Maritime Piracy

Introduction Maritime piracy is an increasingly deadly danger to all that work at sea. It poses danger to the maritime commerce and global economy. This is in addition to limiting the basic right enjoyed by humanity to travel securely and liberally thereby crippling the tourism industry. Maritime piracy is a leading economic and national security threat. It is an onslaught on global economy. This is in consideration that over 80% of international trade is conducted through marine transportation.Advertising We will write a custom essay sample on Maritime Piracy specifically for you for only $16.05 $11/page Learn More Main Body Maritime Piracy as Security and Economic Threat Among the least understood international security danger is the struggle to contain piracy in the Gulf of Aden, Somalia, and the Indian Ocean. Unfortunately, these are not the only fronts where piracy is a menace since it does not affect the daily lives of most people compared to cyber crime or terrorism. Cargo owners, insurance companies, and shippers are directly affected. The security measures that companies have to put in place increase the cost of shipping. Consequently, the price of goods increases thereby affecting consumers and eventually the economy (Farrell, 2012). Maritime piracy is increasing becoming a danger to global trade. For the United States, it is actually a national security issue given that pirates are establishing links to international terrorism. Previously, payments have been made to pirates hence expanding their activities and consequently driving up the costs of maritime trade. Pirates have used these funds to support terrorism activities in diverse regions including the Middle East and homegrown terrorism in the US. Pirates strategically position themselves in routes that disrupt main maritime transportation routes between Asia and Europe. It affects the flow of manufactured goods and commodities along the Horn of Africa. This acts as the strategic trade route that connects maritime commerce between the west and the east at the Gulf of Aden. In addition to the threat it poses to transportation, it destabilizes the entire maritime sector. The attacks perpetrated by pirates shatter global shipping industry at a time when the sector faces serious economic and financial hurdles (Carafano Rodeback, 2011). Combating Maritime Piracy In essence, piracy is a transnational security and economic issue. As such, it should be countered using a multidimensional approach. The strategy should focus on security, prevention, international relations, and preclusion. The approach has been embraced by Indonesia and Italy.Advertising Looking for essay on political sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More The vast of the international community including the US has stepped up support for Kenya in combating piracy, and by extension terrorism, along the Kenya and Somali coastline . Indonesia has an exceptional evidence of fighting piracy. The cooperative patrol system adopted by Singapore, Malaysia, and Indonesia has proved to be effective. The patrols carried out in the Strait of Malacca have proved to be an effective anti-piracy program (Carafano Rodeback, 2011). Every country should commit full-fledge efforts in creating awareness regarding piracy. In addition, appropriate measures should be developed to keep seas safe and protect shippers and the industry. The measures taken by the US government should be augmented with the strategies adopted by Indonesia. This includes combining efforts with enhanced regional and multilateral collaboration with diverse organizations. Unearthing and combating the root cause as deterrence should be prioritized. Dismantling criminal groups is another effective way of combating piracy. This has been proved effective by the Kenya Defense Forces’ dismantling of Al-Shabab terror networks in Somali and their continued s tay in Somali and surveillance of the Indian Ocean high seas and the coastline. Conclusion It is in the interest of global economy that piracy should be viewed as a leading source of security and economic threat. Since maritime piracy leads to disruption of maritime trade flow, it affects the world as commodity prices increase. It is imperative to enhance the quality of international security commitment to combat piracy. The current trend in international cooperation is encouraging but much more require doing. References Carafano, J. J., Rodeback, J. (2011). Taking the fight to the pirates: Applying counterterrorist methods to the threat of piracy. Web. Farrell, L. P. (2012). Piracy: A threat to maritime security and the global economy. Web. This essay on Maritime Piracy was written and submitted by user Jamal Shepherd to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Reflective journal capturing the clients experiences as part of the presentation team. The WritePass Journal

Reflective journal capturing the clients experiences as part of the presentation team. Abstract Reflective journal capturing the clients experiences as part of the presentation team. ). Principles and practice of sport management. Sudbury, MA: Jones Bartlett Learning. Thornton, P. K., Champion, W. T., Ruddell, L. (2012). Sports ethics for sports management professionals. Sudbury, MA: Jones Bartlett.

