Essay on Internet Privacy - Carnivore is an Invasion to Privacy :: Argumentative Persuasive Topics

Carnivore is an Invasion to Privacy Carnivore is the FBI's latest toy. All the time we hear about how it is an invasion to privacy, and while I do agree it does have serious problems it also has some moral dilemmas. For example who is subject to Carnivore and where is it located? How much and What kind of information is the FBI interested in getting? Lets start by looking at just what exactly Carnivore is. Carnivore is an actual piece of hardware that the FBI connects to an internet backbone. According to Compnet.com; "For Carnivore to gain access to this much data, its hardware must be plugged directly into the network at a central location. Because most Internet based communications in the USA flow through large Internet Service Providers (ISPs), the FBI would typically install a Carnivore box inside an ISP data center. Controlled physical and network access improves the system's overall security." Basically from the data center of the ISP Carnivore is able to acquire any information that it chooses to, or is assigned to. Typically a search warrant is issued and the device set to acquire information about a subject. Any email, or other form of communications that the person being viewed is recorded for the FBI to view later. Any information is intercepted once the FBI is in they know all and see all. Which begs the question what if they are getting search warrants on anyone they choose? Who reports them? Who holds the people accountable for spying on people later found out to be innocent? Because Carnivore is a "BLACK BOX" project a lot of information about the project is not being released to the public and if that is not scary enough for you, the people in charge of issuing the warrants and who the FBI labels and those that need to be "Watched" is also not readily available. Power corrupts and absolute power corrupts absolutely. Without an internal regulatory system for the FBI to control the use of carnivore it looks as though anyone anywhere can be tapped. Carnivore also has other problems too. According to cnn.com; "Specific technical concerns noted by the scientists include a lack of analysis between the Carnivore code and its host environment and operating system, inadequate discussion of the remote access provided by the use of the "PC Anywhere" program, and no evidence of a systematic search for bugs or serious errors.

Is Money the Most Important Thing

Money, fame, a successful career; these are among the things many people would consider to be the most important things in life. What do you think; do you consider the factors above to be the chief things in life? First though, let us agree that regardless of the route we take, our goal in all our pursuits remain essentially the same: Happiness. The problem with most people is that in their pursuit of this state of mind, they often sacrifice too much, sometimes sacrificing even happiness itself along the way! As a result, just when they think they have finally captured the cage that should hold joy and satisfaction, such as by getting to the peak of one's career, they soon discover that the cage is empty. How tragic! Take money or financial success for example. The extent to which money contributes to happiness is probably the most misunderstood phenomenon on earth. Now please do not take me wrong. Money is very important to have in our society. In fact the Late Jim Rohn Says it ranks right up there with oxygen. But as a result, it is highly overrated by most people. Meanwhile various researches have repeatedly proven that slightly above the poverty line, subsequent financial success contributes less and less to a person's state of happiness. This has to be true; otherwise, why are suicide rates among wealthy people and lottery winners among the highest? Likewise those who see fame as the ultimate in life; they soon get disillusioned. Drug overdose and, yes, suicide are particularly high among very famous people. Why? Surely fame has brought them real happiness. So then what? Yes, what things are truly the most important in life? I would propose that the most important things in life are those that bring the greatest happiness to ourselves and those around us. Top on this list would be genuine love and rich relationships, such as is shared among true friends and family members. Next on my list would be a measure of good health and a good relationship with the creator, God. It goes without saying that love is the chief thing in life. What would life amount to if nobody, not even God, shows us affection? Newborn babies soon die when they are denied affection. And adults do not fare much better. We can as well say the same thing about relationships. Developing a healthy relationship with others creates interdependence, which is vital to both personal and your business growth. This is not to say that money and financial success are of no use. No. It is just that they should not be your major focus in life. And that leads us to another item on the most important things in life: wisdom. I will define wisdom as the correct application of knowledge. Wisdom is hugely important in our lives. For example, it takes wisdom to balance your personal MLM business pursuits without sacrificing vital family and other relationships. In deed, it is when we go about our pursuits in this way that we stand the chance of being happy at their attainment. On the other hand, a failure to get these factors in proper order leads so many persons to frustrations. This is because every person has a set of beliefs, or mindset which guides them as they make decisions. This mindset is often shaped by such variables as our individual experiences in life, our education and the environment where a person grew up. This mindset may either be working in our favor or against us. The difference lies in the cumulative outcome of all our decisions. Good results mean that our mindset is working, and vice versa. Bearing in mind that your decisions today will have a significant effect on how the rest of your life turns out. Would it not be better to pay greater attention to the most important things in life as you also go after your MLM success? Interestingly, most wealthy people find that once they get things in proper order, other things naturally fall into place. So enrich your life, approach things in this way.

Ias 39 And Its Effects On Risk Management - 2448 Words

Abstract Organizations are prone to various risk such as interest rate risk, Forex risk, price risk, credit risk etc, which results in income volatility. Companies seek to cover these risks by using derivatives. Derivatives are financial instruments that derive their value overtime from the performance of an underlying asset. This strategy of using derivatives to mitigate risk is known as Hedging . The use of derivatives has increased over a period of time due to which the thirst for accounting was aroused. International Accounting Standard 139 was referred as an accounting revolution which made an effort to bring about Accounting for Derivatives . The objective of IAS 39 was to lay down the rules for presenting derivatives in the†¦show more content†¦Derivatives: A Derivative is a financial instrument which derives its value from the value of another asset, known as underlying asset , which could be a share, an interest rate, a commodity or a currency. Derivatives are contracts to buy or sell the underlying asset at a pre set price, quantity on a future date. Derivatives are very similar to insurance; they protect companies against market risk such as interest rate risk, forex risk, credit risk, price risk etc. Derivatives emerged as a hedging device against the fluctuation in prices of commodities financial instruments. Derivatives can be used in two ways, one to mitigate economic loss, i.e. Hedging the other to increase the profit of underlying asset, if the value of asset moves in the direction of investor s expectation .i.e. Speculation. Derivatives consists of two components namely,  · Underlying Asset: Underlying asset is the financial instrument on which a derivative s price is based.  · Notional value: Notional value is the total value of hedged position. Types of Derivatives:  · Forwards.  · Futures.  · Options.  · Warrants.  · Swaps.  · Swaptions. Hedging: Hedging is a risk reduction technique where by an entity uses derivatives to offset future changes in the fair value or the cash flow