...Why Americans Should Not Use Credit Cards My thesis will be covering why I think that American’s should not use credit cards and the consequences that come along with being in such an industry. It will be covering the regulation’s benefits many companies have and the don’ts on having them and what will come along with accepting them. I will talk about hidden fees along with annual fees and all the fine print that everyone seems to not read. I will also touch basis on the way how one can stay out of debt in the paying process even though everyone wants a credit card some should not have one due to mismanaging of their incoming funds period. Writing on how my views on the credit card industry and why it is targeting the venerable and the young college students and people they know need credit and give it to them at a APR that is out of this world keeping them bound and in debt to them. My views on the credit card industry are that if they know that a person has more outgo then income then they should not extend the credit. Some people are so desperate and they know it that they will give them the credit but it will cost them just as much for the credit than the credit itself. My view from my stand point of view because I been there is that as long as you pay on time regardless if it’s the minimum they will keep extending credit to you so you can stay in debt to them and by the time you have paid one thing off you could have bought three of the same thing. In my thesis...
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...My thesis will be covering why I think that American’s should not use credit cards and the consequences that come along with being in such an industry. It will be covering the regulation’s benefits many companies have and the don’ts on having them and what will come along with accepting them. I will talk about hidden fees along with annual fees and all the fine print that everyone seems to not read. I will also touch basis on how one can stay out of debt in the paying process even though everyone wants a credit card some should not have one due to mismanaging of their incoming funds period. Writing on how my views on the credit card industry and why it is targeting the venerable and the young college students and people they know need credit and give it to them at a APR that is out of this world keeping them bound and in debt to them. My views on the credit card industry is that if they know that a person has more outgo then income then they should not extend the credit. Some people are so desperate and they know it that they will give them the credit but it will cost them just as much for the credit than the credit itself. My view from my stand point of view because I been there is that as long as you pay on time regardless if it’s the minimum they will keep extending credit to you so you can stay in debt to them and by the time you have paid one thing off you could have bought three of the same thing. In my thesis I want you expect that the information that I...
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...Lora Smith COM/156 ASSIGNMENT-Thesis statement Using a credit card leads most Americans into debt. My thesis will be covering why I think that American’s should not use credit cards and the consequences that come along with being in such an industry. It will be covering the regulation’s benefits many companies have and the don’ts on having them and what will come along with accepting them. I will talk about hidden fees along with annual fees and all the fine print that everyone seems to not read. I will also touch basis on how one can stay out of debt in the paying process even though everyone wants a credit card some should not have one due to mismanaging of their incoming funds period. Writing on how my views on the credit card industry and why it is targeting the venerable and the young college students and people they know need credit and give it to them at a APR that is out of this world keeping them bound and in debt to them. My views on the credit card industry is that if they know that a person has more outgo then income then they should not extend the credit. Some people are so desperate and they know it that they will give them the credit but it will cost them just as much for the credit than the credit itself. My view from my stand point of view because I been there is that as long as you pay on time regardless if it’s the minimum they will keep extending credit to you so you can stay in debt to them and by the time you have paid one thing...
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...instead of just buying on credit. “If you don’t have any money, you should not buy anything. Hmm…Sounds interesting.” The wife sarcastically remarks. “Sounds confusing!” The husband replies. As funny as it was, it still made a great point. American’s have a problem with buying things on credit but not having the money for it. My financial literacy class always taught me to have an achievable goal and save your money. Ever sense I was a little child, I have been taught to save, save, save, and plan for any expenses I may need. My parents also taught me the difference between a need and a want. They taught me to only buy things on credit if it is a necessity like a car, college, house, etc. I try to always keep their advice in the back of my head, but I’ve noticed a different path that buying on credit provides. Buying on credit is a type of borrowing but you may suffer a grave price if you cannot pay back your bill in full each month. The nation previous to 1929 became caught up buying luxury items on credit and borrowing money to invest in the stock market. It seemed harmless enough, the idea was that one could repay the loan when they sold their stocks and because of so much buying, people were making a lot of money. Stores were selling plenty of goods which in turn made the stocks rise. But at some point, all good must come to an end. People could no longer buy things because they had spent all of their money trying to pay off their enormous credit. Inflammation started which...
