a single firm had as tremendous an impact on international economics as Long Term Capital Management L. P. (LTCM). This report describes the company itself and its investment strategies, with particular attention paid to its international influence and importance. LTCM's activities in the financial world ultimately caused a near-collapse in the entire international financial system. In fact, had the Federal Reserve Bank of New Y
Electrical Utility Deregulation Is The Process Of Transforming Electri
Electrical Utility Deregulation Is The Process Of Transforming Electri
Electrical utility deregulation is the process of transforming electrical utility companies from regulated monopolies to market-driven suppliers of competitive energy and services. (Reliant Energy HL&P 1999) It means that customers will have the ability to choose their electrical supplier. Today's utility customers want lower prices, more choice, and better service as well as reliability. The deregulation of other industries such as railroad, trucking, natural gas, and telecommunications has sho
France Was An Absolute Monarchy. Louis XIV (1643 – 1715) Was The Envy
France Was An Absolute Monarchy. Louis XIV (1643 – 1715) Was The Envy
France was an absolute monarchy. Louis XIV (1643 ? 1715) was the envy of all other rulers in Europe. During his reign he had centralized the government and had encouraged trade and manufacture. His undoing was the long list of over ambitious wars that he had participated in. His successors Louis XV (1715 ? 74) and Louis XVI (1774 ? 93) also participated in lengthy and costly conflicts. France had suffered defeat in the Seven Years War against Britain (1756 ? 63). Her army in Europe was crushed b
What Is War? Webster’s Encyclopedic Dictionary Describes It As: An Arm
What Is War? Webster’s Encyclopedic Dictionary Describes It As: An Arm
What is war? Webster's Encyclopedic Dictionary describes it as: an armed clash between nations or factions in the same nation. That's how a dictionary describes it, but in fact, it is something much worse. War is the epitome of what is wrong with human nature. War is devastating. Perhaps no other war was as devastating as World War II. (1)World War II killed more people, destroyed more property, disrupted more lives, and had more far-reaching consequences than any other war in history. It bro
Shakespeare Also Spelled SHAKSPERE, Byname BARD OF AVON, Or SWAN OF AV
Shakespeare Also Spelled SHAKSPERE, Byname BARD OF AVON, Or SWAN OF AV
Shakespeare also spelled SHAKSPERE, byname BARD OF AVON, or SWAN OF AVON English poet, dramatist, and actor, often called the English national poet and considered by many to be the greatest dramatist of all time. Shakespeare occupies a position unique in world literature. Other poets, such as Homer and Dante, and novelists, such as Leo Tolstoy and Charles Dickens, have transcended national barriers; but no writer's living reputation can compare with that of Shakespeare, whose plays, written in t
History Individual Study
History Individual Study
History Individual Study How far did the policies of Olivares represent realistic solutions to the problems of Spain? Introduction ‘The view is rapidly gaining currency that not only did Olivares’ policies for Spain and its empire not differ markedly from those of earlier Spanish statesmen, but that by and large the results of his manifold endeavours were both few and modest.’ This understanding of the historiography of Olivares’ effectiveness from Israel, makes Olivares look unoriginal and inef
President Andrew Jackson
President Andrew Jackson
President Andrew Jackson Andrew Jackson was born in 1767, and grew up in the border of North and South Carolina. He attended frontier schools and acquired the reputation of being fiery-tempered and willing to fight all comers. He also learned to read, and he was often called on by the community to read aloud the news from the Philadelphia papers. In 1775, with the beginning of the American Revolution, Andrew Jackson, then only 13 years old became an orderly and messenger. He took part in the Bat
Education And Egalitarianism In America
Education And Egalitarianism In America
Education And Egalitarianism In America Education and Egalitarianism in America The American educator Horace Mann once said: As an apple is not in any proper sense an apple until it is ripe, so a human being is not in any proper sense a human being until he is educated. Education is the process through which people endeavor to pass along to their children their hard-won wisdom and their aspirations for a better world. This process begins shortly after birth, as parents seek to train the infant t
Versailles Effect On Germany
Versailles Effect On Germany
Versailles Effect On Germany The Versailles Treaty The Treaty of Versailles was intended to be a peace agreement between the Allies and the Germans. Versailles created political discontent and economic chaos 1in Germany. The Peace Treaty of Versailles represented the results of hostility and revenge and opened the door for a dictator and World War II. November 11, 1918 marked the end of the first World War. Germany had surrendered and signed an armistice agreement. The task of forming a peace ag
Business Plan
Business Plan
