Fractional reserve banking dissertation The WritePass Journal

Fractional reserve banking dissertation Chapter 1 Fractional reserve banking dissertation Chapter 11.1 Introduction1.2 Research Aim1.3 Research Objectives1.4 Research Method1.5 Dissertation Structure1.6 LimitationChapter 3 Methodology3.1 Data Sources3.2 Methodology Approach3.2.1 Data Samples3.3 Selection of Research Methodology3.4 LimitationsRelated Chapter 1 1.1 Introduction Fractional reserve banking concepts, theories and a real life case of debate by the Bank of England Governor Mervyn King have been investigated in this dissertation from a perspective   differed to the mainstream. There have been controversy on the discussion on the nature and uprising of fractional reserve banking. Therefore, the author believes a need for awareness on the history and nature on subject is worth identifying. The approach mentioned above is expected to form a new angle on the issue investigated and conducting further insight for a more dynamic instead of a static framework in forthcoming research. Based on extensive reviews on texts, books, research papers and websites. Appropriately, from the literature review, the author would consider fractional reserve banking as a widely spread banking system in which allows banks to create money in a banking system by lending a fraction of its deposits   while keeping only a small fraction of the original deposit as a reserve available for withdrawal and daily operations. This kind of de facto banking operation system has been legit and practiced by all commercial banks. Accordingly, a vase amount of publications have been stating the goldsmiths were the inventors of this banking mechanism. In this dissertation, the author would be looking into the background of a brief history of fractional reserve banking in the 17th century, as this operation has been operating throughout the globe in every commercial banks for decades.   In addition, a critical review Fractional Reserve Banking as a system as a whole and its affects on our modern day society. And by explaining some common misconception on fractional reserve banking and full reserve banking. In addition, evaluating a case of speech by the Bank of England Governor Mervyn King and the Bank of England’s view on this banking system and concluding with some perspective on future development and reformation on the current fractional reserve baking system. 1.2 Research Aim The aim of this research is to investigate, identify and indicate the existing critical factors and problems behind the fractional reserve banking system in the UK by going through a critical literature review and a case on the Bank of England’s Governor Mervyn Kings’ speech on the subject and identifying possible reform suggestions. In order too achieve the research aims, the following objectives below have been set. 1.3 Research Objectives This research approach is expected to investigated and identify the background history, insolvency and possible reform suggestions in the current fractional banking system in the UK. It will mainly focus on critical analysis and literature review and case study on fractional reserve banking, full reserve banking, critiques on fractional reserve banking and possible reform suggestions from a financial and ethical perspective. In order too fulfill research approach, the research objectives have been created and summarized as follows: Firstly, identify the concept and background of fractional reserve banking, capital reserve ratios, full reserve banking and reform proposals by reviewing literatures. Secondly, find out the history and possible up rising of fractional reserve banking. Thirdly, distinguish misconceptions and critical analysis on fractional reserve banking. Fourthly, explore and recognize key factors and problems above the theories by critical analysis on the selected case study. Fifthly, perceive possible reform suggestions to the current fractional reserve banking system. 1.4 Research Method In order to achieve a high standard quality of result, it would be important to identify the research method and methodology. General business research stages will be followed in the research process. The general business research stages includes defining the objective, planning a research design, planning a sample, collecting data, analyzing the data, framing a conclusion and lastly, preparing the report (Zikmund,2003) The main research method in this research approach would be literature review. In order to maintain a high quality and thorough systemic research; gathering supportive information, theories and frameworks   includes published researches, academic journals, case studies, academic publications is necessary. 