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Showing posts with label bailout bill. Show all posts
Showing posts with label bailout bill. Show all posts

Mar 19, 2009

Bush-Paulson Bailout Bill a scam

Yes yes yes! A mega-heist has been perpetrated, as I keep complaining, and here Paul Craig Roberts asks if the Bush-Paulson Bailout Bill was a scam...yes!

NPR is reporting as I type that the deficit is 'far worse' than was expected...$2 trillion, as we'll hear tomorrow when the report is released. Can't wait.

So as Mr. Roberts mentions in the article linked above, there is no money for social programs (only for war.) They're getting ready to turn the screws on the ill, the elderly, orphans, and on anyone else thinking the US government has the integrity to honor its agreements with we-the-people.

Nice crowd. The renting of our social fabric is going well - for the power elite, thanks.

When are the heisters of Capitol Hill and their lawyers and ritzy friends going to return what they've embezzled for decades? Puh!

Of course, stirring up our emotions and indignation and sending us out onto the streets is part of the plan so being the meanie that I am, I refuse to give them the satisfaction!

~:~

Btw: did you ever read FDR's test of our progress from 1937?

Feb 16, 2009

Naomi Klein's 'The Shock Doctrine' now a documentary

Naomi Klein's book 'The Shock Doctrine" concerning 'Disaster Capitalism' is being brought to the screen by film makers Michael Winterbottom and Matt Whitecross.

Klein's 2007 book, which details an alternate economic history of the last 30 years, will be updated by this documentary to reflect 2008's economic crisis/meltdown and is now being shown at the Berlin Film Festival in not-quite-completed form.

Naomi Klein believes that the recent banking bailouts amount to "a massive transfer of wealth from public to private hands" which is a demonstrable fact, we know. And we also know where the banks' massive debts have gone - onto the public ledger.

And Voila! Hitler's power-grabbing tactics come round once again!

Yet the documentary doesn't aspire to be a conspiracy theory ode, but a chance for the film's viewers to look at the consequences of the ideas of neo-liberalism's economic guru, Milton Friedman, and make up their minds if they agree with him - or not.

My suspicion is that the long-jobless of the US and the rest of the globe may be inspired to burn Old Miltie in effigy.

What do you think?

~:~

Here a SO'W post from July 2008 which relates 2008's economic crisis and banking bailouts with Uranus-Chiron, the 'radical political reformers' duo, and another from Nov 2008 marking the oppressive Pluto-Chiron midpoint at MC, the Aspirational Point of any horoscope chart, to Inauguration 2009.

You'll find links to several articles in both posts, but the second link contains Ralph Nader's 'Uncle Tom' label for Pres. Barack Obama and what Fox News did with it.

Jan 27, 2009

Obama video after meeting with GOP 1.27.09



Jan 27, 2009: Pres. Obama's statement after meeting with GOPers over the stimulus bill that might actually give a leg up to America's working people, a possibility some GOPers simply cannot stomach - it's against their principles!

Principles? Next thing we know, the word ethics may be mentioned in the same breath with the word principles and then where will the bandits hide?

Note: Common Good retired from use on Capitol Hill ages ago after putting in several years' worth of service. And I get the impression from Boehner and others that, if they had their way, financial aid for the American people now (in their time of crisis) would be as forthcoming as a rescue team eagerly picking up our elderly aunts and uncles from the drowned rooftops of New Orleans after Katrina hit (not.)

But providing more billions for ritzy bankers to hoard? You betcha!

Dec 15, 2008

Bush loopholes executive pay in Bailout Bill

Funny Story...turns out that corporate CEOs' Golden Parachutes and outrageous paychecks are protected with an executive pay loophole inserted at the eleventh hour by the Bush administration which probably knew all along that Bailout Bill monies would not be gifted in this massive heist by way of 'auctions.'

Scoundrels and thieves! Makes me want to take off my shoes and lob away.

Dec 9, 2008

US economy takeover: 1939 vs 2008

The parallels between what Bush has done taking over US banks and loan institutions such as Fannie Mae and Freddie Mac are said by some to echo too closely Hitler's tactics in Germany in the 1930s. As you know, Adolf wanted to rule the world, and the misery and chaos of war was the price he was willing for others to pay.

