Loving, Taming, and Mastering Your Pluto, Part 1: The Must-Love Pluto

Image by Engin Akyurt from Pixabay

Have you hugged, kissed, or thanked your Pluto today?

The Hated Pluto

Pluto is undoubtedly the most-hated body in astrology; it is also the most mysterious and controversial. The mystery of Pluto lies in its formidable power to simultaneously polarize and unite the opposites, and in a crushing forward motion, fundamentally reconstructs these elements into a new reality. People regard Pluto as ruthless and destructive, but they’re missing half the story. Pluto is alchemy. It purifies, condenses, and by demanding the utmost from everything it touches, brings upon metamorphosis. Pluto is also the outermost and slowest planet whose generational-defining cycle is observable during a human life time.

The Must-Love Pluto

Until you make the unconscious conscious, it will direct your life and you will call it fate.

C.G. Jung

So why should anyone love Pluto?

Because this incredible force is within all of us, and the misunderstanding –or worse –outsourcing of its function is a serious disservice and disempowerment to ourselves.

Pluto is not nice or pleasant, quite the contrary. Its ill repute –dark, intense, controlling, and destructive –routinely leads to the shunning of its manifestation and embodiment. Out of fear and misunderstanding, people deny and reject their personal Pluto in droves, as if ignoring their inner darkness will protect their virtue.

It’s well known in astrology that any unintegrated or neglected planet is a problematic planet. Denying the expressions of a celestial energy within ourselves is not unlike locking ourselves out of parts of our homes. Cobwebs gather in the dark corners, and the stale energy becomes dysfunctional. The “stuck” energy then releases in unexpected ways, wreaking havoc in our lives.

We either deal with Pluto on our terms, or on someone else’s. An alienated personal Pluto, like an unsecured weapon, is particularly troublesome. When we disown this power and refuse responsibility, we allow the power-to-be to coerce us into living in their construct and abide by their rules –be it psychological, social or spiritual. When we go along with the crowd to fit in, to “make it,” we hand over our personal power and our values waver. Drifting farther and farther from our essence and principles, we consent to powerlessness and become victims of circumstances. The awareness and integration of Pluto energy is the first step of psychic self-defense and essential psychological survival skill.

Darkness And Night Visions

Knowing your own darkness is the best method for dealing with the darknesses of other people.

C. G. Jung

Darkness is not inherently evil. In this secluded sanctuary our attention turns inward, our minds connect with the deep and the intangible. Our inner vision comes to life and we are cognizant of the undercurrents. This is where the spiritual struggles are fought and won.

Our Pluto work can only take place in darkness and isolation. Might as well –since there is no glamour in scrubbing off layers and layers of the old self until we’re red and raw. It’s painful, messy, and mostly likely, embarrassing to our egos.

In the process of reduction, unify, and transform, something precious –things we thought had defined who we are and our purpose in life –will be taken from us. The loss Pluto inflicted is often mistaken as threats to our survival. It triggers a tsunami of fear, despair, and trauma, as we put on the fight of our lives. In the best-case scenario, we accept our loss with stoic resignation. Most of the time, though, it brings on such pain that it feels as if our hearts are ripped out and put through the grinder.

When we thought we’ve had enough, Pluto will surely demand more. Finally, we are driven over the edge, diving head-first into the abyss in complete nakedness and vulnerability. During the slow-motion free fall, the magic happens: we rediscover the central truths of our lives. Who we are, why we are, how we’re supposed to live, all become crystal clear in its luminescence. This rediscovering of Self is Pluto’s ultimate gift.

Image by KELLEPICS from Pixabay

Ego The Clown

In reality the ego is like the clown in the circus, who is always putting in his oar to make the audience think that whatever happens is his doing.

Sigmund Freud

Ego is a collection of behavioral patterns we developed to better fit in the society. This departure from personal truths allows smooth social interactions, which promises improved access to wealth, power, and stability. The compromise comes with a price, however: as we increasingly grow tired of the constant tension between what we know to be true and how we’re expected to think and behave, we’re tempted to abandon our truths and let the social facade take over.

As soon as we conflate our ego with the Self, we’re subject to Pluto transits that turn this shaky composite into crumbles and force us to confront and re-consolidate the core of our existence. Only by separating our ego and true Self can we bypass human’s common downfalls and recurring trauma.

Once the Ego is dropped, we’re one step closer to mastering our Pluto and become an active co-creator of our lives. While we are in this world, we’re no longer beholden to this world. Our social facade is treated as a party costume and nothing more. We become a fractal of the Infinite, powerful and limitless.

The Beleaguered Hero

The dark night of the soul comes just before revelation.

Joseph Campbell

Human history is filled with cases of ego-driven, off-the-rail Pluto incarnates committing humanity’s worst atrocities and were met with equally gruesome ends. In timeless mythologies, heroes who enjoyed a grand mission send-off invariably encountered hardship and calamities that obliterated their confidence and prospect of victory. As they made the last ditch effort to face their fate in utter desperation and delirium, the fabled treasure presents itself in rarefied aura and transformed the seekers with its magic powers.

The untold story of Pluto is hidden in the legends of heroes. There’s no middle ground when seeking Pluto’s treasures, because the idea of losing and detaching from one’s ego in the process is too extreme for most people. On the other hand, since Pluto transits are always grueling, we might as well make them count. The more fearful and judgmental we are of its energy, the more we’ll be caught unprepared and traumatized. If we can maintain compassion for ourselves –or even keep some dark sense of humor when our layers are peeling off, we’re surely winners.

…anyone who attempts to do both, to adjust to his group and at the same time pursue his individual goal, becomes neurotic.

C. G. Jung

One thing is certain: when we love our Pluto, we are learning to harness this unstoppable energy to propel our path on and upward. It’s a straight and simple path once we get the clinging and the moderation (another word for control) out of the way. Attempting to ease this learning curve only delays and complicates it. The fear of “losing face” guarantees a drawn-out process rife with power struggles. More of that in part 2. (To be continued)

©2023 Brave New Real. All rights reserved.

Turmoil in the Second House – The U.S. Pluto Return (2021-2023) Part 3: History Rhymes (3)

Nixon Shock, The Aftermath

THE COST OF COMPROMISE

SHOCK WAVES FROM WASHINGTON

“…the dollar may be our currency, but it’s your problem…”

–Treasury Secretary John Connolly (Nitchter 2015)

Nixon’s announcement upended the international monetary system (Burns 2010), and caused mayhem in the currency markets. Countries that chose to hold their reserves in U.S. dollars suffered heavy losses and faced widespread economic turmoil. By mid-1973 the U.S. dollar had fallen by 25 percent on average, relative to the major Western currencies (Hammes and Wills 2005). “Shock waves from Washington’s decision to break the link with gold have rippled down the decades. The creation of the euro, the hollowing out of US manufacturing, the arrival of cryptocurrencies and the ability of central banks to print seemingly unlimited quantities of money can all be traced back to August 1971” (Elliott 2021).

I’m really very concerned about the way that things are shaping up politically in every one of these countries. Italy has a recession […] Germany has a recession […] we’re going to Moscow, but Japan is a mess. Western Europe is in a mess. We’ve given up our friends to our enemies.

—National Security Advisor Henry Kissinger, November 16, 1971 (Nichter 2015)

In December 1971, after months of negotiations, the Group of Ten (G-10) industrialized democracies agreed to a new set of fixed exchange rates in the Smithsonian Agreement. U. S. dollar was devalued by 8.5% against gold to $38 per ounce. Europeans revalued their currencies by a similar amount and Japan agreed to revalue Yen by 16.9%.

Dubbed “the most significant monetary agreement in the history of the world,” by president Nixon, the agreement was doomed from the start. On February 12, 1973, U. S. dollar devalued by another 10% to $42 per ounce of gold. Speculation against the dollar pushed other major currencies to float against the dollar and rang the death knell for the fixed rate exchange regime. Gold rose to $90 an ounce in mid-1972 and reached $195 by the end of 1974.

Gold Price (per ounce) in U.S. dollars, 1970-1976. Sources: FastMarkets, ICE Benchmark Administration, Thomson Reuters, World Gold Council. Courtesy of https://www.gold.org.
Inflation, stagflation, and Price control

Having talked until recently about the evils of wage and price controls, I knew I had opened myself to the charge that I had either betrayed my own principles or concealed my real intentions. Philosophically, however, I was still against wage-price controls, even though I was convinced that the objective reality of the economic situation forced me to impose them. …

What did America reap from its brief fling with economic controls? The August 15, 1971, decision to impose them was politically necessary and immensely popular in the short run. But in the long run I believe that it was wrong. The piper must always be paid, and there was an unquestionably high price for tampering with the orthodox economic mechanisms.

–President Richard Nixon, RN: The Memoirs of Richard Nixon

By all accounts, “Nixon’s economic package was a short-term success. Throughout 1972, the United States enjoyed the largest real growth (5.7 percent) and the lowest rise in consumer prices (3.3 percent) since the Johnson administration. Unemployment declined to 5.1 percent, and the American balance of payments deficit shrunk drastically from $29.8 billion in 1971 to $10.4 billion in 1972 (Nitchter 2015).


The 90-day wage and price control sought to “shield” the American people from the monetary shock and solve the inflation-employment dilemma. Such policy was supposed to allow the administration to maintain a loose fiscal policy without fanning inflation. However, inflation soon reignited after the election. In 1973 another round wage and price freeze failed to curb the inflation and was followed by stagflation.

When mandatory wage and price controls came to a complete end in 1974, the aftermath was far from pleasant. Energy shortages and high food costs contributed to an increase in inflation and to recession, and the pressure that built up after the period of controls lead into the destructive double-digit inflation that plagued the early months of the Ford administration. Three years after controls had complete [sic] ended, both unemployment and inflation hovered around 7 percent, and there was even nostalgia for the “good old days” in 1971 when we had only 4 percent inflation and 6 percent unemployment.

–President Nixon, RN: The Memoirs of Richard Nixon

Unemployment hit 9% in May of 1975. Inflation reached double-digit in 1974 and 1979. The U.S. dollar price for a barrel of oil rose from $3.35 in January 1970 to $32.50 by the end of the 1970s. The U.S. consumer price index rose by 106 percent during the 1970s. The high interest-rate that followed brought on the recession in the early 1980s.

Unemployment rage, Prime Loan Rates, and Consumer Price Index (CPI-U), 1968-1987

“The U.S. and other western countries struggled to cope with the inflationary shock. Corporate profitability suffered, encouraging firms to move their production plants to parts of the world where labour costs were cheaper. By the time the US started to take draconian steps to curb inflation at the end of the 1970s, Deng Xiaoping was launching the reforms that would turn China from an economic backwater into an industrial superpower. Fifty years after the collapse of the Bretton Woods system, China has emerged as a bigger threat to the US than the Soviet Union ever was”. (Elliott 2021)

The current official price for gold stock on Fed balance sheet is at $42.22 per ounce (as of October, 2022, source https://www.federalreserve.gov/data/intlsumm/current.htm). By the end of the 1970s, gold had risen 1200% to more than $455. The open market price in 2022 is between $2091 and $1621 (as of November 25, 2022).

