Global Economic And Financial Crisis - 2519 Words

Many lessons were learned from the aftermath of 2008 global economic and financial crisis. One of them was the effect that foreign direct investments (FDI) had on the global economy, particularly on developing countries. By definition, an FDI is an â€Å"investment that involves some ownership and/or operating control. The foreign residents are usually multinational corporations (MNCs)† (Cohn 412). The market crash drastically altered the nature of FDI. After consistent growth between 2003 and 2007, investments in developed countries experienced a steep fall, suffering from about a 29 per cent drop. In contrast, investments in developing countries skyrocketed, peaking at an about 43 per cent increase (UNCTAD 2009). However, more revealing than the unexpected turn of events was the way FDI significantly affected, and was affected by the status of the global economy – showing further importance to one type of economic entity that naturally comes with FDI, multinational corporations. This paper will argue that the ever-constantly increasing presence and influence of MNCs prove that they are entitled to be considered as legitimate global political actors. Despite the considerable negative connotation that MNCs have garnered, their undeniable enormity and influence in generating the flow of FDI, their contribution in hastening the distribution of technology and knowledge throughout the globe, and their status as the absolute major player in modernization and globalization throughShow MoreRelatedGlobal Economic And Financial Crisis Essay840 Words   |  4 Pagesacceleration of overall economic growth over the past decade (until the onset of the global economic and financial crisis) has been accompanied by a significant acceleration in the growth of credit in the economy. This broad trend suggests that high economic growth has been accompanied by financial deepening. However, despite such expansion of the financial sector, increasing concern has been expressed on financial inclusion in recent years (Mohan, 2012)1. One of the key feature of financial deepening is thatRead MoreFinancial Crises And Its Effects On Global Economic Crisis1068 Words   |  5 PagesThe 2007-2008 Financial Crisis- Its Causes and the Involvement of the FED The financial crises that occurred in 2007-2008 had such a big impact on the world that it is now considered a global financial crisis (GFC) or global economic crisis. It is commonly believed that it began in July 2007 with the credit crunch; U.S. investors lost trust in the value of subprime mortgages which caused a liquidity crisis. This had the effect that the U.S. Federal Bank injected a large amount of capital into theRead MoreGlobal Financial Crisis And Its Impact On Economic Policy And Outcomes1402 Words   |  6 PagesFinancialisation is the process in which financial institutions/markets increase in size and gain greater influence over economic policy and outcomes (Palley, 2007).Another link to financialisation is high degree of leverage. This is because with leverage, you can get a loan for 9/10s of the money, so you only need a small portion, and you are able to make lots of profit. Leverage is linked to financialisation in a sense that if it works, you get lots of profit with a working system, however if itRead MoreImpact Of The Economic Disruptions Caused By The Global Financial Crisis Essay1266 Words   |  6 Pagesfrom 2007 to 2009 to ensure inclusion of the effects of the economic disruption caused by the global financial crisis in their study of SCRM and resilience. Academic studies follow significant events. For instance, peaks in published scholarly journal articles on SCRM occurred following disruptions, in 2004 following 9-11 and again in 2009 following the global recession (Ghadge et al., 2012). Data required for variables Company financial information from annual reports will deliver required data toRead MoreEssay on The Impact of the Global Financial Crisis on Economic Growth4072 Words   |  17 PagesEconomic growth The impact of the Global Financial Crisis on economic growth As a result of the global recession, Australia’s GDP was forecasted to contract by 0.5% in 2009-10 in comparison to other advanced economies which were expected to contract by 3.75% in the same year. However minor the reductions in GDP, it was evident that Australia was not exempt from the global recession although is better placed and is expected to perform better than almost all other OECD economies. The global recessionRead MoreNarrative Interview : The Global Economic Climate During The 2008 Global Financial Crisis ( Gfc )1083 Words   |  5 Pagesfather, James Trainor as the ideal candidate to provide a comprehensive recount of the global economic climate during the 2008 Global Financial Crisis (GFC). And how his experiences of economic fluctuations and policies during the GFC changed his perspectives and understandings of macroeconomic decisions, as well as their effects on the modern world. At the time of the Global Financial Crisis, James was the Global Head of Employ ment Tax for the Macquarie Group, one of Australia’s largest investmentRead MoreGlobal Financial Crisis : A Social And Economic System Driven By Network Technologies3327 Words   |  14 PagesRachel Botsman, defines collaborative consumption as â€Å"a social and economic system driven by network technologies that enable the sharing and exchange of assets from spaces to skills to cars in ways and on a scale never possible before† (2012). In this peer economy access is as convenient as ownership, which is attractive to many for economic, environmental, and lifestyle reasons. In the aftermath of the global financial crisis, hundreds of companies have been founded to facilitate peer-to-peerRead MoreThe Problem Of Global Financial Crisis1122 Words   |  5 Pagesreceivables and other financial assets are pooled together, with their cash flows or economic values redirected support payments on related securities.† â€Å"Securitization first emerged in the 1970s with the sale of securities backed by residential mortIn the 21st century, economic problems have incurred an increasing number of people s attention as the economic develop rapidly, and these problems are usually caused by human themselves. For instance, the occurrence of Global Financial Crisis (GFC) in 2007Read MoreThe Global Financial Crisis Of Broward College920 Words   |  4 PagesResearch Paper: The Global Financial Crisis Michelle Beira Broward College There have been few financial crises in the United States. The Global Financial Crisis of 2008 to 2009 was the most recent and before that was The Great Depression of the 1930s. The Global Financial Crisis actually began in 2007 when prices of homes tanked. It not only affected the U.S. but it also affected economies overseas. The entire investment banking industry, some of the biggest insurance companies, enterprisesRead MoreFinancial Crisis Of A Single Country1671 Words   |  7 Pages Table of Contents Summary 2 Financial crisis 3 Impact of financial crisis 4 Effect of financial crisis on different on the economies of different countries 5 Mathematical problems 6 Conclusiom 8 References ..................................................................................................................................................9 Summary Financial crisis has long been a part of global economic recession throughout the history. Here, the purpose of this assignment

