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Jason Rines (iThinkBig)

Jason Rines (iThinkBig)
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  • The pushback begins, after reports that Pres. Obama will consider cuts to Social Security and Medicare in return for revenue increases. Nancy Pelosi says Democrats won't support entitlement cuts, and the AARP screams after digesting reports that a change in the way inflation is calculated could save billions by reducing cost-of-living raises for Social Security recipients.  [View news story]
    Umm, the horse left the barn? Fund seeds, some anti-trusts, spend it or lose it cant just be for the little guy.
    Jul 7 11:29 PM | Likes Like |Link to Comment
  • Pres. Obama's "original sin" is his "failure to demand a reckoning from the moneyed interests who brought the economy down," Frank Rich asserts - a simple explanation for the current troubles but not accurate, Derek Thompson counters. "Unemployment suffers today not because of, but independent of, Wall Street's success. That is the simple, boring truth."  [View news story]
    Well put David. Best of luck to you and yours over the next decade.
    Jul 5 09:23 PM | 2 Likes Like |Link to Comment
  • Victory Laps Over Geithner's Presumed Exit [View article]
    My opinion is that Obama and the financeers were on the same page and still are, that there is no friction whatsoever.

    The only difference between Obama and cabinet members is that it is much easier for a cabinet member to resign than POTUS.
    Jul 3 01:18 PM | 2 Likes Like |Link to Comment
  • Playing the Coming Bond Market Crash [View article]
    Great currency diversification strategy Golf but if WW3 begins Panama is going to become very, very dangerous.

    I have commented here much about 2013 being a year for the start of a tepid but sustainable bull and the geopolitical wild card for recovery being the ME.

    The details you mentioned are pertinant but more so is the over all security arrangements being made in advance of the Chinese peg between 2014-2015 (smart call stockpiling Yuan now).

    The rearrangement are hastily being conducted and disorganized chaos with Israel feeling they are being thrown under the bus.

    This will exacerbate any regional conflict into something potential very, very ugly. However, if a world war starts it will begin in the Korean Peninsula in 2015 and spread outward, not being able to be contained. My forecast is we will be rebuilding much of the globe by 2021. A new high time for mankind and worth surviving for but I do not especially look forward to events in the next decade. Those with leadership qualities should be prepared to shine at the local level.

    As for myself, deciding between Costa Rica and Argentina and staying put as I do have some physical hedging for war. If I left it would be in Q1 2013 because getting out of the country after that time might be difficult afterward. Unfortunately, I have been extremely prescient in my forecasting since 2007. Use the SA search tool and type in ithinkbig and w.
    Jul 2 12:17 PM | 2 Likes Like |Link to Comment
  • Playing the Coming Bond Market Crash [View article]
    Great piece Martin! Hey JWG, this is my opinion on a bond correction as well that it will happen later than Martin forecasts and that timing would be late 2012, early 2013. Also, not discussed here on the technical analysis is the bond haircut meme being broadcast from the BIS and IMF in China, U.S. and Germany for 2013.

    Happy Independence Day!
    Jul 2 12:04 PM | 1 Like Like |Link to Comment
  • Victory Laps Over Geithner's Presumed Exit [View article]
    My point is that it is irrelevant on what we don't see within the Administration, because what we can see is more than plenty as to why the country got into this mess and where we are going over the next decade:

    1) What we can see is the flight of half of Obama's economic team. The rats are leaving the sinking ship.
    2) That the country is in a depression requiring Save & Invest economists, not Freidmanites.
    3) Knowing the direction of where we are going in the short and intermediate terms is of far more importance than the names and faces of elitist, criminals. Perhaps in 2013 we will see some meaningful political restructuring but between now and then does it really make a difference what criminal elitist replaces Geithner?
    Jul 2 10:49 AM | 4 Likes Like |Link to Comment
  • Victory Laps Over Geithner's Presumed Exit [View article]
    Maybe you're not seeing signs of social unrest? Drank
    too much Kool-Aid? The second dip is upon is right on schedule as I forecasted in 2008. Use SA search tool for ithinkbig and w. That was after 2007 forecast stating market melt would happen in Q4 of 2008 between Bejjing Olympics and POTUS elections.