Business Plan Primary and Secondary Mkt. WORKSHOP INTRODUCTION: THE BUSINESS PLAN 9/97 ROAD MAP TO SUCCESS WORKBOOK Training Module - 2 WORKSHOP OBJECTIVES By the end of this workshop, you should be able to: * Understand the role of the business plan. * List several reasons for developing a business plan. * Identify sources where you can get help in developing a business plan. * Identify the type of information to include in the business plan. * Prepare an outline for a business plan. THE BUSINE
Evolution Of The Power Of The Presidency
Evolution Of The Power Of The Presidency
Evolution Of The Power Of The Presidency The views of the presidency by the first sixteen presidents varied widely but all of their actions set precedents for their successors to use, expand, or even curtail the power of the office. Some believed in the Whig theory of strict adherence to the constitution, while others believed the president was the steward of the people with a loose interpretation of it. The power of the office expanded through the years, however it only expanded as far as the p
Ben Franklin
Ben Franklin
Ben Franklin Benjamin Franklin-Scientist and Inventor Benjamin Franklin has influenced American technology, and indirectly, lifestyles by using his proficiencies and intelligence to conduct numerous experiments, arrive at theories, and produce several inventions. Franklin's scientific and analytical mind enabled him to generate many long lasting achievements which contributed to the development and refinement of modern technology. Few national heroes, including George Washington and Thomas Jeffe
Sino-Russian Forum
Sino-Russian Forum
Sino-Russian Forum Chapter1. Historical Retrospection of Sino-USSR Trade Sino-R.S.S.R trade started even before the establishment of the People's Republic of China. In August 1946, the Chinese Communist Party Northeast Bureau reached an agreement with the Soviet Union to exchange clothes, medicine and other daily necessities with foodstuff. At the end of the year, a small-scale trade began. The trade relation between China and USSR had experienced great changes since the establishment of the Peo
To What Extent Was The French Revolution Caused By Economic Depression
To What Extent Was The French Revolution Caused By Economic Depression
To What Extent Was The French Revolution Caused By Economic Depression In June 1789 the French revolution had begun. For the next five years there would be bloodshed throughout France, the country was going through a radical change, the change in sovereignty and the failure of the constitutional monarchy being two examples of this. But to what extent was all this caused by economic distress? Before being able to answer the question, one would have to establish the definition of economic distres
History Of Middle America
History Of Middle America
History Of Middle America Central America is a land bridge that connects North America to South America. Today, this area of the world is under major reconstruction. Its recent history is filled with civil wars, military dictatorships, and native uprisings. Though the recent economy has turned toward the better, the history of the economy in Central America has not been a fortunate. Poverty, disease, and discontent were common among the people living in this region. Many of the problems faced by
Why Did Party Politcs Develop After 1789 In The United States
Why Did Party Politcs Develop After 1789 In The United States
Why Did Party Politcs Develop After 1789 In The United States Why did Political Parties develop in the United States after 1789? Partisan Politics in the newly formed United States of America was being established before the stipulated time governing this essay suggests. From as early as the Articles of Confederation and by the time of Ratification, Partisan politics was well on its way to play an integral role in the United States political life. It was tried to be avoided as dual-parties were
Rooselvelt
Rooselvelt
Rooselvelt Franklin Delano Roosevelt Franklin Delano Roosevelt was the 32nd president of the United States. Roosevelt served longer than any other president. His unprecedented election to four terms in office will probably never be repeated; the 22nd Amendment to the Constitution of the United States, passed after his death, denies the right of any person to be elected president more than twice. Roosevelt held office during two of the greatest crises ever faced by the United States: the Great De
Bristol-Myers Squibb
Bristol-Myers Squibb
Bristol-Myers Squibb Michael Zouroudis Cornerstone student in the College of Business Administration University of Central Florida October 15, 1999 Table of Contents Section Introduction/Executive Summary................................................................................................................3 Background..................................................................................................................................................4 Marketing Product/Servic
The Euro
The Euro
The Euro In Europe, the debut of the euro is widely hailed as the most important event affecting the international monetary landscape since the breakup of the Bretton Woods System in 1971 to 1973, or since the Bretton Woods Agreement in 1944, or maybe even since the founding of the Federal Reserve System in 1913. It has become a contest for European officials and commentators to see who can push the analogy back furthest in time. Eminences elsewhere in the world have similarly greeted the euro w
Computer Fundermentals
Computer Fundermentals
