The Divide Chapter Summaries

That shows that the book is for us to think about the rights choices for our lives, and in order to do that we are gonna have to surround yourself with better things that will help us succeed. And the Government should help us on that. Furthermore, In the Introduction says,” This book is meant to show how, for those of us who live in the most precarious places in this country, our destinies

Overall this book had some good information, but it seemed like the author was torn between the upper middle class being evil or not. This book shows how American society has become the very class-defined society that earlier Americans rebelled against. Once again I do believe this is a good read because it brings up a lot of good points that might go un-noticed to the average Joe. I also think that the writer could have been more confident with the idea of the upper middle class becoming the new omnipotent

Big Bank’s president also threatens legal action. What potential causes of action could you foresee him bringing in court? Would he be successful? Why or why not? What arguments could Systems Inc. raise in its defense? What are Big Bank’s potential damages?

After completing a book, have you ever said to yourself “Wow, I would never be able to look at the world the same anymore?” All the Presidents’ Bankers: The Hidden Alliances That Drive American Power by Nomi Prins does just that. All the Presidents’ Bankers: The Hidden Alliances That Drive American Power by Nomi Prins changed my view on banks and the United States dollar, I would have never thought that banks had such a big influence on politics to the point where they can determine the outcome of the future. After reading the book, I believe Nomi Prins did an excellent job explaining how banks influence politics in America and thus control our political and economic futures.

I believe that the behaviors of the Ford, Firestone, and the financial corporations on Wall Street were considered criminal behaviors. There was sufficient evidence against these corporations. Apparently, the prosecutors could not prove criminal intent in their behaviors; however, in the case of the financial institutions on Wall Street, you cannot have millions of loans bought and sold that clearly do not meet the standards of a “good loan”. Additionally, it seems utterly irresponsible for the executive banking institutions to not be aware of these loans not meeting the standards for all of the years they were being bought and sold. I believe knowing this information proves criminal intent because no further action there was taken to prevent these loans from being bought and sold without regulation.

I think one aspect of the book I found most troubling is the working conditions some people around the world are subjected to. Even today these poor working conditions continue with the factory fires the author speaks about at the epilogue. I think many of us in the United States take what we have for granted. The authors reference to the poor working conditions around the

This nonfiction novel takes place in Albany New York in 1969. You'll find as you go deeper and deeper into this book, that you’re going to experience the amazing wonders of what Charlie and Andy hold. First, Andy and Vicky are subjects of a top secret government experiment designed to produce extraordinary psychic powers. They got married and had a girl named Charlie and they soon figured out that she had pyrokinesis powers. At first, Charlie couldn’t control her powers. She hated them, and knew that they were very dangerous. As time goes on, Andy begins to use his psychic powers more and more as the government continues the attempt to kidnap Charlie. Andy and Charlie increasingly find themselves on the run and try to stay one step ahead of

They never realized that they were using their home as collateral or that the documents were applications to secure equity loans, line of credits, and modifications. It was proven that many could not read or write. Nevertheless, the banks were able to move forward with the foreclosures and the victims lost their home to either the bank or the contractors. Despite the clear demonstration of criminal activity, no arrests were made and very few consequences directed toward those licensed to uphold the highest standards and to protect the consumer. The fraud and abuse was so widespread throughout the entire real estate industry. Mortgage and real estate brokers, roofers, contractors, surveyors, inspectors, and bankers; there was definitely enough blame to go around.

Acceptance and security. These are the two things that every human being wants. How they gain those two things varies from person to person.But most of us are privileged enough to not worry about these two very important necessities.However there are people in the world who are not so lucky. Those are the people who are failed to be understood by the rest of the world. However a lot of us are asleep to those people and their problems.Sometimes it takes a piece of art or literature to wake us up to those problems and a piece of literature that can do that is the novel written by S.E. Hinton, The Outsiders.In her novel Hinton, writes about two socioeconomic classes, the greasers and the Socs, who live their lives on the two ends of social status, near-poverty and full on rich, respectively.The cloak of money shields both sides to understand the others problems and the society is unable to take off the cloak as well. The novel is also a good eye-opener to how social,emotional,and economic forces can shape a person’s life and how if one can truly understand a person for what they are the world might just be a better place.