Gold price data as of November, 2022. Source https://www.gold.org/goldhub/data/gold-prices

THE CANTILLON EFFECT

Income inequality has significantly increased since the late 1960s, coinciding with the onset of the great inflation and welfare expansion. Since the Nixon presidency, richest Americans has experienced the fastest income growth while the real household income stagnated. 

One often-downplayed consequence of monetary expansion is recognized by Irish economist Charles Cantillon (1680-1734).  Cantillon observed that when money supply expands, those closest to the source of new money benefits the most, because they can purchase assets before the inflation occur. Those farthermost from the source of new money suffer the most, because they will bear the burden of inflation before their wages catch up with the price increase.

In other words, when massive amount of new money is created, not only does it lead to inflation but also chooses winners and losers. In our modern economy, the money expansion by central banks favors government, large corporations (that lobby the congress), and investors of these corporations. The accumulated effect leads to Plutocracy (government by the wealthy, of the wealthy, and for the wealthy) and Plutonomy (concentration of wealth), and threatens democracy. This effect is demonstrated by the stagnant real median household income over the past decades while asset price soared with the cost of living. When politicians advocate the “multiplier effect” of loose monetary policy “for the poor,” they conveniently leave out the fact that such policy exacerbates income inequality and worsens economic conditions for savers, people on fixed incomes, and wage earners, whose income increase persistently fall behind the inflation.

Consider the following recent headlines that demonstrate the Cantillon Effect in action, and how it bestows power and spreads corruption through central bankers, government insiders, and investment firms:

The New York Times, September 27, 2021. https://www.nytimes.com/2021/09/27/business/fed-rosengren-kaplan.html

Defense News, March 9, 2022. https://www.defensenews.com/congress/2022/03/09/bidens-ukraine-aid-package-is-getting-super-sized-by-congress/

Politico, April 11, 2022. https://www.politico.com/newsletters/politico-influence/2022/04/11/business-booming-for-hunter-biden-linked-firm-00024459

Reuters, April 29, 2022. https://www.reuters.com/world/pelosi-hopes-pass-33-bln-ukraine-aid-bill-as-soon-possible-2022-04-29/

Reuters, August 8, 2022. https://www.reuters.com/world/europe/exclusive-us-send-45-billion-more-ukraine-budget-needs-2022-08-08/

Defense News, August 8, 2022. https://www.defensenews.com/opinion/commentary/2022/08/08/even-in-a-challenging-period-publicly-traded-defense-stocks-thrive/

Reuters, August 18, 2022. https://www.reuters.com/world/biden-administration-readies-about-800-mln-additional-security-aid-ukraine-2022-08-18/

Reuters, September 26, 2022. https://www.reuters.com/world/us/us-congress-negotiators-set-12-bln-new-ukraine-aid-2022-09-26/

Defense News, September 29, 2022. https://www.defensenews.com/congress/2022/09/29/republicans-push-biden-to-use-21-billion-ukraine-aid-set-to-expire/

The Wall Street Journal, Oct. 11, 2022. https://www.wsj.com/articles/government-officials-invest-in-companies-their-agencies-oversee-11665489653

Reuters, November 9, 2022. https://www.reuters.com/world/europe/biden-says-he-expects-ukraine-aid-continue-uninterrupted-2022-11-09/

Defense News, November 15, 2022. https://www.defensenews.com/congress/budget/2022/11/15/white-house-requests-38-billion-more-in-ukraine-aid/

BlackRock press release, November 16, 2022. https://www.blackrock.com/corporate/newsroom/press-releases/article/corporate-one/press-releases/blackrock-financial-markets-advisory-to-advise-ministry-of-economy-of-ukraine

Reuters, November 23, 2022. https://www.reuters.com/world/europe/us-authorizes-400-mln-new-military-aid-ukraine-2022-11-23/

The Wall Street Journal, November 21, 2022. https://www.wsj.com/articles/sam-bankman-fried-ftx-team-among-top-political-donors-before-bankruptcy-11668949205

The Washington Times, November 27, 2022. https://www.washingtontimes.com/news/2022/nov/27/hunter-bidens-dubious-business-dealings-raise-spec/

Reuters, December 6, 2022. https://www.reuters.com/world/us-lawmakers-authorize-800-million-more-ukraine-defense-bill-2022-12-07/

Reuters, December 9, 2022. https://www.reuters.com/world/biden-authorizes-new-275-mln-military-aid-ukraine-white-house-2022-12-09/

Bloomberg, December 12, 2022. https://www.bloomberg.com/news/articles/2022-12-12/ftx-bankruptcy-puts-73-million-of-political-donations-at-risk?sref=ZMFHsM5Z

Epoch Times, December 16, 2022. https://www.theepochtimes.com/more-than-80-cities-counties-using-federal-pandemic-aid-to-fund-guaranteed-income-pilot-programs_4927888.html

Reuters, December 21, 2022. https://www.reuters.com/world/europe/us-announces-185-billion-additional-military-assistance-ukraine-2022-12-21/

Bloomberg, December 29, 2022. https://www.bloomberg.com/news/articles/2022-12-29/bankman-fried-met-white-house-aides-in-pre-collapse-crypto-push?srnd=premium

Bloomberg, December 29, 2022. https://www.bloomberg.com/news/articles/2022-12-29/biden-signs-1-7-trillion-funding-bill-that-includes-ukraine-aid?srnd=premium

IS THIS TIME DIFFERENT?

Money Supply Growth and Inflation, 2015-2022. Source: https://www.atlantafed.org/blogs/macroblog/2022/08/31/can-1970s-help-inform-future-path-of-monetary-policy.aspx

There are two leading causes of inflation we’re seeing today.  The first cause of inflation is a once-in-a-century pandemic.  Not only did it shut down our global economy, it threw the supply chain and demand completely out of whack…
And this year we have a second cause — a second cause: Mr. Putin’s war in Ukraine.
You saw — we saw in March that 60 percent of inflation that month was due to price increases at the pump for gasoline.
Putin’s war has raised food prices as well, because Ukraine and Russia are two of the world’s major breadbaskets of — for wheat and corn — …

Normally — normally, we’d have already begun to export them into the market. … But it’s difficult because, again, of Putin and the Russian invasion of Ukraine.

– President Joe Biden, May 10, 2022
Housing Price Index and Consumer Price Indexes January 2020 – October 2022. Beginning of grey area indicates the start of Covid pandemic; end of grey area indicates the beginning Fed bond buying program (March 23, 2020-March 2022, including $87 billion in Treasuries and $34 billion in mortgage bonds); orange line indicates the start of Russian-Ukraine War (February 2022).

At the time of writing, the third and final conjunction of U.S. Pluto return is fast approaching. The difference between a Pluto trine in the 1970s and current Pluto return is that this time around, the transiting Pluto is both working for and against the U.S. The outward destruction and inner transformation –both constructive and destructive –work as one. The corruption (Pluto) in value (2nd house) is more intensified; so is the downfall and resurrection.

Pluto energy is both intensifying and transformative. Collectively, this energy rarely acts under freewill. What we’re presently witnessing (as of December 2022) is a strong and self-destructive force that will not quit until both fundamental change and significant collateral damage occur.   

U.S.’s second house Pluto historically triggers money, currency and trade issue during important transits, this time is no different. Economists and market observers have come to the realization that the inflation/stagflation is resurfacing. This time, the Fed, caught between high inflation and high interest rate, is out of arsenals. “If the Fed runs down the SOMA (System Open Market Account. Fed’s asset portfolio containing the assets acquired and to be sold during open market operations) portfolio too much, they will break something in the market. If they don’t, we are stuck with inflation.” (Chavez-Dreyfuss 2022). Currently, the National debt to GDP ratio is at the highest since World War II.  The debt servicing cost is at a steady up trend, and the treasury market liquidity is at crisis-level low. 

U.S. Net Exports of Goods and Services

Reminiscent of the great inflation of the 1970s, we are facing social and geopolitical tensions, overreaching government, volatile financial markets, and high inflation. In addition, we have unsustainable level of government and private debt, and a formidable geopolitical opponent to whom we continue to transfer funding, data, and advanced technology. In Nixon’s words: “the most formidable enemy that has ever existed in the history of the world –China.

We won’t know to what extent and how this Pluto Return will manifest until the dust settles. If history is any guide, the inflation will not be transitory and the recession will not be shallow. Whatever temporary fix for structural problems will have long-lasting impact and unintended consequences.

It would be prudent to review major legislation and executive orders during the crucial Pluto return period (between March 2021 to December 2023). The policies that aim to solve long-term problems with political compromises –or worse, outright corruption –will not work as intended, and will likely carry pernicious consequences. It’s not too late to recognize the folly of our experts and officials, and the destruction the political class can inflict on our lives. The least we can do is to insulate ourselves as much as possible in the wake of their short-sighted and disastrous policies.

Federal government budget surplus or deficit (Green)
Government current expenditures: Welfare and social services (Blue)
Federal Government: National Defense Consumption: Expenditures and Gross Investment (Red)

Conservatives are always at a disadvantage when speaking about economics because their belief that some pain may be necessary now to save the patient later is conventionally interpreted by liberal politicians and commentators as “heartlessness” or “callous indifference to human suffering.”

It is unfortunate that the politics of economics has come to dictate action more than the economics of economics. Not surprisingly, when prudence clashes with political reality, the latter sometimes triumphs.

—President Richard Nixon, RN: The Memoirs of Richard Nixon

ADDITIONAL READING

REFERENCE

Abrams, Burton A. 2006. “How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes.” Journal of Economic Perspectives, no. Volume 20, Number 4: 177–88. https://fraser.stlouisfed.org/title/journal-economic-perspectives-1167/richard-nixon-pressured-arthur-burns-evidence-nixon-tapes-2388.

Bordo, Michael D. 2018. “The Imbalances of the Bretton Woods System 1965 to 1973: U.S. Inflation, The Elephant in the Room.” NBER. National Bureau of Economic Research. December 2018. http://www.nber.org/papers/w25409.

Bordo, Michael, Eric Monnet, and Alain Naef. 2017. “The Gold Pool (1961-1968) and the Fall of the Bretton Woods System. Lessons for Central Bank Cooperation.” National Bureau of Economic Research. 2017. https://economics.ucdavis.edu/events/papers/copy2_of_417Bordo.pdf.

Bryan, Michael. 2013. “The Great Inflation .” Federal Reserve History. November 22, 2013. https://www.federalreservehistory.org/essays/great-inflation.

Butkiewicz, James L., and Scott Ohlmacher. 2021. “Ending Bretton Woods – The Economic Historian.” The Economic Historian. December 7, 2021. https://economic-historian.com/2021/12/ending-bretton-woods/.

Chavez-Dreyfuss, Gertrude. 2022. “Analysis: Nagging U.S. Treasury Liquidity Problems Raise Fed Balance Sheet Predicament.” Reuters. November 8, 2022. https://www.reuters.com/markets/us/nagging-us-treasury-liquidity-problems-raise-fed-balance-sheet-predicament-2022-11-08/.

Eichengreen, Barry. 2000. “From Benign Neglect to Malignant Preoccupation: U.S. Balance-of-Payments Policy in the 1960s.” National Bureau of Economic Research, March.

Elliott, Larry. 2021. “Rise of Cryptocurrencies Can Be Traced to Nixon Abandoning Gold in 1971.” The Guardian. August 15, 2021. https://www.theguardian.com/business/2021/aug/15/rise-of-cryptocurrencies-can-be-traced-to-nixon-abandoning-gold-in-1971.

