Internet Essay Example for Free

Internet Essay Internet these days is very advanced because you can see that internet is everywhere like school, home, and malls as well. There is Wi-Fi where you don’t need to plug in a wire in the computer or laptop to make the internet work. I agree that internet is a useful tool for high school students because firstly, you can finish off your project or research quickly. Secondly, you can save your document into your e-mail. Thirdly you’ll be able to translate words using Google translation. Firstly, internet is a useful tool for doing assignments and research quickly because instead of taking a book out and looking for the answer would take up a lot of time. But if you would use the internet it would go faster and do it faster because the internet gathers the information instantly. Also the fact and information you look up is already on the internet and the internet is more updated then the textbook. When you would get homework in class you can find the answer on the internet within a few minutes. The textbook would take a lot of time researching and writing the answer down on a sheet of paper. But instead of that you would use the internet to research and type it on the computer because it would do faster and save time. Therefore internet is a useful tool for doing assignments and research. Secondly, internet is a useful tool for saving document on an e-mail and transferring to usb. Instead of taking your paper out and writing for hours and hours keeping it with you it would take a long time. When you do it on the computer the internet would automatically save the document. If you would write it down on a piece of paper you could have lost it any time and would have gotten ripped by a dog or your brother/sister. If you want to send it to your friend it would take a minute on the internet. When you would write it on the paper you would have to write it again to give to your friend and that would be boring or waste of time. When you want to do it on the power point you would open your e-mail, gather information from the usb and it would save time by jotting ideas straight on the computer. Thirdly, internet is a useful tool for using the Google translation. If you had to write it down you would have to use the dictionary and it would take you several hours. Instead of that you would use the Google translation that would save you a lot of time. The special thing about Google translation is that you could write any sentence or paragraph in English and then you would get the translation from another language. Also you would have to use books and dictionary to find each word and write it in a paragraph or sentence that would take you a lot of time and 88% of people use Google translation. Therefore, internet is a useful tool for Google translation. In conclusion, I agree internet is useful tool for high school students because firstly, you can finish off your project and research quickly. Secondly, you can save your document into your e-mail. Thirdly, you can use Google translation to translate words. Internet these days is very advanced because the internet is a very helpful tool and the internet helps the student complete their homework faster than it takes for a student to finish their homework by researching books and dictionaries. Now you can compare that internet is much faster and advanced then using textbook and dictionaries. Imagine using book or dictionary as a source to complete homework or any other project?

An Overview Of Indian Bank Base Rates Finance Essay

An Overview Of Indian Bank Base Rates Finance Essay Abstract The paper deals about the issues arising out of implementing base rate for Indian banks. With effect from July 1st, 2010, all banks are supposed to lend at base rate or minimum level of interest rate to customers. The net impact of this for retail customer will not be much as cost of funds for banks are not going to change much and cost of funds determine base rate. Big corporates will be biggest losers as they had advantage of getting loans at sub-base rates. Biggest gainers will be small and medium firms who were getting raw deal earlier from banks. Banks may lose market share in short term but there is going to be greater transparency and trickling down of policies made by RBI across banks due to base-rate system. Game theory has been applied to explain the base rate transition scenario in the paper. Keywords- Base Rate, Private Bank, BPLR, Game Theory, Net Income Margin(NIM) Biographical Notes- Debasis Kumar Dash is a post Graduate from IIT Madras in field in Micro-electronics and VLSI. He is currently doing his MBA from IIM Kozhikode with Majors in finance. His major areas of interest are financial derivatives, Valuation models, risk management and banking sector. He has undertaken several finance projects in field of risk management, corporate finance and financial services. He worked as an intern in KPMG Global Services where he developed a model for Customer acquisition strategy for a financial services firm Introduction The base rate will be the new reference rate for determining lending rates for banks, and will be implemented three months later than earlier planned. It was implemented from July 