Black People and Story Essay Example for Free

Black People and Story Essay What is the relevance of the title in Toni Morrison’s â€Å"Recitatif? † â€Å"Recitatif† is a short story written by Toni Morrison and first published in the anthropology â€Å"Confirmation: An Anthropology of American Women† in 1983. The author creates a pioneering story about the lives of two young girls, Roberta and Twyla, living in an orphanage during a period of racial inequality. Both girls had been taken away from their mothers, one for illness and one for indiscretion. What makes this story unique is that, while the characters are clearly separated by class, neither is affirmed as African American or Caucasian. In order to address the essential social issue of that time, Toni Morrison presents five sections that span many years; the author provides a clear insight of inequality between white and black people. Moreover, with the publication of â€Å"Recitatif†, â€Å"Morrison raised issues engaging middle-class black women whose education and personal achievements create tensions within and outside of the black community† (Fultz). A considerable aspect of this story is the title of the work. â€Å"RecitÐ °tif† is a derivation of the word â€Å"recitative† which may be defined as a spoken singing style used in opera and oratories. A now-obsolete meaning is the rhythm peculiar to any language; furthermore, this word uses the root â€Å"recite† which also has special meaning. To recite, or to tell from memory, exemplifies that the story written by Toni Morrison was from a series of memories. Both of these definitions suggest the episodic nature of this story (Kusumoto). The plot is the key to understanding the meaning of the title. There are five encounters that show what occurs when two people have contradictory memories about the same event. For example, when Twyla realizes that she and Roberta have completely different memories of a significant event, she asks, â€Å"I wouldn’t forget a thing like that. Would I? † (Bakara Bakara). Such uncertainty highlights to the main theme of the story. This instability of memory is expressed through narrative collage â€Å"Recitatif† brings together the rhythms of 2 different lives for 5 short moments that are narrated by Twyla’s voice. The story is, then, in several ways, Twylas â€Å"rÐ µcitatif. † The title of the story accurately conveys some changes in actual voice throughout the text; for example, when Twyla is a younger, it is obvious that the author â€Å"speaks† in a child’s voice. In some cases, it seems that this girl is too thoughtful to be the little child, but the author conveys her voice in such a way that there is no doubt that she is. The sing song voice applies to the narrator as well as to the nature of other characters in the story. Radical changes are visible during Robertas and Twylas meetings; moreover, the sing song nature of race is also a part of the character’s makeup. Each of them shows clues that may be interpreted as rÐ µpresenting a black or white race. That is why readers try to compare the various aspects of the story in order to identify the race it characterizes. This story develops like acts in an opera, presenting its characters at different points in life. Here is an interesting fact: the voice of the narrator grows with its character much as children grow throughout their life. The title describes Morrison’s prose narrative and provides that the use of â€Å"gaps† is an integral part of this story. They are left out purposely by the author so they can be filled in by readers. In the first lines of the story it may seems that â€Å"Recitatif† tells a simple story about the interactions of two girls. Toni Morrison divided this short story into five encounters which describe the ongoing narrative events from the lives of these two women. These interludes imitate the spoken singing style and narrative of the Morrison story implied by its title. The term â€Å"gaps† is suitable for this story because each encounter is separated by long periods of time that leave the reader guessing; as an example, Roberta’s reference to Jimi Hendrix at the meeting in the HÐ ¾ward JÐ ¾hnsons. Before the reference, readers are certainly unsure of the time period of this meeting, but with the mention of this famous pop star, everyone can fill in the gap and realize this part of the story takes place in the 1960s. In conclusion, it can be said that the title of Toni Morrisons story plays an essential role in the story. It accurately conveys the style of writing and the use of different techniques throughout the story. Works cited: Bakara, Imamu Amiri, and Amina Bakara. Confirmation: An Anthology of African American Women. 1st ed. Morrow, 1983. Print. Fultz, Lucille P. Toni Morrison: Playing With Difference. University of Illinois Press, 2003. Print. Kusumoto, Jitsuko. Memories of the Daughters from â€Å"Recitatif† to Beloved. . 21-24, 2008. Web. 26 Feb 2013. .

