Proposed Solution to the Foreclosure Crisis Essay

Today’s America is in crisis; we are in a recession. The greatest factor driving this major recession is Foreclosure many Americans are forced to face every day. In simple terms, the foreclosure crisis was caused by greed in the banking industry and too much optimism of the American people. This resulted in a bubble of subprime mortgage lending, which eventually collapsed once leading mortgage firms in the banking industry such as Fannie Mae and Freddie Mac needed to be bailed out by the government. A great panic was caused in the Stock Market, resulting in job losses and companies going out of business. Mortgage was unable to be paid, thus causing foreclosure on many houses. The foreclosure crisis has not only caused the banking†¦show more content†¦This way we tackle the issue from both sides by stopping the crisis and not letting it happen again. To stop foreclosure crisis the government must follow a procedure step by step. First, the government should ease the credit freeze for refinancing by negotiating with the banking industry. Financial firms that benefited from the TARP funds should be paid special attention to. This will result in more spending from the American people, thus creating jobs and allowing people to afford their monthly payments. If the banks are unwilling to simplify the process of refinancing mortgages and ease the credit market for existing homeowners’ mortgages, the government should demand for the payback of the TARP funds immediately. Failure to do so will result in additional tax levy on those firms. This coercion of banks paying the TARP funds should drastically ease the credit market. Secondly, the government must heavily encourage homeowners to refinance their mortgage under the new low rates. This will save homeowners up to 31% in monthly mortgage bills. This is an important step because it will help ease the burden of owing a payment on the American people during the recession; we must remember that in our position every penny counts. This endorsement by the government will boost confidence in the American people as well. The following step would consist of the government’s negotiation with the banks to lowerShow MoreRelatedProposed Solutions to the Foreclosure Crisis Essay1038 Words   |  5 PagesForeclosure is a growing national disaster in the United States. Every time you tune in to your local news, there is a new family whose house is being foreclosed. Every time you ride around the neighborhood, there is another house up for sale. There are several solutions to this increasing trend including cutting government spending and cutting funds towards unsuccessful government programs, devising financial plans to assist families by setting up payment plans that they can afford, getting communitiesRead MoreProposed Solutions to the Foreclosure Crisis in America Essay example1755 Words   |  8 PagesForeclosure, the process of claiming the defaulted property to cover the cost of an unpaid debt, has hit America like a tidal wave. Considered to be a crisis and a major factor in the poor economi c situation of today, there is no doubt that the current state of the housing market and the influx in foreclosures across the nation has had a dire impact on the American economy since the beginning of 2007. Strategies, policies, action plans, and all other means of organizing a recovery have been attemptedRead MoreA Practical Solution to the Foreclosure Crisis1122 Words   |  5 PagesIt is no secret the foreclosure crisis has played a significant role in the financial meltdown of the past year. The collapse of the housing marketing has brought thousands of families across the country to financial ruin, forcing many out on the streets. Although the common consensus is that something must be done to stabilize the foreclosure crisis, the agreement ends there. Proposed solutions to the foreclosure crisis have drawn controversy from all political affiliations and walks of life. ThisRead MoreIssues Americans Cannot Understand: The Federal Reserve and the Economy1593 Words   |  7 Pagesmiddle and lower class were greatly affected by the government’s intervention in Mortgage rates. The subprime mortgage crisis can be blamed for much of this country’s economic problems, but we don’t need to point fingers at what went wrong, we need to address the problems and find solutions. There are several issues that need to be addressed, to help solve this foreclosure crisis. The first issue is how the banks were clearly misled by the government, in a sense, that they approved clients forRead MoreEssay on Using the Bankruptcy Process to Solve the Foreclosure Crisis2578 Words   |  11 PagesThe scourge of foreclosure has already affected millions of Americans, and the fear of losing ones home looms over millions more. President Obamas Making Home Affordable program has been a step in the right direction insofar as it encourages homeowners to work with their lenders to modify their mortgage loans. These modifications have helped borrowers by allowing them to keep their homes, and they have helped lenders by allowing them to receive more money than they would typically receive inRead MoreForeclosures: Stop the Downward Spiral Essay1070 Words   |  5 Pagesbegan to put their homes up for sale. There weren’t enough buyers to keep up with the supply, and mort gages began to go into default. Families