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
  • Sources say the ECB is considering purchases of Italian and Spanish sovereign paper on a massive scale. Such a move would be a significant change in policy, turning the ECB into a Fed-like lender of last resort, and taking lead responsibility for fighting the crisis away from the EU governments.  [View news story]
    Something about compulsion in building empires based on the symbolism of a predator, the eagle. Same cultish excuse to murder and steal property in the name of a pyramid (3D) when man is firmly beginning to explore the 4th dimension and close to clinical immortality. Until then, your predator, prey or just trying to get the hell out of the way.

    Monetary union without political union will always fail. Sideline the people and commit mass suicide. But all elites feel 'they are different' throughout history. I have some solutions to possibly extend the shelf life of a Republic but frankly, it is a waste of time until man is rebuilding from the rubble and boy will there be a lot of it this time. See you on the other side in 2021.
    Aug 7, 2011. 09:17 PM | 2 Likes Like |Link to Comment
  • Sources say the ECB is considering purchases of Italian and Spanish sovereign paper on a massive scale. Such a move would be a significant change in policy, turning the ECB into a Fed-like lender of last resort, and taking lead responsibility for fighting the crisis away from the EU governments.  [View news story]
    Nah, no worries there just wont be any supply chains and in the mass die off guys like Paris will never be found. The irony is that France and Germany are probably two of the most dangerous places in the world for what is going down.

    I always thought American in Paris was a total dickhead. I probably have said such a phrase publically toward an individual four times in my entire life so I really, really think this guys a dickhead.
    Aug 7, 2011. 08:55 PM | 2 Likes Like |Link to Comment
  • Tim Geithner has informed the president of his intention to stay on as Treasury Secretary. As the only remaining member of Obama's original senior economic team in a very difficult period, it raises the question whether he is staying because he wants to - or because no one else can be found for the job.  [View news story]
    Few know the name. Your reference for audience consumption is as follows: Mead formed the CIA out of the OSS after WW2. The CIA's model was fashioned after Edward Berneys and Ghoebbels. I know people that help established the U.N. that knew Mead personally. They tell me she was trying to reform some of the dirty nature of the CIA. Well, if that is true she failed miserably.

    Bottom line: People pay politicians to lie to them so the people can refuse to look in the mirror as a long as possible. Modern communications in its present form is one huge mirror. The age of secrets is coming to a close.

    The last three hundred years TPTB financeers went from making sure they were the first source of knowledge and using spin to directly choosing the narrative. I view the former as a form of fair
    competition (but devolved from where mankind could be) to the latter which is pushing mankind off the evolutionary cliff without a parachute. Such are cupable and also foolish thinking somehow they alone will avoid collectivist fate of previous choices made.

    Evolution is a real bitch.
    Aug 7, 2011. 08:49 PM | 1 Like Like |Link to Comment
  • The Great Hedge Fund De-Levering Event Has Arrived [View article]
    Corps lobbying will start flowing toward organic growth now that the leverage game has run its course. However, these are now dangerous times. Speaking out to remove the corruption will be costly in blood and treasure.

    But it will happen. The next decade long struggle is going to be a real bitch. The next high time is worth surviving for. Show leadership gentlemen at the local level. That is how the American economy will ultimately be rebuilt.
    Aug 4, 2011. 07:07 PM | 2 Likes Like |Link to Comment
  • Italian prosecutors confirm an investigation of Moody's and S&P, saying recent moves by the agencies are a "failure" of judgement about Italy's finances. Investigators have seized documents from the offices of both firms, with 3 Moody's analysts and 1 S&P analyst being the focus of the probe.  [View news story]
    Blame shifting. The international leadership WITH the CFR/Tri-Lats all in on the Bezzle. Banking became a method of wealth extraction rather than supporting fiscal revenue generation.

    All will pay a price and I do mean ALL, not just the little guy. Say hi to a repeat of the latter parts of the 1930's and WW2. This time it won't be a hundred million dead as entire nations became bagholders and went to war. Try 2 B this time at those ratios of casualties to population the remaining will be asking lots of questions. A shane for some of you they don't have a moon-base to flee to. It is a small world.

    The silver lining is man will yet evolve again. Best of luck this coming decade. Some of us have been working on loss mitigation. A noble and very interesting bitter-sweet adventure.
    Aug 4, 2011. 03:22 PM | 1 Like Like |Link to Comment
  • Can Treasury Just Go Overdrawn at the Fed? [View article]
    Great comment Cautious. People only do things for one of two reasons:

    1) The opportunity to benefit
    2) The fear of loss

    This often translates into government carrot or stick approach.

    Frankly, the last forty years has been an increasing fear based society. The myriads of regulations on small and medium sized business has the obvious effect of reducing domestic investment.

    But charting does not always take into account the anxiety of having to deal with multiple government agencies at the local, state and federal level.

    As an American business owner I see capital over leveraged now, "over there" with government insiders providing subsidy and lining their own pockets while Americans have their balls rubbed by TSA agents.

    When the leadership seems fine with the West becoming the new 'Iron Curtain" region the people will learn what those in the East did. Stop producing because their is no opportunity to benefit.

