THE DON JONES INDEX… |
GAINS POSTED in GREEN LOSSES POSTED in RED |
1/22/14… 15,154.07 |
|
1/15/14… 15,194.12 |
|
6/27/13… 15,000.00 |
|
(THE DOW JONES INDEX: 1/22… 16,337.38; 1/15… 16,471.50; 11/19/12…
12,592.22)
LESSON for JANUARY 22, 2014
Well, gain a little, lose a little.
Last time out, the Don enjoyed one of
its best weeks in a long, long while – due, in about equal parts – to a restructuring
of our debt and deficit indices and to a huge drop in official unemployment.
We’ve noted… courtesy of the nice
folks at Debt Clock… both the official and the unofficial jobless toll as an
appendix. Beginning next week, we are
going to split the Unemployment Index (currently a weighty 1,350 points or 9%
of the total, tied with Inflation for the uppermost factor) by thirds. Two thirds will remain posted to the official
rate but a third (450 points total) will reflect the actual number of unemployed. How Debt Clock has been able to tally the
number of those off the grid and/or not “looking for work” (or, even more
likely, those looking for work more rewarding than shoplifting or drug dealing,
but not counted because they are not receiving government benefits) remains a
mystery, even an enigma, but their other numbers are more or less reliable, so
the DJI is going to fine tune itself… just another of the many improvements
you’ll be seeing in the weeks to come.
Well, the Don came back to earth last
week. Actually, a little below… like six
feet, in the case of those who froze to death in the cold or starved or died
from lack of access to medical care. Don
froze too, (except in California where he was running from the wildfires), but
a couple of things happened that would have set his blood to boiling, had the
media chosen to inform him.
The first atrocity might not have been
so vulgar or so costly as the atrocities seeping out
of Syria, but it’s unmatched in recent history for the sheer insolence of the
doing.
A
bankruptcy court allowed the ironically-monikered
Freedom Industries the freedom to receive $4 million in credit from a “lender”
which, the court documents disclosed, was “essentially is run by the company's top executive, J.
Clifford Forrest of Pittsburgh.” The
water supplier for nine impacted West Virginia counties objected to the deal on
the grounds that Freedom Industries' financer “could foreclose on the company's
valuable assets and abandon the rest, leaving behind "only the toxic facilities
and huge damage claims caused by the Freedom spill," but eventually
capitulated to a deal drawn up by Chief Judge Ronald G. Pearson when Freedom
Industries attorney Mark Freelander warned the water
company that, since Freedom already owed so much in back taxes they’d forgotten
to pay, they would just have to shut down and let the toxic, licorish-tasting chemicals continue to flow into the Elk
River.
According to Fox News, “Department of Environmental
Protection officials have said that money was set aside to fix the cracked
containment wall that ultimately let chemicals seep into the Elk River. But
(Freedom Industries’ President Gary) Southern would not specifically say the
money was for fixing that wall.”
For his part, Southern stated that the money would
address "perception problems" for the firm caused by the spill. Freedom’s toxic turf was chain-fenced and its
spokesmen inaccessible despite a handwritten sign on the fence, advising “media”
to call (304) 545-8006. So go ahead and
call. After all, we’re all media, and
some of us are mediums, too.
I guess the whole sordid story just proves the bumpersticker slogan… “Freedom isn’t free.”
Meanwhile, the still-unemployed, still-destitute folks
kicked out of America’s safety net remained so… including the individuals and
businesses whose lawsuits against Freedom were stifled by the deal. Perhaps they could’ve done better shoplifting
a gallon of antifreeze and pouring it into the water coolers on Capitol Hill.
And, on another front, the
Wall Street Journal reported yesterday that the Intercontinental Exchange Group
reported that, as a result of the cold and the snow that had blanketed the
Northeast, the price of natural gas (which had varied between ten and
twenty-five dollars per million British Thermal Units on Friday), had been
raised to $135 for deliveries beginning today… a jump of about 1000% over five days! The
poor, afflicted gas traders whined and moaned that the polar vortex was causing
such an increase in usage, that their supplies of the price-kited gas were
being drained.
At least they weren’t being
offered a bailout by the Department of Energy.
Yet…
Speaking of natural gas, the
most recent inflation disclosures by the Bureau of Labor Statistics reported
only a minor spike in home heating fuel… wait until next month for the shock…
but did report that gasoline prices rose by 3% for the month, leading an
inflationary binge that (coupled with a three cent decrease in wages, per capita) sent the Don plummeting back
downwards by about forty points.
What’s worse was how
widespread was the decline… every individual index either lost value, remained
the same or was not tallied for the week save one. That was government revenues… popularly (and populistically) referred to as taxes. SO – after the euphoria of lowered official
unemployment, Don crashed back to earth.
Not only was he down across the board, he was either freezing or on
fire. And next week could be even worse…
no football. At least we can all be
distracted by the Grammies!
