Privacy Concerns Essay -- Technology, DNA Databases

Privacy Concerns Most studies have shown that popular opinion holds that without a doubt national DNA databases have proved useful in criminal investigations (Wallace, 2006, pS27). The concept of a national DNA database has raised concern about privacy and human rights as seen through the scope of public safety. All of these concerns are elevated with databases include convicted, arrestee, innocent, and â€Å"rehabilitated† offenders (Suter, 2010, p339). Robin Williams of University of Duham (2006) asserts that: â€Å"The rapid implementation and continuing expansion of forensic DNA databases around the world has been supported by claims about their effectiveness in criminal investigations and challenged by assertions of the resulting intrusiveness into individual privacy† (p545). To determine the balance between privacy and public safety legislation must address many questions including (but not limited to): when is a sample required to be obtained and by whom, is consent required, is force ever acceptable to obtain a sample, and which samples should be retained? Dr Katina Michael has reported that some instances that constitute acceptable DNA sample collection and storage (Table 4). The United States, England and Wales contain legislation that authorizes the collection of DNA from individuals arrested for violations of certain federal criminal laws and inclusion into the national DNA database of all profiles. Primary concerns focus these legal authorizations address privacy of a person and legal search and seizures of biological samples. For many countries like the United States there is a need to enact special legislation which led to delays in the implementation of DNA databases (Goodwin, et al., 2007, p102). In the United Sta... ...data from law enforcement databases† for those who receive acquittals or whose convictions are overturned; there is no reference to physical DNA samples (Lwin, 2010, p21). Historically, legislative proposals purpose indefinite retention of evidentiary DNA samples, however the US, unlike England and Wales, does not refer to retention periods for genetic information post sentence completion. Individuals may find concern for personal genetic identifiers if the physical sample is retained post sentence completion, acquittal or if found innocent (Congressional Research Service, 2010, pp13-14; Beiber, 2002, p14). Studies assert the method of sample collection, accreditation of agencies collecting samples, legislative limits on retention periods for biometric information and a focus on balancing privacy and crime deterrence will structure a successful DNA database model.

Blaine Kitchenware Inc. Essay

To review Blaine Kitchenware Inc.’s (BKI) current debt, equity and leverage levels with respect to the highly advisable repurchase of 14 million shares of stock at $18.50 per share and the related, necessary financing. BKI is currently highly over-liquid and under-levered. The firm can anticipate elevated tax rates due to the lack of debt held. BKI has also experienced falling earnings per share (EPS) due to the over issuing of stock. Similarly the large quantity of outstanding shares of stock has led to below average returns to shareholders and a return on equity (ROE) below the competitors’ ROEs. BKI can offset these downward trends by increasing leverage—i.e. increasing debt—and reversing the dilutive acquisitions. BKI is highly recommended to obtain a 25 year loan of $50 million at 6.75% with which to repurchase 14 million of its outstanding shares of stock at the price of $18.50 per share, $2.25 above current stock price. Balance Sheet Impact As shown below, under the appendix, the pro forma balance sheet demonstrates forecasted values if BKI continues without action to increase leverage and decrease outstanding stock. BKI can expect to have $ 510,624,920.99 in stockholders’ equity and $ 96,011,793.33 in cash and cash equivalents on which BKI will be liable at a 40% tax rate, significantly higher than previous fiscal years. Based on trends from 2004-2006, BKI can predict increases in current asset accounts and marginal decreases in fixed asset accounts. Without the pursuit of repurchase and increased debt, BKI’s current liabilities accounts will also experience marginal increases while other liabilities and deferred taxes decrease and long term debt remains at zero. Furthermore, before the repurchase of stock, BKI’s equity accounts may continue to increase. Applying the repurchase strategy to calculated three year trends, BKI’s forecasted balance sheet accounts have significantly lower cash and cash equivalent account, increased market securities, accounts receivables, inventory, and other current assets accounts. Fixed assets are expected to decrease based on three year trends while current liabilities increase. The repurchase will require financing which will be attained through a 25 year fixed rate loan of 50 million. At the end of the first year term, BKI will have long term debt of 50 million minus first year principal component of $819,345.59 equaling $ 49,180,654.41. Other liabilities and deferred taxes however, may decrease marginally. In addition, with the repurchase