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...Carter Dr. Monjica-Howell MGT 5064: Cost and Economic Analysis 23 April 2013 Abstract In 2010, there were approximately 50 million uninsured Americans. In March 2010, President Obama signed into law a piece of legislation that reformed American’s healthcare industry. The legislation is coined as “Obamacare.” Supporters argue Obamacare provides coverage for our nation’s uninsured while boosting economy. Opponents argue Obamacare will increase healthcare costs and in turn, add to the deficit. The research supports the belief that improving the health status of the American citizens does result in economic expenditures for the United States. There is a relationship between affordable healthcare and the economy. The impact Obamacare has on the economy can be viewed through a simple math equation, a return on investment analysis. The return on investment analysis revealed a positive return on investment. The results suggest American has invested wisely. Investing in the healthcare of the American citizens will improve productivity, is cost effective, and reduces healthcare care costs. The Impact of Obamacare on the Economy In 2010, there were approximately 50 million uninsured Americans. This means that 16.9% of American’s population is uninsured. The numbers are overwhelming and reveal healthcare in American is not affordable. Many argue that the cost of healthcare has doubled in recent years (Department of Health and Human Services, 2011). Most Americans receive...
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... COM 156 Week 1 DQs Review the information provided on pp. 51–53. Explain the initial steps of writing an essay. Identify how your audience, purpose, and content will influence your approach. Explain the time management strategies you will use when writing a successful academic paper. What techniques discussed in your US/101 course may help you manage your time when writing a paper? The ultimate success or failure of a paper may often be traced back to the planning stages. What might you do to provide yourself with the best opportunity to succeed when writing your college papers? COM 156 Week 1 Assignment Challenges of a Paper When sitting down to write a paper I must face up to a number of challenges. Beating distracting is extremely hard for me because I have two small children. When I’m handed an assignment, it can be difficult for me to find a period of time where I can sit down and work, uninterrupted, without my kids distracting me or requiring attention. Deciding what to write about is another challenge I regularly face. COM 156 Week 1 Video Transcript – Writing Process As an instructor, you could be forgiven for thinking that I wouldn’t wait until the very last second to create a lecture. Although I should know better, I still do this and so do most people. However, if you have a paper, lecture or plan to create you really shouldn’t wait until just before it’s due date to get started. You can make your own life easier by giving yourself plenty of time...
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...Most unnecessary purchases are bought with credit cards because they allow us to spend large amounts of money without actually having that money. You hear so many stories of people who max out multiple credit cards at a time and sadly they spend years struggling to pay them off to only begin the cycle once again. Most things we own have an almost nonexistent monetary value after only a few months of owning them. Things are updated so frequently that by the time you purchase your newest smartphone or notebook computer you are already six months behind in technology because it is a constant cycle of pushing out the best and the newest exclusive products to tempt consumers to update to those newer much more “improved” items. There is research that goes into the damaging effects caused by credit cards such is exemplified in Amy Novotney’s What’s behind American...
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...Evolution of Biometrics kody Saylor Computer security Keisha Nelson December 10, 2013 Biometrics is the use of individual’s physical or behavioral characteristics to uniquely identify them for authentication or identifications purposes. Types of biometrics include: fingerprints, hand geometry, retina and iris patterns, facial recognition, and signature, voice, and keystroke patterns. There has been an evolution between man and machine. Technology has grown in leaps and bounds and today, flesh and machine have been fused together as one. There have been many science fiction novels and movies of chip implantation representing quick identification to a mainframe. Biometric technology has taken the form of this fantasy and turned it into an immeasurable reality. There are potential benefits of an integrated biometrics-based identification system include but not limited to: * The cost of administration. * The reliability of identification. * Access to information held by organizations. * The accuracy and quality of research and statistics. * The level of technical security of communications. In America, there has been a huge debate over whether or not security is taking away our freedom. One instance of security verses freedom is about the recent legislation regarding driver’s licenses incorporating biometric technology. Biometrics is “the statistical study of biological phenomena” (American Heritage Dictionary) or more commonly known as “a technology...
