Jude’s Threshold

A Tapestry Blog of Art, Astrology, and Politics

Posts Tagged ‘Financial/Markets

Robert Reich on Lemon Socialism

Hope you’ve read Robert Reich’s essay on Lemon Socialism where US  taxpayers get the squeeze and the Richie Riches get all the lemonaide:

http://tpmcafe.talkingpointsmemo.com/2009/01/24/how_america_embraced_lemon_socialism/

Written by Jude Cowell

January 24, 2009 at 11:51 pm

DOW drops lowest in Inaugural Day history

You know Barack Obama has been inaugurated 44th president unless you’re still hiding under that rock.

And perhaps you heard that the DOW did the naughtiest thing today:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aOYw.awwsNSg&refer=home

Written by Jude Cowell

January 20, 2009 at 10:07 pm

Dec 2, 2008: gold into backwardation

Professor Antal E. Fekete has written an alarming piece on the first time in history that gold went into backwardation – on Dec 2, 2008.

http://www.augustreview.com/index.php?option=com_content&task=view&id=108&Itemid=32

The gold basis, which is the difference between futures and the cash price of gold, has been positive since gold futures trading began in 1972, and Prof. Fekete is saying that before Dec 2, the monetary system could have been saved by opening the U.S. Mint to gold.

So now the world’s elite gold-hoarders, the King Midasses holed up in dens and counting their money, won’t let go of their gold for any paper currency you can name. The US dollar is now in terminal stage and the jig is up…your paper is no good here, my friend.

Recently I noticed that Saudi Arabia has bought up billions in gold – I thought I published on it at Stars Over Washington, but can’t find the post at the moment.

So is the cornering of the gold market part of a larger plan? Oh yeah. The ‘new financial world order’ as it’s called. Read the professor’s article, if you will.

And since I’m publishing this post on Dec 10, I peeked at the Images for Integration for today’s Sun in Sag, Moon in Taurus…

‘A pirate ship searches for gold…An armchair traveler roughs out a financial plan for his next adventure.’ (‘Sun Sign-Moon Sign’ by Chas & Suzi Harvey.)

Plus, you know I’ve wanted to blog on the Blagojevich scandal which is threatening to pull Obama in (and perhaps that’s the point with his practically baiting the FBI when he knew his phone calls were tapped.) More on this later – unless it melts away like water off the duck’s back of Barack Obama.

Derivatives must be tamed

Woven through the tapestry of our modern financial system are derivatives, once thought to be golden, now lost their polish and shine.

And all the King Midasses and all the king’s men couldn’t put confidence back together again – until and unless they resolve the basic issues resulting from their self-created pyramid scheme and stop throwing what amounts to trillions in counterfeit money at it:

http://georgewashington2.blogspot.com/2008/11/how-could-it-be-worse-than-great.html

UK’s stimulus plan: a view from abroad

As in America, things are rough in Great Britain and getting rougher, and the pros and cons of the government’s new stimulus plan are under discussion:

http://www.spiegel.de/international/europe/0,1518,592534,00.html

Written by Jude Cowell

November 25, 2008 at 7:33 pm

Paul Krugman weighs in on Citigroup bailout

Nobel Prize winning economist Paul Krugman isn’t rallying around the crummy idea for bailing out Citigroup, and other economists are not impressed with the deal either:

http://georgewashington2.blogspot.com/2008/11/citi-deal-is-lousy-for-america.html

So many trillions to heist, so little time!

Bush and Paulson on the steps 11.24.08

This morning I was surprised with an interruption by ABC News breaking in with a Special Report and there on the steps of the Treasury Department building stood George Bush and Hank Paulson making a statement to the press. Bush and Paulson playing together on the Treasury steps!

Well, Bush was speaking and Paulson had his back, one supposes.

The Special Report appeared at 10:37 am est and missed the precise beginning of the statement so I caught Bush in mid-sentence. It was brief all the same, and as I peeked at an Astrology chart for Treasury (thanks, Solar Fire software!) I saw that at 10:30 am est, rising was 18Cap46 – the ’18Cap’ I often bark about as the NWO’s natal Uranus/Neptune conjunction degree of 1993.

