Should Social Security Be Privatized Essays - Economy, Finance

Should Social Security Be Privatized Should Social Security be Privatized? Many people dont understand how the Social Security system really works. There are no separate Social Security accounts set up for each taxpayer to which he contributes his Social Security tax each year. Many people believe these accounts exist, that the money they pay into their accounts grows each year until retirement, and when they retire they get back what they paid in with interest. This is not true. Most people are unaware of the fact that our current Social Security system is a pay-as-you-go program, which means that the revenue the federal government raises each tax year for Social Security benefits is paid out that same year to beneficiaries. Many economists believe that our Social Security system is in need of a major overhaul if today's workers are to receive future benefits. Thomas R. Saving, Director of the Private Enterprise Research Center at Texas A&M University says, What is wrong is that the Social Security system was never set up to be a sound investment-based retirement system. Karl Borden, professor of financial economics at the University of Nebraska recently wrote, Social Security is an unfunded pay-as-you-go system, fundamentally flawed and analogous in design to illegal pyramid schemes. Government accounting creates the illusion of a trust fund, but, in fact, excess receipts are spent immediately. Robert M. Ball, former commissioner of Social Security said, Some of the trust fund money should be put into the stock market. I want to do it to get a better return for the Social Security system. Historically, long-term government bonds have had a real return, after inflation, of 2.3 percent a year, compared with 6.3 percent for stocks. Paul W. Boltz, economist for the T. Rowe Price mutual fund said, When we examine the pending financial crisis of our Social Security system, we find, in effect, the characteristics of a government sponsored Ponzi-type scheme. Michael H. Cosgrove, of the Dallas-based newsletter, The Econoclast says, People need to take the responsibility of investing their own funds for their retirement. The Social Security system assumes people can't make that decision and government can do it better. The result is a bankrupt Social Security System. These economists believe that by investing in the private market, someone currently entering the labor force and retiring at age 65 can expect to receive an inflation adjusted retirement benefit from 1.5 to 5.5 times the current social security benefit. Increasing life expectancy and decreasing birth rates have combined to create the crisis the system is now facing. For example, in 1950 there were 16 workers for every social security retiree, while presently there are only 3.3 workers for every retired worker drawing benefits. Estimates are that by 2030 there will be fewer than two workers for every retiree. Privatizing social security sounds extreme, but it has been done successfully in other countries like Chile. Jose Pinera, who was Chile's minister of labor, privatized the state pension system in 1981. It is now giving retirees generous pensions while fueling investment, growth and improving living standards in that country. The heart of the Chilean system is a mandatory savings plan. All workers under age 45 contribute 10 percent of their monthly earnings in special accounts, known as AFPs (Administradoras de Fondos de Pensiones). Workers between ages 45 and 65 could shift to the new system at their option. The funds in AFPs are professionally managed and invested in stocks and bonds. The money may not be touched until retirement, at which time the worker may begin phased withdrawals or purchase an annuity. At the end of 1995 more than $25 billion was invested in AFP accounts. The old Social Security system is being phased out. By 2030 Chile's Social security will entirely be privatized. This system ensures the money a taxpayer pays for retirement goes to helping that taxpayer retire (not others). It ensures the money paid in taxes is invested and grows. It also gives taxpayers choices over their plans and the age at which they want to retire. If the US were to adopt a system like Chile's, we could save our own failed Social Security system and provide real security and peace of mind to everyone. The money paid into these individual retirement accounts is invested, meaning more capital is available to the business sector for investment. An individual would have their very own pension, with their name on it. The government would no longer control the money that the individual paid in to it. It is the individual's account, just like an IRA. It is essentially a government mandated IRA. Only

