Rhetorical Analysis of Information Haves And Have-Nots “Information Haves and Have-Nots” by L. Gordon Crovitz, published in the Wall Street Journal on September 22, 2008, is an opinion piece regarding the cause of the current financial crisis America is facing today. The main focus of the article pertains to Crovitz’s belief that the lack of analysts and information regarding securities has led to the downfall of major firms on Wall Street and in return has put billions of dollars of taxpayers’ money on the line for the bailout. Crovitz points to the argument that many people blame corporate greed for the crisis and in return more regulation is needed, but then goes on to support his argument with clear evidence that shows otherwise.
Jonathan Kozol revealed the early period’s situation of education in American schools in his article Savage Inequalities. It seems like during that period, the inequality existed everywhere and no one had the ability to change it; however, Kozol tried his best to turn around this situation and keep track of all he saw. In the article, he used rhetorical strategies effectively to describe what he saw in that situation, such as pathos, logos and ethos.
The tone during the whole plot of in Brave New World changes when advancing throughout the plot, but it often contains a dark and satiric aspect. Since the novel was originally planned to be written as a satire, the tone is ironic and sarcastic. Huxley's sarcastic tone is most noticeable in the conversations between characters. For instance, when the director was educating the students about the past history, he states that "most facts about the past do sound incredible (Huxley 45)." Through the exaggeration of words in the statement of the director, Huxley's sarcastic tone obviously is portrayed. As a result of this, the satirical tone puts the mood to be carefree.
Stewart unleashed a fury of intense and condemning questions upon Cramer. However, unfortunately for Cramer he functioned as a stand-in for the entire CNBC company and our entire corporatized news media. Stewart used multiple video clips of Cramer in 2006 to prove Cramer was well aware of the “shenanigans” that allowed investment returns to roll in at 30 percent per year, and major institutions leveraging at 35-to-1 for most of the 2000s. This leveraging, in effect, is the one thing that caused the fall of Wall Street and the decline of our retirement portfolios' value. Stewart made that point to Cramer and Cramer could not disagree. The crucial question Stewart asks and we will attempt to answer is, do shows like Cramer’s Mad Money and other CNBC reporters have an ethical responsibility to be critical, investigative journalists? We must first understand the actions taken by each party involved in the housing and banking collapse of 2009 in order to fully comprehend the ethical situation that unfolded. One must first understand the actions taken by each party prior to 2009. Bankers backed by investors, started lending mountains of excess cap...
“A Generation of Slackers? Not So Much” written by Catherine Rampell is an informative article about today’s millennial generation after high school. It provides the reader with a deeper look into young people’s work ethic, or what some to think to be, lack-there-of. The author does a fantastic job using research, credible resources, and statistics to support her belief that Generation Y (children born in the 1980s and 1990s) is no less productive than previous generations. I will admit that before reading this piece, I was one of those who believed that Millennials were in fact the “coddled, disrespectful and narcissistic generation” (Rampell, 2011, para 3). After reading this article, my opinion has changed. It has touched on issues
Jake Clawson Ethical Communication Assignment 2/13/2014. JPMorgan Chase, Bailouts, and Ethics “Too big to fail” is a theory that suggests some financial institutions are so large and so powerful that their failure would be disastrous to the local and global economy, and therefore must be assisted by the government when struggles arise. Supporters of this idea argue that there are some institutions that are so important that they should be the recipients of beneficial financial and economic policies from government. On the other hand, opponents express that one of the main problems that may arise is moral hazard, where a firm that receives gains from these advantageous policies will seek to profit by it, purposely taking positions that are high-risk, high-return, because they are able to leverage these risks based on their given policy. Critics see the theory as counter-productive, and that banks and financial institutions should be left to fail if their risk management is not effective.
Many people today would consider the 2008, United States financial crisis a simple “malfunction” or “mistake”, but it was nothing close to that. Contrary to what many believe, renowned economists and financial advisors regarded the financial crisis of 2007 and 2008 to be the most devastating crisis since the Great Depression of the 1930’s. To make matters worse, the decline in the economy expanded nationwide, resulting in the recession of 2007 to 2009 (Brue). David Einhorn, CEO of GreenHorn Capital, even goes as far as to say "What strikes me the most about the recent credit market crisis is how fast the world is trying to go back to business as usual. In my view, the crisis wasn't an accident. We didn't get unlucky. The crisis came because there have been a lot of bad practices and a lot of bad ideas". The 2007 financial crisis was composed of the fall of many major financial institutions, an unknown increase in mortgage loan defaults, and the derived freezing up of credit availability (Brue). It was the result from risky mortgage loans and falling estate values (Brue) . Additionally, the financial crisis of 2007 was the result of underestimation of risk by faulty insurance securities made to protect holders of mortgage-back securities from risk of default and holders of mortgage-backed securities (Brue). Even to present day, America stills suffers from the aftermaths of the financial crisis.
When looking at a particular discourse community, one can come across a number of genres that are appropriately applied to articles geared toward the discourse community. Looking at the discourse community of the stock market, the two genres that appear the most often are news articles and analysis articles. Both of these genres can be written with an intended audience of either people within the discourse community, or people on the outside of the discourse community. The key point of differentiation, is the language that is used throughout the writing. It can be written using terminology that only people within the discourse community understand, or in a way such that everyone will understand exactly what is meant by the author. In comparing these two genres and two types of audiences, we can better understand exactly how the stock market discourse community is portrayed not only among its insiders, but to everyone else as well.
