DON JONES INDEX… |
|
|
GAINS POSTED in GREEN LOSSES POSTED in RED |
|
1/22/21…
13,839.03
11/15/21…
13,839.52
6/27/13… 15,000.00 |
DOW JONES INDEX: 1/22/21…31,176.01; 1/15/21…31,097.97; 6/27/13…15,000.00)
LESSON for January 22, 2021 – “JOE HAS a PLAN!”
Wednesday, January 20th. 11:48 AM, twelve minutes early… perhaps to
confuse and confound a still-scheming incumbent hoping for a last-second
reversal of fortune… grim men and a few women descend the steps of the Capitol
where the essence (if not actual) stains of the bloody carnage of two weeks and
four years ago still reposes…
The President-elect places his hand on the family Bible… a big,
heavy Bible… the grimmest of all looks left and looks right as if checking to
see whether angels of malice or angels of promise hover nearby.
Then, sworn in by Chief Justice Roberts (upon whose goodwill the
tenor of his Administration will be tested), Joseph Robinette Biden Junior, 46th
President of the United States, declares: “This is democracy’s day.”
His inaugural address… for all of its clichés and hyperbole…
seemed less about the personal than the perennial: the democracy snatched back
out of the claws of a failed dictator, a grim shadow, a Voldemort,
Pennywhistle, Candyman – never mentioned by name. And by a deadly disease, and by divisions as
have cast Don Jones and all the Joneses of America downwards into “a dark
winter.”
It was as if, by electing the ordinary Joe (who, after all, had
been an other-than-ordinary three time candidate,
Senator and Vice-President) America was really being polled on democracy or
dictatorship… with, as 46 sealed the deal by intoning “so help me, God”, the
former prevailing, at least for the moment.
The celebration, such as it was, was muted; the hallelujahs in a minor
key. The usual throng of humanity as
gathers when American regimes change… whether for eventual good or ill… was
missing, replaced by a platoon of flapping flags, pageantry as would have
gratified Biden’s predecessor. But there
it was – for what it was worth.
“Will we rise to the occasion, is the question,” 46 asked and, for
the next twelve minutes, addressed the flapping flags and the virtual Americans
with Joe-isms like “sacred oath”, “more perfect union”, “hallowed ground”, “my
fellow Americans” and “Unity!
Unity!” If the next thirty six
hours were the crux of the question, the answer is a qualified maybe. Speech done, Bible closed and the principals
ensconced in the White House (in perhaps a final fit of pique, the
ex-President… conspicuously absent from the swearing-in as, in their hometowns
and mancaves, his MAGAmob swore vile but impotent
oaths… had locked the door which had to be pried open) Biden sat down at his
Big Desk and set to issuing a blizzard of Executive Orders, most of which
repealed the EO’s of his predecessor.
Democrats smiled behind their masks.
Republicans nervous about Mister Trump pondered their next move… and the
next four years’ worth of moves.
More Joe-isms included…
“I now speaking of unity can sound to some like a foolish fantasy
these days…”
“We can treat each other with dignity and respect…”
“I will be a President for all Americans. All Americans.”
“Opportunity, security, liberty, dignity, respect, honor and, yes,
the truth…”
“Folks, this is a time of testing… are we going to step up?...”
“… I will always level with you…”
“May God bless America and may God protect our troops…”
Perhaps he had the twenty thousand plus National Guardsmen, DC and
Capitol police mobilized to defend Washington from another Trumtastic
insurrection. The watched and they
waited, they protected and patrolled, but the mob never showed up. The end of the day brought three… one, two,
three!... arrests. As for the
much-feared IEDs and drones, paper bags blew, unmolested, through the empty
streets and not even a pigeon disturbed Joe and Kamala’s Inauguration.
Post-storming, the mop-up progressed apace. U.S.
authorities leveled the first conspiracy charge against the alleged mastermind
of an extremist group in the Jan. 6 storming of the U.S. Capitol, arresting an
alleged Oath Keeper who stands accused of plotting to disrupt the counting of
electoral votes confirming Biden’s victory and proposing further assaults on
state capitols.
Thomas
Edward Caldwell, 66, of Clarke County, Va., was taken into custody before 7
a.m. on four federal counts, including conspiracy to commit an offense against
the United States in the attack on the Capitol. The conspiracy charge is
reserved for offenses interfering with or obstructing the lawful operation of
government.
The
alleged master mastermind, on the
other hand, quietly summoned moving trucks to convey his possessions (and a few
souvenirs as some accounted stolen)
out of the White House and down south to a warmer climate while the President
took to the sky on the wings of an eagle, or buzzard, and flapped off into
history.
“Former president Trump did not declare
martial law in his final minutes in office, nor reveal a secret plan to remain
in power forever,” chided NPR’s Camila Domonoske
(inaccurately as it turned out – see next weeks Lesson). “President Biden and Nancy Pelosi were not
sent to Guantanmo Bay. The military did not rise up
and arrest Democratic leaders en masse.
“Instead, Biden
took the oath of office and became the 46th president on Wednesday.”
For some
supporters of QAnon this was an earth-shattering turn
of events. Or rather, non-events – much to the distress of the two women
thought to be the spawn of QAnon, Lauren Boebert and Marjorie Taylor Greene,
who remain sitting members of Congress.
(See Attachments Four, A through D)
Selfies and
videos taken by the Resistance and shared on social media did show how close
Trump’s legions came to killing a lot of politicians (if not overturning the
election)… some of the mob
chanting “Hang Pence! Hang Pence” passed
within 100 feet of trusted ally turned traitorous turncoat Vice President Mike
Pence, who was hiding with his family in an office near the Senate
chamber. See this. There were accusations of Congressional
collaboration with the mob… as a few MAGAstalwarts
looked through documents on the Senate floor, one, referring to Senator Ted
Cruz, said: “I think Cruz would want us to do this, so I think we’re good,”…
and Attorney General BilBarr the Barbarian (who
skedaddled out of the administration before the President hit the fan, leaving
an actor in charge to play the patsy) was interviewed by Britain’s ITV
News…
“I
think that that was the thing that precipitated the riots on the Hill,” Barr
told editor Rohit Kachroo. “Now, I think it’s always
important to remember that most people are exercising their First Amendment
rights. But there was a substantial group, obviously, that went far beyond that
and broke into the Capitol and tried to interfere with the proceedings. And
that’s unacceptable.”
Barr
condemned the violence as “despicable” but added that he was “not surprised, in
a way, to see the kind of violence” that took place on the day a joint session
of Congress convened to tally the electoral votes.
He
also noted that he was not a member of the Trump administration when the riot
took place. “I was not attorney general.
I had already left office when that occurred,” Barr said of the riots.
(“Please
don’t indict me, Merrick!” he might have added.
“You know what happens to Attorneys General in prison!”)
(W)hen American democracy is under siege, an
inauguration can have a very different feel,” opined David Leonhardt in the New
York Times. “That was true in 1945, when the U.S. was
fighting fascism in World War II, and Franklin D. Roosevelt’s fourth
inauguration was a spartan affair. It was true in 1861, when the country was on
the verge of war and Abraham Lincoln was the target of an assassination plot.