Shakespeares Theme of Power in Act 1 Essays

Shakespeares Theme of Power in Act 1 Essays Shakespeares Theme of Power in Act 1 Essay Shakespeares Theme of Power in Act 1 Essay There have been suspicions of Shakespeares last play written in 1612, named: Cardenio- a lost play. However the play we know today as the last written in 1611 is The Tempest.Shakespeares main focus was the Theme of Power in The Tempest. Throughout the play the audience encounters power possessed by different characters enabling them to force another character in particular, against their own will. An example of this was the usurpation of Prosperos Dukedom, forced by the King Alonso and his accomplice Antonio. Although Prospero demonstrated his wizardry as an element of power to cause the shipwreck in the opening scene, it had evoked the audiences anticipated responses especially the colonisation of the island.Power is a symbol of competence substantially used to combat against usurpation. It is also expressed through language to convey the feelings of a character. Boatswain defied his noble; challenging his authority and against the inevitable power of nature: Blow till thou burst th y wind. His use of power was selfish as well to disrespect the King; a lack of patriotism. Atmospheric power manifests the scenery of the shipwreck as a dramatic technique to reinforce the audience responses of a vicious storm; hence the link to the title The Tempest.The writer immediately establishes a connection between the Tempestuous noise of thunder and lightning and the tone of language proposed by the characters. Pathetic fallacy arouses our interest of the anger conveyed during the storm to emphasise emotions: A pox o your throat- Sebastian challenges Boatswains power. The effect could be further emphasised if the stage is directed to have a sound of roaring thunder at the instant because it mimics anger.Perhaps the most interesting theme of Power in the first Act is Prosperos discussion about the betrayal of his brother Antonio who usurped his Dukedom. Prospero has used detailed descriptions of Antonio the produce a powerful impression of evil conveyed as Miranda listens. A ntonio is portrayed as a false uncle, this trickery reinforces the betrayal that usurped Prospero. In contrast to his hate for his brother, there is evidence of power of love to his brother: Of all the world I loved- this highlights the betrayal because it deals with the relationship of trust with Antonio and how contradicting it was to be usurped. A use of a metaphor compares Antonio to the image of an ivy- and the actions expressed: sucked my verdure out ont- this portrays Antonio as a living parasite on Prospero. These images help us understand how full of hatred Prospero is towards Antonios treachery. In certain verses Prospero ensures that Miranda is listening: Dost thou attend me?- the audience understands that Prospero could be losing his temper when his daughter is not paying attention; it also denotes that Prospero is consumed by the hate he feels for Antonios betrayal, this is an obsession from him to discuss the betrayal in great detail to Miranda.Prospero describes how t hirsty Antonio was for power: So dry he was for sway.- his downfall of Dukedom aroused his brothers interest: Hence his ambition growing. We understand that hunger for power has tempted the conspiracy of usurpation along with Antonios accomplice Alonso to overthrow Prospero. We learn that Antonio has no sense of guilt for overthrowing Prospero. This underlines the power of manipulation, as he would kill Alonso so that Sebastien will become king. Antonio continually uses metaphors to express his lack of conscience: If twere a kybe Twould put me to my slipper; if he had felt pain, he would not have felt God in his heart. The uses of metaphors inspire his malicious plans for power which is thoroughly conveyed through his determination.Shakespeare also intended to portray power in Prospero through the use of the character Ariel who is his slave. The words Ariel chooses to present himself to Prospero underlines the hierarchy of importance: All hail, great master. Ariel also treats Prospe ro with respect and does not curse him in contrast to Caliban. To thy strong bidding task Ariel- he respects his authority and accepts Prosperos commands. But Ariel intends to be released from Prospero and reminds him of his good deeds: Remember I have done thee worthy service- Ariels ambition is his freedom and not ruled by a master of power. This impression draws our intention to usurpation with a direct comparison with Caliban.There is also power of manipulation when Ariel had sent the King and his nobles to sleep. Since Antonio and Sebastian were convinced to kill the King for Sebastian to claim the throne, Ariel had woken the sleepers in time before the danger of the assassination. In this scene we also see the enduring power of Antonios malicious plans despite Alonso