Time Value Essay Example for Free

Time Value Essay One of the most important concepts about saving and investing is the time value of money. It can be used to compare investment alternatives and to solve problems involving loans, mortgages, leases, savings, and annuities. This means money paid out or received in the future is not equivalent to money paid out or received today because inflation erodes money’s buying power. Basically, the power of time is on a person’s side and the premise that cash in hand today is more valuable than the same amount in the future due to its capability of earning interest. There are three factors affecting how much an investment will grow: time, money, and interest rate. Time Value of Money is a concept that is very important in financial management. It affects business, personal, and government finance (Harvey, 2012) Within this paper we will discuss the definition of Time Value of Money and identifies the importance of financial managers understanding the concept. Time, Money and Interest Rates Time has an important impact on the future value of money. Time is referred to as â€Å"N†, or â€Å"number,† and signifies the number of times something happens to your money. The earlier an individual invests, the more time their investment has to compound interest and increase in value. The effects of time on the value of money need to be taken into account when assessing investments. Investments (Money) with interest rates compounding frequently will yield higher returns. The higher the interest rate, the more money an individual will earn. However, and individual must understand an investment with a higher interest rate generally has a greater risk. Risk is the uncertainty the yield on an investment will deviate from what is expected. Generally, Present and Future Price of Money 2 having a savings or investment plan with a fixed interest rate guarantees a specific return but can provide a moderate risk. The last item to take into consideration with interest rates is ensuring the interest rate is higher than the rate of inflation. Inflation is the steady rise in the general level of prices of a market basket of goods. If the average interest rates rise, the amount a person earns from this type of investment will not increase. Another consideration with interest rates is ensuring the interest rate is higher than the rate of inflation. Need for Financial Managers Anyone who manages finances in a company setting , deals with consumer finance or running their own business is a financial manager and needs to understand the concept of Time Value of Money. A financial manager’s job it to compare the cost and benefits of alternatives that occur at different times. This is done by restating money values through time in Time Value of Money calculations. These calculations estimate what effect time will have on money. For these professionals to make decisions that will assist a client in taking advantages of low interest rates or investing wisely a comprehensive knowledge and understanding of the Time Value of Money is needed. Understanding this concept allows them to make better decisions. If they don’t understand the concept then they could make an unfavorable decision resulting in loss of money for the client or their business (Time Value of Money, 2013) Future Value and Present Value As an investor, you cannot control the rate of return on an investment. The actual yield is determined by the market as a whole, in the form of people buying and selling the investments at Present and Future Price of Money 3 a price that, coupled with the investment’s payouts, determines the yield. There are two fundamental formulas used to calculate the time value of money; the â€Å"future value† and the â€Å"present value† formulas. They’re basically the same formulas, but rearranged to solve for different values. The future value formula can answer the question, ‘how much money will I have if I invest a certain amount now, at a given rate of return†? The formula is FV=PV*(1+R)N, where FV is the future value (how much you’ll have later), PV is the present value (how much you’ll have now), R is the periodic rate of return or the percentage that your money will grow in each unit period of time. N is the number of unit periods of time in the overall time span. The following are examples of the calculation of future values: a) Solve for FV $150,537. 19 invested for seven years at an interest rate of 5% will yield a future value of $211,820. 94. FV = 150,537. 19 (1+ . 05)7 = 150,537. 19 (1. 05) 7 = 150,537. 19 (1. 40710042265625) = $211,820. 94 b) Solve for FV $237,891. 22 invested for eight years at an interest rate of 3% will yield a future value of $301. 353. 48. FV = 237,891. 22 (1 + . 03) 8 = 237,891. 22 (1. 03) 8 = 237,891. 22 (1. 266770081387616) = $301,353. 48 c) Solve for FV $320,891. 12 invested for 10 years at an interest rate of 11% will yield a future value of $911,144. 98. FV = 320,891. 12 (1 + . 11) 10 = 320,891. 12(1. 11) 10 = 320,891. 12 (2. 839420986069016) = $911,144.98 d) Solve for FV $520,520. 22 invested for 13 years at an interest rate of 13% will yield a future value of $2,549,513. 82. FV = 520,520. 22 (1 + . 13) 13 = 520,520. 22(1. 13) 13 = 520,520. 22(4. 898011103216606) = $2,549,513. 