1.5 Dissertation Structure Chapter one is an introduction briefly introducing some background information, research aim, and objectives for this research approach. Chapter two largely focus on the relevant literature reviews to the research project which consists of history on fractional reserve banking, definition and concepts and misconceptions on the subject. The literature review is to identify supportive and relevant information to the research area and focus. Chapter three will be providing an overview on the methodology and research method selection, supportive software used for extensive comparative analysis and the chapter will also be identifying data formulation. Chapter four will be revealing the research result, findings and case analysis, which is supportive, and relevance to the further discussion. Chapter five will be concluding the research paper with suggestions for reform and points out critical factors uncovered in this research approach, and future improvement. 1.6 Limitation Because of exceptionally limited time in the whole research process, the result and quality of the research paper is therefore in constriction. On the other hand, a lack of up to date literatures and researches in terms of critiques on fractional reserve banking has inevitably increased the difficulty in acquiring expressive and reliable data in the systemic approach. As stated above, therefore the author would have a level of difficulties in obtaining the perfect research result. Chapter 3 Methodology 3.1 Data Sources The research frameworks are well organized and carried out accurately in order to achieve a research result as precise as possible. First of all, to understand the importance of the research methodology, the research process will be identified and explained. In this case, relevant literature review from all possible sources and formats from books, journal articles, thesis and the internet will be included as the primary source of data. The secondary, research data format would be using a case study as its function is to verify arguments from other sources and helps drawing views and debates on the nature of the subject. 3.2 Methodology Approach 3.2.1 Data Samples The method adopted for this research project involved extended on-site visits to Thomson One Banker and Emerald Journals. In addition to it, SSRN research database Accordingly, Thomson One Banker represents the most important data source. A relevant case from the data sources was carefully selected to achieve a better understanding of the factors and critiques on fractional reserve banking. The author also implemented additional press research to verify the data in the Financial Times and The Economist. 3.3 Selection of Research Methodology In this research paper, the author tends to apply case study approach and sources of data from literatures. Which emphasize on observing and reasoning as a result of understanding the nature of the phenomena in terms of expressing the observation the author’s point of view. The case study method is also known as the realistic analysis that studies a current phenomenon within its present-day and real life perspective involving various sources of data (Yin, 2003). Anderson (1998) added that the case study approach is about the exploration of contextual realities and dissimilarities between what was planned and what have actually occurred in terms of who, why and how things happen. As well, Edge and Coleman (1986) mentioned that the case studies enable researchers to gain high degree of confidence in their judgment and verdict, which as well improve the degree of humility. The case study approach is a common use of technique of corresponding to what, who, when and how things happen. Therefore, the case study approach is chosen in order to assist the author to deliver a conclusive debate. From a several source of supportive evidence, literature review and case study enables the author to look deeply into real life happenings. Furthermore, An explanatory case study offers the data and perception based on cause-effect relationships, responding to whom, why and how things happen in its natural context that includes the point of view of the participants (Kos, 1991). And throughout the methodology progress, it has been a great media of increasing the existing understanding of the processes by businesses and other organizations implemented, this is because it is a way of creating consistent and yet valid evidence. 