1 across banks in India. What is the base rate- If you borrow money to buy a Mercedes car or computer or plush bungalow in Mumbai suburbs, you need to pay interest rate that you have to pay to the lender. The base rate is the minimum rate that a bank will offer money at. It is like a floor below which RBI will not allow banks to lend to you. Previously, banks used to give the loans based on a complex system called benchmark prime lending rate (BPLR). Each bank has its own BPLR calculation system which made it difficult for borrowers to compare rates across banks. Why Base Rate Was Introduced- Banks in India charge their largest corporate borrowers less than published prime rates, which they cannot do on new loans from July 1st,2010. The RBI had expressed concern over banks offering short-term loans well below their prime rates to companies and mortgage borrowers. Similar pattern had given rise to Sub-prime crisis in 2008 which had led to financial downturn. Due to competition, banks have been offering loans to first class borrowers with high credit rating at rates much below the BPLR in a non-transparent manner. Banks were charging higher rates from small borrowers in the retail, small business and agriculture segments. This resulted in cross- subsidization.RBI has been concerned about the lack of transparency in BPLR setting. There have been cases when SMEs faced discrimination due to credit policies of Private Banks. Trend has been whenever RBI raises policy rates and reserve ratios, banks are quick to increase their loan rates. But, when RBI reduces policy rates and reserve ratios, banks respond very slowly. This leads to downward stickiness in rates. It adversely impacts the monetary transmission mechanism in the banking system. One important aspect also is BPLR was set on historical market rates. It was backward looking rather than forward looking. It was not able to capture the present market condition and interest rates. Cost of Deposits prevalent in current market scenario was neglected in fixing the rate. Standardization of rates was another issue for RBI .The 3 major players in Banking Industry in India are- Public Banks, Private Banks and Foreign Banks. The Public banks were lending in range of 11-12 %, private players were lending at 14-17% whereas foreign banks used to lend in the range of 14-16%. Now major corporates were still prefering private banks due to better customer service, credit policies and sub-prime lending for big projects. One huge reason with the introduction of BRS as explained by experts is that it will help the Reserve Bank of India to transfer the changes in policy rates (Repo and Reverse Repo under LAF) in a better manner to banks. Under the BPLR, monetary policy transmission is weak due to lack of transparency. This has been detailed out elaborately by Deepak Mohanty Committees Report. Now, with the BRS, RBI expects that banks will respond immediately to RBIs policy rates Base Rate Implementation and Impacts- After the implementation of the new loan pricing system, existing borrowers would continue to pay at existing rates, while the base rate would apply to new customers. The actual lending rate charged to borrowers would be the base rate+ borrower-specific charges including operating costs, according to draft guidelines on the RBI website. The base rate will be more transparent in so far as it will be a function of the banks costs on its capital (or cost of deposits), operating costs, statutory requirements (CRR, SLR etc), credit-risk of the borrower, and the allowable profit margin. The graphs below give trends across the various players in banking sector with respect to cost associated with deposits. Fig-1- Variation of Cost of Deposits Fig 2- Variation of Cost of Funds The trend clearly shows that Cost of deposits is highest for old private banks. Thus by logic, the base rate should be highest for these banks. Similarly, the base rate can be expected to be low for foreign and public banks. The biggest impact is that the new Base Rates from private banks may be lower than the existing Benchmark Prime Lending Rates (BPLR). Due to heavy competition in the industry, some aggressive public banks, whose cost of deposits/funds is lower compared to industry levels, may peg their Base Rates very low. However the RBI Governor as well as several Banks heads are of the opinion that base rate is not going to vary much for retail customers from BPLR. The following graphs show the base rate, BPLR and differences between the rates for the 3 major players. Fig-3- Variation of Rates across Private Banks Fig-4- Variation of Rates across Public Banks Fig-5- Variation of Rates across Foreign Banks Effects on Banks The major categories of Banks mentioned above are expected to be expected in different ways. The graphs shown above indicate that the difference between BPLR and Base rate is maximum for Private banks. Clearly they are at a loss compared to Public and foreign Banks. The problem for private banks is their high cost of Funds and Deposits. So ideally their base rates should be higher compared to Public banks. But if they would have set base rates higher, it would have resulted in loss of customers. So the Net Interest Margin(NIM) for