Friday, January 24, 2020

The Second World War (WWII) - Identities Honored :: World War 2 II Two

JOE FOSS PAGE Joe Foss was born in 1915 to a Norwegian-Scots family in South Dakota. He learned hunting and marksmanship at a young age. Joe Foss was inspired by Charles Lindbergh, especially after he saw Lindy at an airport near Sioux Falls. Five years later he watched a Marine squadron put on a dazzling exhibition, led by Capt. Clayton Jerome, future wartime Director of Marine Corps Aviation. In 1934, Joe began his college education in Sioux Falls, but he had to drop out to help his mother run the family farm. However he scraped up $65 for private flying lessons. Five years later he entered the University of South Dakota again and supported himself by waiting on tables. In his senior year he also completed a civilian pilot training program before he graduated with a Business degree in 1940. When he graduated he enlisted in the Marine Corps reserves as an aviation cadet. Seven months later, he earned his Marine wings at Pensacola and was commissioned a second lieutenant. For the next nine months he was a "plowback" flight instructor. He was at Pensacola when he was notified about Pearl Harbor, and since he was Officer of the Day, he was placed in charge of base security. Thus he prepared to defend Pensacola from Jap invaders, riding around the perimeter on a bicycle. He was then ordered to the aerial photographers school and assigned to a VMO-1, a photo reconnaissance squadron. But he insisted he wanted fighter pilot duty, even after being told he was to old at the age of 27. After lengthy lobbying with Aircraft Carrier Training Group, he learned all about the new F4F Wildcat, logging over 150 flight hours in June and July. When he finished training, he became executive officer of VMF-121. Three weeks later, he was on his way to the South Pacific, where Americans were fighting t change the momentum of the war. Arriving in the South Pacific, VMF-121 was loaded aboard the escort carrier Copahee. Joe Foss fits well into this book because he is an example of an ambiti ous leader and at this time of need thats what was very important. Joe Foss was one of the success stories of his age. He represented his generation well and is commended with a story in this book. GEORGE SHULTZ George Shultz was a man who accomplished many things in his life. He graduated from Princeton University in 1942 and recieved a B.

Thursday, January 16, 2020

Hearts R Us Case Essay

Under normal circumstances, preferred stock is classified as an equity item. However, there are certain cases in which preferred stock could be classified differently on the balance sheet. According to FASB ASC 480-10-25-8, any financial instrument that carries an obligation to repurchase the issuer’s equity shares would be classified as a liability. In this case, the contingent redemption right would fall under this scope dictating that the preferred stock would fall under a liability. The liability would carry a credit balance. It is also imperative to disclose the unusual voting right of electing one board member, the conversion rate, the additional protective rights and the rights of first refusal and co-sale rights in summary form in the financial statements. This falls under FASB ASC 505-10-50-3 which states â€Å"an entity shall explain, in summary form within its financial statements, the pertinent rights and privileges of the various securities outstanding.† Since Hearts R Us did not obtain FDA approval by the fifth year anniversary they are subject to their contingent redemption price which obligates them to redeem the stocks for par value. This is set by FASB ASC 480-10-35-3 which determines that if the settlement price and date, which in this case is the par value for the price and the fifth year anniversary for the date, are fixed then the firm would subsequently pay the fixed amount. This would result in a debit to the account in which the liability was placed under. If Hearts R Us were to fall under SEC requirements, it would still not change because according to FASB ASC 480-10-S99-3A â€Å"preferred securities that are redeemable for cash or other assets to be classified outside of permanent equity if they are redeemable (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder, or (3) upon the occurrence of an event that is not solely within the control of the issuer.†

