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What is the equaity loan on a new house?
An equity loan is where the bank gives the borrower cash for the loan amount. In return for the money the bank now owns that portion of the new house.
What is the theory of equaity?
There are variants of equality. -Equality before the law (all laws are equal for all) is a classic liberal staple practiced by most center right politics. such as conservatives and libertarians -Social Justice (minority favoritism for equality) practiced by most center left parties. such as social democrats and modern liberals -Uniformity (all things economic and social are forceably equal) practiced by socialists and communists -Nationalist equality (equality for a certain group only) practiced by far left and right political parties, such as Nazis and Black Nationalists.
How did conscription affect the Vietnam war?
Military service as career choice was at an all time low. Conscription wasno longer acceptable because of the large number of exemptions thatwere percieved as available to the wealthy Americans. Class and racewere seen as factors in recuritment, and as a way for upward mobility.An all volunteer force is a good idea. National service of some kind is agreat way to insure equaity and a sense of patriotism in all Americans. t Another answer could be that: civil unrest was so severe in the US at the time, that the administration were concerned that they would not have enough troops to manage the riots. Consequently troops were withdrawn. The issue of the draft, as raised by the above answer, is certainly that patriotism cannot be relied upon. But this allows soldiers to judge for themselves the merits of armed intervention and in the case of Vietnam this led to 'fragging'. It can be seen as a superior form of recruitment because the actions perpetrated in a country's name should be commitment by a cross-section, not militants who do not have information on national interests. Most of what I've discussed is brought up by chomsky (esp in the book understanding power)but now that the best-paid unskilled labour is in the armed forces, economic hardship and inequality cause an over-representation of ethnicity in Iraq(2006) such that 12% of the US is black but 24% of US military is black.
