Thursday, September 19, 2019

Free Canterbury Tales Essays: The Knight and the Wife of Bath :: Wife of Bath Essays

The Character of the Knight of the Wife of Bath  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The knight from the "Wife of Bath's Tale" is not a very likable personality. His actions suggest he is just an abstract character, a receiver of the actions, who is used to give the tale's plot a meaning. Neither he nor other characters in the story are even mentioned by name. However, the traits of his character are very real and do exist in the real world. Brought together, they create an un-exciting personality of a man without a purpose in life. The knight is not very smart; he does not think about the consequences of his actions. Raping the girl is one example. In this act, he is guided only by his desires, without considering how right they are. But he doesn't think about the punishment either. The knight lives only for the present moment. Another example is the rash promise that he gives to the old hag. He agrees to do anything she wants in return for hearing the answer he is looking for. True, if he doesn't get an answer, he will lose his life. However, he doesn't think about the possibility that what the hag will want may turn out to be even worse, considering the fact that honor and personal integrity were valued more than life in those times. A thoughtful person, such as Sir Gawain from Morte Darthur, would have inquired more about the woman's wish, before making such an agreement. The knight is also an ungrateful person. The hag saves him from a certain death and then requests that he marry her. In light of the events, the knight should be grateful to escape death, but instead he views the marriage to his savior as another form of the same punishment. He agrees only because he is bound by the promise, and the chivalric code forces him to keep it. In addition, the knight's thoughts are easily influenced by other people. Apparently, he recognizes the fact that he is often wrong and listens to the opinions of others. But he adopts those opinions without thinking them through for himself. This happens when the old hag says she knows what women most want; the knight doesn't question that knowledge. However, by the time he meets the hag, he has listened to many other women who weren't very consistent in their suggestions.

Wednesday, September 18, 2019

A Clockwork Orange Essay: Blindness in A Clockwork Orange

Blindness in A Clockwork Orange In the novel, A Clockwork Orange, Anthony Burgess has tried to show the importance of individual freedom over doing the right thing. He has taken an extreme example of violence and perverse acts to accent his strong belief. It is my opinion that Burgess has been blinded to some essential truths in his quest to ensure personal freedom. Personal freedom can be described as acting upon your own accord and not becoming restricted by the social paradigm in which you live. This is definitely a noble cause, all men should have the right to choose the path of their own lives. You may have the right to choose your own actions, but you are not allowed to impose your freedom on others. This is the point at which Burgess’ supposed view becomes hypocritical. Alex has forced himself into the personal freedom of others and in doing so is no better than the state which rehabilitated him. If one imposes himself on the personal freedom of another violently, a reaction will occur. If a rabid dog wanders around your neighborhood, do you let it continue to do so? The dog as you once knew it was an affectionate creature always playing with the children and never once threatened the mailman, but today it threatens the lives of everyone in your community. The dog’s life is ended and it is freed from it’s disease. Alex is sick much like a rabid dog, he is perverse and though it may not be his fault, much like it was not the dog’s fault of becoming rabid, his threat on others has to be neutralized. I question the actual freedom Alex believes he has. He seems to be oppressed by his emotional sickness and perverseness. Alex is a slave to his supposed freedom, which is dictated by the feelings of the other people whos... ...y of the 1940’s. The fact that the book was taken from a juvenile point of view, which whether we like it or not is associated with naivetà © and innocence, also downplayed the violent acts which were occurring. In the movie it is not as easy to identify with Alex, due to the fact that he is portrayed as an adult. I then took notice of the parallel to this â€Å"power of propaganda† theme, which was illustrated through out section two. Alex is given the Reclamation Treatment, the use of propaganda films and drugs for reflex conditioning, which addresses fears of brain washing evident in that era. For me this is a much stronger theme than the freedom of choice one, which I addressed earlier in the essay. I am not certain exactly what Burgess was trying to show with this book, all I know is that it revealed to me what propaganda can accomplish if it is done correctly.