The African-American Nightmare Exposed in Black Literature Essay

African-American Nightmare Exposed in Olaudah Equiano, Narrative of Frederick Douglass, Song of Solomon, and Push    The American Dream was founded on the concept that "all men are created equal"(Jefferson 729) and that everyone has the capability and resources to "pull themselves up by their bootstraps." The Declaration of Independence was written so Americans could achieve this dream, but was not written with the African slave in mind. The African slave was never intended to be a part of this American Dream, therefore, not capable of obtaining it. These slaves were beaten up and/or lynched by their massas with these bootstraps instead of being "pulled up" by them.    Even after the signing of the Emancipation Proclamation in 1863, Blacks still did not have access to all of the privileges of the white world. The Jim Crow laws of 1877 constantly reminded Blacks of their second-class citizenship and also limited them to certain areas and to very few resources. Signs reading "Whites Only" or "Colored" hung over restroom doors, drinking fountains and other public places.    The dominant American Dream narrative involves voluntary participation, forgetting the past, and privileging the individual while the alternative Dream narrative of American minorities involves forced participation, connecting tot the past, and privileging the group-the traditional (extended) or alternative families. So, clearly, to the African-American, there were and still are many restrictions that go along with the American Dream.    The great civil rights leader, Dr. Martin Luther King in his famous speech, "I Have a Dream," delivered August 28, 1963 at the Lincoln Memorial during the March on Washington, D.C., supports these limi... ...Life of Frederick Douglass. 1845. The Classic Slave Narratives. Ed. Henry Louis Gates, Jr. New York: Penguin Group, 1987. Equiano, Olaudah. The Life of Olaudah Equiano. 1814. The Classic Slave Narratives. Ed. Henry Louis Gates, Jr. New York: Penguin Group, 1987. Hughes, Langston. "Dream Deferred". Literature, Reading Fiction, Poetry, Drama & the Essay. 4th Edition, Published by McGraw Hill, 1998. Jefferson, Thomas. The Declaration of Independence. 1776. The Norton Anthology of American Literature, 4th ed. v.1,ed. Nina Baym et al (NY: Norton, 1994), 729. King, Jr., Martin Luther. "I Have a Dream." A Testament of Hope: The Essential Writings of Martin Luther King Jr., Ed. J. M. Washington. Harper & Row, 1986. 217, 219. Morrison, Toni. Song of Solomon. New York: The Penguin Group, 1977. Sapphire. Push. New York: Vintage Contemporaries, 1996.   

