WASH CONSENSUS

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WHAT IS THE WASHINGTON CONSENSUS and HOW DID IT EMERGE ?

August 18. Mexican Finance Minister informed Washington it could not make it's debt repayments.

The problem was that in the 170's money was cheap, plenty of liquidity in the system largest banks lent much cash to sovereign nations when inflation was high and real interest rates were practically negative. Effectively banks were effectively paying latin American governments to effectively borrow money. Many of the latin American governments put the money into state projects or some form of political patronage or corruption. In 17 after a decade of inflation, Paul Volker, then the chairman of the Federal Reserve raised Interest Rates massively, infact interest rates went from 0.5% to 1%. The new interest rate kicked in very quickly.

Initially it was the view that the markets should sort this problem out, however it was wuickly realised that a more integrative approach was required. The principal reason for this was that a group of about 15 banks were upto 00% exposed to Mexico, the lending frenzy of the 170's meant that the banking sector was horribly over exposed to Mexico and was at risk of becoming itself part of a financial crisis if no government intervention occurred.

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By the spring of 18, Brazil was faced with the same problem as Mexico. Basically many debtor countries to the US could not make payments. The response to this from Washington was to avert the crisis via a massive injection of cash to the SA governments. The IMF principally funded this. The money rolled back to the banks from the debtor point of view. The cash came with several conditions.

Phase I enough to pay the coupon to get the debtors to embark on a period of stabilisation, ie reduce subsidies, reduce gvt expenditure, raise interest rates, get a stable exchange rate.

For the banks this was a breather to bolster their own accounts,

In most of the economies there were massive demonstrations against the governments & IMF.

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Health Care System

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Research Problem and Objectives

The research problem to be examined in this study is to evaluate what are the attitudes of Windsor residents towards the state of health care in Ontario. From aforementioned layout of some of the problems and their possible solutions one can grasp the vastness of the issues facing Ontario's healthcare system. The working hypothesis for this research is that opinions of Ontario residents play a large role in determining what sort of solutions will be looked at. It has been necessary to narrow these objectives to a few things in the political arena. The objectives for this research are the following

1.Determine attitudes toward the state of healthcare in Ontario.

.Determine attitudes toward publicly funded healthcare... toward a two-tiered healthcare system... towards privatized, market-driven healthcare.

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.Determine attitudes toward user fees, within the present system.

4.Determine the level of awareness about healthcare problems... doctor shortages...emergency room staffing and waiting times... hospital funding.

5.Gather input from Windsor residents as to their suggestions for improvement of the Ontario healthcare system.

The data gathered will show residents experiences as they have interacted with the medical system in the past two years. What were their impressions? Where could improvements be made? What parts of the system are good and need to be retained? How have doctor shortages impacted the people of Windsor? How willing (or unwilling) are the residents of Windsor to have increased taxation to support healthcare, and back the current government in its plans for renewal? The unstated and unofficial goal of this research project is that in some small way could have a real and favourable impact on the healthcare situation in Ontario.

Research Methodology

Research Design As a basis for this report, exploratory research was undertaken. In appendix 1 will be found a bibliography of the sources used. Much pertinent information was obtained from Internet sources. Of special high quality was the home page of the Ontario Medical Association, where much information is available on the state of healthcare in Ontario. Statistics on doctors, nurses, hospital waiting times, funding and much more. Another secondary resource was Canadian newspapers. Among them The Windsor Star, The Globe and Mail, and The National Post. Almost any day one of these would have a very relevant article, many of which were used to furnish background material. A third source of secondary data was collected during our exploratory research, an expert interview was conducted. Mr. Frank Bagatto, President of Hotel Dieu Hospital, was interviewed as background for this report. See appendix two for a synopsis of the this interview.

This secondary research established a starting point for the study, but it did not provide the direct information needed to fulfill the objectives of this study. Descriptive research was used to gather primary data on attitudes and awareness of Windsor residents about the healthcare objectives.