Ferrell, Robert H. 2010. Inside the Nixon Administration: The Secret Diary of Arthur Burns, 1969-1974. University Press of Kansas.

Ghizoni, Sandra Kollen. 2013. “Nixon Ends Convertibility of U.S. Dollars to Gold and Announces Wage/Price Controls.” Federal Reserve History. November 2013. https://www.federalreservehistory.org/essays/gold-convertibility-ends.

Ghosh, Atish Rex. 2021. “From the History Books: The Rethinking of the International Monetary System.” IMF Blog. August 16, 2021. https://www.imf.org/en/Blogs/Articles/2021/08/16/from-the-history-books-the-rethinking-of-the-international-monetary-system.

Ghosh, AtishRex. 2021. “Behind Closed Doors.” International Monetary Fund|Finance & Development. September 2021. https://www.imf.org/en/Publications/fandd/issues/2021/09/book-review-three-days-at-camp-david-garten.

Hammes, David, and Douglas Wills. 2005. “Black Gold: The End of Bretton Woods and the Oil-Price Shocks of the 1970s.” The Independent Review.

Hetzel, Robert L. 2013. “Launch of the Bretton Woods System.” Federal Reserve History. November 22, 2013. https://www.federalreservehistory.org/essays/bretton-woods-launched.

Humpage, Owen. 2013. “The Smithsonian Agreement.” Federal Reserve History. November 22, 2013. https://www.federalreservehistory.org/essays/smithsonian-agreement.

Lehrman, Lewis E. 2011. “The Nixon Shock Heard ’Round the World.” The Wall Street Journal. August 15, 2011. https://www.wsj.com/articles/SB10001424053111904007304576494073418802358.

Lowenstein, Roger. 2011. “The Nixon Shock.” Bloomberg Businessweek. August 4, 2011. https://www.bloomberg.com/news/articles/2011-08-04/the-nixon-shock.

The Washington Post. 2019. “How Paul Volcker Beat Inflation and Saved an Independent Fed.” Washington Post. December 10, 2019. https://www.washingtonpost.com/business/economy/how-paul-volcker-beat-inflation-and-saved-an-independent-fed/2019/12/10/7e58d7ae-1b64-11ea-87f7-f2e91143c60d_story.html.

Mandelman, Federico, and Brent Meyer. 2022. “Lessons from the Past: Can the 1970s Help Inform the Future Path of Monetary Policy?” Federal Reserve Bank of Atlanta. August 31, 2022. https://www.atlantafed.org/blogs/macroblog/2022/08/31/can-1970s-help-inform-future-path-of-monetary-policy.aspx.

Manly, Ronan. 2021. “British Requests for $3 Billion in US Treasury Gold – The Trigger That Closed the Gold Window.” BullionStar. August 16, 2021. https://www.bullionstar.com/blogs/ronan-manly/british-requests-for-3-billion-in-us-treasury-gold-the-trigger-that-closed-the-gold-window/.

Meltzer, Allan H. 2005. “Origins of the Great Inflation.” Federal Reserve Bank of St. Louis Review, March 2005.

“Milestones: 1969–1976 – Nixon and the End of the Bretton Woods System, 1971–1973.” n.d. Office of the Historian. Accessed November 15, 2022. https://history.state.gov/milestones/1969-1976/nixon-shock.

“Money: De Gaulle v. the Dollar.” 1965. Time, February 1965.

“Money Matters: An IMF Exhibit — The Importance of Global Cooperation | System in Crisis (1959-1971).” n.d. International Monetary Fund. https://www.imf.org/external/np/exr/center/mm/eng/sc_sub_3.htm.

New York Times. 1971. “Call to Economic Revival,” August 16, 1971.

Nichter, Luke. 2015. Richard Nixon and Europe. Cambridge University Press.

Nixon, Richard Milhous. 1978. RN: The Memoirs of Richard Nixon. Touchstone Books.

Nixon Tapes, Oval Office 570-44. 1971. 12:07-12:53 pm

Ohlmacher, Scott W. 2009. “Ths Dissolution of the Bretton Woods System, Evience from the Nixon Tapes, August-December 1971.” Honors Degree Thesis, University of Delaware.

Rand, Ayn. 1967. Capitalism. Signet. Gold and Economic Freedom by Alan Greenspan

Rothbard, Murray N. 2018. “The Monetary Breakdown of the West.” Mises Institute. March 7, 2018. https://mises.org/library/monetary-breakdown-west.

Strong, Bill, John Hathaway, and Stephanie Pomboy. 2021. “ ‘Nixon Shock’ 50 Years Later, Remembering the 1970s.” Sprott Insights. August 15, 2021. https://sprott.com/insights/video-nixon-shock-50-years-later-remembering-the-1970s.

“The Challenge of Peace: President Nixon’s New Economic Policy.” 2014. Richard Nixon Foundation. August 15, 2014. https://www.nixonfoundation.org/2014/08/challenge-peace-nixons-new-economic-policy/.

“U.S. Spent $141‐Billion In Vietnam in 14 Years.” 1975. The New York Times. May 1, 1975. https://www.nytimes.com/1975/05/01/archives/us-spent-141billion-in-vietnam-in-14-years.html.

Wapshott, Nicholas. 2021. Samuelson Friedman: The Battle Over the Free Market. W. W. Norton & Company.

Yergin, Daniel, and Joseph Stanislaw. 1997. The Commanding Heights.

©2022 Brave New Real. All rights reserved.

Turmoil in the Second House – The U.S. Pluto Return (2021-2023) Part 3: History Rhymes (2)

The Nixon Shock

Few days in modern economic history are remembered as a day of infamy like August 15, 1971, when President Richard Nixon suspended U.S. dollar’s convertibility to gold.  The “Nixon Shock” permanently and fundamentally transformed U.S.’s economy and governance, its impact reshaped international trade and geopolitics.

Taking place during the Pluto trine (when transiting Pluto formed a 120° angle to the U.S. Pluto), this series of events played out along the path of political expediency and betrayal of principles, which were followed by pernicious effects. The result was the corruption of core values (Pluto in 2nd house): currency devaluation, economic recession, a tectonic shift of socioeconomic landscape, and the government’s increased control over personal freedom and prosperity – all signatures of U.S. Pluto transits.

The trine between two planets indicates both energies working in sync and in harmony. The influences materialize swiftly. Due to the lack of conflict, the natives can be careless and unaware. In the case of U.S. Pluto, the trine with transiting Pluto means the powerful, corruptive forces –both within and without—are working as one, unobstructed. What we observed was the compromise of core beliefs, broken promises, deceptions, and secrecy.

Policies made during U.S. Pluto transits often corresponded with the destruction of status quo and the expansion of federal government. The quick-and-dirty solution frequently leads to unintended consequences that work the opposite of the original intention, since Pluto’s pattern is also to ensnare and complicate. The impact of these policies does not fully materialize until years, even decades later. This episode is a cautionary tale of a politicized economy and its aftermath.

Consumer Price Index for all items for the United States (Blue)
Consumer Price Index: Food in U.S. City Average (Green)
Consumer Price Index: Energy in U.S. City Average (Red)
Median Sales Price of House in the U.S. (Purple)
Median family income (Gold)
1960 – 2022. Price in August (Q3) 1971 is indexed at 100

Transit Pluto trine U.S. Pluto (120-degree angle)

Effective periods:

November 4, 1969 – February 26, 1970

September 2, 1970 – October 27, 1970

March 12, 1971 – August 26, 1971

Exact dates: September 29, 1970; April 20, 1971; July 24, 1971

Themes:

  • Compromise of principle for political expediency
  • Financial crisis, inflation, and currency devaluation
  • Plutonomy (Wealth redistribution, disparity, and concentration)
  • Plutocracy (Expansion of government control. Government by the wealthy, of the wealthy, and for the wealthy.)
  • Trade wars and currency wars

THE BRETTON WOODS SYSTEM

In July 1944, near the end of World War II, delegates from 44 nations gathered at the Bretton Woods Conference to rebuild the international monetary system. United States dominated the post-war economy and its dollar emerged as the world’s reserve currency. The U.S. government agreed to back every dollar overseas with its gold reserve at $35 per ounce, and all other countries pegged their currencies to the dollar.

The Bretton Woods system became functional in 1958. Since U.S. owned over half of the world’s gold reserve, the system was stable for a time. Foreign countries continued to acquire dollars and spend on American industrial exports, and their U.S. dollars were saved in interest-bearing accounts rather than converted to gold (Lowenstein 2011).

U.S. Gold Stock and External Liabilities 1951-1975 (Bordo, Monnet and Naef 2018) https://economics.ucdavis.edu/events/papers/copy2_of_417Bordo.pdf

THE LONDON GOLD POOL

In order to provide dollars for international trade, U.S. ran a persistent balance of payment deficit (expenditure exceeding income) and redeemed overseas dollars in gold upon request. In 1961, the amount of outstanding dollar claims began to exceed the U.S. government’s gold reserve. The London Gold Pool was established to shoulder the burden of gold outflow with member nations and defend the $35 gold price.

The stabilization mechanism was not to last. The Federal Reserve shifted to an inflationary policy in 1965, violating the rules of the Bretton Woods System (Bordo, Monnet, and Naef 2017). In the same year, French president Charles De Gaulle led the charge to repatriate gold and subsequently withdrew from the London Gold Pool. Other countries followed suit and the gold run accelerated.

Unfazed, the U.S. government carried on its “benign neglect” policy, running ever-larger balance of payments deficits and increased spending on Great Society program and the Vietnam war. The Johnson administration (1963-1969) doubled the national deficit and flooded the world with dollars.

As the U.S. dollar became further overvalued and oversupplied, foreign central banks and traders accelerated their dollar-to-gold conversion. In 1966, foreign central banks and governments held over 14 billion U.S. dollars. The United States had $13.2 billion in its gold reserve, only $3.2 billion of which was available to cover foreign dollar holdings.

On March 14, 1968, the United States requested the London gold markets to halt trading amidst overwhelming demand; the two-week closure spelled the official collapse of the London Gold Pool. On March 18, the congress voted to eliminate the gold reserve requirement for Federal Reserve Notes –namely, the U. S. Dollar. The measure exacerbated the devaluation and damaged the U.S.’s credibility. (Bordo 2018)

A two-tiered gold system emerged in effort to shore up the U. S. dollar and contain gold’s surging price. Foreign central-banks pledged to stop trading gold on the open market and reaffirmed the $35 price among central banks. Gold price in the open market was left to float freely. Incidentally, American citizens had been barred from owning monetary gold since 1933. The U.S. Supreme Court ruled the gold confiscation was constitutional during U.S. Pluto and transiting Pluto opposition (forming a 180-degree angle) in 1935.

THE DOLLAR CRISIS OF 1971

What’s our immediate problem? We are meeting here today because we are in trouble overseas. The British came in today to ask us to cover $3 billion, all their dollar reserves. Anyone can topple us – anytime they want – we have left ourselves completely exposed.