3.4 Limitations Arising from the extensive case studies and literature reviews, the research methods can hardly be factually completed due to the limitations of the research approaches. There are at least three obstacles in obtaining unbiased references from the methods chosen. Potential inadequacies in this research include the large amount of data, which may have led to missing important data or overweighting some findings due to focusing on a particular and big set of data. Besides, it is possible that revisiting the data would reveal other issues and aspects would occur. Moreover, a research study generally is limited to descriptions of what the author gathered from the case study and literature reviews analyzed, which also limits the ability to generalize the results. On the other hand, the research study is time-consuming to gather and even so it takes lots of time to analyze as cutting corners on either of these aspects can probably cause to lower the value and credibility of the research paper. As a result, the author might or might not give valuable data in the time given. Besides, the author faces the challenges in representing of the information gathered. Every researcher has different ways of presenting the same set of data based on different styles and emphasis which leads the author to have difficulties in summarizing the data collected. Shionoya (1992) defines that methodology is known as the philosophical study of reason behind a prescribed use of methods. Consequently, studies of various definitions, concepts and theories are preferred to verify the functions and importance of methodology. This study correspondingly indicated the purpose for applying different methods and clarified the motive of a specific method which in terms of aiding in framing the particular discussion.   Consistently, this theory is considered as predictable and recognizable. As quoted from Easterby-Smith et al (1993), the discipline which investigates and evaluates methods of inquiry, of validation, of teaching etc., a theory within that discipline. It is important to pay attention that methodology is about method and not the same as method (Easterby-Smith et al, 1993). Accordingly, as there are different emphasis within methodology and method, this theory has distinguished the point on investigation and evaluation which has illustrated the methodology and method noticeably. However, in terms of the distinctive yet complex methodology, as the theories gathered and examined is the result the research in which that the real functions might influence the research, therefore, there are still many components to be considered within the research process. In fact, there are array of research methods available is widespread. Khairul (2008) mentioned that the choice of which method to employ is dependent upon the nature of the research problem. However, the actual suitability of a research method comes from the nature of the social phenomena should be explored (Morgan and Smircich, 1980). In substance, Remenyi and Williams (1993) presents as many as 20 types of qualitative methods and Creswell (1994) proposes basic methodological traditions of research namely ethnography, grounded theory, case study and positivism and post-positivism for phenomenological studies. In addition, Quinn-Patton (1987) offers various methods for consideration. Methodology unquestionably can be used as a decision-making procedure, which is carried out for guidelines of one or more analysis or suppositions. Khairul (2008) stated that a paradigm is a hypothetical design that likely to classifies the researcher’s reality yet one may not be aware of it. Consequently, there is a connection of theoretical decision making to strategies of collecting different backgrounds and different types of figures. Furthermore, the choice of which appropriate method to employ is important in terms of those available background information and figures. Under the circumstances, it is clear that every type of methodologies and methods has explicit and implicit research design. Accordingly, methodologies and methods shape the research process in terms of questions asked and answers received, as well it privileges specific ways of knowledge. In the main, paradigm and perspectives are taken adequate account in the framework of the research. Thus, research methodology is the way showing researchers conduct their researches. A paradigm is defined as a worldview representing people’s value judgments, norms, standards, frames of reference, perspectives, ideologies, myths, theories, and so forth, in terms of managing their thinking and actions (Gummesson, 1991). As cited from