THE DON JONES INDEX…

 

GAINS POSTED in GREEN

LOSSES POSTED in RED

  2/26/20…  14,851.04

  2/19/20…  14,883.13

    6/27/13…  15,000.00

 

 

(THE DOW JONES INDEX:  2/26/20…26,957.69; 2/19/20…29,348.03; 6/27/13… 15,000.00)

 

 

LESSON for February 26, 2020 – LAST CALL!

 

Times come, as they must, to an end for all things – so this is Don Jones’ lastest Poll of Polls until, maybe, sometimes after the Democrats finally choose a candidate.  By the count of delegates, or deliberations in the smoke-filled rooms if none of the surviving nine claims an outright majority, one of the surviving nine will crawl through the gutter, shake the slime off, and then enter the arena against a Donald Trump… oranged and rested and ready.  Tuesday next is Super – some might not think so, but near onto half of the convention delegates will be selected and then what happens will be a formality, or else a two- (or three- or six-sided) pigfight on the path to Milwaukee.

Where even the losers might find some consolation in all that beer, there.

Going into ST (henceforth, Super Tuesday), the damned Socialist Bernard NMN* Sanders has, so far, achieved some forty delegates in winning two of the first three primaries and/or caucuses (Iowa still hasn’t been figured out  yet).  We also bid adieu and good f*****g riddance to the idiotic caucus system… ST’s voters will either choose their winners and their losers the old-fashioned way (one voter, one vote) or else let the Russians do it for them.

The Russians, by the way, have already announced, held and tabulated their version of our primaries, and the winners are Djonald Unchained Unchained and the Bern.  Either they figure that the steep ideological divide will throw the hoodoo onto America, or… being the Russians as they are, if not the Soviets… they know well that ensuring that a sick old man may well cause the entire house of cards to collapse.

And, as they had and still have had secret policemen running the country, whether under Communism or the free market, could that augur a President Gina Haspel in America’s near future?  Couldn’t be worse… )

We’ve had two debates and the Nevada primary since last week’s Index, so let’s begin at the beginning – which would be Thursday night.

Excitation arose, because the powers-that-be decided former New York Mayor and billionaire tycoon Mike Bloomberg would be allowed to take the debate stage out there in Vegas with the rest of the pack... down to five others (the purported Russian agent, Tulsi Gabbard (D-Hi) and other billionaire Tom Steyer failing to meet the qualifications and thus being X-cluded from the proceedings).

(That was too bad, in a way, it would’ve been a novel sight to see the two billionaires clashing heads like a couple of angry goats and, since Sanders had risen to the top of the polls despite his doubling down on being a Socialist, it woulda been kinda cool to see how he stood up to the questioning of a genuine Socialist, if not Communist... although there is some question, these days, whether Russia remains affixed in the Marxist-Leninist camp or, as certain events in and about Ukraine presuppose, has wholly slid over into the capitalist-oligarchist peanut gallery.  Just like America.  Well, this was not to be, but there were plenty of other novelties on hand to keep the audience and the television viewship... this throwdown, like the one before and one after, would be broadcast on network television, so that all who cared to see the three old men (Bloomberg celebrated his 78th on Valentines’ Day by topping the half-bil mark on advertising), one old... or at least elderly... Sen. Elizabeth Warren (D-Ma)... and one middle-aged... Sen. Amy Klobuchar (D-Mn) woman and then a young pup, the former Mayor Pete of South Bend, Indiana, now a private citizen like Blooberg and former Veep, Joe Biden).

(See our final Poll of Polls as Attachment Three – with last week’s as 3B.  Barring a dropout by the clinging, cloying Gabbard or a major meltdown in South Carolina during a rare February freeze,

It was a six-person over-the-top-rope rassling match like those promoted by President Trump’s friend and fellow impresario Vince McMahon on the Raw and Smackdown, and it was Warren who answered the opening bell by body-slamming Billionaire Mike, kicking him in the privates and then tossing him through (but not over) the ropes.

Having done her research, Warren recounted various statements and stories about the billionaire’s predilection for sexist words (if not actual assaults)... in particular, Bloomberg’s diatribes against women – such as telling a pregnant employee to “kill it” or dismissing his accusers as “horse-faced lesbians” within and without the halls and the corridors of his financial fee-sucking emporium, media conglomerate and throughout City Hall in New York.

