Seeking Alpha

Jason Rines (iThinkBig)

Jason Rines (iThinkBig)
Send Message
View as an RSS Feed
View Jason Rines (iThinkBig)'s Comments BY TICKER:
Latest  |  Highest rated
  • "The solution to too much debt is not more debt," says Jim Rogers, opining on the Spanish bailout. "The way the system is supposed to work - when you fail you fail - competent people come in and take over assets ... it's absurd economics, absurd morality."  [View news story]
    Reaping rewards for success or pain for failure is the definition of Capitalism. However, it is human nature for patronage to occur. The patrons are U.S. government and their clientele is the banking system. Change happens when the poltical class actually needs the voters to win an election.

    A lot of pain between now and then will continue. Then a couple more years from then to finish clearing the excesses of the last decade. I believe it will be 2018 before we see some daylight, till then more stagflation.
    Jun 11, 2012. 03:12 PM | 1 Like Like |Link to Comment
  • Resolving The Crisis: Remembering What Makes Us Great [View article]
    Correct. The break down of the rule of law is very noticeable and damages confidence. Oh, think I'll write the IRS for ANOTHER bogus claim on form 941 that my taxes were files innapropriately. Last year, it was explaining in writing why I didn't have to pay $1,300 for businesses that produced no income.

    Defending two court claims, one where my right to jury trial was rescinded. Let's see what else. I would say defending claims of income is 1/4 of my day every day now.

    And if you think that doesn't damage confidence or "they have to" well. I don't have to do shit.

    Thinking of becoming a line cook at $10 for twenty hours a week, renting a room, playing X-Box all day getting high, sell a few dimes bags, less risk than U.S. government or courts supporting corporate crooks and exmployees.

    It beats working 50-60 hrs a week. Standing in defiance can be done and I am proud of doing it, but that can be the next guys job, ya know the one trying to rob me. Restoring the rule of law will be first when it comes to necessities and there will have to be a lot more former business owner line cooks willing to tune in and check out first. But the cries of injustice are reaching crescendo.

    I stand behind an old forecast from 2008 that 2013 will be the start of the next tepid bull. There is going to be a heck of a lot of court cleanup as headwinds that year or maybe the job is too big and we get the start of WWIII in the ME followed by Asia in 2015 after.
    Feb 7, 2012. 09:01 AM | 2 Likes Like |Link to Comment
  • Natural Gas To Become World's No. 2 Overall Fuel Source [View article]
    I will look to go into nat gas in Q3 of 2012. There isn't sufficient political muscle to approve a larger scale infrastructure conversion and distribution plan (like Pikens) until 2013. I expect military misadventure in 2013. Happy Holidays to you as well Scooter AZ.
    Dec 9, 2011. 10:17 AM | 1 Like Like |Link to Comment
  • Natural Gas To Become World's No. 2 Overall Fuel Source [View article]
    I'll check that out. Thumbs up.
    Dec 9, 2011. 12:35 AM | Likes Like |Link to Comment
  • How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
    Seasmitten, the US real problem was demographic imbalance. Not going to blame the WWII generation for their successes in extending longevity or other areas of quality of life. The Boomers were the 'generation lost in space'.

    Either way, WWII Gen is near gone and in a decade, there will be major labor shortages as the Boomers retire. And don't give me this crap about how people will work at Taco Bell 40 hours a week at 80 either. Most Western countries are in this boat of demographic imbalance, China not far behind.

    That doesn't mean those of us whom will still be here in a decade don't have some serious work cut out ahead in reform but revolution is not part of my plan. The demographic imbalance rights itself NATURALLY. Voting blocs, gulp - vote their own interests, amazing isn't it?

    It was a damn shame Washington D.C. listened so much to Alan Greenspan in the 1990's in how to deal with savings gluts created by demographic imbalance.
    Dec 1, 2011. 03:58 PM | Likes Like |Link to Comment
  • How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
    SurfnSpy. Command economies create radicalism. It is inevitable. I happen to like ZH and see some improvements in the comment area toward solutions outside of just "hang the bankers".

