Pluto in Capricorn: Bear Stearns, JPMorgan Chase and The Fed

The day the news about Bear Stearns broke, I heard a surprised radio report about the surprising situation and drastic measures the Fed authorized, and I thought, “Geez, if that isn’t Pluto in Capricorn…”

Bear Stearns hit a liquidity (aka cash) crisis as a result of the shifting structures of the housing crisis stuff in the US that you can read about all over every media outlet. JPMorgan Chase offered a bailout, backed by the Fed.

I felt we needed to tease this out and take a moment to smell the aromas of the complexity of the developing scenario. Aside from what it is and means, what it is and means that the Fed stepped in and engineered the solution is huge in this.

But, then, all of a sudden we’re looking today at JPMC buying Bear Stearns at $2 per share, drastically lower than recent Bear Stearns prices.

If you allow that this situation represents that existing structures (Capricorn) need to be dramatically, irrevocably overturned (Pluto), you can understand that we need to see these how things are really working, how they’re really set up. And if you get this, you will not take this situation to mean that we are doomed, which is the vibe coming over the airwaves.

But here’s what I have to say about this whole thing: Notice if your belly is contracting.

Notice your feelings about the idea of a threat to your/our financial security.

Watch whatever feelings might be arising about this, and understand the collective, global need to see how huge banks/corporations/governments are set up so that we can consciously improve what might not be working.

I’m reminded that there is a huge invitation open to us right now as time seems to be speeding up, as we near whatever big shift we’re collectively headed for. Most of us aware of it will feel it as a constant challenge to remain connected to our feelings.

I’m recommending you don’t shut down from the fear that’s coming over the airwaves and ethernets. Also that you keep your eyes and ears open to how this develops, and see how this giant thing might hold keys to understanding the personal, smaller-scale situations in your own life relative to Pluto turning over any of your existing structures.

Some questions to ask with this transit, individually and collectively, are who’s in charge?, why?, how does this thing really work and can we say it really does work?

Tom is available for private intuitive astrology consultations. See his website for more info and contact information.

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March 17, 2008 By Tom Jacobs