FOMC Meeting Transcript

Total Page:16

File Type:pdf, Size:1020Kb

FOMC Meeting Transcript Meeting of the Federal Open Market Committee Meeting July 5-6, 1994 A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., beginning on Tuesday, July 5, 1994, at 2:30 p.m. and continuing on Wednesday, July 6, 1994, at 9:00 a.m. PRESENT: Mr. Greenspan, Chairman Mr. McDonough, Vice Chairman Mr. Blinder Mr. Broaddus Mr. Forrestal Mr. Jordan Mr. Kelley Mr. LaWare Mr. Lindsey Mr. Parry Ms. Phillips Messrs. Hoenig, Keehn, and Melzer, Alternate Members of the Federal Open Market Committee Messrs. Boehne, McTeer, and Stern, Presidents of the Federal Reserve Banks of Philadelphia, Dallas, and Minneapolis respectively Mr. Conrad and Ms. Minehan, First Vice Presidents, Federal Reserve Banks of Chicago and Boston respectively Mr. Kohn, Secretary and Economist Mr. Bernard, Deputy Secretary Mr. Coyne, Assistant Secretary Mr. Gillum, Assistant Secretary Mr. Mattingly, General Counsel Mr. Patrikis, Deputy General Counsel Mr. Prell, Economist Mr. Truman, Economist Messrs. Beebe, Goodfriend, Lindsey, Promisel, Siegman, Simpson, and Ms. Tschinkel, Associate Economists Ms. Lovett, Manager for Domestic Operations, System Open Market Account Mr. Fisher, Manager for Foreign Operations, System Open Market Account -2- Mr. Winn, Assistant to the Board, Office of Board Members, Board of Governors Mr. Ettin, Deputy Director, Division of Research and Statistics, Board of Governors Mr. Madigan, Associate Director, Division of Monetary Affairs, Board of Governors Mr. Struckmeyer and Ms. Zickler, Assistant Directors, Division of Research and Statistics, Board of Governors Ms. Edwards 1/ and Mr. Oliner 1/, Economists, Divisions of Monetary Affairs and Research and Statistics respectively, Board of Governors Ms. Low, Open Market Secretariat Assistant, Division of Monetary Affairs, Board of Governors Mr. Bennett, Ms. Browne, Messrs. Davis, Dewald, Lang, Rolnick, Rosenblum, and Scheld, Senior Vice Presidents, Federal Reserve Banks of New York, Boston, Kansas City, St. Louis, Philadelphia, Minneapolis, Dallas, and Chicago respectively Messrs. Guentner and Sniderman, Vice Presidents, Federal Reserve Banks of New York and Cleveland respectively Transcript of Federal Open Market Committee Meeting of July 5-6, 1994 July 5, 1994--Afternoon Session CHAIRMAN GREENSPAN. Before we get started on our formal proceedings, I have several announcements. First, we'd like to welcome the new Vice Chairman of the Federal Reserve Board to his first Federal Open Market Committee meeting. MR. BLINDER. Thank you very much. CHAIRMAN GREENSPAN. And my next news--the unwelcome news--is that Si Keehn is leaving and this is his final meeting. It says here that his first meeting was on July 6, 1981. Si, of course, will return for the retirement luncheon following the August 16 meeting. This is also First Vice President Bill Conrad's first meeting. Bill is an observer at this meeting, but he will represent the Chicago Bank at future meetings until a new president is selected. Finally, Karl Scheld will be attending his last meeting. He has been attending FOMC meetings regularly for nearly 25 years. I'd like to say a few remarks about Karl at the luncheon tomorrow. Getting on to formal business, would somebody like to move approval of the minutes of the May 17 meeting? VICE CHAIRMAN MCDONOUGH. So move. CHAIRMAN GREENSPAN. Is there a second? MR. KELLEY. Second. CHAIRMAN GREENSPAN. Without objection. I'd now like to turn to Peter Fisher for the report on foreign currency operations. Peter. MR. FISHER. Thank you. [Statement--see Appendix.] CHAIRMAN GREENSPAN. Questions for Peter? Ed. MR. BOEHNE. How much discretion did you have here working with the Treasury in terms of the timing of the intervention? MR. FISHER. Well, the events of the morning gave me precious little time. The final decision to intervene was not made until sometime between 9:15 and 9:30 a.m. There had been an uptick in the dollar shortly after 9:00 a.m. I must tell you I fear that was the result of some leakage out of European central banks. I was very nervous about trying to enter the market as the dollar was coming down and thus I was in rather a hurry to try to get into the market before it came off that brief high. So, when I did get approval from the Treasury to operate in that market, I jumped right in. MR. BOEHNE. And the immediate response of market participants was to sell dollars? MR. FISHER. No, I don't think that was the immediate response. The morning operation had a more beneficial effect. The dollar moved up--I don't remember the exact figures right