Banking Regulations in Australia for Past - myassignmenthelp

Question: Talk about theBanking Regulations in Australiafor Past, Present Future. Answer: The money related arrangement of Australia has encountered instrumental change since its origin. In spite of the fact that the contrast between the various types of money related establishments has obscured with time, the structure of this framework is typically epitomized in setting of the essential organizations which work inside it. In view of this, four significant advancements in the money related framework structure of Australia stick out. The above all else is the ascent in criticalness of banks, which straightforwardly compensate for half of the advantages of the general money related framework today, up from 40% in 1985. Other than the traditional loaning and retail store taking capacities, banks are occupied with pretty much every feature of money related intermediation, for example, finance the executives, protection, stockbroking, monetary markets and business banking. As of now, there are 53 banks in the nation, out of which 14 are Australia claimed. The four greatest ba nks inside the financial arrangement of the country are Westpac Banking Corporation, Commonwealth Bank of Australia, National Australia Bank, and ANZ Banking Group (Goodhart et al., 2013). The current paper dives into the history, present and eventual fate of banking guideline in Australia. In 1911, the Commonwealth Bank of Australia was set up through an Act. This foundation was later on renamed as Reserve Bank of Australia in 1959 under the law, to release focal financial capacities. The business and investment funds capacities were moved to a different body corporate, that held the first name of Commonwealth Bank of Australia. The ability to plan laws in regards to banking and cash was then vested with the Australian Parliament after the Federation of the Australian States into the Commonwealth of Australia. During 1911, the Bank was given the duty of the ordinary elements of reserve funds and business banking under the underlying Commonwealth Bank Act (Paterson and Mallesons, 2017). It didn't hold focal financial transmit, nor was it responsible for giving notes. The Governor had the administration of the Bank under his position. The Bank started business during mid-1912. The Treasury Department was regulating note issue around then. The obligation of giving notes was given to a Notes Board in 1920, from the Treasury. This board included four individuals who were relegated by the Government. By uprightness of his position, the Governor of the Bank was likewise an individual from the Notes Board. Note issue was resultantly regulated by the Bank, despite the fact that the two bodies were autonomous of each other. After changes in the Commonwealth Bank Act 1924, the control of giving notes was moved to the Bank. Board, involving 8 executives, was given the organization of this (Black, Kirkwood and Shah, 2009). From that point forward till 1945, the focal financial elements of the Bank advanced consistently, essentially to counter the requests of the money related emergency during the 1930s and along these lines by formal augmentation of its position under wartime enactments. These incorporated trade control in addition to a plenty of different powers over the framework. The changed Commonwealth Bank Act related to t he Banking Act, both made during 1945, made the Banks powers relating to the regulating of banking and financial approach and forex control official. The board stopped in presence according to the enactment of 1945 and in its place, came a warning gathering which had 6 individuals (authorities from the Treasury and Bank). The enactment obviously referenced that the Governor would even now be responsible for Banks the board (McCoach and Landy, 2013). Regardless, another Act in 1951, made another board which included ten individuals and the Governor was as yet answerable for the board of the Bank. This has for quite some time been the structure of the load up from that point forward, excepting a couple of changes. As previously mentioned, the Reserve Bank Act of 1959 rationed the underlying body corporate, under the name of RBA, to attempt the focal elements of banking of the Commonwealth Bank, which had grown step by step; different Acts separated the investment funds banking and business banking exercises into the new shaped Commonwealth Banking Corporation. The Reserve Bank Act of 1959 got enforceable from January fourteenth, 1960 (Wallison, 2013). There were very few huge changes in the exercises of the RBA until the expulsion of trade control ensuing the buoy of the countrys money in 1983. Be that as it may, there were some steady move toward advertise driven procedures of executing fiscal arrangement, a development from the arrangement of direct controls on the countrys banks. The Campbell Committee, a significant monetary framework request was shaped in 1979, and five years after its arrangement, the money related situation of Australia changed to a practically deregulated framework. Du ring a similar time, the RBA built up a particular banking administrative capacity (Putnis, 2014). One more request (the