Function of Central Banks as Lender of Last Resort (LOLR) Essay

Function of Central Banks as Lender of Last Resort (LOLR) - Essay Example The crisis saw the fall of stock markets across the world and the collapse of massive financial institutions from some of the richest nations (Dorn 2010). In a bid to salvage the situation, governments, through their central banks as LOLR, came up with rescue packages with an aim of bailing out the countries’ financial systems (Brunnermeier 2009). The crisis resulted from the US sub-prime mortgage market collapse as well as the negation of the real estate boom according to (Brunnermeier 2009). Many experts blame the current economic models for the crisis that affected lives across the globe. Advantages of LOLR During a financial crisis that hit the financial sectors, it is pointed out that many banks tend to become insolvent and sometimes collapse. In order for such a situation not to come into play, the central banks always come in an act as lender of last resort. In this case, it provides funding to increase the liquidity position of these banks. This has helped many banks e scape receivership during a financial crisis (Schinasi, Teixeira and IMF. Finance Dep. 2006 p.11). Grauwe (2011) notes that when a bank is faced with solvency problems, this in most cases can trigger deposit holders of other banks to move out their money/deposits commonly referred to as bank run. It also causes banks to start selling off their assets lowering their prices. When this continues for long, the bank may end up owing more than it can own. To solve the problem, the central bank had to play the role of lender of last resort (LOLR). Being lender of last resort was important in restoring the cascading loss of confidence among the depositors. This is so because when investors know that they are in a position to get their money in the event of a crisis, they do not panic (Posen 2005 p.120). Central banks function as a lender of last resort is important as it acts as buyer of last resort for a country’s bonds. The loss in confidence, in this case, may lead to a liquidity problem in the other markets since there is no buyer of last resort. When this is allowed to continue for long, fears may continue until the liquidity crisis degenerates creating solvency problems. With regard to bonds, fear creates loss of confidence which increases governments interest rates which they are required to pay in order to rollover bonds (Grauwe 2011). The high interest rates may make the country insolvent and the central bank comes in as lender of last resort (Grauwe 2011). When a financial crisis hits the financial sectors of the economy, many agents tend to hold cash for safety reasons. When the central bank comes in and acts as a lender of last resort and provides funding, it stops the deflationary process leading to stabilization of economy (Capie and Wood 2007 p.424-429). Disadvantages and Controversial Function of LOLR One of the main arguments against central bank’s function of being the lender of last resort is that it may lead to inflation (Grauwe 2011) . When the central bank buys out government bonds, it is argued that this increases the money market thereby triggering inflation. The main distinction is seen between the money stock and money base. In situations where the central bank purchases government bonds and other assets, this increases the money base. However, the money stock remains stable. For this reason, it is seen that during periods of financial meltdown, the monetary supply and monetary base become

Should the Zoos Be Shut Down Essay Example | Topics and Well Written Essays - 1000 words

Should the Zoos Be Shut Down - Essay Example Using animals for entertainment is just despicable and utterly cruel.   It teaches us nothing except to be tolerant of cruelty and hardship as we get used to sufferings of the animals in the zoo just to get us entertained or educated.   Moreso, when the kind of entertainment we get is twisted because it is at the expense of animal lives and well-being.   Nor are we educated about animals because we are not seeing the animals in zoos in their true nature.   All animals in the zoo relatively behave the same because of the small space and they are caged in. Zoos are harmful to animal lives.   It has already been proven that animals live longer in the wild than in the zoo.   It is because the wild is the natural habitat of the animals where their instinct to survive, adapt and feed on their own is honed.   In the wilds, they can run, a hunt which is good for them because their ability to hunt and survive is present not to mention that they can exercise there (all living animals needs to exercise!).   When one cages them, animals lose their instinct to hunt and survive and becomes dependent on the zookeeper making their lives miserable, depressed making them look like pathetic animals rather than a strong and wild.   Animals in the zoo live a miserable life because it is not their natural habitat and many of them even some of them display neurotic behavior because of their confinement.   If you wonder why some animals kept on walking in circles on ages and keep on shaking their heads, it is because the animal is suffering from neurosis which is wrought by the despicable environment of the zoo.   As a result, the lifespan of animals in the zoo are shortened.   Elephants for example, which are known to be survivors in the wild only live less than half of its natural years.   Where it usually lives for 56-60 years in the wild, elephants can only live for an average of 17 years!   Thus, the arguments used by zoo owners and keepers that zoos conserve animals are false.   Keeping animals in zoos are not conserving them but in fact, killing them.   Imagine the lion that we see on TV with all its might running and hunting its prey, that suddenly when it was caged, it became lethargic and me ek slowly dying like a poor cat dependent on the food is given by the zookeeper.  

