Tuesday, August 14, 2012

Desirees Baby

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Desiree’s Baby

Kate Chopin

I thought that this story was sad and very interesting. It showed us how innocent people suffer because of the racial barriers. Desiree was married to a black man and didn’t know it until they had their baby. Even at the end of the story the author doesn’t tell us that she’d found out about his color. Armand, her husband, accused her of being black and made her leave with the baby. But he was mistaken. Armand’s mother was black and his parents kept it a secret from him. The story has a lot of irony in it. The entire time I thought that Desiree was responsible for the child’s color, until the last paragraph! He sent her away and then found out that he was black. I think he regretted his actions afterwards and wanted her to come back. Armand was willing to give up his love only because he thought she was black. It’s a great story and it made me realized that this actually happens to many people. I didn’t like that Armand acted so cruelly towards his wife, and made her suffer. Even if she would have been black, I didn’t think he should have acted the way he did.

After the class discussion, I understood the story more. More than that, I realized that the discrimination is still among us, even after about 50 years. Not as much as it used to be and maybe by far less, but the unfairness is still there.






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Monday, August 13, 2012

canterbury tales

We are ready to represent the best custom paper writing assistance that can cope with any task like canterbury tales even at the eleventh hour. The matter is that we posses the greatest base of expert writers. Our staff of freelance writers includes approximately 300 experienced writers are at your disposal all year round. They are striving to provide the best ever services to the most desperate students that have already lost the hope for academic success. We offer the range of the most widely required, however, not recommended for college use papers. It is advisable to use our examples like canterbury tales in learning at public-education level. Get prepared and be smart with our best essay samples cheap and fast! Get in touch and we will write excellent custom coursework or essay especially for you.



In the beauty of April, the Narrator and oddly assorted travelers happen to meet at the Tabard Inn in Southwark, London. This becomes the launching point for their 60-mile, four-day religious journey to the shrine of St. Thomas … Becket at the Cathedral in Canterbury. Great blessing and forgiveness were to be heaped upon those who made the pilgrimage; relics of the saint were enshrined there, and miracles had been reported by those who prayed before the shrine. Chaucers pilgrims, however, are not all traveling for religious reasons. Many of them simply enjoy social contact or the adventure of travel.

As the travelers are becoming acquainted, their Host, the innkeeper Harry Bailley, decides to join them. He suggests that they pass the time along the way by telling stories. Each pilgrim is to tell four stories - two on the way to Canterbury, and two on the return trip - a total of 10 stories. He will furnish dinner at the end of the trip to the one who tells the best tale. The framework is thus laid out for the organization of The Canterbury Tales.

Chaucer, the Narrator, observes all of the characters as they are arriving and getting acquainted. He describes in detail most of the travelers which represent a cross-section of fourteenth-century English society. All levels are represented, beginning with the Knight who is the highest ranking character socially. Several levels of holiness and authority in the clergy are among the pilgrims while the majority of the characters are drawn from the middle class. A small number of the peasent class are also making the journey, most of them as servants to other pilgrims.

As the travelers begin their journey the next morning, they draw straws to see who will tell the first tale. The Knight draws the shortest straw. He begins the storytelling with a long romantic epic about two brave young knights who both fall in love with the same woman and who spend years attempting to win her love.




Everyone enjoys the tale and they agree that the trip is off to an excellent start. When the Host invites the Monk to tell a story to match the Knights, the Miller, who is drunk, becomes so rude and insistent that he be allowed to go next that the Host allows it. The Millers tale is indeed very funny, involving several tricks and a very dirty prank as a young wife conspires with her lover to make love to him right under her husbands nose.

The Millers fabliau upsets the Reeve because it involves an aging carpenter being cuckolded by his young wife, and the Reeve himself is aging and was formerly a carpenter. Insulted by the Miller, the Reeve retaliates with a tale about a miller who is made a fool of in very much the same manner as the carpenter in the preceding rendition.

After the Reeve, the Cook speaks up and begins to tell another humorous adventure about a thieving, womanizing young apprentice. Chaucer did not finish writing this story; it stops almost at the beginning.

When the dialogue among the travelers resumes, the morning is half gone and the Host, Harry Bailley, urges the Man of Law to begin his entry quickly. Being a lawyer, the Man of Law is very long-winded and relates a very long story about the life of a noblewoman named Constance who suffers patiently and virtuouly through a great many terrible trials. In the end she is rewarded for her perseverence.

