Free Essays on GM to Sue California

The Wall Street Journal Date: Monday February 26, 2001 Article Title: GM’s Move to Sue California Over rules On Emmissions Leaves Auto Makers Split. On Friday February 23, General Motors Corp. filed a law suit in California Superior Court against the state Air Resource Boards that by 2003 all cars and light trucks sold or leased in California by big manufacturer’s emit no pollution. Ford Motor Co. and Daimler Chrysler AG decided not to endorse GM’s legal efforts. GM says that the new standards and are both economically and technologically difficult to meet. Air boars officials felt that they were not being unreasonable, and that GM should rely on their engineers rather than their lawyers. This suit can have large impact because other states have already agreed to the same emission rules as CA. Ford issued a statement that it was prepared to meet the requirements and that they are headed in this direction anyway by promising to try to improve the gas mileage on all their sport utility vehicles by %25 over 5 years. Toyota Motors Corp., said they are not planning on taking any part of this even thought they ha ve been arguing the same issues. GM says that they have been trying very hard to clean up the air in CA.. They introduced their battery powered car their five years ago, and have supplied electric power transit busses as well. GM says that sales of electric cars has been so small that they might have to resort to selling golf cart like cars. They say they are not being given enough time to meet the standards.... Free Essays on GM to Sue California Free Essays on GM to Sue California The Wall Street Journal Date: Monday February 26, 2001 Article Title: GM’s Move to Sue California Over rules On Emmissions Leaves Auto Makers Split. On Friday February 23, General Motors Corp. filed a law suit in California Superior Court against the state Air Resource Boards that by 2003 all cars and light trucks sold or leased in California by big manufacturer’s emit no pollution. Ford Motor Co. and Daimler Chrysler AG decided not to endorse GM’s legal efforts. GM says that the new standards and are both economically and technologically difficult to meet. Air boars officials felt that they were not being unreasonable, and that GM should rely on their engineers rather than their lawyers. This suit can have large impact because other states have already agreed to the same emission rules as CA. Ford issued a statement that it was prepared to meet the requirements and that they are headed in this direction anyway by promising to try to improve the gas mileage on all their sport utility vehicles by %25 over 5 years. Toyota Motors Corp., said they are not planning on taking any part of this even thought they ha ve been arguing the same issues. GM says that they have been trying very hard to clean up the air in CA.. They introduced their battery powered car their five years ago, and have supplied electric power transit busses as well. GM says that sales of electric cars has been so small that they might have to resort to selling golf cart like cars. They say they are not being given enough time to meet the standards....

Bear Minimum Essay Example for Free

Bear Minimum Essay The lease of a combustion turbine by Big Bear Power from Goliath Co includes three provisions that we must examine to determine whether they should be included in the â€Å"minimum lease payment† as defined in ASC 840. Provision 1 This provision involves Big Bear paying $500,000 to its external counsel, and $1 million of legal fees to Goliath Co. The $1 million fee to Goliath Co. should be included in the minimum lease payment. This is supported by 840-10-25-6 which states: Fees that are paid by the lessee to the owners of the special-purpose entity for structuring the lease transaction†¦shall be included as part of minimum lease payments. The $500,000 to its external counsel should not be included because it was not an obligatory cost for the lease. Provision 2 To determine if the penalty payment from a default would be included in the minimum lease payment, we look at ASC 840-10-25-14: [Default covenants related to nonperformance do not affect lease classification if all of the following conditions exist: a. The default covenant provision is customary in financing arrangements. b. The occurrence of the event of default is objectively determinable (for example, subjective acceleration clauses would not satisfy this condition). c. Predefined criteria, related solely to the lessee and its operations, have been established for the determination of the event of default. d. It is reasonable to assume, based on the facts and circumstances that exist at lease inception, that the event of default will not occur. In applying this condition, it is expected that entities would consider recent trends in the lessee’s operations. If any of those conditions do not exist, then the maximum amount that the lessee could be required to pay under the default covenant shall be included in minimum lease payments for purposes of applying paragraph 840-10-25-1] The first condition about the default covenant provision being customary does exist due to the note stating that â€Å"this is a customary provision in  leasing arrangements†. The company has positive cash flow and is in compliance with all its debt covenants, which supports Big Bear’s belief that the chance of default is low. Thus conditions 2 and 4 are met. Condition 3, which involves predetermined criteria in case of a default, does not seem to have been met. Since not all the conditions have been met, the default payment covenant shall be included in the minimum lease payment. Provision 3 This provision states that Big Bear’s rent of $1 million will increase by the same percentage increase in the CPI. The most recent annual increase in CPI was 4%. 840-10-25-4 states that â€Å"lease payments that depend on an existing index or sate, such as the CPI or prime interest rate, shall be included in minimum lease payments based on the index†. Therefore after the first year, the minimum lease payment will rise by $40,000 per year or $3,333.33 per month. Bear Minimum. (2016, Mar 04).

