The United States During the 1970´s

Investigating the invasion of the Washington Post reporter Bob Woodward and Carl Bernstein and their mysterious information providers has had a great impact on the scandal. Political investigation will be carried out soon. By 1974, the House of Representatives approved the committee to consider Nixon's condemnation. At 9 pm on August 8, 1974, Nixon resigned from the president in a nationwide TV speech. The Watergate scandal has brought about changes in the campaign's funds and has led the media to adopt a more positive attitude.

Securitization was originally developed in the United States through the emergence of mortgage-backed securities in the United States in the 1970s and was guaranteed by government funded agencies. The Australian market has existed since the 1980's and is the most complex market outside the United States (Liaw, A. Eastwood, G 2000, p. 1). Mortgage-backed securities are also the most common form of Australian securitization and 15% of all Australian mortgages are securitized. Although the scope of securitized assets is expanding, it is not as important as the mortgage market. In general, the securitization market has grown enormously since its appearance in the 1980s. According to the data, in June 2000 total securitized assets increased from $ 10 billion in mid-1995 to $ 64 billion (Liaw, A. et al 2000, pg 9).

In the 1960s and 1970s, domino theory and the spread of communism were widely believed, especially in Australia and the United States. This theory strongly influenced Australia to help the United States and involve in Vietnam's conflict. Although the relationship between Australia and the United States has been strengthened in the past war, many people think Australia is best to maintain this close relationship. Many Australian protests during the Vietnam War formed the public's own opinion and paved the way for more problems necessary to deal with further protest actions. They feel the power and influence of public protests, and there are many political opinions expressed now that they are not being persecuted by society and other people in the government.

Essay.com/ The impact of the Vietnam War on Australia's international relations and the country