The Man of Laws recital, though lengthy, has pleased the other pilgrims very much. Harry Bailley then calls upon the Parson to tell a similar tale of goodness; but the Shipman, who wants to hear no more sermonizing, says he will take his turn next and will tell a merry story without a hint of preaching. Indeed, his story involves a lovely wife who cuckolds her husband to get money for a new dress and gets away with the whole affair.

Evidently looking for contrast in subject matter, the Host next invites the Prioress to give them a story. Graciously, she relates a short legend about a little schoolboy who is martyred and through whose death a miracle takes place.

After hearing this miraculous narrative, all of the travelers become very subdued, so the Host calls upon the Narrator (Chaucer) to liven things up. Slyly making fun of the Hosts literary pretensions, Chaucer recites a brilliant parody on knighthood composed in low rhyme. Harry hates Chaucers poem and interrupts to complain; again in jest, Chaucer tells a long, boring version of an ancient myth. However, the Host is very impressed by the serious moral tone of this inferior tale and is hightly complimentary.

Since the myth just told involved a wise and patient wife, Harry Bailley takes this opportunity to criticize his own shrewish wife. He then digresses further with a brief commentary on monks which leads him to call upon the pilgrim Monk for his contribution to the entertainment.

The Monk belies his fun-loving appearance by giving a disappointing recital about famous figures who are brought low by fate. The Monks subject is so dreary that the Knight stops him, and the Host berates him for lowering the morale of the party. When the Monk refuses to change his tone, the Nuns Priest accepts the Hosts request for a happier tale. The Priest renders the wonderful fable of Chanticleer, a proud rooster taken in by the flattery of a clever fox.

Harry Bailley is wildly enthusiastic about the Priests tale, turning very bawdy in his praise. The earthy Wife of Bath is chosen as the next participant, probably because the Host suspects that she will continue in the same bawdy vein. However, the Wife turns out to be quite a philosopher, prefacing her tale with a long discourse on marriage. When she does tell her tale, it is about the marriage of a young and virile knight to an ancient hag.

When the Wife has concluded, the Friar announces that he will tell a worthy tale about a summoner. He adds that everyone knows there is nothing good to say about summoners and tells a story which proves his point.

Infuriated by the Friars insulting tale, the Summoner first tells a terrible joke about friars and then a story which condemns them, too. His rendering is quite coarse and dirty.bHoping for something more uplifting next, the Host gives the Cleric his chance, reminding the young scholar not to be too scholarly and to put in some adventure. Obligingly, the Cleric entertains with his tale of the cruel Walter of Saluzzo who tested his poor wife unmercifully.

The Clerics tale reminds the Merchant of his own unhappy marriage and his story reflects his state. It is yet another tale of a bold, unfaithful wife in a marriage with a much older man.

When the Merchant has finished, Harry Bailley again interjects complaints about his own domineering wife, but then requests a love story of the Squire. The young man begins an exotic tale that promises to be a fine romance, but Chaucer did not complete this story, so it is left unfinished.

The dialogue resumes with the Franklin complimenting the Squire and trying to imitate his eloquence with an ancient lyric of romance. There is no conversation among the pilgrims before the Physicians tale. His story is set in ancient Rome and concerns a young virgin who prefers death to dishonor.

The Host has really taken the Physicians sad story to heart and begs the Pardoner to lift his spirits with a happier tale. However, the other pilgrims want something more instructive, so the Pardoner obliges. After revealing himself to be a very wicked man, the Pardoner instructs the company with an allegory about vice leading three young men to their deaths. When he is finished, the Pardoner tries to sell his fake relics to his fellow travellers, but the Host prevents him, insulting and angering him in the process. The Knight has to intervene to restore peace.

The Second Nun then tells the moral and inspiring life of St. Cecelia. About five miles later, a Canon and his Yeoman join the party, having ridden madly to catch up. Converstion reveals these men to be outlaws of sorts, but they are made welcome and invited to participate in the storytelling all the same.

When the Canons Yeoman reveals their underhanded business, the Canon rides off in a fit of anger, and the Canons Yeoman relates a tale about a cheating alchemist, really a disclosure about the Canon.

It is late afternoon by the time the Yeoman finishes and the Cook has become so drunk that he falls off his horse. There is an angry interchange between the Cook and the Manciple, and the Cook has to be placated with more wine. The Manciple then tells his story, which is based on an ancient myth and explains why the crow is black.

