Monday, September 16, 2019
ââ¬ÅA Case for Tortureââ¬Â by Michael Levin Essay
ââ¬Å"The Case for Tortureâ⬠by Michael Levin, presents excellent justification for the use of torture in situations of extreme desperation. Levin gives great arguments for the use of torture through clever wording and great exemplification. In supplement to the already great argument, he provides potential counter-arguments and proves why they are invalid. It is made very clear that he believes that torture is morally mandatory and makes great effort to sway the opinion of readers, provided they keep an open mind. Levin presents a great argument and presents the ideas in an organized fashion, but as with many essays, it is not without flaw and could use some minor changes to make this great essay into a incredible essay. The format of the introduction of Levinââ¬â¢s essay is somewhat unusual. It begins with a few powerful statements, but the very first statement violates a rule of literature, inclusion of an unsupported fact. Levin says,â⬠It is generally assumed that torture is impermissible, a throwback to a more brutal age.â⬠Not only is the statement a generalization, he is saying that something is generally assumed, but he does not say whom it is assumed by. So who generally assumes it? It seems it is more of a mistake of wording because he is the one who is assuming that generally people think torture is wrong, therefore the essay should read that way because the last thing one should do is start off on the wrong foot. The essay truly lacks any real lead-in or background. The essay just jumps right into the real issues without introducing them or explaining why it was even written in the first place. The reason for the essay is not the real issue though. The issue is that it lacks background because it doesnââ¬â¢t appear that Levin is actually arguing against another point of view. Last I knew, an argument required two points of view to start with, but as I read the introduction it doesnââ¬â¢t seem he has an opponent to win favor over. Without question it is obvious that the paper is about torture, but the introduction does not introduce the main ideas as clearly as it should introduce them. Upon reading the body of the essay, it also comes off as unfinished. The paragraphs in the essay do not seem to flow together, but rather jump fromà one point to the next. While the paragraphs may be about the same topic overall, the transition between minor points is somewhat abrupt and adds to the essayââ¬â¢s unfinished feel. Another point of interest is Levinââ¬â¢s inclusion of two subtitles; however, the subtitles are not complete. The first subtitle reads, ââ¬Å"Deathâ⬠, but the following paragraph does not discuss death. With ââ¬Å"Deathâ⬠being the subtitle, it seems thatââ¬â¢s what the paragraph would be about. The next and last subtitle reads, ââ¬Å"Idealismâ⬠, and accordingly that is what the following paragraph is about, but why does that paragraph gets a subtitle and the previous do not is a mystery because they are all about something different as they should be. It seems to be another oversight that also adds to the essayââ¬â¢s unfinished quality. Though the essay has its flaws, it is not without strong points. Levinââ¬â¢s great use of examples through hypothetical situations really brings the reader in and aids in his quest to change their point of view. The examples themselves do not make the essay; however, itââ¬â¢s clear they are greatly assisted by the excellent use of vocabulary and clever wording. Levin does a great job of using powerful words, it makes the essay seem more credible and creates a feeling that the writer really knows what heââ¬â¢s talking about. Why that may or may not be the case, it can be said that Levin really knows how to write a good persuasive argument; however, his oversights deduct from what could be an incredible persuasive essay. The overall impression of the essay was good. It seemed the argument itself was well though out, but the actual writing itself was what most needed work. Without a doubt, Levinââ¬â¢s essay presents some very valid facts and they are rather well supported in most cases; however, to make a strong argument you need support on every level. Not only do all the facts need to be organized and well developed, but the writing does as well. As previously stated, it is clear that Levin really knows how to write a good persuasive argument; however, his oversights deduct from what could be an incredible persuasive essay.
Sunday, September 15, 2019
JP Morgan and Bear Stearns Essay
Background In the last three decades, the US banking system has changed its investment procedures and its risk management due to changes in government regulation. Furthermore, external shocks, such as the inflationary period during the 70s and the recession in the 80s, led Banking institutions to alternative ways of investment in order to remain profitable. The average annual inflation rate from 1900 to 1970 was approximately 2.5%. From 1970, however, the average rate hit about 6%, topping out at 13.3% by 1979. This period is also known for ââ¬Å"stagflationâ⬠, a phenomenon in which inflation and unemployment steadily increased. A loose monetary policy led to very low interest rates. Corporations were borrowing large amounts to finance leverage buyouts (LBOs), which led to higher and high interest burden. One of the main instruments used was financial derivatives, which gave Banks additional profit. Moreover, this instruments represented off balance sheet activities, thus helping bank cap ital. Nonetheless, these instruments were risky and could led to enormous losses. In the late 70ââ¬â¢s and early 80ââ¬â¢s saw the rise of a number of financial products such as derivatives, high yield an structured products, which provided lucrative returns for investment banks. Also in the late 1970s, the facilitation of corporate mergers was being hailed as the last gold mine by investment bankers who assumed that Glass-Steagall would someday collapse. At this time we could see the first efforts to loosen Glass-Steagall restrictions and some brokerage firms begin encroaching on banking territory by offering money-market accounts that pay interest, allow check-writing, and offer credit or debit cards. Moreover, in 1974 NOW (Negotiable Order of Withdrawal) accounts were created by a small bank in Massachusetts, offering negotiable orders of withdrawal to permit payments on near-checking accounts at banks. In 1980, they were permitted for all institutions, with rate ceilings eliminate d in 1986. Bear Sterns and crisis As an investment bank, Bear Stearns & Co. had three main operating businesses. The first one was Capital Markets, which included brokerage services, market-making and proprietary trading in both equities and fixed income. Moreover, this Capital Markets business also included investment banking services such as securities issuance and advice on mergers andà acquisitions. Its fixed income business represented the highest contribution to its revenue. The second operating