The problem is Clean Surplus has never been tested until now, and thus has not been used except by a very few, extremely successful people such as Warren Buffett. The diminutive amount of research work on Clean Surplus prior to Dr. Farwell's research attempts to use Clean Surplus as a discounting valuation model. However, as with all discounting valuation models, we know by the failure of 96% of money managers (public mutual funds) to consistently outperform the averages over a 10-year time period, that these models just don’t work very well. Buffett uses Clean Surplus to develop a Clean Surplus Return on Equity (ROE) rather than using the traditional accounting ROE as a comparison ratio in order to assess the consistency of the operating efficiency of a company and also the level of that operating efficiency. Dr. Farwell uses the Clean Surplus ROE to construct portfolios “predicted” to consistently outperform the market averages.
Here you have people that are taking punishment within their own hands and nothing could be done because that was allowed. From this, we have the vigilante aspect that people think they can go around and take justice into their hands and have no consequence to them. In terms of Government, they are creating the laws but sometimes just do not seem to work with the policing of America. The relationship with police and government is ongoing and will continue to be. The police go to the state for funding for programs and they get turned away, laws are being created that the police have to enforce even if they do not agree with that the law is.
Justin Galarza JUS-104 Charlie Pyeatt October 2, 2014 Historical Development of Policing The history of policing dates many thousands years ago and Great Britain is believed to be where the concept of policing originated from (Deflem, 2002). Policing has undergone many developments and advancements to the way it is today. Originally, policing was handled by able bodied and strong men and the initial reasons why policing existed was to protect the property of their people and communities. Today, the roles played by police have greatly diversified (Deflem, 2002). Initially, policing was a voluntary activity and one would join it provided they had the interest of other people in their heart.
One can see the importance of civil service to the American policing system because the need for a check and balances system, which does not give one person or group complete control to make decisions. In comparison, the police are not left totally in the dark with no say in the hiring or promoting of officers. The police are usually the ones advising the civil service of the need for the position, relaying information on the job description, job requirement, and the required testing for the position (U.S. Department of State, 2012). The police help with the hiring or promoting process by dispensing some of the testing and handling some of the recruiting as well. Often, throughout the hiring or promoting process the civil service will keep in close
Atticus used logos to attempt at logically convincing this racist jury that there was no way Mr. Robinson could have committed the rape. The first fact thrown at the jury was, “The state has not produced one iota of medical evidence”. Which was true, they did not have a doctor confirm that Miss Mayela was actually raped; they instead went by the word of the two most unreliable people in Maycomb County. The fact that Mr. Bob Ewell would not have a doctor confirm that his daughter had been raped had to have been a sign that his story was not credible. The second fact was, “Mayela Ewell was beaten savagely by someone who led almost exclusively with his left”.
There were several difficulties in the early days of policing. One was the question of how to balance the need for law enforcement with individual liberty. A second problem was that of law enforcement with no checks or boundaries, which had the potential to stray into the territory of vigilantism. In industry, private police forces looked after the interests of businesses. One such force, Pinker tons, protected property for the likes of railroads and livestock industries.
Whats the big deal if someone wants to travel and experience new things? There is no big deal so why cant people just do it? Border Patrol started back in the 1920's. Back then it was simple, just secure the borders between inspection stations where they inspected people stuff. To me that's good enough and there's no need for further action.
The federal government has deemed it necessary to investigate anyone that seems in any way suspicious in the way of terrorism. This extends from illegal search and seizure to allowing any future cell phone or computer usage to be watched without a new warrant. Civil liberties activists claim that this, again, is an infringement on Constitutional rights while others claim this is a necessary infringement to protect our communities and people. Another issue with the expansion of the executive branch is the cooperation on a local, state, and federal level. The argument is that police are too involved in the legal aspects of collecting evidence, while intelligence agents are too uninvolved.
Sadly , more so than not, the core of the family nuclear unit can be tainted. If a child is exposed to this type of dysfunction, they have no other family foundation to model his or her life’s choices and decisions against. When the rode less traveled by is chosen then the child/juvenile meets up with law enforcement within that path. The police come in contact with these children on a number of levels. Generally, the police do not follow the protocol of the juvenile justice system unless it becomes necessary to actually process a juvenile.
That is essentially telling the victim that it is their fault. This could lead to the victim not testifying if the person who committed the rape is found and it goes to trial. Everyday Ethical values are called into question by the men and women of law enforcement and it is up to them to overcome as it is part of their job. Sometimes they slip and get away with breaking their ethics but eventually they will get caught and will end up in the same prisons that they have promised to put criminals