Athena's Web Weekly Column
Week of October 3rd, - October 9th, 2008
The headlines from the NYT have said it all. "US Takes Over Mortgage Finance Titans" on September 7th;"Lehman Files for Bankruptcy; Merrill Is Sold" on September 14th. Bear Stearns, Fannie Mae, Freddie Mac, A.I.G., Wall Street, the Fed; it does not stop. This was the runaway train that we saw headed for the station and wrote about through most of last year. We went over the patterns from history, pulled from various administrations and warned that we were headed for a hit, big time.
Look around. We're there. Welcome to 1929.
In 2007 the scuttlebutt was that the markets were fine, the future looked bright. Now go back and re-read the columns. They're all there on the WEB. Go to the home page, scroll down and click on 'The Freedom Trail". It's what we were talking about.
So what do we do? What is happening, and when will it play out this year?
The first thing is don't be surprised, the second is don't beat yourself up. This is only the beginning.
The underpinning to most of this was Pluto's changing signs from Sagittarius into Capricorn last January. Pluto rules jointly controlled finances; things like credit, taxes, inheritance and loans. As Pluto moved from Sagittarius to Capricorn, the mood shifted from one of optimism to conservativism, the keynotes of each of these signs. A line from the second headline above put it into a Capricornian context beautifully.
T"The humbling moves, which reshape the landscape of American finance, mark the latest chapter in a tumultuous year in which once-proud financial institutions have been brought to their knees as a result of hundreds of billions of dollars in losses and because of bad mortgage finance and real estate investments.
Capricorn rules the knees.
This is the general trend, but naturally it becomes more specific than that. There are many stones involved in the steps of this path. Here are a few.
Transiting Neptune is currently inconjuncting it's own natal position in the US chart. It will be exact on December 31st. The day before is the progressed Full Moon. Each of these are highly emotional alignments. This is the time that the dis-information will hit the fan and have the most impact. Many are about to have their faith (Neptune) re-tooled. What people believe in is coming to a rude awakening. Folk's faith in the government is about to be shaken. We are not being told the truth. The astrology suggests that all of this stems from right at the top. The US Neptune sits at the top of the chart, conjunct the Midheaven.
We are being lied to by the administration.
What we are being told is that this is the natural ebb and flow of the market, the capitalist system going through its natural gyrations.
The astrology suggests, and this is my own take on it, that this is intentional. It has been the historical pattern, and we're back in the pattern. The Harvest Full Moon of September 15th aligned with the US Midheaven and set off the approaching inconjunct. The 14th and the 15th were the days Merrill Lynch and Leahman were going down. The Full Moon is Astro 101. Emotion takes over from reason.
Find your center and breathe. This is the beginnings of things being made right.