Corruption In The United States
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Corruption In The United States
Corruption in the United States is the act of government officials Political corruption, abusing their political powers for private gain, typically through bribery or other methods, in the United States government. Corruption in the United States has been a perennial political issue, peaking in the Jacksonian era and the Gilded Age before declining with the reforms of the Progressive Era. As of 2022 the United States is the 27th least corrupt country according to the Corruption Perceptions Index. History 18th century Corruption in the United States dates back to the founding of the country. The American Revolution was, in part, a response to the perceived corruption of the Monarchy of the United Kingdom, British monarchy. Separation of powers was developed to enable accountability. Freedom of association also served this end, allowing citizens to organize independently of the government. This was in contrast to some European powers at the time where all associations and econo ...
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Flag Of The United States
The national flag of the United States, United States of America, often referred to as the ''American flag'' or the ''U.S. flag'', consists of thirteen equal horizontal stripes of red (top and bottom) alternating with white, with a blue rectangle in the Glossary of vexillology#Flag elements, canton (referred to specifically as the "union") bearing fifty small, white, five-pointed stars arranged in nine offset horizontal rows, where rows of six stars (top and bottom) alternate with rows of five stars. The 50 stars on the flag represent the 50 U.S. states, and the 13 stripes represent the Thirteen Colonies, thirteen British colonies that declared independence from Kingdom of Great Britain, Great Britain, and became the first states in the U.S. Nicknames for the flag include the ''Stars and Stripes'', ''Old Glory'', and the ''Star-Spangled Banner''. History The current design of the U.S. flag is its 27th; the design of the flag has been modified officially 26 times since 1777. ...
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National Bank
In banking, the term national bank carries several meanings: * a bank owned by the state * an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally) * in the United States, an ordinary private bank operating within a specific regulatory structure, which may or may not operate nationally, under the supervision of the Office of the Comptroller of the Currency. In the past, the term "national bank" has been used synonymously with "central bank", but it is no longer used in this sense today. Some central banks may have the words "National Bank" in their name; conversely if a bank is named in this way, it is not automatically considered a central bank. For example, National Bank of Canada of Montreal, Canada, is a privately owned commercial bank. On the other hand, National Bank of Ethiopia is the central bank of Ethiopia and National Bank of Cambodia is the central bank of Cambodia. By country Afghanistan Pashtany Bank is ...
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Grant Administration Scandals
Ulysses S. Grant and his administration, including his cabinet, suffered many scandals, leading to a continuous reshuffling of officials. Grant, ever trusting of associates, had strong bonds of loyalty to those he considered friends. Grant was influenced by both political forces of reform and corruption. The standards in many of his appointments were low, and charges of corruption were widespread At times, however, Grant appointed various cabinet members to clean up the executive corruption. Starting with the Black Friday (1869) gold speculation ring, corruption would be discovered in seven federal departments. The Liberal Republicans, a political reform faction that bolted from the Republican Party in 1871, attempted to defeat Grant for a second term in office, but the effort failed. Taking over the House in 1875, the Democratic Party had more success in investigating, rooting out, and exposing corruption in the Grant Administration. Nepotism, although legally unrestricted ...
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Presidency Of Ulysses S
A presidency is an administration or the executive, the collective administrative and governmental entity that exists around an office of president of a state or nation. Although often the executive branch of government, and often personified by a single elected person who holds the office of "president", in practice, the presidency includes a much larger collective of people, such as chiefs of staff, advisers and other bureaucrats. Although often led by a single person, presidencies can also be of a collective nature, such as the presidency of the European Union is held on a rotating basis by the various national governments of the member states. Alternatively, the term presidency can also be applied to the governing authority of some churches, and may even refer to the holder of a non-governmental office of president in a corporation, business, charity, university, etc. or the institutional arrangement around them. For example, "the presidency of the Red Cross refused to support h ...
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Civil Service Reform In The United States
Civil service reform in the United States was a major issue in the late 19th century at the national level, and in the early 20th century at the state level. Proponents denounced the distribution of government offices—the "spoils"—by the winners of elections to their supporters as corrupt and inefficient. They demanded nonpartisan scientific methods and credential be used to select civil servants. The five important civil service reforms were the two Tenure of Office Acts of 1820 and 1867, Pendleton Civil Service Reform Act of 1883, the Hatch Acts (1939 and 1940) and the CSRA of 1978. In addition, the Civil Service Act of 1888 signed by President Grover Cleveland drastically expanded the civil service system. Early aggressive demands for civil service reform, particularly stemming from Democratic arguments, were associated with white supremacy and opposition towards economic and social gains made by blacks through the spoils system which pro-civil rights Republican " Stalwarts ...