business was Global Clearing Services which included the companyââ¬â¢s well-regarded prime brokerage business. Bear Stearns provided trade execution and securities clearing, custody, lending and financing to hedge funds and broker-dealers as a prime broker. The third operating business was Wealth Management which included Bearââ¬â¢s Private Client Services group, which served high-net worth individuals, and Bear Stearns Asset Management, which managed hedge funds and other investment vehicles. Bear Stearns & Co. was an investment bank, a financial intermediary that performed a variety of services. As an investment bank it specialized in large and complex financial transactions. Its primary regulator was the Securities and Exchange Commission and did not have access to the Federal Reserve discount window, which allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions unlike commercial banks. The main difference between a commercial bank and an investment bank such as Bear Stearns was that while commercial banking involved both taking deposits and making loans that remained on the lenderââ¬â¢s balance sheet, investment banking involved the underwriting of debt and equity securities, buying them from the issuer typically with a syndicate of other firms and then selling them on to investors. Many years ago it was difficult to say whether a bank engaged in commercial activities or investment activities, however, the Congress prohibited investment banking and commercial banking in the same firm in 1993. But in 1999 these laws were modified and some commercial and investment banks consolidated although Bear Stearns as well as other banks such as Goldman Sachs and Lehman Brothers chose not to enter the commercial banking business so as a result they did not have access to the Federal Reserve discount window. FED Chairman Christopher Cox said that Bear Stearns was adequately capitalized ââ¬Å"at all timesâ⬠but facing skeptical lawmakers, Cox acknowledged that the firm had massive liquidity problems and that ââ¬Å"capital is not synonymous with liquidity.â⬠He said the SEC is working with the five biggest Wall Street firms to make sure they increase their liquidity pools andà redouble their focus on risk practices. On March 13, he indicated that liquidity at Bea r Stearns fell from $12.4 billion to $2 billion because of ââ¬Å"the complete evaporation of confidenceâ⬠in the company. Considering Mr. Coxââ¬â¢s statements, we ask ourselves if all well-capitalized financial institutions are vulnerable to crisis periods. In order to arrive to a conclusion in this matter we have considered a well-capitalized as a firm with a healthy liquidity status. From our point of view, we consider that some financial institutions, such as big investment banks, are so important to the global economy that should they fall, the repercussions would be too fatal and governments would be forced to intervene and rescue them in order to keep the economy from collapsing. This is the reason why the term ââ¬Å"to big to failâ⬠arose. In spite of this, as Nassim Nicholas Taleb said, we could face a ââ¬Å"black swan caseâ⬠, which refers to an event, positive or negative, that is deemed improbable yet causes massive consequences. Bearââ¬â¢s activities were financed with a mix of long term debt, equity, and financing collateralized with securities from Bearââ¬â¢s inventory. Besides this, Bearââ¬â¢s trading business required the investment bank to constantly hold an inventory of securities; these securities were used as collateral for short term borrowing agreements known as repurchase agreements (repos). If we compare Bear with other financial institutions like, for example, Leman Brothers, Merrill or Morgan Stanley we can easily see that those companies had much more weight in liquidity than Bear Stearns. It was below those three in repo financing and repo lending too. Specifically, Merrill Lynch had total liquidity of 181.9 while Bearn Stearns had 35.3 and total liquidity as percentage of repo financing was 77% in Merrill and 345 in Bearn Stearns. Bear Stearns nearly collapsed not once but twice before the cash-strapped brokerage firm was rescued. The leverage suffered by Bear Stearns at that time increased the risk of becoming bankrupt. This was because, with a big leverage, losses are larger and can consume the firmââ¬â¢s entire equity to the point where the book value of the company is zero or even negative. In the worst case scenario, Bearn Stearns, being counterpart for many repo agreements and other financial instruments could result in default on their payments, which is why it ended up being rescued. By knowing this facts we can tell that the firmââ¬â¢s value would indeed be negatively affected by a potential bankruptcy. Valuation To give a price to pay for Bear Stearnsââ¬â¢ ongoing businesses we have to use a valuation method. Being unable to perform an adequate due diligence we are not going to be able to know the actual risk of many of the assets, and therefore unable to use the real value. For this reason, the valuation method we are going to use is the Book Value per Share, which by definition indicates the remaining value of a company for its shareholders, should it dissolve, which is quite similar to the process Bear Stearns is going through. To find the book value, we have to take the total shareholder equity and subtract from it all preferred equity. In order to do so, we have to take a look at the balance sheet, provided in the Exhibit 2, where we can find the unaudited balance sheet for the Q1 2008. There we can see that Total Stockholdersââ¬â¢ Equity in that period was $11,896 million. From that equity we have to subtract the preferred stock, which is $352 million. 11544 Doing so we obtain a value of $11,544 million, which divided by the number of total shares outstanding should give us the book value per share of the company. Looking at the balance sheet, we can see that it gives the outstanding shares. We have 500,000,000 shares authorized as of November 30, 2007 and 2006; 184,805,847 shares issued as of November 30, 2007 and 2006. We can see it better this way: Nov. 30, 2007 Nov. 30, 2006 Authorized 500,000,000 500,000,000 Issued 184,805,847 184,805,847 This makes a total of 1,369,611,694 shares. But the company also has Treasury stock, it has repurchased some of the shares it had previously issued. It says that the treasury stock is composed of common stock: 71,807,227 and 67,396,876 shares as of November 30, 2007 and 2006, respectively. This means that the company has bought, in total, 139,204,103 shares. Subtracting theà value to the issued and authorized shares, we have the total number of outstanding shares. So, to find the Book Value per share, we divide the $11,544 million of equity by the 1,230,407,591 shares, turning to be $9.38 per share, very close to the price JP Morgan ended up paying. However, I would say this value is too high, due to the great amount of uncertainty regarding the exposition of Bear Stearns to the MBS market and the great illiquidity risk it is facing.
