New 'zaa' for Austin Chamber of Commerce

By


Sampson I.M Onwuka

Using the history of Wall Street in New York, the rise of MERC - Chicago Mercantile Exchange, Overnight lending for Banks (LIBOR), the origination of the CURB and Mid-Western, the political consequences of daily rates at the U.S Treasury, the U.S Federal Reserve System, the NFA and the FINRA, the American Trade Union, etc., which are trade and financial institutions that host financial statement and literature or Indexing; Nikkei, Hang seng, FTSE All world, Dow Jones Industrial, S & P TSX composite, Ibex 35, Xetra Dax, IPC Mexico City, Bovespa (Mexico City), FTSE MIB (Milan), BSE Sensex (Mumbai), Shanghai Composite, CAC 40 Paris, to name some of the popular listings in the world. It may sound like an overstatement that the world closer than we think, but the listing for stock markets differ - to a point that the market reflect the history of these independent Cities. It is the Chamber of Commerce and Mercantile Exchange or World Financial Centers that create the environment for cheap negotiation affecting long term view of the Stock markets and the general performance of business groups interested in breaking new grounds. Growth is the destiny of any market in the world and a capital-city like Austin is not different. Austin's short term advantage is based on any number of its competitive price advantage and offer (not the same) which raises the question of long term and more fundamental view of its market. How well this happens especially in the vibrant but discreet environment such as Austin is a factor of counter price advantage which international stock and external economies of scale can determine.  

A case for Austin's trading place (market place) can be made with some consideration of the attitude of other Cities in the State of Texas to Austin, secondly, how some of the market-places around the world will engage the Capital-City pursuant to due diligence operators, auctioneers and third party representatives and activity (inactivity) of the judges. It is not wrong to suggest that a City Hall that organize bond announcement cannot offer the rest of the State and Capitol City some advantage in breaking market information and raising it's international reach. It is how well any of the agencies in the State or the City can settle its accord with the listing families and how well it conform to other rate of returns is the chief ingredient in helping investor confidence. A third consideration is the role of Austin's fractured Chamber of Commerce - as compared to African American Chamber of Commerce, it seems that the idea of districts and the penultimate employment of City resources pale in comparison to what an organization can do a City such as Austin Texas. African American Chamber of Commerce or Black Chamber of Commerce is a huge advantage in corporate governance of the Capital-City, whereas personal interest do not dissociate from Charity organization, the higher chances of accounting for the wealth of the City's resources and resources allocation is a trial of price and advantage which open market or stock can offer the City of Austin.   

Given the conditional influence of the house of Representative and the placement of State house which wield more power than we know, there are hardly any rungs of understating a market place in Austin or Stock market will compote easily with the rest of State or gyrate from Austin to Houston without challenge. It is also an understatement to doubt that artificial laid back situation of the City of Austin is indicative of its fire power and rapid trading. Majority of the trading these days is done from the primacy of your own trade station and the like New York - the Stock market is no longer an affair to the house the bear and the bull built on Broadway. This is an error with Austin, for at least the better angels of our trade experience points to Houston - but there are many similar Houston(s) in the United States and perhaps the world - perhaps none - but in Austin, we encounter the realities of day to day breaking and how some new entente can take official position with the City that is loosely concerned with any influences over the State of Texas. A rapier induction to Austin is the market wroth of the City, perhaps functioning at a rate that is higher than most - cleaner perhaps than some - but will succumb to age if there are no price to pay for hosting the rest of the world. It is in this respect that all the good that a Chamber of Commerce can offer assume a position with City management, to an enabled degree that a future holds a degree of statement that a City of Austin shift from organ of local investment to host the market place in the interest of price and profit which a noisy and short term memory of its citizens can offer.  

