Tuesday, August 6, 2019
Unemployment rate Essay Example for Free
Unemployment rate Essay Unemployment rate is defined as the percentage of persons looking for a job but did not secure work for the last month (3 weeks) within the labor force. In other words Unemployment rate can be referred to as the ratio of the labor force that is not engaged in employment. The person considered to be unemployed must have the requirements for the employment like be of sound heath and searching and willing to work. There are different forms of unemployment that can occur in an economy include. Cyclical unemployment results from the business cycles of economy of boom, recession, depression and recovery. During recessional times there is reduced demand for goods and services by consumers. Seasonal unemployment usually occurs in economies activities that are seasonal in nature especially agriculture like planting and harvesting season. Structural employment occurs when employees do not have the skills to match job requirements. The workers who possess the required skills may be far from the potential employing firm. Unemployment reflects unutilized resources in the economy. The total labor force indicate all the numbers of able person in the activity involved in work and that are unemployed and looking for work in the last three weeks. The labor supply is the number of individual who are willing to supply their efforts at work given the prevailing wages in the labour markets. Even at full employment level of the resources in the economy that is land, capital and labor there is a natural rate of unemployment. The potential GDP level is said to be experienced when labor is efficiently engage the resources in the production process. Usually the form of unemployment at the potential GDP is the frictional unemployment which occurs in the switching from one job to another. This is the most unavoidable form of unemployment (Stiglitz, 1985) According to Keynes inflationary pressures in an economy results as people demand hire wages (price of labor input) to enable them meet the higher cost of living. The unemployment in the economy can be understood by examining the interaction of aggregate demand (AD) and aggregate supply (AS) curves which is explained by the Keynesian economics. The aggregate demand of labour is the number of workers firms want to hire in the production process given their production technique and the market price of labour in form of wages. The Keynesian theory argues that prices and wages to sticky that the do not vary fast in the short term labor that is a duration of 3 months to 1 year that is nominal wages being the price of labor do not simultaneously respond to the quantity of labour resource supplied in the market.. However in long term beyond one year prices of resources (capital and wages for labor do change) which explains the vertical supply curve of labor. In the short term classical economists argue that since prices and wages are sticky as reflected by a horizontal aggregate supply curve (AS) The Keynesian framework provides an explanation on spending in the economy which forms the aggregate demand (AD). Monetary policy affects output and employment by through the shifting of aggregate demand curve. The AD shows the total resources for a country GDP; include in the AD are consumption (both private and public) investments to replace worn out capital and inventory ,government expenditure and the net export position of a country. The total spending curve is inversely related for price and quantity of output in the market. The spending in the economy by private consumers and public sector elicits demand for labor which human effort to produce goods and services by industries (Stiglitz, 1985). The rate of unemployment can be reduced by stimulating the economy by offering incentives to investors. The availability of cheaper sources of capital offers an avenue for economic growth. Any stimulus package by the states in the economy aims to encourage employment of resources which include labour through the private sector. The increment on private personââ¬â¢s disposable income and low rates of interest are conducive for businesses. A major issue at macroeconomics level is the rates of inflation and unemployment. The aggregate supply curve (AS) and AD help to analyze the equilibrium prices and quality in the economy. This analysis is said to be concluded at comparative statistics ie others factors constant and not variables are changing over time. The Phillips curve captures the inverse relationship between unemployment and inflation level. The government is forced lower interest rates on borrowed funds by investors on the face of inflationary pressures in the economy to stimulate consumer and investor borrowing and later spending to facilitate economic recovery and growth . Failure to intervene may result in a recession. Inflation reacts to curtail spending and leads to jobless as firms cannot hire workers without a market for goods. Phillips curve states that lower rates of unemployment can only be achieved at higher prices for goods in the market. The classical economists led by John S Mill. David Ricardo; Thomas Malthus and Adam