now. It 7/5-6/94 moved up appreciably over the course of an hour or so. It then began to come off when we pulled out of the market and in the afternoon when we tried to reinforce the dollar we really met a wall of dollar/marks. MR. TRUMAN. President Boehne, just one comment on your first question from an historical perspective, which I think is the perspective you are coming from: The decision to intervene on that day was a joint decision, so in that sense Peter had no discretion. That is no different than it has been. But once the decision was taken, it was then largely in the Desk's hands as to how they would handle the intervention. That was in contrast to some instances of micro-management over the course of recent years. I think Peter had been given quite a large amount of resources for his potential use, and although he consulted about his change of tactics, the tactics were decided by the Desk rather than by the Treasury. MR. BOEHNE. Thank you. CHAIRMAN GREENSPAN. Governor Lindsey. MR. LINDSEY. Reading the transcript from the last meeting-- unfortunately these transcripts will come back to haunt us all--but I am going to haunt you for a moment, if I may. [Laughter] The reason given for the previous intervention in late April and early May was that it was to underline a change in policy. Was there any change in policy that this intervention underlined? MR. FISHER. No, and I think that may have been one of its problems. I think when I spoke previously we were referring to both Treasury and Federal Reserve policy. MR. LINDSEY. Right. MR. FISHER. Looking back at last week, I think there was a change in Treasury policy. The clarity with which it was expressed evolved over the course of the week in which we operated and only became clear, I would say, toward the end of the day and subsequently. There was a change in the statements Treasury officials were making. They were now looking for the dollar to go higher rather than lower. MR. LINDSEY. The market's reaction to that increased clarity, as I recall, was to send the dollar down. MR. FISHER. I don't think the increased clarity was sending the dollar down. I really don't view it that way. Late Friday afternoon an unnamed Treasury official finally said they would rather have the dollar go up than down, not in so many words but that was the gist of it. I don't think that caused the dollar to go down rather than up. We did have a very regrettable series of headlines as a result of the President's interview on the radio. I think the overall remarks the President made were something any rational person could agree with. They map rather well with remarks I have made here to the effect that there are fundamental reasons for the mark and yen to be strong but that their appreciation is getting a little overdone, and we think it is prudent to intervene. This came out in a series of headlines. The first said "Clinton thinks exchange rates are puzzling." And subsequent headlines were "Clinton sees reasons for mark to rise versus dollar; Clinton sees reasons for yen to rise 7/5-6/94 versus dollar." Our afternoon operations had to face these headlines literally head-on. That, I think, was an important cause of the dollar's weakening that afternoon. MR. LINDSEY. Did the Treasury know about the President's forthcoming statements? MR. FISHER. I was not aware of the President's interview prior to seeing it come across the wire. MR. LINDSEY. Was the President aware that we were going to intervene? MR. FISHER. I don't know that for a fact. I think he had been briefed on the Treasury's views on Thursday. But as I said, the final decision to intervene was made by Secretary Bentsen between 9:15 and 9:30 a.m. on Friday morning for their part. MR. LINDSEY. I have a follow-up question. The transcript for the last meeting reads that I was asking you "How long do you expect the latest intervention to hold? I suppose the intervention last August bought us 9 or 10 months. I assume the second intervention"--which we had just had in late April and early May-- "will buy us something less than 9 or 10 months." It bought us four weeks. "Do we have any ammunition left?" You said at the May meeting "I think the operation and the action of the Bundesbank last week and whatever the Committee does in the realm of the expected, if I can put it that way, will tend to stabilize the dollar/mark rate." Well, we didn't stabilize it. How much time has this intervention bought us? With the last, we went from nine to ten months down to four weeks. Will this intervention buy us four hours or four minutes? It bought us about twenty minutes, I think.
