The Consumer and the Checking Account Fairness (CCAF) Act Essay

The Consumer and the Checking Account Fairness (CCAF) Act Near the end of 2004, the Check Clearing for the 21st Century Act (Check 21) went into effect, bringing with it fuse opinions on what consumers and bankers alike could count. The now law dealt with the exchange of digitized checks opposed to physical checks, and decreased processing time drastically. The belief among many circles was that checks would begin to bounce en masse, and that the consumer would be impacted in a drastic way. This paper touches on the underlying subject of the float as well as subsequent rule entitled the Consumer Checking Account Fairness Act (CCAF) that addresses imperfections in Check 21. We will offer information on both acts and show how we as the consumer can expect to be affected. The FloatVentureline.com defines the term float as being the time among the deposit of checks in a bank and when the amount is truly sociable (2005). This term, although unfamiliar to some, represents a time honor ed practice that virtually everyone, of any age, has become familiar with. With respect to our personal finances, a float is used to spoil the consumer time forward funds must be withdrawn from an account. It is advantageous to use from the standpoint of cash flow, as funds might not be available immediately to cover a check, but are expected. This gives the consumer a small amount of leeway in writing checks, as the float may afford the consumer several days before they must cover a check. In a business setting, things are a bit different. There are still advantages that can be realized from a cash flow standpoint, however the float is more of a tool than a resource for the business, and bodied use of the float has revolved more around profit than prevention. In every business, or household for that matter, there will always be twain separate balances for cash. The first refers to the actual recorded amount on the corporate books, while the second is represented by the balanc e that the bank shows. The difference between these figures, or the float, means that a business can take advantage of short term cash to use for other means. For example, if a company writes $1,000 deserving of checks to vendors and receives $1,000 from customers, there would be no difference in what the ... ...ve known it, is on life support. Check 21 may not have been designed for the consumption of eliminating float time, but it most certainly has achieved this as a by-product. It remains a mystery as to how much longer it will be before banks are able to spend the money to fully integrate with what has come to be known as IRDs, or image replacement documents. So in the meantime, depending upon whom you bank with, or the size of the check you write, may dictate whether or not your documents are electronically sent. One thing that is certain, the advantage has now swung in the direction of the banking center, and only time will tell whether or not there will be relief under CC AF.ReferencesBankston, Karen, Still Got Float, Credit wedding Management Jan2005Sisk, Michael, Its Time for a Reality Check on Check 21, Bank TechnologyNews Jan2005Retrieved Apr 25, 2005 from www.ventureline.com/glossarySchneider, Ivan, Cut the Fee or detention and See?, Bank Systems & Technology,2005, CMP media LLC. Retrieved April 26, 2005 from www.banktech.comSchneider, Ivan, The Flap Over The Float, Bank Systems & Technology, 2005,CMP media LLC. Retrieved April 26, 2005 from www.banktech.com

Speech On Black Panthers :: American History

The purpose of the speech I will give today is to make you tribe trust government less, any government. ( make out them about Canada)I.How much do you guys know about the civil rights era? Well today I will tell you some startling news about the black panthers, one of the people that gave their life for the cause, and Cointelpro, the FBI plan that killed him. II.I am not an expert, but have am in love with the topic.I.The Black Panther Party.A.The Black Panther Party was originally named The Black Panther Party for Self-defense.1.The Black Panther Party was founded by Huey P. Newton, Bobby Seale, and Richard Aoki in October 1966.2.The name came from a voting drive that was organized. Alabama law required that there is an emblem for illiterate voters, so the mascot for Clark Collage was chosen.3.They started out in the California bay area as a reaction to the growing crooked cops, blacks not having rights, and the war in Vietnam.4.They did not fallow passive declare like Martian Luther king instead they modeled themselves after the Black Nationalism preached by Malcolm X. Also they separated from non-violence and took up arms, being influenced by Robert F. Williams agree Negroes with Guns.5.After Getting out of prison for an assault charge Huey P. Newton returned to Oakland city collage in 1965. He and Bobby Seale grew dissatisfied with the inertia of the Afro-American Association. They began to witness more and more that the political and social climate at the time called for militancy. B.The Black panthers created the ten point program and platform.1.The program was a list of ask for the survival and advancement in the United States2.One Survival Program was called Breakfast for Kids. This program was one of the most effective, it began from a church in San Francisco and spread, the program fed thousands of children doneout the partys history3.Other services offered were Clothing, classes about politics and economics, medical clinics, and lesson s on self defense. 4.The first draft was adopted in 1966 and went through several revisions the last being finished in 1972, near the end of the Black Panther Party. 5.The Ten Point Program was also adopted by White Panther Party, The Young Lords Party, and The Brown Berets.

Compressed Air and Water :: science

Compressed Air and WaterThe goal of the fol subalterning research is to march that Carlton & United Breweries (CUB) reduced energy and water consumption will not only protect their environment, but also earn and save them extra income. create from raw stuff used to require active 25 litres of water per litre of beer, nowadays it requires only 4 to 5 litres*, on the other hand, compressed publicise accounts about 10% of electricity consumption in the industry*. CUB needs to use cutting edge technologies, more preventive maintenance programs and very artless ways in which the procedure can become cleaner* in order to reach and overcome these requirements. And lets not forget that both litre of water and watt of energy saved will be reflected as a profit.Water IssueCUB has taken the water douse in consideration, reducing its consumption by 7-9%, only by installing a recycling system which is capable of distributing re-used water for the cooling towers of the engine room, steam bo iler house, floor wash-down and pasteurisation*. However, there is a lot that can be done in order to reduce even more this percentage cisterns on the roof collect rainwater that can be used for the toilets and landscape irrigation, saving 3.9 million litres of potable water a year*, and also, can be purified and used as the re-used water if necessary*. Cascade Brewery, also from Australia, is saving an average of 5,812 KL per month*, some of their main water reduction actions are transposition of heat exchange equipment with more efficient units, steam condensate return to the boilers, The installation of a 32 KL tank at to collect water from the coke dioxide and air compressors for use as boiler feedwater, among others*.Compressed Air IssueNot much has been done in order to make a declarative reduction in the compressed air issue. Actually, it has reduced 1%, only by applying air knives instead of compressed air in order to modify the bottles before labelling and a leak identi fication program.There is wide range of possibilities CUB could work on in order to reduce its compressed air consumption, which its translated into less energy consumption from the air compressors and blowers. Switch to state of the art air compressors, these can really mean a huge going away regarding energy consumption*. Variable Speed compressors (VS), can match the air demand by adjusting the motors RPMs and energy consumption, however, VS are most efficient at low to mid capacity ranges (20-60% full load), and are designed only to intermittent operation at 100% capacity*.