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Showing posts with label Senate Banking Committee. Show all posts
Showing posts with label Senate Banking Committee. Show all posts

Nov 11, 2010

Senate Banking Committee hears from bankers = 'stormy proceedings' 11.16.10

Come along as I check to see what's rising in the chart for November 16, 2010 at 2:30 pm est on Capitol Hill when the Senate Banking Committee is scheduled to open and hear testimony from the president of Bank of America Home Loans and the CEO of Chase Home Lending concerning their shady home mortgage practices which have had such dire effects upon the US economy.

For when an astrologer finds an exact time of an event, it's like waving a red cape in front of a you-know-what, right?

Nov 16, 2010 2:30 pm est Capitol Building, DC

ASC 2Ari06 with asteroid Hermes 2:07 Rx rising so apparently there's a magician or a mystic in the House, but is it '2 Aries' or '3 Aries' that's the degree famous for leading nowhere or having no intention of following through? Obviously, a lack of follow-through would not be surprising with US senators so snugly inside the banking industry's big pockets...as 'they say' - the best Congress money can buy.

At Goal Point (Midheaven) is the transiting Pluto/NN conjunction still at its conjunction degree of November 9, 2010 (3Cap38) and with Mc @ 1Cap09, we have a midpoint picture to behold relating to The Aspiration of the Senate hearing...

Pluto/Mc = NN: the importance of connections; memberships in groups which help you achieve your purposes; getting rid of habits that retard progress; the power of influence over others; the desire to gain leadership by force within a community (by foreclosing? -jc); leadership of a group of people.

Now chart-ruler Mars 14Sag11 and Mercury 11Sag30 (11Sag+ = the degree of the Great Conjunction of the disenfranchising plutocracy duo, Pluto and Chiron, on Dec 30, 1999) apply to conjunction which is the only applying aspect of Mars. If we use the Sibly natal chart (5:10 pm LMT) for America, we have the midpoint picture from this post's title...

Mercury/Mars = n ASC: stormy proceedings; a shrewd attitude; communicating with others who have an angry demeanor. (Ebertin; Munkasey.)

Sun 24Sco20 is in the 8th house of Debt and Credit; the changeable Moon 28Pis16 has just risen and is in 12th house of Large Institutions (that are supposedly 'too big to fail'), Karma, Self-Undoing and Politics, after having sailed past the ongoing Jupiter/Uranus conjunction 23Pis30 Rx and 26Pis30 Rx, respectively.

The Senate Banking Committee hearing opens during a Venus Hour, but Venus is Rx yet strengthening @ 27Lib45 as she prepares to turn Direct Nov 18; here, in 7th house; controlling manager Saturn 13Lib12 is in 7th house as well and about to return to America's natal Saturn degree (14Lib48) on December 3, 2010 (#1 of 3.)

Venus has to do with evaluations which is proving difficult in the real estate and banking markets especially with the Robo-Signing scandal on the menu (a hearing on those issues is scheduled for Nov 18, 2010, the day of Venus' direct station! Perhaps some headway can be made as the evaluations planet moves forward - plus, moneybags Jupiter turns direct then, too, and heads back to AP, our US natal Ic of Home and Domestic Scene.)

Also in the hidden 12th house is the Neptune/Chiron conjunction, still affecting US natal Moon in Aquarius bwo of deception, fraud, waste, toxic assets, homelessness, and potential flooding. 'Flooded with debt' is a sad testament to this transit's ill effects, and yes, Neptune moves slowly so it took years for the loss and sense of despair to envelope US consumers; yet Neptune/Chiron's close link with spirituality may bring us relief.)

Moon reaches Aries Point (00Ari00) on Nov 16, but not until 5:59 pm est (with the hearing probably over for the day), and the 'hidden square' between Moon (the people; publicity) and Mars may hold more sway than first appears...

Moon SQ Mars = resistance to compromise due to fear that others will take advantage of you; emotional outbursts; contrariness when dealing with others; forceful demands shows a double standard which irks others. (Planets in Aspect, Robert Pelletier.)

Well, I'd say the 'take advantage of you' part has already been accomplished by the US Congress, the White House, SCOTUS, and our glaringly corrupt banking and mortgage industries yet I hope that some redress for the American people comes out of the Senate hearing's political theater...matinee at 2:30 pm.

Jun 13, 2009

Senate Banking Committee members bailed out their own holdings!

Those Capitol Hill toffs, what cards they are!

As if no one would ever notice that members of the Senate Banking Committee that oversees TARP funds actually hold stocks in the government-assisted companies they bailed out - while bailing out their own investments. Skunks!

Here's an article from The Hill which highlights the Democrats on the Senate Banking Committee who have stocks in the corporate-welfared industry, whilst playing down the names of Republicans on the panel who also hold stocks or have quickly sold them, written with such qualifiers as:

"Few Republicans on the Committee have significant holdings in companies that have received federal bailout money." Tres subtle, but not subtle enough.

The article then lists senators like David Vitter (R-La), Kay Bailey Hutchison (R-TX - "small amounts" including holdings in Zions Bancorporation of Salt Lake City), Mel Martinez (R-FL - he sold 3 dozen investments - wonder who bought them?), and Bob Corker (R-TN), and details companies/banks in which they're shareholders, and a few approximate valuations of some of their holdings...an incomplete list, one assumes.

Click the link to read the Democrats' names which include the big fishes, Christopher Dodd and Chuck Schumer. Quelle surprise, eh?

It's a veritable Who's Who of Washington back-washers washing their own backs...with champagne, paid for by the American taxpayers they've so grievously scammed and let down.

And it's as good an example as any of what I've been calling 'bailout betrayal.'

Remember August 2008?

As Capitol Hill Theater Productions go, their Rescue-the-Republic mime was very badly acted as disingenuously, they all rushed back to Washington - McCain suspended his (sham of a) presidential campaign - to 'save the US financial system' - guffaw!

Or at least it would be amusing if it were a comedy.