The HIstory of Slavery Essay Example | Topics and Well Written Essays - 1000 words

The HIstory of Slavery - Essay Example From this paper it is clear that its legacy continues to be a matter of dispute among scholars and the basis for contemporary debates about public policy. This is because slavery is considered the classic expression of American racism, and its effects are still perceived as the roots of the problems faced by blacks in the United States. Slavery seems to be the wound that never healed that has become the moral core of the oppression story so fundamental to the identity of blacks today. It is not surprising that the bitterness generated by recollections of slavery has turned a generation of black scholars and activists against the nation's Founding which in turn is against identification with America itself.This study discusses that  in America, although there were many among them who shared prevailing prejudices against blacks, the abolitionist movement contained the first antiracists. Prominent abolitionists agreed that blacks were civilizationally inferior and incapable of ruling themselves. But they agreed that black inferiority is no justification for slavery; rather, it is the product of slavery itself. Some abolitionists propagated the idea of helping blacks to resettle in Africa, but those who recognized the implausibility of such schemes opined that blacks were capable of living as free people.  In order to directly rebut the Southern argument that blacks were better off being ruled by a â€Å"superior† race, abolitionists began an inconspicuous quest for intelligent blacks. who would be standing refutations of theories of intrinsic inferiority. Although the issue of diminishing manpower arose along with anti-slavery campaigns, yet at one point, some 400,000 Britons were refusing to eat slave-grown sugar. There were antislavery committees in practically every town in the British Isles. In 1792, 390,000 people signed protest petitions to Parliament on the subject. And the House of Commons unanimously voted to abolish the slave trade. Unfortunately, The House of Lords refused, and British slave ships continued to cross the Atlantic. Nevertheless, a great movement was under way, and ultimately with the powerful help of huge slave rebellions in the West Indies, slavery came to a stop in the British Empire a full quarter century before it did in the United States. The British antislavery movement not only initiated with astounding suddenness, it pioneered virtually every major technique of political organization used even to this date like consumer boycott, answer a direct mail appeal, put up a political poster, paste the logo of an environmental group on transport vehicles, or join a national lobbying

Research Paper on Drinking & Driving Essay Example for Free

Research Paper on Drinking Driving Essay Course Project_Final Draft A real-world problem that I have conducted my research on was drinking and driving in teens. Every day, almost 30 people in the United States die in motor vehicle crashes that involve an alcohol-impaired driver (cdc.gov). Each year there are thousands of deaths because teens seem to believe they are invincible even to drinking, they get behind the wheel, and well you can imagine the consequences to that, they don’t know they don’t only put their lives at risk but those on the road as well. This amounts to one death every 48 minutes. The annual cost of alcohol-related crashes totals more than $51 billion. Conducting research can lead you to so many gateways of knowledge you never could have imaged, this especially includes statistics. You never really know about anything until you are able to see numbers, information, charts or even professional speakers giving presentations based on information that is proven to be true do to these real world problems. Statistics is a math that can give you world-wide range of numbers. Statistical methods that have helped me see my research into a bigger picture were the statistical graphics, such as dot plots, bar graphs, pie graphs, etc. A little bit of describing, exploring and comparing data came in handy as well. Data collection is the best way to be able to see or show an audience your statistics, I couldn’t have looked up a better resource than what I did, I used www.cdc.gov (Centers for Disease Control and Prevention). I liked this resource not only because I know it’s a reliable website since it’s a government based website but also because its gives you clear numbers, years, percentages but also visual statistical graphs that display their data. In 2010, 10,228 people were killed in alcohol-impaired driving