Alexander Dubcek, the reformist communist who led the Prague Spring in 1968, made his first public appearance in over two decades. A new, non-communist government took the countryâs reins on December 5, and on December 29, Vaclav Havel, the famed playwright and dissident, was elected President.
The system of checks and balances was established to make sure that parts of our government did not abuse their powers. Each branch, including the legislative, executive, and judicial, has its own unique set of powers and responsibilities to initiate change and to serve as checks, or limits, on the powers of the other branches.
The funny thing about how a bank works is that it functions because of our trust. We give a bank our money to keep it safe for us, and then the bank turns around and gives it to someone else in order to make money for itself.Banks can legally extend considerably more credit than they have cash.he funny thing about how a bank works is that it functions because of our trust. We give a bank our money to keep it safe for us, and then the bank turns around and gives it to someone else in order to make money for itself.