She also said that she considered him a threat… to Democrats?  Democracy?  Decency?  A big one, she added.  “Not a tall one but a big one.”

The blinking billionaire blinked and blinked again and then offered up the excuse that maybe a couple of the gals had been offended at jokes he had told, but also declared that he would not release any of his victims from the non=disclosure agreements they had signed in order to receive their payoffs.  (He would backtrack in three cases... still unspecified... a few days later.)

That set the tone for a night of carping and sniping.  Tom Steyer, meanwhile, said that America needed a better choice than that between “a Socialist and a Republican”.  Nobody listened.  Mayor Pete and Amy the K blew their chance to shine by engaging in a strange dialogue about the name of the President of Mexico.  She asked if he was calling her “dumb”. 

(If only he’d replied no, I’m calling you stupid, she might have started to cry and dropped out, leaving the entire tiny center to the Butt-man.)The prospect of fresh, bloody meat standing up there at the far left (from the audience perspective, far right onstage) podium probably saved Sanders from the sort of savaging he would encounter five nights later in Charleston, South Carolina after Bloomberg had been put in his place.  The rebukes from the pundits and comedians were brutal... Jimmy Kimmel said Warren had sawed Bloomy in half, Colbert said she’s “hammered” him.  Pundit George Karl called the billionaire’s debut “disastrous. George Stephanopolous said he “took a beating”. 

And then it was the turn of the voters to express (or expose) themselves as to the future of a Democratic Party with Sanders and Warren on the left, the B-Boys... Bloomberg (who was not on the Nevada ballot, as he will not be a choice in South Caroline tomorrow night), Biden and Buttigieg on the right... and Klobuchar somewhere in the middle, frantically cautioning the angry men surrounding her that the only beneficiary of the carping and sniping was President Trump; asking “Why can’t we all just get along?”

By last night in Charleston, she had discarded the housewifely flummoxation and dove into the mosh pit, particularly singling out Sanders, whose standing in the polls throughout the week had spiked as aggressivly as the Dow, beset by the coronavirus that had effectually closed Chinese businesses down in both the import and export arenas, has tumbled.

The pundits pounced.  Karl said the debate were less of a slugfest than usual, alarming media executives who hastened to call the show really great and only going to get better.  Last night’s autopsies found Major Garret saying that Bloomberg had improved, Antjuan Searight calling the primaries “a game of inches”.

 

Up next… the South Carolina primaries tomorrow night (Sleepy Joe’s last stand?), and the networks will show their esteem by devoting an hour or two to prime time coverage... although it is likely that the bulk of the pettifoggery and prognostication will be devoted to Tuesday next, which is to say, Super Tuesday.

 

And that may well be the ball game – particularly if the Bern does as well or better than polls indicate.  The B-boys (and the Democratic National Committee) have been experiencing epileptic spasms at the prospect of a Socialist girding up for battle with King Trump... an acknowledged, self-depicted Socialist at that and not just some tired old or young liberal straw man (or woman) made up as a fire-spitting revolutionary; a blue-state Bakunin, but painted with the red lipstick of a Robespierre or Pol Pot.  Make no mistake about it... Debbie Wasserman (or whoever has her job by the time that the blood from the Milwaukee brewery shootings is wiped up and the beer hall putsch gets underway) is out to steal the nomination away from Sanders again, and deliver it to...

Well...

 

Full of himself as ever, Djonald Unchained Unchained has been attempting to de-publicize the Democratic debates and primeries (not necessarily a good idea, since they seem to deter more voters than they attract) by holding mega-MAGA (or, now, KAGA) rallies at which he brags about his accomplishments… notably taking credit for the economy.

Well, there’s now a problem with that.  Thanks to the Coronavirus, China is in lockdown mode and a few other countries are feeling the burn, so to speak.  Japan has threatened to cancel the Olympics.  Italy is panic-stricken and so is Iran (hey, it’s not all bad).  Workers are staying home, hence they are not making things to sell to the greedy, grubby consumers in America and, because they are not working, they don’t have money to buy American goods (or anyone’s).  So the Dow crashed this week and… if early Asian stock market reports are any indication… they will continue to do so.  Its been a bad week for billionaires (considering, also, Mike Bloomberg’s hideous debate performance) but if Don Jones has retirement accounts, they’re losing money too.