If you're aware of these parallels between the time periods and tactics, never mind; but if not, please read the article concerning the US dictatorship which is now being enlarged, by Michael S. Rozeff, a retired Professor of Finance.

Apparently the Nazi memorabilia room at Yale's Skull and Bones, where Bush once played, is having a renaissance of sorts. Granddaddy B helped with Adolph's piggybank and now grandson is following a similar script.

But who's playing Hitler now?

Nov 17, 2008

Sen. Inhofe on TARP: critics were right

Conservative senator, Jim Inhofe, has sent a letter to his colleagues on the Hill concerning plans to call for a lame duck congressional debate on the $350 billion remaining from Paulson's blank check.

Unhappy with the Bailout czar's change of objectives and the possible squandering of the money so far, Inhofe may be on to something - a heist of massive proportions which he and his Hill colleagues authorized. (As if they didn't know!)

Inhofe was one of the unprevailing No votes, however, so perhaps his idea that the remaining funds not be added to the deficit will fly with his cohorts-in-crime. What a pleasant change that would be.

Or perhaps this is only their usual Political Theater, Dahlink...matinee at 2 pm.

Inhofe mentions in his letter that on Friday, Nov 14, Hank Paulson stated during a CNBC interview that, "the financial markets have stabilized."

One may assume this means that, extreme volatility aside, markets are no longer in danger of complete collapse, thanks to his handing banking and Wall Street pals the dough. Sounds more like a bribe to me, but what do blogging gnats know?

Well, some blogging gnats know enough to have a peek at astrology charts, especially when senators provide exact times and dates:

Friday, November 14, 2008, 2:00 pm, using Capitol Building...Hank Paulson's natal South Node is conjunct transiting Midheaven which indicates career issues involving separation and neurotic or past behaviors...both in Sagittarius, ruled by Jupiter, planet of gurus and Republicans.

He's at the pinnacle of the world, blank check and all, so what about Paulson could be a problem?, I asked myself.

Could it be his natal Venus-Jupiter opposition? Solar Fire software gives this for Venus opposite Jupiter:

You are a social climber who grapples with extravagance, wastefulness, and a child-like expectancy that someone will come to your rescue. The lesson is moderation.

That the president and Congress listened to Paulson's plea and did come to his, Goldman Sachs, and Wall Street's rescue is known but if Congress is serious about taking back some of the excessive bailout money now benefiting his banking friends, Paulson may become highly miffed considering his natal Mars-Venus square (easily irritated with others), and his Mars-Chiron square (short fuse.)

Plus, transiting Uranus, which is rising in the Nov 14 2:00 pm chart (thus bringing the Saturn-Uranus opposition with it) is in a square aspect to natal Uranus, a time when disruptive circumstances occur and generations clash as one blames the other.

Saturn-Uranus = Mc: breaking away from the old; recognition of one's thrust for individuality or loss of self to the grip of controls.

Uh-oh!

My suspicion is that Paulson's statement was meant to soothe financial markets but also to attempt to avoid controls which Congress might wish to place upon him as he spreads wealth (to his banking friends or to whomever he's gifting with taxpayer money. One thing we know - it isn't us.)

Jupiter, Mr. Moneybags:

November 14's Jupiter 19Cap06 in 11th house, opposes Paulson's natal Mars-Saturn conjunction in Cancer...

Mars-Saturn = Jupiter: complete concentration on a particular goal; ability to destroy or eliminate something thoroughly; weighing all matters and making a pronouncement.

Well, he did. "Financial markets have stabilized," he pronounced.

Whether Paulson has thoroughly destroyed or eliminated anything, I leave up to you to decide, lone reader, as Congress' lame duck session practices its quackery all the week long.

Oct 29, 2008

Dirty Secrets of the Bailout Illusion

The "Dirty Little Secret" Of the US Bank Bailout

By Barry Grey

In an unusually frank article published in Saturday's New York Times, the newspaper's economic columnist, Joe Nocera, reveals what he calls "the dirty little secret of the banking industry"--namely, that "it has no intention of using the {government bailout} money to make new loans."

~:~

Oh dear. Some folks knew that from the start: not little, not a secret, but definitely dirty.