A Comparison of Chuang Tzu's Ideas of Life and Death with those of Essay

A Comparison of Chuang Tzu's Ideas of Life and Death with those of Socrates - Essay Example You-Sheng revisited the Chuang Tzu’s argument that through the inaction of heaven, which is purity and that of the earth, which is space, things are brought to existence and are transformed mysteriously (You-Sheng, 2005, p. 14). He went further to explain that it is through this inaction that the living things have the mercy to grow and develop. One is born by chance, but once alive, death is imminent. Therefore, the essay is a comparison of Chuang Tzu ideas of life and death with those of Socrates. Chuang Tzu Ideas of Life and Death Watson examined Chuang Tzu’s basic writings to outline his ideas about life and death. He argues that during old age, the mind comes closer to death and probably nothing could restore the life to light (Watson, 1996, p. 32). Significantly, this comes as an automatic consequence of aging; therefore no one should be afraid of death. As a result, the people are in constant struggle and worry during their life, because they have to toil for the ir daily bread, and think that at one time, the life would be terminated (Watson, 1996, p. 32). Life and death, according to Tzu are fated and bound to happen (Watson, 1996, p. 76). In this regard, he equates their relationship to the succession between dark and down, through compulsion. As the dark nears its end, a new dawn succeeds it, meaning that as life nears its end, death dawns (Watson, 1996, p. 76). ... 77). In essence, he attributes death to a means of change, and since everything is constantly changing, no one has the capability of preventing the change from changing. Therefore, we should accept the facts related to change, and welcome it when it reaches, and there would not be anything to fear about death. Moreover, according to his conviction, in the beginning and end, early death, old age, and at all levels of human development, he/she should be delightful (Watson, 1996, p. 77). Apparently, the belief makes us believe that life that life and death are equal, not any important than the other (You-Sheng, 2005, p. 37). As well, the argument suggests that the people should be aware that at one moment, perhaps after birth, he/she is bound to die, through whichever means. Therefore, he attributed death to an automatic exit from the known world to unknown world, where only Tao has good knowledge about (You-Sheng, 2005, p. 39). Drawing from the Masters’ agreement, he argues that this is something that one should believe (Watson, 1996, p. 80). This is justified from his acknowledgement that non-being is actually someone’s head, life is someone’s back and death is someone’s rump. In another controversial question, he wanted to know whether life and death are all one body (Watson, 1996, p. 80). In reality, there is a common belief that once a person is dead, the aspects of life cease to manifest on the body. The body becomes helpless, lifeless and useless to perform any function. Therefore, life and death, despite being very far apart from one another, are simply one. For instance, life results to death and they can never manifest together, each does distinctively. He also put

Analytical and synthetic cubism Essay Example | Topics and Well Written Essays - 1000 words

Analytical and synthetic cubism - Essay Example Cubism was founded by Pablo Picasso and Georges Braque, inspired by the artworks in African Sculpture, by painters Paul Cà ©zanne (French, 1839-1906) and Georges Seurat (French, 1859-1891), and by Fauves. Cubism was later divided into two branches, Analytical Cubism and Synthetic Cubism.Analytical Cubism is the first development phase of Cubism and was developed between 1908 and 1912. The Analytical phase consisted of analyzing the object and then breaking it down into basic geometric forms in the canvas.Synthetic Cubism, the second and more decorative phase of Cubism started after the Analytical phase in 1912. This phase was less complex than its predecessor phase.During Analytical Cubism the language of Cubism had become flatter, consistent, but also more ambiguous. In his portrait of Ambroise Vollard, Picasso fragmented a human figure into a number transparent geometric planes intersecting each other at a variety of angles, none of these planes giving the illusion of three dimens ionality.2 In this work, Picasso merged figure and environment, solid and void, background and foreground.â€Å"Synthetic Cubism was in part a reaction against the abstract tendency of the Analytical phase.†3 With his `Still Life with Chair Caning’ (1912, Musà ©e Picasso,Paris, France) Picasso invented a technique called collage (from the French word `coller’ meaning "to glue"). This started the second phase of Cubism known as Synthetic Cubism. Pasting pieces of paper or other material to the surface of painting is Collage. In his painting, Picasso used a piece of oilcloth. Soon both Picasso and Braque began using newspapers, wallpapers, advertising in their paintings implying that art can be created with anything and not just brushes and paint.2 During Analytical Cubism, the works produced by Picasso and Braque shared similarities in style since the objects were represented by geometric forms such as cylinder, sphere and cone. Whereas Synthetic Cubism was more like synthesizing several objects into a figure. The colors were minimum or almost non-existent in Analytical Cubism paintings. Many of the painting were entirely muted brown or grays. The main reason for this was that the two artists were