Friday, December 27, 2019

Americas Oil Problem Essay - 2238 Words

The United States is in a recession and depends on foreigners to fuel our country. Oil companies are taking advantage of the power they have over gas prices and the economy is at one of the lowest points in all of our history. It can be seen that the way things are going now that change needs to occur for America to get back on its feet. Drastic changes will need to happen if we are going to continue to enjoy living in a very advanced and prominent country. By developing proper offshore drilling techniques, and alternate energy, America could eliminate debt and lessen dependence on foreign oil. As it stands, oil companies have a firm grasp of the American economy. As the price of oil increases, the price of living also increases. Not†¦show more content†¦Exxon Mobils profit excelled 30 billion in 2010. Exxon Mobils 4th quarter profit in 2011 has soared 53 percent in large part due to oil prices. Recently, in London Brent Quality Crude Oil passed $100 a barrel for the first t ime in nearly 3 years (Exxon Mobil 1-2). Oil profit is at an all time high and is contributing to our current recession. It is well-known that nowadays America is in a heavy recession with debt in the trillions. In the summer of 2009 the debt was nearly 13 trillion dollars ( The Federal Budget Deficit 1 ). In 2010, the average American owed nearly $50,000 in consumer debt, and according to figures in 2009, the average American earned just under $40,000 a year(Consumer Debt 2). The average Americans debt is greater than the average Americans salary. Increasing oil prices only make things worse. When oil prices rise, every price rises. Fedex just raised its fuel surcharge on air deliveries from 12 percent to 13.5 percent. Local pizza parlors have been adding a few dollars to pizza deliveries (Saporito 4). Gas prices are going to hurt truckers, taxi drivers, limo drivers, airlines, and shipping companies especially. An energy adviser, Joe Stanislaw, says, Do they pass it on? when spe aking about the price of oil (Saporito 4). Fossil fuels will not last forever and theyve had a drastic effect on the environment. On January 28, 1969 there was a giant oilShow MoreRelatedEssay On Nuclear Energy805 Words   |  4 PagesSyria is in war right now. Russia is thinking after the Syria’s civil war they are going to build oil refinery. Syria has a big problem with their securing fuel. The Americas are trying to fix the smoke that is keep on coming out of the building The woman with the question mark above her head at the bottom of the page with the oil machen, that represents that people in America is trying to fix the oil problem. The windmill that has the other windmill next to it that represents that use use 9 quads ofRead MoreMichael Klares Blood and Oil Essay1504 Words   |  7 PagesMichael Klares Blood and Oil Michael Klare has written an interesting and very relevant book, dealing as it does with the politics of oil, US foreign policy, the Middle East, and the causes of terrorism. He writesRead MoreConsequences of Global Climate Change1457 Words   |  6 Pagesï » ¿How will our recent increases in oil and natural gas production and exportation (this of course, means a conscious commitment to increased C02 emissions) affect the likelihood of global climate change. Where is all our increased production going? What particular problems or changes in situation should we expect? Who stands to gain and who suffer? What are your policy recommendations? 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In his article â€Å"How America Can Free Itself of Oil-Profitabi lity,† Amory Lovins addresses the many different issues associated with excessive oil consumption and the risks versus the benefits. Amory Lovins is a physicist, environmental scientist, writer, and Chairman/Chief Scientist of the Rocky Mountain Institute. He has written numerous research articles arguing for the useRead MoreAnalysis Of The Article How America Can Free Itself Of Oil Profitability Essay969 Words   |  4 PagesThe excessive use of oil in the United States has been a very controversial debate with American experts and scientists. In his article â€Å"How America Can Free Itself of Oil-Profitability,† Amory Lovins addresses the many different issues associated with excessive oil consumption and the risks versus the benefits. Amory Lovins is a physicist, environmental scientist, writer, and Chairman/Chief Scientist of the Rocky Mountain Institute. He has written numerous research articles arguing for the useRead MoreOil Drilling in the Arctic1013 Words   |  5 PagesThe Coastal Plain of the Arctic Refuge is one of Americas last great wilderness areas. It is home to many animals such as polar bears, wolves, and grizzly bears, caribou herds, snow geese, musk oxen, and dozens of other species. If your oil companies keep drilling in the Arctic, most of these beautiful creatures