The Savings and Loan Crisis Savings and loans were created after the great depression as a government regulated way for people to have home mortgage loans. The creation of these savings and loans resulted from thousands of homes being foreclosed after the great depression. The idea of savings and loans were simple; first the government allowed savings and loans to pay slightly higher interest rates on deposits to attract investors. The government also offered insurance for these investments
Premium Subprime mortgage crisis Debt Mortgage
the past years in favor of S.T.E.M. majors (Science‚ Technology‚ Engineering‚ and Mathematics). Even our government has reduced the funding for the humanitarian majors by 28.5 million dollars from 2010 to 2013. In the article “The Economic Case for Saving the Humanities” Christina Paxon makes an excellent argument in favor of supporting the Humanities studies. I have not given enough thought in the past but after reading this article I agree with her argument. She has made me realize how imperative
Premium Education Learning Higher education
Plastic water bottles are everywhere‚ from classrooms to malls. As a matter of fact‚ in the US alone‚ 1500 water bottles are consumed every second. Bottled water produces 1.5 million tons of plastic waste per year. This type of garbage is flooding landfills‚ causing death amongst many birds and fish. Not only does bottled water harm wildlife‚ but as you will find out it may be also harming humans. Bottled water is also part of other problems such as how costly it can be over time. Bottled water isn’t
Premium Bottle Bottled water Recyclable materials
Daylight-saving time (DST) has been a controversial issue ever since it has first been observed. I believe DST is a useful and effective idea‚ and I would recommend continued use of it. In fact‚ I believe it should be observed year-round‚ which means America’s standard time would be moved back one hour. Many people make arguments that DST saves energy‚ and there are studies to support it. (Sources B & C) But an equal amount of people make the argument that it doesn’t save energy at all‚ and
Premium Daylight saving time Time zone
Benefit of Saving for Retirement I. Do you every wonder about your financial status after you retire? You should save for retirement and do not depend on Social Security. Social Security benefits may not be around in the 20-30 years. Looking at our economic crisis today we may not have the fund to support our Social Security benefit users when they need it. By saving yourself for retirement you are giving yourself a piece of mind so you are able to live comfortably. Who is to say if there
Premium Pension Retirement
Strategic Practice Exercise From an ethical standpoint‚ I would suggest Zombie Savings and Loans stay in business. Keeping the doors open would allow them to accrue new customers to help with the issue of high interest rates putting them at a loss. Not only could they seek new customers‚ but they could also seek more stakeholder shares. Doing so would bring more capital to the bank to help make up for the loss it is currently seeing. They could also consider selling stocks and bonds to
Premium Decision theory Strategic management Stock
Technology has changed the world is so many positive ways. We can pick up the phone and call anywhere‚ anytime. We can travel on land‚ in the air‚ and even into space. We can identify someone using a simple drop of blood using DNA. How can something with such positive effects also have such profound negative ones? According to the textbook‚ Society and Technological Change‚ the most obvious and longest lasting consequence of technological advance is the alteration and destruction of the natural environment
Premium Fossil fuel Global warming Alternative energy
Tom is invited by his sister to reconsider his relationship with Summer‚ suggesting that he is only remembering the good. What follows is a flashback to moments in their relationship‚ some in which have been previously shown‚ but notably‚ there is a further development of these scenes. These past scenes have been compiled in the style of a montage and allow us to have a fuller perspective on the relationship as it takes a more realist approach where we are shown both the highs and the lows on the
Premium Light Color English-language films
is essential for a protected and prosperous eventual fate of the nation. Educated individuals work as indicated by their ability and circumstance. They construct a positive picture of their nation over the world. Education is at the highest priority on the rundown of must have things of the world. It is important for all the countries. Each country is mindful of the essentialness of education for their survival on earth. Education has been never as simple as it is in present days. Individuals had
Premium Teacher Teacher Higher education in Canada
of purified water again. Due to the people of the United States drinking billions of gallons of water daily‚ the amount of purified water we drink is starting to run out which is causing a problem already. Psychological studies have shown humans still don’t accept water being reused even after knowing the water is purified and perfectly clean. Advocates are still against ultraviolet machines being used to clean and purify water. While some people believe that drinking recycled water is both repulsive
Premium Water Water quality Water supply