Operation Hope unethical partnership decision with Union Bank and Nix Essay

Operation Hope unethical partnership decision with Union Bank and Nix Check Cashing - Essay Example Union Bank of California has entered in to partnership with Operation Hope which is a non-profit making organization and also Nix Check Cashing to offer financial services to low-income households. Many residents have low incomes thus consider savings-oriented services less attractive. Bryant of Operation Hope is initially reluctant to join the Union/Nix ownership model that includes financial literacy and market opportunities for Union Bank. Surprisingly, Operation Hope becomes the first non-governmental organization to sell 40 percent of its Hope Center in Willowbrook to a financial institution. This partnership links a bank which provides high interest payday loans to Operation Hope that is supposed to safeguard the welfare of the community b y providing services to low income households. The banking officers are reluctant to offer short term loans. The partnership may expose customer privacy information since Union Bank may share customer confidential information with Nix and Ope ration Hope. Nix employees are inefficient and have to give a 10 day waiting period before processing the loans. According to Union Bank, the aim of the partnership is to create 6,000 new bank customers and provide 750,000 ATM transactions (Bradley 7). Though from the Union Bank should comply with 1977 community Reinvestment Act by meeting the credit needs of communities. Nix alliance has compromised the role of Operation Hope since it cannot play a public watchdog role while it is a partner to the partnership. The construction of the partnership is aimed at ensuring profitability and success of Union Bank and Nix Check Cashing. The partnership agreement between the three institutions is unethical. The partnership is geared at increasing the profitability of Union Bank and meeting regulatory requirements like Community Reinvestment Act which requires Union Bank to offer services to communities (Bradley 7). Virtue ethics According to virtue ethics, the current state of affairs is une thical since it is not guided by ethical virtues. The virtues of Operation Hope management require them to act in a virtuous manner and act as community watchdog. Operation Hope as a non-profit institution should not enter in to a partnership which seeks to exploit the local low income households by providing expensive financial services. Operation hope should have avoided a partnership that has the potential of exposing private customer information and contravening human dignity virtues. In order to safeguard community welfare, Operation Hope should display virtues such as integrity, compassion, wisdom and courage and reject any partnership that seeks to provide expensive loans to low income households. According to Aristotle, the virtue ethics will consist of the mean between the extremes of excess and deficiency which are vices but some actions have no extremes like murder since it is virtuously wrong (Bowie 87). According to Aristotle, pleasure will impede ethical choices. For i nstance, the management of Operation Hope has acted with fear in order to uphold the partnership instead of safeguarding the community welfare. Union Bank is also unethical in its decision to partner with Nix and Operation Hope since its main objective is to adhere to requirements of Community Reinvestment Act and increase market share and profitability and not to provide the cheap loans required by the low income households. Union Bank decision is unethical since it only wants to increase market share at the expense of the society welfare. The decision of Operation Hope to join the partnership has been motivated by the pleasure of being associated with Union Bank which is a reputable Wall Street institution and Nix which is well known for cashing services. The partnership is unethical since it only promotes profit interests of Union Bank shareholders and not common interests of the low income ho

What caused Weimar German to suffer such extreme economic dislocations Essay

What caused Weimar German to suffer such extreme economic dislocations - Essay Example In an examination of the timeline and developments during the Weimar Republic, it is easy to understand how the failure of the democratic experiment in Germany at this time did not sum up the state’s capacity to govern itself under such a pluralist system. Much of it has to do with the economic collapse that has single-handedly torn down all the institutions and factors that have held the democratic system together. This paper will investigate what led to the Weimar Republic’s economic collapse. In the process, it is expected that such examination would help to better understand the regime and its significance in the development of the German state afterwards. The Weimar Republic certainly was doomed to ill-fate from the moment of its inception because it was associated with the country’s humiliating defeat during World War I. According to a scholar, the turbulence of the post-War situation and the fragility of the political climate contributed to the weak government: Stable democratic government was in jeopardy throughout the life of the Weimar Republic. The country was governed by unpopular minority cabinets, by internally weak Grand Coalitions, or finally, by extra-parliamentary authoritarian Presidential Cabinets.1 An interesting insight was offered by Van Mises (2008) in his analysis of the Weimar’s collapse, he posits that democracy was not attune to Germany’s needs and interests as a country, at least during the regime’s period. He argued that democracy is adequate to smaller countries, whose independence is safeguarded by the mutual rivalries of the great powers, or, to nations like England and the United States, which are sheltered by their geographical locations. Van Mises stressed that Germany do not enjoy these advantages: Germany is surrounded by hostile nations; it stands alone in the world; its borders are not protected by natural barriers; its security is founded on its army†¦ It would be