Wallis Committee) was reported into the Australian Financial framework in 1996. This request introduced two significant results for the Bank, which were both enforceable from July first, 1998. The capacity of banking oversight was moved to a recently framed body, the Australian Prudential Regulation Authority (APRA), from the RBA. The APRA was given control of regulating each store taking organization. Changes were likewise made in the Reserve Bank Act to shape another Payments System Board, with a commitment to advocate the productivity and wellbeing of the installments arrangement of Australia. New Acts the Payment Systems and Netting Act 1998 and the Payment Systems Act 1998 were presented, giving the Bank appropriate experts in this space (McNally, Chambers and Thompson, 2004). Directly, the RBA, APRA and the Australian Securities and Investments Commission (ASIC) are the fundamental controllers of the financial framework in Australia. The RBA is the national save money with the suffering duty regarding the Australian installment frameworks productivity and security and the solidness of the countrys fiscal approach and budgetary framework. The RBA doesn't have any contribution in prudential oversight of the ADIs. Trade control is likewise in fact a component of the RBA, regardless, on a genuine scale, RBA authorization isn't required when forex exchanges are completed by currency showcase sellers or forex vendors who have been endorsed by the ASIC (Calipo and Rehder, 2017). The RBA is likewise not liable for overseeing sanctions corresponding to forex control after the Autonomous Sanctions Regulations was presented in 2011. This obligation is currently of the Department of Foreign Affairs and Trade. The Foreign Affairs and Trade Minister has the power to al lot a substance or an individual, to whom arrangement of benefits is endorsed. The APRA directs establishments in the Australian money related segment. It licenses and prudentially administers all ADIs and NOHCs endorsed by APRA. It likewise directs general and life coverage firms in addition to superannuation reserves. Such administrative forces of the APRA rise up out of a progression of enactment, chiefly, from the Superannuation Industry Act 1993, the Life Insurance Act 1995 just as the Banking Act. While releasing its forces and capacities, the organization needs to adjust the objectives of proficiency and money related wellbeing, serious lack of bias, contestability and rivalry, and in adjusting such objectives, to advocate the soundness of Australian budgetary framework (Bailey, Davies and Dixon, 2004.). The ASIC is answerable for advancing and observing business sector honesty notwithstanding client insurance. This incorporates oversight of the market direct and revelation of Australian firms, and for authorizing relating to money related administrations and items. ASIC, as a team with the RBA, is additionally responsible to find a way to alleviate deliberate hazard in settlement and clearing frameworks. For this reason, the ASIC has authority under the Corporations Act 2001 relating to the standard foundation, permitting and heading of suppliers of settlement and clearing offices (Lui, 2016). The Australian Treasury is committed to instruct the legislature on the security with respect to its monetary framework just as on administrative and administrative issues in regards to money related framework foundation. The Australian Competition and Consumer Commission (ACCC) is the countrys purchaser and rivalry insurance body responsible for supporting adherence to rivalry law by implemen ting and controlling the Competition and Consumer Act 2010. The ACC advances serious markets by denouncing firms that advocate their market impact by purposefully deceptive clients or utilizing prohibitive exchange rehearses. The Australian Transaction Reports and Analysis Center is the controller of hostile to illegal tax avoidance in Australia (Paterson and Mallesons, 2017). It supervises abidance with hostile to illegal tax avoidance laws by a wide range of budgetary specialist co-ops incorporating all ADIs. The Banking Regulation circumstance in Australia has encountered enormous movement in the previous barely any years. This has covered with a reevaluation of the job of money related foundations in the Australian culture. It additionally agreed with showcase weights to modify the manner in which banks have been dealing with their dangers. Prior to the financial downturn, credit spreads were not high, influence was accessible effectively, banks had gotten amazingly interconnected, and enormous development confuse was normal (Posner, 2009). A few monetary resources had been consummately estimated, and different banks had supported their plans of action on the assumption that nothing would go out of the blue. For quite a while everything was going as arranged; banks were enormously beneficial, and the overall development was likewise powerful. Nonetheless, the hazard was undervalued, and there was extreme influence, and very little was being done to manage the developing vulnerabilities (Gorajek and Turner, 2010). The result was that the residents followed through on an overwhelming cost. Fortunately as comp

