- published: 26 Aug 2012
- views: 58886
The power of the purse is the ability of one group to manipulate and control the actions of another group by withholding funding, or putting stipulations on the use of funds. The power of the purse can be used to save their money and positively (e.g. awarding extra funding to programs that reach certain benchmarks) or negatively (e.g. removing funding for a department or program, effectively eliminating it). The power of the purse is most often utilized by forces within a government that do not have direct executive power but have control over budgets and taxation.
The power of the purse's earliest examples in a modern sense is by the English Parliament, which was given the exclusive power to levy taxes and thus could control the nation's cash flow. Through this power, Parliament slowly subverted the executive strength of the crown; King Charles II was limited in his powers to engage in various war efforts by a refusal by Parliament to levy further taxes and his inability to secure loans from foreign nations, making him much less powerful.
Randal Howard "Rand" Paul (born January 7, 1963) is the junior United States Senator for Kentucky. He is a member of the Republican Party. A member of the Tea Party movement, he describes himself as a "constitutional conservative" and a libertarian. He is the son of Republican Congressman and 2012 Republican presidential candidate Ron Paul of Texas and had never previously held political office. Paul first received national attention in 2008 when making political speeches on behalf of his father. Rand Paul is the first United States Senator in history to serve alongside a parent in the United States House of Representatives.
A graduate of the Duke University School of Medicine, Paul has been a practicing ophthalmologist in Bowling Green, Kentucky, since 1993, and established his own clinic in December 2007. In 1994, he founded Kentucky Taxpayers United, of which he is still the chairman.
In 2010, Paul ran as the Republican candidate for the United States Senate seat being vacated by retiring Senator Jim Bunning of Kentucky and defeated Kentucky Attorney General Jack Conway. As a supporter of the Tea Party movement, Paul has been vocal in advocating for term limits, a balanced budget amendment, and the Read the Bills Act, in addition to the widespread reduction of federal spending and taxation. He has gained prominence for his independent positions on many political issues, often clashing with both Republicans and Democrats.
Elle Macpherson (born 29 March 1964) is an Australian model, actress, and businesswoman. She is well-known for her record five cover appearances for the Sports Illustrated Swimsuit Issue beginning in the 1980s, leading to her nickname "The Body". She is also known as the founder primary model and Creative Director for a series of business ventures, including Elle Macpherson Intimates, a lingerie line, and "The Body," a line of skin care products.
In 2010, she became the host and executive producer of Britain and Ireland's Next Top Model, and she is currently the host and an executive producer NBC's Fashion Star.
Macpherson was born Eleanor Nancy Gow, in the Killara neighbourhood of Sydney, Australia, the daughter of entrepreneur and sound engineer Peter Gow, a former president of a Sydney rugby league team, the Cronulla-Sutherland Sharks. Her mother Frances worked as a nurse before she married. Macpherson grew up in Killara, a North Shore suburb of Sydney, and she attended Killara High School. Macpherson is the eldest of four children including the businesswoman and environmentalist Mimi Macpherson. Macpherson’s parents divorced when she was 10 years old, and she moved with her mother and two siblings. Her mother later remarried, and a clerical mistake in registering at her new school meant that her name was changed from her father's, Gow, to her stepfather's, Macpherson.
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