Did the government bail outs actually work Term Paper

Did the government bail outs actually work - Term Paper Example Though counter to his conservative ideology, Bush relented and worked with Congress to pass TARP, the Troubled Asset Relief Program, a move applauded by then presidential candidate Barack Obama. TARP and the auto bailout were and remain controversial topics. These were big gambles that, with all the associated drawbacks, paid big dividends. The bailouts saved a major American industry, the world from the Great Depression, the sequel and millions of people from living in â€Å"Bushvilles.† TARP, otherwise known as the â€Å"bank bailout,† was hurriedly implemented in 2008 as the world appeared on the threshold of a catastrophic financial meltdown. To stabilize financial markets, Congress authorized the Treasury Department to spend $700 billion, a move that caused widespread public outcry against the program. Most economists, however, understood that the move played a central role in rescuing the global economy. The Treasury didn’t use the entire amount though. It spent $470 billion on hundreds of banks, the auto industry and trying to help prevent home foreclosures. Treasury calculated that the total lifetime cost for taxpayers to be $17 billion in losses from the investments in the auto industry and auto finance companies plus a $46 billion loss from mortgage modification programs. â€Å"By any measure, TARP’s final tally will be far less than expected amid the crisis. But the program remains a big loser politically.† (â€Å"Credit,† 2010). According to a Treasury Department official Timothy Massad, Read Mthe federal government successfully stopped the 2008 financial crisis by â€Å"acting with overwhelming force and speed.† â€Å"The actions we took to stabilize the crisis worked. We really did arrest the panic,† said Massad. In addition, the financial regulatory reforms implemented the past three years have afforded economic policymakers enhanced tools to scrutinize systemic risk and better manage future crises. The U.S. government’s rapid and robust actions are in contrast with how European Union countries handled their banking crisis. â€Å"We’ve seen Europe struggle with its problems for two years. They haven’t been able to act as forcefully with their problems.† (Mowbray, 2011) To gain a little perspective, TARP and other government actions taken due to the financial crisis will cost taxpayers less than the savings and loan debacle during the 1980s, as a percentage of GDP (gross domestic product). Following the initial payout, President Obama continued the attempt to revive the financial system by implementing a scheme to help banks raise private money so that they can pay the government back. The Obama administration forced the 19 biggest banks to submit to a â€Å"stress test† to give potential investors confidence that those banks were solvent and reporting accurate financial records. Consequently, â€Å"banks have been able to raise enoug h private capital that today banks totaling only about 8 percent of bank holding companies by assets still have TARP money, down from 75 percent at the dawn of the crisis.† (Mowbray, 2011) Another element of the Obama administration’s reaction to the financial