of 14 million shares, stockholders’ equity is expected to decrease to $ 251,624,920.99 from $488,363,000.00 in 2006. Income Statement Impact Three year trends suggest BKI will have increased revenue, increased cost of goods sold, thus elevated gross profits, rising selling, general, and administrative costs, and decreased depreciation and amortization expenses. Overall, trends indicate earnings before interest and taxes may be higher than 2006 EBIT. Without the stock repurchase strategy, BKI may experience tax expense of $ 34,922,882.71 as opposed to tax expense amounting to $ 29,355,346.62 (calculated using 2007 federal income tax brackets as shown under appendix below) if BKI undergoes the stock repurchase strategy. Without undergoing the stock repurchase plan, BKI will have no interest expense and net income of $ 52,384,324.06. BKI will have dividend expense of $29,230,740.00. By undergoing the stock repurchase, BKI will earn net income of $54,576,860.15 which takes into account the interest expense of $3,375,000.00 associated with the loan to finance the stock repurchase. Impact on financial ratios Operating performance impact ROE: BKI’s return on equity ratio currently below average and below competitors’ will continue to drop based on the firm’s performance trends in the last three years to a 10% level. The anticipated ROE with the stock repurchase plan is 22%, third highest ROE, and while not quite above the industry average, sufficiently above the industry median. EPS: Earnings per share is expected to increase to $1.21 with the stock repurchase plan while if the plan is forgone, BKI can anticipate earning a mere $0.89 per share outstanding. An EPS of $0.89 is lower than the firm’s historical EPS and unappealing to future investors. Leverage: Leverage will increase overall after the stock repurchase and withdrawal of the $50 million bank loan. As shown below, debt ratio increases with the addition of the long term debt which drives up total liabilities with respect to total assets. Long term debt to total capitalization increases as well as debt to equity since BKI will have a long term debt significantly higher than its stockholders’ equity suggesting long term debt is used for permanent financing. Interest Coverage: After the stock repurchase, BKI can cover its interest expense over 20 times with the operating profit earned based on the times interest earned ratio. Expected Cost of Financial Distress BKI may have concerns with financial distress and guaranteeing that all operational costs are covered when leverage is increased. The cost of financial distress for BKI is determined by subtracting the BKI’s weighted cost of debt, 5.22% from the the rate of interest paid by firms that are not in financial distress in the same industry, based on Moody’s AAA rating is 5.88%. This results in a 0.66% cost of financial distress or $100,452,019.96 after the stock repurchase and $ 67,992,788.05 before the stock repurchase.

Fictitious Company Business Plan - 2501 Words

Pan Pacific Marketing Consultants Business Plan Contents Executive Summary Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â… 3 Objectives Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….. 3 Mission Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….3 Critical Success Factors Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 4 Internal Factors Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 4 External (Business Environment) Factors Â…Â…Â…Â….Â…Â…Â…Â…Â….. 4 Company Summary Â…Â…Â…Â…Â…Â…...Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 5 Services Â…...Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 5 Competitive Comparison Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…. 5 Sales Literature Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 6 Sourcing Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..Â…Â…Â…Â…. 6 Market Analysis Summary Â…Â….Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â… 6 Market Segmentation Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 6 Target Market Segmentation StrategyÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…. 6 Competition and Buying Patterns Â…Â…Â…Â…Â…Â…Â…Â…Â….Â…Â…Â…Â… 7 Strategy and†¦show more content†¦Being a market intelligence services provider, business and market development consulting services provider, and business and sales representative, Pan Pacific Marketing Consultants demonstrates a successful approach in converting its reputation into an excellent brand to ensure the conversion of its clients knowledge into their intellectual property, thus creating value for its clients. 2. Excellence in fulfilling the promise. Clients do not buy features, they buy benefits. To realize a benefit, a claim must be made and proof presented. This company has had success on claim after claim. 3. Developing visibility to generate new business leads. Participation by the company in online business affiliations with reputable global players of e-business technology is a necessity. Two of these players are Palo Alto Software and B2BToday.com. Strategic relationships must also be made with companies, government institutions, regional (provincial) government offices, and NGOs, as well as with individual customers. 