_______
THE DON JONES INDEX
CHART of CATEGORIES w/ VALUE ADDED to
EQUAL BASELINE of 15,000.00
(REFLECTING…
approximately… DOW JONES INDEX
of June 27, 2013)
See a further explanation of
categories here…
Simply
recording gains or losses is deceptive, because some of the indices here
represent GOOD things
(like incomes and life expectancy) while others represent BAD
things (unemployment, terror). So, increases
in good things and decreases in bad things are considered GOOD (and are depicted in GREEN) – decreases in good things and
increases in the bad are considered BAD (and are depicted in RED).
The
sum of good things, less the sum of bad things, equals the gain (or loss) to
Don Jones.
DON JONES’ PERSONAL ECONOMIC
INDEX (45% of total Index points) |
||||||||||||||
INCOME |
(24%) |
BASE 6/27/13 |
RECKONINGS
LAST CHANGE NEXT |
DON 1/8 |
DON 1/15 |
OUR SOURCE(S) |
||||||||
Wages (per cap.) |
10% |
1500 points |
1/1/14 |
-0.3% |
1/22/14 |
1516.90 |
1512.49 |
|||||||
Equality |
5 |
750 |
9/10/13 |
n/d |
? |
711.55 |
711.55 |
|||||||
Unemployment |
9 |
1350 |
1/22/14 |
n/d |
Feb. 2014 |
1570.39 |
1570.39 |
http://data.bls.gov/timeseries/LNS14000000 6.7 (See B below) |
||||||
WEALTH |
6% |
|
|
|
|
|
|
|||||||
Dow Jones |
2 |
300 |
1/22/14 |
-0.8% |
1/29/14 |
321.30 |
318.68 |
Dow Jones index 16,337.38 |
||||||
Home Valuations
|
2 |
300 |
1/1/14 |
sales
n/d price n/d |
1/29/14 |
177.12 188.22 |
177.12 188.22 |
http://www.realtor.org/topics/existing-home-sales http://www.realtor.org/research-and-statistics prices 196.3 nd |
||||||
Debt (Personal) |
2 |
300 |
1/22/14 |
+.04% |
1/29/14 |
288.17 |
288.05 |
http://www.newyorkfed.org/research/data_indicators/household_index.html and http://www.usdebtclock.org/ 51508 |
||||||
OUTGO |
15% |
(See a – below) |
|
|
|
|
||||||||
Inflation |
9 |
1350 |
11/26/13 |
+0.3% |
Feb. 2014 |
1340.97 |
1336.95 |
|||||||
Food |
2% |
300 |
12/24/13 |
+0.1% |
Feb. 2014 |
297.45 |
297.15 |
|||||||
Gas |
2% |
300 |
12/24/13 |
+3.0% |
Feb. 2014 |
273.56 |
265.47 |
http://www.bls.gov/news.release/cpi.nr0.htm +3.0 (heating +2.4) |
||||||
Taxes |
2% |
300 |
variable |
n/d |
? |
300 |
300 |
|
||||||
|
|
|
|
|
|
|
||||||||
UNITED STATES ECONOMIC INDEX (15%) |
||||||||||||||
ANNUAL |
5% |
|
|
|
|
|
|
|||||||
Income (per cap.) |
1% |
150 |
4/23/12 |
n/d |
Yearly |
151.08 |
151.08 |
|||||||
Expends. (cnsmr.) |
1% |
150 |
12/24/13 |
n/d |
Feb. 2014 |
149.70 |
149.70 |
|||||||
U.S. Debt |
3% |
450 |
1/22/14 |
+0.07% |
1/29/14 |
434.17 |
433.87 |
|||||||
CUMULATIVE |
5% |
|
|
|
|
|
||||||||
Revenues |
1% |
150 |
1/22/14 |
+0.34% |
1/29/14 |
158.93 |
159.47 |
http://www.usdebtclock.org/ 2835.5 |
||||||
Expenditures |
1% |
150 |
1/22/14 |
+0.09% |
1/29/14 |
151.81 |
151.67 |
http://www.usdebtclock.org/ 3488.7 |
||||||
Total Debt
|
3% |
450 |
1/22/14 |
-0.04% |
1/29/14 |
436.66 |
436.47 |
|||||||
WORLD TRADE |
5% |
|
|
|
|
|
|
|||||||
Exports |
1% |
150 |
1/22/14 |
n/d |
Feb. 2014 |
157.48 |
157.48 |
http://www.census.gov/foreign- trade/statistics/highlights/congressional.html 1949.1 n/d |
||||||
Imports |
1% |
150 |
1/22/14 |
n/d |
Feb. 2014 |
147.99 |
147.99 |
http://www.census.gov/foreign-trade/statistics/highlights/congressional.html 2291 n/d |
||||||
Trade Deficit |
1% |
150 |
1/22/14 |
n/d |
Feb. 2014 |
171.87 |
171.87 |
http://www.census.gov/foreign-trade/statistics/highlights/congressional.html 343 n/d |
||||||
Foreign Debt *(c) |
2% |
300 |
1/22/14 |
+2.94% |
1/29/14 |
326.91
|
317.22
|
http://www.usdebtclock.org/ 5827.6 |
||||||
|
|
|
|
|
|
|
||||||||
EDUCATION INDEX (10%) |
||||||||||||||
World Standard |
4% |
600 |
2010 |
n/d |
Yearly |
599 |
599 |
|||||||
Test Scores |
2% |
300 |
2010 |
n/d |
Yearly
+ |
300 |
300 |
|
||||||
Dropout Rate |
2% |
300 |
2010 |
n/d |
Yearly
+ |
300 |
300 |
|
||||||
Costs |
2% |
300 |
8/15/12 |
n/d |
? |
286.36 |
286.36 |
|||||||
|
|
|
|
|
|
|
||||||||
HEALTH INDEX (10%) |
||||||||||||||
Life Expectancy |
4% |
600 |
2012 |
n/d |
unknown |
600 |
