As the Obama Administration struggles to keep the American economy afloat, some economists, and writers say that we averted another Depression after the Banking Crisis of 2008.
I say that this is partially true. Yes, the Panic of 2008 was staved off a bit. There could have been 40 million people out of work in the United States rather than the 16 million figure that is touted about now.
"Make no mistake, the U.S. economy isn't yet adding jobs and current unemployment levels are unacceptable," Maloney points out. "But as President Obama has said: to get out of a hole, the first thing you have to do is to stop digging. Our country has stopped digging.
We have come a long way since last January, when the economy lost 779,000 jobs in that month alone and recorded an average monthly job loss of 753,000 in the first three months of 2009. In the most recent three months of the Obama administration, the average monthly job loss was 35,000.
In addition to the moderation in job loss, the housing market has begun to stabilize, credit markets have opened up, and GDP growth has returned. During the final three months of 2009, the economy grew at a healthy rate of 5.7 percent.
The Recovery Act, which Congress passed in February 2009, has saved or created two million jobs and helped return the economy to growth in the second half of 2009. That legislation also softened the blow of the recession for millions of Americans through extension of unemployment insurance and support for health insurance premiums for laid-off workers."Still, I continue to worry. Mundane astrologers do that from time to time because they have a clear view of transits just ahead and tend not to believe the pundits. And, so, I am concerned about the longer-term impacts.
Before I continue along these lines of concern, I would like to get to some proactive ways that anyone reading this can make things happen for themselves, their families, employees, associates and friends in the years ahead.
Pre-act Rather Than React
During this year's Cardinal Crisis transits of July & August, I strongly advise anyone to take the summer to get down to homework rather than to follow the crowd.
It will be a contentious time from July to about September, more or less, due to the strong transits of the Cardinal Crisis inclinations.
The months of April-June, leading up to the cardinal transits of July-September is also challenging for the tens of millions of people who have suffered because of the Bank Crisis and economic impact in their lives. It was unexpected by most, and many people are just now over the shock.
This year, 2010, is a time to continue to be patient, but to also be foresighted. Understand that what is happening is not your fault, so be tolerant of others who are also struggling, but do not ever forget how it all came about.
Your consciousness is a great asset this year in handling the strong cardinal transits of 2010.
During this time, do these general proactive things -
- Plan For the New Decade
- Focus on Job & Career Options
- Develop Soft Skill Sets
- Increase Adaptability & Flexibility
- Be Positive & Selective Of Friends & Networks
- Be Persistent w/ Goals & Objectives
- Seek Opportunities That Arise
- Create Your Own Opportunities
- Look Out for Opportunities For Others
For years I have maintained there have been great levels of corruption and unbounded greed in global capital markets.
This is mainly a result of the repeals of economic regulatory laws that have been on the books of the United States since the 1930s.
Mundane astrology is wholly concerned with advanced astrology and forecasting global events, trends, and outcomes.
There were few people who saw it coming. For years, I had warned of the great crisis ahead, but few listened as it was during the height of the housing boom, and many people just could not tear themselves away from no-interest loans, flat-screen televisions, Hummers, and expensive vacations.
Back in November 2008, Paul B. Farrell said, "We reported on warnings of another crash coming as early as 2004, wrote a sequel, also titled Next crash? Sorry, you won't see it coming. Yes, we were early, but in good company. We wrote many more warning columns. Few listened.
"Subsequent events, notably former Fed Chairman Alan Greenspan's admission of his failures in congressional testimony, prove that if he and other Reaganomic ideologues weren't so myopic and intransigent about proving their free-market deregulation theories, they could have acted earlier and prevented today's colossal mess.
Instead, their ideology kept the bubble blowing, delayed the pop, making matters worse.
So once again, as history proves over and over, ideology trumps common sense, reality and the facts. Greed drives ideologues to blow bubbles. They pop. Crashes happen. The public is collateral damage"
Those who practice in this complex arena of astrology have known for may years that the new millennium would be a very challenging time due to the movement of celestial bodies.
My own forecasts for the 21st century depict an era of significant change across the spectrum of human history. There are several reasons for this.
One is that we are currently in the Cycle of the Sun (1980-2016) where the Sun has been the "Lord" over world history, according to the Cycle of the Prophets, a judicial astrological term that shows which celestial body has rulership over a 36-year age.
The next era to come will be the Cycle of Saturn (2016-2052) showing that the great malefic planet Saturn will rule as Lord over the coming 36-year period of global history. This is in accordance with the works of the mundane astrologer Michel Nostradamus.