private banks will be affected in short term. The biggest gainers definitely are foreign banks who have the least difference between BPLR and Base rate. Customer attrition should be at a minimum for these banks as change is not significant. Public Banks normally have lower cost of funds and thus can afford low base rates. There is not much change in NIM expected for them due to changing rates. Private Banks can cut competition by offering premium service levels. They can attract corporates by offering value added services and concessions. The other strategy can be to give priority to clients who are financing for projects for national importance and concessions to pay in smaller installments for longer duration. Effects of Base-Rate Loans for Customers- Let us see three major players in customer segment- Retail, Corporate and SME . The critical thing is interest rates are not going to change much for retail customer. The method of calculating interest rates will be clearer to a retail customer but not much effect on EMI for a retail customer. There will not be much impact on banks interest spreads. Banks will have flexibility in controlling loan-pricing elements, like credit risks premium and product specific operating costs. As per various analysis done by experts, Cost of borrowing for Retail customer may decrease in short term but not significantly. Large private corporates will be biggest losers in this process. They were able to get away with sub-prime lending rates in the past due to higher negotiating skills. But with BRS, the corporate might have to go for Bond markets in short term. The other alternatives before them are ECB which have lower borrowing costs. Use of Commercial paper has shown significant growth in the first quarter of this year. It clearly indicates banks losing high networth customers to cheaper sources of finance. Long term impact will be that higher rating companies will have more negotiating power. Let us say Bank A offered loans at 6% previously to Corporates. Now base rate becomes 7.5%. So they now cant be given short term loans below say 8% for a period of 2 years. Previous loans which were given before base rate stays. Now say in money market, CP( Commercial Paper) is being offered at rates of 6.5%. So big corporates will move towards debt market. It will result in loss of market share and credit loans for banks. It will also lead to intense competition. SMEs will be biggest beneficiaries of this project. SMEs will be better compensated than before. They were getting short-changed because of better deals for big corporates. Now they will be willing to go to banks for getting loans. As SMEs form substantial market, so market share of banks will increase. Game Theory Applied to Base Rate Implementation- Below are Payoff Matrix applied to 3 categories of Bank and 3 categories of Customer. 1. Customer Retail Corporate SME BPLR 10,8 10,10 10,5 Public Bank Base 10,9 8,5 8,10 The retail customer is having higher payoff but it is not significant. SMEs are largest beneficiary. Corporates are leaving public bank, thus payoff of banks decreasing whereas larger base rate means lesser payoff for corporate. 2. Customer Retail Corporate SME BPLR 10,8 10,10 10,5 Private Bank Base 8,9 5,5 5,10 The retail customer is having higher payoff but it is not huge. Significantly, there is lower payoff for Private banks due to high cost of funds and rising competition from debt market. SMEs are largest beneficiary. Corporates are looking for alternatives to higher base rate , thus payoff of corporate decreases. 3. Customer Retail Corporate SME BPLR 10,8 10,10 10,5 Foreign Bank Base 10,10 7,7 10,5 The retail customer and SME are not affected.SME are not big market-share holders of foreign banks and hence do not affect payoff. Corporates are leaving foreign bank, thus payoff of banks decreasing whereas larger base rate means lesser payoff for corporate who are staying with public banks. The decrease however is not as significant as of private banks due to reasons explained earlier in the paper. Main advantages of Base rate syatem- Greater control for RBI in transferring effects of Repo rates to banks More transparency for customers in knowing about base rate as it is based on cost of funds. Stoppage of sub-prime loans to bigger corporate. Small and Medium Enterprises (SMEs) may get better rates. The SMEs and small borrowers are subsidizing the corporate loans. Deregulation of interest rates as banks will stop lending at lower rates to loans below Rs 2 lakhs. RBI has given freedom to banks to charge commercial rates for loans below Rs 2 lakh at rates linked to base rate. With this, RBI wants to increase the credit flow to small borrowers. Increase in liquidity of banks. As loans are not doled out on sub-prime rates, more money is left with banks. Conclusion Banks have to adjust to new system as quickly as possible. Cost of funds will play huge role in determination of base rates. Banks also need to look into new avenues for service quality in order to retain old customers. Old private banks face stiff competition from foreign and public banks. The need of hour for bank is product innovation and better customer service to differentiate itself from the rest of banks.

