...that there were actually more cons than pros. * * As mentioned in the report LIBOR has been the catalyst for fraud and unfair play in the past years. This being said I cannot see this reform in LIBOR go the right way for either party. The FED might have already lost the trust of many people around the world with the scandals of late that have taken place. Many people were hurt when they took out loans and LIBOR was artificially high. However, when LIBOR was artificially low people paid less than they should have. This is a small example on the controversy of whether or not LIBOR should be reformed or completely thrown out the window. * * LIBOR is a very important index, which serves as a benchmark for derivatives. Being the most widely used interested rate in the world, it is not easy to just throw it out the window, as many people who were on the brunt of the scandal would wish. * * I believe that LIBOR is not as risk-free as we think it is. I believe that the scandals that were taken place proved that. Many people lost their savings and not only were the savings lost, but the banks that were the cause of the scandal were stealing it. This, I believe speaks for itself to answer the question if LIBOR is as risk-free as we think it is. I believe we were led to believe that is was a fixed fair rate, however we have seen that it can be manipulated and artificially fixed in ways in which we can lose our money. This is a big reason why I believe...
Words: 351 - Pages: 2
...that the landowner has agreed to provide the team but the sharecropper has to feed the team Saturday nights, and every other day morning night a day and if he fails to provide the meal he will then owe the landowner 5 cents, which was a lot of money at the time especially for a poor sharecropper. He also has to pay for his half of the manure which the landowner designates as enough of the crops. This system is so beneficial to the landowner but only allows the sharecropper enough to thrive to live. I don’t believe this system was good for both the sharecropper and the landowner. I believe as earlier stated it was one sided to the landowner. The sharecropper had a lot of responsibility while all the landowner did was provided the land and horses for the sharecropper and then reaped all the benefit finically. He got a low cost of labor and once the debit piled up from the landowners harsh expectations basically free labor out of this. This landowner even went as far to make the sharecropper “sow and haul” his oats but of course the sharecropper was not allowed to take part in any of them. Also if the sharecropper does not meet up to the landowner’s taxing and impossible guidelines, he will be charged for certain penalties like 5 cents a meal if not being able to provide for his team, or even the possibility of losing all but 2/5ths of his share of his...
Words: 385 - Pages: 2
...FACT: It’s almost healthy to eat glue Posted by Ryan Pilling on Mar 2, 2011 in Interesting Facts | 1 comment In the exciting world of adhesives, glue is the organic side of things. Technically, for something to be a true “glue” it will get its sticky quality from an animal or vegetable ingredient. The classic example is sending an old horse to the great glue factory in the sky. In fact horse hooves, along with bone, hide, and connective tissues, provide collagen as the main ingredient for glue. (in all mammals, including you dear reader, over 25% of the protein content is collagen) The process of turning pony toes into glue is, to boil it down, essentially… boiling it down. The collagen leaks out in a jelly-like form, is collected, and ground into powder. When you’re ready to make antique furniture, you mix it with a bit of water, heat it up, and you’re ready to brush it on your joins. Collagen glue like that has been used for at least 8000 years, and has only been replaced by chemical adhesives for common use in the past century. Vegetable glue, commonly called paste, is an even simpler recipe: starch and water. The starch most commonly used is corn starch, but white flour works as well. When sticking things together, the best adhesive is one that shares chemical properties of the items you want to make stick. That’s why paste works so well with paper. The starch, which is a carbohydrate, is similar to the carbohydrate cellulose that forms the paper...
Words: 297 - Pages: 2
...Description: Summer Horse Riding Camp will be provides ten week summer program and is offered to all levels of riders. It is suitable for kids from the age of seven to fifteen. In the horse stable, I plan to take in 15-20 lesson horses. Summer Horse Riding Camp will be located at Terelj which is 37 km from Ulan Bator and is one of the most beautiful places in Mongolia. Campers participate in daily riding lessons, learning the basic principles of riding or advancing their present skills. Incorporated in the learning is fun time with trail rides and games on horse back. The students not only ride horses but learn how to care for them as well including learning how to catch and lead their horse or pony and becoming responsible for the care and grooming of their horse. Students learn the different tack used to saddle up and ride, study the anatomy of the horse, and identify different breeds and colors of horses. They will enjoy the outdoors and experience nature as they ride through the forest on our 106 acres of beautiful wooded trails. Transport: We will hire bus and pick up from Ulaanbaatar. Accommodation: Cabins will be located along the ridge overlooking in beautiful scenery. There will be separate boys and girls. All cabins would have double and mattresses. Supervision: I plan to employ one supervisor for every six children booked in to camp; the supervisors sleep in the cabins with the children so there is 24 hours supervision. Advertise: I plan to advertise Horse Riding Camp...