concerned about geometric shapes. Synthetic Cubism on the other hand is more of a decorative phase of Cubism. Colors were reintroduced in synthetic cubism. For the decorative effort, bright colors were used, smooth and rough surfaces were contrasted with one another. Sometimes objects such as newspapers or tobacco wrappers were used in combination with painted areas.4 Abstraction was one of the main characteristics of Analytical Cubism. There was minimal resemblance with the real world as can be seen in the paintings 'Ma Jolie' (1911) by Picasso and 'The Portuguese' (1911) by Braque. The subject matter appeared to be structure of fragmented planes. In Synthetic Cubism both artists included stenciled letters, words (often pun) as a reaction against abstraction of Analytical Cubism.3 Right angles and straight-lines were mostly used in Analytical Cubism. Paintings were almost flat though sometimes in some areas the painting appeared sculptural, for instance in the painting Girl with a Mandoline' (1910), by Picasso. The synthetic phase of Cubism affirmed Cubism as a manipulative technique which plays games with both reality and perception, through the use of collage and letter stenciling. It also helped in accentuating its flatness. Picasso began to look at sculptures in a new way, due to his experience with collage, as an assemblage of parts rather than a shaped mass, which shows in the sculptures he made in 1912, riffs on the form of the guitar. Cubism as Modern Movement: Cubism is considered to be the most influential modern movement by many art critics. The reason being that Cubism gave a new meaning to looking at objects in a significantly different way from the one set during the Renaissance

The Economic Impact of the Horse Industry Essay Example for Free

The Economic Impact of the Horse Industry Essay People often view the equine industry as nothing more than simply an expensive hobby. However, in actuality it is far more than just that. The horse industry has an enormous impact on the United States economy and covers a vast horizon of different areas. From top-notch Thoroughbred racing to the simplicity of a backyard companion horse, the industry provides about 460,000 full-time equivalent jobs and has a direct economic effect on the United States of about 39 billion dollars annually. After taking into account the money multiplier effect of spending by suppliers and employees in the industry, this number grows even larger to create about 1. 4 million full-time equivalent jobs nationally with a 102 billion dollar annual impact on the United States economy (â€Å"National Economic Impact†). Studies show that the equine industry has a direct effect on gross domestic product (GDP) in the United States. Between the different areas of the horse business, including but not limited to racing, showing, and leisurely riding, about 38.8 billion dollars of goods and services are produced, leaving an impact of 101.5 billion dollars on US GDP. Taxes paid by the equine industry also affect the economy in the United States, with approximately 1.9 billion dollars total in taxes coming from this industry. Federal taxes amount to 588 million dollars, state taxes are 1,017 million dollars, and last but not least, local taxes are equal to 275 million dollars (â€Å"National Economic Impact†). Many studies have been done in different states to determine the economic impact of the horse industry, including a study from the Rutgers Equine Science Center (â€Å"New Jersey Equine†), a study from Alabama AM and Auburn Universities (McCall, Molnar, Pendergrass, and Broadway), and a study conducted by the University of Virginia Weldon Cooper Center for Public Service (â€Å"Virginia Horse Industry†). The state of Arizona even went as far as to hold an event regarding the equine economic impact. The event, titled â€Å"the Economic Impact of the Equine Industry in Arizona†, was held in February of 2012 and government officials from all over the country attended. The Arizona horse industry amounts to a 1.8 billion dollar industry and provides the opportunity to bring in many new equine-related companies into the state. There were many different topics covered at the event, including the WestWorld Equidome expansion project and ways to carry more rodeo locations into the state. There was also discussion of an equine property tax bill that was recently passed by the state. The bill relieves equine businesses from extreme property taxes by categorizing them under agricultural businesses. The great impact of the Quarter Horse, Arabian, and Thoroughbred associations was also discussed at the event, determining that their effects on the US economy are approximately 4.5 million dollars, 52 million dollars, and 134 million dollars respectively (â€Å"Arizona State Officials†). Other states have also taken measures and actions to determine the effect of the equine industry on each state. Rutgers University conducted a study in 2007 determining the economic effect of horses in the state of New Jersey. They determined that the industry had a total economic impact of 1.1 billion dollars each year, taking into account racing-related operations not including racetracks, non-racing operations, equine owners without operations, and New Jersey racetracks. The industry creates 13,000 jobs in the US, between jobs generated by racetracks and jobs not generated by racetracks. About 160 million dollars is paid annual in taxes by the New Jersey equine industry (â€Å"New Jersey Equine† 1). It is definitely evident that New Jersey racing operations have the most economic impact