Archive for the ‘US economy’ Category
Chief Justice Earl Warren (March 19, 1891 – July 9, 1974) was appointed to the United States Supreme Court by President Dwight D. Eisenhower who had expected a moderate conservative but got in Justice Warren an “unabashed liberal”.
When ‘Ike’ tapped him for the SCOTUS, Earl Warren was serving as a very popular Republican governor of California (oh for the good ole days without litmus tests! ) One of my favorite political quotes of all time – now apt again during the Democratic presidency of Barack Obama and which relates to the separative politics now practiced in Washington DC – comes from Chief Justice Earl Warren:
“Many people consider the things which government does for them to be social progress, but they consider the things government does for others as socialism.”
The recent practice of Corporate Welfare (for many who are little more than cheats, fraudsters, and criminals) comes quickly to mind especially since the American people’s social safety net grows more tattered and Swiss-cheesey with each passing day that the GOP holds forth with their austerity measures. What say you?
Having just updated my July 2010 post concerning the December 21, 2010 Lunar Eclipse @ 29Gem21, I thought you might wish to check it out with its ‘crisis degree’ implications for the US economy.
In alphabetical order, this Lunar Eclipse is of special significance to the natal charts of Afghanistan (Saturn), Australia (Mercury and Neptune opposition), Cuba (Neptune), Israel (Jupiter), Japan (Moon), Manhattan (Uranus), NYC (Venus/Mars conjunction @ 29Sag), North Korea (Uranus), Palestine (Uranus), Phoenix AZ (Jupiter), and Vatican City (Saturn).
Curiously, the natal horoscope of the NYSE is not so directly affected by the December 2010 Lunar Eclipse so hopefully the astrologer-and-economist-predicted market crash ‘by the end of the year’ won’t be as negative as feared though the Solar Eclipse of Jan 4, 2011 awaits us after the holidays…and directly opposes US natal Sun at crisis degree (13Can/Cap.)
Even economist Gerald Celente has predicted a market crash by the end of 2010 and he should know. Given the crisis-degreed Lunar and Solar Eclipses and their portents, I shall agree with him – at least that something deflating is afoot as we enter 2011.
But I’ll Be Home for Christmas
The Dec 21, 2010 Lunar Eclipse has a Sun Sag-Moon Gem blend which gives our atmosphere a Fire-Air vibe, and as you know, Fire-Air has a ‘live wire’ flavor that’s full of exciting ideas easily communicated with much enthusiasm. Yet its ideals may be impractical unless there is an Earthy quality to call upon for physical manifestation of them. Still, this indicates that a much-needed gregarious, sociable quality may infuse the December holidays and I, for one, am quite ready for that eventuality, aren’t you?
A caution, however, is that Sun Sag-Moon Gem blend of energies is prone to spreading itself too thin while overanalyzing things in order to hide its true feelings. It’s easy to live by one’s wits with this combination, plus, a ‘Peter Pan’ influence may be in the air.
This blend is friendly and open to other cultures, and is a natural teacher, spokesperson, or trendsetter. Its Image for Integration is:
“Robin Hood as a young boy plays truant from school to go to his archery lesson, but ends up teaching his card tricks to his master.”
(Sun Sign-Moon Sign, Charles & Suzi Harvey.)
Sounds a bit like MasterCards may come out of wallets for a few gift purchases! (And gift cards are fine – just send them on along!)
FYI, this particular witty, charming, and intellectual blend of Sag-Gem is shared natally by some very well known folk such as: Anna Freud, Jeff Bridges, Noel Coward, ‘New Ager’ Benjamin Creme, dictator Francisco Franco, chantreuse Edith Piaf, Green Party founder Petra Kelly, Kirk Douglas, Tina Turner, Gary Hart, Abbie Hoffman, and author C. S. Lewis.
Americans have President Grover Cleveland to thank for the political ploy of setting up an annual Labor Day, a Monday holiday for some that traditionally has meant speeches and parades through the towns and burroughs.
Imho, Cleveland established Labor Day in order to avert more crises with workers angry toward the government, not to honor them, which is a load of hogwash!
So considering the condition of the US labor market and too-high unemployment numbers, I suspect ‘parades’ may morph into demonstrations and protests this September 6, 2010.
This year the semi-holiday will give his opponents yet another opening to ‘make it’ about President Obama’s policies when massive layoffs are actually a decades-long trend brought to us by American and Global Corporatism.
Now if you’ve ever read this blog or my Political Astrology blog Stars Over Washington, you know that I consider our ‘two-party’ system to be a mirage. It’s ruling class vs we-the-people in my book with little if any difference between an R and a D.
Yet their waging of class warfare has been in evidence more clearly in recent years though it’s been a bone of contention off and on for decades in the US, perhaps since Day One in our plutocracy. The more Americans out of work, the more notice it’s a case of class warfare and yes, greed.
Particularly since the late 1800s, the era of the industrialists, aka the Robber Barons, workers’ jobs have been dependent upon upper crusters whose main concern with the bottom line is paramount; their craving for power only grows. While the rest of us long to pay our bills and decently support our families, the power elite long for more control over us…which includes the ability to lay off thousands at one swipe.
In fact, recent data of corporate earnings show that much of their ‘earnings’ are wispily based on letting go their workforce in massive numbers. A neat trick to increase profits, if you’re in the corporate ruling class, eh? And who’s to stop you? SCOTUS is on the side of corporations against the individual, as has been made exceedingly clear.
