Free Cash Flow with a Firms Capital Expenditure

Free Cash Flow with a Firms Capital Expenditure Free income and capital use go next to each other. What is critical to discover is the presence of a relationship between the two in Sugar Industry of Pakistan by methods for determining the quality of their relationship. Yearly fiscal report information for 27 sugar factories of Pakistan, recorded on Karachi Stock Exchange (KSE), was taken to ascertain free income and yearly capital consumption over the 2000-08 period. Straight relapse test was run on the information to contemplate the connection between the two factors. The outcomes thus demonstrated an affiliation affirming a presence of a relationship. Presentation Diagram of the Sugar Industry of Pakistan Pakistan is the fifth biggest nation on the planet as far as territory under sugarcane development, eleventh by creation and 60th as far as yield. Sugarcane is the essential crude material for the creation of sugar. Since autonomy, the zone under development has expanded more quickly than some other significant harvest at around one million hectares. The sugar business in Pakistan is the second biggest agro based industry including 81 sugar processes out of which 27 are recorded on Karachi Stock Exchange. The yearly pounding limit of the business is over 6.1 million tones. Sugarcane cultivating and sugar fabricating contribute altogether to the national exchequer as different expenses and imposes. Sugar assembling and its side-effects have contributed altogether towards the outside trade assets through import replacement. Sugar creation is an occasional action. The plants, at a normal work for 150 days per year while the provisions are made consistently. As the business presently has enormous day by day pounding limit there are endeavors to lessen the creation much further. About the subject The reason for this exploration is to look at the centrality of free income in connection with firms capital use. Numerous scientists have examined the relationship worked around free income and have contended that chiefs need to assume an imperative job in choosing where free income in the long run winds up. Something known as an organization issue is generally talked about and remarked on by a few scientists. This issue speaks precisely about the irreconcilable circumstance among administrators and investors. Investors are keen on gaining however much profits as could be expected which would expand their worth. Despite what might be expected, administrators have an independent perspective. They will in general put the accessible income in ventures that would not really increment investors esteem however guarantee that the residency of the chief is as reached out as could be expected under the circumstances. New ventures would mean more duties on chiefs in this manner their continuo us length of administration is required in the drawn out enthusiasm of the firm. Venturing out in front of organization issue, this examination is identified with free income which shows an affiliation and a relationship with the capital consumption. Free income is aâ measure of budgetary execution and one of the wellsprings of capital consumption in firms. Supervisors can either dispense the accessible money among investors as profits afterâ keeping aside the cash required to grow or keep up its benefit base or keep it down for growing new items, making acquisitions, and paying off past commitments. Right now, note that negative free income in itself isn't terrible. On the off chance that free income is negative, itâ could show that an organization is growing new items, paying off past commitments or in any event, making huge ventures. In the event that these money out streams acquire an exceptional yield in the end, the methodology can possibly pay off over the long haul. Capital consumptions (CAPEX) are those money surges that make future advantages for the firm. A capital consumption is caused when a business expense assets to gain or overhaul physical resources, for example, property, modern structures or gear. CAPEX is normally found on the Cash Flow Statement as an interest in plant, property and gear or something comparative in the contributing area. Organizations recorded on stock trade will frequently list their capital uses for the year in yearly reports, which permits investors to perceive how the organization is utilizing their assets and whether it is putting resources into its drawn out development. The theory tried in this investigation is acknowledged and accordingly a connection between free income and capital use is built up. Writing Review Income is controlled by incorporating the money receipt and payment things from the salary articulation with the adjustment in each accounting report thing; the total of the money inflows approaches the whole of the money outpourings. Though capital consumption is the sum an organization spends purchasing or updating fixed resources, for example, gear, during the year and gaining auxiliaries, less government awards got. The free-income (FCF) theory by Jensen (1986) recommends that overabundance income is squandered on esteem crushing consumption since administrators have an individual inspiration to develop the advantage base of the firm instead of apportion money to investors as profits. Income has consistently been fairly a riddle in the writing on the determinants of speculation. Gugler (2004) contends that in a carefully neoclassical world, income doesn't have a place in a venture condition. Indeed, even than down to business contemplates going back more than 4 decades constantly record that income and venture are emphatically related. The impact of inside created income on financing capital venture use is very much considered. Be that as it may, what is less surely known is the reason behind this impact. Modigliani and Millers (1958) Irrelevance recommendation attests that organizations attempt all positive net present worth (NPV) speculations paying little heed to the financing source. Firms that deliver low profits depend all the more vigorously on income as appeared by Fazzari, Petersen and Hubbard (1988). The initial two men of honor likewise found that such firms utilize working capital changes and not outside financing to keep up the required capital consumption so as to smooth income variances. They further contended that so as to spare income, firms pick a low profit payout strategy. Calomiris and Hubbard (1995) demonstrated that those organizations have heaviest reliance on income to fund capital consumption which pay the most elevated expenses related with undistributed benefits. Devereux and Schiantareelli (1990) found that when contrasted with littler firms in the UK, the huge firms depend all the more vigorously on income financing. They called attention to for such a pattern because the chief/investor organization issues in these huge firms basically in view of lower administrative proprietorship and greater expenses related with checking component. In this proposal, additional proof have been given on the job of free income and capital use through watching the information gave by the Karachi Stock Exchange. To quantify the market response to such consumption designs, the well beyond returns around capital declarations have been utilized. It was in addition, found that the effect capital consumption has on firm worth that is financed with income relies on the attributes of the firm creation the uses. Firms show a solid positive connection between the degree of undistributed income and the degree of declared consumption, albeit huge firms depend less intensely on income when contrasted with the little firms and those organizations that have high administrative proprietorship. Jensen (1986) proposed that those organizations which had a huge degree of free income were probably going to waste it on unfruitful ventures. Thus undistributed income must assume a significant job in clarifying capital use by these organizations. Moreover, certain organizations are progressively inclined to the office issues of free income, particularly the enormous firms which, as examined by Devereux and Schiantarelli (1990), by and large have an increasingly differing possession structure. Jensen (1993) talked about such firms as the ones that have all the more exorbitant interior control systems. About little firms, Jalilvand and Harris (1986) remarked that they are progressively powerless against experience the ill effects of income restriction for the most part since they have constrained access to outside captial showcases because of higher exchange expenses of open security isssues and the data issues. Along these lines, Vogt (1997) accepts that little firms will in general have beneficial and simultaneously unexploited speculation openings. The accessible income ought to be the principle wellspring of capital consumption by these organizations. Also, if income is utilized