4. High-quality service and customer satisfaction. Everything the company sells is guaranteed; therefore, the services have to do what the customers want, and do it well. Long-term customer satisfaction is critical to the survival of the company. 5. Create multiple opportunities from a single line of expertise. Pan Pacific Marketing Consultants is able to leverage from a single pool ofShow MoreRelatedFlash Technologies, Inc.: Risk Analysis and Resolution of Client Issues919 Words   |  4 PagesMemo: General Business and Industry Risks: As illustrated in the table below, provide an analysis of business objectives and strategies and how they map to business risk, audit risk, related accounts, and their potential effect on the audit plan. For the two business objectives illustrated below, identify one or two additional risks associated with each objective and complete the remaining columns for all risks (note that the template has been partially completed). Business Objective and StrategyRead MoreMarketing Strategy For An Undergraduate Marketing Course1268 Words   |  6 Pagesproduct. Although there are several complex ideas associated with marketing it is important to understand them in order to ensure your business is successful. 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Jingle A Fiction arrative Essay - 2623 Words

â€Å"Oil exploration and increased sea traffic are encroaching on polar bear habitat, throughout the Arctic. With the increase economic activ—choo! Cut!† As soon as that word left the young reporter, Alrick Spencer mouth the news crew began to move. They all were moving the cameras and the rest of the equipments into the van as they were calling it a day. Alrick can see the tiredness in their eyes and the annoyances after retaking the same shot over and over again. It wasn’t his fault that his boss decided that his first job would be at the middle of no where in the Arctic. How was he supposed to make a great impression on TV with snot running down his nose? He was currently with his crew doing a story on the environmental changes that are†¦show more content†¦Ã¢â‚¬Å"Sigh†¦ I’ll wait here. I’m sure they’ll look for me,† he said as he pulled his cap down to his eyebrows and wrapped his scarf tighter around his mouth and nose to protect him from the biting wind that was picking up. He sat down on the ground as he pulled his knees up to his chest to keep somewhat warm. Jingle. Alrick looked up after hearing a bell like sound. He looked around and didn’t see anything. He noticed that the wind was picking up and he assumed that it was just that, the wind. Jingle Jingle There it was again and he knew it wasn’t just the wind. He got up and looked around noticing the wind was picking up faster. He squint his eyes to see through the snow and wind that was blowing all around. Jingle Jingle Jingle â€Å"Hello! is anyone there?,† he called out as he walked towards the bell sounds. Alrick shut his eyes causing ice to encrust his lashes, and causing darkness in his vision. Distantly though, he heard a crunching. Were they footsteps? He wasnt sure how long hed been stumbling through the snowstorm when he heard the bell sounds and foot steps. In the back of his head he knows that he should have stayed where he was but in his heart he knew that it’ll bother him not finding out where the sound was coming from. Like a fool he was running towards an unknown direction hoping something was there. Jingle Jingle Jingle Jingle Jingle Jingle He forced himself to increase his speed but he stumbled and fell onto the ice

The Music That Changed The World - 1797 Words

Beethoven Edgar Gallegos South Piedmont Community College There are have been many composers are there will be new composers that will come in time and they will have their different ideas. They come from many places and many different time periods. And they all have their different styles like we do know.Today’s music is very strange as it has different styles rhythms and totally different instruments. For example the techno music that is being played today. There are no instruments being used just computers manipulating sounds, tones, pitches and many different things that make it sound different like the music that Skrillex makes. But one composer that has astonished the world for a long time for many different†¦show more content†¦First father would is another story. His father was a court singer and an alcoholic which he was most known for. The start of his musical career can be said that his father started. At a young age his father was the one who wanted him to become a musician. At 6 years old his father staged a open recital for people to see him. He wanted them to see that he was going to be a musical prodigy which he later did become. â€Å"At the age of ten Christian Gottlob Neefe, the newly appointed Court Organist. And at the age of 12 Christian Gottlob Neefe introduced Beethoven to Bach. Another thing is that at the age of 12 Beethoven published his first composition called Dressler. Beethoven’s father s voice was worsening and his alcoholism was getting worse and he could not keep supporting his family and Ludwin had to step up and provide for his family. He would ask for a permanent position for a courtship. A courtship is being hired by a king, queen, or a duke and playing or composing music for them. This could be a bad thing or a good thing. The good part of it was that they had and gave everythin g you. They would pay you, give you food for your family, and they had places for them to live. The bad part of being in a courtship was that the music that you created was intended for the person that â€Å" hired† them. They would create the music that they taught would be of the liking of the people that hired them. But as it has