The only uptick was that, with China on lockdown, Americans were forced to buy domestically.  Some reacted to this with horror, others endured.  Those KFC shoes are looking good.

 

   * Sanders has no known middle name.  It should come as no shock that a man who wants to ‘Bern the Constitution’ does not think twice about the fact that he does not have a middle name,” contends liberaldarkness.com. “Obama Hussein Obama gave us Sharia Law. Bernie “blank” Sanders will give us anarchy.”

 

 

      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)

 

 

CATEGORY

VALUE

BASE

 

RESULTS

 

SCORE

SCORE

      OUR SOURCE(S) and COMMENTS

 

  INCOME

(24%)

6/27/13

LAST

CHANGE

NEXT

2/19/20

 2/26/20

SOURCE

 

 

 

 

 

 

 

 

 

 

 

Wages (hourly, per capita)

9%

1350 pts.

2/12/20

+0.34%

3/4/20

1,352.31

1,352.31

http://www.tradingeconomics.com/united-states/wages  23.87

 

Median Income (yearly)

4%

600

2/19/20

+0.06%

3/4/20

602.99

603.35

debtclock.org/    33,803

 

Unempl. (BLS – in millions

4%

600

2/12/20

+2.78%

3/4/20

583.32

583.32

http://data.bls.gov/timeseries/LNS14000000   3.6

 

Official (DC – in millions)

2%

300

2/19/20

-0.21%

3/4/20

296.26

296.87

http://www.usdebtclock.org/ 5,850

 

Unofficl. (DC – in millions)

2%

300

2/19/20

-0.34%

3/4/20

247.25

247.84

http://www.usdebtclock.org/    12,420

 

Workforce Participation

Number (in millions)

Percentage (DC)

2%

300

2/19/20

 

+0.01%

+0.02%

3/4/20

300.87

300.93

In 158,831 Out 94,882 Total: 253,713

http://www.usdebtclock.org/  62.545

 

WP Percentage (ycharts)*

1%

150

2/12/20

+0.32%

3/4/20

150.23

150.23

http://ycharts.com/indicators/labor_force_participation_rate  63.40

 

OUTGO

(15%)

 

 

 

 

 

 

Total Inflation

7%

1050

2/12/20

+0.1%

3/4/20

1046.85

1046.85

http://www.bls.gov/news.release/cpi.nr0.htm     +0.1

 

Food

2%

300

2/12/20

+0.2%

3/4/20

298.80

298.80

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

 

Gasoline

2%

300

2/12/20

 -1.6%

3/4/20

296.27

296.27

http://www.bls.gov/news.release/cpi.nr0.htm     -1.6

 

Medical Costs

2%

300

2/12/20

+0.3%

3/4/20

297.90

297.90

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

 

Shelter

2%

300

2/12/20

+0.4%

3/4/20

298.20

298.20

http://www.bls.gov/news.release/cpi.nr0.htm     +0.4

 

 

 

 

 

 

 

 

 

 

 

WEALTH

(6%)

 

 

Dow Jones Index

2%

300

2/19/20

 - 8.15%

3/4/20

312.73

287.26

https://quotes.wsj.com/index/DJIA  29,348.03  26,957.59 =25.48

 

Sales (homes)

Valuation (homes)

1%

1%

150

150

2/19/20

- 1.44%

- 2.99%

3/4/20

   155.32

151.77

   153.07

147.24

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

Sales (M):  5.54 5.46 Valuations (K):  274.5 266.3

 

Debt (Personal)

2%

300

2/19/20

+1.93%

3/4/20

298.23

292.47

http://www.usdebtclock.org/    63,037

 

 

 

 

 

 

 

 

 

 

 

 

             AMERICAN ECONOMIC INDEX (15% of TOTAL INDEX POINTS)

 

 

NATIONAL

(10%)

 

 

 

 

 

 

 

 

 

 

Revenues (in trillions)

2%

300

2/19/20

+0.04%

3/4/20

301.07

301.21

debtclock.org/       3,518

 

Expenditures (in tr.)

2%

300

2/19/20

+0.07%

3/4/20

299.14

298.94

debtclock.org/       4,578

 

National Debt (tr.)

