The shutdown happened because our leaders failed to come to a compromise on how to spend our tax dollars. So instead of taking any means necessary to allow for the prosperity and well-being of their country, Republicans just sat on a pile of undistributed money and played the waiting game. Thankfully, Congress made a deal and got the economy back on its bumpy track. If Congress had failed to do so, however, the effects would have been catastrophic. The value of the dollar would be pennies, millions of people out of work, and the US missing a debt interest payment for the first time.
During his reign Phillip II faced problems domestically. Phillip II was sometimes described as an absolute monarch but he faced many constitutional restraints on his power, the rise in power of the bureaucracy during his reign would challenge his power and authority, in response to this Phillip II would put those who he would benefit from politically in power, one of the first he would put to power was Gonzalo Perez who would die and be replaced by Antonio Perez. These would serve a assets at the time, and although they relations with them would eventually go awry, he gained powerful control over the nobles of Castile which would also lead to his crave of wanting grater control over the beauracracy that challenged his power, he seems to handle this issue swiftly and correctly. Domestically he would also face challenges financially, this reduced income to the thrown. Phillip would face many difficulties trying to raise taxes, but Spain would gain large income from the New World, and Philip would try to invest more money into exploration and oversea expedition in an attempt to spend money in order to make money, this would be futile and nonetheless with these attempts Spain would eventually
There have been very rough climate conditions in the past several years including heat waves and dry conditions which do not create a good scenario for carbon-dioxide emissions, but something remarkable has happened. Carbon-dioxide emissions have been at their lowest levels in over twenty years (1). According to records from the U.S. Energy Information Agency, there was over an 8 million ton decline from the time in 2007 to 2012 (1). This is a huge decrease and it is most likely correlated to the country’s switch to natural gas which has over a 45 percent decrease in damaging emissions compared to dirtier energy sources (1). This cleaner switch has been crucial for the recent record low emission levels.
To begin with, it defeats the whole point of having democratically elected officials. They are mandated with the responsibility of making decisions on behalf of the citizens. Having referendums undermines this role making them powerless, almost useless. Another disadvantage of holding referendums is the extensive period of time it takes. Referendums cannot be used to make a decision of immediate necessity as it takes weeks and sometimes months to come up with a final decision.
This meant that he had to draft in Whig party members to fill the gaps, which then reduced the Tory presence in Cabinet. Then when Canning died Robison was unable to form a government as he lacked enough support from the Tory party. The result was that George IV then had to ask Wellington to form a government out of desperation. Wellington managed to get a government but lost support of the left wing of the Tory party over parliamentary reform. Huskisson and other ‘liberal’ Tories resigned and this really spelt the end of the Tory party.
The Effects of a Government Shutdown Government shutdowns have been around for what seems like a long time but really, quite hasn’t been. They can come in many different lengths and severities. In this paper I will be researching the causes, effects, and the processes uses to resolve a government shutdown. Causes of a government shutdown may vary slightly but every previous shutdown have been caused by a spending bill or funding issue (Matthews). However, for the most part main causes of shutdowns are quite balanced between a presidents refusing to sign a bill or vetoing a bill and congress failing to approve a budget to propose to the president to sign (Longley).
Due to the degradation of various economies throughout Latin America during the previous decade and the failed attempt to improve economic conditions with the implementation of autocratic rule, the transition to democracy began to worsen the economies surrounding Latin American countries. The result was a perverse system of democracy, which has brought about a lacking institution concerning the political, social, and economic sectors. Presidentialism has unfolded the actions taken in regards to the enormous amount of power and authority that is provided for the supreme individual, which in turn shows the loophole in the weak democracy that surrounds Latin American countries today. Institutions were created to provide the basic ground rules when it came down to delegating tasks within the different sectors of the state. Setting regulations and rules for the social, economic, and political sectors, the balance of powers are not evenly distributed across the board resulting in an elitist form of rule.
It is just the political elite and a small number of party activists that are polarized and not the American public (Fiorina and Abrams 569; Baldassarri and Bearman, 786). According to statistics of the Gallup institution, 42% of Americans identify themselves as political independent and not on the extreme left or right side. Whereas just 25% see themselves republicans which is the lowest number over the past 25 years. In 2004, when Georg W. Bush was elected for the second time 34% of American’s identified themselves with the Republican Party, which is a difference of 9 %. Democratic identification on the other hand stands at 31%, which is 5% lower than 2008 and clearly shows that America is not getting more and more divided (Jones, par.
In recent years, government mistrust has become rampant. In the past, approximately 75% of Americans trusted the government most or all of the time. However, this number has sharply decreased. In the Gallop’s annual governance poll conducted in September of 2011, only 19% of people were satisfied with the way the country was being governed. First, it is important to recognize that these polls suggest that Americans are displeased with the people in charge of our government, not the institution as a whole.
Question 1: The joint venture of Continental cablevision and Fintelco is indeed a risky strategic move for Continental Cablevision to enter in Argentina market. As mentioned by CFO, Robert Sach, company want to enter the in the country which is economically and politically sable, but this is not the case with Argentina. As seen, in the period around 1994, there is huge political unrest in Argentina, as well as many policy changes related to foreign trade and investment and private sector. Despite the fact that the political and economic situation has improved in recent years, such a long term investment which needs years to amortize remains risky. Besides high inflation the risk of reoccurring crisis is immanent.