—John Connally, Secretary of the Treasury (1971-1972), August 1971

The fiscal and monetary tightening in 1968 brought some relief to the gold outflow; it also caused the recession in 1970. Despite inflation nearing a two-decade high, Nixon was more worried about persistent high unemployment rates, fearing it would threaten his re-election victory.  He relentlessly harassed and pressured Burns –through whisper campaigns, blackmailing and mixed messages –to accelerate money supply “vigorously and aggressively”. Starting in early 1971, Burns forwent his cautious stance and repeatedly slashed the Fed discount rate. Inflation and the run on the dollar resumed. In June 1971, gold in the open market rose above $40 per ounce.

In early August of 1971, United States lost $850 million in gold reserves in just one week. The French had called in over $1 billion in reserves in the a few weeks prior (after an $191 million purchase); the Germans and the Dutch were looking to call in some $200 – 250 million more. (Ohlmacher 2009)

The last draw came on August 12, when the British ambassador appeared before the United States Treasury and asked that $3 billion be converted into gold. That amounted to one quarter of the remaining U. S. gold reserves.

With the run on the dollar at an all-time high and Nixon administration unwilling to tighten, the Bretton Woods framework reached a breaking point. Nixon had wanted to hold off a decision until after the 1972 election, but was advised that doing so would risk hemorrhaging billions more from the gold reserves. To put an immediate stop to market speculation, Nixon’s advisors impressed upon him that the announcement must be made before the markets’ open on the next Monday, which meant broadcasting during the Sunday prime time.

SECRET CAMP DAVID MEETING

On the afternoon of Friday, August 13, 1971, President Nixon holed up with fifteen advisers and staff members at Camp David to confront the economic crisis. The course of action was set: all that was needed was a united front within the administration. Nixon was preoccupied with the short-term economic outcomes and how it would impact of his re-election in 1972 (Ohlmacher 2009); more time was spent discussing the timing and the presentation of the speech than how the economic program would work (Yergin and Stanislaw 1997). Despite of the policy’s enormous impact on international relations and global trade, no foreign policy advisors were invited. Federal Reserve chair Arthur Burns vehemently opposed the closing of the gold window, but he was marginalized and overruled.

Secretary of Treasury John Connally played to the president’s insecurity and advocated dramatic display of leadership. Having infamously said “foreigners are out to screw us … our job is to screw them first,” Connally convinced the president to bypass the Congress and plan in secret ahead of the European finance ministers’ meeting, which would release a joint statement on the United States’ role in the international financial crisis (Ohlmacher 2009).

We can stop convertibility very easily – by just saying so…The next thing is that you probably ought to float this exchange rate with the other currencies of the world. …We have a floating currency… We can take these steps without revaluing gold.

—John Connally, Secretary of the Treasury, August 1971 (Ohlmacher 2009)

Connally assured Nixon that he did not have to be the president who devalued the dollar, and advised him to conflate the closing of the gold window with a domestic policy package: “Whatever we do in the international field – it seems to me – ought to be coupled with action on the domestic front so that they tend to shield each other”. “Posture it as being competitive,”  such action would have “no political downsides. At all. And a great deal of upsides”. (Ohlmacher 2009)

THE NIXON SHOCK (& LIES)

On the evening of August 15, 1971 president Nixon delivered a live, prime-time speech to outline his sweeping economic reform. In a broad stroke, Nixon proposed a 10 percent tax credit for business investment, repeal of the 7-percent excise on automobiles, and speeding up income tax exemption. He also ordered a cut in Federal spending and foreign aid, pay freeze, and downsizing government personnel.

By executive order, Nixon imposed a 90-day wage and price control to counteract inflation expectations. As his dramatic announcement seemingly drew to a close, Nixon segued into blaming international currency traders for unemployment and inflation, arguing for a strong dollar, trade competitiveness, decoupling from gold, and monetary stability in the same breath:

The third indispensable element in building the new prosperity is closely related to creating new jobs and halting inflation. We must protect the position of the American dollar as a pillar of monetary stability around the world.

In the past 7 years, there has been an average of one international monetary crisis every year. Now who gains from these crises? Not the workingman; not the investor; not the real producers of wealth. The gainers are the international money speculators. Because they thrive on crises, they help to create them.

In recent weeks, the speculators have been waging an all-out war on the American dollar. The strength of a nation’s currency is based on the strength of that nation’s economy, and the American economy is by far the strongest in the world. Accordingly, I have directed the Secretary of the Treasury to take the action necessary to defend the dollar against the speculators. I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in amounts and conditions determined to be in the interest of monetary stability and in the best interest of the United States.

Now, what is this action which is very technical? What does it mean for you? Let me lay to rest the bugaboo of what is called devaluation. If you want to buy a foreign car or take a trip abroad, market conditions may cause your dollar to buy slightly less. But if you are among the overwhelming majority of Americans who buy American-made products in America, your dollar will be worth just as much tomorrow as it is today….

I am determined that the American dollar must never again be a hostage in the hands of international speculators.

I am taking one further step to protect the dollar, to improve our balance of payments, and to increase jobs for Americans. As a temporary measure, I am today imposing an additional tax of 10 percent on goods imported into the United States. …

As a result of these actions, the product of American labor will be more competitive, and the unfair edge that some of our foreign competition has will be removed. This is a major reason why our trade balance has eroded over the past 15 years.

–President Richard Nixon, August 15, 1971

With this announcement, U.S. unilaterally suspend the dollar’s convertibility into gold, effectively dissolved its international obligations and ended the Bretton Wood system. Nixon blamed “international speculators” for U.S. losing competitiveness and imposed a 10% tariff on all imported goods until a new international monetary agreement was made.

President Nixon has moved with startling decisiveness to stabilize the dollar and spur economic growth. (He) has now provided the leadership which is even more essential than any specific proposal for turning the economy around and starting it back on the road to full employment, price stability and competitiveness in an open world market.

The New York Times, August 16, 1971

The new policy was well-received by the media as well as Wall Street, with the S&P 500 booking the largest one-day gain of the year.

POLITICAL EXPEDIENCY

… between now and the election in November [1972], there must be one paramount consideration. And that paramount consideration is not the responsibility of the U.S. in the world, it isn’t outgoing policy, it isn’t the fact that in foreign [policy] we’ve done this, that, or the other thing, the main thing is that we have to create the impression that the president of the United States, finally, at long last, after 25 years with blood, sweat and tears, is […] looking after its interests.

 –President Richard Nixon, September 11, 1972

Back in 1968, Nixon campaigned on the promise to roll back President Johnson’s liberal agenda and expansionist policies. He presented himself as a free-market proponent in pursuit of gradual money contraction, inflation reduction, full employment, and balanced budgets. (Bordo 2018)

Believing that high unemployment rates had costed him his first presidential bid in 1960, Nixon’s mandate for the incoming Fed Chairman Arthur Burns was “no recessions”. (Bordo 2018) After the mild recession in 1970, Nixon declared “now I am a Keynesian,” abandoning his free-market stance and fiscal discipline. A loose monetary policy not only supported the domestic welfare programs and the Vietnam war, but also supported economic expansion resulting in an upward revision of economic indicators through the election season.

FALSE ENEMIES

Instead of correcting the monetary and fiscal policies, President Nixon successfully convinced the American people that the rest of the world was the problem: The surplus countries were blamed for devaluing their currencies and hurting the dollar’s competitiveness; currency speculators were blamed for the pressure to devalue the dollar. There was an unwillingness to recognize that the key source of the problem: U.S. inflation. (Bordo 2018)

By re-framing policy failure as a triumph and fresh start, Nixon succeeded in playing the role of a strong and decisive leader. He won the re-election in a landslide in 1972.

This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the “hidden” confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.

–Alan Greenspan (Federal Reserve Chairman, 1978-2006), 1967

ADDITIONAL READING

©2022 Brave New Real. All rights reserved.

Nodal Activation Via Soft Angles and Two Charts of Excessive Speed

Readers who follow astrologers on social media or blogs would have learned about the forceful, unpredictable, and rare Mars-Uranus-North Nodes conjunction by now. Personally, since the Uranus-North Node conjunction formed a sextile to my Cancer Mars, I have been having kitchen (Cancer) incidents involving burns (Mars) by bursts of scalding steam. These were not results of carelessness since I have used the very same water boiler in an identical manner every day for the past years without similar issues.

Most astrologers would warn readers and clients with hard aspects (0, 90, or 180 degrees) to the current conjunction to be extra cautious during this formidable transit. In my first-hand experience, a transit involving the lunar nodes will be activated as long as transiting points share the same degree, even if they are minor or “soft” aspects. Case in point:

Chart 1: Free Food Delivery

Yesterday afternoon, I answered the doorbell and found a food delivery order at our doorstep. I waved (and yelled) at the driver as he sped away and called the customer’s phone number on the receipt –the number was disconnected. We waited for an hour for someone to claim the food. Long story short, the free dinner (and the leftover) was quite wonderful.

The triple conjunction was in the fourth house of food, sextile my Mars in Cancer (also food). In addition, the Moon (food)-Mercury (neighborhood delivery) conjunction was at the 8th house cusp (other people’s money) in Leo (gifts and favors). It was an uncommon positive outcome from a usually stressful inconjunct (150-degree) transit and an 8th house-cusp placement.

Chart 2: Car Accident

Less than 24 hours later, we were in a car accident. A speeding moving truck cut a corner on our narrow community driveway and most likely totaled our vehicle while we attempted to back up (adjuster appointment pending). Mars-Uranus-North Node conjunction was in the 9th House (other’s vehicle/driving), sextile my Mars (ruler of my 7th house –house partnership and counter-party, also related to driving and vehicles).

Mercury and Saturn opposition formed a loose-orb fixed grand cross with the nodal axis, indicating clouded judgment, delayed maneuver, or mental fatigue. Mercury was located in the truck driver’s 6th house, the house of labor (jobs) and service. Saturn in the truck driver’s 12th house points to probable sleep deprivation. The truck driver did not have the license with him but immediately apologized and exchanged all the insurance information. The moon appears void of course but had mutual reception with Mars.

Copyright ©2022 Brave New Real. All rights reserved.

Turmoil in the Second House – The U.S. Pluto Return (2021-2023) Part 3: History Rhymes (1)

Part 3 is a survey of the crucial points of the U.S. Pluto cycle. These dates are determined by aspects formed between the transiting Pluto and the U.S. Pluto. Only major aspects – 60, 90, 120, and 180 degree – are included. As mentioned in part 2, for the sake of precision, I use an 1-degree orb, i.e. only events that took place when the transiting and natal Pluto are within 1-degree of forming an exact aspect are included. –Author

Panic of 1819 and The Missouri Compromise (1819-1821)

Active period:

April 10, 1819 – September 19, 1819

February 25, 1820 – May 28, 1820

July 30, 1820 – April 1, 1821

October 4, 1821 – February 15 1822

Themes:

Panic of 1819

  • Free trade vs. embargo
  • Economic boom-and-bust
  • Monetary and credit expansion
  • Financial crisis and depression
  • Public–private entanglement and corruption
  • Business consolidation
  • Central bank and government intervention
  • Debt default and relief

Missouri Compromise

  • Political expediency that at the cost of moral principles and long-term peace
  • Maintaining status quo and social cohesion at all costs
  • Federal government vs. individual states
  • Political polarization and disunion threats
  • Legitimized oppression of minorities
  • Congressional power struggle
  • Infringement of property right and individual freedom
  • Fear mongering and conspiracies

Adams-Onis Treaty (Enacted on February 22, 1821): Territory expansion

Wild, J. C. (John Caspar), United States Bank, Chestnut Street, Philadelphia. https://www.loc.gov/item/2021670221

Panic of 1819

Dubbed “America’s first great depression,” the financial crisis in 1819 was a result of contraction of demand and money supply at the end of Anglo-French war in 1815.

