The History of Buenos Aires, Argentina

The History of Buenos Aires, Argentina One of the most important cities in South America, Buenos Aires has a long and interesting history. It has lived under the shadow of the secret police on more than one occasion, has been attacked by foreign powers and has the unfortunate distinction of being one of the only cities in history to be bombed by its own navy. It has been home to ruthless dictators, bright-eyed idealists and some of the most important writers and artists in the history of Latin America. The city has seen economic booms that brought in stunning wealth as well as economic meltdowns that have driven the population into poverty. Foundation of Buenos Aires Buenos Aires was founded twice. A settlement at the present-day site was established briefly in 1536 by conquistador Pedro de Mendoza, but attacks by local indigenous tribes forced the settlers to move to Asuncià ³n, Paraguay in 1539. By 1541 the site had been burned and abandoned. The harrowing story of the attacks and the overland journey to Asuncià ³n was written down by one of the survivors, German mercenary Ulrico Schmidl after he returned to his native land around 1554. In 1580, another settlement was established, and this one lasted. Growth The city was well-located to control all trade in the region containing present-day Argentina, Paraguay, Uruguay and parts of Bolivia, and it thrived. In 1617 the province of Buenos Aires was removed from control by Asuncià ³n, and the city welcomed its first bishop in 1620. As the city grew, it became too powerful for the local indigenous tribes to attack, but became the target of European pirates and privateers. At first, much of the growth of Buenos Aires was in illicit trade, as all official trade with Spain had to go through Lima. Boom Buenos Aires was established on the banks of the Rà ­o de la Plata (Platte River), which translates to River of Silver. It was given this optimistic name by early explorers and settlers, who had gotten some silver trinkets from local Indians. The river didnt produce much in the way of silver, and settlers didnt find the true value of the river until much later. In the eighteenth century, cattle ranching in the vast grasslands around Buenos Aires became very lucrative, and millions of treated leather hides were sent to Europe, where they became leather armor, shoes, clothing and a variety of other products. This economic boom led to the establishment in 1776 of the Viceroyalty of the River Platte, based in Buenos Aires. The British Invasions Using the alliance between Spain and Napoleonic France as an excuse, Britain attacked Buenos Aires twice in 1806 to 1807, attempting to further weaken Spain while at the same time gaining valuable New World colonies to replace the ones it had so recently lost in the American Revolution. The first attack, led by Colonel William Carr Beresford, succeeded in capturing Buenos Aires, although Spanish forces out of Montevideo were able to re-take it about two months later. A second British force arrived in 1807 under the command of Lieutenant-General John Whitelocke. The British took Montevideo but were unable to capture Buenos Aires, which was ably defended by urban guerilla militants. The British were forced to retreat. Independence The British invasions had a secondary effect on the city. During the invasions, Spain had essentially left the city to its fate, and it had been the citizens of Buenos Aires who had taken up arms and defended their city. When Spain was invaded by Napoleon Bonaparte in 1808, the people of Buenos Aires decided they had seen enough of Spanish rule, and in 1810 they established an independent government, although formal Independence would not come until 1816. The fight for Argentine Independence, led by Josà © de San Martà ­n, was largely fought elsewhere and Buenos Aires did not suffer terribly during the conflict. Unitarians and Federalists When the charismatic San Martà ­n went into self-imposed exile in Europe, there was a power vacuum in the new nation of Argentina. Before long, a bloody conflict hit the streets of Buenos Aires. The country was divided between Unitarians, who favored a strong central government in Buenos Aires, and Federalists, who preferred near-autonomy for the provinces. Predictably, the Unitarians were mostly from Buenos Aires, and the Federalists were from the provinces. In 1829, Federalist strongman Juan Manuel de Rosas seized power, and those Unitarians who did not flee were persecuted by Latin Americas first secret police, the Mazorca. Rosas was removed from power in 1852, and Argentinas first constitution was ratified in 1853. The 19th Century The newly independent country was forced to continue to fight for its existence. England and France both tried to take Buenos Aires in the mid-1800s  but failed. Buenos Aires continued to thrive as a trade port, and the sale of leather continued to boom, especially after railroads were built connecting the port to the interior of the country where the cattle ranches were. Towards the turn of the century, the young city developed a taste for European high culture, and in 1908 the Colà ³n Theater opened its doors. Immigration in the Early 20th Century As the city industrialized in the early 20th century, it opened its doors to immigrants, mostly from Europe. Large numbers of Spanish and Italians came, and their influence is still strong in the city. There were also Welsh, British, Germans, and Jews, many of whom passed through Buenos Aires on their way to establish settlements in the interior. Many more Spanish arrived during and shortly after the  Spanish Civil War  (1936 to 1939). The Perà ³n regime (1946 to 1955) allowed  Nazi war criminals  to migrate to Argentina, including the infamous Dr. Mengele, although they did not come in large enough numbers to significantly change the nations demographics. Recently, Argentina has seen migration from Korea, China, Eastern Europe and other parts of Latin America. Argentina has celebrated Immigrants Day on September 4 since 1949. The Perà ³n Years Juan Perà ³n  and his famous wife  Evita  came to power in the early 1940s, and he reached the presidency in 1946. Perà ³n was a very strong leader, blurring the lines between elected president and dictator. Unlike many strongmen, however, Perà ³n was a liberal who strengthened