Dynamic Declarations Essay Example | Topics and Well Written Essays - 1000 words

Dynamic Declarations - Essay Example In many ways, then, the Declaration of Sentiments and Revolutions is meant to correct a perceived error in the Jefferson document: that the word â€Å"man† is hardly univocal. Instead, natural rights belong to man and woman equally, and the language used in the Declaration is thereby at best deceptive and at worst mistaken. The very concept of â€Å"natural rights† dictates that they belong to all human beings equally and always, independent or not contingent upon the particular laws or values of any given society. Natural rights are universal constructs that cannot be violated, at least according to the Lockean or Jeffersonian notions of them. Although there are surely natural differences between the sexes of man and woman, this does not entail there are differences in what the individual human being deserves with respect to his or her natural rights. Jefferson and Stanton approach the topic of natural rights with the idea that they are inalienable. Nevertheless, Stanton’s issue is not so much with what natural rights are, but to whom they are given. Jefferson lays the foundation for natural rights, saying, â€Å"[human beings] are endowed by their Creator with certain inalienable rights; that among these are life, liberty, and the pursuit of happiness†. A natural right is thus a freedom, not a power. This declaration of rights does not say that individuals have the right to use others to pursue their own happiness, or to use others to live their life. This would be an example of a power over another person and the Declaration of Independence certainly does not hold to this view, for it is definitive of those things the document was written to combat (namely, the power of the King). Rather, these natural rights are freedoms to not be interfered with in living one’s life and pursuing one’s happiness. A natural right is therefore not

Following the sub-prime crisis and the impact of 'Toxic' debt is there Essay

Following the sub-prime crisis and the impact of 'Toxic' debt is there a future for the securitization of commercial property - Essay Example But soon turbulence came with sudden loss of confidence within the securitization and financial engineering sector. The present statistical model for assessing & pricing credit risk can be blamed for the disastrous situation that engulfed the entire financial world. The most surprising fact about the crisis was that it originated in those countries which were believed to have the most efficient risk management technology. (Caprio, Demirgà ¼Ãƒ §-Kunt & Kane, 2008, p. 2). With the unfolding of the crisis, the financial world witnessed a series of unpredicted and unprecedented events which uncovered the fault of AAA credit rating system used in UK banks for more than 150 years. The crisis, also known as meltdown, even highlighted the default of US safety net for covering major insurance banks; investment banking and government sponsored housing finance companies. Downfall in the major economic drivers led to sharp plunge in world wide stock and capital markets. This crisis soon migrated from US to other developed countries and economies like that of Australia, Ireland, and Germany. It can be estimated that the loss caused by this financial crisis lies in between the ranges of $1 trillion to $2 trillion (Caprio, Demirgà ¼Ãƒ §-Kunt & Kane, 2008, p. 2). The crisis that engulfed the financial market since august 2007 had its origin in the housing mortgage market of the United States. Housing markets in other countries like Australia, Canada, Spain, and United Kingdom were also facing high rise in prices along with the highly leveraged mergers and acquisition. But none of these countries faced financial crisis due to the housing bubble, so this makes the fact clear that there were certain distinguished features with in the US housing finance system that gave birth to such enourmous financial crisis. The prime factors can be segregated as below: Housing construction peaked in the United

Sports Economics Case Study Example | Topics and Well Written Essays - 1500 words

Sports Economics - Case Study Example (FAI) The history also cited about the growth of the football clubs, among them was the Ulster based Protestant Clubs which later found to have clamored especially when selecting sides for international matches. This had led to the rising of nationalism in 1916 that had pushed the Southern affiliates to take an aggressive approach in their dealings with IFA.(FAI) During this time also, there was always a threat of breakaways of member clubs which created crisis with in the IFA interfere in the final game of two teams in favor of another football club. This conflict led to the formation of football association of the Irish Free State in the meeting of Southern Association Clubs in 1921 in Molesworth in Dublin. This was apparently to prevent the break ups of the different football clubs. Nevertheless, it did not help improve the situation and FAIFS were blacklisted by all the Home Nations Associations.(FAI) But anyhow, the FAI and the League of Ireland has merged forming a new national football league system which is now the FAI Eircom League of Ireland. This new system has ended the 1921 inaugurated administration system run by the league of clubs and replaced it with a new system under the management of FAI, which created their own management system in the promotion of matches as well as in granting of specific licenses. This paper therefore aims to evaluate this new licensing system under FAI Eircom League.(FAI) Brief Summary of the FAI Eircom New System of Management and Licensing Under the FAI Eircom League system, the league contains 22 clubs and is split into two divisions. The premier division consists of twelve teams, and the FAI first division consists of ten teams. These teams were formerly playing under the old league which was invited to play but they first have to undergo an independent assessment on the following: criteria, the scoring and the detailed breakdown notes, as discussed in the Wikipedia. The criteria involves the 2002/03 - 2005 seasons, the 2006 seasons, infrastructure, governance and finance, sustainability, benchmarking, youth and development, and strategic planning. Target markets which items with corresponding scores of 30%, 20%, 10%, 15%, 15%, 10% respectively. Those first twelve teams who got high percentages on scoring and on the detailed analysis for each of the criteria attains an A license and therefore will be in premiere division. While the remainder gets the B license and will compose the FAI First Division. As the FAI Eircom League Independent Assessment reports, "the 21 clubs which took part in the process were ranked on the basis of points scored as a result of their achievements over the past five seasons on the pitch and they measured up against specific criteria."(Wikipedia) The Licensing system Participation in the FAI Eircom League was subject to "granting of specific participation licenses," as emphasized in the rules of licensing of FAI. Those who attains the A license participates in premiere division, while those who gets the B license play in FAI first division. According to UEFA, this license to participation is "an attempt to maintain a consistent standard of quality as well as promote development." There are also rules that clubs must sign in order to