will die, and some will become extinct. The Coastal Plain is home to these animals. Annually, a herd of 129,000 caribou gather on the Coastal Plain to bear and nurse their young. PolarRead MoreGot Gas? Essay example1152 Words   |  5 PagesGot Gas? Oil is defined as â€Å"any of numerous unctuous combustible substances that are liquid or can be liquefied easily on warming, are soluble in ether but not in water, and leave a greasy stain on paper or cloth† (Merriam Webster Online Dictionary), but the United States of America knows it better as their source of transportation. Oil has many uses, but oil main use is for fuel in motor vehicles. Oil is found thousands of miles below the earth’s crust and is drilled for in many locations. WhenRead MoreOil Dependency Essay910 Words   |  4 PagesDimon English 091 November 5, 2006 Oil Dependency: Increase Research Funds Americas dependency on foreign oil is slowly crippling the average citizens hard-earned income with outrageous fluctuation in gas prices. The American government seriously needs to step it in gear and start taking action on possible supplemental energy sources to replace foreign oil and actually begin providing those sources to the public without overpricing. 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Thursday, December 19, 2019

World Events Influencing Shakespeare¨s The Tempest Essay...

â€Å"What’s past is Prologue† – William Shakespeare Shakespeare lived and produced much of his famous works during the time when Queen Elizabeth ruled England and Ireland. This era was known as the Elizabethan Era. The world and its people were quickly evolving. It was the â€Å"golden age† of poetry, music and literature. It was in the midst of European exploration that Shakespeare wrote, The Tempest. It would be safe to suggest that many of the worldly events during this time, such as the shipwreck of Sea Venture, global colonization, and the works of Michel de Montaigne, had prodigious influences on Shakespeare’s play, The Tempest. The Tempest starts aboard a ship in the middle of the sea caught in a violent hurricane. Members of the audience†¦show more content†¦After finding shelter on the island in the Bermuda’s, the survivors were dehydrated and suffering from food deprivation. It is suggested that the reports within Strachey’s letters of a bright light seen upon the island during the aftermath may be Shakespeare’s inspiration for Ariel within his play, The Tempest. One of the survivor reports: An apparition of a little round light, like a faint star, trembling and streaming along with a sparkling blaze,†¦shooting sometimes from shroud to shroud, tempting to settle as it were on any of the four shrouds:†¦half the night it kept with us, running sometimes along the main yard to the very end, and then returning. In The Tempest, Ariel refers to himself as a â€Å"flam[ing] amazement, divid[ing] and burn[ing] in many places. /On the topmast, / The yards, and bowsprit would I flame distinctly, / Then meet and join. / Jove’s lightning, the precursors† (Act 1 Scene 2). Furthermore, Shakespeare uses the word â€Å"Bermoothes’ when Ariel talks about the Island in the Bermuda’s they habitat. The Bermuda islands are known as the â€Å"devil’s island† when searched in the English dictionary. In fact, Ferdinand refers to the Bermuda Island where they are stranded as â€Å"Hell [being] empty [because] all the devils are here (Act1 Scene 2). Strachey’s letters

Wednesday, December 11, 2019

Ethical Responsibilities Of The Stakeholders - Myassignmenthelp.Com

Question: Discuss about the Ethical Responsibilities Of The Stakeholders. Answer: Analysis of the Commonwealth Bank Stakeholders The fundamental legitimate obligations of executives are to act in compliance with established goals of the Bank in light of a sound concern for the bank. Furthermore, the obligations are owed to the bank for the most part and not the investors at a given point of time. Although the huge responsibility of governing the bank as a whole is endowed upon the directors, they receive various incentives especially in the form of money. The most prominent task of shareholders is to provide the funding. Furnishing information is also a major responsibility of the shareholders (Bebchuk, Cohen and Wang 2014). Shareholders of the Commonwealth Bank have the capacity to impact the companys decisions to a certain extent. Shareholders can expect a total return of about 104.8% at the end of 5 years (Commbank.com.au, 2018). Apart from this, special discounts and bonuses are also given to the shareholders. Shareholders consequently expect to be treated with importance while important decisions are made. Customers are the primary source of income for the bank. Banks invest the money deposited by the customers and gain huge profits from it. Customers expect a secure and hassle free deposition and transaction of their finances. According to the Shareholder Review of 2016 