Sectionalism became very tensed in the late 1940s because of the separation of the North and the South because of the slavery. People in the North were focusing on industrializing, urbanizing, and building factories while the people from the South concentrated in agriculture. The Southerners was claiming that the North's factories weren't treating everyone fairly and lead into a war.
The three parts of the executive power are: the President, who is the head of the government as well as the armed forces. According to the constitution he is the guarantor of the application of the laws. Among its executive powers, it can enact executive orders, which have legal validity for federal bodies. The Vice President is the second office of the government and in case of death, resignation, destruction or serious impediments takes the place of the President. This fact has happened only nine times in American history. He is the president of the Senate and has the power to resolve any disputes with his vote. The Cabinet of Government is made up of 15 departments nominated by the President and the Senate which must be confirmed and / or rejected by a simple majority vote. The members of the Cabinet are responsible for directing departments (also called ministries) including those of Justice and the Department of Defense.
The president who used the slogan "The dollar stops here" is Harry S.Truman. Truman was born in 1884 and died in 1972 and was both vice president and 33 president of the United States of America from 1945 to 1953 under the Democratic party. Truman remembers especially for the atomic bombing on Hiroshima and Nagasaki at the end of the 2nd world war, the cold war with Russia and the Korean war, and the war in Vietnam.
The saying "the dollar stops here" comes from the slang expression "pass the time", meaning how to pass the responsibility. President Truman understood it as "the decision must be taken" in the sense that nothing but the president (whoever he is) must make the decisions! So this slogan symbolizes the heavy responsibility that weighs on the shoulders of the President and by extension of all those people who have executive power in the nation.
January 17, 2018 09:00 ET | Source: Umbra Applied Technologies Group, Inc.
TAMPA, Fla., Jan. 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE Umbra Applied Technologies, Inc. (OTC:UATG) Chairman is pleased to issue the following letter to shareholders today:
January 17, 2018
UATG Shareholders
Re: Umbra Applied Technologies Group, Inc.
2018 Chairman’s Letter
(UATG:PK) Year 2018
Chairman's Letter
“UAT Group and its subsidiaries, operate with the understanding that what we do matters and as such our decisions bear consequences.”
Dear Fellow Shareholders,
First, I would like to wish everyone a prosperous New Year and I hope everyone enjoyed the holidays.
As the Chief Executive of a publicly traded company I am the fiduciary for all shareholders, many of whom have invested in UAT Group based on long-term goals such as retirement or to pay for a childs higher education. As such, I advocate and otherwise direct corporate governance practices that are in keeping with long-term value creation for our shareholders and clients. Last year I asked my executive team to help me outline a new strategic frame-work for long-term value creation that could be completed within the year. I am pleased to report that we have been successful in our execution and were so against significant odds.
Over the course of the past 12 months, many of the assumptions on which our plans were based, including low interest rates on capital and an expectation for continued globalization, have failed to sustain despite indicators to the contrary. With U.S. reflation, increasing rates, renewed growth, the increasing turbulence in Asia as a catalyst to geopolitical tensions, the prospective withdrawal of the United Kingdom from the European Union reshaping Europe and the United States undergoing a fundamental reformation of long held fiscal strategies; the economic environment has been and remains quite volatile. This does not mean that this company or the market at large is expected to be impacted negatively but it is a factor when crafting a long-term execution strategy.
The correct answer is second one
