Bryan Diaz Br. Herb AP United States History Period 4 8 November 2012 Democratization DBQ The democratization of politics of the United States is most commonly said to have occurred during the Jacksonian era. While there are obviously many arguments defending that point, there are also many arguments that go against it. Some of those opposing arguments are restriction of citizens’ rights, corrupt bargaining, and use of unnecessary military force on the nation’s citizens. Points in favor of this statement include some nations allowing suffrage with no qualifications, designating land for the Indians, and allowing citizens to make any association they want.
Issue 7: Was the Constitution of the United States Written to Protect the Economic Interests of the Upper Classes? According to radical historian Howard Zinn, the Founding Fathers were an elite group of northern money interests and southern slaveholders who used Shay’s Rebellion in Massachusetts as a pretext to create a strong central government, which protected the property rights of the rich to the exclusion of slaves, Indians, and non-property-holding whites. Zinn uses an excerpt from historian George Bancroft to explain his reasoning. Bancroft basically said that the Constitution left out individuals and favored certain classes. Zinn also uses an excerpt from historian Charles Beard to explain his reasoning.
Under the Securities Act of 1933, the MIFT does not automatically fall into the category of exempt securities, so the company must still file a offering statement with the SEC to avoid penalties. Next, we developed an analytical Matrix that assisted us in deciphering between security law exemptions the company could leverage, and how they would realistically apply to Viscotech’s situation (see Exhibit 2). After analyzing the security laws pertaining to the issuance of securities, we decided their best option was the Regulation A offering to exempt the transaction from registration. It would have allowed the company to “test the waters” through a provision of Regulation A offering which allows companies to publish or deliver a written offering circular, radio broadcast, or television broadcast to prospective investors to gauge their interest before filing an offering statement with the SEC and taking on the fees necessary to do so. However, an offering statement would have needed to be submitted to the SEC and cleared before actually raising money through the Regulation A offering.
Thomas Gibbons, another steamboat operator, competed with Aaron Ogden on this same route but held a federal coasting license issued by an act of Congress. Ogden filed a complaint in New York court to stop Gibbons from operating his boats, claiming that the monopoly granted by New York was legal even though he operated on shared, interstate waters. Gibbons disagreed arguing that the U.S. Constitution gave Congress the sole power over interstate commerce. After losing twice in New York courts, Gibbons appealed the case to the Supreme Court. The Supreme Court determined that the commerce clause of the Constitution grants the federal government the power to determine how interstate commerce is conducted.
Sarbanes-Oxley Law Stephanie Mosley ACC 340 University of Phoenix Richard Calabria 07/23/2012 To enhance the dependability and accountability in an effort to safeguard shareholders, the federal government for the United States of America established the Sarbanes-Oxley Act on July 30, 2002. The Public Company Accounting Reform and Protection Act of 2002 is also used to refer to this law. Numerous acts of corruption in the business sector continued throughout the late 1990s as well as early part of 2000 with no laws to prevent it. In response to the very public case of WorldCom and Enron fiscal scams, the Sarbanes-Oxley Act of 2002 (commonly called SOX) was passed to protect the public and investors from unfair practices and accounting mistakes (Rouse, 2007). In order to safeguard shareholders, the president at that time President George Bush pushed for the act to get passed by the Senate and House of Representatives.
Business Management 2425 The Dodd-Frank Act 1. What is the Dodd-Frank Act and how it’s implemented? The Dodd-Frank Act is a Wall Street Reform and Consumer Protection Act. It is a big part of the financial reform legislation which was passed in 2010 by the Obama administration as a reply to the financial crisis in 2008. The Act is designed to decrease any risks in the US financial system by overseeing Wall Street, regulating credit cards, loans, and mortgages.
With the help of Hopkins and Perkins, Roosevelt introduced help for the unemployed and those too old to work. Roosevelt was seen as great success as governor of New York and he was the obvious choice as the Democratic presidential candidate in 1932. Although Roosevelt was vague about what he would do about the economic depression, he easily beat his unpopular Republican rival, Herbert Hoover. Roosevelt's first act as president was to deal with the country's banking crisis. Since the beginning of the depression, a fifth of all banks had been forced to close.
Subsequently, without any proper foundation in its decision the court took action over the legislative or executive branch to establish the national bank, portraying the court as tyrannical institution. Although the courts are burdensome, the system can also be democratic. Sidney Hook addresses activity of the Supreme Court of race inequality “in the south in the 1950’s in the decision of “Brown v. Board of Education in Topeka and through the Civil Rights Act of Congress.” Hook’s identification of Supreme Courts influence in “Brown v. Board of Education in Topeka through the Civil Rights Act of Congress” (Hook 69) shows significant service to civil rights. Furthermore, partaking in landmark cases and legislation illustrates institutionalization of equality. Despite judicial activity “from the 1880’s into to the 1960’s” most of the United States “enforced segregation through Jim Crow law”.
The year was 1798 when the Federalists Congress passed the controversial Alien and Sedition Acts. It was signed into law by President Adams. According to "U.S. History Pre-Columbian to the New Millennium" (2008-2012), “The Sedition Act was a violation of individual protections under the first amendment of the Constitution.” This did not matter because “Judicial Review” had yet to be developed. Because justices were powerful federalists, James Madison, and Thomas Jefferson collaborated in private and authored the Kentucky and Virginia Resolutions. These resolutions declared that federal laws are invalid in their states and provided a classic statement in support of states’ rights (Kelly, 2012).
This problem has been coming on for some time. From the 1960s to about 1980s workers in finance made little more than those in the rest of the private sector, on average as it should be. Then, things changed: from the ’80s on, administrations embraced deregulation, undoing many of the rules put in place in the wake of the Great Depression to limit banks’ riskiest, and most lucrative, investments. Gone were the limits on interstate banking; down came the wall separating commercial and investment banks. From 1979 to 2006, the financial industry’s share in the nation’s corporate profits grew from a fifth to almost a third.