Wednesday, December 25, 2019

Public Policy Issues in Texas - 831 Words

Public Policy Issues in Texas Introduction: As the largest state by area in the continental U.S. as the second most populous, Texas has its significant share of public policy challenges with which to contend. And as the discussion hereafter will show, many of these challenges serve as a microcosm of the broader pubic policy issues facing the United States. The issues addressed here below help to provide a better understanding of the complexities of public policy maintenance in a large and diverse state. Policy Issues: One public policy issue that is attracting a great deal of attention is the matter of prison reform. While a great many members of the public support improvements in the safety, security and quality of life in prisons, few will endorse this at the expense of the same for law-abiding citizens. However, according to Koh (2013), Texas is currently facing one such dilemma. According to Koh, prison reforms may result in better conditions for inmates, but those improvements come at the expense of welfare cash assistance and other government relief for the needy, according to a study released this month by Rice University and Louisiana State University. (Koh, p. 1) This highlights the dilemma of public policy orientation under the thumb of budgetary limits and demonstrates the difficulty of establishing priorities in the protection and furthering of the publics interests. Another issue of public interest to Texans, and one that truly dominates headlinesShow MoreRelatedEconomi c Issues Of Texas State Government1609 Words   |  7 PagesEconomic Issues of Texas Funding in Texas is an economic issue that has a variety of applications for the state government. There are many pros and cons about Texas state government, how it is being funded, and how it is funding other government ran programs. The influences that funding has is an economic issue that affects Texas’ society as a whole through taxes, budgeting, and in policies through state, or local government. The Taxation Model Description of Texas’ Taxes. Historically Texas’ politicalRead MoreEssay On Texas Public Policy1673 Words   |  7 PagesTexas Inmates’ Health Care: Public Policy Effectiveness Research Is Texas public policy effective? The Texas government million-dollar question. This research paper will inform the readers on what public policy and effectiveness is in relation to Texas government. It will review five scholarly journals that all describe public policy and its effectiveness in Texas. It will also discuss one public policy specifically regarding the health care that Texas has imposed upon their prison inmates. TheRead MoreEssay on Texas Policy Report1242 Words   |  5 Pages2306-21405 Fall 2013 Word Count: 1082 Texas has a reputation throughout history of differing views from the federal government in laws and politics pertaining to social, fiscal, and educational issues. On the whole, Texas operates as a largely conservative state. Because of this, policy-making is often right wing. With the institution of a Democratic, liberal president, the State’s dissent from the Federal government has only increased over certain issues. One hot topic of the 2012 PresidentialRead MoreSocial Welfare Policy Analysis For Social Workers Essay926 Words   |  4 Pages Plan to Influence Policy In order to conduct meaningful change and to be effective in influencing policy, there must be a well thought out plan in place. In the text The Policy-Based Profession: An Introduction to Social Welfare Policy Analysis for Social Workers by Popple and Leighninger (2015) they argue that â€Å"For an action strategy to be effective, it is imperative that the people taking the action have a firm grasp on the problem they are dealing with and on achievable goals. You must do yourRead MoreThe Roles Of Texas Government906 Words   |  4 Pages2306-71003 December 1, 2017 Texas House and State Committee Texas is one of the states forming United States of America and it is one of the largest state in terms of its population and the total geographical area. The local government has been divided into county government, municipal government and special districts. Texas has been divided into house districts and senate districts. The house of representatives and the house of senate plays a cruc ial role in deliberating on issues specific to a given departmentRead MoreAustin, Texas : The Capital Of Texas1398 Words   |  6 PagesAustin, Texas, otherwise known as the capital of Texas in the United States, is an urbanized city with many individual characteristics of its own. Austin is known for its night life, wide-range diversity, and the University of Texas at Austin. The population has continued to grow as the city continues to urbanize. According to the United States Census Bureau from 2010 to 2013 alone, Austin’s population has increased by 12%, which is the highest out of the top 25 largest cities in America (Weissmann)Read MoreImmigration : A Nation Of Immigrants937 Words   |  4 Pagesgovernments. Texas’ current governor Greg Abbott is currently taking legal action against President Obama’s administration, he argues that President Obama’s immigration reform will hurt the economy. Greg Abbott is not only fighting Obama’s immigratio n reform but he is also making harmful decisions regarding the future of the Texas Dream Act. In order to understand the current immigration issues in the Unites States it is important to understand the recent changes in immigration policies, federalismRead MoreThe Founders Of The American Nation Understood The Idea1254 Words   |  6 Pagesfederalism plays a crucial in shaping the contemporary structure and organization of the government as evidenced in the Texas government. The American founders strived at creating a federalist government for various reasons including preventing tyranny in future as well as increasing the political participation of different individuals in the society including members of the public. The founding fathers believed that the only way to preserve the individual liberty of all the American citizens was toRead MoreDespite The Tremendous Economic Success In Texas And Its1568 Words   |  7 Pagestremendous economic success in Texas and its overall well -being, the state continues to face its nonstandard set of challenges that must be addressed immediately. Certainly, the most pressing issue is a deteriorating transportation infrastructure, which requires innovation, long-range planning and, of course, investment (Button Reggiani, 2011). The following study focuses on the deteriorating transportation infrastructure as a major issue facing the state of Texas. The report will also discuss theRead MoreGas And Oil Company Is The State Where Government Control Is Limited And Texans950 Words   |  4 PagesPlastic Bags in Texas Texas is the state where government control is limited and Texans want to grow up by own self. Most of the cities have general rule and some have home rule. There are council-manager, mayor-council, mayor- manager which form local government. There is county government and has 254 counties in Texas. The members elected in the government by the people to represent their problem at state and federal level. They need to aware what is going in their community in Texas. Texans are suffering