Economics Leading to the Revolutionary War essays

Financial matters Leading to the Revolutionary War papers After the finish of the French and Indian War in 1763 the American individuals had charges put on them by the British. The British Parliament asserted that by putting the expenses they were guarding the settlements for the Americans. During the twelve years following the war, the British sanctioned a various measure of assessments that permitted them to raise income from the American economy. This burdening of the American individuals hurt the American economy and began to push the American pioneers toward an autonomy development so they could have a free economy. Through the span of the twelve-year time frame there were six acts authorized to take cash from the American economy. The Sugar Act of 1764 was the principal demonstration utilized by the British to channel income into Britain. The British explicitly expressed in the Sugar Act, ...an income be brought up in your Majestys said territories in America, for settling the costs of safeguarding, ensuring, and making sure about the equivalent (The Sugar Act). This demonstrates the British were utilizing this demonstration just to raise income since they required it to settle the expense of battling against the French. The demonstration constrained levies on products being brought into the states. Instances of these products were sugar, molasses, outside indigo, and espresso. This irritated the pilgrims since they were relying intensely upon exchange with different states and nations outside of the North American mainland. The homesteaders explicitly expressed in an appeal from the Massachusetts House of Representatives to the House of Commons on November 3, 1764 that a restriction will be biased to numerous parts of its exchange and will diminish the utilization of the makes of Britain (King, Peter. Appeal from the Massachusetts). The American pioneers saw the effects this demonstration would have on the economy of Massachusetts since it was causing financial issues. The exchange of one thing of trade being halted caused issues. An individual who d... <!

Nuclear Fission Versus Nuclear Fusion

Atomic Fission Versus Nuclear Fusion Atomic parting and atomic combination both are atomic wonders that discharge enormous amountsâ of vitality, yet they are various procedures which yield various items. Realize what atomic parting and atomic combination are and how you can reveal to them separated. Atomic Fission Atomic parting happens when anâ atoms core parts into at least two littler cores. These littler cores are called parting items. Particles (e.g., neutrons, photons, alpha particles) as a rule are discharged, as well. This isâ an exothermic procedure discharging the dynamic vitality of the parting items and vitality as gamma radiation. The explanation vitality is discharged is on the grounds that the parting items are increasingly steady (less vivacious) than the parent core. Parting might be viewed as a type of component transmutation since changing the quantity of protons of a component basically changes the component from one into another. Atomic parting may happen normally, as in the rot of radioactive isotopes, or it tends to be compelled to happen in a reactor or weapon. Atomic Fission Example: 23592U 10n â†' 9038Sr 14354Xe 310n Atomic Fusion Atomic combination is a procedure where nuclear cores are melded to frame heavier cores. Very high temperatures (on the request for 1.5 x 107 °C) can compel cores together so the solid atomic power can bond them. A lot of vitality are discharged when combination happens. It might appear to be nonsensical that vitality is discharged both when particles split and when they blend. The explanation vitality is discharged from combination is that the two molecules have more vitality than a solitary iota. A ton of vitality is required to constrain protons close enough together to conquer the shock between them, yet sooner or later, the solid power that ties them beats the electrical repugnance. At the point when the cores are blended, the overabundance vitality is discharged. Like parting, atomic combination can likewise transmute one component into another. For instance, hydrogen cores intertwine in stars to frame the component helium. Combination is additionally used to drive together nuclear cores to frame the most current components on the intermittent table. While combination happens in nature, its in stars, not on Earth. Combination on Earth just happens in labs and weapons. Atomic Fusion Examples The responses which occur in the sun give a case of atomic combination: 11H 21H â†' 32He 32He â†' 42He 211H 11H â†' 21H 01î ² Recognizing Fission and Fusion Both parting and combination discharge huge measures of vitality. Both splitting and combination responses can occurâ in atomic bombs. All in all, how might you differentiate parting and combination? Parting breaks nuclear cores into littler pieces. The beginning components have a higher nuclear number than that of the parting items. For instance, uranium can parting to yield strontium and krypton.Fusion consolidates nuclear cores. The component shaped has a greater number of neutrons or a bigger number of protons than that of the beginning material. For instance, hydrogen and hydrogen can breaker to shape helium.Fission happens normally on Earth. A model is the unconstrained splitting of uranium, which possibly occurs if enough uranium is available in a little enough volume (seldom). Combination, then again, doesn't happen normally on Earth. Combination happens in stars.