John Deere Time line Essay Example for Free

John Deere Time line Essay Deere married his first wife, Demarius Lamb, in January 1827. The newlyweds perceived to have 5 children, Francis Albert, Jeanette, Ellen, Francis Alma and Charles. Demariuss past away and Deere married Lucinda Lamb, in June 1867. They had four children together Emma, Hiram, Alice and Mary. John Deere was an Illinois blacksmith from the Midwest and inventor. John Deere realized the wood and cast iron plow invention currently being used was weak and not working to its full ability. 1837- John Deere invents the first steel plow in his shop located in grand detour, IL. This let the pioneer farmers cut cleaner and faster furrows through the Midwest’s sticky prairie soils. 1838- John Deere evolved into John Deere, manufacturer co. 1842- John Deere business added retailing, taking orders for the patent Cary Plow. 1843- Deere and Leonard Andrus become co-partners in the art and trade of blacksmithing, plow-making and all things thereto†¦ 1848- The growing plow business moves to Moline, Illinois, 75 miles southwest of Grand Detour. Moline offers water power and transportation advantages. Deere chooses a new partner, Robert N. Tate, who moves to Moline and raises the rafters on their three-story blacksmith shop by July 28. 1849 A work force of about 16 builds 2,136 plows. 1852 Deere buys out his partners. For the next 16 years, the company is known variously as John Deere, John Deere Company, Deere Company, and Moline Plow Manufactory. 1853 Sixteen-year old Charles, Deeres only living son, joins the firm as a bookkeeper following graduation from a Chicago commercial college. 1858 The business totters during a nationwide financial panic. Maneuverings to avoid bankruptcy shuffle ownership and managerial arrangements. John Deere remains president, but power passes to 21-year-old Charles Deere. He will run the company for the next 49 years. 1863 The company makes the Hawkeye Riding Cultivator, the first Deere implement adapted for riding. 1864 John Deere obtains the companys first actual patent for moulds used in casting steel plows. Another follows in a few months and a third the next year. 1867 Charles Deere sues Candee, Swan Co., a competitor, for trademark infringement. The case has precedent-setting implications for trademark law. Could Deere preempt the word Moline which it has been using in its advertising, so that no similar product could incorporate it? The ultimate answer is no. The Walking Cultivator is patented in August 1867. Although farmers might prefer riding, the lower cost of this unit makes it sell even though the man has to walk in soft ground while straddling a row of corn. 1868 After 31 years as a partnership or single proprietorship, the concern is incorporated under the name Deere Company. There are four shareholders at first, six within a year. Charles and John Deere control 65 percent of the stock. 1869 Charles Deere and Alvah Mansur establish the first branch house, Deere, Mansur Co., in Kansas City. A semi-independent distributor of Deere products within a certain geographic area, it is the forerunner of the companys current farm and industrial-equipment sales branches and sales regions.