of the bank, deposits made by the customers represented 66% of the total group funding (Commbank.com.au, 2018). As in any other line of work, bank employees regulate and conduct all the interactions with customers. Their tireless efforts ensure the productivity of the bank at large. Employees receive bonuses and special benefits in return. The profession of banking is regarded as very respectable in general. Bank directors and the management teams are the gatekeepers of money related solidity, which is a standout amongst the most valuable open merchandise. Bank management teams need to guarantee that the bank procedure as considered and executed by administration has a proper functional profile. That budgetary information precisely portrays the bank's state in general and thus cautious measures are needed to ensure investors' cash and investors' assets security (Boubaker, Mansali and Rjiba 2014). In short, the directors perform their activities without acquiring unreasonable risks. According to the normative model, supervisors or directors need to ensure that unnecessary and impetuous risks are not taken by the bank (Parente et al. 2016). Establishing a well scrutinized policy can reduce these risks significantly. It is the responsibility of the director to make sure that all the employees and workers adhere to those norms and regulations (Agn, Dellmuth and Tallberg 2015). However, intro ducing a policy that somewhat restricts the actions of employees and workers can be challenging at times. Thus it needs to be in congruence with the bank's ideologies and should be of the best interests of all the employees as well (Bukair and Rahman 2015). Nevertheless, directors need to maintain a certain level of independency while constructing these policies. Any bias or partiality will not be tolerated on the part of the director as the director of the bank is usually held accountable for any major issues that the bank faces. Employees are considered as the limbs of any working organizations. From day to day interaction with the customers to making sure all the transactions are completed securely and on time, every duty is distributed among employees at different levels (Ferdous and Moniruzzaman 2015). Thus, it is essential that they work with commitment and perseverance. Bank workers, otherwise called bank employees, are in charge of the vast majority of the ordinary operations at money related establishments. They must monitor all the cash that goes through a bank. This is no simple errand, as a bank of this magnitude has numerous exchanges each day. The expected set of responsibilities of a bank employee uncovers what bank employees do to screen each penny (Sharif and Rashid 2014). According to the Lawrence Kohlberg's different stages of moral development model, the pre conventional level suggests that obedience and self interest should be incorporated in the employees (Mallin, Farag and Ow-Yong 2014). Employees should have the urge to avoid punishments or penalties at any cost. This urge can be enhanced significantly if the work in hand can be viewed from a perspective of self interest. Working harder for benefits or incentives will only elevate the overall quality of the work. Conventions are the second level of Kohlbergs hypothesis (Thoma, Bebeau and Narvaez 2016). Working by the social norms and maintaining a respectable character should be the main focus of the employees. Several laws and policies are also been implemented and developed in banks to maintain any such policies. The stakeholder theory refers to the management procedures of an organization that comprises of business ethics, morals and values (Hung 2015). According to the model, a bank has primarily two types of stakeholders, viz. Internal Stakeholders and External Stakeholders. Internal stakeholders are the various employees associated with the bank, the managers and the owners of the bank (Hrisch, Freeman and Schaltegger 2014). Whereas, society, shareholders, customers and the suppliers are the instances of external stakeholders. This theory is concerned with providing the maximum value to the stakeholders, especially shareholders. Since a bank relies heavily on the shareholders, both financially and administratively, it is the duty of the shareholders to encourage a steady prosperity of the bank. Shareholders, who have been associated with the bank for long and have significant knowledge about the bank's functionality, can provide guidance to the board of directors. In case the directing bo ard decides on doing something unethical, the shareholders can sell the shares and consequently make the bank incur huge financial losses. Recommendations (Memorandum) dd/mm/yyyy MEMOANDUM TO: The Board of Directors, The Commonwealth Bank of Australia FROM: -name- SUBJECT: Restoring credibility of the Commonwealth Bank of Australia. The three areas that should be regarded more important than the rest are the