on the state, accounting for a total economic impact of 278.2 million dollars out of the 647 million dollar total economic impact from all equine operations and owners. Non-racing operations come in a close second with an impact of 262.4 million dollars and horse owners falls in last with an impact of 117.8 million dollars. Annually, New Jersey race tracks impact the economy of the state by 502.3 million dollars (â€Å"New Jersey Equine† 2). The expenses of horses are numerous, including but not limited to equipment purchase and depreciation, capital improvements, health, training fees, boarding fees, feed, taxes, farrier, etc. These expenses total around 376.8 million dollars a year in the state of New Jersey (â€Å"New Jersey Equine† 3). Rutgers University was not the only university to complete a study on the impact of the equine industry in a specific state. Alabama AM and Auburn Universities also partook in their own study in 1993 with the intention of pointing out the importance of the equine industry in Alabama. There are quite a few different horse-based activities in Alabama, categorized by locality (horse clubs and groups not based on breed), sport (groups generally open to any breed formed by riders with a common interest in a specific horse sport), and breed (groups open to one specific breed for many different horse sports) (McCall, Molnar, Pendergrass, and Broadway 1). To determine the economic impact of the horse industry in Alabama, the study uses the direct impact, which is the actual dollars spent, and the aggregate impact, which is the direct impact multiplied by an income multiplier (which for this study, was 2.9). In laymen’s terms, for every one dollar of direct impact, there would be 2.90 dollars of aggregate impact. An employment multiplier was also used, concluding that for every job created in the equine industry, 1.74 jobs are created through the economy. Expenses for horses are one way that the industry affects the economy. Expenses for showing horses totaled 11,005 dollars per horse, for racing horses totaled 15,390 dollars per horse, and for recreational horses totaled 3,140 dollars per horse. The expenses calculated are the chief ways that equines impact the economy (McCall, Molnar, Pendergrass, and Broadway 2). The horse industry also generates a great deal of tourism in Alabama. Owners of show horses spend approximately 1,500 dollars for every horse when travelling to shows. The direct impact of equine tourism equals 9.7 million dollars. Spectators at equine events, such as rodeos, shows, and horse races also generate money and impact the economy by about 4.2 million dollars. The race tracks in Alabama generate about 42.6 million dollars, with about one quarter of the money won from races going to horse owners and trainers in the state (McCall, Molnar, Pendergrass, and Broadway 3). According to the study, four percent of the â€Å"pari-mutuel handle† is paid in taxes (McCall, Molnar, Penderg rass, and Broadway 4). In addition to the tourism brought into Alabama, the horse industry also impacts Alabama employment, creating a great number of jobs. Racing stables, showing stables, breeding stables, and recreational horse owners all contribute available employment positions to the state. Around 2,000 to 2,800 full-time job equivalent positions are created on account of the horse industry and the aggregate employment is equal to around 3,480 to 4,872 jobs in the state. In total, the aggregate impact of the horse industry on Alabama’s economy is estimated to be 1.6 billion dollars. It is evident, as stated in this study, that the horse industry is extremely important to the economy and that it should not be disregarded when determining key parts of the economy (McCall, Molnar, Pendergrass, and Broadway 4). The University of Virginia Weldon Cooper Center for Public Service is yet another university that conducted a study on the economic impact of the horse industry. It was determined that the yearly economic impact of the horse industry in the state of Virginia was equal to 1.2 billion dollars. Economist Dr. Terance Rephann gave his opinion on the economic importance of the horse industry, stating that the industry creates â€Å"a very positive effect on jobs, recreation, tourism, retail sales and state and local taxation†. Just as in New Jersey and Alabama, the Virginia horse industry creates a great deal of employment within the state and brings in about 65.3 million dollars in state and local taxes. In 2010, over 16,000 jobs were created in Virginia due to the equine industry. Horse shows are a large part of the industry, bringing in about 25 million dollars in revenue in 2010 (â€Å"Virginia Horse Industry†). The substantial amount of revenue, tax money, employment opportunities, and the total aggregate impact of equines in the three different states mentioned above clearly show that the horse industry is quite an important par t of our country’s economy. The industry greatly affects the United States economy in so many different ways. From the 13,000 jobs created by the industry in New Jersey (â€Å"New Jersey Equine† 1), to the 9.7 million dollars generated from tourism created by the industry in Alabama (McCall, Molnar, Pendergrass, and Broadway), to the 1.2 billion dollar economic impact that the industry has on Virginia’s economy annually, it is obvious to see that though many people view equestrian sports as nothing but a hobby, it is far more than just that. In the wise words of Matthew J. Lohr, The Virginia Department of Agriculture and Consumer Services’ commissioner: â€Å"Horses add so much