America Needs the DREAM Act Essay example -- Argumentative, Persuasive

Illegal immigration has been a constant topic of debate in politics. For years now, politicians have tried to create an immigration reform that will encompass all problems dealing with illegal immigration. According to an article in the Economist (2010), there are four major immigration problems that the country is trying to focus on solving; these are: securing of the nation’s borders in order to prevent more illegal immigration, expanding the number of high-skilled foreigners that America allows in and keeps, finding a way to ensure an adequate supply of â€Å"unskilled workers, perhaps through a guest-worker program†; and finding a solution for dealing with the 11 million illegal immigrants currently living in the United States. Till this day no one has been able to find the best solution to the growing problem, altogether. However, within the last decade, people such as Senator Richard Durbin and Representative Howard Berman have introduced a bill called the Develo pment, Relief and Education for Alien Minors (DREAM) Act, into Congress which aims â€Å"to provide legal status and educational opportu ¬nity to those who entered the United States as minor children† (United States conference of Catholic Bishops , 2010). Although this act does not fully solve the broken immigration system, it is one step closer to achieving a solution for the fourth issue previously mentioned. This paper will go on to give a detailed description of the DREAM Act, as well as its history through Congress. This will be followed by the explanation of the opposing views on this issue. Finally, the paper will reference the different laws and regulations that impact this issue as well as court cases that have dealt with the issue of immigrant education. Through t... ...2011, November 10). The Oyez Project at IIT Chicago-Kent College of Law | A Multimedia Archive of the Supreme Court of the United States. Retrieved November 13, 2011, from http://www.oyez.org/cases/1980-1989/1981/1981_80_1538 SB1070 - 492R - Senate fact sheet. (2010, January 15). Arizona State Legislature. Retrieved November 13, 2011, from http://www.azleg.gov/legtext/49leg/2r/summary/s.1070pshs.doc.htm The DREAM Act: Creating economic opportunities | Immigration policy center. (2010, November 18). Immigration Policy Center. Retrieved November 10, 2011, from http://immigrationpolicy.org/just-facts/dream-act-supporting-us-economy-creating-opportunities-immigrant-students What is AB 540? AB 540 Handbook. (n.d.). California State University, Long Beach. Retrieved November 11, 2011, from http://www.csulb.edu/president/government-community/ab540/handbook/what.html

A Rose for Emily: the Characteristic of Miss Emily

Emily’s â€Å"Rose† The characteristic of Miss Emily’s house isa symbol for her appearance as she starts aging and deteriorating with time and neglect. â€Å"It was a big, squarish frame house that had once been white†¦Ã¢â‚¬  Then it became an â€Å"eyesore among eyesores†. Miss Emily changed the same ways as her house did and she too became an eyesore. She had once been â€Å"a slender figure in white† and later she becomes â€Å"bloated, like a body long submerged in motionless water with eyes lost in the fatty ridges of her face†. During Miss Emily’s death she had been referred to as a â€Å"fallen monument†, which could mean she was once something beautiful and prosperous but with time she grew old and poor. These same changes from prosperity to poverty occurred in the South after the Civil War. (Faulkner 521-527) The mailbox is another symbol that leadsyou to believe Miss Emily is still living in her post bellum era when she was in her prime with her father. The mailbox is Emily’s refusal to move forward, it is a visual representation of the communication she has severed, for her time stands still. She will not allow the town to put a house number on her home for the free postal service. She also tells the tax collectors to talk to Colonel Sartoris (who has been dead for ten years) to resolve her problem that she doesn’t pay taxes. This shows Miss Emily’s, maybe even shows the South’s neglect of time and desire to live in the past. (SparkNotes Editors) The symbolism for the â€Å"rose† which in my opinion is the most intriguing symbol throughout the whole story is actually the symbol for the ending that includes Emily murdering her â€Å"sweetheart that went away†. Homer is Emily’s rose, roses are often acquainted with love, seeing that the rose was preserved we can take it to mean that Emily wanted to preserve the rose and thus also mean she would like to preserve her love. The â€Å"rose for Emily† was the room where she neatly placed the body of Homer Barron (her sweetheart), or possibly just Homer himself. The room was described as having â€Å"rose-shaded lights† and the curtains giving off a â€Å"faded rose color†. Knowing from having a girlfriend, many women like to dry out their roses in order to keep them forever, maybe in Emily’s distorted mind she wanted to keep Homer forever. (SparkNotes Editors) Faulkner uses crafty symbolism for the sake of the story itself, and also takes it a step further by using the changes of Emily Grierson as a symbol for the changes in the post-bellum south. Creatively Faulkner uses the unordered chronology to set the stage of the fallen south, which just wants to keep holding on the past when it reigned. Work Cited

