Capital Punishment Essays (1284 words) - Capital Punishment

Capital Punishment Punishment, is the execution of criminals by the state, for Capital Punishment deters murder, and is just Retribution. Capital committing crimes, regarded so heinous, that this is the only acceptable punishment. Capital punishment does not only lower the murder rate, but it's value as retribution alone is a good reason for handing out death sentences. Support for the death penalty in the U.S. has risen to an average of 80% according to an article written by Richard Worsnop, entitled "Death penalty debate centers on Retribution", this figure is slightly lower in Canada where support for the death penalty is at 72% of the population over 18 years of age, as stated in article by Kirk Makir, in the March 26, 1987 edition of the Globe and Mail, titled "B.C. MPs split on Death Penalty". The death penalty deters murder by putting the fear of death into would be killers. A person is less likely to do something, if he or she thinks that harm will come to him. Another way the death penalty deters murder, is the fact that if the killer is dead, he will not be able to kill again. Most supporters of the death penalty feel that offenders should be punished for their crimes, and that it does not matter whether it will deter the crime rate. Supporters of the death penalty are in favor of making examples out of offenders, and that the threat of death will be enough to deter the crime rate, but the crime rate is irrelevant. According to Isaac Ehrlich's study, published on April 16, 1976, eight murders are deterred for each execution that is carried out in the U.S.A. He goes on to say, "If one execution of a guilty capital murderer deters the murder of one innocent life, the execution is justified." To most supporters of the death penalty, like Ehrlich, if even 1 life is saved, for countless executions of the guilty, it is a good reason for the death penalty. The theory that society engages in murder when executing the guilty, is considered invalid by most supporters, including Ehrlich. He feels that execution of convicted offenders expresses the great value society places on innocent life. Isaac Ehrlich goes on to state that racism is also a point used by death penalty advocates. We will use the U.S. as examples, since we can not look at the inmates on death row in Canada, because their are laws in Canada that state that crime statistics can not be based on race, also the fact that there are no inmates on death row in Canada. In the U.S. 16 out of 1000 whites arrested for murder are sentenced to death, while 12 of 1000 blacks arrested for murder were sentenced to death. 1.1% of black inmates on death row were executed, while 1.7% of white inmates will die. Another cry for racism, as according to Ehrlich, that is raised by advocates of the death penalty is based on the color of the victim, for example "if the victim is white, it is more likely that the offender will get the death penalty than if the victim had been black". This is true, if you look at the actual number of people who are murder. More people kill whites and get the death penalty, then people who kill blacks and get the death penalty. The reason for this is that more whites are killed, and the murders captured. Now if we look at the number of blacks killed it is a lot less, but you have to look at these numbers proportionately. Percent wise it is almost the same number for any race, so this is not the issue. In a 1986 study done by Professor Stephen K. Layson of the University of North Carolina, the conclusions made by Ehrilich were updated, and showed to be a little on the low side as far as the deterrence factor of capital punishment. Professor Layson found that 18 murders were deterred by each execution is the U.S. He also found that executions increase in probability of arrest, conviction, and other executions of heinous offenders. According to a statement issued by George C. Smith, Director of Litigation, Washington Legal Foundation, titled "In Support of the Death Penalty", support for the death penalty has grown in the U.S., as the crime rate increased. In 1966, 42% of Americans were in favor of capital punishment while 47% were opposed to it. Since the crime rate United States has increased, support for

