Congress Passes Historic Housing Bill
NewsScope for July 28, 2008. Last week Congress passed an historic housing bill aimed at containing a vast and complex economic crisis, one that has the potential for a financial meltdown on the scale of the Great Depression. The taxpayer-financed rescue package props up mortgage giants Fannie Mae and Freddie Mac, and ideally, will begin to stabilize the falling dollar, volatile markets, and skyrocketing energy and fuel prices.
The chief architect for the bill, Treasury Secretary Henry Paulson (March 28, 1946), was born with his pioneering Aries Sun opposite Neptune, giving him vision to apply to this innovative program. While Neptune can deceive, bringing false hope and unrealistic ideas, Paulson's Sun is also trine Pluto, which is more empowering and resourceful. The August 1 Solar Eclipse lands precisely on Paulson's Pluto (orb 0º02'), which is when Bush is expected to sign the bill.
Still, the potential downside of this bailout is catastrophic. Transiting Pluto, with its back and forthing across 0º Capricorn, is at a critical point in the most vital U.S. horoscopes. These include the Federal Reserve's chart, which was created when the
Solar Eclipse Hits Fannie Mae
NewsScope for July 14, 2008. Shares of Fannie Mae and Freddie Mac (the home loan guarantors) plummeted last week, driven down by the worsening housing crisis. Although the U.S. Secretary of the Treasury said a bailout was not an immediate possibility, The New York Times reported that the Bush administration is considering a government takeover, which would guarantee the companies' $5 trillion exposure, essentially doubling the size of the national debt.
Fannie Mae, the original and largest of the home loan providers, became a private corporation on August 1, 1968 (noon, Washington D.C.). The Moon is found at 8º Scorpio, exactly conjunct the U.S. Scorpio Ascendant, and reflects the company's consumer-oriented policies. Also, Mars in the home-ownership sign of Cancer squares Saturn in eager Aries, which becomes problematic when company growth surpasses natural limits.
Neptune is found in the second house of Fannie Mae's assets, where it squares Venus. This placement has been under celestial stress over the past few years due to transiting Neptune's square
... NeptuneCafe presents ...
The Astrology of the Credit Crunch
Financial astrology is a difficult branch of the celestial arts, with a variety of complex techniques available to make forecasts. A common approach is to use planetary cycles as markers of troughs and peaks. Another approach is to track national economic trends using the national horoscope, which is one of the primary methods used here. For a deeper look, visit economy
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The Oil Bubble
NewsScope; June 10, 2008. Last Friday an unprecedented $10 surge in oil prices accompanied by the highest rise in unemployment figures in 22 years sent the stock markets tumbling, with the Dow losing nearly 400 points. Just the day before, billionaire investor George Soros testified before a Senate committee that it needs to act immediately to avoid a speculative bubble in the price of oil.
As described last week, oil prices are in an extremely volatile phase now because transiting Uranus is opposing the U.S. Neptune. In the Scorpio Rising horoscope, Uranus is passing through the Fifth House of speculation. As Soros was testifying, Uranus was only 0º03' from opposing the U.S. Neptune. His message was that institutional investors are now acting like speculators, which is creating a bubble in oil prices.
The last time Uranus was in the U.S. Fifth House and opposite Neptune was in 1925 at the height of the Teapot Dome scandal. At the time, the trials surrounding the improper leasing of an oil field in Wyoming were billed as the largest government scandal of the century. A few years later, when the stock market crashed, those implicated in the oil scandal were among the first to lose their fortunes.
Bubbles tend to pop when the outer planets are forming major configurations, usually involving Uranus, the planet of the unexpected. The dot-com tech bubble burst in April 2000, as transiting Jupiter and Saturn were conjunct while squaring Uranus. The crash on October 19, 1987 unfolded as transiting Jupiter and Uranus were exactly trine, and Uranus itself was squaring the U.S. Neptune. We'll watch with anticipation as transiting Saturn and Uranus oppose each other in a few months.
Neptune and the Oil Futures
NewsScope; June 3, 2008. Last week oil prices hit a record high of $135/barrel, continuing an alarming trend that began four years ago when a barrel of crude cost under $50. Sales of SUVs have plummeted 25 percent since last year, while demand for the more fuel-efficient
Solar Eclipse Hits Fannie Mae
NewsScope for July 14, 2008. Shares of Fannie Mae and Freddie Mac (the home loan guarantors) plummeted last
A New World Order on Wall Street
NewsScope; September 22, 2008. In the greatest govern-ment intervention in the financial
The drama continues with some astrological perspectives below:
markets since the Great Depression, Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke began a series of government rescue operations designed to restore confidence in the credit markets. The Fed's bailout of AIG and the SEC's banning of short sales were the first steps preceding an historic $700 billion comprehensive federal proposal. 