It was true again four years later, when smallpox was raging and the Civil
War was nearing its end.” He might also
have mentioned the Spanish Flu and post World War One isolation of 1921, the
War of 1812 as saw the White House and Capitol set afire and, as some of the TV
historians noted, the bitter electoral debacle of 1800 when the loser, Aaron
Burr, shot an opposition leader – not Thomas Jefferson but, inciting a
tradition and a musical, Alexander Hamilton
On Inauguration Day in 1861, for example,
cavalry members flanked Lincoln’s procession, soldiers blocked streets and
roof-mounted snipers eyed the crowd. The first sentence on the front page of
the next day’s New York Times: “The day to which all have looked with so much
anxiety and interest has come and passed. ABRAHAM LINCOLN has been inaugurated,
and ‘all’s well.’”
But four years later, it was not. Leonhardt describes “a
grim wartime city for Lincoln’s second inauguration, having
endured waves of smallpox and torrential recent rains. The crowd
that day stood in mud “almost knee deep.” |
A Times account — by the poet Walt
Whitman — noted that, as the president spoke, “a curious little white cloud,
the only one in that part of the sky, appeared like a hovering bird, right
over him.” |
The actor John Wilkes
Booth, soon to become Lincoln’s assassin, was in the crowd that day. |
There
were a few more casualties not reported among the dead, the injured and
jailed. House Sergeant-at-Arms Paul
Irving lost his job after balking when the chief of the Capitol Police
suggested activating the National Guard two days before the Jan. 6 event, as he
later told a friend.
“There’s
a reality there — the leaders of
the House and the Senate don’t want the military up there. They don’t want to
show they can’t control their own turf,” said Chief Bill Pickle, who served as
the Senate sergeant-at-arms from 2003 to 2007 and spoke to The Washington Post
at Irving’s request.
Subsequently,
hero officer Eugene Goodman was promoted to “acting deputy” Sgt. at Arms in
Irving’s stead. (And in his inaugural
address, President Joe called for peace between Americans… rural and “Irving” –
he self-corrected to “urban” – but there was no media mention of whether or not
the celebratory post-inaugural lunch included Pickle.)
Long before Wednesday’s inauguration, President-elect Joe Biden had floated a $1.9 trillion
emergency relief plan a week ago that, stated Erica Werner and Jeff
Stein of the Washington Post, “will serve as an early test of his ability to
steer the nation out of a pandemic disaster and rapidly deteriorating economy —
and his promise to unite a divided Congress.”
His new Press secretary Jen Psaki and other top Biden officials “had
told reporters on the eve of his inauguration that the first-day actions are
only part of what will be a series of moves to undo Trump policies and
implement Biden's campaign promises in his first weeks in office.” (CNN)
With
the strains of Lady Gaga and Garth Brooks fading into the aether
(and in Brooks’ case, the lair of trolls that remains our “social” media), the
46th President said: "There's no time to start like
today," as he began signing a stack of Executive Orders and memoranda.
"I'm going to start by keeping the promises I made to the American
people."
And
then, with the stroke of a pen, many strokes as CNN reported, Biden halted
funding for the construction of Trump's border wall, reversed his travel ban
targeting largely Muslim countries and embraced progressive policies on the
environment and diversity that Trump spent four years blocking.
Biden
also reversed several of Trump's attempts to withdraw from international agreements,
beginning the process of rejoining the Paris climate accord and halting the
United States' departure from the World
Health Organization – to which Dr. Anthony Fauci, the government's top infectious disease
expert, will lead the US delegation.
Joe’s first
actions also included a mask mandate on federal property, a break in approach
to dealing with the pandemic from Trump, who repeatedly downplayed the virus.
Biden also installed a coronavirus response coordinator to oversee the White
House's efforts to distribute vaccines and medical supplies and, perhaps cleverly labeled the American Rescue Plan (as if after his
rescue dog Major or, alternately and, probably targeting different
constituencies, the Corona Relief Package), a $190 T package of pork (so say Repubs)
that would also, said Jeff Zients,
the incoming White House coordinator for the coronavirus response questioned by
NPR, reverse "America's withdrawal from the international arena, (which)
has impeded progress on the global response and left us more vulnerable to
future pandemics."
According
to the WashPost’s Seung Min Kim, the President-elect
plans to issue more administrative actions relating to the coronavirus today,
and economic relief tomorrow. A “Buy
American” action will emerge Monday, and an order addressing racial equity
issues will follow Tuesday.
Biden
will announce actions on climate change next Wednesday, health care Jan. 28,
immigration Jan. 29, and international affairs and national security Feb. 1.
All in all, CNN reported that President Biden took 17 executive actions
on Day One; nine of which directly reverse policies imposed by former President Donald Trump. (See Attachment Two)
The
crown prince of the lot… Biden’s “Stim Three” proposal… is divided into three
major areas: $400 billion for provisions to fight the crown plague with more
vaccines and testing, while reopening schools; more than $1 trillion in direct
relief to families, including through stimulus payments and increased
unemployment insurance benefits; and $440 billion for aid to communities and
businesses, including $350 billion in emergency funding to state, local and
tribal governments. (See more here.)
The
proposal will aim to make good on Biden’s plan for a universal vaccination program,
devoting $20 billion to that goal, as well as $50 billion for a “massive
expansion” of testing and $130 billion to help schools reopen safely. Among the
many goals laid out in the proposal, Biden hopes to deliver 100 million vaccine
shots in 100 days, and reopen a
majority of K-12 public schools in that time frame.
He
will invoke the Defense Production Act to hasten the manufacture of vaccines
and personal protective equipment (PPE) for healthcare workers, but not to
produce more of the critical N95 masks for the general public… a cruel and
shocking oversight. Given that forty
percent of those who did not vote for Joe are going maskless to document their
protest of the election and the contemptuous parent-ish
scolding that the virtuous people continue to inflict upon them, knowing only
that the paper or cloth masks available may prevent transmission of the
coronavirus, but not protection from the plague, widespread availability of
affordable N95s (other than through online scam sites) would convince perhaps
half of them to mask up, further reducing transmission and boosting the floor
for herd immunity up to the 80% suggested by Dr. Fauci,
among others.
(As
for the remaining 20% of MAGA diehards, nature will take its course –
especially as the U.K. now asserts that its plague variant is not only more
communicable, but more deadly.)
There
was little immediate reaction to Joe’s EO’s from congressional Republicans.
Rep. Kevin Brady (R-TX) was one of the few to issue an immediate response,
telling Erica Werner and Jeff Stein of the WashPost
that Biden’s proposal “does nothing to save Main Street businesses, get people
back to work or strengthen our economy.“
”Special
interests and liberals are cheering,” he stated. “The jobless and Main Street
are left shaking their heads.”
The
$130 billion in K-12 funding in the proposal is aimed at paying expenses
associated with mitigating the spread of virus inside schools, such as
improving ventilation systems. Although Biden has said he wants to open a
majority of schools, there is no federal tally of how many are open to date,
and some research suggests a majority of them may be offering in-person options
already.