crashes, accounting for nearly one-third (31%) of all traffic-related deaths in the United States. In that same year, over 1.4 million drivers were arrested for driving under the influence of alcohol or narcotics, that’s one of the 112 million self-reported assurances of alcohol-impaired driving each year. With all this information it makes you think who is all at risk? The main top categories of people who are at most risk of getting behind the  wheel un der the influence are young people, motorcyclists as well as drivers with prior driving while impaired convictions such as a DUI. Young people are at risk because the levels of blood alcohol concentration (BAC) is at greater risk than those of older people. Drivers with levels of 0.08% or higher involved in fatal crashes in 2010 were one of every 3 were between the ages of 21-24 which is 34%. The next two largest groups were the ages of 25-34 and then 35-44 and from 25-44 age group there is a lower percent tile of accidents, which can tell you teens are at great risk. Motorcyclists are at great risk because 28% of fatal crashes in 2010 were alcohol impaired motorcyclists between the ages of 40 or older. For those drivers that have had a prior driving impaired conviction are four times more like to have a BAC of 0.08% or higher of involvement in fatal crashes due to the same fact that they have done the action in their life before. Undergoing such scary and cruel information many of us think what is happening to the world?! What can we do about it?! There are many laws and actions trying to be done but all I can do is to think a little more and see what else can be done besides just increasing the legal drinking age, or taking away driver licenses of those driving while intoxicated. We have the option of parents or friends to not allow your friend to drive their car if they know they will be drinking or if you know you won’t be driving you can indicate yourself as the DD (designated driver). Other options that I believe can really help is have the media promoting more on the NO DRINKING AND DRIVING, instead of just promoting the alcoholic beverages on TV, radio etc. The biggest things that I believe that can make a difference is to come up with some kind of technology that can be installed in the car that can help detect or see if the driver is ok to drive the vehicle. Sprint has this new sort of technology that goes along with the NO TEXTING AND DRIVING, this happens by when the driver getting into the car, the cellphone shuts down automatically and it won’t come on until the car is in a complete none motion and engine off, pretty neat huh? We as Americans need to think about the box and realize there are bigger things out there causing great effects and so we then must build bigger and better.

Effect of Antidepressant Treatment on Sexual Dysfunction

Effect of Antidepressant Treatment on Sexual Dysfunction IMPROVEMENT IN SEXUAL DYSFUNCTION FOLLOWING ANTIDEPRESSANT TREATMENT IN DEPRESSED FEMALES *Dr. Abhivant Niteen N. 1, Dr. Sawant Neena S.2, ABSTRACT Introduction: Depression is associated with sexual dysfunction. As the depression improves sexual dysfunction also improves. There are not many studies on female sexuality. Aims and objectives: To find out the changes in sexual functioning in depressed females after treatment with anti-depressant drugs. Method: 41 female patients diagnosed to have depression were included in study. Becks Depression Inventory and Female Sexual Functioning Index scales were applied at the beginning and after 6 weeks to assess the improvement in sexual dysfunction and depression. Results: When scores were compared after 6 weeks of antidepressant treatment then a highly significant difference was seen on all the scores of BDI ( pConclusions: This study showed significant improvement in sexual dysfunction and different aspects of sexual dysfunctions after treatment with antidepressants for 6 weeks. Keywords: Female sexual dysfunction, Depression, SSRI, FSFI. INTRODUCTION: The issue of sexual health, once regarded as taboo subject, has been widely debated recently. Reliable estimates of incidence and severity of sexual dysfunctions in females is difficult to obtain as the patients are often unwilling to raise the issue of sexual health with health professionals and both the patient and the physician may be reluctant to discuss it. Female sexual dysfunction is multifactorial and multidimensional condition combining biological, psychological and interpersonal determinants [1]. Although sexual dysfunctions are not life threatening, they have major impact on personal relationships, physical health and quality of life. There are several studies