The bank at some point received negative attention for issuing credit to arms companies, including companies like Boeing, Lockheed Martin, General Dynamics, Textron, Colbun, BAE Systems and EADS. Some companies within the bank’s portfolio have also been involved in environmental and labor rights violations scandals, for instance Wal-Mart and Total USA. This negative attention may lead to loss of investor confidence in the bank.

In 1978, Charles Keating, Jr. founded the American Continental Corp. and used it to acquire the Lincoln Savings and Loan Association in 1984 with the promises to retain the Lincoln management team, not expand with brokered deposits, and maintain focus on residential home loans. Five years later, Keating’s obvious deviation from these promises and subsequent involvement in high-risk land development projects led to the Federal Home Loan Bank Board to close the savings and loan. The methods to circumvent banking laws, the advocacy of U.S. Senators, and failure of auditors and the accounting profession as a whole to prevent the savings and loan from reporting millions of dollars in nonexistent profits would ultimately cost taxpayers over $2.5 billion.

When Lori and Jeanette are growing older, they decide they want to move to New York City to start a new life, away from their parents. Lori and Jeanette get jobs and begin to earn money. They hide their earnings from their parents in a piggy bank they named Oz. One day Jeanette tries to find Oz to put her paycheck in. Instead she says to Lori “Someone has slashed him apart with a knife and stole all the money” (Walls 228). The kids knew right away who had stolen it. It was Dad. When Lori confronted Dad with the news about Oz, he started playing dumb, acting like he had not idea what was going on. But in fact he did steal the money. This action shows that Dad is very selfish and only cares about himself.

The theme I’d like to discuss from the novel is financial inequality. In everyday life people are judged by the way they look and by the way they act but most importantly they’re judged by their wealth because money is what drives everyone, it’s what classifies people as weak or influential. Financial inequality is a theme that appears in the novel To Kill A Mockingbird (TKM) in the sense that some of the characters in the novel are defined by the amount of money that they’ve gained, such as, the Cunninghams.

On April 21, 2001, Lee Farkas, the former chairman of a private mortgage lending company, Taylor, Bean, & Whitaker (TBW), was convicted for his role in a more than $2.9 billion fraud scheme (Schoenberg, 2011). This action contributed to the failures of Colonial Bank, one of the 25 largest banks in the United States, and TBW, one of the largest privately held mortgage lending companies in the United States. According to court documents and evidence presented at the trial, Farkas and his co-conspirators engaged in a scheme that misappropriated more than $1.4 billion from Colonial Bank’s Mortgage Warehouse Lending division and

Sovereignty. All of us hear this word so many times in a day, we have read in our text books when we were school going kids. And at this point of time also, we come across with this word in our daily life in newspapers, books, review of some act by a newspaper or by somebody’s mouth who is giving some lecture on government specially. Now the question that arises is that what does one actually mean by sovereignty? Why do they say that sovereignty is an essential element for a state? Why can’t we separate sovereignty from a state? As given by Grotius “Sovereignty is the supreme political power vested in him whose acts are not subject to any other and whose will cannot be over-ridden” . Greeks are considered to be first ones’ who realized that there is something like sovereignty existed, may be not exactly as we see it today, but they were never aware of this term ‘sovereignty’, the father of political science Aristotle used a term ‘supreme power’ but in a different sense. Sovereignty is a concept of modern political theory. Earlier, this term was souverainete, derived from Latin and then French, was given by Bodin in his Six Books on the Republic (1576) and then the word in its English equivalent was came to be known as ‘sovereignty’. In the words of Bodin “sovereignty is the supreme power of the state over citizens and subjects unrestrained by law” . In spite of being the supreme power of the state, sovereignty is