A Brief Note On Obesity And Its Effect On Obesity

What Factors Contribute to Obesity in Children For years I’ve been watching the news in disbelief on how much obesity is increasing in children like if it’s an epidemic that has no control, so I have always asked myself what factors contribute to obesity in children. My knowledge about obesity disorder is limited, but what I do know is that obesity is one of the causes of death in the United States. Obesity grows like a virus when humans abuse their intake of fattening food that has no beneficial benefit for them. Also I assume that obesity comes from the genes of your family members. If your family is overweight, then perhaps there is a high chance you are also going to be overweight and probably obese in the future. Exercise is an†¦show more content†¦I was surprised at the amount of information I found that I didn’t know what articles to choose from, but I read several journal, periodical, newspaper articles from their abstracts or introductions whi ch made it easier for me to connect the correct ones for my research paper. It helped me narrow down my search to only factors that contribute to obesity in children. To my amazement my periodical informs â€Å"Predicting Obesity at Birth† which the majority of obesity starts from. Next, in my research I found two academic journals, one that informs how â€Å"Parental Feeding and Childhood Obesity in Preschool-Age Children†. According â€Å"Food for thought: Children’s views on the psychological aspects of childhood obesity† is my second academic journal. Next, the following day I needed to check out a book as my fourth source from the library so I decided to search it online first and found a perfect one named â€Å"Obesity†. The following day I went to the UTB library and checked out the book. The difficult part is to find my fifth primary source which is the last one and navigated online looking for a good documentary video about factors that co ntribute to obesity in children. I didn’t find anything on my first day of searching, but the next day I kept on researching and found the perfect documentary video called â€Å"The Weight of the Nation† that will make my research paper complete. What I Discovered I discovered that

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Case Summary Security Fraud - 1626 Words