Genealogy and the Internet

Genealogy and the Internet The topic of genealogy has been thoroughly researched throughout the decades. The main problem with genealogy was the travel that traditionally accompanied any genealogist in their search for records and sources. Access to records, or the lack thereof, is the pivotal issue for genealogists. They have lobbied successfully to increase physical access to records, and they also work to increase intellectual access through mentoring and educational programs [6]. For example, genealogists in Minnesota assisted in the transcription of death records and in creating an on-line index [7]. Since the unpredictable explosion of the internet and therefore the creation of online indexes, this issue has practically been wiped out. The Pew Internet and American Life Project found that use of the Internet for hobbies has grown exponentially, and 24 percent of respondents went on-line to research family history or genealogy [8]. GenWeb is an example of a loosely organized group of genealogists who independently select vital records, index them, and publish the indexes online. There is no quality control, true aggregation, or direct linking to the original. What you see is what you get: many separate online indexes, loosely organized under the USGenweb Project umbrella, available at http://www.usgenweb.org. Genealogists building family trees over the Internet through name indexing and vital records data collection projects has become a massive hobby since the introduction of these online indexes.   The Genealogical Society of Utah (GSU), as part of its effort to collect micro film (and more recently, digitized) copies of vital records, developed an Internet Indexing System to manage work flow and provide robust tools for volunteers to carry out name indexing projects from the comfort of their homes [31]. The resulting data goes not only to the GSUs cumulative database, but to each repository that owns the records for merging with its discovery system. This system varies from the work of the GenWeb in this important way. A commercial example of this is Ancestry.com [10], which digitized and thoroughly indexed some of the U.S. Federal Census returns, adding value to a public record. The records themselves (or a microfilm thereof) are available for all to see at no cost at the National Archives and at many other repositories. But Ancestry charges for access to its database and with it, its digital images taken from the microfilm. The added values, those that make this worth paying for, are 1) the aggregation, 2) the indexes, and 3) the convenience of online access. They record dates and places of births, marriages, deaths, places of residence and other information, such as occupation, military service or church affiliation. Pedigree charts are used to record familial relations, and history sheets for supplementary information such as anecdotes, newspaper accounts, or other miscellaneous historical information. Every detail needs to be referred to the original source, invariably a primary or vital record, though sometimes secondary sources such as oral history, family bibles, published genealogies, and transcribed records. 2.1.2 Genealogy in Ireland Information skills development and information exchange are key features of genealogy. When related activities such as membership in genealogical societies, family reunions, and research in libraries and archives are considered, the number of people engaged in genealogical activities is huge [11]. The Irish government has an official website, irishgenealogy.ie, ran by the Department for Arts, Heritage, Regional, Rural and Gaeltacht Affairs. The website contains a huge database of records, consisting of extremely old records such as the 1901 and 1911 Census. In September 2015, the website received a massive boost when over 2.5 million images of Irish births, deaths and marriage records from the General Register Office, making the website a goldmine for Irish genealogists [12]. Previously, in order to view these records, a person would need to put in an order and wait to hear back from the GRO. Now, all records are easily assessable for any person who wishes, at the click of a button. 2.1.3 Similar Software Already Available After a lengthy search, including contacting some international genealogy developers, I can conclude that there does not currently exist any software similar to the one I am creating. Online, there are many family tree creators, record searchers, message boards, etc. however none of these can actually give a narrative of a persons life. Thus, I think that my contribution after creating this application will be of a great benefit when released online. 2.2 Technical material 2.2.1 Sources There are two types of sources used in genealogical research: primary and secondary. In this project, I will focus on the primary sources. Primary sources can be described as documents and records that were created during the time of the event in question, such as a birth, census, death, or marriage, happened. A person who had direct and personal first-hand knowledge of the event wrote these documents and records. Many of this documents can include vital record facts, such as certificates of births, deaths, or marriages, family bibles, military records, information, naturalization records, and more. Since these documents are said to be highly accurate, primary sources are preferred when obtaining and referencing genealogical information. For example, consider a primary source for your birth date is your birth certificate. In most instances, a birth certificate is prepared either on the day or within a few days of the actual event. This certificate is then signed by one or more witnes ses to the birth making it a first-hand primary document. The quickness and inclusion of direct witness make the information within the record a reliable account of the event and therefore of more usefulness to a genealogist. There are many Irish websites that contain digitalized primary sources [13]. 2.2.2 Web Application Choice Several considerations should be taken when choosing which language to use for building the web application: Comfort: When choosing a language, a person should take into account any language that they feel more comfortable with, from using beforehand, making it easier to develop further. As a Computer Science student, I have come in contact with a number of different programming languages so my choice ranges. Performance: The performance of the language itself is the only one real concern that could cause an issue. Performance of how the language crosses with external technologies such as the file system or database is said to be extremely important and should not be looked over. Popularity: This is a very important one. You are more likely to find helpful documents online if you use a popular language. You are also more likely to find reference material and other help. 2.2.3 Mean Probability The probability associated with each source fact will be in the range of 10 100%. Using the mean will calculate the overall probability for correctness. The mean value of a set of figures is calculated by summing the figures to find the total and then dividing by the number of figures in the set.