action of the board, functionality of the management and the assimilation of a decent human resource department. Rests four component model is named after its developer, James Rest (1983). It describes the four abilities. Moral affectability concentrates on the capability to distinguish between the circumstances that are ethical and those which are not. Moral judgment obliges the person of concern to analyse the situation and take appropriate action. Moral inspiration includes prioritization of ethical rationalities. Finally, moral actions are meant to be taken on the basis of moral skills that are required. The main purpose of the board of directors is to make sure that the company prospers as a whole (Jizi et al. 2014). Apart from all the professional issues, the board members face various issues regarding corporate governance. It is of paramount importance that the board members regularly meet and discuss the numerous policies and norms. Members are entrusted with governing the bank in the right direction. In recent times, the bank has been involved in various dishonoring acts and issues that even made the CEO resign. Thus an overall change is needed, starting at the top of the administration. Clueless management adds to instability of the administration significantly. Without a good management team to implement the strategies and policies defined by the board of directors, no organization can function accurately. A capable management team will guide the bank to a more productive and profitable path (Campiglio 2016). With introduction of systematic policies that ensures profitability of the bank and the skills to operate even under substandard leadership of board members, a good management team can take the bank a long way. A well-structured human resource development department can provide the bank with stability and honesty. From recruiting skilled and honest employees to maintaining a safe and honest environment in the office, human resources department ensures that a certain level of dignity is maintained through the hierarchy of officials. It is evident from the reports in the recent times that there is a lack of proper and ethical leadership in the Commonwealth Bank of Australia. Thus, a change in the leadership would cast an overall change over the bank for good. A bank of such high popularity will always be under the radar of media and other inspective organizations. Any sort of corruption or fraudulence will be exposed sooner or later. Time and again the bank has been involved in controversies. In spite of existing norms and policies of the bank, employees at different levels have been involved in corruption. A rigid board of members with ethical mindset will make certain that corruption is not tolerated within the bank. A management team with strong ethics helps to maintain a standard quality of work. Different ethical programs and norms highlight the required values while making sure that the organizations ideologies are in alignment with these values. A proper management team dedicates itself to the promotion of the banks public image. Scrutinizing every policy from an ethical point of view leads to an ethical environment overall. Needless to say, in the context of recent scandals, the bank needs it more than ever. It is better to invest more on ensuring a corruption free administration than to face a litigation charge. Thoughtfulness regarding business morals is basic amid times of principal change and is of utmost importance in times much like those confronted now by organizations, both philanthropic or for benefit. Amid times of progress, there is regularly no reasonable good compass to manage pioneers through complex clashes about what is correct or off-base. Proceeding with thoughtfulness regarding morals in the working environment sharpens pioneers and staff to how they need to act reliably. Human Resource department will ensure a better relation between customer and the employees. In recent times the public image of the bank has somewhat been derelict. Employees need to be assessed carefully depending on their personalities and attitudes. Human resource department complies with the laws established for the benefit of workers as well as the organization itself. In case the department fails to do so, the working environment may become unsafe inside the bank which will in turn result in degrade d productivity and cause dissatisfaction among employees and customers, both. Human Resource officials must outline and screen work procedures to diminish the open doors for internal larceny. Human resource strategies should scrutinize and carefully observe each steps of money collection, handling that money and keep accounts of all exercises by means of video surveillance. In case a corrupt official makes an attempt to take money from a bank, the HR division must deal with the necessary lawful actions and regulatory procedures required by the bank's