82 The present value formula is based on the same fundamental formula, but it’s â€Å"solved† for the PV term and assumes you will know the FV amount. The present value formula can Present and Future Price of Money 4 answer the question, ‘how much money would I have to invest now in order to have X dollars at a specific future date? ’. That formula is PV = FV/(1 + R) n where all the terms mean the same thing, except that R in this formula is typically referred to as the â€Å"discounted rate†, because its purpose is to lower a future amount of money to show what it is worth to you now (McCracken, 2014). The following are examples of the calculation of present value: a) If you receive a dividend of $562,126. 17 in 7 years at an interest rate of 5%. You initial investment would have been $399,492. 57. PV = 562,126. 17/(1 + . 05) 7 = 562,126. 17 / (1. 05) 7 = 562,126. 17/1. 40710042265625 = $299,492. 57 b) If you receive a dividend of $225,003. 21 in 6 years at an interest rate of 6%. Your initial investment would have been $158,618. 38. PV = 225,003. 21/(1 + . 06) 6 = 225,003. 21/(1. 06) 6 = 225,003. 21/1. 418519112256 = $158,618. 38 c) If you receive a dividend of $321,567. 35 in 5 years at an interest rate of 18%. Your initial investment would have been $140,560. 05. PV = 321,567. 35/(1 + . 18) 5 = $140,560. 05/(1. 18) 5 = 321,567. 35/2. 2877577568 = $140,560. 05 d) If your receive a dividend of $63,000. 05 in 12 years at an interest rate of 5%. Your initial investment would have been $35,080. 75. PV = 63,000. 05/(1 + . 05) 12 = 63,000. 05/ (1. 05) 12 = 63,000. 05/1. 795856326022129 = $35,080. 79 Annuity Present and Future Price of Money 5. An annuity is a series of identical payments occurring at equal time intervals. When the payments appear at the end of each time period, the annuity is said to be an ordinary annuity or an annuity in arrears. Present value calculations allow us to determine the amount of the recurring payments in an ordinary annuity if we know the other components: present value, interest rate, and the length of the annuity. Present value calculations involve the compounding of interest. This means that any interest earned is invested and will earn interest at the same rate as the principal. So, you earn interest on your interest. The compounding of interest can be very significant when the interest rate and the number of years are sizable. The present value of an annuity, represented by a series of equal payments, receipts or rents involve five components: (1) Present Value (2) Amount of each identical cash payments (3) Time between the identical cash payments (4) Number of periods that the payments will occur, length of the annuity and, (5) Interest rate or target rate used for discounting the series of payments. If you have any 4 of the 5 components, you have the information you need to calculate the unknown component. Calculations of Annuity. Suppose you are to receive a stream of annual payments of $325,891. 12 every year for 12 years starting at the end of this year. The interest rate is 6%. What is the present value of these 12 payments. PVA = PMT [( 1- (1 /(1 + r) n )) /r ] = 325,891. 22[(1- (1/(1 + . 06) 12))/. 06] = 325,891. 22[(1- (1/(1 . 06) 12))/. 06] Present and Future Price of Money 6 = 325,891. 22[(1 – (1/20121964718355))/. 06] = 325,891. 22[(1-. 496969363577001)/. 06] = 325,891. 22[. 503030636422999/. 06] = 325,891. 22 x 8. 383843940383317 = $2,732,221. 13 is the present value of the 12 payments. Suppose you are to receive a payment of $437,891. 24 at the end of each year for five years. You are depositing these payments in a bank account that pays 15% interest. Given these five payments and this interest rate, how much will be in your bank account in five years? FVA = PMT [((1 + r) n – 1) /r] = 437,891. 24 [((1 + . 15) 5 – 1)/. 15] = 437,891. 24 [((1. 15) 5 – 1)/. 15] = 437,891. 24 [(2. 0113571875 -1) /. 15] = 437,891. 24 [1. 0113571875/. 15] = 437,897. 24 x 6. 74238125 = $2,952,429. 69 will be in your bank account at the end of 5 years. Conclusion Present Value and Future calculations seem to be a simple way to compare money at different periods of time. Utilizing the future value calculation a person is able to determine the estimated future value of investments based on periodic, constant payments and constant interest rate. It ca also be used to calculate the future of loans payments. Time Value Money is a basic tool in finance that is used every day. Utilizing this concept can help individuals and companies weight all the options so the best decision can be made to Present and Future Price of Money 7 prosper in the future. Understanding and having the knowledge about saving and investing is very important to our generation, especially with the very bleak look of social security. References Biger, N. (2008). Explanation of present values and net present values. Harvey, C. R. (2012). Time Value of Money. Retrieved January 16, 2013, from The Free Dictionary: http://financial-dictionary. thefreedictionary. com/Time+value+of+money McCracken, M. , (n. d. ) The time value of money. Retrieved January 2014 from http://www. teachmefinance. com/timevalueofmoney. html Present and Future Price of Money 8 Time Value of Money Overview. (n. d. ) Retrieved January 17, 2013, from University of West Florida: http://uwf. edu/rconstand/fin4424web/T2-TimeValue/T2-TimeValuePO1. htm Present and Future Price of Money.