Missing Scene Essay Example For Students

Missing Scene Essay The scene is set in the interior of a bar at the Flamingo Hotel in Laurel. The bar has a mysterious quality to it and is very hazy with smoke. Its crowded with drunken men, many are crowded around the centre table drinking excessively together and occasionally shouting loud bawdy jokes to one another. There are four round wooden tables surrounding the centre one in front of the bar which has six tall stools standing at it. They are dark mahogany and upholstered with tattered and frayed red velvet. To the right there are two pool tables and a set of saloon doors leading to a hallway of guest rooms. The walls of the bar are painted light blue; however the paint has peeled at various places and appears to be fading. Three dwindling chandeliers are hanging from the ceiling exuding a gentle yellow glow that lends to the room an almost spectral quality mixed with the cigarette smoke. A small familiar band of Negro entertainers sing an upbeat but gentle rendition of the Count Basies Bolero at the Savoy. Blanche Dubois enters through the main door on the far left of the bar. She is wearing a luxurious hand-woven red silk dress lined with sable which compliments her figure and sits eloquently against the curves of her body. A gold diamond and ruby necklace with a double-link rope chain rests delicately on her neck. The ruby appears to pulse and there is an element of simplicity about her appearance which lends itself nicely to her radiance. Her face is made up with a combination of mascara, lipstick and foundation. She is carrying a small red snake skin purse with a starburst design on each side and a shiny gold trim. The men crowded around the centre table lower their voices and gaze at her as she crosses the bar to sit at one of the stools. For almost a second it seems like the entire bar comes to a standstill and time as an entity ceases to exist. As she sits they return to their prior state of drunken stupor and continue talking noisily. A few moments after Blanche enters and orders a drink, Laura enters through the same door. She wears a plain pale mint lace dress made from silk with cream sheer lace panelling. It has a slash neckline and sheer cropped sleeves. Its fitted neatly to her slender figure, emphasising the curvature of her bosom. A small silver necklace is placed around her thin neck. There is something unworldly about how delicate yet elegant she is. None of the men at the table take notice of her and she is thankful for the orange-red glow of the chandeliers which covers her flushed red cheeks. She wears no makeup and carries a small, unpretentious white leather quilted shoulder bag which has a gold tone chain and gold stud fastenings surrounding the designer push lock. Blanche is seemingly unaware of Lauras entrance and lights a cigarette as Laura approaches her. Laura gently touches Blanche on the shoulder. BLANCHE (to LAURA): Goodness Laura, I never saw you come in. Its been three months since weve last seen each other! Well with all that a few weeks ago, Im not surprised it has taken this long. LAURA: Blanche, why you look beautiful tonight. Its been too long; I didnt think I would have gotten out of that place without you. We were lucky BLANCHE: So how are you, dear? Did you get the message I left you? LAURA: Im okay and yes, I wasnt sure if you would be here already though. Ive been worrying you know. Blanche signals the bar tender. He is a young man with handsome features; high cheek bones, a strong jaw and deep-set blue eyes. There is a faint touch of stubble on his chin and his hair is strikingly black. Its swept back from his face and has sharp sides which show up quite starkly through his dark hair. Hes wearing a white shirt with a black waistcoat and bow tie. He polishes the glass he holds and then tends to Blanche. .u35b268459753c901624cdb9b6c7d6466 , .u35b268459753c901624cdb9b6c7d6466 .postImageUrl , .u35b268459753c901624cdb9b6c7d6466 .centered-text-area { min-height: 80px; position: relative; } .u35b268459753c901624cdb9b6c7d6466 , .u35b268459753c901624cdb9b6c7d6466:hover , .u35b268459753c901624cdb9b6c7d6466:visited , .u35b268459753c901624cdb9b6c7d6466:active { border:0!important; } .u35b268459753c901624cdb9b6c7d6466 .clearfix:after { content: ""; display: table; clear: both; } .u35b268459753c901624cdb9b6c7d6466 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u35b268459753c901624cdb9b6c7d6466:active , .u35b268459753c901624cdb9b6c7d6466:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u35b268459753c901624cdb9b6c7d6466 .centered-text-area { width: 100%; position: relative ; } .u35b268459753c901624cdb9b6c7d6466 