policies. References Boubaker, S., Mansali, H. and Rjiba, H., 2014. Large controlling shareholders and stock price synchronicity.Journal of Banking Finance,40, pp.80-96. Parente, T.C., Parente, T.C., Machado Filho, C.A.P. and Machado Filho, C.A.P., 2016. Corporate social responsibility: perceptions of directors in Brazil.Management Research Review,39(11), pp.1472-1493. Sharif, M. and Rashid, K., 2014. Corporate governance and corporate social responsibility (CSR) reporting: an empirical evidence from commercial banks (CB) of Pakistan.Quality Quantity,48(5), pp.2501-2521. Mallin, C., Farag, H. and Ow-Yong, K., 2014. Corporate social responsibility and financial performance in Islamic banks.Journal of Economic Behavior Organization,103, pp.S21-S38. Bebchuk, L., Cohen, A. and Wang, C.C., 2014. Golden parachutes and the wealth of shareholders.Journal of Corporate Finance,25, pp.140-154. Boubaker, S., Mansali, H. and Rjiba, H., 2014. Large controlling shareholders and stock price synchronicity.Journal of Banking Finance,40, pp.80-96. Hrisch, J., Freeman, R.E. and Schaltegger, S., 2014. Applying stakeholder theory in sustainability management: Links, similarities, dissimilarities, and a conceptual framework.Organization Environment,27(4), pp.328-346. Hung, H.F., 2015. The Causal Model of Green Marketing Strategy from View of Stakeholder Theory and Marketing Exchange.Journalof BusinessandEconomics, p.460. Campiglio, E., 2016. Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy.Ecological Economics,121, pp.220-230. Agn, ., Dellmuth, L.M. and Tallberg, J., 2015. Does stakeholder involvement foster democratic legitimacy in international organizations? An empirical assessment of a normative theory.The Review of International Organizations,10(4), pp.465-488 Thoma, S.J., Bebeau, M.J. and Narvaez, D., 2016. How not to evaluate a psychological measure: Rebuttal to criticism of the Defining Issues Test of moral judgment development by Curzer and colleagues.Theory and Research in Education,14(2), pp.241-249. Commbank.com.au. (2018).Cite a Website - Cite This For Me. [online] Available at: https://www.commbank.com.au/content/dam/commbank/about-us/shareholders/pdfs/annual-reports/annual_report_2017_14_aug_2017.pdf [Accessed 12 Jan. 2018] Bowen, D.E., 2016. The changing role of employees in service theory and practice: An interdisciplinary view.Human Resource Management Review,26(1), pp.4-13. Bukair, A.A. and Rahman, A.A., 2015. The effect of the board of directors' characteristics on corporate social responsibility disclosure by Islamic banks.Journal of Management Research,7(2), p.506. Ferdous, M. and Moniruzzaman, M., 2015. An empirical evidence of corporate social responsibility by banking sector based on Bangladesh.Asian Business Review,3(4), pp.82-87. Jizi, M.I., Salama, A., Dixon, R. and Stratling, R., 2014. Corporate governance and corporate social responsibility disclosure: Evidence from the US banking sector.Journal of Business Ethics,125(4), pp.601-615.

Wednesday, December 4, 2019

The Positive Role of Big Government in FDRs New De Essay Example For Students

The Positive Role of Big Government in FDRs New De Essay alThe Positive Role of Big Government inThe tumultuous years of the Depression left the United States in a financial ruin. Mass speculation had left the stock market a shambles, while overproduction by farms and under consumption by consumers had mixed to form a surplus of cataclysmic proportions. When Franklin Roosevelt took hold of the reigns of the country, he brought with him a New Deal, a series of programs aimed at getting the country back on its own two feet. Roosevelt planned on accomplishing this with the aid of a larger government role. This philosophy had many positive benefits. The idea of a Big Government was not necessarily new, just under used. Throughout the administrations of Hoover, Wilson, and Coolidge, the political philosophy was one of Ahead to the Past, or Return to Normalcy- the way things were before the first World War. A very big part of this philosophy was that of a laissez-faire government, or, one that did not participate in business very visibly. The government had not played a role in the lives of the American citizen and American business for a long time, and it was going to be difficult to make a return to such policy. Business had grown as well as, if not better, than the period before the war. While these government policies made the rich richer, they also made the poor poorer. Such national policy does not work for the general well-being of a country. Throughout the presidential campaign of 1932, Herbert Hoover stated that the New Deal was radical, that the measure prescribed in the program were far too severe. The common belief at the time was that internal economics were not to blame for the current downward trend, but abnormal stimuli from abroad. The failure of foreign markets, lingering war debts and reparations