There other issues of housing and dipole logical social and cultural miasma which ended recently, but o organize a similar trading place in Austin saving for a line of reason that defines Austin's landscape and perhaps Chamber of Commerce. A market place is not new in Austin or in any City Capitol or the need for up to date economic index lacking in the City. A Capitol-City has means of supporting itself, but the dissent over the local problems of manufacturing and industries, over announcement of new IPOs and stocks options for total Texas and new announcement for government bonds is perhaps one of the better problems of the Capitol – when upon a credit line, we are discussing the issue of ETF which has earned recent exposure in recent years. There are casualties of ETF just as we have serious questions of stock market collapse or draw down for bonds and the long and tedious complications with FTC and Federal Income Requirement for new IPOs. If this concern raises the issue of monopoly with bonds and financial estimate for a year end, many citizens may not have genuine concerns of taxes and rent issue or high price in the least affordable of luxuries.

In , it is Albany New York that serves its purpose as an example. Albany, New York, like Austin Texas, is a Capital-City held with fortitude by residents and their descendants and since the turn of the 20th century and to some degree today, bonds, market news and information are subject to monopoly which in turn affect City of New York and performance of several financial institutions at , a monopoly that the business man Bloomberg tried like many others to break in New York in 1980 with the need for informed system (Internet) - Bloomberg terminal. We are beyond this cycle of financial comptroller and beyond poor accountability resulting from citizens unaware of the rules of engagement and law and levels of discredit. Austin needs to consider a career in trading place/s other than City Hall which is quite small for a City approaching one million demographic. In essence, the City of Austin may be appropriate for a stock market in view of Houston or in spite of Houston and International Crude Oil market, part of the reason is the leverage it provides for America West of Texas and perhaps the City of Mexico and understated import and tariff ennui. The Capitol-City may seem bullish on housing, may lack stadiums that generate a specie income for a professional class, may have a reasonable pool on retiring and retired IRA accounts, but the future is not housing - it is market place. 

Raising questions on James Watson and The Nobel Prize

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By

Sampson I.M Onwuka 

 James Watson and The Nobel Prize

Am confident that James Watson did not discover the Double Helix in the way he explained it with actual graph and illustration. I think Him and Maurice Wilkins must have gotten into Roselyn Franklin's office and took the picture of her latest work on the Cystography of the protein structure. 

The idea to possibly steal the negative from her may have started perhaps with the visit of Ms. Franklin the wife of Wilkins where according to Judson she brought her latest pictures from the office she is under the employment of these scientists. There are however some questions on the nature of this visit, to the extent that a consensus was perhaps arrived at in the early months of 1953.

Here's what I think happened, that after she showed the picture which emerged differently from the negative treated in water, she probably began to doubt if the Alpha Helix story was actually accurate in describing the DNA. The Story is not exhausted but the extent to which the discoveries made science into a different lifestyle is an article of history. 

It reaches meaning to discuss some of its impact on study on medicine and in dealing with HIV. It is not a position that needs to be defended but it looks terrible to ignore the lessons of HIV and the latest knowledge on DNA do not combine very well. 

To that clear scientific understanding, we may add that James Watson as one of the intellectual auteurs of the last century on the same rank as perhaps William (Bill) Gates Jr, and compeers Steve Jobs, or perhaps the Polio magicians of John Enders, Albert Sabin, and Jonas Salk. Of course intellectual stars are the rue of all discussions on sciences and its breakthrough ; Albert Einstein, Steve Hawking for a start, and the course of HIV. 

In this discipleship, the intellectual breakthrough of the last century especially on DNA may explicate on HIV and may grant us some knowledge of why we fail and why succeed in the study of sciences.   

The negative showed a double Helix Intertwined on its axle, but Ms. Franklin probably did not know what it meant either did Wilkins' wife. But it is clear that these two women suspected something leading me to consider that Wilkin's wife betrayed the information to her Husband who may or may not recognized what it meant. 

Later on, these two men, Watson and Wilkins were said to have visited Franklin's office and after she found out and began to lock it, they found a way to break into the office. As suspected from the story, Ms. Franklin had to be fired, and from several sources, a tantrum broke up between Watson and Franklin leading to her dismissal. 

She must have recognized that the negative was missing for it seems to me that the scientific accuracy of Watson's drawing which a friend of his Francis Crick who was a major in the field did not recognize, was based on what Watson and Wilkins took from Franklin's office. 