The Health of College Students Essay -- college meal plans

Rob Geis, a current college student, explains, â€Å"A student is not at fault for unwanted weight gain. It is the college meal plans that cause the gain in weight. Many colleges require incoming freshmen to be on a meal plan† (Geis). Parents like the meal plans because they know their child is getting meals every day, but the plan does have its downsides. Geis believes that many students do not eat three meals every day. â€Å"If we don’t eat every meal we are given, we are wasting our money which was used to buy the meal plan. So, it is either gain weight or waste money† (Geis). This may cause the family of the student to get upset. The parents may reduce the student’s meal plan for the next year, which would make the student eat less. The student may then be at an unhealthy weight. This could cause tension between the student and his or her family. Students face physical and mental problems, and they need strategies to optimize their health. A student’s overall health in college involves many aspects. The physical health of a student plays a major role in his or her health. First, according to Malinauskas et al., â€Å"The ‘Freshman Fifteen’ could be considered an epidemic†. In a recent study conducted by Jung et al. and Whyshak explain that 90% of college students have heard of the â€Å"Freshman Fifteen† (qtd. in Carithers-Thomas et al.). A student can keep a healthy weight if he or she knows that knowledge. Also, a student may help his or her friends in keeping a healthy weight; eventually, lowering the average weight gained in college. In another study conducted by Graham and Jones, they report 59% of college freshman gain weight in his or her first year of college (qtd. in Carithers-Thomas et al.). This could lead a student to ... ...g/ehost/detail?sid=5fa0dcd2-8360-492c-9f47-06bd2115521b%40sessionmgr112&vid=1&hid=121&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=aph&AN=51456646>. Merianos, Ashley, et al. "The Impact of Self-Esteem and Social Support on College Students' Mental Health." American Journal of Health Studies. EBSCOhost, Oct. 2013. Web. 19 Mar. 2014. . Dineley, Johnson. "College Health 101: How to Stay Healthy on Campus." Nation's Health. EBSCOhost, n.d. Web. 18 Mar. 2014. . Orender, Michael. Instant messenger interview. 23 Apr. 2014.

