Published by WallStreetWeather.net
For most of the time from now through next summer, Saturn in Libra is engaged in a challenging square alignment with Pluto in Capricorn. These are not easy energies to work with as circumstances force us on an individual and collective level to strip away the layers of short term quick fixes that expose the hidden rot underneath that can no longer be ignored.
Saturn represents all types of societal structures. Saturn in Libra is about bringing what is out of sync into equilibrium. Pluto in Saturn-ruled Capricorn destroys structural systems that are no longer working efficiently in order to build a solid foundation that supports steady and sustainable long term growth.
Exposing the rot will not be easy as Saturn tends to be cautious and fearful, preferring to maintain tradition and the status quo. And Pluto is highly skilled at manipulating these negative influences in order to maintain power and control over others. However, the forces of change will break through as the pressure of the square between Saturn and Pluto will become too uncomfortable not to take action.
Cardinal signs (Aries, Cancer, Libra, Capricorn) are the initiators, bringing new ideas and new ways of doing things that reverberate on a global level. As Saturn and Pluto prepare to square off for the final time next summer they will be challenged by the bold enthusiasm of Jupiter and Uranus in Aries that has the courage to act on what is feared and resisted. New economic and political policies will be born out of necessity as there is no escape from postponing making the hard choices that politicians would rather pass on.
Libra rules relationships, and the Saturn/Pluto cycle accelerates the ending of relationships that were not completely honest or on an equal footing. Other relationships will become closer and stronger after working through deep seated issues. With Pluto, these issues usually involve things we’d rather keep under cover and are reluctant to discuss with others. Debt, joint financial arrangements, sexuality/reproductive issues, and death/end of life issues are subjects that most people and society (particularly in the U.S.) are uncomfortable having an open and honest discussion about, even with family and close friends.
Saturn contracts; Venus-ruled Libra is money and Pluto is debt. It’s time to pay down/pay off debt. When you live below your means instead of spending too much and being maxed out in debt, you can weather the ups and downs of any economic cycle.
Saturn and Capricorn represent our career and public reputation. Saturn challenging Pluto is forcing millions of people who have lost their jobs to transform their professional identity. Saturn in Libra can worry too much about what other people think, but attempting to keep up appearances leads to desperation. Taking personal responsibility (Saturn) for our actions and not worrying about what other people are doing (Libra), represents the real power (Pluto) and lesson learned (Capricorn) in the journey of life.
Saturn and Capricorn rule history. In order to fully understand where we are now, we have to go back to the beginning of the cycle when Saturn in Libra and conjoined Pluto in 1982. The “special relationship” between the US and the UK was at its zenith then when “political soul mates”* President Reagan and Prime Minister Thatcher were in power.
Saturn conjoining Pluto marked the beginning of a new economic cycle, akin to a New Moon. Pluto rules taxes. With Libra ruling the career/public reputation sector of his chart, Reagan used charm and diplomacy to pass his tax cut overhaul through a Democratic Congress.
Saturn rules government and Pluto nuclear power. By the time Saturn in Leo challenged Pluto in Scorpio in 1993-4, the Soviet empire had collapsed. The economy continued to grow until the bubble popped as we approached the “Full Moon” of Saturn opposite Pluto in 2001-2.
Saturn/Pluto tends to be a conservative political influence, and like the Moon decreasing in light, the waning Saturn/Pluto cycle ushered in a new era of political conservatism in America that placed social conservatism far above fiscal conservatism. President George W. Bush saying “you’re either with us or against us” conveyed far more than the US vs. the war on terrorism. Debt rose as spending was unrestrained.
And now we’re here in the waning square of Saturn and Pluto before a new cycle begins in January 2020. All the issues that weren’t dealt correctly earlier in the cycle such as financial regulation, debt, taxes, healthcare, global power, and nuclear issues, are back and must be addressed between now and early fall 2010. A recent Wall Street Journal “Ahead of the Tape” column succinctly outlines the economic differences between the early 1980s and today.