The Difference Between A Club And A Gang Essays - Free Essays

The Difference Between A Club And A Gang Essays - Free Essays The Difference Between a Club and a Gang The differences between a club and a gang, are quite distinct, but it is the connotational differences between these two words which distinguishes one from the other. The New Lexicon Webster's Dictionary of the English Language defines a club as; "...an association of people with some common interest who meet periodically..." It defines a gang as "...a number of men or boys banding together, esp. lawlessly..." This definition is traditionally slanted toward applying to male youth, and stereotypical gangsters, from the Mafia to street criminals. Persons who often have a negative attitude toward youth see gangs. Often individuals form gangs out of fear and for the protection of their members whether they are the Bloods and Crips of Los Angeles or the Sharks and the Jets of "West Side Story." Gangs may not possess a set of formal written rules, but all of them have their own sets of customs or conditions. Gangs may or may not be facilitated in a branch of higher and lower members, mimic king a military model. Gangs often have a loosely defined set of goals, and are often involved in delinquent activities. A socially approved form of a gang is a club. Americans generally view clubs as character building leadership opportunities; whereas, individuals typecast into gangs are persecuted as criminals. Clubs are formed with constructive goals in mind, such as making it easier for its members to find parts for a particular brand of automobile. Socioeconomic class, academic achievement, or perceived roles in society for its members all play a part in the preferential treatment given to a group which a society deems a club rather than a gang. For instance, parts of the public anticipated that motorcycle riders would cause a massive rise in crime within the Hollister area during the motorcycle rally. This led to a reactionary response from local law authorities. The event, unlike previous occasions, ended without major incident. Perhaps now people are more apt to view motorcyclists as a club instead of a gang. Additionally, it is a fact that working class people are more likely to be arrested, and therefore, in groups and when typecast into gangs may be expected to commit more crimes or be criminal; the self-fulfilling cycle continues. Morgan Glines October 3, 1996 English AP