Recommended publications
  • Final Research Report
    Comparing Long-Term Outcomes of Two Collaborative Care Approaches for People with Depression Kenneth Wells, MD1,2,3,4,5 ; Loretta Jones, MA6,7, ; Michael Ong, MD2 ; Wayne Aoki, PhD8 ;Thomas Belin, PhD3 ; Elizabeth Bromley, MD1,2,5 ; Bowen Chung, MD 1,2,4,9 ; Elizabeth Dixon, PhD MSN/MPH, RN 10 ; Megan Dwight Johnson, MD 11 ; Felica Jones 6 ; Paul Koegel, PhD 4 ;Dmitry Khodyakov, PhD4 ; Craig Landry, PhD1,2 ; Elizabeth Lizaola, MPH 1,2 ; Norma Mtume, MHS, MA, MFT 12 ; Victoria Ngo, PhD4 ; Judith Perlman, MS4 ; Esmeralda Pulido, MPH13 ; Vivian Sauer, MSW14; Cathy Sherbourne, PhD 4 ; Aziza Lucas Wright 4,6,15;Lingqi Tang, PhD1,2; Yolanda Whittington, MSW 9 ; Pluscedia Williams 6,7 ;Lily Zhang, MS1,2 ; Marvin Southard, DSW18 ;Jeanne Miranda, PhD 1,2 ; Sheryl Kataoka, MD, MSHS 1,2 ; Roya Ijadi-Maghsoodi, MD, MSHPM 2,5 ; Chantal Figueroa, PhD 15; Enrico Castillo, MD, MSHPM 9,16; Heather Patel, MPH 16 ;Mienah Zulfacar Sharif 16; S. Megan Helle 16 ;Krystal Griffith, MPH 1,2; Farbod Kadkhoda, MA 1,2; Priscilla Shorter 17; Rosalinda Cardenas 1,2;Joseph Mango, MFA 1,2 ; Erika Orellana 1,2 1David Geffen School of Medicine, University of California, Los Angeles 2Semel Institute, University of California, Los Angeles 3Fielding School of Public Health, University of California, Los Angeles, CA 4RAND Health Program/ The RAND Corporation, Santa Monica, CA 5Greater Los Angeles Veterans Administration Healthcare System, Los Angeles, CA 6Healthy African American Families Phase II, Los Angeles, CA 7Charles R Drew University of Medicine and Science, Los Angeles,
    [Show full text]
  • HH Available Entries.Pages
    Greetings! If Hollywood Heroines: The Most Influential Women in Film History sounds like a project you would like be involved with, whether on a small or large-scale level, I would love to have you on-board! Please look at the list of names below and send your top 3 choices in descending order to [email protected]. If you’re interested in writing more than one entry, please send me your top 5 choices. You’ll notice there are several women who will have a “D," “P," “W,” and/or “A" following their name which signals that they rightfully belong to more than one category. Due to the organization of the book, names have been placed in categories for which they have been most formally recognized, however, all their roles should be addressed in their individual entry. Each entry is brief, 1000 words (approximately 4 double-spaced pages) unless otherwise noted with an asterisk. Contributors receive full credit for any entry they write. Deadlines will be assigned throughout November and early December 2017. Please let me know if you have any questions and I’m excited to begin working with you! Sincerely, Laura Bauer Laura L. S. Bauer l 310.600.3610 Film Studies Editor, Women's Studies: An Interdisciplinary Journal Ph.D. Program l English Department l Claremont Graduate University Cross-reference Key ENTRIES STILL AVAILABLE Screenwriter - W Director - D as of 9/8/17 Producer - P Actor - A DIRECTORS Lois Weber (P, W, A) *1500 Major early Hollywood female director-screenwriter Penny Marshall (P, A) Big, A League of Their Own, Renaissance Man Martha
    [Show full text]
  • Running Head