Both of these research methods were helpful and necessary in this project. Exploratory research to establish a foundation, to expand on partially formed ideas, to get expert input on the subject, and to help formulate the questionnaire. The primary research addressed the topics of the objectives set out at the beginning of this project, and yielded the data necessary to drawn pertinent conclusions about them.

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Alexander Hamilton: America's Financial Brainpower

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One must wonder where would America be today financially and economically without the aide of Alexander Hamilton. Sometimes credited as Father of the Treasury, had a profound effect on the American economy. Born illegitimate on the West Indies island of Nevis, left orphaned and penniless at the age of 1, educated by a local clergyman, and in spite of his ruthless beginnings became our countries first Secretary of the Treasury ("Who Is That Guy on the $10 Bill). His contributions include the establishment of credit of our young country, formation of a national bank, the Bank of the United States, and the proposition of tariffs that provided revenue and encouraged manufacturing.

When Alexander Hamilton was appointed Secretary of the Treasury in September of 178, he was faced with many dilemmas. The first dilemma was the national debt. By December 178, the total public debt was up to $74,500,00 (Kraus 76). $1,000,000 of the debt was due to foreign countries for loans to finance the war, $,500,000 of the debt was state debts, and $40,000,000 of the debt was the nation owed for other federal obligations (domestic debts) (Kraus 77). The nation was a crucial point in its existence and needed a solution to its financial problems. Hamilton sent the first part of his plan for the nations economic success, the Report on the Public Credit, to Congress in January 170 (Sylla). He proposed that all the nations debts be paid off by par, meaning completely paid. Hamilton argued that the debts had to be completely paid off to establish good federal credit, and Congress agreed (Sylla). The government's responsibility of the states debt was subject to debate for Congress. Most of the southern states had fulfilled paying off most of their debts and didn't want to assume the debts of the northern states, which happened to be quite an immense sum (Finseth). The first time the assumption bill was voted on in Congress it was defeated 1- (Wise 156). Then Hamilton arranged a deal with Thomas Jefferson to move the nations capitol to Virginia if his debt repayment plan passes Congress. The bill passed ensuring that the states debts would be paid, and the capital was moved ("Who Is That Guy on the $10 Bill"). The domestic debt was not fully repaid because Hamilton believed that if the government owed citizens money, then they will work harder to keep the government prosperous. Hamilton said himself "A national debt, if it is not excessive will be to us a national blessing" (Finseth). His debt reduction plan achieved his goal to "… restore the faith in the government and public credit, attract foreign capitol to the united states and increase the effective stock of money, thereby stimulating the economy" (Sylla).

The second part of Hamilton's plan for the success of the American economy involved the creation of a national bank. Sent to Congress was the Supplemental Report on 170. Though not specifically mandated in the Constitution, Hamilton felt it necessary to charter a national bank. The national bank was formed by Congress in 171 and was given a twenty-year charter ("Bank of United States"). The banks main purposes were to regulate all banking within the United States, and provide a stable currency for the country. Hamilton proposed that the bank be capitalized at $10 million from the sales of stocks. Four-fifths of the stock would be sold to the public, and the federal government would hold the other one-fifths (Brookhiser, 7). Also the bank would provide a depository for federal revenue, an important lender to the federal government, operated across state lines and state bank notes were traded at a discount. The diverse branches of the bank were spread through out the nation aided fiscal operations and called for a more flexible financial system ('Who Is That Guy on the $10 Bill").

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Hamilton's third major paper was the Report on Manufactures issued in 171 ("Report on Manufactures"). This report outlined his plans for governmental support of the American industry. He wanted a protective tariff, one that taxed imports, to raise the nation's industry by making imported goods more expensive then goods made by American industry. Hamilton requested that Congress levy a protective tariff that would stimulate American industries in 17 on all imported goods, especially wine, liquors, tea, and coffee. He wanted to persuade Americans to buy within the country, he believed that America could produce just about everything that it needed and become economically self-sufficient. He expected that the tariffs would help develop an independent and diverse economy. ("Report on Manufactures"). Hamilton also argued the need for an excise tax, which is a tax on domestic goods or goods produced and sold in America (Kindig). Although Congress did not pass his plan, they did support most of his tariffs in the next year ("Report on Manufactures"). By protecting the young manufacturing of early America, the tariffs had a very positive effect on the growth of the economy.