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u35b268459753c901624cdb9b6c7d6466 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u35b268459753c901624cdb9b6c7d6466 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u35b268459753c901624cdb9b6c7d6466:hover .ctaButton { background-color: #34495E!important; } .u35b268459753c901624cdb9b6c7d6466 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u35b268459753c901624cdb9b6c7d6466 .u35b268459753c901624cdb9b6c7d6466-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u35b268459753c901624cdb9b6c7d6466:after { content: ""; display: block; clear: both; } READ: Holocaust (1353 words) EssayBAR TENDER: Good evening maam, can I get you a drink? BLANCHE: May I have a crà ¯Ã‚ ¿Ã‚ ½me de Violette, sir. LAURA: That sounds exotic! BAR TENDER: Would you like one too, mlady? LAURA: I suppose it wouldnt hurt to try it. Can you make me one as well? BAR TENDER: (With exaggerated courtesy) Certainly, it would be my pleasure. I shall be right back with your drinks shortly. LAURA: (turning to Blanche) The man and woman living in the room above me are terribly noisy, Blanche. It sounds like a war going on up there! They are constantly moving furniture around and decorating. There hasnt been any silence the whole time Ive been there. The people are so noisy; its a lot noisier than my mothers house. I miss her. She was always pressuring me to go find a man and settle down, but I was too shy. Now Im living here on my own. Tom must be worried sick. BLANCHE: Tom? Yes I remember you showed me a photo. Hes your brother isnt he? BAR TENDER places their drinks in front of them. LAURA (frowning): Yes, its so strange not being around my family, I feel like I have grown up too fast. You see, I used to have a little set of glass animals I would play with, a bit of a menagerie. It all seems so long ago. My childhood died along with my mother and it was so fast. BLANCHE (reminiscing): I was married once Allen Sometimes I wish he was still here now; maybe I wouldnt be so lonely. Being single is hard for us, though Ill never admit it, but it has its perks, for instance She sees a man approaching her and finished her drink in one go. LAURA laughs to herself. BLANCHE sits up straight and waits for the man. The man smiles and takes her hand. BLANCHE (smiling): Im going to dance with this gentleman over by the piano, Laura. Will you be okay to sit here for a minute? LAURA (awkwardly): okay BLANCHE walks off into the smoky haze of the dim lit room with the man and starts to dance at the back of the room by the piano. She becomes nothing but a mere shadow amidst the ominous fog from burning cigarettes. LAURA turns and faces the bar and orders another drink. She begins to look around and reluctantly makes eye contact with a young man. As he approaches, taking a draw on his cigarette, she turns around quickly out of embarrassment. The man is dressed very casually. He has a beige pair of trousers on, a pair of boots and quite a tight t-shirt. He looks like a mans man, muscular with his box of cigarettes tucked into his sleeve at the top of his arm. He is twenty nine and in his prime. He is the epitome of masculinity. STANLEY (smiling with confidence): Evening miss, its nice to meet you, Im Stanley. LAURA (blushing): Evening Stanley, Im Laura. how do you do? STANLEY: Yeah Im good, thank you. And you miss? I dont believe weve met before, have we? LAURA: Why I dont think so. Are you having a nice evening Stanley? STANLEY: I sure am. Ive been out with the men from work tonight. We like to come up here every now and then. I live in New Orleans, its a bit of a ride up here. One of my acquaintances lives near here and I stay at his place while Im visiting. You with anyone tonight? A girl like you shouldnt be alone at the bar, you should be dancing with a gentleman like myself (smiling seedily). Believe me lady, Im not the type of guy to hand out compliments to a woman frequently. LAURA (going red now): Im afraid not, Ive never had much luck with gentlemen callers you see, Im not very good at talking to men. Would you like to dance with me Stanley? .u38b62eceacc760bbae8c7e16e6a6d47a , .u38b62eceacc760bbae8c7e16e6a6d47a .postImageUrl , .u38b62eceacc760bbae8c7e16e6a6d47a .centered-text-area { min-height: 80px; position: relative; } .u38b62eceacc760bbae8c7e16e6a6d47a , .u38b62eceacc760bbae8c7e16e6a6d47a:hover , .u38b62eceacc760bbae8c7e16e6a6d47a:visited , .u38b62eceacc760bbae8c7e16e6a6d47a:active { border:0!important; } .u38b62eceacc760bbae8c7e16e6a6d47a .clearfix:after { content: ""; display: table; clear: both; } .u38b62eceacc760bbae8c7e16e6a6d47a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u38b62eceacc760bbae8c7e16e6a6d47a:active , .u38b62eceacc760bbae8c7e16e6a6d47a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u38b62eceacc760bbae8c7e16e6a6d47a .centered-text-area { width: 100%; position: relative ; } .u38b62eceacc760bbae8c7e16e6a6d47a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u38b62eceacc760bbae8c7e16e6a6d47a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u38b62eceacc760bbae8c7e16e6a6d47a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u38b62eceacc760bbae8c7e16e6a6d47a:hover .ctaButton { background-color: #34495E!important; } .u38b62eceacc760bbae8c7e16e6a6d47a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u38b62eceacc760bbae8c7e16e6a6d47a .u38b62eceacc760bbae8c7e16e6a6d47a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u38b62eceacc760bbae8c7e16e6a6d47a:after { content: ""; display: block; clear: both; } READ: Is Jay Gatsby Tragic? EssayLAURA moves through a yellow streak of light and radiates a sense of innocence yet there is an underlying sensuality about her. Stanley appears to become instantly infatuated as a moth would be with a street light. STANLEY (with a smouldering aura): Sure thing miss. As they move across the room together, STANLEY notices BLANCHE. He has been drinking fairly heavily since he arrived at the bar. He slams his glass down on a nearby table as he walks past and leaves LAURA to confront BLANCHE. STANLEY (suprised and angry): Well I cant believe what Im seeing. If it isnt Miss Blanche DuBois! I thought Id gotten rid of you! What are you doing here? I thought you had never heard of this place? BLANCHE (improvising feverishly): How do you know my name? STANLEY: What are you talking about, I know its you! Suddenly an unshakable fear comes over BLANCHE and a dead silence falls over the room as STANLEY raises his voice. A mood of hysterical panic fills her as she realises the situation she is in. A murmmering of a group of spectral men is hushed. BLANCHE step back and begins to sob uncontrollably. BLANCHE (her voice trembling): Get away from me Stanley. I havent hurt anyone, just leave me alone. The air begins to fill with ominous and inhuman voices like calls in a jungle. The shadows and pallid reflections move deviously as serpants along the sand. STANLEYS mouth slowly curving into a grin as he watches BLANCHE delve into an unforgiving and bleak void of insanity. The barely audible Blue Piano begins to play louder turning into a roar of a herd of charging cattle. BLANCHE passes out and the Blue Piano goes softly as the stage descends into darkness.

Wealth Gap free essay sample

Gap There are the rich and poor in every period in human history and everywhere in the world. Has the disparity between the rich and poor existed since ancient time? How does the disparity between the rich and poor come out? Has the disparity between the rich and poor became more narrow or wider? Although some people think that the gap between the rich and poor is more narrow because of the development of human society, the fact is that the disparity between the rich and poor is gaining because of the change of the structure of workforce, Matthew Effect in economy, unscientific social welfare system, unreasonable tax policy and knowledge explosion. Many people think that the rich-poor gap is more narrow today because of the development of human society. In their opinions, human civilization made great processes with the pass of time. People have paid more attention on equality and human rights and have taken measures such as establishing income tax policy and social welfare which are protected by law to create a fair society. We will write a custom essay sample on Wealth Gap or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page But the fact is not as same as their wishes. As Roger Bootle, a chief economic adviser to professional services firm Deloitte and Touche, says that the gap between the richest and poorest could become worse (Roger Bootle). The first reason for the increasing disparity between the rich and poor is the change of the structure of workforce. As people can see, today is a technological time. The knowledgeable or skilled people can find high paying jobs, on the contrary, the uneducated people have to do simple job and get low pay. In fact, this fact is only an apparent phenomenon caused by the change of the structure of workforce. Today, technology improves the efficiency of production a lot. Many jobs which used to be very simple and need many workers become more complicated and need only a few workers now because the content of technology in the jobs has increased. So these jobs require staffs to have much more knowledge than before so that they can equal to these jobs. The process of simple jobs becoming complicated jobs is called the change of structure of workforce. In other words, the number of complicated jobs has increased and the number of simple jobs has been reduced because of the improvement of technology. In The Reason The Rich-Poor Gap is Widening, Ross Gittins reports a fact that the number of people in professional occupations grew by 27 percent, the number of associate professionals grew by 26 percent and he number of managers grew by 12 percent in Australia (Ross Gittins). The phenomenon that the number of complicated jobs has increased is really existent and it is also happened in other countries too. Because the competition of simple jobs is keen, many uneducated people are unemployed. The uneducated people get a little pay or even no pay and become the poor naturally. Take the case of China, Dexter Roberts points out a fact that the closures of many Chinese manufacturer are mainly hitting lower-value, labor-intensive exporters that pollute heavily and use energy inefficiently(78). It means the number of