Computer Fundermentals The society in which we live is complex and sophisticated. As consumers we demand a variety of goods and services to enable us to maintain the quality of life we enjoy. In order to satisfy these demands, suppliers must produce the goods and services, which the consumer wants by combining factors of production such as land, labour and capital in the most efficient manner. To do this the hiring of workers, rent or purchase of the appropriate premises, and maybe, even investi
Yemen: Developing A Country
Yemen: Developing A Country
Yemen: Developing A Country Yemen: A Focus on Development for the Oil and Tourism Industries Yemen, a third world country desperately trying to achieve 2nd or even 1st world status, is in the midst of turmoil and tribulation in trying to bail out their economy and increase their level of reform. Since 1995, the Yemeni government began to implement a large scale program of reform. The program was formulated in cooperation with the IMF and the World Bank and it is considered a liberal program aime
Mike Porter Researches
Mike Porter Researches
Mike Porter Researches Michael Porter On How To Marry Strategy & Operational Effectiveness The Harvard management guru argues that operations & strategy must fit to create a sustainable competitive advantage. For almost two decades, managers have been learning to play by a new set of rules. Companies must be flexible to respond rapidly to competitive and market changes. They must benchmark continuously to achieve best practice. They must outsource aggressively to gain efficiencies. . . Positioni
Russia And The Cis
Russia And The Cis
Russia And The Cis When the Soviet Union fell in 1991, due to many pressures both internal and external, the ex-soviet satellites were given their independence, much to Russia's dismay. A new trend towards sovereignty made it difficult for the largest country in the world to deny it's former members the right to separate. However, even with the creation of the Commonwealth of Independent States (CIS), Russia is still heavily involved with the matters of its former soviet members. This then leave
Hamiltons Crusade
Hamiltons Crusade
Hamilton's Crusade When the revolutionary war was over, the American colonists found themselves free of British control. Now that they were free, they wanted to create their own system of government where the tyranny and the arbitrariness of the British monarchy of old, would be diminished. Originally, The Articles of Confederation thinly united the thirteen states. This document had given the central government no power to do what was needed. The central government had no power to tax they only
Child Labor
Child Labor
Child Labor Introduction Child labor is a serious problem in many parts of the world, especially in developing countries. Labor is defined as physical or mental work especially of the hard or fatiguing kind. (Webster's Dictionary) Child labor usually means work that is done by children under the age of 15, which restricts or damages their physical, emotional, intellectual, social, or spiritual growth as children. The International Labor organization estimates that there are 250 million children
Great Depression
Great Depression
Great Depression The Great Depression Though most Americans are aware of the Great Depression of 1929, which may well be the most serious problem facing our free enterprise economic system, few know of the many Americans who lost their homes, life savings and jobs. This paper briefly states the causes of the depression and summarizes the vast problems Americans faced during the eleven years of its span. This paper primarily focuses on what life was like for farmers during the time of the Depress
Shays Rebellion
Shays Rebellion
Shay's Rebellion Critical Analysis Shays Rebellion 1) Shays' Rebellion, the post-Revolutionary clash between New England farmers and merchants that tested the precarious institutions of the new republic, threatened to plunge the disunited states into a civil war. The rebellion arose in Massachusetts in 1786, spread to other states, and culminated in an abortive attack on a federal arsenal. It wound down in 1787 with the election of a more popular governor, an economic upswing, and the creation
Japanese Negotiations
Japanese Negotiations
Japanese Negotiations Japanese Negotiation When thinking about negotiations one might not realize how often that we negotiate in our everyday lives. Almost every activity that we do, especially when involving more than just ourselves, involves negotiations in some way, such as should we eat at Burger King or at McDonalds. You negotiate with someone else or even yourself in your decision. Negotiations are also very important in business dealings. The negotiation can make or break a business deal
Japanese Economy
Japanese Economy
Japanese Economy The Japanese economy is the second largest in the world, behind only the American economy. As such, its decade long downward slide has many lessons the American economy can learn from. The difference between the economies is one of degree, not type. Our own economy has been faltering of late, bringing fear of recession. The Japanese have been on that road for over ten years, and of late have been making aggressive moves towards a restructuring. This paper will look at the types
Burr Conspiracy
Burr Conspiracy