Saturday, September 14, 2019
The Lost Symbol Chapter 119-121
CHAPTER 119 In the chamber at the top of the House of the Temple, the one who called himself Mal'akh stood before the great altar and gently massaged the virgin skin atop his head. Verbum significatium, he chanted in preparation. Verbum omnificum. The final ingredient had been found at last. The most precious treasures are often the simplest. Above the altar, wisps of fragrant smoke now swirled, billowing up from the censer. The suffumigations ascended through the shaft of moonlight, clearing a channel skyward through which a liberated soul could travel freely. The time had come. Mal'akh retrieved the vial of Peter's darkened blood and uncorked it. With his captive looking on, he dipped the nib of the crow's feather into the crimson tincture and raised it to the sacred circle of flesh atop his head. He paused a moment . . . thinking of how long he had waited for this night. His great transformation was finally at hand. When the Lost Word is written on the mind of man, he is then ready to receive unimaginable power. Such was the ancient promise of apotheosis. So far, mankind had been unable to realize that promise, and Mal'akh had done what he could to keep it that way. With a steady hand, Mal'akh touched the nib of the feather to his skin. He needed no mirror, no assistance, only his sense of touch, and his mind's eye. Slowly, meticulously, he began inscribing the Lost Word inside the circular ouroboros on his scalp. Peter Solomon looked on with an expression of horror. When Mal'akh finished, he closed his eyes, set down the feather, and let the air out of his lungs entirely. For the first time in his life, he felt a sensation he had never known. I am complete. I am at one. Mal'akh had worked for years on the artifact that was his body, and now, as he neared his moment of final transformation, he could feel every line that had ever been inscribed on his flesh. I am a true masterpiece. Perfect and complete. ââ¬Å"I gave you what you asked for.â⬠Peter's voice intruded. ââ¬Å"Send help to Katherine. And stop that file.â⬠Mal'akh opened his eyes and smiled. ââ¬Å"You and I are not quite finished.â⬠He turned to the altar and picked up the sacrificial knife, running his finger across the sleek iron blade. ââ¬Å"This ancient knife was commissioned by God,â⬠he said, ââ¬Å"for use in a human sacrifice. You recognized it earlier, no?â⬠Solomon's gray eyes were like stone. ââ¬Å"It is unique, and I've heard the legend.â⬠ââ¬Å"Legend? The account appears in Holy Scripture. You don't believe it's true?â⬠Peter just stared. Mal'akh had spent a fortune locating and obtaining this artifact. Known as the Akedah knife, it had been crafted over three thousand years ago from an iron meteorite that had fallen to earth. Iron from heaven, as the early mystics called it. It was believed to be the exact knife used by Abraham at the Akedahââ¬âthe near sacrifice of his son Isaac on Mount Moriahââ¬âas depicted in Genesis. The knife's astounding history included possession by popes, Nazi mystics, European alchemists, and private collectors. They protected and admired it, Mal'akh thought, but none dared unleash its true power by using it for its real purpose. Tonight, the Akedah knife would fulfill its destiny. The Akedah had always been sacred in Masonic ritual. In the very first degree, Masons celebrated ââ¬Å"the most august gift ever offered to God . . . the submission of Abraham to the volitions of the supreme being by proffering Isaac, his firstborn . . .â⬠The weight of the blade felt exhilarating in Mal'akh's hand as he crouched down and used the freshly sharpened knife to sever the ropes binding Peter to his wheelchair. The bonds fell to the floor. Peter Solomon winced in pain as he attempted to shift his cramped limbs. ââ¬Å"Why are you doing this to me? What do you think this will accomplish?â⬠ââ¬Å"You of all people should understand,â⬠Mal'akh replied. ââ¬Å"You study the ancient ways. You know that the power of the mysteries relies on sacrifice . . . on releasing a human soul from its body. It has been this way since the beginning.â⬠ââ¬Å"You know nothing of sacrifice,â⬠Peter said, his voice seething with pain and loathing. Excellent, Mal'akh thought. Feed your hatred. It will only make this easier. Mal'akh's empty stomach growled as he paced before his captive. ââ¬Å"There is enormous power in the shedding of human blood. Everyone understood that, from the early Egyptians, to the Celtic Druids, to the Chinese, to the Aztecs. There is magic in human sacrifice, but modern man has become weak, too fearful to make true offerings, too frail to give the life that is required for spiritual transformation. The ancient texts are clear, though. Only by offering what is most sacred can man access the ultimate power.â⬠ââ¬Å"You consider me a sacred offering?â⬠Mal'akh now laughed out loud. ââ¬Å"You really don't understand yet, do you?â⬠Peter gave him an odd look. ââ¬Å"Do you know why I have a deprivation tank in my home?â⬠Mal'akh placed his hands on his hips and flexed his elaborately decorated body, which was still covered only by a loincloth. ââ¬Å"I have been practicing . . . preparing . . . anticipating the moment when I am only mind . . . when I am released from this mortal shell . . . when I have offered up this beautiful body to the gods in sacrifice. I am the precious one! I am the pure white lamb!â⬠Peter's mouth fell open but no words came out. ââ¬Å"Yes, Peter, a man must offer to the gods that which he holds most dear. His purest white dove . . . his most precious and worthy offering. You are not precious to me. You are not a worthy offering.â⬠Mal'akh glared at him. ââ¬Å"Don't you see? You are not the sacrifice, Peter . . . I am. Mine is the flesh that is the offering. I am the gift. Look at me. I have prepared, made myself worthy for my final journey. I am the gift!â⬠Peter remained speechless. ââ¬Å"The secret is how to die,â⬠Mal'akh now said. ââ¬Å"Masons understand that.â⬠He pointed to the altar. ââ¬Å"You revere the ancient truths, and yet you are cowards. You understand the power of sacrifice and yet you keep a safe distance from death, performing your mock murders and bloodless death rituals. Tonight, your symbolic altar will bear witness to its true power . . . and its actual purpose.