Stephanie N. Herr November 30‚ 2008 The Government Bailout‚ Who Benefits? The big three American automobile companies are showing considerable operating loses. GM is losing $1 billion or more a month. How does a capital injection help? The companies will just burn through the cash (using it to pay labor or pay off debts‚ old and new‚ until it is gone). The banks‚ on the other hand‚ that are receiving bailout funds have operating profits‚ they can borrow low and lend high‚ but suffer from
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Bailout Ethics Americans are outraged. Billions of taxpayer dollars were committed last year to rescuing firms such as Citigroup and the American International Group (AIG). Earlier this year‚ several companies who received Troubled Asset Relief Program (TARP) assistance were awarding top executives with extravagant bonuses. According to the Wall Street Journal‚ the U.S. government lent $238 billion in TARP taxpayer funds to almost 700 banks; 44 of these banks have repaid a $71 billion (Johnston
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for GM and Chrysler‚ and to keep making auto loans available for car buyers. Ford Credit planned to use funds from the Term Asset-Backed Securities Loan Facility (TALF)‚ a government program for auto‚ student and other consumer loans. The auto bailout proposal from the Big 3 auto companies totaled $34 billion in government loans. In return‚ the companies promised to fast-track development of energy-efficient vehicles‚ and consolidate operations. GM and Ford agreed to streamline the number of brands
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major distinction between utilitarian and deontological reasoning. Make reference to all relevant aspects of the two positions including the ’act’ and ’rule’ versions along with pertinent examples that clarify your answer. The major distinction between Emmanual Kant’s deontological reasoning and Mill’s utilitarian reasonsing is that deontological reasoning refers to duty‚ which is usually determined without regard to circumstances or consequences where as utilitarian reasoning always considers
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Q; Explain the difference between a Deontological and Teleological approach to Ethics. Deontological ethical theories claim that certain actions are right or wrong in themselves‚ regardless of what the consequence is. For example Natural Law. However Teleological ethical theories look at the consequence and result of an action to see if it is right or if it is wrong. For example Situation ethics. The difference between teleological and Deontological ethics is outcome of act verses the act itself
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Deontological Ethics in Location-based Social Media There are so many location aware applications on my “smart” phone; I do not know how I could have lived without these features. There are applications that tell me where is the closes gym that I am a member of. There are applications that give me information on the weather of the current city. There are even applications that will locate the closest “driver” to taxi me wherever I want to go. And of course‚ all these can be shared on facebook
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The Macroeconomics of the Auto Industry Bailout [Type the author name] [Pick the date] The Auto Industry Bailout Detroit‚ Michigan grew up around the automobile industry. At its peak‚ Detroit was the fifth-largest city in the United States‚ becoming the home to over 1.8 million people by 1950 (Davey‚ Monica 2013). The prolific population was due greatly to the success of the auto industry in the city. At that time‚ Detroit was flying high‚ its name coined “The Motor City” (americaslibrary
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demands that morality of action should be determined by duty as well as adherence to certain rules. The individual faces a dilemma on whether to keep promise to the company and fail to disclose the issue or disclose and bear the consequences. The deontological perspective assumes that humans should be treated as objects of intrinsic moral value. However‚ the consequentialist perspective assumes that morality of an action is determined by the specific results of an action‚ in which case the salesman’s
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I have always been one to side with a utilitarian’s point of view‚ such as Mill and Bentham. The greatest happiness of the greatest number‚ or as cold as it may be‚ sacrificing the few for the good of the many. Utilitarian moral theories evaluate the moral worth of action on the basis of happiness that is produced by an action. Whatever produces the most happiness in the most people is the moral course of action. I will give the best arguments against Utilitarianism‚ and show in my own opinion‚ why
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Deontological Paper Marketing products‚ services‚ or even charities to the public has become a very powerful force in our world. Millions of dollars are spent on advertising each year with the goal of increasing revenue for the business or raising awareness of an organization to the public. Pharmaceutical companies bring products to the markets that are intended to help people live better lives. Advertising is a relatively new phenomenon for pharmaceutical companies in the United States. “In
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