Protecting the Polar Regions From Melting Ice

Protecting the Polar Regions From Melting Ice Should We Protect Environment from Climate Change in The Polar Regions? Kiwoong Lee Thesis Statement: We should protect environment from melting ice in the Polar Regions because if the glaciers of Polar Regions keep melting, we will lose the earth’s ecosystems. These days, reckless destruction of nature by human being has brought ecological catastrophe. For this reason, the Earth has gotten many problems such as destruction of the environment. Melting ice in the Polar Regions is the most important among other problem. Many people are not particularly concerned about melting ice in the Polar Regions because it is too huge. A lot of people out of apathy increase the problem that present the Polar Regions condition. Causes of melting ice in the Polar Regions are destruction of the environment. Thus there are several phenomena like greenhouse and increase carbon dioxide. This situation bring bad thing that increase the temperature, rapid sea-level rise and destroy wildlife habitats. We should protect environment from melting ice in the Polar Regions. Glacier is that polar and alpine regions of the compressed stack of them are a long time ago to move lower by gravity and weight. Ice shelf ice is made up by large chunks of ice. 10persentage of the entire area of ice in Antarctica are labeled as ice shelves. The present Arctic condition is not good because of climate change. â€Å"The Arctic is one of the places where conditions are changing the fastest of any climate system in the world,† says Edward Blanchard-Wriggles worth, a UW doctoral student in atmospheric sciences. â€Å"Current trends are so strong that it takes five years to establish a new mean† (Science Teacher 16). The Arctic is melting so many animal lose their habitation because the Arctic is made up enormous masses of ice. Thus many Polar animals can move possible. However according to NASA (National Aeronautics and Space Administration), North Pole glaciers are melting down very quickly. They are losing their resting area so several kinds of animals is die from a drowning accident. And global warming is also contributing to the rise in sea levels by melting the glaciers of Polar Regions, and inhabitants of coastal area are losing their homes. Some scientists predict the area could be largely ice free in sum mer within years. In response, the Antarctica is not different from the Arctic. The Antarctica is more serious than the Arctic because Antarctica is a continent of land, surrounded by seas. â€Å"Melting at the base of Antarctica’s fimbul ice shelf is driven by warm surface water, as well as intermittent pulses of warmer, deeper water ( Brown 143). Why is melting the natural and anthropogenic factors are factors. The Earth’s axis of rotation is about 20.5 degrees, this is now always constant, but gradually changes to that. Earth’s orbit is an ellipse rather than a circle, do not schedule too. In other words, changing the amount of incoming solar energy the Earth’s temperature may increase did not. Anthropogenic factors are global warming. Of course not cause global warming, environment al issues, but it is not melting because of environment pollution. Melting of glacier is caused by factors that did environmental problem. Global warming emissions from human sources of gree nhouse gas such as water vapor, carbon solar rise in global temperatures is as a result. â€Å"The research involves the Pine Island and Thwaites glaciers on the West Antarctic ice sheet, two of the five largest glaciers in Antarctica. Those two glaciers are important because they drain a large portion of the ice sheet. As they melt from below, they also gain speed, draining the ice sheet faster and contributing to sea level rise. Eventually that could lead to global sea level rise of as much as 6 feet, though that would take hundreds to thousands of years† (Vince Stricherz). It is serious situation because melting of Antarctica is getting faster and faster. Now the Antarctica area is remaining 40persentage of the previous area. Global warming is the biggest cause of melting ice in the Polar Regions. It is kinds of environment pollution. Thus what is the global warming? It means that Earth’s average temperature is about 15degree in the ground to maintain controlled from solar radiation energy. Over the past 20 years, there were 0.5degree a rise in temperature but the mid-21st century predicts 1degree a rise in temperature. This is called global warming. The global warming generates to increase carbon dioxide. Increased carbon dioxide not only warms the climate but it also dissolves in sea water making it more acidic. The global warming has been made, as increased greenhouse gases in the atmosphere absorb radiant energy released to outer space. This is the greenhouse of short-wavelength, which come from outside as the greenhouse effect is long wavelength of light reflection off from the surface, but passage is by absorbing the light of the internal temperature. Carbon dioxide can be called as a main ca use of the greenhouse gases, but Chloro Fluoro carbons, nitrogen oxides, and methane gas are also other causes of them. Due to destruction of the Antarctic ozone, global warming continues to accelerate, so that the glaciers are being melted at the high speed. Because ozone is the thing made by sunlight, the ozone density over the South or North Pole is lower than other latitudes, especially circulation of atmosphere in the winter stratosphere of the southern hemisphere makes a circle around the South Pole. This circulation of atmosphere prevents the middle stratosphere’s air containing lots of ozone from flowing into the center of the South Pole. This phenomenon is similar to that the eye of typhoon is separated from the outside. At the air of Antarctic stratosphere separated in this way, formation of ozone stops