The Cycle of the Moon (1944-1980) featured a recovery period from the disasters of two world wars and a worldwide economic depression. This cycle featured variable changes in humanity's response to the prior cycle with the advent of the Cold War, The Korean War, the end of Colonialism, The Space Era, The Vietnam War, and Cultural Revolution.
The Cycle of Mars (1908-1944) featured the lesser malefic playing a significant role in the First World War, The Russian Revolution, The Great Depression, Climate disasters of record heat and drought, and the advent of the Second World War and the Holocaust.
We are now in the 30th year of the Cycle of The Sun. This signifies a complete turn of Saturn's revolution from the year 1980, when transiting Saturn translated from Virgo to Libra and towards its conjunction with Jupiter at 9-Libra on December 31, 1980.
The Cycle of the Sun (1980-2016) represented a unique era in the history of the world to create a new vision that provided the world an opportunity to potentially liberate itself from the chains of the bloody past of the 20th century, and to form a common good from the lessons learned into a new century.
We are now 30 years into this cycle with six (6) years left to the Cycle of Saturn.
In the year 2010, global transits show that the next T-square configuration of the planets Saturn, Uranus, and Pluto during the months of July and August 2010 reflect a crossroads has been reached.
This is a time of severe financial crisis that reflects the previous last T-square between Saturn, Uranus, and Pluto during the early years (1930-33) of the Great Depression.
The new ingresses of the outer planets reflect that a crossroads has been reached, that opens up a new era within a new century -
- Pluto in tropical Capricorn
- Saturn in tropical Libra
- Jupiter in tropical Aries
- Uranus in tropical Aries
When the transpersonal planets reach sensitive seasonal points, this is a sign that great global change is on the horizon and mundane astrologers take note of the positions, and configurations involved.
The position of Saturn's turn towards the western constellation of Libra, with Pluto's turn towards the southern constellation of Capricorn, and Uranus' turn towards the eastern constellation of Aries signals that a global crossroads has been reached.
Events on the earth will correlate to the crossroad, and celestial inclinations affect global consciousness that signals a great change in world history is about to take place.
For more on the Cardinal Climax, see - http://globalastrologyblog .blogspot. com/2010/ 02/cardinal- climax-of- 2010-warnings. html
This change has been, like in the past, sparked by economic manipulation of global markets and banks with the flow of trillions altered, and resources stolen by hidden groups and players. This is signified by the transit of Uranus in Pisces, in the 12th Mundane House of Secret Societies, and Groups.
A similar era took place in the decade of the 1920s, as Uranus transited Pisces, when hidden groups manipulated world capital markets, while in Germany, secret mystical societies planned to retaliate against those they believed lost their nation the First World War.
The demise of the Wiemar Republic in Germany took place behind closed doors, and featured a series of personalities conspiring to take over the country that eventually helped to spark the Second World War.
Uranus' transit into Aries in 1927, signified a new 84-year era that will close in the year 2011, and open another era.
Aries, known as a 'barren' and militaristic sign in mundane astrology, saw the rearming of several nations that joined together to begin a global war that followed the Great Depression into the late 1930s through to the mid-1940s.
What is generally missed by some who fail to use Uranus' transit is the fact that Uranus is the only planet in our solar system that transits on a plane the Earth also transits.
Uranus orbits the Sun, and varies from 2.74 x 109 km (1.70 x 109 mi) to 3.00 x 109 km (1.86 x 109 mi) in its distance so that Uranus traces out a region of space that is very close to Earth's own orbital plane.
For this reason, its inclinations on Earth can be quite stark, as is Uranus' reputation for 'sudden' and 'shocking' influences when crossing angles relative to sensitive positions of Earth's own orbital plane.
When Uranus begins a new orbital period when it reaches, and passes over the 0-Aries point, we can expect a new era to begin on the Earth. It does so twice, in June 2010, and then again, on March 11, 2011, when Uranus re-enters tropical Aries for good. This date in 2011 is the start of a new global era for the world.
The Next Great Depression?
My forecast for another economic depression was based several positions of the transpersonal planets that relate to a celestial crossroads. We have nearly reached that time at this time of writing.