Tuesday, September 17, 2019

Death of a Salesman and Empire Falls Essay

Death of a Salesman and Empire Falls Death of a Salesman s actually a very different story from Empire Falls. Although they are very different they do have some similarities. If it werent for the novel, How to Read Literature Like a Protessor, I probably wouldnt have seen these similarities. The novels, Death of a salesman and Empire Falls have many differences but the few similarities come from literary elements that they have in common. In the novel Death of a salesman, the story Is based on a man named Willy that tarts acting really weird when his son, 3ff, comes home from Texas, He starts acting weird when Biff comes around because he has a horrible memory of him. In this novel, there are a few literary elements that are different. This novel has a lot of symbols. WIIIys car symbolizes worry because every time Willy got In the car he had something go wrong. When he drove, the family was always worried. Lastly, the family had communion when they all came together at the end ot the book and finally hashed out what needed to be hashed out for a long time The family finally iscussed what was really going on between Willy and Biff. In the novel, Empire Falls, the story Is based on a guy named Mlles Roby who Is living In a town called Empire Falls. He has worked at a restaurant called Empire Grill and is now manager. He is dealing with problems such as the restaurant his ex-wife, and his daughter. In this novel Empire Grill symbolized failure because it barely made enough of a profit for the workers to get by, especially Mlles_ when Tick and Wles went away for a little while, they went to the beach. Tick liked to paint and o art while watching the ocean. The geography ot this beach symbolized tranquility and hope for Tick. It symbolized that Tick would be able to overcome this tragedy. The two novels actually have some literary similarities. For example, both novels used weather as symbols. In Death of a salesman It rained when WIIly was going to work to talk to his boss. The rain symbolized Willys mood which was hurt, troubled, and stress. Willys boss noticed how frantic and weird he was acting. The boss thought Willy needed to take a break with his lob and tocus on himself. In Empire Falls there was a big flood at the encl The flood symbolized a new beginning. After the flood, the city had to be rebuilt. It was a new beginning for everyone. Another example that the novels have in common is that they both have characters that are blind to something. In Death of a salesman, Wlllys wife, Linda, was blind to see that Willy was acting up when Biff was around because he was guilty of something. He was guilty of cheating but Linda was blind to see that. In Empire Falls, Tick was blind to see that John was going to do something very crazy. John took a gun to school and hot some of the classmates that were bullying hiru He even tried to shoot Tick but the mayor of Empire Falls stepped in front of her, saving her life. Both novels involve sex indirectly. In Death ot a Salesman, Willy has an affair with another woman while last example would be that both novels both showed examples of violence. In Death of a Salesman, Willy took the car out late one night and crashed. The crash happened to show the family how much Willy was effected by his son’s presence. In Empire Falls, Ticks classmate John took a gun to school and shot three people. This event shows John’s peers how much he was affected by the bullying. The novels really are similar and this would explain why they were paired together. Even though Death of a Salesman and Empire Falls are very different stories, they actually have quite a few similarities that most people wouldn’t have caught on their own. Without learning about literary elements from How to Read Literature Like a Professor, I probably would not have seen the similarities between the novels. They are very different stories and have completely different story lines.

