THE DON JONES INDEX…

 

GAINS POSTED in GREEN

  LOSSES POSTED in RED

 

          4/2/18…  15,621.51

        3/12/18…  15,613.13 6/27/13…  15,000.00

      

(THE DOW JONES INDEX:  4/2/18… 24,103.11; 3/19/18… 23,533.20; 6/27/13… 15,000.00)

 

LESSON for April 2, 2018 – IN DREAMS!

 

Last week, we reported on the 2018 findings of the World Happiness Report and listed the finalists, in order, from #1 (Finland) to #156 (Burundi).  Next week, we will append the WHR survey on immigration happiness (as applies to both the immigrants and their destinations, whether welcomed or not) the methodology of the researchers and internal changes over the 2017 findings and, lastly, how the United Nations folk compared with our own Don Jones Index World Happiness Report for 2017.

But first, we must take note of a significant anniversary occurring this week – that of fifty years ago, 1968: the assassination of Martin Luther King, following his seminal “I Have a Dream” speech.

As reported, it has not been a particularly happy year for Don Jones (with the exception of a few billionaires, newlyweds, lottery winners and Philadelphia sports fans) with the United States falling from 14th to 18th according to the researchers, a bunch of Gallup people acting under the auspices of the United Nations. 

But consider 1968… a real dumpster fire of a year.  Not only was King shot down in Memphis, a confused Arab killed Robert Kennedy as he was about to be nominated as the Democratic candidate for November’s election.  The Cold War was ice-cold, the Vietnam war was hot and bloody far beyond the occasional Iraq or Afghan casualty, black people were compelled to use separate drinking fountains and young people were apparently going crazy.  The old liberal turned warmonger Hubert Humphrey stole the Democratic nomination amidst rioting in the streets and then lost the general election to Richard Nixon, with all that entailed.

Sort of like November, 2016, except that Donald Trump’s playbook was nearer to that of George Wallace to Nixon or Humphrey, and more successful, too.

Nonetheless, there were also some high moments – a few times when it was possible to discern a glimmer of hope behind the dystopian clouds that would swirl round the world (and are swirling still).  And so, here is Rev. King’s address given in front of the Lincoln Memorial during the 1963 March on Washington for Jobs and Freedom.

 

I am happy to join with you today in what will go down in history as the greatest demonstration for freedom in the history of our nation.

 

Five score years ago, a great American, in whose symbolic shadow we stand today, signed the Emancipation Proclamation. This momentous decree came as a great beacon light of hope to millions of Negro slaves who had been seared in the flames of withering injustice. It came as a joyous daybreak to end the long night of their captivity.

 

But one hundred years later, the Negro still is not free. One hundred years later, the life of the Negro is still sadly crippled by the manacles of segregation and the chains of discrimination. One hundred years later, the Negro lives on a lonely island of poverty in the midst of a vast ocean of material prosperity. One hundred years later, the Negro is still languished in the corners of American society and finds himself an exile in his own land. And so we've come here today to dramatize a shameful condition.

 

In a sense we've come to our nation's capital to cash a check. When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men, yes, black men as well as white men, would be guaranteed the "unalienable Rights" of "Life, Liberty and the pursuit of Happiness." It is obvious today that America has defaulted on this promissory note, insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check, a check which has come back marked "insufficient funds."

 

But we refuse to believe that the bank of justice is bankrupt. We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation. And so, we've come to cash this check, a check that will give us upon demand the riches of freedom and the security of justice.

 

We have also come to this hallowed spot to remind America of the fierce urgency of Now. This is no time to engage in the luxury of cooling off or to take the tranquilizing drug of gradualism. Now is the time to make real the promises of democracy. Now is the time to rise from the dark and desolate valley of segregation to the sunlit path of racial justice. Now is the time to lift our nation from the quicksands of racial injustice to the solid rock of brotherhood. Now is the time to make justice a reality for all of God's children.

 

It would be fatal for the nation to overlook the urgency of the moment. This sweltering summer of the Negro's legitimate discontent will not pass until there is an invigorating autumn of freedom and equality. Nineteen sixty-three is not an end, but a beginning. And those who hope that the Negro needed to blow off steam and will now be content will have a rude awakening if the nation returns to business as usual. And there will be neither rest nor tranquility in America until the Negro is granted his citizenship rights. The whirlwinds of revolt will continue to shake the foundations of our nation until the bright day of justice emerges.

