Analysis on Intelligence Support Needed for HLS to Prevent Terrorism essays

Analysis on Intelligence Support Needed for HLS to Prevent Terrorism essays 1.Analyze and discuss the intelligence support needed to HLS to prevent terrorism. Homeland security needs an all-encompassing and single point clearing house for intelligence services and support. The centralized requirement will ensure that the big picture is always clear, and informing the big picture, the details are collected and collated from the various intelligence units. The establishment of the Department of Homeland Security (DNS) is a good starting point because the United States now has an organization with over 20 federal entities that can focus on three national security priorities: preventing terrorist attacks within the United States; reducing Americas vulnerability to terrorism; and minimizing the damage and facilitating the recovery from attacks that do occur (The White House, 2006). Aside from the establishment of the DHS, intelligence support can now be achieved with the reorganization of the American Intelligence community endowed with expanded budgetary, acquisition, tasking, and personnel authorities to integrate more effectively the effort s of the Community into a more unified, coordinated, and effective whole (The White House, 2006.) 2.Describe and assess the intelligence available before the 9/11 attack. There is intelligence per se available before the 9/11 attack and there are different agencies with the intelligence mandate. However, the intelligence situation then was like the right hand did not know what the left hand was doing. There was internal compartmentalization between agencies thus; the big intelligence picture was not clear as a result of each intelligence-mandated agency holding a piece of the puzzle or mosaic. As a point of policy, terrorism was not the overriding national security concern for the U.S. government under either the Clinton or the pre-9/11 Bush administration. The policy challenges were linked to this failure...

Banking Essays - Systemic Risk, Bank Regulation In The United States

Banking Essays - Systemic Risk, Bank Regulation In The United States Banking Banking So Much for That Plan More than 70% of commercial bank assets are held by organizations that are supervised by at least two federal agencies; almost half attract the attention of three or four. Banks devote on average about 14% of their non-interest expense to complying with rules (Anonymous 88). A fool can see that government waste has struck again. This tangled mess of regulation, among other things, increases costs and diffuses accountability for policy actions gone awry. The most effective remedy to correct this problem would be to consolidate most of the supervisory responsibilities of the regulatory agencies into one agency. This would reduce costs to both the government and the banks, and would allow the parts of the agencies not consolidated to concentrate on their primary tasks. One such plan was introduced by Treasury Secretary Lloyd Bentsen in March of 1994. The plan called for folding, into a new independent federal agency (called the Banking Commission), the regulatory portions of the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS). This plan would save the government $150 to $200 million a year. This would also allow the FDIC to concentrate on deposit insurance and the Fed to concentrate on monetary policy (Anonymous 88). Of course this is Washington, not The Land of Oz, so everyone can't be satisfied with this plan. Fed Chairman Alan Greenspan and FDIC Chairman Ricki R. Tigert have been vocal opponents of the plan. Greenspan has four major complaints about the plan. First, divorced from the banks, the Fed would find it harder to forestall and deal with financial crises. Second, monetary policy would suffer because the Fed would have less access to review the banks. Thirdly, a supervisor with no macroeconomic concerns might be too inclined to discourage banks from taking risks, slowing the economy down. Lastly, creating a single regulator would do away with important checks and balances, in the process damaging state bank regulation (Anonymous 88). To answer these criticisms it is necessary to make clear what the Fed's job is. The Fed has three main responsibilities: to ensure financial stability, to implement monetary policy, and to oversee a smoothly functioning payments system (delivering checks and transferring funds) (Syron 3). The responsibilities of the Fed are linked to the banking system. For the Fed to carry out its job it must have detailed knowledge of the working of banks and financial markets. Central banks know from the experience of financial crises that regulatory and monetary policy directly influence each other. For example, a banking crises can disturb monetary policy, discouraging lending and destroying consumer confidence, they can also disrupt the ability to make or receive payments by check or to transfer funds. It is for these reasons that it is argued that the Fed must maintain a regulatory role with banks. The Treasury plan would leave the Fed some access to the review of banks. The Fed, which lends through its discount window and operates an interbank money transfer system, would have full access to bank examination data. Because regulatory policy affects monetary policy and systemic risk, it is necessary that the Fed have at least some jurisdiction. The Fed must be able to effectively deal with current policy concerns. The Banking Commission would be mainly concerned with the safety and stability of the banks. This would encourage conservative regulations, and could inhibit economic growth. The Fed clearly has a hands on knowledge of the banking system. The common indicators of monetary policy - the monetary aggregates, the federal funds rate, and the growth of loans - are all influenced by bank behavior and bank regulation. Understanding changes and taking action in a timely fashion can be achieved only by maintaining contact with examiners who are directly monitoring banks (Syron 7). The banking system is what ultimately determines monetary policy. It is only common sense to have personnel in the Fed that have a better understanding of the system other than just through financial statements and examination reports. The Fed also needs the authority to change bank behavior that is inconsistent with its established monetary policy and with financial stability. This requires both the responsibility for writing the regulations and the responsibility for enforcing those regulations through bank supervision. State banking charters have already started to be affected. Under the proposed plan, state chartered banks would be subject to two regulators. While the federal bank would have only one. Thus, making the state bank charter less attractive. However, an increasing

Anishinaabe Tribe Essay Example | Topics and Well Written Essays - 500 words - 1

Anishinaabe Tribe - Essay Example In addition, it fuels feelings of animosity and hatred among people that are to co-exist mutually, helping each other in times of need. This paper examines a fishing controversy that has happened between two tribes in the Spear fishing Walleye in Wisconsin, stressing on the importance of the Lac Du Flambeau, an Ojibwe person to spear fish in the Valley, without necessarily having to seek permission from the Wisconsin Authorities. The fishes existing in the Walleye Valley are meant for economic and social use by the natives of this place. These people are meant to be the custodians of the river and the resources in it, and ensure that they exploit them for their welfare. In this case, they are mandated to use them for food, as well as important products for sale in the market in order to improve their economic welfare. As a native Ojibwe resident, it is important to note that this valley existed from time immemorial, where our ancestors used it for their economic lives. They would fish in this river to get food for their stomachs as well as sold some to advance their economic welfare. During this time, the ancestors did not have to get permission from authorities in order to use and manage these resources; they were motivated by their conscience to take good care of these resources for the welfare of the future generations. The conservation and management practices used by ancestors have been passed on the succeeding generations. This is something that should prompt the Wisconsin authorities to understand that the natives of Walleye in Wisconsin have the capacity to conserve and manage the fishing grounds and exploit them for their economic and social gains. In this case, they should be allowed to go on with spear fishing in the valley without having to worry that the resource will be misused. Another important consideration in allowing the Ojibwe people to spear fish in their traditional way is that this fishing style is does not lead to