Words: 295 - Pages: 2
...Now imagine a person being completely disconnected from all of civilization and escaping through the wild? It’s not going to happen; life now is all about social networking. In Edward Abbey’s book, Desert Solitaire, the chapter “The Moon Eyed Horse”, is not merely about Abbey’s encounter with a horse but Abbeys desire to escape society for good. As the chapter begins Abbey is helping his friend Roy roundup cattle in the desert. When they stop to get their horses some water Abbey notices foot prints of an unshod horse, “a wild horse” (Abbey 171). Abbey comes to find out that the horse was Roy’s “Old Moon-Eye is what you might call an independent horse. He don’t belong to anybody. But he ain’t wild. He’s a gelding and he’s got Roy Scobie’s brand on his hide” (Abbey 172). The horse left the ranch ten years ago and never returned back after he received a beating from Viviano for throwing a woman off his back. They called this horse Old Moon-Eyed because of moonblindness: an inflamed condition in one of his eyes. Abbey decides that he wants this horse and questions how the horse could be alone because he is “a herd animal, like the cow, like the human. It’s not natural for a horse to live alone” (Abbey 174). Abbey goes back to find the horse a month...
Words: 1727 - Pages: 7
...II Western Comparative Riding I must admit that I did not know what to expect out of this class at the beginning of the semester let alone out of the pole riding exercise. The day of the first ride with poles, was not pretty. Fortunately, however, we knew what to expect out of the second ride. By the end of the semester, I thought that the third ride was much better. During the first pole exercise, we had not worked with our horses nor had we learned about having body control. My partner was Lauren, and I do not believe that we ever went faster than an extended trot without dropping the pole. We did not know how to slow our horses down easily or how to speed them up. We began at a walk but had the problem with our horses drifting apart. As we progressed through the semester, we learned that we could create a bend and push the shoulders out resulting in the horse moving in the opposite direction of the bend. When Lauren and I were riding together for the first time, however, we did not know how to do this so consequently we could not keep our horses together. As we were walking around, Bubbly began to drift to the right. Knowing what I do now, I could have tipped Lacy’s nose to the left and pushed her body to the right with my left leg; following Bubby’s movement to the right. As we progressed to the trot, our problems only became worse. We could only hold the pole for a few strides. Now, not only did we drift apart more quickly, Lacy became very aggressive towards Bubby. ...
Words: 826 - Pages: 4
...English 101 October 1, 2012 The Woods The tops of the trees were visible from my childhood home, yet they seemed so far away. A trio of neighborhood pre-teen boys, including me, would frequently make the trek to the woods to quench our thirst for adventure. No matter our agenda for the day, the woods would always accommodate. We would start our journey by walking across a perpetually soggy horse pasture, dodging land mines left by the horses. The smells of fresh cut hay and horse manure followed in our wake. Our first stop in the woods was always the stream that ran the entire length. With a running start, a young boy could almost jump the width of the stream, landing a few feet short on the opposite bank. We would descend the bank and hop from rock to rock, trying to keep our tennis shoes dry. When that failed, we trod down the center of the stream, lifting up flat rocks to uncover unsuspecting crayfish. We did not know that people actually ate these peculiar looking creatures. In the winter, we would compete to see who could stand on the ice of the frozen stream the longest. The stream would always win, as the ice gave way with a resounding crack. We walked home with heavy feet, dragging rock-hard pant legs frozen up to the knees. Older kids rode their motorcycles in the woods and adjacent field, as the high-pitched engine whine and smells of two cycle oil mixed with gasoline filled the air. Eventually, my neighborhood trio had motorcycles of our own, and our spinning...
