Monday, March 15, 2010

RJA #8b: Evaluation Check

RJA #8a: Quotation, Paraphrase, and Summary


  • "To this day, the willingness of a Wall Street investment bank to pay me hundreds of thousands of dollars to dispense investment advice to grownups remains a mystery to me. I was 24 years old, with no experience of, or particular interest in, guessing which stocks and bonds would rise and which would fall. The essential function of Wall Street is to allocate capital—to decide who should get it and who should not. Believe me when I tell you that I hadn’t the first clue. I’d never taken an accounting course, never run a business, never even had savings of my own to manage. I stumbled into a job at Salomon Brothers in 1985 and stumbled out much richer three years later, and even though I wrote a book about the experience, the whole thing still strikes me as preposterous ... I figured the situation was unsustainable. Sooner rather than later, someone was going to identify me, along with a lot of people more or less like me, as a fraud. Sooner rather than later, there would come a Great Reckoning when Wall Street would wake up and hundreds if not thousands of young people like me, who had no business making huge bets with other people’s money, would be expelled from finance."

http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom/index.html

  • Even today the willingness of Wall Street investments to pay thousands of to me for giving out investment advice to those more elderly than I astounds me. I was young, with no investment experience and cared little about which stocks and bonds would rise and fall. The main focus of Wall Street is to organize money - to determine who does and does not get it. I had very little idea of such a thing. I never had experience in parts of this field, never organized a business, nor ever had my own savings to take care of. I walked into a job at Salomon Brothers, and walked out much richer three years later. The entire occurrence was ridiculous i even wrote a book about it. I had thought that the entire system was unstable and that someone very soon would catch people like me red handed as frauds, and that there would be a revolution in Wall Street and a mass amount of people like me would be cast out from financing.
  • Wall Street pays there financial advisers a wealth sum to determine the allocation of capitol despite the seeming little qualification the advisers may possess. The entire system seemed corrupt and that a time of revolution would come in Wall Street and several of the financial advisers would be cast out.

Monday, March 1, 2010

RJA #6c: Field Research Options

Thinking about conducting an interview with my economics teacher concerning his opinion or any insight he has to offer concerning my topic.

RJA #6b: Social Media and Multimedia

Resource searched or tool used: BlogScope.com
Keywords used: Free market, TARP
Search strategies used: keywords
Date of search: 3/1/10
Number of hits:3422
Relevance of hits (on a scale of 1 to 5): 3

Resource searched or tool used: socialmention.com
Keywords used: Troubled asset relief program
Search strategies used: keywords
Date of search:3/1/10
Number of hits: 51
Relevance of hits (on a scale of 1 to 5): 2

Resource searched or tool used: pbs.org
Keywords used: inside the meltdown
Search strategies used: title
Date of search: 3/1/10
Number of hits:1
Relevance of hits (on a scale of 1 to 5): 5

Resource searched or tool used: pbs.org
Keywords used: The Warning
Search strategies used: title
Date of search: 3/1/10
Number of hits: 1
Relevance of hits (on a scale of 1 to 5): 5

Resource searched or tool used: pbs.org
Keywords used: Ten trillion and counting
Search strategies used: title
Date of search: 3/1/10
Number of hits: 1
Relevance of hits (on a scale of 1 to 5): 5

Thursday, February 25, 2010

RJA #6a: Websites

Resource searched or tool used: Bing.com
Keywords used: Troubled Assets Relief Program
Search strategies used: none
Date of search: 2/25/10
Number of hits: 2,840,000
Relevance of hits: 5

Resource searched or tool used: dogpile.com
Keywords used: Free Market
strategies used: none
Date of search: 2/25/10
Number of hits: 80
Relevance of hits: 3

Resource searched or tool used: BUBL
Keywords used: tarp banks obama
strategies used: tags
Date of search: 2/25/10
Number of hits: 22
Relevance of hits: 1

Resource searched or tool used: turbo10
Keywords used: tarp banks obama
strategies used: boolean
Date of search: 2/25/10
Number of hits: 600
Relevance of hits: 2

Monday, February 22, 2010

RJA #5a: Books

Title: The General Theory of Employment, Intrest and Money
Author: John Maynard Keynes
Ed.#: 1st Harvest/ HBJ ed.
Publication: San Diego
Pub. name: Hartcourt, Brace, Jovanovich
Pub. Date: 1964

Resource searched: Auraria Library
Keywords used: Keynes, The General Theory of Employment, Intrest and Money
Search strategies used: none (including operators and types of searches)
Date of search: 2/22/10
Number of hits: 50
Relevance of hits (on a scale of 1 to 5): 4

Monday, February 15, 2010

RJA# 4b: Search Strings

+president Obama +economic plan +pro's + con's - politics - political

RJA #4a: Keywords

  1. FO: Presidents, presidential
  2. RE: White House, the people, government, economics, debates, society, america, international relations
  3. ST: business, dealing, dealings, exchange, industry, marketing, merchandising, merchantry, retailing, trade, wholesaling.
  4. Log: Economics, money, America

Monday, February 1, 2010

RJA #2b: Research Topic

I plan to elaborate on an "Ethical introspection on War: is it necessary?" This is an issue that has followed man since the beginning and still presents itself in the modern day world; due to this, there are several instances in which War can be referenced and analyzed. It can be inferred that like many things War has multiple aspects to it that people can either agree or disagree upon. Primarily the fact that War ends lives; some find this to be necessary, but others find it unethical no matter the reason for it.
My father has served in the Air Force branch of military, thus I lived in a military environment for the better half of my life. From this life experience I can offer many things about military life from a "military brat's" perspective. Other than that I am aware of the Wars that America has undergone, and for the most part, why were were drawn into them.
War seems to be a very experienced based concept. If you have not lived it, then you can not understand it. I wish to explore that which I am or am not missing from it. I want to know about the soldiers perspective and all that they had to go through to protect this cause that War ordered them to protect, and ultimately why.

Thursday, January 28, 2010

RJA #2a: Possible Topics

  • Ethical introspection on War: is it neccesary?
  • President Obama's economic plan
  • Alternative energy sources
  • Ethics in modern day media
  • Amercia's education system

Thursday, January 21, 2010

RJA#1: Areas of academic interest

Academically my areas of interest lie primarily within music, economics, and philosophy. I expanded my involvement with music at the age of 13 where I taught myself how to play piano and read music, and I have continued with music ever since. I have only recently started studying economics as well as philosophy, and I have taken a strong interest in philosophy and the concepts it pertains to.