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.