Monday, September 16, 2019

Hamlet: Tragic Hero, Indecisive Villain

Let it be known that Hamlet spent every single act of Hamlet, give or take a few scenes, attempting to justify a reason to follow through with killing his uncle. He suffered through a brutal, miserable, and more-than-slightly ridiculous period of time where his indecision tirelessly tore him to emotional shreds. Throughout the play, Hamlet’s actions (and inaction) were dictated by intense opposing factors of the id, ego, and superego factors of the mental human psyche. Hamlet’s id reflected his burning desire for a sexual relationship with his mother, the ego was characterised by the grueling lengthy time period Hamlet spent trying to finalize his decision, and the superego was defined by a constant ongoing battle between the ghost of King Hamlet giving Hamlet directions on what to do and Hamlet’s own person conflicts with procuring the death of his Uncle Claudius.Hamlet Feels ThingsIn Freudian psychology, the id is the impulsive part of human psyche that consist s of all biological personality traits; also known as â€Å"it.† It can be referred to as â€Å"the pleasure principle,† the idea that every impulse should be satisfied immediately. It instinctively decides what a being truly wants and is strongest in a person when they are an infant, and seek attention at their every basic need. As it is not affected by reality or consequences, it must be greatly repressed to keep a being from making mistakes (McLeod). In context of Hamlet, Hamlet’s id is his unresolved, tauntingly conflicting feelings for his mother, Gertrude. This Oedipus Complex allows for the physical representations of Hamlet’s id, which thus intensifies his already burning desires for a sexual relationship with Gertrude as Hamlet has a palpable release for his urges (Chiu).Her character causes further conflict as she seems to consciously provoke excessive anger and passion from Hamlet, most evidently as she so quickly angers Hamlet from her â€Å" incestuous deeds† in Act 3, Scene 4 (and because of this, shows how she herself is affected by the Oedipus Complex and retaliates the feelings that her son has for her). Gertrude is the focus of the anger and passions of not only Hamlet, but the two other main male characters in the play as well — Hamlet’s father and his brother, Claudius. Her strong physical and sexual appetites are brought  to life in popular film representations of Hamlet, specifically Laurence Olivier’s version. In his portrayal of the closet scene, Hamlet furiously throws Gertrude on to her large, central canopied bed and continues of to verbally assault her while having her in an uncomfortably close embrace all the while.G: Have you forgot me? H: No, by the rood not so. You are the queen, your husband’s brother’s wife, and (would it were not so) you are my mother. G: Nay, then I’ll set those to you that can speak. H: Come, come, and sit you down; you shall not budge. You go not till I set you up a glass Where you may see the (inmost) part of you. (III. 4. 18-25)Olivier’s film, as others similar to it, portray a deceitful woman that uses her sexuality to arouse strong responses and powerful reaction in men, as well as to obtain an advantage over them. This gives readers and audiences a clearer view of Gertrude’s character and allow a view of what affects Hamlet’s emotions. (Smith)Claudius himself also physically represents Hamlet’s id. As Claudius is the man that so rapidly replaced King Hamlet, Hamlet is able to direct negative, murderous thoughts towards him without repression. Hamlet wants to and is even directed to take Claudius’ life, and Hamlet’s grief over his father pushes him to do so. (Tuohy)Hamlet is Conflicted, As AlwaysThe ego is the sector of the human psyche that develops to mediate conflict between the unrealistic id and conflicting superego. In contrast to the how the id works thro ugh impulse and desire, the ego operates by the â€Å"reality principle,† finding ways to realistically attain the wishes of the id. This, however, often leads to delayed satisfaction. â€Å"The id is the horse and the ego is the rider,† compared Freud in one of his researches. The submissive ego is often dominated by the controlling id, constantly attempting to meet the needs of the id while taking reality into account. (McLeod)The ego in Hamlet is simply his indecision and the immense amount of time it takes him to make his decision. Hamlet frequently plays a mental mind game with himself, trying to justify finally killing his uncle but always finding a reason to put it off. Hamlet’s task is only to kill Claudius, but that also means killing the man who is living the life he wants, the man who embodies his childhood fantasies. The loathing that should drive him to kill is replaced by self-reproaches that remind him that he himself is no better than the sinner whom he is to punish. (Schaeffer)One other factor that kept Hamlet from acting was that if he did kill Claudius, he would then be king, and he did not take interest in that position. â€Å"O God. I could be bounded in a nutshell and count myself a king of infantile space, were it not I have bad dreams† (II. ii. 248-250). If he were king, Hamlet would gladly ignore his public office. He wouldn’t be able to, though, because his conscious would bother him and force him to