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This book is one of the first to explore aviation and aircraft leasing and its values establishing it as a standalone investable asset class within the larger real assets industry. Airplanes are a crucial but capital-intensive component of the global economy. The author, as an academic, researcher, appraiser, advisor and businessperson in the industry, bridges a gap in the existing literature with his analysis of the underlying aviation asset class return and risk profile. The book describes the characteristics, dynamics and drivers of the global, Asia and China specific aviation and leasing landscapes. Recent effects of COVID-19 on aviation and an analysis of the drivers affecting cross border mergers and acquisitions in the industry are also investigated. The book includes 20+ years of empirical aircraft valuation evidence and analysis of its characteristics establishing the aircraft and sub-segments as asset classes. In addition, characteristic comparisons to other real asset subclasses and benchmarks are examined. This book will be of interest to academics, financiers, investors, industry participants and more general aviation enthusiasts.
Critics of American politics have long lamented legislative stalemate as an unfortunate byproduct of divided party government, charging that it brings unnecessary conflict, delays, and ineffective policies. Although the term gridlock is said to have entered the American political lexicon after the 1980 elections, legislative stalemate is not a modern invention. Alexander Hamilton complained about it more than two centuries ago.In Stalemate, Sarah Binder examines the causes and consequences of gridlock, exploring the ways in which elections and institutions together limit the capacity of Congress and the president to make public law.Binder illuminates the historical ups and downs of policy stalemate by developing an empirical measure to assess the frequency of gridlock each Congress since World War II. Her analysis weaves together the effects of institutions and elections, and shows how both intra-branch and inter-branch conflict shape legislative performance.Binder also explores the consequences of legislative gridlock, assessing whether and to what degree it affects electoral fortunes, political ambitions, and institutional reputations of legislators and presidents alike. The results illuminate what she calls the dilemma of gridlock: Despite ample evidence of gridlocks institutional consequences, legislators lack sufficient electoral incentive to do much about it.Binder concludes that, absent a sufficient motivation for legislators to overcome the dilemma of gridlock and to redress the excesses of stalemate, legislative deadlock is likely to be a recurring and enduring feature of the landscape of national politics and policymaking.By putting conclusions about the politics of gridlock on a more sure-footed empirical basis, this systematic account will encourage scholars and political observers to rethink the causes and consequence of legislative stalemate.
The primary focus of Democracy in America is an analysis of why republican representative democracy has succeeded in the United States while failing in so many other places. Also, Tocqueville speculates on the future of democracy in the United States, discussing possible threats to democracy and possible dangers of democracy. These include his belief that democracy has a tendency to degenerate into "soft despotism" as well as the risk of developing a tyranny of the majority. He observes that the strong role religion played in the United States was due to its separation from the government, a separation all parties found agreeable. Tocqueville also outlines the possible excesses of passion for equality among men, foreshadowing the totalitarian states of the twentieth century as well as the severity of contemporary political correctness.
Former vice president Walter Mondale makes a passionate, timely argument for American liberalism in this revealing and momentous political memoir. For more than five decades in public life, Walter Mondale played a leading role in America’s movement for social change—in civil rights, environmentalism, consumer protection, and women’s rights—and helped to forge the modern Democratic Party. In The Good Fight, Mondale traces his evolution from a young Minnesota attorney general, whose mentor was Senator Hubert H. Humphrey, into a U.S. senator himself. He was instrumental in pushing President Johnson’s Great Society legislation through Congress and battled for housing equality, against poverty and discrimination, and for more oversight of the FBI and CIA. Mondale’s years as a senator spanned the national turmoil of the Nixon administration; its ultimate self-destruction in the Watergate scandal would change the course of his own political fortunes. Chosen as running mate for Jimmy Carter’s successful 1976 campaign, Mondale served as vice president for four years. With an office in the White House, he invented the modern vice presidency; his inside look at the Carter administration will fascinate students of American history as he recalls how he and Carter confronted the energy crisis, the Iran hostage crisis, the Soviet invasion of Afghanistan, and other crucial events, many of which reverberate to the present day. Carter’s loss to Ronald Reagan in the 1980 election set the stage for Mondale’s own campaign against Reagan in 1984, when he ran with Geraldine Ferraro, the first woman on a major party ticket; this progressive decision would forever change the dynamic of presidential elections. With the 1992 election of President Clinton, Mondale was named ambassador to Japan. His intriguing memoir ends with his frank assessment of the Bush-Cheney administration and the first two years of the presidency of Barack Obama. Just as indispensably, he charts the evolution of Democratic liberalism from John F. Kennedy to Clinton to Obama while spelling out the principles required to restore the United States as a model of progressive government. The Good Fight is replete with Mondale’s accounts of the many American political heavyweights he encountered as either an ally or as an opponent, including JFK, Johnson, Humphrey, Nixon, Senator Edward M. Kennedy, the Reverend Jesse Jackson, Senator Gary Hart, Reagan, Clinton, and many others. Eloquent and engaging, The Good Fight illuminates Mondale’s philosophies on opportunity, governmental accountability, decency in politics, and constitutional democracy, while chronicling the evolution of a man and the country in which he was lucky enough to live.
This report provides a comprehensive overview of available renewable technologies and how they can help increase our national security by decreasing our reliance on imported oil, create new jobs, and grow our economy, as well as decreasing environmental damage caused by burning fossil fuels.
‘KUMBA AFRICA’, is a compilation of African Short Stories written as fiction by Sampson Ejike Odum, nostalgically taking our memory back several thousands of years ago in Africa, reminding us about our past heritage. It digs deep into the traditional life style of the Africans of old, their beliefs, their leadership, their courage, their culture, their wars, their defeat and their victories long before the emergence of the white man on the soil of Africa. As a talented writer of rich resource and superior creativity, armed with in-depth knowledge of different cultures and traditions in Africa, the Author throws light on the rich cultural heritage of the people of Africa when civilization was yet unknown to the people. The book reminds the readers that the Africans of old kept their pride and still enjoyed their own lives. They celebrated victories when wars were won, enjoyed their New yam festivals and villages engaged themselves in seasonal wrestling contest etc; Early morning during harmattan season, they gathered firewood and made fire inside their small huts to hit up their bodies from the chilling cold of the harmattan. That was the Africa of old we will always remember. In Africa today, the story have changed. The people now enjoy civilized cultures made possible by the influence of the white man through his scientific and technological process. Yet there are some uncivilized places in Africa whose people haven’t tested or felt the impact of civilization. These people still maintain their ancient traditions and culture. In everything, we believe that days when people paraded barefooted in Africa to the swarmp to tap palm wine and fetch firewood from there farms are almost fading away. The huts are now gradually been replaced with houses built of blocks and beautiful roofs. Thanks to modern civilization. Donkeys and camels are no longer used for carrying heavy loads for merchants. They are now been replaced by heavy trucks and lorries. African traditional methods of healing are now been substituted by hospitals. In all these, I will always love and remember Africa, the home of my birth and must respect her cultures and traditions as an AFRICAN AUTHOR.
CRS Report for Congress.