Powdered zinc and copper sulphate Essay Example for Free

Powdered zinc and copper sulphate Essay Temperature after 1minute (i C) Change in Temperature (i C) 1g 17 19 2 As I had decided I was going to use 40cmiof copper sulphate solution in my experiments I was able to calculate the amount of mols of copper sulphate I was going to use, knowing that the concentration of the CuSO4 was 0. 5m/dmi. Amount of CuSO4 (mols) = concentration x volume = 0. 5 x 0. 04 (40cmi = 0. 04dmi ) = 0. 02mols Know that I knew the amount of CuSO4 used I was able to work out the amount of powdered zinc needed to give the highest change in temperature using the calculation shown below: Amount of substance needed = mass / molar mass (Mr of Zn = 65) therefore mass = amount x Mr = 0. 02 x 65 = 1. 3g Thus 1. 3g of zinc should give me the highest change in temperature. As I am not using exactly 1. 3g of zinc I predict that either 1. 25g or 1. 5g of zinc will show the highest change in temperature. Practical Obtaining my evidence Apparatus: powdered zinc, copper sulphate solution, beaker, measuring cylinder, pipette, balance, 5 evaporating dishes, thermometer, polystyrene cup and lid, stop clock. Method: I measured out amounts of   of the powdered zinc separately, using the balance to ensure accuracy. I put the amounts into the evaporating dishes. Using the measuring cylinder and a pipette, I then put 40cmi of copper sulphate solution into the polystyrene cup, which I placed into a beaker for stability. I then added an amount of zinc, placed the lid and thermometer onto the cup and took the temperature of the solution. After a minute I took the temperature again. I repeated this process for each amount of zinc powder. I completed my experiment three times to each amount of zinc powder. I did it three times to establish an average change in temperature for the different amounts of zinc used. Results: Experiment 1: Amount of Zinc (grams)3 Conclusion: As I predicted 1. 5g of powdered zinc gave me the highest change in temperature. After this amount the change in temperature slowly began to decrease. Between 0. 5g and 1. 5g the temperature change increased rapidly. Specific Heat Capacity of Zinc The specific heat capacity (s. h. c. ) of a material is the amount of heat needed to change the temperature of 1kg of the material by 1i C or 1K. Different substances take different quantities of heat energy to heat them up. Specific heat capacity = energy released / (mass x temperature rise) As I know this equation I can rearrange it to find the energy released during a reaction. If I also know the amount of a substance used in the reaction I can calculate the specific heat capacity of it. Energy released = temperature rise x specific heat capacity x mass of solution . 76 KJ/mol (exothermic reactions are always negative) From my results I have calculated that the specific heat capacity of zinc is -32. 76. This is inaccurate as from my data book I was able to find that the correct ? H of zinc is -219KJ/mol. This inaccuracy shows that although my results followed the expected trend, they were not accurate. Analysis In my plan I predicted that either 1. 25g or 1. 5g of zinc would show the highest change in temperature. After this mass I predicted that the change in temperature would either decrease or level off. This is what happened. In my average results 1. 5g of zinc gave me the highest change in temperature and after this the increase in temperature decreased because a layer of copper formed on the zinc, thus making it less reactive. If I were to continue with my experiments I would investigate higher amounts of zinc to prove this theory completely. In all of my experiments the copper sulphate lost its blue colouring and the zinc became red in colour. The copper compounds in copper sulphate cause the solution to be blue in colour. As the zinc displaced the copper, the solution lost its colour. As the copper layer formed on the zinc it became red, as copper is a red metal. My graphs show the general trend that I predicted and concluded on yet there were a few anomalies. I believe that these will have been caused by factors such as contamination and heat loss to the surroundings. The thermometer may also have been inaccurate. An exothermic reaction is one which gives out energy to the surroundings, usually in the form of heat and usually shown by a rise in temperature. I have successfully proved that the reaction between powdered zinc and copper sulphate is exothermic as I recognised a rise in temperature in all my experiments. I have also shown that the reaction between zinc and copper sulphate is a redox reaction (see my plan). Evaluation The anomalies in my results prove that there were points during my investigations where my accuracy left a little to be desired. An inaccuracy occurred in my time keeping, as there was often a small difference in when I began timing e. g. when I added the zinc or when I secured the lid on top of the polystyrene cup. Overall even though my experiment was open to some inaccuracies I believe it was accurate enough to support my predictions. To improve my results I would increase the period of timing from 1minute to 5minutes so that the temperature could be allowed to rise more. I would extend my investigations into the reaction between zinc and copper sulphate by using a finer powder of zinc, which would give it a larger surface area, to see if this would cause the temperature to rise more rapidly. I would also like to complete the experiments using better equipment to prevent heat loss to the surroundings, to see if it has an effect on my results and thus, my conclusion. I would have liked to use better equipment in my practical but they were not available. If I had more time I could use different metals and different solutions to further test the displacement rule e. g. the reaction between magnesium and zinc sulphate. Sources: G. C. S. E Chemistry Revision Guide Richard Parsons Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Patterns of Behaviour section.