The Panic was precipitated by the need for the Bank of the United States to save itself by reversing its credit expansion and contracting its loan sharply. This sudden contraction, precipitated in the summer and fall of 1818, forced the state banks to contract their loans as well. It brought an unpleasant day of reckoning to those over-inflated banks, which were now called upon to meet their unfulfillable promise to redeem their banknotes in specie. The result was a run of bank failures, and a severe contraction of banknotes throughout the country.

Murray N. Rothbard, “The Frankfort Resolutions And The Panic Of 1819.”

U.S. prospered during the European conflict as the neutral exporter to the warring countries. Owing to the disruption in European agriculture production, American agriculture imports were in high demand. U.S. domestic inflation further elevated the price of produce such cotton, tobacco, and wheat. Farmers and investors, anticipating sustained price increase, rushed to expand their land holding, creating the “land boom.”

The land rush was also promoted by the U.S. government, who incurred massive national debt during the Louisiana Purchase and The War of 1812. In anticipation of a revenue boost, millions of acres of western land were released to the public with generous purchasing terms. Buyers with insufficient funds were allowed to purchase with credit.

After the termination of First Bank of the United States in 1811, U.S. government, citizens and enterprises had relied on unregulated and under-capitalized “wildcat” state banks for funding. The suspension of specie (gold and silver coins) conversion in 1814 allowed these banks to freely issue banknotes with minimal reserve, subsequently greatly expanded the money supply. Between 1811 and 1815, the number of state banks in the U.S. rose from 88 to 208 while the national money supply doubled (Rothbard, 2007).

Money, or what passed for money, was the only cheap thing to be had…. The State banks were issuing their bills by the sheet, like a patent steam printing press its issues; and no other showing was asked of the applicant for the loan than an authentication of his great distress for money. …They generously loaned all the directors could not use themselves, and were not choice whether Bardolph was the endorser for Falstaff, or Falstaff borrowed on his own proper credit, or the funds advanced him by Shallow.

Joseph G. Baldwin. The Flush Times of Alabama and Mississippi.

The money supply exploded, wildly variable discount rates among banks began to cause chaos in the financial system. Premiums for redeeming specie were common place. Some banks even resorted to intimidation and lawsuits when customers attempted to convert their banknotes for specie. (Rothbard, 2002). The Second Bank of the United States was chartered in 1816 to establish uniformed convertibility among banknotes and restore trust in banks.

The largest corporation in its time, the national bank was owned by the federal government as well as foreign and domestic shareholders. The bank was entrusted with conducting all fiscal transactions for the U.S. Government, and paradoxically, according to secretary of the treasury William Crawford (1816-1825): “The first duty of the Board is to the stockholders; the second is to the nation.” (Browning, 2019).

With this conflict of interests in mind, perhaps it was not astonishing that the bank not only caved in to the financial and political interests of its shareholders, drastically amplifying the money supply and inflation, it was also derelict in reinforcement of the specie conversion, “outright fraud abounded” (Rothbard, 2002).

On the eve of the crisis, the explosion of money and credit spilled into infrastructure construction and international trade. Inflation was rampant. An outflow of specie drained the bank reserves across the country. Vicious dumping of cheap British imports devastated the once-burgeoning domestic manufacturing, an urban depression was underway. Since Britain’s conditional ban on imported grain in 1815, Europe has recovered from previous crop failure and resumed post-war agriculture production, which lead to reduced demand and production of American agriculture imports. The sudden collapse in price was precipitated by Britain’s switch to cheap Indian cotton in 1818. Farmers’ and investors’ profit plummeted, defaulted on their loans, setting off bank failures.

It was not until mid-1818, when U.S. must repay foreign debtor in gold or silver, did the national bank abruptly restricted loans and demanded immediate specie redemption from state banks. These high-flying banks, unable to meet the requirement, in turn recalled loans and demand immediate payment from their stressed borrowers. Mass default and bankruptcy ensued, triggering a banking crisis and the Panic of 1819. The money supply contracted 50% between the spring of 1818 and summer of 1819. The price of staples fell by 51% between November 1818 and June 1819 (Rothbard, 1963). Farmers and investors saw the price of their land dropped as much as 75%. In once thriving urban manufacturing centers, employment and income plummeted. Unemployment reached 50% in Pittsburgh and Philadelphia (Browning, 2019). Poverty was widespread and middle class crowded the debtors’ prison.

All the flourishing cities of the West are mortgaged to this money power. They may be devoured by it at any moment. They are in the jaws of the monster! A lump of butter in the mouth of a dog! One gulp, one swallow, and all is gone.

Missouri Senator Thomas Hart Benton (1821-1851)

The banking crisis lasted from 1818 to 1819. The depression was lifted in 1821, but its impact persisted into mid-1820s. The national bank, through increasing reserve requirement, quickly brought the financial crisis under control — at the cost of exacerbating and prolonging the depression. Distressed assets from borrowers were seized by the national bank and sold cheaply to those with means. State governments were powerless to restrain the federal bank.

In 1820, congress reduced the size and price of public land and banned the purchase of public land on credit installments. Subsequent relief programs for earlier buyers (1821) included interest forgiveness, price reduction, extended loan terms and return options. These relief measures set the precedent for controversial government interventions during future crisis.

This crisis was regarded as the start of modern boom-bust economic cycle. The corruption of banks and government were on full display throughout the first nationwide crisis. It became apparent that banks served their shareholders at the expense of their customers, and the wealthy and well-connected was able to ride out, even profited from the financial devastation. Predictably, the distressed asset price paved way for future consolidation. It also deepened the riff between states and federal government, the industrialized North and export-dependent South, the conservative East and expansionist West. The nationwide hatred toward the banks would last for decades and the bitterness toward the federal government would feed Southern sectionalism and sow the seed of civil war. The heated debate between sound money vs. debasement persisted to this day.

Reference

Browning, Andrew H. The Panic of 1819 the First Great Depression. Columbia: University of Missouri Press, 2019.

Catherwood, Jamie. “Panic Series (Pt. II) – 1819.” Investor Amnesia, 12 Sept. 2021, https://investoramnesia.com/2021/09/12/the-panic-series-pt-ii-1819/.

Haulman, Clyde. “The Panic of 1819: America’s First Great Depression.” Financial History, Museum of American Finance, Winter 2010, https://www.moaf.org/exhibits/checks_balances/andrew-jackson/materials/Panic_of_1819.pdf.

Rothbard, Murray N. “The Frankfort Resolutions And The Panic Of 1819.” The Register of the Kentucky Historical Society 61, no. 3 (1963): 214–19. http://www.jstor.org/stable/23375967.

Rothbard, Murray N. 2002. A History of Money and Banking in the United States. Ludwig Von Mises Institute.

Rothbard, Murray Newton. The Panic of 1819: Reactions and Policies. Ludwig von Mises Institute, 2007. https://cdn.mises.org/The%20Panic%20of%201819%20Reactions%20and%20Policies_2.pdf.

Primm, James Neal. “A Foregone Conclusion: Chapter One – the Nineteenth Century Background: St. Louis Fed.” Saint Louis Fed. Federal Reserve Bank of St. Louis, June 25, 2021. https://www.stlouisfed.org/a-foregone-conclusion/chapter-one.

Ward, Michael. “Panic of 1819.” Encyclopedia of Alabama. Alabama Humanities Alliance, April 10, 2010. http://encyclopediaofalabama.org/article/h-2568.

The Missouri Compromise

Modern School Supply Company. Historical-geographical maps of the United States: The Missouri Compromise 1820. https://www.loc.gov/resource/g3701sm.gct00483/?sp=22&r=0.05,-0.093,1.279,0.801,0

Evidently, a narrative that negates all traces of a matter as massive as slavery must inevitably distort the rest of the story as well. From the meaning of freedom to the understanding of human nature, to the perception of God’s Providence, all elements of Americans’ understanding of their great national experiment were warped and reshaped to conform to the demands of a version of the tale in which the enslavement and dehumanization of millions of their fellow creatures could be deemed compatible with the values of the republic.

Robert Pierce Forbes. The Missouri Compromise and Its Aftermath.

Founders’ Compromise

Reason, justice, equity never had weight enough on the face of the earth to govern the councils of men; it is interest alone which does it, and it is interest alone which can be trusted.

Thomas Jefferson, “12 July, 1776” in Jefferson Autobiography

Coincided with the Panic of 1819, unprecedented threats of disunion and civil war erupted over the future of slavery. 

The anti-slavery language was left out in the Declaration of Independence for the sake of unanimity. At Constitutional Convention of 1778, the delegates again faced the same quandary: a union with slavery vs. no slavery, no union.

Great as the evil is, a dismemberment of the Union would be worse. If those states should disunite from the other states for not indulging them in the temporary continuance of this (slave) traffic, they might solicit and obtain aid from foreign powers.

James Madison, Debate in Virginia Ratifying Convention, June 15, 1788

The political evil was inherent in the constitution itself, which brought States slaveholding and non-slaveholding into indissoluble bonds, providing no radical means for assimilating their condition. The anti-slavery spirit of 1776 had died out, or rather had exhausted its power of persuading States to emancipate…

James Schouler, History of the United States, Volume IV

Northern delegates conceded again, acquiescent in the belief that slavery will eventually become economically unsustainable and die out. With no foreseeable increase in demand of slave labor, the delegates prohibit the restriction of –thus continuing – Atlantic slave trade for the next twenty years, and left the thorny issue to individual states in the Tenth Amendment (1791): “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”

After the “Act Prohibiting the Importation of Slaves” took effect in 1808, the nation settled on the future decline of slavery, yet domestic slave trade remained. The entire U.S. population continued to participate in trading and consuming goods produced by domestic and oversea slave labor. The invention of cotton gin in 1793 had revolutionized cotton processing, vastly increased the productivity and profit of cotton production, which almost entirely the product of slave labor. The “cotton boom” after the War of 1812 sent the production and worldwide demand for American cotton soaring. U.S. cotton export grew from $5,700,000 to $20,000,000 between 1800 and 1820, and the value of slaves was said to have increased three-fold in the same period. (Woodburn, 1894) Slavery became profitable and vital to the national economy once more.

The Tallmadge Amendment

In 1812, Louisiana territory –the first from the Louisiana Purchase – entered the union as a slave state. Missouri territory was expected to follow suit in 1818. In the course of debate, New York Representative James Tallmadge Jr. and Charles Baumgardner submitted two amendments to Missouri’s admission to the union:

“… that the further introduction of slavery or involuntary servitude be prohibited, except for the punishment of crimes, whereof the party shall have been fully convicted; and that all children born within the said State, after the admission thereof into the Union, shall be free at the age of twenty-five years.”

The Tallmadge Amendment was the first serious challenge to the southern status quo, an uneasy balance of power based on the joint evasion of morality of human bondage and servitude. The debate largely focused on the interpretation of the constitution. The discourse on morals was considered offensive by the southerners as it violates the state sovereignty and the long-standing understanding between the two sides of the slavery issue.