At sundown the Manciple ends his story. The Host suggests that the Parson conclude the day of tale-telling with a fable.

However, the Parson preaches a two-hour sermon on penitence instead. The Canterbury Tales end here.



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Friday, August 10, 2012

your mum loves it

We are ready to represent the best custom paper writing assistance that can cope with any task like your mum loves it even at the eleventh hour. The matter is that we posses the greatest base of expert writers. Our staff of freelance writers includes approximately 300 experienced writers are at your disposal all year round. They are striving to provide the best ever services to the most desperate students that have already lost the hope for academic success. We offer the range of the most widely required, however, not recommended for college use papers. It is advisable to use our examples like your mum loves it in learning at public-education level. Get prepared and be smart with our best essay samples cheap and fast! Get in touch and we will write excellent custom coursework or essay especially for you.



Australian Drama and Theatre

The Seven Stages of Grieving, collaborated by Wesley Enoch and Deborah Mailman, and Garry’s House, written by Debra Oswald are both Australian dramas that examine the relationships between Australian characters and the environments that they inhabit. This is achieved through the use of dramatic forms, styles, and conventions. The comparison on the two plays shows a dramatic contrast between the traditional Aboriginal culture and the rough city/country contrast of the white Australian culture. These two theatre pieces also have thematic parallels which include life, death, grief, guilt, isolation, regret and anger. These themes are expressed through the way in which the characters relate to one another and their emotions are reflected through these relationships which are influenced and shaped by the freedom and constraints that their environments hold.

The world is made up of life and life is the central thing that people, animals and nature all have in common. It is what makes the world united without having to take into account religion, skin colour, language or gender. The purpose for living beings is to live and this is what is at the centre of the two plays, Garry’s house and the seven stages of grieving. In Garry’s house, it is life that is the reason for the five characters to hold relationships together and it is life that helps all, bar Garry, to push through past their own selfish desires and attitudes to see the needs of the baby and in that frame of mind, the characters change accordingly to meet the needs that have been neglected or not completed.

For Christine, the life of her nephew brought out the maternal emotions that she had ignored in pursuit of her career. She re-adjusted her actions and attitudes to best suite those needs of the baby. On the other end of the scale, Garry succumbed to the stresses and pressures that pregnancy and the construction of a house bring and chose to leave the situation all together. It appears that Garry felt that life was not worth persevering through the pain and torment to move past the state the he found himself in the night he committed suicide. QUOTE… (HEARTBREAK.) The life Sue-Anne lives is an emotional roller coaster. She could commonly be described as narcissistic as her actions and conversations lend the impression that the world revolves around her and she holds little consideration for the emotions that others may feel after encountering her. She has not lived a long life as she is only seventeen. With this still in mind, she is very immature considering she is pregnant and it is evident that she has not taken her share of the responsibility for the life she helped create.




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Thursday, August 9, 2012

Exxon Mobile Corp.

We are ready to represent the best custom paper writing assistance that can cope with any task like Exxon Mobile Corp. even at the eleventh hour. The matter is that we posses the greatest base of expert writers. Our staff of freelance writers includes approximately 300 experienced writers are at your disposal all year round. They are striving to provide the best ever services to the most desperate students that have already lost the hope for academic success. We offer the range of the most widely required, however, not recommended for college use papers. It is advisable to use our examples like Exxon Mobile Corp. in learning at public-education level. Get prepared and be smart with our best essay samples cheap and fast! Get in touch and we will write excellent custom coursework or essay especially for you.



Exxon Mobile Corp.

There are hundreds of financial decisions made every day. What is the basis for these decisions, and is there any way to avoid uncertainty? What thought process do buyers and sellers utilize when attempting to make sound investment decisions? These are questions asked by many. Finances are a great concern for most Americans, especially for those planning for their future after retirement. It is not a lack of concern that prevents many from investing money today to make money tomorrow. The hesitation comes from a lack of knowledge. It is advantageous to carefully research a potential investment company and compare it to similar companies in its industry. It is my attempt in this paper to provide the reader with a basis for valuation techniques. I will be focusing on only one actively traded security, and will ultimately decide on the value of the stock.

Project Environment






The security that I have chosen is Exxon Mobile Corporation. I feel that this company belongs to a unique industry that exemplifies uncertainty and volatility. Like others, the energy industry has been feeling the effects of the slow economy. Consumers have certainly felt these effects, as a result. I will attempt to discuss the environment of the energy industry to obtain a better understanding of the financial outlook for Exxon.

