Social work critical thinking essay. book-Blaming The Victim by Essay

Social work critical thinking . book-Blaming The Victim by William Ryan - Essay Example The child’s upbringing is brought up repeatedly as an excuse for the lower educational levels of the minorities. The article mentions the influence of the home environment and the lack of experiences as a reason for hindered learning. It goes on to say that these differences in the home environment cause a barrier to education by not teaching the black student with, â€Å"inadequate preparation for the reality of the modern urban school.† (37) Integration became the solution for the poor educational system. So rather than facing the true problem, the victim is blamed and, â€Å"Uneducated parents, crowded living quarters, absence of books, family disinterest in education—all combine to handicap the poor black child as he enters the school system.† (33) Thus not only blaming the victim, but also instilling a belief in negative stereotypical beliefs about the victims. So not only is the child and his upbringing blamed for the lack of education, the inequality is justified by finding defects in the child while blaming. One instance of finding defect is that it was believed that being poor led to a â€Å"functional inferiority.† The Coleman Report was considered comprehensive. Coleman’s studies found that â€Å"blackness and low achievement are highly correlated†. This research blamed the victim by assuming that because white children learn more, black children learn less. Repeatedly, the blame returns to the home environment, blaming the victim for an upbringing. Researchers based findings on how far a student would go based on number of newspapers in the home, educational level of father and mother, books in the home, etc. (51) The research determined that there were more opportunities, more preparations for college and more resources available for whites. According to the author, the Coleman Report blames the victim based on the family background, treating it as â€Å"a cause-and-effect

The Federal Open Market Committee Coursework Example | Topics and Well Written Essays - 1500 words

The Federal Open Market Committee - Coursework Example The depository institutions of the economy hold some balances with the Federal Reserve Bank. The depository institutions also lend balances at the Federal Reserve to other such institutions overnight. The interest rate at which these balances are lent is known as the federal funds rate. The Federal Reserve, with the help of its three policy instruments, influences the demand and supply of these balances held by the depository institutions at the Federal Reserve and thus also changes the federal funds rate. As the federal funds rate changes, this starts a sequence of activities which influences other short term interest rates, long term interest rates, foreign exchange rates, amount of money and credit circulating in the economy, employment, output, the prices of goods and services and many other economic variables. (Board of Governors of the Federal Reserve System, 2011) The Three Main Tools of Monetary Policy Open Market Operations: Under the open market operations, the Federal Reserve Bank buys and sells U.S Treasury bills and federal agency securities in the market. These operations are usually conducted to achieve a desired level of balance reserves which the depository institutions hold with the Federal Reserve. The operations can be conducted to achieve a desired value of the federal funds rate too. Usually, the short-term objectives of the open market operations are specified by the Federal Open Market Committee ... m, 2011) (Board of Governors of the Federal Reserve System, 2011) The Discount Rate: The Federal Reserve Bank has its branches located in the different regions of USA. These regional Reserve Banks have a lending facility called the discount window through which they extend loans to the commercial banks and other depository institutions of that region. The interest rate charged on these loans is the discount rate. The Federal Reserve Banks offer three types of loans through their discount windows: primary credit, secondary credit and seasonal credit, extended at their respective discount rates. The primary credit discount rate is stipulated above the short-term market interest rate level. The secondary credit discount rate is set above the primary discount rate. The seasonal credit discount rate is determined by calculating an average of selected market interest rates. The regional Reserve Bank’s Board of Directors determines their respective discount rates, although they remai n to the review of Board of Governors of the central Federal Reserve Bank. The funds borrowed by the Commercial Banks from the Federal Reserve Bank from January- July 2011 can be seen from the following table: (Board of Governors of the Federal Reserve System, 2011) (Board of Governors of the Federal Reserve System, 2011) Reserve Requirements: The Federal Reserve Bank stipulates an amount of funds that the depository agents should keep as reserves against specific amount of deposit liabilities. These are known as reserve requirements. The depository institutions usually hold these reserve requirements in the form of deposits or vault cash with the Federal Reserve Bank. Only the Board of Governors of the Federal Reserve Bank holds the power to change the reserve requirements. (Board of Governors