unions (but kept them under control) and improved education. The working class adored him and Evita, who opened schools and clinics and gave state money away to the poor. Even after he was deposed in 1955 and forced into exile, he remained a powerful force in Argentine politics. He even triumphantly returned to stand for the 1973 elections, which he won, although he died of a heart attack after about a year in power. The Bombing of the Plaza de Mayo On June 16, 1955, Buenos Aires saw one of its darkest days. Anti-Perà ³n forces in the military, seeking to dislodge him from power, ordered the Argentine Navy to bombard the Plaza de Mayo, the citys central square. It was believed that this act would precede a general coup dà ©tat. Navy aircraft bombed and strafed the square for hours, killing 364 people and injuring hundreds more. The Plaza had been targeted because it was a gathering place for pro-Perà ³n citizens. The army and air force did not join in the attack, and the coup attempt failed. Perà ³n was removed from power about three months later by another revolt which included all of the armed forces. Ideological conflict in the 1970s During the early 1970s, communist rebels taking their cue from  Fidel Castros  takeover of Cuba attempted to stir up revolts in several Latin American nations, including Argentina. They were countered by right-wing groups who were just as destructive. They were responsible for several incidents in Buenos Aires, including  the Ezeiza massacre, when 13 people were killed during a pro-Perà ³n rally. In 1976, a military junta overthrew Isabel Perà ³n, Juans wife, who had been vice president when he died in1974. The military soon began a crackdown on dissidents, beginning the period known as La Guerra Sucia (The Dirty War). The Dirty War and Operation Condor The Dirty War is one of the most tragic episodes in all of the History of Latin America. The military government, in power from 1976 to 1983, initiated a ruthless crackdown on suspected dissidents. Thousands of citizens, primarily in Buenos Aires, were brought in for questioning, and many of them disappeared, never to be heard from again. Their basic rights were denied to them, and many families still do not know what happened to their loved ones. Many estimates place the number of executed citizens around 30,000. It was a time of terror  when citizens feared their government more than anything else. The Argentine Dirty War was part of the larger Operation Condor, which was an alliance of the right-wing governments of Argentina, Chile, Bolivia, Uruguay, Paraguay, and Brazil to share information and aid one anothers secret police. The Mothers of the Plaza de Mayo is an organization of mothers and relatives of those who disappeared during this time: their aim is to get answers, locate their loved ones or their remains, and hold accountable the architects of the  Dirty War. Accountability The military dictatorship ended in 1983, and Raà ºl Alfonsà ­n, a lawyer, and publisher, was elected president. Alfonsà ­n surprised the world by quickly turning on the military leaders who had been in power for the past seven years, ordering trials and a fact-finding commission. Investigators soon turned up 9,000 well-documented cases of disappearances and the trials began in 1985. All of the top generals and architects of the dirty war, including a former president, General Jorge Videla, were convicted and sentenced to life imprisonment. They were pardoned by President Carlos Menem in 1990, but the cases are not settled, and the possibility remains that some may return to prison. Recent Years Buenos Aires was given autonomy to elect their own mayor in 1993. Previously, the mayor was appointed by the president. Just as the people of Buenos Aires were putting the horrors of the Dirty War behind them, they fell victim to an economic catastrophe. In 1999, a combination of factors including a falsely inflated exchange rate between the Argentine peso and the US dollar led to a serious recession and people began losing faith in the peso and in Argentine banks. In late 2001 there was a run on the banks and in December 2001 the economy collapsed. Angry protestors in the streets of Buenos Aires forced President Fernando de la Rà ºa to flee the presidential palace in a helicopter. For a while, unemployment reached as high as 25 percent. The economy eventually stabilized, but not before many businesses and citizens went bankrupt. Buenos Aires Today Today, Buenos Aires is once again calm and sophisticated, its political and economic crises hopefully a thing of the past. It is considered very safe  and is once more a center for literature, film, and education. No history of the city would be complete without a mention of its role in the arts: Literature in Buenos Aires Buenos Aires has always been a very important city for literature. Porteà ±os (as the citizens of the city are called) are literate and place great value on books. Many of Latin America’s greatest writers call or called Buenos Aires home, including Josà © Hernndez (author of the Martà ­n Fierro epic poem),  Jorge Luà ­s Borges  and Julio Cortzar (both known for outstanding short stories). Today, the writing and publishing industry in Buenos Aires is alive and thriving. Film in Buenos Aires Buenos Aires has had a film industry since the beginning. There were early pioneers of the medium  making films  as early as 1898, and the world’s first feature-length animated film, El Apà ³stol, was created in1917. Unfortunately, no copies of it exist. By the 1930s, the Argentine film industry was producing approximately 30 films per year, which were exported to all of Latin America. In the early 1930s, tango singer  Carlos Gardel  made several films which helped catapult him to international stardom and made a cult figure of him in Argentina, although his career was cut short when he died in 1935. Although his biggest films were not produced in Argentina, they nevertheless were hugely popular and contributed to the film industry in his home country, as imitations soon popped up. Throughout the latter half of the twentieth century, Argentine cinema has gone through several cycles of booms and busts, as political and economic instability have temporarily shut down studios. Currently, Argentine cinema is undergoing a renaissance and is known for edgy, intense dramas.