This industry’s functions are the exploration, production, manufacture, transportation, and sale of crude oil, natural gas, and petroleum products. The world’s largest non-government oil companies consist of Exxon, Royal Dutch/Shell, BP, Total Fina, ENI, and Texaco.

The Organization of Petroleum Exporting Countries (OPEC) has a lot of control over the supply and price of gasoline. The organization is made up of several countries that hold a majority of the world’s proven oil reserves. During 000, around 46% of our oil came from OPEC nations. The top suppliers of oil to the United States are Canada, Saudi Arabia, Venezuela, and Mexico. We depend on them for our oil supply to maintain a reasonable inventory.

The industry is on the rebound from the cuts made during the oil price collapse of 17/18, and has responded with higher prices. A variety of factors started the oil crisis. Asian economies that had once dominated the oil industry suffered as they felt the effects of an economic collapse. The Northern Hemisphere experienced a warmer than usual winter, which reduced demand. Surpluses developed, which made prices fall. OPEC became very involved, encouraging countries to better manage their production. These higher prices have reached most of the industry, including producers, refiners, pipeline companies, equipment makers, field service providers, and gas station attendants. All are reaping the benefits and enjoying new profits. Twenty-seven major energy companies reported overall net income of $14.1 billion on revenues of $1.4 billion during the fourth quarter of 1. These higher prices are enabling the industry to develop new oil fields, accelerate production, and store more refined products.

Oil is known as a commodity. Commodities are basic materials available from a wide variety of suppliers whose prices are very subject to the laws of supply and demand. Prices of commodities have fallen in recent months. In dollars adjusted for inflation, gas sells for about the same as it did 0 years ago. This means that the increase in prices is just an economic normality. In general, the commodities environment of today is one of heightened competition, excess capacity and lower operating costs, and an abundant supply. As oil prices began to fall in 17, the entire commodities index fell significantly over recent history. This shows the dominance of oil prices.

Project Analysis

To properly analyze an oil company, you must begin by looking at general industry factors. Once you have established an outlook for the entire industry, you should begin to review company specific factors. This gives the analyst the opportunity to compare individual company results with those of the industry on a whole. I will present several key ratios for Exxon to eventually determine its financial outlook. I will be using the most current data that I found on Exxon to compare with the same effective dates of other companies.

DuPont Equation

The DuPont Equation is very useful in determining two key ratios. These two are Return on Equity (ROE) and Return on Assets (ROA). A company’s ROE is calculated as follows

ROE= Asset Turnover x Net Profit Margin x Leverage

By breaking ROE down into three parts an analyst can evaluate how well a company is managing assets, expenses and debt. The last reported ROE for Exxon was 14.7%. If we compare this to its fierce competitors, it fares well. Chevron, Texaco, Royal Dutch, and Exxon all seem to have experienced steady increases in ROE in the years leading up to the oil price collapse. Surprisingly, Exxon did not experience as much of a decrease as did all of the other companies. From 17 to 18 the return fell only 5 percentage points, as compared to Texaco, who fell almost 1 percentage points, and Royal Dutch, who fell almost 1. Exxon appears to make a great return on its equity, and is the only asset with any consistency.

A firm’s ROA is similar to the ROE, except the interest expense is added back to net income in the ROA calculation. Again, the most recent reports show Exxon with a steadily increasing return up until the oil collapse. All other companies dropped significantly. Recent figures show Exxon with a 6.6% return on assets. This seems to be about the average for the industry. By evaluating these two ratios, it appears that the oil collapse of 17 did not affect Exxon as much as it did every other company in the industry. There are many scenarios as to why this is. Perhaps they did not maintain a large quantity of oil; therefore they were not stuck with a surplus. Exxon could have had a very seasoned and knowledgeable team of financial planners that could foresee the oil crisis. Whatever the case, Exxon has proven to avoid the economic blows that affect the remainder of the industry.

The price/earnings ratio can tell prospective investors a lot about the asset. It essentially indicates the value that investors place on the company’s earnings. The last reported P/E ratio for Exxon had a high of 8 with a low of 8. This is the only company in the industry that saw an increase from the previous year. It has actually experienced a steady increase every year. The difference between the high and low market price is minimal, as compared to the span of other firms. This tells me that there is not as much price volatility as with other companies. The market price appears to be around the average for the industry.