Words: 432 - Pages: 2
...Bird 1. He eats like a bird． 2．A bird in the hand is worth two in the bush． 3．We’re all early birds in my family because we live on a farm. 4. Birds of a feather flock together． 5．That’s for the birds! 6．It’s an ill bird that fouls own nest． 7. A little bird told me． Horse 马 8. He eats like a horse． 10．It’s time to study now and stop horsing around． 11．I got it straight from the horse s mouth． 12. Just hold your horses！ 13. She works like a horse all day long． 14．That’s a horse of a different color! 15．You can take a horse to the water，but you can't make him drink！ Monkey 16．Don't get your monkey up for nothing． 17. You shouldn't monkey about with that machine, if you don't know how to fix it． 18．What kind of monkey business has been going on while I've been away？ Chicken 19．Come on! Don’t be chicken! 20．Well，she’s certainly no spring chicken． 21．Don't count your chickens before they're hatched! Owl 22. He is as blind as an owl． 23. He’s a wise old owl． Bear 24．Every time l see my grandfather，he gives me a big bear hug． 25．Her husband is a real bear． Bee 26．She’s always as busy as a bee． Snail 27．He walks at a snail's pace． Worm 28．He wormed his way through the narrow passage． 29．Every time l take the kids to the movies，they always worm around in their seats． 30．l am a worm today． 31．A worm will turn． Ants 32．You’d think he has ants in his pants． ...
Words: 563 - Pages: 3
...bedding, and hay meet my temporal needs. The three horses that make the mess are my champions that have saved me time and again. As a child I would hide from my mother to avoid the chores that I thought were an unfair trade off to do something that I have always loved, which is ride horses. We all have sanctuaries, places of joy, where the sights, sounds, smells, and in this case, the sentinel beings dwelling within are what keep our feet on solid ground, mine is the barn. Already my mind is making a list of chores to do in the barn as the gravel crunches beneath the tires, and my truck neatly pulls into the garage. As I clamber down the running board, tension eases from my body, I am home. Immediately filled are the colored plastic buckets with the scoops of pellets that my pasture pets love. Amazingly, the trio hears the feeding preparation from almost an acre away and a cacophony of sounds ensues, including nickers, neighs, and hooves running back and forth. Any other person would surely find this racket annoying, but to these ears, it is a joyful noise after a long hard day. My hand reaches out and turns the brass knob; opening the door with my buckets and handy stick in hand. There is short pause on the porch, breathing in the sweet fruity smell of pellets and hay. I grin at the hopeful and impatient glances awaiting me, communicating clearly, “we are happy to see you, but can’t you see we are starving here?” Each horse has its own distinct personality, from the...
Words: 676 - Pages: 3
...the saddle, as it make the horse and the rider one. Throughout its life the stirrup has proved to be a useful and important feature and tool in regards to communication, transportation, and warfare, as well as a riders increased ability to ride and control a horse. Even though horses were greatly used in Neolithic and Feudalistic China, riding a horse was rather difficult since there were still no stirrup. And although during the Warring States Period (475-221BC), the use of cavalries were widely used and accepted as an important strategically tactic of warfare, there were issues with the abilities of the horsemen to stay on the horse and maneuver his weapons, not to mention the armor warriors wore and how heavy that was. From its beginning the stirrup has steadily and completely changed the way we use and ride our horses. With the invention of the saddle and the stirrup the opportunity and the ability to use other weapons and more armor was discovered. Warriors would armor their horses and themselves then use long heavy lances to unhorse their opponents. The use of the saddle and the stirrups help a rider balance his weight as well as the extra weight of his weapons. As to the origination of the stirrup, it is to date unclear where it was invented or who invented it, however there is a theory it originated in Northern China. Some such variations appeared in Northern India, but proved to be lacking as these variations were incompatible with the horse. The running theory is that...
Words: 680 - Pages: 3
...different and original. Each slide has its own mini story to tell, but all of the slides together still make an overall addition to the book. One slide, titled “Mom Spots the Toy Horse,” shows Ally’s desire to please her parents. Egan manipulates PowerPoint through the positioning of text boxes, shading, and text to illustrate Ally’s devotion. Egan uses PowerPoint through the positioning of text boxes to show Ally’s desire to please. The structure of this slide is that it goes from title, to everything in the widest text box, to everything in the middle text box, to everything in the smallest text box. This creates a dynamic similar to that which one experiences when they visualize focusing. The titles of the text boxes help give a quick summary, and a general idea, of the flow of this slide. The title of the largest text box is, “I keep it on my windowsill. It’s made of apricot shells.” This text box is all about the thing itself, giving the reader all of the background knowledge necessary to understand what this toy horse is. The middle text box’s title is, “After Dad and Mom found each other again, she packed up her life in New York and met him overseas.” This text box tells the story of her parents in the past, giving the reader some more information. The smallest text box is titled, “I still play with the horse sometimes, alone in my room.” This text box shows the reader the present, and is the most focused box. As one can tell from the titles, the boxes become more and more focused...