The debate on Tallmadge’s amendment was inconceivably intense and hostile, and involved open threats of disunion and civil war:

“If a dissolution of the Union must take place, let it be so! If civil war, which gentlemen so much threaten, must come, I can only say, let it come!”

Representative James Tallmadge Jr. of New York

The measure passed the house but failed in the Senate. Missouri’s statehood was in limbo at the close the 15th session of Congress. Over the recess, bitter resentment, and indignation raged across the country in town hall meetings, pamphlets, petitions, and newspaper essays. Northern antislavery force demanded that Missouri abandons slavery and the prohibition extended to all future territories. Missourians and their southern supporters decried the unwarranted delay and unfair restriction.

Political Distrust

…we have the wolf by the ear, and we can neither hold him, nor safely let him go. justice is in one scale, and self-preservation in the other.

Letter from Thomas Jefferson to John Holmes (April 22, 1820)
Self-Preservation

Southerners did not trust the North’s humanitarian anti-slavery argument. Rather, they viewed Northern restrictionists’ effort as a plot to revive the Federalist party and return to an era of a strong national government. The call for Revolutionary ideal of liberty and equality was perceived as encroachment on state sovereignty and dreaded incitement to slave riots.

The crux of the pro-slavery argument was the Southern slave holders’ prosperity and political dominance. Virginian planter class, and by extension, Southern slaveholders, have served almost consecutively in the White House and held high offices since the founding of the nation. The nation’s capital, border on Virginia and Maryland, was the center of domestic slave trade. Virginia held almost 1/3 of the nation’s slave population and was eager to push the surplus to the new territories.

Southern Founding Fathers, James Madison and Charles Pinckney stressed that the Constitutional Convention had not authorized any extraordinary congressional control over slavery. Thomas Jefferson, likewise, recoiled against all the northern constitutional innovations spawned by the Missouri crisis. Jefferson adopted the argument that “diffusion” of the institution in the West would not increase the total number of slaves and “would make them individually happier and facilitate their eventual emancipation.”

Don E. Fehrenbacher. The Slaveholding Republic.

Since the industrialization of cotton production and the upsurge of cotton export, slavery not only became enormously profitable but made its westward expansion. Up against the enormous economic incentive, Southern antislavery sentiment wavered, and the Revolutionary philosophy became irrelevant and inconvenient history.

Most southern representatives in the Congress continued to denounce slavery, but their words had become increasingly hollow. Apathy and resignation gradually set in. It was accepted that nothing –nonthreatening to the slaveholding class, at least –could be done. Many simply set the date of eventual abolition to the infinite future.    

Charles Pinckney – founding father, signer of the Constitution, three-term South Carolina governor, ambassador, and two-term congressman –defended slavery. Citing historical precedents in ancient civilization and indigenous slavery in Africa, he asserted that slavery was human nature, and implied that the institution was common good of slaves and slaveholders:

A free black can only be happy where he has some share of education and has been bred to a trade or some kind of business. The great body of slaves are happier in their present situation than they could be in any other, and the man or men who would attempt to give them freedom, would be their greatest enemies.

Charles Pinckney’s Speech to Congress, 1820.

The South also extended their legal argument against the Tallmadge amendment on the sovereignty and equality of the of the state (Woodburn, 1894). Quoting the second half Article, 4 Section 3, Clause 2 of the U.S. Constitution: “…nothing in this Constitution shall be so construed as to Prejudice any Claims of the United States, or of any particular State”, along with the Tenth Amendment, they argued that the Constitution, by intentional omitting the slavery issue, has relinquished its claim to restriction. Slavery is an issue to be decided by individual states. Tallmadge amendment was unconstitutional because it placed the constraint on the admission of Missouri alone. Besides, since slaves were treated as property, banning slavery would amount to illegal seizure of personal property, prohibited by the Fifth Amendment.

Morals and Principles

I was aware of the delicacy of the subject and that I had learned from Southern gentlemen the difficulties and the dangers of having free blacks intermingling with slaves;… While we deprecate and mourn over the evil of slavery, humanity and good morals require us to wish its abolition, under circumstances consistent with the safety of the white population. Willingly, therefore, will I submit to an evil which we cannot safely remedy… But, sir, all these reasons cease when we cross the banks of the Mississippi, a newly acquired territory, never contemplated in the formation of our Government, not included within the compromise or mutual pledge in the adoption of our Constitution, a new territory acquired by our common fund, and ought justly to be subject to our common legislation.

Tallmadge’s Speech to Congress, 1819

The North did not see any attempt to end the slavery on the South’s part. Instead, they saw a revival and the intention to extend and expand. For the Northern restrictionists, the future of slavery was at stake –not only in Missouri, but in all new states and territories. They sought to implement the Northern Ordinance to the regions west of Mississippi River and Florida, and put an end to the expansion of slavery for good.

They argued on humanitarian ground and maintained that the Declaration of Independence and the Constitution provided the ground for abolition. While some claimed that Article I Section 8 would suffice to restrict all slave trades, the most eloquent proponent of Tallmadge Amendment, New York Senator Rufus King, cites first part of Article, 4 Section 3, Clause 2: “The Congress shall have Power to dispose of and make all needful Rules and Regulations respecting the Territory or other Property belonging to the United States” and contend that the Congress was granted the power to dictate the condition of admission of each state.  Slavery was an evil disgrace forced upon the colonies. This wickedness was only tolerated for the sake of the Union and should be restricted at the earliest expediency.

Almost all debates surrounding Missouri Crisis could be boiled down to the balance of powder, however. Despite dominating the House, North’s demographic lead did not translate into their political sway. Equal number of Senators from each state gave the less populated South an unfair advantage. Maintaining the power balance depends on equal number of free and slave states. 

The North had been pained by the three-fifth clause, which adds 60% of the slave population to the slave states’ free population for calculating taxation and assigning House representative seats. Originally meant as a compromise to discourage the growth of slavery, the three-fifth clause gave southern states more congressional representatives and more electoral votes for president than their white population entitled.

At the time of Missouri’s request of statehood, the nation contained 11 free states and 11 slave states at the time. Missouri’s entry as a slave state would have tipped balance of power in South’s favor; with the Tallmadge Amendment approved the antislavery stance would gain strength going forward. Aggravated by the dominance of “Slave Power,” North feared that if Missouri’s slave state status would solidify South’s dominance. Worse still, it could lead to more slave states and perpetuate their reign in national politics.

Congressional Wrangling

Missouri renewed its request after the Congress reconvened; Maine also applied to join the union. The Senate amended the Maine admission with the unconditional acceptance of a slaveholding Missouri but the coercion was called out by Northern House representatives. Seeking incentivize the bill passage, Senator Jesse Thomas of Illinois added a proviso that allows slavery in Missouri, but “forever prohibits” slavery in all remaining areas of the Louisiana Purchase north of the 36° 30′ parallel, an area mostly uninhabited at the time. The bill passed the Senate and again rejected by the House.

In respond to the Senate’s strong-arming, the House passed its own bill admitting Missouri with the antislavery Tallmadge Amendment. The bill was rejected by the Senate and the Congress came to a deadlock. 

A sullen gloom hung over the nation. All felt that the rejection of Missouri, was equivalent to a dissolution of the Union: because those states which already had, what Missouri was rejected for refusing to relinquish, would go with Missouri.

Abraham Lincoln, Eulogy of Henry Clay

The Senate called for a committee of conference the next day. Kentucky Senator Henry Clay, then Speaker of the House, also known as “The Great Compromiser,” spearheaded the compromise effort. A slave owner himself, Clay had argued for “the inviolability of this species of property” granted by the Constitution and advocated “diffusion” and “colonization” as the ultimate and humane solution to slavery. He, along with Thomas Jefferson, James Madison and then-President James Monroe claimed that it was only humane to disperse South’s surplus slave population westward, and expatriate them when free labor is plenty and slave-holding becomes unaffordable in time. This would defuse the tension among the dense and restless southern slave population and lessen the threat and stress of the slaveholders –while profiting through the domestic slave trade. 

Clay’s optimism about the compromise was soon threatened by the building momentum of the antislavery force. Fearing an impending all-out restriction on slavery, Clay rushed to forge a compromising majority by instilling the fear of disunion and accusing the Federalists of instigating and exploiting the Missouri issue to divide the nation.

We have been told by the Speaker that the people of Missouri are ready to shoulder their muskets, to march en masse, and force their way into this hall, Sir, if this be indeed so, it is time to barricade the doors. If it be an enemy that is advancing, let us bar our gates, and prepare for our defence;…

But not only will Missouri revolt from our authority: the slave-holding states will join with her, and, if this restriction passes, the Union will be dissolved. Such, sir, is the language which I have heard, with infinite regret, upon this floor, not from two or three members merely, but from all those who have spoken against this amendment…

…respecting the motives of the friends of this restriction; and an appeal has been made to vulgar prejudices, by calling it a Federal measure; …it is well known that it originated with Republicans; that it is supported by the Republicans throughout the free states; and that the Federalists of the south are its warm opponents: The question then is not between Federalists and Republicans, but between slave-holders and those who hold no slaves. It is a knowledge of this fact, which has induced the free states, usually so much divided among themselves, to advance on this occasion with so much ardor and unanimity to the attainment of their object.

Speech of Mr. Plumer, of New-Hampshire, on the Missouri question, delivered in the House of Representatives of the United States, February 21, 1820

Clay successfully convinced some Southern pro-slavery House representatives to accept the Thomas proviso and wrangled several Northern representatives to absent or support Missouri as a slave state. By dividing the Compromise into three bills, Henry Clay prevented the North and Southern opponents to join force to defeat the Senate bill.

On the same day, March 2, 1820, the joint committee, carefully chosen by Clay, returned with an endorsement of the original Senate compromise bill, now in three separate parts. Missouri was admitted as a slave state by a margin of three votes, Maine entered as a free state the day before its application expires, and slavery was prohibited north of 36° 30´ parallel, the so-called “Compromise Line. The Missouri Compromise was thus achieved. Clay sneaked the bill to the Senate while blocking the House’s reconsideration. President Monroe signed the bill on March 6, 1820.

He did not confine himself to speeches addressed to the House, but he went from man to man, expostulating, beseeching, persuading, in his most winning way… What helped in him gaining over the number of votes necessary to form a majority was the growing fear that this quarrel would break up the ruling party, and lead to the forming of new divisions.

Carl Schurz, Life of Henry Clay
President Monroe’s Role

President James Monroe was instrumental in fostering the compromise. “Monroe’s endorsement of the Missouri Compromise was a last-ditch effort to defeat a budding antislavery movement that stood a few congressional votes shy of enacting the most meaningful national restrictions on slavery in a generation.” (Hammand, 2019)

 A Virginia slaveholder himself, he regarded the nation’s interests aligned with the prosperity of the South, and concerned himself with maintaining the privilege and security of Virginia’s planter class. Monroe deemed Virginia’s former anti-slavery stance as idealistic and naïve, as the planter class previously had not faced the menacing danger of an ever-increasing and rebellious slave population. Anti-slavery sentiment had become a luxury the Planter Class could no longer afford. He helped promote the idea that the Northerners are ignorant of the South’s peculiar condition and that the expansion of slavery was not only necessary but humane. He and other Republicans, along with Thomas Jefferson, worked to detract and re-frame the antislavery argument by claiming the Federalists and their alleged sympathizers of plotting the Missouri crisis to consolidate the antislavery front, spoil his reelection, and dictate the future of the union.