DuPont’s Divestiture of Conoco

DuPont began life in 1802, as a gunpowder manufacturer supplying the US Army under President Thomas Jefferson. The company had a long tradition of technological innovations in business and it continues to serve worldwide markets including food and nutrition; health care; agriculture; fashion and apparel; home and construction; and electronics. Among some of its inventions are nylon stockings invented in 1939, Teflon for pans, Kevlar for bullet-proof vests, stainmaster for carpets, the synthetic fabric lycra, and Dacron for clothing. In 1999 the company held a portfolio of 2000 trademarks and brands. DuPont was the 15th largest company in the US with its 1998 revenue reaching $45. 1 billion. The company operated 200 manufacturing and processing facilities in 65 countries with 98,000 employees worldwide. Conoco began in 1875 as the Continental Oil and Transportation Co. , one of the first petroleum marketers in the West. The company has made it through plenty of tough and challenging times from the stock market crashing just a month after Conoco took its stock public, to overseas expansion, to the oil crisis of the 19070’s. Then in 1981 a simple proposal by Canada's Dome Petroleum about acquiring a Conoco subsidiary, Hudson's Bay Oil and Gas left the company wide open. In order to assure an adequate supply of petroleum products to use as chemical feed stocks, DuPont bought Conoco on Sept. 30, 1981. Conoco became a wholly owned DuPont subsidiary in the largest merger ever at that time, costing DuPont $7. 8 billion. As a subsidiary of DuPont, Conoco became a major, integrated, global energy company operating in 40 countries worldwide. The company was involved in both downstream and upstream activities like exploring for, developing, refining, marketing, transporting, and selling crude oil and natural gas. In 1998, Conoco ranked 8th in worldwide production of petroleum liquids by US companies, 11th in natural gas production, and 8th in refining throughput. In 1997 both DuPont and Conoco planned to pursue new corporate strategies: DuPont wanted to transform into a life sciences company focused more on biotechnology and less on petrochemicals, and Conoco desired financial independence to make significant foreign asset investments. While part of DuPont, Conoco doubled its value between 1986 and 1996, and realigned its assets. By late 1998, DuPont divested Conoco in a two-step process. First it would sell a minority stake in Conoco through an IPO otherwise known as an IPO carve-out. Then it would execute a spin-off and sell the rest of its ownership interest in the subsidiary at a later time. Under the split-off, DuPont shareholders would be given the opportunity to exchange their DuPont shares for shares in Conoco at a predetermined ratio of 2. 5 to 1. Participation in the exchange rate would be completely voluntary. On October 22, 1998 the Conoco IPO netted $4. 4 billion for 30% of Conoco culminating in the largest IPO in history. Then on August 9, 1999 the swap of DuPont stock for Conoco stock was finalized. DuPont secured about $21 billion in after tax value through the IPO and stock swap. I think DuPont’s two-stage divestiture worked the best because the company was able to make the transaction tax-free at both the corporate and personal levels. This basically means that DuPont sold off shares of Conoco in two separate stages. The company avoided the corporate capital gains tax by structuring the deal as a primary offering, which is the first of issuance of stock for public sale from a private company. Under this approach Conoco would sell new shares to the public and use the money from the offering to pay down an equivalent amount of its debt. If a second offering had been used, DuPont would directly sell a portion of its Conoco shares for cash, possibly creating a capital gains tax liability for itself if the sale proceeds exceeded its tax basis in the shares. The primary public offering of 25% of Conoco by DuPont was also good for shareholders because it met the objectives of maximizing shareholder value and it also allowed Conoco to capitalize on different investment opportunities for energy companies going on at the time. In order to make the second stage completely tax free DuPont had to satisfy a number of IRS rules and regulations. These rules stated that DuPont had to control Conoco immediately before the split-off, meaning that it had to control at least 80% of Conoco’s stock. In addition the split had to be motivated by a valid business purpose. Also DuPont had to get rid of all Conoco stock so it would not have any control over the company after the deal was completed. Conoco had to be recapitalized or reorganized into two classes of common stock. Class A stock that carried one vote each, issued to the public and Class B stock with five votes each, retained by DuPont for later disbursement to DuPont shareholders in the exchange offer. Prior to the IPO, Conoco would have to issue a $7. 5 billion promissory note to DuPont as a dividend. The payment would be tax free to both parties because at the time DuPont owned all of Conoco. Conoco would in turn, use the proceeds to pay back part of the note and other intercompany notes with DuPont. While I do agree with the Chief Operating Officer that a 100% IP of Conoco would raise a significant amount of cash to use in our core business growth internationally, allowing us to expand our global operations. I think the equity care-out was the best choice for DuPont to do instead of a complete 100% IPO. The reason I say that is because the deal still allowed DuPont to raise some capital but it also allowed DuPont to retain firm control of the subsidiary before, selling the remaining shares in a tax-free spin-off at a later date. A 1998 working paper from Pennsylvania State University examined 83 equity carve-outs done between 1981 and 1990, and found that carved-out companies had significantly higher revenue and asset growth, higher earnings, and higher capital spending than the industry average during the first three years after the carve-out–achievements, the authors say, that are a direct result of 80 percent of the deals tying executive compensation to the share price of the carved-out company at the time it goes public. â€Å"It's a way of providing a stronger incentive for subsidiary executives to perform,† says James A. Miles, one of the authors of the study, along with Heather Hulburt and J. Randall Woolridge. Parent companies also benefit from a carve-out. The Penn State study, in fact, found that these companies had a higher return on assets in the first year after the carve-out. And a similar study by J. P. Morgan & Co. , which examined 101 carve-outs between 1986 and 1997, documented that, on average, the share price of the parent rose between 3 and 4 percent in the 90 days following the announcement of a carve-out. The company’s ownership of Conoco has added great marketing and purchasing clout to DuPont’s operations just like the Executive VP for Research and Development and Product Development suggests, but again I don’t think that owning a majority share would benefit the company like getting rid of all ownership would do. The decision to retain majority ownership, however, may limit the upside to the deal. The J. P. Morgan study found a distinct difference in the share price performance of carve-outs that later became spin-offs and carve-outs that did not. In the case of 12 carve-out companies in which the parent announced there would be a later spin-off, the share price of the carve-out performed 11 percent above the market 18 months after the initial public offering. The shares of all other carve-outs–those without an announced spin-off later–actually underperformed the market by 3 percent. In closing I think DuPont did the right thing when they decided to go through with a two-stage divestiture of Conoco. I think they got the most bang for their buck by doing the deal this way. DuPont was able to net $4. 4 billion for 30% of Conoco resulting in the largest IPO in U. S. history. DuPont was also able to spin-off the rest of their shares of Conoco and secured about $21 billion in after tax value through the IPO and a stock swap. I think this was the best move because both companies were looking to go in different directions. DuPont wanted to transform into a life sciences company focused more on biotechnology and less on petrochemicals, and Conoco desired financial independence to make significant foreign asset investments.References: 1. England, Robert Stow. (1999). How companies are unlocking value by carving out pieces of their business.† CFO Magazine, March 1999, Retrieved April 2011, from http://www.spinoffadvisors.com/articles/cfomagazine0399.htm 2. Conoco Phillips Web Site. Retrieved April 2011, from http://www.conocophillips.com/EN/about/who_we_are/history/conoco/Pages/index.aspx3. Chemical Online. (1998, May 11). Chemical Online.   DuPont Announces Plans to Divest its Conoco Energy Operations. Retrieved April 2011, from http://www.chemicalonline.com/article.mvc/DuPont-Announces-Plans- to-Divest-its-Conoco-E-0001. 4. Ohio University. DuPont spins off Conoco: Good Move for Conoco Retrieved April 2011, from   http://oak.cats.ohiou.edu/~rm663596/esp/case.htm