Burr Conspiracy I. Introduction The events surrounding the Burr Conspiracy were among the first tests of the effectiveness of the United States democracy. II. Aaron Burr Aaron Burr was born in Newark New Jersey on February 6, 1756, and Burr was educated at what is now Princeton University. Burr joined the Continental Army in 1775, and rose to the rank of Lieutenant Colonel. Burr was appointed attorney general of New York in 1789 and served as a United States senator from 1791 to 1797 (Onager C
Causes Of World War I
Causes Of World War I
Causes Of World War I On June 28, a Serbian student, Gavrilo Princip, spurred Europe into the most catastrophic event of modern history, assassinating Austrian Archduke, Francis Ferdinand. Yet, somewhere behind this simple act lies a much deeper and complex origin to a war unlike any had ever seen or even imagined. Profound improvements in war technology, growing tensions between neighboring European ethnic groups, and a comprehensive system of alliances and treaties, which all defined The First
National Collective Action
National Collective Action
National Collective Action The framers of the U.S. Constitution were men who wanted to solve the problems of collective action and agency loss. The Articles of Confederation contained many weaknesses, and to amend this, the framers sought to create a strong central government that could delegate authority and cut down transaction costs. Many compromises were necessary in order to solve these conflicts. The framers adopted certain changes that helped to balance the need for effective national col
How The Rich Benefit From The Poor
How The Rich Benefit From The Poor
How The Rich Benefit From The Poor How the Rich Benefit From the Poor The United States is the most developed capitalist economy in the world. The markets within the economy provide profit-motivated companies endless potential in the pursuance of pecuniary accumulation. Throughout the twentieth-century competitive companies have implemented modernized managerial procedures designed to raise profits by reducing unnecessary costs. These cost-saving procedures have had a substantial effect on socie
Truman S Harry
Truman S Harry
Truman S Harry Truman was a simple honest man. His impact on world history however was much more than simple. In his life he would take part in both world wars and serve two terms in office as president. Truman was born in Lamar, Missouri, on May 8, 1884. His full name was Harry S. Truman. The S did not stand for anything but was put there to appease his two relatives who's names started with s. He was the eldest of three children with a younger brother Vivian, and a younger sister Mary Jane. Hi
Articles Of Confederation
Articles Of Confederation
Articles Of Confederation From 1781 to 1789 the Articles of Confederation provided the United States with an ineffective government, however there were some strong steps taken in the articles to try and make the United States a better country. The articles created a loose confederation of independent states that gave limited powers to a central government, known as Congress. Some actions taken by Congress, such as the Treaty of Paris, and certain powers that were given to them were sometimes ben
Asian Crisis
Asian Crisis
Asian Crisis Introduction A financial crisis swept like a bush fire through the ?tiger economies? of South East Asia between June 1997 and January 1998. One country after another, local stocks markets and currency imploded. When the dust started to settle, the stock markets in many of these countries had lost over 70% of their value. Leaders of some these nations had to approach the International Monetary Fund (IMF) to beg for massive financial assistance. The crisis in Asia has occurred after s
Problems In China`S Economy
Problems In China`S Economy
Problems In China`S Economy Problems In China??s Economy And Their Solutions Today, at the turn of the century, the People??s Republic of China who has a history of over 5000 years is facing a very important choice. After the revolution of 1949,new China has devoted himself to improving his peoples?? living condition, and developing the economy. Although we encountered some difficulties on the way of development, we still make a rapid progress in many fields, such as, we have already solve the p
Russian Economic Framework
Russian Economic Framework
Russian Economic Framework Country Analysis Framework Looking at the Russian Economy Focus of a country framework A country framework for these medium-term considerations should yield results useful for investment planning, policy choice, and financial reimbursement where appropriate. This is the focus of the framework outlined in this paper. This framework does not explicitly cover longer term and global level assessments, although one could use an essentially similar framework for those as wel
Us Involvement In World War Two
Us Involvement In World War Two
Us Involvement In World War Two America's involvement in World War Two When war broke out , there was no way the world could possibly know the severity of this guerre. Fortunately one country saw and understood that Germany and its allies would have to be stopped. America's Involvement in World War two not only contributed in the eventual downfall of the insane Adolph Hitler and his Third Reich, but also came at the precise time and moment. Had the united states entered the war any earlier the c
Great Depression
Great Depression
