Friday, January 24, 2020

George Orwells Nineteen Eighty-Four 1984 Essay -- essays research pa

Throughout the evolution of man, power and control have been idealized. When power is attained by manipulative dictators, citizens may initially view them as a means to satisfy their need for structure and direction. An author’s grim prophecy of mankind in a totalitarian society is depicted in George Orwell’s, 1984. Citizens in Oceania are governed by the Party Big Brother, which succeeds in controlling their actions and minds. The concept of oppression is taken to a new level, until there is no sense of humanity within the society. Natural instincts and emotions do not exist for the citizens in Oceania, as they are conditioned since birth to be working bodies, lacking mercy and compassion. â€Å"By careful early conditioning, by games and cold water, by the rubbish that was dinned into them at school and in the Spies and the Youth League, by lectures, parades, songs, slogans and martial music, the natural feeling had been driven out of them.† (Orwell, p.71) The main repetitive means of conditioning were the Party slogans which citizens must adhere to; War is Peace, Freedom is Slavery, Ignorance is Strength. War is linked with peace and security, rather than horror and grief. Freedom is viewed as being an individual, therefore more susceptible to torture. The individual is defeated and therefore enslaved to the government rather than being apart of the government. In result, there is no freedom of thought, expression, language, religion, etc. Ignorance is bliss since there is no need to criticize the gove rnment and therefore, fewer confrontations. The proles (proletariats) in the novel are allowed and appreciate primitive emotions. Sex, scent, expression, and the true sense of freedom embody this in the novel. It is ironic that they reserve a sense of humanity, yet are considered inhumane. Eighty five per cent of Oceania’s population is proles, and they are unaware of their potential power. â€Å"If there is hope, it lies in the proles. Until they become conscious they will never rebel, and until after they have rebelled they cannot become conscious.† (Orwell, p.52) Although it could lead to a counter-revolution, they are content in the purity of their lives, and see no need for power since they have not yet been exposed to the oppression in Oceania. â€Å"The lower strata of the middle class – the small tradespeople, shopkeepers, and retired tradesmen generally, the ha... ...collective mind. Orwell uses this concept to relate to the oppression in society present during the time in which he wrote the novel. During the 1940’s, it was not only WWII, but also the time of the dictators Stalin and Hitler, who used brainwashing techniques to take advantage of their vulnerable societies. The Machiavellian Theorem becomes the sole tactic to survival in Oceania. In order to become a member of the Brotherhood, Winston agrees to commit all the carnage that Big Brother has raged on his people. (Orwell, p.180) With angst to be rid of his oppression, Winston has lost his sense of humanity. He now believes that his end justifies his means. Although he believes he resists internally to the Party, his mentality has inevitably been brainwashed by acts of sabotage, and all that O’Brien had to do to corrupt him was to direct his hate elsewhere. The Inner Party develops intricate ways of attacking a person at their personal weakest, and using their various instruments, can break down body, mind, and soul. Although this novel is merely Orwell’s political speculation, it opens the doors to the many possibilities and outcomes of uncontrolled power in vulnerable societies.

Thursday, January 16, 2020

Bond Case Analysis Essay

Summary of Facts Gilda Sears who is enrolled in an Investments class has picked a project on bond price theorems. The two main theorems that she decided to illustrate dealt with coupon rate and term-to-maturity and how these factors influence the price. Thus she included 2 bonds with the same rating and term with a different coupon rate, as well as two bonds with the same rating and coupon rate with different terms. She thought that if the bond markets were efficient, bonds with similar characteristics would be priced so that there would be little difference in the YTM. Besides S&P, she also looked at Moody’s for additional information. There was an increase in the interest rates over 1984-1986 and hence observed the actual YTM at different point in time. Three periods were selected: November 1, 1984, 1985, and 1986. The theorem states that YTM and price, as well as coupon rate and price, should have an inverse relationship, while bond duration and price should have a direct relationship. ** Please refer to Annexure 1 for a summary on the Factual Numbers in the case. Problems The following are the problems of the case: Q1: Using the prices given, calculate the percentage price changes for the three periods for the Boston Edison and American Brand bonds and explain the difference between the changes. Q2: Using the prices given, calculate the percentage price changes for the three periods for the AT&T and Batimore Gas bonds and explain the difference between the changes. Q3: Also, assuming there is a significant decline in interest rates, which of the four bonds would provide the largest potential capital gain? Analysis and Solution ** Please Refer to Annexure 2 for Solution to I and II I. Boston Edison and American Brand * The two bonds have the same rating and maturity dates, but different coupon rates. * American Brand has a higher coupon rate (5.87%) than Boston Edison (4.25%) * The percentage change in the bond prices is inversely related to the YTM and the Coupon Rate. * The difference in the price increase was more significant in the second and the third period. * While the two bonds had comparable percentage price increase in the first period (1985 to 1986), the difference became much more significant in the subsequent periods, where the bond with a lower coupon rate was much higher. * Hence, this is in sync with the Bond Price Theorem. II. AT&T and Baltimore Gas and Electric * The two bonds have the same rating and coupon rates, but different maturity dates. * AT&T has a longer term (2/15/01) than Baltimore Gas and Electric (12/15/98) * The percent increase in price was much more significant in the first period, where the bond with the longer YTM had almost doubled the bond with the shorter YTM. * The percent decline in interest rate was also slightly greater for the bond with a longer maturity date, as longer maturity makes bond price more sensitive to interest rates. III. Largest potential capital gain ** Please Refer to Annexure 3 for Solution to III * I calculated the duration of the bond to make a selection of the bond with the potential capital gain in the advent of a decline in the interest  rates. * Though shorter duration minimizes the risk of actively trading in bonds, bonds with longer durations are less susceptible to fluctuation. * Hence, among the 4 bonds, AT&T is the one with the maximum duration and hence will entail a larger potential gain.

Wednesday, January 8, 2020

The Responsibility Of Health Insurance Portability And Law...

What is HIPPA and Confidentiality? On the responsibility of Health Insurance Portability and Law (HIPAA). It is illegal to gain access to personal health information for any other than medical care, for reasons of operations, as well as reimbursement of HIPAA legislation expenditures mandated strict control over the transfer of personally identifiable health data between two entities, provisions relating to the disclosure of protected information, as well as criminal penalties for violating HIPAA also has privacy requirements that govern the disclosure of information about the state of health of the patient, placed in protected medical records of doctors, nurses and other health professionals. Always remember, the talk about health care or treatment of a patient is a violation of HIPAA. All included in the PHI privacy requirements, such as: the patient s past, present or future physical or mental health or condition; health care of the person, or in the past, present, or future payment for the provision of medical car e of the person, and that identifies the individual or for which there are reasonable grounds to believe that it can be used to identify an individual. Other identifiable health information is the patient s name, address, date of birth and social security number. There have been some of the ethical issues relating to technology development and use, which will consist of some advances, for example, when in vitro fertilization is used in medical practice andShow MoreRelatedHIPAA: Protecting Our Privacy Essay1007 Words   |  5 PagesHIPAA Identity theft has always been in the back of my mind whenever I use my debit card but I wasn’t too concerned about my health information until I learned about HIPAA. 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