The Second Missouri Compromise

Missouri adopted a constitution for the new state on July 19, 1820. Bitter and defiant about the delay and insults, Missouri delegates inserted a provision that not only prohibited free blacks from migrating to the state, but also forbade the legislative emancipation of slaves without the slave owners’ consent. This clause was considered in direct violation of the Article IV, Section 2, of the US Constitution: “The Citizens of each State shall be entitled to all Privileges and Immunities of Citizens in the several States.”

The Missouri crisis was revived. Northern representative who unwillingly compromised were disgusted by the clause and withdrew their support.  The antislavery faction, seeing their hope renewed, seized the last chance to keep a slave-holding Missouri out of the union while the representatives from Missouri waited for their admission at the Congress door.

The debate centered around the citizenship of free blacks and by extension, their rights under the Constitution. A compromise Proviso by Tennessee Senator John Eaton passed the Senate: “That nothing herein contained shall be so construed as to give the assent of Congress to any provision in the Constitution of Missouri, if any such there be, which contravenes the clause in the Constitution of the United States that ‘the citizen of each state shall be entitled to all the privileges and immunities of citizens in the several states.’”

The House rejected this and several subsequent proposals for Missouri’s admission, leaving the Congress in deadlock and Missouri without a legal status. On February 2, 1821, a joint committee was formed, focusing solely on forming an amendment to guard “against the violation of the privileges and immunities of citizens of other states in Missouri.” The House rejected the bill by a vote of 88 to 82.

South Carolina senator and Constitution’s framer Charles Pinckney proclaimed that the oppositions’ rejection was trivial, and accused them of breaching of faith and deception:

The article of the Constitution on which now so much stress is laid—‘the citizens in each State shall be entitled to all the privileges and immunities in every State.’—having been made by me, it is supposed that I must know, or perfectly recollect, what I meant by it. In answer, I say that, at the time I drew that article, I perfectly knew that there did not then exist such a thing as a black or color citizen of the United States, and knowing that all the Southern and Western States had for many years passed laws to the same effect, which laws are well known to Congress, being at this moment in their library and within the walls of the Capitol, and which were never before objected to by them or their courts, they (the people of Missouri) were no doubt warranted in supposing they had the same right…

On February 21, 1821, Kentucky Senator William Brown demanded the Missouri enabling act repealed, claiming that “The plighted path of Congress for the admission of Missouri has been violated… the course of the majority can be justified by no principle of reason or sound policy, but must rest for its support on pious fraud”. On the next day, Clay assembled a congressional committee with his chosen candidates. The elected committee members agreed that Missouri to be admitted with the original condition and the controversial clause (fourth clause of the twenty-sixth section of the third article of the constitution) “shall never be construed to authorize the passage of any laws, and that no law should ever be passed, by which any citizen, of either of the states in Union, shall be excluded from the enjoyment of any of the privileges and immunities to which such citizen is entitled under the constitution of the United States; that the legislature of said State, by a solemn public act, shall declare the assent of said State to the said fundamental condition.” The Senate passed the measure by a four-vote margin.

By applying circular logic, the provision suggested that the Missouri’s constitution was in fact unconstitutional, and deftly circumvented the question of whether free blacks were U.S. citizens and equally protected by the constitution. This purposely obstruse provision is known as the Second Missouri Compromise.

President Monroe proceeded to proclaim Missouri’s contingent statehood on March 2, 1821. Missouri subsequently denied the Congress’s right to demand such a statement and openly declared “A Solemn Public Act” a farce:

 …this general assembly are of opinion that the congress of the United States have no constitutional power to annex any condition to the admission of this state into the federal Union, and that this general assembly have no power to change the operation of the constitution of this state

the Solemn Pubic Act passed the Missouri by overwhelming margin, possibly owing to the fact that the incorrect clause was cited in the congressional resolution. The clause the Congress objected to, “free negroes and mulattoes were to be prevented from coming to and settling in the State” was actually the first clause –not the fourth – of the controversial passage. Therefore “the assent given to it by the Legislature of Missouri was without binding force, moral or legal, upon any human being whatsoever.” (Carr, 1900)

President Monroe received a copy of the Act and on August 30, 1821, declared that the condition had been complied and the Missouri’s admission to the Union was complete. The Solemn Public Act was overturned on March 14, 1835, when free Blacks must meet onerous conditions to obtain a “freedom license” to legally remain in Missouri.

National Suicide and the Prelude to Civil War

I have favored this Missouri compromise, believing it to be all that could be effected under the present Constitution, and from extreme unwillingness to put the Union at hazard. But perhaps it would have been wiser as well as a bolder course, to have persisted in a restriction upon Missouri, till it should have terminated in a convention of the States to revise and amend the Constitution. This would have produced a new Union of thirteen or fourteen States unpolluted with slavery, with a great and glorious object to effect, namely, that of rallying to their standard the other States by the universal emancipation of their slaves. If the Union must be dissolved, slavery is precisely the question upon which it ought to break. For the present, however, this contest is laid asleep.

The Memoirs of John Quincy Adams

The compromise had another sinister feature. The anti-slavery sentiment in the North, invoked by the Missouri controversy, was no doubt strong and sincere. The South threatened the dissolution of the Union; and, frightened by that threat a sufficient number of Northern men were found willing to acquiesce, substantially in the demands of the South. Thus the slave power learned the weak spot in the anti-slavery armor. It was likely to avail itself of that knowledge, to carry further point by similar threats, and to familiarize itself more and more with the idea that the dissolution of the Union would really be a royal remedy for all its complaints.

Carl Schurz, Life of Henry Clay

To this day, the Missouri Compromise is still seen as a brilliant effort to preserve the balance of power in the U.S. congress, as if the moral dimension of the compromise was beyond the scope of discussion. From http://www.senate.gov:

(the Missouri Compromise) maintained a delicate balance between free and slave states…. Ironically, it was the astute maneuvering of Speaker Henry Clay that helped bring about this new era of Senate debate, creating a legislative forum in which Senator Henry Clay would soon forge other Union-saving compromises.

The confounding inconsistency of the founding fathers and congressional leaders during the Missouri crisis baffled historians. E.g., Thomas Jefferson’s characterization of emancipation as “an abstract principle” and asserted that the abolitionist zeal was destructive, suicidal, and treasonous:

I regret that I am now to die in the belief that the useless sacrifice of themselves, by the generation of ’76. to acquire self government and happiness to their country, is to be thrown away by the unwise and unworthy passions of their sons, and that my only consolation is to be that I live not to weep over it. if they would but dispassionately weigh the blessings they will throw away against an abstract principle more likely to be effected by union than by scission, they would pause before they would perpetrate this act of suicide on themselves and of treason against the hopes of the world.

Jefferson, Letter to John Holmes, 1820

Some historians have concluded that our founders were self-deluding hypocrites and liars, while others rationalized their comments and actions. In any case, it appeared that the revolutionary spirit had all but dissipated within one generation and the pursuit of equal rights and liberty was only intended for the white men all along. “Americans subscribed in a new understanding that ‘the Declaration of Independence did not in fact proclaim universal human rights, but rather applied to whites alone.’” (Fehrenbacher, 2002)

An uneasy silence dawned in the aftermath of the Missouri Compromise, for discussion on such dedicate subject had been deemed inherently dangerous for the Planter class. The frightened slaveholders were convinced that these prolonged and intense debates incited slave riots, the Demark Vesey uprising of 1822 was a case in point.

Another certain casualty was the “Era of Good Feelings.” The post-war nationalistic sentiment and aligned national interests under one-party rule with was no longer. The crisis precipitously fractured the Democratic Republican Party along the sectional line and caused irreparable damage without warning. “Disunion” and “civil war” were repeated nonchalantly during congressional sessions and presidential meetings. The animosity sown would ultimately lead to the devastating Civil War.

Despite some anti-slavery representatives mourned the intolerable defeat, both sides proclaimed victory Initially. The heated debates forged a unified Southern identity, geographically separated, and forever identified with slavery. Over time, the Compromise Line evolved into both the unbreachable boundary and confinement of slavery expansion. When the Southern interest was cornered a few decades later, their repeal of the Compromise Line led to a full-blown Civil War.

Then Secretary of State John Quincy Adams prophesied the beginning of Southern decline in his personal diary:

(Missouri Compromise was) terrible to the whole Union, but portentously terrible to the South – threatening in its progress the emancipation of all their slaves, threatening in its immediate effect that Southern domination which has swayed the Union for the last twenty years, and threatening that political ascendancy of Virginia, upon which Clay and Crawford had fastened their principal hope of personal aggrandizement.

The two-year congressional battle had exhausted the antislavery movement, re-legitimized slavery, reversed the emancipation momentum, adding insult and injury to free black people nationwide.

In late 1821, Attorney General William Wirt, in response to Secretary of the Treasure William H. Crawford’s inquiry whether free blacks are citizens of the United States, replies: “No person is included in the description of citizen of the United States who has not the full rights of a citizen in the United States.” This statement effective excludes all free black persons living in any states that does not grant full rights to them, which was at least 95% of the free black population of the country at the time (Fehrenbacher, 2002). In the same year, New Jersey Supreme Court rules that all Black men were prima facie slaves. The citizenship and rights of free black people hang in balance and suffered further degradation in the coming decades.

The forced political deal satisfied neither the anti-slavery advocates nor the pro-slavery force. South opposed the bill because it cordoned off too much of the West; North objected to it because it opened the gate for slavery expansion. The uneasy truce was sustained until 1850 by alternating the admission of slave and free states.

U.S. political leadership had hoped the Missouri Compromise would settle the slavery debate once and for all, yet the peace was not to last. The Missouri Compromise was repealed in 1854 and ruled unconstitutional by the Supreme Court three years later in a move that lead the nation closer to the Civil War.

THE ASTROLOGY PERSPECTIVE

Astrologers consider sextile (60-degree) is one of the “easy” or “soft” transits that offers a window of opportunity to prepare for the challenging square transit. In retrospective, the Missouri Compromise was a missed opportunity to right the ship before the union head into the abyss.

By default, the U.S. Sagittarius ascendant will always seek and rationalize easy-and-quick fixes. It is effortless to imagine the Congressional representatives being persuaded to “look at the big picture” and vote for union-saving measures, while overlooking the grander scheme –our founding principles. A judicious study of the U.S. history reveals that time and again, the decision to defuse crises with temporary solutions –from the Declaration of Independence, the Constitution, the earliest major point of the U.S.’s Pluto cycle, to all the economic and political crises we face today –were the cause of future destruction. The answer to our past and present oppressive burden would have been, and still is to break away from the consensus of compromisers. It is apparent that our political class do not solve problems; they delay and evade, while simultaneously create disabling, contradictory complexities that entrench us into such a gridlock that we either compromise once more or beg for draconian interventions.

A Capricorn Pluto is desperately fearful of chaos and disgrace, and would pay any price to maintain its status and respectability. Its antiscion places its secret shadow deep in the shapeless zone of the twelfth house, subjects itself to self-delusion and secretive, underhanded ploys. We as individuals, therefore, are tasked with the mission of acute awareness, to work ourselves out of this collective illusion and paralysis while our nation transforms for better or worse.