3%

450

2/19/20

+0.38%

3/4/20

446.87

445.19

http://www.usdebtclock.org/    23,382

 

Aggregate Debt (tr.)

3%

450

2/19/20

- 0.09%

3/4/20

444.39

443.98

http://www.usdebtclock.org/    75,842

 

 

GLOBAL

 

(5%)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign Debt (tr.)

2%

300

2/19/20

+0.20%

3/4/20

 299.53

    305.82

http://www.usdebtclock.org/   6,761

 

Exports (in billions – bl.)

1%

150

2/19/20

+0.48%

3/4/20

151.08

151.08

https://www.census.gov/foreign-trade/Press-Release/  209.6

 

Imports (bl.)

1%

150

2/19/20

+2.52%

3/4/20

148.71

148.71

https://www.census.gov/foreign-trade/Press-Release/  258.5

 

Trade Deficit (bl.)

1%

150

2/19/20

+8.10%

3/4/20

150.98

150.98

https://www.census.gov/foreign-trade/Press-Release/  48.9

 

 

 

 

 

 

 

 

 

 

 

SOCIAL INDICES (40%)  

 

 

ACTS of MAN

(12%)

 

 

 

  World Peace

3%

450

2/19/20

-0.5%

3/4/20

437.90

435.71

China’s gift to the world – Coronavirus.  SoKo bans public gatherings.  Panic in Venice stops filming of MI 7, famine strikes Venezuela.  Syrian war heats up.  Trump holds massive rally in India – not a word about citizenship crisis.

 

Terrorism

2%

300

2/19/20

+0.2%

3/4/20

299.05

298.45

Houston flea market massacre.  Israel/Gaza rocket tit-for-tat.  Mad driver commits German carnival mayhem.  But drones kill Al Shabaab leader in Somalia.

 

Politics

3%

450

2/19/20

  -0.4%

3/4/20

458.87

457.03

Trump purges Pentagon policy players and intelligence spooks – replaces acting directors with acting acting directors.  Putin and the boys endorse Trump, Bernie.

 

Economics

3%

450

2/19/20

 -0.3%

3/4/20

451.78

448.62

Coronavirus financial fallout going global.  More hospitals garnishing underwater patients.  Berlin freezes rents.  Turbotas buying Credit Karma, Equifax buying E-Trade, anonymous horny bankers buying Victoria’s Secret.  Expedia sheds 3,000 jobs.   Gap adapts – starts selling used clothing.

 

Crime

1%

150

2/19/20

 +0.1%

3/4/20

300.89

300.59

Mexican cartels seize avocado market.  Costco cracks down on non-members slithering into food court.  Car thief killed when vehicle of his dreams falls on him.

 

 

 

 

 

 

 

 

 

 

 

ACTS of GOD

(6%)

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

 

 

 

 

 

 

 

Environment/Weather

3%

450

2/19/20

-0.2%

3/4/20

451.33

450.43

California and Arizona welcome rain, but Colorado river is drying up.  Outrage swells over sale of energy leases in National Parks.

 

Natural/Unnatural Disaster

3%

450

2/19/20

+0.1%

3/4/20

444.15

443.71

Two revelers run over by New Orleans mardi gras floats.  200 car pileup in Montreal.  Good Samaritan survives 75 foot fall.

 

 

LIFESTYLE/JUSTICE INDEX   (15%)

 

 

 

 

 

 

 

 

 

 

 

 

 

Science, Tech, Education

4%

600

2/19/20

+0.1%

3/4/20

602.97

603.57

Arbor Day celebrated.

 

Equality (econ./social)

4%

600

2/19/20

 +0.4%

3/4/20

599.99

802.39

BYU mellows out on anti-gay policies.  Mike Bloomberg walks back non-disclosure agreements on three women.  Greyhound to stop ICE checks.  Wheelchair krewe enjoys Mardi Gras.

 

Health

4%

600

2/19/20

 -0.4%

3/4/20

595.21

593.83

CDC says that coronavirus might be “bad”.  Plague ships roam the globe.  Angry neighbors protest quarantine of CV patients in California and Alabama after 3rd USA death (flu killed 16,000 this year).  Old folks are smoking more weed.  Plastic bottles are choking more children and toxic potato chips recalled.  Kia recalls exploding cars and UK bans heading in youth soccer matches.

 

Freedom and Justice

3%

450

2/19/20