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Spoils System
In politics and government, a spoils system (also known as a patronage system) is a practice in which a political party, after winning an election, gives government jobs to its supporters, friends (cronyism), and relatives (nepotism) as a reward for working toward victory, and as an incentive to keep working for the party—as opposed to a merit system, where offices are awarded on the basis of some measure of merit, independent of political activity. The term was used particularly in politics of the United States, where the federal government operated on a spoils system until the Pendleton Act was passed in 1883 due to a civil service reform movement. Thereafter the spoils system was largely replaced by nonpartisan merit at the federal level of the United States. The term was derived from the phrase "to the victor belong the spoils" by New York Senator William L. Marcy, referring to the victory of Andrew Jackson in the election of 1828, with the term spoils meaning goods or ...
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Albany Regency
The Albany Regency was a group of politicians who controlled the New York state government between 1822 and 1838. Originally called the "Holy Alliance", it was instituted by Martin Van Buren, who remained its dominating spirit for many years. The group was among the first American political machines. In the beginning they were the leading figures of the Bucktails faction of the Democratic-Republican Party, later the Jacksonian Democrats and finally became the Hunkers faction of the Democratic Party. History The Albany Regency was a loosely organized group of politicians with similar views and goals who resided in or near Albany, New York, the state capital. They controlled the nominating conventions and patronage of their party within New York State, and by dictating its general policy, exerted a powerful influence in national as well as state politics. They derived their power largely from their personal influence and political sagacity, and were, for the most part, earnest oppon ...
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Corporate Charter
In corporate governance, a company's articles of association (AoA, called articles of incorporation in some jurisdictions) is a document which, along with the memorandum of association (in cases where it exists) form the company's constitution, and defines the responsibilities of the Board of directors, directors, the kind of business to be undertaken, and the means by which the shareholders exert control over the board of directors. Articles of association are very critical documents to corporate operations, as they may regulate both internal and external affairs. Articles of incorporation, also referred to as the certificate of incorporation or the corporate charter, is a document or charter that establishes the existence of a corporation in the United States and Canada. They generally are filed with the Secretary of State in the U.S. State where the company is incorporated, or other list of company registers, company registrar. An equivalent term for limited liability comp ...
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Bank War
The Bank War was a political struggle that developed over the issue of rechartering the Second Bank of the United States (B.U.S.) during the Presidency of Andrew Jackson, presidency of Andrew Jackson (1829–1837). The affair resulted in the shutdown of the Bank and its replacement by state banks. The Second Bank of the United States was established as a private organization with a 20-year charter, having the exclusive right to conduct banking on a national scale. The goal behind the B.U.S. was to stabilize the American economy by establishing a uniform currency and strengthening the federal government. Supporters of the Bank regarded it as a stabilizing force in the economy due to its ability to smooth out variations in prices and trade, extend credit, supply the nation with a sound and uniform currency, provide fiscal services for the treasury department, facilitate long-distance trade, and prevent inflation by regulating the lending practices of state banks. Jacksonian democra ...
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1828 United States Presidential Election
The 1828 United States presidential election was the 11th quadrennial presidential election. It was held from Friday, October 31 to Tuesday, December 2, 1828. It featured a repetition of the 1824 election, as President John Quincy Adams of the National Republican Party faced Andrew Jackson of the Democratic Party. Both parties were new organizations, and this was the first presidential election their nominees contested. This election saw the second rematch in presidential history, something that would not occur again until 1840. With the collapse of the Federalist Party, four members of the Democratic-Republican Party, including Jackson and Adams, had sought the presidency in the 1824 election. Jackson had won a plurality (but not majority) of both the electoral vote and popular vote in the 1824 election, but had lost the contingent election that was held in the House of Representatives. In the aftermath of the election, Jackson's supporters accused Adams and Henry Clay of hav ...
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Anti-corruption
Anti-corruption (or anticorruption) comprises activities that oppose or inhibit corruption. Just as corruption takes many forms, anti-corruption efforts vary in scope and in strategy. A general distinction between preventive and reactive measures is sometimes drawn. In such framework, investigative authorities and their attempts to unveil corrupt practices would be considered reactive, while education on the negative impact of corruption, or firm-internal regulatory compliance, compliance programs are classified as the former. History Early history The code of Hammurabi (), the Horemheb#Internal reform, Great Edict of Horemheb (), and the Arthasastra (2nd century BC) are among the earliest written proofs of anti-corruption efforts. All of those early texts are condemning bribes in order to influence the decision by civil servants, especially in the judicial sector. During the time of the Roman empire corruption was also inhibited, e.g. by a decree issued by emperor Co ...
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