The Federal Reserve System Essay -- Economics Economy

What the world needs now is Money Sweet Money"; that is not the way the song goes however that is surely the way our world and economy does. Money and its importance relative to the US Government have always been difficult to figure out especially when it comes to interest rates. Due to our Federal Reserve System, its chairman Alan Greenspan, and his Board of Governors dedicated to seeing that our economy blossoms, those doubts have become a thing of the past, for now. The Federal Reserve System is a central banking of the US Government, most commonly known as the Fed. A central bank serves as the banker to both the banking community and the government. It issues the national currency, conducts monetary policy, and plays a major role in the supervision and regulation of banks and bank holding companies. Congress created the Fed in 1913. It was designed to ensure political independence and sensitivity to the many different economic concerns. The chairman and the six other members of the Board of Governors who oversea the Fed are nominated by the President of the United States and confirmed by the Senate. There are twelve District Reserve Banks, subsequently located in Boston, New York, Philadelphia, in Richmond, VA. In Atlanta, GA., Cleveland, OH. St. Louis and Kansas City, MO., Chicago, Minneapolis MI., Dallas, TX. And San Francisco. Each bank is responsible to a 9 member Board of Directors, which is set in a three-class system. The three classes are defined as A, B, and member banks elect C. Class A and the Board of Governors appoints B Directors and Class C. The Board of Directors is responsible for the administration of its banks and the appointment of the banks president and vice-president. This process is set from the base... ...1987. In conclusion, the job of Mr. Greenspan and the Federal Reserve is not an easy one. Whenever money is involved there is always great potential for problems. With the monetary policy always an issue, Mr. Greenspan has to constantly come up with ways to keep our economy steady despite changes nationally and internationally. This recently became a relevant factor. At the very moment Mr. Greenspan was expected to accept his ultimate reappointment as Chair of the FED he was in the process of making it painfully clear that he was not going to allow the rapidly growing economy to foster inflationary imbalances that would undermine the economy's record economic expansion. This and other important factors caused several short-term interest rate increases. This saga continues but the FED with all they have to do has steadily maintained an economy to be proud of for now.

Samoan Culture

Keenan Schwalger Mrs. Kay Berry English 1010 10/19/10 Samoan culture plays a large part in the lives of those with Samoan heritage. Samoan culture is kept strong in a Samoan house hold by keeping the culture alive. This is done by keeping family unity, the art of traditional tattooing, and eating traditional foods and cooking traditional ways. Family life in Samoan culture is huge. They value family very much. It is one of the most important parts of their life. They mostly live with their extended family all in one house in Samoa, or very near them here in the US.Traditionally the Grandmother and Grandfather will live with one their children and sometimes if needed, so will a couple of the Aunts and Uncles. The idea of sending a parent or grandparent to live in nursing home is unheard of in Samoan, and most other Polynesian cultures. It is expected that they will take care of their family. Clarence Schwalger, a Samoan living in Saint George Utah says that â€Å"the entire Samoan cu lture is based around the family†. It is not unusual to see a large Samoan family living in one house. Most Polynesians, including Samoans have very large families, with more than 5 children up to 10 or more.Family is so important that when they have a family reunion the entire family will fly from even New Zealand just to be with the family for a week. It doesn’t matter if they go into debt to go. It is that important to them. Some families can have a family reunion every 2 to 3 years. Any special occasions in the family can be an excuse to get together. Baptism, blessings, weddings, and funerals are all important occasions that bring extended families together. Being together as an extended family is what Samoans love best. The tattoo is a very important, symbolic and, respected part of the culture.It is known as the turning from a boy to a man. The Samoan tattoo is called the Pe’a, and starts on the lower back and run all the way down to the lower thigh. Many of the designs represent animals and have many meanings. â€Å"The triangles on the back resemble the Samoan flying fox. The flying fox is actually a bat, and when it looks for food, it circles in flight. Samoans believe the circular flying represents the cycles of life. † (Channell,18). In Samoa these tattoos are given to the chief of the family and he is the one who is fully tattooed.The tattooing is a very painful process and is done by taking pieces of sharpen bone and ink and taping the tattoo in with a mallet. The tattoo designs are beautiful designs consisting of many geometric shapes put together in a way they flows. The tattoo is much respected. Once started, it must be completed or it will bring shame upon the young man, and his family. After it is completed, the young mans gains new status among his people. With the receiving of his tattoo, he has now taken on the responsibly of being a man, and also to be an example and leader of his family. In Samoa, eating is a large part of the traditional culture.Almost all Polynesians eat in family groups and often invite others to join in their large meals. They almost always cook more than is needed just in case someone drops in for dinner. A Sunday feast called to'ono'i is prepared in a large cooking pots big enough to feed almost an army. In Samoa, traditional meals are cooked in an umu, which is an in ground cooking pit. Food is cleaned, and traditionally wrapped in banana leaves and put on the tops of rocks that have been heated. The food is then covered by more leaves, and the entire oven steams together for several hours.Hot rocks cook amazingly well, and are even used to cook meats as large as a pig. This type of cooking is very hard work, and is so tradition calls that the men do all the cooking. There is an old saying that goes something like â€Å"most people eat until they are full, but Samoans eat until they are tired. † This is evident by the largeness of the people. Samoans love t o eat. The main diet in Samoa consists of chicken, fish and local fruits and vegetables. This is slowly starting to change however, with the introduction of fast food restaurants such as McDonalds.