Smith advocates for free enterprise and freedom in the market that is lack of state intervention in the economic activities. In the US, the bureau of labor keeps the statistics figures on unemployment (Kimberly . A 2008) for its commodities . The business cycles experienced by an economy are a result of variations in the aggregate demand (AD) not the capacity of the economy given by the resource pool of a nation (land, labor, capital and entrepreneurial capacity). The reduction in the demand of a good that uses labor leads to unemployment in the economy. Bottlenecks experienced by many US firms like the current credit crunch results in unutilized capacity in production and unemployment. Firms use labor input up to the point whereby the marginal cost of labor equals marginal revenue for the commodity being produced. In perfect markets for labor there is perfect information on available work opportunities. In reality however information asymmetry hinders communication between work seekers and employing firms. According to Adam Smith the market can promote efficiency and ensure equal prices with perfect information on the market. Efficiency means full utilization of available capacity with minimal wastages. According to George Stigler in the article Information the search for highest reward (prices) with minimal cost is usually difficult. Information seeking process involves costs. (Stiglitz 1962) According to Arthur Okun an economist in 1962 the level of unemployment in economy is used to explain the growth in a countryââ¬â¢s gross national product (GNP). Decline in level of unemployment tend to be correlated with a rise in a country GNP. This shows an improvement in economic well being of a nation is all sectors factored in the national accounts.Using World War II (1948) period accounts Okun found out that 3. 2% increase in GNP was accompanied by a percentage unit decline in unemployment. (Howland F et al 1980) References Romer C. D (2004) Business Cycles. Liberty Library Economics Article. http://www. econlib. org/library/Enc/BusinessCycles. html Stiglitz J E (1985) Information and Economic Analysis: A Perspective Economic Journal 95, supplement: Conference Papers: 21ââ¬â41. Howland F and Barrelo H (1980). There are Two Okunââ¬â¢s Law Relationship Between Output and Unemployment. Wabash College article
Monday, August 5, 2019
Financial Analysis Report Hyatt Finance Essay
Financial Analysis Report Hyatt Finance Essay This report is prepared to analyse the financial statements for Hyatt Hotel Corp. I have analysed three years Balance Sheet and Income Statement for the year 2009 to 2011. An introduction has been provided with the key data of Hyatt, its geographic spread, market, brands, strategy and a brief history is covered. Income Statement Analysis is performed followed by various financial ratios, profitability ratio, solvency ratio, liquidity ration and activity ratios has been calculated and compared for the years 2009 to 2011. A discussion on how well the Hyatt has performed with in the industry has been provided. Its performance is benchmarked with two other industry leaders, Accor Hotels and Marriott Hotels. Some of the issues identified are discussed in conclusion. All the findings are supported with data available from the financial statements. Balance sheet analysis is done and various ratios have been discussed in details. Hyatts performance is evaluated for the year 2009, 2010 and 2011. At the end a conclusion is made followed by some recommendations to buy, sell or hold on the investment is provided. HYATT was established in 1957 by Mr. Jay Pritzker, after acquiring Hyatt House Motel located near Los Angeles International Airport. Hyatt became a public company sector company in 1962 as both Pritzker brothers Jay Donald expanded the family business into North American Management Hotel ownership country. Hyatt became the global hospitality leader after its Launching of innovatively designed Hyatt Regency Atlanta in 1967. Hyatt is now named as Hyatt Hotels Corporation after Hyatt International Hyatt Corporation was conjoined in to one company and operating for Pritzker Familys interest (Hyatt 2013). Hyatt believes in expansion, innovativeness diversification this represented by its 9 competitive brands owning 500 properties which are globally spread around the world into 46 countries. (Hyatt 2013). Each brand is designed uniquely to offer a distinguished experience of Food Beverages, ambience and services to the guests. It is their attitude and personalized touch that makes the stay memorable. Park Hyatt which is known for its luxury sophistication has a spread of 30 hotels in major gateway cities of America, Europe, Africa Middle East, and Southwest Asia Asia Pacific. ANDAZ as the name suggests has a unique design and at the same time has insights of local neighbourhood. The company has 9 hotels under this brand. Grand Hyatt has huge infrastructure and spectacular design, with innovative concepts of food and beverage. It is preferred brand for grand weddings, convections and meetings. Hyatt brand has 28 properties. Hyatt Regency is aimed for business travellers convention travellers, equipped with most of modern technologies