    I also read the dry command economy type stuff such as B.I.S. content.
    Dec 1, 2011. 03:31 PM | Likes Like |Link to Comment
  • How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
    Bio, I really admire your can-do attitude, especially about start-ups.

    In a barbell, command-controlled economy, open all the lemonade stands you want! But don't think you won't get crushed the minute you try and open a bottling manufacturer for that lemonade if you aren't connected politically.

    That my friend is called Fascism. Fascism scales very rapidly by pulling forward demand until outright insolvency, it destroys the society while externalizing onto other societies, ending in major military misadventure.

    The Central Bank model is a 3d pyramid. Once America allowed it in to stay it destroyed our 4d branch government. Now we have come full circle back to Monarchy, the King George or the Pharoah.

    It always comes down to this - If government wants to charge top dollar for government services it had better deliver top dollar services. It had damn well better be acting as a policeman of commerce instead of looting it.

    There is merit in what you said about moving, some States don't screw with you as much. I moved from New Hampshire to Maine.

    Unless one lived in NH from 1996 to current, you would have no idea of the police state monster that got created. It was a petri dish experiment of using indirect tax policy (if your a man and have a job, you got to be massively discriminated against and taxed). NH proved to me your better off with an income tax than a police state.

    But in general I believe governments should be taxing consumption, not labor. Doing otherwise eventually creates mass casualty environments...

    Dec 1, 2011. 03:25 PM | 1 Like Like |Link to Comment
  • How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
    It depends if Mexico has enough wealth to get into the vote buying business.
    Dec 1, 2011. 02:48 PM | Likes Like |Link to Comment
  • How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
    That last part of your commentary I agree with Martin if we are factoring in free time and overall quality of life from that position. Vote buying has been another huge issue.

    Abegaz, I appreciate what you were trying to convey about appreciating our blessing. However, if America does get to the point of Gaza, I will no longer be interested in Seeking Alpha and building wealth in markets. I will be reading Warlord Times and deciding how to exact total retaliation on magistrate and his entire family for making one of mine dissapear. Did any of your friends go to Israel and work? If so, was the pay $2 per day?

    The issue is that America had four branches of government. A 4d model that outperformed everything on earth and now we could build a 5d one but NO! So coming from that ability to being forced into Pharoah's pyramid the people here DO have a lot to complain about.

    And I work 60 hours a week for seven years no vacation so that my Mom and a couple of Middle Class close friends have enough to eat and a roof, because up here in the Northeast, half the people can't afford the fuel cost to make it through the winter. The lack of opportunity to benefit FAIRLY and compete turns people of any nation into barbarians.
    Nov 22, 2011. 04:28 PM | 2 Likes Like |Link to Comment
  • How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
    I am upper middle class. I store wealth in income producing ventures. They are now purposely small as government agents and employees worked together to attempt to steal from me repeatedly and over long durations using indirect tax vehicle policies (encouraging frivilous lawsuits for State revenue).

    Oh and forget intellectual properties rights! Ha, that is for Google and MSN not anybody else. America has become a giant Fascist cesspool of monopolies. The choices of how to operate in the economic barbell of Fascism are somewhat limited if one has a family. Social mobility is very bad. If single, leaving is probably appealing. I will stay because I like certain forms of adventure and get bored very easily. I am sure the risks will be huge but it will be interesting!

    It does not pay to show a couple of million in gross revenues or let any employee see any dealing with people in the upstream. At that point your nothing but a target. Yep, that sounds third world but perhaps it is a shame that if we are then I don't get to be like in Russia and take a bat to a couple of criminals and get a few dollar fine so at least anarchial justice can be applied. There is no law, it is law of the jungle unless your at the top so it shouldn't be a surprise to hear that middle class people are considering, errr less civilized manners of attaining justice. I guess we'll finish getting there so perhaps I should stop worrying.
    :(

    Mike, I don't know your class status but most of my friends are middle class. They cannot afford to live, start families or send kids to college. The last decade was hugely inflationary and let's face it, the debt issuance was to mask the continuing hollowing out of America. I have mentioned the middle class is ready to snap.

    Been There Done That: You are wrong, the middle class are nearly ALWAYS the group to start revolutions, although I suppose one has to now factor in CIA, FSB and other covert operations in the 20th and 21st Century.