Blending Elements Modern And Traditional Fairy Tales English Literature Essay

Blending Elements Modern And Traditional Fairy Tales English Literature Essay Once upon a time, a young girls father took on a new wife after the death of her mother. Along with the stepmother came two daughters. The three of them together had a strong disgust for the young girl. They took away her beautiful clothes, replaced them with old dirty ones, and put her to work. She was repeatedly covered in cinder dust from cleaning the hearth; this led to the stepmother and stepsisters naming her Cinderella. Upon an invitation to a royal three-day feast, the stepmother made it clear that Cinderella was not clean or presentable enough to attend. Cinderella prayed at her dead mothers grave to be blessed with silver and gold. Before the royal feast, Cinderella prayed once more at her mothers grave. As she prayed, a bird bestowed Cinderella a dress of silver and gold and gold slippers. In her new attire, Cinderella preceded to the royal feast where the charming young prince was wooed by her beauty and grace for all three nights. However, each night before the prince ha d the chance to get her name, Cinderella would disappear. As Cinderella was running away on the last night of the feast, her slipper became stuck on a staircase and her slipper was left behind (Grimm 98-102). This may not be the introduction of Cinderella that you have encountered before and you may think that it is missing the fairy godmother and the infamous pumpkin carriage. It is actually an introduction from the real tale of Cinderella, written by Jacob and Wilhelm Grimm in the early 1800s. Most individuals have been acquainted with the Disney light and happy versions of Grimms Folk Tales. This has transformed readers expectations for a fairy tale. As you read the next part of the true tale of Cinderella, you will begin to see the changes made in the Disney versions. After he realizes that Cinderella has left her shoe, the prince proclaims he will have no other bride than the one whose foot fits in the slipper. The first stepsister tries the shoe on and it does not fit. Therefore, to make it fit she cuts off her big toe and goes away with the prince to be his bride. As the prince discovers the blood dripping from the shoe, he returns the stepsister and reopens his search for a bride. Next, the second stepsister tries on the shoe and the shoe does not fit. To make the shoe fit, she cuts off part of her heel and goes away with the prince. As he discovers the blood, he returns to searching for his bride. After requesting to see all of the daughters in stepsisters family and against the wishes of the stepmother, the prince insists that the dirty and not fit to be seen daughter also has a chance to try on the shoe. Happily, the shoe fits Cinderella and she rides away with the prince. At the time of the wedding between the prince and Cinderella, the st epsisters enter and leave the church only for their eyes to be plucked out by birds. One eye each was plucked out upon their entrance and their other eyes were plucked out as they left the wedding. The stepsisters were punished with blindness for the rest of their lives (Grimm 104-106). In this Grimms tale, the reader is left with stepsisters missing parts of their limbs and eventually missing their eyes. Disney broadcasts the stepsisters struggle to make the shoe fit in a more child-approved presentation. The transformation between Grimms tales and Disney stories are based on a viewing audience and more importantly a time period, and a difference between traditional and modern. In Neil Gaimans Coraline, he returns to a more grotesque and gothic appeal for his modern fairy tale and in doing so he blends elements that should be perceived as normal, those that align with modern fairy tales, and other elements that read as grim, unsettling, and in the same way align with Grimms tales. In Coraline, written in 2002, Neil Gaiman introduces Coraline as a young girl who is striving for more attention from her parents. Although it is not apparent, a reader envisions that Coraline is disappointed with her parents and she is possibly wishing for better parents. She is at home (in her flat) and her parents are always working. Also, in this house (two more flats) live a crazy old man, who believes that his mice have the ability to talk, and two old long-forgotten actresses. Bored, Coraline finds a door in the drawing room that when opened leads to a wall of red bricks during the day and at night to her other house. Once through the door, a corridor leads her to a house and parents that look just like hers. The carpet beneath her feet was the same carpet they had in her flat. The wallpaper was the same wallpaper they had. The picture hanging in the hall was the same that they had hanging