 

But there is something that I must say to my people, who stand on the warm threshold which leads into the palace of justice: In the process of gaining our rightful place, we must not be guilty of wrongful deeds. Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred. We must forever conduct our struggle on the high plane of dignity and discipline. We must not allow our creative protest to degenerate into physical violence. Again and again, we must rise to the majestic heights of meeting physical force with soul force.

 

The marvelous new militancy which has engulfed the Negro community must not lead us to a distrust of all white people, for many of our white brothers, as evidenced by their presence here today, have come to realize that their destiny is tied up with our destiny. And they have come to realize that their freedom is inextricably bound to our freedom.

 

We cannot walk alone.

 

And as we walk, we must make the pledge that we shall always march ahead.

 

We cannot turn back.

 

There are those who are asking the devotees of civil rights, "When will you be satisfied?" We can never be satisfied as long as the Negro is the victim of the unspeakable horrors of police brutality. We can never be satisfied as long as our bodies, heavy with the fatigue of travel, cannot gain lodging in the motels of the highways and the hotels of the cities. **We cannot be satisfied as long as the negro's basic mobility is from a smaller ghetto to a larger one. We can never be satisfied as long as our children are stripped of their self-hood and robbed of their dignity by signs stating: "For Whites Only."** We cannot be satisfied as long as a Negro in Mississippi cannot vote and a Negro in New York believes he has nothing for which to vote. No, no, we are not satisfied, and we will not be satisfied until "justice rolls down like waters, and righteousness like a mighty stream."

 

 

 

I am not unmindful that some of you have come here out of great trials and tribulations. Some of you have come fresh from narrow jail cells. And some of you have come from areas where your quest -- quest for freedom left you battered by the storms of persecution and staggered by the winds of police brutality. You have been the veterans of creative suffering. Continue to work with the faith that unearned suffering is redemptive. Go back to Mississippi, go back to Alabama, go back to South Carolina, go back to Georgia, go back to Louisiana, go back to the slums and ghettos of our northern cities, knowing that somehow this situation can and will be changed.

 

Let us not wallow in the valley of despair, I say to you today, my friends.

 

And so even though we face the difficulties of today and tomorrow, I still have a dream. It is a dream deeply rooted in the American dream.

 

I have a dream that one day this nation will rise up and live out the true meaning of its creed: "We hold these truths to be self-evident, that all men are created equal."

 

I have a dream that one day on the red hills of Georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at the table of brotherhood.

 

I have a dream that one day even the state of Mississippi, a state sweltering with the heat of injustice, sweltering with the heat of oppression, will be transformed into an oasis of freedom and justice.

 

I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin but by the content of their character.

 

I have a dream today!

 

I have a dream that one day, down in Alabama, with its vicious racists, with its governor having his lips dripping with the words of "interposition" and "nullification" -- one day right there in Alabama little black boys and black girls will be able to join hands with little white boys and white girls as sisters and brothers.

 

I have a dream today!

 

I have a dream that one day every valley shall be exalted, and every hill and mountain shall be made low, the rough places will be made plain, and the crooked places will be made straight; "and the glory of the Lord shall be revealed and all flesh shall see it together."

 

This is our hope, and this is the faith that I go back to the South with.

 

With this faith, we will be able to hew out of the mountain of despair a stone of hope. With this faith, we will be able to transform the jangling discords of our nation into a beautiful symphony of brotherhood. With this faith, we will be able to work together, to pray together, to struggle together, to go to jail together, to stand up for freedom together, knowing that we will be free one day.

 

And this will be the day -- this will be the day when all of God's children will be able to sing with new meaning:

 

 

My country 'tis of thee, sweet land of liberty, of thee I sing. Land where my fathers died, land of the Pilgrim's pride,    From every mountainside, let freedom ring! 

 

And if America is to be a great nation, this must become true.

 

And so let freedom ring from the prodigious hilltops of New Hampshire.

 

 

Let freedom ring from the mighty mountains of New York.

 

Let freedom ring from the heightening Alleghenies of Pennsylvania.

 

Let freedom ring from the snow-capped Rockies of Colorado.

 

Let freedom ring from the curvaceous slopes of California.

 

But not only that:

 

 

Let freedom ring from Stone Mountain of Georgia.

 

Let freedom ring from Lookout Mountain of Tennessee.

 

Let freedom ring from every hill and molehill of Mississippi.

 

From every mountainside, let freedom ring.