to our lives on a personal level, but when I look at the big picture, I see just how much they contribute to our state’s economic well-being, as well† (â€Å"Virginia Horse Industry†). Breeding is a large part of the equine industry and the rules and regulations of the breeding process vary with the price elasticity of demand for foals. Artificial insemination, which is the act of artificially placing semen into a mare to impregnate her, is a popular breeding technology that has suffered through great debate of whether or not it should be accepted in certain breeds or horses. Regulation for the use of artificial insemination technologies is an example of a breeding process that varies with the price elasticity demand for foals. In breeds with a price inelastic demand for foals, it is probable that the practice of artificial insemination will be regulated. Oftentimes, with certain circumstances, cartel agreements may arise between industry members for an intervention of government regulation in the breeding industry. The act of this government regulation raises prices and incomes in the industry (Ray 1). Breed registries are an example of cartels that limit the supply of horses. Horse owners of horses of a specific breed may choose to register their animals with that breed’s registry. These breed registries gi ve owners an economic advantage over other owners whose horses are not registered with any breed. Part of the money made from memberships is spent on promoting a specific breed and advertising the breed registry (Ray 3). Oftentimes stallion owners partake in price and non-price competition. Breeding farms are extremely big on advertising and price for studs range from hundreds to millions of dollars. Because of this, the equine breeding industry can be categorized under the monopolistically competitive industries (Ray 3). In the past, most breed associations have shunned the idea of artificial insemination. Breed registries can tend to be extremely strict on their regulation of breeding techniques, and many times registries will have rules against artificial insemination. Horses that have been artificially inseminated are often banned from competition in certain breed events, which prevents them from ever having any improvement economically. Though many breed registries do not allow the use of artificial insemination, there are a few that are far more tolerant to it (Ray 2). Generally, the breed registries that forbid the use of artificial insemination feel that the practice of it could be a thread to the quality and pureness of the breed. However, there are many economic costs and benefits that contribute to each breed registry’s decision on the regulation of artificial insemination (Ray 4). There are quite a few economic advantages to the use of artificial insemination technology for breeding. While live cover breeding methods can only impregnate one mare for every one ejaculation from a stallion, the use of artificial insemination makes it possible to impregnate fifteen to eighteen mares for every one ejaculation. This means that one stallion can be used to impregnate more mares through the use of this technology, which reduces the risk of overworking a stallion throughout the breeding season. Using artificial insemination also allows a breeder to more efficiently use semen to inseminate a mare during her ovulation period. This reduces the amount of veterinary and breeder labor required to impregnate a mare. In addition to this, naturally breeding can be a very dangerous process for the horses. Artificial insemination provides a much safer way of breeding. Finally, it is far simpler, less expensive, and much less dangerous to ship out frozen semen rather than to transport the mares to the stallions (Ray 4). In short, this all means that the use of artificial insemination technologies reduces the costs of production and transportation of breeding. From an economic standpoint, the cost of breeding decreases due to the use of artificial insemination, and so the supply of foals increases. This causes market prices to decrease and the number of horses produced and sold to increase. As a result of this, total revenue will increase, decrease, or remain the same, depending on the price elasticity of demand for new foals. If the demand for a specific breed is inelastic, artificial insemination will cause breeders’ total revenue to decrease. However, if the demand for a specific breed is elastic, artificial insemination will cause breeders’ total revenue to increase. Elasticity of a breed can be determined by the task the breed is used for. The more specific the task, the less substitutability there is for the breed, causing the breed to have a more price inelastic demand. An example of this is the Thoroughbred registry. Artificial insemination is banned by this registry because the demand for Thoroughbreds is very price inelastic, since this breed is the only one to run in races such as the Kentucky Derby (Ray 5). The decision of a breed registry to regulate or not regulate the use of artificial insemination is dependent on the costs and benefits of the use of the technology. When the costs of artificial insemination exceed the benefits, the registry will regulate the use of the technology. Regulation can be determined by the theory of cartels. This theory helps to determine supply and demand curves and indicates that the regulation of artificial insemination is dependent upon multiple different aspects of a monopolistically competitive market, including but not limited to price elasticity of demand and the number of