As Pluto conjoins the Federal Reserve’s natal Sun,
opposite natal Pluto, a move to audit the Fed grows. It’s
a rare bipartisan proposal now wending its way through Congress.
Fed Chairman Ben Bernanke has spoken out strongly against
such an audit. He argues that much of what the Fed does
must be kept out of the hands of politicians, and asserts
that the Fed is responsible to the American people.
Which people does the Fed actually benefit? For the past
40 years, the middle class has been shrinking while the
rich have grown richer.
The Constitution specifies that Congress control the nation’s
money. When Congress created the Fed in December 1913, it
privatized control of money. But bankers have a legal responsibility
to maximize profits for shareholders, not the public.
The Fed creates and lends the nation’s money, 97%
of which is credit, not physical dollar bills. The Fed loans
money to government at interest and the interest is repaid
by taxpayers via the IRS. In other words, the Fed lends
credit money and is repaid in hard-earned cash (actually
Federal Reserve Notes). What it lends to government is called
“the national debt.”
With the national debt now at $13 trillion, it has become
there is no way the American people can repay even the interest
on this horrendous loan. And reducing working class Americans
to third world status will not solve this problem
An audit would also reveal the Plunge Protection Team. The
PPT was created by Executive Order during the Reagan Administration.
It’s a secret consortium of big money interests whose
duty is to protect against stock market crashes. It’s
an undercover financial operation. A recent Wall Street
Journal article (June 5, 2010) addressed this concern:
“Suspicions that the Fed has been a long standing
participant in the Plunge Protection Team (PPT) have reigned
forever, even though the Fed actively denies their participation.
If the Fed is audited, they will be forced to reveal how
funds are controlled, where they go and to whom, how often,
and how much. If the Fed artificially inflated the stock
market and thereby caused rising stock valuations through
undercover PPT activities, this will be determined by the
If/when the American public learns the truth about the Fed,
there will be outrage, and Pluto’s transit over the
Fed’s Sun-Pluto opposition will manifest as a major
transformation in how our money is created and distributed.
The PPT is small potatoes compared to the Fed’s impact
on the monetary health of American society. How money gets
distributed determines what kind
of society we become.
Adding to the potency of Pluto conjoined the Fed’s
Sun opposite its natal Pluto is an opposition of Saturn
and Uranus, forming a T square with Pluto.
Any astrologer who has experienced a transit of Pluto conjunct
natal Sun knows the potency of this aspect. In 1987, T Pluto
made three exact conjunctions with my Sun in Scorpio, conjoined
Mars and Moon, trine natal Pluto. Simultaneously, Uranus
squared my MC. The changes this put me through gave me a
new appreciation for the powers of Pluto and Uranus.
Given the Saturn-Uranus-Pluto T-square hitting the Fed’s
Sun-Pluto opposition, the transformation of the Fed is likely
to slowly build to a dramatic manifestation. The money system
will probably change and since money
is the fulcrum of modern culture, our entire way of life
Change can be painful even when it’s necessary for
a brighter future. A Native American saying advises, Sit
down with your pain and make friends with it. Pain is a
visitor who often leaves wonderful gifts
© Robert Gover
Robert Gover is author of many books, among others:
Time And Money
23 december 1913, Boston MA, 18.02 EST
(according to a copy of the Dec 24, 1913 edition of the
New York Times - Matthew Carnicelli)
- transits 2010-