Diamond Model Analyze Essay Example | Topics and Well Written Essays - 500 words

Diamond Model Analyze - Essay Example These are very important. A country endowed with natural resources that are important for the production especially in the line that the foreign investor has interest will be an advantageous situation. Further, infrastructure makes it easy for operations reducing cost of doing business. For example an existence of an airport makes it easy for transportation of goods or perishable products and as such is a good environment for wooing direct foreign investment.Secondly, the demand conditions also come to play. As a factor that would influence the ability for doing business for foreign investors. Demand for the products that are generated by the foreign investor is an environmental factor of consideration. Without demand the investor will not be attracted and as such no foreign investment can be realized. Related supporting industries in the line that the foreign investor is also necessary and is a factor to consider. This is because they make easier the operation of the given foreign c ompany and as such their existence around can provide a good environment for the survival and operation of the foreign investment. For example if the direct foreign investment was targeting production of cotton, an existence of textile industry or other related ones will make the investment viable and as such encourage direct foreign investments. Competitive opponent’s existence is another environment factor that should be taken in to account when trying to woo a foreign direct investor.

Write a 1,000-word essay about the value and limitations of the

Write a 1,000-word about the value and limitations of the document in understanding American foreign policy-making and US relations with China (both Natio - Essay Example It reflects some clear thinking in the US State Department in its understanding of issues related to China. Broadly put, the proposed policy aims to build a calibrated relationship with China but at the same time have a strong upper hand in this relationship. This paper provides a wider perspective to the ‘draft document’ and contextualizes the policy of the US government towards China to the prevailing national and international political scenarios of the time. The proposed policy rightly aims to assist the Chinese people by providing them with food stocks. The ‘Great Leap Forward’ beginning 1958 which was about simultaneous development of agricultural and industrial sectors, turned out to be a major economic disaster for China, leaving, by some estimates around 20 million dead. Providing China with much needed food relief and other humanitarian aid such as medical information and advanced warnings about natural disasters, in this scenario, would have indeed helped Chinese people (if not the Chinese Government) warm up to the Americans. What the proposed policy fails to take into account is that China has always been a ‘closed’ State. Even in 2008, in an era of internet and mobile phones, the Chinese people are largely dependent on government filtered sources of information (Jonathan Zittrain and Benjamin Edelman). Attempting to influence opinions of Chinese people in the 1960s would have only been tougher. By attempting to reward the Japanese and Indians, the proposed policy rightly aims to strengthen the nuclear capabilities, albeit for peaceful purposes, of China’s neighbours, and in turn, build a perception that China’s military capabilities are neither unique nor so strong as to push the smaller neighbours into China’s fold. The US strategy of containment of China is envisages the willingness of the smaller players such as Japan or larger ones such as India to become a pawn in

The Role Of Media Essay Example for Free

The Role Of Media Essay Information is a very powerful tool.   One who controls it can manipulate the outcome of most events in society.   The media possesses this enviable authority to independently disseminate information on all things significant to everyone.   Politics, entertainment, sports, health, current events, and government are the facets of civil society that the media needs to cover.   It has a significant role in all these aspects to transmit every detail of information to the public.   In government, the media plays an even bigger role.    It serves as a bridge between government leaders and the people.   The media is tasked with major responsibilities to function as broadcaster, educator, and watchdog. As a broadcaster, the media gathers noteworthy information about every action our government is carrying out.   It needs to convey the news with unequivocal objectivity with one major goal- bring the truth to the people.   As an educator, the media holds the duty to instruct the public on complex governmental issues.   The process and system of government policies and regulations need to be put in plain words so the majority of the citizens will comprehend.   This will empower the people and encourage them to uphold their rights and privileges. As a watchdog, the media scrutinizes every decision the government makes.   It acts as the eyes and ears of society taking all information into consideration and exposes them to the public for review.   The media compels government officials to be always accountable to the people who placed them in their respective positions.   The media has not really changed much. Throughout the years, it has remained true to the mission it has set to undertake.   The muckrakers of the past and the journalists of present times have stood their ground and remained steadfast.   The media has withstood the test of time and continued to dedicate its existence in the service of the people.   It has its fair share of triumphs and disappointments.   The media has dedicated its whole life in the pursuit of the truth. Works Cited The Role of Media in Democracy: A Strategic Approach. Technical Publication Series. Jun. 1999: pg 3. Center for Democracy and Governance Bureau for Global Programs, Field Support, and Research US Agency for International Development. Paletz, David L. The Media in American Politics: Contents and Consequences. New York: Longman, 1999. Rasky, Susan. Informing Democracy: The Role of Media in Shaping American Policy and Public Opinion. USINFO- The United States Department of State. U.S. Department of States Bureau of International Information Programs. 12 Dec. 2004. http://usinfo.state.gov/usinfo/USINFO/Products/Webchats/rasky_11_dec_2006.html