people that will possibly benefit from regulation. Generally speaking, the size of the breed registry determines the amount of the benefits of regulation of artificial insemination. If the breed industry is large, there will be less benefits of regulating artificial insemination, which causes regulation to decrease. In summation, the regulation of artificial insemination breeding technologies is primarily determined by the price elasticity of demand for foals of the specific breed and by the costs and benefits of regulating the technology. (Ray 6). Horse race gambling greatly contributes to the United States economy. In 1997, purse awards in California totaled 136 million dollars and the total pari-mutuel handle was equal to around three billion dollars. California race tracks receive large sums of money each year as breeding incentives. This money comes from the pari-mutuel handle (Smith 1756). It is believed that both the quantity and quality of race horses affects the demand for gambling on race horses (Smith 1755). Breeding incentives given to race tracks have a huge effect on the product that comes out of the race track. Attendance at the race track and the pari-mutuel handle are the two factors that determine demand. The quality and quantity of the horses racing affect both of these factors, and so affect the demand for horse race gambling (Smith 1758). Not only does horse racing affect gambling, gambling also affects horse racing. Many race tracks are going out of business as a result of local casinos (Zengerle 20). The argument at hand now is whether or not to introduce slot machines to race tracks, creating â€Å"racinos†. It is argued that adding slot machines to the track will bring in more business because it will give customers at the track a variety. The Kentucky horse racing industry has been fighting hard for the introduction of slot machines in race tracks. The industry has lobbied legislators and spent one million dollars in support of slot machines. The lobbying and money spent has paid off. The public is now in support of slot machines being added to race tracks and, on the legislative side, a slots bill was passed for the first time (Zengerle 21). One of the main reasons that Kentucky is fighting so hard for slot machines in their race tracks is because of their 500 million dollar budget deficit. Slot machines would create 300 million dollars in tax revenue each year, which would greatly help the budget deficit being faced by the state. Introducing slot machines to the tracks would bring about many fiscal benefits; however, they may not be great for the horse industry. According to Arthur Hancock, slots will make lots of money for people in the short term, â€Å"but in the long term†¦they’ll be bad for the horse business† (Zengerle 21). However, the introduction of alternate gambling games has been proven to save race tracks. In example, Mountaineer race track was on the brink of going out of business, but the introduction of video gaming at racetracks has caused the company to rank seventh on Forbes list of the best small businesses in America (Zengerle 23). Though introducing slot machines to Kentucky’s race tracks could be bad for the horse industry in the long run, it could greatly help to rid the state of its large budget deficit. Though for many people, horse racing is simply nothing but a fun sport to watch, for Kenny A. Troutt, co-owner of WinStar Farm and Thoroughbred breeder, it is an economic investment that has helped to escalate him to a billionaire (Lee 1). Many people involved in the race horse industry do not believe that you can make much money off it and are just in it for fun and for the thrill of a day at the races. However, Troutt is a completely different case. His primary goal with WinStar Farm is to make money. He has created business plans and budget projects and holds mont hly meetings to discuss the costs of breeding and to determine any ways to lower costs and become more efficient. By using a database, Troutt determines the price returns of each and every horse by taking into account all money and time spent on the horse (Lee 2). Troutt has spent over 70 million dollars on his farm. He has set aside a select number of mares whose foals are automatically sold. One of these foals was Funny Cide, out of a stallion named Distorted Humor, who is owned by WinStar Farm. Funny Cide was a contender for the Triple Crown, and though he did not win, simply the fact that he came close was enough to double Distorted Humor’s stud fee, which was already 20,000 dollars. Though most Thoroughbred farms generate about a five to ten percent return each year after ten years, Troutt believes that he will make profits in only five years. In the past, horse racing was never about making a profit. However, in the words of Kenny A. Troutt: â€Å"I am convinced you can make a lot of money doing this†. Taking into account some simple ideas of economics and business, he may pr ove this to be true as he claims that his farm has become â€Å"cash flow positive† after only being open for two years (Lee 3). Not only does the horse industry have a great impact on the United States economy, but the economy also has a great impact on the horse industry. There has recently been a large increase in the number of unwanted horses in the United States, and one of the reasons for this problem is the current economic recession. Horses are extremely expensive to keep, averaging around 1500 to 2000 dollars a year per horse and with the economy in the poor state that it is currently in, many horse owners can no longer afford