Leedy (1997), there are mainly two basic methodological traditions of research derives from the nature of reality, known as positivism and post positivism namely phenomenological. In order to maintain the analysis of the phenomena, sufficient information and precise elements might be required in positivist paradigm. Conversely, the use of several sources of information can help extensively in improving the validity and reliability of the research. By studying every aspect of the problem from as many angles as possible, and by using different sources of data, the case study research strategy is a powerful research tool in the hands of a capable researcher (Hodkinsons, 2001). It is believed that bias is everywhere but it can be minimized with following the steps as mentioned above.   The author understands that it is the crucial task in the research paper to reduce the bias level. Reference Admati, A.R., DeMarzo, P.M., Hellwig, M.F., and Pfleiderer, P (2010), ‘Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital regulation: Why Bank Equity is Not Expensive’ Stanford Business School, mimeo. Arrow, K.J. (1951), ‘An extension of the basic theorems of classical welfare economics’, In Proceedings of the Second Berkeley Symposium on Mathematical Statistics and Probability, ed. J. Neyman, Berkeley: University of California Press, 507–32. Arrow, K.J. and Debreu, G. (1954) ‘Existence of an equilibrium for a competitive economy’, Econometrica 22, 265–90. Bagehot, W. (1873), ‘Lombard Street: A Description of the Money Market’, Wiley Sons, (reprinted 1999). Bank of England, (2009), ‘Financial Stability Report’, June 2009, available at bankofengland.co.uk/publications/fsr/2009/fsrfull0906.pdf Diamond, D.W. and Dybvig, P. H. (1983, 91(3)), ‘Bank Runs, Deposit Insurance, and Liquidity’, The Journal of Political Economy, pp. 401-19. Brennan, S., Haldane, A. and Madouros, V. (2010), ‘The Contribution of the Financial Sector Miracle or Mirage?’, available at bankofengland.co.uk/publications/speeches/2010/speech442.pdf Colangelo, A. and Inklaar, R. (2010), ‘Banking Sector Output Measurement in the Euro Area – A Modified Approach’, ECB Working Paper Series No. 1204. Debreu, G. (1951), ‘The coefficient of resource utilization’, Econometrica 19, 273–92. Fisher, I (1936), ‘100% Money’, Revised edition, New York: Adelphi Company, 1936. Friedman, M. (1960), ‘A Program for Monetary Stability’ New York: Fordham University Press, 1960. Haldane, A. (2010), ‘The $100 Billion Question’, available at bankofengland.co.uk/publications/speeches/2010/speech433.pdf Hellwig, M. (1995), ‘Systemic Aspects of Risk Management in Banking and Finance’, Swiss Journal of Economics and Statistics, Vol. 131 (4/2), 723-737. IMF (2009), ‘Global Financial Stability Report’, April 2009. Institute of International Finance (2010), ‘Interim Report on the Cumulative Impact on the Global Economy of Proposed Changes in the Banking Regulatory Framework’, available at ebf-fbe.eu/uploads/10-Interim%20NCI_June2010_Web.pdf Kay, J. (2008), ‘We let down diligent folk at the Halifax’, Financial Times, 24 September 2008 Kay, J. (2009), ‘Narrow Banking: The reform of banking regulation’, CSFI report. Keynes, J.M. (1936), ‘The general theory of employment, interest and money’, London: MacMillan (reprinted 2007). Kotlikoff, L.J. (2010), ‘Jimmy Stewart is Dead: Ending the Worlds Ongoing Financial Plague with Limited Purpose Banking’, John Wiley Sons. Lacker, J.M. (2010), ‘Real Regulatory Reform’, available at richmondfed.org/press_room/speeches/president_jeff_lacker/2010/lacker_speech_201 00301.cfm Miles, D. (2010), ‘Leverage and Monetary Policy’, available at bankofengland.co.uk/publications/speeches/2010/speech451.pdf Modigliani, F. and Miller, M.H. (1958), ‘The cost of capital, corporate finance and the theory of investment’, American Economic Review 48, 261–97. Pigou, A.C. (1920) ‘The Economics of Welfare’, 4th edition, London: Macmillan, 1932. Tobin, J (1987), ‘The Case for Preserving Regulatory Distinctions’, in Restructuring the Financial System, Federal Reserve Bank of Kansas City, 1987, pp. 167-183 Tucker, P. (2010a), ‘Resolution of Large and Complex Financial Institutions: The Big Issues’ available at bankofengland.co.uk/publications/speeches/2010/speech431.pdf Tucker, P. (2010b), ‘Shadow Banking, Financing Markets and Financial Stability’ available at bankofengland.co.uk/publications/speeches/2010/speech420.pdf Weitzman, M. L. (1974), ‘Prices vs. Quantities’, Review of Economic Studies, vol. 41, p.477-91. Wolf, M. (2010), ‘The challenge of halting the financial doomsday machine’, Financial Times, 20 April 2010.