    Response to Intervention: The Link Between Specific Learning Disability and Special Education Services by NANCY L. LEMMOND M.A., University of Colorado, 2009 A dissertation submitted to the Graduate Faculty of the University of Colorado at Colorado Springs in partial fulfillment of the requirements for the degree of Doctor of Philosophy Educational Leadership, Research, and Policy Department of Educational Leadership, Research, and Foundations 2016 © Copyright by Nancy L. Lemmond 2016 All Rights Reserved ii This dissertation for the Doctor of Philosophy by Nancy L. Lemmond has been approved for the Department of Leadership, Research, and Foundations By _______________________________________ Al Ramirez, Chair ________________________________________ Dick Carpenter ________________________________________ Andrea Bingham ________________________________________ Elaine Cheesman ________________________________________ Gerry Olvey ______________ Date iii Lemmond, Nancy L. (PhD, Educational Leadership, Research, and Policy) Response to Intervention: The Link Between Specific Learning Disability and Special Education Services Dissertation directed by Professor Al Ramirez The purpose of this quantitative study is to determine if there is a statistically significant difference in the percentage of students identified as Specific Learning Disability before and after states policy adoptions in Colorado, Connecticut, Florida, Idaho, Louisiana, Rhode Island, and West Virginia that required the use of Response to Intervention (RtI) as the sole methodology for identifying students with Specific Learning Disability. Response to Intervention assumed a dominant role in education with the passage of the No Child Left Behind Act of 2001. Identified as a method to intervene early with students who were not making adequate academic achievement, RtI found its way into special education law with the passage of the Individuals with Disabilities Education Improvement Act in 2004 hereafter referred to as IDEA 2004.
    [Show full text]
  • Hormone Research
    RECENT PROGRESS IN HORMONE RESEARCH Edited by ANTHONY R. MEANS VOLUME 58 The Human Genome and Endocrinology “Recent Progress in Hormone Research” is an annual publication of The Endocrine Society that is published under the editorial auspices of Endocrine Reviews. The Endocrine Society 8401 Connecticut Avenue, Suite 900 Chevy Chase, Maryland 20815 Copyright 2003 by The Endocrine Society All Rights Reserved The reproduction or utilization of this work in any form or in any electronic, mechanical, or other means, now known or hereafter invented, including photocopying or recording and in any information storage or retrieval system, is forbidden, except as may be expressly permitted by the 1976 Copyright Act or by permission of the publisher. ISBN 0–879225-48-4 CONTENTS Senior Author Correspondence Information v 1. A Functional Proteomics Approach to Signal Transduction 1 Paul R. Graves and Timothy A.J. Haystead 2. The Use of DNA Microarrays to Assess Clinical Samples: The Transition from Bedside to Bench to Bedside 25 John A. Copland, Peter J. Davies, Gregory L. Shipley, Christopher G. Wood, Bruce A. Luxon, and Randall J. Urban 3. Gene Expression Profiling for Prediction of Clinical Characteristics of Breast Cancer 55 Erich Huang, Mike West, and Joseph R. Nevins 4. Statistical Approach to DNA Chip Analysis 75 N.M. Svrakic, O. Nesic, M.R.K. Dasu, D. Herndon, and J.R. Perez-Polo 5. Identification of a Nuclear Factor Kappa B-dependent Gene Network 95 Bing Tian and Allan R. Brasier 6. Role of Defective Apoptosis in Type 1 Diabetes and Other Autoimmune Diseases 131 Takuma Hayashi and Denise L.