Biden
is aiming to get GOP support for Stim Three, although at nearly $2 trillion the
price tag is likely to be too high for many Republicans to swallow. But, claim
Stein and Werner, “…after campaigning as a bipartisan dealmaker, Biden wants to
at least give Republicans the opportunity to get behind his first legislative
effort as president.”
With
the Senate deadlocked and dependant on a Vice Presidential tiebreaker and even
the House only narrowly theirs, holding enough Democrats together to pass
legislation along party lines could prove a challenge. The most conservative
Senate Democrat, Sen. Joe Manchin III (W.Va.), has already expressed skepticism
about the need for a new round of stimulus checks, while Rep. Alexandria
Ocasio-Cortez (D-N.Y.) said Thursday that Biden isn’t going far enough by
proposing $1,400 checks, even though Biden’s approach means most people will
end up with $2,000 given the earlier batch of $600 checks. “$2,000 means
$2,000. $2,000 does not mean $1,400,″
Ocasio-Cortez said.
Aside from overturning Trump’s more noxious Executive Orders and…
of course… the plague, Joe’s (hopefully not merely aspirational) aspiration for
the short term is to get his cabinet and key administrative posts… to which,
most already have nominees… passed by the Senate. (See Attachment Five)
Sen.
Josh Hawley (R-Mo.) has already blocked the Senate from giving Biden’s choice
for homeland security secretary a quick confirmation, forcing him to go through
the full committee vetting process, because of Hawley’s objections to Biden’s
immigration policies. Democrats (and
nervous Joneses) want Alejandro N. Mayorkas in place quickly because of the
importance of the post.
Hawley
— who joined Ted Cruz (R-Tx) in the effort to challenge the electoral college
results earlier this month before a mob attacked the Capitol — said he held up
Mayorkas’s nomination because he opposed Biden’s proposal to overhaul the nation’s immigration laws. A more moderate voice, Sen. Rob
Portman of Ohio, also detailed criticism of Mayorkas’s management style and
joining other Republicans in voting against Mayorkas’s nomination for deputy
homeland security secretary in 2013 and citing a 2015 inspector general report
that found that Mayorkas had improperly intervened in a visa program at the
behest of well-connected Democrats when he ran the U.S. Citizenship and
Immigration Services while Mitt Romney questioned his cybersecurity credentials
and pressed the nominee on the tidal wave of Hondurans fleeing a corrupt and
brutal dictatorship
of narcopresident Juan Orlando Hernandez.
The
nominee, for his part, was asked by the vetting panel whether he thought the
U.S.-Mexico border needed more barriers, and told Senators border enforcement
is “not a monolithic challenge,”
quoting the late Sen. John McCain, whom he called “an American hero.”
“The
border is varied,” he said, and enforcement should be determined by “geography,
the venue and conduct of individuals around it.” So scat,
you undocumented, monolith-erecting aliens – be you Hondurans or E.T.s.
Another problematical (but ultimately easier)
confirmation was that of Lloyd T. Austin, a retired black General who commanded
American forces in Iraq and had worked closely with
Biden in the past during Obama’s presidency.
Austin, CNN reported, needed
a congressional waiver to be confirmed for this civilian post because the National Security Act of 1947 requires seven years of retirement from active duty
before taking on civilian employment, and he retired from active-duty service
only four years ago. He has worked closely with Biden in the past. Thursday’s 326-78 vote granted a waiver that would exempt Austin from
the seven-year rule. All signs pointed to quick action in the Senate after
that, putting Austin on track to be confirmed by the Senate today, duly
accomplished 93-2 (KTLA
– Los Angeles)
Among the
other key occupants and residents of high office…
Antony
Blinken, nominated for Secretary of State, is already
being greased through the Senate, although procedural matters will delay
confirmation until next week.
The
incoming Biden administration will tap Monty Wilkinson, a Justice Department
human resources official, to lead the department on an acting basis before
Merrick Garland’s confirmation, as officials zero in on other temporary
leaders, people familiar with the matter said.
The pick reflects the administration’s desire to install an apolitical
stopgap while its slate of Justice Department nominees are
confirmed. The Biden administration also plans to install John Carlin, the
former head of the Justice Department’s national security division, as the
principal associate deputy attorney general — a key top management post
advising the No. 2 official, the familiar people said. And it plans to install Matt Klapper, who most recently served as the chief of staff for
Sen. Cory Booker (D-N.J.), as Garland’s chief of staff, the people also said,
speaking to the media on a condition of anonymity to describe private
deliberations.
And
then there is Intelligence Czarina Avril Haines… “liberal activists have voiced
opposition to Haines, alleging that she has “covered up” the intelligence
community’s record on torture,” the WashPost
noted. One of five potential cabineteers who faced a pre-Inaugural Senate confirmation
panel, Haines walked back the cover-up and came out strongly against torture,
and, in particular, waterboarding — the most controversial interrogation tactic
used against foreign terrorism suspects detained during the George W. Bush
administration.
“I
believe that waterboarding is, in fact, torture — constitutes torture under the
law,” said Haines, a lawyer and deputy CIA director during the Obama
administration. “And all those techniques that use cruel and inhuman treatment
are unlawful.”
She
gave a more “measured answer” to Incoming Senate Intelligence Committee
chairman Mark R. Warner (D-Va.) inquiry as to whether China, under Communist
Party rule, was an adversary of the United States. “China is adversarial and an
adversary on some issues,” she said, “and on other issues, we try to cooperate
with them.”
More
on the players, the nayers and stayers and maybe even
Tom Steyer (the liberal megadonor shortlisted for Commerce but now presumably
cast aside in favor of Rhode Island Gov. Gina Raimondo!) in next week’s DJI!
Stage left,
Congressional liberals may push the President past his bending, if not
breaking, point with a sparkling new agenda of their own - announced Tuesday that the first legislation they plan
to push will be a sweeping package of ethics, voting and campaign finance
reforms dubbed the “For
the People Act.”
Further complicating the transition, there is Impeachment Two…
which Speaker Pelosi (her podium restored, her laptop
saved from an unscheduled mission to Moscow) has hinted that she will pursue as
early as Monday morning.
Her
cohort in the Senate – newly coronated Majority Leader Charles E. Schumer
(D-N.Y.) – has told the WashPost that there should be
a vote on barring President Trump from holding public office. The day before
inauguration, he vowed to press forward with an impeachment of Djonald after he leaves office with the aim of barring him
from seeking the presidency again.
Stating
that “his demagoguery whipped (the mob) into a frenzy,” he demanded a precedent
“that the severest offense ever committed by a president will be met by the
severest remedy provided by the Constitution: impeachment and conviction by
this chamber as well as disbarment from future office,” Schumer said.
“President
Trump is a threat to our constitutional order, whether he is in or out of
office,” the minority leader warned.
Biden,
for his part, has expressed the hope that the Senate can simultaneously move
forward on his agenda while weighing impeachment, although, the WashPost admitted, “it’s unclear how well that might work
in practice.” Some of the longer term
items of said agenda include…
·
Providing health
insurance coverage for 97% of Americans in 10 years.