take care of his responsibilities. (Walsh) Hamlet’s internal battle with himself is probably the most dominant representation of ego in the play. He is torn with emotions: pity and outrage for his father, shame and scorn for his mother, and guilt over his reluctance to follow through with his orders, his responsibility than he inwardly repudiates. (Walsh)Hamlet Has Morals, Who Knew?The superego part of the human psyche incorporates the values and morals learned from an early age. The main function of the superego is to control the id’s impulses, especially those that society looks down upon such as sex and aggression. It also has the power to persuade the ego towards moral solutions instead of just realistic ones. The superego is the most complex sect of the psyche as it is made up of two parts: the conscious and the ideal self. The conscious is responsible for the emotions felt after a decision is made, which is guilt more often than anything else. The ideal self is an imaginary, made up picture of how a person ought to be. It represents career goals, how one ought to acts towards others, and how to become a functioning human being in society. These two parts combine to form the superego and to aid in the attempts of hindering the id. (McLeod)In context of Hamlet, there are multiple conflicting superegos that hinder Hamlet in his decision to kill Claudius. The ghost of King Hamlet is the primary superego in favor of killing Claudius. â€Å"Taint not thy mind, nor le t thy soul contrive / against thy mother ought. Leave her to heaven. / And to those thoughts that in her bosom lodge / to pick and sting her.† (I. v. 85-88) Hamlet is extremely conflicted, because his father’s ghost found him, and specifically ordered Hamlet to avenge his death.This unwelcome paternal superego exacts the killing of Claudius even as it forbids Hamlet to kill himself. In his request, King Hamlet reveals that because Gertrude fell so quickly to Claudius, the King feels emasculated. King Hamlet engenders sexual confusion in Hamlet as he asks him to identify with his feminized self. Claudius killed King Hamlet, and thus King Hamlet â€Å"is in the feminine position of being penetrated by the man who has already penetrated his wife,† according to Stone. The King impedes the son’s mind by saying that Claudius â€Å"won by lustful sin, the heart of my most seeming virtuous queen.† (I. v. 53)By highlighting Gertrude’s fickleness and s hallowness in this quote, the ghost characterizes her as a damsel that Hamlet needs to save. Hamlet feels as if he’s morally obligated to complete the task for his father, and to â€Å"save† his mother from such a monster, and these intense feelings supplement as a secondary superego in favor of killing Claudius. There were many other minor superego factors opposed to killing Claudius, however. Some were simple, such as the law, religion, and Hamlet’s own morals.The law simply forbid murder, especially in Hamlet’s case as he was the Prince of Denmark and having the prince kill the king would be an abomination. Hamlet’s religion held him back from his task because Hamlet was taught that killing was a sin, therefore it should not be committed and vengeance should be left to God and God alone. Hamlet’s own morals also stood in his way, as he had firm beliefs that killing was wrong. (Stone)Claudius himself, though he is a facet of Hamlet’ s id, is also a representation of Hamlet’s superego. Hamlet’s loyalty to his father breaks down into subconcious identification with the brother who murdered him; and is â€Å"the brother† now possess exactly what Hamlet desires: Gertrude. Because of this, Hamlet is engrossed in a subconscious rivalry with Claudius, as he  constantly battles him for Gertrude’s attentions. (Walsh)In the EndUltimately, Hamlet’s refusal to make a decision became his decision. â€Å"My fate cries out!† (I. iv. 58) He is in turmoil for so long, he becomes mad with despair. His despondency seems more focused on his mother’s remarriage than it does on his father’s death, even after the revelation of his uncle’s crime. There were countless opportunities to kill Claudius, but Hamlet always found excuses to avoid it. The real reason why Hamlet never killed Claudius: killing Claudius would mean that Hamlet would also be killing a small part of hi mself; the part that loved Gertrude..Things soon change, however. After Gertrude dies in the final scene, Hamlet no longer has a need to repress his sexual desires. His strength returns, and thus he is finally able to kill Claudius. After Claudius’ death, Hamlet no longer struggles, and can therefore finally rest (die peacefully). (Tuohy)The factors that arise from Hamlet’s inability to make the decision to kill Claudius or not arise from his id, ego, and superego. The id being his desire for an Oedipal relationship with his mother, the ego being the time it took to follow through with a decision, and the superego being many factors, dominantly the ghost of King Hamlet. The id was a stronger force than the the super ego, which was the reason behind all of Hamlet’s emotional outbursts. Hamlet was only able to find inner peace and kill Claudius after Gertrude died, which takes the possibility of his desires away. After he had completed his mission and he did not h ave to live for Gertrude anymore, he could finally die in peace.