to care for their horses (Lewis). Prices of hay and fuel are extremely high and with the current recession, many horses are being succumbed to starvation and neglect. Many abandoned horses are eventually euthanized because horse rescues cannot afford to continue to feed them and medically care for them. Sick horses at the rescue are the first to be euthanized, because it comes down to a choice between feeding a healthy horse and feeding a sick horse (â€Å"More Horses Starve†). Horses are extremely expensive to keep, between the costs of feed, veterinary care, farrier and dental services. In this bad economy, it is hard to keep up with the costs of horse ownerships, and this causes the sale of horses to also be difficult (â€Å"Economy, Weather, and Law†). The Texas horse industry is such a large business that it is close to equal to the Texas cotton industry. Unfortunately, the Texas horse industry is in a severe catastrophe due to the state of the economy. Owners are finding it difficult to feed and water their horses, for â€Å"forage and even water are in short supply†, according to Dr. Dennis Sigler. Large round bales of hay are selling for over 145 dollars and in this struggling economy, horse owners are having a very hard time coming up with the money to supply food to their horses. State assistance could potentially help this problem, however state budgets have been frozen and there is a large burden for states to cut back on spending. The current economic recession has a huge effect on the horse industry and is accountable for the growing number of starving and unwanted horses in the United States (Hawkes). The equine industry in the United States clearly has a great impact on the economy, and likewise the economy on the equine industry. Breeding businesses, breeding technologies, race tracks, gambling, and unwanted horse issues all affect the economy and are affected by the economy. The industry provides so much revenue and a large number of jobs in the United States. The national horse industry has a 7 billion dollar impact on the California economy, a 5.1 billion dollar impact on the Florida economy, a 3.5 billion dollar impact on the Kentucky economy, and a 5.2 billion dollar impact on the Texas economy. The California horse industry creates 54,200 full time equivalent jobs. The Florida horse industry creates 38,300 full time equivalent jobs. The Kentucky horse industry creates 51,900 full time equivalent jobs. The Texas horse industry creates 32,200 full time equivalent jobs (â€Å"State Breakout Studies†). All in all, the horse industry has a 39 billion dollar yearly economic effect on the United States and creates 460,000 full time equivalent jobs (â€Å"National Economic Impact†). This industry is far more than just a hobby and is extremely important to the United States economy. Works Cited Arizona State Officials Join Arizona Horse Council (AzHC) at Equine Economic Impact Event PR.com. PR.com: Directory of Businesses Jobs Press Releases Products Services Articles Find Companies. N.p., n.d. Web. 22 Mar. 2012. http://www.pr.com/press-release/390430. â€Å"Economy, Weather the Law Contribute to Starving Horse Cases.† KSEE 24 News. Web. 22 Mar. 2012. http://www.ksee24.com/news/local/HorsesJWI-139755153.html. Hawkes, Logan. Texas Horse Industry Crisis Looms. Southwest Farm Press 38.23 (2011): 18. Academic Search Premier. Web. 26 Mar. 2012. Lee, Josephine. â€Å"Arriviste†. Forbes. 172.7 (2003): 120-122. Business Source Premier. Web. 26. Mar. 2012. Lewis, James M. Survey Says Economy Top Reason For Unwanted-Horse Problem. DVM: The Newsmagazine Of Veterinary Medicine 40.8 (2009): 1-29. Academic Search Premier. Web. 26 Mar. 2012. McCall, Cynthia A., Joseph J. Molnar, Robert A. Pendergrass, and Regina Broadway. Economic Impacts of the Alabama Horse Industry. Rep. Alabama Cooperative Extension System. Web. 22 Mar. 2012. http://www.aces.edu/pubs/docs/A/ANR-0848/ANR-0848.pdf. More horses starve as economy struggles. WISHTV.com | Indianapolis, Indiana News Weather Traffic. N.p., n.d. Web. 22 Mar. 2012. http://www.wishtv.com/dpp/news/indiana/more-horses-starve-as-economy-struggles. National Economic Impact of the U.S. Horse Industry | American Horse Council. Welcome to The American Horse Council | American Horse Council. N.p., n.d. Web. 22 Mar. 2012. http://www.horsecouncil.org/national-economic-impact-us-horse-industry. Ray, Margaret A., and Paul W. Grimes. â€Å"The Determinants of Breeding Regulation In The Horse Industry: An Empi rical Analysis.† Journal of Socio-Economics 20.2 (1991): 169. Academic Search Premier. Web. 26 Mar. 2012. Smith, Maritn D. Breeding Incentive Programmes And Demand For California Thoroughbred Racing: Is There A Quality/Quantity Tradeoff?. Applied Economics 33.14 (2001): 1755-1762. Business Source Premier. Web. 26 Mar. 2012. State breakout studies for the following states: | American Horse Council. Welcome to The American Horse Council | American Horse Council. N.p., n.d. Web. 22 Mar. 2012. http://www.horsecouncil.org/state-breakout-studies-following-states. â€Å"The New Jersey Equine Industry 2007.† Rep. Rutgers Equine Science Center. Web. 22 Mar. 2012. http://esc.rutgers.edu/news_more/PDF_Files/2007_Equine_Economic_Impact_Study_Report.pdf. Virginia Horse Industry Has $1.2 Billion Annual Economic Impact. Virginia Department of Agriculture and Consumer Services. N.p.,

Greek Statues And the Olympics :: essays research papers

