The Credit Crunch January 9, 2009
Posted by sjama in Uncategorized.Tags: banks in trouble, credit crunch, Credit Default, International banks and Association, mortgage firms, The Credit Crunch
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The Credit Crunch can been geting out of hands. (I’m glad the derivatives market is not on the syllabus in my course BA fashion) I have to admit that 18 months ago I did not even know what it was; I had little idea about terms such as credit crunch and ‘Credit Default
Outside of banks and the City, I’m sure most people had little idea either. Yet, despite being a mystery to the wider public, the Credit crunch had
According to the International banks and Association) ballooned to more than $45 trillion by mid-2007. If it is possible to put any meaningful perspective on this figure,
18 months ago, I would never have to deal with this or write about it. The credit crunch has certainly been a shock to me and the global financial system.
USA, UK and European banks are responsible. UK banks will argue that without the US banks, the mortgage industry wouldn’t have collapsed like it has. Mortgage repossessions in the UK, although increasing by 40% in last 12 months, are still a small % of the total mortgage market.
The American banks and mortgage firms who made a rash of bad loans to people with poor credit who can’t pay back, can find little to excuse their behaviour.
Surely consumers should take some responsibility for taking out mortgages they couldn’t pay back. However, whilst this is true to some extent, I think it is stupid to blame consumers too much. Mortgage companies should know better.
The big question is whether government will bail out more banks in trouble. And by doing this will created moral hazard. – By preventing banks going under, have the governments given approval for future bad decision making? And what about the people who every day lose their jobs is there bail outs for them.
live November 24, 2008
Posted by sjama in Uncategorized.Tags: live, love and hurt, money
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love like you never been hurt, work like you don’t need the money, dance like no one is watching.
Does Prison Work? August 15, 2008
Posted by sjama in Uncategorized.Tags: Add new tag, crime in england, does prison work, prison
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Our society is abscessed with crime, it confronts as in our homes and on the streets, at work and on holiday, at home or abroad. The problem with crime is one of the biggest issues facing our society to day. We spend a large amount of public money through the police and person services and in the criminal courts attempting to control or at least to contain the problem.
The number of people in prison has risen in recent years up 80%; the prison system could be full by summer according to the prison Reform trust.
In January 1993 when the population of the prison system began rising there were 41,561in jail in England and Wales, the current population is 77,004.
And it has also been suggested that in prison whish reached 77,774 in October 2005, has been mainly influence by the 7th July London bombings, and was the result of a harsher sentencing.
“Tony Blair, I think, took the views that labour had traditionally been seen as rather weak and washy about crime and repositioned the party”
This was the turning point for the prison system, by the time Labour government come to power the prison population increased to more then 60,000a increase of about 45%in five years.
And with the labour government, elected to be “tough on crime, tough on the causes of crime”
The prison population is expected to reach by 2010 a population of 90,000.
People in our prison system are from the most deprived communities, and most of them had no or little discipline or to much, most of them grow up in poverty, and insecure and have no believe in them self’s “At War with them selves, as well as society.” Most of are from broken homes and didn’t learn moral values from their parents.
The cost to keep a one person in prison is 40,992, and the Conservative estimate of the Annual cost of reoffending is 11 billion pounds. In 1992, 51 percent of those leaving prison refunded and were reconvicted. This shows that our prison system doesn’t work.
And it’s not preventing people from refunding more then half the crime in Briton is committed by people who have been through the criminal justice system.
At a time of failing crime rates, crime is still a major problem in our society and we should do any thing in our power to reduce it. But the solution should not be locking more people up. And if the prison population is high at a point were the government say’s crime rates are down in England and Wales, what is it going to be like when crime rate are up.
The prison system should do more then just house those inmates, as the number of those refunding is increasing for instance, we could pervade them same type of job training skills, and whish will improve the chance of them gaining employment. And help inmates become productive citizens when they are released. Alcohol and drugs are also connected to crime; The HMP Officers at Manchester estimated that 70 per cent of prisoners had a drug problem. And 80 per cent of these inmates did not get any treatment for their drug problem.
The prison system should also use other techniques such as consoling to help them beat alcolesim and drugs whish are related to crime.
I agree with the “crime and punishment extract” because I believe punishment alone will not prevent crime. Educating the parents to be more responsible and discipline their children at an early age would reduce crime. Most people who are likely to end up in our prison system are more likely to be uneducated and from poorer background. The collation between education and crime indicates to as that punishment is not the only solution to crime.
In today’s society, crime can occur at any time or place. A criminal can be any age or sex. But the most crimes are committed by people who come from impoverished environment, up on further inspection. The data indicate that many violent criminals are the product of living in poverty and a broken home. And outside the homes it’s argued that very little education currently takes place in our schools these people are then expected to play a roll in our society. With poor upbringing, poverty and bad education. As 52 per cent of male convicts and 71 per cent of female convicts have no qualifications are innumerate and 48 per cent illiterate. Before entering prison, these convicts were also unemployed and 32 per cent were homeless .this shows that these people have nothing or little to live in our society. And commit crimes for these reasons. And the growth of punishment and tough approach to crime has affected the most venerable people in our society. And putting more people in prison does not prevent crime or a secure society. It just makes the issue even worse and impacts on the most venerable and deprived communities in society.