Common Sense Essay example -- essays research papers

Common Sense. By Thomas Paine. Edited with an Introduction by Isaac Kramnic. (New York: Penguin Books, 1986).   	Recently, I acquired a copy of Thomas Paine’s most recent patriotic pamphlet, entitled Common Sense. I was immediately interested in what Paine had to say in his new work, after such powerful previous works, such as The Crisis series. I was nothing less than astonished at how Paine so powerfully conveyed his patriotic message. Paine theorizes a split between England and the colonial states. At the same time as a split is theorized, it would form a union of the colonial states into one country, united into one body on our American principles, no longer under the rule of the British Parliament and its ridiculous taxes and misrepresentation. Paine delivers one of the most compelling arguments I have heard on why there should be a division between the English and the Americans. 	The British Parliament has long been a bane to the colonists in the New World, with the passage of all their "acts" to tax us simply because we are more productive. Paine makes his contempt for the current system of government quite clear early on. "Society in every state is a blessing, but government even in its best state is but a necessary evil; in its worst state an intolerable one; for even we suffer, or are exposed to the same miseries by a government, which we might expect in a country without government, our calamities is heightened by reflecting that we furnish the means by which we suffer." (65) Paine clearly believes that the English government falls into the "intolerable" category of governments. Although a system of government is a required entity in almost any society, there are much better ways to govern a people besides the British monarchal system. Paine discusses how the Parliament is set up as a representation o f the people, but what good is representation in a monarchy? The monarch still has absolute power, even though a system is set up to make it appear as though the people have a say. This lack of true representation instills a lack of trust towards the king in the British subjects. These factors create doubt in one’s mind about the strength of the British government. Paine questions the government saying: "How came the king by a power which the people are afraid to trust, ... ...umstances, a separation between England and America is crucial to the survival of America. The only factor that must be decided is when such a separation should occur. If we look to Paine’s advice, he states: "As all men allow the measure, and vary only in their opinion of the time, let us, in order to remove mistakes, take a general survey of things and endeavour if possible, to find out the very time. But we need not go far, the inquiry ceases at once, for the time hath found us." (100) Paine calls for an immediate separation from the British. As an independent nation, America could be free of England’s tyrannical government, and its absurd monarchy. No longer would we have to suffer the injustices of the British Parliament and their ridiculous taxes. We already have to protect ourselves as a nation, without British support, unless of course the English have some interest in the matter. Why not defend our selves as an independent nation? There is no poss ibility of reparations at this point in time. However, this is the key time to make our stand. If we ever have a desire to become free men, men of our own will and control, we must act now, and declare our independence.