across America were faced with the reality that they could no longer afford to keep their homes, and foreclosures began to flood the market, leading the nation into a deep recession. The government tried to help reduce the supply of homes on the market by introducing the tax incentive program for first-time home buyers. This program was successful in bringingRead MoreThe Subprime Mortgage Crisis in the U.S Essay1586 Words   |  7 PagesThe argument over who should be at fault for the subprime mortgage crisis and housing market collapse in the United States has been a heated debate. Even though home foreclosure keeps rising, there should be some accountability for the economic meltdown resulting from the subprime mortgage situation. Should we blame banking institutions, mortgage lenders, brokers, and investors for this crisis? Should minorities be blamed for recklessly accepting loans and defaulting on them after realizing theyRead MoreSolving the Foreclosure Crisis: Renting to Re-Own as an Option for Homeowners and Lenders2114 Words   |  9 PagesAs the foreclosure crisis in the United States continues to spiral, increasing attention is being given to nove l and creative solutions for reducing the risk of mortgage default. The Obama administration has proposed several government-backed programs to help homeowners stay in their homes, and private lenders have tried various approaches to stabilize the economic situation. To date, none of the enacted efforts has substantially improved the crisis, and as such the number of homeowners filing forRead MoreScholarship Essay1122 Words   |  5 PagesEssay The foreclosure crisis is the second major financial dilemma of the twenty-first century. To solve this, the roots of the problem need to be dug up and exposed followed by replanting with an appropriately improved regulatory system to help build stronger roots for the future. It seems that the free market system cant be free anymore given its intertwining roots extend way beyond domestic to international financial systems. There are two fundamental causes to the latest credit crisis: 1) poorRead MoreSolving the Foreclosure Crisis Essay2165 Words   |  9 Pagesas the state of the sub-prime mortgage crisis. While matters in the Middle East and Washington often seem irrelevant and far away, the beast that has evolved out of low interest rates and plummeting housing costs is currently breathing down the necks of Americans in every state, city, and neighborhood. According to Realty Trac, the leading online database on foreclosure statistics, 3.4 million homes will fall into foreclosur e before the end of 2009. Foreclosure and bankruptcy, often caused by unemployment

The Human Need for Love in Mary Shelleys Frankenstein Essay

The Human Need for Love Exposed in Frankenstein Written in 1817 by Mary Shelley, Frankenstein is a novel about the modern Prometheus, the Roman Titian who stole fire from the gods and gave it to man. The story takes place in several European countries during the late 1700s. It is the recollection of Victor Frankenstein to a ship captain about his life. Victor is a student of science and medicine who discovers a way to reanimate dead flesh. In a desire to create the perfect race he constructs a man more powerful than any normal human, but the creation is so deformed and hideous that Victor shuns it. The creation then spends a year wandering searching for companionship, but everywhere he goes he is shunned and feared. Hating life†¦show more content†¦This lack of friendship has made the captain suicidal, without a thought to his crews lives. The captain takes a liking to Frankenstein as they both share many of the same interests; Victor even takes a liking to the captain enough to relate to him his terrible story. This frie ndship allows the captain to see clearly again and he decides to return to port and not further endanger his crew. Without this friendship he would have pushed on, trying to gain joy from victory. It is Victors story that truly exposes the true theme of the story, with him speaking of his days as a child and his first friendship with the girl his parents adopted. He lives a fine life, full of joy and happiness with friend plentiful. When he goes to college he is without friends, but soon befriends one of the professors and engaged in lengthy conversations with him. This isnt the same friendship as before, lacking the real love and companionship of his family, and he soon begins work on his creation. He so overwhelmed by the idea of creating a perfect person he is blinded from the deformity of the creature. When the creature is finished he examines his work and is mortified by it, running and hiding he escapes the creature that soon wanders away. Soon after Victor becomes sick and deathly, he shuns society and people and is almost dead when his friend Clerval arrives at the college. Clerval nurses Victor back to health, but Victor isnt physically sick, he has justShow MoreRelat edFrankenstein, by Mary Shelley1138 Words   |  5 PagesIs Frankenstein a man, whose ambition led to a disaster; or a monster, which created a life with disregard for the human race? Frankenstein, in my opinion, was the monster not the life that he had created. Frankenstein never admitted to his family what he had done, never admitted responsibility for his actions. He might as well have killed Elizabeth, William, Justine, and