A pertinent measure of operating efficiency is the profit margin. Exxon has a profit margin of . this year, and . last year. That makes the company consistent. Chevron has a little bit higher margin with .7, with last year being .4. The fact that other companies maintain a higher profit margin could mean a multitude of things. One possibility could be that Exxon has a lot of operating expenses. This could actually be advantageous to the company. Exxon may possess more operating equipment and may do more drilling than the other companies in the industry. This would create more expenses for Exxon, but in turn, may also create more revenue. Exxon has been looking to expand its drilling projects and this lower profit margin could very well be a short run effect.

Dividend Discount Model

A popular model used to value a stock is the dividend discount model. This method of estimating value sums all expected future dividend payments. For this purpose, I will be using the stable model. I feel it is best suited for Exxon because the company is experiencing long-term stable growth. All projected ratios for the firm show continued growth for Exxon. The company’s recent decision to incorporate more drilling should prove advantageous to its growth. Generally, these types of firms grow at a rate equal to the growth rate of the economy. For illustration purposes, we will use a growth rate of 6%. (inflation of % plus real growth in GDP of %) I will also use another growth rate of %, which is equal to the projected EPS growth rate for Exxon. The current dividend for the asset is $1.76. For ks, the required rate of return for the investment, we will use the formula as follows

return = risk-free rate + (market risk premium) beta

We will use the rate for a t-bill for the risk-free rate. The market risk premium is the expected return of the market in excess of the risk-free rate. For our purposes, we will use a percentage of 6.8%, which was suggested in an article about the dividend discount model. We will be using a beta of .41, given by the company’s stock information. If we plug these figures into our formula, we get a return of 8.7%.

ks = 6% + (6.8%) .41

To determine the value of the stock, we must incorporate the expected growth rate mentioned previously.

v = 1.76 (1.06) / .0870 - .06)

We find that the value of the stock is $6.10. If we compare this to the current selling price of $85, we can see that customers will pay a premium price for the Exxon name and brand.

If we use a growth rate of %, that equal to the projected EPS growth rate, we end up with a value of $68.51. There is not much difference between the total if using a 6% rate of growth or using a % growth rate. It is still well below the selling price of the security.

Capital Asset Pricing Model

Another formula that is useful when valuing a stock is the Capital Asset Pricing

Model (CAPM). This shows the expected return for the asset. There are three factors to consider in this computation the time value of money, the reward for bearing risk, and the amount of systematic risk. We used this formula previously when deciding the market risk premium. We can conclude from our result of an 8.7% reward-to-risk ratio, that there is more reward for bearing risk. 8.7% tends to be a bit higher than the industry average, but this could be because Exxon bears more risk.

Economic Value Added

The Economic Value Added (EVA) focuses on managerial effectiveness. It provides a good measure of the extent to which the firm has added to shareholder value. The common goal of all firms is to maximize shareholder wealth, and by monitoring and interpreting EVA, managers can do just that. EVA for Exxon was negative last year. This could be because the amount of capital grew more than Net Operating Profit

After Taxes. This pulled the EVA way down. This is not necessarily a bad thing, however. The value of the asset to shareholders has been fairly substantial in previous years, and we have proven already that existing stockholders deem the asset very valuable.

I have covered the most pertinent ratios and evaluation techniques that will enable us to value Exxon. The current selling price for the asset is approximately $85. We valued the stock using several different models. In using the dividend discount model, we found that the stock price was much higher that the value that we calculated. This is not necessarily a bad thing, however. I do not feel that Exxon has over-valued its asset. I think the company realizes that they are the leader in the oil industry, and investors are willing to pay a premium price for the brand. Our findings have proven Exxon to remain stable and consistent in an ever-changing, volatile environment. Investors trust the firm to continue to maximize their wealth, even in times of economic hardship. As we compared Exxon to competitors in the industry, we found that Exxon was the only company to remain fairly stable and strong through the oil collapse of 17/18. Exxon has continued to show growth in each year following the crisis. The Profit to Earnings ratio showed us that investors have faith in the future of the asset. There is not much of a spread between the high and low price. Investors trust that the stock will give them a good return. The company’s profit margin was slightly lower than other firms in the industry. We came to conclude, however, that this was probably a result of its recent plan to incorporate more drilling. The company may have more operating expenses than other firms, but this may work to Exxon’s advantage in the long run.