Unfeeling Personalities

Sometimes my co-workers can be shallow, dishonest, unreliable, and generally fake when it comes to how they are at work. You can go into work one day and they are laughing and Joking with you, and the next day they can be snapping at you and treating you like you murdered someone. I usually Just deal with this at work, then go home and vent to my boyfriend about them. I never imagined that a simple test in a college class could change how I looked at my co-workers. We had to complete what is called the Golden Personality test for my FirstSemester Seminar course, which took place from March 3rd to April 26th. This test was written by John P. Golden, who is an economic and social scientist. This test that he wrote presents a way to better understand not only the type of personality we have, but also what type of personality those around us have. Taking this test was meant to show the differences and similarities between personality types, and as a result, would make us more prepared to work with all the different types of people we may come across in our lives.When I first went to take this test, I wasn't really ere about how accurate it would be, but I believe that taking this test has made working with the people in my life, such as home, work, and school, a lot less difficult. Here are my reasons why I believe this test was effective. After you take this test, which is comprised of various questions about how we react to situations, people, places, etc. , you are given an â€Å"official† personality type.This personality type is based off of your answers to the questions taken from sixteen different possible types, is represented by four letters, and each letter in the resonantly type describes aspects that stand out about your personality based upon your answers to the questions given. The test is also separated out into sections that show how you react and feel in life. The personality type that I was identified as when I took this test was an ‘ NEFF'. The letters in my personality type stand for Extroversion, Intuiting, Feeling, and Judging.The first section of the Golden Personality Test represents where and how you focus your energy in life. This could either be as an Extrovert, or an Introvert. An Extrovert is someone who enjoys being around others and focuses on people, places, etc. The opposite of that is the Introvert. Introverts like to keep to themselves, and although they still like the company of others, it is usually over the internet, such as in video games. When I took this test, my results showed that I don't really have a clear preference on how and where I focus my energy, but I may prefer to be more Extroverted than Introverted.This would mean that I focus my energy more on tangible things and people, and am a little more social and active, rather than sousing my energy on my thoughts and ideas and keeping solely to myself. I would have to say that I agree with this part of the test. I can be more social a nd tend to direct most of my energy toward people and things, but I also can be very reflective and want quiet time too. I love spending time with my friends and family, but I enjoy just sitting and being quiet in the woods by myself. Another good example of this is my music choices.If you were to look at my play list, you would see everything from Lady Gaga and Kathy Perry, to Any and Celtic Woman. The second section of this test represents how you gather your information. This can be classified as either Sensing, or Intuiting. I was classified as someone who has a slight preference toward Intuiting. This would mean that I process information in a more ‘symbolic and global fashion', and less in an ‘exact, detailed, and literal fashion'. It also means that I think more about what is possible and the big picture, rather than what are known and more practical issues.I would say that I agree with this one as well. I do a lot of both types of information-gathering, but I ten d to lean more award using my intuition. The facts' are not always 100% accurate, even though we like to think so. The world is constantly changing; including so-called fact', but our intuition stays the same and generally points us in the right direction. The next section of the Golden Personality test focuses on how you make decisions. This can be classified as either Thinking, or Feeling. This test showed that I lean more heavily toward the Feeling aspect rather than the Thinking aspect.This means that I focus more on how my decisions will affect others rather than focusing n logic and rationality. I have to agree with this because I know that I tend to make my decisions based upon how I think it will affect others around me and less on the ‘normal' way that people make decisions, which is usually based more on what is rational and logical. I like to describe it as me following my heart'. The fourth section of the test shows how you generally approach life. You can either b e classified as Judging, or Perceiving.I was classified as having a clear preference toward the Judging aspect rather than the Perceiving aspect. This would mean that I prefer an orderly, organized, and systematic approach to life, rather than a flexible and open-ended one. I would agree with this part of the test as well, except I believe I am closer to being in the middle ground of the two aspects, rather than preferring one more heavily than the other. I like order and things being organized and planned out, but I also like to Just go and do things on a whim and don't really need to plan every single detail out.The final section of the Golden Personality Test shows how you respond to daily life and what life throws at us each day. This is broken down in the test into two focuses: Tense, or Calm. This test showed that I typically respond to daily stress in more of a calm fashion rather than in a tense fashion. This means that I am more optimistic, calm, and relaxed about how thing s go in life. I agree with this section almost 100% because although I can be cautious and unsure of how things will go, I tend to be calmer and laid back about things than others.If something isn't working out, I tend to respond more in a cool and collected fashion rather than acting like it is he end of the world'. I definitely worry and am concerned with how things may go, but overall, I am cool and collected in stressful situations. This test is meant to show us what type of person we are, and in turn, make it easier to understand those around us. Overall, I would have to say that I agree with the results that this test provided for me. There are a few discrepancies with how it described my personality, but overall it was very accurate. People are diverse, and no two people are exactly alike.I believe that this test is already helping me not only utter understand how my personality comes across to others, but also to understand better those that I work with in my Job, school, an d anywhere else I come into contact and work with people. I now know why my co-workers act the way they do, and instead of Jumping to conclusions and Just thinking that they are horrible co- workers, I stop and take a look at what is going on with them. Sometimes there is a good reason they are acting the way they are. I am being more empathetic, less judgmental, and I am taking a closer look at the world around me and the people in it.