in their hallway at home, (Gaiman 27). Convinced she was still in her home and that the corridor led her nowhere except back to where she started, Coraline began to pay close attention to those things that were different. Describing a picture that shows a boy staring at bubbles, Coraline defines something uncanny. But now the expression on his face was different-he was looking at the bubbles as if she was planning to do something very nasty indeed to them. And there was something peculiar about his eyes (Gaiman 27). Aside from the boys expression, the uncanny also rests in that the parents in this other house want her, in an unsettling way. They want to spend time with her, play games with her, give her whatever food she wants, and want her to stay with them forever. They want to completely indulge her. Coraline is alarmed by the new mothers strange behaviors, especially since they are so different from her real mothers. As the story progresses, Coraline learns that her parents are missing and this other mother is responsible for their absence. Coraline begins a game with the other mother to find her real parents and other lost souls she encounters along the way. If Coraline wins, she is to get her parents back. If the other mother wins, Coraline must stay with her forever. She resents thinking that this other set of parents were in any way similar to hers and Coraline enters a struggle to outwit the other mother and win her parents back. Comparing to a traditional fairy tale such as Cinderella, both Coraline and Cinderella are in distressed situation. Instead of having an evil stepmother and stepsisters, Coraline has parents that appear to ignore her. However, the fairy tale element prevails when Coraline and Cinderella are both presented with an opportunity to fix their situation. Cinderella is given new attire and Coraline is given a passageway to a new life. Typical of a fairy tale, the main character is exposed to a struggle and to have a happy ending must overcome the situation. To start off with a struggle, both Cinderella and Coraline are assigned seemingly bad parental influence in their lives. Cinderella has a dead mother, an absent father, and a wicked stepmother. Coraline has both a mother and father but they read as very absent in regards to that they ignore her and pay very little attention to her needs and wants. To overcome the struggle in this other life, Coraline finds a creature that is somewhat willing to lend a hand. She finds a black cat, who insists that he does not have a name nor does he need one, and he attempts to help Coraline win the game against her other mother. His most courageous efforts are displayed when he distracts and attacks the other mother as Coraline runs through the corridor to escape back to her real house. The black cat in Coraline is symbolic of the help that Cinderella receives in order to meet the prince. Without her fairy godmother in the Disney version or the prayers and birds in Grimms version, Cinderella would ha ve never made it to the royal feast and or eventually ended up with prince. Gaiman details several elements of modern fairy tales in Coraline. The first element that comes to mind is the child aspect found in several other Grimms tales. Coraline is presented as a young girl slowly gaining her intelligence and independence. By reading her dialogue and actions, she appears to be very bright and witty for her age. At the end of the story, this aspect gives more credit to the main character for surviving their given struggle. In Cinderella, the main character is presented as a young girl, however, she seems powerless in her decision not to stand up or rebel against her stepmother and stepsisters. Through her actions, Coraline appears to be very brave for her age. Also in need of mention, Cinderella appears to be brave when she decides to attend the royal feast against her stepmothers wishes. This entails the aspect of courageous efforts of young children in fairy tales. The second element includes the aspect of characters being put to a test. Coraline is setup with a game against her other mother and she must outwit her in order to see her parents again. Looking at the Disney version of Cinderella, Cinderella must make it back before midnight and if she does not her carriage will turn into a pumpkin and the prince will discover her real identity. The third element is the result of characters living happily ever after. Not to ruin the ending if you have not read Coraline, but Coraline eventually gets to sleep in her real bed in her real house with real parents. The most important aspect of this element is that the main character, the protagonist, is given the happy ending and that antagonist character is in some way punished or left unhappy. In Coraline, the other mother is left Coraline-less and