Monday, December 16, 2019

The Presentation of Miss Havisham in Chapter 8 and in...

The Presentation of Miss Havisham in Chapter 8 and in Chapter 49 of Great Expectations by Charles Dickens In chapter 8 of Great Expectations, the author, Charles Dickens, initially presents Miss Havisham through Pips eyes as an eccentric old lady her hair was white, who lives in seclusion with her adopted daughter, Estella. She lives vicariously through Estella, all her inner thoughts and feelings are brought to life through Estella; therefore she is able to teach her to break the hearts of men. We discover that she was deserted on her wedding day, and then made it her lifes purpose to raise Estella as a cruel- hearted woman wholl break the hearts of men and seek revenge on the male population†¦show more content†¦By wilfully stopping her life at a moment of pain and humiliation, she indulges her own anger, self-pity, and desire for revenge. She imagines her death as an ultimate curse upon the man who jilted her. In her revenge, which destroys her life, she is like a child who hurts itself in its anger at someone else. Dickens uses strong imagery to describe Miss Havishams house (The Manor House) as barren of feelings or even life, The cold wind seemed to blow colder there, than outside the gate... Also the surroundings of the house is described in a gothic theme as it is unusual and gloomy, the passages were all dark, and that she had left a candle burning there. This suggests a peculiar setting and household. Miss Havisham is rich too, and deceives Pip by implying that shes his benefactor. In chapter 8, Miss Havisham is exceedingly manipulative, I stopped, fearing that I might say too much. This implies that Pip is afraid of Miss Havisham. Also, Pip indicates that he is nervous whilst talking to Miss Havisham and tries to say as little as possible in case he accidentally speaks out of turn and she does something unpleasant to him. Miss Havishams character is presented to be fairly miserable and unhappy, sure that Miss Havishams face could not smile. This is suggested to us by Pip quoting Miss Havishams