Oct 17, 2008

Bush regime transfers wealth: Bailout Bill

Additional Thoughts on the Bailout

"We hang the petty thieves and appoint the great ones to public office" - Aesop

By Paul Craig Roberts

Just as the Bush regime's wars have been used to pour billions of dollars into the pockets of its military-security donor base, the Paulson bailout looks like a Bush regime scheme to incur $700 billion in new public debt in order to transfer the money into the coffers of its financial donor base. #

~:~

See, that's what I've been trying to say! Congress - the enablers.

Oct 7, 2008

Kucinich on Dems' bailout betrayal

Kucinich on the Democrats' bailout betrayal tells more truth than Biden or Obama want you know about this financial charade we're being scammed by.

Kucinich notes that Barack Obama voted for the bill in case the markets fell sharply otherwise and he'd lose the election. That's what the kerfluffle was about, all that hemming and hawing and postponing going home to face irate constituents.

Scaredy cats and fatcats.

Without Kucinich, Paul, Kaptur, and Sanders, and perhaps a few others, we'd never hear a true word spoken on Capitol Hill from that Masonic Temple we call the Capitol Building.

And McCain is just as bad except that he can't talk economic language (doublespeak) as well in front of a camera as Obama.

Some choice we get with class warfaring Pluto-Chiron plutocrats who are laughing all the way to the bank. 1999 was the year of the Financial Services Modernization Act that destroyed the protections of 1933's Glass-Steagall Act...and Dec 30, 1999 was the Great Conjunction of Pluto and Chiron.

How happy they must've been! FDR's New Deal finally placed on the road to ruin in one fell swoop...no money for pesky old entitlements now!

So when Capitol Hill Theater (Bailout from Hades, Acts I and II) was in full swing I wrote: just see what the outcome is no matter what they say on the floor or in the press (or words to that effect.) And lo and behold they had their way and ignored ours even though we contacted our "reps" 100 to 1 Against the 'bailout bill' for Wall Street.

You know this manufactured 'credit crunch' means that all the mega-liquidity the Fed and Treasury have poured into the system is being hoarded by banks - and by banks that are more like oil companies than most people realize.

So I can't wait to hear during tonight's townhall debate which is hemming and which one is hawing the loudest. Perhaps they'll take turns.

As you know, the Bailout Bill won't fix anything for the middle class but it will continue to undermine all but the topcats.

About the only thing the Robber Baron class is missing in 2008 from their Industrial Revolution Days of yore is their fancy tophats where they can be more easily recognized.

Monopoly, anyone?

And what does Congress do?

Two articles if you're up for them:

French Premier Francois Fillon: We're on "The Edge of The Abyss"

By Mike Whitney

People are scared and removing their money from the banks and money markets which is intensifying the freeze in the credit markets and driving stocks into the ground like a tent stake. Meanwhile, our leaders are "caught in theheadlights", still believing they can "finesse" their way through the biggest economic cataclysm since the Great Depression. It's madness.


===

Down the Road to Serfdom

By Ann Berg

So here we are: a phony monetary system, $3 trillion wasted on wars, and acitizenry mired in debt. And what does Congress do? It adds more debt - a trillion dollars, just for starters, since once starting down this slippery slope, it won't be able to stop.
~:~

Don't know about you but I'm staying cool, staying with my bank. Panic is what 'they' want us to do - so I won't. Staying away from the voting booth in November is what 'they' want us to do - so I will not.

Although my Jupiter-Saturn trine is outraged by their blatant thieveries, we Capricorns can be so cussedly stubborn, can't we?

Oct 6, 2008

Role of the Fed and Treasury in Bailout

If you're interested in another article concerning the economic bailout/corporate welfare boondoggle of last week, be sure to read Patrick Wood's article Bailout: America's financial ruin if you've missed it thus far.

Patrick, editor of The August Review, explains the role of the Fed and the US Treasury in the 'meltdown' debacle, or as I tend to think of it, the charade.

Why 'charade'?

Because it's part of the long-range plan as propagandized by spokesman George Just Go Shopping Bush, promoter of the Ownership Society. He just never said who'd be doing the owning.

From Ownership Society to Homeless Society, and it only took Just Go Shopping 7 years to decimate all that America holds dear and evict our people into the streets.

Today Just Go Shopping made statements in order to reframe people's thinking about what he did last week when he signed the Bailout Bill. He actually said that that's why the people "sent (him) to Washington, DC...when you see a problem, you fix it."