Case Summary Security fraud is a white collar crime that involves the deception of investors or the manipulation of financial Markets (FBI, 2005). Security fraud is a broad topic that covers many different aspects of white collar crimes that individually can stand as their own form of indictable crime (FBI, 2005). Due to the broad reality associated with security fraud, when considering the different case studies, the Martin Shkreli case was the best option. Mr. Shkreli was a pharmaceutical executive who was known by the general public and by the Media for his high pricing in life saving drugs (Smythe and Geiger, 2015). Mr. Shkreli, dubbed Bad Boy by the media, had been charged with several charges pertaining to fraudulent schemes such as insider trades, manipulation of market to illegally redistribute money by misappropriation of assets or defrauding investors and potential investors to fund pharmaceutical companies that acted as hedge funds (Smythe and Geiger, 2015). The list of charges and cri mes that Mr. Shkreli go on and on, and it is for that very same reason Mr. Shkreli’s case was the most ideal case to choose. Mr. Shkreli s Case is great representation of how security fraud has many faces. Another reason why Mr. Shkreli s Case is the ideal case is due to the fact that it will allow for a more depth analysis on why individuals commit fraud. In one of the articles I will be annotating as one of the 5 sources, the psychology and sociology behind why individualShow MoreRelatedThe Case Summaries For Phar Mor Inc. Fraud Essay1302 Words   |  6 PagesThe Case Summaries for Phar-Mor Inc. Fraud, Waste Management Scandal, Enron Scandal and Answers Phar-Mor Inc. Fraud Summary Phar-Mor Inc. fell prey to greed from the top. Unfortunately, the auditing firm assisted the organization with the conspiracy to defraud the users of financial reporting, the government, and the stakeholders. The chief officers used the funds for personal usage and appropriated funds to functions that were not related to the organization business. The financial statementsRead MoreIntegrated Cases Chapter 51130 Words   |  5 PagesCHAPTER 5: Integrative Case- Northwest Industries N Date: December 3, 2011 Information Management Immediate Issues or Problems * Is there an existing fraud in the payroll system of Northwest Industries? * What courses of action should be done by Northwest Industries to prevent and detect fraud? Basic Issues or Associated Issues * All of the 1,500 company employees of Northwest Industries had a discrepancy between their reported withholding and the actual amountRead MoreAnalysis Of The Margolin s Lawsuit With The Rules Of Jurisdiction Essay1389 Words   |  6 Pagesin personam jurisdiction extends only over a specific geographic region.† (Kubasek, pg.42, 2009). Before a court can decide to implement control over a person, they require a minimum contact within the district in which the court is over. In this case, the minimum contact was established over the internet when Margolin inputted information over the internet that completed the business transaction. Since the contact is through the internet, and not within boundaries of the state of California orRead MoreCase Analysis : Lehman Brothers1225 Words   |  5 Pages Executive Summary A decade ago the Lehman Brothers were the fourth largest investment bank in America. Dealing with Investment banking and investment management, the Lehman Brothers was one of the largest global financial service providers. Consequently, the subprime mortgage crisis left the company filing for the declaration of the chapter 11 bankruptcy protections, due to the unnecessary undertaken risk and obnoxious negligence accusations directed towards the group. Companies should utilizeRead MoreIntroduction to Ict1509 Words   |  7 PagesContents Page i. Executive summary (pg.1) ii. Introduction (pg.1) iii. Report (pg.1-2) iv. Fraud (pg.2-3) v. Legislation (pg.3) vi. Recommendation (pg.4) vii. Bibliography (pg.5) Executive Summary In this report I will look into the benefits and risk of e-commerce, the types of legislation that have been introduced to protect the consumer and business alike. At the end of this report I plan to give my recommendationRead MoreBernard Madoff the Fraud of the Century746 Words   |  3 PagesThe Fraud of the Century The Case of Bernard Madoff Summary of the case In December 2008, the highly respected American businessman Bernard Madoff made the headlines when the US authorities accused him of orchestrating a $65 billions Ponzi scheme which is the biggest financial frauds of all time and made of him â€Å" The Conman of the Century†. Bernard Madoff also called   Bernie is a former American businessman, stockbroker, investment advisor, financier and the former non-executiveRead MoreMedicare Privacy in Australia1161 Words   |  5 Pagescommittee and known as â€Å"Healthcare Identifiers Bill (HI)† as proposed by Ms Nicola Roxon, Minister of Health, for inquiry and report on significant changes. The Minister of health has relied on Medicare as secure guardians of Medical information. In this case that the HI bill will have not much objections and gain support of the senate committee and thus earn favourable endorsement. This bill aims to provide every Australian a 16 digit identity number and more than 600,000 healthcare providers such asRead MoreUmmary Of The Issues In The DHB Industries990 Words   |  4 Pagesï » ¿Summary of the issues in the DHB Industries, Inc. case study.    Background: DHB Industries, Inc. (DHBI) case study concerns an accounting and financial reporting fraud. DHBI made protective body armour for the US military. The former CEO of DHBI, David Brooks (DB), misrepresented DHBIs financial statements, mislead the independent auditors in order to conceal his fraudulent transactions and he misappropriated DHBIs assets and funds for personal expenditures. Main Issues: (1)  Weak corporateRead MoreHoward Street Jewelers1634 Words   |  7 PagesCase Overview For forty years the Levis owned and operated a jewelry store. They had survived many financial ups and downs over the years, but the current declining cash position of the company was nearing critical. On more than one occasion Mrs. Levi had suspected Betty, a long term, reliable, employee for over twenty years, might be stealing from the company. Betty not only worked as a sales clerk, but she also handled all of the cash and bank deposits and maintained all of the sales andRead MoreEthics Of Hacking And Cracking1156 Words   |  5 Pagesexploitation of system vulnerabilities. Once, the term ‘hacking’ was used to define the activity of circumventing a computer’s, or a network’s, security without authorization for reasons such as financial gain, corporate espionage, personal challenge, of fame (Ashoo Gore, 2011). Now, with the advent of the computer security industry, professional security penetration testers have chosen to distance themselves from this shadowy designation by labeling malicious attackers as crackers. They have begun