Sunday, December 8, 2019

Accounting Financial Analysis Report Capital Structure

Question: Write about theAccounting Financial Analysis Report for Capital Structure. Answer: Introduction A capital structure of a company is the source of funds that are generated by the company to invest the same in the operations and earn profits out of it. It is the decision made by the companies wherein the company have to maintain a balance between the funds that will be borrowed from the market and the funds that will be invested by the company itself. In this report it is discussed that how the investment policy will be managed by the company. Also the ancient theory of Miller and Modigliani who presented the in depth details of capital structure is also discussed in the report. The discussion on the importance of debt favouring and of an equity oriented structure is also discusses. Miller ad Modiglianis theory- Capital Structure Choices Affect a Companys Real Investment Policy A company spreads its business by applying its assets for the generation of revenue from it. After the revenue is generated, payment of taxes is done and the remaining money is retained in the business. It depends on the structure of the company, if the company is an equity base, then the retained amount will be distributed amount the shareholder in the form of dividend. In case the company has debts which are to be repaid by the company, then it be the obligation to repay the same first ad den the remaining part of the earning will be distributed to the shareholders. The discussion was made in order to understand the basic structure of the company. The money that is used by the company for funding the operations is the capital structure (Ardalan, 2017). The allocation of the earning in form of investments in order to earn profits is decided keeping in mind the capital structure of the company. The total market value of the company is dependent on the capital structure (equity and de bt) of the company. It is observed that the when the company have a higher debt structure or it believes in increasing the amount of debt in the company. Then the value of the earning will increase till a point but after that it will increase the cost of the company resulting in reducing in the final market value (Tesfaye and Minga, 2014). Miller and Modigliani where the two experts who studied the concept of capital structure and its effect on the investment of the company in depth. According to the concept which was shared by them the value of the company in the market completely depends on the risk factor and on the financial instruments that are underlying in the derivate market i.e. the underlying assets (Hackbarth and Mauer, 2012). It was considered that the value is not dependent on the method that is considered to fund its investments. The theory was established in a situation of assumptions. No taxes, no transaction and bankruptcy cost, no different cost borrowing for the company and investors. No effect of the debt obligation on the earnings of the company was some of the assumptions associated with the theory. This means that no matter how much are the borrowing of the company there will be benefits of tax out of the payment of interest. There is no benefit from the increase in the debt of the company; the s tructure opted for the capital of the company does not affect the value of the shares of the company (Baker and Martin, 2011). On a whole this would mean that the capital structure of the company would not be relevant for the share prices or the investments of the company. In the real world scenario there is no stage where there are no taxes, no transactional cost, no bankruptcy cost and no difference in the rate of borrowings. Taxes are right of the government and with the payment of taxes there are various benefits that are available for the company. In the real world the companies are more successful with the high debt ratio in the capital structure (Zhang and Zou, 2016). Which helps in generating the funds for the company? With this the company earns profits with investing less amount of its own in the capital. Also this affects the value of the company as a whole. The cost at which the money is borrowed from the market is different for different person depending on their creditability of paying the same back (Peter, Tatiana and Natali 2014). Hence, it is not viable that the cost of borrowings is same for the company and investors as this cost affects the decision of investment in future projects. It is observed that no investor have a complete kno wledge about the information that is accessed by the companies. This will make it difficult for the companies to work in the market. Therefore, the concept of symmetric information with the companies and investors is not viable for the working (Cortez and Susanto, 2012). Investments that are made by the companies are to a great extend dependent of its capital structure. If the company has a structure in which the share of the equity is more, then the earning remained after the distribution of dividend will be more as compared to structure in which there is more debt ratio. This gives an upper hand to the companies to decide over the investment strategy as the availability of funds will be managed according to the capital structure (Apos, Mello and Farhat, 2008). Conclusion During the preparation of the project it was observed that the theory of Miller and Modigliani was based on assumption which does not stand relevant in todays scenario. The capital structure of the company which is the combination of debt and equity by the way of which the company raises its funds to operate the working, is a help for it to make decisions of investments and maintain better profit margins. It is also observed that the perspective of the business working today is not just equity base but also the companies make it viable for them to borrow monies from market and repay the same within time. References Ardalan, K., 2017, Capital structure theory: Reconsidered. Research in International Business and Finance, vol. 39, pp 696-710. Baker, H., Martin, G., 2011, Capital Structure and Corporate Financing Decisions Theory, Evidence, and Practice (Robert W. Kolb Series). Chichester: Wiley. Cortez, M., Susanto, S., 2012, The determinants of corporate capital structure: evidence from Japanese manufacturing companies. Journal of International Business Research, vol. 11, no 3, pp 121-134. DAmp;Apos, Mello, Ranjan, Farhat, Joseph., 2008, A comparative analysis of proxies for an optimal leverage ratio. Review of Financial Economics, vol. 17, no 3, pp 213-227. Hackbarth, D., Mauer, D., 2012, Optimal Priority Structure, Capital Structure, and Investment. The Review of Financial Studies, vol. 25, no 3, pp 747-796. Peter Brusov, Tatiana Filatova, Natali Orekhova., 2014, Mechanism of formation of the company optimal capital structure, different from suggested by trade off theory. Cogent Economics Finance, 01 December 2014, Vol.2(1). Tesfaye T. Lemma, Minga Negash., 2014, Determinants of the adjustment speed of capital structure: Evidence from developing economies. Journal of Applied Accounting Research, vol 15, no 1, pp 64-99. Zhang, Cao, Zou., 2016, Exuberance in China's renewable energy investment: Rationality, capital structure and implications with firm level evidence. Energy Policy, vol. 95, pp 468-478.