AIDS/HIV Essay - 2283 Words

Human Immunodeficiency Virus (HIV), can be transmitted through unprotected sexual intercourse, sharing contaminated needles and syringes, mother to child (perinatal) and contaminated blood product (National Association of Health Authorities, 1988). 1.2 PURPOSE OF THE RESEARCH Late HIV diagnosis remains a major problem among black Africans in England. In 2007, about 42 per cent of black Africans diagnosed with HIV were diagnosed late (HPA, 2008a). This compromises their survival chances because evidence indicates that starting treatment with a CD4 cell count below 200 copies/mm3 (a measure of the degree to which an individual’s immune system is compromised) increases the risk of disease progression and death (Gazzard, 2008). The†¦show more content†¦In 2007, there were 2,691 new HIV diagnoses among black Africans, representing 40% of all new diagnoses in the UK (HPA 2008c). The majority had acquired their infection heterosexually and in Africa. The number of new diagnoses among black Caribbeans remained low (189 in 2007), representing 3% of new diagnoses in 2007 (HPA 2008c). The percentage of late diagnoses, that is after a point when treatment should have begun, among new diagnoses of HIV in 2007 was highest among black Africans (42%). Twe nty-seven percent of HIV diagnoses among black Caribbeans were late. The worldwide HIV outbreak continues to impact negatively on African communities in the UK. Sub-Saharan Africa is the region most severely affected by the HIV pandemic; as a result, immigrants from sub-Saharan African countries constitute an increasingly large group of those affected by HIV in the UK (Sinka, et al., 2003; UNAIDS, 2006; HPA, 2007). In the UK, African immigrants make up 36% of those living with HIV (12,558 out of 34,689) despite the fact that they constitute less than 1% of the population (Morris, 2008; HPA, 2009). As part of its continued investigation into the HIV/AIDS epidemic, in 2005 The Guardian newspaper looked at the impact of HIV/AIDS on African communities in the UK and stated the following shocking conclusions: If you are black, African and living in the UK, you are 50 times more likely to be HIV positive than any otherShow MoreRelatedHiv / Aids And Aids1472 Words   |  6 PagesHIV/AIDS is the major ongoing issue attacking sub-Saharan Africa. The damage caused by HIV/AIDS strips families, communities, and increases poverty. In Kenya, the plague has mainly targeted those in the fertile and reproductive age groups. 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