Region 1

Region 1 was first inhabited by the aboriginal Negritoes before they were pushed by successive waves of Malay/Austronesian immigrants that penetrated the narrow coast. Tingguians in the interior, Ilocanos in the north, and Pangasinense in the south settled the region. From the data on the population distribution of Region 1, it is clear that not all the inhabitants are Ilocanos. Around one-third are non-Ilocanos and yet there is a popular misconception that all the inhabitants are Ilocanos.The use of the term Ilocos Region promotes the wrong notion that all the residents of Region 1 are Ilocanos. Before the administration of Ferdinand Marcos, Pangasinan was not a part of the region. The Spanish arrived in the 16th century and established Christian missions and governmental institutions to control the native population and convert them to the Roman Catholic Church. Present-day Vigan City in Ilocos Sur province became the bishopric seat of Nueva Segovia.Ilocanos in the northern parts w ere less easily swayed, however, and remained an area filled with deep resentments against Spain. These resentments bubbled to the surface at various points in the Ilocos provinces' history as insurrections, most notably that of Andres Malong and Palaris of Pangasinan, Diego Silang and his wife Gabriela Silang in 1764, and the Basi Revolt in the 19th century. However, it was the Pangasinenses in the south who were the last to be stand against the Spaniards. In 1901, the region came under American colonial rule, and in 1941, under Japanese occupation.During 1945, the combined American and the Philippine Commonwealth troops including with the Ilocano and Pangasinese guerillas liberated the Ilocos Region from Japanese forces during the Second World War. Several modern presidents of the Republic of the Philippines hailed from the Region: Elpidio Quirino, Ferdinand Marcos, and Fidel V. Ramos. Before the formation of the Cordillera Administrative Region, Region 1 also included the provinc es of Abra, Mountain Province, and Benguet. Before Region 1 was modified by Ferdinand Marcos, Pangasinan was not part of the region.