on male sexual dysfunctions in India [2] but literature on the prevalence of sexual dysfunction among women is particularly scant [3, 4]. The prospective Zurich cohort study shows that the prevalence of sexual problems in depressed subjects is approximately twice that in controls [5]. A number of investigators have reported various sexual dysfunctions associated with depression [1, 6, 7, 8].Female sexual function is also regulated by a variety of neurotransmitters and hormones. Estrogen, testosterone and progesterone promote sexual desire; dopamine promotes desire and arousal, and norepinephrine promotes arousal [9, 10]. Prolactin inhibits arousal, and oxytocin promotes orgasm [11]. Hence a need was felt to look into the aspects of female sexual dysfunctions and it’s relation to underlying depression and drug therapy. Increased awareness of this problem in medical community will lead to further research in female sexual dysfunctions and improved treatment. AIMS AND OBJECTIVE To find out the changes in sexual functioning in depressed females after treatment with anti-depressant drugs. MATERIAL AND METHODS This study was a prospective (6 week) study conducted in a psychiatry outpatient department of a general municipal hospital. The sample consisted of 52 female patients who were diagnosed to have depression as per Diagnostic and Statistical Manual of Mental Disorders, 4th edition, Text revision, criteria after satisfying inclusion and exclusion criteria. INCLUSION CRITERIA: 1) Females diagnosed to have depression as per Diagnostic and Statistical Manual of Mental Disorders, 4th edition, Text revision 2) Those who were willing to participate in the study. 3) Language compatibility. EXCLUSION CRITERIA: 1) Females less than 18 years of age. 2) Those with past history of depression or any psychiatric illness. 3)Those who were on any other psychotropic medications. 4) Sexual dysfunction prior to depression. 52 female patients were screened of which 3 patients refused the consent and so had to be dropped out of the study. 49 female patients gave consent and so were enrolled in the study protocol. Of the 49 patients, 8 patients dropped out of the follow-up period over 6 weeks. At the end of 6 weeks, 41 patients were available for analysis. All patients were explained about the nature of study and it’s applications and informed consent was obtained from patients. A proforma was designed to enquire into the socio-demographic details, details of psychopathology, presence of sexual dysfunctions and questions pertaining to aims and objectives of study. All the patients were interviewed in presence of female co-investigator or another lady doctor or a nurse and were interviewed in drug naà ¯ve state and then they were started on any of the Selective Serotonin Reuptake Inhibitor medications viz Sertraline, Escitalopram for underlying depression. All the patients were administered Beck’s Depression Inventory and Female Sexual Functioning Index Scale in the drug naà ¯ve state and all the scales were again administered at the end of 6 weeks of anti-depressant medication to gauge the improvement in mood and sexual functioning. TOOLS: 1) BECK’S DEPRESSION INVENTORY: Developed by A. Beck [12] is a rating to measure the severity of depression in which individuals rate their own symptoms of depression. This is a 21 item scale which evaluates the key symptoms of depression including mood, pessimism, sense of failure, self dissatisfaction, self accusation, self dislike, guilt, punishment, suicidal ideas, crying, irritability, social withdrawal, indecisiveness, body image changes, insomnia, fatigability, loss of appetite, weight loss, somatic pre-occupation and loss of libido. Individuals are asked to rate themselves on a 0 to 3 spectrum [0=least, 3=most] with a score range of 0 to 63. Total score is a sum of all items. 2) FEMALE SEXUAL FUNCTIONING INDEX [13]: The Female Sexual Functioning Index is a 19 item questionnaire. It is a brief, multidimensional, self report instrument to assess the key dimensions of sexual function in females. It assesses six domains of sexual function including 1) Desire 2) Physical arousal-sensation Physical arousal-lubrication 4) Orgasm 5) Satisfaction and 6) Pain. All the scales were translated in Marathi and Hindi and were validated by the departmental staff before administration. DATA ANALYSIS: All analyses were done with SPSS statistical version 11 at 5% significance. The changes in tools (Beck’s Depression Inventory, Female Sexual Functioning Index) were analyzed pre and post treatment using the paired‘t’ test. RESULTS The mean age of this sample (n=49) was 28.9 years (+_ 3.03 yrs) with range of 