 

And when this happens, and when we allow freedom ring, when we let it ring from every village and every hamlet, from every state and every city, we will be able to speed up that day when all of God's children, black men and white men, Jews and Gentiles, Protestants and Catholics, will be able to join hands and sing in the words of the old Negro spiritual:

 

 

 

Free at last! Free at last!

 

Thank God Almighty, we are free at last!

 

So – what have fifty years brought us?

Not much, according to Colbert King, editorial writer for lyin’ Jeff Zuckerberg’s fake news Washington Post…

 

“For Martin Luther King Jr. Day in January, the White House issued a statement declaring that the slain civil rights icon understood that “for people to see one another as equals, they had to feel the tugs of a bond stronger than race. For King, that bond was America.” King, indeed, did have a dream about America.

“But King’s vision looks nothing like the America on display in today’s Washington.

“Five decades after King’s assassination, America has the whitest White House and the most racially exclusive cadre of presidential appointees since the presidency of Herbert Hoover. The composition of Donald Trump’s administration mocks the White House’s claim to govern under an “American spirit of fraternity.”

“A more racially unfriendly time since King was killed is hard to find.”

 

Is America happy about this and other factors?  Next week, we’ll go back to the World Happiness Report, how it compares with our own happiness survey.  After a couple of weeks of tariff and interest-related declines, Don Jones’ Dow Jones portfolio (if he has one), finally began inching back up.  There was plenty of turmoil in Washington as will affect Don’s future prospects, but little on the immediate horizon (save an unlisted, but notable spike in gas prices.)

 

THE DON JONES INDEX

CHART of CATEGORIES w/VALUE ADDED to EQUAL BASELINE of 15,000

(REFLECTING… approximately… DOW JONES INDEX of June 27, 2013)

See a further explanation of categories here

 

ECONOMIC INDICES (60%)

                                                                                                                                              

DON JONES’ PERSONAL ECONOMIC INDEX (45% of TOTAL INDEX POINTS)

 

 

INCOME

 

(24%)

BASE

6/27/13

      RECKONINGS

       LAST            CHANGE

 

NEXT

DON

3/26/18

DON

4/2/18

 

OUR SOURCE(S) and COMMENTS

 

 

 

Wages (hourly, per capita)    

9%

1350 points 

        3/12/18

+0.18%

Apr. 18

      1,472.77

      1,472.77

http://www.tradingeconomics.com/united-states/wages   22.40

Median Income (yearly)

4%

600

4/2/18

+0.06%

4/9/18

   673.93

        674.31

debtclock.org/    31,747

Unempl. (BLS – in millions

4%

600

2/12/18

-2.44%

Apr. 18

      1,110.17

      1,110.17

http://data.bls.gov/timeseries/LNS14000000     4.1 nc

   Official (DC - in millions)

2%

300

4/2/18

+0.23%

4/9/18

   515.98

517.14

http://www.usdebtclock.org/      6,642

   Unofficl. (DC - in millions)

2%

300

4/2/18

+0.20%

4/9/18

   490.20

        491.34

http://www.usdebtclock.org/    13,160

Workforce Participation

     Number (in millions)

     Percentage (DC)

2%

300

4/2/18

+0.3%

+0.1%

4/9/18

   286.59

286.59

Americans in/not in workforce (mil.) 

In: 155,435  Out 96,074 Total 251.500

http://www.usdebtclock.org/  61.80%   

WP Percentage (ycharts)*

1%

150

4/2/18

+0.17%

Apr. 18

  150.83

150.83

http://ycharts.com/indicators/labor_force_participation_rate   63.00% nc

 

 

OUTGO

    (15%)

 

 

 

 

 

 

 

 

Total Inflation (aggregate)

7%

1050

       3/19/18

+0.5%

4/9/18

973.30

973.30

http://www.bls.gov/news.release/cpi.nr0.htm    +0.2

 

Inflation – Food

2%

300

3/19/18

+0.2%

4/9/18

278.70

278.70

http://www.bls.gov/news.release/cpi.nr0.htm     nc

 

               - Gasoline

2%

300

3/19/18

+5.7%

4/9/18

290.19

290.19

http://www.bls.gov/news.release/cpi.nr0.htm     -0.9

 

               - Medical Costs

2%

300

3/19/18

+0.6%

4/9/18

264.88

264.88

http://www.bls.gov/news.release/cpi.nr0.htm     nc

 