were all to blame for the problems at home. In keeping with the Ahead to the Past traditions of laissez-faire, Hoover declared that a Big Government policy would wreck the nation. (V) However, economist John Maynard Keynes supported the theory of a reasonably more active government in the life of the national economy. In his statement to the New York Times, Keynes declared The notion that, if the government would retire altogether from the economic field, business, left to itself, would soon work out its own salvation is, to my mind, foolish. ( I ) Keynes supported the policies inferred by the New Deal program; he found them (policies) favorable to a return to economic stability. We will write a custom essay on The Positive Role of Big Government in FDRs New De specifically for you for only $16.38 $13.9/page Order now In one of his earlier fireside chats, Roosevelt identified many of the problems of the country. He outlined the New Deal program for the country. Problems included the repair of trade and commerce levels, prices for basic commodities, and as a result of these prices, the integrity of banks, savings banks, and insurance companies. (III) Many of these problems warranted its own program to focus on the calamity. These programs in turn spawned agencies and other programs. The programs formed under the New Deal program came to be known as Alphabet Soup, for the acronyms representing their names. Roosevelt felt that perhaps the greatest obstacle for the country was the return of people to work. He felt this could be accomplished by government programs and government policies. (IV) One important New Deal program was known as NIRA, or National Industrial Recovery Act, which gave birth to the National Recovery Administration and the Public Works Administration. The primary purpose of this program was to put people back to work. (II) Between the years of 1933 and 1934, employment rose by 2.5 million jobs, a substantial gain in the war on unemployment. The success of this program is twofold. By putting people back to work, they earn wages, which can then be used to purchase goods produced by companies-a continuous cycle of money. Such programs were extremely beneficial to the welfare of the nation. Another marvelous invention from Big Government New Deal pro grams was the advent of the Government Bank Deposit Insurance, which insured all bank accounts up to $2500. This measure was relatively new, and aided in the restoration of faith in banks, savings and commerce. (VI). Before this undertaking, the government had very little, if anything at all, to do with the personal savings of citizens. Now, their savings were secure. .u1a17abebe0b2d14607f138cc97279cd7 , .u1a17abebe0b2d14607f138cc97279cd7 .postImageUrl , .u1a17abebe0b2d14607f138cc97279cd7 .centered-text-area { min-height: 80px; position: relative; } .u1a17abebe0b2d14607f138cc97279cd7 , .u1a17abebe0b2d14607f138cc97279cd7:hover , .u1a17abebe0b2d14607f138cc97279cd7:visited , .u1a17abebe0b2d14607f138cc97279cd7:active { border:0!important; } .u1a17abebe0b2d14607f138cc97279cd7 .clearfix:after { content: ""; display: table; clear: both; } .u1a17abebe0b2d14607f138cc97279cd7 { 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; } .u1a17abebe0b2d14607f138cc97279cd7:active , .u1a17abebe0b2d14607f138cc97279cd7:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1a17abebe0b2d14607f138cc97279cd7 .centered-text-area { width: 100%; position: relative ; } .u1a17abebe0b2d14607f138cc97279cd7 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1a17abebe0b2d14607f138cc97279cd7 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1a17abebe0b2d14607f138cc97279cd7 .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; } .u1a17abebe0b2d14607f138cc97279cd7:hover .ctaButton { background-color: #34495E!important; } .u1a17abebe0b2d14607f138cc97279cd7 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1a17abebe0b2d14607f138cc97279cd7 .u1a17abebe0b2d14607f138cc97279cd7-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1a17abebe0b2d14607f138cc97279cd7:after { content: ""; display: block; clear: both; } READ: 20s And 30s EssayNear the middle of the decade, the New Deal program came under heavy criticism from the public. Many programs, though geared for the long-term gain, were being seen as failures in only their third and fourth years. Though many saw the New Deal as failure in its later years, Roosevelt stuck his policy as evinced in his 1936 Chicago Speech (VII). The goals made at the onset of his administration had been attained, and Roosevelt saw no reason for worry. The ideas of the New Deal and Big Government were succeeding. Without the injection of a larger government into the affairs of national business, many of the events throughout the decade of the Thirties most l ikely would not have taken place, therefore prolonging the Great Depression. The services and programs provided by Roosevelts New Deal big