Emergence Of The Buddha Essay

A). Outline the social, political and religious background from which Buddhism emerged. (10) Buddhism is one of the major religious traditions of the human race today. Buddhism was influenced by many different cultures over the thousands of years. This essay will outline the social, political and religious issues surrounding the background and the emergence of Buddhism in Indian Society. â€Å"In the 1920’s archaeological excavations of the ancient cities of Mohenjo-Daro and Harappa in North West India revealed the existence of an urban civilisation. This is called the Indus Valley Civilisation.† (Buddhism Dominique Side) The background from which the Buddha emerged from stretched as far back as C2700 in a place called the Indus Valley. This was the first sign of civilisation to live on the Indian subcontinent. People were attracted to the Indus Valley because of the of the River Indus. The River provided a good source of vegetation; there was also flat land, stones and trees. The Indus Valley was an Egalitarian society, which meant that everybody living inside the society were all equal and they worshipped both Gods and Goddesses. They believed and worshiped in Brahman, who they believed was the most looked up to and modest God. Archaeologists found statues with engraved scriptures of Gods and Goddesses on; the finding of these pots is where it is believed that the Religion began, although there were never any findings of temples to prove this. â€Å"Artefacts show it’s Religion to be related to the forces of nature†¦ the worship of a mother Goddess, sacred trees and fertility symbols.† (Buddhism Dominique Side) The valley was believed to have been a strong central government and to have two main political centres, Mohenjo-Daro and Harappa. The Indus Valley civilisation began to move out, many people today still believe this was because of a natural migration. After the civilisation of the Indus Valley had left, Aryans then began to set up home on their land. Aryans were nomadic; they travelled around a lot, never staying in one place for very long. They brought animals with them and built up a strong military. They were thought to be good at building and carpentry. The official religion of the Aryan conquerors of India is referred to as the Vedic religion after their holy books or Vedas (knowledge). The priests of this religion were known as Brahmans or Brahmins and are often mentioned in the Buddhist scriptures. The Aryans were unquestionably tough people, military strong, and they were fierce and war like. Their culture was oriented around warfare, and they were very good at it. The Aryans were a new start in the Indian culture; they adopted almost nothing of Harappan culture. They built no cities, no states, no granaries, and used no writing. â€Å"†¦They worshipped a pantheon of gods and were mostly connected with forces of the natural world, especially those powers on which humans were dependent.† (Buddhism Denise Cush) The Indian caste system began to develop and the civilisations were placed into the category that they belonged too. â€Å"Each mans duty was to follow the profession suitable for his social class.† (Buddhism Dominique Side) Even today the values of the caste system are held strongly, it has kept a sense of order and peace among the people. The caste consists of six different levels, and as a pyramid starting from the highest and working down. The highest being the Brahman, then Kshatriya, Valishya, Shudra, Harijans and the Untouchables. Within each of these levels are the actual â€Å"castes† within which people are born, married and die into. They all have their own place among each other and accept that it is the way to keep society from disintegrating to chaos. The system has worked well for Indian people and still has a major role in modern India. The Aryan society was patrocol, which means it was all male. It was now no longer an egalitarian society. Indus Valley people and Aryans began to mix, which is how the Indo-Aryans were formed, this was the beginning of Hinduism, which was a mixture of Indo and Aryan beliefs and practices. From these two religions they made a relationship and formed the Indo- Aryan people. â€Å"Like a mighty river, created from mainly tributaries that fed it, Hinduism is an amalgamation of the beliefs of the many people who settled in India in ancient times.† (A beginners guide to Buddhism, Gillian Strokes) People now did not sacrifice animals for their religion but would now give gifts to their God called offerings; these would consist of flowers and vegetables. The Indo Aryans did not have or worship a holy scripture, however they did have Vedic hymns that were sang and collected, and which were later written down in the â€Å"Veda†. This means they have a cultural importance. They also worshipped a pantheon of gods. They believed in the highest form of God, the Brahman who was the highest level of the caste system. There was an amalgamation of Indo and Aryans that became the religion Hinduism. Women now did not have any power; men now did everything, women were now considered inferior to men. As a belief in the caste system, you were only allowed to marry within your level of the caste system. The political organisation was hierarchical and centralised. Kingdoms varied in size and kings were no more than village leaders. Some people believe that Hinduism began with the Indo-Aryans, while others believe that it began with the Indus population. Hinduism has no founder and no single moment of beginning. The emergence of Buddhism was now falling into place. Hinduism is the largest religion of India. The religion is based on prayers and believes in many gods and goddesses. However, one God named Brahman was more significant than the others. There were special priests known as Brahmin who were used to help you worship this special God, they helped to channel people’s faith. Asceticism defined as the practice of self-disciple, voluntary undertaken, in order to achieve a higher or spiritual ideal began. People didn’t agree with Brahman priests, they wanted to live a simple life in the forest. Hinduism also believes in reincarnation, this is rebirth – the cycle of life. It consists of Birth, Life, Death and Rebirth; you undergo the cycle over and over again. It is thought that if you live a good life you will be born into a better caste in your next life. You will achieve good karma if you do your duty well which is determined by the caste you are born into. Good karma means a good next life and bad karma means a bad next life. The only way to get out of the cycle is to have continuous good rebirths, which means you will enter Nirvana. All these backgrounds lead to the emergence of Buddhism in some way. Ascetics would move away to the forests and leave all their family and objects behind, even the idea of the caste system. They wanted peace of mind and to achieve enlightenment. The best way to do this was to meditate. They also wanted to get out of the life cycle and achieve Nirvana. Siddhartha Gautama was an ascetic, he was born a Hindu but wanted to escape the life cycle. He emerged as the Buddha after achieving enlightenment and people began to follow his way of life. Political aspects were that people did not use the caste system and also rejected social and political values. They wanted an egalitarian society where everyone was equal and treated with the same amount of respect. â€Å"One of the effects of these changes was the creation of new professions, such as state officials and traders, which had no place in ancient caste system.† (Buddhism Dominique Side) Therefore in conclusion I can see how Buddhism has emerged over thousands of years and that Buddhism now does not have any thing in common with the earliest religion found. Buddhism needed the other religions to be in place in order for it to exist and without the other religions; it might not have existed today. I think Buddhism has become the fairest religion, as it believes in equality. Therefore it has adapted out of the many religions that came before it. B). â€Å"The Buddha turned his back on all the Religious teaching of his age.† Assess this view (10) Buddhism is an Eastern Religion that is over two thousand years old. Buddhism as a religion was influenced by this historical context. The origins of Buddhism are closely connected with the origins of Hinduism. Buddhists don’t believe in a God they just worship the highest in the caste system, the Brahmin. The Buddha is a highly respected person in the Buddhists Society. Buddhism is an amalgamation, an adaptation of Religions over time. This part of the essay requires assessing the view of how the Buddha turned or didn’t turn his back on the religious teachings of his age. The Buddha lived and taught in the Northeast India about 2,500 years ago and the development of the Religion was influenced by this historical context. He lived for around eighty years, somewhere between the 4th and 6th centuries BCE. Siddhartha Gautama developed most of his ideas for Buddhism from Hinduism. He changed and developed them to suit his new religion. He took some but changed them. He was born a Hindu and born into the Kshatriya Caste. He became an ascetic. I believe that the Buddha turned his back on his religious teachings for an important reason; therefore I believe this is because he wanted to get himself out of the life cycle. The Buddha wanted to go to the forests to meditate and reach Nirvana. The Buddha did not want his teachings to be taken as something sacred in itself, but as a means to an end. He made it clear that any teachings, including his own were not to be accepted without noticing but with faith and reverence, but should not be tested out in experience. The Buddhism religion was not just something to believe in or discuss, but something to try out to see if it worked. When you have tried it out it could make you a better person or takes you nearer to your spiritual goal. Siddhartha Gautama did turn his back on the previous teachings are the Caste system; the Caste system was a very important part of the social and religious life within India and Hinduism. When Prince Siddhartha went to find enlightenment he forgot all about the ideas of the caste system even though he was born into a good Varna. The Buddha’s invitation was to come and see for yourself, join him in his meditation to reach Nirvana. The Buddha wanted to get out of the cycle of; life, death and rebirth and be enlightened to discover a new life. He didn’t completely want to get rid of rebirth; he wanted to incorporate it into Buddhism. He believed in renunciation, which is what the ascetics believed in. They renounced with the Buddha to the forest. They gave up there existence. The Buddha did not want to pray to Brahman anymore, he wanted to break away from the priestly religion and become personal. Men and women both did this. Personal is being spiritual instead of Religious. The Buddha also incorporated Karma into Buddhism because it’s still the action needed for rebirth. He couldn’t change that. He did turn his back on the caste system though as it was seen as a social class factor and not needed for the religion, as everyone was equal for him. The economic developments destabilised the Brahminical order. Prince Siddhartha still believed in the ideas of rebirth and the cycle of life, but came up with a way of escaping the circle.