    In all the deficit hoopla, no one ever mentions why Americans cannot pay for a former quality of life and the reason is the tax base has been structurally damaged by outsourcing. My question is if the U.S. is not going to focus on revenue why should it continue subsidizing foreign investment? People should invest wherever they want, just stop taxing the American citizenship to keep paying for it.
    Jul 27, 2011. 11:33 AM | 1 Like Like |Link to Comment
  • Are We Headed for a Second Recession? [View article]
    I agree with your comment. The bubbles of the 1990's and early 2000's were not sustainable. But they did raise the expectation level of the population. The easy times are over. \

    The youth making $10 an hour as a couple are far more optimistic about life than Gen X or Boomers.

    The U.S. needs to go protectionist now and focus on energy R&D, cut military expenditures. The American people are not getting full value in supporting an empire that benefits the few.
    Jul 27, 2011. 11:18 AM | Likes Like |Link to Comment
  • Facebook Video Chat: How Do Microsoft Investors Feel About Skype Acquisition Now? [View article]
    The technology isn't being levered into niche market opportunities. Nuff said.
    Jul 18, 2011. 01:28 PM | Likes Like |Link to Comment
  • The Real Reason Netflix Is Raising Prices [View article]
    For me as a subscriber, I will stay if Netflix has more downloadable movies.

    When I first subscribed two years ago 3/4 of all listings were downloadable and that ratio flipped-flop since. It seemed their strategy was to push more DVD-based subscriptions but now are having second thoughts.

    If they allow more downloads again making it 100% streamable I wouldn't mind the rate increase.

    I doubt the study will be correct on 40% drop on subscriptions on any event and no, I don't own Netflix.
    Jul 15, 2011. 11:16 AM | Likes Like |Link to Comment
  • When Will the Next Black Monday Occur? [View article]
    Thank you for the reply back One Eyed. Salient commentary. Good catch on where liquidity is going I appreciate the correction on the China vs. Europe details.

    What was the total of the liquidity/rescue for Europe? Wasn't it revealed last month to be in the order of $500B?
    Jul 15, 2011. 10:43 AM | Likes Like |Link to Comment
  • When Will the Next Black Monday Occur? [View article]
    I enjoyed the piece especially the human nature/political science element of it. However, I believe a couple of questions are in order in regards to speculation of timing on a crash.

    So the general thesis of the Author is that as long as the liquidity spigot continues there will be no crash?

    What about where liquidity is going (China) and how much corporate revenues are earned there vs. here impacting potential earnings? Has growth topped in China? Trade imbalance factored in?

    Some food for thought. I saw the comment quoting Robert Ringer. I met the man and read his books. He is probably the most educated individual on human nature I have ever met.
    Jul 14, 2011. 03:57 PM | Likes Like |Link to Comment
  • Economic Policies Are Flabbergasting [View article]
    Yep. 40 years of an ever growing fear based society. We in the U.S. have a softer approach to Stalin's Gulag's.

    Here, when you can't find a job that pays the bills people turn to the black market, go to prison and are forced to work for .20 cents an hour. Just enough to pay for an hour of talk time with the lonely family.

    If we continue on this path like Russia and history rythmes, the very enforcers that are the direct arm of oppression turn on their masters. For eventually, every family has someone oppressed.

    Sad state of affairs.
    Jul 13, 2011. 09:53 AM | Likes Like |Link to Comment
  • Economic Policies Are Flabbergasting [View article]
    Thank you for the reply Lakeaffect. I believe you and your spouse were wise. One must consider quality of life. I love being a competitor but when government gets in the ring with the heavyweight champ against a middleweight, the outcome of the fight is guaranteed.

    I see someone below me started talking about taxation. The 1990's were littered with State and Federal indirect tax vehicle policies. Such created additional moral hazards in the practice of law damaging the social fabric of the country.

    The subsidies for the heavyweights must get cut if all they are going to do is park money. Until the small are deregulated, the downward spiral will continue. In the end, the understanding or human nature and cycles of boom/bust is useful, but models be it banking or political systems that exacerbate the natural pocesses of centralization and decentralization should go. Mankind should not have such a focus on profiting from our species failings of tribe building. Perhaps I am a dreamer.
    Jul 13, 2011. 09:34 AM | 1 Like Like |Link to Comment
  • Economic Policies Are Flabbergasting [View article]
    I feel your pain inflation trader. Shows me what class of wealth your in. The middle class. Because I have a new quote for our century; a new descriptor of our species cyclical nature of greed, hubris and suffering. Ready?

    "Empires over expand then sharply contract. When they do, the rich escape taxation, the poor have nothing to tax and it is the middle class that bears the taxation brunt of the upper class misadventures."

    Of course the poor get to enlist and get killed in these kinds of times so perhaps we should not feel so bad about it.

    Make sure you have nothing extra to tax and spend your free time rediscovering some other interests in life.

    Store wealth in non-tangibles if possible.

    I dunno, maybe since the global leadership thought it would be hunky-dori to have a bi-furcated two tiered society like Russia and China maybe we should all start acting like them and forget about productivity.
    Jul 12, 2011. 04:59 PM | 5 Likes Like |Link to Comment
  • America the Jobless Ghost Ship Sails Onward [View article]
    Exactly Rookie.
    Jul 8, 2011. 06:48 PM | Likes Like |Link to Comment