Rights and Liberties in the Constitution

Rights and Liberties in the Constitution The US Constitution guarantees a number of rights and liberties to US citizens.   The right to trial by jury in criminal cases is guaranteed. (Article 3, Section 2)The citizens of each state are entitled to the privileges and immunities of the citizens of every other state. (Article 4, Section 2)The requirement of a Writ of habeas corpus may not be suspended except during invasion or rebellion. (Article 1, Section 9)Neither Congress nor the states can pass a bill of attainder.  (Article 1, Section 9)  Neither Congress nor the states can pass ex-post facto laws.  (Article 1, Section 9)  No law impairing the obligation of contracts may be passed by states.  (Article 1, Section 10)  No religious test or qualification for holding federal office is allowed. (Article 6)No titles of nobility would be allowed.  (Article 1, Section 9)   A Bill of Rights The framers at the Constitutional Convention in 1787 felt that these eight rights were necessary to protect the citizens of the United States. However, many individuals not present felt that the Constitution could not be ratified without the addition of a Bill of Rights. In fact, both John Adams and Thomas Jefferson argued that not including the rights that would eventually be written into the first ten amendments to the Constitution was unconscionable. As Jefferson wrote to James Madison, the Father of the Constitution,,  Ã¢â‚¬Å"a bill of rights is what the people are entitled to against every government on earth, general or particular, and what no government should refuse, or rest on inference.†Ã‚   Why Wasnt Freedom of Speech Included? The reason why many of the framers of the Constitution did not include rights such as freedom of speech and religion in the body of the Constitution was that they felt that listing out these rights would, in fact, restrict freedoms. In other words, there was a general belief that by enumerating specific rights guaranteed to citizens, the implication would be that these were granted by the government instead of being natural rights that all individuals should have from birth. Further, by specifically naming rights, this would, in turn, mean that those not specifically named would not be protected. Others including Alexander Hamilton felt that protecting rights should be done at the state instead of the federal level.   Madison, however, saw the importance of adding the Bill of Rights and wrote the amendments that would eventually be added in order to assure ratification by the states.