Words: 736 - Pages: 3
...not kill one to save other five patients. In other words, I am a deontologist because deontologist said don’t kill or murder. 2. Yes I will try to save that person because he/she is innocent. I believe killing innocent is wrong therefore, I am deontologist in this kind of situation. 3. I think I will divert the trolley down the other track so it will miss the five workmen, but it will kill a single man. So I really don’t know if I am deontologist or teleological in this kind of situation. 4. I wish I can save both in this kind of situation but I think I will save a single man. As a human this is my duty so save another human. So I am teleological. 5. I will not nudge the man on the horse. Why would I sacrifices one to save another? Everyone is equal so I will not kill the man on horse to save another five. I am deontologist in this kind of situation. 6. I think I will sacrifice one of my friend to save rest of the group because if I not sacrifice one then they will kill all of us so I am teleological in this situation. 8. I will lie to them to save those Jewish people, even though lying is wrong. Lying for something good is not really lying. I am deontologist in this situation. 9. I will not destroy a square mile of wild forest. The tourist can go and live somewhere else for some days. I will not destroy the forest just for the tourist season. I am deontologist in this...
Words: 315 - Pages: 2
...people who are wish to get away from the crowds, and have another way to enjoy their leisure time in a rural environment. Eden is mainly engaged in three projects, which are camping, horse ridding and farm tour. * Camping Eden Farmstay is located in Mountain Greentop of Queensland where a good place has wonderful views. In the farm, there are 99 camping spots provided, people are free to choose, where they what to camp. To maximize tourists’ experience, and avoiding the fuss, every camp zone has a public kitchen stocked with different tablewares, cookers and a big fridge to keep the food fresh. The target market for this project could be the Full Nest II family (normally consisted of the working parents and school aged children). This group of people might have the desire to escape from the stressful working environment and spending more time with their children. Thus, go to the camping with the family, have a relaxing weekend in the rural could be a great attraction for Full Nest II families. * Horsing ridding The horse ridding is another main project of Eden. There has big horse court in the farm, and the bridleways are designed to goes around the farm. Tourists are able to enjoy the beautiful rural scenery on horse. Besides that, Eden horse court also offers different types of horses for tourists’ different speed requirement. In this project, the target market could be the adults who are looking for excitement and new experiences. The motivation of them could be seek...
Words: 405 - Pages: 2
...Animation" The start of modern animation didn't begin with a series of drawings but with a series of photos. The idea came along when a man named Eadweard Muybridge was put with the task of determining if during a hoses gallop that all four hooves are off the ground at the same time. He went about it at first by measuring hoof print distances and the such but could not find any conclusive data from this. Now Muybridge had a history of book dealing, illustration, and finally taking up photography. Its during this time that he had picked up photography and decided to use that to determine if the horse leaves the ground fully at any time during a gallop. Muybridge sets up a series of cameras along the horses path; which are set to trigger in sequence as the horse runs by. The mechanism that was used for this to occur is called a Phenakistoscop. After successfully taking the pictures of the horse in motion he continued to take picture of other animals and the such. He eventually published the book "Animal Locomotion" containing these images. His work was great help not only artistically but scientifically to the world. Now although animation is possible to produce what good would it be without someone to watch and who better than a human. Mainly because of how we see and perceive motion. An example would be a slow moving hand we can see crisp and clear and tell that its moving and where it is at all times. Now let us say that hand is moving really fast now as if someone is throwing...
Words: 380 - Pages: 2
...The Life of a Princess Once upon a time, there lived a beautiful princess and a gallant prince. As brother and sister, they roamed the kingdom and the land beyond on horseback. “Giddy up!” The princess commanded her deep black shire as she and her brother raced up mountains, winded through trees, and trotted across rivers. Before long, the princess and the prince arrived at the castle and immediately inhaled the aroma of fanciful feast. With that, the make-believe kingdom melted away as Lila and Oliver’s stomachs brought them back to reality. Miraculously, Lila and Oliver’s imaginations were intertwined in way that they played well with each other. They were the best of friends, and the worlds they created together felt vivid and realistic. Lila and Oliver grew closest after Pa left for business across the country. Growing up, Lila’s Pa was often home, and she spent her days learning everything she could from him. Lila taught everything she learned from Pa to little Oliver, but Lila did not initially realize how difficult life was with Pa being gone so much. Lila longed for his sweet teasing, his knowledge about the world, and his audacious adventures. Since Pa was absent most days, Lila’s list of chores seemed never-ending and each task more difficult than the last. Living on a farm meant hard work, and Pa was usually there to help Lila with all her chores. However, with Pa clear across the United States, Lila could not seem to complete her chores, and she became...
Words: 2031 - Pages: 9