Well, in May 2010, Mother Jones reported that No matter what’s going on in the broader economy, Wall Street always thinks earning will be at least 12% or higher – part of their sneaky tricks of the trade, no doubt.
Yes, Wall Street’s Fuzzy Math and multiple sets of books bedevil the US economy but you don’t need any sort of math at all if you or a loved one are out of a job with no prospects for employment. You’re zero-for-zero and x-ed off the rolls. Turning to Congress for aid barely gets you a crust of bread though funds for war are easily financed.
So what to do for Labor Day 2010?
Will you march in a celebratory parade – or a had-enough protest?
What US gold reserves?
Since 1972 (Nixon following orders), the US has not pegged its paper money to a gold standard and many people are questioning where went the gold in Fort Knox. The rumor is that the Federal Reserve of New York may have sent theirs abroad to persons unknown as well.
Shades of the 1930s, FDR, and the financing of Nazi war plans!
So why not clear up the rumors and calm jittery nerves since it’s supposedly the job of the Fed to keep the populace feeling confident in our financial system?
Rep. Ron Paul: “If there was no question about the gold being there, you think they would be anxious to prove gold is there,” he said.
The obviously disturbing answer is that they can’t prove a negative. Therefore, with Paul’s recent Audit the Fed legislation weakened in Congress (with help from banking’s ‘special interests’) his new call to Audit US Gold Reserves is music to this skeptic’s ears.
Either US gold reserves are on hand to back up the dollar or they aren’t.
The American people deserve to know and we also deserve accountability and legal actions to be taken if Fort Knox is found to be empty.
So if you’ve ever read any of my ramblings here or at Stars Over Washington you may remember that my thinking has been that the affects and purpose of the attacks of 9/11/01 rippled handily into the Financial Crisis of 2008.
For one thing, 9/11′s Moon was at ’28Gemini’ = “Bankruptcy” in the Sabian Symbols, and Moon = ‘The People’ in a mundane astrology chart.
That Deutsche Bank maintained offices in the World Trade Center may be coincidental…or maybe not.
Now it’s becoming clear that although DB has always retained its distance from the 2007/08/09/10/+ mortgage crisis/foreclosure fiasco here in the US, the big bank’s mitts are actually all over it.
Is Deutsche Bank about to destroy Milwaukee? Read and see what you think.
Where American now treads? On you and me.
And if you’ve ever read my grousings online, here or @ Stars Over Washington, you may know that I consider America to be ‘my only nag in the race’ in spite of years of propaganda from our illusory ‘two-party system’ of government with its tiresome demonizing of the opposition at every turn…their win-at-any-costs political ideologies have helped sink us lower than kicked puppies under front porches – and are being perpetrated bwo their following of a long-planned NWO design.
Well, here’s an article that focuses on the financial crisis and then some, while it details more of what’s really issuing out of Washington than the average Democrat, Republican, tea partier, or militia woman cares to face or admit. To do so, one must put the ‘Ds vs Rs’ myth to rest where it belongs, and scoff at political shills like Sarah Palin as she attempts to whip up frantic support for a GOP sworn to undermine President Barack Obama (and America with him, if that’s what it takes. Besides, it’s NWO string-pullers who ultimately decide who will be US president, not Sarah Pallin worshipers, or other voters.)
Yet facing our demons so they can be identified and vanquished is all that will avail us during these difficult times. So if Washington politicians won’t take part in honest discussions about our problems (and from experience we know they won’t), then it’s up to us to uncover for ourselves and deal with the underbelly of greedy power-grabbing and deceit we’ve been scammed by through the decades.
Economist Simon Johnson often makes sense to me when he speaks of financial things. Now there’s 13 Bankers, a book explaining how and why our financial system was sabotaged and what we can do about it.
Sad to say, it’s doubtful that financial system reformer Senator Chris Dodd has had a chance to read it yet.
Update March 16, 2010: Well, few seem ready to try or send Tim Geithner to jail over financial improprieties according to the results of this poll so far. But you, lone reader, may still vote if you wish, and leave a comment if you will!
The cat’s out of the bag! As it turns out, former NY-Fedster Timothy Geithner knew very well that Lehman Brothers’ were ‘cooking the books’ and engaging in massive amounts of fraud prior to their controversial bankruptcy filing by using ‘creative bookkeeping’ and such.
Here’s an article by Mike Whitney detailing the shortcomings of Treasury Secretary Timothy Geitner and you may wish to check it out before you cast your vote.
In fact, I’d recommend reading it anyway, poll or no poll. Feel free!
Now we all know of Washington’s fuzzy math tendencies but perhaps there’s something just released that offers some small encouragement:
NPR BREAKING NEWS: Unemployment Rate Unchanged At 9.7 Percent
U.S. employers cut a smaller than expected 36,000 jobs in February, leaving the unemployment rate unchanged at 9.7 percent, according to a government report on Friday which said it was unclear how severe weather had impacted payrolls.
More at NPR.
In a mild fit of clarity of vision, a new poll declares that a majority of Americans still blame Bush for the economic collapse of 2008.
This is as it should be.
Do you think the Bush-Cheney master heisting of our treasure as they wiggled out the White House door has anything to do with this clear perception?
It begs credulity to suggest that neither of them have major offshore accounts filled to the brim!