    TonyP4: I think we're mainly in agreement. The Dragon and Eagle will do a lot more trade long-term. Short-term American and China are like a decent marriage but boy do the spats get ugly! For cultures, America is best at innovation and China best at distribution.

    Hu Jintao has been wise to keep his travel expenditures reasonable compared to the rest of the lot of global leaders. It shows respect to not waste the people's money. One can be very comfortable with all ammenities without being opulent.
    Nov 22, 2011. 04:13 PM | 8 Likes Like |Link to Comment
  • How The U.S. Is Quickly Becoming A Third World Country (Part 1) [View article]
    Hey Long Enough Timeline, don't you feel it is bizarre to have to go to Russia Times to get news going on about our own country about economics?

    I remember working with Russian coders in 1998/1999 during the LTCM/final Rouble devaluation.

    They couldn't work certain hours because of energy rationing, four dudes would all be living in a one bedroom making $100 a day between them. I felt awful for them but THAT is EXACTLY what is happening to the U.S.

    Ironic that it was American financiers like Robert Rubin and Larry Summers, Tim Geithner and of course don't forget the Central Bankers that 'helped' the Russian Oligarchs finish asset stripping their people in the 1990's. Russia is two-tiered mafia society. The top and bottom generally know better to not intrude on each others rackets. OR ELSE. Not very conducive to capital formation, at least not in any kind of scale.

    Like the Soviets, we may as well at this point start thinking about what we call America 2.0. Because either half the promises made to the people have to be broken or we hyperinflate. Either method ends the United States as we know it. I am aware that the last decade the United States has already devalued to what would another 30% add to energy or food costs? Most middle class people I know far underwater and can barely keep a conversation these days without snapping.

    What happened to the United States. Let's talk about that shall we? Mandraking East or what was called 'Ping-Pong' strategy by Central Banking was first launched in 1971, sponsored by Kissinger and Tricky Dick.

    The acceleration of Ping-Pong in the 1990's toward a new China peg, using Russian security and EU trade bloc means the global rulership (which are financiers with no national loyalty) will finish their triangulation against America. Because over the next two or three years these countries have learned from the history prior to WWII about bond games and lack of basic commodities.

    A shame the financiers have made sure this trade bloc totally hate America. This will backfire on the entire globe.

    The EU, Russian, Chinese bloc does not intent to compete against America in any way considered 'healthy competition'. I cannot blame them for some of their hedging or mercantalist planning for afterall, all nations are opportunists.

    I do hope we all realize that trade will want to be renormalized someday even if it takes a decade to get there. A global Monarchy in pyramid form cannot sustain the needs of 6B people. Things are going to change quickly from the start of 2013 in geopolitics.

    Alan Greenspan and Bill 'I'll sell the nation out for campaign contributions' Clinton did not consider the length of harmonization required to have short trade gaps between West and East. Instead, monster hole sized problems in America and China have opened up which will guarantee the break-down of supply chains. Both nations rulers are responsible for this.

    Also, not all MENA countries nor Israel itself is pleased with having Chinese/Russo alliance as new security detail for the Chinese global reserve currency.

    Remember, whatever country is the peg gets global security policeman job. Globally, the gaps of not being able to EVER be able to afford to start a family means serious civil unrest and revolutions. Such will quickly be redirected into uncontained world war. Neither the global financiers or countries such as Russia, China or even the U.S.A. planners give two shits if you all die the coming decade. You had better keep this in mind if you intent to survive and prosper...

    About the financiers and the pyramid of Monarchy of 666/999 (the numbers indicate geometry, depth of the model. I thought we figured out square roots in models a long time ago, but I digress..

    Back in the 1990's a famous quote by Clinton (originally spouted by of course by Central Banking financiers) was that Americans have too much freedom.

    Now I don't blame Clinton for all the ills of the country, no more than Bush or Obama.

    But such Presidents have sold the country out to foreign lobby to force devolution of America from a 4d government to a 3d pyramid Monarchy. Mankind should be building a 4d-5d government right now (five branch government). Check out the level mankind is operating on using physics and topography, this one is awsome to read and it is one page: http://bit.ly/t8PqY9

    Supposedly the entire world will just forget the Internet and anything ever learned about how this world really works? It will forget about any opportunity to benefit and just gently devolve with no growth potential as one giant feudal family? Good luck with that line of thinking!