Puh!

Well, if he thinks such ridiculous remarks can wipe away our knowledge and memory of all the problems he created, with the flames of loss and pain he fanned with his neocon pals, he's wrong - and even more arrogant than I've hithertofore given him credit for.

He's also assuming that anyone believes that we-the-people SENT him to Washington when most people realize by now that he, Rove, and Cheney crept in the backdoor, made themselves at home putting their hooves up on the furniture, and proceeded to trash our nation.

Please don't put an oilman in the White House, I pleaded during the 2000 (s)election. Now it's 2008 and a vote for McCain is a mandate for Karl Rove.

Old boss new boss, Saturn opposite Uranus in the sky...Obama vs Palin, a woman who'll set feminine rights back centuries if she gets the chance.

A landslide against the neocon warmongers will be the only thing they can't hide or divert even with all the tricks they have in store, such as...

Oversell loans set to explode while making billions off them, evict struggling families who can't pay, then deny them the right to vote - ain't these varmints sumthin' goshdarnit? Yep, oppressive Pluto-Chiron's class warfare is alive and well, and living in your used-to-be house watchin' the widescreen TV you thought would always be yours.

So, m'peops, vote early or on Nov 4, but please just vote!

Oct 4, 2008

Bailout Bill Signed into Law Oct 3, 2008


Since there's some question as to the exact time on Oct 3, Friday, that George Bush signed the massive "bailout bill" (propagandistically named the Emergency Economic Stabilization Act), a natal chart for the monstrosity is probably to be set for the neighborhood of 2:52 pm to 3:00 pm edt, White House.

Special thanks go to Monica at Astrology Mundo who had the smarts to ferret out the official time that the bill passed the House in its amended form - 1:22 pm edt - and we know from various sources that the bill was motored to the White House asap and signed appr one-and-one-half hours later - an historical record.

(If an exact signing time is known or discovered by you, dear reader, please advise!)

Interestingly, Moon (the people) while in Scorpio made her last major aspect the evening before - Oct 2, at 6:47 pm edt - a confused, illusory square with Neptune 21AQ43 Rx.

Someone's zoomin' us!

Neptune is and has been opposing Bush's natal Venus, planet of values, money, and relationships; plus, asteroid Nemesis (the unbeatable foe; divine retribution) continues loitering upon his natal Descendant, the angle of partnerships, legal affairs and open enemies.

So perhaps it is significant that the chart (upper - please click to enlarge) emphasizes '11Scorpio' by Venu$ at Midheaven, the Aspiration/Career/Public Status Point of the chart..."A Drowning Man Rescued."

One of the instructive things about viewing dual charts is seeing which, if any, planets change houses (departments of life); here we see that money-loving, luxury conscious Venus crosses an angle, the previously mentioned MC. Venus is smaller amounts of money which morphed into billions for Mr. Bush & friends in big business Scorpio.

MC passes through the "An Embassy Ball" degree, on to the "An Inventor Inventing" Sabian Symbol...next up "14Sco" = "Telephone Lineman at Work Installing New Connections." (Rudhyar.)

~You may have heard that during these performances concerning the US Treasury, Wall St, and 'Main St' Bush has taken unto himself the right to send out secret agents in disguises to follow American citizens even without any evidence of wrong-doing. A political whim or fanciful notion is enough. No word on planting of evidence.~

So what other planet changes houses? Lower chart shows us that the Sun 10Lib56 'jumps' the 9th cusp of philosophy into 8th house of debt, credit, shared resources, and large sums of money. The American people are getting ready to "share" all right and Bush's 'legacy' has certainly been plumped up, hasn't it?

Guess the last several years of plundering the public purse weren't enough for the hungry wolves as America is dismantled to make way for the new economic order...and we are witnesses to history.

So with a VOC Moon, the dirty deed was in no danger of being prevented or interfered with once the Scorpio Moon left her square with Neptune Thursday evening - Luna's next major aspect looks to me to be her conjunction with secret hand/deep pockets Pluto on Monday, Oct 6 - and Pluto nearing "The Pope Blessing the Faithful" degree, too.

If you see something prior to this aspect for the Moon, please let me know. I quite imagine this may also describe the people needing a weekend break from all the financial hubbub and bad news - Monday will arrive soon enough, si?