               -  Shelter

2%

300

3/19/18

+0.2%

4/9/18

283.40

283.40

http://www.bls.gov/news.release/cpi.nr0.htm    +0.3

 

 

WEALTH

(6%)

 

 

 

 

 

 

 

Dow Jones Index

2%

300

        4/2/18

   -5.67%     

4/9/18

422.47

432.70

Dow – 24,103.11

Homes – Sales

             -  Valuation

1%

1%

150

150

2/26/18

Sales   +2.97%      Valu.   -1.96%

Mar. 18

202.78         214.76

202.78         214.76

http://www.realtor.org/research-and-statistics

Sales (M):  5.54 Valuations (K):  241.7 

 

Debt (Personal)

2%

300

3/12/18

   +0.20%

4/9/18

259.05

258.90

http://www.usdebtclock.org/    57,814

 

 

 

AMERICAN ECONOMIC INDEX (15% of TOTAL INDEX POINTS)

 

 

 

           NATIONAL

(10%)

 

 

 

 

 

 

 

 

Revenues (in trillions – tr.)

2%

300

        4/2/18

 -+0.06%

4/9/18

385.14

385.37

debtclock.org/       3.374

 

Expenditures (in tr.)

2%

300

4/2/18

 +0.10%

4/9/18

257.64

257.39

debtclock.org/       4.107

 

National Debt (tr.)

3%

450

4/2/18

 +0.38%

4/9/18

347.11

346.90

http://www.usdebtclock.org/    21,056

 

Aggregate Debt (tr.)

3%

450

4/2/18

+0.08%

4/9/18

368.24

367.93

http://www.usdebtclock.org/    69,809

 

 

 

 

           GLOBAL

(5%)

 

 

 

 

 

 

 

 

 

Foreign Debt (tr.)

2%

300

       4/2/18

+1.09%

4/9/18

309.24

308.95

http://www.usdebtclock.org/   6.310

 

Exports (in billions – bl.)

1%

150

3/19/18

-1.33%

4/9/18

158.33

158.33

http://www.census.gov/foreign-trade/statistics/highlights/congressional.html  200.9

 

Imports (bl.)

1%

150

3/19/18

+0.39%

4/9/18

129.37

129.37

http://www.census.gov/foreign-trade/statistics/highlights/congressional.html 257.5

 

Trade Deficit (bl.)

1%

150

3/19/18

+6.18%

4/9/18

88.92

88.92

https://www.census.gov/foreign-trade/statistics/highlights/monthly.html  56.6

 

 

 

 

 

 

 

 

 

 

                                                                                                                 SOCIAL INDICES (40%)

 

                       LIBERTY and SECURITY INDEX           (15%) 

          ACTS of MAN

(9%)

 

 

 

 

 

 

 

 

World Peace

3%

450

       4/2/18

 -0.4%

4/9/18

425.94

424.66

Russia and America swap diplomat evictions and the President says he’d rather let “other people deal with the genocide in Syria.  Not the Saudis, they’re too busy fighting a “war” against Yemen.  Meanwhile, NoKo dictator Kim takes a slow train to Beijing and the long-awaited summit is still on (for the time being).

 

Terrorism

2%

300

4/2/18

+0.6%

4/9/18

221.68

222.12

Yet another al-Qaeda leader is killed – this one in Libya.  Package bombers in Seattle and Texas are rounded up, but France has an epidemic of elderly Holocaust survivors targeted and killed by neo-Nazis.

 

Private/Public Corruption 

2%

300

4/2/18

    +0.3%

4/9/18

300.42

299.52

Republican probers clear Kushner of accepting fishy loans, but Daddy doubles down on spicing up the 2020 census with immigration data and still has the women to contend with – and then there is his Cabinet.  Bum of the week Scott Pruitt enacts sweeping, sweetheart rollbacks of Obama pollution controls, pleasing the energy lobbyist landlord who gave him a big break on residential rent.  Even ‘Pubs admit his will be the next head on the chopping block now that Shulkin is gone (see Health), but where can they find an oily new En Sec with recent Cabinet experience?  Hmmm.  NRA, meanwhile, finally admits they’ve been taking foreign money for years, hoping the tangled trail won’t lead back to the Mideast.

 

Crime

1%

150

4/2/18

  -0.5%

4/9/18

239.38

238.42

More mad gunmen stopped in Sacramento, Baton Rouge and Louisville as is Albany NY sex cult leader.  Evil troll steals teddy bears from Parkland victims memorial.