·
Raising an additional
$4 trillion in tax revenue by increasing top tax rate to 39.6%, taxing capital
gains at ordinary rates and raising the corporate tax rate to 28%.
·
Forgiving student loan
debt and make college free for those making up to $125,000.
·
Raising minimum wage
to $15 an hour and repeal "right to work" laws.
Biden alluded only in passing to the political challenges
his proposal will confront, remarking of his proposal to raise the minimum wage:
“People tell me that’s going to be hard to do,” he said, but noted that it just
happened in Florida where statewide living costs are somewhat less than some,
but more than others.
·
Expanding "Buy
American" policies through government purchasing, while using subsidies,
federal matching, and incentives to make American products more competitive.
·
Investing $1.3
trillion in infrastructure over 10 years.
·
Spending $2 trillion
on clean energy during first term as president.
Two days into the Biden Administration, Joe and his Presidential
Pen remained busy signing documents, most of which overturned policies precious
to Team Trump. While most MAGAmen ended the week angry and confused, most liberals
merely relieved, there were a few unchallenged winners going into Week One of
Year One of the 46th President’s reign.
Youth poet Amanda Gorman, who wowed the inaugural crowd… er, flags… with her recitation of “The Hill We Climb” (See Attachment
Fourteen).
Officer
Eugene Goodman, whose quick thinking in luring a large group of rabid hyenas
away from the Senate chamber was recognized at the inauguration,
granted the privilege of escorting Vice President Harris to the gallows… uh,
rather to the Inaugural Podium… and has been promoted to acting Deputy Sergeant
at Arms.
An unknown gambler in Maryland who captured the lesser of the two bloated Lotto
jackpots… a mere 750 million as opposed to the billion plus Mega (not Maga)
Millions wager.
The inability of the Viking King (aka Q-Anon Shaman, aka Jacob Angeli, aka Jacob Anthony Chansle,
aka Organic-only Otto… “human infant flesh is not organic!”… aka Butt on the Veep’s Deskman), the Confederate
Flagman, the Feet on the Speaker’s Deskman, Camp Auschwitzman,
Laptop-to-Russia Woman and the myriad of militia myrmidons from old hands like
the Proud Boys and Boogaloo Boys to new faces like Cowboys for Trump to
overthrow the government reminds us, once again, of the ubiquitous Per Ubu (who at least managed to become King of Poland for
awhile – see below).
And
the querulous quacks of QAnon? Now that
Trump has left office, some of its supporters are baffled — “or even giving
up!” alleges NPR.
New York Times tech columnist Kevin Roose tweeted
out screenshots from groups on Telegram — a popular messaging service for QAnon supporters — on Wednesday, after the transfer of
power was officially complete. "Been played like fools," one wrote.
Roose noted that one
particularly prominent QAnon figure publicly
announced that supporters need to "go back to our lives as best we are
able," rather than continue trying to overthrow Biden's presidency.
Will Sommer, who
tracks conservative media and is working on a book about QAnon,
wrote in the Daily Beast that
even late on Wednesday morning, QAnon groups were still
hopeful that the mass arrests would materialize. But after noon, "the mood
changed quickly," Sommer wrote, with supporters saying they felt fooled by
Trump and felt sick.
Feeling fooled may
not lead to a return to normalcy. One researcher told NBC News that
frustrated, disappointed Q followers could be prime targets for radicalization by
other extremist groups, like neo-Nazis.
And, of course,
not every Q follower is giving up the faith. (An appropriate word — some cited
in The Atlantic argue Q is best understood as a religious
movement.) (See Attachment 4 D)
In business
news, (Attachments Eight B, C, D), My Pillow chief executive Mike Lindell — an
avid Trump backer who has repeatedly pressed debunked claims the 2020 election
was rigged — said Kohl’s, Bed Bath & Beyond, Wayfair and other retailers
are dropping
his products. Corporate donors to
Team Trump are ditching their one time political paramour and some social
butterflies and Demodonors are bemoaning the lack of
inaugural pageantry and the cutting off of post-inaugural balls. And, despite President Trump’s guarantee that
replacing him would cause Wall Street to tremble and totter, the deposition and
inauguration actually inspired the stock markets onwards to newer and record-er heights.
(Attachment 8 E)
And so, with Trumpu Roi presumably
headed out the door, down the red carpet and over the sea (in Air Force One, no
less) to Mar-A-Lago… the Sea to Lake) let us revisit the closing scene of
Alfred Jarry’s “Ubu Roi” to
punctuate the sending off of Djonald Unhors’d with the festivities he so richly deserves and
append said small morsels of mayhem to the notable events of the week.
Deposed from the throne of Poland (a term for “nowhere” at the
play’s staging in 1896, inasmuch as that unfortunate country was partitioned
between Russia and Germany) by his enemies, betrayed by his underlings and by
the Russians, Pere and Mere Ubu and his surviving palatins including Pile and Cotice
are sailing off in search of new frontiers to conquer…
|
JANUARY 15 –
JANUARY 21 |
||
Friday, January 15, 2021 Infected: 23,520,561 Dead: 387,986 Dow: 30,874.26 |
POTUS-E
Joe unveils his Plan (See Attachment One) including one hundred million shot
(vaxxed) in his first 100 days, $1,400 stim
handouts, mandatory masking and possession of a rescue dog. (Well, 2 of 3.) Unnamed Congresspersons accused of
collaboration – Speaker Pelosi, after getting her podium back, promises swift
impeachment action. FBI announces
140,000 tips leading to 100 arrests (most of whom petition Trump for pardons)
and 200 new suspects. And then they
warn of… Baghdadi IUDs on American highways (don’t run over that paper
bag!). Departing MAGAmobs
mob airlines, some prohibit alcohol and guns.
Back in DC, Trump turncoating Rep. Peter Meijer (R-Mi) shows
off his new bulletproof vest while the ubiquitous Adam Kinzinger
(R-Il) shows off his death threats – though experts say the most dangerous
assassins are those who strike without warning. Giant
testing sites like Dodger Stadium converted to dodgy vaccine sites (like
Giants’ stadium) as online trolls post fake vax availability notices and
states with max vax supplies (like Florida) outlaw “vaccine tourism”. Octogenarians still wait overnight in the
cold only to get told to go away in the morning. Act
the last, Scene the last: The bridge of a ship sailing close to the wind on the
Baltic, bound for France… or Spain… or Germany… or Sea-by-Lake. On the bridge, Pére
Ubu and all his gang… Captain:
Oh, what a lovely breeze! Pére Ubu: It’s a fact
that we’re moving with a rapidity that savours of
the marvelous. We must be doing a million
knots an hour, and these knots have this to recommend them, that once done
they don’t come undone. It’s true we
have a fair wind. Pile:
What a sorry imbecile! |
|
|
Saturday, January 16, 2021 Infected: 23,859,035 Dead: 392,128 |
Inaugural
rehearsals postponed due to rumours. President Trump likely to leave DC without
congratulating Joe or attending inauguration; he will command a 21 gun salute
to Himself (perhaps dangerous) and greenlights three executions, which NBC calls
a “killing
spree”. Governors
activate what National Guardsmen are left to them, in fear that MAGAmobs dissuaded from DC will attack state capitols,
while participants are being fired and sanctioned, even if peaceful. A squall arrives. The ship heels over and the spray flies. Pére Ubu: Oh!
