Andrew Jackson as President

Jackson was the 7th president of the United States. From South Carolina, he was a bold man, fighting in the U. S Revolutionary War at age 12. His ambition later led him to politics, where he eventually became the president of the United States. As president, Jackson did many controversial things, but was admired by many of the common citizens of the country. While his morals are questionable, overall Jackson was an effective president, and benefited the country with his ideas of the Union and his expansion of democracy. One reason Jackson was an effective president is because he had the support of the people. When Andrew Jackson lost the election in 1824 he was furious. Jackson had won the popular vote, but Congress had decided John Quincy Adams would be president. After this election Jackson went on the first campaign in the history of the presidency. He travelled around the states and appealed to the common man. Jackson quickly became very popular. He was so popular that when he was elected, a riot broke out at his inauguration. The way that Jackson appealed to the common man was that he expanded the idea of democracy. Previously, the rich, white and educated were the only people voting in the United States. Power was held by a select few. Jackson expanded this system, calling on every white citizen to vote, from the rich and educated to poor farmers. Jacksonian democracy took power away from a select few and distributed it to the whole white population. It is a step towards the countries modern system, where the ability to vote is given to every citizen. While a supporter of states rights, Jackson is known for his loyalty to the union. He did not support the idea of states rights to nullification, even while he was a slave owner and would benefit from the law. At a dinner party, Jackson announced his views on the union, surprising everyone present by toasting it and stating that it must be preserved. When South Carolina announced it was prepared to break away from the union, Jackson wrote to its people and calmed them, averting war. Much of what Jackson wrote on the union was used thirty years later by Abraham Lincoln during the civil war. His opinion about the union helped keep the country together, even after he was out of office. While Andrew Jackson had questionable morals at times, his contribution to the country through his expansion of democracy and his opinion on the union makes him an effective president. The rich white members of congress thought he was unfit for the job, but he had the support of the people. Because had to make a name for himself instead of being born into a political family, he understood and grew popular with the common people. He also must be credited with protecting the union, as his words helped bring peace to the nation in two important situations. Andrew Jackson was the first president of his kind. He made radical decisions in the way the country was run during his terms in office. While many of these contribute poorly to his reputation, he helped the United States grow as a nation.

Mergers and acquisitions Essay Example | Topics and Well Written Essays - 3000 words

Mergers and acquisitions - Essay Example HCL EAS Limited ("HCL EAS"), an indirect wholly owned subsidiary of HCL, for the entire issued and to be issued share capital of Axon at a price of 650 pence in cash per Axon Share (including the Interim Dividend of 2.25 pence announced on 26 August 2008) On 2 October 2008, the Axon Board announced that it had withdrawn its recommendation for the Infosys Acquisition and intended to recommend unanimously the HCL Offer On November 25, Axon approved the scheme of arrangement to implement its acquisition by HCL EAS. HCL got 99.9 per cent votes in its favor and the company acquired 34.7 million shares of the British firm On 15 December, 2008 HCL Technologies completed its ?441 million (around Rs 3,100 crore) cash offer Axon Group Plc. Deal Structure Analysis HCL EAS, an indirect wholly owned subsidiary of HCL Technologies which had been formed specifically for the purposes of making the offer, announced a cash offer to acquire the entire issued and to be issued share capital of Axon for ? 441.1 mn. HCL EAS is a private limited company incorporated in England and Wales and an indirect wholly owned subsidiary of HCL Technologies. Axon shareholders received for each Axon Share 647.75 pence in cash. Shareholders who were on the register of members of Axon on 24 October 2008 will also be entitled to receive an additional 2.25 pence for each Axon Share held by way of the Interim Dividend. Such Shareholders therefore received an aggregate of 650 pence per Axon Share. Financing arrangements: The cash consideration payable by HCL EAS under the terms of the HCL Acquisition was funded using a combination of the HCL Group’s existing resources and committed loan facility arranged by Standard Chartered for the purposes of the HCL Acquisition. New debt was given to HCL EAS pursuant to a... The paper affirms that there are many theories and motives that have given us useful reasons why mergers and acquisitions that take place. Williamson proposed the concept of transaction cost economics (TCE) through which an organization can find out ways of optimizing its activities so that the production and transaction costs are minimized. He proposed that it is generally cheaper to buy a generic product from an outsider which is having its core competency in the same area. However, firms might be interested in internalizing the above exchange. Therefore, firms might want to acquire other organizations. Another parallel theory that is often cited is the theory of resource dependence. It is proposed that organization exchange resources within their environment which include suppliers or competitors. Theorists claim that organizations go for acquisitions to take control over critical resources in order to decrease its dependence on outside. Mergers and acquisitions lead to organizati ons having access to critical resources thereby increasing their market power. Another motive in organizations going for mergers and acquisitions is the drive for organizations to acquire knowledge. Firms acquire or merge with other companies in order to take advantage of opportunities in organizational learning. This theory is based on the increasing importance of knowledge in achieving competitive advantage. Mergers are a preferred more of acquiring specific technical skills and capabilities that are difficult to buy.

My Opinion on Different Issues of Today (From a Democratic Point of Personal Statement

My Opinion on Different Issues of Today (From a Democratic Point of View) - Personal Statement Example Their role is to serve the common citizens, and thus they must readily accept to be taxed so that ordinary citizens do not suffer from the changing economy. Politicians should not pass any law or policy that reduces the status of our country and makes the citizens dig dipper into their savings. Increased taxes make employment stressful as it makes people earn less from their jobs. But this is what the government needs so that it can be able to manipulate the electorate. One would logically think that the money realised from increased taxation would enable the government to employ more people; however, in reality, employees work less and spend less as the government legally keeps small chunks of the employees’ hard earned money. This makes the economy to decline, even though the government gets richer with each cent they get from the citizens. The government is only concerned with the big bucks it gets from large corporations, and when it increases the tax rates, small business es are driven off the markets as every penny they earn is collected by the government. The small businesses entrepreneurs opt to wind up their business instead of giving everything to the government. The super rich individuals would be left to operate the majority of the businesses as they do not have any problem with the government taking a little more of their money through tax. They can also be able to employ many professionals who would ensure that they do not feel the effects of the increased taxation. Despite the increased taxation, everything becomes more expensive, and services and consumable products no longer move from the shelves in shops and supermarkets. The citizens opt to economize their money and they adopt healthy eating lifestyles. They also reduce their standards of living, and business owners and entrepreneurs opt to fire people. This is very good for the economy as the available resources can last longer in the country. The government increasingly invests and sp ends a lot of money in job creation to enable its citizens, especially the young generation, to get jobs after graduation from college. With increased taxation, the government clearly wants people to get unspecialized jobs as it already employed enough citizens. The rest should be contented in being fed and clothed by welfare programs and getting assistance from their relatives and friends. It is funny though that everybody goes to school to get a job, but the government does not see sense in more people working and uses all the resources and machinery to make people idle. Majority of people support the government in all its functions and would readily accept to pay additional taxes as they are patriotic. The revenue collection agencies of the government would have to be abolished as nobody would try to evade paying tax. Instead of increasing tax, the government should introduce tax rebates to the poor and tax the rich people more as poor people do not get to use the country’ s resources equally with the rich people. It is ironical that the rich people get tax cuts instead of getting heavily taxed; they have the money and they mostly control the economy and they have a lot of say in its appreciation and depreciation. The low earners should only enjoy the benefits because they are the ones who do most of the work in