    [Show full text]
  • Movies and Mental Illness Using Films to Understand Psychopathology 3Rd Revised and Expanded Edition 2010, Xii + 340 Pages ISBN: 978-0-88937-371-6, US $49.00
    New Resources for Clinicians Visit www.hogrefe.com for • Free sample chapters • Full tables of contents • Secure online ordering • Examination copies for teachers • Many other titles available Danny Wedding, Mary Ann Boyd, Ryan M. Niemiec NEW EDITION! Movies and Mental Illness Using Films to Understand Psychopathology 3rd revised and expanded edition 2010, xii + 340 pages ISBN: 978-0-88937-371-6, US $49.00 The popular and critically acclaimed teaching tool - movies as an aid to learning about mental illness - has just got even better! Now with even more practical features and expanded contents: full film index, “Authors’ Picks”, sample syllabus, more international films. Films are a powerful medium for teaching students of psychology, social work, medicine, nursing, counseling, and even literature or media studies about mental illness and psychopathology. Movies and Mental Illness, now available in an updated edition, has established a great reputation as an enjoyable and highly memorable supplementary teaching tool for abnormal psychology classes. Written by experienced clinicians and teachers, who are themselves movie aficionados, this book is superb not just for psychology or media studies classes, but also for anyone interested in the portrayal of mental health issues in movies. The core clinical chapters each use a fabricated case history and Mini-Mental State Examination along with synopses and scenes from one or two specific, often well-known “A classic resource and an authoritative guide… Like the very movies it films to explain, teach, and encourage discussion recommends, [this book] is a powerful medium for teaching students, about the most important disorders encountered in engaging patients, and educating the public.
    [Show full text]
  • Semiotic Approach to the Analysis of Interpersonal Communication in Modern Comedies
    SEMIOTIC APPROACH TO THE ANALYSIS OF INTERPERSONAL COMMUNICATION IN MODERN COMEDIES Maria Kochetkova A Thesis Submitted to the Graduate College of Bowling Green State University in partial fulfillment of the requirements for the degree of MASTER OF ARTS August 2010 Committee: Ellen W Gorsevski, Advisor Lara Lengel Donald McQuarie © 2010 Maria Kochetkova All Rights Reserved iii ABSTRACT Ellen W Gorsevski, Advisor The present research takes a cultural prospective on the tensions in interpersonal relations based on the movies of the 90’s, such as Sleepless in Seattle (1993), As Good As It Gets (1997), and You’ve Got Mail (1998). The romantic comedy films of the 90’s were innovative in their genre, for they have touched upon serious drama subjects, hiding behind the “romantic” and “comedy’ style. Through the prism of the semiotic analysis I try to analyze how cultural codes play into the formation of hidden conflicts in interpersonal communication, mainly loneliness. Umberto Eco’s theory of the openness of the “author’s message” permits to illustrate the many possibilities of interpretation by the audience of the given films and allows an in-depth analysis of the cultural situation. iv ACKNOWLEDGMENTS Firstly, I would like to thank my advisor, Dr Ellen Gorsevski, who has not only supported me throughout this process, but through her guidance I was able to see my research in a different way. I would like to thank my family, especially my mom and dad, Natalia and Alexander, without whom not only this project would not be possible, but only through their guidance and support I was able to understand the true meaning of education.