I think it was the first and original negative of the new pictures of the DNA which appeared differently and clearly when treated like normal pictures in Water. 

Put it together, there is a chance that either Watson or Franklin didn't see eye to eye, that Watson suspected Franklin of hoarding information, though by agreement she was not a scientist involved in the same process as was Wilkins, Watson, and Crick, but was at least from all accounts a scientist in her own department. Sharing information was to the process but these men probably did not see her as a fellow scientist or a scientist in their field.

Put it differently, the transfer of academic search for the DNA may have started with Bragg and Cavendish, may have shifted to US through Linus Pauling and his work on Alpha Helix, but the final puzzle on the structure of the Helix and DNA which since Oswald Avery was a confirmation that Erwin Schrodinger's 'Script code' suggesting DNA or Amino Acid was the stricture and building (genetic) blocks of life and not protein, scientist struggled to decode the DNA. 

The picture of the Code was made possible through these picture which WATSON, WILKINS AND CRICK, probably did not tell us was possible through a wet process of putting the negative in water. 

It will be stupid to fail to recognize the efforts of Watson, Crick and Wilkins in transforming molecular biology, a statement of fact confirmed by one my favorite Biologist, Jacque Monod on Crick and Watson, with Wilkins as the most astute of the living biologist despite the suspicion of his role as an English spy, but then there are tons of others of the same category. 

The exceptional quality and greatness of Watson and Wilkins breakthrough was in the scientific process which they purportedly in discovery a Double Helix or Double Headed Helix, may explain Franklin's objection or at least suspicion of the Alpha Helix theory applicable at such level, but from all information at the period seemed to the rest of world that scientific and even prophetic intelligent of Watson to have manufactured the picture which after several picture was made possible there was prove of their scientific breakthrough which I think was perhaps based no such on the grasp of the sciences involved but on the pictures and photo-graphs made Ms. Franklin.   

     

Some of the papers she shared online have gaps in its synthesis. For instance, she pointed to somewhere in West Africa as the probably origins of human beings and the beginning of human diaspora/dispersion. 

It is not impossible to argue against her thesis or assumptions but she may have borrowed the theory of African human dispersion to compensate the basis for Africa as the formative of languages of the world. But you have look at the different angle of language origins as a form of evolving and evolved abstract representation, that letters began not ad nova but as a deliberate representation of many elements of the human thinking. 

For instance humans are said by anthropologist to consider what is front of them, besides them, covering the four cardinal relational in local, geospatial local, geospatial global, transduction, degrees of motion; rotation, by comparison, by additional, transition, etc. 

But the chief forms of Art which is closer writings and then language is Abstractions, which are Art forms primary based on existing Arts then either as a repeat of these natural imitations of human Art provoke human reason to attempt a symbol.

Regional Requirement

By

Sampson I.M Onwuka

The recent slow growth in the market and in world economy symbolic of the recent transition in the general world market and economy and this late in August the emphasis on rate take new heights and new meaning. Considering the stretch and strain on Chinese economy, it leads somewhere that economic satellites have a window to operate as alternative in the world with expectations that break the ice in world markets and lend easy prospect on the future of global market, resurgent global currencies issue and positive economy with or with term structure. 

We cannot pretend that Regional Reserve Investment may not help to offload some of the expectations in the world market. 

I salute the recent effort made by West African leaders in pushing a useful economic agenda to force a shift in global market to head West Africa. Perhaps the story is true that the roads that lead from Jericho to Jerusalem, leads from Jerusalem to Jericho, it is a tale about economic condition that is set to struggling BRIC nations; Brazil, Russia, India and China expand their influence on global market.  That expansion of regional reserve banks closes very easily especially with Russia recently sanctioned by world markets.  

We may consider or instance Hong Kong with emphasis on Regional Reserve Investment Corporations and Stabilization Fund; Hong Kong, National Reserve Fund and National Wealth Fund (Russia) with policy mandate Macro-economic Stability and Investment objective of Capital preservation in stable and term investment return.