Do Some Research on Fact-Checking

Do Some Research on Fact-Checking Do Some Research on Fact-Checking Do Some Research on Fact-Checking By Mark Nichol Do you want to be a magazine writer? I know it’s a highly competitive profession, but I’ve got two words for you (and a bonus hyphen): fact-checking. What’s that? Fact-checking is an entry-level profession in the magazine industry that can lead to staff or freelance writing opportunities. Fact-checkers are responsible for verifying every quantifiable piece of information in an article: spelling of names and entities such as companies, institutions, and organizations; names of products and services; dates of birth, incorporation, and publication; prices and profits; and more so much more. Sound tedious? It can be, but it is also excellent training for reporters and writers: not only do fact-checkers (also called research editors) vet article content, they also often help writers with background research. Once you put in a couple of years as a staff or contract fact-checker, you’ve got a leg up on many other writers when it comes to turning in meticulously researched articles not to mention getting a crash course in reporting by doing preliminary work for more experienced writers and fact-checking numerous articles. Fact-checkers are often given brief writing assignments or are even promoted to junior writing positions, but the career ladder doesn’t stop there: Onetime fact-checkers include CNN newsman Anderson Cooper, novelist Jay McInerney, and former Harper’s editor Roger Hodge. Not every magazine has staff or freelance fact-checkers by that name; sometimes, interns or junior editors fill the role as part of their job duties, or copy editors do at least rudimentary fact-checking. Other publications, with fewer resources, trust writers to get their facts straight. Most newspapers don’t have the time or the budget for this stage, though the German daily Der Spiegel is a notable exception: It employs dozens of fact-checkers. Publications began employing fact-checkers less than a hundred years ago (the New Yorker, one of the first magazines to do so, even verifies facts in the poetry it publishes), and the profession isn’t going anywhere; even with the revolution in access to information engendered by the Internet, it’s still a vital function. And thanks to online research, it’s much easier to accomplish, though it still requires rigorous attention to detail. If you’ve tried in vain to break into magazine writing, either as a staff writer or a freelancer, you might want to consider applying to become a fact-checker. You’ll be starting out on the ground floor, but that means you’ll be the foundation of a publication’s reputation for veracity, and if you have what it takes, you’ll likely be noticed and rewarded. And though you’re not guaranteed a promotion, the job is often a stepping stone to work for other publications. But don’t take my word for it: Do some fact-checking. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Freelance Writing category, check our popular posts, or choose a related post below:When to Use â€Å"That,† â€Å"Which,† and â€Å"Who†15 Words for Household Rooms, and Their SynonymsEmpathic or Empathetic?