Insanity and Legal Action Essay -- Law

Insanity and Legal Action Schopenhauer’s theory of madness as a defect of memory, while unquestionably dated, nonetheless retains significant intuitive appeal and is at least reconcilable with modern understandings of mental function and insanity.1 If accepted as a working theory in conjunction with a more modern understanding of the operation of the brain, the theory leads to a conception of insanity as a failure of understanding of consequences. In turn, this conception may help explain precisely why the insane are not considered responsible for their actions, and may suggest that the insane cannot be said to have acted at all. Modern cognitive theory suggests that memory is structured primarily around stories. Thus, rather than remembering a sequence of events, we impute to those events some causal structure that enables us to understand and therefore remember the events. Unfortunately, this usually results in significant distortion of the events in our memory as we fill in standard imagery in the place of actual occurrences.2 One conclusion that seems well supported by these observations is that our memory, as we usually think of it, is intimately bound up with our understanding of causation and consequences. Presumably, a defect of memory, which Schopenhauer claims is at the root of all insanity, could thus impair a natural sense of consequences. Conversely, a failure to understand consequences could easily result in just the kind of fragmented and unrecognizable memory that Schopenhauer discusses. The more standard categorizations of insanity, especially as described by Macniven, can be reconciled with this view. Macniven specifically attributes to manic-depressive psychosis a tenden... ...RESPONSIBILITY, supra note 1, at 75–85. 7 H.L.A. Hart, Ascription of Responsibility (1949), in FREEDOM AND RESPONSIBILITY, supra note 1, at 143–148. 8 See, e.g., A.I. Melden, Action (1956), in FREEDOM AND RESPONSIBILITY, supra note 1, at 149–160. Melden proposes a conception of action that, like Hart’s, takes into account a broad set of circumstances surrounding any physical movement or act of will. Unlike Hart, Melden sees these circumstances not as a tool of judgment and ascription, but rather as inherently giving the action a particular meaning. 9 See Barbara Wootton, Crime, Responsibility, and Prevention, in CRIME AND THE CRIMINAL LAW (1963). In the criminal context, Lady Wootton’s suggestions for combining the functions of mental institution and prison might promote greater mental health of prisoners with mental problems irrelevant to their crimes.

Rice Works to Keep Gaza Pullout on Track :: essays research papers

Rice Works to Keep Gaza Pullout on Track By BARRY SCHWEID, AP Diplomatic Writer 1 hour, 8 minutes ago WASHINGTON - Secretary of State Condoleezza Rice scrambled her schedule Friday to add a trip to the Middle East designed to nurture Israel's promised withdrawal from Gaza and part of the West Bank despite a spate of terror attacks. ADVERTISEMENT With the pullout a month away, State Department spokesman Sean McCormack said, "All the parties need to make the maximum effort to see that this disengagement process is a success." McCormack gave no precise date for Rice to meet with Israeli and Palestinian leaders, but the trip was tacked onto one to Africa she is expected to undertake next week. "It's a potentially historic moment, and the parties should seize the opportunity to realize all the potential from this disengagement," the spokesman said, indicating Rice also wants to look beyond this summer's Israeli pullback. McCormack said Rice would cover Senegal, Sudan, Israel and the Palestinian territories from Tuesday through July 24. In spite of a surge of terror attacks, Israeli Prime Minister Ariel Sharon remains committed to pulling all settlers and troops out of Gaza and part of the West Bank. But Sharon has frequently made clear that he does not intend to give ground under threat of terror. Rice's diversion to the region from Africa, where she had been considering a number of stops, was announced after a flare-up of violence that threatened an already tattered Mideast truce. Rice has used telephone diplomacy in the last few days to try to keep Israel and the Palestinians on track to an orderly withdrawal and to encourage Palestinian leaders to go after terrorists. She told Palestinian leader Mahmoud Abbas, while returning on her jet plane from an Asian trip Wednesday, that he must take immediate action to find and prosecute those responsible for the killing of four Israelis this week in Netanya.