by these organizations to finance the capital consumption, such a declaration must show a positive response as far as acknowledged stock costs. Jensen (1986) contends that there are office costs combined with free income. His examination widens that contention and guesses that investors structure their valuation choices on firms notorieties with respect to free income abuse. This idea was tried by analyzing the stock value reactions to value offers, which for the most part disturb the income problem, for firms separated by their ongoing voracious conduct. The outcomes proposed that investors respond all the more emphatically to value issue declarations if firms have acquired just resources identified with their key business than to other value issue declarations. On another event, Jensen and Meckling (1976) clarified the organization issue among directors and investors. They unarguably expressed that directors should be the agents of the investors. In any case, they will in general settle on those choices that will amplify their own advantages rather than the investors esteem. So as to confine them from doing as such, they should either be given impetuses or be observed. They further contended that in firms where administrators have low degree of insider possession, have more noteworthy impetuses to put resources into unfruitful activities that stretch the organizations bey

Response papers for the film Smooth Talk Essay Example | Topics and Well Written Essays - 1000 words

Reaction papers for the film Smooth Talk - Essay Example The mother consistently has something ideal to state about June, the senior sister, though Connie and her mom are continually battling and contending. That is the reason Connie plays the notorious radical and â€Å"acts out,† in a manner of speaking, by challenging her mom and going to places without advising her. The film, much the same as the story, takes a terrible turn when Arnold Friend, a man who detected her at one such spot, chooses to visit her when her folks are not at home. The film is firmly founded on the story, however there are a few contrasts, perceiving how it was a component film dependent on a short story, certain augmentations must be made to suit for the length. The one spot where the delineation of characters didn't appear â€Å"fair† to me was that Laura Dern, who played Connie, didn't resemble a multi year old by any means. Also, she looked significantly more seasoned than the young ladies threw to play her companions. The story referenced that C onnie was pretty, and most definitely, Laura Dern fit the job well, notwithstanding, no place does it notice that Connie looked more established than her age. Another viewpoint where the film veered from the first work is that in the story Connie’s father doesn't invest any energy with his family; he doesn't have a lot of opportunity once he returns home and he doesn't converse with them much. Notwithstanding, in the film, Connie’s father invests energy with his family, yet in addition appears to treat Connie as her preferred youngster. This detracts from the story, as I would like to think. When perusing the story, one feels that Connie is totally disconnected and feels like she is overlooked, and that is the reason she does what she does: in an offer to get consideration. At the point when the film shows Connie’s father being particularly mindful to her, it doesn't pass on the feeling of segregation that Connie feels, on the grounds that plainly she gets consi deration. Her little trysts just as her carrying on doesn't bode well in such manner, and she comes out more as a spoilt adolescent than a confined one. The spite among Connie and her mom was relevantly investigated, be that as it may. The scene at the morning meal table, when Connie comes in to eat and her mom is on the telephone, was particularly piercing in such manner. Despite the fact that it appeared Connie’s mother was chastising her for not getting a plate, it conveyed the irritation that she felt at Connie not checking out anything being done at home. This was additionally pleasantly demonstrated when Connie’s mother chastises her for not make sure to bring her the canvas gear she required (Connie’s mother is painting the house, and, also, she senses that she needs to do only it as Connie shows no enthusiasm for making a difference). When Connie and her companion go out independently with young men they have met at the burger joint, Connie is taken to a parking area. Here she is appeared to have occupied with a touch of sexual foreplay. This scene was particularly significant on the grounds that Connie is spruced up in a provocative outfit, that causes her to feel more established than she will be (she even lies about being a sophomore to a kid), in any case, when the foreplay gets a tad too â€Å"serious† she, being the little youngster that she is, gets frightened and doesn't have the foggiest idea how to deal with it. She says something along the lines of how she has never felt this energized and that is the reason she is upset by the emotions the kissing and petting bring out in her. I found this unmistakably delineated the topic of the film: a young lady who needs to grow up quick, however is in reality only a frightened young lady who can't deal with the psychological weight

Working Capital Management Everything You Need to Know

Working Capital Management Everything You Need to Know © Shutterstock.com | ScandinavianStockIn this article, we start witht he 1) introduction to working capital management, and continue then with 2) the working capital cycle, 3) approaches to working capital management, 4) significance of adequate working capital, 5) factors for determining the amoung of working capital needed.INTRODUCTION TO WORKING CAPITAL MANAGEMENTAny firm, from time to time, employs its short-term assets as well as short-term financing sources to carry out its day to day business. It is this management of such assets as well as liabilities which is described as working capital management. Working capital management is a quintessential part of financial management as a subject. It can also be compared with long-term decision-making the process as both of the domains deal with the analysis of risk and profitability.1) Definition of Working CapitalWorking capital is formally arrived at by subtracting the current liabilities from current assets of a firm on the day t he balance sheet is drawn up. Working capital is also represented by a firm’s net investment in current assets necessary to support its everyday business. Working capital frequently changes its form and is sometimes also referred to as circulating capital. According to Gretsenberg:“circulating capital means current assets of a company that are changed in the ordinary course of business from one form to another.”2) Types of working capitalWorking capital, as mentioned above, can take different forms. For example, it can take the form of cash and then change to inventories and/or receivables and back to cash.Gross and Net Working Capital: The total of current assets is known as gross working capital whereas the difference between the current assets and current liabilities is known as the net working capital.Permanent Working Capital: This type of working capital is the minimum amount of working capital that must always remain invested. In all cases, some amount of cash, stock an d/or account receivables are always locked in. These assets are necessary for the firm to carry out its day to day business. Such funds are drawn from long term sources and are necessary for running and existence of the business.Variable Working Capital: Working capital requirements of a business firm might increase or decrease from time to time due to various factors. Such variable funds are drawn from short-term sources and are referred to as variable working capital.3) Objectives of working capital managementThe main objectives of working capital management are:Maintaining the working capital operating cycle and to ensure its smooth operation. Maintaining the smooth operation of the operating cycle is essential for the business to function. The operating cycle here refers to the entire life cycle of a business. From the acquisition of the raw material to the smooth production and delivery of the end products â€" working capital management strives to ensure smoothness, and it is o ne of the main objectives of the concept.Mitigating the cost of capital. Minimizing the cost of capital is another very important objective that working capital management strives to achieve. The cost of capital is the capital that is spent on maintaining the working capital. It needs to be ensured that the costs involved for maintenance of healthy working capital are carefully monitored, negotiated and managed.Maximising the return on current asset investments. Maximising the return on current investments is another objective of working capital management. The ROI on