and guest friendly atmosphere. Hyatt Place is ranked no. 1 select service brand by Business Travel News 2012 Survey, it has a wide range of 172 properties in United States and Costa Rica. Hyatt House was formerly known as Summerfield Suites and is designed in residential size to make the guest feel at home as it offers extended stay in all their 54 properties. Hyatt Resorts are all located at the vacation destinations thus they are well known as beach resort, mountain resort, dessert Resort etc. they are most conveniently constructed with all the leisure around to make the tour relaxing and adventurous. Hyatt Vacation Clubs are time share properties which offers ownership to the members to enjoy access to any Hyatt Vacation club in addition to their home destination, Hyatt entered into vacation ownership in 1994(Hyatt 2013). Hyatt has partnership with 19 diversified non profit organisations and contributes them in their various activities; this is a part of their social responsibility. Hyatt has identified specific market segments and their competitors in order to make their services the best and customer friendly, like introducing Web Check in for any Hyatt properties, various spas and leisure activities at tourists and business properties, has identified requirements of amenities by guest feedback and introduced it. The company understands that customer satisfaction is totally dependent on employee satisfaction in a service industry and their asset is their work force, therefore Global Hyatt was awarded as 2011 Best place to work. Hyatt has also been awarded as Best Elite program in Asia-2012 for boosting their guests loyalty through Gold, Diamond and Platinum memberships. This strategically planned program offers complimentary stays and services; this ensures higher frequency of their guests. One of i ts major introductions of competitive strategy is ANDAZ which is an eco friendly brand and an intelligent innovativeness to decrease the carbon footprints. Hyatt accomplishes it mission and goals by Diversity and Inclusive Framework for building and focusing on their work place, work force and market place (Hyatt 2013).Hyatt has 60 individual spas with the original concept of healing with water and it introduced its spa in 1972, in Indonesia. This is a strategy of diversification and expansion. Hyatt plans to introduce an Eco Track web based tool for monitoring Hyatts environmental impact by gathering monthly data of their environmental goals, it aims to start full fledge by 2015. This would include reduce energy consumption, water consumption, green house emission and waste sent to the landfills in comparison to 2006 levels. Hyatt Union Square in Manhattan along with restaurants of One Five hospitality group is in pipeline for April 2013, besides that Andaz Tokyo, first Andaz Hotel in Japan is to open in 2014. Park Hyatt Mallorca is the first Hyatt hotel in Mallorca, an island in Mediterranean for which Hyatt has entered into an agreement with Spanish real estate company. Moreover Hyatt plans for expansion and growth in the competitive hospitality industry by diversification and innovativeness (Hyatt 2013). Income Statement Analysis How has the group performed? In last three years of Hyatts performance (year 2009 to 2011) review I can state that its sales has been increased each year, the increase is not constant but each year has shown overall increase from the previous year as shown in Appendix-I Profit Loss Statement of Hyatt. The % movement (sales) of year 2009, 2010 and 2011 is 6, 5 and 11 respectively. From the last three years of review, it can be said that the performance indicators are showing a positive upward trend for the company (Hyatt 2013). The percentage movement of rooms in the year 2009 was not very promising for the company but the positive trend of sales improved the room % movement for the year 2010 and 2011 as 4.1 and 8.5 respectively. The average occupancy data supports the increase in sales for years 2009-2011. For the said period average occupancy is 65.7, 70.9 and 72.5. (Hyatt 2013) REVPAR defined as revenue per available room has shown an upward increase from year 2009 to 2011 ($103 to $122) refer to the values in Appendix-I Profit Loss Statement of Hyatt. The companys revenue has been on steady increase as per REVPAR. The average room rate (ARR) often known as average daily rate (ADR) has been on increase in the last three of review. The ADR or ARR for the said years are $157, $163 and $169 for the year 2009, 2011 and 2011 respectively. The % movement increase for the years 2009 to 2011 is 4% to 7.6%. The company has seen a growth of REVPAR despite some of its properties were under renovations during the period 2009-2010 as mentioned in the annual report of the company. From its North American Management and Franchising, the companys revenue has increased due to the increase in franchisee and other fees increased due to improved profitability across the portfolio. Hotel industry/companies are evaluated in terms their ability to generate profits on sales, known as profit margin. Poor pricing and sales volume can bring down the profit margin. The gross profit for the last three years of the company has