Did Lyndon Baine Johnson or Martin Luther King have a bigger impact on Research Paper

Did Lyndon Baine Johnson or Martin Luther King have a bigger impact on the Voting Rights Act of 1965 - Research Paper Example It is also of utmost importance to mention that this was a culmination of efforts of several proponents of change. Change, as usual, is normally met with resistance and this was not an exception. This change was still being waited for despite the provisions in the fifteenth amendment. After a speech to the congress on the importance of the matter, the president set the mood for a second thought on how American society was going to effect changes that forever set USA on a democratic course (Taylor, 49). One cannot fail to observe that Fifteenth Amendment of the US Constitution was clear that it guaranteed every US citizen the right to vote. This right to vote was supposed to be observed without regard to race or color. Nonetheless, almost a decade later, there were elements of discriminatory practices, intimidation, and violence that still persisted. These practices were what led to the rise of the civil movement led by Martin Luther King since they were transformed into policies that aimed at depriving the minorities, particularly African Americans in the Jim Crow South, of their right to vote. The life of Martin Luther King Junior has deservingly been accorded very many citations and legendary recognition for the simple fact that he believed in justice and equality and fought relentlessly for the rights of the oppressed minorities. He is the major character that is associated with the civil rights movement given his vocal opinions about the matter (Laughlin, 65). It has been observed that although there were other proponents of the movement, perhaps his oratory skills that echoed the concerns is what earned him the recognition. True, he deserved it. During the early middle and late 1950, Luther was one of the nation’s frontline black leaders. As an eloquent speaker blessed with an oratorical style and diction that was very compelling, he was calm, confident but serious

Advanced Investment and Theory Essay Example | Topics and Well Written Essays - 2000 words - 1

Advanced Investment and Theory - Essay Example He identified that past, present and discounted future events can be found from market price but they show no significant relation with respect to price changes. According to him if the market cannot predict its fluctuations then it does assess them as being more or less likely and this likelihood can be found out mathematically. During the first half of the twentieth century there have been many emerging theories on speculative markets. But earlier literature did not sit easily with beliefs of practitioners. According to Bachelier the commodity prices vary randomly. Later Jones, Cowles (1937) and Working (1934) showed that the US stock prices also shared similar characteristics. But these studies did not surfaced out until the late 1950s. Many studies were done regarding the difficulty in beating the equity market. Cowles (1933) concluded that there was no evidence of any ability to outperform the market. He later provided evidence on large number of sample stock for longer time per iod and came out with similar results. Kendall (1953) performed an experiment on 22 UK stock and commodity price series. He found that in a series of prices that were studied at fairly close intervals the random changes from one price to another was so large that it ruled out any systematic effect. Basically the data behaved like a wandering series. This observation was inconsistent with the views of economist and it came to be known as random walk theory or random walk model. This led to a major challenge for the market analyst who tried to predict future path of security prices. Osborne (1959) studied US stock prices and found that common stock prices have characteristics similar to movement of molecules. Despite such evidence of randomness there were few instances of anomalous behaviour, certain price series appeared to follow predictable paths. This comprised of a