was his accomplice to overthrow Prospero.Caliban claims Prospero had usurped him. Despite his powerlessness he chants a false cursing on him: A south-west blow on ye. His false power engages the readers interest o f Calibans anger over Prospero. Miranda also mimics Prosperos power: Abhorred slave, perhaps she is following her fathers footsteps of sorcery. She uses words to give images of violence: savage and vile race- it helps us understand the hideous and violent nature Caliban has. Caliban has such physical strength of power but is incompetent against Prosperos wizardry: I must obey; his art is of such power.Caliban again had made a cursing of Prospero re-iterating his demonstration of his false power. He accuses that even minor offences are tormented against him, which perhaps is an infringement of his dignity: For every trifle are they set upon me. We are reminded of Calibans powerlessness when he fears that Trinculo may be a spirit from Prospero. On the other contrast, Trinculo hides under the cloak of Caliban who fears the power of the weather: neither bush nor shrub to bear off any weather. It was a deep belief that Gods mood was portrayed by the weather that threatens Trinculo.We gai n insight to the power of love between Ferdinand and Miranda, when they first meet each other. Miranda believes Ferdinand is a spirit- she is admiring Ferdinands beauty and is enthralled. She falls in love for the first time with a stranger; perhaps Shakespeare intended to use a power of love not as a weakness but strength to bind two characters together which is an everlasting relationship that influences the play.Shakespeare explores power when Prospero accuses Ferdinand of usurping him: Thou dost here usurp. Prospero describes Ferdinand as a spy which explains the significance of power used for evil purposes to overthrow him. He also persuades Miranda hes a traitor- creates the impression of betrayal imitating Antonio and Alonso as his accomplice. As Prospero knows Ferdinand is the son of the King, he would believe he is following his fathers steps and so have an identical mind to usurp. Ferdinand believes the King is dead and so he is now King, Prospero cannot allow his power to take control of him. On the other hand Miranda sees Ferdinand in a different perspective- his handsomeness reflects his innocent character. She is therefore bewildered: Why speaks my father so ungently? Shakespeare has indicated that Ferdinand has the desire to love Miranda by his warm compliments to her: Ill make you The Queen of Naples.Prosperos wizardry to stop Ferdinand from moving is a demonstration of his power. Mirandas fear of Ferdinand is portrayed through her words: Make not too rash a trial of him- it illustrates how Prosperos power can be terrifying and tragic for Miranda with a direct link to the beginning scene of her sorrow for the sailors in the shipwreck. Prospero indeed has power over his daughter Miranda: Silence!- there is no questioning that Miranda must obey her father. Furthermore, Prospero could possibly be taking far too much power to control his daughter. He had used his wizardry to make her sleep before the appearance of Ariel- possibly Shakespeare wanted to convey Prosperos impatience.There is Power of Love when Miranda reassures Ferdinand to console him of the incident. Be of comfort- we understand that Miranda cares for Ferdinand. However the Love between the two characters deepens and they both declare love for each other. Perhaps this Power of Love is a microcosm between foreign settlers and Europeans that have a bonding relationship in the 17th Century. Shakespeare particularly intended to portray this power of love that establishes a connection in the culture of our society today. On the other hand Prospero doubts this love between the two: Poor worm, thou art infected. This depiction of love is seen as a disease in Prosperos eyes as if Miranda had caught it. Possibly Prospero had called Miranda a worm to express her vulnerability and the powerless nature of her that Prospero so much controlled her.Shakespeares intention of alcohol used to pollute the minds of consumers is conveyed through Stephano who first introduces it in the play. Perhaps this scene is intended to portray a microcosm of the wide spreading of alcohol in Europe. Alcohol is an addiction to Stephano: but heres my comfort. Stephano tempts Caliban to drink the alcohol as well which poisons his mind into drunkenness. There is a handling of power from Stephano as Caliban intends to become his slave, since he believes that he is a God. Perhaps this is an interpretation of slaves being exchanged for worthy masters that Shakespeare wanted to send a message to. This mimics Calibans loyalty and trust to Prospero when they first met, that Caliban was honest and loyal to him as a servant. However Trinculo denies this power from Stephano : A most ridiculous monster, to make wonder of a poor drunkard.