currently invested assets should be greater than the weighted average cost of the capital so that wealth maximization is ensured.THE WORKING CAPITAL CYCLEThe working capital cycle refers to the minimum amount of time which is required to convert net current assets and net current liabilities into cash. From a more simplistic viewpoint, working capital cycle is the amount of time between the payment for goods supplied a nd the final receipt of cash accumulated from the sale of the same goods. There are mainly the following elements of which the working capital cycle is comprised of:CashThe cash refers to the funds available for the purchase of goods. Maintaining a healthy level of liquidity with some buffer is always a best practice. It is extremely important to maintain a reserve fund which can be utilized when:There is a shortage of cash inflow for some reason. In the absence of reserve cash, the day to day business will get hampered.Some new opportunity springs up. In such a case, the absence of reserve cash will pose a hindrance.In case of any contingency, absence of a reserve fund can cripple the company and poses a threat to the solvency of the firm. Creditors and Debtors The creditors refer to the accounts payable. It refers to the amount that has to be paid to suppliers for the purchase of goods and /or services.Debtors refer to the accounts receivables. It refers to the amount that is coll ected for providing goods and/or services. InventoryInventory refers to the stock in hand. Inventories are an integral component of working capital and careful planning, and proper investment is necessary to maintain the inventory in a healthy state of affairs. Management of inventory has two aspects and involves a trade-off between cost and risk factors. Maintaining a sizable inventory has its accompanying costs that include locking of funds, increased maintenance and documentation cost and increased cost of storage. Apart from these things, there is also a chance of damage to the stored goods. On the other hand, maintaining a small inventory can disrupt the business lifecycle and can have serious impacts on the delivery schedule. As a result, it is extremely important to maintain the inventory at optimum levels which can be arrived at after careful analysis and a bit of experimentation.Properties of a healthy working capital cycleIt is essential for the business to maintain a heal thy working capital cycle. The following points are necessary for the smooth functioning of the working capital cycle:Sourcing of raw material: Sourcing of raw material is the beginning point for most businesses. It should be ensured that the raw materials that are necessary for producing the desired goods are available at all times. In a healthy working capital cycle, production ideally should never stop because of the shortage of raw materials.Production planning: Production planning is another important aspect that needs to be addressed. It should be ensured that all the conditions that are necessary for the production to start are met. A carefully constructed plan needs to be present in order to mitigate the risks and avert unforeseen issues. Proper planning of production is essential for the production of goods or services and is one of the basic principles that must be followed to achieve smooth functioning of the entire production lifecycle.Selling: Selling the produced goods as soon as possible is another objective that should be pursued with utmost urgency. Once the goods are produced and are moved into the inventory, the focus should be on selling the goods as soon as possible.Payouts and collections: The accounts receivables need to be collected on time in order to maintain the flow of cash. It is also extremely important to ensure timely payouts to the creditors to ensure smooth functioning of the business.Liquidity: Maintaining the liquidity along with some room for adjustments is another important aspect that needs to be kept in mind for the smooth functioning of the working capital cycle.APPROACHES TO WORKING CAPITAL MANAGEMENTThe short-term interest rates are, in most cases, cheaper compared to their long-term counterparts. This is due to the amount of premium which is higher for short term loans. As a result, financing the working capital from long-term sources means more cost. However, the risk factor is higher in case of short term finances. In case of short-term sources, fluctuations in refinancing rates are a major cause for concern, and they pose a major threat to business.There are mainly three strategies that can be employed in order to manage the working capital. Each of these strategies takes into consideration the risk and profitability factors and has its share of pros and cons. The three strategies are:The Conservative Approach: As the name suggests, the conservative strategy involves low risk and low profitability. In this strategy, apart from the permanent working capital, the variable working capital is also financed from the long-term sources. This means an increased cost capital. However, it also means that the risks of interest rate fluctuations are significantly lower.The Aggressive Approach: The main goal of this strategy is to maximize profits while taking higher risks. In this approach, the entire variable working capital, some parts or the entire permanent working capital and sometimes the fixed as sets are funded from short-term sources. This results in significantly higher risks. The cost capital is significantly decreased in this approach that maximizes the profit.The Moderate or the Hedging Approach: This approach involves moderate risks along with moderate profitability. In this approach, the fixed assets and the permanent working capital are financed from long-term sources whereas the variable working capital is sourced from the short-terms sources.SIGNIFICANCE OF ADEQUATE WORKING CAPITALMaintenance of adequate working capital is extremely important because of the following factors:Adequate working capital ensures sufficient liquidity that ensures the solvency of the organisation.Working capital ensured prompt and on-time payments to the creditors of the organisation that helps to build trust and reputation.Lenders base their decisions for approving loans based on the credit history of the organisation. A good credit history can not only help an organisation to get fast approvals but also can result in reduced interest rates.Earning of profits is not a sufficient guarantee that the company can pay dividends in cash. Adequate working capital ensures that dividends are regularly paid.A firm maintaining adequate working capital can afford to buy raw materials and other accessories as and when needed. This ensures an uninterrupted flow of production. Adequate working capital, therefore, contributes to the fuller utilisation of resources of the enterprise.FACTORS FOR DETERMINING THE AMOUNT OF WORKING CAPITAL NEEDEDFactoring out the amount of working capital needed for running a business is an extremely important as well as difficult task. However, it is extremely critical for any firm to estimate this figure so that it can operate smoothly and be fully functional. There are several factors that need to be considered before arriving at a more or less accurate figure. The following are some of those factors that determine the amount of liquid cash and ass ets required for any firm to operate smoothly:Nature of business: A trading company requires large working capital. Industrial companies may require lower working capital. A banking company, for example, requires the maximum amount of working capital. Basic and key industries, public utilities, etc. require low working capital because they have a steady demand and continuous cash-inflow to meet current liabilities.Size of the business unit: The amount of working capital depends directly upon the volume of business. The greater the size of a business unit, the larger will be the requirements of working capital.Terms of purchase and terms of sale: Use of trade credit may lead to lower working capital while cash purchases will demand larger working capital. Similarly, credit sales will require larger working capital while cash sales will require lower working capital.Turnover of inventories: If inventories are large and their turnover is slow, we shall require larger capital but if inv entories are small and their turnover is quick, we shall require lower working capital.Process of manufacture: Long-running and more complex process of production requires larger working capital while simple, short period process of production requires lower working capital.Importance of labour: Capital intensive industries e.g. mechanized and automated industries generally require less working capital while labour intensive industries such as small scale and cottage industries require larger working capital.Some great further readings on capital working management that we strongly recommend: 1, 2, 3.

