Atomic Bombing - Essay Example The consequences of nuclear warfare were already foreseen, and as a matter of fact, at the top of its official voice that was publicly aired, in the midst of the heated issue of race for nuclear armaments the US abhorred potential destructions that may be brought by nuclear bombing to people, country and the entire world. Despite this, the US still remained to secretly initiate scientific researchers that would potentially pave the way for better understanding of the atomic bombs. Its actual bombing using this nuclear weapon in Japan had eventually proven to help it win its war with this country. However, it is evident that it simply orchestrated a move that was a bit contradictory to its personal public statement in line with its stand on nuclear warfare and even on the rudimentary issue on the race for nuclear armaments with the Soviet Union and other parts of the world. At this point, it is important to assess such secrecy involved associated with the creation of atomic bombs prior to the actual consecutive bombing in Hiroshima and Nagasaki. Secrets laboratory studies pertaining to atomic bombs in one way or another could be a form of betrayal of public trust on the part of the US. Thus, it could be remarkably observed that the desire of the US to reach its competitive edge over the other seems bred in the bone. The point of keeping the whole thing about atomic bomb exploration secret from the world connotes there must be something the US devised to achieve in the future. In fact, this plan was eventually disclosed when Japan was taken by surprise and shuddered at the possibility that the US eventually created nuclear armaments, enough to destroy the entire world. The whole point is now clear, and there were two possible things that the US simply wanted to share
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12/11/2019 0 Comments APPLIED E BUSINESS Essay Example | Topics and Well Written Essays - 1750 words - 1APPLIED E BUSINESS - Essay Example
ing and Mortgage disclosure Act), according to this new law, it became obligatory for the lenders to disclose their lending procedure to the common public (Squires 7). The year after the passage of HMDA experienced the acceptance of CRA (Community reinvestment Act) because analysis showed that the amount being invested in meager areas was quite low (Ross 44). The Act made it obligatory for the banking institution to provide loans to all the people available in the market; provide the facility of depositing money to limited areas and develop reports regarding the habit of lending and submit the report to the federal body. These reports aided in evaluation of the applicants when these applicants made request for conducting takeovers and amalgamations. The practices made by the Act were not implied on the credit unions as these unions were not as large as the banks of that era. According to the definition of credit unions, these unions are allowed to restrict the amount of money they lend to people sharing similar characteristics such as work and educational institute. The outcome of the CRA act was that there was a sudden increase in the amount borrowed by people living in areas that consist of low to middle income earners. The research conducted by San Francisco Fed showed that the amount of money borrowed by low income earners for the purpose of purchasing homes elevated by 37% during the period of 1993 to 1997 and during the same period, the amount borrowed by middle income earners elevated by 32% (Laderman 2). During the same era, the number of buying and selling offers of home made by lower middle income earners increased by 43% and for low income earners it increased by 43% (Laderman 2). This era even witnessed an increase in the borrowing conducted by high income earners by 17% and middle income earners by 23% (Laderman 2). Those in the favor of the act believed that these achievements were caused due to the act, while during the same period increase in |