loses the game. In the Disney version of Cinderella, the stepmother is left without a connection to royalty and the stepsisters are left prince-less. While Gaiman includes elements of modern fairy tales, he also includes several elements of Grimms tales. He explicitly includes these elements in Coraline. The first element, which is somewhat unsettling, is the association with pale or white skin. This wife brought two daughters into the house with her. They were white and fair of face but wicked and black at the heart (Grimm 98). This is Grimms first description of Cinderellas stepmother and stepsisters. This shows an arbitrary association with the idea of pureness and the color white. An outside appearance of pure does not imply pure at heart. A woman stood in the kitchen with her back to Coraline. She looked a little like Coralines mother. Onlyà ¢Ã¢â€š ¬Ã‚ ¦ Only her skin was white as paper (Gaiman 27). Here, Gaiman allows the first description of the other mother to be of her very white skin color. Evilness is presented with a white appearance in both Cinderella and Coraline. The second element is the aspect of blindness. As Coraline, enters the other house she walks into the kitchen and is presented with her other mother. And then she turned around. Her eyes were big black buttons (Gaiman 28). Coraline sees this other mother for the first time with no eyes. Through reading Coraline, a reader can perceive that the other mother can physically see but the black buttons are symbolic of blindness. On a china plate on the kitchen table was a spool of black cotton, and long silver needle, and beside them two large black buttons, (Gaiman 45). When Coraline is asked about her eyes being sewn over with buttons, she immediately refuses and does not the like the dark and intense glows from her other parents. In Cinderella, the stepsisters are punished for their evil actions toward Cinderella as they are leaving the wedding. Afterwards when they were coming out, the eldest on the left and the youngest on the right, the birds came and pecked out both their other yes: so for their wickedness and falsehood they were punished with blindness for the rest of their lives (Grimm 106). Neil Gaimans takes on Coraline with an additional element of individuality in a gothic approach. This is not a typical element of neither traditional nor modern fairy tales. The most grotesque element in Coraline is the idea of sewing ones eyes over with a black button. With this idea, Gaiman takes the element of blindness one-step further. When Coraline first sees her other mother, she believes she looks just like her real mother but is stunned by her black button eyes. When Coraline sees the black thread and black button on the table in her other house, she is very disturbed. Moreover, while she is locked up in a mirror cabinet, Coraline encounters three children who have lost their souls. It is too dark where she is locked up to see their eyes but a reader could assume their eyes have been replaced with black buttons as well. Here, Gaiman may have wanted to encourage readers to draw a parallel with eyes are the windows to the soul. Symbolically, by threading buttons for eyes, ones soul is taken away. This is a deeper parallel for a reader to notice. It is also something that is a little advanced for a fairy tale. The second element, one that is a little arbitrary, is the idea of removing ones limbs. Disney protects the minds of children by representing the stepsisters struggle to fit the shoe as a simple squeezing real hard to make it fit. Whereas in Grimms version, The girl cut off her toe, forced her foot into the shoe, stifled the pain, and went out again to the prince (Grimm 104). For the second stepsister trying on the shoe, The girl cut off her heel, forced into the shoe, stifled her pain, and went out to the prince (Grimm 105). Disney has placed a child-filter on the tale. When Coraline successfully closes the heavy door to the corridor, she is relieved that she has escaped from her other mother. However, she is woken up on her first night back at her real house by noises outside her room. These noises are so disturbing that they draw her from her bed. As she gets up and looks in the hallway, it becomes clear to her what was making the noises. It was the other mothers right hand (Gaima n 147). However, there is not much correlation between the removing of the limbs in Cinderella and Coraline, its more of the grotesque aspect of it appearing in a childrens story. A toe, a heel, and a hand all being removed from a persons body. Gaiman removed himself from the appropriate for the viewing of small children and resorted to Grimms nature of scaring children. Gaiman removed a typical Disney-filter. Neil Gaiman also uses additional describing elements to add to Coralines grim nature. In