By analyzing these ratios and interpreting the meaning behind them, we can find the true value for an asset. We were able to conclude from our findings that Exxon is a leading company in the oil industry, and will only continue to grow in the next several years. We can see that existing investors hold a lot of hope in the firm’s ability to maximize stockholders’ wealth. As we begin to see revitalization in the economy, we will also see Exxon leading the way for the other companies in the oil industry.





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Wednesday, August 8, 2012

Basketball is a great sport

We are ready to represent the best custom paper writing assistance that can cope with any task like Basketball is a great sport even at the eleventh hour. The matter is that we posses the greatest base of expert writers. Our staff of freelance writers includes approximately 300 experienced writers are at your disposal all year round. They are striving to provide the best ever services to the most desperate students that have already lost the hope for academic success. We offer the range of the most widely required, however, not recommended for college use papers. It is advisable to use our examples like Basketball is a great sport in learning at public-education level. Get prepared and be smart with our best essay samples cheap and fast! Get in touch and we will write excellent custom coursework or essay especially for you.



One of the smoothest sports that can be played is basketball. Basketball consisted of many different positions like forwards, shooting guards, a point guard, and a center that makes a team. A jazz band is also like a basketball team in many ways. A jazz band has many different instruments that can be compared to a basketball team. The instruments can be compared to a team because every complete jazz band has trumpets, saxophones, and clarinets that can represent the player at the top of the key. Also, the band has all the basses, and trombones that could represent the player down low. The most important instrument would be the drums that would represent the point guard, who leads the team. Playing basketball for a team is like playing in a jazz band because it’s very exciting.

The looks of a basketball team is very important for a team performance. The looks of a team includes on how they move the ball from end to end of the court, how the pass the ball, how they perform as a team, and how they shoot the ball. In order for a team to look good they must be able to run the floor without going tried. While running up and down the court they must be able to play hard defense. On offense they must be able to make nice sharp passes in order not to get a turnover. Also, the team must be able to shoot in order to look good for there fans. Next, a team must have a type of chemistry between each other for better communication. Communication is vital because it allow the team to be more focus which helps them make better decisions. But, looks are also important for a jazz band for the performance. In order for a jazz band to look good they must be able to make smooth transition in the music, keep full energy while playing and all the instrument must be in tunes with each other with playing. A jazz band must be able to make smooth transition from measure to measure in order for them to look and perform well. For example the band must be able to go from a nice fast swinging beat to a nice smooth beat in a matter of two measures. Second, the band must be full of energy especially the wind section. The wind or brass section consists of the trumpets, trombones, saxophones, and clarinet that make up half of a jazz band. Most of the energy lies in the hands of the drummer which usually slow or speeds up things in the band. In return the rest of the band feeds off the energy provided by each other and the drummer giving them a good exciting performance. Third, in order for the band to look good they must be able to sound good. In order for them to song good all of the instrument must be in tune with each other. For example the whole band must play their B flat on their instrument before and performance to get in tune. Therefore, a jazz band and a basketball team are very alike on how they look at a performance.

Every Basketball team has a coach to help guide them through a basketball game. Usually the coach control the tempo of the game by giving his player special plays to control the game. Also he subs different player in and out the game according to the type of game that is being played. For example if it’s a hard played fast tempo game he might put in one his more aggressive and relax players in to try to slow the tempo down some. Next, he can also be the most moody person on the floor on changes of events. A coach can be in a semi relax mood and with a bad call against his team he can become the most aggressive person on the floor. But, a jazz band is lead by and conductor which control the tempo of the band. The conductor is very important to the band in many different ways. The conductor always gives the band the tempo of the song before they actually started playing. This gives the band an idea on how fast the song would be played in the performance. During the performance he queue different instruments in and out the songs. Like if the drums, trombones, clarinets, and trumpets started the song playing, and the saxophones had rest in the beginning he would queue them in when it’s their time. The conductor is also very moody because he can go to a nice, smooth, and relaxing to a swinging, fast, and dancing mood in a matter of a measure. Therefore, the conductor gives you many qualities of a basketball coach doing to game.

The performance of a basketball team is very important to a team. The team that gives their best performance usually draws a bigger crowd of fans to their game. Fans like this because they know that the game will be very exciting and well played. This will begin in more money for the franchise to better help their futility. But, the performance of a jazz band is very important. The performance is important because the better the show is the more people will attend the concert. This will result in more people beginning and donating money to the band. With the money that the band begins in they will the able to buy better material like amps, and microphones to better the band. Therefore, the performance of a jazz band and a basketball team is very similar.