I consider the years 2010 to 2015 a time of economic and social crisis related specifically to the Next Great Depression. See - http://globalastrologyblog .blogspot. com/2010/ 01/cardinal- climax-years- of-crisis- 2010.html
The Bank Crisis of 2008 was a result of a gigantic bubble economy based mainly on the worldwide speculation of debt. stocks, currency, and real estate with insurance provided to cover trillions in a complex web of debt-based derivatives placed as bets by international hedge fund players and financial speculators.
It was a giant ponzi scheme that will have devastating consequences for many nations in the years ahead.
The repeal of financial regulatory laws in the year 1999 by the U.S. Congress, and signed by then-President Bill Clinton, led to immense amounts of money used to fuel debt markets to create unregulated bubbles not seen since the era of the 1920s.
Most of this bubble was created in residential and commercial real estate.
Huge amounts of "free" credit with deceiving "teaser" interest rates were provided and enticed as many people as possible to take part.
Nearly everyone, from single people, to married couples, to small, and medium-sized business owners, to large companies and corporations participated in what amounted to a massive ponzi pyramid based on long-range economic "forecasts" that were based on nothing but wishful thinking and lies.
Under the influence of a Saturn/Neptune opposition, this pyramid quietly began to come apart at the seams in the year 2006-2007. This was then followed by signs of an emerging credit crisis in August/September 2007 as Saturn made ingress into tropical Virgo.
By the summer of 2008, transiting Pluto, in the last degrees of Sagittarius, stationed direct September 9th, a day after Jupiter turned direct in Capricorn while also in trine aspect to Saturn in Virgo. At this time, the shrinking access to capital markets led to the unleashing of the banking crisis.
Hedge funds called in their bets - leading to the demise of investment houses Bear Sterns, Lehman Brothers, and the American insurance giant AIG - and the bubble burst as the U.S. government raced to bail out the giant banks in the midst of a presidential election season.
The resulting collapse of the residential and commercial real estate markets in the U.S., UK, and much of the European Union will also spread to China, a country that experienced great growth after being admitted to the World Trade Organization in September 2001.
This economic collapse is really a Bank Crisis, the same as that of the Great Depression of the 1930s.
The failure of policymakers to regulate banks, investment houses, and giant insurance companies from combining their speculation has resulted in the greatest loss of household wealth - $16 trillion alone in the United States - than has ever been seen in the history of the world.
The consequences have led to tens of millions of people jobless, with unemployment reaching historic levels not seen since the last T-square configuration of Saturn/Uranus/ Pluto in the early 1930s.
This crushing collapse of entire industries that are dying is because of the lack of credit and funding to keep their operations going.
Any economic recovery is lost until the forces that started the economic crisis are removed, and the resources stolen are taken back and fully re-injected into nations, and their communities.
From my long-range mundane perspective, what is next is a series of continued crisis facing nations around the world.
As companies, and banks required 'bailouts,' so now are entire nations and states are going bankrupt, as sovereign debt levels have sky-rocketed because of the corrupting acts and influences of investment houses, their financial agents, lobbyists, and politicians.
The loss of trillions in resources, along with the stagnation of world trade because of frozen credit lines, combined with the losses of tens of millions of jobs, clearly reveals that another Great Depression is on tap for the world in the decade of the 2010s.
Celestial transits confirm this. The resulting rebellions, revolts, and revolutions I forecast to take place in the 2010s is a direct result of the ponzi pyramid that emerged as the Bank Crisis and Panic of 2008.
The resulting austerity measures nations employ to combat huge levels of debt owned to international bankers will fully exacerbate the seething anger of entire populations, which, under a coming Uranus/Pluto squares of the 2010s, will lead to increasingly violent clashes and geopolitical tensions between nations. This happened in the 1930s after the economic excesses of the 1920s.
According to my calculations, the month of August & September 2010 is significant, as well as the months of March and April 2011 for the second, and third rounds of the Next Great Depression.
My astrological estimation sees the year 2010 as a combination of the year 1927/1931 with 2011 as 1928/1932 and 2012 as 1929/1933 due to the synotic cycles of the planets of Mercury, Mars, Jupiter, and Uranus in their respective positions relative to mundane time and space.
What we have here is a new economic reality mixed with the errors of the past and a failure to prepare for the future.
This is world history. Many have clearly ignored important lessons of the past, and therefore are destined to suffer as a consequence.
This has already occurred, and there is no stopping what has already begun.
However, as a realist with a mystical foundation, I am also an optimist, and there are ways to navigate the next several years successfully.
I will have many more ideas and strategies coming this month...