Occupy Movement Essay Example | Topics and Well Written Essays - 1250 words - 1

Occupy Movement - Essay Example In the recent years this movement has seen arrests, police raids and police brutality during their activities. This movement is seen as an organization that is voicing out the overwhelming grievances of the working class majority (Fleming 54). The Occupy Movement begun by targeting Wall Street due to its role in the 2008 economic meltdown that led to the commencing of the great recession. This great recession saw thousands of Americans lose their jobs and even their homes due to foreclosures. Occupy movement are of the view that Wall Street’s perilous loaning services that involve mortgage-backed securities which in the long-run do not bring in any returns, was the major cause of the meltdown. They are also of the view that the government bailout ruptured a sense of propriety. According to followers of this movement Wall Street recklessly and without insight violated the credit default swap market. and the volatility of the market ought to have been realized earlier. They demand that action be taken against the people in Wall Street who were directly linked to this. The movement has been mostly criticized due to the fact that most of its followers have different messages and goals concerning the movement. However, I believe that although this is true whereby different followers have different viewpoints regarding the movement, the fundamental message of the Occupy Movement is quite coherent. Douglas Rushkoff who is a CNN reporter stipulated that although the followers of the movement have not yet reached the point of outlining an exact list of grievances or the best way to solve them anybody of the opinion that they do not understand what this people are protesting about is being a blatant liar (Times 27). Whether or not we are of their opinion, it is clear what they are distraught about and that they are fighting for a just cause. It is well known that investment bankers who carry out their activities in Wall Street are continuously

The Message of the Torah Essay Example | Topics and Well Written Essays - 750 words

The Message of the Torah - Essay Example Therefore, it is kept and dressed in Synagogue. The significance of Torah can be substantiated by the message conveyed in it, which is about blessing i.e. God will always bless human beings1; which contains an abysmal severity of magnitude and importance for the mankind, particularly the followers. The literal meaning of the term Torah is to teach. The book teaches Jewish people how to pray, eat, and live2. The message of the Torah is that God provides all that mankind needs and give commands to choose the way of life. â€Å"The Torah conveys the message that God has blessed the humanity by providing them the required guidance in the form of this scripture† â€Å"male and female created He them, and blessed them, and called their name Adam, in the day when they were created â€Å"3 The Torah delivers the message that God has blessed us by keeping us alive and sustained in this earthly environment. The message it conveys is about self-satisfaction. Everything that human beings need in order to be happy has been provided by God. No matter how many difficulties we face in our lives, the recitation of Torah will fill ourselves with happiness and satisfaction. This shows that Torah is the source of solace and a means to achieve contentment in this highly materialistic world of today. In the present times, when materialism has heightened to extreme extents, individuals have forgotten to find happiness in nature and to be thankful with what one has. Torah acts as a reminder which aids to achieve contentment and inner peace. â€Å"and He said: If thou wilt diligently hearken to the voice of the LORD thy God, and wilt do that which is right in His eyes, and wilt give ear to His commandments, and keep all His statutes, I will put none of the diseases upon thee, which I have put upon the Egyptians; for I am the LORD that healeth thee†4 The central message is predominantly preoccupied with human actions. It further teaches individuals to follow the commands of God