In conclusion playing for basketball team is like playing for a jazz band it’s very exciting.





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Wednesday, August 1, 2012

Who Pays the Bell fo Internet Shopping?

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Foing to the mall may soon go out of style. These days more and more people are shopping from home over the Internet. In 1 electronic commerce took in approximately 18 billion from dhoppers by 00 that amount is expected to be 76 billion or more. These numbers are good news for the online stores and for online shoppers, who can anticipate increasing variety in e-commerece offerings. But because taxes are not collected on Internet sales as they are on purchases in almost allstates, online stores comete unfairly with traditional stores, and shoppers with Internet access have an unfair advantage over shoppers with no such access. to improve equity between online and traditional stores and between consumers with and without access to the Internet, tax laws should be reformulated to allow sales taxes to be collected on Internet purchases.

Internet commerce is regulated by the same tax laws that govern other commerc. However, in 1 the Supreme Court ruled that vendors do not have to collect taxes on behalf of states where they do not have a physical presence, because such collection would place an unconstitutional burden on interstate commerce. Buyers are supposed to send the correct taxes to gheir state governments voluntarily, but they rarely do and states currently have no way to collect. In a decision addressing mail-order sales but considered applicable to Internet sales, the Court’s majority urged congress to reexamine the tax laws governing inerstate commerce



The underlying issue is not only one that Congress may be better qualified to resolve, but also one that Congress has ultimate power to resolve. Accordingly, Congress is now free to decide whether, when, and to what extent the States may burden interstate mail-order concerns with a duty to collect use taxes. (Quill Corp v. North Dakota 18-1)






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Monday, July 30, 2012

Korea, South Economy

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Economy - overview As one of the Four Tigers of East Asia, South Korea has achieved an incredible record of growth. Three decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is seven times Indias, 17 times North Koreas, and comparable to the lesser economies of the European Union. This success through the late 180s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 17- exposed certain longstanding weaknesses in South Koreas development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. Growth plunged by 6.6% in 18, then strongly recovered to plus 10% in 1 and % in 000. Growth fell back to .% in 001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms have stalled.

GDP purchasing power parity - $865 billion (001 est.)

GDP - real growth rate .% (001 est.)

GDP - per capita purchasing power parity - $18,000 (001 est.)




GDP - composition by sector

agriculture 5%

industry 44%

services 51% (001 est.)

Population below poverty line 4% (001 est.)

Household income or consumption by percentage share

lowest 10% .6%

highest 10% 4.8% (18 est.)

Distribution of family income - Gini index 1.6 (1)

Inflation rate (consumer prices) 4.% (001 est.)

Labor force million (001)

Labor force - by occupation services 6%, industry 1.5%, agriculture .5% (001)

Unemployment rate .% (001)

Budget

revenues $118.1 billion

expenditures $5.7 billion, including capital expenditures of $.6 billion (000)

Industries electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing

Industrial production growth rate 1.8% (001 est.)

Electricity - production 7.04 billion kWh (000)

Electricity - production by source

fossil fuel 60.6%

hydro 1.45%

other 0.0% (000)

nuclear 7.8%

Electricity - consumption 54.08 billion kWh (000)

Electricity - exports 0 kWh (000)

Electricity - imports 0 kWh (000)

Agriculture - products rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish

Exports $168. billion (f.o.b., 001)

Exports - commodities electronic products, machinery and equipment, motor vehicles, steel, ships; textiles, clothing, footwear; fish

Exports - partners US 1.8%, Japan 11.%, China 10.7%, Hong Kong 6.%, Taiwan 4.7% (000)

Imports $15. billion (f.o.b., 001)

Imports - commodities machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains

Imports - partners Japan 1.8%, US 18.%, China 8%, Saudi Arabia 6%, Australia .7% (000)

Debt - external $10.5 billion (001)

Economic aid - recipient $NA

Currency South Korean won (KRW)

Currency code KRW

Exchange rates South Korean won per US dollar - 1,17.01 (January 00), 1,0. (001), 1,10.6 (000), 1,188.8 (1), 1,401.44 (18), 51. (17)

Fiscal year calendar year

NOTE The information regarding Korea, South on this page is re-published from the 00 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Korea, South Economy 00 information contained here. All suggestions for corrections of any errors about Korea, South Economy 00 should be addressed to the CIA.



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