increased from $579 to $741 thereby increasing the gross margin % from 17.4% to 20%. This shows that the company has been performing well and its management has control over its expenses. The net profit has fell sharply in the year 2009 which is -$43. This sharp fall was due to the high operating expenses and low operating income, added to it was low equity earnings and high interest expenses. Net profit shows a rapid upward trend in the year 2010 and 2011 i.e. $66 and $113. This was due to the high operating income at hand and low interest expenses. This indicates that the company has recovered from losses and looks more promising in the year 2010-11. The net profit margin of the company has increased from negative to positive value showing profitable growth earnings for the company. The net profit margin for the last three years is -1.29%, 1.87% and 3.06%. Benchmarking of the Company (Hyatt): The benchmarking of the company is performed with two of industry leaders named Accor Hotels and Marriott Hotels. Various financial ratios are compared for the years 2009, 2010 and 2011. Profitability comparison of two industries: ROA: Hyatt has shown a better return on assets or in other words a better profitability of hospitality industry (-0.65) as compared to Accor (-2.3) and Marriott (-5.3). The performance of Hyatts has been steady and its profitability has increased in three years term to 1.53%. In the year 2011, Hyatt is under performing as compared to Marriott but better than Accor which has ROA of 0.60% as shown in following graph: Fig 1 In the year 2010, Accor has a very high ROA followed by a sharp fall in year 2011, which indicates that very high fluctuations of ROA possess a higher risk of instability of the company. ROE: Another key ratio is return on equity which compares the net income of the companies with owners investment. Hyatts ROE has shown a gradual increase for the last three years. Compared to Accor and Marriott in the years 2009, it was the best investment company in hospitality. In 2010, Hyatt has shown a gradual increase of 1% on ROE as compared to Accor and Marriott which has shown a very sharp rise of 100% and 29% respectively. A company with a higher ROE is a better investment than one with a lower ROE since it has a stronger ability to generate cash flows internally; however, this is not completely accurate. Looking at the Accor and Marriott for the year 2010, they show a high ROE values, but the following year they have shown a greater investment risk as compared to Hyatt, the graph below represent the same. Fig 2 EBIT: Lower EBIT ratio means the company is less capable of meeting its liabilities. If the ratio is 1.5 or less, then it is considered a high risk and its ability to meet its interest expenses may be questionable. As compared in 2009, Hyatt is not performing well as compared with Marriott whose EBIT is 3% as compared to Hyatts -0.09; however, in 2011 the situation is upside down. Hyatt is performing well as compared to Marriott. The EBIT of Hyatt is -2.49% whereas Marriott stands on -12%, refer to the graph below: Fig 3 After analysing various financial ratios between three groups of hotels, I have analysed that, Hyatt has performed better and shown constant improvement in recent three years, whereas Accor and Marriotts have shown huge up and downs throughout, which describes these groups have less stability. Balance Sheet Analysis The total assets of Hyatt have shown an upward movement for the year 2009 to 2011 from $7,155 to $7,507 or in other words, the percentage movement of total assets has a sudden rise from 1% to 5% for the year 2009-2011. This is due the fact that the total non-current assets have increased from $5,146 to $5,916 even though the current assets have decreased from $2,009 to $1,591 for the said period. Looking at the current assets trend the financial perform has taken the downward trend from year 2009 to 2011. This downward trend of current assets has raised the questions about how quickly the company can meet its liabilities if the need arises? Combined with the non-current assets of the company the overall movement is upward. The reason for the increase in total assets is the year 2011 is due to the high increase in property equipment assets; refer to the Appendix-I Balance sheet of Hyatt. (Hyaat 2013) Current ratio of the company shows its liquidity power, in other words, liquidity ratio analyse the company ability to carry out its short term obligations. For companys liquidity ratio for the year 2009, 2010 and 2011 are 4.06, 3.63 and 2.8 respectively. High current ratio in the year 2009 and 2010 indicates a high risk as management was not investing the companys assets productively to grow the revenue in 2009-10. This also means that the company has too many idle assets not being invested. Total current liabilities has increased from year 2009 to 2011 from $495 to $568, this is mainly due to the Accrued expenses increase for the year 2011 from $188 to $306. The total current liabilities movement has taken a sharp dip from 20% to -5% and then rise to 15% for the year 2009, 2010 and 2011 respectively. This also led to the net assets for the company decreased from $5040 to $4828 from year 2009 to 2011. The inventory turnover rate of the company has risen from 25.1 in 2009 to 42.5 in 2011. This growth was appreciated by the shareholders because it implies that company has become more capable of efficiently turning its inventory into sales in these three years. Companys earnings before interest and taxes (EBIT) increased quickly in the last three years (from $5 to $142), which finally resulted in a big increase of profit margin in 2010. Return on assets measures how much profit a company can squeeze out of its assets. A higher return is preferred. The situation of the company is much better in the later years as compared to the starting years of analyses. Its return on assets ratio has increased year by year in the last three years. The ROA % has increased from -0.6% to 1.5%. Return on equity ratios are used to interpret a companys ability to generate earnings from its investments. (Andrew, Damitio, Schmidgall 2007). ROE% for the company has shown a steady increase from -1% in 2009 to 2% in 2011, the profit margin% increased to 3.06% from -1.29% (because companys net income had become positive) respectively(Hyatt 2013) Debt ratio measures how much debt a company has in its total assets. A lower debt ratio can be interpreted as the company being capable of carrying its liabilities since there are enough assets (Andrew, Damitio, Schmidgall 2007). Companys debt ratio increased from 42% to 55% thereby meaning that the companys ability to satisfy its liabilities has decreased. The financial leverage of the company is the ratio of its total liabilities and total assets. The lower the ratio is, the better the company is performing and has a lower risk of failing down or becoming bankrupt. The leverage ratio for the company has shown a decline from -29.6% to -35.7% from year 2009 to 2011 which shows a lower financial risk for the company. Interest coverage ratio determines companies ability to pays interest on outstanding debts, here company has shown constant downfall in interest cover from -0.09, -2.91 and -2.49 for year 2009-11 respectively. Here companies ability to meet interest expenses are questionable, company is in burden by debt expenses (Andrew, Damitio, Schmidgall 2007). Conclusion The Hyatt has shown an increase in its performance and reviewing its last three years of Income Statement and Balance Sheet it is evident that this group is doing better than its other two competitors in hospitality sector; however, there are some issues with its investment policies. Its management did not invest its assets efficiently which led to a higher current ratio in the year 2009-10 exposing the company as high risk to meet its liabilities. This behavior is also supported by return on assets ratio. In the later year, the company has shown a decline of leverage ratio, putting the company into better financial shape and making low risk company in its sector. To sum up, there was a significant increase in companys financial statement in 2011. Compared to 2009, its revenue and net income increased sharply, while its total assets grew by $7507 million dollars. The equity of company decreased to $4828 million, while there was an increase of the total liability to $2679 million. According to the previous analysis of Hyatt Hotel Corporations financial performance from 2009 to 2011, it is clear that company has experienced a sharp increase of its revenue and net income in 2011. One of the main reasons is that the occupancy rate and room rate increased. Overall, trends are looking decent and I would recommend buying the investments in the company.
Sunday, August 4, 2019
Spanking Your Child is NOT Necessary Essay -- Against Corporal Punishm
Spanking Your Child is NOT Necessary Spanking your child has created a firestorm of debate among parents and non-parents alike. There appears to be only two sides to the argument, those for and those against. Each offers evidence to support their case, and both sides are fervent in there beliefs. There are many parenting books, classes, and articles on the internet to help people through the process of becoming a parent. Each has there own take on discipline, but most I have read are against spanking. à à à à à The idea of discipline has changed a lot over the years. My Grandfather had very stern rules when it came to punishment. My father on the other hand was a lot more lax. Now that I myself am a father, I am grappling with the questions of what to do with my children. I donââ¬â¢t believe in spanking. I take the approach of time outs, and other various forms of punishment. à à à à à In San Francisco it is illegal to spank your child. Whether or not the government should intervene in the discipline of peopleââ¬â¢s children is a touchy subject. On one hand I applaud their decision. But on the other, the thought of Big Brother enters my mind. If a law can be passed legislating how we punish our children, how far can they go? And in which direction? If one municipality decides spanking is bad, what is to stop another from deciding it is good? Do we want laws passed stating that we should, or have to spank our children? The chances of that happening are slim, but stranger things have h...