Sunday, September 15, 2019

OXO: Satisfaction Guranteed Essay

OXO’s most profitable customers are those with dexterity problems like arthritis such as the wife its founder, Sam Farber, had when coming up with the idea of starting OXO. Now OXO designs products that are usable by as many people as possible. This means that men and women, young and old, left and right handed, and those with special needs can utilize their products (OXO, 1990). â€Å"Through market segmentation, companies divide large, heterogeneous markets into smaller segments that can be reached more efficiently and effectively with products and services that match their unique needs (Kotler & Armstrong, 2014).† Psychographic segmentation is primarily used by OXO in efforts to target a multitude of consumer’s with different lifestyles. Each OXO product â€Å"was developed based on the concept of Universal Design (also known as Inclusive Design), a philosophy of making products that are usable by as many people as possible (OXO, 1990).† Many of the com petitions kitchen gadgets from the research attempt to conform to the needs of consumers such as OXO has done. There are few that have reached the standard for universal ease of use. The value proposition that is extended to OXO’s clients is a satisfaction guarantee which is clearly stated on its website. â€Å"We guarantee everything we make! If for any reason you are not satisfied with an OXO product, return it for replacement or refund (OXO, 1990).† OXO’s satisfaction guarantee is similar to that of some of it’s competitors but not all. Companies such as CUTCO and CHEFS share the 100% satisfaction guarantee value proposition. In order for OXO to develop their product line to stand out from competitors â€Å"Smart Design’s first assignment was to come up with tools that were comfortable in the hand, dishwasher safe, high quality, good looking and  affordable.† OXO’s â€Å"designers divided tool types by wrist and hand motions: twist/turn (used to scoop, stir and peel), push/pull (graters and knives) and squeeze (scissors, garlic press and can openers).† 3 Levels of Product Core customer Value: What is the customer really buying? OXO’s customers are purchasing â€Å"wonderfully comfort–able tools that are easy to use (Corporate Design Foundation).† Actual product: brand name, quality level, packaging, design, features OXO’s hand tools are sold under the name Good Grips, chosen because â€Å"it communicates the major advantage of the line quickly,† explains Farber. OXO’s goal is to provide â€Å"budget–conscious consumers with tools that adhered to OXO’s principles of universal design, focusing on user comfort.† OXO makes grave attempts to use less plastic in packaging (Corporate Design Foundation). Augmented product: delivery and credit, product support, warranty, after-sale  OXO provides product support via email, phone, fax, and mail. The company’s satisfaction guarantee is a warranty within itself. Customers can return products for a replacement or a full refund. After researching OXO’s products it became very apparent that the company follows an intensive distribution strategy. Their products are found in many different shopping outlets such as JC Penny, Bed Bath and Beyond, Kohl’s, Amazon.com, and Sur La Table just to name a few. This type of distribution is very convenient for the company if they’re aim is to provide comfortable gadgets for all to use. Distributing to these types of stores appears to target all lifestyle groups. The pricing of OXO’s Good Grip products seem very reasonable in nature from the product prices I have seen recently. I’ve even purchased a few of the gadgets myself because the pricing and handiness. In comparison to like items, OXO adopted the correct pricing scheme and has made itself a viable competitor in the home goods market. OXO is doing what any other reasonable and profitable company is doing by advertising on social media sites. There is vast community of social media  users that can be pose as potential customers of OXO. Facebook and Twitter are the two most reputable social media sites and they OXO utilizes both to broaden its customer base. Facebook alone has: Over 1.15 billion users, one million webpages can be accessed with the â€Å"Login with Facebook† feature 23% of Facebook users login at least 5 times daily  47% of Americans say Facebook is the top influencer of their buying decisions On average, Americans spend %16 of each online hour on Facebook. 70% of marketers acquire new customers through Facebook. And Twitter: Now has over 550 million registered users and 215 million monthly active users Between 2012 and 2014, Twitter achieved a growth rate of 44% 34% of marketers use Twitter for lead generation (Romeri, 2014).† The vast amount of internet users speaks for itself. OXO is conducting business via internet and attracting a multitude of clients through social media and word of mouth. OXO has raised the bar for the kitchen gadget market with its Good Grips product line and its guarantee of satisfaction. They’ve even taken it a step further to cut advertising costs by advertising through social media sites and even creating a blog site in order to listen and respond to consumer thoughts and concerns on their products. References Corporate Design Foundation. (n.d.). Getting a Grip on Kitchen Tools. Retrieved from Corporate Design Foundation: http://www.cdf.org/issue_journal/getting_a_grip_on_kitchen_tools.html Kotler, P., & Armstrong, G. (2014). Principles of Marketing. Upper Saddle, New Jersey: Pearson Education, Inc. OXO. (n.d.). Blogger Outreach. Retrieved from OXO: http://www.oxo.com/bloggeroutreach/ OXO. (1990). Our Roots. Retrieved from OXO: http://www.oxo.com/OurRoots.aspx OXO. (1990). Satisfaction Guarantee. Retrieved from OXO: http://www.oxo.com/Satisfaction.aspx Romeri, M. J. (2014, February 18). New Social Media Statistics You Need to Know. Retrieved from Social Media Today:

Recruitment, Selection and Onboarding Processes Essay

When assessing the strengths and weaknesses of my company’s recruiting, selecting and onboarding processes, there are definitely good processes and areas that need some significant improvement. As with most companies, they have to deal with a large number of applicants so it is easy to understand why some areas of the hiring process may become neglected. It is perfectly okay to admit there are deficiencies in a process or program as long as steps are taken to rectify the deficient areas in order to enhance the program. First of all, my company does very well in the recruiting and selecting of candidates because they are very critical of their choices. Recruiting is mostly done through employee referral and social networking sites and internet job boards. The requirements are spelled out very clearly online for each position that is listed and the recruiters make sure they select candidates who fit the proper criteria. An initial interview is performed by the recruiter to see if you are a viable candidate and if they believe you have what it takes as well as the proper credentials then they will forward your name and resume to the hiring manager where you will sit through a more thorough interview to determine if you are truly the best candidate for the position. All of this is a very good process to make sure qualified candidates are being brought into the organization; however, once the new hires are brought into the organization there is a serious breakdown in the hiring process and it is with the onboarding. If there is one area where my company desperately needs to make improvements, it is in the onboarding process because there really isn’t much of one. It is essential that every successful organization establish and maintain an effective onboarding program to ensure each new employee is properly welcomed into the organization and feels as if they belong there. Without proper onboarding, new employees can become quickly frustrated because there are many new things to learn in a new job and they aren’t being shown what to do. All too often it is assumed that new employees were hired because they know what they are doing, therefore nobody bothers to show them the ropes. Just because someone has all of the credentials for the position does not mean they understand how the process plays out within a specific organization. I know that when I was hired at my company I was left hung out to dry. Nobody showed me how to do anything for the first couple of weeks and I quickly became frustrated. I had just been hired and I already wanted to quit the position. So what should be done in the onboarding process to make sure each new employee feels a sense of worth and importance? New employees should go through a company orientation that explains all facets of the company and they should also be given a guided tour of where they will be working so they know exactly where all of the essential equipment and personnel are located in order to alleviate much of the newcomer stress. Most of all, new hires should be assigned a sponsor who will assist them while they are making the transition into the company so the new employee knows that if they are having any troubles or need questions answered, there is someone there to assist them. These simple actions will make a new employee feel much less stress and anxiety while transitioning into their new position and it will leave a lasting impression on them which may persuade them to stay on with the company longer than what they probably would if they were just left to fend for themselves. So, the bottom line is this†¦don’t just have a hiring process that has â€Å"some† good aspects to it with some areas needing serious attention. Make sure all the areas (recruiting, selecting and onboarding) are given the proper attention so the program is well-rounded. This will go a long way in retaining employees and giving them a positive attitude about the company they have just been assigned to.