Now did I mention that Hidalgo, one of the power asteroids who expects to be in charge is at MC with Venus, along with Osiris, named after the Egyptian god of death and resurrection? "A Drowning Man Being Rescued" before our very eyes!

Hidalgo has links with Spain, Mexico, and with mining and production of silver, copper, gold, lead, iron, mercury, and sulphur.

Nona Gwynn Press confirms Hidalgo's connection to self-assertion as noted by Lee Lehman, and says that it has the assertiveness of Mars, the expansiveness of Jupiter, and the status-seeking of Saturn. There is some question of 'lower nobility' wishing to become 'higher nobility' as well - plus, Hidalgo is a rebel with a cause.

Moon 1Sag49 to 1:53 may reflect recent mentions of the Iraq and Aghanistan wars...'1Sag': "A Grand Army of the Republic Campfire" but here we see '2Sag': "White-Capped Waves Display the Value of Wind Over Sea." Now this Symbol seems to me to be full of a 'Venus-Neptune in Washington' flavor yet the ocean reference reminds me of the collective unconscious and the masses, whether washed or unwashed. Veus-Neptune can indicate wooliness or deception with money and values issues; ex: buying the worthless in order to give it more value.

You see, of course, the forming opposition of traditional, restrictive Saturn with progressive, freedom-loving Uranus across the money/resources axis (2/8.)

And this brings me to a mention of the final stages of 1997's Jupiter-Neptune conjunction, the cycle in which we're experiencing this speculator-engineered market meltdown with its New World Order stink.

The Great Conjunction of these two planets whose combined energies result in 'visionaries, dreamers, mystics, hypocrites, and fortune-hunters; (Ebertin) last occurred on Jan 9, 1997 at 27Cap09 - conj US natal Pluto.

Jupiter/Neptune = Pluto: far-reaching speculations; unreasonable plans; self-projection out-of-hand; major adjustment of life circumstances (Tyl.)

But there's another midpoint picture found in the Jupiter/Neptune Conj chart - one that is most descriptive of what we're experiencing in this, the final throes of their current cycle before 2009's three conjunctions (May 27 26AQ29; July 10 26AQ02; Dec 21 24Aq18 - all of which play with America's natal Moon, the people).

Saturn/Pluto = Uranus 3AQ44: brutal efforts to start a new order; an attack, regardless of potential losses; an ability to make sudden decisions in the most difficult situations; acts of violence.

You may notice that Uranus is conj 2009's Inaugural Jupiter which links the 1997 Jup/Nep cycle with Jan 20, 2009's Inauguration in an expansive Jupiterian way...

Sat/Pluto = Jupiter: religious and social fanaticism; simplicity; self-sacrifice; difficulties caused through illness; trouble with authority; adoption of the austere; staying out of trouble; trying to save what's left.

And in 2008's bailout bill chart/s the Moon is involved in a midpoint picture as well with the controlling Saturn/NN combo which has a 'shocking event' and 'alms-house' influence (Ebertin)...

Saturn/NN = Moon: feeling alone in life; a widow or an orphan; appealing to senior persons; qualifying for responsibility.

Plus, 1997's Jup/Nep Conj occurred about 7 hours after a New Moon 18Cap57 (Jan 8, 1997), which is the rising degree in the 2:52 pm bailout bill signing chart as you see above and leading to 20Cap by 3:00 pm. '20Can/Cap' are critical or crisis degrees.

Crisis is the word of the day replacing change as Washington's political mantra.

But somehow 'crisis you can believe in' doesn't convince me that the financial meltdown wasn't planned years ago for springing upon us now - just in time for the next cycle of Jupiter and Neptune...

Jup/Nep = US natal Moon: going with the wind; desire to dream; little sense of reality; becoming involved in speculation.

On behalf of the too-trusting American people, and considering this crowd of speculators and large-scale organisers in Washington, NY, and the fortresses of Europe, I don't think we've been given any choice but to become 'involved' with fortune-hunters, bandits, thieves, and plutocrats.

Astrology Mundo has more details on the bill signing including its Mercury Rx which indicates a review, refurbishing, and/or re-signing of this document which may at some point be renounced before it does us too much harm or some amount of good.

Be sure to read Monica's excellent post here.