â⬠Mal'akh reached down and grasped Peter Solomon's left hand, pressing the handle of the Akedah knife into his palm. The left hand serves the darkness. This, too, had been planned. Peter would have no choice in the matter. Mal'akh could fathom no sacrifice more potent and symbolic than one performed on this altar, by this man, with this knife, plunged into the heart of an offering whose mortal flesh was wrapped like a gift in a shroud of mystical symbols. With this offering of self, Mal'akh would establish his rank in the hierarchy of demons. Darkness and blood were where the true power lay. The ancients knew this, the Adepts choosing sides consistent with their individual natures. Mal'akh had chosen sides wisely. Chaos was the natural law of the universe. Indifference was the engine of entropy. Man's apathy was the fertile ground in which the dark spirits tended their seeds. I have served them, and they will receive me as a god. Peter did not move. He simply stared down at the ancient knife gripped in his hand. ââ¬Å"I will you,â⬠Mal'akh taunted. ââ¬Å"I am a willing sacrifice. Your final role has been written. You will transform me. You will liberate me from my body. You will do this, or you will lose your sister and your brotherhood. You will truly be all alone.â⬠He paused, smiling down at his captive. ââ¬Å"Consider this your final punishment.â⬠Peter's eyes rose slowly to meet Mal'akh's. ââ¬Å"Killing you? A punishment? Do you think I will hesitate? You murdered my son. My mother. My entire family.â⬠ââ¬Å"No!â⬠Mal'akh exploded with a force that startled even himself. ââ¬Å"You are wrong! I did not murder your family! You did! It was you who made the choice to leave Zachary in prison! And from there, the wheels were in motion! You killed your family, Peter, not me!â⬠Peter's knuckles turned white, his fingers clenching the knife in rage. ââ¬Å"You know nothing of why I left Zachary in prison.â⬠ââ¬Å"I know everything!â⬠Mal'akh fired back. ââ¬Å"I was there. You claimed you were trying to help him. Were you trying to help him when you offered him the choice between wealth or wisdom? Were you trying to help him when you gave him the ultimatum to join the Masons? What kind of father gives a child the choice between `wealth or wisdom' and expects him to know how to handle it! What kind of father leaves his own son in a prison instead of flying him home to safety!â⬠Mal'akh now moved in front of Peter and crouched down, placing his tattooed face only inches from his face. ââ¬Å"But most important . . . what kind of father can look his own son in the eyes . . . even after all these years . . . and not even recognize him!â⬠Mal'akh's words echoed for several seconds in the stone chamber. Then silence. In the abrupt stillness, Peter Solomon seemed to have been jolted from his trance. His face clouded now with a visage of total incredulity. Yes, Father. It's me. Mal'akh had waited years for this moment . . . to take revenge on the man who had abandoned him . . . to stare into those gray eyes and speak the truth that had been buried all these years. Now the moment was here, and he spoke slowly, longing to watch the full weight of his words gradually crush Peter Solomon's soul. ââ¬Å"You should be happy, Father. Your prodigal son has returned.â⬠Peter's face was now as pale as death. Mal'akh savored every moment. ââ¬Å"My own father made the decision to leave me in prison . . . and in that instant, I vowed that he had rejected me for the last time. I was no longer his son. Zachary Solomon ceased to exist.â⬠Two glistening teardrops welled suddenly in his father's eyes, and Mal'akh thought they were the most beautiful thing he had ever seen. Peter choked back tears, staring up at Mal'akh's face as if seeing him for the very first time. ââ¬Å"All the warden wanted was money,â⬠Mal'akh said, ââ¬Å"but you refused. It never occurred to you, though, that my money was just as green as yours. The warden did not care who paid him, only that he was paid. When I offered to pay him handsomely, he selected a sickly inmate about my size, dressed him in my clothes, and beat him beyond all recognition. The photos you saw . . . and the sealed casket you buried . . . they were not mine. They belonged to a stranger.â⬠Peter's tear-streaked face contorted now with anguish and disbelief. ââ¬Å"Oh my God . . . Zachary.â⬠ââ¬Å"Not anymore. When Zachary walked out of prison, he was transformed.â⬠His adolescent physique and childlike face had drastically mutated when he flooded his young body with experimental growth hormones and steroids. Even his vocal cords had been ravaged, transforming his boyish voice into a permanent whisper. Zachary became Andros. Andros became Mal'akh. And tonight . . . Mal'akh will become his greatest incarnation of all. At that moment in Kalorama Heights, Katherine Solomon stood over the open desk drawer and gazed down at what could be described only as a fetishist's collection of old newspaper articles and photographs. ââ¬Å"I don't understand,â⬠she said, turning to Bellamy. ââ¬Å"This lunatic was obviously obsessed with my family, butââ¬âââ¬Å" ââ¬Å"Keep going . . .â⬠urged Bellamy, taking a seat and still looking deeply shaken. Katherine dug deeper into the newspaper articles, every one of which related to the Solomon familyââ¬âPeter's many successes, Katherine's research, their mother Isabel's terrible murder, Zachary Solomon's widely publicized drug use, incarceration, and brutal murder in a Turkish prison. The fixation this man had on the Solomon family was beyond fanatical, and yet Katherine saw nothing yet to suggest why. It was then that she saw the photographs. The first showed Zachary standing knee-deep in azure water on a beach dotted with whitewashed houses. Greece? The photo, she assumed, could have been taken only during Zach's freewheeling drug days in Europe. Strangely, though, Zach looked healthier than he did in the paparazzi shots of an emaciated kid partying with the drug crowd. He looked more fit, stronger somehow, more mature. Katherine never recalled him looking so healthy. Puzzled, she checked the date stamp on the