23- 39 years and majority (81.6%) patients were from 25-31 years age group. Majority (63.26%) of patients had completed their secondary education and 94% were home makers with hardly 6% of them doing some job. As expected, about two-third (67.34%) were Hindus. The mean duration of depression was 2 years with standard deviation of 1.8 years with range being from 3 months to 7 years. When all the patients were assessed for improvement in their depression and areas of sexual functioning after a 6 week treatment with SSRI’s viz. Escitalopram (optimum dose 10 to 15 mg) and Sertraline (100mg), then a highly significant difference was seen on all the scores of BDI ( p On the various domains of FSFI a highly significant difference was seen on the domains of Arousal (p DISCUSSION Depressive disorders are among the most prevalent psychiatric disorders [14]. Depression is characterized by loss of interest, reduction in energy, lowered self-esteem and inability to experience pleasure, irritability and social withdrawal which may impair the ability to form and maintain intimate relationships. This constellation of symptoms may be expected to produce difficulties in sexual relationships, and depression has long been associated with sexual problems [15]. A number of investigators have reported association between sexual dysfunctions and depression [1, 6, 7, 8]. Depression is also associated with various neurotransmitter changes which may also contribute to sexual dysfunction in depression [10, 16, 17]. Our study showed that as depression improves, sexual functioning also improves which has been corroborated by Piazza [18] who had studied depressed women with greater sexual dysfunction at baseline and improvement in sexual functioning with treatment with SSRI’s in areas of improvement in sex drive, physiologic and psychological arousal. SSRI’s due to their antidepressant action improve the depression which may consequently reduce the various faulty cognitions associated with depression and enhance the person’s self esteem and energy. Also as the depression improves the various biological changes associated with it also improves which may also contribute to the reduction in sexual dysfunction. In short, with reversal of biological and psychological changes sexual dysfunction improves with SSRI treatment. There are also various studies which have linked SSRI’s with sexual dysfunction and have been discussed in critical reviews [19, 20] but Montgomery and colleagues [21] have also pointed out numerous obstacles to establishing the exact prevalence of antidepressant-related sexual dysfunction. Sex is more than a physical act. It also includes emotional and psychological dimensions. Studies have also shown that besides antidepressants many other factors influence the incidence and prevalence of sexual dysfunction in patients with depression. These include factors such as, depression itself, cultural and social factors and physical and psychiatric co-morbidities [21]. Given the scarcity of evidence-based treatments, the management of sexual dysfunction is still an art rather than a science. Even a seemingly clear-cut case of medication-associated sexual dysfunction should not be treated in a vacuum or in a strictly biological sense. The overall treatment should always take into consideration psychological factors and normal fluctuation of sexual functioning. ACKNOWLEDGEMENTS: We sincerely acknowledge the support and guidance of Dr. Shubhangi Parkar, Professor and Head, Department of Psychiatry, Seth G. S. Medical College and K. E. M. Hospital, Parel, Mumbai. 400012 REFERENCES: 1. Mathew RJ, Weinman ML: Sexual dysfunctions in depression. Arch Sexual Behav.1982; 11: 323–328 2. Verma K.K. et al: The frequency of sexual dysfunctions in patients attending a sex therapy clinic in north India, Arch sex behav.1998; 27: 309-314 3. Kulhara P, Avasthi A. Sexual dysfunction on the Indian subcontinent. Int Rev Psychiatry.1995; 7: 231-9 4. Avasthi A, Kaur R, Prakash O, Banerjee A, Kumar L, Kulhara P. Sexual behavior of married young women: A preliminary study from north India. Indian J Community Med.2008; 33: 163-7 5. Angst J. Sexual problems in healthy and depressed patients. Int Clin Psychopharmacol.1998; 13 (Suppl 6): S1–3 6. Clayton A H et al: assessment of Paroxetine induced sexual dysfunction using the changes in sexual functioning questionnaire: Psychopharmacol Bull.1995; 31: 397-413 7. Harvey K. V., Balon R: Clinical implications of antidepressant drug effects on sexual functioning; Ann Clin Psychiatry.1995; 7: 189-201 8. Harrison W.M. et al; Effects of an antidepressant medication on sexual function, a controlled study: J Clin Psychopharmacol.1986; 6: 144-149 9. Buss DM. The evolution of desire: Strategies of human mating. London: Harper Collins; 1994. p. 84-5. 