Clerval with his own hand. The so called â€Å"Monster† only wanted companionship; he did not want to murder those people. TheRead MoreInsert Surname 3.. Student’S Name. Professor’S Name. Course1590 Words   |  7 PagesInsert Surname 3 Student’s Name Professor’s Name Course Number Date Love, Family, Crime and Justice ​Mary Shelley’s Frankenstein explores several themes that define what it is to be a human. Victor Frankenstein perceived the monster he created as an evil demon though the book prompts learners to see the whole story from the monster’s perspective. Learners will be forced to sympathize with the monster as the book unfolds to showcase how he is alienated from a typical family after Victor declinedRead More The Concepts Of Knowledge And Happiness In Mary Shelleys Frankenstein1001 Words   |  5 Pagesto become greater than his nature will allow† (Shelley 60). In Mary Shelley’s Frankenstein, she expresses her beliefs regarding the danger of pursuing happiness through the attainment of knowledge, because true happiness is found in the emotional connections established between people. The pursuit of knowledge is not necessarily an evil thing, but it can cause destruction when it is pursued beyond natural limits. Victor Frankenstein becomes a slave to his passion for learning in more than one way;Read MoreMary Shelley Frankenstein859 Words   |  4 Pages Mary Shelley The Creature in Mary Shelley’s â€Å"Frankenstein or the Modern Prometheus† needs a companionship as every ordinary human. Every man needs a woman, who will able to share moments of happiness and sadness, a woman who will be able to share thoughts and of course a woman who will be able to love a man. In this case the Creature needs a bride. But the problem is that the Creature from the â€Å"Frankenstein or the Modern Prometheus† is not a human. So can human rights and needs be appliedRead MoreMary Shelley s Frankenstein - Original Writing1489 Words   |  6 Pagesrecurred, but I was unable to solve them (Mary Shelley’s Frankenstein).† Mary Shelley’s book, Frankenstein, parallels her own experiences. Shelley’s mother died in childbirth, and she was left â€Å"dependent on none and related to none.† Her father, William Godwin, abandoned his daughter emotionally when he remarried a woman who treated Mary poorly. Shelley often searched for an understanding of who she was. She did not have a mother to give her an education, so Mary taught herself by seeking answers toRead MoreMary Shelley s Frankenstein - Original Writing1146 Words   |  5 Pagesrecurred, but I was unable to solve them (Mary Shelley’s Frankenstein).† Mary Shelley’s book, Frankenstein, parallels her own experiences. Shelley’s mother died in childbirth, and she was left â€Å"dependent on none and related to none.† Her father, William Godwin, abandoned his daughter emotionally when he remarried a woman who treated Mary poorly. Shelley often searched for an understanding of who she was. She did not have a mother to give her an education, so Mary taught herself by seeking answers toRead MoreFrankenstein, By Mary Shelley Essay1114 Words   |  5 PagesIn Mary Shelley’s Frankenstein, Victor Frankenstein tells his story from the bright beginnings, to his boundary-crossing brilliance that led him to his ultimate downfall. Throughout the book, we follow mostly Frankenstein’s interpretation and thoughts about a variety of topics, including the women involved in his life, as well as those described to him by his Creature. There are only a handful of women who are relevant to Frankenstein’s tale: Sa fie, Elizabeth, and even Nature herself. These importantRead MoreOf The Pernicious Effects By Mary Shelley1290 Words   |  6 PagesThe novel â€Å"Frankenstein† by Mary Shelley, and the article â€Å"Of the Pernicious Effects† by Mary Wollstonecraft, both have relations when regarding the importance of feminism during their time periods. Throughout Shelley’s novel feminism is addressed because she uses female characters to further her plot and display her viewpoints. If Wollstonecraft evaluated the female characters in Shelley’s novel, she would realize that Elizabeth, Justine, and Safie all show an importance to the flow of the novelRead MoreFrankenstein- Acquirement of Knowledge Essay1475 Words   |  6 Pagesthan his nature will allow.† To what extent does Shelley’s Frankenstein support Victor Frankenstein’s view? Mary Shelley’s Frankenstein explores the concepts of knowledge and science and the dangers involved with the pursuit and investigation of these ideas. The novel conveys Shelley’s attitudes towards science by portraying it as having the capability to exceed the bounds of human restraint. Through the development of her protagonist Victor Frankenstein, the romantic and gothic aspects of her novelRead MoreEssay on The Nature of Humanity in Mary Shelleys Frankenstein1358 Words   |  6 PagesThe Nature of Humanity in Mary Shelley’s Frankenstein Mary Shelley’s Frankenstein examines the very nature of humanity through the juxtaposition of two characters, Victor Frankenstein and the creature. The curious creature has an innocent desire to learn whereas Victor Frankenstein pursues his blasphemed ambition. The creature has a sincere desire to belong in the human world but he is incapable of properly presenting himself whereas Victor Frankenstein isolates himself from humanity to hide his

Frederick Douglass s Narrative Of The Life Of Frederick...

