This is when gambling turns from fun, into a full time stressful job. People are no longer satisfied with small wagers because they no longer get the “rush” or “high” of winning. They begin betting more and more money and their situation becomes serious. An addict may get a paycheck at the end of the week and go straight to the casino with it. Once all the money is gone, what do they have to live off of?
On the other hand there that middle class of poor that knows nothing about the system or doesn’t have the resources to get a good lawyer they are screwed completely ruin your life and affecting some people around you. Several contemporary concerns impacting criminal justice professionals are, stress, finances, the economy, their family and friends, health and job security. I say stress because so many things can stress a person out this line of work. It can be the hours of the job, the clients, the court cases, etc. Finances can be a major worry especially if your budget is tight and so is your money.
Gambling compulsively will cost a person more than just money but also friends and family ties. A person becomes more self-indulged in gambling than the world around them and neglect the people closes to them as they tend to spend more time and thought on gambling compared to their loved ones. The need to gamble overwhelms a person and eats them whole until the only thing on their mind is gambling. Socialising with friends and family members becomes difficult and over looked. Time spent on gambling scarify quality family time and drives a strain between families.
Fewer companies are willing to enter the market because of the SOX requirements that make going public too costly. Plus, the maintenance required to stay public is too expensive for smaller companies, forcing companies to look elsewhere to raise capital. Rising costs persuade large numbers of companies to exit the public markets to sidestep SEC regulation, creates two problems. First, the overall economy could suffer because corporations limit investment projects due to the higher-cost sources of capital to fund potentially new operations. Second, financially stressed companies that go dark are the very companies’ shareholders need to monitor usually and where transparency is most important.
A massive layoff by a business decreases the business’s expenses because they will have fewer employees on the payroll. The business will also have less production and may have less income as a result. A household is affected by a layoff because an entire income is lost. When a household loses an income, spending is decreased to compensate for that loss. Businesses also suffer when massive layoffs occur.
He also said, “ But few are aware of the doom it portends”(Allan, 5.2) referring to the crash that’s about to happen. Foreshadowing is important in both the Great Gatsby and The Roaring Twenties, people are so concerned about having money they aren’t realizing what’s about to happen to them. The Great Gatsby foreshadows something bad will happen due to people’s carelessness and blindness to anything unrelated to money. While the Roaring Twenties foreshadows the Wall Street crash from peoples increase spending and lack of actual money present. The setting in the Great Gatsby shows how people are divided by the amount of wealth they have.
Unemployment Unemployment has become a part bigger part of our economy over the years. The great recession that lasted from 2007-2009 contributed a higher rate of unemployment after the collapse of some of our highest financial institutions. It has impacted our economy a lot stronger than during the other financial crises. House values went down, and no one could afford to pay for their mortgages after they lost their jobs. Some stores experienced lower sales and started to close down their stores which led to even more unemployment.
However this can also have its negative impacts on the community. Since the permitting of conditional fee agreements (CFA), statistics shown that there has been a drastic increase on the number of claims in the councils on accidents for compensation using legal processes. This can be a disadvantage for those with low incomes since solicitors will only take up cases which may have a large financial outcome to a client, thus denying the poor individuals access to justice even if they has a good
People who have this problem have a hard time resisting or controlling the impulse to gamble. It shares features of obsessive compulsive disorder, pathological gambling is likely a different condition. In people who develop pathological gambling, occasional gambling leads to a gambling habit. Stressful situations can worse. Pathological gambling is being unable to resist impulses to gamble, which can lead to severe personal or social consequence.
There are many causes to the rise in homelessness, and the way they are overlooked, or brushed aside. Most homeless people are down on their luck, temporarily, because of circumstances beyond their control. Anyone could be faced with these sorts of circumstances and become homeless at any time. One cause is the recent downturn in the economy. Jobs are scarce and homes are expensive.