10. Bloom FE. Brain, mind and behaviour. W.H. Freeman Co. 1985-88. p.208-17, 227-8. 11. Panksepp J. The foundfations of human and animal emotions.. New York. Oxford University Press. 12. Beck A T et al: â€Å"Psychometric properties of Beck Depression Inventory: Twenty five years of evaluation†. Clin Psychol Rev.1988; 8: 77-100 13. R Rosen et al: Journ of Sex and Marital therapy.2000; 26: 191-208 14. Rihmer Z, Angst A.; Mood disorders: Epidemiology: in Comprehensive Textbook Of Psychiatry; Sadock B J, Sadock V. A.; 8th edition, Lippincott Williams And Wilkins; 2004. 15. Baldwin DS. Depression and sexual function. J Psychopharmacol.1996; 10 (Suppl. 1): S30–34 16. Clayton A H. Sexual dysfunction in depression. Tricks of the trade in the long-term treatment of depression. Program and abstracts of the American Psychiatric Association 156th Annual Meeting; May 17-22, 2003; San Francisco, California. 17. Levin R. J. et al: The mechanism of human female sexual arousal; Ann Rev Sex Res.1992; 3: 1-48 18. Piazza L. A., Markowitz J. C., Kocsis J.H.: Sexual functioning in chronically depressed patients treated with SSRI Antidepressants: A pilot study; Am J Psychiatry.1997; 154: 1757-1759 19. Rosen RC, Lane RM, Menza M: Effects of SSRIs on sexual function: a critical review. J Clin Psychopharmacology.1999; 19: 67–85 20. Williams VSL, Baldwin DS, Hogue SL, Fehnel SE, Hollis KA, Edin HM: Estimating the prevalence and impact of antidepressant-induced sexual dysfunction in 2 European countries: a cross-sectional patient survey. J Clin Psychiatry.2006; 67: 204–210 21. Montgomery SA, Baldwin DS, Riley A: Antidepressant medications: a review of the evidence for drug-induced sexual dysfunction. J Affect Disord. 2002; 69: 119–140

The Enormous Lie Exposed in The Enormous Radio :: Enormous Radio

The Enormous Lie Exposed in The Enormous Radio John Cheever’s "The Enormous Radio" begins with the Westcotts appearing like the perfect "all-American" family. Cheever describes them as "the kind of people who seem to strike that satisfactory average of income, endeavor, and respectability" (Cheever 817). What is ironic about this story is the Westcotts are far from being the "perfect family," and the community they try to conform to is just as flawed as the Westcotts themselves. A way the Westcotts try to conform to their society is by keeping secret the fact that they listen to the radio and attend musical events. This is because these activities were not something members of their community did, much less talked about. The reader knows this because Cheever says the "Westcotts differed from their friends, their classmates, and their neighbors only in an interest in music. They went to a great many concerts although they never mentioned this to anyone" (817). A particular instance that shows the Westcotts aren’t the "perfect family" and the society they try to conform to is just as imperfect, is the fight between the Osborns. This shows the Westcotts’ community is flawed because Mr. Osborn is overheard being an abusive husband. Irene tells Jim: "Mr. Osborn’s beating his wife! They’ve been quarreling, and now he’s hitting her" (822). This incident also causes the Westcotts to question the "perfection" of their own marriage, and Jim and Irene end up having a disagreement about dishonesty. And it is widely accepted that dishonesty and physical abuse are not qualities of a "perfect" marriage. Another way it is shown that the Westcotts are not flawless is when Jim makes his enraged speech to Irene. This speech entails how he’s "sick" of her addiction to the radio and disgusted about her stealing jewelry and money from her sister and about the nonchalant manner in which she went to have an abortion (824). Even her coat is symbolic in showing the true nature of the Westcotts. Irene’s coat was "of fitch skins, dyed to resemble mink" (817). The fact that the coat was dyed to resemble something of higher status than it really was can be used as a metaphor to describe the Westcotts’ nature: they were one way when presenting themselves to society (high class and socially conscientious, like the coat and the Westcotts’ marriage both appeared), and another way when they were in the privacy of their own home (not well made, like the coat and how their marriage really was). The Enormous Lie Exposed in The Enormous Radio :: Enormous Radio The Enormous Lie Exposed in The Enormous Radio John Cheever’s "The Enormous Radio" begins with the Westcotts appearing like the perfect "all-American" family. Cheever describes them as "the