Power and Privilege Exclusion by Race Essay Example | Topics and Well Written Essays - 1000 words

Power and Privilege Exclusion by Race - Essay Example There is no doubt that the law has been used to further discrimination against racial minorities. The law as a political instrument. In a case called City of Memphis v. Greene, 451 U.S. 100, 123,126-27 (1981), the attempt to use the law as an agent of political discrimination is obvious. A white neighborhood association did not want the members of a black neighborhood to drive through their residential area. The City of Memphis, bowing under the pressure of the whites, passed an ordinance that closed the most convenient street giving access to the center of the city. In what can only be described as a wrong-headed decision, the Supreme Court sided with the residents in the name of "residential tranquility." A more classic use of the law as a political instrument could hardly be constructed. The in-power whites did not want the blacks to drive their streets; evidencing pure racism. Their ability to convince the city to close the street and exclude the black community from conveniently driving to the city center demonstrates a regional disregard for those citizens; and the Supreme Court's action took that disregard to a national level. Imagine, if you were a black resident of Memphis at the time, how disenfranchised you would feel. The city, as well as the nation, is telling you to drive out of your way just to preserve the tranquility of white racists. This is not the use of law, it is the abuse of law to further the agenda of the powerful and keep the out-class down. Justice and fairness. Similar to the case above, and a decision which flies in the face of the notion of fairness, the matter of Hernandez v. New York, 111 S. Ct. 1859 (1991), comes to the fore. In this instance, a prosecutor sought to exclude the plaintiff from sitting on a jury simply as a result of Hispanic ancestry. The claim was made that individual Latinos might have difficulty in understanding written documents submitted during the course of the trial, and should not be allowed to sit as jurors. The implication of this assumption is as bizarre as it is inappropriate. While the Supreme Court sided with the prosecution for technical reasons, the racism implied in the very act is clearly apparent; and its extension as a precedent speaks volumes regarding the political use of power and the law. In fact, it should be noted that "[w]here a rule has such a massively disproportionate impact, it is tempting to equate the impact, exclusion of Latinos, with an intent to exclude that grou p" (Friedman and Israel 1745). While the prosecutor in the case may not have intentionally meant to discriminate against an entire class of people, the notion that Hispanics cannot sit on American juries because they may not speak the language well enough is an ugly message to send. Imagine living in the U.S. as a third-generation Latina and being told that you were unfit for jury duty because you were sub-literate. The point you would get was that you were incapable of participating in the legal system because you were inferior as a result of your race. This is neither just nor fair. Once again, the powerful have designed and are perpetuating the institutionalized structure of excluding any one not resembling the people of privilege.

Marine Nature Conservation Essay Example | Topics and Well Written Essays - 4500 words

Marine Nature Conservation - Essay Example As the report declares the consultation proposal seeks to address a number of areas in an attempt to provide a comprehensive framework for marine conservation and providing a situation where the various demands made upon the environment can be managed more effectively as part of a concerted effort to encourage sustainability against a backdrop of the increasing demands that are being made on our seas and its resources. The five areas, which the proposals concentrate upon, are fisheries management, planning, activity licensing, improving marine nature conservation and the setting up of a new marine management organisation. The purpose of this report concentrates the studies on the improvement of marine nature conservation, with reference to the other factors if and where relevant. This essay stresses that there are four main areas where the proposals for the Marine Bill are considering the way forward in terms of the imposition of relevant laws or regulations, with particular relevance to marine nature conservation. The response to the Review of Marine Nature Conservation, Safeguarding Sea Life, identified some key areas that needed to be addressed by government. These included stopping the decline and attacks upon the biodiversity in the environment, in a way that would create recovery of these areas; provide more support for ecosystems and sites for conservation of marine species, especially those most in danger; improve water quality and endeavour to reduce the impact of man’s impact upon it.

Effectiveness of the Current Credit Risk Management of Techcombank in Dissertation

Effectiveness of the Current Credit Risk Management of Techcombank in Vietnam - Dissertation Example How significant does the current credit risk management decreases the credit risk of Techcombank? What are the strategies to decrease the credit risk of Techcombank? In order to address this research question, this paper shall measure the credit risk under the previous risk management strategies compared to the credit risk under the current risk management strategies. If the findings indicate that the current credit risk management does not reduce the credit risk of the bank, then the reasons for it shall be analysed. 1.1.3. Statement of Research Hypothesis In this research study the Null hypothesis (H0) will be tested against the alternate hypothesis (H1) in each case. The null hypothesis (H0) states that Techcombank has established effective controls for reducing credit risk occurrence while the alternate hypothesis (H1) states that Techcombank still does not have established controls for effectively reducing its credit risk. 1.1.4. Scope of the Study The scope of this research is restricted to a study of credit risk and credit risk prevention in Techcombank Vietnam. However, in order to be able to critically review the credit risk situation in Techcombank of Vietnam, the research will rely on literature review from various authors about credit risk, credit risk controls and credit risk prevention. 1.2. Research Objectives / Hypotheses The specific objectives of the research are as follows: Analysis and review of credit risk faced by banks Determining Techcombank’s credit risk controls measures Proposing standards for measuring the credit risk in a bank such as Techcombank based on scientific footings 1.2.1. Significance of Study This study will identify the main causes of credit risk for Techcombank before and after the... The paper tells that for many banks, loans are the most obvious and the largest source of credit risk. However, there are other sources of credit risk which include bank acceptances, interbank swaps, bonds, equities, options, guarantees among others. In the modern times, as the economy of the world continues to grow and the effect of globalization continues to impact on economic activities, need for financing by investors has also grown, causing an increase in demand for financial services from banks. With the growth of the world’s economy, the number of people using banking services is also increasing as many people are increasingly appreciating use of bank services to undertake their businesses and day-to-day financial operations. As the number of borrowers requiring financial services from Techcombank Vietnam increases, the number of financial services extended to borrowers in form of loans, guarantees, bank acceptances, trade financing and foreign exchange transactions is also increasing. Techcombank Vietnam can fail in two ways. First, a bank can become insolvent by suffering losses on its assets or investment portfolio, resulting in a depletion of its capital. Second, a bank can be a profitable business operation, but fail because it cannot meet the liquidity demands of its depositors. The greater a banks expected deposit variability, the greater the proportion of liquid assets Techcombank should hold. The dilemma facing banks is reconciling the conflicting goals of solvency and liquidity on the one hand and profitability on the other.