Business Letter of Reference :: Business Reference Letters
October 11, 2014 2987 Strawberry Lane Suite 1555 Somewhere, ST 01234 To Whom It May Concern: RE: Customer Reference - Cool Arts Inc. I have been asked to write this letter of reference because our company will no longer be operating its printing plant that has served Cool Arts Inc. for more than two decades. Cool Arts has been one of our top customers for the past 22 years. Accordingly, I have no hesitation in recommending them as a company with which to do business. In addition to doing business with his company for many years, I have known the president and founder of Cool Arts, Pablo Picasso, for over 25 years. We were classmates and teammates at Somewhere University in the mid 1970s. Knowing him for so long I am quite comfortable in vouching for him as a great individual as well as a concerned and active citizen in this community. As far as a company to do business with, Cool Arts Inc. is one of the best that we have ever dealt with. Its practice has always been to pay our printing invoices within the 30-day time limit. We did significant amounts of business, especially during the past 8 years, and I cannot recall a late-payment situation involving the company. Billing disputes were rare, and those only required some minor additional documentation for clarification and resolution. Cool Arts was one of the best companies that I have ever dealt with from a change-order and work scheduling perspective. We maintained close communication with the company's production people and they always kept us apprised of their upcoming workload. Thus, scheduling jobs on our presses was never a problem.
Saturday, August 3, 2019
Mary J. Blige â⬠The Magic of Share My World :: Music
Mary J. Blige ââ¬â The Magic of Share My World Every explorer names his island Formosa, beautiful. To him it is beautiful because, being first, he has access to it and can see it for what it is. But to no one else is it ever as beautiful- except the rare man who manages to recover it, who knows that it has to be recovered.à -Walker Percy, The Loss of the Creature An island. Hmmm, my island. My island on which I will do nothing but sit and admire the beauty and serenity of nature at work around me. A catch. One disc. One piece of music so wonderful, so captivating, that I will listen to it for hours upon end. My disc will signify life- and love. It will be a window to the complex world of who I am. To me it will represent who, and what, I have left behind: the things which I value and care deeply about. In my life, that it is love. Above all else, love is what makes my world go 'round. Joy, anticipation, excitement, longing, sadness, and pain: I want to be able to experience these essential feelings until the day I die. Hardships and bliss alike. It sounds impossible, I know. But there is a disc. There is an artist who captures all of this and a little more in her music. Should I be left on a desert island, Mary J. Blige and her album Share My World are what I would choose to take with me. Stand on my shoulders for a little while. See Mary J. through my untrained, childish eyes. Let her be discovered by you, vicariously through me. I was probably only twelve years old when it started, a time when bike riding and rolling your jeans were the "cool" thing to do. I was at an impressionable age, and I was trying to grow up. I wanted to be just like all the high school girls who went racing through my neighborhood in their sporty little cars, music blaring from the windows. On that particular afternoon, I was sitting in the grass next to my mailbox waiting for my friend in the next neighborhood to ride over. I heard the bass first. I didn't see anything yet- but I heard, far off, a distinct beat. I liked it already. As the noise got closer, I realized it was a song. Mary J. Blige ââ¬â The Magic of Share My World :: Music Mary J. Blige ââ¬â The Magic of Share My World Every explorer names his island Formosa, beautiful. To him it is beautiful because, being first, he has access to it and can see it for what it is. But to no one else is it ever as beautiful- except the rare man who manages to recover it, who knows that it has to be recovered.à -Walker Percy, The Loss of the Creature An island. Hmmm, my island. My island on which I will do nothing but sit and admire the beauty and serenity of nature at work around me. A catch. One disc. One piece of music so wonderful, so captivating, that I will listen to it for hours upon end. My disc will signify life- and love. It will be a window to the complex world of who I am. To me it will represent who, and what, I have left behind: the things which I value and care deeply about. In my life, that it is love. Above all else, love is what makes my world go 'round. Joy, anticipation, excitement, longing, sadness, and pain: I want to be able to experience these essential feelings until the day I die. Hardships and bliss alike. It sounds impossible, I know. But there is a disc. There is an artist who captures all of this and a little more in her music. Should I be left on a desert island, Mary J. Blige and her album Share My World are what I would choose to take with me. Stand on my shoulders for a little while. See Mary J. through my untrained, childish eyes. Let her be discovered by you, vicariously through me. I was probably only twelve years old when it started, a time when bike riding and rolling your jeans were the "cool" thing to do. I was at an impressionable age, and I was trying to grow up. I wanted to be just like all the high school girls who went racing through my neighborhood in their sporty little cars, music blaring from the windows. On that particular afternoon, I was sitting in the grass next to my mailbox waiting for my friend in the next neighborhood to ride over. I heard the bass first. I didn't see anything yet- but I heard, far off, a distinct beat. I liked it already. As the noise got closer, I realized it was a song.