Alexander Hamilton significantly improved the economic position of the United States at perhaps the most crucial time in its history. All of his plans positively affected the American economy and still have an influence on it today. Hamilton's funding the national debt helped establish American's good credit and stimulated economy through trade. His idea for a national bank is still in use in the form of the Federal Reserve System. Hamilton's influence on the tariffs provided the primary source of revenue for the government for many decades and still provides some revenue today. With well-defined idea and unending self-motivation, Hamilton established a national economy with strong credit and increasing stability.

Bran Michael, Brune Champ, and Jennifer Ranson. "Who Is That Guy on the $10 Bill"

June 000.

Brookhiser, Richard. Alexander Hamilton, American. New York The Free Press, 1.

Finseth, Ian. "The Rise and Fall of Alexander Hamilton."

http//xroads.virginia.edu/~CAP/ham/hampltcs.html (1 Nov. 001).

Foner, Eric and John A. Garraty, Eds. Report on Manufactures. The Reader's

Companion toAmerican History. Houghton Mifflin Company, 11. Online

http//www.historychannel.com/perl/print_book.pl?ID=567 (1 Nov. 001).

Foner, Eric and John A. Garraty, Eds. Bank of the United States. The Reader's

Companion toAmerican History. Houghton Mifflin Company, 11. Online

http//www.historychannel.com/perl/print_book.pl?ID=47 (1 Nov. 001).

Kindig, Thomas E. Heritage "Alexander Hamilton." 15-001.

http//www.leftjustified.org/fed/hbio.html (1 Nov. 001).

Kraus, Michael. The United States to 1865. Toronto, Canada The University of

Michigan Press, 15.

Sylla, Richard. "National Debt." Foner, Eric and John A. Garraty, Eds. The Reader's

Companion to American History. Houghton Mifflin Company, 11. Online

www.historychannel.com/perl/print_book.pl?ID=545 (1 Nov. 001).

Wise, William. Alexander Hamilton. New York G.P. Putnams Sons, 16.

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Why do you want to attend?

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To me having good communication skills is crucial to succeed in almost all aspects of life, in particular in professional life and in a chosen career. It is important to know how to read, write, and speak effectively and efficiently. So, if my previous statement is correct, it is essential that we take every opportunity available to develop these communication skills. Since my parent understand this idea, they encourage me, and they are willing to provide the support necessary, including financial support, for my obtaining my goals, in particular improving my writing skills, I decided to look for a program that provided additional training in this area. Searching on the Internet I came across your program and found it to be a program I like and a program that offers the activities that I need to improve my writing ability. Also, I am sure I will enjoy the interaction with other students. For these reasons, I decided, with my parent's support, to apply to your institute. I hope I get accepted and am able to attend.

Right now at my school I am in the advance English course. This is a very challenging class. We have the opportunity to read several books and analyze and practice a variety of writing styles. I believe I have learned a lot in this class. However, I know I need to practice my writing skills a lot more. Since your program offers a great opportunity to "participate in a variety of writing-intensive exercises designed to cover such topics as voice, character, metaphor, persona, and narrative", and also offer opportunities to "participate in workshop sessions...reading intensive classes and roundtables designed to talk about various writers and the strategies they use..." I have not doubt I will obtain the additional practice I need. I am sure it is going to be a challenging experience, writing always is. However, I am looking forward to it.