Great Depression The Great Depression The Great Depression took place from 1930 to 1939. During this time the prices of stock fell 40%. 9,000 banks went out of business and 9 million savings accounts were wiped out. 86,000 businesses failed, and wages were decreased by an average of 60%. The unemployment rate went from 9% all the way to 25%, about 15 million jobless people. Economic Indicators of the Great Depression Indicator 1928 1929 1930 1931 1932 1933 Unemployment (in millions) 2.0 1.6 4.3
The Current State Of Devlopment In Latin America
The Current State Of Devlopment In Latin America
The Current State Of Devlopment In Latin America In attempting to establish the current state of development in Latin America, historical chronology serves as the foundation necessary for a comprehensively logical position. Latin American development has evolved in distinct phases, which lead to the present day standings of the politics and peoples throughout the region. The culmination of distinct historical attributes: conquest, colonialism, mercantilism, captalism, industrialism, and globalis
Communisn Versus Democracy
Communisn Versus Democracy
Communisn Versus Democracy Communism is an original system of society, quite different from Democracy in many ways. While total democracy is not widely spread, many forms of it are prosperous throughout the world today. One of the first and major differences between a Communist and Democratic government is their contrary economic systems. In a communist government, the community owns the major resources and means of production. The goal of such a system is to prevent any one person or group of p
Anaysis Of Turkey
Anaysis Of Turkey
Anaysis Of Turkey Analysis of Turkey 1999 Political Stability: (4)***(3) Probably the most unpredictable facet of Turkey at this time. It remains to be seen if the instability will level out and stabilize. A recent election has brought a new president to power Suleyman Demirel. Consequently, the next few months are likely to prove beneficial for political critics in Ankara as well as elsewhere but perhaps less so for those who have been waiting patiently for a strong and decisive government to t
George Washington's Presidency
George Washington's Presidency
George Washington's Presidency he Electoral College elected Washington unanimously in 1789, and again in the 1792 election; he remains the only president to receive 100% of the electoral votes. At his inauguration, he insisted on having Barbados Rum served.[34] John Adams was elected vice president. Washington took the oath of office as the first President under the Constitution for the United States of America on April 30, 1789 at Federal Hall in New York City although, at first, he had not wan
yasin
yasin
A government has economic,social and financial duties which are determined by constitution. Government needs to have income from various resources (taxes, borrowings, social security instutions, properties,etc.) to be carried out these duties. Using of the income for government needs is called government expenditures. In this essay, I want to explain the using aims of government expenditures. These expenditures can be classified into three types: consumption, financial aid and government invest
George Robert Twelves Hewes, Shoemaker to Revolutionary
George Robert Twelves Hewes, Shoemaker to Revolutionary
George Robert Twelves Hewes, Shoemaker to Revolutionary Alfred E. Young chronicles the events of a shoemaker?s life in The Shoemaker and The Tea Party to portray how the life of a poor shoemaker, with an ambition to improve his social status, shaped his opinion of the Revolution. In 1835, Young?s subject, George Robert Twelves Hewes, was believed to be the last surviving participant in the Revolutionary War. ?His memory itself became my subject,? Young writes as he pieces together historical rec
PROJECT ON FISCAL POLICY AND REVENUE ALLOCATION IN INDIA: ISSUES AND C
PROJECT ON FISCAL POLICY AND REVENUE ALLOCATION IN INDIA: ISSUES AND C
PROJECT ON FISCAL POLICY AND REVENUE ALLOCATION IN INDIA: ISSUES AND CHALLENGES 6. INTRODUCTION: In economics, fiscal policy is the use of government expenditure and revenue collection (taxation) to influence the economy. Fiscal policy basically means by which a government adjusts its levels of spending in order tomonitor and influence a nation's economy. It is the sister strategy to monetary policy, withwhich a central bank influences a nation's money supply. In this specific project, I would b
MICROECONOMICS - TEST ONE
MICROECONOMICS - TEST ONE
MICROECONOMICS - TEST ONE NAME __________________________________ Forty-four multiple choice questions, each worth 2 points; and two short-answer questions, each worth 6 points. For each question, circle the best answer. 1. The study of economics is primarily concerned with: A) keeping private businesses from losing money. B) keeping economics professors from starving to death. C) choices that are made in seeking to use scarce resources efficiently. D) determining the most equitable (fair) distr
Southern Voting Behavior
Southern Voting Behavior
Southern Voting Behavior Southern Voting behavior since the 1960's Voters in many areas of the U.S. are apt to vote differently as a whole from election to election. The nation has also had a decreased turnout rate for the presidential and local elections. The South has typically not followed these patterns that the rest of has seemed to be following. The Southern whites of the U.S. have typically followed and voted for the more conservative candidate and party. Where as the Southern blacks hav