Rumors, Lies and History Persuasive Essay Topics

Rumors, Lies and History Persuasive Essay Topics Afterwards, the greatest action to do is to narrow the subject down according to the guidelines offered by your professor. Begin with general subjects that you are conversant with then narrow down to a certain topic. Selecting a great topic for your essay is among the most essential and frequently tricky parts for many students. It's possible to opt for an intriguing topic from any area of science. The Ultimate History Persuasive Essay Topics Trick Remember your final grade significantly is contingent on the topic. The writing process is going to be a pleasure, and your reader will delight in reading your bit of academic writing. The reader ought to take the author's side by the close of the reading. Don't neglect to bring a strong hook at the beginning (introduction paragraph) and wind up with an impressive conclusion to create the reader want to talk about the interesting persuasive essay topics of your pick. The Hidden T reasure of History Persuasive Essay Topics For instance, you can pick a topic for elementary, middle, or higher school. In such a circumstance, a student must pick an ideal topic to write about. All students wish to pass and continue on to the next class. Many students think that it is a waste of time. The Argument About History Persuasive Essay Topics Anarchism is far better than all types of government owing to its definitions and applications. Argumentative research paper topics are a whole lot much easier to find than to produce. For your essay to be persuasive, it should be presented dependent on solid research. It might include the reasons for teen pregnancy and discuss the current rates of teen pregnancy and possible solutions. The Chronicles of History Persuasive Essay Topics An argumentative paper is part of the persuasion. Just comply with the guidelines stated above, and you'll be well on your way to writing a fantastic persuasive essay. You still have to make an outstanding bit of writing. In the event you can't find your subject here, don't hesitate to have a talk with our staff and put an order for a customized history essay on your specific subject. History Persuasive Essay Topics - the Story To begin with, if you're arranging a persuasive speech, you ought to think about a topic that could create mental pictures in the minds of your audience. Possessing the very best informative speech essay ideas is insufficient. Apparently, you ought not purposely choose a topic that will bore your audience. There are lots of interesting persuasive speech topics that you're able to use in your next academic assignment, but you should make sure your essay is related to the subject you're studying. The Lost Secret of History Persuasive Essay Topics Maybe you simply do not know the subject well enough, and that's the reason you can't locate the idea for your history essay. You may want to incorporate a concise history of plastic surgery and w hy it has gotten so common. Perhaps you still have to understand more about the way to compose a history paper. It is an impossible task to write a fantastic history paper if you write about something you find boring and don't care about in any way. History Persuasive Essay Topics - What Is It? There are several reasons as to why you might need to write in ancient history essay. When writing a persuasive essay, the most significant point to keep in mind is the assortment of the topic. There are a lot of intriguing topics that could be become a persuasive essay if you take the opportunity to think about doing it. Many history essay topics are too big for a couple pages. Think about the subject of the history essay you've already written before. If you would like to compose a great history essay you'd better select a topic that is familiar to you. Informative essays are somewhat more descriptive. The Dirty Facts on History Persuasive Essay Topics Educated people ought to be asked to volunteer as literacy tutors. Persuasive essays are typical assignments in many classes, including history courses. There are several persuasive essay topics to select from to finish your high school or college assignment. Generally, the teachers or professors assign the topics by themselves. Introducing History Persuasive Essay Topics Finishing a fantastic persuasive speech takes time and energy. Others believe that it improves creativity and productivity at work. If you believe that you don't have enough skills for writing your persuasive speech, you can hire expert help. Spending time to choose the most suitable topic is likely to help you submit an outstanding assignment. Vital Pieces of History Persuasive Essay Topics Examining each side of the issue can assist your readers form their own opinions. Whenever you are searching for interesting essay questions in art history, here are several different services you can explore. The option of compare and contrast essay topics isn't a simple task because you should clearly show your analytical skills. The significance of research in persuasive writing can't be overstated. The aim of brainstorming is to assist you in getting ideas. For a couple of further ideas you may want to take a look at academic papers that were written by other men and women, many of which will be available online, either for free of for a little amount of money. You're able to write down all your suggestions and make sure they are connected. Distinctive and compelling topic ideas can play a vital role in engaging and persuading the audience. Alternatively, a fast look at the topics listed below may provide you the inspiration you want to think of your own title. There are just a few things that define whether an essay you're working on is going to be a good one. Sample persuasive essays can also give inspiration on topics to write on in addition to serve as examples about how to compose your essay.