Quality Management and Business Process Management Essay

Quality Management and Business Process Management - Essay Example It is evidently clear from the discussion that scholars like Apel viewed the Characteristic core of the scientific philosophy as the main alternative of modern scientific theory. Habermas’ theory of communication is of the notion that communication patterns are analyzed as well as ideal speeches are of utmost significance. Characteristics of honesty and accuracy provide a way for reflective, rational as well as moral decision making. Top quality management also consists of efforts that are aimed at installing and making a permanent condition in which a given organization continuously aims at improving its ability to deliver products and services of high quality to its clients or customers. The techniques of TQM mostly draw upon previously developed techniques and tools of quality control. This refers to a holistic approach to management to align an organization’s commercial processes with the needs of the customers. It makes use of a systematic approach in an attempt to gradually improve the efficiency and effectiveness of a business while at the same time striving to achieve flexibility, integration with technology as well as innovation. This can actually be referred to as a process optimization procedure. This form of management can positively affect the revenue generation as well as cost. As an approach to management, BPM sees processes as an organization’s strategic assets that must be managed understood as well as improved so as to deliver services and products that are value added. This is the term that is associated with thinkers from the Frankfurt school of critical and social theory like Adorno, Fromm, Marcuse, Horkheimer as well as Habermas. The sole purpose of these is to help us to recognize how dominant ideologies are unjust and uncritically accepted by the majority.

Discuss the reasons for the emergence of China as a global trading Essay - 1

Discuss the reasons for the emergence of China as a global trading power in the light of international trade theories - Essay Example There are various theories behind the rise of China as one of the strongest economies in the world. This work will look into and discuss the reasons behind the emergence of China as a global trading power in the world in the light of International Trade Theories. China has remained one of the strongest Communist countries in the world and after the fall of USSR, it has emerged as the center of the Political ideology in the world. However the subsequent reforms saw the start of the country’s transition to the market economies. The economic reforms into China started during 1978 and are considered as most successful as compared to the other controlled economies of Eastern Europe. A comparative study of the transition economies would suggest that China has been able to perform better than other transition economies of Eastern Europe mainly because of the rise of private firms into China. The emergence of Private firms into China has been extra-ordinary despite the fact that State has protected the state owned enterprises. The rise of China therefore is also attributed to the unplanned rise of private firms into the country besides the government reforms. From 1978 to 1992, the gross national product in China grew at an average rate of 9% and in 1992 and 1993, growth accelerated to over thirteen percent, giving China the worlds fastest growing economy. In 1994, even with attempts to cool down the economy, growth remained above ten percent.Error: Reference source not found. However it also must be noted that the largely held misconception that the Mao Zedong was behind the economic rise of China is not correct in its true sense as many believed that a great Opportunity to fulfill the Chinese dream remained unfulfilled during his era however the Mao era also saw the changes into health, education and other sectors of the economy however on the whole it remained largely under achieved economy during

Problem Solving Mini Project Report Essay Example for Free

Problem Solving Mini Project Report Essay 1.Introduction NTU students spend lots of time in tutorial rooms studying. However, the chairs in NTU tutorial rooms are uncomfortable. Seat pans and backrests are plastic and tables attached to right armrests are 20cm above the seat pans and too small to place taptops. Students complain about these chairs. According to our group’s survey, 70 of 72 SM2 students suffer backaches after long hours of writing sitting on the chairs. Since tables are fixed, most students are forced to bend down to write on the table for a long time, which puts a great strain on their backs and causes pain. Also, half students interviewed feel the illumination of rooms is inadequate. Therefore, we have modified the TR chairs to solve these problems. 2.Body 2.1 Criteria for solution The modified chairs should meet the following requirements: †¢Tables are adjustable and easy to fold; †¢Backrests support the back of the body; †¢Seatmats are soft; †¢Tables can generate light according to indoor lighting conditions; †¢Chairs are aesthetically pleasing; †¢Cost is low. 2.2 Description of the solution Our ‘wonderchairs’ are like glossy silver eggs made from hard glass-fiber reinforced plastic (GFRP). Chairs have three foldable layers with two wheels at the bottom. The top layer with one side stuffed with rayon can be flipped over as a backrest. The backrest is positioned at an angle of 100 °and stuffed with soft Rayon stuffing which supports the back of the body comfortably. The second layer serves as a table with a 22cm-radius, overcoming the existing defect of being too small which hinders comfortable writing. It can be easily lifted and pushed forward by 20cm by pulling or rotating a lever to suit a student’ personal need so that he can write comfortably on the table. The third layer is a relaxing 24cmÃâ€"24cm seat with a beige corduroy cover and Rayon stuffing. The tables can automatically generate light from LED lamps on the desktop. Lamps are 25cm sticks in a groove on the table when not working. By rotating them 90 °we connect the lamps to a circuit and they start working. Tables consist of three layers. The first is made from transparent GFRP to allow maximum light to pass through and be absorbed and turned into electricity by the photo-voltaic panel in the second layer. The second layer also contains a light sensor detecting lighting condition and accordingly adjusting the intensity of the lamp light. Powered by photo-voltaic panel, the lamp produces proper light according to the indoor illumination conditions. This ensures appropriate room lighting. The third layer is opaque GFRP to strengthen the table. The self-lighting system utilizes solar energy to create light, so it is energy-saving and environmentally-friendly. 2.3 Cost The wonderchairs have low cost and predict great potential for mass use in colleges. One chair: SG$ 1 (Rayon)1 SG$ 1 (Aluminum lever+wheels)2 SG$ 2 (GFRP)3 SG$ 2.5 (solar panel)4 SG$ 0.1 (light sensor)5 SG$ 1 (lamp)6 Total: SG$ 7.51 3 Conclusion Our wonderchairs are targeted at reducing present NTU TR chairs’ discomfort and harm to the human body. Their soft seatmats, supportive backrests and adjustable tables minimize backaches and maximize comfort levels for students. The lighting system provides appropriate light. Their revolutionary egg-shaped design also appeals to students. Moreover, they are cheap enough to be used on a great scale and their use can be extended to homes and offices to benefit more people.

