No Taxation Without Representation On Future Americans

It is a core founding principle of our nation that there will be no taxation without representation. The current fiscal actions of our nation will pass the burden on to future generations, and they will be the ones required to pay for today’s spending. Without a say in this fiscal burden being passed to them, the lack of a balanced budget is in effect, taxation without representation on future Americans. My proposed amendment to the United States Constitution would create a requirement for a balanced national budget each year. This is the most fundamental solution to our nation’s unsustainable debt. There are many reasons for the necessity of this amendment, including the reduced debt, increased investments in our country, heightened national security, and the bolstering of the dollar as the world’s reserve currency. Our nation’s fiscal issues are on a common source of frustration among citizens, so well-known that it was almost anticlimactic when Standard Poor downgraded our credit rating. This downgrading, which occurred in 2011, was a very symbolic blow to what is considered by most as the most powerful economic nation in the world. The credit rating company said that the nation’s debt has made the United States ability to manage its finances â€Å"less stable, less effective, and less predictable† (Washington Post). While many consider this downgrading a political critique of the political leaders of America, it is also a simple political conclusion. The AAA rating theShow MoreRelated1.In The Parliamentary Debate, What Were The Primary Arguments1660 Words   |  7 Pageswhich Americans believed was denying them the Englishman right. The Act was passed on 1765 by the British Government which imposed tax to all American colonists requiring them to pay tax on all printed p apers they used. 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Drivers of Globalisation

Question: Discuss about theDrivers of Globalisation. Answer: Introduction The global presence of the AMC was the driving factor in the acquisition of the process. It was observed that the acquisition process would be beneficial for Wandas global cinema presence to reach in 20% of the world movie theatres by the year 2020 (Cesarani 2014). It was further stated by the CEO of AMC Mr. Lopez stated that both the industries were dedicated in providing a continuous support to the customers and a premier experience to its customers. It was further observed that both the companies were involved in providing an augmented support for the amenities and the state of art facilities to the share corporate are seen as the major motivating factors for the overall innovation process (Vagadia 2012). It was further stated by the CEO of AMC Mr. Lopez that the joint collaboration for both the company would be able to significantly contribution to the expansion process of both the companies and keeping the cost factor to a lower level of Yip model of the globalization factor (No rdensvrd 2013). The main factor in terms of Yips competitive driver was seen in form of Wanda benefitting in the expertise of the home market of the AMC operating on a market five times of the Chinese annual box office sales. The reputable brand of AMC would further provide the necessary amenities to Wanda Cinema Line Corp. in maintain a reputable brand among the entertainment industries (Robertson 2012). As per the expansion program formulated by the YIP, the deals main driving factors was also seen in form of the expansion of the industry in form of the major expansion programs. Hence as per the policies framed in the program it was evident that the deal will be able to bring about major amount of the changes in terms of the taking over of 100% stake in AMC and bearing of the debts and making of the further investment opportunities with $ 500 at AMC. Hence, the acquisition of the major amount of the stake in the AMC is seen as the main factor behind the overall acquisition process (Nordensvrd 2013 ). As per the given case study, it has been further observed that AMC is considered as the second biggest cinema chain in the Northern America and has the highest ticket sales with, with sales of the ticket amounting to more than $ 10 billion. As AMC owns more than 5000, screen and has presence in more than 346 movie theatres, is another contributing factor to the acquisition process. It was further observed that AMC also owned several 3D screens such as IMAX (Vagadia 2012). It was further observed that although the deal was smaller in terms of the rest of the availability of the property at Dalian Wanda Group Corp. Ltd, which includes assets of over $35 billion. Mr Wang Jianlin, the Founder, Chairman and President of Dalian Wanda has significant amount of knowledge in tackling political situation and acquisition of local property. This is directly related to the industry globalisation factor of Government. This will be in turn helpful in US entry in contributing to the licensing an d distributing of the properties in the US market. Reference Cesarani, M., 2014. Competitive Dimension of Outsourcing Relations in Global Networks.Journal of Management,2(4), pp.97-112. Vagadia, B., 2012. Globalisation and Convergence: Drivers and Strategic Outsourcing. InStrategic Outsourcing(pp. 7-19). Springer Berlin Heidelberg. Nordensvrd, J., 2013. The weak human and the saving grace of the welfare state: German pupils perception of future social change and drivers of change.Futures,49, pp.22-34. Robertson, R., 2012. Globalisation or glocalisation?.Journal of International Communication,18(2), pp.191-208.