more
more
week, driven down by the worsening housing crisis. Although the U.S. Secretary of the Treasury said a bailout was not an immediate possibility, The New York Times reported that the Bush administration is considering a government takeover, which would guarantee the companies' $5 trillion exposure, essentially doubling the size of the national debt. more
click here for more on the astrology of oil
cars has soared. High fuel prices are driving food prices up and airline companies out of business, and are weighing heavily on the broader economy. continued
In the Roaring Twenties, the Teapot Dome scandal was infamous. Albert B. Fall, Republican President Warren Harding's Secretary of the Interior, allowed drilling of oil reserves in the Elk Hills of south-central California and on the central
Wyoming high plains near a curiously teapot-shaped rock formation. These lands were legislatively protected during the preceding Roosevelt, Taft and Wilson administrations. Gifford Pinchot, Theodore Roosevelt's Forest Service chief and the father of modern environmentalism, prodded Democrat and progressive Senators into an investigation. Thorough Senate and legal inquiry exposed Secretary Fall, a colorful Westerner, and those involved in the drilling deals, millionaire oil industry pioneers Harry Sinclair and Edward Doheny. Unmatched until the Watergate and Clinton-Lewinsky affairs, the Teapot Dome hearings and trials, with notorious personalities, nefarious events and racy revelations, made headline fodder for a decade. Procedurally, the Teapot Dome investigations stand as a landmark in the use of congressional and special prosecutorial power.
from http://oilintheirblood.com/teapotdome.html
to natal Neptune. The manifest result has been a series of scandals and an undermining of confidence. Last week, when Fannie's share value fell 55 percent, transiting Neptune was precisely square natal Neptune.
Since Fannie's horoscope is so well-integrated with the U.S. horoscope, the company's welfare directly impacts the national economy. The Solar Eclipse on August 1 happens to be exactly conjunct Fannie Mae's Sun, a sure sign that a major overhaul is coming soon. Note also that Fannie's Pluto (which is conjunct the U.S. Neptune) is being opposed by transiting Uranus, another tell-tale sign of deepening crisis and looming disaster.
Sun and Pluto were aligned on this degree back on December 23, 1913, as well as the U.S. horoscope, which has Venus at 2º Cancer.
The U.S. Venus is conjunct Jupiter in the U.S. eighth house of credit and capital. This combination has allowed the U.S. economy tremendous monetary leverage over the last two centuries which has financed the nation's phenomenal growth. Transiting Pluto will begin to oppose the U.S. Venus-Jupiter in 2009, and continue over the following three years, indicating the dramatic transformation of the U.S. credit-based economy is just beginning.
more on the U.S. economy
Things look bad now. What will happen when Pluto opposes the U.S. Venus in the eighth house of credit ?
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Kissing Astrology is a web site for students of the celestial arts.
This page is related to the following:
Economy - second page on the recent economic shifts, derived from earlier NewsScope archives
Oil - The astrology behind the founding, evolution, and it's current role in the global economy.
Eighth House - transiting Pluto is activating the U.S. eighth house. Here's some background.
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Markets Enter Bear Territory
NewsScope for July 1, 2008. Last Friday stock prices dipped into bear territory as they closed 20 percent below the peak reached eight months ago. The credit crunch and ever-increasing oil prices were blamed, as many blue chips reached multi-year lows, including the venerable General Motors, which hit a 33-year low. Many analysts concluded that the market outlook was much worse than they had thought.
From an astrological perspective, the market top on October 9, 2007 was clearly delineated by the Jupiter-Uranus square that was exact on that date. However, it generally takes a confluence of indicators to mark a significant turning point. Simultaneous outer planet transits to the national horoscope underscore the timing. In this case, transiting Neptune in the Fourth House of the housing market was squaring the U.S. Vesta.
The asteroid Vesta is rarely used by astrologers, but in the U.S. horoscope, its position at 19 degrees of Taurus marks a highly magnetic point, with this degree often prominently featured in business horoscopes. For example, General Motors was incorporated on September 16, 1908 (12:00 pm, Camden, NJ). The GM Chiron is located at 19 Aquarius, exactly square the U.S. Vesta. GM is now going through its second Chiron Return, and it's deeply wounded, as are all American automakers.
At the moment, there are no major outer planet aspects forming that might indicate a bottoming. To the contrary, transiting Uranus opposite the U.S. Neptune shows an ongoing crisis in oil markets. Also, transiting Neptune and Chiron are traveling together through the U.S. Fourth House, and in the process, are squaring the U.S. Vesta, implying an investment crisis (Vesta) in the housing market
Pluto Challenges Capital Markets
NewsScope; September 15, 2008. After the U.S. Treasury made it clear that it could not bail out Lehman Brothers last week, shares of the venerable investment bank plummeted, along with A.I.G, Washington Mutual, and other financial
Pluto Challenges Capital Markets
NewsScope; September 15, 2008. After the U.S. Treasury made it clear that it could not bail out
Lehman Brothers last week, shares of the venerable investment bank plummeted, along with A.I.G, Washington Mutual, and other financial firms that many experts consider too big to fail. As one hedge fund president said, "You have to think of this like there's an epidemic going on – an epidemic of capital destruction."continued below
continued below
firms that many experts consider too big to fail. As one hedge fund president said, "You have to think of this like there's an epidemic going on – an epidemic of capital destruction."