Chinua Achebe s Things Falls Apart - 969 Words

Chinua Achebe, the author of Things Falls Apart, displays the struggle between tradition and changes which were brought by the British to the Umuofia tribe. The Igbo community of Umuofia was led by a man named Okonkwo, who is the main character of this story. Okonkwo is a vigorous and brutal man. However, his fear of weakness leads him to tragedy. Okonkwo, the leader of the Umuofia tribe, is described as tall and massive. He is also powerful, and everyone respects him. Okonkwo is a prosperous farmer of yams with his three wives and multiple children. Even though many admire Okonkwo s strength and leadership, they are afraid of him. Okonkwo has many positive characteristics, yet he also has his flaws. Okonkwo’s nature is symbolized as fire because he is fierce and destructive. He often acts before he thinks, is abusive, stubborn, demanding, and impulsive. He often acts before he thinks. His irrational behavior was caused by the fear of being weak. Throughout his life, as told by the book, Okonkwo tries hard not to be like his father, Unoka. According to Okonkwo, his father was an embarrassment because he was lazy and a coward. Okonkwo fears that he will become like his father, which drives him to become successful in life. Achebe, the author, explained, â€Å"his whole life was dominated by fear, the fear of failure and weakness.† (13) Due to his fear, Okonkwo does not want to lose his self-worth. Therefore, he pushes himself and everyone around him. Okonkwo s hard work andShow MoreRelatedChinua Achebe s Things Fall Apart1719 Words   |  7 PagesThings fall apart is a classic novel written around the turn of the century, the novel focuses on the protagonist who we can also call a hero, Okonkwo. Okonkwo is a wealthy and respected leader within the Igbo tribe of Umuofia in eastern Nigeria. Strong individual with a passionate belief in all the values and traditions of his people. Chinua Achebe presents Okonkwo as a particular kind of tragic protagonist, a great man who carries the fate of his people. Okonkwo is a man who is inflexible andRead MoreChinua Achebe s Things Fall Apart1033 Words   |  5 PagesIntroduction Chinua Achebe is a famous Nigerian novelist in worldwide. Things fall apart is Chinua Achebe’s first novel published in 1958, the year after Ghana became the first African nation to gain independence. And this novel is one of the first African novels to gain worldwide recognition. (Phil Mongredien, 2010) This novel presents people a story of an African Igbo tribal hero, Okonkwo, from his growth to death. The fate of Okonkwo also indicates the fate of Africa caused by the colonizationRead MoreChinua Achebe s Things Fall Apart883 Words   |  4 Pagesdehumanize the native population and convince themselves that they are helping. Chinua Achebe’s book Things Fall Apart attempts to correct these misguided views of African societies by portraying a more complex culture that values peace, and the art of conversation. Achebe also tries to portray the idea that not all European people they come in contact with are aggressive, and misconstrued in their view of the African societ ies. Achebe tries to show us the value of his society through repeated views into conversationsRead MoreChinua Achebe s Things Fall Apart1410 Words   |  6 PagesTeddy Manfre Ms. Blass ENG 209-001 April 24, 2017 Things Fall Apart In 1958, Chinua Achebe a famous Nigerian author publishes one of his most famous novels Things Fall Apart. The novel takes place in a Nigerian village called Umuofia. During the time that this novel is published Nigeria is being criticized by the Europeans for being uncivilized. In response, Achebe uses his brilliance in this novel to express the valued history of his people to his audience. His focus in the novel is on the pre-colonizedRead MoreChinua Achebe s Things Fall Apart1015 Words   |  5 PagesIn his novel Things Fall Apart, author Chinua Achebe utilizes his distinctive writing style in order to accurately capture the culture and customs of the Igbo people despite writing his story in a foreign language. Five aspects of Achebe’s style that make his writing unique is the straightforward diction present in dialogue, the inclusion of native parables convey Igbo life authentically, the inclusion of native Igbo words and phrases, detailed descriptions of nature and the usage of figurative languageRead MoreChinua Achebe s Things Fall Apart1702 Words   |  7 PagesTitle: Things Fall Apart Biographical information about the author: Chinua Achebe was born in Nigeria in 1930. He had an early career as a radio host, and later became the Senior Research Fellow at the University of Nigeria. After moving to America, he became an English professor at the University of Massachusetts, Amherst. Achebe has won numerous awards for his poetry and fiction, including the Man Booker prize and Commonwealth Poetry Price. He currently teaches at Bard College. Author: Chinua AchebeRead MoreChinua Achebe s Things Fall Apart Essay1347 Words   |  6 PagesCulture is an Important Element of Society Chinua Achebe is the author of when Things Fall Apart while Joseph Conrad authored Heart of Darkness. Conrad and Achebe set their individual titles in Africa; Achebe is an African writer whereas Conrad is Polish-British. The authors draw strength from their backgrounds to validity the authenticity of their fictional novels. Conrad writes from his experiences in the British and French navies while Achebe uses his African heritage. The theme of culture isRead MoreChinua Achebe s Things Fall Apart1248 Words   |  5 PagesChris Lowndes Ms. Cook A.P.L.C. 21 October 2015 We Are Family: Hardships in One s Family in Things Fall Apart Specific attributes correlate with each other to help create or not create the ideal strong family. However, through those attributes arise conflicts and major disputes. This issue of trying to achieve and create a strong family is of immense importance in one’s life, especially in Chinua Achebe’s, Things Fall Apart, a milestone in African literature. For instance, the father leaves his legacyRead MoreChinua Achebe s Things Fall Apart Essay1682 Words   |  7 Pagescertain degree of the priest class, libation, holidays, creation stories, divine systems of punishments and rewards. In the novel, Things Fall Apart, written by Chinua Achebe, is a story of tragic fall of a protagonist and the Igbo culture. Achebe demonstrates different examples and situations of where an African culture, in the instances of tribal religions, did certain things because of their tradition is and the way they developed into. African cultures pondered life mysteries and articulated theirRead Mo reChinua Achebe s Things Fall Apart1314 Words   |  6 PagesChinua Achebe masterpiece â€Å"Things Fall Apart† (1959) is the classic story of Okonkwo, a young man who strives to be revered by his village and family but because of his own internal character flaws meets his own demise. In the Igbo culture, family traditions are an important narrative throughout the novel. Okonkwo, the protagonist character of this story, begins with many attributes of what would be concluded as a hero with his cultural society. He is hard working, a material provider, feared and

A Report On The Airline Industry - 1218 Words