Music and Murder :: essays research papers

Documentaries serve to draw a response through the use of literary techniques in order to present a particular point of view. Michael Cordell’s Music and Murder subscribes to this principle, the documentary focuses on three men serving prison sentences for taking a life and how music has changed and shaped their outlook on their own lives. Music, structure, verbal language and selection of detail all work on the viewers emotions which serve to draw a positive response towards rehabilitation in prisons. Music and Murder follows Vernon Kronk who killed an infant because it wet the bed, Geoffrey Websdale who shot dead two people and injured one and Daniel Miles who stabbed his girlfriend. All three prisoners are serving sentences in prison for their crimes and all three with the help of the prison teachers have found an interest in music. Music and Murder as a title for this documentary is very peculiar in that it hints that the two themes go together, many would see such a title as a paradox and that if rehabilitation was the only issue Music after Murder would be a more suitable title, however the emotional maturing through music is important in the documentary. Music recorded by the prisoners is played throughout the documentary, this attempts to give the viewer insight into the emotions felt by the musicians. The music is described by one of the prisons music teachers as â€Å"coming from the heart†, because we have not discovered the crimes that the prisoners have committed the music attempts to draw on feelings of sympathy from the viewer for the men. Much of the documentary is left to periods of the men’s music; these periods are an expression of emotion by which the notion of humanity and a second chance is put forward. The structure, the order parts of the documentary are presented determine how prisoners are constructed by the viewer. In Music and Murder Vernon, Geoffrey and Daniel are all constructed in the same way and overall the documentary works to construct the prisoners as people deserving of the viewers trust. In the beginning of the documentary the prison is described and shown as concrete and metal and there are close-ups of the metal bars, locks and razor-wire. This use of montage re-establishes the viewers previous idea of prison as punishment. After this the music is introduced by the respected teachers as not leisure but a constructive way to use their time in prison, having the punishment aspect of prison introduced before the music gives the viewer a positive on the idea as music as rehabilitation and not just as leisure.

Boston Tea Party Essay

Attention Getter: You probably wouldn’t believe me if I told you that a drug that creates the same signaling activity in the brain as cocaine is sold legally on almost every street corner across the nation. This is a fact however, and the drug is caffeine. It is one of the main ingredients in coffee, and is currently the most frequently used recreational drug in the world. Establish Credibility: I personally consider myself a coffee expert, and have been drinking at least one cup of coffee almost every morning for the last three years. Relate to the audience: Now, I know not every one of you drinks coffee but as you can tell by the multiple Dutch Bros, Starbucks, and other coffee shops around town it is a very big part of our culture today. Preview: Throughout the course of this speech, I will discuss three major points relating to coffee. First, I will give some information on the history of coffee and when it first came into human culture, followed by the positive health benefits and some of the negative health risks associated with coffee. [First of all, I’m going to talk a little bit about the historical side of coffee and how it first got popular in our culture. ] Body I. Main Point: To understand why coffee is such a big part of modern day society, we must first understand where it originated. A. Sub-point: Coffee was first cultivated on the Arabian Peninsula in the 15th century. 1. Supporting details: Not only were the Arab’s the first to cultivate coffee, but they also were the first to trade coffee. 