President Harry S. Truman frequently used the phrase “the buck stops here.” This phrase and idea have come to be closely connected to President Truman and the way he ran his administration.
Truman from the state of Missouri is given credit for popularizing the phrase “The Buck Stops Here .” A friend had made it into a sign to rest on the president’s office desk. The saying “the buck stops here ” derives from the slang expression “passing the buck ” which means passing the responsibility on to someone else.
—used to say that one accepts a responsibility and will not try to give it to someone elseI’m willing to accept the blame for what happened. The buck stops here with me .
Source: A Concise Oxford Dictionary of Politics and International Relations Author(s): Andrew MumfordAndrew Mumford. In political terms, buck – passing is the unwillingness or failure to accept responsibility for the consequences of a policy decision and blame another person or institution instead.
But when the decision is up before you — and on my desk I have a motto which says The Buck Stops Here’ — the decision has to be made.” In his farewell address to the American people given in January 1953, President Truman referred to this concept very specifically in asserting that, “The President–whoever he is–has
As slang , “ buck ” means dollar as in the American currency or money. It can be used to specify a specific amount of money such as $10. Ten dollars would be ten bucks. And it can also be used to refer to money in general.
Buck is an informal reference to $1 that may trace its origins to the American colonial period when deerskins (buckskins) were commonly traded for goods. The buck also refers to the U.S. dollar as a currency that can be used both domestically and internationally.
Truman became President of the United States upon the death of Franklin D. Roosevelt, and ended on January 20, 1953. He had been Vice President of the United States for only 82 days when he succeeded to the presidency.
The standard theory is that power is the capacity for influence and that influence is based on the. control of resources valued or desired by others.
So, yes, the concept of balance of power is still relevant in contemporary international politics. In this fear is the key, for if the two powers enjoy friendly relations then there would be no need to ” balance ” the larger power . Moreover balance of power consists of external and internal balancing .
Balance of power , in international relations, the posture and policy of a nation or group of nations protecting itself against another nation or group of nations by matching its power against the power of the other side.