Introduction The first scheduled commercial airline flight lasted only 23 minutes and had one passenger who paid $400 on January 1, 1914 according to www.ibtimes.com. The webpage goes on to say that on January 1, 2014, an estimated 8 million people flew on nearly 10,000 flights. This illustrates how far along the airline industry has come. We also now fly cargo by itself further proving how far the airline industry has come. The airline industry operates in various countries all over the world, and is in part responsible for the formation of an international economy. The airline industry alone is considered to be a key economic force in the world; in regards to the industry itself as well as the impact it has on other industries such as†¦show more content†¦The operations department makes sure to maintain aircraft safety as efficiently as possible. Operations department, also include the dispatchers who release flights after making sure it is safe to fly. According to AVjobs, â€Å"Maintenance accounts for approximately 11 percent of an airline’s employees and 10-15 percent of its operating expenses.† Maintenance department is responsible for maintaining the planes in proper working condition. Sales and marketing, according to AVjobs, â€Å"encompasses such activities as pricing, scheduling, advertising, ticket and cargo sales, reservations and customer service, including food ser vices.† What’s included in the reservation and ticketing department is pretty straightforward as it’s the tickets whether printed or electronic. Staff personnel include, â€Å"specialists in such fields as law, accounting, finance, employee relations and public relations. Their function is to support the work of the line personnel, so that the airline runs efficiently and earns a profit.† Avjobs says this about subcontractors, â€Å"While major airlines typically

Blood Promise Chapter Twenty-Three Free Essays

string(94) " worn it since I was last in the Belikov house and had set it on the table next to the nazar\." Unfortunately, I couldn’t remember where I’d felt it before. Considering everything else that had been happening to me, the fact that I’d even recalled it at all was remarkable. My memories were a little scattered, but I did my best to sift through them, wondering where I had experienced that tickling in my brain. We will write a custom essay sample on Blood Promise Chapter Twenty-Three or any similar topic only for you Order Now I received no answers, and pondering it all soon became as frustrating as coming up with an escape plan. And as more time passed, I realized I really did need an escape plan. The endorphin withdrawal was killing me, but I was thinking more and more clearly as the effects left my system. I was astonished at how out of it I’d let myself become. As soon as I’d allowed Dimitri to bite me†¦ I’d fallen apart. I’d lost my higher reasoning. I’d lost my strength and skills. I’d become soft and silly and stupid. Well, not entirely. If I’d completely lost it, I’d be a Strigoi now. There was some comfort, at least, in knowing that even while high on bites, some part of me had still fought through and refused to succumb. Knowing I wasn’t as entirely weak as I’d believed helped keep me going. It made it easier to ignore the yearning in my body, to distract myself with bad TV and eating all the food in the little refrigerator. I even stayed awake for a long time in the hopes of exhausting myself. It worked, and I crashed as soon as I hit the pillow, drifting into a dreamless sleep with no withdrawal effects. I was awakened later when a body slid into bed beside me. I opened my eyes and stared right into Dimitri’s red ones. For the first time in days, I looked at him with fear, not love. I kept that off my face, though, and smiled at him. I reached out and touched his face. â€Å"You’re back. I missed you.† He caught my hand and kissed my palm. â€Å"I had things to do.† The shadows shifted on his face, and I caught the tiniest glimpse of dried blood near his mouth. Grimacing, I rubbed it off with my finger. â€Å"So I see.† â€Å"It’s the natural order, Rose. How are you feeling?† â€Å"Better. Except†¦Ã¢â‚¬  â€Å"What?† I looked away, conflicted again. The look in his eyes just then was more than simple curiosity. There was concern there-only a little-but it was there. Concern for me. And yet only a moment ago, I’d wiped blood from his face-blood from some poor person whose life had been snuffed out within the last few hours, most likely. â€Å"I was in Lissa’s head,† I said at last. There was no harm in telling him this. Like Nathan, he knew she was at the Academy. â€Å"And†¦ I got pushed out.† â€Å"Pushed out?† â€Å"Yeah†¦ I was seeing through her eyes like I usually do, and then some force†¦ I don’t know, an invisible hand shoved me out. I’ve never felt anything like it.† â€Å"Maybe it’s a new spirit ability.† â€Å"Maybe. Except, I’ve been watching her regularly, and I’ve never seen her practice or even consider anything like that.† He shrugged slightly and put an arm around me. â€Å"Being awakened gives you better senses and accessibility to the world. But it doesn’t make you omniscient. I don’t know why that happened to you.† â€Å"Clearly not omniscient, or else Nathan wouldn’t want information about her so badly. Why is that? Why are the Strigoi fixated on killing the royal lines? We know they’ve-you’ve-been doing it, but why? What does it matter? Isn’t a victim a victim-especially when plenty of Strigoi used to be royal Moroi?† â€Å"That requires a complicated answer. A large part of hunting Moroi royalty is fear. In your old world, royalty are held above all others. They get the best guardians, the best protection.† Yes, that was certainly true. Lissa had discovered that much at Court. â€Å"If we can still get to them through that, then what does it say? It means no one is safe. It creates fear, and fear makes people do foolish things. It makes them easier prey.† â€Å"That’s horrible.† â€Å"Prey or-â€Å" â€Å"Yeah, yeah, I know. Prey or predator.† His eyes narrowed slightly, apparently not liking the interruption. He let it go. â€Å"There’s also a benefit to unraveling Moroi leadership. That creates instability, too.† â€Å"Or maybe they’d be better off with a change of leadership,† I said. He gave me another odd look, and I was a bit startled myself. There I was, thinking like Victor Dashkov again. I realized I should just be quiet. I wasn’t behaving like my usual scattered and high self. â€Å"What’s the rest?† â€Å"The rest†¦Ã¢â‚¬  A smile curved up his lips. â€Å"The rest is prestige. We do it for the glory of it. For the reputation it gives us and the satisfaction of knowing we’re responsible for destroying that which others haven’t been able to destroy for centuries.† Simple Strigoi nature. Malice, hunting, and death. There didn’t need to be any other reasons. Dimitri’s gaze moved past me to my bedside table. It was where I took off all my jewelry at night and laid it out. All his gifts were there, glittering like some pirate’s treasure. Reaching over me, he lifted up the nazar on its chain. â€Å"You still have this.† â€Å"Yup. Not as pretty as your stuff, though.† Seeing the blue eye reminded me of my mother. I hadn’t thought about her in a very long time. Back in Baia, I’d grown to see Olena as a secondary mother, but now†¦ now I kind of wished for my own. Janine Hathaway might not cook and clean, but she was smart and competent. And in some ways, I realized with a start, we thought alike. My traits had come from her, and I knew with certainty that in this situation, she wouldn’t have stopped planning escape. â€Å"This I haven’t seen before,† Dimitri said. He’d set the nazar back down and picked up the plain silver ring Mark had given me. I hadn’t worn it since I was last in the Belikov house and had set it on the table next to the nazar. You read "Blood Promise Chapter Twenty-Three" in category "Essay examples" â€Å"I got it while I was-† I stopped, realizing I hadn’t ever brought up my travels before Novosibirsk. â€Å"While you were what?