2. By the 16th century, the popularity of coffee was already expanding and Persia, Egypt, Syria and Turkey all had discovered about the amazing beverage. B. Sub-point: By the 17th century coffee was still gaining notoriety around the world, however it was still not a household favorite as it as today. 1. Supporting Details: Coffee houses started sprouting up everywhere in the 1700’s, however tea was still the most popular drink around. 2. In 1773 a heavy tax on tea was inflicted by King George, which led to a pretty famous revolt called The Boston Tea Party. 3. Since people couldn’t afford tea after the tax, coffee quickly took over as the most popular morning beverage across the world, and remains the most popular today. [Although coffee has been drank for hundreds of years, the majority of its health benefits have only recently been discovered in the last few decades. ] II. Main Point: The majority of people drink coffee just to get through each day, however it does have many positive benefits to your health. A. Sub-point: Within just the last few years alone there has been research done showing that coffee may protect against type 2 diabetes, liver cancer, and Alzheimer’s disease. 1. Supporting details: According the Centers for Disease Control and Prevention, liver cancer is the ninth leading cause of cancer and coffee has been shown to reduce risk of liver cancer by 40%. 2. Drinking coffee reduces the risk of diabetes as well, which is a common risk factor of liver cancer. B. Sub-point: One of the other medical uses of coffee is in preventing Alzheimer’s disease and dementia. 1. Supporting details: The most common neurodegenerative disease and number 1 cause of dementia is Alzheimer’s. 2. There is no cure for Alzheimer’s, however it has been shown that coffee drinkers have up to a 65% lower risk of getting the disease. [You might be thinking coffee is a miracle drink after some of those statistics, however it also has many negative effects on health as well. ] III. Main Point: There are a great deal of health issues that can result from drinking coffee, with some of the most common being addiction, insomnia and increased blood pressure. A. Sub-point: As a college student, one of the last things you will ever want to experience is insomnia, but it is a regular side effect of coffee. 1. Supporting details: By blocking certain receptors in the brain, coffee prevents chemicals that induce sleep from being used. B. Sub-point: Another widely studied effect of coffee, specifically caffeine, is how addictive it is. 1. Supporting details: Caffeine stimulates the central nervous system and regular use will result in a physical dependence. 2. If a regular coffee drinker doesn’t have their daily cup, they will feel fatigued, irritable, and experience headaches within the first 24 hours. Conclusion 1. Transition Signal: In conclusion, coffee isn’t for everyone but if you do choose to consume it, you at least now know how it affects you. 2. Summary of Main Points: Throughout this speech we looked at how coffee first gained popularity in the human race, some of it’s positive health benefits as well as some of the negatives. 3. Call to Action: Even if you’ve never been a fan of coffee, try drinking a cup before your next study session and see if you still don’t like it. 4. Memorable end: Although it may be addicting and cause serious potential health problems, there must be something special about coffee considering over half of adults in the U. S. drink it daily. References: 1) â€Å"Coffee Acts Just like Cocaine, Says Scientist. † BeverageDaily. com. Beverage Daily, 02 Sept. 2002. Web. 12 Nov. 2014. 2) Goldschein, Eric. â€Å"11 Incredible Facts About The Global Coffee Industry. † Business Insider. Business Insider, Inc, 14 Nov. 2011. Web. 12 Nov. 2014. 3) Gunnars, Kris. â€Å"13 Proven Health Benefits of Coffee† Authority Nutrition. N. p. , n. d. Web. 12 Nov. 2014. 4) â€Å"The History Of Coffee. † – National Coffee Association. NCA, n. d. Web. 12 Nov. 2014. 5) Stromberg, Joseph. â€Å"This Is How Your Brain Becomes Addicted to Caffeine. † Smithsonian. N. p. , 9 Aug. 2013. Web. 11 Nov. 2014. 6) Van Dam, Rob. â€Å"Ask the Expert: Coffee and Health. † The Nutrition Source. Harvard School of Public Health, n. d. Web. 09 Nov. 2014. 7) Weber, Belinda. â€Å"Coffee Consumption Cuts Liver Cancer Risk. † Medical News Today. MediLexicon International, 22 Oct. 2013. Web. 12 Nov. 2014.