    The CB model is 'never different this time. 250 years of documented charts that can be reviewed, just got to dig a bit for them. Hell, I am not even a PhD or an economist, what does this tell you about the propoganda blitz the last couple of years. Perhaps darwinism is a good thing after all. Seems all that pain doled out to the little guy spurs some of the couch to understand why.
    Jul 1 04:17 PM | 3 Likes Like |Link to Comment
  • The U.S. Monetary System and Descent Into Fascism: An Interview with Dr. Edwin Vieira [View article]
    Unless your already in the top 1% to influence influencers then it can be considered civic duty to serve your local community. Value investors know what I am speaking of.

    For others, allow me to share what latest mentor Richard Langevin taught me which to give back to your local community. I can attest doing so has provided a quality of life, a grand adventure of sorts that all the money in the world cannot provide.

    Competing and winning is fun, giving back and engaging at the local level is funner. Ever wonder why such wealthy and powerful people need to rent hookers? The best things in life are free ;)
    Jun 24 06:13 PM | 1 Like Like |Link to Comment
  • FTC launches Google antitrust inquiry [View article]
    In a Fascist society all corporate industrialists that made the Faustian deal with the devil become legitimate targets of "Render to Ceasar" policies. Hubristic CEO's get to kiss ass or be 'rendered'. The irony would be awsome if Fascism wasn't destroying our country in the first place.

    Hey, life isn't fair. Some are born with a great hand of cards and others a poor one. When government gets in the ring on the side of Clubber Lang, even Rocky Balboa doesn't stand a prayer.

    Let's call a spade a spade about the PC term of 'State-Run Capitalism. It's FASCISM. Now the Fascists are eating their own tail. Finally, the Fascists kill each other and yet another cyclical hard lesson is taught for a time.

    Here's to hoping to see you on the other side! The next high
    time for man is going to be worth surviving for.
    Jun 24 04:38 PM | 1 Like Like |Link to Comment
  • The anemic recovery is no surprise to Steve Keen, who contends the U.S. has an economy dependent on not just high, but ever-accelerating levels of private debt. In a healthy system, debt levels rise and fall, but remain roughly flat over time. The ever-upward slope of U.S. debt, like a Ponzi, must at some point collapse.  [View news story]
    The two great takeaways from all of this commentary are;
    1) That the world in most periods, operates in extremes. A pendulum.
    2) The example of the pendulum was the capital flight overseas. Congress/Union bribes exacerbated the flight. Now it is capital or the bankers far too on the other side of the pendulum. Same bad effects, perhaps a tad worse with financeers that are supra-national and hold little national loyalty.

    As for the religious debate, I'll net it out and say I have to agree with your viewpoints on Christ and money Tomas. Christ spends more time discussing the principles of sound money than love. As for me, I don't preach any more. I DO. Nothing stops us from making a better world and doing so has actually brought me interesting people with great wealth, that feel the same way.

    "Seek first the Kingdom of God and I'll add all the other things (riches) to you."

    The pyschology of Christ's teachings are powerful in practice even if an individual chooses to not accept the diety aspect of the Gospels. I decided to try it (reading the Gospels MYSELF) and applying the principles.

    Doing so has brought great adventure and a quality of life that includes real contentment. In this age of human development, in the end we all are really fighting boredom! Conquest will only be viewed as interesting for hoarding purposes against old age and decrepency until we reach clinical immortality. Mankind seems less than two centuries away from that goal.
    Jun 17 01:45 PM | Likes Like |Link to Comment
  • The anemic recovery is no surprise to Steve Keen, who contends the U.S. has an economy dependent on not just high, but ever-accelerating levels of private debt. In a healthy system, debt levels rise and fall, but remain roughly flat over time. The ever-upward slope of U.S. debt, like a Ponzi, must at some point collapse.  [View news story]
    I enjoyed the reply Surfgeezer. I actually posted back a very similar comment to Tomas above ours.
    Jun 17 12:44 PM | 1 Like Like |Link to Comment
  • The anemic recovery is no surprise to Steve Keen, who contends the U.S. has an economy dependent on not just high, but ever-accelerating levels of private debt. In a healthy system, debt levels rise and fall, but remain roughly flat over time. The ever-upward slope of U.S. debt, like a Ponzi, must at some point collapse.  [View news story]
    Exactly Tomas. What does one need for welfare for a roof and food? These programs were initially designed so a citizen didn't die of starvation or freeze. A friend of my wife has six kids and buys lobster and steak with the vast food stamp allotment she gets.