Friday, August 2, 2019
Origin of the Kingdom of Kushââ¬â¢s Religion Essay
Kushite religion was a combination of ancient Egyptian religious traditions and gods with traditional Nubian customs and beliefs. Archaeological evidence shows that ram cults held a great amount of importance for the Nubians prior to the Egyptian defeat. In order to validate their claim over Nubia, the Egyptians associated their god Amun with the Nubian ram cults. Centuries later, the Napatans reversed the roles and used Amun to claim superiority over Egypt. The ram-headed Amun was worshipped all over Nubia during the New Kingdom and Kushite periods. Amun, the god who granted kingship was deemed the most important in the Kushite pantheon, however, he was not the only Egyptian god worshipped. During the Meroitic period, local Nubian gods took their righteous place in the pantheon. Apedemak, the lion headed god of war was the most celebrated. Until the Meroitic language is deciphered, very little can be understood of their religion and gods other than that they were worshipped in a man ner similar to those of Egypt, attended by priests in extravagant temples. Origin of the Kingdom of Kushââ¬â¢s Religion Kushite religion was a combination of ancient Egyptian religious traditions and gods with traditional Nubian customs and beliefs. Archaeological evidence shows that ram cults held a great amount of importance for the Nubians prior to the Egyptian defeat. In order to validate their claim over Nubia, the Egyptians associated their god Amun with the Nubian ram cults. Centuries later, the Napatans reversed the roles and used Amun to claim superiority over Egypt. The ram-headed Amun was worshipped all over Nubia during the New Kingdom and Kushite periods. Amun, the god who granted kingship was deemed the most important in the Kushite pantheon, however, he was not the only Egyptian god worshipped. During the Meroitic period, local Nubian gods took their righteous place in the pantheon. Apedemak, the lion headed god of war was the most celebrated. Until the Meroitic language is deciphered, very little can be understood of their religion and gods other than that they were worshipped in a manner similar to those of Egypt, attended by priests in extravagant temples.
Thursday, August 1, 2019
Altruism-John F. Kennedy
John F. Kennedy once said conformity is the jailer of freedom and the enemy of growth. Which is true the act of matching attitudes, beliefs, and behaviors to what individuals perceive is normal to their society or social group makes them apart of the masses. Which makes me think; of the many different ways people submit there self into that category. For example watching someone be sexually assaulted and stabbed to death outside of an apartment building but never calling the police to help or even attempting to help yourself. Thatââ¬â¢s what happen to Kitty Genovese and she had thirty-eight witnesses.Why was it that thirty-eight people stood there and watch her murder? Because they were too busy diffusing the responsibility for the simple fact that all these people are around someone must have called. As humans we do that a lot not help someone on the side of the road because they must have someone coming to help, never look at the screaming nose outside you donââ¬â¢t want to g et involve, donââ¬â¢t help that person whoââ¬â¢s being attack; diffusion of responsibility: Diffusing the responsibility of yourself being involved into a situation that might put you in danger.That seem reasonably but how about when you do something that doesnââ¬â¢t benefit you in anyway but you do it because it makes everyone else happy; this is altruism. Let say someone did go and help Kitty Genovese they could have been seriously injured but Kitty Genovese would have had her life. Altruism is any nice gesture you do for someone else at the expense of yourself it doesnââ¬â¢t mean you can't satisfaction from your acts. In most cases of altruism you would enjoy it but the con of it is sometimes you canââ¬â¢t say ââ¬Å"Noâ⬠when you should be saying no.Youââ¬â¢re doing what others want you to do when thatââ¬â¢s not whatââ¬â¢s in your heart to do. All I know is that more people should stand up for others because in any case you would want people to ignor e you in your time of need. I canââ¬â¢t really say how to get help but if youââ¬â¢re in danger caught peopleââ¬â¢s attention, say something important, but most of all caught someone attention. One thing I must say be safe in this crazy world we call earth .
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