    [Show full text]
  • The NIH Catalyst
    Fostering Communication and Collaboration The nihCatalystA Publication for NMH Inira mural Scientists Institutes of Healthb Office of the Dieectorb Volume 6 Issue 5 National , m Septembfr-October 1998 A Rocky Mountain The Last Best Place eor Research: Science Sampler NIAID ’s Big Sky Laboratory by Celia Hooper Bruce Chesebro, who heads the Laboratory of Persistent Viral Dis- magine living in Shangri-La—a shim- eases (LPVD), has a three-ring re- mering, legendary trout-stream river search focus: on the immunology of I valley poised between two spectacu- mouse Friend leukemia retrovirus, lar mountain ranges that make the win- neural HIV infection, and transmis- ters mild and the summers temperate . sible spongiform encephalopathies . A place where people don’t lock their or TSE diseases. houses or even bother to roll up their Retroviral immunology has been car windows, much less install The Club a 25-year interest of Chesebro’s. The .... A place where you can find park- Friend vims, which is in the same ing after 9:30 a.m. and you don’t even family of vimses as HIV, causes fatal need a sticker or a hanger. Now imag- leukemia in a high percentage of sus- ine that, in this paradise, you also get all ceptible strains of mice. Remarkably, the perks of being an intramural scien- other strains be- tist—the chance come infected but to do excellent re- “cure” their own search with good leukemia. “We support services know more about and bright, ener- a protective re- getic colleagues. sponse to this vi- It’s not a day- rus than to any dream; it’s the other retrovims,” Rocky Mountain Chesebro says.
    [Show full text]
  • Academy Award Winners Academy Award WINNERS
    Academy Award Winners Academy award WINNERS BEST Actress 1970-2013 BEST Actor 1970-2013 ☐ Patton (1970) George C. Scott ☐ Women in Love (1970) Glenda Jackson ☐ The French Connection (1971) Gene Hackman ☐ Klute (1971) Jane Fonda ☐ The Godfather (1972) Marlon Brando ☐ Cabaret (1972) Liza Minnelli ☐ Save the Tiger (1973) Jack Lemmon ☐ A Touch of Class (1973) Glenda Jackson ☐ Harry and Tonto (1974) Art Carney ☐ Alice Doesn’t Live Here Anymore (1974) Ellen Burstyn ☐ ☐ One Flew Over the Cuckoo’s Nest (1975) Louise Fletcher One Flew Over the Cuckoo’s Nest (1975) Jack Nicholson ☐ Network (1976) Peter Finch ☐ Network (1976) Faye Dunaway ☐ The Goodbye Girl (1977) Richard Dreyfuss ☐ Annie Hall (1977) Diane Keaton ☐ Coming Home (1978) Jon Voight ☐ Coming Home (1978) Jane Fonda ☐ Kramer vs. Kramer (1979) Dustin Hoffman ☐ Norma Rae (1979) Sally Field ☐ Raging Bull (1980) Robert De Niro ☐ Coal Miner’s Daughter (1980) Sissy Spacek ☐ On Golden Pond (1981) Henry Fonda ☐ On Golden Pond (1981) Katherine Hepburn ☐ Gandhi (1982) Ben Kingsley ☐ Sophie’s Choice (1982) Meryl Streep ☐ Tender Mercies (1983) Robert Duvall ☐ Terms of Endearment (1983) Shirley MacLaine ☐ Amadeus (1984) F. Murray Abraham ☐ Places in the Heart (1984) Sally Field ☐ Kiss of the Spider Woman (1985) William Hurt ☐ The Trip to Bountiful (1985) Geraldine Page ☐ The Color of Money (1986) Paul Newman ☐ Children of a Lesser God (1986) Marlee Matlin ☐ Wall Street (1987) Michael Douglas ☐ Moonstruck (1987) Cher ☐ Rain Man (1988) Dustin Hoffman ☐ The Accused (1988) Jodie Foster ☐ My Left Foot (1989)
    [Show full text]
  • Best Actor Oscar Winners Best Actress Oscar Winners Year Actor Age Movie Year Actress Age Movie 1980 Dustin Hoffman 42 Kramer Vs