during winter without solar energy. Therefore, climate changes; and ecosystem is destroyed gradually. Increased carbon dioxide is one of the problems causes of melting ice in Polar Regions. Carbon dioxide has increased by 1.5ppmv every year; and it seems that the rate of increase also has risen noticeably since 1980. In other words, average degree alteration of the concentration of Carbon dioxide in the atmosphere was in less than 10% before industrialization for one hundred thousand years, but almost increased by 30% in two hundred years, compared before with after industrialization after 19th century. As the change of the world population, economy, technology, and social trend, it is expected that the concentration of greenhouse gases will be changed considerably for many years to come. According to forecast of PCC (Intergovernmental Panel on Climate Change), regarding Carbon dioxide which influence mostly on the atmosphere, under a condition that the world population becomes double by 2100, and that economic growth rate be retained 2~3%, seventy hundred million tons of total carbo n dioxide emissions in 1990 will increase by two hundred million tons in 2100; the concentration in the atmosphere will be more than double by 2030, more than three times by 2100. Moreover, if the carbon dioxide emissions freeze like the level of 1990’s, the time when the carbon dioxide concentration in the atmosphere is double can be postponed, but it was reported that the concentration will increase continuously for next two centuries. Due to this growth of carbon dioxide, the air temperature already increased by 0.3~0.6degree from 1860’s to 1990’s; sea level also grew 10~25cm. Furthermore, it was expected that this changes is getting more noticeable exceedingly, compared with earlier 1900. In accordance with IPCC’s prediction, the air temperature will have increased by 1~3.5degree averagely; sea level will have grown by 15~95cm approximately from 1990 to 2100. Given that the air temperature changed in less than one degree for ten thousand years before industrialization, it can be said that this seriousness of the climate change caused by global warming is so big. As trade winds is getting weaker, the sea surface temperature in the middle pacific ocean near the equator is higher than the normal temperature (23~27degree); so that it is known that the frequent occurrence of El Nino phenomenon is also deeply related to the enhanced greenhouse effect. Depending on whether preconditions is realized or not, there might be a change of accuracy of results; but as this abnormal temperature and the growth of sea level are significant changes, numerous changes that a human-being has never experienced can be brought down by destroying the physical and ecological balance which have been retained so far. As global warming and carbon dioxide are increasing, glaciers have collapsed from every quarter. The melted ice is flowing into the ocean at transcending speed. The reason why sea level grows is that glaciers are white; white color reflects heat very well, so that the heat which the glaciers absorb will be decreased if the glaciers are melted. Therefore, thermal expansion happens because seawater absorbs the heat. For instance, if all of the Antarctic glaciers melted, sea level would increase by 60m. However, this old great ice wall has withstood offenses of global warming many times. Few years ago, scientists thought that the glaciers were so huge and dense that it was not too dangerous forthwith. Nevertheless, according to recent research, it can be predicted how high sea level becomes by simple calculation. The ocean will be wide with a growth of sea surface temperature for next one hundred years. If the entire world mountain glacier melted, sea level would increase more than 30cm . Thus, it is predicted that sea-level will increase by about 1m for the next one hundred years. It seems that the increase is not very noticeable, but more than one hundred million people are still living in lower than 1m’s sea level altitude. Many cities should invest an astronomical expense to establish a line of shore defense. According to climate change receive threat the Polar Regions ecosystem. Animals and microbial receive the highest damage. For example, polar bear lost their rest area as glaciers disappear. The polar bear will die out because it is getting more difficult for them to hunt prey. The microbial in Antarctica not differ because they decrease their number of an individual. If food chain is broken by environment, the Earth ecosystem will have a great damage. In conclusion, the Polar Regions is damaged their ecosystem by people out of apathy. We should protect from climate change in Polar Regions because our place to find peace is on the road to extinction. So that’s problem we will solve in the future. Many people participate to protect from climate change in Polar Regions. There is some several remedy such as conserving electricity, planting a tree in order to reduce carbon dioxide and using transportation, etc. we can protect our hands. We should have interest in this problem. Works Cited â€Å"Arctic sea ice (Headline Science: Current News in Science Research)(climate change and the condition to the Arctic sea ice).† Science Teacher. 78. 8. (2011):16-16. Print. Brown, Culum. â€Å"Climate Change: Why Antarctica is melting.† Nature. 487. 7406. (2012): 143-143. Print. Melbourne-Thomas, and Andrew Constable. Etc. â€Å"Testing Paradigms of Ecosystem Change Under Climate Warming in Antarctica.† PLoS ONE. 8. 2. (2013):1-9 Print. Philip L. Munday, Mark I. McCormick and Nilsson Goran E. â€Å"Impact of Global Warming and Rising CO2 levels on Coral Reef Fishes: what hope for the future?† Experimental Biology, 13 August 13: 1. Web. 1 June 2014. Vince Stricherz. â€Å"Tropical Sea Temperatures Influence Melting in Antarctica† LexisNexis Academic. 6 June 2011: 1. Web. 29 May 2014.