† â€Å"While I was in your hometown. In Baia.† Dimitri was playing with the ring, moving it from fingertip to fingertip, but he paused and glanced over at me when I said the name. â€Å"You were there?† Strangely, we hadn’t talked much about that. I’d mentioned Novosibirsk a few times, but that was it. â€Å"I thought that’s where you’d be,† I explained. â€Å"I didn’t know that Strigoi did their hunting in cities here. I stayed with your family.† His eyes returned to the ring. He continued playing with it, twirling it and rolling it around. â€Å"And?† â€Å"And†¦ they were nice. I liked them. I hung out with Viktoria a lot.† â€Å"Why wasn’t she at school?† â€Å"It was Easter.† â€Å"Ah, right. How was she?† â€Å"Fine,† I said quickly. I couldn’t bring myself to tell him about that last night with her and Rolan. â€Å"Karolina’s good too. She reminds me of you. She really laid into some dhampir guys who were causing trouble.† He smiled again, and it was†¦ nice. I mean, the fangs still made it creepy, but it didn’t have that sinister edge I’d come to expect. There was fondness in his face, true affection that startled me. â€Å"I can see Karolina doing that. Did she have her baby yet?† â€Å"Yeah†¦Ã¢â‚¬  I was still a little thrown off by that smile. â€Å"It was a girl. Zoya.† â€Å"Zoya,† he repeated, still not looking at me. â€Å"Not a bad name. How was Sonya?† â€Å"Okay. I didn’t see too much of her. She’s a little touchy†¦ Viktoria says it’s because of the pregnancy.† â€Å"Sonya’s pregnant too?† â€Å"Oh. Yeah. Six months, I think.† His smile dimmed a little bit, and he almost seemed concerned. â€Å"I suppose it had to happen sooner or later. Her decisions aren’t always as wise as Karolina’s. Karolina’s children were by choice†¦ I’m guessing Sonya’s was a surprise.† â€Å"Yeah. I kind of got that feeling too.† He ticked off the rest of his family members. â€Å"My mother and grandmother?† â€Å"Er, fine. Both of them.† This conversation was becoming increasingly strange. Not only was it the first normal one we’d had since I’d arrived, it was also the first time he’d really seemed interested in anything that wasn’t Strigoi related or that didn’t involve kissing and biting, aside from some reminiscing about our early fights together-and the teasing reminders of sex in the cabin. â€Å"Your grandmother scared me a little.† He laughed, and I flinched. It was so, so close to his old laugh. Closer than I’d ever imagined it could be. â€Å"Yes, she does that to people.† â€Å"And she pretended not to speak English.† That was a pretty small detail in the grand scheme of things, but it still kind of pissed me off. â€Å"Yes, she does that too.† He continued smiling, voice fond. â€Å"Do they all still live together? In that same house?† â€Å"Yup. I saw the books you told me about. The pretty ones-but I couldn’t read them.† â€Å"That’s where I first got into American westerns.† â€Å"Man, I loved making fun of you over those.† He chuckled. â€Å"Yes, between that, your stereotypes about Eastern European music, and the whole ? ®comrade’ thing, you had plenty of material.† I laughed too. â€Å"? ®Comrade’ and the music were kind of out of line.† I’d almost forgotten about my old nickname for him. It didn’t fit anymore. â€Å"But you brought the cowboy thing on yourself, between the leather duster and-† I stopped. I’d started to mention his duty to help those in need, but that was hardly the case anymore. He didn’t notice my lapse. â€Å"And then you left them and came to Novosibirsk?† â€Å"Yeah. I came with those dhampirs I was hunting with†¦ those other unpromised ones. I almost didn’t, though. Your family wanted me to stay. I thought about doing it.† Dimitri held the ring up to the light, face shadowed with thought. He sighed. â€Å"You probably should have.† â€Å"They’re good people.† â€Å"They are,† he said softly. â€Å"You might have been happy there.† Reaching over, he set the ring back on the table and then turned to me, bringing our mouths together. It was the softest, sweetest kiss he’d given me as a Strigoi, and my already considerable shock increased. The gentleness was fleeting, though, and a few seconds later, our kissing returned to what it usually was, forceful and hungry. I had a feeling he was hungry for more than just kissing, too, despite having fed recently. Pushing aside my confusion over how†¦ well, normal and kind he’d seemed while talking about his family, I tried to figure out how I was going to dodge more biting without raising suspicion. My body was still weak and wanting it, but in my head, I felt more like myself than I had in ages. Dimitri pulled up from the kiss, and I blurted out the first thing that came to mind before he could do anything else. â€Å"What’s it like?† â€Å"What’s what like?† â€Å"Kissing.† He frowned. Score one for me. I’d momentarily baffled an undead creature of the night. Sydney would be proud. â€Å"What do you mean?† â€Å"You said being awakened enhances all the senses. Is kissing different then?† â€Å"Ah.† Understanding flashed over his features. â€Å"It is, kind of. My sense of smell is stronger than it used to be, so your scent comes through much more intensely†¦ your sweat, the shampoo in your hair†¦ it’s beyond what you can imagine. Intoxicating. And of course, sharper taste and touch make this better.† He leaned down and kissed me again, and something about his description made my insides queasy-in a good way. That wasn’t supposed to happen. My hope was to distract him-not myself. â€Å"When we were outside the other night, the flowers were really strong. If they’re strong to me, are they overwhelming to you? I mean, do the scents get to be too much?† And so it began. I bombarded him with as many questions as I could, asking him about all aspects of Strigoi life. I wanted to know what it was like, how he felt†¦ I asked everything with curiosity and enthusiasm, biting my lip and turning thoughtful at all the right places. I could see his interest grow as I spoke, though his attitude was brisk and efficient-in no way resembling our earlier affectionate conversation. He was hoping that I was finally on the verge of agreeing to turn. As the questioning continued, so also did my outward signs of fatigue. I yawned a lot, lost my train of thought a lot. Finally, I rubbed my eyes with my hands and yawned again. â€Å"There’s so much I didn’t know†¦ still don’t know†¦Ã¢â‚¬  â€Å"I told you it was amazing.† Honestly, some of it was. Most of it was creepy as hell, but if you got over the whole undead and evil thing, there were definitely some perks to being Strigoi. â€Å"I have more questions,† I murmured. I closed my eyes and sighed, then opened them as though forcing myself to stay awake. â€Å"But†¦ I’m so tired†¦ I still don’t feel good. You don’t think I have a concussion, do I?† â€Å"No. And once you’re awakened, it won’t matter anyway.† â€Å"But not until you answer the rest of my questions.† The words were muffled in a yawn, but he understood. It took him a while to respond. â€Å"Okay. Not until then. But time is running out. I told you that before.† I let my lids drift closed then. â€Å"But it’s not the second day yet†¦Ã¢â‚¬  â€Å"No,† he said quietly. â€Å"Not yet.