What is sociology, anyway Why bother to study it Free Essays

The aspect of sociology mainly relates to the study of the human behavior, existence, and individual characteristics based on the collective perspective of the society. The importance of this field in science generally manifest in many ways varying from the views and interpretation of the person involved. In reply to the read article regarding a personal reflection towards sociology, this writer clearly understands that the author of the said article greatly appreciates the value of the aspect of sociology with its manifestation towards the said author’s life. We will write a custom essay sample on What is sociology, anyway? Why bother to study it? or any similar topic only for you Order Now Read also  Sociology and Social Integration. Parts of his realization are greatly inclined towards the aid of sociology for understanding the human behavior in the society and discovering the individual characteristics of each person in a collective perspective. By the inclusion of the sociological concepts, the author of the article was able to understand the individual differences in terms characteristics, behavior, intellect, and others relevant to his successful merge in his society. In agreement to the ideas presented of the author of the read article, indeed, the aspect of sociology explains that the individual differences of each person is rooted on the influence of numerous factors in the person’s development. Realizing this fact, it is important to acknowledge these factors in understanding the personal characteristics of each individual such as his or her opinion, values, perspective, behavior, and actions. Among these influential factors are the concepts of family background and culture wherein the former has changed significant in the present. Other than the traditional type of the family unit, new structure have already emerged in the present namely the extended and nuclear or modern type which also have significant influences in the personality development of the person involved in these family unit. The dominant culture existing inside the family also becomes a fundamental factor in the individual characteristic thus, should also be considered in the sociological analysis and understanding. Indeed, the factors of family background and culture significantly affect the development of individual personality and characteristics relative to understanding the differences of each person inside the collective group of their respective society. Being part of the broad field of sociology, indeed, it is important to consider this scientific field towards achieving development in the aspect of understanding social relationship and individual differences inside the organization of human society. How to cite What is sociology, anyway? Why bother to study it?, Papers