a 2010 Coraline classroom study guide entitled Identity and the Uncanny, author Peter Gutierrez described Gaimans work as a dark, intensely psychological, modern fairy tale. Coralines other mother eats beetles and wants her to play with rats, two activities that can easily be described as unsettling. In addition, Gaiman removes the Disney castle aspect. Coralines parents do not even own a whole house; they live in a flat of a house, particularly a creepy one. First, the gothic appearance of Coralines house should be notes, with its outside staircase, its cellar and attic, its dark corridors and, most strangely, the door in the drawing-room that seemingly leads nowhere: behind it there is a brick wall (Rudd 160). In most Disney fairy tales, the main character is perceived as beautiful, charming, and sometimes enchanting. Neil Gaiman strays away from these perceptions and portrays Coraline as a loner. School is not in session and none of her friends live around or near her. She enjoys tea with the old women that live above her flat and likes to explore by herself. She does not appear to be social and loved by everyone. Coralines loneliness is exhibited in her action of writing for her mother MST on the first line of a paper and on the second line writes I. The I has clearly been dropped or lowered from the word MIST. In an essay written for Childrens Literature in Education, author David Rudd comments on Gaimans portrayal of Coralines seclusion, Coraline is clearly the lonely I which, punning on the word above, is not missed (i.e. she is overlooked). But is she refusing to be contained by the mist or would she like to be part of it, having the mist descent and embrace, or envelop her? (160). G aiman does not describe Coraline as beautiful, intelligent, nice, or loving. She only appears to love her parents when they are taken away from her. Her character is simply read as lonely and somewhat annoying to her parents. This is not a typical main character for modern fairy tales. However, this is what classifies Coraline as an even more modern fairy tale because it reaches out to children that are lonely and that are not as blessed as some other children. Gaiman attempts small advances at creating a new genre of fairy tales. A recurrent theme in Neil Gaimans work, from Sandman to Stardust, is the way in which the magical, archetypal and mythological rub shoulders with our everyday reality. In fantasy stories there are often physical portals or membranes through which a protagonist must travel to reach an alternate world, (Gutierrez 5). Neil Gaiman has experience is morphing stories to have a grotesque appeal. For example, Neil Gaiman wrote a book titled The Graveyard Book, a modern spin on Rudyard Kiplings The Jungle Book. Instead of a young boy left in the jungle to be raised by animals, a young boy is left parentless and is raised by the inhabitants of a graveyard. Mrs. Owens, a ghost in the graveyard exclaims, Of course its a baby and the question is what is to be done with it? (Gaiman and McKean 4). Here, Gaiman just removes the aspect of a jungle and replaces it with a haunted graveyard. He has swapped talking animals for ghosts and other non-real beings. After Mrs. Owens agrees to look after the baby, another inhabitant of the graveyard responds with his opinion, I do. For good or for evil-and I firmly believe for good-Mrs. Owens and her husband have taken this child under their protection. It is going to take more than just a couple good-hearted souls to raise the child. It will take a graveyard (Gaiman and McKean 15). Aside from creating unique and grotesque fairy tales, Gaiman does not stray too far off the beaten path with the way the story ends. Coraline has a very happy ending, and she survives her struggle. David Rudd also writes Neil Gaimans Coraline fits centrally within this tradition, invoking the fairy tale at the outset with its epigraph from G.K. Chesterton: Fairly tales are more than true: not because they tell us that dragons exist, but because they tell us that dragons can be beaten. In both Coraline and Cinderella, we get a happy ending regardless of any association of if the story is true or not. To explain the epigraph, these stories tell us that fairy tales are not intended for us to believe in fire-breathing dragons, fairy godmothers, or other realms but they are intended to teach readers that we can overcome anything if we try hard enough. Aside from the grim and unsettling, Gaiman includes this epigraph to suggest a moral to the story. Gaiman wrote Coraline to be grotesque and gothic, to have traditional and modern fairy tale elements, and to teach readers triumph. Gaiman could easily write his own epigraph: Look to Cinderella to teach you that wishes can come true and look to Coraline to teach you to be careful what you wish for.