Authobiographical essay Scholarship Example | Topics and Well Written Essays - 500 words

Authobiographical - Scholarship Essay Example I was born in Russia in a little southern town, Goriachy Kluch. I studied in a local high school and had always been a top student getting positions and certificates. I was also an active participant of my hometown’s Union of the Young Painters and won the best picture contest in my hometown in year 2000. I feel proud to tell that I graduated from high school with the highest honors and received full scholarship for admission in Rostov State University for BA in Finance and Credit. It was like my constant struggle through every thick and thin had started bearing fruit. My teachers and professors always considered me a student worthy of reward. I graduated from the university in year 2007 again with highest honors and received full scholarship for admission in the Masters programme in the same university. Once again, my honesty and hard work was given its due reward. Life had something special in store for me. I met my future husband, got married, and then had to move to the Un ited States with him. Now, it has been two years since I shifted to the US. Since, I had always been the type of person with high goals and ideas, I thought of pursuing my education and career once again. Along with looking after my married life, I made adjustments in my routine and got admission in a college in the Accounting discipline. Thanks to my husband’s moral support and encouragement, I am in my third semester right now. I have clear plans to get my AA degree which would lead me towards my BA degree in Accounting. After that, I plan to pass a CPA exam to become a CPA. Besides this, in order to satisfy my helpful and sympathetic nature, I work as a volunteer helper for an old couple here in California who does not have any relations to look after them. Nothing pleases me more than helping people out especially those who are in dire need of help. My application for scholarship might be plain but is very

My personal Activities Statement Example | Topics and Well Written Essays - 500 words

My Activities - Personal Statement Example In this case, I involved myself in cleaning the community waste since this is the recommended way of presenting environmental problems in the media. I also involved myself in conservation of the environment since it is my major area of interest. When a chance is available, I enjoy working in the field. Also, in the same 2007, I joined in the composition contest at the International Alkema Contest (IACC). I succeeded in the first IACC edition. The composers irrespective of the age could subscribe to the contest. The composition contest contained all styles of preferable classical music with popular music like rock, folk, pop, and jazz. I received the guitar and the piano award after being the best pianist. In 2008, I was among the competitors in the National Mathematics competition. I managed to enter the semi-finals that were much tougher that I could expect. The competition consisted of 20 multiple choices with a two division grading criteria. I managed to win the competition and awarded $1000. In 2009, I engaged in robot composition. As a group of five students, we designed a team brand robot which was programmed to perform instructed tasks. We gained popularity from the competition since it was successful. The robot could do minor mathematical calculations within a restricted time limit. In 2010, I saw old men struggling at homes due to their poor health. I took the priority to join in community volunteer activities in order to nurse the old men at home. Most of the men were unresponsive, depressed, and mentally disturbed due to health and family issues. As a group of volunteers, we were able to nurse them through special guidance. In early 2011, I gave not only a motivational talk, but also an educational guidance basing on career choices among the high school students. I was able to visit Thomas Jefferson High School for science and Technology and Oxford Academy in US for the talk and guidance. In 2012, I joined the