† I lay there, steadying my breathing as much as I could. Would my act work? It was highly possible he would still drink from me even if he thought I was asleep. I was taking a gamble here. One bite, and all my work to fight the withdrawal would be wasted. I’d reset to how I’d been. As it was, I had no clue how I was going to dodge a bite next time†¦ but then, I didn’t think there’d be a next time. I’d be a Strigoi by then. Dimitri lay beside me for a few more minutes, and then I felt him move. Inside, I braced myself. Damn. Here it came. The bite. I’d been certain that our kissing was part of the allure of him drinking from me and that if I just fell asleep, the allure would be gone. Apparently not. All my pretending was for nothing. It was all over. But it wasn’t. He got up and left. When I heard the door close, I almost thought it was a scam. I thought for sure he was trying to fake me out and still actually stood in the room. Yet when I felt the Strigoi nausea fade, I realized the truth. He really had left me, thinking I needed to sleep. My act had been convincing. I immediately sat up, turning a few different things over in my mind. In that last bit of his visit, he’d seemed†¦ well, he’d reminded me more than ever of the old Dimitri. Sure, he’d still been Strigoi through and through, but there’d been something else. A bit of warmth to his laugh. Sincere interest and affection upon hearing about his family. Had that been it? Had hearing news of his family triggered some piece of his soul buried within the monster? I confess, I felt a little jealous at the thought that they might have wrought the change in him that I couldn’t. But he’d still had that same warmth in talking about us, just a little†¦ No, no. I had to stop this. There was no change. No reversal of his state. It was wishful thinking, and the more I regained my old self, the more I realized the truth of the situation. Dimitri’s actions had made me recall something. I’d completely forgotten about Oksana’s ring. I picked it up from the table and slipped it on my finger. I felt no noticeable change, but if the healing magic was still in it, it might help me. It could expedite my body and mind healing from the withdrawal. If any of Lissa’s darkness was bleeding into me, the ring could help dampen that, too. I sighed. No matter how often I told myself I was free of her, I never would be. She was my best friend. We were connected in a way that few could understand. The denial I’d been living under lifted. I regretted my actions with Adrian now. He’d come to me for help, and I’d thrown his kindness back in his face. Now I was bereft of communication with the outside world. And thinking of Lissa reminded me again of what had happened earlier when I’d been in her mind. What had pushed me out? I hesitated, pondering my course of action. Lissa was far away and possibly in trouble. Dimitri and the other Strigoi were here. But†¦ I couldn’t walk away quite yet. I had to take one more look at her, just a quick one†¦ I found her in an unexpected place. She was with Deirdre, a counselor on campus. Lissa had been seeing a counselor ever since spirit had begun manifesting, but it had been someone else. Expanding my senses to Lissa’s thoughts, I read the story: Her counselor had left shortly after the school’s attack. Lissa had been reassigned to Deirdre-who had once counseled me when everyone thought I was going crazy over Mason’s death. Deirdre was a very polished-looking Moroi, always meticulously dressed with her blond hair styled to perfection. She didn’t look much older than us, and with me, her counseling method had resembled a police interrogation. With Lissa, she was more gentle. It figured. â€Å"Lissa, we’re a little worried about you. Normally, you would have been suspended. I actually stopped that from happening. I keep feeling like there’s something going on that you aren’t telling me. Some other issue.† Lissa suspended? I again reached in to read the situation and found it. Last night, Lissa and others had been busted for breaking into the library of all places and having an impromptu party complete with alcohol and destruction to some of the property. Good God. My best friend needed to join AA. Lissa’s arms were crossed, her demeanor almost combative. â€Å"There’s no issue. We were just trying to have fun. I’m sorry for the damage. If you want to suspend me, go ahead.† Deirdre shook her head. â€Å"That’s not my decision. My concern is the why here. I know you used to suffer from depression and other problems because of your, ah, magic. But this feels more like some kind of rebellion.† Rebellion? Oh, it was more than that. Since their fight, Lissa had been unable to find Christian, and it was killing her. She couldn’t handle downtime now. All she thought about was him-or me. Partying and risk taking were the only things that could distract her from us. â€Å"Students do this stuff all the time,† argued Lissa. â€Å"Why is it a big deal for me?† â€Å"Well, because you put yourself in danger. After the library, you were on the verge of breaking into the pool. Swimming while intoxicated is definite cause for alarm.† â€Å"Nobody drowned. Even if someone had started to, I’m sure that between all of us, we could have pulled them out.† â€Å"It’s just alarming, considering some of the self-destructive behaviors you once exhibited, like the cutting†¦Ã¢â‚¬  So it went for the next hour, and Lissa did as good a job as I used to in dodging Deirdre’s questions. When the session ended, Deirdre said she wasn’t going to recommend disciplinary action. She wanted Lissa back for more counseling. Lissa would have actually preferred detention or cleaning boards. As she stalked furiously across campus, she spotted Christian going in the opposite direction. Hope lit the blackness of her mind like sunshine. â€Å"Christian!† she yelled, running up to him. He stopped, giving her a wary look. â€Å"What do you want?† â€Å"What do you mean what do I want?† She wanted to throw herself in his arms and have him tell her everything would be okay. She was upset and overwhelmed and filled with darkness†¦ but there was a piece of vulnerability there that desperately needed him. â€Å"I haven’t been able to find you.† â€Å"I’ve just been†¦Ã¢â‚¬  His face darkened. â€Å"I don’t know. Thinking. Besides, from what I hear, you haven’t been too bored.† No surprise everyone knew about last night’s fiasco. That kind of thing spread like wildfire thanks to the Academy’s gossip mill. â€Å"It was nothing,† she said. The way he regarded her made her heart ache. â€Å"That’s the thing,† he said. â€Å"Everything’s nothing lately. All your partying. Making out with other guys. Lying.† â€Å"I haven’t been lying!† she exclaimed. â€Å"And when are you going to get over Aaron?† â€Å"You aren’t telling me the truth. It’s the same thing.† It was an echo of Jill’s sentiment. Lissa barely knew her and was really starting to hate her. â€Å"I just can’t handle this. I can’t be a part of you going back to your days of being a royal girl doing crazy stunts with your other royal friends.† Here’s the thing. If Lissa had elaborated on her feelings more, on just how much her guilt and depression were eating her up and making her spin out of control†¦ well, I think Christian would have been there for her in an instant. Despite his cynical exterior, he had a good heart-and Lissa owned most of it. Or used to. Now all he could see was her being silly and shallow and returning to a lifestyle he despised. â€Å"I’m not!† she exclaimed. â€Å"I’m just†¦ I don’t know. It just feels good to sort of let loose.† â€Å"I can’t do it,† he said. â€Å"I can’t be with you if that’s your life now.† Her eyes went wide. â€Å"Are you breaking up with me?† â€Å"I’m†¦ I don’t know. Yeah, I guess.† Lissa was so consumed by the shock and horror of this that she didn’t really see Christian the way I did, didn’t see the agony in his eyes. It destroyed him to have to do this. He was hurting too, and all he saw was the girl he loved changing and becoming someone he couldn’t be with. â€Å"Things aren’t the way they used to be.