Today’s Media August 15, 2008
Posted by sjama in Uncategorized.Tags: different types of publishing, In today’s society, journalist, journalist and photographers, publishing, Represent of realty, the media, Vietnam War
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In today’s society with so much different types of publishing available to people. Its still controlled by governments what the public actually see in news coverage of war. But no matter what we see in our news coverage of current wars, all that clean cut images with no dyeing people or suffering and pain. In realty war is still the same as in the past. It’s just that we don’t get to see that images any more. Governments are withholding access from battle areas, putting bans on photographers and journalist who publish any photographs or news coverage whish is not approved by the government press offices.
However there was a time when journalist and photographers had the freedom to publish from battle zones and actual footage from the battle field was used in news coverage; this was a time when war photography played a really important roll in the media representation of the war. Such as the media coverage of the Vietnam War were photographers and journalist reported from the battle filed, and viewers were able to see such images as Kim Phuc photograph.
Represent of realty depends on what is being presented as evidence. In this case the photograph of Kim Phuc this depends on the viewer to realise what is seen, and to see the photograph not an object within a frame but a real presentation of realty.
And when viewing the image the viewer is mediated by both a conscious and subconscious recognition of what he or she see, the photograph is seen as evidence and a visual, there for the image of the little girl in the photograph is interpretation of what the Vietnam War presents to viewer as reality
The Internet May 25, 2008
Posted by sjama in Uncategorized.Tags: American, internet, political communications, the internet
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In the 21st century, the internet has changed political communications and also has made the politicians more aware and cautious of the internet and issues discussed within it. After the invasion of Iraq by Western governments in 2003, Iraqbodycount.com has been one of the things that shamed the U.S government because it monitored the amount of people killed since the invasion. It monitored the deaths of civilians, “terrorists”, American and allied soldiers, diplomats and foreign workers (this included mercenary soldiers and oil workers). By February 2008, Iraqbodycount.com reported that the total deaths caused by the Western War reached more a million. Because of Iraqbodycount.com, the U.S. government has had to rethink about its role in Iraq and how it could pull itself out of the terrible and messy war. And indeed, as the Iraqbodycount.com counter approach near one million, Washington was preparing a new strategy that was supposed to pave way to a clean and swift pull out of Iraq.
Iraqbodycount.com is just one of the many examples that illustrate the online world is defined by the offline world. It also shows us the close connection between the internet and politics: politicians are aware and critical of the internet and the public are aware of the fact they can (or at least try to) influence political actions/decision.
The internet has made communications better, easy and more affordable and has made people more active in politics in ways that were not possible before its existence. The internet has converted the desktop into a printing press, broadcasting station and a place of assembly. This has changed the way we do politics.
The level of political engagement in many European countries has been falling for many years but the political engagement in the world is massive. If you browse YouTube’s politics section, you will see thousands of videos concerning current political issues. In addition to YouTube, there are many other websites like WordPress and BlogSpot which enable ordinary people to write about anything they like. In fact, blogging has been in the news many times since it became a popular way of attracting a large audience. The Chinese government employs “internet police” to monitor the contents of blogs, especially blogs that criticise the government. The Chinese has managed to imprison a number of bloggers this way.
pod March 5, 2008
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print on demand (pod) is a print technology developed by such web publishers such as lulu. which copies of a book or other document are not printed until after an order has been placed with the publisher.
I am using this technology to make a visual book, I started this by taking pictures off my friends. to try and tell visual story with out ant text.
ownership March 5, 2008
Posted by sjama in Uncategorized.Tags: ownership
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ownership of the internet is a complicated issue , I personally thought the internet was owned by every one who uses. yet in reality certain company’s have more influence over the world,wide,web then others
Single and Happy January 17, 2008
Posted by sjama in Uncategorized.Tags: life., relationship, single, Single and Happy
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What’s wrong with being single? Of course nothing! Except that sometimes seeing your friends all coupled up, all over each other or stranger – holding hands in the street can make you suffer sudden attack of “single panic”, feeling that you are alone in this world. Many single people see being single as just a waiting period between relationships, but there’s no better time to learn about yourself, explore opportunities and do all the things you were to busy to do with your partner, all you need is the right mindset. And when you are single live life on you own terms, meaning you can eve move to a new city or go on holiday for a relaxing weekend, with having to take someone else’s need into account unlike your attached friends,Single people have more freedom, and often see more of their friends and have more opportunities to do what they want, when they want you can also pursue interests you may have previously put on hold, because its hard to fit me-time when you have a partner, so single time is a period to take advantage of, maybe start a course or go on a self improvement course, between my full time course, part time job and full time relationship I never had time for my self “when I broke up with my girlfriend, I threw my self on my studies and career, I started going out with friends, now I am not only more relaxed and confident, but in the best shape of my life.
HYPERTEXT SYSTEMS January 17, 2008
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Hypertext systems
feature machinesupported
links-both
within and between
documents-that open
exciting new
possibilities for u!Gng
the computer as a
communication and
thinking tool.
most modern computer systems
share a foundation
which is built of directories
containing files. The files consist of text
which is composed of characters. The text
that is stored within this hierarchy is linear.
For much of our current way of doing
business, this linear organization is sufficicnt.
Howcvcr, for morcand moreapplications,
a linear organization is not
adequate. For example, the documentation
of a computer program* is usually
either squcczcd into the margins of the
program, in which case it is generally too
terse to be useful, or it is interleaved with
the text of the program, a practice which
breaks up the flow of both program and
documentation.