Metternich System

â€Å"France made its revolutions and gave them their ideas, to the point where a tricolor of some kind became the emblem of virtually every emerging nation, and European (or indeed world) politics between 1789 and 1917 were largely the struggle for and against the principles of 1789, or the even more incendiary ones of 1793. † The principles of the French revolution lived on in every European continent; the French Revolution poured out its ideas and sent shock waves throughout Europe.Therefore this phenomenon together with the period of enlightenment, contributed to the rise of consciousness and of antagonism against the â€Å"Ancien Regime† (a general term for ‘The Old Order’ in Europe before the French Revolution of 1789, when most countries were ruled by absolute monarchs and the aristocracy were the dominant class). The Bourgeoisie class took full advantage of this period to bring across their needs and Ideologies but was rarely at the forefront of the revolution as the peasants were usually causing the riots. The Bourgeoisie played a more underlying role in this revolution.The people within the perimeters of the European wanted nationalism and liberalism. Napoleon Bonaparte also known as the â€Å"little corporal† came and restored stability and glory to France , â€Å"He was the man of the Revolution, and the man who brought stability. † Napoleon brought the French Revolution to its conclusion when he entered the French arena to restore peace by putting an end to the â€Å"Reign of Terror â€Å"and extinguishing the fire of the Bourgeoisie . His megalomaniac personality and ambitious thirst for battles made France a great power in Europe.This was illustrated in the series of battles he won, â€Å"Napoleon fought about sixty battles in his career and won all but a few of them, he rose to power because of his victories and fell because of his defeats. † Metternich’s influence came about before the en d of Napoleon’s regime. â€Å"Metternich was first appointed foreign minister in 1809 the Habsburg Empire was at its lowest point in its struggle against Napoleon. The French leader had forced the Empire out of its northern Italian territories, taken over the Austrian Netherlands and subsumed the Habsburg parts of Poland into the Duchy of Warsaw.Habsburg domination of Germany had also been smashed as a result of the dissolution of the Holy Roman Empire. This was a particularly powerful psychological blow to the dynasty’s sense of self worth: the Habsburgs had been Holy Roman Emperors for almost all of the previous 400 years and suddenly it no longer existed. To add insult to injury, this particular act of Napoleonic modernisation changed the title of the Habsburg Emperor from Francis II, Holy Roman Emperor, to Francis I, Emperor of the remaining Habsburg dominions. One of the few times in history that a monarch has been devalued. Napoleon was defeated in 1815, after w hich the initiative was taken through the employment of the Vienna Congress of 1814-1815, to restore political stability to the fragile European which Napoleon had compromised. The Vienna Congress was chaired by Klemens Wenzel von Metternich, its objective was to address issues which arose out of the French Revolution and the Napoleonic Wars. This settlement lead to the redrawing of the continental map, in so doing establishing new boundaries of France, the Netherlands, Germany, Italian territories and Napoleon’s duchy of Warsaw.In 1815 when Napoleon failed to reassert his influence over Europe, the Congress of Vienna to all intensive purposes coped well with this problem. The Second Treaty of Paris further punished the French by reducing her borders to that of 1790, enforcing a large indemnity on her as well as forcing her to give back the stolen art pillaged from European Cities. This was a just punishment for France who had supported and welcomed Napoleon’s return. Additionally the Congress was against liberalism and nationalism which infiltrated into other European states from the French Revolution which they felt would disrupt their conservatism. First, it was necessary to build a security ring around the recent aggressor, France, and second, to provide the customary cartographical compensation for all the allied partners. † The Congress of Vienna also had to deal with the key matters of containing France, which was accomplished by strengthening those countries on the French border. The Austrian Netherlands was incorporated into Holland, and on France's southern borders, Piedmont, Nice and Savoy became one state.Of course these new single states, not one could contain France by physical presence alone and so the Quadruple Alliance was signed by the major powers for a further 20 years should France rise up again the Congress was very â€Å"lenient† towards France despite the fact that they had just been defeated. Their main purpo se was to restore the â€Å"status quo† and by doing this, they were able to ignore the demands for democracy and nationalism by the French people. Metternich made every effort to remove political or administrative power from local or subordinate levels and oncentrate it in a central authority was illustrated through his opposition of conservatism. He was of the opinion that that social mobility should be based on ascription not on achievement. Metternich was known for his advocation of strong, administratively efficient governmental organization which he felt was successfully portrayed by his ideal form of government the monarchs. This is captured when he said he opposed any other type of government and constitutional change which he felt would inevitably lead to chaos and revolutions.Metternich was aware that all of Europe was conscientious and was aroused easily by the ever present spirit of nationalism and liberalism inherited from the French