† â€Å"You can’t do that,† she cried. She didn’t see his pain. She saw him as being cruel and unfair. â€Å"We need to talk about this-figure it out-â€Å" â€Å"The time for talking’s past,† he argued. â€Å"You should have been ready to talk sooner-not now, not when things suddenly aren’t going your way.† Lissa didn’t know whether she wanted to scream or cry. She just knew she couldn’t lose Christian-not after losing me, too. If she lost both of us, there was nothing left for her in the world. â€Å"Please, don’t do this,† she begged. â€Å"I can change.† â€Å"I’m sorry,† he snapped. â€Å"I just don’t see any evidence of that.† He turned and abruptly walked away. To her, his departure was harsh and cold. But again, I’d seen the anguish in his eyes. I think he left because he knew if he stayed, he wasn’t going to be able to go through with this decision-this decision that hurt but that he felt was right. Lissa started to go after him when a hand suddenly pulled her back. She turned and saw Avery and Adrian standing there. From the looks on their faces, they’d overheard everything. â€Å"Let him go,† said Adrian gravely. He’d been the one to grab her. He dropped his hand and laced his fingers through Avery’s. â€Å"Going after him now’s just going to make it worse. Give him his space.† â€Å"He can’t do this,† said Lissa. â€Å"He can’t do this to me.† â€Å"He’s upset,† said Avery, her concern mirroring Adrian’s. â€Å"He isn’t thinking straight. Wait for him to cool off, and he’ll come around.† Lissa stared off after Christian’s retreating figure, her heart breaking. â€Å"I don’t know. I don’t know if he will. Oh God. I can’t lose him.† My own heart broke. I wanted so badly to go to her, to comfort her and be there for her. She felt so alone, and I felt horrible for leaving her. Something had pushed her into this downward spiral, and I should have been there to help her out of it. That was what best friends did. I needed to be there. Lissa turned back and looked at Avery. â€Å"I’m so confused†¦ I don’t know what to do.† Avery met her eyes, but when she did†¦ the strangest thing happened. Avery wasn’t looking at her. She was looking at me. Oh jeez. Not you again. The voice rang in my head, and snap! I was out of Lissa. There it was, the mental shove, the brush of my mind and waves of hot and cold. I stared around my room, shocked at how abrupt the transition had been. Yet I’d learned something. I knew then that Lissa hadn’t been the one to shove me out before or now. Lissa had been too distracted and too distraught. The voice? That hadn’t been hers either. And then, I finally remembered where I’d felt that brushing touch in my head. Oksana. It was the same sensation I’d experienced when she had reached out to my mind, trying to get a feel for my moods and intentions, an action that both she and Mark admitted was invasive and wrong if you weren’t bonded to someone. Carefully, I replayed what had just happened with Lissa. Once again, I saw those last few moments. Blue-gray eyes staring at me-me, not Lissa. Lissa hadn’t pushed me out of her head. Avery had. How to cite Blood Promise Chapter Twenty-Three, Essay examples

Luther Love Disscussion Essays - Spirituality, Christian Soteriology

Luther Love Disscussion Eric Pacheco Love As Ethic and Idea Rewrite Paper 2 Spring April 2001 Throughout history and especially since the sixteenth century many Roman Catholics like Martin Luther, have distinguished ordinary or acquired prayer, even if occurring at a super conceptual level of love, adoration, and desire for God, from the extraordinary or absorbed contemplation which is entirely the work of God's special grace. Only the latter is mystical in a strict sense, according to this view. Other writers, such as Bonaventure, can apply the terms of mysticism to all communions with God. Martin Luther, a fifteen-century monk, questions all that is caritas though three campaigns. The first campaign Luther uses attacks the heavenly ladder. The heavenly ladder becomes questionable to Luther. Martin Luther believes if there was such a ladder then it would be God in all his perfection coming to us, and not the other way around. We cannot simply climb up to God in heaven by human actions alone. The second campaign Luther uses attacks the formula fides caritate formata (also known as faith formed by caritas). Martin Luther refuses the idea of indulgences, which spare you from purgatory. In other words Luther can not accept paying for absolution. As if God can be bribed to climb the fictional ladder used in the first campaign. The third and final campaign (I will mention) Luther uses attacks the self-love of caritas. Martin Luther argues that self-love is inherently bad. This self love is the ultimate expression of sin, in the Luthers opinion one should love thy neighbor ins tead of yourself. This self-love Page 2 carries the idea of selfishness. God should be the only one to through you, love you and others. Luther discusses laws for the Reformation of caritas. One must first Hammer, which means to breakdown our self-love. The second laws that Martin Luther discusses Is Mirror, which reveals our self to our sin. Luther suggests that though grace one can enter the Kingdom of Heaven. While Luther had a well-known antipathy to mystics, it is also true that there is the foundation of mystical life in his theology of the heart, particularly in his early thought. Perhaps through mysticism on can gain grace to stand with God. Bonaventure emphasized the total dependence of all things upon God, and he wrote guides to mystic contemplation. There are certain common fallacies current about mysticism: that mystics are not practical and that they are revolutionary. On the contrary, many of the greatest mystics have been both intensely active as well as submissive to authority of whatever sort. Mysticism does not promote solitary thinking. Nor is the solitary thinker necessarily, or even usually, a mystic. Mysticism mainly states that God is all around us in nature in and in us. There is no need for a church and system to be close with God or to be one with him. There are two general tendencies in the speculation of mysticsto regard God as outside the soul, which rises to its God by successive stages, or to regard God as dwelling within the soul and to be found by delving deeper into one's own reality. The idea of transcendence, as held most firmly by mystics, is the kernel of the ancient mystical Page 3 system, Neoplatonism, and of Gnosticism. Their explanation of the connection between God and humans by emanation is epoch-making in the philosophy of contemplation. In the plain language of old-fashioned theology man's sin is stamped upon man's universe. One can see a false world because we live a sham life. According to mysticism the average people do not know themselves; hence do not know the true character of their senses and instincts; hence attribute wrong values to their suggestions and declarations concerning our relation to the world. This lucid apprehension of the True is what mysticism means when it speak of the Illumination, which results from a faithful acceptance of the trials of the Purgative Way. That which we call the natural self as it exists in the natural world--the Adam of St. Paul--is wholly incapable of super-sensual adventure. All its activities are grouped about a center of consciousness whose correspondences are with the material world. In the moment of its awakening, it is abruptly made