Theory and Practice Behind the Creeping Barrage of WW1

Theory and Practice Behind the Creeping Barrage of WW1 The creeping/rolling barrage is a slowly moving artillery attack acting as a defensive curtain for infantry following closely behind. The creeping barrage is indicative of the First World War, where it was used by all belligerents as a way to bypass the problems of trench warfare. It did not win the war (as once hoped)  but played an important role in the final advances.   Invention The creeping barrage was first used by Bulgarian artillery crews during the siege of Adrianople in March 1913, over a year before the war began. The wider world took little notice and the idea had to be re-invented again in 1915-16, as a response to both the static, trench-based, warfare into which the swift early movements of the First World War had stalled  and the inadequacies of existing artillery barrages. People were desperate for new methods, and the creeping barrage seemed to offer them. The Standard Barrage Throughout 1915, infantry attacks were preceded by as massive an artillery bombardment as possible, intended to pulverize both the enemy troops and their defenses. The barrage could go on for hours, even days, with the aim of destroying everything under them. Then, at an allotted time, this barrage would cease - usually switching to deeper secondary targets - and the infantry would climb out of their own defenses, rush across the contested land and, in theory, seize land which was now undefended, either because the enemy was dead or cowering in bunkers. The Standard Barrage Fails In practice, barrages frequently failed to obliterate either the enemys deepest defensive systems and attacks turned into a race between two infantry forces, the attackers trying to rush across No Mans Land before the enemy realized the barrage was over and returned (or sent replacements) to their forward defenses...and their machine guns. Barrages could kill, but they could neither occupy land nor hold the enemy away long enough for infantry to advance. Some tricks were played, such as stopping the bombardment, waiting for the enemy to man their defenses, and starting it again to catch them in the open, only sending their own troops later on. The sides also became practiced at being able to fire their own bombardment into No Mans Land when the enemy sent their troops forward into it. The Creeping Barrage In late 1915/early 1916, Commonwealth forces began developing a new form of barrage. Beginning close to their own lines, the creeping barrage moved slowly forward, throwing up dirt clouds to obscure the infantry who advanced close behind. The barrage would reach the enemy lines and suppress as normal (by driving men into bunkers or more distant areas) but the attacking infantry would be close enough to storm these lines (once the barrage had crept further forward) before the enemy reacted. That was, at least, the theory. The Somme Apart from Adrianople in 1913, the creeping barrage was first used at The Battle of the Somme in 1916, at the orders of Sir Henry Horne; its failure exhibits several of the tactics problems. The barrages targets and timings had to be arranged well beforehand and, once started, could not be easily changed. At the Somme, the infantry moved slower than expected and the gap between soldier and barrage was sufficient for German forces to man their positions once the bombardment had passed. Indeed, unless bombardment and infantry advanced in almost perfect synchronization there were problems: if the soldiers moved too fast they advanced into the shelling and were blown up; too slow and the enemy had time to recover. If the bombardment moved too slow, allied soldiers either advanced into it or had to stop and wait, in the middle of No Mans Land and possibly under enemy fire; if it moved too fast, the enemy again had time to react. Success and Failure Despite the dangers, the creeping barrage was a potential solution to the stalemate of trench warfare and it was adopted by all the belligerent nations. However, it generally failed when used over a relatively large area, such as the Somme, or was relied upon too heavily, such as the disastrous battle of the Marne in 1917. In contrast, the tactic proved much more successful in localized attacks where targets and movement could be better defined, such as the Battle of Vimy Ridge. Taking place the same month as the Marne, the Battle of Vimy Ridge saw Canadian forces attempting a smaller, but much more precisely organized creeping barrage which advanced 100 yards every 3 minutes, slower than commonly tried in the past. Opinions are mixed on whether the barrage, which became an integral part of WW1 warfare, was a general failure or a small, but necessary, part of the winning strategy. One thing is certain: it wasnt the decisive tactic generals had hoped for. No Place In Modern War Advances in radio technology – which meant soldiers could carry transmitting radios around with them and co-ordinate support – and developments in artillery - which meant barrages could be placed much more precisely - conspired to make the blind sweeping of the creeping barrage redundant in the modern era, replaced by pinpoint strikes called in as needed, not pre-arranged walls of mass destruction.

Highschool and American Government Essay Example | Topics and Well Written Essays - 2000 words

Highschool and American Government - Essay Example As the discussion outlines representatives and Senators are under an obligation to such persons and corporations, because they provide significant contributions towards election expenditure. In most instances, these individuals and agencies, render direct help to the candidates in their election campaigns. The President may decide whether to ratify or reject a bill and the legislators do not override the decision of the president. They have to respect the call given by the president and act accordingly. From this paper it is clear that the voters in the constituencies of the legislators can also influence the ratification of a bill. It is not possible for legislators to routinely reject the appeals of the voters in their constituencies. Moreover, any representative or senator who persistently goes against the wishes of the voters is at risk of losing in the next election. The personal beliefs of legislators play a major role, while voting for a bill. This is demonstrated by the fact that when Congress members make strong demands regarding some issue, they will not change their stance even if enormous pressure is brought to bear upon them by party members, lobbyists or even the president. If a member takes up a strong stand on some issue, then the voters of his constituency cannot compel him to withdraw from his stand. That is the power of personal belief, which plays a decisive role in the voting process. While casting their vote regarding some issue, legislators on occasion, consu lt experts in that field and this promotes the public good. Nevertheless, corporations and individuals at times, compel legislators to cast their vote in favor of causes that only benefit the former. This could prove to be detrimental to the general public.