Ah God! We’re capsizing! We’re going all askew, your boat, it’s
going to fall over! |
|
|
Sunday, January 17, 2021
Infected:
22,404,481 Dead: 374,324 |
POTUS-E
Joe’s German shepherd “Major” becomes first “indogurated”
rescue critter into the White House, succeeding dogless
Djonald (who should have gotten one, given his lack
of friends). More Inaug
fax: a “We the People” concert (aka Geezerfest,
featuring Cher, Barbra Streisand and James Taylor) the Daily Beast called “weird”
took play today, a “Celebrate America” bash Wednesday will have some slightly
younger
talent. States shutting down government buildings
and warning Americans to stay home and watch television. Authorities get busy rounding up alt-right
bloggers and radio talk show DJs.
President Trump hides in the White House, raging and… as it turned
out, conspiring with an acting, acting, deputy, acting DOJ palatin to overturn the election at the last moment and
emerge to be sworn in again. Covid death rate said to be “stabilizing” at 1.5% of infectees. Los Angeles
County is first to top one million cases.
Captain: Everyone to leeward, set the
foresail! Pére Ubu: Oh hell no! don’t go over
to the same side. That’s very
unwise. And supposing the wind
changes: we’ll all go down to the bottom of the sea and the fishes will eat
us! |
|
|
Monday, January 18, 2021
Infected:
23,951,960 Dead: 397,600 Dow: 31,068.39
|
It’s
Martin Luther King Day. “The time is
always right for us to do the right thing,” he said. Dr. Fauci says
President-Elect Joe’s 100K/100 day promise is the
right thing… “absolutely doable.”
President Trump remains reviled for his campaign ads showing King’s
portrait over “a fearmongering montage of vandalism, looting and American
flags burning” (Hollywood Reporter). Authorities are now checking and vetting
their troops to weed out suspected MAGAcollaborators. FBI says rioters stole Congressional papers
and Pelosi’s laptop to sell to the Russians… pundit Gayle King asks: “how
does (America) protect itself from itself.” Group dragnets haul in “Cowboys for Trump” while ordinary, nonviolent,
nongroup mobsters stammer that they went to the Capitol “because Trump told
us to.” The New Yorker reports one
knucklehead saying, when they arrived: “While we’re here, we might as well
set up a government.”
As deaths near 400K, CDC predicts half a million by this time, next
month. TV’s Dr. Jah says two doses
much more effective than one… up to 95% effective (which still makes visiting
elderly relatives risky). Seventy-two
2021 Australian Open tennis players get it – quarantines may mean
cancellation. Captain:
Fall off! Pére Ubu: What do
you mean, fall off! I don’t want to
fall off, I want to get there. I’m in
a hurry. Don’t fall off, do you
hear? It’s all your fault, brute of a
Captain, if we don’t get there. We
ought to be there already. Oh oh! But I’m going to take command! Ready about! About ship!
Let go the anchor, go about in stays, wear ship, hoist the sails, haul
down the sails, helm up, helm down, helm sideways. You see, it’s going a treat. Bring the ship athwart the saves and
that’ll be perfect! (All are
convulsed with laughter. The breeze freshens.) |
|
|
Tuesday, January 19, 2021 Infected: 24,246,250 Dead: 401,174 Dow: 30,930.52
|
Frenzied
fumigation freshens the White House to purge its viral, flatulent and moral
evils. National Guard vetting results
in purging of at least a dozen suspected Trump collaborators. Some 200,000 American flags replace
inauguration spectators. On his last
day in power, Djonald Unhinged invokes
Himself. Pence, unhanged, deserts
appearance at Trump farewell speech to join Biden. FBI calls one Thomas Caldwell the 1/6
mastermind, not counting the obvious. (See references to the obvious,
above.) Pelosi laptop thief captured,
making America safe from Russians. Vax
distribution still chaotic and beset by scams. Costco enlisted to help distribute vaxxes as a third of all new Cal. cases are UK
variant. Multi-Inflammatory Systems
(MIS-C) now striking children too – over 200K kids get sick in one week. Captain:
Haul down the mainsails, veet the
topsail. Pére Ubu: That’s not bad, that’s even good. Do you
hear, Monsieur the Crew? Haul down the
main bib and reach for your tonsils.” (Several die laughing. A wave is shipped.) Pére Ubu: Oh – what a deluge!
That’s a result of the maneuvres (sic) we
ordered. Pile and
Mere Ubu: What a delicious thing navigation is! (Second wave shipped.) Pile (drenched): Beware of Satan and his
pumps and vanities! Pére Ubu: Sire steward, bring us something to drink! |
|
|
Wednesday, January 20, 2021 Infected: 24,432,829 Dead: 405,400 Dow: 31,062.47 |
It’s
Inauguration Day. Joe is sworn in 12 minutes early, Kamala too, then the 3
new Senators. See his Speech (Attachment Twelve); pundits call it “forward
looking” and Deborah Norville (Inside Edition)
wonders what the late night comedians will do now? Festivities include Youth Poet Amanda
Gorman (Attachment Fourteen), Lady Gaga and Tom Hanks hosting online artists
(see above); Joe unveils his Presidential theme song, Laura Brannigan’s
Gloria. Terry Moran (ABC) calls the ceremonies
“less entertaining, more serious”. Security now says the most dangerous
danger will be “drones”. Rioters said
to have wanted to “turn on the gas” on politicians. Trump scampers from the White House to the
familiar strains of “My Way” and “YMCA” after spending his last hours issuing
73 pardons and 143 clemencies. (Steve
Bannon gets one but Trump chooses not to self-pardon, family-pardon or
Rudy-pardon… see Attachment Ten.) When
only 200 cultists show up at Andrews Air Force Base, Ivanka cries. Then, vowing to form a Patriot Party of his
own, Djonald Unfriended waves from Air Force One
preparatory to flying south, like a blue footed booby. (See Attachment Thirteen) “I go from this majestic place with a
loyal and joyful heart, an optimistic spirit, and a supreme confidence that
for our country and for our children, the best is yet to come.” Melania
also voices her farewell to America, adding “Being your first lady was my
greatest honor.” “What
we've done,” replies Djonald UnPresidented,
“that's true honey, great job, what we've done has been amazing, by any
standard.” Citing his tax cuts for the
rich, his three new SCOTUSoids and, of course, Space Force,
he informs America: “We were not a regular administration. “I hope they don't raise your taxes. But if they do, I told you so.”