Oct 3, 2008

Rep Sherman on bailout bill panic: video



Video: How to pass a bailout bill from Hades and let bankers take over running your government while trying to hide the fact that your treasury has been raided into insolvency.


Sep 30, 2008

Hating Unfettered Capitalism

The isms of the Pluto-Chiron pair are all around us, capitalism and fascism being perhaps the most noticeable since the suddenly recognized financial crisis emerged from the depths of George
Bush's fertile brain and Wall Street's back pocket already well-lined.

Once again: Pluto-Chiron conjunction Dec 30, 1999 '12Sag': "A Flag Turns into an Eagle That Crows" with their parallel (similar to a strong conj and used as a timing device) coming mid-August 2004. It's instructive to think about what our governmental "representatives" were up to during those times to the extent that we may ferret out their dark corners of activity, planning, and organization.

As you know, '12Sag' is the USA's natal Ascendant in the Sibly chart - Pluto-Chiron, the plutocracy pair, came to call, or you could say 'became' America.


Then in December 2007 was the Great Conjunction of Jupiter and Pluto, another plutocratic pairing on a very active day for the Fed as 'it' announced a lowering of interest rates and successfully undermined the dollar further.

BBC News reported this morning that approximately 9,000 American homes are being lost to foreclosure every day while Bush catapults the fear-mongering propaganda on TV with threats
and promises thinly veiled as warnings that jobs will be lost and money will dry up if his plea for Midas' gold isn't answered NOW. (Moon-Jupiter-conjunct folk like the emotionally immature Bush don't like to wait for their needs to be met.)

One assumes the American jobs 'lost' - that is, sold to the highest overseas bidder - hithertofore are of no consequence to our government (who made outsourcing possible) except as part of Bush's you-ain't-seen-nothing-yet threat.


Plus, Washington's use of 'systemic risk power' for bank takeovers is no better than Putin's nationalization program with Russian energy companies.

And although America has been flying high for decades her sights must necessarily be lowered by this manufactured financial crisis and its aftermath, and by our overreach militarily.

Astrologically I think that December '08 to February '09 will be an important window of time due to America's Secondary Progressed Full Moon on the Virgo-Pisces axis (victim-savior.) If you prefer the US Sibly chart it's exact on Dec 24; with the Scorpio rising chart, it perfects in February 2009.

Other possible birth charts for our nation give various dates of exactitude for our Secondary Full Moon, but we all know that we're peering through an extended crisis window of time.

~If you haven't seen the Progressions for the Sec Full Moon, go to my other blog, Jude's Threshold, and look on its Pages list in the sidebar for the December chart. (Since I'm still out of town, I have none of my notes - I'm grousing from memory here.) You'll find a link to my other blog on this blog's Links List...you may have to scroll down esp if you're using Firefox.

Part of lowering our sights is addressing homelessness and upholding the rights of the worthy and the unworthy poor. And as all three of my readers know, I'm nothing if not a pacifist - yet with four natal planets in Capricorn, a realist, too. That's why I was glad to find a certain article on TruthDig concerning the Catholic Worker and its founders Dorothy Day and Peter Maurin.

Here's a quote from Day's granddaughter, Martha Hennessey, which addresses American society and the state it's in. You'll spot some isms as well:

"Our society is more brutal than it was. The heartlessness was introduced by Reagan. Clinton put it into place. The ruthlessness is backed up by technology. Americans have retreated into collective narcissism. They are disconnected from themselves and others. If we face economic collapse, there are many factors that could see the wrong response. There are more elements of fascism in place than there were in the 1930s. We not only lack community, we lack information."

The Catholic Worker was founded in 1932 during the misery of the Great Depression and sold on NY streets for 1 cent per copy - its current price. With its "unwavering pacifism" and "hatred for unfettered capitalism" it was a bright light for the common man and woman in its time.

And thanks to the insatiable greed and corruption of current Washington and Wall Street fatcats, it may be one of the few honest and clear-eyed visions we can look to when it comes to transforming the heartless ruthlessness of our struggling American society - if 'real change' we 'can believe in' is what we truly want and can accept with humility.

Please read 'Fueling the Fire of Real Change' by Chris Hedges here:

http://www.truthdig.com/report/item/20080928_fueling_the_fire_of_real_change/?In