Wednesday, May 4, 2011

bally RRJ 6

Bally
EAP1-B
International economics
May 3, 2011

Reading Reaction Journal #6


Reference:
Riley, Charles (2011, May 3) The bin Laden spending spree. CNN NEWS

http://money.cnn.com/2011/05/02/news/economy/security_spending/index.htm


Summary:
         This article talks about a period of costs for Bin Laden. For a decade since “911”, U.S government has created a lot of agencies, has hired thousands of new agents to analyze intelligence, and expand security apparatus. All of these actions have been spent 424 of billions dollars to protect America; even $40 billion were spent in a week after “911”. They are all for the one purpose, which is to stop terrorist attacks. Only the budget of 2012 will more than the gross domestic product of 132 countries in 2009. The budgets have been rising, because lawmakers have to accept every budget of war funding and domestic security, so they have to raise the taxes, let citizens to pay the bills. The 14 trillion of debt sets off alarm bells in Washington, they are planning to cut the budget.
Reaction:
        There are two big events were happened in a week, which are the royal wedding and the death of Bin Laden. My friends joked that “it’s just like a fairy tale, prince and princess were finally getting together, and the bad guy was died.” Hahahaha… The British just celebrated the wedding, and Americans are definitely will not being behind, they had a big celebration too. However, according to the news, there is a new guy are going to fill in for Laden, so the war of counter-terrorism is not terminated. The costs of security will be continue, the mission of protect America will be continue. Also, this year is the tenth anniversary of “911”, the U.S government should put more attention to the terrorism attack, keep eye on the bad guys, to prevent the tragedy.

Tuesday, May 3, 2011

RRJ 5


Bally
EAP1-B
International economics
April 26, 2011

Reading Reaction Journal #5


Reference:
Goldman, David, (2011, April 22) How Apple blocks its competition. CNN NEWS.
http://money.cnn.com/2011/04/22/technology/apple_supply_chain/index.htm
Summary:
        This article talks about how Apple beats its competitors. Apple’s products are always coming out fast, and give the customers what they want. Because iPad and iPhone are hot sallers, the components such as memory chips, touch screens, image sensors, batteries and the special resins have all been in short suppl. However, Apple still has enough components to complete their production. Other electronics makers have to delay their products’ publications. The advantage of Apple’s supply makes Apple’ products cheaper, and the cheap amazing products must be hot. The huge demands let Apple become one of the world's biggest component purchasers. Also, because Apple’s products are so different, Apple's sourcing strategy can be much more finely tuned than other companies with very disparate products.

Reaction:
        Apple reaps all the advantages. They have adequate supplies to make sure they complete productions; they have Apple fans all around the world. That makes Apple become stronger day be day, and no one can beat it. The customers always pay attention and kind of wait for the new generation products coming out. I just start thinking Steve Jobs. Jobs has a legendary career. He created Apple in his garage in 1976. In the next few years, his company achieved success, and earned a lot of money. However, he experienced bad times in 1985. His own company fired him, because the company didn’t run well. But he wasn’t discouraged, and he created a new computer company named NeXT, was soon doing well. Ten years later, Apple almost died, and Jobs came back to Apple, and became the chairman again. Afterwards he put out iMac successfully, and helped Apple survive. Then iBook, iPod, Apple TV, iTunes, iPhone, and iPad, these great products in the world came out one after another. Jobs created an electronics empire with his creation and persistence.