photo. But that's . . . impossible. The date was almost a full year after Zachary had died in prison. Suddenly Katherine was flipping desperately through the stack. All of the photos were of Zachary Solomon . . . gradually getting older. The collection appeared to be some kind of pictorial autobiography, chronicling a slow transformation. As the pictures progressed, Katherine saw a sudden and dramatic change. She looked on in horror as Zachary's body began mutating, his muscles bulging, and his facial features morphing from the obvious heavy use of steroids. His frame seemed to double in mass, and a haunting fierceness crept into his eyes. I don't even recognize this man! He looked nothing like Katherine's memories of her young nephew. When she reached a picture of him with a shaved head, she felt her knees begin to buckle. Then she saw a photo of his bare body . . . adorned with the first traces of tattoos. Her heart almost stopped. ââ¬Å"Oh my God . . .â⬠CHAPTER 120 ââ¬Å"Right turn!â⬠Langdon shouted from the backseat of the commandeered Lexus SUV. Simkins swerved onto S Street and gunned the vehicle through a tree-lined residential neighborhood. As they neared the corner of Sixteenth Street, the House of the Temple rose like a mountain on the right. Simkins stared up at the massive structure. It looked like someone had built a pyramid on top of Rome's Pantheon. He prepared to turn right on Sixteenth toward the front of the building. ââ¬Å"Don't turn!â⬠Langdon ordered. ââ¬Å"Go straight! Stay on S!â⬠Simkins obeyed, driving alongside the east side of the building. ââ¬Å"At Fifteenth,â⬠Langdon said, ââ¬Å"turn right!â⬠Simkins followed his navigator, and moments later, Langdon had pointed out a nearly invisible, unpaved access road that bisected the gardens behind the House of the Temple. Simkins turned in to the drive and gunned the Lexus toward the rear of the building. ââ¬Å"Look!â⬠Langdon said, pointing to the lone vehicle parked near the rear entrance. It was a large van. ââ¬Å"They're here.â⬠Simkins parked the SUV and killed the engine. Quietly, everyone got out and prepared to move in. Simkins stared up at the monolithic structure. ââ¬Å"You say the Temple Room is at the top?â⬠Langdon nodded, pointing all the way to the pinnacle of the building. ââ¬Å"That flat area on top of the pyramid is actually a skylight.â⬠Simkins spun back to Langdon. ââ¬Å"The Temple Room has a skylight?â⬠Langdon gave him an odd look. ââ¬Å"Of course. An oculus to heaven . . . directly above the altar.â⬠The UH-60 sat idling at Dupont Circle. In the passenger seat, Sato gnawed at her fingernails, awaiting news from her team. Finally, Simkins's voice crackled over the radio. ââ¬Å"Director?â⬠ââ¬Å"Sato here,â⬠she barked. ââ¬Å"We're entering the building, but I have some additional recon for you.â⬠ââ¬Å"Go ahead.â⬠ââ¬Å"Mr. Langdon just informed me that the room in which the target is most likely located has a very large skylight.â⬠Sato considered the information for several seconds. ââ¬Å"Understood. Thank you.â⬠Simkins signed off. Sato spit out a fingernail and turned to the pilot. ââ¬Å"Take her up.â⬠CHAPTER 121 Like any parent who had lost a child, Peter Solomon had often imagined how old his boy would be now . . . what he would look like . . . and what he would have become. Peter Solomon now had his answers. The massive tattooed creature before him had begun life as a tiny, precious infant . . . baby Zach curled up in a wicker bassinette . . . taking his first fumbling steps across Peter's study . . . learning to speak his first words. The fact that evil could spring from an innocent child in a loving family remained one of the paradoxes of the human soul. Peter had been forced to accept early on that although his own blood flowed in his son's veins, the heart pumping that blood was his son's own. Unique and singular . . . as if randomly chosen from the universe. My son . . . he killed my mother, my friend Robert Langdon, and possibly my sister. An icy numbness flooded Peter's heart as he searched his son's eyes for any connection . . . anything familiar. The man's eyes, however, although gray like Peter's, were those of a total stranger, filled with a hatred and a vengefulness that were almost otherworldly. ââ¬Å"Are you strong enough?â⬠his son taunted, glancing at the Akedah knife gripped in Peter's hand. ââ¬Å"Can you finish what you started all those years ago?â⬠ââ¬Å"Son . . .â⬠Solomon barely recognized his own voice. ââ¬Å"I . . . I loved . . . you.â⬠ââ¬Å"Twice you tried to kill me. You abandoned me in prison. You shot me on Zach's bridge. Now finish it!â⬠For an instant, Solomon felt like he was floating outside his own body. He no longer recognized himself. He was missing a hand, was totally bald, dressed in a black robe, sitting in a wheelchair, and clutching an ancient knife. ââ¬Å"Finish it!â⬠the man shouted again, the tattoos on his naked chest rippling. ââ¬Å"Killing me is the only way you can save Katherine . . . the only way to save your brotherhood!â⬠Solomon felt his gaze move to the laptop and cellular modem on the pigskin chair. SENDING MESSAGE: 92% COMPLETE His mind could not shake the images of Katherine bleeding to death . . . or of his Masonic brothers. ââ¬Å"There is still time,â⬠the man whispered. ââ¬Å"You know it's the only choice. Release me from my mortal shell.â⬠ââ¬Å"Please,â⬠Solomon said. ââ¬Å"Don't do this . . .â⬠ââ¬Å"You did this!â⬠the man hissed. ââ¬Å"You forced your child to make an impossible choice! Do you remember that night? Wealth or wisdom? That was the night you pushed me away forever. But I've returned, Father . . . and tonight it is your turn to choose. Zachary or Katherine? Which will it be? Will you kill your son to save your sister? Will you kill your son to save your brotherhood? Your country? Or will you wait until it's too late? Until Katherine is dead . . . until the video is public . . . until you must live the rest of your life knowing you could have stopped these tragedies. Time is running out. You know what must be done.