Sunday, December 1, 2019

Dangerous Situations and Fear Essay Example

Dangerous Situations and Fear Essay Fear is an emotion aroused by danger. It is an important protective instinct. At any hint of danger, a substance called noradrenalin is released into the blood. This prepares the body for action. When we are scared, our skin is pale, as blood is diverted to the muscles. Our body is sweating more, to cool the muscles; our breathing is faster, and provides so more oxygen for the muscles; our heart beats faster to push more blood to the muscles. Also the gut and bladder relax, as blood is diverted from them to the muscles.As a result, we can feel quite sick and breathless. In many creatures, including man, fear can also cause paralysis, or freezing with terror. It is very common to experience fears in childhood. Many of these childhood fears, such as a fear of animals, darkness, storms, doctors and strangers, disappear as the child gets older. However, as people get older, a few may suffer badly from phobias. These are unreasonable fears, which send one’s body and mind into panic . Some of the common phobias are a fear of heights, spiders, and closed places, flying in planes, speaking in public, injections or blood.There are also endless uncommon phobias, including fear of running water, swallowing solid food and even going to the hairdresser’s. Everyone is mildly phobic about something, it is natural. But when your phobia spoils your life it’s time to do something. When I was a child, I didn’t have any typical childhood phobias, except of one, which lasted until now – my fear of insects. My childhood was also probably the most dangerous part of my life. Most children don’t have the self-preservation instinct and neither did I. Bruises were quite common and I never remembered how and when I injured myself.Also bloody knees and elbows were part of my everyday life. As I grew older, wounds started to appear more and more seldom and I am happy to say, that I have never had any more serious injuries as a dislocated ankle. I hav e also never been in an extremely dangerous situation, only some common ones. Probably the most common dangerous situations are falls falls of bicycles, roller skates, horses†¦ I have been learning riding a few times in our holiday and once I also fell down. Of course, it was not pleasant, but also not very dangerous, as I am not a good rider so the horse was just trotting.I hurt my head, although I was wearing a helmet, and my hands and my buttock, but it was my self-confidence, that was hurt most. Once, it was in summer, I was going to a lake with my friends to chill, because the days were really hot. We decided to swim across it. When we were right in the middle, I got a cramp into my calf. It was painful and I couldn’t move the leg. After a few minutes, when I felt a bit better and tried to return to the bank, my latter leg received a cramp. That time I luckily had a friend nearby, who helped me to get to dry land so it had a fortunate end.In none of these situation s I felt fear, because I didn’t felt like my life could be in danger. As I said, I have no experiences with really dangerous situations, but I think that almost every situation can turn to a dangerous one. Of course, various kinds sport, mainly extreme sports and speed sports, adjust the amount of danger of the situation. But even when you step out of the door you can bring yourself into danger. I think that it is important to find a balance between setting our lives consciously and unceasingly in danger and sitting at home timidly don’t enjoying our life.