Disadvantages of using Renewable Energy-Free-Samples for Students

Question: Discuss about the Disadvantages of using Renewable Energy. Answer: Introduction The rapid growth of the technological advancements and the increasing needs for power has led to the rise of crisis situation sin the environment. the traditional methods through which power was used, the non-renewable sources, started depleting and the concern for the future generations has led to innovations that generated power for the industrial sectors and the common households. The most important consideration undertaken by the people while undertaking the sustainable approaches is based on the conservation of the power and the non-renewable sources. The technological advancements have led to the usage of the global statistics in order to analyze and understand the depletion that is being caused by the actions of the people and the organizations. The depletion of the natural resources, led to the serious discrepancies that are being faced by the people. The conservation of the non-renewable resources is therefore an attempt of sustaining the energy sources that are non-renewable in nature (Kristoferson Bokalders, 2013). The report, however, states the negative impacts of the usage of the renewable sources in the developing countries. It aims at differencing between the non-renewable and the renewable sources in order to justify the notion that the renewable sources must not be used by the developing economies. The growing awareness of the requirements of the application of the renewable sources of energy has led to the growth of the systems supporting the cause of the renewable sources. However, they might seem to be disadvantag eous for a developing country. The report enumerates the issues that are being faced by the developing countries while undertaking the practices of sustainable development. Te issues are being demonstrated with the help of the arguments and the counter arguments and lastly a critical review of the content that is being presented. Issue 1: High costs of installation The higher costs of installation of the renewable sources of energy leave limited scope with the developing nation to undertake and facilitate the sustainable approach. The higher costs of installation do not facilitate the usage of the renewable sources (Devabhaktuni et al., 2013). Moreover, expenditure that is being undertaken by the nation is based on the demography and the social structure. it is also based on the economic condition of the nation (Quaschning, 2016). The most important step undertaken by the nations is determining the per capita income of the nations through which the affordability of the step and its implementation can be understood. The majority of the people might not afford the higher costs of installation and therefore the implementation of the renewable resources is a matter of concern for the developing countries. On the other hand, the implementation of the renewable sources helps the nation in reducing the costs incurred in order to supply power to the people. In certain developing countries like Romania, nuclear power projects are being undertaken in order to supply the nation with the most required electricity. Nuclear plants make use of Uranium, which is a non-renewable source (Wstenhagen Menichetti, 2012). Therefore, the excessive use of uranium depletes the uranium contents in the atmosphere. The most important consideration undertaken by the nations in developing and empowering the mass production of power results to their reliability on the non-renewable sources of the energy (Refer to Appendice 1). Approximately the cost of one kilogram of Uranium is around $7 million. In this cost, the country could have installed different renewable sources like the wind power or the hydro power plants (Espinosa et al., 2012). The ineffectiveness of the plants is due to the excessive demand for po wer that is being faced by the nation. The demography and the economic structure of the nation play an important role in the installation of the renewable sources. The renewable sources help in making a sustainable approach to the growth of the nations. Therefore, an important phenomenon must be undertaken by the nations in order to support their respective eco-friendly approach. However, the higher costs of installation hinder the growth of the national progress. The most important consideration undertaken by the nations are based on meeting the requirements of the people. The increased population of the nations has supported the cause of their respective demands (Lee, Speight Loyalka, 2014). The demographic control and the steps that are being undertaken by the developing nations have brought in stability in their approaches. Although, the installation of the renewable sources of generating energy is not being undertaken by the nations due to the limited supply of power based on the demand. The renewable sources of energy have helped in the evolution of the power in the nations, which will not be based on the non-renewable sources. However, the excessive cost of installation of the renewable sources discourages the nations to undertake steps in order to implement the ideas of sustenance. The rise in the energy consumption has been correlated with the increase in the demand for the energy (Chu Majumdar, 2012). Therefore, in order to supply the people with the required amount of energy, the developing nations undertake steps in order to use the non-renewable sources. The output of the renewable sources of energy is again an important consideration that must be undertaken while understanding the deficit in the values of the power. Issue 2: Lack of reliability The installation of the renewable sources helps in the undertaking of the proper sustenance. However, the developing nations face difficulties in the installation process based on the factors of reliability. The reliability on the usage of the renewable sources is based on the availability of power and the lesser use of non-renewable sources from the environment. The lack of reliability is based on the concepts of the change that the nations must undertake. However, the applicability of the renewable resources is based on the demographic structure and the demand of the developing nations (Ellabban, Abu-Rub Blaabjerg, 2014). The problems that are being faced by the nations are based on the criteria of the supply of the power to the people. Apart from the fact that the usage of the renewable sources helps in reducing the carbon emissions in the atmosphere, the reliability of the sources plays a major role while undertaking the understanding of the situations of the nation. The most reliable source of energy can be counted on the empowerment of the geothermal energy, which is a renewable source and thereby helps in reducing the depletion of the resources from the atmosphere (Centi, Quadrelli Perathoner, 2013). On the other hand, the applicability of the geothermal energy sources requires huge funding and investment that are required to be undertaken by the nations government. It is based on the economic condition of the nation (Refer to Appendice 2). Therefore, the applicability of the renewable sources is based on the fair returns of the energy sources on the investments that are being undertaken. Waterpower, on the other hand, is estimated to provide 16% of the worlds energy through its rapid growth in different developing and developed countries. The installation of the turbines requires an investment though, but the source is being preferred by the countries that funds the growth of the hydropower projects. On the other hand, the lower productivity of the power that is being supplied through the undertaking of the project discourages the growth of the renewable sources (Twidell Weir, 2015). Wind power, on the other hand provides power to the people but the excessive demand of power could not be controlled and adhered by the systems and therefore, most of the nations apply the wind power in the windy areas in order to maximize the use of the resource. The most important issue that are being faced by the developing nations are based on the accessibility and the effectiveness of the measures in order to raise the quotient of their output in the sectors (Brenton, Edwards-Jones Jensen, 2015). Conclusion Therefore, from the above analysis it can be stated that the usage of the renewable resources is an important consideration that must be taken by the nations in order to sustain their resources. However, in order to cope up with the basic requirements of the people regarding the utilization of power, the nations have to undertake steps in order to use the non-renewable sources. The applicability of the renewable resources is based on the higher costs of installation and the lack of reliability of the resources in supporting the demands of the people. The most important step undertaken by the nations are based on the requirements of the power and thereby the supply of the power in the sectors for the smooth functioning. Moreover, the per-capita income of the people of the nation is also a considerable factor while undertaking the investments by the governing bodies of the nation. The sustainable approach of the nations should be backed by the potentiality of the developing nations to undertake steps in order to promote the usage of the renewable sources of energy. The most important consideration undertaken by the nations is based on the applicability and the potential benefits that the nation derives from the transition of the usability of power by the nation. It is based on the demands and the supply and also determines the costs of undertaking the change. References Brenton, P., Edwards-Jones, G., Jensen, M. F. (2015). Carbon labelling and low-income country exports: a review of the development issues. InINTERNATIONAL TRADE, DISTRIBUTION AND DEVELOPMENT: Empirical Studies of Trade Policies(pp. 393-417). Centi, G., Quadrelli, E. A., Perathoner, S. (2013). Catalysis for CO 2 conversion: a key technology for rapid introduction of renewable energy in the value chain of chemical industries.Energy Environmental Science,6(6), 1711-1731. Chu, S., Majumdar, A. (2012). Opportunities and challenges for a sustainable energy future.nature,488(7411), 294-303. Devabhaktuni, V., Alam, M., Depuru, S. S. S. R., Green, R. C., Nims, D., Near, C. (2013). Solar energy: Trends and enabling technologies.Renewable and Sustainable Energy Reviews,19, 555-564. Ellabban, O., Abu-Rub, H., Blaabjerg, F. (2014). Renewable energy resources: Current status, future prospects and their enabling technology.Renewable and Sustainable Energy Reviews,39, 748-764. Espinosa, N., Hsel, M., Angmo, D., Krebs, F. C. (2012). Solar cells with one-day energy payback for the factories of the future.Energy Environmental Science,5(1), 5117-5132. Jnicke, M. (2012). Green growth: From a growing eco-industry to economic sustainability.Energy Policy,48, 13-21. Kristoferson, L. A., Bokalders, V. (2013).Renewable energy technologies: their applications in developing countries. Elsevier. Lee, S., Speight, J. G., Loyalka, S. K. (Eds.). (2014).Handbook of alternative fuel technologies. crc Press. Quaschning, V. (2016).Understanding renewable energy systems. Routledge. Twidell, J., Weir, T. (2015).Renewable energy resources. Routledge. Wstenhagen, R., Menichetti, E. (2012). Strategic choices for renewable energy investment: Conceptual framework and opportunities for further research.Energy Policy,40, 1-10.