And the plague, though ignored for the day, soldiers on. Mere Ubu: Ah,
what a delight it will be to see our sweet France again, our old friends and our
castle of Mondragon! (Mar-a-Lago) Pére Ubu: Mmm, we will soon be
there. We are just below the castle of
Elsinore at the moment. Pile:
I feel quite cheered up at the idea of seeing my dear Spain again. Cotice: Yes, and we’ll dazzle our compatriots with
tales of our marvelous adventures! Pére Ubu: Hm! I should
think so. And I’ll get myself
nominated Master of Finances in Paris. |
|
|
Thursday, January 21, 2021 Infected: 23,077,247 Dead: 384,764 Dow: 30,991.52 |
Joe
gets to work issuing Executive Orders, mending fences with foreign agents
(like Paris Climate and W.H.O) that Trump terminated, promising 100 million vaxxes in 100 days, ordering mask mandates and DPA speedups,
and bargaining with Minority Leader Mitchy to
confirm a cabinet temporarily crowded with “actors” (Attachment Five). New Press Secretary Jen Psaki promises a
more open relationship with the media, even the fake newsies, and Biden tells
his staff (such as it is) not to disrespect anybody, even Republicans. Lindsey Graham, however, snarls: “If you
want to erase Trump from the Republican party, you will be erased.” (Cue Aaron Burr) Plague fighters rejoice – Dr. F calls the
new Administration’s support of science “liberating”, Dr. Jah predicts a new
normal by summer, but no more big, indoor concerts… never! Trump holdovers Redfield (CDC) and Jerome
Adams (Surgeon General) are thanked for their service and escorted out, back
into the private sector. Vax tourism
in Florida now blamed on wealthy foreigners from India and Argentina and
Dubai is selling shots for $30,000 (while Mr. Lori Loughlin slowly goes
insane in prison). Amazon says it will
compete with Costco in vax marketing. Speaking of which, youth poet Gorman’s
books hit #1 and #2 on Amazon and she hits the book circuit, promising to run
for President in 2036 and declaring: “Quiet isn’t peace!”
But a shroud of calm is descending over DC. The Steel Wall around
Washington’s hotspots starts coming down, although violent protests continue
in Portland and, of course, Seattle… as on the way to another place, Trump,
himself, heaps more praises on his administration and promises a triumphant
return. “From a great hall of Muslim leaders in Riyadh,” the Ex-President rambles onwards,
“to a great square of Polish people in Warsaw; from the floor of the Korean
Assembly to the podium at the United Nations General Assembly; and from the
Forbidden City in Beijing to the shadow of Mount Rushmore, I fought for you…
I will always fight for you. I will be
watching, I will be listening…” he exhorts, “…We will be back in some form.” Pére Ubu: Fierce and inhospitable sea that loves the
country called Germania, thus named because all its inhabitants are cousins . German(e). Mere Ubu: That’s what I call erudition. They say it’s
a very beautiful country. Pére Ubu:
Ah gentlemen! However beautiful it can
never equal Poland. If there weren’t
any Poland, there wouldn’t be any Poles! |
|
|
The biggest surprise
of the Biden inauguration… no surprises!
Don Jones more or
less broke even… if a Democrat, he celebrated, if a Republican, he
seethed. As the plague has no politics
and kept escalating, the economy… buoyant for a while… began backsliding again,
both in terms of the Misery Index (especially last week’s gasoline inflation
plus unemployment) as well as a spike in Americansd
dropping out of the workforce (which, to be fair, could also be blamed on the
end of the holiday spending season). On
the other hand, the stock market… which Mister Trump vowed would collapse under
President Joe, soared to new heights.
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…
|
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||||||||||||||||||||||||||||
ECONOMIC INDICES (60%) |
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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 |
1/15/21 |
1/15/21 |
SOURCE |
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Wages (hourly, per capita) |
9% |
1350 pts. |
1/15/21 |
+0.88% |
1/29/21 |
1,423.50 |
1,423.50 |
|
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Median Income (yearly) |
4% |
600 |
1/15/21 |
+0.03% |
1/29/21 |
666.99 |
667.18 |
http://www.usdebtclock.org/ 35,306 |
|
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Unempl. (BLS –
in millions |
4% |
600 |
12/1/20 |
nc |
1/29/21 |
299.34 |
299.34 |
|
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Official (DC – in millions) |
2% |
300 |
1/15/21 |
-0.14% |
1/29/21 |
365.96 |
366.48 |
http://www.usdebtclock.org/ 10,614 |
|
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Total. (DC – in millions) |
2% |
300 |
1/15/21 |
+1.43% |
1/29/21 |
315.54 |
311.03 |
http://www.usdebtclock.org/ 18,363
629 |
|
||||||||||||||||||||||||||||
Workforce
Participation Number (in
millions) Percentage
(DC) |
2% |
300 |
1/15/21 |
-0.05% -0.05% |
1/29/21 |
311.60 |
311.45 |
In
149,933 Out 100,619 Total: 250,552 http://www.usdebtclock.org/ 59.84 |
|
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WP Percentage (ycharts)* |
1% |
150 |
12/1/20 |
nc |
1/29/21 |
151.99 |
151.99 |
http://ycharts.com/indicators/labor_force_participation_rate 61.50 nc |
|
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OUTGO |
(15%) |
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|
||||||||||||||||||||||||||||||||
Total Inflation |
7% |
1050 |
1/15/21 |
+0.4% |
1/29/21 |
1,021.38 |
1,021.38 |
http://www.bls.gov/news.release/cpi.nr0.htm +0.4 |
|
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Food |
2% |
300 |
1/15/21 |
+0.4% |
1/29/21 |
284.12 |
284.12 |
http://www.bls.gov/news.release/cpi.nr0.htm +0.4 |
|
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Gasoline |
2% |
300 |
1/15/21 |
+8.4% |
1/29/21 |
342.69 |
342.69 |
http://www.bls.gov/news.release/cpi.nr0.htm +8.4 |
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Medical Costs |
2% |
300 |
1/15/21 |
+0.1% |
1/29/21 |
289.95 |
289.95 |
http://www.bls.gov/news.release/cpi.nr0.htm +0.1 |
|
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Shelter |
2% |
300 |
1/15/21 |
+0.1% |
1/29/21 |
295.21 |
295.21 |
http://www.bls.gov/news.release/cpi.nr0.htm +0.1 |
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WEALTH |
(6%) |
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Dow Jones Index |
2% |
300 |
1/15/21 |
+0.60% |
1/29/21 |
337.89 |
339.90 |
https://www.wsj.com/market-data/quotes/index/DJIA 31,176.01 |
|
||||||||||||||||||||||||||||
Sales (homes) Valuation (homes) |
1% 1% |
150 150 |
12/23/20 |
+ 20.72% + 3.76% |
1/29/21 |
196.44 169.35 |
196.44 169.35 |
https://www.nar.realtor/research-and-statistics
Sales (M):
6.69 Valuations (K): 310.8 |
|
||||||||||||||||||||||||||||
Debt (Personal) |
2% |
300 |
1/15/21 |
+0.07% |
1/29/21 |
280.88 |
280.69 |
http://www.usdebtclock.org/ 62,661 |
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AMERICAN
ECONOMIC INDEX (15% of TOTAL INDEX POINTS) |
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NATIONAL |
(10%) |
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Revenues (in
trillions) |
2% |
300 |
1/15/21 |
+0.09% |
1/29/21 |
295.60 |
295.86 |
debtclock.org/ 3,456 |
|
||||||||||||||||||||||||||||
Expenditures (in tr.) |
2% |
300 |
1/15/21 |
- 0.09% |
1/29/21 |
223.45 |
223.25 |
debtclock.org/ 6,654 |
|
||||||||||||||||||||||||||||
National Debt (tr.) |
3% |
450 |
1/15/21 |
+0.10% |
1/29/21 |
333.10 |
332.78 |
http://www.usdebtclock.org/ 27,819 |
|
||||||||||||||||||||||||||||
Aggregate Debt (tr.) |
3% |
450 |
1/15/21 |
+0.10% |
1/29/21 |
384.44 |
384.04 |
http://www.usdebtclock.org/ 82,246 |
|
||||||||||||||||||||||||||||
GLOBAL |
(5%) |
|
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|
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Foreign Debt (tr.) |
2% |
300 |
1/15/21 |
+0.01% |
1/29/21 |
291.83 |
291.80 |
http://www.usdebtclock.org/ 7,096 |
|
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Exports (in
billions – bl.) |
1% |
150 |
1/1/21 |
- 4.42% |
1/29/21 |
153.23 |
153.23 |
|
|||||||||||||||||||||||||||||
Imports (bl.) |
1% |
150 |
1/1/21 |
-0.80% |
1/29/21 |
139.15 |
139.15 |
|
|||||||||||||||||||||||||||||
Trade Deficit (bl.) |
1% |
150 |
1/1/21 |
- 9.52% |
1/29/21 |
106.29 |
106.29 |
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|
||||||||||||||||||||||||||||
SOCIAL INDICES
(40%) |
|
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ACTS
of MAN |
(12%) |
|
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World Peace |
3% |
450 |
1/15/21 |
-0.5% |
1/29/21 |
405.12 |
403.09 |
NoKo parades “world’s most powerful
ballistic missile”; Kim nears recouping of his “world’s craziest dictator”
crown. Poisoned politician Navalny
rockets back to Russia to fight on, is arrested upon touchdown. Billionaire Jack Ma emerges from Chinese
seclusion, remains silent. Masses of
migrants surge north from Honduras (see “Justice” below) into Guatemala,
destination Mexico, then the U.S.
