Adlin Sinclair

Quick Observation - Kindergarten Running The Show

Posted 2 days ago

Yesterday’s cancellation of the vote to repeal and replace Obamacare was an outright embarrassment and disgrace for Trump and the GOP. They had a chance to do something positive for the American public and they totally blew it with a farcical document and subsequent voting catastrophe.

We have to realize that after eight miserable years of Obama’s crap, we look like beginning four years of Trump/GOP’s nonsense. Same game different ball. They can’t even create a replacement for Obamacare, which shouldn’t take much of an effort, because Obamacare is bordering ridiculous and very few like. As such, even the Democratically-controlled Congress that passed it (without reading its contents) seven years ago made sure through law that they were not, in any shape or form, covered by it. They voted on it for the American public to suffer.

So, we should have realized that the GOP was going to deliver pretty much the same farce, and right on cue they did. They couldn’t even get their troops to rally like the Democrats did when Obamacare was passed, so their attempt to change Obamacare didn’t even get to the voting stage.

Based on this performance, you can be pretty much assured that Trump, Ryan and everyone in favor of the replacement – American Healthcare Act – will be distancing themselves from it over the next several weeks, and putting on a good ‘aw shucks’ face, hoping the public will quickly forget the embarrassment.

Fat chance; most of the public want Obamacare repealed and replaced with something decent, but the GOP, led by Trump and Ryan, have let them down straight out of the gate. Is this a sign of the future? Money says yes, as we have kindergarten running the show.
-Adlin Sinclair

Written by Adlin Sinclair
Filed under: Thought-of-the-Moment

Not Looking Good, Donny

Posted 3 days ago

Yesterday was targeted as the date the House would vote on the repeal and replacement of Obamacare – known as the American Healthcare Act (AHCA). To recap, Obamacare was the 2nd worst piece of legislation enacted by Congress in the last 120 years, proven by its vast number of detractors and its financial demise over the last year.

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Written by Adlin Sinclair
Filed under: Thought-of-the-Moment

Quick Observation - Cracks Appearing In The Economy

Posted 4 days ago

Although the markets have been hot of late, drifting considerably higher since the election of Trump, suggesting the economy is strong, there may be some cracks forming that could turn into fissures, and may be worse.

Crack number one is the default rate on sub-prime auto loans hit 9.1% in January (the most recent data available). That was the highest level since the Debt Crisis of 2008, a first warning sign of consumer distress. Much like when furniture sales drop. More than 6 million people are behind on their auto payments by at least 90 days or more. That’s huge. Subprime auto loans account for about 20% of today’s car purchases. The recovery rate (repossession and sale) on subprime auto loans is 34.8%, the worst in over seven years.

Crack number two is in the junk bond market. Last week’s decline alone was enough to wipe out all the interest investors could have made in the last 12 months. So, it was significant. The junk bond market has historically been a reliable risk-on/risk-off indicator and should be watched by investors (and the general public) like a hawk.

Bull markets and economies never die, or correct, for one reason alone. But one of the most common bear market triggers is an overzealous Federal Reserve. That could be crack number three. The Federal Reserve has increased interest rates twice in the last three months, suggesting a stronger economy, which few Americans are experiencing, unless they’re rich, fat cats enjoying equity market profits of late. Although more people are working, the jobs being created are low end and part time.

Supposedly, the Fed is slated to announce two more rate hikes in 2017, a scenario that the Wall Street crowd seems oblivious to, yet, will conveniently use the news to sell their services further to unwitting clients. Never forget: The Fed can kill a party faster than the police at a high school beer-kegger.
-Adlin Sinclair

Written by Adlin Sinclair
Filed under: Thought-of-the-Moment

Quick Obeservation - Here We Go Again

Posted 5 days ago

Is Trump wrong to ban travelers from entering the U.S. from the six hotspots for Arab/Muslim Terrorism? You would think he was a pariah for assembling and signing an Executive Order for that purpose, per media broadcasts and public protests of late. But, as we have witnessed again today in my hometown London, the Arab/Muslim terrorist population is still waging war against the West and Christian/Judeo people. We know it was likely Arab/Muslim Terrorism, because of how the incident went down.

How do we stop this invasion into our lifestyle and the havoc and fear it presents? We begin by limiting access to this racial group into the West until they have been properly vetted and given a clean terrorist bill of health. Otherwise, these atrocities will continue and maybe one day it will be you, or your family, or your friends, that will be harmed by one of these disgraceful atrocities. This is not the time to be politically correct… it is the time to protect Christian/Judeo citizens in the West by the best means possible.
-Adlin Sinclair

Written by Adlin Sinclair
Filed under: Thought-of-the-Moment

Paid To Do Anyway

Posted 6 days ago

In the recently released budget proposal, $54B annually was added for military expenditures, on top of the current annual budget of approximately $700B. Why?

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Written by Adlin Sinclair
Filed under: Thought-of-the-Moment