    Also, good luck to rulers that believe that Malthusian solutions will not be fully visited on themselves. Screw you pricks. If you loathe yourselves and the rest of you're species tune out now and exit.

    There are so many biological, chemical agents around the rulers will wind up in a bunker which the people will simply cover with 100 feet of concrete and call it a day. Each national leader must now choose wisely in how citizenships are integrated into the political process or not. If not, expect a lot of enemies and ones that linger for lifetime.

    There will be an entire world to be rebuilt so I am long energy over the next decade, reviewing regional opportunities now and doing it company specific. After ten years, commodities for the next twenty years from 2021 on will be in massive demand. The world will need to be rebuilt and don't think any major country will be spared from widespread carnage.

    Good luck to all and God bless - I wish no people any pain or hurt. Show leadership gentlemen, at your local level if nothing else.
    Nov 22, 2011. 12:24 PM | 20 Likes Like |Link to Comment
  • For Occupy Wall Street, The End Of The Beginning [View article]
    You are incorrect. The last thing a pyramid society needs is a Pharoah. This is how societies become pyramids and how 'wedge' issues are pushed down from the top. Those at the top of the pyramid are conceptual level thinkers:

    http://bit.ly/vBKwMU

    So to rebuild a society, the concepts of a Republic such as Truth, Freedom, Justice and Integrity are focused in on first. You don't want a strong-man. The second piece of the puzzle is the formation of the government model. As we are operating in 4d-5d that means you want a five branch government model.

    On the detail level of a plan a group would fund and establish independent media that represents 100% and then let all the Fascists draw fire onto it which swells the membership needed to continue to operate and form a defensive barriers around the business. Digital Publishing is wide open as a market, the ISP-driven templates and functions do not relate whatsoever to people over 50 and guess who has the money to fund other forms of activism? It isn't the under 50 crowd...
    Nov 17, 2011. 02:00 PM | Likes Like |Link to Comment
  • For Occupy Wall Street, The End Of The Beginning [View article]
    Pursuing energy independence for job creation and seperating out commerical and investing banking would raise confidence and these two items would be a good starting point in restructuring the country.

    America badly needs an energy and industrial policy. These things are happening but are being doled out far too slowly. Fascism is strangling the country into oblivion. Corruption is a huge obstacle.

    The brand known as Uncle Sam is losing the varnish. Since the majority of promises the last thirty years have to be broken and in a big way, we should all consider what we want to call America 2.0 and what form of government shall be implemented.

    666 or 999 pyramid formation (think geometry lessons for the numeric depth of the model) is the government of monarchy, not conducive to any form of free markets - Capital has started to flee from monarchy and unfortunately, it had been a drought for most of the population in the last decade already.

    Growth is an evolutionary trait. Attempting linear solutions as what was decided by the 1990's to prevent evolution creates a paradox. If you want to see what the global financial system actually looks like using math and physics, check this short article with images out: http://bit.ly/t9ENgZ . It is amazing.

    What it says is mankind is operating between a 4d and 5d model.

    Then why is leadership purposely choosing a 3d model to rule like Pharoah instead of lead? This creates a binary problem.

    The solutions for a dynamic government which can be coded between a 4d-5d model. Have banking become the 5th branch of government. They could use the four other branches to understand and check the leverage games.

    But those at the top of the pyramid believe themselves god but are nothing but bad temple priests that were supposed to lead you into the promised land. Instead, they entered themselves and told you to rot for forty years in the desert. I realize this situation is not sustainable one iota and certainly not for even five more years, never mind forty...
    Nov 17, 2011. 09:56 AM | 2 Likes Like |Link to Comment
  • The World Has Too Many Traders [View article]
    It is the tail end of the cycle for traders. The time to considering becoming one and having much higher odds than normal to win at the casino was 2007 and will end in 2013, the likeliest last year of major volatility.