    Best Actor Oscar Winners Best Actress Oscar Winners Year Actor Age Movie Year Actress Age Movie 1980 Dustin Hoffman 42 Kramer vs. Kramer 1980 Sally Field 33 Norma Rae 1981 Robert De Niro 37 Raging Bull 1981 Sissy Spacek 31 Coal Miners Daughter 1982 Henry Fonda 76 On Golden Pond 1982 Katharine Hepburn 74 On Golden Pond 1983 Ben Kingsley 39 Gandhi 1983 Meryl Streep 33 Sophies Choice 1984 Robert Duvall 53 Tender Mercies 1984 Shirley MacLaine 49 Terms of Endearment 1985 F. Murray Abraham 45 Amadeus 1985 Sally Field 38 Places In The Heart 1986 William Hurt 36 Kiss of the Spider Woman 1986 Geraldine Page 61 The Trip to Bountiful 1987 Paul Newman 62 The Color of Money 1987 Marlee Matlin 21 Children Of A Lesser God 1988 Michael Douglas 43 Wall Street 1988 Cher 41 Moonstruck 1989 Dustin Hoffman 51 Rain Man 1989 Jodie Foster 26 The Accused 1990 Daniel Day-Lewis 32 My Left Foot 1990 Jessica Tandy 80 Driving Miss Daisy 1991 Jeremy Irons 42 Reversal of Fortune 1991 Kathy Bates 42 Misery 1992 Anthony Hopkins 54 The Silence of the Lambs 1992 Jodie Foster 29 The Silence of the Lambs 1993 Al Pacino 52 Scent of a Woman 1993 Emma Thompson 33 Howards End 1994 Tom Hanks 37 Philadelphia 1994 Holly Hunter 36 The Piano 1995 Tom Hanks 38 Forrest Gump 1995 Jessica Lange 45 Blue Sky 1996 Nicolas Cage 32 Leaving Las Vegas 1996 Susan Sarandon 49 Dead Man Walking 1997 Geoffrey Rush 45 Shine 1997 Frances McDormand 39 Fargo 1998 Jack Nicholson 60 As Good as It Gets 1998 Helen Hunt 34 As Good As It Gets 1999 Roberto Benigni 46 Life Is Beautiful 1999 Gwyneth Paltrow 26
    [Show full text]
  • A RHETORICAL ANALYSIS of HEGEMONIC IDEOLOGIES in the MOTION PICTURE in & out a Thesis Presented to T
    DECONSTRUCTING HOWARD: A RHETORICAL ANALYSIS OF HEGEMONIC IDEOLOGIES IN THE MOTION PICTURE IN & OUT A Thesis Presented to The Graduate Faculty of The University of Akron In Partial Fulfillment of the Requirements for the Degree Master of Arts Marla E. Carano May, 2009 DECONSTRUCTING HOWARD: A RHETORICAL ANALYSIS OF HEGEMONIC IDEOLOGIES IN THE MOTION PICTURE IN & OUT Marla E. Carano Thesis Approved: Accepted ______________________________ ______________________________ Advisor School Director Dr. Mary E. Triece Dr. Carolyn M. Anderson ______________________________ ______________________________ Committee Member Dean of the College Dr. Carolyn M. Anderson Dr. James M. Lynn ______________________________ ______________________________ Committee Member Dean of the Graduate School Dr. N.J. Brown Dr. George R. Newkome ______________________________ Date ii ACKNOWLEDGMENTS Completing this thesis to earn my Master of Arts in Communication is a dream come true, one that could not have been possible without the help of some extraordinary people. I would first like to thank my advisor, my mentor, and my friend, Dr. Mary E. Triece. Her passion for rhetoric and her ability to share that passion with her students has been an inspiration for all of us lucky enough to have had the chance to work with her. I will forever be grateful to her for teaching me how to appreciate all cultures and to see the world with a critical eye. I would also like to thank my committee members, Dr. N.J. Brown and Dr. Carolyn Anderson. Whenever it felt like this process was overwhelming and impossible, I could always rely on them to remind me that I can (and will) do it.