kind of people who seem to strike that satisfactory average of income, endeavor, and respectability" (Cheever 817). What is ironic about this story is the Westcotts are far from being the "perfect family," and the community they try to conform to is just as flawed as the Westcotts themselves. A way the Westcotts try to conform to their society is by keeping secret the fact that they listen to the radio and attend musical events. This is because these activities were not something members of their community did, much less talked about. The reader knows this because Cheever says the "Westcotts differed from their friends, their classmates, and their neighbors only in an interest in music. They went to a great many concerts although they never mentioned this to anyone" (817). A particular instance that shows the Westcotts aren’t the "perfect family" and the society they try to conform to is just as imperfect, is the fight between the Osborns. This shows the Westcotts’ community is flawed because Mr. Osborn is overheard being an abusive husband. Irene tells Jim: "Mr. Osborn’s beating his wife! They’ve been quarreling, and now he’s hitting her" (822). This incident also causes the Westcotts to question the "perfection" of their own marriage, and Jim and Irene end up having a disagreement about dishonesty. And it is widely accepted that dishonesty and physical abuse are not qualities of a "perfect" marriage. Another way it is shown that the Westcotts are not flawless is when Jim makes his enraged speech to Irene. This speech entails how he’s "sick" of her addiction to the radio and disgusted about her stealing jewelry and money from her sister and about the nonchalant manner in which she went to have an abortion (824). Even her coat is symbolic in showing the true nature of the Westcotts. Irene’s coat was "of fitch skins, dyed to resemble mink" (817). The fact that the coat was dyed to resemble something of higher status than it really was can be used as a metaphor to describe the Westcotts’ nature: they were one way when presenting themselves to society (high class and socially conscientious, like the coat and the Westcotts’ marriage both appeared), and another way when they were in the privacy of their own home (not well made, like the coat and how their marriage really was).

Ocean carrier Essay

The purpose of this report is to evaluate whether Ocean Carriers Inc. should immediately commission a new capesize carrier that would cost $39 million, and would be completed two years hence, in order to finalize a lease of the ship for a three-year period with a potential charterer in very good faith. The contrasting tax regulations between the two countries where the company locates its office, and the different cost-benefit circumstances under different length of time in service are considered in the analysis. Taking all available information into consideration, we highly recommend that the company should purchase the new capesize carrier, have it registered under the Hong Kong office, and put it on a scheme for a 25-year service. Industry Prospects Capesize carriers are mainly used to carry iron ore and coal worldwide. The daily hire rates are therefore determined by the total exports of iron ore and coal, the distance between the exporting countries and the destinations, and the fleet size of capesizes in service. According to the market trends, in the next few years, Australian production in iron ore is expected to be strong and Indian iron ore exports are expected to take off. However, imports of iron ore and coal are expected to be stagnant in next two years. Therefore, total exports of iron ore and coal will be flat in the coming two years, and will rise remarkably in the following few years. Besides, as East Asia countries absorb the largest portion of the iron ore imports, the joining of India to the iron ore exporting won’t significantly increase travel distance because Australia is almost the same distance away by water. Moreover, in 2001 and 2002, 63 and 33 new capesize vessels would be delivered adding up to about 17% of total capesizes currently in service. Consequently, in the first two years, the supply of capesizes would be greater than the demand, the daily hire rates are expected to decrease. But in the mid-to-long run, the daily hire rates are expected to increase continuously. Revenues and Costs – Intuitions Before going into the numbers, we want to discuss some intuitions of this project that support the decision of purchasing the capesize. First, the increasing mid-to-long run daily hire rates will provide basis for promising future cash flows. Secondly, although the daily hire rate for the