The Prince - 1232 Words

The United States has been at the forefront of international affairs for many years and has gotten to a point where the democratic nation has established a strong political influence, a political presence that sends shockwaves throughout the international arena whenever nations display political indifferences; some of which may involve the United States. If tension were to ever arise between feuding nations, a proficient and skilled leader must take ahold of the matter and find all possible solutions to diffuse the situation in order to protect the public interests of it’s citizens. As a representative of the United States and their international policies, a successful secretary of state must be able to project themselves with an†¦show more content†¦Machiavelli went on to make several observations that seemed to portray a ruthless and savage leader that will do absolutely everything they can in order to get what they want. First, he advised that conquering nations in jure the nations they are attempting to overcome by exterminating existing families of power to avoid their threats that may be inflicted on their own nation. Second, he discussed the effectiveness of colonies and how he believes they only should harm the few poor people who are forced to lose their property so that they may not be in any position whatsoever to harm the prince (or leader). As ruthless as it may sound coming from an individual who previously displayed characteristics of a successful adviser he makes the famous statement that â€Å"people should either be caressed or crushed†¦if you do them minor damage they will get their revenge† he later went on to mention that â€Å"if you cripple them there is nothing they can do. 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The keys are understanding human nature, respecting that nature, and reaffirming that successful leadership can exist in the same fashion yesterday, today, and tomorrow. nbsp;nbsp;nbsp;nbsp;nbsp;Machiavelli’s perspective of human nature is foundedRead More The prince Essay1526 Words   |  7 Pages Niccolo Machiavelli’s â€Å"The Prince† attempts to explain the necessary tactics and required knowledge a ruler must attain in order to gain and maintain a successful reign. The novel serves as an abstract manual, addressing the definition of a good/bad ruler by placing emphasis on the required military organization, the character a ruler must posses, and the success that could be attained if a ruler should follow the guide. The scope in which the book is written is that of a scholarly observant. 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