â⬠Peter's heart ached. You are not Zachary, he told himself. Zachary died long, long ago. Whatever you are . . . and wherever you came from . . . you are not of me. And although Peter Solomon did not believe his own words, he knew he had to make a choice. He was out of time. Find the Grand Staircase! Robert Langdon dashed through darkened hallways, winding his way toward the center of the building. Turner Simkins remained close on his heels. As Langdon had hoped, he burst out into the building's main atrium. Dominated by eight Doric columns of green granite, the atrium looked like a hybrid sepulcherââ¬â Greco-Roman-Egyptianââ¬âwith black marble statues, chandelier fire bowls, Teutonic crosses, double-headed phoenix medallions, and sconces bearing the head of Hermes. Langdon turned and ran toward the sweeping marble staircase at the far end of the atrium. ââ¬Å"This leads directly to the Temple Room,â⬠he whispered as the two men ascended as quickly and quietly as possible. On the first landing, Langdon came face-to-face with a bronze bust of Masonic luminary Albert Pike, along with the engraving of his most famous quote: WHAT WE HAVE DONE FOR OURSELVES ALONE DIES WITH US; WHAT WE HAVE DONE FOR OTHERS AND THE WORLD REMAINS AND IS IMMORTAL. Mal'akh had sensed a palpable shift in the atmosphere of the Temple Room, as if all the frustration and pain Peter Solomon had ever felt was now boiling to the surface . . . focusing itself like a laser on Mal'akh. Yes . . . it is time. Peter Solomon had risen from his wheelchair and was standing now, facing the altar, gripping the knife. ââ¬Å"Save Katherine,â⬠Mal'akh coaxed, luring him toward the altar, backing up, and finally laying his own body down on the white shroud he had prepared. ââ¬Å"Do what you need to do.â⬠As if moving through a nightmare, Peter inched forward. Mal'akh reclined fully now onto his back, gazing up through the oculus at the wintry moon. The secret is how to die. This moment could not be any more perfect. Adorned with the Lost Word of the ages, I offer myself by the left hand of my father. Mal'akh drew a deep breath. Receive me, demons, for this is my body, which is offered for you. Standing over Mal'akh, Peter Solomon was trembling. His tear-soaked eyes shone with desperation, indecision, anguish. He looked one last time toward the modem and laptop across the room. ââ¬Å"Make the choice,â⬠Mal'akh whispered. ââ¬Å"Release me from my flesh. God wants this. You want this.â⬠He laid his arms at his side and arched his chest forward, offering up his magnificent double-headed phoenix. Help me shed the body that clothes my soul. Peter's tearful eyes seemed to be staring through Mal'akh now, not even seeing him. ââ¬Å"I killed your mother!â⬠Mal'akh whispered. ââ¬Å"I killed Robert Langdon! I'm murdering your sister! I'm destroying your brotherhood! Do what you have to do!â⬠Peter Solomon's visage now contorted into a mask of absolute grief and regret. He threw his head back and screamed in anguish as he raised the knife. Robert Langdon and Agent Simkins arrived breathless outside the Temple Room doors as a bloodcurdling scream erupted from within. It was Peter's voice. Langdon was certain. Peter's cry was one of absolute agony. I'm too late! Ignoring Simkins, Langdon seized the handles and yanked open the doors. The horrific scene before him confirmed his worst fears. There, in the center of the dimly lit chamber, the silhouette of a man with a shaved head stood at the great altar. He wore a black robe, and his hand was clutching a large blade. Before Langdon could move, the man was driving the knife down toward the body that lay outstretched on the altar. Mal'akh had closed his eyes. So beautiful. So perfect. The ancient blade of the Akedah knife had glinted in the moonlight as it arched over him. Scented wisps of smoke had spiraled upward above him, preparing a pathway for his soon-to-be- liberated soul. His killer's lone scream of torment and desperation still rang through the sacred space as the knife came down. I am besmeared with the blood of human sacrifice and parents' tears. Mal'akh braced for the glorious impact. His moment of transformation had arrived. Incredibly, he felt no pain. A thunderous vibration filled his body, deafening and deep. The room began shaking, and a brilliant white light blinded him from above. The heavens roared. And Mal'akh knew it had happened. Exactly as he had planned. Langdon did not remember sprinting toward the altar as the helicopter appeared overhead. Nor did he remember leaping with his arms out-stretched . . . soaring toward the man in the black robe . . . trying desperately to tackle him before he could plunge the knife down a second time. Their bodies collided, and Langdon saw a bright light sweep down through the oculus and illuminate the altar. He expected to see the bloody body of Peter Solomon on the altar, but the naked chest that shone in the light had no blood on it at all . . . only a tapestry of tattoos. The knife lay broken beside him, apparently having been driven into the stone altar rather than into flesh. As he and the man in the black robe crashed together onto the hard stone floor, Langdon saw the bandaged nub on the end of the man's right arm, and he realized to his bewilderment that he had just tackled Peter Solomon. As they slid together across the stone floor, the helicopter's searchlights blazed down from above. The chopper thundered in low, its skids practically touching the expansive wall of glass. On the front of the helicopter, a strange-looking gun rotated, aiming downward through the glass. The red beam of its laser scope sliced through the skylight and danced across the floor, directly toward Langdon and Solomon. No! But there was no gunfire from above . . . only the sound of the helicopter blades. Langdon felt nothing but an eerie ripple of energy that shimmered through his cells. Behind his head, on the pigskin chair, the laptop hissed strangely. He spun in time to see its screen suddenly flash to black. Unfortunately, the last visible message had been clear. SENDING MESSAGE: 100% COMPLETE Pull up! Damn it! Up! The UH-60 pilot threw his rotors into overdrive, trying to keep his skids from touching any part of the large glass skylight. He knew the six thousand pounds of lift force that surged downward from his rotors was already straining the glass to its breaking