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May 11, 2013

David Stockman w Jon Stewart (video) and Pluto's Deformation

David Stockman, former congressman and budget director for Ronald Reagan, has done our nation a tremendous service with his book The Great Deformation: The Corruption of Capitalism in America.

Astrologers will recognize (and many have written the last few years on the topic) that transformative, destructuring Pluto, now in Capricorn (sign of government, law, business--and capitalism) is slowly deforming the US financial, governmental, legal, and business systems we've been taught to depend on.

"We have in Washington and Wall Street a rigged game," Stockman asserts during the question and answer session after his presentation at the Commonwealth Club of California (4.11.13) as he calls out the Federal Reserve ("Bernanke is worse than Greenspan") and disses all practitioners of Crony Capitalism, Republican and Democrat.

Though he isn't the only one to predict deflation when the next bubble bursts (and it will), Mr. Stockman offers a well-reasoned and deeply informed analysis of Financial Crisis 2008 (Goldman-Sachs should have been allowed to fail--it was the "Blackberry Panic" of 2008, not a return to the Great Depression) and of our current predicament with its 'Fiscal Cliff' and 'Debt Ceiling' theatrics and stupidities, and other partisan bickerings of no worth.

His book also offers common sense prescriptions for a cure (break up the big banks, restore Glass-Steagall, etc. He really likes Paul Volcker, a Jimmy Carter appointee to the Fed who was replaced by Alan Greenspan, thanks to Jupiter-in-Scorpio Reagan.)

Perhaps you caught Jon Stewart's interview with David Stockman on April 8, 2013? Here's a clip:

The Daily Show with Jon StewartMon - Thurs 11p / 10c
David Stockman
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"We're where we were at 13 years ago"? Ah, banker Jupiter peeks in! Plus, 13 years ago would be 2000 and we had the Great Conjunction of societal planets Jupiter and Saturn in May 2000 @ '23Taurus'..."A Jewelry Shop Filled with the Most Magnificent Gems"--an indicator that ushered in the New Millennium--and modus operandi of the big-spending Republicans in the White House and in Congress--all of which I fussed about repeatedly in the early years of this blog.

Actually, I've also done a bunch of fussing about the planetary imprint upon the presidency of Barack Obama: the three Jupiter-Neptune conjunctions all through 2009--all conjunct US natal Moon (We the People)--we were betrayed by bailouts as in David Stockman's assessment. As you know, speculating Jupiter-Neptune is the inflationary-wastrel-spendthrift-fraudulent-grand-scheming pair that in Economics is well-described by the term 'bubble economy'.

Here's Part 2, the extended segment:

The Daily Show with Jon StewartMon - Thurs 11p / 10c
Exclusive - David Stockman Extended Interview Pt. 2
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"Dodd-Frank is some kind of puzzle palace"...I do admire his forthrightness!

Born November 10, 1946 in Fort Hood, Texas, Mr. Stockman has a Sun Scorpio-Moon Gemini personality (Water-Air)--unless he came into the world between 12:00 am and 12:08 am. This seems unlikely for the odds favor the 23 hours 52 minutes in the rest of the day, so I'm going with Moon in Gemini since he's a great communicator.

Sun Sco-Moon Gem provides him with psychological understanding of others, penetrating insights, a quick wit, intensity, curiosity, and ambition mixed with an easy-going style. (Sun Sign-Moon Sign, Charles & Suzi Harvey.)

Of course, a Taurus Moon would make sense for its earthiness, pragmatism, and link to money (and greed and stubbornness--Taurus the Bull of Wall Street) so of course you may disagree on a Gemini Moon, as you wish!

The Sun Sco-Moon Gem blend is shared natally by Fyodor Dostoyevsky so I'll close with a quote from the great Russian author:

"I plunge into the depths, and, while analyzing every atom, I search out the whole."

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