A week ago, when Pluto turned direct in the U.S. second house of money, the Bush administration announced that it would take over Fannie Mae and Freddie Mac, the two giant mortgage lenders. Financial markets rallied, just as they did last March when the feds bailed out Bear Stearns. But this time, Pluto is heading directly into its first opposition with the U.S. Venus, while six months ago, Pluto had turned retrograde away from the opposition to the U.S. Venus.
Only in the Scorpio Rising U.S. horoscope (July 4, 1776; 2:21 pm; Philadelphia) can the astrologer make sense of the current and pending financial crisis. With financially-savvy Scorpio on the Ascendant, four planets reside in the eighth house of capital. Uranus and Mars relate more to the technology and military sectors of the economy. Venus and Jupiter are associated with the large investment, insurance, and banking institutions.
Several years ago, when transiting Pluto opposed the U.S. Mars, Americans found themselves embroiled in a financially draining war in Iraq. Now Pluto is set to oppose Venus five times over the coming two years, with the first due on February 27, 2009. Pluto's hard aspects often bring destruction and chaos, and as it aligns with the U.S. Venus in the money houses, one might reasonably anticipate a flood of banking failures to cascade through the financial system.
Above: Pluto turns direct in the U.S. second house of wealth, and heads toward the opposition to Venus in the home-mortgage sign of Cancer. Below: Pluto first opposed the U.S. Mars in January 2004.
Personal readings are available. For more information, please visit Michael O'Reilly's Astrological Services Information
A New World Order on Wall Street
NewsScope; September 22, 2008. In the greatest government intervention in the financial markets since the Great Depression, Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke began a series of government rescue operations designed to restore confidence in the credit markets. The Fed's bailout of AIG and the SEC's banning of short sales were the first steps preceding an historic $700 billion comprehensive federal proposal.
Astrologically, the parallels to the Great Depression are sound. In the early 1930s, Saturn, Uranus and Pluto were forming a T-square in the cardinal signs, which provided the celestial pressure to undermine a mismanaged financial system. Some analysts have decried the current monetary crisis as the "greatest regulatory failure in history", as we are once again heading into a T-square involving Saturn, Uranus and Pluto in cardinal signs.
Pluto in Capricorn – The End of the
Free Market System?
NewsScope; September 22, 2008. President Reagan famously said, "Government is not the solution to our problem; government is the problem." Last week, the Bush administration gave Congress a three-page proposal that would give the Treasury Department unfettered authority to buy and sell
This chart is set for the fifth and final Saturn-Uranus opposition. Note that the two square Pluto and that Jupiter is conjunct Uranus. This celestial set-up is similar to the T-square that took palce in the early 1930s during the Great Depression
and in the eighth house of credit. Since the nation's founding, Pluto has never been in this position (in the second house, opposite Venus). We are in uncharted territory, and one can only hope that the government takeover of the financial system serves the public good, and is not just a bailout for wealthy investors.
Three outer planets forming hard aspects to each other tends to correspond to historic, seismic shifts in the socio-economic-political realm. In 2010, Uranus enters Aries while making its fifth and final opposition to Saturn, as the two form a square to Pluto in Capricorn. This T-square is shaping up now: Pluto is heading into Capricorn, and the first Saturn-Uranus opposition becomes exact in six weeks.
When comparing this developing T-square to the U.S. Scorpio Rising horoscope, the nation's Venus is in the cross-hairs. Venus is found in the home-mortgage sign of Cancer,
mortgage debt, essentially nationalizing the financial investment industry. One Republican senator commented, "The free market for all intents and purposes is dead in America."
When Pluto enters Capricorn in two months, the Treasury Department will have a mandate locked into place that gives unprecedented government control over the world's financial markets. Pluto is all about absolute power and control, while Capricorn in geopolitical terms is associated with government, institutions, and large corporations. With Pluto's path in line with the U.S. Venus, empowerment comes through financial manipulation.
Last week, Russian stocks were falling so fast that Putin's government shut down the entire stock market for four days. Russia's modern horoscope (June 12, 1990; 1:45 pm; Moscow) features an exact opposition between Venus and Pluto, which reflects the government's occasional heavy-handed manipulation of corporate assets, especially oil and gas. The crisis arrived as the transiting Sun-Uranus opposition squared Russia's Sun.
In traditional political astrology, Uranus is associated with the free market system, while Neptune is associated with socialism. Next year, transiting Neptune will be conjunct the U.S. Moon (in the fourth house of homes), when American taxpayers, consumers, and voters will be inclined to favor government bailouts of faulty mortgages. If it works out, can nationalization of the health care and energy sectors be far behind?