Shakespeare’s Use of Ovids Metamorphoses and Virgils Aeneid as Basis

Shakespeare’s Use of Ovid's Metamorphoses and Virgil's Aeneid as Basis for The Tempest William Shakespeare, as did most writers of his time, took the basis for the stories he wrote from other texts. He would use source poems or mythology in order to write his own works. Romeo and Juliet, for example, can be compared to the tragedy of Pyramus and Thisby. Plays such as Richard III and Julius Caesar are artistic accounts of historic events. The Tempest, however, is commonly perceived as an original story. Many critics feel that this was the only story of his that was entirely created by Shakespeare. This is not the case. In fact, there are several sources from which he very much drew inspiration for this tale. Shakespeare used classical texts for most of his plays, and The Tempest is no exception. Two of the stories from which Shakespeare drew most of his inspiration were Ovid's Metamorphoses and Virgil's The Aeneid. Both are very often used in the construction of stories or works that have come after, and my intention here is to illustrate just how they were used in the writing of The Tempest. The Aeneid tells the story of a Trojan warrior named Aeneas, who is the son of Venus (the Roman goddess of love) and Anchises, a Trojan prince. The tale takes place in the12th century B.C., after the Trojan War, which was started when the Trojan prince Paris seduced Helen, the wife of the King of Sparta, and took her back to Troy. In retaliation, a Greek army waged a 10-year war on Troy, leaving the once great city and most of its people devastated. After the war, Aeneas, along with others that escaped the destruction, sets sail in search of a new home. Their journey takes them towards Sicily and Italy, and this i... ...07. Knapp, Charles. The Aeneid of Vergil, books I-VI, and the Metamorphoses of Ovid, with introductions, notes, and vocabulary by Charles Knapp. Chicago: Foreman and company, 1928. Mandelbaum, Allen. The Aeneid of Virgil: A Verse Translation. Berkeley: University of California Press, 1971. Miller, Frank Justus. Ovid's Metamorphoses in Two Volumes. Cambridge: Harvard University Press, 1916. Pitcher, John. "A Theatre of the Future: 'The Aeneid' and 'The Tempest'." Essays in Criticism 34:3 (1984): 193-215. Shakespeare, William. "The Tempest." The Riverside Shakespeare: Second Edition. Boston: Houghton Mifflin Company, 1997. 1661-86. Tarantino, Elisabetta. "Morpheus, Leander, and Ariel." Review of English Studies 48:192 (1997): 489-98. Wiltenburg, Robert. "'The Aeneid' in 'The Tempest'." Shakespeare Survey 39 (1987): 159-68. Shakespeare’s Use of Ovid's Metamorphoses and Virgil's Aeneid as Basis Shakespeare’s Use of Ovid's Metamorphoses and Virgil's Aeneid as Basis for The Tempest William Shakespeare, as did most writers of his time, took the basis for the stories he wrote from other texts. He would use source poems or mythology in order to write his own works. Romeo and Juliet, for example, can be compared to the tragedy of Pyramus and Thisby. Plays such as Richard III and Julius Caesar are artistic accounts of historic events. The Tempest, however, is commonly perceived as an original story. Many critics feel that this was the only story of his that was entirely created by Shakespeare. This is not the case. In fact, there are several sources from which he very much drew inspiration for this tale. Shakespeare used classical texts for most of his plays, and The Tempest is no exception. Two of the stories from which Shakespeare drew most of his inspiration were Ovid's Metamorphoses and Virgil's The Aeneid. Both are very often used in the construction of stories or works that have come after, and my intention here is to illustrate just how they were used in the writing of The Tempest. The Aeneid tells the story of a Trojan warrior named Aeneas, who is the son of Venus (the Roman goddess of love) and Anchises, a Trojan prince. The tale takes place in the12th century B.C., after the Trojan War, which was started when the Trojan prince Paris seduced Helen, the wife of the King of Sparta, and took her back to Troy. In retaliation, a Greek army waged a 10-year war on Troy, leaving the once great city and most of its people devastated. After the war, Aeneas, along with others that escaped the destruction, sets sail in search of a new home. Their journey takes them towards Sicily and Italy, and this i... ...07. Knapp, Charles. The Aeneid of Vergil, books I-VI, and the Metamorphoses of Ovid, with introductions, notes, and vocabulary by Charles Knapp. Chicago: Foreman and company, 1928. Mandelbaum, Allen. The Aeneid of Virgil: A Verse Translation. Berkeley: University of California Press, 1971. Miller, Frank Justus. Ovid's Metamorphoses in Two Volumes. Cambridge: Harvard University Press, 1916. Pitcher, John. "A Theatre of the Future: 'The Aeneid' and 'The Tempest'." Essays in Criticism 34:3 (1984): 193-215. Shakespeare, William. "The Tempest." The Riverside Shakespeare: Second Edition. Boston: Houghton Mifflin Company, 1997. 1661-86. Tarantino, Elisabetta. "Morpheus, Leander, and Ariel." Review of English Studies 48:192 (1997): 489-98. Wiltenburg, Robert. "'The Aeneid' in 'The Tempest'." Shakespeare Survey 39 (1987): 159-68.