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...E COMMERCE * Define e-commerce? What are the benefits of using e-commerce? The term ‘electronic commerce’ has evolved from electronic shopping, to imply all aspects of business and market processes enabled by the Internet and World Wide Web technologies. DEFINITION- Sharing business information, maintaining business relationships and conducting business transactions using computers connected to a telecommunication network is called E-Commerce. OR The exchange or buying and selling of commodities on a large scale involving transportation from place to place is known as commerce. When all this is done electronically, it is known as “e-commerce”. According to Philip Kotler: E-commerce can be defined as a general term for buying and selling process that is supported by electronic means. Electronic commerce, also known as e-business, a term for all kinds of business that are established electronically especially over the Internet. This includes both electronic sale (internet shops) and B2B transactions, i.e. business between two companies. It is any online transaction of buying and selling where business is done via Electronic Data Interchange (EDI). E-Commerce can be defined from different perspectives – 1. Communications perspective, 2. Business process perspective, 3. Service perspective and 4. Online perspective. E-commerce from communication perspective is the delivery of information, products or services, or payments via telephone lines, computer networks...
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...Internet Privacy Abstract As more and more people continue to use the Internet and disclose their personal information, privacy concerns are paramount. Marketing companies are fiercely competing for their share of the booming e-commerce industry estimated at 75 billion dollars in 2010. Government agencies after 9/11 are using personal communications such as e-mail and social networking sites to scrutinize and evaluate potential threats to the United States. Legislation including the Patriot Act has empowered a new generation of public officials with information gathering capabilities on demand. In some cases a court order is not needed to inspect all of a person’s electronic communications. Exploitation of highly sensitive personal information is a reality as companies routinely sell this information to third parties without an individual’s consent. Opting out is a disclaimer written into privacy statements on websites that are often buried in the fine print. Many Americans assume that privacy is included in the operating system they purchase. It is the collating of personal information from multiple data sources on the Internet that remains a key point of contention among those who view privacy as fundamental American right implicit in the Constitution. In this sense, privacy is deeply personal to the dignity and respect of our society. Yet, the relevance of security issues must seek a balance and address the notion of the possibility of abuse. One significant...
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...Economic Crisis: Credit Cards? Or Race Cards? The story of Economic Inequality Hung Nguyen University of Massachusetts Amherst Econ 104: Introduction to Macroeconomics Professor Robert Pollin: TA Carlos Marenta Since before the founding of our country, the American way of life has, and continues to be, hypocritical to the first lines of the Declaration of Independence. “That all men are created equal.” The lines that every American should hold dear to the heart, and many even lose their lives to uphold. America has seen many times of economic downturn, and economic prosperity. Though for African Americans; economics has been consistently been a downturn. The opportunity to play a role in, and to enjoy economic prosperity has always been an uphill battle for these groups. Racial inequality in America has always been inconsistent with equal opportunity in the job market. Which ultimately means that groups such as African Americans have always been deprived of their equal rights to fairly compete for jobs. Because the level of playing field is heavily shifted against minority groups and woman, there will always be high unemployment for these groups. What people tend to forget to realize is that this disparity in equal opportunity hurts the overall economy. When the nations employers deprive particular groups of economic opportunity, unemployment rises, and when unemployment rises, the poverty level will also rise. This is especially true for the case of African American...