first two years are expected to be low, the charterer had already offered a rate higher than expected to compensate the company. Thirdly, a great portion of the expenditures come from the preparation for special surveys which should be renewed every five years if the ship needs to stay in the business. The high escalation of costs between the second and third surveys, and the fourth and fifth surveys, indicates that maximum net present value of the project would be achieved when the carrier serves for either 15 years or 25 years. Free Cash Flows In this part, we will discuss the detailed numbers. Some assumptions are made based on the economic outlook and company characteristics when calculating free cash flows. We assume that inflation rate is 3% per annual, and that operation cost would increase 1% above inflation rate per annual. We assume that discount rate is 9%, and will discuss the impact of a rate change later. Provided that the scrape value is estimated to be $5 million at the end of the fifteenth year, we estimate that the value would decrease to $4 million due to more wear in the steel. Please refer to Exhibits 1 to 4 for the calculations of estimated free cash flows and NPVs. We can see that if the company chooses to purchase the capesize, have it registered in Hong Kong instead of USA, and runs it for 25 years, the NPV will be the highest compared to other alternatives. Besides, the Hong Kong option (have the vessel registered in Hong Kong) dominates the USA option (have the vessel registered in USA) because no tax is required in Hong Kong in these operations. Also, the 25-year option dominates the 15-year option because, even if the scrap value is reduced to zero after 25 years, the NPVs for options that keep the capesize for 25 years are still higher than for 15 years. Sensitivity Analysis In the above calculations for the NPVs, we assume discount rate to be 9%. If the discount rate is higher, the NPVs for the projects will be reduced because the benefits from recording depreciation and tax deferring will increase. For example, we found that the USA-25-year option will produce a positive NPV if the discount rate is lowered to 6.67%. However, even if the discount rate is as low as 0.1%, the HK option still dominates the US option, and the 25-year option still dominates the 15-year option. Conclusion To sum up, if Ocean Carriers Inc. purchase a $39 million capesize carrier immediately, register it in Hong Kong, sign the three-year contract with the charterer, and keep the vessel in business for 25 years, based on estimations, it would acquire the largest possible NPV of $3.89 million on the project.

The Origin and Growth of the Italian Mafia essays

The Origin and Growth of the Italian Mafia essays The Origin and Expansion of the Italian Mafia Mafia. The word that continues to make many quake in fear at the mere mention of it. The Mafia is the longest lasting structured crime organization, it's origins dating back to the 1200's. In those early years the Mafia had just consisted of a few strong men trying to make a buck. Since its initial introduction to Italy, and particularly in Sicily, the Mafia has since fostered and grown into a worldwide crime organization. The origin of the word "mafia" is quite vague. Some experts claim that it came into existence as early as the ninth century, when Arab forces invaded and conquered Sicily. Their Arab rulers oppressed the peasants and many fled to the hills. In Arabic the word "mafia" means refuge. Sicily was subsequently invaded by the Normans in the eleventh century, the French in the twelfth century, the Spanish in the thirteenth century, and suffered from invasions by other nationalities as well. To combat these oppressive invaders, the refugees formed a secret society based on the Sicilian heritage of a sense of family. The organization had a strong hierarchical structure, led by the family heads called "dons." They in turn reported to the "don of dons", who lived in Palermo, the capital of Sicily. All Mafia members, from the lowest ranking informant to the most powerful don obeyed the rule of "Omerta", not revealing any Mafia dealings to the authorities, even about the enemy. Anyone who v iolated Omerta was killed. (History of the Mafia, www.wallwin.org) Others maintain that the word originated during the French invasion when the natives took up the cry, "Morte Alla Francia Italia Anela" (Death to the French is Italy's Cry), or MAFIA, (History of the Mafia, www.wallwin.org) while still others claim the word developed during Sicily's feudal period, when local strongmen were sent to collect the landlord's rents from his tenants (Sicily: Italy Apart...