In the early 19th century, slavery was legal and popular in the southern states, among these slaves, one slave in particular impacted the 19th century was Frederick Douglass. Although he was a slave for most of his life, Douglass eventually became a freeman, a social reform, writer, and an abolitionist for slavery. However, before he became a freeman, Douglass experienced a brutal life as a slave. He faced dehumanization in his early life, but accomplished what most slaves we not allowed to do; which is getting educated, by self-educating himself and retaliating against the idea of slavery. Furthermore, since he self-educated himself, he was able to published the narrative, Narrative of the Life of Frederick Douglas; which, Douglass shows the audience how methods such as, physical abuse, psychological abuse, and lack of education were used to dehumanize slaves. He describes how he resisted these methods and realized that whites who participated in slavery themselves were being dehu manized. One of the most known and infamous way of dehumanizing slaves, was by abusing them. The most common abuse was whipping them; however, there were others ways of punishing them, such as, the lack of food, water, clothing and making them work long hours from the sunrise to sun down. Some slaveholders would only whip their slave if they disobeyed them, though others did it to make them live in fear and most for the satisfaction of it or to make fun of the slaves. This dehumanized slavesShow MoreRelatedMasculinity: Slavery in the United States and Douglass Pg1239 Words   |  5 Pagesclash between the white s and the culture of the Igbo people. The novel is about a man named Okonkwo, and his growth for respect, fortune and power which in the end leads to his expected death. His great power did not come to an end because of colonization, but rather his downfall was his obsession with masculinity. The narrative of Frederick Douglass also defines masculinity. The narrative of Fred erick Douglass took place in America. During slavery, Frederick Douglass was limited to plantationRead MoreJacobs Douglass: An Insight Into The Experience of The American Slave1019 Words   |  5 PagesThe slave narratives of the ante-bellum time period have come across numerous types of themes. Much of the work concentrates on the underlining ideas beneath the stories. In the narratives, fugitives and ex-slaves appealed to the humanity they shared with their readers during these times, men being lynched and marked all over and women being the subject of grueling rapes. The slave narrative of Frederick Douglas and Harriet Jacobs: Incidents in the Life of a Slave Girl themes come from the existenceRead MoreAnalysis Of A Slave Narrative By Frederick Douglass1646 Words   |  7 PagesWithin a slave narrative, the identity of the writer greatly affects the perspective of the story and the message that the author wishes to convey. For a narrative of this nature, to send its meaning directly and efficiently it must be able to illustrate the individual struggle of the writer as well as create a clear line between what it means to be a slave and what it means to be free. These identities of the author not only conflict with the image of self but also help to illuminate the strugglesRead MoreDouglas vs Stowe1650 Words   |  7 Pageswith a complicated social quandary that incorporated individual, societal, political, economic, and religious principles. Its authorship includes Frederick Douglass and Harriet Beecher Stowe who dually challenges the legitimacy of slavery in their literature. While both Harriet Beecher Stowe’s â€Å"Uncle Tom’s Cabin,† and Frederick Douglas’s â€Å"Narrative of the Life of an American Slave,† offer impelling accounts, regarding the historical slavery era throughout the 1800s, the two authors write from distinctiveRead MoreLife Of Frederick Douglas And Benito Cerano Essay1576 Words   |  7 Pagesunconcerned with the color of men s skins, emancipation will be a proclamation but not a fact† (Lyndon B. Johnson). Frederick Douglas and Herman Melville lived in the same time for almost the same length of time. Herman Melville lived from August, 1819 – September 2 8, 1891, while Frederick Douglass lived from February, 1818 – February 20, 1895. Yet these two narratives couldn’t have been more different. While taking a look at the Narrative of the Life of Frederick Douglas and Benito Cerano we can seeRead MoreBeing A Slave Worthy Of Manhood1149 Words   |  5 PagesIn the narrative The Life of Frederick Douglass, it is clear that Douglas had a very strong option about the differences between men. He did not seem to have the common out look in the differences between free men and slave, but rather something deeper. He believed that a slave with out hope or drive for a better life was not a true man, but that a true man was someone who was able to respect himself and become someone worthy of respect from others. Throughout, the story of Fredrick Douglass thereRead MoreThe Jungle By Upton Sinclair937 Words   |  4 PagesThe Jungle, by Upton Sinclair and Narrative of the life of Frederick Douglass, an American Slave, by Frederick D ouglass both bring forth personal or fictional events that capture the interest of the the reader. The use of pathos in their writing along with true events questions the ethics, morality, and human rights of each individual at the