Article Review LAW 421 Essay

The article was a proposal that tried to justify the reason that congress should repeal the Sarbanes-Oxley Act (SOX Act) of 2002. The act is seen as a problem because individual felt that the act was only put in place so government official could feel better about addressing some issues of popular concern rather than resolving the issue. According to Niskanen the SOX act of 2002 is unnecessary, harmful, and inadequate (2006). Punishments under this act included jail time and loss of personal property. The act was viewed as unnecessary because the stock exchange has already addressed and implemented procedures to deal with most of the issues presented in the SOX act of 2002. Those implementations include accounting standards, prosecution for fraud, audits, and financial reporting procedures. Officials felt that both acts addressed the same issues therefore, congress should deem the SOX act of 2002 unnecessary. The SOX act of 2002 was viewed as harmful because it would â€Å"reduce the incentive of corporate executives and directors to seek legal advice† (Niskanen, 2006). It was also seen as harmful because it cause a ban on loans to corporate officer which would pose a problem for compensation. The act was viewed as inadequate because it â€Å"failed to identify and correct the major problems of accounting, auditing, taxation, and corporate  governance that have invited corporate malfeasance and increased the probability of bankruptcy† (Niskanen, 2006). Recommendation to make the act better included congress needed to state more clearly that criminal penalties under the SOX act of 2002 needed proof of personal involvement and criminal intent. Another recommendation was to reduce the cost it took to implement the act. LEGAL ISSUE The legal business issues raised in the article monopoly and unconstitutional. Monopoly because SOX act would have sole control over punishments. Unconstitutional because private businesses were not targeted therefore, public businesses felt that all businesses did not have the same right. MANAGERIAL PERSPECTIVE The legal issues of the SOX act of 2002 affect the way business operate. Businesses have to have certain measures of internal control with the act. The would also have to report financial accounts accurately and follow certain accounting procedure in their day to day business activities. The issued implemented in the SOX act of 2002 could have been avoided if business owners and executives would have exercised fairness and accuracy in the first place. Government would not have had to step in and make these implantations. Reference Niskanen, W. A. (2006). Congress Should Repeal the Sarbanes-Oxley Act. Retrieved from http://www.cato.org/pub_display.php?pub_id=6624