Krugman's The Great Abdication (1931 v 2012)

Historical Eclipses, 1930s v 2012, the Fed, and the EU Debt Crisis

by Jude Cowell

If you've read economist Paul Krugman's NYT op-ed of June 24, The Great Abdication, you know that he likens the current financial crisis in Europe and how its creditor nations have chosen to come to the aid of Spain with the actions taken to similar events of 1931.

The Fed in the US and the Central Bank of Europe are missing their marks and not stepping up to take responsibility as it ought to be taken. Now this is a Political Astrology blog so is there an astrological parallel at all which might link together the failures of 1931 and the misdirected actions of 2012?

Well, since Solar and Lunar eclipses have influence upon the Collective in any area of the globe (and often do), perhaps the themes of the exuberant October 11, 1931 Solar Eclipse @17 Libra in the 5 New South Saros Series will suffice since it marched headlong into the 6 North Saros Series of March 7, 1932 @ 17Pisces (a critical degree.) Together they may provide us a window into how things were going during the last quarter of 1931 and into 1932 with Herbert Hoover as US president and the American people reeling from the Crash of 1929. Click to view the 1929 horoscope and you'll note that in 2012, disruptive anarchist Uranus has returned to its 1929 position in Aries.

Grand Schemes and the Fed: Exuberance Comes Before a Fall?

The 5 New South Solar Eclipse manifested a few months after a Great Conjunction of the Big Banker duo of power, Jupiter and Pluto (the Fed and their directors, the international banking houses) @19Can16 on May 27, 1931, and about one year prior to a Great Conjunction the Fraudster-Speculator-Wastrel pair of planets, Jupiter and Neptune on September 19, 1932 @8Vir25. As you know, the combined energies of Jupiter-Neptune are imprinted forever upon the Obama presidency--first term anyway--since they conjoined and began another of their 13-year cycles three times during 2009 and washed out US natal Moon (We the People) with grander scams, heists, and foreclosures than we care to admit. And we feel them rippling still.

October 1931: 5 New South themes are rather high-spirited (Jupiter was traversing tropical Gemini then as now)--joy, happpiness, peak experiences, benefits, good news. But then came 1932...

March 1932: 6 North themes are quite another matter and relate all too well to current events and the measley actions being taken: relationships to father figures and authority; the need to take responsibility and control; commitments are made due to other people's unreliability (paraphrasing Brady's Predictive Astrology.)

Or they should be if honest brokers were acting. But instead they're abdicating their responsibilities, as Professor Krugman points out.

Now you may know of many events from 1931 and 1932 which are described by the themes of either of these Solar Eclipses but there are two 6N events in particular which must be mentioned though one is from its earlier manifestation in 1914 @6Pisces:

1. World War I ("to make the world safe for democracy"!! Woodrow Wilson had already secretly pledged America into the war when he campaigned on that absurdly propagandistic slogan--at the direction of war profiteers, aka, international bankers and their agents in the US. Big bankers make much much more money loaning to governments than to ordinary folk. President Abraham Lincoln of greenbacks fame didn't fall for their usury interest rate schemes to finance the 'Civil' War and you know how his story turned out.)

2. The Bonus Army of 1932 when President Hoover ordered Douglas MacArthur and the army to fire on US citizens who had honorably served their country and needed the promised pay earlier than the 1945 date that Congress had irresponsibly set. For as you know, by 1932 the nation was into the Great Depression and families needed to be fed.

But Hoover's Bonus Army Mow-Down doesn't provide the typically glowing image of Pennsylvania Avenue so often cultivated these days to exalt Washington DC, does it?

~:~ Now available (if tech glitches don't interfere--my apologies if they do!) It's a link to the sign-up form for subscribing to my brand new Political Astrology newsletter, Stars Over Washington Monthly! If you wish, of course. FYI: the first issue covers July-August-September 2012--and America's 236th birthday arrives very soon! jc