simple jobs for uneducated people is reduced in China. So many worker in these factories will lose their jobs and it will become more and more difficult for them to find new simple jobs. Many rural migrant workers have lost their jobs and go back to their hometown in China. So the change of structure of workforce result in many uneducated people lose the chance to get pay and widen the rich-poor gap at the same time. The Matthew Effect in economy is increasing the degree of the disparity between the poor and rich while the change of the structure of workforce is increasing the number of the poor. The term Matthew Effect comes from a story of parable. As Marie Rippel says in The Matthew Effect and Teaching Reading, the idea behind the parable become a maxim which is the rich get richer and the poor get poorer. (Marie Rippel). Specifically, Matthew Effect in economy means the rich can get richer because of their fortunes and the poor will be poorer because of their destitution. The Matthew Effect can widen the gap by affecting the next generation. If a child’s parents are poor people, they can not afford a good education, good food or good medical care condition for their child. Their child still can not do complicated jobs and get high pay in the future because the child have no chance to receive a education to grasp necessary knowledge or skills. The possibility of their child falling ill is also much higher than the children in rich family because of the child’s poor growing condition. So the child may not change the situation of the poor family and may be a poor person like his or her parents. The phenomenon keep going, poverty will be passed down from one generation to another generation. So the family will never get out of poverty and only have to be poorer. The Matthew Effect also can widen the gap by disturbing the poor to earn money with their assets. The rich can use their disposable money to do somethings which can bring them more benefits, such as banking, investment. It means the rich can earn more money by managing money. The more assets the rich have, the easier for them to make money. The poor have a little or even no disposable money, the only function of their money is offering the daily cost of their families. So they have no chance to earn money from their asset and it also will be harder for them to earn money. Matthew Effect in economy is consisted of some aspects like these, it really can widden the disparity between the rich and poor. The third reason for the increasing disparity between rich and poor is the unsound social welfare. What is welfare? As Bent Greve point out in What is Welfare, the word welfare comes from wel fare, it is from well in its still familiar sense and fare, primarily understood as a journey or arrival but later also as a supply of food (Williams 1976, 281), and has historically been related to happiness and prosperity, where as its current understanding first emerged in the 20th century(51). Modern social welfare mainly means government redistribute the whole social fortune in order to help the vulnerable groups by establishing revelant law. So the goal of social welfare is obviously to help the vulnerable groups which includes the poor. As the opinion in Goal of Social Welfare, the goal of social welfare is to fulfill the social, health, and recreational requirements of all individuals in a society (Goal). The social welfare can narrow the rich- poor gap by redistributing the social fortune, on the contrary,the unsound social welfare will not work and even widen the rich-poor gap. A character of unsound social welfare is that it can not redistribute social fortune effectively. For example, if the strength of a unsound welfare system is not enough, it will not really redistribute whole social fortune. The poor still can not get enough help from the society. Another character of a unsound social welfare system is that it can not really change the poor’ s situations with the limited money. Some countries are developing countries, the money spend on social welfare is not enough because of these countries’ underdeveloped economies. The benefits the poor get from government through social welfare is so little that it can not really make a difference in their lives and change their bad situation a lot. A reasonable social welfare system should use the rich’ s money to help the poor. It should increase the level of helping the poor so that the benefits can really provide a chance to the poor to let them change their lives. A reasonable social welfare also should help the poor more than just giving the poor a little money. If government can not afford a sound socual welfare, the welfare should spend on some measures that can really change the poor’ s situations such as offering a chance of receiving a good education to children from poor families or providing a chance of receiving a training to the poor so that the poor can get jobs and change them bad situations rather than just giving them a little money as benefits to make them can sustain lives. An effective social welfare can have a positive effect on narrowing the rich-poor gap. The unreasonable tax policy also play a important role in the problem that the rich-poor gap is wider. As social welfare systems, one of the basic functions of tax policy is to redistribute the whole social fortune, it is the source of funds of social welfare. As Janet Novack saya in Tax Shelters 2. 