Alcoholism and its effects on society Essay

The alcohol is a terrible disease that effects not only your own body and mental health but also it effects everybody who surrounds you. By being an alcoholic you are experiencing all different types of problems. It can be either a problem with a lack of money that will bring you to the friends who are going to get tired of it sooner or later, or alcohol will ruin your healthy relationship with your family and your lovely kids. People who are suffering from this disease are usually not successful in anything they are trying to do. Alcohol is simply ruining your life. Alcohol and financial problems We consider an alcohol as a drug that makes you addicted to it really quick. Person will be thinking that one drink will not do anything to him/her, and that might be right. The next time that person will be thinking that if one drink did absolutely nothing to him/her then what could happen with two drinks. And he/she will be keep on going and going until they will reach that point where they realize that they are a typical alcoholics. It’s just like that story with a frog. â€Å"If you put a frog into the bowl with a temperature lower than her body’s, she will jump out immediately. If you put her into the bowl with exact the same temperature as her body or a little bit wormer then she will stay in there. You can be increasing the temperature but the frog will still stay in there because she is not feeling the difference, and she will be there until she literally cooks alive.† Same thing happens to the alcoholics, they are simply not feeling any difference in the ir body temperature. They will be just drinking until they either pass out or just â€Å"cook alive†. Thru all this times they will be spending a quite a bit of money and since they are drinking and keep on wasting time to go buy drinks, that means they are not working most of these days, simply because they are drunk. That can cause them losing their job. The costs of alcohol increase as the alcoholic person builds tolerance to the drug in his or her system. Let’s assume that a beer cost $5 per six pack. That means they will be spending more than $500 a year. If they would stop drinking and  start saving those money, they would’ve easily go to Cuba every year, but instead they choose alcohol. Alcoholics will just keep on spending money until they will reach that point where they will have neither money, neither a life around them and they will think that it’s time to stop now, but no. They are not going to be able to do it that easily, because they are way too addicted to it now! At that point alcoholics will try to go to the hospital where they can get some treatment. According to the website Drug Rehabs, a week at some live-in treatment centers can cost the patient several thousand dollars, as much as a luxury hotel. Also another way they can lose their money is by causing damage not just to themselves but to others as well. The alcoholic person can easily hit another car, that will not only cause a mechanical damages but also in the worst case it can cause death to the innocent person. All this consequences will tear apart the alcoholic. And that’s where they might collapse and commit a suicide. Alcohol and friends Friends is one of the most important things to have in the life. They are always there to provide support and to help thru the hardest times. Friends are playing a big role in any anybody’s life. When person under the effect of alcohol he/she don’t understand all of importance. They can easily harm their best friend, assault their best friend or even kill without even knowing why they are doing it. Of course friends will try to help, they will do everything possible to get that person out of that situation. And he/she still will be drinking and enjoying the moment, they are not going to stick around for that long. Maybe after that person wakes next morning sober and will try to say sorry to their friends. They are not going to be there anymore, because they give a chance to change but unfortunately it wasn’t as important as a beer. In other way if that person have a non-drinking company then it will be easier for him to influence all of his friends just to join him or at list one, then to go thru all this treatments. The alcoholic might ruin the whole life of that person, their dreams, future, maybe even a family, just by influencing him to have some shoots with you every other day. Also there have been so many situation where drunk friend was driving his other friends and suddenly he lost control and all of them died. Alcohol and relationship problems Alcoholism are likely to cause harm for anyone in a relationship with the sufferer. People who find themselves in a romantic relationship with an alcoholic may end up making excuses for their lack of attendances or improper conduct at social functions. Family problems, such as arguing, bickering, stonewalling, withdrawal, and generally poor communication can be find in any couple/family who have an alcoholic person. Families rely heavily on one another for support. This includes both financial and emotional support, which alcoholism can erode over time. Alcoholic person cannot provide neither a money for food and cloth, neither a roof above their head. Families rely heavily on one another for support. That support can easily be demolished by a stupid intoxicated liquid. When alcoholics where trying to build that relationship to have a better life for theirs children and themselves. Instead of fighting thru that, trying to be better they simply gave up and said no to everything they h ad. Now the only thing they will have is a castle out of empty beer bottles. Alcoholic Parents and Children Having an alcoholic parent is one of the worst things that could happen to the child. Children are likely to experience a number of problems related to the parents when alcoholism is involved. They may experience neglect or physical and mental abuse as a parent loses awareness of their actions due to the effects of alcohol. After all of that children might find problems with their own social development. An alcoholic parent unwilling or unable to support the child’s endeavors. This can range from missed events such as soccer games to birthday parties. Kids who are grow up in a family with one or more alcoholics often have emotional problems. Their homes are filled with conflict, tension and stress. As a result many children’s feel depressed and anxious. They might be even afraid to go to school, wet their beds, cry or have night mares. At the end they simply can isolate themselves or develop fears. Children who are living with alcoholics have a higher chance of becoming an alcoholic themselves and they will likely try their first drink before or during their teenage years. In conclusion I would like to say that all this problems would never happened if there was no alcohol involved. There would never been any children who are becoming  alcoholics at age of 15 just because their parents were doing that as well. There would have never happened any innocent deaths due to impaired driving that involve innocent people. None of this problems would never have been raised if only you just had said NO I’m not drinking. Why make it complicated, your life would’ve been much easier. As Jim Carrey said â€Å"I’m very serious about no alcohol, no drugs. Life is too beautiful.† References List http://www.ehow.com/list_7354573_financial-problems-alcoholics.html#ixzz2nLIDaemf http://www.alcoholic.org/research/do-you-have-to-be-an-alcoholic-to-experience-problems/ The story with a frog is from my head. I red it long time ago in one article. I wrote this in case you will ask for the references and where I got from. Alcohol and children – source: Book – Alcohol by Judy Monroe 1994 http://drgaryseeman.com/resources/arel.php http://www.brainyquote.com/quotes/keywords/alcohol.html#u9Y6JPEWjc6Fzyra.99 http://www.alcoholaddict.info/alcohol-addiction/alcoholism-affects.html