    [Show full text]
  • The Molecular Genetic Architecture of Human Personality
    Molecular Psychiatry (2006) 11, 427–445 & 2006 Nature Publishing Group All rights reserved 1359-4184/06 $30.00 www.nature.com/mp FEATURE REVIEW The molecular genetic architecture of human personality: beyond self-report questionnaires RP Ebstein1,2 1Department of Psychology and Scheinfeld Center for Genetic Studies in the Social Sciences, Mount Scopus, Hebrew University, Jerusalem, Israel and 2Research Department, S. Herzog Memorial Hospital, Jerusalem, Israel Molecular genetic studies of personality began with two high impact papers in 1996 that showed provisional associations between the dopamine DRD4 exon III repeat region and Novelty Seeking/Extraversion. These first two reports were shortly followed by an investiga- tion linking Neuroticism/Harm Avoidance with the serotonin transporter (SLC6A4) promoter region polymorphism (5-HTTLPR). In the ensuing decade, thousands of subjects have been studied for association between these genes and personality, assessed by using self-report questionnaires, with erratic success in replication of the first findings for Novelty Seeking (DRD4) and Harm Avoidance (5-HTTLPR). Small effect sizes characteristic of non-Mendelian traits, polygenic patterns of inheritance and true heterogeneity between studies confound attempts to reach a consensus regarding the role of common polymorphisms in contributing to personality domains. Nevertheless, the current state of personality genetics is far from being bleak. Several new paradigms especially functional neuroimaging or ‘imaging genomics’ have strengthened the connection between 5-HTTLPR and anxiety-related personality traits. The demonstrations that early environmental information can considerably strengthen and even uncover associations between genes and behavior (Caspi’s seminal studies and more recently the demonstration that early environment impacts on DRD4 and Novelty Seeking) are notable and herald a new era of personality genetics.
    [Show full text]
  • Movies with Characters with Disabilities JOE TIMMONS / MARCH 26, 2003
    Movies with Characters with Disabilities JOE TIMMONS / MARCH 26, 2003 An Affair to Remember — 1957 Disability: paralysis Summary: A remake of 1939’s Love Affair. Terry (Deborah Kerr) is on her way to meet the love of her life (Cary Grant) at the top of the Empire State Building when she is hit by a car and paralyzed. Oscar nominations: Best cinematography, costume design, score, song (“An Affair to Remember”) As Good As It Gets — 1997 Disability: obsessive compulsive disorder Summary: Melvin Udall (Jack Nicholson) is a cantankerous writer with obsessive compulsive disorder who softens when he meets a single mom waitress (Helen Hunt). Oscar awards: Best actor (Nicholson), actress (Hunt) Oscar nominations: Best picture, supporting actor (Greg Kinnear), film editing, score, screenplay At First Sight — 1999 Disability: blind Summary: Masseur Virgil (Val Kilmer) has been blind since age 3. He meets New York architect Amy (Mira Sorvino) who convinces him to have radical eye surgery done to restore his sight. Virgil regains his sight and must adjust to being able to see. A Beautiful Mind — 2001 Disability: schizophrenia Summary: Russell Crowe plays Nobel Prize-winning mathematician John Forbes Nash, who is diagnosed with schizophrenia. The movie is based on the Nash biography of the same title. Oscar awards: Best picture, director (Ron Howard), supporting actress (Jennifer Connelly), adapted screenplay. Oscar nominations: Best actor (Crowe), film editing, makeup, score. Benny & Joon — 1993 Disability: mental illness Summary: Benny (Aidan Quinn) cares for his sister Joon (Mary Stuart Masterson), who has a mental illness. He also inherits the care of Sam (Johnny Depp), who has a personality disorder.
    [Show full text]