0, bad tax ideas which like viruses tend to mutate and claim new victims (126). A bad tax policy will widen the rich-poor gap rather than just do not work. The income tax is one of the most important tools for governments to narrow the rich-poor gap. But many countries’ tax policies are not perfect, some of them even are very unreasonable. The common characteristic of unreasonable income tax policies is that the tax policy is no use adjusting the balance between the rich and the poor. Some tax policy do not fit the change of the development of society and economy. Some tax policy will not work effectively because they have no basis in fact when government make it. Because of the development of economy, many countries’ bill will become more and more depreciatory. So the starting line of income tax should be raised in time. Only in this way can the income tax really use the rich’ s money to help the poor. As Lindy Paull, a managing partner of Pricewaterhouse Coopers and former chief of staff for Congress’ Joint Committee on Taxation, says in Read My Lips, taxes are going to go up one way or another and the new tax policy will get hit will be higher –income people first (102). So if a income tex policy can not be revised in time, it will become a unreasonable tax policy. Take the case of a Chinese tax policy which is obeied four years ago, the income tax collection starting line is 800 yuan at that time. It means if people’ s wage is higher than 800 yuan, they should pay tax for the extra part of their wages. In New Tax Law Needed to Narrow Income Gap, China Daily point that, the threshold of the old tax has not been raised since the personal income law was adopted in 1980. At that time, a monthly salary of 800 yuan was beyond the imagination of most Chinese people who lived on a monthly income of just tens of yuan (In New Tax). But most Chinese’ salary is higher than 800 yuan some years later. The old tax policy do not change until 2005. It means many people whose wage is not high have paid the income tax for many years and the rich have paid much more little tax than they should pay. The old tax policy is a unreasonable tax policy before 2005. The tax policy which have no basis in fact such as the tax policy with a wrong taxation target also can widen the rich-poor gap by many ways. The result of these wrong tax policies is as same as the tax policies which are out of date. They all fail to take enough money from the rich and still take money away from the poor. These kinds of unreasonable tax policy all can not work and help the rich-poor gap become wider and wider in some way. The most essential and important reason for the increasing gap between rich and poor is knowledge explosion. Human knowledge become more and more with the development of huiman civilization. As a Daniel says in Knowledge Increased, according to research studies, the summation of human knowledge is now doubling every eight years now. 80 percent of all the scientists who have ever lived are still alive today. They add 2000 pages to mans scientific knowledge every minute and the scientific material they produce every 24 hours would take one person 5 years to read. There are almost half-million new books being published every year (Daniel). The fact that the amazing increase of knowledge is called explosion of knowledge. The new knowledge change people’s lives enormously and become more and more important to production. Knowledge can impove the efficiency of production so that the factories in every kinds of industries all can produce more value in a short time than before. Many work which is used to be done by worker can be done by machines. Controlling these machines only need a few workers who possesses knowledge and skill. The important change in factories causes the change of the structure of workforce and a fact that many uneducated people can not get jobs. The knowledgeable or skilled people can produce more value in a short time, so they get high pay. The uneducated people or the people do not have enough knowledge to produce much more little value or even have no chance to produce value, so they get low pay or even no pay. So the knowledge explosion make a important difference between people, it make the rich-poor gap wider. All in all, the Matthew Effect in economy, unscientific social welfare system, unreasonable tax policy, the change of the structure of workforce and the explosion of knowledge all make contributions to the fact that the rich-poor gap is much wider today. It is very harmful to the stability and development of human society. As the founders of America writes in The Declaration of Independence, â€Å"we hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. † But the larger rich-poor gap has kept people from pursuiting happy lives fairly. So we should pay enough attention on the social phenomenon and try our best to take measures to reduce the disparity between rich and poor so that we can live in a peaceful, fair and compatible world.