It is often said that perception outweighs reality and that is often the view of the stock market. News that a certain stock may be on the rise can set off a buying spree, while a tip that one may be on decline might entice people to sell. The fact that no one really knows what is going to happen one way or the other is inconsequential. John Kenneth Galbraith uses the concept of speculation as a major theme in his book The Great Crash 1929. Galbraith’s portrayal of the market before the crash focuses largely on massive speculation of overvalued stocks which were inevitably going to topple and take the wealth of the shareholders down with it. After all, the prices could not continue to go up forever. Widespread speculation was no doubt a major player in the crash, but many other factors were in play as well. While the speculation argument has some merit, the reasons for the collapse and its lasting effects had many moving parts that cannot be explained so simply.
Pollan’s article provides a solid base to the conversation, defining what to do in order to eat healthy. Holding this concept of eating healthy, Joe Pinsker in “Why So Many Rich Kids Come to Enjoy the Taste of Healthier Foods” enters into the conversation and questions the connection of difference in families’ income and how healthy children eat (129-132). He argues that how much families earn largely affect how healthy children eat — income is one of the most important factors preventing people from eating healthy (129-132). In his article, Pinsker utilizes a study done by Caitlin Daniel to illustrate that level of income does affect children’s diet (130). In Daniel’s research, among 75 Boston-area parents, those rich families value children’s healthy diet more than food wasted when children refused to accept those healthier but
The movie trailer “Rio 2”, shows a great deal of pathos, ethos, and logos. These rhetorical appeals are hidden throughout the movie trailer; however, they can be recognized if paying attention to the details and montage of the video. I am attracted to this type of movies due to the positive life messages and the innocent, but funny personifications from the characters; therefore, the following rhetorical analysis will give a brief explanation of the scenes, point out the characteristics of persuasive appeals and how people can be easily persuaded by using this technique, and my own interpretation of the message presented in the trailer.
On April 22, 1998, climate scientists Michael E. Mann, Raymond S. Bradley and Malcolm K. Hughes published an article that received unprecedented attention for a publication of its kind. In their initial piece “Global-Scale Temperature Patterns and Climate Forcing Over the Past Six Centuries,” the authors charted global annual surface temperature patterns for 600 years. As a response to significant interest within the scientific community, the next year they released a paper that reconstructed average temperatures over the entire past millennium. The result of their work is the graph below
As the world advances through the modern age of information and connectivity, having a literate society is crucial to being able to work effectively with the outside world. Jonathan Kozol’s book, The Human Cost of an Illiterate Society, portrays the life of illiterates in the modern world and argues that society has an ethical obligation to fix the problem of illiteracy. Kozol believes that illiteracy has the greatest effect on the education of current and future generations, the way food is consumed and wasted, and various economic costs to both illiterates and those around them. Kozol’s main point throughout his book is that society as a whole needs to face the problem of illiteracy, as not one single group or person can do it on their own.
The Letter from Birmingham Jail was written by Dr. Martin Luther King Jr. in April of 1963. Dr. Martin Luther King Jr. was one of several civil rights activists who were arrested in Birmingham Alabama, after protesting against racial injustices in Alabama. Dr. King wrote this letter in response to a statement titled A Call for Unity, which was published on Good Friday by eight of his fellow clergymen from Alabama. Dr. King uses his letter to eloquently refute the article. In the letter dr. king uses many vivid logos, ethos, and pathos to get his point across. Dr. King writes things in his letter that if any other person even dared to write the people would consider them crazy.
During the 1920s, approximately 20 million Americans took advantage of post-war prosperity by purchasing shares of stock in various securities exchanges. When the stock market crashed in 1929, the fortunes of many investors were lost. In addition, banks lost great sums of money in the Crash because they had invested heavily in the markets. When people feared their banks might not be able to pay back the money that depositors had in their accounts, a “run” on the banking system caused many bank failures. After the crash, public confidence in the market and the economy fell sharply. In response, Congress held hearings to identify the problems and look for solutions; the answer was found in the new SEC. The Commission was established in 1934 to enforce new securities laws that were passed with the Securities Act of 1933 and the Securities Exchange Act of 1934. The two new laws stated that “Companies publicly offering securities must tell the public the truth about their businesses, the securities they are selling and the risks involved in the investing.” Secondly, “People who sell and trade securities must treat investors fairly and honestly, putting investors’ interests first.”2
Eight years ago, the world economy crashed. Jobs were lost, families misplaced, hundreds of thousands of people left shocked and confused as they watched the security of their world fall to pieces around them. In, “The Big Short,” a film directed by Adam McKay and based on the book written by Michael Lewis, viewers get an inside perspective on how the financial crisis of 2008 really happened. Viewers learn the truth about the unethical actions and irrational justifications made by those who unwittingly set the world up for failure. Two main ethically tied decisions are brought into question when watching the film: how could anyone conscionably make the decision to mislead investors by misrepresenting mortgage backed securities (MBS), and why