The Concept of Ethics in Business Assignment Example | Topics and Well Written Essays - 2250 words

The Concept of Ethics in Business - Assignment Example Decision making involves a course of action that is taken towards the attainment of certain goals in a given organization (Amos et al 2008). There are different concepts which affect the organization’s decision-making process and these are ethics, leadership, service, and character. 1. Basically, the term ethics is primarily concerned with distinguishing between what is good and bad. Special attention is focused on issues of morality and professional conduct in an organization where honesty and integrity are regarded as the guiding principles (Rossouw 2004). The value system shared in an organization defines its ethics and it should not be compromised for financial purposes as this will discredit the organization. 2. Leadership is defined as the ability of an individual person to influence the efforts of the other members of the organization to follow a particular course of action that is concerned with the attainment of set goals. Amos et al (2008) concur that leadership is concerned with inspiring, motivating, envisioning, promoting learning as well as team building so that the objectives of an organization are achieved. 3. A service is an offering which is intangible and can be exchanged for monetary value or equivalent. For instance, a taxi ride or banking facilities are all examples of services which are intangible. Good services to the customers are advantageous in that they positively contribute to the organization as a whole through increased profitability from more sales since the customers are satisfied. 4. A character can be described as an attribute in a particular person that helps distinguish that person from the other. People, as well as other products, are not homogenous and they have different features that make them different from the others. In an organization, the management must try to establish the character of the employees so as to be better positioned when it comes to decision making.

How Bronte Shows the Reader Janes Resilience in Jane Eyre Essay

How Bronte Shows the Reader Jane's Resilience in Jane Eyre The novel Jane Eyre is written by Charlotte Bronte and is set in the 1800’s. It describes how Jane rose up from her orphan status at the start of the story to a higher status with Mr Rochester. More importantly Jane finds happiness. During the 1800’s a woman’s status was low and to have a higher status would involve marrying into a rich family or already belonging to a wealthy family. The story shows how Jane copes with the ups and downs in her life, during her journey for happiness. The aim of this essay is to show how Bronte shows Jane’s resilience to events throughout the novel. Resilience is the ability to withstand suffering, to show strength. The essay will also include how successful Jane is as a heroine. Qualities that could be considered to make Jane a heroine are selflessness, courage and bravery. Throughout the essay will be references to six episodes that occur during the novel. Each of the episodes will show Jane’s resilience or her heroic qualities. At the start of the story Bronte presents Jane as a young girl who is being bullied by her cousin John Reed. When she stands up to him she is punished and no one believes that he is a part of the bullying. She is then sent to the â€Å"Red Room† by her aunt Mrs Reed. The â€Å"Red Room† is where her uncle died and has only been used for guests since. As well as being bullied by John, he expects Jane to respect him, for example: â€Å"say, what do you want Master Reed?† He acts superior to her. After being treated badly Jane still has the courage to say â€Å"wicked and cruel boy† to John and not give up and let him win. During her stay at the â€Å"Red Room† Jane believes she sees a ghost, she cries for help... ...rage and bravery. She doesn’t cave in and give up hope, she is resilient. All of the episodes throughout this essay show Jane’s resilience. I believe that the reason Bronte wrote Jane Eyre was to show that if you want something bad enough you will get it. Jane wanted happiness and respect from others; at the end of the novel she has achieved this. Jane was in many bad situations but she was determined so she got through them all. The novel is also about the status of women in the 1800’s. I think that Bronte was also trying to show that women have strength and that they deserved the same respect as men. The detail in the story and the point of view that Bronte gives us, encourages the reader to understand the sort of life led by women during the 1800’s and their low status in society. The reader would also admire Jane as she was such a strong individual.