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The Documentary Film

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Robin Black

Professor Wahbe

English 100

11 September 00

The Documentary Film

In a sense, the first films to be made were documentaries. The documentary retains a sense of truth, even when reality is manipulated. The documentary film can change not only the lives of the subjects that are on camera but also the lives of those who see the film. The Twentieth Century is the first era with a photographic record of history, due to the invention of motion pictures. The documentary film became a new source of history. As cameras rolled filming leaders and workers, natural disasters, and the misfortunes of man, history has been changed by the documentary film. The filmmakers have come to be seen as reporters, explorers, chroniclers, observers and activists. Taking a look in to the documentary film is like looking at a reflection in a mirror of ourselves and our society in this century. The fact that the human spirit strives to survive, and in the face of opposition, refuses to lie down is a testament made by the history of the documentary film.

The every day struggle just to get by is experience by many

Americans. Documentary film makers like Barbara Kopple and Steve

James were dedicated to telling the stories of some of those

struggling Americans. Barbara Kopple's Oscar winning

documentary, "Harlan County, USA" (176), was produced when, at

the age of twenty six, she moved to Harlan County, Kentucky and

lived among coal miners for four years. During that time there

was violent resistance by the coal miners to Eastover Mining

Company's policies of exploitation. Kopple became close to the

families which were affected, as well as the workers who

struggled, and became committed to using her film techniques as

a medium for helping their cause. The never ending search for

the American Dream is not just existing in rural,

underprivileged areas of America. The struggle for survival that

continues every day is also right in our own backyard. Steve

James touched on universal issues in his documentary film "Hoop

Dreams" (14). James, with his camera, met two young boys by

the names of Arthur Agee and William Gates in an inner-city

basketball court. The boys achieved a momentary escape from

their lives of poverty, parental drug addiction, and violence

when they were shooting hoops and dreaming of making the NBA

drafts. Steve James, along with film makers Peter Gilbert and

Fredrick Marx and their cameras, documented the two boys as they

worked to succeed at the one thing that gave them hope of one

day lifting themselves out of their desperate situation. That

thing was basketball. "Hoop Dreams" is about success and failure

in all aspects of life, not just on the basketball court. It

shows the power of friendship, support, hope and dedication, and

a person's dreams and aspirations can ultimately see them

through the most dark and dismal times of their lives.

Both films seem to capture an entire century of reality and

the soul of the American Experience; just as stories recorded on

film will continue to inspire and encourage the American spirit.

The search for the American Dream is a journey taken on the back

of the documentary film with the film maker as the guide.

Standing as the testament of the history of the documentary film

Is the undying human spirit always in that survival mode and

never willing to give up to its adversaries.

Works Cited

http//www.nvo.com/corinthfilms/documentaryfilmsandtvprograms/

Common Culture Reading and Writing about American Popular Culture. rd Ed. Michael Petracca and Madeleine Sorapure. New Jersey Prentice Hall, 001.

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Goneril and Regan in scene one of King Lear

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The Characters of King Lear's two eldest daughters - Goneril and Regan.

Throughout the play of King Lear, Lear's two eldest daughters Regan and Goneril express themselves differently in various situations regarding the treatment of their father, which is displayed as being more to their own advantage rather than that of others, in particular their father - King Lear.

In act one, scene one, Goneril and Regan appear to be the "good" and dutiful daughters to their father. This is displayed as when Lear proposes that he is to divide his kingdom between the three female heirs, both Goneril and Regan quickly jump at the chance of this opportunity. The reasons relating to their enthusiasm towards their fathers proposition is primarily in regard to the prospect of them being able to attempt to gain as much land and wealth as possible through making an excellent job of telling their father exactly what he wants to hear. They do this through forfeiting the truth, and professing how greatly they love him.

Goneril and Regan are particularly clever and deceitful, because they know by flattering their father and by telling him what he wants to hear in the plays opening scene, this will be beneficial to them and will possibly instantly give them their fathers favour as they are aware of how he extremely appreciates public displays of flattery in front of the court which increases his pride.

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Goneril is the first daughter who is given the chance to profess her love to the King, in which she proclaims

"Sir I love you more than word can wield the matter,

Dearer than eyesight, space and liberty,

Beyond what can be valued, rich or rare;

No less than life, with grace, health, beauty, honour,

As much as a child e'er loved or father found,

A love that makes breath poor and speech unable;

Beyond all manner of so much I love you."