government had brought the country out of the dark recesses of unemployment and returned it to the track to economic stability and prosperity. Without the New Deal and a larger government, the Great Depression couldve been even greater. Bibliography:DOCUMENTS I. John Maynard Keynes, New York Times June 10, 1934The notion that, if the government would retire altogether from the economic field, business, left to itself, would soon work out its own salvation, is to my mind, foolish.II. President Franklin D. Roosevelt, Fireside Chat of June 16, 1933The law I have just signed was passed to put people back to work, to let them buy more of the products of farms and factories and start our business at a living rate again. This task is in two states; first, to get many hundreds of thousands of the unemployed back on the payroll by snowfall and, second, to plan for a better future for the longer pull. While we shall not neglect the second, the first stage is an emergency job. It has the right of way.III. President Franklin D. Roosevelt, Fireside Chat, May 7, 1933Two months ago we were facing serious problems. The country was dying by inches. It was dying because trade and commerce had declined to dangerously low levels; price s for basic commodities were such as to destroy the value of the assets of national institutions such as banks, savings banks, insurance companies, and others. These institutions, because of their great needs, were foreclosing mortgages, calling loans, refusing credit. . . .IV. President Franklin D. Roosevelt, Inaugural Address, March 4, 1933Our greatest primary task is to put people to work. This is no unsolvable problem if we face it wisely and courageously. It can be accomplished in part by direct recruiting by the Government itself, treating the task as we would treat the emergency of a war.V. Incumbent President Herbert Hoover, The State Papers Other Public Writings of Herbert Hoover October 31, 1932Our economic system has received abnormal shocks during the last three years, which temporarily dislocated its normal functioning. These shocks have in a large sense come from without our borders.If they (these changes towards Big Government) are brought about, this will not be the America which we have known in the past.VI. President Franklin D. Roosevelt, Fireside Chat, October 23, 1933 The Government Bank Deposit Insurance on all accounts up to $2500 goes into effect on January first. We are now engaged in seeing to it that on or before that date the banking capital structure will be built up by the Government to the point that the banks will be in sound condition when the insurance goes into effect.VII. President Franklin D. Roosevelt, Speech, October 14, 1936What was it that the average business man wanted government to do for him- to do for him immediately in 1933?1. Stop deflation and falling prices- and we did it. .u00e1661d255ba00341898057e94734f1 , .u00e1661d255ba00341898057e94734f1 .postImageUrl , .u00e1661d255ba00341898057e94734f1 .centered-text-area { min-height: 80px; position: relative; } .u00e1661d255ba00341898057e94734f1 , .u00e1661d255ba00341898057e94734f1:hover , .u00e1661d255ba00341898057e94734f1:visited , .u00e1661d255ba00341898057e94734f1:active { border:0!important; } .u00e1661d255ba00341898057e94734f1 .clearfix:after { content: ""; display: table; clear: both; } .u00e1661d255ba00341898057e94734f1 { 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; } .u00e1661d255ba00341898057e94734f1:active , .u00e1661d255ba00341898057e94734f1:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u00e1661d255ba00341898057e94734f1 .centered-text-area { width: 100%; position: relative ; } .u00e1661d255ba00341898057e94734f1 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u00e1661d255ba00341898057e94734f1 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u00e1661d255ba00341898057e94734f1 .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; } .u00e1661d255ba00341898057e94734f1:hover .ctaButton { background-color: #34495E!important; } .u00e1661d255ba00341898057e94734f1 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u00e1661d255ba00341898057e94734f1 .u00e1661d255ba00341898057e94734f1-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u00e1661d255ba00341898057e94734f1:after { content: ""; display: block; clear: both; } READ: Christian Holidays Taken from Wiccan/Pagan Sabbats Essay2. Increase the purchasing power of his customers who were industrial workers in thecities- and we did it. 3. Increase the purchasing power of his customers on farms- and we did it4. Decrease interest rates, power rates, and transportation rates- and we did it. 5. Protect him from losses due to crime, bank robbers, kidnappers blackmailers- and wedid it.VIII. President Franklin D. Roosevelt, Fireside Chat, July 24, 1933 For many years , the two great barriers to a normal prosperity have been low farm prices and the creeping paralysis of unemployment.