point. Unfortunately, the incline of the pyramid beneath the helicopter was efficiently shedding the thrust sideways, robbing him of lift. Up! Now! He tipped the nose, trying to skim away, but the left strut hit the center of the glass. It was only for an instant, but that was all it took. The Temple Room's massive oculus exploded in a swirl of glass and wind . . . sending a torrent of jagged shards plummeting into the room below. Stars falling from heaven. Mal'akh stared up into the beautiful white light and saw a veil of shimmering jewels fluttering toward him . . . accelerating . . . as if racing to shroud him in their splendor. Suddenly there was pain. Everywhere. Stabbing. Searing. Slashing. Razor-sharp knives piercing soft flesh. Chest, neck, thighs, face. His body tightened all at once, recoiling. His blood-filled mouth cried out as the pain ripped him from his trance. The white light above transformed itself, and suddenly, as if by magic, a dark helicopter was suspended above him, its thundering blades driving an icy wind down into the Temple Room, chilling Mal'akh to the core and dispersing the wisps of incense to the distant corners of the room. Mal'akh turned his head and saw the Akedah knife lying broken by his side, smashed upon the granite altar, which was covered in a blanket of shattered glass. Even after everything I did to him . . . Peter Solomon averted the knife. He refused to spill my blood. With welling horror, Mal'akh raised his head and peered down along the length of his own body. This living artifact was to have been his great offering. But it lay in tatters. His body was drenched in blood . . . huge shards of glass protruding from his flesh in all directions. Weakly, Mal'akh lowered his head back to the granite altar and stared up through the open space in the roof. The helicopter was gone now, in its place a silent, wintry moon. Wide-eyed, Mal'akh lay gasping for breath . . . all alone on the great altar.
Friday, September 13, 2019
Controversies in Organ Trade Essay Example | Topics and Well Written Essays - 1000 words - 1
Controversies in Organ Trade - Essay Example The author of the paper states that since health and money are two of the major considerations in life, the rich but sickly individual may be willing to buy an organ being sold in order to survive, while the poor having normal health would be willing to sell his body organ in return for a reasonable amount of money also for survival, given that eitherââ¬â¢s lives will not be put into high risk of harm. This argument may be viewed as a win-win situation by the proponents of organ trade while the oppositions, in contrast, may view this as a form of human exploitation. While commercialization of human organ is still illegal, the number of individuals waiting for organ transplant will continue to rise due to shortage of donors. To begin with, the legality of organ donation was honored in 1984 when the U.S. Congress passed the National Organ Transplant Act or NOTA in an effort to strengthen the nationââ¬â¢s ability to provide organs for transplant (Greussner and Benedetti 16). The N OTA strictly prohibits the commercial enterprise (buying/selling) in organ transplantation and provides protection and safety for the living donors (Greussner and Benedetti 17). In the U.S., as well as in all other countries, organ trafficking for profit is illegal, except in Iran (Cholia). With the ethical aspect, the net positive balance between recipient risk/benefit and donor risk/benefit justifies the use of living donors for organ transplantation (Greussner and Benedetti 17). Furthermore, the importance of organ donation is no longer debatable as it has already been proven that organ transplantation saves life. The need for solid organ transplantation has rapidly expanded beyond the supply of available organ donors and the most of which are in need of kidney transplant (Gruessner and Benedetti 16). The Organ Procurement Transplantation Network or OPTN showed 26,218 successful transplants and 13,252 donors from January to November 2010. Base on the above figures, it can be noti ced that the number of donors is just slightly above 10% of the total number of individuals waiting for donated organ transplants. In spite of the various promotional efforts by the authorities in-charged in organ donation, the reluctance of the people to voluntarily donate their body organs still remains. Could it be the lack of compensatory return that is worthy for the risk the donors will be taking? Because of this imbalance issues in the scheme of voluntarism for organ donation, some people in great need resorted to opt in the black market where there is greater access for organs from persons who are willing to provide healthy organs in exchange for money. Suddath and A. Altman presented the existence of organ black market when Levy Izhak Rosenbaum, a New York City resident, was accused to orchestrate the sale of a human kidney for $160,000. They added that most sales take place in developing countries, where a kidney can often be purchased for the price of a high-end TV. The W orld Health Organization also stated that through the purchase and sale of transplant organs from live donors are prohibited in many countries, the shortage of an indigenous supply of organs has led to the development of the international organ trade, where potential recipients travel abroad to obtain organs through commercial transactions (Shimazono).Ã
Thursday, September 12, 2019
Nevada week in Review Essay Example | Topics and Well Written Essays - 500 words
