Historical Fiction Book Report of The Hope by Herman Wouk

Historical Fiction Book Report: The Hope by: Herman Wouk The book The Hope is the story of Zev Barak, Benny Luria, Sam Pasternak, Kishote, four of Israel’s army officers during the major battles and struggles of Israel from 1948 until 1967. The War of Independence, The Six Day War, and the 1956 Sinai Campaigns were all major events that had major effects on Israel. The book starts out with the war of independence in the town of Latrun with the Haganah 7th brigade. The battle of Latrun was a battle that took place in beginning phases of the war. This battle was a failure to the Haganah 7th brigade, which was newer formed unit. The main road between Tel Aviv and Jerusalem which was commanded by the Latrun fortress. Arab forces were trying to take over the fortress and deny jews from entering into Jerusalem. This particular battle and the events depicted around and about the battle in the book are events and occurrences of actual history but it is a simplified version of the events, of course. But the things that are not actual or real things in history are the characters. Sam Pasternak is the fictional character used to illustrate the tasks of Colonel Chaim Herzog which was a Israeli army officer who became an army general, later a popular historian of the military, and then took on Israel’s envoy to the UN, he even took on two terms a s President of Israel. The story of â€Å"Burma Road† in the book, like the battle of Latrun, is simplified. All though, in the

How is I Bill Made Into a Law Essay example - 532 Words

The basic idea for a law can originate from an array of places ranging from a concerned citizen to the President. In order for a bill to become a law it must begin in either the House or the Senate and can only be introduced by a member of Congress (Schwalbe, 2014). In order for a bill to have a chance at becoming a law it must go through various different stages which include committee consideration, floor debate(by House and Senate), conference committees, and then if both houses pass the bill it is then sent to the president to either be signed and become a law or vetoed. When the president gets the bill he actually has up to five options on what to do with it. (Schwalbe, 2014). He can pass it as a law by both dating and signing it†¦show more content†¦Another example of how bills and laws work is shown with the Student Loan Fairness Act of 2013(H.R. 1330). Authored by Sen. Elizabeth Warren (D-Mass) and sponsored by Representative Karen Bass (CA-37), if this bill is s igned into a law it would dramatically lower the interest rates on federal student loans (Kingkade, 2013). Warren’s plan is to have the percentage rate on government issued student loans lower from 6.8 percent to .75 percent (Kingkade, 2013). When looking at the details of H.R. 1330, you can see the timeline of events that has happened since the bill was introduced in 2013. The details show that Hon. Karen Bass introduced the bill to the House Education and the Workforce, House Financial Services, House Ways and Means, and then the bill was referred to the subcommittee on Higher Education and Workforce Training. (Committee Action, Schwalbe, 2014). As of April 2013, the bill has gained up to 51 different cosponsors however it is still under review by committee and awaiting further action or until the committees are ready to send it to the floor for debate. If this bill did become a law it would help college students with the debt they incur while obtaining higher education. Some people say that bills take too long to pass and looking at H.R. 1330 one can see why most Americans feel this way. (No action since April 2013) The wait time and theShow MoreRelatedLearning Criminal Law and English Common Law Essay920 Words   |  4 Pagesthis first week I learned so much about how criminal law is evaluated, organized, and made. Also I learned about the English common law includes legislation, and a multitude of other legal norms that help on the evaluation of criminal laws, such as federal and state constitutions that are based on congress and state legislatures. It also includes how the lawmakers are made or changed by the judicial powers of review and how the judicial power interpret them. 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Risk Management with Special Reference to Investment Risks Free Essays

Risk in holding securities is generally associated with possibility that realized returns will be less than the returns that were expected. The source of such disappointment is the failure of dividends (interest) or the securities price to materialize as expected. FORCES INFLUENCING INVESTMENT RISKS External Sources of Systematic Risk: In investments, those forces that are external to the firm, uncontrollable and broadly affect large number of securities are called sources of systematic risk. We will write a custom essay sample on Risk Management with Special Reference to Investment Risks or any similar topic only for you Order Now Internal Sources of Unsystematic Risk: Those forces that are internal to the firm, controllable and somewhat peculiar to industries or firms are referred to as sources of unsystematic risk. SYSTEMATIC RISK AND UNSYSTEMATIC RISK Systematic risk refers to that portion of total variability in return caused by factors affecting the prices of all securities. Economic, political, and sociological changes are sources of systematic risk.Their effect is to cause prices of nearly all individual common stocks and/or all individual bonds to move together in the same manner Unsystematic risk is the portion of total risk that is unique to a firm or industry. Factors such as management capability, consumer preferences, and labor strikes cause systematic variability of returns in a firm. WAYS TO MANAGE INVESTMENT RISKS Market Risk Protection The standard deviation and beta indicate the volatility of the stock.The National Stock Exchange News bulletin provides this information. Looking at the beta values, the investor can gauge the risk factor and make wise decision according to his risk tolerance. Protection against Interest Rate Risk The investors can also buy treasury bills and bonds of short maturity. Another suggested solution is to invest in bonds with different maturity dates. Protection against inflation The general opinion is that the bonds or debentures with fixed return cannot solve the problem.If the bond yield is 13 to 15 % with low risk factor, they would provide hedge against the inflation. Protection against Business and Financial risk To guard against the business risk, the investor has to analyse the strength and weakness of the industry to which the company belongs. The financial risk should be minimised by analysing the capital structure of the company. Along with the capital structure analysis,. he should also take into account of the interest payment. How to cite Risk Management with Special Reference to Investment Risks, Papers