Revolution. Consequently this is the sole reason for his objection of liberalism and nationalism becoming operational. â€Å"Metternich therefore set his face against any constitutional change. Comparing revolution in turn to a hydra ready to swallow everthing up, to a fire, to a flood, and later to the cholera, hostile to the sovereignty of the people and constitutional government. As such Metternich’s principles opposed the ideology of liberty, equality and fraternity. The spread of Metternich’s ideology throughout Europe he tried to ensure that this objective was not materialized. Another great political idea development by Metternich was the Holy Alliance in 1815; this alliance was created by Tsar Alexander I, members of this alliance included Russia, Austria, and Prussia. The Holy Alliance was implemented to maintain the status quo so that the bourgeoisie were hindered from infiltrating into the upper class.Additionally the Quadruple Alliance of April 22, 1834 formed between Spain, France, B ritian and Portugal, was aimed at ensuring the victory of liberalism, at accomplishing a collective security and protecting the existing peace and balance of power. Social factors is seem as a factor that resulted in the revolutions. The 1820’s revolution damages were widespread as the first bout of unrest was experienced. Revolutionary upheavals began in the Italian states of Naples,Piedmont and Sicily.These revolutions â€Å"occurred because the political systems reimposed on Europe were profoundly, and in a period of rapid social change increasinglyinadequate for the political conditions of the Continent, and because of economic and social discontents were acute as to †¦outbreaks virtually inevitable. † They felt that the Metternich system disregarded their desire for liberalism and nationalism. In 1818, the church was restored to supremacy, regaining its influencial power in Naples this angered the people and the resentment against the leadership grew.The libe rals were inciting members of society to stage revolutions in efforts to gain freedom and oppose the leadership of the Kings whose rulings reflected the ideologies of the Metternich system. A proletarian and socialist revolutionary movement â€Å"was chiefly visible in the countries of the dual revolutions, Britian and France. † The most notably results of 1830’s revolution was the â€Å"modifications of left-wing politics. They split moderates from radicals and they created a new international situation. In doing so they helped to split the movement not only into different social but into different national segments. The 1820’s and the 1830’s revolution both failed miserably because of little cooperation among the revolutionary movement and due to isolation of territories which preferred to stay alienated instead of forming union between the territories. The economic factors must now be considered, Metternich’s system amended the administration t hroughout Europe. As such the changes fostered by the Vienna Congress in particular was a major handicap for some countries. The Vienna Congress rulings were catastrophic to France who had to repatriate seven million francs and relinquish some colonies from the Italian providences to Austria.Primarily because of the personal interest Metternich had in Austria such drastic effects were taken, therefore it can be stated that the major powers of the Vienna Congress made decisions to their individual advantage. Germany was another state who suffered immense losses just as France in efforts to settle international disputes. The territories bought economic stability as it increased the size of their purses and their power on the international arena. The Metternich system assisted in the financial prosperity of some nations while it crippled the acquisition of economic stability of other imperial powers.Metternich fetish of restoring the monarchy of many countries was a financial burden on many countries whose desire was to be included in this grand change. The economic hardships were responsible for many of the revolutions in Europe both before and after the Metternich’s rule. The congress of Aix-La Chapelle in 1818 had a major concern about what should be done with France in terms of allowing them to attend future congress meetings and more importantly if they should relieve them of their military occupation.The congress came to a unanimous decision on both issues where they allowed France to return to future meetings and the military occupation would end. â€Å"Metternich also frustrated Russian hopes of facilitating a Franco-Russian alliance as a counter to the Austrian-British alignment. He achieved this by sowing the seeds of mistrust between the two powers. The Congress of Aix-La-Chapelle therefore coped well with the problem facing it in 1818. † There was another meeting in 1820 that took place in Troppau which was convened to discuss the matter s about the uprising In Spain and Naples.Each of the main powers at the congress had a different view about how the matter should be handled. Metternich made the decision to take action in Naples as it posed a great threat to Austrian influence in Italy. Alexander who represented Russia at the congress wanted to send troops into Spain to restore the monarchy (Ferdinand) while Casltereagh (Britain) thought that Naples and Spain were continental problems and as a result were not a concern of the British.The end result was the signing of the Troppau protocol which was a great success for Metternich as he gained the support of Russia and isolated France. As Metternich gained the support of Russia, he somewhat lost the support of the British. â€Å"However on the whole the congress system itself had failed to cope with the problems of Spain and Naples. The question of Spain would remain a problem even after the Congress