Rip Van Winkle: A Classic Tale of Passive Resistance Essays -- Rip Va

In this classic tale Rip Van Winkle is portrayed as one who is a victim of circumstances beyond his control. A further reading may perhaps reveal a different Rip Van Winkle, one who pursues an avenue of passive resistance in response to a life which he feels is beyond his control. Passive Resistance is usually connected with such famous people as Henry David Thoreau who developed the principal of civil disobedience. For Thoreau, the idea was to choose not to support governmental taxes and policies that he felt were wrong. This theme was later used by Mahatma Gandhi in his fight for Indian independence. In the 1960’s this method was used by Dr. Martin Luther King Jr. to bring racial injustice to the public’s attention. In all of these cases, the men who followed the ideal of passive resistance were prepared to suffer the consequences of their actions in order to draw attention to their causes. One can find similarities between Rip Van Winkle’s actions and the actions of those who pursue passive resistance. In Rip’s case, the "governing" authority that he was struggling with is represented by the responsibilities in his life. This is very clear when one compares his own farm to those of others at that time. He did not care for his farm as was expected of him. Rather, he pursued a life that one at the time would have considered slothful, discussing current events with his friends, befriending local children and animals and doing various favors for neighbors while his own property suffered. When confronted by his wife, his response was neither to argue nor to change his behavior. A simple silent shrug of the shoulders was all the response he offered. In all of this, Dame Van Winkle has been portrayed as the villain. H... ...urns 20 years later after his wife is dead, he does not take responsibility for his departure. Instead he concocts a story showing how this situation was totally out of his control. Rather than admit that he was not able to fulfill his responsibilities or that his wife was a shrew and he could no longer tolerate it, he makes up a story about being asleep in the woods. He then returns to his previous life. Curiously, the community and even his own daughter do not appear to seriously question his explanation. Whether this is due to their collective superstition or whether they inwardly understood his need to remove himself from a difficult marriage, it is not clear. What is clear, is that Rip Van Winkle failed to support his family and then abandoned them. He chose a path of flawed passive resistance which did not accept the consequences of his actions.