Goneril, after making this proclamation, has inevitably pleased the King well, so she and her husband Albany are promptly given a portion of his lands before the next daughter Regan is given the chance to speak.

Regan says

"I am made of that self metal as my sister,

And prize me at her worth. In my true heart

I find she names my very deed of love;

Only she comes too short, that I profess

Myself an enemy to all other joys

Which the most precious square of sense possesses

And find I am alone felicitate

In your dear highness' love."

In this speech made by the second daughter Regan, she aims to go "one up" on Goneril by saying that she loves her father just as much as Goneril, and so much in fact that she decides to say that her sister has fallen short of her own personal love for him and that she loves him much more greatly. This also, not to the surprise of the daughters and the court, greatly impresses the King, even more so than of what Goneril had initially said. Because of this, the King gives out an 'ample third' of the kingdom which was not too dissimilar than that he had given to Goneril.

King Lear, right from the start is unable to see what his daughters are truly like and their true intentions once they have gained what they want from their father, and up until this point in the play, after their speeches, he has no reason to think otherwise.

Lear's favour towards them is enforced even more after it is Lear's youngest daughter Cordelia's turn to make a bid at obtaining land from her father. This point is emphasised as Cordelia's response is much different in nature to that of her sisters, as she does not use any flattery whatsoever to gain Lear's favour, but instead speaks her mind truthfully and honestly. Cordelia admits that she loves her father, but "no more or no less" than that of which is required by her duty of being his daughter. This speech made by Cordelia inevitably greatly angers the King, in which he fails to see and is possibly too naive to recognise the honest quality that she possesses over her sisters. The result of Cordelia's speech is that the King instantly perceives both Goneril and Regan as being the "good" and dutiful daughters and subsequently Cordelia is banished from the kingdom.

The first glimpse of the real deceitful and rude characters of Regan and Goneril are briefly displayed in the first act of the first scene of the play, where Regan is quick to say

Prescribe not us our duties

Regan says this line to her younger daughter Cordelia, in response to Cordelia telling her sisters that despite her banishment made by her father, she wants her sisters to treat their father well. Cordelia has possible foresight as to what is to come, as she secretly believes that their declarations were possibly untrue, and she knows what they are really like. Cordelia then goes on to say to the sisters that they should stick close to their claim of their love for their father. This response given by Regan is interpreted and seen as being said due to her great dislike of being offered advice by others, in particular her younger sister. Also, another reason for this comment would be that she knows that she is often a hypocrite in character, due to her acting and saying certain things for show in order to get what she wants, then further on once she has obtained her goal, she no longer cares about what she has initially said - thus displaying her ruthfulness.

A prime example of their ruthfulness occurs further on in the play when both Goneril and Regan cause much hurt to their father emotionally and drive him to madness. Lear soon finds out how much love Goneril and Regan actually have for him. When Lear comes to stay at Goneril's home she promptly changes her loving tune towards him and is deliberately cold hearted and attempts to make him give up 100 of his knights, which consequently challenges her father's authority and shows the calculative disrespect that she has for him. The same example is also apparent with Regan. This is shown as after Lear has left Goneril's home, due to him being fed up with her and being angry at himself for misjudging her character so badly, he finds that Regan treats him similarity to her sister Goneril. The way in which Regan treats her father is with much disrespect, and furthermore undermines his authority as her father and the former King of England. The two daughters due to their evident cruel nature and spite, go on to turn their father out into a storm in the middle of the play, which leads to Lear being driven mad by his grief at seeing the true nature of his daughters.

Regan and Goneril are initially brought into the play as being dutiful and loving daughters of their father King Lear. The true colours and intentions of these two daughters are however becoming slowly and obviously unravelled throughout the duration of the play and it becomes quite clear that what they say the majority of the time not the truth. It is also often alleged that they care primarily about the interests of themselves without regard to anyone else, including their own father.

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