Free Capital Punishment Essays - Murderers and Rapists Deserve Another Chance! :: Argumentative Persuasive Topics

Capital Punishment Essays - Murderers and Rapists Deserve Another Chance! When turning on the television, radio, or simply opening the local newspaper, one is bombarded with news of arrests, murders, homicides, serial killers, and other such tragedies. It is a rare occasion to go throughout a day in this world and not hear of these things. So what should be done about this crime rate? Not only is it committing a crime, but today, it is signing your life over to the government. This is a risk one is taking when he decides to pull a trigger or plunge a knife, but is it really up to our justice system to decide one's fate? There are many issues that address this question of capital punishment such as religion, the effect on society, restitution being denied, the possible "wrongly accused", and the rights of the convicted. But how often do these concepts creep into the public's mind when it hears of our 'fair, trusty' government taking away someone's breathing rights? The Bible states "Thou shalt not kill," and this being a sin should have to be amended within oneself. However, the Bible also states "Don't judge others' personal convictions." It is the government's responsibility to punish people that disobey the law to keep our world in tact but is it their right to take away their lives? It is a Christian's responsibility to point out to those who sin that they do so and this country, trusting in God as it says it does, should do just that. So if the government stands strongly by this statement that's on the dollar bill, may they line up all the liars, adulterers, Buddhists, thieves, covetous and murderers at the chair. If they shall look into this one sin as so evil may they see all ten commandments so holy. The society is so confused as to what is "right." More and more children are becoming murderers themselves. The reason is obvious: they see that if they kill someone they go to jail, get the death penalty, and the government, who they know as the "good guy" kills them for punishment. Lesson learned: the finger is pointing to its own actions. Learning morals is only as hard as people make it. Why complicate things? Some people think that restitution is granted when one is sentenced to the death penalty.

True Colors: Carolyn Kalil’s Personality Assessment

Calm, happy, complex, practical, spontaneous – these are a few ways to describe one’s personality. Everyone has several different pieces to their personality, almost as a puzzle has many pieces that make up one big picture. Throughout time many individuals have come up with their own methods to analyze one’s personality. This essay will describe my understanding of Carolyn Kalil’s True Colors personality assessment and present evidence to support its accuracy. Kalil’s personality assessment has four possible outcomes. After taking the assessment one will be given a color; blue, green, gold, or orange. Each color resembles a different personality type. Some examples are calm, curious, organized, and active, respectively. After taking this assessment I found out that my personality is blue, which fits me. I prefer calm, harmonious relationships, working in groups, helping and nurturing others, along with well though decision making. The assessment asks a series of â€Å"would you rather† style questions. One of the questions, for example, is â€Å"When in a relationship I (a) prefer my partner to know that I love them without telling them, (b) tell my partner that I love them. After the assessment your results are generated with some information about your color. For best results, one must be truthful when answering the questions. Some people lack personality ethic, which is when one pretends to be likeable rather than showing their true colors (Lamberton, Minor&, 2010). Lacking personality ethic may give false results, such as how you want to be rather than how you really a re. I was a little shocked at the accuracy of the results. This pushed me to dig deeper to find more information on Kalil’s strategy. Carolyn Kalil’s study used analysis and interpretation, a common method in creating and evaluation surveys. She gathered her information and then assigned meaning to it which helped her to determine conclusions and give her findings significance. Her independent variables were the personality types listed above. Her depended variables were â€Å": 1) Feeling, Thinking, Judging, and Perceiving from the MBTI, 2) the General Occupational Themes of Social, Investigative, Conventional, and Realistic from the SII, and 3) the Orientation Scales of Helping, Analyzing, Organizing, Producing, and Adventuring dimensions of the CISS. (Kalil, 1998). Instrumentation Carolyn Kalil used two instruments when developing her True Colors personality assessment. These instruments were character cards and words clusters. The character cards consisted of an individual ranking four cards, each of which represents one