About Astrology and relevance to daily life in America, and around the world.

Tuesday, April 20, 2010

Some thoughts on the Transiting Saturn/Uranus conjunction US and Financial scandals

Investment Bank ,Goldman/Sachs, is in the News , has it is being investigated by the U.S Securities Exchange Commission for fraud. Goldman/Sach is a Big, powerful and wealthy, Investment bank, it was also one of the major banks to survive the Sub-prime mortgage scandal in the U.S with help from the U.S taxpayers. All the uproar concerning The Sub-prime scandal and consequent litigation, public out cry could be partly explained astrologically by the looming Saturn/Uranus opposition that's been in the skies since the government bailout.

That configuration begins to dissolve Aug,2010.

The Saturn/Uranus opposition (Division) in the signs of Virgo and Pisces the represents, Regulation (Saturn) vs Free wheeling markets (Uranus in Pisces).
Whatever the case Saturn and Uranus represent opposite qualities. Saturn represent consensus reality, Laws, restriction...hard lessons, crystallization.

Uranus Often affects generations, representing collective consciousness, inventions, technology, explosions, it breaks the structures Saturn places.

So Saturn and Uranus are basically opposites, and by position they are in opposite tropical signs in the sky, Saturn in Virgo, Uranus in Pisces. Saturn in Virgo is interested in the fine details regulations of any kind, its interested in the letter of the law to a hypochondriacal degree. Uranus In Pisces, is kind of the black sheep in the family, it wants to break collective opinion and beliefs.

Most economist suggest that the US Markets is in need of (Saturn in Virgo) regulation and reform (Pluto). I think it is true because Investment banks and our leaders removed "age old" Checks and Balances that would have prevented some of the worse aspects of the sub-prime mortgage scandal .

Its a wonder that the Obama administration had the gumption to file these kind of charges against Goldman/Sachs, one of the biggest ,semi-successful and powerful! investment banks around. If these charges of fraud stick, the rest of these investment banks might be culpable also. There also trying sue the Rating agency "Moody's",good case of fraud there, seems like someone is truly upset.

One economist questioned whether if Goldman/Sachs really broke the law by doing what they did....packaging sub-prime mortgages ( bad loans) into securities? Selling the securities, then betting that the securities would not be paid...everybody was doing that.... So what was the crime?

"Goldman was able to “customize” securities, allegedly committing fraud under cover of the opacity that customization provided, because the securities did not trade on a public marketplace. Such a marketplace would have demanded simplicity from Goldman in creating the securities. Thousands of investors, rather than a few hand-picked third parties, could have analyzed and priced them.

The same is true in credit-derivatives markets. Opacity serves only the banks, which reap higher fees from customers who remain in the dark.
"http://roomfordebate.blogs.nytimes.com/2010/04/16/what-goldmans-conduct-reveals/ #lynn

Pluto 3' Capricorn

" The Human Soul, In Its Eagerness For New Experiences, Seeks Embodiment"." Keywords; Inner motivation leading to expansion. The urge to create. Writers and writing, Manifesting one's desires without concern for consequences.

Negative indications: Fraud (mine), denying the growth that's beckoning in favor of social responsibility. Not leaving when one should, having to seek permission to come through any "new gateway". From Lynda hill's , 360 degrees of wisdom

Astrologically, Pluto forms an apex of a T-Square (A stressful configuration consisting of two points separated by 180 degrees, an opposition aspect ed by another point which aspects both point by 90 degrees.), with Saturn/Uranus at the other ends. The point opposite the Apex, the part that creates the Grand Cross (a stressful configuration consisting of four points separated by 90 degrees each, thus ,two sets of point separated by 180 degrees, oppositions) might be the point to consider..that's Cancer 3', " An Arctic Explorer Leads a Reindeer Through Icy Canyons". Using animal instincts to get through tough times. Negative, "taking those unfamiliar to the situation and unwittingly or wittingly (mine) heading towards danger."

Maybe there are some good things to be said about free markets, Uranus in Pisces/Aries Vs Regulation, Saturn In Virgo/Libra...

First if there were truly a free market in America, then we wouldn't have had to bail out those banks during the sub-prime scandal. The market would have taken over, be might be in better straights today.

Second.... in the case against Goldman/Sachs. if there was a free-market economy in America, Goldman/Sachs and others might not have been able to sell those bad securities, since they would have been in a public marketplace, and subject to review by many potential buyers.

Seem that the current legislation , the passing of the commodities futures modernization act made it possible for companies like Goldman/Sachs to sell those bad deals oversea, without outside review.

"Now, we learn that the S.E.C. charges that Goldman Sachs should be added to the list of elite financial frauds.

It is a tale of two (unrelated) Paulsons. Hank Paulson, while Goldman’s chief executive, had Goldman buy large amounts of collateralized debt obligations backed by “liar’s loans” (low-grade mortgages). He then became U.S. Treasury Secretary and launched a successful war against securities and banking regulation. His successors at Goldman realized the disaster and began to “short” C.D.O.s. .........

The S.E.C. complaint says that Goldman defrauded its own customers by representing to them that the C.D.O. was “selected by ACA Management.” ACA was supposed to be an independent group of experts that would “select” nonprime loans “most likely to succeed” rather than “most likely to fail.” The SEC complaint alleges that the representations about ACA were false
." http://roomfordebate.blogs.nytimes.com/2010/04/16/what-goldmans-conduct-reveals/ #lynn

Well having Uranus shoot off into Aries doesn't seem bode well for the forces wanting to regulate things. Further more, the tightening Jupiter/Uranus Conjunction in Aries? seems to affirm that free market forces might win..although T/Saturn will be in Libra ( rule of law). Uranus is gonna be in the sign of Aries for a long time..

Seems like they are going to be talking about free markets and possibly less regulation for a long time.

..Looks like they still be looking for new worlds to conquer.

"If the S.E.C. loses its case against Goldman, it will be too easy to draw the wrong conclusion: not that the S.E.C. failed, but that the financial services industry succeeds all too well in its campaign to tear down the rules needed to make markets safe for investors.

No matter what happens to this particular lawsuit, it’s critical not to lose sight of the fact that immoral, destructive behavior has become deeply entrenched on Wall Street, and it will take concerted action to root it out
." http://roomfordebate.blogs.nytimes.com/2010/04/16/what-goldmans-conduct-reveals/ #lynn

The next degree for Pluto is Capricorn 4, "A Group Of People Entering A Canoe For A Journey By Water". This sabian degree has to do with a cohesive effort, everyone working to same way at the same pace to achieve a desired goal.

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