Armin Laschet elected Premier of
Germany. President Yow of Uganda wins
6th term, defeating Bobby Wine.
Surprise: corruption alleged. |
|
||||||||||||||||||||||||||||
Terrorism |
2% |
300 |
1/15/21 |
+1.0% |
1/29/21 |
247.06 |
249.53 |
Inauguration
proceeds peacefully. Liberal media gush
over strange stories emerging from Capitol occupation. Suicide bomber kills 28 in Baghdad. Soursports
vandalize Democratic headwuarters in Portland, OR
(too little, too late). |
|
||||||||||||||||||||||||||||
Politics |
3% |
450 |
1/15/21 |
+0.8% |
1/29/21 |
430.48 |
433.82 |
Trump goes bye bye… his bipartisan legacy:
Rep. Strategist calls him “Frankenstein; Dem. Strategist Tara Narula says
“Democracy wins, today.” Authorities
are interrogating Trumper Michael Cohen over his
taxes (or lack thereof). MAGAfans in low places troll Garth Brooks for receiving
hair transplants and giving aid and comfort to the enemy. “We can play cancel culture, too.” Lone soldier seen holding vigil over the
grave of Beau Biden. |
|
||||||||||||||||||||||||||||
Economics |
3% |
450 |
1/15/21 |
+0.2% |
1/29/21 |
400.73 |
401.53 |
Trader Joe’s joins Dollar General in paying workers to vaxx up. Google
buying out FitBit (and all its users’
metadata). Bill Gates becomes
America’s biggest landowner (he prefers “farmer”) with 250,000 acres. |
|
||||||||||||||||||||||||||||
Crime |
1% |
150 |
1/15/21 |
+0.6% |
1/29/21 |
264.33 |
262.74 |
Angry black muggers rob, then execute (white) Philadelphia
dogwalker. Down on the heels of Ft.
Hood, Killeen, TX, cop shoots another unarmed blackman;
Toledo killer shoots cop. Leader of
Baltimore’s “safe streets” program shot and killed. Man/Wife team of Alabama church burglars
argue over the take – she murders him. |
|
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|
|
|
|
|
|
||||||||||||||||||||||||||||
ACTS of GOD |
(6%) |
(with, in some
cases, a little… or lots of… help from men, and a few women) |
|
|
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|
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Environment/Weather |
3% |
450 |
1/15/21 |
-0.4% |
1/29/21 |
426.60 |
424.89 |
West Coast gets triple
dose of wind, rain and heat… winter’s coldest day Jan. 15th finds
temperatures at LAX in the 90s. 100
mph winds whip some areas. Midwestern
blizzards travel east, blanketing Tennessee to Maine. Monarch butterflies said to be nearing
extinction as ecologists cross fingers over Joe’s rejoining Paris climate
accords. |
|
||||||||||||||||||||||||||||
Natural/Unnatural
Disaster |
3% |
450 |
1/15/21 |
+0.7% |
1/29/21 |
415.64 |
418.55 |
Hard times in
Indonesia, over 70 die in plane crash, 34 in unrelated earthquake. The inaugural disaster in DC… no disaster. |
|
||||||||||||||||||||||||||||
LIFESTYLE/JUSTICE INDEX (15%) 0.83 |
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|
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|
|
|
|
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|
|||||||||||||||||||||||||||||||
Science, Tech, Education |
4% |
600 |
1/15/21 |
-0.1% |
1/29/21 |
651.56 |
650.91 |
Virgin Orbit
launches ten more satellites.
Educators profess to see the usual “light at the end of the tunnel” re
in-person school reopening. College
debt soars to 1.7T (($80K per degree issued) and inspires artists to create sarcastic
“DaVinci of Debt” sculpture. |
|
||||||||||||||||||||||||||||
Equality (econ./social) |
4% |
600 |
1/15/21 |
-0.1% |
1/29/21 |
574.51 |
573.94 |
Plague said to
have wiped out women’s economic gains – shut from school childcare a
particular factor. |
|
||||||||||||||||||||||||||||
Health |
4% |
600 |
1/15/21 |
nc |
1/29/21 |
507.86 |
507.86 |
Health fanatics ask: Can
Biden take his Peloton with him to the White House? Yes, NYT cybersecurity
experts say, but the bike may need some adjustments. |
|
||||||||||||||||||||||||||||
Plague |
+0.3% |
- 200.61 |
- 200.01 |
Bells
rung 400 times for the plague dead as toll tops 400,000. Rochelle Walensky
takes over at CDC. First anniversary
of first Covid case in USA. Happy fuckin’ birthday! Media call Biden plague plan “maddeningly
obvious”… but at least it’s a plan. |
|
||||||||||||||||||||||||||||||||
Freedom and Justice |
3% |
450 |
1/15/21 |
+0.2% |
1/29/21 |
448.84 |
449.74 |
Honduran
President to be tried as narcopolitician. Samsung scion convicted of corruption. A court in
Bangkok sentenced a woman to more than 43 years in prison for criticizing Thailand’s monarchy. National
Rifle Assn. declares bankruptcy; moves headquarters from sissy New York to
macho (but uncomfortably Mexicanizing) Texas.