    I considered being a trader back in 2008 but I was already vested in Healthcare, Higher Ed and Digital Publishing as organic investments. My brother trades currencies and we talk often about the various countries, central banks etc. He thinks I am insane I am not doing it. But my plans are long-term, social media supporting industrial production. I experience short-term pain for long-term gain.

    I have no problem with the traders. The people are always bigger than any government and what is going on now is going to change whether one wishes it to or not.
    Sep 30, 2011. 10:31 AM | Likes Like |Link to Comment
  • The Federal Reserve Bank of New York is seeking bids for software to monitor what's being said about it on social media such as Facebook and Twitter. If the sensitive types at the Fed were monitoring reaction to the move, it would find commentary less than flattering - much of it of the Big Brother variety.  [View news story]
    Allow me to evaluate the RFP and Alternative Media response:

    The RFP

    1) Ben Bernanke knows what he is. A banker. Bankers don't really do fiscal policy. They do monetary policy.

    If I boil it down even simpler, bankers make loans. They loath dealing with details of how it is deployed.

    2) IB's became gamblers themselves once the decision was made to keep rates low and devalue the currency. Speculating on commodities especially oil where the PD's lined up at Fed Discount window is a form of recapitalizing the banks. So PD's have deviated from the basic mechanics of VC for at least the last decade.

    3) Congress fully abdicated its fiscal responsibility role to the Federal Reserve long ago.

    Conclusions: There are no skilled leadership with fiscal policy put in place to rapidly begin building a production based economy.

    The RFP is a request to build a Marketing Intelligence System (MIS). The language used in the RFP refer to a digital dashboard and database triggered events. These terms are known by the few technology managers that build MIS. I know exactly what he wants to build and why.

    The why is to detect and determine the scope of underutilized value in labor and capital structures to be deployed in a return to a Save and Invest economy. SOMEONE needs to start SOMEWHERE on research and government is best left to the 'R' part of R&D.

    By the way, I already built this kind of a system. Three years ago in fact and it is live and operational. Begging for funds was a real problem in this LOG environment but I kept bootsrapping it forward. Isn't the fact that our entire nation more than a decade plus far removed from an industrial, energy, infrastructure problem alarming enough?

    The Media Reaction

    Alternative media completely missed the intent of the RFP. Here is why they were wrong:

    1) Delivering an RFP to the open market is a free-market decision by the FOMC. The FOMC have plenty of insider techies to build this kind of system. This was an anti-Fascist statement to release the RFP to the public. Bravo!

    2) The FOMC can get whatever information on any citizen it wants at any time covertly. One because they see almost every transaction conducted on earth and two because they could just ring the SAIC that analyzes the data coming from projects Echelon and Carnivore both which were built to clandestinely spy on every person on earth. These two systems were built between 1994-2000.

    3) This reaction of giving no leader any chance to do anything constructive is indicative of the social contract being torn to shreds along with the rule of law and the duration this break-down has not been properly addressed, not even from a PR perspective, nevermind returning to legal framework in banking that protects the public. If in 2008 we all tasted the hangover from the big global debt binge, you wouldn't be seeing serious social unrest at Liberty Square. But since the party kept going for the leaders only, it highlighted and amplified the class warfare of us and them.

    Conclusions: Interfacing with the people you lead is not just a good idea it is critical to maintaining a society that can always continue growth and provide returns/stability no matter the burps. Acting as a 'ruler' only gets you killed in the end, history never changes. The Central Bank model will evolve. I do believe Chairman Bernanke is trying to do what is right with building this system. Same as his conducting SOHO surveys that normally would fall well outside the Feds real mandate which are managing interest rates.

    PS: I own alternative media. I crucify decisions based on flawed business models and outright sociopathic cruelty, but I also must be fair if I really actually care about the 1st Amendment and defend the slam against this project by the Fed as I consider it sound. This time was different for so many reasons, the Central Bank model will evolve much more than just an MIS by the time sanity returns to mankind. I wager it will look far more utilitarian and democratic no matter how much kicking and screaming happens from particular bankers along the way.
    Sep 28, 2011. 02:22 PM | 1 Like Like |Link to Comment
COMMENTS STATS
2,231 Comments
2,558 Likes