Wednesday, January 8, 2020

The Death Penalty Of Capital Punishment - 960 Words

The justice system is filled with opposition. Those who support the use of Supermax, the death penalty and the execution of those who are mentally retarded and juveniles, and those who oppose the above mentioned. The following essay will discuss all mentioned topics. In evaluating the use of â€Å"Supermax† against the long-term pathologies it creates, one must first consider what pathogies it actually creates: (1) It plays a role in producing or exacerbating mental illness in prison; (2) it affects the psychology and self-perception of prisoners, whether or not they can be described as mentally ill; and (3) it raises broader questions about the larger or â€Å"collateral† effects of the US prison complex. My evaluation of the Supermax system is that it is a method to make money, but is broken system and not beneficial or healthy for those confined to Supermax centers. The alternative to â€Å"Supermax† prisons among other prisons, is the death penalty. Capital punishment is a highly debated topic. There are those who support the death penalty, and an equal amount of people who oppose it. There are many avenues to argue against the use of the death penalty. Two of those arguments are that, Firstly, capital punishment to be considered to be discriminatory, by those who oppose it. Those who oppose its use find it to be disproportionally used in cases where the defendant is underprivileged, in combination of being a minority. Secondly, the cost associated with capital punishment isShow MoreRelatedCapital Punishment : The Death Penalty1482 Words   |  6 PagesMrs. McElmoyl 12/12/14 Capital Punishment As stated by former governor of New York, Mario M. Cuomo, Always I have concluded the death penalty is wrong because it lowers us all; it is a surrender to the worst that is in us; it uses a power- the official power to kill by execution- that has never brought back a life, need inspired anything but hate. (Cuomo 1) This is one of the main arguments against capital punishment (also known as the death sentence.) Capital punishment is the ability for a governmentRead MoreThe Death Penalty And Capital Punishment931 Words   |  4 Pageswritten down (Robert). The death penalty was applied for a particularly wide range of crimes. The Romans also used death penalty for a wide range of offenses. Historically, the death sentence was often handled with torture, and executions, except that it was done in public. In this century, the death penalty, execution or capital punishment, whatever you’d like to refer it as, is the result for committing capital crimes or capital offences and it is not in public. The death penalty has been practiced byRead MoreCapital Punishment : The Death Penalty1410 Words   |  6 PagesCapital Punishment in America In 1976 the Supreme Court of the United States of America ruled the Death Penalty constitutionally permissible. The debate over capital punishment has always been a topic of great controversy. Before the Supreme Court ruling in 1976 America had been practicing capital punishment for centuries. At the current time some states enforce the death penalty, while some do not. There are differences of opinion’s relating to whether or not the death penalty is the proper wayRead MoreCapital Punishment And The Death Penalty991 Words   |  4 PagesCapital Punishment Imagine your having a normal morning, eating breakfast doing your normal routine. Suddenly your phone rings and when you answer you hear the worst news possible. One of your family members has just been murdered in cold blood. You cry, mourn, then become angry. You attend the court hearing and you sit less than 20 feet away from the murderer. Do you truly believe this person deserves to live? Or should they face a punishment that is equal to their crime? Some may say CapitalRead MoreThe Death Penalty And Capital Punishment1569 Words   |  7 Pagesthe death penalty also referred to as capital punishment. The death penalty is both useless and harmful to not only criminals but also their potential victims. This paper uses these horrific facts to try and convince the reader that the death penalty should be done away with before it is too late, although that time may have already come. With supporting evidence to support my cause, I hope that the following information sways at least one reader to see the harm of keeping the death penalty an activeRead MoreCapital Punishment And The Death Penalty1235 Words   |  5 PagesWhat is capital punishment? Why do people support it, but yet people cherish lives? Is it a moral thing to do? Should one be for or against the Death Penalty? Let’s take a look deep into the world of justices and why capital punishment still exists in today’s society. Capital punishment or the death penalty is a feder al punishment given to criminals who are convicted of murders. It is the highest law punishment available that can prevent future murders by developing fear within them. Capital punishmentRead MoreCapital Punishment And The Death Penalty1017 Words   |  5 PagesName: Lucas Falley Topic: Capital Punishment Background: Capital punishment, or the death penalty, has existed for thousands of years. For as long as there has been organized society, the death penalty has existed in numerous cultures and civilizations. Throughout the years the methods have changed, but the use of capital punishment is becoming a pressing matter. Amnesty International reports that there are 140 countries worldwide that have abolished the death penalty, while over 50 countries stillRead MoreThe Death Penalty Is A Capital Punishment1271 Words   |  6 Pages What is the death penalty? The death penalty is a capital punishment that is punishable by death or execution. This is usually given to people that have committed serious offences or capital crimes. There are 31 states in the United States that are for the death penalty. Crimes that are punishable by the death penalty, vary from state to state. Examples of such crimes are; first degree murder or premeditated murder, murder with special circumstances, such as: intende d, multiple, and murder whichRead MoreCapital Punishment And The Death Penalty1539 Words   |  7 PagesCapital punishment, otherwise known as the death penalty, has been the center of debate for a long time. Capital punishment may be defined as the â€Å"[e]xecution of an offender sentenced to death after conviction by a court of law of a criminal offense† (Capital Punishment). Up until 1846, when Michigan became the first to abolish the death sentence, all states allowed legal practice of capital punishment by the government (States). Currently, there 32 states still supporting the death penalty and 18Read MoreThe Death Penalty Of Capital Punishment1480 Words   |  6 Pagesjustice system, such as the death penalty. Capital punishment has been used many times in history all around the world, and it was quite popular. Many people argue that capital punishment is useful in deterring crime and that it is only fair that criminals receive death as punishment for a heinous crim e. On the contrary, others see the death penalty as a violation of the 8th amendment. It restricts excessive fines, and it also does not allow cruel and unusual punishment to be inflicted upon criminals