My Biggest Passion free essay sample

My biggest passion, besides my husband and kids, is riding motorcycles. This is something that I am still fairly new to; I have only been riding for about five years now. At first I was scared to death, when I was about five or six I fell off the back of one, but when I saw my children riding with my husband on his and having lots of fun I decided I would try it and have been hooked ever since. I hope to convey my excitement in the following essay, and also show everyone that we on motorcycles are for the most part harmless and just want the same courtesy on the road that you would give a car or truck. While motorcycles seem scary and unsafe, when used properly, they can actually be fun and exciting. One of the most important things to do when riding a motorcycle is get a helmet that fits and always wear long pants and tennis shoes or boots. We will write a custom essay sample on My Biggest Passion or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page You want as much clothing between you and the asphalt if something should happen. But first I would like to start with the history of motorcycles. Riding motorcycles for me and my husband is a fun and relaxing activity. We have three big events that we do every year; the first one is the Vermontville Maple Syrup Run in April, the Blessing of the Bikes in May and then our favorite which is our honeymoon/anniversary ride. Last year at our Vermontville ride we rode with about 40 bikes and pulled in to Vermontville with about a hundred bikes. Pouring rain and all. My husband can pack enough stuff on our bike (tent, sleeping bags, beach umbrella, pillows and clothes) to make it through a weekend of camping. On our average anniversary trip we can log up to 700 miles in a weekend. There is nothing like riding down the coast and smelling the water and trees and the air. I really do not know how to explain how much these rides mean to us.