The busiest day of the week

My first visit to a courthouse took place on a Monday, which is apparently the busiest day of the week. The first impression I had of the people was that they all seemed to have a purpose. There did not seem to be anyone like me; an observer trying to get a feel for the courthouse. It was a bit intimidating to go to court without a reason. I was a little concerned that someone would ask me where I belonged, or ask me to leave the courtroom where I was watching the proceedings. As it turns out, everyone is far too busy with their own concerns to worry about anyone else.When I arrived at the courthouse, I had to walk several blocks; this was the closest place to park. I waited outside in line with at least a hundred people, most of whom had a jury notice in their hands. It took a while to get inside because of the metal detectors. I noticed that many people were able to cut to the front of the line. It seemed that they were court employees or lawyers. Once inside, I had to put my bag a nd keys in the tray before being admitted. A woman in the other line set off the detector, and the guard checked her over carefully.Clearly, security is very tight in the courthouse. I checked the schedule that was posted on the wall so I could figure out what courtroom to visit. I was early, so I had to wait outside in the hallway for a half hour before entering with a large group of people. The seats in the courtroom were almost completely filled; I only waited about ten minutes before the bailiff instructed us to remain quiet during the proceedings, to turn off our cell phones, and for the defendants to remain in the courtroom until they had been called.I noticed a few men and women sitting in the front wearing suits and holding briefcases. The bailiff opened a door and several men and women dressed in jail jumpsuits sat down in the jury box. At this point, the bailiff told us to rise and announced the judge as the â€Å"honorable Judge Ronald Meeks†. He was accompanied by a woman with a stack of files. The bailiff introduced everyone; the woman was the file clerk. There was also a court reporter and two clerks. The first case was called. A young black male was led to the defense table from the jury box, and Judge Meeks instructed the prosecutor to begin.He stated that the young man was being arraigned on charges of possession of narcotics with intent to sell. The intent to sell was implied because of the amount of drugs he possessed at the time of his arrest. The judge asked if the defendant had any priors, and was told that he had been arrested twice before on the same charges and convicted once. The defendant had just been released from the county jail three months earlier. At this point, the judge asked for a bail recommendation, and the prosecutor requested that it be set at $50,000.The defense lawyer, an older black woman dressed in designer clothes, argued that he could not afford the bail because he didn’t have a job. She assured Meeks that he lived at home with his mother and that his mother would take responsibility to make sure he came to court for his trial. The judge told her that because of his prior conviction, the amount of bail would stand. Judge Meeks asked if there was anything else, and both lawyers stated that they were finished. At this point, the judge turned to the clerk and asked her to set a trial date.She gave a date that was two months away, but the prosecutor said that he was unavailable. The date was finally set three months ahead. Once the case was dismissed, the prosecutor remained at the table and the defense lawyer and her client left the courtroom. It was at this point that I realized they were doing arraignments the entire day in this courtroom. One by one, the defendants would go up with their lawyers (or in some cases, they would meet a public defender) and hear the charges against them and the amount of bail to be set. There was no drama, and there were no arguments.It was all very quiet and civilized. As I left the courtroom, I saw jury members going in and out of the jury room. Many of them were on cell phones, complaining about waiting to be released. The courthouse was very crowded that day, and there were many individual courtrooms with people waiting outside. I can understand now why the courts have such a long backlog of cases. There are far too many people seeking a judge’s attention, and too few employees to handle the masses. My final impression is that a courthouse is probably the best place to work because it seems that there is a job for everyone.

Film Crash Film Analysis - 1178 Words

MEDIA ANALYSIS Essentialism and non-essentialism views on race as represented in Paul Haggis’ film Crash. â€Å"You couldn’t find a whiter, safer or better-lit part of this city. But this white woman sees two black guys †¦ and her reaction is blind fear† (Cheadle Haggis, 2004). This quote is from the academy award-winning film Crash, by Paul Haggis. Haggis demonstrates both essentialist and non-essentialist concepts through his characters living in downtown Los Angeles. Crash follows various characters over a thirty-six hour period as their lives intertwine through a series of incidents, and how each individual deals with the racial tension that plagues the city. Haggis’ uses repetition to force the characters to ‘crash’ back into each other†¦show more content†¦John then advances himself onto the woman where he inappropriately gropes her. John displays evident essentialist thinking in this scene, specifically othering. John racially profiles the African American race by using language like, â€Å"you people† and â€Å"I canâ€℠¢t look at you [African American women] without thinking about the five or six more qualified white men that didn’t get your job† (Cheadle Haggis, 2004). However later on John saves the same woman he groped after she is involved in a car accident. The scene shows John pulling the woman’s dress back over her legs as he reaches over her to undo her seat belt. This scene shows John in a different light, one where he pushes his prejudices aside and saves this woman regardless of her race. However, it is not evident if this suggests that his racial views have actually changed, but it does allow the audience to perhaps believe that he could be starting to re-think his essentialist views. Stereotyping is commonly shown through the thirty-six hour period for character Anthony (Ludacris). His journey, like most of the characters, sees him start with extreme essentialist thinking. 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