I won’t bore you here with its Sabian Symbol in full, except to say that its keyword is POLITICAL POWER and that it relates to keeping order. I’m sure the Bush-Paulson performance this morning hoped to do just that as Bush announced he was rescuing, bailing out, or, as he put it: “safeguarding”  CitiGroup.

He also said defensively with his voice rising that they had made these decisions in the past and would do so again. (So shut up, American taxpayers. You have no say in the matter. And apparently Barack Obama, who was told of this rescue, Bush said, can take it or lump it.)

Anyway, with Sun (leader) 2Sag44 and Mercury (announcements; speeches) 2Sag08, the Sabian Symbol for ’3Sag’ is informative:

Quoting from Rudhyar’s ‘An Astrological Mandala’…’Two Men Playing Chess”…”keynote: The transcendent ritualization of conflict.

Essential to sociocultural living is the transmutation of man’s natural aggressiveness under most conditions of existence. Many rituals, sports, and games have no other basic aim. In chess the complex types of energies which in their togetherness constitute a human person are symbolized by six kinds of pieces (king, queen, bishops, knights, rooks, and pawns.)

The struggle between light and darkness (the Yin and Yang forces) is ritualized, ending in most cases with the checkmating of the king (the ego, the conscious self.) In a dualistic world such a contest between polarized forces is omnipresent.

The chess game trains men to be more objective, more careful, more aware of whole situations – and less impulsive and intent upon side issues.

This Symbol deals with conflict, but at the level of group culture and psychological symbolization. It brings to the objective consciousness the basic realities in interpersonal INTERPLAY.”

Marc Edmund Jones gives this Symbol with the same word picture but explains it as:

“Self confidence and authority which come to man through his refinement of skills and discipline of understanding, and of his capacity for mobilizing every potentiality of self at any point of challenge in events.

Here is emphasis on the individual’s effectiveness and profitable participation in a reality which he has been able to approach and master through the completeness of his perspective. His gift of concentration is his genius of self-fulfillment.

The keyword is: ABILITY…

positive: high sensitiveness to every possibility of accomplishment or broadened self-discovery;

neg/unconscious/shadow side: unsuspected bigotry or foolish exactitude.”

(The ‘unconscious/shadow side’ are my additions.)

Interesting that the Illumination Point – the opposite degree – has for a keyword: LUXURY. Its unconscious/shadow side is: “complete selfishness and a joy in lording it over others.”

On a side note: did you know Bush has pardoned more turkeys while at the White House than he’s pardoned men during his terms? And they’ve been bootleggers! But I suppose there’s still time for Scooter and Alaska’s Ted.

Now I do want to add the effect of the NWO’s Uranus-Neptune degree as it rises with a midpoint picture:

Ura-Nep = ASC: wearing anxieties on one’s sleeve; a person who is easily influenced; instability; hypersensitivity; depression.

Depression? Well, we do hear a lot now about a “crisis in confidence” which is a large part of America’s economic problems. But they never address fully the fact that our lack of confidence is due in large part to a criminality of leadership – in Washington, on Wall Street, in corporations, and in commercial and investment banks and insurance companies the world over.

And you know the crooked fatcats and their enablers won’t be stepping down any time soon - in spite of any hastily called press statements of ‘rescue on the way’ from the steps of the US Treasury.

So there he was this morning – George W. Bush, near the end of a long eight-year presidency, presiding over the Treasury steps with a ‘Master of the Universe’ as his sidekick, more lies on his lips, and the surplus his presidency began with only a distant memory.

~:~

George Washington has a few other ideas about what the government could do for CitiBank/Group on his Blog:

http://georgewashington2.blogspot.com/2008/11/instead-of-giving-citigroup-20-billion.html

Bush’s ‘ownership society’ arriving now

Did you think George Bush meant that average folks should join in by buying a home in his ‘Ownership Society’ when he touted the misleading phrase during the early days of his residency? (not a typo.)

Well, funny thing.

Turns out Bush was pointing to just such a time as the current financial collapse of our real economy with financiers poised to go on shopping sprees and take over ownership of banks and other industries as they further their control of the real economy in order to create a class of working poor their thumbs are itching to control.

