NewsScope for September 28, 1998
by WolfStar
Capitalism On the Run
Wall Street shuddered last week when a leading hedge fund
was bailed out by a consortium of high-powered banks. The
speculative fund, Long-Term Capital Management, had
leveraged $2.2 billion in capital to buy exotic financial
transactions worth $1.25 trillion. Their bets in international
financial markets went wrong, and then threatened to
destabilize the whole system.
Astrologically, really big money is shown by Jupiter-Pluto
combinations, especially when linked to the second or
eighth houses of money. At the moment transiting Pluto is
forming a sharp angle (an inconjunction) to the U.S.
Jupiter, located in the eighth house* of capitalism. This
celestial climate calls for immediate adjustments within the
normally hidden universe of 3,000 global hedge funds. As
Pluto completes its link to the U.S. Jupiter over the next
week, watch for headline news about reining in America’s
plutocracy.
These events fall within the background of this year’s
Saturn-Neptune square which has spawned a global
condition referred to as Economic Contagion. From
Southeast Asia, to Russia, and now on to Brazil, once
secure economies are collapsing like a row of dominoes.
British Prime Minister Tony Blair and other statesmen are
calling for a major reforms in international capitalism to
protect economies threatened by international currency
speculators, such as Long-Term Capital.
The U.S. horoscope features four planets in the eighth
house, including Mars, which governs interest rates. Over
the coming week transiting Jupiter is activating America’s
Mars, and the Fed is expected to lower interest rates to
stimulate economic growth, and hopefully fend off what
economists are calling the worst international financial
crisis in 50 years.
Hillary on the Stump
Henry Hyde, chairman of the House Judiciary Committee,
announced his that committee will vote October 5 or 6 to
launch a formal impeachment inquiry against Clinton.
Then the House will likely approve the measure on October
9-10. These exact dates were given a week ago in this
column, perhaps demonstrating that Rep. Hyde follows
astrology.
Meanwhile, the First Lady was on the stump, supporting
Democratic candidates in five states who support a
child-care agenda. Saturn in early Taurus has been
opposing her intense Scorpio Sun during most of 1998,
giving her a major headache in the relationship department.
But this same Saturn is near her Ceres, helping to define
and promote all Ceres affairs, which in essence is the
child-care agenda. Saturn, if nothing else, is practical and
realistic.
Astrologers will want to watch Hillary closely over the next
year since her progressed Sun is opposing Uranus. This
combination is well-known for inspiring a highly
independent lifestyle, frequently disrupting or even ending
committed relationships. Mrs. Clinton’s favorite role model
is Eleanor Roosevelt, FDR’s politically astute,
cause-oriented wife.
Most of the global village is baffled over why America’s
political machinery is putting all geopolitical crises on the
backburner to address the President’s adulterous affair.
Perhaps no one better than Hillary understands that this
reflects the growing status of women in our times.
FloJo’s Last Race
Track star Florence Griffith Joyner died last Monday, an
apparent victim of a heart seizure. FloJo, as she was
popularly known, won three phenomenal Gold medals in
the 1988 Olympics, and dazzled the public with her sexy
style.
FloJo was born a trendy, sporty Sagittarian (December 21,
1959 at 12:11 am, Los Angeles, CA). Sagittarians love
speed, and with four planets in Sagittarius, including
athletic Mars and Jupiter, making a career out of going fast
was a natural.
FloJo also had Pallas Athene in Sagittarius, the asteroid
associated with designing and pattern recognition. She
enjoyed designing her own clothes, and wore racing suits
with hoods and bikini bottoms, with one leg, two legs and
see-through lace. She captivated cameras with her
6-inch-long fingernails polished in various bright colors
and designs.
FloJo’s record-breaking times in the 1988 Olympics was
marred by accusations that her performance was
drug-enhanced. In her natal chart, ambitious Saturn is
closely connected to glamorous, other-worldly Neptune.
The valleys and troughs of her career (Saturn) were always
accompanied by uncertainty (Neptune). At the time of her
1988 races, Neptune (the natural ruler of drugs) in her natal
horoscope and by transit was very active.
FloJo retired unexpectedly and at the height of her racing
career on February 25, 1989 when Saturn was returning to
its natal position, accompanied by Neptune. Last week she
died during the next turn of the Saturn-Neptune cycle, as
the two planets were square each other.
* For a detailed look at the U.S. Eighth house, visit the
Scorpio Rising home
page. Reader feedback is welcome.
Email: wolfstar3@aol.com.
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