ATA Airlines :: essays research papers

On October 23, 2004 ATA Airlines filed for bankruptcy. The Indianapolis-based carrier also said it has agreed to sell its hub at Chicago’s Midway Airport to AirTran, one of its major competitors, for $87.5 million dollars. Like other airlines operating in bankruptcy, AirTran said it will maintain its full flight schedule and honor its frequent-flier commitments. The tenth-largest U.S. airline by traffic, ATA joins United, US Airways and Hawaiian Airlines in bankruptcy. ATA is the first major low-coﴱᄃst airline to seek bankruptcy protection. It has long been having difficulties by its costly leases, estimated to be about $100 million dollars per year over prevailing market rates. ATA will turn over its slots at New York’s LaGuardia and Washington Reagan National Airport to AirTran and will fly fifteen of its aircraft on AirTran behalf for six months. ATA has not arranged financing during bankruptcy but Chairman J. George Mikelsone said the AirTran deal would provide immediate cash infusion while he lines up financing elsewhere. ATA lost $90 million dollars in the first half of this year on revenue of $778 million dollars.   Ã‚  Ã‚  Ã‚  Ã‚  ATA Airlines is trying everything they can to have their company. But they are going to have to wait it out. Some of their opinions is to reorganize, return to profitability, settle their debts, and be released from bankruptcy; or they could go out of business and have their assets auctioned off under court supervision to pay as many of their remaining debts as possible.   Ã‚  Ã‚  Ã‚  Ã‚  They say that the bankruptcy could probably go on for many months, perhaps for years. Some airlines, such as Continental Airlines and American West, have reorganized under bankruptcy protection, and are still operating. Several others in the USA, and more in other parts of the world, have gone out of business, sometimes after being in and out of bankruptcy repeatedly.   Ã‚  Ã‚  Ã‚  Ã‚  Many people had questions about if they bought tickets for an airline and then they went bankrupt what should they do? They need to wait and see. You can’t get retroactive insurance. Also be prepared for schedule changes, flight cancellations, or other disruptions of your plans, before or during your trip, possibly with little or no warning. Another thing is if you have electronic tickets, consider going to the airline’s ticket counter at an airport, or one of its city ticket offices, and paying to get your ticket converted to paper tickets.

Image of Faith in Islam Essay

This paper elucidates the meaning of faith in Islam and the image and branches related to it. The paper is based on the saying by Prophet Mohammad P. B. U. H regarding faith and the branches of faith. The seventy branches mentioned in the saying and the highest and lowest of these branches are discussed in this paper. The highest branch mentioned is to believe and say that there is no God but Allah and the lowest of these branches is to remove a harmful object from the path. Muslims follow this saying in various ways and this is reflected in other sayings from the Prophet and in the Quran. The meaning of faith has been depicted in various verses of the Quran and different sayings of the Holy Prophet P. B. U. H. Muslims follow this saying as an approach to carrying out the day to day functions of life. According to the saying by Prophet Mohammed P. B. U. H â€Å"Faith has over seventy branches, and modesty is a branch of faith† (Muslim, 1971). This meaning of faith for Muslims is very important as it provides them with a code of life. The number sixty or seventy does not mean an exact number of branches it just implies that in Islam the branches of faith are multiple. The highest branch is to say there is only one God frees a human being from worship to all other deities like idols, animals or any other being. This is the foundation of Islam which indicates there is no God but Allah and Muslims worship only one God. It should be noticed that modesty has been given special emphasis in the saying by the Prophet P. B. U.  H; it is mentioned because it provides protection against deeds like theft, adultery, abusive language and other such wrong doings (As-sidq. org, 2006). The Muslims lead their lives based on this very saying as the highest and lowest levels or branches of Islam are mentioned as the belief in one God and the removal of a harmful object from the path, this would mean anything between these branches is the code of life for the Muslims. This is symbolic to Islam as this provides the overall functionality of people who follow Islam. Islam is depicted as a religion of peace and harmony. If we consider the last branch which is the removal of a harmful object from the path signifies the wellbeing of other people who might use the same path at a later time. If this is the lowest branch then the higher branches would have more consideration for the well being of other people and this is the core of Islam. Islam is a religion symbolic of consideration and courtesy for others and all Muslims are regarded as brothers to each other. If all the Muslims have the same consideration for one another then Islam as a society would be an entity where people live to achieve harmony through cooperation and coordination.