time setting for the publication. In the book, The Jungle, Upton Sinclair advocates for the overall elimination of oppression and exploitation of workers andRead MoreThe Narrative Of The Life Of Frederick Douglass And Assata1165 Words   |  5 PagesConfinement Narratives In the books, The Narrative of the Life of Frederick Douglass and Assata: An Autobiography the authors talked their experience of confinement while being in slavery and prison. The perspective Fredrick Douglas brought upon his experience of slavery affected the tone throughout the book. As for Assata her viewpoint of confinement was from her experience as a prisoner in the hospital and prison. Confinement is the act of isolating someone from human contact and society or aRead MoreThe Great Challenge For Marginalized Writers Essay1681 Words   |  7 Pagesdiscuss  the narrative strategies these writers use to challenge the status quo.   For example, how do they address their audience and get readers from dominant culture on their side? What stories do they tell about themselves or the experiences of those in their marginalized group, and how and why are these stories effective in challenging dominant culture?    The greatest challenge for marginalized writers is to evoke sympathy and support from white readers in their narratives. Writers hadRead MoreNarrative Of The Life Of Frederick Douglass, An American Slave1552 Words   |  7 Pages04/23/2015 Narrative of the Life of Frederick Douglass, an American Slave, Written by Himself Theme: False versus True Christianity In this theme, Fredrick Douglass contrasts the both forms of Christianity to show the underlying hypocrisy in slavery. The results show that slavery is not religious as it exposes the evils in human bondage. These ideals however can be distorted so as to fit in the society. Two forms of Christianity are presented in â€Å"The Narrative of the Life of Fredrick Douglass and each

The Butterfly Revolution Essay Research Paper After free essay sample

The Butterfly Revolution Essay, Research Paper After reading the book, ? The Butterfly Revolution, ? I have concluded that the narrative was great. I give the book two thumbs up. I give the book two thumbs up because it is a smooth and easy reading. The book besides has a good flow of events, the book is written in a first-hand history signifier, the books reading degree is that of its suspected readers, ( immature grownups ) , and has great, descriptive authorship. The books good flow of events allows the reader excessively easy understand the books. The events go from one to the following with out any confounding gibberish between them. The book? s events are marked by dated subdivisions, doing for easy mention for a individual composing a study on the book. Besides, the flow of events allow for easy reading, since the reader doesn? Ts have to duplicate back three or four times to understand what he has merely read. We will write a custom essay sample on The Butterfly Revolution Essay Research Paper After or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The 2nd ground that the book receives two pollex up is the fact that it is written in first manus signifier. The book is written in the signifier of a diary. This means that the book has opinions alternatively of merely fact after fact. This signifier allows the book to be more apprehensible since the sentiments give elucidation to certain events or facts, from the book. An illustration of this is when the chief character, Winston Weyn, gives his sentiments on the Supreme Revolutionary Committee. His ideas on the commission clear up what the commission is truly approximately, ( power and control ) . The following ground the book gets two pollex up is the fact that the reading degree is good for the immature grownup age group. The autho R uses words that the immature grownup age group understands. This allows for good, fluxing reading. The phrases the writer utilizations are normally used among the immature grownup age group. The overall authorship keeps the immature grownup age group interested. The concluding ground the book gets two pollex up is the chip, descriptive authorship of the book. The writer gave every character names, and adequately depict them, go forthing a image in the readers mind. An illustration of the descriptive authorship is given through a transition from the book. The transition is an statement between the members of the Supreme Revolutionary Committee. ? Paul shook his caput. ? Your speaking about robbery. ? Frank shooting Paul a awful expression. ? Robbery, Hell, ? said Jerome Blackridge. ? That money belongs to all of us. Why should we hunger because an old lady like that thinks she? s still running things up here? ? ? Shut up Jerry. ? said Frank. ? I still say it? s wrong. ? said Paul, and I was holding with him. ? Okay! ? Frank hissed at us. ? It? s robbery! But I? m in charge. Does anybody doubt that? ? The writer gives action, emotion, and description to the characters to do the book more apprehensible and gratifying. The book, ? The Butterfly Revolution, ? gets two pollex up because it is a smooth easy reading. The book besides has a good flow of events, the book is written in a first-hand history signifier, the books reading degree is that of its suspected readers, ( immature grownups ) , and has great, descriptive authorship. The Butterfly Revolution