Saturday, September 14, 2019

The construction of financial supervision system under Greek debt crisis Essay

Introduction The financial crisis and the Greek sovereign debt crisis have accelerated the innovation and construction of EU financial supervision system. This report is analyzing the cause of Greek sovereign debt crisis on the basis of the domestic factors, the international factors and EU factors. Moreover, it illustrates the construction of financial regulatory system of EU based on the level of macro and micro. The macro level has a European systemic risk council; the micro level has a secondary European financial regulatory system which is constituted by EU and member states. The EU also has emergency mechanism on the stage, such as, The European financial stabilization mechanism and The European financial stability facility and associated with a series of regulatory measures. The emergency instrument and institutional measures launched by The Greek crisis and the European Union have provided experience and lessons for worldwide in response to the global financial crisis around the world. Causes The Greek economy was one of the fastest growing in the euro zone during the 2000s. The government of Greece run large deficits due to a strong economy and falling bond yield. Debt to GDP has remained above 100% since the introduction of the EURO. The global financial crisis in 2008 makes the Greek economy suffer a severe setback and the global financial crisis reveals its weak financial situation from two aspects. First, the economy structure of Greece is relatively single, which means the growth of its economy is instable. Second, the debt investment strategies of National Bank have produces a great burden to the Greek economy. However, the global financial crisis just pushed the exposing of the financial problem of Greece and the country overspent and failed to tell to the European Union the actual size of its ballooning deficit are the primary cause. Furthermore, the European Union also did not review the figures sent in by Athens properly. Long term solutions The Greek sovereign debt crisis stimulated the process of the form of EU financial regulatory system. The explosion of U.S. financial crisis has made Europeans understand that the European financial regulatory did not consist with the market integration process. The leaders of European Union have made significant strategies for ensuring fiscal stability in the long term. Currently, in order to avoid a possible domino effect caused by Greek crisis and to avoid a weak euro, the member state of the European Union, on the one hand, require that the Greece itself must cut spending on a wide range, on the other hand, the member state ask to speed the reform of EU financial market up and strengthen the financial regulatory system on the level of European Union and its members. In order to establish financial regulatory system and its associated measures, there are three primary aspects to focus on: first, the financial regulation of the EU members, strictly control and limit the problem of debt overweight. Second, it is necessary to strengthen financial supervision to prevent the speculation by speculators. Third, it is crucial to solve the institutional structure problem of Euro itself. These three must collaborate and communication with each other. Financial regulatory institution In order to strengthen European financial regulatory reform, the EU commission proposed to establish â€Å"European Systemic Risk Council† on the macro level and â€Å"European System of Financial Supervision† on the micro level. The main responsibilities are: establishing regulatory policy at the macro level and conveying to European regulatory bureau or providing early stage risk warning; to compare the observation of the development of macroeconomic and to propose dominant policy in correspond to the change of the supervision. For instance, responsible for collecting〠 analysing financial stability information, publishing risk warning, to take overall regional action when one country has encountered difficulty and hardly deal with it. It aim to solve a major drawback which is exposed by the financial crisis, the financial system is helpless when the systematic risk is complex, associated and between department and cross – department. Emergency system in phase In order to solve the Greek crisis, the EU and its members use emergency  relief instrument to manage debt crisis. The main emergency systems in stage are: establishing â€Å"European Financial Stabilisation Mechanism† and â€Å"European Financial Stability Facility†. Above all, all the instruments and measures are to ensure that the union is able to deal with the debt crisis and also to ensure such crisis will not happen in the future. My comments I would like to make a comment on the European problem of the Greek crisis. It seems that the Greek government is unable to deal with its budget and is incapable to reduce public spending and increase tax revenues. Since the introduction of the EURO, the financial situation is worsened every year. In my opinion, as Greek crisis has become a European one, i do believe Europe is taking fundamental economic reforms which are necessary to copy with the imbalance of the Greek financial crisis. Conclusion As mentioned above, the Greek crisis and the institutional measures introduced by the EU have provided significant experience for worldwide in dealing with the global financial crisis. First, all crisis has its latency and incentives, it is important to prevent the source in order to prevent the financial crisis and the sovereign debt crisis. Second, the financial crisis and the sovereign debt crisis have brought an opportunity to the reform of the world monetary system and the financial system, it also a challenge for the leading position of US dollar. From the development of the European integration process, each crisis has pushed the innovation and improvement of the system of EU in the past and lead to European integration ultimately. The development of the European integration could say that is a process of overcoming the crisis constantly and innovation of system continuously. References Antonis Antoniadis, 2010. Debt Crisis as a Global Emergency: The European Economic Constitution and Other Greek Fables Dell’Ariccia, Giovanni & Detragiache, Enrica & Rajan, Raghuram, 2008. â€Å"The real effect of banking crises,† Matthew Lynn, 2010. Bust: Greece, the Euro and the Sovereign Debt Crisis Martin Feldstein, 2011. Greek default is just a matter of when, not if. In: Financial Times. (24.06.11)