Underwriting and Underpricing Essay Example

Underwriting and Underpricing Essay Example Underwriting and Underpricing Essay Underwriting and Underpricing Essay Underwriting spread represents the net proceeds that the underwriter will realize from the investment. It is the difference between the price per share that is paid to an issuing corporation by an underwriter or underwriting group, and the public offering price that the underwriter offers to the public. While traditionally the underwriting spread was viewed as compensation for underwriting the issue, it now has been introduced as an incentive fee where it act as bonus for investment bank when they performance better than expected.There has been evidence of clustering of spreads internationally, in the US spread is clustered at 7%( Chen+Ritter 2000), in Hong Kong 95% of fees are clustered at 2. 5%( torstia 2003) and in Europe fees range from 3-4%. In general, the more clustering presented in a country, the smaller the spread, vice versa. Furthermore, Esho et al (2004) analyzed the underwriting spread in Euro market found out that there is a positive and direct relationship between the fee charged by the investment banks and the reputation of the investment bank. (link to underpricing Underpricing refers to the first trading day closing price typically exceeds price at which the shares were offered to the public. Over 20 years, researchers investigated the underpricing puzzle associated with initial public offerings (IPOs). Ibboston1975, Ibbostson and Jaffe 1975 and Ritter 1984, among others, all document convincing evidence that initial public offerings are, on average underpriced. There are sufficient evidence of underpricing in UK (increase over time, from 3. 8% to 19%, Chambers and Dimson 2009), USA (40% between 1999-2003) and internationally(gt;15%).Visas offering in March 2008 is a good example of how IPOs are strategically underpriced. Although the IPO of Visa was an almost certain success, the price was kept at a low $44. As buyers ran in, the stock jumped to $69 and, although it fell back to $56. 40 by the close, there was a 28. 4% underpricing, thus lea ving a huge amount of the issuer’s money on the table. However, compared to the overpricing Facebook 2012 which made investors unhappy and damage the bank’s reputation, it can contribute to the reason why underwriters underprice the shares. Therefor it is clear that both underpricing and underwriting spread are costs for the issuer.Chen and Ritter (2000) explained the cost, by stating that underwriting spread was the direct compensation for IBs underwriting the issue and the level of underpricing was an indirect compensation. Smith (1986) also argued that the issuer seeks to maximize the issuer proceeds when it sells securities in an underwritten issue, and is not separately concerned about the underwriting spread or the offer price. Although underpricing and spread are both costs to issuers, issuers still consider the underwriting spread and underpricing together in an IPO based on the following reasons.The issuer’s objective is to minimize the underpricing and spread costs associated with its IPO of its common equity. More concerted effort by the underwriter or the choice of underwriters could reuce the underpricing costs associated with the offering. For instance, banks that specialize in underwriting firms from certain industries, or reputational investment banks may provide greater certification value for firm’s IPO and hence reduce its underwriting costs. In return, such banks could be expected to demand a higher spread as compensation.The spread could also be a function of the risk associated with the security and the size of the offering among other factors. If we consider the spread and underpricing from the underwriter’s view, according to the principal-agent theory, underwriter faces a trade off between the level of underpricing and the fee. This is because if they underprice they face less risk of not being able to sell the issue, but the fee can be dependent on the value of the issue. This shows there is a trade off between spread and underpricing.And the theory suggests the issuer should delegate the decision of deciding the fee and the level of underpricing to the underwriter so they can balance the costs. Because the issuers do not have enough information, do not actually decide. This view can be supported by early studies focus on asymmetric information, which is one of the reasons of underpricing. Baron (1982) argues that asymmetric information exists between underwriters(better informed) and the issuers(less informed), therefore, underwriters are able to price new issues below the market equilbrium to reduce the probability that they will absorb losses due to unsold shares.Another theory which is the efficient contract hypothesis, whereby banks do not compete on the fee/spread, this is fixed, but compete on other quality variables such as underpricing certification and reputation. This once again highlights there is a relationship between spread and underpricing, as if spread is fixed , underpricing is a means for competing against other underwriters. Evidence of this was found by Honsen (2001) where____ issues where spread was fixed at 7%, there was a higher variation of underpricing, suggesting underwriters were competing on underpricing as they were not on the spread charged.Both principal-agent theory and efficient contract hypothesis showed evidence that there is negative correlation between spread and underpricing. However, Kim et al. found out that there is strong evidence that over the long term, underpricing and underwriting spreads are positively related. In particular, low-quality issuers are charged both higher underwriting spread and initial returns as compared to high-quality issuers. This was specifically prominent in low quality issuers who were charged fee of 7. 3% and underpricing of 45. 21%, whilist high quality issuers were charged fees of 7. 39% and underpricing of 18. 92%. This suggests a complementary relationship between spread and underpr icing particularly for low quality issuers. However, Yeoman(2001) suggested net proceeds maximisation theory, whereby the spread and underpricing are substitutes and negatively related. The found evidence of this in his research of IPOs from 1988 to 1933, where there are trade offs that the underwriter must decide between.This was further supported by Ljungquist(2003) who also found a negative relationship between spread and underpricing and therefore as initial returns increased the spread decrease and vice versa. Therefore, there is mixed evidence on ____initial returns and underwriting spreads in IPOs are complements or substitutes, ___evidence found of both a positive and negative effect. However, it is clear that there is a strong relationship returns, that must be managed by both issuers and underwriters.

