Venus is Going Direct . . .What’s Next?

April 16, 2009

© Terry Lamb

It was a wild ride! When Venus turned retrograde on March 6 in Aries, we went into a 6-week transition period that ends tomorrow. It was complicated by several other planetary patterns and events, all of which are key culprits in the economic situation we currently face. The Saturn-Uranus opposition was triggered by Mars; Venus squared Pluto; and Pluto began its four-month retrograde period. (If this means nothing to you, suffice to say that it's a handful.)

So what happened? The stock market went up, and many are proclaiming that the end of the recession is in sight. Is it really?

Venus says, “Yes, yes, yes”, but the other planets say, “No, no, no.” Saturn-Uranus were coming together as the crash began to take shape, and they were in exact focus as it occurred. They will continue to interact in a similar fashion through July 2010. The whole economic transformation began when Pluto first entered Capricorn, in January 2008, with the market manipulation caused by French trader Jerome Kerviel when he engaged in fraudulent futures trading in 2007-08. This occurred on January 21-24, and Pluto entered Capricorn on January 25, 2008. Pluto will be in Capricorn for 15 more years.

This tells us it’s not over, but it is true that it is over in the form it has taken on the surface, the form that Venus represents. We may be able to recover now — but the forces that caused the crash and subsequent downturn are still able to wreak havoc on the system. To understand why I say that, we have to dig a little deeper. We have to look at the backstory on what brought on the instability in the banks and what made these titans fall. It wasn’t your subprime mortgage.

Naked Short-Selling Is at the Core.
It was naked short-selling, where a trader creates phantom shares for a company that cause its market value to crash. To learn more about what happened, watch this video by Judd Bagley, “Hedge Funds and the Global Economic Meltdown”. Although there undeniably were conditions that set us up for a fall of some grandeur sooner or later (mortgage-backed securities, the housing bubble, fraudulent loan practices involving subprime mortgages, falsified credit ratings), the crash would not have been so deep nor the credit tsunami so catastrophic without the criminal behavior of several Lord-of-the-Universe hedge fund managers who to date have been untouched and appear untouchable.

The Planetary Suspects
After the shock on January 24, the first hit from inside the US was landed on Bear Stearns on March 11, 2008, although the activities that led to this blow surely started before then. The planets that were activated then were Uranus and Mars-Pluto (the third contact of Mars with Pluto after its retrograde). This turned $1.7m into $270m in one week. Bear Stearns was rescued by the Federal Reserve and JP Morgan Chase (based on $29bn in taxpayer dollars to guarantee the merger) after employees lost more than $5bn on company holdings. Eight thousand lost their jobs. So, Uranus and Pluto, with a smattering of Mars, are the primary timers of events. Saturn joined their party by mid-summer, when it moved into range of Uranus, thickening the stew.

Here are some of the correlating events:

Pluto’s Retrograde Station
As Pluto went retrograde a week later, the Senate banking committee met in early April to figure out what happened to Bear. When they questioned SEC Chair Chris Cox, he sounded unconvincing as he made a commitment to investigate who did what and prosecute them. And he was all too revealing of his future actions: Nothing was done.
Uranus’s Retrograde Station
The second hit was against Lehman Brothers, starting June 27, in which criminal naked short-selling brought the price of Lehman Brothers down by 40% over two weeks. It was Uranus again, this time at its retrograde station (stationary retrograde). The SEC belatedly took action on July 15, choosing to require additional regulatory oversight starting July 21 over naked short-selling of the stocks of 19 large financial institutions like Lehman Brothers and Fannie Mae. This order was allowed to lapse mid-August.
Sun Conjunct Saturn and Opposite Uranus
Evidently the culprit(s) lay low for a while, and then on September 9 they struck again. After 90 million failed trades hit the market that week and the Fed decided not to bail them out, Lehman Brothers declared bankruptcy on September 15. For the two days following, traders leapt on Lehman like vultures, eaking every last cent out of it. By the 18th, this 158-year-old company had vanished. This is when the global economy crashed. The Sun-Uranus opposition was on September 12, and the first Saturn-Uranus opposition was on November 4.

And the Winner Is . . .
According to Judd Bagley, the bad guy(s) can be found among a handful of short-selling hedge fund managers, yet the SEC has yet to investigate them.

