Back To The Future? 76 years ago .........

[Pallas180]

Star Iq

http://www.stariq.com/MarketWeek.HTM

-snip-


"With great pride and confident anticipation of the future, Gingrich pointed out that this past USA election was the first time in 76 years that the majority of voters put into office a Republican president and a Republican controlled Senate and House of Representatives. The underlying assumption was that this bodes well for America, and the world, because the Republican (conservative) party finally controls the legislative and executive branches of the government.

Let’s see… 76 years ago. That would be the term of 1929-1933. Let’s hope that history does not repeat itself. But alas, that was also the last time the Saturn-Uranus-Pluto formed a T-square to one another in the heavens. And that same configuration returns again 2008-2010. Once again we are headed towards a “Cardinal Climax.” Everything we are doing now is being pulled like a magnet to the climax of this forthcoming period. Saturn-Uranus-Pluto are now in a Yod formation with one another, alternating between sesquiquadrate and quincunx aspects through summer 2006, with Saturn traversing the midpoint of Uranus and Pluto. It is like being between a rock and a hard place. There is a frustration that things are not working out, and an ominous sense that something has to be done. But no one really knows exactly what to do. Nevertheless, the sense that something must be changed propels our leaders into action, to force something to change, because they have become convinced that things can’t stay the same and work. And the consequences of those decisions will likely come to fruition in 2008-2010… and may very well require more drastic measures… just like they did 76 years earlier when these same planets started moving towards a similar configuration.

We do have a choice. History via astrology teaches us that this is the time of the cycle to save save, save. Or invest in oneself. It is not a favorable time to increase one’s personal or national debt. But where do you save? In the United States? Which countries will be least vulnerable to a surprise devaluation, or default? The answer is: countries whose leaders are building surpluses, not run-away deficits. If George W. Bush is able to honor his promise to half the U.S. deficit in the next five years, then the U.S. will be a great place to hold your money. If you believe his actions will match his words, then stay with America. If not, then you better start looking for places and ways to diversify your portfolio through a broader base of non-dollar backed assets.

Unfortunately, astrology cannot answer this question for you. It can only point out the themes that were present in the past, and as you can see, the same themes and conditions seem to be arising again. But the choices we make—our leaders make—can be different, and can thus yield a different outcome. The Republicans control the White House, House of Representatives and the Senate for the first time since the Great Depression of 1929-1933. Let’s hope they can get it right this time.

[Pallas180]

1. "The dollar's decline " from the New York Times

Dollar's Steep Slide Adding to Tensions U.S. Faces Abroad


http://www.nytimes.com/2005/01/25/business/25dollar.html?ex=1264395600&en=b24ce6b9786cbaac&ei=5090&partner=rssuserland


By DAVID E. SANGER

Published: January 25, 2005


his article was reported by David E. Sanger, Mark Landler and Keith Bradsher and written by Mr. Sanger.

WASHINGTON, Jan. 24 - After a first term in which terrorism and war dominated President Bush's foreign policy agenda, his allies in Europe and Asia suspect that his next confrontation with the world could take on a very different cast: a potential currency crisis, in which a steep plunge in the value of the dollar touches off economic waves around the world


Already, the tensions over the dollar are becoming a recurring source of friction, a conflict that does not reverberate as loudly as the differences over Iraq but may be as deeply felt. At a meeting in Paris on Monday, the finance ministers of Germany and France complained that Europe had unjustly borne the brunt of the dollar's decline, and called for coordinated action to stop it.

"Europe has until now paid too big a share in this readjustment," Hervé Gaymard, the French finance minister, said. His German counterpart, Hans Eichel, said the United States needed to reduce its deficits, adding "each one has to play its role."

Two months ago, similar sentiments came from China's prime minister, Wen Jiabao, whose nation is at the center of a struggle with Washington over currency policy. He complained about the fall of the dollar, asking, "Shouldn't the relevant authorities be doing something about this?"

-snip

But should the dollar continue to fall - if, for example, global investors determined that Mr. Bush did not have the will to hold spending down - it would not only add to tensions, analysts said. It might also force up interest rates at home to keep foreigners interested in financing America's need to borrow more than $600 billion a year to cover its gap in the current account. The current account is the broadest measure of the trade and financial flows into and out of the country.

To be sure, the dollar's fall may never reach crisis levels, and in the last few weeks, after a more or less steady fall of almost 35 percent against the euro and 24 percent against the Japanese yen over the last three years, the dollar has stabilized a bit. Many experts argue that a further decline, if relatively modest and gradual, is entirely manageable.

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on edit ( T. Sec Snow of the la la land administration saying US economy in wonderful shape and they're just jealous.....)