 

 

          ACTS of GOD             

(6%)

(with, in some cases, a little… or lots of… help from men, and a few women)

 

Environment/Weather

3%

450

4/2/18

    -0.4%

4/9/18

335.55

334.21

Northern half of US is looking at a White Easter, as April temperatures in Minneapolis dip to minus one.

 

Natural/Unnatural Disasters

3%

450

4/2/18

    -0.6%

4/9/18

352.11

354.22

Over 60 die in Russian mall fire.  Uber self-driving car crashes, killing driver (or do you call them passengers?) while a Chinese space station falls out of orbit, breaks up and crashes in the South Pacific.

 

 

 

 

 

 

 

                         LIFESTYLE and JUSTICE INDEX          (15%)

 

Science, Tech. & Education

4%

600

4/2/18

nc

4/9/18

630.01

628.75

Hackers launch cyberattacks against Atlanta and Baltimore.  Apple/Facebook duel gets personal and heats up, but not quite to level of Trump v. Amazon.  Trump overturns ban on toxic paint strippers (perhaps on advice of lawyers who told him to protect strippers).  Teachers in Oklahoma go out on strike, following example of West Virginia.

 

 

Equality (economic/social)

4%

600

4/2/18

+0.3%

4/9/18

733.06

733.06

Dr. Nassar’s gymnast groping scandal at Michigan State corrals a Dean  Wall Street celebrates 2017 by gifting top execs with average 17% bonuses.

 

 

Health

4%

600

4/2/18

+0.1%

4/9/18

531.77

531.94

Unfrozen egg and embryo toll up to 4,000.  VA’s hapless Shulkin out, replaced by Trump personal physician Ronny Johnson who blusters that POTUS will live to 200.  Super-resistant gonorrhea outbreak in UK.  Health Nazis crack down on Starbucks (coffee causes cancer), rubber duckies (full of toxic bacteria) and Under Armour (150M fitness apps hacked and presumably sent to Russians who now know we’re as fat, lazy and drunk as they are.

 

 

Freedom and Justice                        

3%

450

4/2/18

+0.4%

4/9/18

503.51

505.52

Germany arrests fugitive Catalonian separatist.  Pulse shooter’s widow and Penn State fraternity killer bros acquitted; affluenza teen gets out of jail, his cell taken by Pharma Bro Shkreli.  Spooks snoop Facebook, spark privacy backlash that drags down the whole Dow, but only briefly.

 

                     

                       MISCELLANEOUS and TRANSIENT INDEX        (10%)

All miscellaneous incidents

   (transient and cultural)

10%

1000

        4/2/18

+0.2%

4/9/18

1078.06

 1080.22

German pilot downs too many Fosters’, strands Qantas passengers.  G’day, job.  Louisiana lowers drinking age to 19 (19˝ for airline pilots?)  No word on breath test for Arizona pilots who claim to have seen UFO’s.  Foxy Laura Ingraham reaps a bouquet of boycotts over second-rate-college-shaming Parkland survivor David (Publicity) Hogg while WalMart bans too-sexy Cosmo from its shelves following complaints from the New Hampshire Center for Sex Exploitation (aka Junior Anti-Sex League).  March madness ends with Notre Dame winning crown on two buzzer beaters as God renounces bracket-buster Loyola Chicago and Sister Jean and baseball season opens; White Sox rehiring wrongly jailed groundskeeper.  RIP to Astros star Rusty Staub and Linda, the Brown in Brown v. Board of Education.  Tyrannosaurus fossil unearthed in Montana, awaiting confirmation that it was wearing MAGA-button.

 

 

The Don Jones Index for the week of March 26th through April 1, 2018 was UP 8.38 points.

 

The Don Jones Index is sponsored by the Coalition for a New Consensus: retired Congressman and Independent Presidential candidate Jack “Catfish” Parnell, Chairman; Brian Doohan, Administrator/Editor.  The CNC denies, emphatically, allegations that the organization, as well as any of its officers (including former Congressman Parnell, environmentalist/America-Firster Austin Tillerman and cosmetics CEO Rayna Finch) and references to Parnell’s works, “Entropy and Renaissance” and “The Coming Kill-Off” are fictitious or, at best, mere pawns in the web-serial “Black Helicopters” – and promise swift, effective legal action against parties promulgating this and/or other such slanders.

Comments, complaints, donations (especially SUPERPAC donations) always welcome at feedme@generisis.com or: speak@donjonesindex.com

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