The Financial Crisis Of The U.s. Auto Industry - 1295 Words

The Problem The year was 2008 and the daily news for Americans could make us choke on our morning coffee. The financial crisis was something out of a movie that could be titled The Horrors from Wall Street. The nasty mortgage mess was having a negative impact on other areas of the economy. The U.S. auto industry was taking a sizeable hit. It became hard to conceive that a legacy industry like 100 year old General Motors could be in deep trouble. But indeed they were and by June, 2009, General Motors filed for bankruptcy. We held a collective sigh as we heard the word â€Å"bailout† for this iconic company. The government bailout came with a carload of stipulations and it was made clear to General Motors that they would have to make extensive changes in order to comply with all requirements. The government car czar, Steve Ratner, and the Obama administration expected executive leadership at General Motors to turn the company around and as soon as possible. With the passage of time, there is detailed analysis available for researching the complexities surrounding the bankruptcy and government bailout of General Motors. Summary of Findings I had two prevailing questions on my mind when I began my research. The first: what historical conditions existed at GM that contributed to bankruptcy and the need for a bailout? The second: how was the bailout was structured and what requirements were placed on GM? Research on the historical conditions a GM lead me to 2012 article fromShow MoreRelatedThe Financial Crisis Of The Troubled Asset Relief Program860 Words   |  4 PagesThe 2008 financial crisis brought panic and fear to the nation as the stock market plunged, reducing the wealth of millions of Americans. The housing market crash put nearly all the major financial institutions in grave danger of insolvency. 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Analysis Of Aurelius Augustine A Treatise On The Gift Of...

In an attempt to refute the views of a theologian named Pelagius, Aurelius Augustine published a work entitled â€Å"A Treatise on the Gift of Perseverance†, and in this work he explains a view on the gift of perseverance that is not fully in line with what scripture teaches. First I will describe Augustines ideals and stance on Perseverance of the Saints. I will continue by describing that his stance on this topic matter is not entirely coherent with scripture, and then show the overall result his doctrine has had on reformed theology. I will then argue against Augustines doctrine of perseverance from a strictly scriptural standpoint, and show that Augustines use of scripture is not fully encompassing of the whole truth. Aurelius†¦show more content†¦In the year 391, Augustine became presbyter of Hippo, which eventually led to his succession of Bishop of Hippo in 396 (ODonnell). While serving as Bishop of Hippo Augustine went on to publish many works that would passi onately describe his views in an exquisite manner. Several of Aurelius Augustines works were formed in opposition to the views of other christian sects such as his Anti-Donatist, and Anti-Manichean writings. One of Augustines more famed and influential works is his writings against Pelagius. Pelagius was believed to have been born around 354, and his birth place is widely debated upon as being either Britain, or Ireland, and was believed to have died around 418 in Palestine. Pelagius became a well known theologian and felt convicted by the yielding morality of the Romans. He felt that the reason for this very relaxed moral code was due to the view of divine grace. Pelagius believed and preached that mans free will, and own focus on God, would earn them spiritual advancement. This conviction led Pelagius to author his work â€Å"De Libero Arbitrio†, or â€Å"On Free Will†. In this work, Pelagius defended his view that spiritual advancement required a great deal of huma n effort, and that an idea such as perseverance could cause a great deal of moral laziness on the part of Christians. Pelagius published many works on his doctrines, that were often in direct contrast to the views of Augustine, including his view on original

Edgar Allan Poe Research Paper free essay sample

English 10 Honors 13 February 2012 Edgar Allan Poe Edgar Allan Poe was a sick man that went through a troubling life full of tragedies. For Poe to deal with this he drank and poured his feelings into his works. Honestly as horrible it is that he had to go through all of that we should be grateful because without his suffering these masterpieces wouldn’t have been fabricated. While intensifying his philosophy for short stories Edgar Allan Poe wrote â€Å"The Fall of the House of Usher† reflecting the characteristics of Dark Romantic Movement. Born on January 19, 1809, Edgar’s childhood was no fairy tale. At age three both his parents died and he was sent to live with a tobacco exporter, John Allan in Richmond, Virginia. There he went to a school academy. 1826 Poe went to University of Virginia but in his last year he left because of depts. Edgar Allan Poe’s work experience started right out of college. We will write a custom essay sample on Edgar Allan Poe Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Edgar went into the army, when he left he had reached the rank of Regimental Sergeant Major (May). From then on a lot of his jobs had much to do with newspapers. He wrote short stories, and then through life began being editor of many different magazines and newspapers. Poe was known as a superlative author for poetry and fiction stories. Of course Poe had some thoughts about others work and for some time was a harsh literary critic. Poe had pointed out that a short story was a different sort of fiction; he said that every single detail in the story should contribute. Poe’s work was a guide for other writers in the same genre. Edgar died on October 7th 1849, a few days after being found passed out in an alley (May). Poe’s short story â€Å"The Fall of the House of the Usher† was first published in 1839. The central theme is terror that arises from the complexity and multiplicity of forces that shape human destiny; evil, isolation and failure to adapt are among some of the other themes (May). It all takes place at the old mansion that has been passed down through generations of the Usher family. The mansion surrounded by fungus and a murky lake around the house. The narrator is beckoned to the remote mansion of his boyhood friend, Roderick Usher. Filled with a sense of dread by the sight of the house itself, the Narrator reunites with his old companion, who is suffering from a strange mental illness and whose sister, Madeline, is near to death due to a mysterious disease. The Narrator provides company to Usher while he paints and plays guitar, spending all his days inside, avoiding the sunlight and obsessing over the sentience of the non-living. When Madeline dies, Usher decides to bury her temporarily in one of his houses large vaults. A few days later, however, she emerges from her provisional tomb, killing her brother while the Narrator flees for his life. The House of Usher splits apart and collapses, wiping away the last remnants of the ancient family. Edgar’s inspiration for this story might have come from true events of the Usher House, located on Bostons Lewis Wharf. As that story goes, a sailor and the young wife of the older owner were caught and entombed in their trysting spot by her husband. When the Usher House was torn down in 1800, two bodies were found embraced in a cavity in the cellar (Neilson). Poe wrote in the literary movement of Dark Romanticism. The Romantic Movement was intellectual and artistic, but Poe’s work took that and added a gothic twist to it. This was a start to the recognition of disarray and darkness. †The Fall of the House of Usher† evident characteristics of the Dark Romantics was it was a haunting narrative, in which madness, gothic horror, and a violent death occur (Robinson). Poe was America’s most controversial writer. His work on â€Å"The Fall of the House of the Usher† was reviewed with such a diverse opinion and earned more conflicting analyses then any of his other works. When reviewing Poe’s work you must never forget the sort of person he was- adroit, conscious craftsman and critic who worked out his ideas with mathematical precision, and yet he was essentially a lyric poet (Neilson). Edgar Allan Poe’s philosophy on short stories was shown through â€Å"The Fall of the House of Usher†, all of the characteristics coming from the Dark Romantic Period.