The time has come again for Olympics games to begin. Organizers of the Olympics must choose the finest statues from a certain time period; they chose to decorate with the Classical period. They believed that the Classical period would best decorate the course of the marathon because they believe that the Classical statues characterize both modern and ancient values the best. The three Classical statutes that would best signify both ancient and modern values would be: The Charioteer from Delphi, The Discus Thrower, and Zeus/Poseidon. These three Classical statutes would best depict both modern and western values because of their characteristics of determination, freedom of expression/language, as well as their perfection of form.   Ã‚  Ã‚  Ã‚  Ã‚  The first statue to decorate the course of the marathon would be The Charioteer from Delphi. The Charioteer of Delphi is one of the most important sculptures to represent the course because he exemplifies the idealized realism through the expression on his face; his facial expression basically summarizes the moment of victory in a race. However he doesn’t show an expression/emotion because of his determination to be victorious. The athletic Charioteer’s form lets him stand and stare with a natural ease that allows him to concentrate, and allow him to be triumphant.   Ã‚  Ã‚  Ã‚  Ã‚  The next statue to line the course of the marathon would be the Discus Thrower. This statue seems to be perfect depiction of a beautiful athletic body. This sculpture catches the athlete in motion; in the peak of his back swing. Although he has no facial expression, you can tell by the way of his form of movement and weight shift, that he is trying hard to put his body in a powerful rotation to give the discus immense speed. He is depiction of a beautiful athletic body because of his muscles and his perfect form; which is what people in today’s society strive for and think is the ideal body.   Ã‚  Ã‚  Ã‚  Ã‚  Lastly, the next statue to line the marathon course would be the statue of Zeus (or Poseidon). This statue provides the look of power because it is an open statue, ready to throw a lightning bolt, or a trident. Again, the facial expression is blank, and the weight shift is extreme to show that the body is in motion.

Should Fred Hire Mimi Despite Her Online History?

In this case â€Å"We Googled You†, googling candidates before hiring often takes place in many companies. Sometimes people’s online histories revealed by googling affect hiring decisions of employers. Fred Westen, the CEO of Hathaway Jones, a luxury appeal retailer, is looking for a candidate who can lead flagship stores successfully in China. Fred met Mimi Brewster and thought that she fits the position because she had grown up in China and she speaks both Mandarin and a local dialect. Mimi graduated from Berkeley University as a cum laude, and majored in modern Chinese history. Hathaway Jones needs creative employees like Mimi who can renovate the image and product line of the company. Fred knows that the brand image of the company is getting old fast according to the firm’s market research. However, the Vice President of HR, Virginia Flanders googled Mimi and found her online information related to protest activities against China. She opposes hiring Mimi because Mimi might get the company into a trouble in the future. If Fred hires Mimi, the company will have a leader who is aggressively creative but potentially risky. On the other hand, if Fred does not hire her, the company can avoid the potential risk but miss a great candidate. Should Fred hire the candidate? From my perspective, Fred Western should talk to Mimi to explain her protest activities, and hire Mimi if the potential risk related the online history can be preventable. He should clarify her point of view about her past protest involvements and how those views have changed rather than making a judgment only from digital information. Online information can be easily falsified so it is important to clarify the situation. If her opinions toward China have changed in positive ways, potential risk can be removed by posting her current point of view on the online. Executives who take responsibility to hire employees should pay more attention to candidates’ potential job abilities than focusing too much on an individual’s online presence. Important hiring standards should focus on what they will do and how they can handle problems in the future rather than what they already did in the past. Fred’s instinct tells him that letting Mimi go to a competitor will be a catastrophe to Hathaway Jones because of her potentials. He cannot realize his ambitious plan to expand on China’s luxury goods market with only people who always play safe. John G. Palfrey’s article, †Should Fred Hire Mimi Despite Her Online History† (p. 42), says that there is no reason to fear bringing Mimi in based on the results of a Google search. Legal issue may arise only if Hathaway Jones discriminates against Mimi. Palfrey argues that if CEOs are looking only for people who are total saints, then maybe they are hiring only uninteresting people at the end of the day. I agree that hiring standards of Virginia have to be revised. Otherwise, companies may miss young great candidates. The young generation called â€Å"digital natives† share much more information on the Internet than the older generation called â€Å"digital immigrants†, who have not plunged themselves into digital environments. If CEOs only hire people who do not have online histories, the companies will suffer from a lack of leaders in the future. Coutu, D. (2007) We Googled You. Harvard Business Review, pp. 37-41. Palfrey, J. (2007). Should Fred Hire Mimi Despite Her Online History? Harvard Business Review, p. 42.