But if you’re feelin’ puny, you may wish to skip economics professor Michel Chossudovsky’s article, ‘The Great Depression of the 21st Century: Collapse of the Real Economy.

However, if you’re madder than a wet hen over this political charade for the sake of a new economic and political world order, you’d be better off if you attempt reading it, if you haven’t.

Some of Chossudovsky’s words are as good a description of what astrologers have been saying to describe transforming Pluto’s journey through the sign of Capricorn as you’re likely to find anywhere.

Pluto returns to Capricorn in time for the turkey of Thanksgiving Day. And if turkey Bush pardons the turkey, an always-ridiculous annual ritual at the White House, we can all think of his touted ‘Ownership Society’ and know which of his Wall Street and banking pals will be doing all the owning – and how Bush knew it from the start.

Chossudovsky explains how the *Reagan-Thatcher era, the earlier phase of the 1980s, displaced and destroyed family farms, local and regional enterprises, and small businesses.

Then the merger-acquisition phase occurred in the 1990s under Bill Clinton, and we all know about NAFTA’s role in dissolving America’s work environment. “Thanks,”Bill and Hill. Al Gore, where were you when the American worker needed you?

And his book, ‘The Globalisation of Poverty and the New World Order’ is a perfect description of Pluto-Chiron’s oppressive issues: corporatism, racism, women’s rights, violence, etc.

See? That’s one of the reasons I say we have a one-party system in the US – the haves against the have-nots. But read his article, if you get a chance. There is some hope, however difficult to implement it may be.

Yet with president-elect Barack Obama sending one of the architects of the financial collapse to represent him at the G20 Summit (Jim Leach, who co-sponsored 1999′s Gramm-Leach-Bliley Financial Services Modernization Act – FSMA), a promising start for his presidency’s economic programs looks more like slave labor on the way…possibly disguised as ‘public works programs.’

Now either THAT would be ironic, or I don’t know irony when I see it. Do you?

http://www.globalresearch.ca/index.php?context=va&aid=10977

~:~

Nothing here on Thatcher, but you may wish to check out the sidebar column of Pages for the Reaganomics Eclipse, if you haven’t. Its degree links to the natal Ascendant of George W. Bush.

New ‘New Deal’ too big a deal?

Let George explain to you that perhaps too much of the wrong things are being thrown at the current financial crisis which is not the same as the old financial crisis – and Obama and Pelosi may be set to make things worse:

 http://georgewashington2.blogspot.com/2008/11/new-new-deal-dead-on-arrival.html

Why, it’s almost as if government’s political thespians are intent on crashing America’s economy so completely that a new financial world order will become our only avenue – and our only ‘hope’! (she typed drippingly.)

Can the fabled ‘amero’ be far behind? And will Barack Obama be the spoonful of sugar that makes the medicine go down? If so, does he know that’s his role? How can he not?

~:~

~Note: no ‘ameros’ have been harmed in the typing or publishing of this post. And also: see sidebar for Stars Over Washington feed to article on Senator Jim Inhofe’s recent letter to his colleagues concerning a debate on asking for the rest of the billions back from Paulson during this week’s lame duck session! (Some Astrology notes are included in the article, but are written in rather plain English.)

Details being sought from the Fed

Yeeks! I was scouring out my inbox just now and almost deleted this article which I meant to post here a couple of days ago.

Kudos go to Bloomberg’s Mark Pittman because we’d all be quite interested in knowing the economic particulars from the Fed about who’s benefiting from Paulson’s slight-of-hand with taxpayer money, wouldn’t we?

Apparently Bush and Cheney will have to be seen leaving Washington pre-January 20 with several huge suitcases tucked under their trench coats before anyone’s the wiser. So let’s ask the questions NOW while we (still think we) know the ransackers’ whereabouts.

~:~

A Credit Crisis or a Collapsing Ponzi Scheme?
The Two Trillion Dollar Black Hole

~
By PAM MARTENS

~
Bloomberg News reporter, Mark Pittman, filed a Freedom of Information Act
request (FOIA) with the Federal Reserve asking for detailed information
relevant to whom the central bank was giving these massive loans and
precisely what securities these firms were posting as collateral.

~
http://www.informationclearinghouse.info/article21218.htm

~:~

What do you think?

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