Halloween Movie Quotes That Will Haunt You

Halloween Movie Quotes That Will Haunt You Hollywood has produced some fabulous horror classics. Movies like Nightmare on Elm Street, House on Haunted Hill, The Shining, and The Sixth Sense are blockbusters that made horror a winning formula. What makes horror movies so enticing?​ Halloween  commemorates the living and the dead, the real and the surreal. Even for a non-believer, Halloween is a fun festival as it creates an aura of mystery and daredevilry around us. Likewise, horror movies are thrilling because of special effects, mysterious plotline, and voodoo science. Stories about the supernatural try to unravel the mysteries that surround death and rebirth. Horror Movies Quotes Use these Halloween movie quotes to spook your party guests. With voice modulation and the right sound effects, these quotes can make any brave-heart shudder. You can also use these quotes to decorate your Halloween party invites, party favors, and thank you cards. Nightmare on Elm StreetChildren: One, two. Reds calling for you. Three, four. Better lock your door. Five, six. Grab your crucifix. Seven, eight. Gonna stay up late. Nine, ten. Never sleep again.Planet TerrorDr. William Block: Im gonna eat your brains, and gain your knowledge.The Addams FamilyMorticia [to Gomez, watching Pugsley sleep]:  Its so sweet. He looks just like a little entrà ©e.The HauntingTheodora: Havent you noticed how nothing in this house seems to move until you look away and then you just... catch something out of the corner of your eye?The UninvitedRoderick Fitzgerald: Thats not because there are most ghosts here than other places, mind you. Its just that people who live here about are strangely aware of them. You see, day and night, year in, year out, they listen to the pound and stir of the waves. Theres life and death in that restless sound. And eternity too.The OthersMrs. Mills: Sometimes the world of the living gets mixed up with the world of the dead. The Addams FamilyMargaret [to Morticia]: You are too precious for words, why I could just... eat you alive!The OthersMrs. Mills: The intruders are leaving, but others will come. Sometimes well sense them. Other times, we wont.The FlyVeronica Quaife: Be afraid. Be very afraid.Silence of the LambsHannibal Lecter: I ate his liver with some fava beans and a fine Chianti.Childs PlayChucky: Hi! Im Chucky. Want to play?Dawn of the DeadTelevangelist: When theres no more room in hell, the dead will walk the earth.The Sixth SenseCole Sear: I see dead people.Halloween H20: 20 Years LaterNorma Watson: You know, its Halloween. I guess everyone is entitled to one good scare, huh?Halloween (1978)Dr. Sam Loomis: Death has come to your little town, Sheriff. You can either ignore it, or you can help me to stop it.Halloween (2007)Dr. Samuel Loomis: These eyes will deceive you, they will destroy you. They will take from you, your innocence, your pride, and eventually your soul. These eyes do not see wha t you and I see. Behind these eyes one finds only blackness, the absence of light, these are of a psychopath. Halloween (1978)Tommy: You cant kill the Boogey man.American PsychoPatrick Bateman: I want to stab you to death, and then play around with your blood.Friday the 13thCrazy Ralph: Im a messenger of God. Youre doomed if you stay here. This place is cursed. Cursed... Its got a death curse!

Fair Value Measurements of Financial Instruments by US companies and Research Paper

Fair Value Measurements of Financial Instruments by US companies and comparability issues - Research Paper Example Thus the implementation of the fair value has to be implemented at an applicable hierarchical level (Price Water Coopers, 2009, p.2) Need for study Fair value measurement of financial instruments has become a debatable topic since the emergence of the economic downturn. According to the International Accounting Standards Board (IASB) it has been made a rule to report the financial instruments based on the fair value measurement system. Through the calculation of the financial data at fair value prices the decisions related to the high risky business facing economic problem in the financial market becomes easier. The financial statements of the company computed at a fair value system gives more meaningful information to the investors, suppliers and creditors about the valuation methodologies thus used for the same. Hence it is only justified to have a clear view about the impact of the fair value measures of the financial instrument of the company. Literature review The fair value mea surement is implemented both by Goldman Sachs and Citibank with the purpose of getting the actual value during selling of assets or during the transfer of a liability on the date of measurement between the participants of the market. Even while trading of the derivatives of the company measuring in the fair value is of utmost importance to the company. Thus maintaining the rules of the levels of the hierarchy the implementation of the fair value measurement is essential as the correct information related to the accounting of the company’s books of accounts gets projected. Methodology The three methodologies for the calculation of the fair value of the company are market approach, income approach and the cost approach. In market approach the matrix pricing method is used which helps in finding the value of the debt securities in comparison to that of another firm without relying on the data of the quoted prices of specific securities. The time value of money technique is imple mented in case of the income approach methodology of fair value measurement. Lastly based on the concept of obsolesce is the implication of cost approach system of fair value. The data related to the calculation of the fair value of a company can be obtained from the annual reports of both Goldman Sachs and Citibank. For the convenience of analysis the period of 2011 has been chosen. The financial ratios are generally implemented to assess the financial health of the company, analysing which the companies fair value measurement can be done. Limitations of study The fair value measurement also has some criticism in its calculation method. Fair value measurement the inherent risk factor of the company tends to gets exaggerated resulting in misleading results in the long run. Hence the recording of the contingent losses which have not yet been realised signals negative outcome to investors, which lead to meeting of negative consequences. The fair value measurement is usually not prefer red by many analysts due to lack of reliability as the system of valuation has a tendency of showing an optimistic value irrespective of the present economic situation. Thus the business decisions taken on the basis such fair value measurement may be inaccurate in nature. Company profiles Goldman Sachs The Goldman Sachs Group, Inc. is one of the leading banks which is globally renowned for investment banking and provides a wide range of financial