of the four personality types (Krathwohl, 1998). This test appeals more to the blue and gold personalities. The word clusters required the individual to rank a list of adjectives one a scale of 1 to 4 with 4 being most like the individual and 1 being least like them (Krathwohl, 1998). Obviously, this test was self-scored. This test appeals more to the green and orange personalities. Result Kalil operated on the principal of convergent validity. This means that her assessments are related to what they should, in theory, be related to (Lowry, 1990). An example of this would be similarities among test scores. This is because one assumes if you’re taking a test then you should have certain knowledge for that subject, resulting in a high test score. Although the subjects for both instruments were male and female, no gender differences were found in Kalil’s studies, (other personality assessments such as the Strong Interest Inventory or the Campbell Interest Skill and Survey did, however, show strong differences between genders) concluding that gender does not affect personality types (Lowry, 1990). Kalil found that personality types do change over time and may be influenced by outside factors such as the environment in which they are testing or their current mood (Kalil, 1998).

Malcom X and Racial Identity Development Essay

Racial Identity Development is the steps minority or majority groups go through to gain understanding of their racial identity. Many people don’t go through all these stages in their life and it requires a lot of inner growth to get there. After watching Malcom X, a civil rights leader, I saw how Malcom went through each of the stages of black/ minority racial identity development; some with difficulty and others with not as much trouble. After reading about and reflecting on the minority development, I realized that I’m at the stage of immersion/ emmersion. I find myself more concerned about my culture and who I hang out with. I’m constantly asking questions about where I come from and why certain things work the way they do based on skin color. I’m also noticing how my race is seen through the eyes of others/ majority groups and what factors contribute to their opinions. I’m making more connections with kids and adults my race instead of with others just to get a better understanding of myself. Everybody has to go through the pre-encounter stage. This is the stage where race isn’t very apparent to the individual. They don’t question the idea that â€Å"white is right† and â€Å"black is wrong†. Malcom experienced this stage in many ways. One example of this is when Malcom went to the barber shop to get his hair permed. After seeing his hair straight, he makes a comment saying, â€Å"look like white hair don’t it†. This is an example of the pre-encounter stage because Malcom is saying that white people have straight hair which automatically makes white hair better. The next stage is the encounter stage. In this stage, the individual grows aware of their race and the disadvantages that come along with it. A certain event usually triggers this acknowledgment. An example of how Malcom went through this stage was when he was in school and was told by his white teacher that he couldn’t become a lawyer because he was black. This is also a form of direct racism. He realizes that there are certain things he can and can’t do due to his race. He also realizes that he’s part of a group that has certain disadvantages. After the encounter stage comes the stage of immersion/ emmersion. At this point in the individuals life they want to become more intact with the visible symbols of their race. They concentrate on themselves and the others that are their race. They tend to move away from people of other races. As Malcom is going through this stage, he tends to push people of other races away. A white reporter approached Malcom and asked him what she could do to help support the black community and he replied that there was nothing she could do to help the black cause. He felt that white people had so much of an advantage that they wouldn’t be able to understand or help the black community. The last stage of the minority racial identity development is internalization and commitment. In this stage, the individual uses what he/she learned about themselves and their race and transfers it to take action about their concerns about their race. When Malcom reaches this stage, he takes his time to apologize to other black civil rights leaders. He realizes that they all had the same ending goal and that they should be working together to help better the understanding of their race. After learning about these stages of minority race identity development, I feel like I have a better understanding of myself and others around me. I’m more open to learning more about other races and if my race reflects theirs. As I go through the other stages, I hope to gain a better understanding of what I can do to better the way my race is perceived and how to move on through the stages.