Open and Closed Source and What It Means Essay Example for Free

Open and Closed Source and What It Means Essay Open-Source means it is free. No one owns it, so there is no source code, no key code, and no licensing to purchase. When Linus Torvalds created Linux, he determined that the more people or, the more minds delving into the software can make the system more creative, more improved, and the possibilities are endless. Thus, he gave Linux to the world as a free open-source operating system (Damicon; Linking The Left Brain And The Right Brain: Open Vs. Closed Source, 2003-2009). Open-Source is defined by the code or source code is accessible to person or persons who essentially use it or in IT definition: end-user. The user can revise and refashion or change it, as long as he or she adhere to the standards in the associated license (Damicon; Linking The Left Brain And The Right Brain: Open Vs. Closed Source, 2003-2009). How Open Source is different from Closed Source Closed-Source is owned by someone, or some company, and cost money. The buyer has to pay for the right to use the program, but the buyer does not own it. In the case of Microsoft Windows companies have to purchase licensing rights can purchase keys codes in volume, and individuals pay for their key codes, or rights to use the software or program (Damicon; Linking The Left Brain And The Right Brain: Open Vs. Closed Source, 2003-2009). Closed Source is also defined in that the code or source code is retained and maintained by the designer or developer, and they are the only ones that can make changes to it, analyze it, or scrutinize it (Damicon; Linking The Left Brain And The Right Brain: Open Vs. Closed Source, 2003-2009). Linux Linux is an open-source version of the UNIX operating system. It has been said According to What Is Linux And Why Is It So Popular? (1998-2013), it is as â€Å"much a phenomenon as it is an operating system† (para. 4). The original version or first version of UNIX was created some decades ago and was used mostly as a research operating system in universities. Dynamic desktop workstations from other companies flourished in the 1980s, and were all created from UNIX. Because many companies were trying to compete with each other each of them had, their own version of UNIX and software sales was very problematic. The Linux kernel created by Linus Torvalds, invited help or innovation ideas from others, but the prerequisite was that they had to contribute free. Windows Windows is a computer operating system with a GUI or graphical user interface. It is a personal computer operating system, or PC OS created by Microsoft. The first version in 1985 was presented to residential and commercial PC users the GUI that was created at an experimental lab at Xerox, as well as Apple’s Lisa and Macintosh (Mac) computers. Microsoft’s Word and excel became the customary for users throughout the world in homes and businesses. OS X OS X is also known as Mac OS X, or Mac OS 10 is the present version of the operating system used on Apple Macintosh computers. It is a user-friendly OS. Previous versions based on the original Mac OS were released in 1984. In the late 1990’s Window’s started to make Mac OS and Apple’s OS appear to be outdated, and so Apple overhauled Mac OS and generated a new OS from the ground up. Since a lot of the code was composed from scratch, a great deal of it was taken from NEXTSTEP OS. NEXTSTEP was a Unix-based system running on NeXT computers, which are no longer manufactured. Apple purchased NeXT in 1997 and Steve Jobs was hired as interim CEO. Apple then took the Unix-based code from NEXTSTEP and combined it with the GUI of Mac OS 9. It became an unwavering, high-performance OS that was as stable as UNIX and the intuitive interface of the Mac. Mac OS X 10. 0 was released in 2001. General Licensing Models (GPL) Gnu Public License, Microsoft Licensing Most software licenses are intended to not allow the user to share and change it. However, the GNU or General Public License is designed to allow users to share, copy, and change free software, or to confirm the software is free to all users. Software that safeguards these privileges are kept is called free software. The license was originally written by Richard Stallman of the Free Software Foundation or (FSF) for the GNU project. According to Gnu General Public License, Version 3 29 June 2007 (2007), â€Å"The GNU General Public license is a free, copyleft license for software and other kinds of works† (para. 1). Copyleft means a technique for creating a program whereby it is free; forcing any altered and expanded versions of said program to be free also. A software company provides a software license to a consumer who then provides their permission for the consumer to use their software packet or package. Typically, it comes with many restrictions, and only allows the user one copy per license. It cannot be copied or distributed in anyway. Such is the case for Microsoft. Microsoft also has volume licensing in that a corporation can purchase as many licenses, or also referred to as key codes, as they might need depending on the size of the business. When Microsoft came up with volume licensing it allowed businesses to save costs by not having to purchase the boxed software. The cost is only for the license number or key code. It can also give tailored buying choices and better software administration.