It is appropriate that the first time Saturn challenges Pluto will be the day before the November 16, 2009 New Moon in Scorpio. This is the “dark time” of the month, and with the Sun, Moon, Mercury, and Venus in Scorpio, there is a lot to process and uncover. Saturn and Pluto affect the Federal Reserve chart’s Sun (the Chairman), Pluto and Midheaven (reputation). Two financial regulatory reform proposals in Congress will alter the Fed’s power (Pluto) in one form or another; both will remove the Fed’s responsibility to control consumer banking (Saturn in Libra). Ben Bernanke’s term as Chairman expires January 31 (see below). He faces a contentious reappointment hearing by the Senate Banking Committee chaired by Christopher Dodd whose proposal would strip the Fed of its regulatory powers.
Saturn/Pluto square President Obama’s natal Venus in Cancer (which conjoins the USA natal Venus in Cancer). The President has acknowledged it is his responsibility to “rebalance” the U.S. economy (Venus) away from being a consumer-driven (Cancer) economy to one of invention and making things again, in line with Pluto in an earth sign (Capricorn). With Pluto in ambitious Capricorn, President Obama views the global economy as his responsibility to rebalance.
Saturn and Pluto’s energies are particularly strong now through February 2010. When Saturn exactly squares Pluto for the second time on January 31st, the unbridled euphoria of Jupiter and Neptune conjoining in Aquarius since the spring of 2009 will have dissolved as we begin 2010. Saturn/Pluto challenging the USA Venus and Jupiter in Cancer combined with the Sun and Venus opposite retrograde Mars in Leo, will be a time to review the actions the government and the Federal Reserve took to rescue the banking system, and how those actions have created another asset bubble in financial speculation on top of the ones that precipitated the financial crisis.
Jupiter and Uranus will challenge Saturn and Pluto during their final alignment on August 21, 2010. This is the “crisis in consciousness” phase** regarding the ideals and ideology of the Saturn/Pluto cycle to date. In the chart for Saturn challenging Pluto in the USA, the challenging alignment of Jupiter, Saturn, Uranus, and Pluto falls in the sectors of the chart representing the financial system, the stock market, and the nation’s debt/interest rates. Venus and Mars in Libra will conjoin the USA’s natal Saturn, while the USA Moon (public) conjoins Neptune in Aquarius and both oppose the Sun in Leo. The only way that Republicans can gain ground during this Saturn/Pluto cycle is if the Democrats fail to deliver on healthcare and the other promises of “change we can believe in” when they control the White House and Congress. However, the GOP claiming to be for deficit reduction but against making any hard choices and spending cuts, is not likely woo enough votes their way.
Like a drug that only masks the symptoms but doesn’t address the origin of the ailment, circumstances will cause the nation to wake up and stop pretending that the consumer based economy will return. Mercury turning retrograde in Virgo in the banking sector of the Saturn/Pluto chart reflects that banking regulations will force banks to return to back to basic banking and raising capital through deposits instead of wholesale funding.
Saturn in Libra challenging Pluto in Capricorn forces us to find new solutions that incorporate only the very best and proven solutions from the past, leaving the rest to history.
*Besides their natal Suns being in harmony, Reagan’s Jupiter exactly conjoining Thatcher’s Saturn in Scorpio reflects they shared the same conservative political philosophy. Reagan’s Libra Midheaven (career and public reputation) exactly conjoined Thatcher’s Libra Sun, enhancing each other’s reputation on the world stage. Both were very close to their spouses who they strongly relied on behind the scenes.
With her Sun in Libra challenging Pluto and Pluto-ruled Scorpio on the Ascendant (outer personality) conjoining Saturn, Lady Thatcher’s strong Libra/Saturn/Pluto energy meshed with the times. (The Ascendant is the zodiac sign rising on the eastern horizon at the time of birth. Individuals born with Scorpio on the Ascendant are ruled by Pluto and Mars. Mars rules iron and Thatcher is nicknamed the “iron lady” for her strong willed personality. Pluto’s energies were accentuated at the time Thatcher was born as from Earth’s vantage point, Pluto appeared to be stationary in the sky preparing to turn retrograde.)
**”The Lunation Cycle” by Dane Rudhyar
USA: July 4, 1776 5:10 PM LMT Philadelphia, PA
Federal Reserve: December 23, 1913 6:02 PM EST Washington, DC
Barack Obama: August 4, 1961 7:24 PM Honolulu, Hawaii
Ronald Reagan: February 6, 1911 3:43 AM CST Tampico, IL
Margaret Thatcher: October 13, 1925 9:00 AM GMT Grantham, England