Aspects Further Stressing the Banking System

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“If you have fiscal stimulus without fixing the banking system, it will be like a sugar high.” –Robert Zoellick to the Financial Times 1/27/09

It’s interesting that the president of the World Bank correlates sugar with banking as both are ruled by Venus. Just as an overload of sugar affects the body’s ability to process insulin which has lead to an epidemic in diabetes, excess leverage and indiscriminate lending has lead to a banking crisis.

Venus energy is most at home when it is in Taurus and Libra. The Taurus side of Venus represents money, material resources, banks, and values. The Libra side of Venus represents alliances/partnerships, and seeks harmony and balance. Venus rules copper which is represented by the planet’s astronomical symbol.

From February 2 to June 6, 2009 Venus will spend an extended sojourn in Aries (Libra’s opposite sign) due to the planet moving retrograde* March 6 to April 17. Venus was last in Aries from March 6 to April 11, 2008 and retrogrades in Aries every eight years (March 9 – April 20, 2001). What’s critical about this particular cycle of Venus in Aries is that Venus will not only challenge Pluto in Capricorn three times, but Venus in Aries and Pluto in Capricorn will simultaneously affect the USA’s natal Venus in Cancer. This has never happened before in the history of the United States.

Venus and Taurus is money, banks, and assets. Its opposite polarity is Pluto and Scorpio which represents debt and lending. Banks are actually a combination of both energies. At its most positive expression, Venus in Aries challenging Pluto in Capricorn would represent taking a bold step backward to transform the banking system into a simpler and more transparent structure.

Capricorn and its planetary ruler Saturn represent government. Since Pluto entered Capricorn in 2008, governments have invested in banks through capital injections, backstopping bad assets, and taking equity shares. Venus in Aries challenging Pluto in Capricorn (February 5, April 3, and May 2) will probably usher in the next wave of bank failures and financial institutions receiving more government intervention. Other Venus/Pluto themes are:

  • Venus in Aries combined with Pluto represents unsecured debt (credit cards and personal loans) which becomes the next fallout from the banking crisis.
  • Bonds are ruled by Pluto. Bondholders might not be immune from interest deferrals or principal losses in exchanges.
  • The toxicity (Pluto) of assets (Venus) could be subject to further write downs.
  • Alliances and pending acquisitions (Pluto) fall apart as the parties involved become too headstrong in their demands and are unwilling to compromise (Venus in Aries).
  • Rapid acceleration of individual and retail industry bankruptcies.
  • Pluto rules taxes. Venus/Pluto can bring increased taxes and fees for government services and withholding of state income tax refunds like in California.
  • Venus rules bartering and combined with Pluto in Capricorn represents “secretive government-to government deals.”
  • Venus in Aries relates to military expenditures and Pluto secrets and “black” budgets because they aren’t counted as part of the general budget. Venus and Pluto retrograde (April 4–17) could expose not only what money the military is wasting, but revelations regarding the government’s huge financial ramp up in Afghanistan.

With both Venus and Pluto retrograde during the April 3 alignment at the time Pluto’s energies are pronounced,** a lot of interesting information about the arrangements between financial institutions and the government could get revealed that will show the government has done anything but “protect the taxpayers,” putting the focus on the nation’s financial and political leaders and possibly causing some heads to roll. It’s interesting that the second Venus/Pluto alignment occurs at the time of the First Quarter Moon in Cancer that impacts the Sun (leadership) of the US and UK charts the day the G20 meets in London.

Venus in Aries tends to be more impulsive about spending and speculation since Aries is ruled by fast acting Mars. Combining this fiery energy with Pluto in Capricorn creates an explosion of government debt. But what happens when there’s a lack of buyers for the new debt incurred from President Obama’s mammoth spending package? And what happens if foreigners decide that the US is no longer a safe haven as its government shows a complete lack of fiscal restraint and a lack of political will to bring its decrepit infrastructure into the twenty-first century?

This could be the financial fallout the nation is faced with during the time Venus turns retrograde March 6 while Pluto in Capricorn opposes the USA’s Venus in Cancer. Venus aligned with Jupiter in Cancer reflects that a great deal of the USA’s wealth has been accumulated through owning real estate. Pluto opposing the USA Venus (and Jupiter in 2010) for the first time ever could bring a record number of commercial and residential real estate foreclosures. Venus in Aries turns retrograde, affecting the USA’s natal Sun in Cancer and Saturn in Libra. This can mean that the USA’s financial reputation is adversely impacted. Diplomatic alliances could come under strain which from a financial perspective could represent foreign central banks and sovereign wealth funds selling Treasuries and US agency debt. Transiting Mars aligned with Neptune in Aquarius can indicate rising interest rates, and the Sun in Pisces opposing Saturn in Virgo at this time could reflect fear (Saturn) that investing in US treasuries have become more of a speculative (Sun) than safe investment. By the March 10 Full Moon in Virgo, workforce reduction announcements and unemployment will reach the highest level yet. Whatever happened around the first Venus/Pluto alignment on February 5 will reach a crisis point now. The Virgo Full Moon reactivates what was happening at the September 15 and December 12, 2008 Full Moons.

The Federal Reserve’s chart is also affected by Venus and Pluto. I had written that I thought the FOMC would announce at their January 28, 2009 meeting that they would begin purchasing Treasury bonds as an attempt to lower mortgage rates. The Fed indicated it was “prepared to purchase” but Jeffrey Lacker’s dissent indicated that “prepared” didn’t mean now. But with the scenario I have just described above I think the Fed could be using their last bit of ammo just in time for the March 17 FOMC meeting. And it’s likely that the Fed’s effort will be futile. When Venus and Pluto meet up for the final time on May 2 and once again impactthe USA Venus, Jupiter and Neptune in Aquarius will be approaching conjunction at the end of the month on the USA’s natal Moon (public/real estate), ballooning mortgage rates, food and other essential consumer expenditures.

As the energy of attraction, the symbol for Venus resembles a hand mirror. What we project is reflected back to us. The Fed is expending a lot of energy and money to attract inflation back into the economy. By the time Venus leaves Aries in June, the Fed will have probably fulfilled its dream that will actually turn into a nightmare as inflation shows up in all the wrong places of the economy.

*Planets do not really move backwards but appear to from Earth’s vantage point.

**When a planet from Earth’s vantage point appears to be stationary in the sky its symbolic energies are more pronounced. Pluto in Capricorn turns retrograde April 4 but appears stationary March 31- April 9.

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