600 |
n/d |
||||||
Medical Costs |
2% |
300 |
1/22/14 |
n/d |
Feb. 2014 |
297.90 |
297.90 |
|||||||
Environment |
3% |
450 |
1/22/14 |
-1.0% |
1/29/14 |
444.93 |
440.48 |
Poison a million Americans’ water and you
get branded a terrorist and sent to Gitmo. Unless you’re a chemical company – then you
get a $4 line of credit from yourself to stiff the creditors and victims. |
||||||
Natural Disasters |
1% |
150 |
1/22/14 |
+1.0% |
1/29/14 |
140.36 |
138.96 |
No matter what they say, the polar vortex
is back… and the California wildfires raging too. Don’t need a weatherman to tell which way
this winds blowing. |
||||||
|
|
|
|
|
|
|
||||||||
SECURITY INDEX (5%) |
||||||||||||||
Crime Rates |
3% |
450 |
2013 |
+0.1% |
unknown |
447.80 |
447.80 |
n/d |
||||||
Prison Population |
1% |
150 |
2013 |
-0.1% |
unknown |
155.15 |
155.15 |
n/d |
||||||
Terrorism |
1% |
150 |
1/22/14 |
+1.0% |
1/29/14 |
146.55 |
145.08 |
Suddenly, the
winter Olympics seem on ice. Russians
blame a headscarf wearing superbabe, the Black
Widow. If she pulls off a caper, she’ll
be the idol of a billion Muslim adolescents… most of whom hate the West (if
not our culture) already. |
||||||
|
|
|
|
|
|
|
||||||||
LIBERTY INDEX (5%) |
||||||||||||||
Freedom |
3% |
450 |
11/26/13 |
n/d |
As
occurs |
460.82 |
460.82 |
n/c |
||||||
Corruption |
1% |
150 |
11/26/13 |
n/d |
As
occurs |
170.28 |
170.28 |
n/c |
||||||
World Peace |
1% |
150 |
1/22/14 |
-0.3% |
1/22/14 |
144.24 |
143.81 |
Syrian peace talks faltering –
and now political violence has spread to Thailand and the Ukraine. Behind the scenes, the Russian bear is
pulling strings… but ineptly… could Putin be headed towards a Rob Ford
meltdown? |
||||||
|
|
|
|
|
|
|
||||||||
TRANSIENT INDEX (10%) |
||||||||||||||
All |
10% |
1000 |
1/22/14 |
-0.3% |
1/29/14 |
985.93 |
982.97 |
Some weeks are good, some are
evil… this one was just plain stupid.
And we didn’t even mention Christie or the Beebs! |
||||||
SUMMARY:
The Don Jones Index for
the week of January 8th through 14th was DOWN 40.05
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 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 mere pawns in the
e-serial “Black Helicopters” -
and promise swift, effective legal action against all parties promulgating this
and other such slanders.
Comments, complaints,
donations (especially SUPERPAC donations):
feedme@generisis.com
(A)Consumer Price Index Data for December 2013 (Bureau of
Labor Statistics)
Food
The food index rose 0.1 percent in December,
the same increase as in
November. The index
for food at home was unchanged, although four of
the six major grocery
store food groups posted increases. The index
for nonalcoholic
beverages, which declined in November, rose 0.5
percent in December.
The index for dairy and related products rose
0.4 percent for the second month in a row,
while the indexes for
meats, poultry, fish,
and eggs and for other food at home both rose
0.3 percent. Offsetting these increases was a
sharp decline in the
fruits and vegetables
index; it fell 1.5 percent as the fresh
vegetables index
declined 2.7 percent. The index for cereals and
bakery products also
declined, falling 0.1 percent. The index for
food away from home
rose 0.1 percent in December after a 0.3 percent
increase in November.
Energy
The energy index rose 2.1 percent in December
after falling in
October and November.
The energy index has now risen 0.2 percent over
the last six months. The
gasoline index, which fell 1.6 percent in
November, rose 3.1 percent n December. (Before
seasonal adjustment,
gasoline prices rose
0.7 percent in December.) The fuel oil index
also rose, increasing
2.4 percent in December. The electricity index
rose 0.4 percent, its
fourth consecutive increase. The only major
energy component
index to decline was the index for natural gas,
which fell 0.4
percent, its third consecutive decrease.
(B) Unemployment (courtesy Debt Clock)
Official 10,068,111
Actual
19,988,676