The History of Japanese Ninjas

The ninja of movies and comic books—a stealthy assassin in black robes with magical abilities in the arts of concealment and murder—is very compelling, to be sure. But the historical reality of the ninja is somewhat different. In feudal Japan, ninjas were a lower class of warriors often recruited by samurai and governments to act as spies. Origins of the Ninja It is difficult to pin down the emergence of the first ninja, more properly called shinobi—after all, people around the world have always used spies and assassins. Japanese folklore states that the ninja descended from a demon that was half man and half crow. However, it seems more likely that the ninja slowly evolved as an opposing force to their upper-class contemporaries, the samurai, in early feudal Japan. Most sources indicate that the skills that became ninjutsu, the ninjas art of stealth, began to develop between 600 to 900. Prince Shotoku, who lived from 574 to 622, is said to have employed Otomono Sahito as a shinobi spy. By the year 907, the Tang Dynasty in China had fallen, plunging the country into 50 years of chaos and forcing Tang generals to escape over the sea to Japan where they brought new battle tactics and philosophies of war. Chinese monks also began to arrive in Japan in the 1020s, bringing new medicines and fighting philosophies of their own, with many of the ideas originating in India  and making their way across Tibet and China before turning up in Japan. The monks taught their methods to Japans warrior-monks, or yamabushi, as well as to members of the first ninja clans. The First Known Ninja School For a century or more, the blend of Chinese and native tactics that would become ninjutsu developed as a counter-culture, without rules. It was first formalized by Daisuke Togakure and Kain Doshi around the 12th century. Daisuke had been a samurai, but he was on the losing side in a regional battle and forced to forfeit his lands and his samurai title. Ordinarily, a samurai might commit seppuku under these circumstances, but Daisuke did not. Instead, in 1162, Daisuke wandered the mountains of southwest Honshu where he met Kain Doshi, a Chinese warrior-monk. Daisuke renounced his bushido code, and together the two developed a new theory of guerrilla warfare called ninjutsu. Daisukes descendants created the first ninja ryu, or school, the Togakureryu. Who Were the Ninja? Some of the ninja leaders, or jonin, were disgraced samurai like Daisuke Togakure that had lost in battle or had been renounced by their daimyo but fled rather than committing ritual suicide. However, most ordinary ninjas were not from the nobility. Instead, low-ranking ninjas were villagers and farmers who learned to fight by any means necessary for their own self-preservation, including the use of stealth and poison to carry out assassinations. As a result, the most famous ninja strongholds were the Iga and Koga Provinces, mostly known for their rural farmlands and quiet villages. Women also served in ninja combat. Female ninja, or kunoichi, infiltrated enemy castles in the guise of dancers, concubines, or servants who were highly successful spies and sometimes even acted as assassins as well. Samurai Use of the Ninja The samurai lords could not always prevail in open warfare, but they were constrained by bushido, so they often hired ninjas to do their dirty work. Secrets could be spied out, opponents assassinated, or misinformation planted, all without sullying a samurais honor. This system also transferred wealth to the lower classes, as the ninja were paid handsomely for their work. Of course, a samurais enemies could also hire ninja, and as a result, the samurai needed, despised, and feared the ninja—in equal measure. The ninja high man, or jonin, gave orders to the chunin  (middle man), who passed them on to the genin, or the ordinary ninja. This hierarchy was also, unfortunately, based on the class the ninja had come from before training, but it wasnt uncommon for a skilled ninja to ascend the ranks well beyond his or her social class. The Rise and Fall of the Ninja The ninja came into their own during the tumultuous era between 1336 and 1600. In an atmosphere of constant war, ninja skills were essential for all sides, and they played a key role in the Nanbukucho Wars (1336–1392), the Onin War (1460s), and the  Sengoku Jidai, or Warring States Period—where they aided samurai in their internal power struggles. The ninja were an important tool during the Sengoku Period (1467-1568), but also a destabilizing influence. When warlord Oda Nobunaga emerged as the strongest daimyo and began to reunite Japan in 1551–1582, he saw the ninja strongholds at Iga and Koga as a threat, but despite quickly defeating and co-opting the Koga ninja forces, Nobunaga had more trouble with Iga.​ In what would later be called the Iga Revolt or Iga No Run, Nobunaga attacked the ninja of Iga with an overwhelming force of more than 40,000 men. Nobunagas lightning-quick attack on Iga forced the ninja to fight open battles, and as a result, they were defeated and scattered to nearby provinces and the mountains of Kii. While their base was destroyed, the ninja did not vanish entirely. Some went into the service of Tokugawa Ieyasu, who became shogun in 1603, but the much-reduced ninja continued to serve on both sides in various struggles. In one famous incident from 1600, a ninja snuck through a group of Tokugawas defenders at Hataya castle and planted the flag of the besieging army high on the front gate. The Edo Period under the Tokugawa Shogunate  from 1603–1868 brought stability and peace to Japan, bringing the ninja story to a close. Ninja skills and legends survived, though, and were embellished to enliven the movies, games, and comic books of today.