of Verona in 1822, and the Troppau agreement had split the major po wers in two. The system could not cope without a general agreement by all the major powers.The main problem was, all the major powers had differing opinions and interests, which made certain a general agreement on a course of action was unlikely. Without such an agreement time would run out on the lifeline of the system. † The Congress met for the last time in Verona, 1822 to discuss the fact that Spain was still facing problems and there was a revolution that was taking place in Greece as well. â€Å"It might seem as though the Congress had coped well with the problems it faced but this is misleading.The Spanish problem, had been a problem since 1820 and was still not solved. Metternich who had pressed for the signing of the Troppau protocol would still not summon action to be taken. † The congress system finally met its end in 1822. Some historians have argued that the system itself was a failure, however in my opinion this was not the case. Metternich accomplished a lot during his time such as his defeat of Napoleon and the formation of the Vienna Congress. â€Å"The Congresses stretching from Vienna to Verona had to contend with a number of issues and t was not surprising given the nature of the system itself that certain problems would split the powers in attendance. After all the motivation behind the creation of the Congress Meeting was to deal with France, and not to deal with revolutionary uprisings. How could the Congress system deals with problems it was not designed to face. † There were multiple views on all of issues which arose after 1818 and up to 1822 could not be accommodated. At Vienna and Aix La Chappelle the powers in attendance came to a general agreement, but there would be a time when no such agreement would be possible.This can be seen with the Troppau protocol which split the powers in two. â€Å"After the congress of Troppau time was effectively running out on the life line of the congress system. Britain no long er wanted to be involved in continental affairs that did not concern her directly and the other European powers had a mutual suspicion of one another's ambitions and interests. Forces of political intrigue were working behind the scenes to isolate powers and force an agreement on a certain course of action. †

Favorite Painting by Picasso

Have you ever gone to the museum and glanced at paintings but had to do a double take because a painting grabbed your attention so strongly? This is what happened to me when I saw the painting by Pablo Picasso entitled Mother and Child 1901. This painting was done during what was called the Blue Period. â€Å"Picasso Blue Period was in 1900 and ended in 1904. † (unknown, Pablo Picasso Blue Period 1901-1904, 2009) All of his paintings during this period were created in shades of blue and blue-green with other colors occasionally. Picasso had many paintings that had the same title UT in different time periods.Paintings by Picasso brought out warm and loving feelings in my heart. This one particular had me to think of the Joys of being a mother. I chose this painting by Picasso because it is warm and loving. You can see and feel how much the mother and child loved and cared for each other by their embrace. The mother clothed in a dark blue wrap that covers her head and continues around her body; has her right hand softly touching the back of her child's head. She is delicately bending down towards the child as she kisses him/her on the ordered. It is hard to tell if the child is a boy or girl.The child is in a light blue gown with matching slippers. His/her head is tilted upward to welcome the kiss from his/ her mother. It appears that the child has brought the mother a piece of fruit. Based on the colors of orange and pale yellow, it could possibly be an orange, mango or peach. The mother has a basket next to the black rocking chair she is sitting in. There is a white cloth in the basket along with some thread and scissors. It looks like the child brought the fruit while the mother was sewing. The child may have wanted his/ her mother to take a break and eat something.When I first saw this painting, I thought of Mary and Jesus. It evoked feelings in me of warmth, love and pure Joy. As I look at the way the mother expresses the love for her child, I can put myself in her place and feel how much she loves her child. I can feel my hand embracing the soft hair on the child's head and the soft kiss being placed on his/her forehead. To me the blue color of her wrap evokes the feeling of comfort. I can also feel the child's heart being warmed from the kiss he/she receives room the mother. The mother has her eyes closed as she kisses the child on his/her forehead.I can see that the kiss is a result of the fruit that the child has brought to her. In this painting it appears that the child is in his/her night clothing and is preparing for bed as the mother is busy sewing a piece of clothing in the basket. I can feel that this special moment between mother and child is a soft and loving moment. Pablo Picasso has many paintings that have the women seem to have a religious resemblance to Mary and the child possibly to Jesus. I can see that Picasso held elision as an important part of most of his paintings.I felt that Picasso viewed this painting as one of love from a mother to a child and vice versa. He painted the love of them as beautiful and distinctively warmly. I love how the child shows that he/she loves the attention his/her mother is giving and love they express between them. If I was a mother and alive in Picasso time, I would have asked him to paint a portrait of me and my children. Perhaps I will come across a painting from this century that resembles Picasso and it will make me feel warm and full of love as well.