Bed, Bath & Boycott cancels Trumpish “My
Pillow”. |
|
||||||||||||||||||||||||||||
MISCELLANEOUS and TRANSIENT
INDEX (7%) |
|
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Cultural incidents |
3% |
450 |
1/15/21 |
-0.1% |
1/29/21 |
489.82 |
489.33 |
Betty White turns
99, chows down on hotdogs and fries; youngster James Earl Jones (only 90)
prefers strawberry shortcake. Dolly Parton celebrates 75th, no
food listed, but she does call for “small acts of kindness”. Actor Armie
Hammer accused of cannibalism (gloats Q-Anon: See? See!)
Mets GM fired for sex crimes.
RIP Joanna (Mrs.) Rogers at 92, record producer (and killer) Phil
Spector of plague at 81, Hall of Fame pitcher Don Sutton, home run king Hank
Aaron. |
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Miscellaneous incidents |
4% |
450 |
1/15/21 |
+0.1% |
1/29/21 |
468.82
|
469.29
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AKC
dog show opens. Homeless man squats
Chicago O’Hare airport for three months.
Whiny SSpreader teen Skyler Mack released
early from Cayman Is. prison, hits the TV circuit. Lucky lotto winner takes 750M prize but the
other billion-plus jackpot still active. |
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The Don Jones Index for the week
of January 15th through January 21st, 2021 was DOWN
0.49 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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BACK
See further indicators at Economist – https://www.economist.com/economic-and
inancialndicators/2019/02/02/economic-data-commodities-and-markets
ATTACHMENT ONE – from President Joe via Investopedia
Joe Biden's
Economic Plan
Updated Jan 15, 2021
TABLE OF CONTENTS
·
Taxes
·
Infrastructure
and Climate Change
President-elect Joe Biden campaigned on an economic
platform to shore up the middle class, extend healthcare, raise taxes on the
wealthy, and invest trillions of dollars in green energy infrastructure, among
other issues. He'll also have to deal with the rising costs of battling the
coronavirus pandemic, and the economic damage it has caused. Here are the
details on his COVID-19 stimulus plan and larger policy goals.
Watch for further developments once Biden is
inaugurated on Jan. 20 and the 117th Congress, which opened on Jan. 3, gets
down to work—especially when newly elected Vice President Kamala Harris becomes
president of the Senate and the election of two Georgia Democratic senators
means the party gains control of both houses of Congress. (See Attachment Six)
JOE BIDEN'S
ECONOMIC POLICY: TOP LINE AGENDA
·
Provide health
insurance coverage for 97% of Americans in 10 years.
·
Raise an additional $4
trillion in tax revenue by increasing top tax rate to 39.6%, taxing capital
gains at ordinary rates and raising the corporate tax rate to 28%.
·
Forgive student loan
debt and make college free for those making up to $125,000.
·
Raise minimum wage to
$15 an hour and repeal "right to work" laws.
·
Expand "Buy
American" policies through government purchasing, while using subsidies,
federal matching, and incentives to make American products more competitive.
·
Invest $1.3 trillion
in infrastructure over 10 years.
·
Spend $2 trillion on
clean energy during first term as president.
The American
Rescue Plan
President-elect Joe Biden formally announced his $1.9
trillion COVID-19 stimulus plan on January 15. "There is real pain overwhelming
the real economy.....You won’t see this pain if your score card is how things
are going on Wall Street," he said in his speech in Wilmington, Delaware.
He referred to what many economists are calling a K-shaped recovery, adding that "the
wealth of the top 1% has grown by roughly $1.5 trillion since the end of last
year — four times the amount for the entire bottom 50%."
Funding the assault on the virus, strengthening the
social safety net for those pushed to the brink and helping state and local
governments are the main goals of the American Rescue Plan. In the first 100
days of his administration, he wants to reopen most schools and have 100
million vaccine doses administered.
In the coming weeks, he will announce a separate
economic recovery plan, which will include investments in infrastructure,
manufacturing and other spending unrelated to COVID-19 to "create millions
of additional good-paying jobs, combat the climate crisis, and build back
better than before."
The American Rescue Plan doesn't mention tax
increases, which means the federal government will pay for it with debt. The
president-elect has spoken strongly against deficit worries during the
pandemic, earning praise from progressives in his party like Bernie
Sanders.
The main elements of the American Rescue Plan are as
follows:
·
Direct aid ($1 trillion): $1,400 per-person checks to supplement the $600 checks
going out now. Extending emergency unemployment insurance and eviction
moratoriums through September 2021 and raising the former to $400/week.
Notably, he is asking Congress for automatic economic triggers so that
people don't bear the brunt of legislative delays. $25 billion in rental
assistance and $5 billion to cover home energy and water costs. $5 billion in
emergency assistance for homeless. Child care and food program funding. Expanding child care tax credit for one year.
Raising the federal minimum wage, which has been at $7.25 an hour since 2009,
to $15 an hour.
·
Public health effort and reopening schools ($400
billion): A $20 billion
national vaccination program, $50 billion "massive" expansion of
testing, hiring 100,000 more public health workers, $30 billion into the
Disaster Relief Fund for PPE etc. $130 billion to open most schools by spring.
He also wants OSHA to issue rules that protect all workers.
·
Support local communities ($440 billion): Help for governments dealing with revenue
shortfall to keep front line public workers on the job. Small business grants
and loans. $20 billion for public transit agencies.
·
Beefing up cybersecurity ($10 billion): In the wake of the SolarWinds hack which affected
federal agencies, Biden wants to modernize and secure federal information
technology.
Healthcare
Official data from the United States Census Bureau
indicates that the uninsured rate at time of interview in 2019 was 9.2% vs. an
uninsured rate of 8.9% in 2018. Between 2018 and 2019, the number of people
without health coverage decreased in one state, but increased in 19 states.
Overall, the number of people with no health insurance for the entire year was
lower at 8% in 2019, compared to 8.5% in 2018. 1
Biden has railed against the Trump administration's
countless attacks on the Affordable Care Act. As president he has
promised to protect and build on the ACA. Although he wants to ensure
healthcare as a right and not a privilege, he does not support Medicare-for-all
or eliminating private insurance because it would mean getting rid of Obamacare
and starting over on political negotiations. He also argued during the Sept.
12, 2020 debate that Medicare-for-all would cost more than $30 trillion over 10
years.2
Biden says his healthcare proposal will expand
Obamacare so that 97% of Americans are insured and will cost $750 billion over
10 years. He wants to introduce a public health insurance option like Medicare
that will be available premium-free to individuals in states that haven't
expanded Medicaid and to people making below 138% of the federal poverty level.2
He also wants to eliminate the 400% federal poverty level income cap for tax credit eligibility and lower employees' maximum contribution for coverage to 8.5%. In addition to this, he promises to bar healthcare providers from “surprise billing” patients with out-of-network rates, address market concentration in the industry, allow Medicare to negotiate lower prices with drug manufacturers, establish an independent review board that will recommend a reasonable price for drugs with no competition, penalize drug price increases over the inflation rate, end the tax deducti