How Do Members Of The Upper Class Today Modern Western...

How do members of the upper class in modern Western society influence the general population? Introduction In modern Western societies, the upper class is a social class made up of 1-2 percent of the population that wields the majority of the population’s wealth (Boundless, 2015). It is this 1-2 percent that also has the power to influence the behavior of people in lower social classes, such as the middle and lower class (Boundless, 2015). However, it is how this minority in Western society influences the masses. I chose this topic because I was intrigued by how a minority, such as the upper class, in society has the power to influence the masses. My investigation aims to show how a minority social class uses multimedia, propaganda and wealth to influence the general population on a global scale. Primary sources will include adolescents, adults and seniors of the middle and lower class. Secondary sources will be articles, books and written reports by experts. What are the differences between the social classes in modern Western society? To understand how individuals of the upper class influence people from lower social classes, it is important to understand the gap that exists between the social classes; as well as the layers that exists within each social class. It is also important to understand why these gaps exist and how they contribute to who has power in modern Western society. Upper class People who are considered to be membersShow MoreRelatedAncient Greece s Influence On Western Civilization2158 Words   |  9 PagesMuch can be said about the Greeks and their contribution to Western Civilization greatly and how they paved the way. The Greeks subsidized Western Civilization greatly, contributing areas of architecture, government, and many more. The Greeks built the Parthenon, a temple dedicated the infamous goddess Athena, who they viewed as there patron. 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I Dont Take My Life for Granted Essay Example For Students

I Dont Take My Life for Granted Essay We will be landing in Bole Airport in Addis Ababa, Ethiopia in approximately 10 minutes, says my weary pilot as a 15 hour flight comes to a close. This is my third time visiting Ethiopia, but the first two times hardly count considering the fact that I was less than 6 years old. I had heard many stories from my parents about their childhood in this country and I longed to even get a glimpse for these next two months. This time I was 13 and antsy to experience the country that my parents left for more opportunities, but always considered their home. I remember marching up the jet bridge with like I owned the airport. Quickly the smell hit me, I turned to my mother and asked her what the smell was and where it was coming from. She replied with a smirk Thats how I know Im home! My dad interjected by saying This is how my country smells, you will soon get used to it. That sense of pride for my country is what I longed for. We finally see my grandmother and she greets us with the tightest grip, so tight that when she lets go it still feels like her arms are there. She and my mother shed tears of joy for a couple of minutes before we head to the car. I asked my grandma So, where are we going first? not taking into account the time. Once we got to the front a cloud of disappointment hovered over me because I realized that it was too late to go anywhere but home. Honestly speaking I was really afraid that they over exaggerated all these years about Ethiopia, but I was praying they were telling the truth. The next morning to no ones surprise I was the first one awake. I did not want to waste one day I had in this country, and I wasnt going to. My dad took me to what used to be his favorite coffee shop. We walked like everyone else does in this country, well lets just say my dad was walking because I was doing so type of excited hop/skip. My dad kind of pulls my back and a suddenly his whole demeanor had changed. I was confused and started scanning my surroundings. I see a couple of people who are dressed like police officers, but their weapons look like they belong to army men. I pointed and blared Dad! Why do they have big guns? which I immediately regretted because now they are all coming my way. I was terrified and confused all at the same time. They could tell I was an American, but they couldnt tell if my father was also, so they came up to him and asked him why he couldnt control his daughter and how I must respect the authority that our great Prime Minister Meles Zenawi has chosen as officers. They also said a couple choice words, but they were assuming I couldnt speak Amharic (official language of Ethiopia). He explained to them that I was a little brat from the U. S, and that he brought me here to teach me respect. Thankfully they believed that and went on with their business. We went home because I wasnt really hungry anymore and I wanted an explanation more than anything. My parents sat me down and told me about the horrific state that Ethiopia is in. They explained to me that for a long time now Ethiopia has been run through a dictatorship and you cant be as free as you are in America. I didnt understand! Why would anyone want to live here? So asked them Is this really why you left? Their faces dropped and told me thats exactly why they left and how they could never raise children in this environment. Then that is when it hit me like a ton of bricks. How different would my life be if I was born here?