It leads that several countries of the world do have a fair shake on the cross roads at which they found themselves at the receiving ends of most Western influence and in the last 10 years, there is an increase in the financial resolve to gain some position in the world and perhaps influence the world markets in some extent – until perhaps the return of the Global pacesetters. 

The risk level is medium (2) Saving Funds – Direct Investment, Abu Dhabi investment Authority, China Investment Corporation (China), China Investment Fund (China), Government Pension Fund Global (Norway), Government of Singapore Investment Corporation (Singapore), all have a yes Direct Investment Fund Categories, and non-Direct investment.

It is common essence that the expansion period of the BRIC is well stated with some characteristic as I mentioned – that these are not automatic capital economies, these are cultural and political entities that are in transition hence known for privatization scheme and the invariant commissionaire from Sovereign economic wealth and been stated and perhaps the squeeze leads elsewhere, this is perhaps like what we have seen from all correction with influential economic changes. 

Now perhaps as the year so early draws to an end, a light for struggling economies appears and MINTS; Mexico, Indonesia, Nigeria, Turkey and South Africa - more like MINS without Turkey whose international is heavily edited, will compare its chances against the world most formidable market structure – MINES to assail – the said partners with Egypt as opposed to Turkey.

Turkey festers on Europe of later light, it dulls its meaning in Europe properly defined by debt and accretion to stability pact, may yet find better meaning under the canopy of the MINTS as with Mint. 

In the prosperity of the new few months with Europe showing expected signs of health and U.S still tip-toeing on their record breaking low interest rate, these nations can try their hands in the world. 

Of course there are more prosperous economic vintage such as Korea and perhaps Germany, but these markets are not missing in its parity in the world and cannot be said to be outside the economic factor that determine the wealth of nations no less Canada no less Mexico with BRIC to alter. 

Champions of Regional economies in the world may not miss the importance certain areas of world markets, especially in West Africa which since Ghana's vaunted economic revolution and new reality for Nigerians in the last years; the poor ship industries and ship hitting the shores, poor navigation technology saving carrions ship and carracks of despoil venturing West African corridors, under used and under developed market and economic structure, poor school systems and threatening academic environment, poor hospitals that needs attention and the growing issue of housing in all levels, that country with high consumptive energy can at least offload its pressure in doing what nations can and should do in term like this. 

At the presiding economic conditions, there is only one way to accommodate the rate of expansion in the world with respect a specific country in the world is long term austerity with versions of spending that may not be easily acceptable. Abu Dhabi investment, policy mandate – invest funds on ‘behalf of the government of the Emirate of Abu Dhabi’, long-term v risk and V, high 8.10% (1) Developed equities 3.5 – 4.5%, M.E equities 10 – 20%, Small Cap  1 – 5 %, Government bonds;  10 – 20 %, Credit 5 – 10%, Alternative 5 -10%, Private equity 2 – 8%, Infrastructure 1 – 3% (2012).

(3) Risk Contingent Funds; Savings Funds – China Investment Fund, Government Pension Fund Global, China Investment Corporation (China), Yes, Government of Singapore Investment Corporation – (Singapore) – Yes.  U.S Market funds, Alaska permanent Fund - (USA) – (Long term), Korea investment Corporation – (South Korea) (Long – term) (Yes), New Mexico State Investment Council and USA. 

Government Pension Funds/Direct investment and Investment profile of Selected SWFs, Domestic equity, 51%, International equity – 10%, private equity; 6%, Hedge funds; 40% (Sources, Castelli, Scacciavillani: 2012) It may be appropriate to tinker through the Nigerian economic problems along the corridors of United State with respect to world markets and what is happening in different parts of the world. The unlisted section are mean and ways to begin to corner some of the matchesm

Solution A----Regional Requirement---Regional Reserve Bank (System)

System Requirement for the Nigerian Sovereign Wealth Fund Investment and A System Requirement A covers the basis of the jurisprudence.

The basis of existence and the limits of the actions by the federal government and the Regulation Requirement, Constitution of the Reserve Requirement as opposed to other foreign U.S Reserve Regulation A that cover marginal revenue and market rate investment groups, especially Insurance and International Corporation of business interest.