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...Balanced Budget Todd Driscoll ECO 203 Principles of Macroeconomics Instructor: Jason Friedline October 23, 2012 Balanced Budget Economists generally agree that high budget deficits today will reduce the growth rate of the economy of the future. The difference between what a government spends and what it collects in taxes in a given period is known as a budget deficit. There are many reasons why this might happen. One might be that if our government keeps spending money that does not exist obviously the more debt will accumulate. The government cannot keep this up without creating more debt. It the same as budgeting you personal accounts. If you get a new credit card or loan to consolidate old debt and then re-use your old cards, it rather defeats the purpose of getting out of debt. Another reason might be that due to the enormous loss of jobs there are less taxes being paid to pay our nations bills or to re-invest back into the economy. There is no point to list these reason in number order there are so many. If the deficit is growing it affects the nation savings, in turn, reduces national income. This may become possible if interest rates go up or domestic investments fall. Economists agree these a few things on when it comes to a high deficit. Deficits over a short period do not really have much affect, because the United States can borrow to cover these gaps due to the dollar’s value as the leading currency. If the deficit is sustained over a long period...
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...American Airlines Strategic Report for American Airlines Jed Cullen Kevin Yamazaki Deirdre Chew April 7, 2010 April 7, 2010 Page 1 American Airlines Table of Contents Executive Summary ............................................................................................ 3 Company History................................................................................................. 4 Financial Analysis ............................................................................................... 8 Current Financial Position.................................................................................. 8 Industry Comparable Analysis ......................................................................... 12 Stock Performance .......................................................................................... 14 Management and Analyst Outlook................................................................... 15 Competitive Analysis ........................................................................................ 16 Internal Rivalry ................................................................................................. 17 Supplier Power ................................................................................................ 18 Buyer Power .................................................................................................... 19 Entry and Exit ..............
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...Club IT Final Project Final Project: Club IT, Part 3 Tim Deddeh XBIS/219 John Brooks Final Project: Club IT, Part 3 After an extensive amount of research, I have developed an assessment for Ruben and Lisa on their Club IT. They are looking to see improvement capabilities with an option to someday soon expand to a second nightclub. Being at this internship for a few months I was able to see firsthand what was working and what was lacking. My assessment includes a detailed technology plan of what they will need to reach their goals. The club belongs to Lisa Tejada and Ruben Keys. Recently completing the remodel of this facility, they have become very satisfied and have been trying to be the new niche in downtown nightlife one may need in order to relax, eat, and even have a little fun on the dance floor with their friends. This facility offers a square footage of 6,000 feet which is enough room to have fun with a positive energy, a variety of music being played every night. Live band perform every Friday and Saturday and every Monday through Thursday the DJ’s come in to show off their skills. Club IT’s objective is to provide a safe and relaxing environment in which individuals can gather and interact. The target population for our clientele will be individuals’ ages 21 to 30. There will be alcoholic beverages served, so 21 will be the cutoff age for legal reasons. Club IT caters to all ages, sexes, and any type of group that wants to have a great time with food, dancing...
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...News! 1. 6/6/2013 Doug Gross. * Barack Obama believes that there should be internet access in all schools. He wants to provide funds to around 99% of public schools for them to be able to have internet, even in libraries. He says that he wants all American students to be connected online in five years. Usually, adults don’t go for this type of thing they want children to not be so ‘connected’ to the internet. They want kids to not spend so much time on computers, but he almost wants just that to happen. People are becoming way too dependent on computers and the internet, which even libraries are eventually only going to be used just for that. Although Obama is more so moderate, this idea is clearly making him to be a liberal. He wants the change and wants to continue to further the change on technology. 2. 6/8/2013 Maureen Dowd * In this article, she quotes the book 1984. She is talking about how Bush felt about 9/11 and some of the after effects. It turns out that, for seven years the N.S.A was taking information from our phone calls. This all started while Bush was president through a program called prism. Prism would let the F.B.I. and N.S.A. into many social media websites and was able to access all of our information. These people were trying to spot out terrorists, and will go to any means necessary. According to Obama, they necessarily can’t hear the conversations; they are just able to learn about who we call. They also are saying that they don’t...
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