Cardinal Crisis - What to Do: July & August 2010
The Cardinal Crisis T-square transits of 2010-2015 more or less will force their inclinations of change on the consciousness many millions of people.
This five (5) year period is rife with significant challenges and changes according to global transits. But, they also provide exciting, fresh, and excellent opportunities as well.
The transits of Mars, Jupiter, Saturn, Uranus, and Pluto are aligned in oppositions and squares during July & August 2010.
There will be action, and much of it will be negative. People will act out, and some people will be nervous, frustrated, and impulsive. Others will be confused, and disoriented. The energies are strong, the atmosphere is charged. The month of August 2010 is particularly intense.
You may be one of those people who can feel it. So, calm down. Think about it: You already knew about this for some time beforehand.
Foreknowledge gives you the advantage, and, because of this you can help yourself, and others at that time with some simple ideas, and plans already laid out that make this coming summer a cinch. It's all good.
Now, this summer in the northern hemisphere is going to be a bit dicey. I've written about this before. People will be hard pressed this summer because of the cardinal inclinations, and, this will continue into the early to middle years of this new decade.
Expect this. You cannot control the feelings, and actions of other people, nor of larger-scale forces to the extent of having things quiet down everywhere.
However, you can control how the cardinal inclinations affect you, and your family. So, start there, exactly where you are and make some preparations.
Not out of fear, nor of dread, but simple, logical and common sense preps for this coming July, August and September.
And, while you are at it, go further and plan out the remainder of 2010, right through to next year. cultivate a spirit of foresight, calm, and maturity.
Do not buy into the rampant impulsive and headstrong energies of this coming summer. Rather, take a load off and chill out.
Expect to hear of lots of action this summer though. The transits of July and August are unfavorable. It is that simple. People will be stressed, tense, pushy, impulsive, and in some cases, violent. Steer clear of all this, and you will do just fine.
So, there's going to be some scary world news from various places, but the world is not coming to an end. People are simply inclined to the powerful cardinal energies and if they are reactionary to begin with then expect reactionary behaviors.
There are things you can do.
With every great series of changes, and problems there is also a series of solutions and opportunities. The cardinal transits of this summer is just the start of what is going to be a very active time in the world over the next 20 years overall, and especially the next five (5) years from 2010.
First, give yourself a pat on the back. You've come this far. It has not been easy, and you may be tired, angry, ticked off at the world, and frustrated at all the barriers, blockages and delays in your life.
Now, this is natural, so give yourself a pat on the back. You're human.
The next thing is this - look around.
What are your options?
What are your problems?
But, rather than just to get stuck here, do this -
Objectify the issues, or the problems you identify and project these a small distance from yourself.
Create a sort of bubble, like the ones you see in those cartoon frames where the character's voices are written, and within this bubble, that is about five, or six-feet from you in the air; insert those problems in that circular bubble which you seek solutions for.
Then wait and observe to see some of the answers flow out. Write down what comes. Don't force anything. Just be at ease, and the answers will come. Those who need detailed dates and times astrologically to gain more from this exercise through their own personal transits can contact me and I will see what I can do for you.
This is a good way to give yourself some space from the problems that hound you, and it offers you the ability to get some objective distance to allow the solutions to flow in naturally.
Try it, and you will find that you are able to make progress while also seeing what really are problems to solve, and what are not.
During the month of March, that is, this month, make some preparations to stick closer to home this summer. Cancel all summer outings that are away from home, and expect this summer to be unusual because of the Cardinal Crisis transits.
Travel is unfavorable, and so are physical activities under the transits of July and August 2010. You already know about this.
Take the time to create an environment at home that is calm, safe, and refrain from being around crowds during the summer. Now, this is going to be hard for many people who had a rough winter.
Naturally, people will want to be out and about, but remember, this is not your usual summer.
So, use the months before July and August to make your own fun at home, and look forward to the summer of 2011, which is calmer than the summer of 2010. That way, you've got something to look forward to since it will be only a year.
Use summer 2010 to do some planning at home. Sleep a lot, rest, recharge your batteries, and envision those things you will want to do in the fall season and coming winter. Next winter will be late in coming (not till February 2011) so it will not be like this most recent winter.
Plan out your year for 2011, and enjoy what it is that you are doing. Meanwhile, keep an eye on the world events of the cardinal crisis transits of July and August and you will see how many people react to the inclinations.
You will be glad that you took the time to plan out things in advance, and stayed home relaxing.
Give yourself another pat on the back.
More on the Cardinal Crisis transits to come...