Wednesday, June 11, 2014

Earth Day Video


     The film, "A Green Fierce Fire" was about how we have changed our habits and turned our environment into a greener and more environmentally friendly state today. There were two men who saw a whaling boat kill sperm whales. Is was tragic because of how it affected them emotionally, not just because of the killing. There were mass parts of land being taken down by the government. People didn't like this because of the nature the people had right in their own backyard. They wanted clean water as well, because pollution screwed up the water with chemicals in it. It caused a deforming of genes and a lot of people were having genetic mutations forced on their kids which caused an outrage. Eventually they got help, but it took a long time for the government to act.

Some things that I think are wrong with our environment are:

     There is a lot of pollution in Urban America and we can't just lie around letting it take over our water and ruin the future of America. Using filters for water and getting extra help from the government to make sure the food and water we're digesting is good for us can help with pollution.
     Global Warming is still very much a problem and there are many things we can do to help but we really aren't making the grade. There is a lot to be done to save this planet and we need to step it up to make sure we don't have to leave in the future.

Sources:

"Watch Film: A Fierce Green Fire." PBS. PBS, n.d. Web. 24 Apr. 2014. ,

 Whyte, Talia. "Top 10 Environmental Issues Affecting Urban America." The GRIO
     MSNBC, 22 Apr. 2010. Web. 9 May 2014. <http://thegrio.com/2010/04/22/ 
     the-top-ten-environmental-issues-affecting-america/ 
     #s:earth-day-at-40-top-ten-environmental-threats-to-black-america-jpg>. , 

NRDC. National Resources Defense Council, n.d. Web. 9 May 2014. 
     <http://www.nrdc.org/issues/>. 

Summary of The Big Short by Michael Lewis


     The Big Short by Michael Lewis is a description of the scandalous crisis' and banking failures of the stock market in 2008. Michael watches the events unfold as an inexperienced and mostly clueless member of business in the stock market. He takes part in a financial free-for-all as he foresees the inevitable. The subprime mortgage bond market that had been created in the 1990's began to form into a much more complicated debt monster. These packages were meant to support the hold system and create easier financial pathways; But these were not assessed or managed properly, leading to the largest economical disaster since the Depression of 1929.

     Despite the seemingly unpreventable doom, the players of Wall Street soon learned the game. Selling bonds to unknowing victims as safe bets when unbeknownst to them, they were investing in the money makers' traps. The big problem with the banks, etc in '08 and long before was their investment in subprime mortgages. He knew that, but what he didn't know is that one clever fellow took a whole mess of those mortgages, no one knows how many or from what source, bundled them up, called them Collateralized Debt Obligations and sold them on the bond market. In effect, they were betting on a recession and against the banks and their credit laundering services.