A look into the current student debt situation and a proposal for how students could be more educated in the future.
This source is the conclusions drawn from the Financial Crisis Inquiry Commission (FCIC) in 2011. The FCIC focused on the causes of the Great Recession in 2008. Currently, most people pin the blame of the financial crisis on Wall Street, the investment banks, and their irresponsible tactics. The conclusions drawn by the FCIC further added to this popular belief. The FCIC concluded that there was a systemic breakdown in accountability and ethics. Additionally, there was an erosion of standards of responsibility and ethics that exacerbated the decline of Lehman Brothers and the onset of the financial crisis (FCIC 22).
The topic of my White Paper revolved around the deregulation leading up to the Great Recession in 2008, the financial crisis itself, and then the regulation that resulted from it. The FCIC report brings light to the irresponsible actions the investment banks were taking leading up to the Great Recession. The irresponsible actions were made possible through significant deregulations of the financial industry beginning with the Reagan Administration in the 1980s and running through the late 1990s. Therefore, the FCIC report strongly supports a significant portion of my report.
Lastly, the FCIC conclusions report serves as an extremely reliable source. Put into place by the government itself, the FCIC served as a neutral third party evaluator of the causes of the Great Recession.The FCIC may not have drawn light on many previously unknown causes, but it did strongly support the preconceived notions and ideas that had been put in place.
Conclusions of the Financial Crisis Inquiry Commission. Financial Crisis Inquiry Commission, 2011.
The average American wastes around 20 pounds of food each month. That means that each month, we throw away as much food as we consume in 5 entire days of regular eating. Not only are we throwing away natural resources and wasting money, but we are also adding to the growing greenhouse gas emissions that pollute this country. Not to mention the thousands of Americans who suffer from malnutrition each day, there are many reasons why wasting food is having a major impact on our society.
To read the full report, click the link below.
The attacks of September 11, 2001 provided an opportunity for the government to pass both the Patriot Act and the Department of Homeland Security, which provide the federal government with unprecedented, so-called “preventive” powers to block potential threats to the nation and its citizens. As a result, the nature of surveillance has changed dramatically over the years. The original form required an evidence-based court order to intercept the communications of an individual suspect. Surveillance was authorized if it was necessary to capture potential terrorists, and the infringement on liberty was proportionate to the nature of the crime at hand. Today, however, surveillance agencies intercept massive quantities of communications from millions of people and then search through this database for information related to terrorist suspects.
Conscious Consumption Teaser:
A shocking 83% of millenials stated that they sleep with their Smartphone. Wait, is this actually that shocking? Advances in technology are continuing to be made every day allowing society to always be connected and “plugged in”. Continue reading Conscious Consumption and the Millennial Generation
Written from the perspective of an Indonesian NGO addressing its own government, the white paper seeks to balance the benefits and drawbacks of globalization in order to improve the lives of workers in sweatshops while also keeping Indonesia’s economy prosperous.
When considering the idea of lowering the drinking age from 21 to 18 or 19, I feel as though the “businesses” this affects most are colleges. The entire societal nature of college oftentimes revolves around alcohol and underage drinking, binge drinking, and alcohol are most likely a main topics of concern for every college president across the United States.
This CNN article by William Cohen expresses his distaste of the 21 year old drinking age in the United States, especially in regards to how it affects college campuses. This is a sentiment that many others, including many university presidents, agree with, stating that it causes a severe amount of dangerous binge drinking on college campuses.
Since my white paper is looking at the policy of the 21 year old age requirement to legally drink alcohol in the United States and considering if lowering the age to 18 would be more beneficial for our society, I figured it best to start than the act that brought the drinking age from 18 in most states to 21 in all.