Since then, we have been in transition mode — the election, the new administration getting staffed and finding its feet, economic ups and (mostly) downs. The market psychology was confused, and this was certainly just as true during the past Venus retrograde. What was different is that there were a few indicators that leveled off, and this led to gains in the stock market. If there are no further giant hits to the markets, these gains may be more than window-dressing.

Breathing Room
However, the planets tell us that if the underlying problems are not fixed, we are in for more hits. It is my expectation that it will take another round of direct government intervention to get the financial system back to some semblance of normal. I also expect the process of re-regulating and of truly investigating the naked short-selling crimes to become the primary focus of government by the fall, when the next Saturn-Uranus contact occurs (September 15). This will start the final round of Saturn-Uranus experience, giving us the opportunity to rectify the system as best we can see how.

What After That?
It is hard to envision what will come after summer of 2010, when the final Saturn-Uranus opposition occurs. Uranus heads on to square Pluto, and this is the biggest challenge yet. We have a chance to get it right and dull the force of this momentous energy. At its best, we will be well launched into our green economy and seeing ever more ways to dampen our effects on the planet. We will have ameliorated the situation of those in the worst poverty and the most peril, so that when peaks of conflict and climatic extremes occur they will not be so dramatic. It is possible to uproot the worst of these challenges, and in many ways President Obama is approaching them wisely, at least in the arena of foreign relations.

Where the economy is concerned, in my opinion our leaders are on a steep learning curve. The financial systems as they currently exist defy the understanding of the most brilliant mind. This is, I believe, why the SEC hasn’t made any successful investigation of naked short-selling and related fraudulent trades; Chris Cox and his employees did not understand them. It remains to be seen if Obama’s SEC will do any better, or if we need a new regulatory body to manage the situation.

We Matter.
Incredible as it may seem, we matter. If we don’t become educated and speak out, the only advisors Congress and the Obama Administration will be able to listen to are the Lords of the Universe themselves. We don’t want these foxes guarding our henhouse.

How Long Do We Have Now?
We’ve probably got until June 2010 before the economic system will be subjected to any more events that will change the landscape, the game, and the rules substantially. At that time, there will be a palpable change in perspective and priority as three major planets enter cardinal signs: Jupiter, Uranus, and Saturn (in that order). (The cardinal signs are Aries, Cancer, Libra, Capricorn.) We’ll make another shift in course based on conditions as they exist then.

To be in harmony with the cardinal planets, we have to be courageous and pioneering, ready to think and act in a new way, and broad in perspective. Venus introduced us to the cardinal reality with her retrograde in Aries. She began the tempering process that we will experience during the coming 18 months of her current cycle (until her next retrograde) that will acclimate us to cardinal energy. Other emphases in cardinal signs will develop over that time as well, including eclipses starting this summer. (Eclipses occur roughly every 6 months.)

So, we can manage it, because we don’t have to take it all on at once. There are many doorways between now and then through which we can pass to make the situation better. The more enlightened we are about the time structure established by the planetary cycles and the human behaviors that correlate with them, the more prepared we will be to handle our experiences as they arise and make wise decisions to gain from them. We have the chance now more than ever to create a truly balanced and humane world.

Here’s what I wrote about this in my March forecast:

Hexagram 28, Preponderance of the Great, certainly speaks to our current economic situation. It refers specifically to a time when great power is unleashed in the universe and felt in human affairs. It is likened to a home whose roof sags in the middle because the beams overhead are poorly supported. Although we may have a tendency to think of such times as perilous and impossible to manage, the I Ching counsels us that it is “a time of great opportunity, so a time to take great care” (Carol Kay Anthony, A Guide to the I Ching). Hexagram 26, The Taming Power of the Great, describes a situation where forces are so strong, they threaten to throw us off balance (or already have). It describes a build-up of tension that often creates fear or anxiety and results in rash action. We are counseled here to “hold still, hold firm, and hold together”. (Anthony)

When we find ourselves in these circumstances, the first thing the I Ching advises is to reframe what is really going on: These surface appearances are signs that deep change is afoot, and that these are times of great opportunity — this is what great opportunity looks like. The next millionaires are created in an economic downturn. Even if you’re not the millionaire type, we each have the chance to reshape our lives more easily and build a more robust foundation because of the forces that are unleashed. The power that has been held in lockdown for years — in the financial empires, in the halls of government — is suddenly available to us. We can use it to start a new business or transform an existing one; to join a political movement that suddenly has a voice; to volunteer in creating social reform; and to carve our own unique path of meaning.