 These are mostly savings funds which directly invest in specific growth economies in the world, unlike SWFs, that narrow some of their investment to buying into pre-existing business based on the reports and balance sheet of the companies.

Dividing two forms of Regional Banking procedure……

Dynamic System (Internal); Gold, Silver, precious metal, administrative recourse; endogenous,

Defense System Offence; (external), funds rates, interest rate, exogenous, and the administrative

procedures of Regional Reserve Bank.

Dynamic

System A, Upper Pyramid - ECA

Institutional Pool of finance and Pig Bank, Sources – Federal Sources – Source of disbursement of credit.,

System B

Members; the Constitution, Affectionate Group, Investment Society

System C

Margin Requirements for Banks, RATS System moderation (RATTS) for Banks, Interbank lending - margin

In the place of interest paying accounts, Money Market Mutual Funds, Bank Money Deposit Account,

Certificates of Deposit,

System D

PPP lending and Credit, Revenue base, Mini investor programs, SATTIRE,

System E

IRA teams, extended 401 (K), Insurance and Bank Insurance corporation, KEOGH, Margin SATTIRE (2),

SEP

System F

Investments and rate of return,  Line of defense ---- taste of liquidity, Rate of Return, and LIBOR Pursuant, Bank Stocks, test of process; transparency, test of process; administration of lending rights; equal lending rights, test of process; short term, termination of process, test of process; stress. Test of process, valuation of currency, Repurchase agreement

Defenses

 System G

 Mutual Funds for Stocks, Ginnie Maes ---open and closed stock options, externalities

System H

Treasury; Income repository; Bonds – replacement bonds, long term association, Corporate Bond, Munis…, etc

System I

Investment Funds, Growth Fund,

System J

Agencies, non-for profit organization, Community Investment Act, Saving rate, Highest Yielding Funds, Government Sponsored Organization,

System K

(U.S) National Bankers Association – pro term Nigeria, Com. West Africa, Africa. National Real Estate owners Association, Ranking, requirement for parties, Society of Investors (II), requirements for ETF, Requirement disbursement, CPI, Credit Corporation, (Dummy Variables)

System L

Hidden measure, special interest, Long term, 30 year vanilla, Loan qualification,

Offensive

System M

(Econometric) CPI, fiscal savings rate; glut, (University of Lagos)

System N

Bankers and Banking Act, CDS and denominations, International Currency Basket>dollar rate,

System O

Commercial Paper “IOU sold by corporation for day to day operating funds”

System P

Eurodollar CDs Dollar “denominated certificates sold by foreign branches of U.S banks or by foreign banks”

System Q

Treasuries bills and notes – “sold on a periodic basis by the U.S treasury and backed by the “full faith and credit” of the government, with Nigeria perhaps with primary resource pool such as the NSWIF from ECA account dominated in US or UK. The proscriptive message of Aganga towards is leadingly misappropriate

System R

Repurchase agreement – (Repos for short) buy-sell deals in which the fund buys securities with a 7 – 14 day repurchase window by seller, coupled to the crude oil prices and the repurchase membership with interest but outside the original pyramid or funds rate.

Must be performed by banks of interest with underlining interest and securities and not necessarily collateral,

Section S

(a)          MMDA, Regional Bandwidth for banks of origination, fund types, money market trophic, comparative CD rate and money market, types of fund, Certificates issued by U.S branches of foreign bank

(b)          CDs – certificates issued by U.S branches of foreign bank….chartered through the Regional

Reserve Banks

Stable money and Sound money…..

The exchange rate of this country can better enhance its business portfolio in the World Markets, if as suggested by others, that the last two '00' of its current note be denominated away from its current hiatus could accommodate new noise from US Crude Oil markets or trade partners to Nigerian Interest rate.

Since the expensive the Naira is a currency that suffers in neglect due to competing attention and currencies in the world, it does help itself by sticking the policy of a floating currency.

There are several countries that seek to regulate their currency and many of these countries are considered Developing Countries including a few of the BRIC nation.