Citizens for Strength & Security

Nov 17 2015

How to find decent asset management software?


asset manage

Asset management software is specially tailored software that makes most of your business processes go easier, faster and what is more important cheaper. Some companies or small family firms with little departments and staff can go for such software to make the risk management potential and optimal enough. But the point is how to find decent asset management software? Is there a good tactic for it or we only need to rely on luck? Of course, no! There are tips and pieces of advice you can entrust and eventually choose the best asset management software for you and your company!

Determination and recommendation are top approaches!

When you want to establish some more professional and automated business management, getting asset management software should be always conducted to your personal needs. In some cases small companies just do not need too complicated software products, because they just don`t have so much work to do. Know that these software products are either paid or free. And if your firm is small enough to afford a free product,

Oct 1 2015

The Rating Agencies: Are They Doomed?


financial-economics

The rating agencies have an interesting and distinguished history. I first focused on them when working for the Chicago Mercantile Exchange. We needed the permission of Standard and Poors Corporation to use their stock index to price our futures contract when it settled. Looking back at S&P’s decision to go forward, it represented a watershed moment for the agencies.

What they did before that moment was judge the quality of corporate bonds. As we learned at dinner on the night that agency/exchange agreement was signed, that was a process that called for more than the manipulation of numerical data. Interviews with Chief Executives that called the character of these executives into question could affect ratings negatively. There was human judgment involved.

How dramatically their role has changed in the 25+ years since S&P decided to set a price with the simple release of a number produced by a computer! Today, the release of numbers generated by computers has become the principle business of the rating agencies. A major reason for this development was the enormous increase in the number of securities the agencies have been asked to rate,

Aug 15 2008

The Best Laid Economic Plans Part II: Barack Obama


615px-President_Barack_Obama

Before you delve into this article, I wanted to make one thing clear about this issue, and it’s very important that everyone understand this. What we are talking about here, when you boil it down, are proposals for economic reform bills to be passed in Congress. It’s important to remember that the President has no authority to write law. As Jon Stewart wrote in “America: A Citizens Guide to Inaction“, “Though the President is very powerful, He cannot make laws. The president can suggest laws. The President can call individual congressmen and threaten, beg, and cajole them to make laws. The President can use the bully pulpit and appeal directly to the people to ask congress to make laws. The President can promise that if these congressmen pass the laws the President likes, he will make them a delicious sandwich. The President can hold his breath and pound his fist and threaten to run away, but the President cannot make laws. The President can observe a vexing situation that seems to run counter to common sense,

Aug 12 2008

The Best Laid Economic Plans Part I: John McCain


John_McCain_official_photo

This two part series is meant to delve in to the finer points of the candidates’ economic plans. It may get a bit boring, but it’s meant to be more of a reference than an article. If there are inaccuracies that you find, please send concerns to nextgenpolitics@gmail.com Subject line: McCain Economic Plan. It is my goal to be as accurate as possible.

(Before you delve into this article, I wanted to make one thing clear about this issue, and it’s very important that everyone understand this. What we are talking about here, when you boil it down, are proposals for economic reform bills to be passed in Congress. It’s important to remember that the President has no authority to write law. As Jon Stewart wrote in “America: A citizens guide to inaction“, “Though the President is very powerful, He cannot make laws. The president can suggest laws. The President can call individual congressmen and threaten, beg, and cajole them to make laws. The President can use the bully pulpit and appeal directly to the people to ask congress to make laws.

Aug 4 2008

Obama’s Change Of Heart


obamaObama today unveiled his new energy plan. While reversing himself on “limited new offshore drilling” and tapping the nation’s emergency oil stockpile, he also has called for a policy that provides $1,000 energy rebates and invests in renewable energy. A move that is sure to recieve both cheers and jeers.

In a speech in Michigan, Obama also endorsed long-term work on hybrid cars and renewable energy sources. In his speech Obama stated, “Breaking our oil addiction is one of the greatest challenges our generation will ever face, It will take nothing less than a complete transformation of our economy,”

Obama has called for the release of 70 million barrels of oil from the emergency oil stockpile, and has stated that releasing oil for the stockpile has, in the past, lowered gas prices within two weeks.

The reserve contains 707 million barrels of oil and was last tapped in 2005 after Hurricane Katrina. The reserve is capable of releasing approximately 4 million barrels of oil per day,