NewsScope for April 13, 1998
by WolfStar
Pluto and Big Money
Citicorp and Travelers Group Inc. stunned the financial
world last week by proposing the biggest merger ever, a
deal which would create the largest company in the world
with assets of $700 billion. The proposed merger will likely
initiate a cycle of corporate consolidation in the
international finance sector, as well as the repeal of the
Glass-Steagall Act which technically bans the association
of banks with investment services.
Astrologically, the stage is set for American plutocrats to
step forward. The Citicorp-Travelers partnership comes as
Pluto, the planet of political and financial power, has
entered the U.S. second house of financial assets
(according to the Scorpio Rising horoscope*). Pluto moves
very slowly, having just completed an eleven year journey
through the U.S. first house.
Pluto’s passage over a critical point marks epochal changes
in American culture and history. When Pluto crossed the
American Ascendant in 1987, the Soviet Union was
imploding, giving the U.S. an identity crisis as the reigning
superpower. Also, in October of 1987 the stock market
crashed, reflecting Pluto’s association with Big Money.
Pluto’s long-term action can both elevate to superstardom,
or devastate to total ruin. When Pluto goes through
America’s second house, we can expect extreme
fluctuations in the nation’s actual wealth. One of Pluto’s
purposes is to redesign, a fact which is self-evident as the
U.S. Treasury is in the midst of redesigning the nation’s
currency to protect it from counterfeiters.
Several other major financial considerations in the news
last week reflected Pluto’s long-term impact in the second
house: Congress stepped up the attack on the rogue tobacco
industry by proposing a $516 billion settlement over 25
years (to protect the children - see Ceres discussion in last
week’s NewsScope). And President Clinton opened
discussion on what to do with the $trillion Social Security
issue as Baby Boomers reach retirement.
The Troubles in Northern Ireland
In a sweeping accord that reduced many hard-bitten
politicians to tears, negotiators cleared the way last Friday
for ''a new beginning'' for Northern Ireland after 30 years of
bitter rivalries and bloody attacks. Since Mercury is
retrograde, we can expect some major delays and obstacles
to completing this deal, but still, the emotional momentum
toward peaceful resolution has begun.
The tumultuous, violent period known as the “Troubles”
began on October 5, 1968 during a civil rights
demonstration in Derry. A horoscope drawn up for this date
shows astounding parallels to the current negotiation
process. Primarily, Saturn has now Returned to 22 degrees
Aries, exactly where it was when the Troubles began 30
years ago.
The Troubles chart also shows the hand of the United
States diplomatic corps in helping to resolve the conflict.
Venus, the planet of diplomacy, is located in Scorpio, right
on the U.S. Ascendant. 22 months ago (as the progressed
Sun approached Venus) President Clinton dispatched
former Senator George Mitchell to chair the negotiations.
The principal horoscope for the United Kingdom (set for
the coronation of William the Conqueror at Noon on
Christmas Day 1066), shows 22 degrees Aries Rising, yet
another confirmation of the significance of this historic
accord. The keen observer will note the transiting Pluto
square to the UK’s Jupiter, reflecting the natal Jupiter-Pluto
opposition, and the religious extremism inherent in these
discussions.
Tammy Wynette Bows Out
Tammy Wynette, best known for her signature song “Stand
By Your Man,” died last week in her sleep. For two
decades Wynette was the Queen of Country Music, with a
series of hits ("D-I-V-O-R-C-E," "Till I Get It Right," "They
Call It Making Love") that represented women whose lives
were falling apart.
Wynette was born a traditional Taurus (on May 5, 1942;
1:20 AM; Red Bay, AL), a Sun Sign which gets terribly
upset by instability and change. With her Capricorn Moon
in the isolated, vulnerable twelfth house, Wynette’s songs
evoked the strangled emotional core of classic country
music.
Wynette’s fame, her fulfillment of an American archetype,
is best represented by her Juno. The asteroid Juno, known
as the Queen of the Goddesses, is opposite her Sun and
near her Midheaven, the career point. Juno works best
through partnership, but becomes embittered and vengeful
when not treated fairly or respectfully.
Although an exact trine between the Sun and Moon
generally promotes ease and success, Wynette’s chart is
disturbed by a controlling, troublesome Pluto in the seventh
house of marriage. A life of agonizing mental dilemmas or
problems can also be seen in her Mercury, which must
decipher the conflicting demands of nearby Uranus and
Saturn.
* For a detailed look at the USA Scorpio Rising chart, visit
the Scorpio Rising home page. Reader feedback is
welcome. Email: wolfstar3@aol.com.
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