Development of an integrated marketing communication mix strategy for Essay

Development of an integrated marketing communication mix strategy for an IT brand such as HP or intel planning to enter a new but very competitive market such as Russia or China - Essay Example Shanghai and Beijing have been significantly analyzed in the report as the initial base for the company. Integrated Marketing Communication (UMC) has shown substantial effects on business world especially with respect to the international networks of multinational companies (Gould, Grein, & Lerman, 1999; Kitchen & Schultz, 2003). It has been considered as one of the major developments of communication of the last phase of the 20th century (Kitchen & Schultz, 1999, p.34) and thus most organizations claim it as the key competitive advantage of their marketing strategies. Duncan (2005) defines the terms IMC as a â€Å"collective term for all the various types of planned messages used to build a brand†, marketing communication integrates advertising, public relations, sales promotion, direct marketing, personal selling, packaging, events and sponsorships, and customer service† (Duncan, 2005, p.7). Due to numbers of factors, the significance and recognition of IMC has grown up. These factors include the increasing trends in media fragmentations (Kotler et al. 2005), increasing segmentation of consumer needs (Schwartz, 2001), easy access to consumer database (McGoon, 1999 & Reich, 1998), and the development of a brand’s image-based equity (Schultz 1999 & Wood 1997). Besides application of IMC related to consumers, most of the authors agree that it has significant application to target non-consumer stakeholders as well like employers, investors, and regulators (Belch, 2002). Kitchen (2003) argues that corporate communication and IMC has substantial implications for the cost-effectiveness of particular organizations. Corporate communication targets the stakeholders by applying advertising campaigns, financial relations, and by offering corporate sponsorships (Semenik, 2002), while non-customer stakeholders are targeted to brief

What Being A Leader Means To Me Essay Example | Topics and Well Written Essays - 500 words

What Being A Leader Means To Me - Essay Example A good leader inspires confidence in their followers. When I was captain of the football team, my fellow teammates were confident in my leadership. When I would go over plays, my teammates knew I had the best interest of the team at heart. When my plays would be successful most of the time, my teammates grew more confident in my leadership. I knew that I was responsible for successful plays. The whole team looked to me. That meant hard work on my part. In order to inspire confidence, I had to offer successful plays. This was accomplished by researching other teams, not to mention the hours of plays I watched on video. I put in hours and hours in order to inspire confidence from my teammates. The second part of being a leader is setting example by actions, not just words. My teammates and I had to endure grueling practices. Some of my teammates might get injured and sit out on practices. I did not have that luxury. In order to set an example by action, I had to endure despite the pain, fatigue, and my body’s weakness. I had to continue in order to inspire my team. If I quit over an injury or fatigue, then I could never ask my teammates for one hundred ten percent, because I did not live up to that standard myself. If my teammates did twenty laps, I had to do twenty-one in order to prove I was a leader. I had to make every practice, or not expect my teammates to make every practice. Actions speak louder than words. My leadership is an action orientated leadership. Finally, as a leader I did make mistakes. Sometimes my plays were not always successful. Instead of blaming a teammate, I would accept the responsibility. However, when I made a mistake, I would learn from that mistake. If a certain teammate could not catch the ball, I did not put him in the position to catch the ball. Every individual has weaknesses and strengths. I would play to the

Women and Society Assignment Example | Topics and Well Written Essays - 250 words - 2

Women and Society - Assignment Example (333-340). Is the society ready to embrace the same sex marriages? The part on To Whom Much is Given, Much is Expected is an interesting one and it keeps explaining how enlightened women are constantly stereotyped as males in the society; some are even discriminated (Kirk & Okazawa-Rey 350-357). I propose that these women be appreciated and even motivated to do more in the society. In this era, the society is expected to change its perspective and even learn that women can do well just as the men have in the previous years. In Women and Men Living on the Edge, it is unfortunate how the economic strains impact the humans (Kirk & Okazawa-Rey 358-360). Worse still, the women suffer more in the case of such economic strains since they bear the burden of the children and even the entire family. The women still remain the disadvantaged group in contrast to their male counterparts. This can also be credited to their being in the private sphere at most times. In my opinion, I believe a family comprises of close persons. This does not mean that these persons need to be related by blood. If one has a very close person or friend that has always been there for their tribulations, then in my opinion, that is a family member. A family is simply a group of people with a common need, not necessarily background. I would justify the differences in pay based on an individual’s certifications. A person that is more learned needs to get a higher pay and vice versa. This is because such a person has a high level of expertise and experience in their work as opposed to a person that rarely upgrades their