Technology’s Impact Essays -- Communication Internet Technological Pap

Technology’s Impact Is the outgrowth of technology really a threat to college student? â€Å"Hey are you in the room, Ashley?† Kate knocks the door. â€Å"Hey I forgot my key, will you open the door for me,† Kate shouted. After five minutes, Kate went next door and knocked on her suitemate’s door. Her suitemate opened the door for her. She went through the bathroom, and reached to her own room. As she opened the door she was shocked; actually there was more of an angry expression on her face. â€Å"Ashley! Why didn’t you open the door for me? I told you I would be back in five minutes and I wasn’t bringing my key with me. Why did you lock the door? Didn’t you hear what I said? Now would you get away from your screen? I think we need to talk! We never talked since you setup your computer. I think we have a lot of problem now, we need to talk!† Again and again Kate repeated her phrase. Ashley didn’t say a word and her hands kept punching her keyboard. Then she suddenly started to laugh. â€Å"Why are you laughing? What is so funny?† Kate shouted. Ashley didn’t say a word and kept punching her keyboard and kept giggling. Realizing that Ashley was IMing her internet buddies, Kate shrugged and left the room. This is what I personally observed in James Madison University . It seems that the technology is taking control in our communication world. We hardly have any face-to- face conversation anymore because we stare at the screen most of the time. I read the article Luddite vs. Fetishist which was interesting. I then had the opportunity to create a survey to find out what our attitude toward technology is and how we really are addict to it. Bill Henderson in his publication Luddite vs. Fetishist stated that computer and tech... ... this was a very limited survey that I only gave out to 20 people for each section of my survey. In some of the questions I asked in the survey the result did not vary much. Therefore, in future investigations adding ten more questions and giving out fifty surveys will have a much more accurate result. Also, I need to get a variety of majors because a computer major is going to have more of a passion for technology than an english major. I could have asked more demographic questions for background information as well. As Kate left the room, Ashley slowly selected her away message for AIM. She then opened and checked her email once again to make sure she did not miss any messages. Last, she gathered her books and left the room. On the screen, her away messages said, â€Å"At class, leave your message and I will get back to you A.S.A.C (as soon as my class is over).† Technology’s Impact Essays -- Communication Internet Technological Pap Technology’s Impact Is the outgrowth of technology really a threat to college student? â€Å"Hey are you in the room, Ashley?† Kate knocks the door. â€Å"Hey I forgot my key, will you open the door for me,† Kate shouted. After five minutes, Kate went next door and knocked on her suitemate’s door. Her suitemate opened the door for her. She went through the bathroom, and reached to her own room. As she opened the door she was shocked; actually there was more of an angry expression on her face. â€Å"Ashley! Why didn’t you open the door for me? I told you I would be back in five minutes and I wasn’t bringing my key with me. Why did you lock the door? Didn’t you hear what I said? Now would you get away from your screen? I think we need to talk! We never talked since you setup your computer. I think we have a lot of problem now, we need to talk!† Again and again Kate repeated her phrase. Ashley didn’t say a word and her hands kept punching her keyboard. Then she suddenly started to laugh. â€Å"Why are you laughing? What is so funny?† Kate shouted. Ashley didn’t say a word and kept punching her keyboard and kept giggling. Realizing that Ashley was IMing her internet buddies, Kate shrugged and left the room. This is what I personally observed in James Madison University . It seems that the technology is taking control in our communication world. We hardly have any face-to- face conversation anymore because we stare at the screen most of the time. I read the article Luddite vs. Fetishist which was interesting. I then had the opportunity to create a survey to find out what our attitude toward technology is and how we really are addict to it. Bill Henderson in his publication Luddite vs. Fetishist stated that computer and tech... ... this was a very limited survey that I only gave out to 20 people for each section of my survey. In some of the questions I asked in the survey the result did not vary much. Therefore, in future investigations adding ten more questions and giving out fifty surveys will have a much more accurate result. Also, I need to get a variety of majors because a computer major is going to have more of a passion for technology than an english major. I could have asked more demographic questions for background information as well. As Kate left the room, Ashley slowly selected her away message for AIM. She then opened and checked her email once again to make sure she did not miss any messages. Last, she gathered her books and left the room. On the screen, her away messages said, â€Å"At class, leave your message and I will get back to you A.S.A.C (as soon as my class is over).†

Medicine and Skilled Care Pharmacy Essay

I. Statement of the problem How can Skilled Care Pharmacy improve their strategy from the rapidly evolving financial structure of health care, constant evolution of medical practice, employee retention and shortage of licensed pharmacy personnel? II. Objectives * To retain employees. * To identify ways to keep up with the constant evolution of medical practice. * To address the shortage of pharmacist personnel in the company. III. SWOT analysis IV. Alternative Courses of Action 1. Skilled Care Pharmacy could provide incentives and enhance benefits for employees to be able to achieve employee retention. 2. Skilled Care Pharmacy could widen their search for pharmacist personnel from different countries. 3. Skilled Care Pharmacy could provide seminars and trainings to keep up with new medical techniques and practices. Advantages for each of the Alternative Courses of Action 1. Skilled Care Pharmacy would be able to retain much of their employees and prevent employee turnover. 2. Skilled Care Pharmacy would be able to address the shortage of pharmaceutical personnel within the organization. 3. Skilled Care Pharmacy would be guaranteed of their employee’s  capabilities and skills with regards to the ever changing medical practice. Disadvantages for each of the Alternative Courses of Action 1. Additional costs would be incurred for enhanced benefits or additional incentives given to regular employees. 2. Other pharmacists hired from overseas may not be as competitive with the usual pharmacists. 3. Additional cost would be acquired because of additional trainings and seminars for the company. V. Recommendation Follow all alternative courses of action to be able to keep up with certain changes in the company.