Nevada week in Review - Essay Example There has been a rising concern on the amount of money and contributions that these particular groups are raising towards campaigns. The contribution caps may have to be limited to enable greater influence of various groups in the political arena. The current period is important since majority of the politicians are going to their grass roots to seek for voter support and confidence. The existing campaign finance reforms stipulate that the government provide a specified amount of money to aid in the campaign process. It is always important for the special interest groups to contribute to a certain specified limit to give the relevant reform various grounds for debate (VegasPBS). When the special interest groups through their contributions are able to compensate the money channeled towards campaigns, the topic will always remain pending. It is because the money will be though t to be enough. The United States of America is a country that is marked with diverse races. Majority of the people belonging to a different race are in the United States for various reasons. Some are there because they are seeking permanent citizenship while others are there because of work related activities. It is always a basic fact that the voice of such individuals heard since it creates a diversity and opinion about what the diaspora things about the political leaders in the United St ates. Politics in the United States is governed by various acts and clauses found in the constitution of the United States. The existence of peace in the region promotes the development of a good political environment where performance charts and indexes accessibility and previews are available. These presentations are useful components that the citizens adopt to give them the freedom to choose whom they prefer their leaders should be. In my opinion, the voting and election process should be a free and fair exercise.
Wednesday, September 11, 2019
Al Qaeda and the US Strategy for Combating Terrorism Assignment
Al Qaeda and the US Strategy for Combating Terrorism - Assignment Example Gallaherââ¬â¢s take on this issue of patriot movement is that of several stages, but he clarifies that it has no clear indication on the point in time when it occurred first. There are two major themes that stand out in this issue despite there being a misunderstanding between scholars and political analysts. The themes are; firstly, the origin of the movement is related directly to the current destruction of the welfare of the modern state particularly in the rural areas of America. The other is the political economyââ¬â¢s formation of the groups that mobilize themselves for movements. A series of movements have happened like in the 1790s, there were whiskey rebels, like in Kentucky, Pennsylvania, North Carolina, and Ohio. Patriot movement is said to have first emerged in the legacy of Rooseveltââ¬â¢s deal that occurred between the state and producers and the subsequent fallout. Informants have on several occasions cited the New Deal by Roosevelt as the beginning of the pro blems that currently exist in America. One of the cases that may have come from this deal is the Agricultural Adjustment Act (AAA) Movements that were antigovernment continued to escalate. The magnitude of the patriot movement organizations increased a big deal and in accordance to Wright, the number of groups for the patriot movement rose from 224 in the year 1995 to a high number of 858 in 1996. However, after the year 1996, there was a steady decline from this number of 858 to as low as 194 groups in the early 2000s. Arresting of group leaders is highly seen to be the cause of the decline. (Wright, 2007 p202)à There are extremist pools that are still in existence which include remaining parts of racial supremacist communities, patriot movements, and other newer movements. They have proliferated antigovernment movements as well as theories of racial conspiracy. There are publications that exist like, ââ¬Å"The Turner Diaries and the Myth of the Six Millionâ⬠that still co ntinue to bring about anti-semantic extremism and racial extremism as well. (Buxton and Provenzo, 2010 p316) In the USA, there exists hate-mongering kind of groups of reform and extreme right seeking. There are quite a good number of Dissident Right Social types of movements such as patriot movements and religious groups like the Christian movement. The Extreme Right Dissident Right movements have been considered the same by scholars. Racism movements are grouped under Extreme Right movements. Patriotic movements and armed citizenà militias are included under the same kind of movements; Dissident Right movements for social purposes and thus patriotic movements could breed terrorism. (Berlet, 2011) In the USA the Nazi group is not a new thing since they were there in the 1920s. They were part of the NSGWP (National Socialist German Workers Party) of the US. It also merged with another Tentomia society so as to come up with German-American Bund. They (these groups) got to higher lev els of popularity in the 1930s which was rather considered controversial. They faded during the times of the Second World War. They were abandoned due to the forced dismantling of the same. As the 21st century set in, Neo-Nazi groups have cropped up together with white separatist, white supremacist, anti-semantic as well as fascist groups. These are said to be allies and share a lot in common to the Nazism ideologies.
Economic Development Research Paper Example | Topics and Well Written Essays - 250 words - 1
Economic Development - Research Paper Example Economic development is important in regard to urban planning. Vibrant economic development is deeply rooted in optimal resource allocation and coordination of productive activities in an economy. Economic development transfers these attributes to urban planning, thereby enhancing its efficacy and contribution to national goals of economic welfare. Economic development also fosters the interrelationship of different sectors of the economy. Urban planning is undertaken by metropolitan authorities under planning bodies of the larger governance. It therefore outlines an indication of the position of urban planning prior to the desired land use patterns. Policy makers have considerations to make in regard to infrastructure requirements. Diversity and dynamism of both local and international infrastructure requirements require that policy makers assess both local and international infrastructure demands in order to come up with viable plans and projects that account for these requirements in the short run and the long run (Levy 257). Social, economic and political factors should characterize policy makersââ¬â¢ considerations in the context of infrastructure
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