    Meanwhile, she has a Dental Assistant degree which pays $21 an hr.

    Medicare and the broken Healthcare system is a problem of lack of anti-trust brought through the lobby system. And don't even get me started on the corporate welfare for bankers.. Some of you are worse than the two welfare queen examples Tomas and I cite.

    I am fine with single-payer healthcare system as long as competition is expanded instead of monopolies expanded as Obamacare did. I am fine with a single Mom getting a studio for her and two kids and eating basic food staples. But I am not fine continuing to allow politicians to run one dollar, one vote!

    Jun 17 12:40 PM | 1 Like Like |Link to Comment
  • China: Timing Is Everything [View article]
    Hmmm. I agree with your sentiment about humility but it is more like wishing. It tells me a lot about your character Ben Gee that your a good person.

    Good news/bad news: The good news is the investor class is organizing and funding reform. The bad news is that those in control will oppose them. Conflict is imminent. Bad for growth short term. I am positive on both China's and America's future in the long-term (post 10 years).

    China and America are like a marriage. The spats get violent and brutal but the make-up love is wonderful and lasts decades :)

    Last year I posted here on SA that the best days of investing in China are temporarily over. I got four thumbs down and no thumbs up. I used to believe in wisdom of the crowd theory. Now I believe in the lemming and pied/piper theory more.

    Another well balanced article Mr Hui. I appreciate you taking the time to educate as you inform.
    Jun 15 08:10 PM | Likes Like |Link to Comment
  • What Would We Need for Persistent 5% Growth? [View article]
    I am an eternal optimist and share your enthusiam Enigman. Let's be blunt. Fascism creates momentum of its own.

    Only when there is no growth does the investment community BEGIN to fund reform which encourages competition. Perhaps that will start in 2013 but to return to a semblence of a fair market will take years. Those REALLY in charge that have centralized the global wealth are the same as in other cycles of this happening.

    The Malthus worshipers have theirs, so they talk and promote scarcity as idealogy over abundance. Depopulation as an option is disgusting and contrary to reality.

    The root of this kind of thinking is laziness. It takes more work to develop sustainable fiscal policy and implement it than monetary policy. Why be an uknown servant of the people when you can use finance to become a god, like the Pharoah of Egypt?

    When monetary policy runs its course and the money multiplier is negative, it is no surprise to see Malthus worship roaring backfront and center by those that centralized the wealth, paid no taxes but continue to expect the rubes to provide outsized production when they can no longer afford to live. Look at history, cause and effect. What happens when the people can't afford to live, what do they do? Monetary union without political union always creates massive failures. The EU is a prime front-and-center example but the U.S. being ruled from a supra-national finance organization is actually now in the same boat.

    Growth requires stability and until the Fascist momentum changes, expect increasingly large military misadventures that destroys stability.

    Are the citizens here in America capable of 5% growth? You betcha! But they won't do it with a boot on their neck. For that matter, neither will China. Seen the recent riots lately over there? They are turning violent. Americans are also not far behind. The global citizen including the U.S. will be fortunate to avoid another world war. The IMF and nations are already doing the blame game in response to the bagholder game, just like prior to WW1 and WW2.
    Jun 15 02:59 PM | 3 Likes Like |Link to Comment
  • What Would We Need for Persistent 5% Growth? [View article]
    Osterix, no mention of Central Bank policy to discourage savings and increase consumption via debt? Psst, ask Alan Greenspan about this thesis on this topic...
    Jun 15 02:38 PM | 2 Likes Like |Link to Comment
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