During the Pluto return, we could expect that our national founding principles challenged again by commercial interest and matters of national survival. If history is our guide, more compromises could be expected to delay our day of reckoning and the extract a still greater price when the differences of our most fundamental values and principles become irreconcilable.

Additional reading
REFERENCE

Adams, John Quincy. 1876. The Memoirs of John Quincy Adams, Comprising Portions of His Diary from 1795-1848. https://ia800902.us.archive.org/29/items/memoirsofjohnqui10adam/memoirsofjohnqui10adam.pdf

Baldwin, Joseph Glover. 1856. “Cotton Boom in Alabama and Mississippi, ca. 1820s” in The Flush Times of Alabama and Mississippi.

Carr, Lucien. 1900. An Error in the Resolution of Congress Admitting Missouri Into the Union.

“Charles Pinckney’s Speech to Congress, 1820” in A Century of Lawmaking for a New Nation: U.S. Congressional Documents and Debates, 1774 – 1875.” n.d. American Memory: Remaining Collections. https://memory.loc.gov/cgi-bin/ampage?collId=llac&fileName=036/llac036.db&recNum=24

“Continental Congress, Taxation and Representation” In The Founders’ Constitution, Volume 2, Article 1, Section 2, Clause 3, Document 1. The University of Chicago Press. http://press-pubs.uchicago.edu/founders/documents/a1_2_3s1.html.

Dattel, Gene. 2009. Cotton and Race in the Making of America. Government Institutes.

“Debate in Virginia Ratifying Convention,” in The Founders’ Constitution, Volume 3, Article 1, Section 9, Clause 1, Document 14. The University of Chicago Press.  http://press-pubs.uchicago.edu/founders/documents/a1_9_1s14.html.

Dixon, Archibald, and Susan Bullitt Dixon. 1899. The True History of the Missouri Compromise and Its Repeal. Cincinnati: The Robert Clarke company.

Forbes, Robert Pierce. 2009. The Missouri Compromise and Its Aftermath. Chapel Hill: Univ of North Carolina Press.

Fehrenbacher, Don E. 2002. The Slaveholding Republic. Oxford University Press.

Hammond, John Craig. “President, Planter, Politician: James Monroe, the Missouri Crisis, and the Politics of Slavery.” Journal of American History 105, no. 4 (March 1, 2019).

Jefferson, Thomas. 1820. “Thomas Jefferson to John Holmes .” Library of Congress | Exhibitions – Thomas Jefferson: The West. Library of Congress. https://www.loc.gov/exhibits/jefferson/159.html.

“Missouri Compromise.” n.d. The Lehrman Institute. The Lehrman Institute. https://lehrmaninstitute.org/history/missouri-compromise.html.

“Missouri Compromise.” 2021. Maine State Museum | Exhibition. Maine State Museum. 2021. https://mainestatemuseum.org/exhibit/regional-struggle/missouri-compromise/.

Monroe, Dan. “The Missouri Compromise.” Bill of Rights Institute. https://billofrightsinstitute.org/essays/the-missouri-compromise.

Plumer, William. 1820. Speech of Mr. Plumer, of New-Hampshire, on the Missouri question, delivered in the House of Representatives of the United States, February 21, 1820. https://ia800205.us.archive.org/20/items/speechofmr00plum/speechofmr00plum.pdf.

Schurz, Carl. 1887. Life of Henry Clay.

“Tallmadge’s Speech to Congress, 1819” inA Century of Lawmaking for a New Nation: U.S. Congressional Documents and Debates, 1774 – 1875.” n.d. American Memory: Remaining Collections. https://memory.loc.gov/cgi-bin/ampage?collId=llac&fileName=033/llac033.db&recNum=599.

Schouler, James. 1889. History of the United States of America Under the Constitution: 1831-1847.

Wilentz, Sean. 2004. “Jeffersonian Democracy and the Origins of Political Antislavery in the United States: The Missouri Crisis Revisited.” The Journal of the Historical Society, no. 3 (September): 375–401.

Wilentz, Sean. 2016. The Politicians & the Egalitarians: The Hidden History of American Politics, New York: W.W. Norton & Company.

Woodburn, James Albert. 1894. The Historical Significance of the Missouri Compromise.

©2022 Brave New Real. All rights reserved.

Mercury Retrograde May 11, 2022 – June 4 (18), 2022:

Facing the unknown (and the unknown unknown)

PublicDomainPictures from Pixabay

Ghosts and Gremlins

The effects of Mercury retrograde are unmistakable.

If our society is a machine, then the Mercury Retrograde period is when ghosts and gremlins are unleashed. It is the open season for mindless blunders, delays, glitches, cancellations and reschedules.

Mercury retrograde exposes the lapses in our judgement. Our assumptions and automatic response become unreliable, and we are prone to skip and stray from our normal decision-making process. Our brains seem to slip out from under us. We can’t remember the words at the tip of our tongues. We blurt out what we don’t mean to say. We give and receive incorrect, incomplete or irrelevant answers (especially when contacting the tech support). Even handling a phone number can be dicey.

This period calls for a healthy dose of skepticism of everyone – ourselves included. Most consequential of all are contracts signed and agreements made under this influence. Every word needs to be scrutinized with a magnifier, (even then…) It is likely the information presented is not truthful and complete. Our judgement could be temporarily impaired, and we will need to retract and reconsider afterward. The arrangements may not come to fruition.

When in doubt, withhold or delay major decisions as much as possible. If a decision must be made, be prepared for some revision or reversal in the future  – the probabilities are significantly higher. The shining object of your desire  – be it the dream car, house, job, vacation, or romance – could lose its luster after Tricky Mercury resumes his forward motion.

For the pessimists, give some slack for pleasant surprises, for Mercury retrograde’s plot twists go both ways. A negative outlook could unexpectedly turn around. Salvaged junks may reveal themselves to be priceless treasures. Delays allow extra preparation, and cancellations open up space to regroup and realign. One major advantage of this special phase is that if we make an agreement under external pressure or coercion, we can expect to rescind or rearrange it down the road.

4th Degree of Gemini: Boundaries and Obstacles of Self-Expression, Information, and Mental Power

The Mercury degree at the beginning of a retrograde carries predominate influence encompassing the entire period. During this Mercury retrograde, we will be presented with the lessons of the 4th degree of Gemini and retracing our steps back to the 26th degree of Taurus. My working degree symbol for the 4th degree of Gemini is:

A reporter is disciplined and passed over for promotion because he refuses to dumb down and sensationalize his reporting.

The 4th degree of Gemini is about working with limited information and the confine of our minds. It asks us to build a robust framework to withstand, organize and disseminate massive inflow of data. It also implies the struggle to think and express freely, as well as the hardship resulting from such actions. The Sabin symbol for this degree is “a radical magazine”. In this case, truth is revolutionary.

Under this strong influence, we are supported to restate our truth. If we ever were too intimidated to say it out loud for fear of rejection and prosecution, here is our second chance to put our feet down and set the record straight.

This is the time to stare at the enormous complexity we are living in and recognize the limit of our knowledge and mental capacity. We don’t know. Moreover, we don’t know what we don’t know. We don’t know what questions to ask, and what we don’t know to ask. The experts and authorities have not provided satisfactory answers, but they want us to go along. We cannot consent to what’s happening and what is prescribed for us. How do we give informed consent when vital information is withheld from us, anyway? We should not and we will not. It is time to say “stop this madness” before the momentum carries us cross the Rubicon. It’s okay to change our minds. To pause, reverse, or put a hard stop to define and defend ourselves – especially during Mercury retrograde.

As Mercury retrogresses, we will be asked to return to the childlike inquisitiveness (3rd degree of Gemini) and look at our word with fresh eyes. The picture may not be pretty, but we can no longer turn a blind eye and just move along the predesignated path. It is the time for heart-to-heart conversations and ask real questions, however stupid they would seem (2nd degree of Gemini).

Dane Rudhyar symbolized the beginning degree of the Gemini as “a glass-bottomed boat reveals under-sea wonders.” We will sure be swimming in the infinite sea of information, disinformation, and malinformation. If we stay afloat, a quietness will dawn, and we’ll see that information, ideas, and thoughts shape our world; their malignancy our poison, their censorship our prison. Only when we take command of our full mental capacity and secure unrestricted access to information are we truly free to interface and shape our world.

©Brave New Real 2022. All rights reserved.

Turmoil in the Second House – The U.S. Pluto Return (2021-2023) Part 2:

Born on the Battlefront

In part 2, the birth of U.S.A. is examined against its Pluto themes outlined in part 1 to demonstrate the nation’s character, values, and priorities. These are the factors that shape the nation’s destiny. With this understanding comes a new perspective and framework that could help us make sense and navigate through this complex and bewildering time. — Author

Contents:

Introduction

The Founding of America

The Declaration of Independence

National Interest Equals Business Interest

A World War, A Civil War, A Currency War, and A Trade War

An International Affair

Business Overseas

Plutocracy are Us

Introduction

From the astrologer’s perspective, the quality of time and history is cyclical. It unfolds around a giant clock face with multiple converging forces traversing through different stages in the evolutionary cycle; the patterns and energies are distinctive. In order to understand how the U.S. historically handled and manifested its Pluto energy, I will review the crucial points of the U.S. Pluto cycle in part 2 and 3 of this series.

We start by exploring the themes and events surrounding the creation of U.S.A. For the sake of precision and clarity, I used a narrow 1-degree orb. It means that I only included events that took place when Pluto was within one degree of forming a major aspect (0, 60, 90, and 120 degrees) with the U.S. Pluto. Due to Capricorn’s slowness, some relevant events will inadvertently be omitted, since they occurred after the cut-off date.

First, a quick recap of the astrology of U.S. Pluto (detailed in part 1):

Capricorn second house: wealth equals status, prioritized conformity and social order, wealth acquisition, economic hardship, greed.

Pluto in Second house: Plutocracy and plutonomy (corruption, control, and consolidation), violation of personal freedom and property rights, currency manipulation, economic boom-and-bust.

Pluto in Capricorn: governmental and institutional surveillance, corruption, coercion, intimidation, violent struggle.

Pluto at 27th degree of Capricorn, potential solution in 27th degree of Cancer: discontent, abandoning the status quo, rebellion, exceptionalism, natural laws.

Scorpio 12th house and antiscion (2nd degree of Sagittarius) in 12th house: drug wars, prosecution of minority, slavery, surveillance, espionage, covert ops, geopolitical maneuvers, opaque and misleading foreign policy, diplomacy, foreign wars.

The founding of America

Active Periods:

April 2, 1775 – May 24, 1775

January 23, 1776 – August 17, 1776

November 26, 1776 – February 1, 1777

August 6, 1777- December 10, 1777

Themes:

  • Departure from the status quo
  • Separation from ineffectual peers
  • No middle ground
  • Appeal to natural law and common sense
  • Short-term conformity at the cost of long-term stability
  • Profits trump principles
  • Wealth consolidation and re-distribution
  • Last resort as the only option
  • Foreign entanglement with allies and saboteurs
  • National debt, currency devaluation, and hyperinflation
  • Trade war and financial warfare

On April 19, 1775, amidst mounting tension and state of rebellion in New England, the British force set out to preemptively confiscate the colonists’ weapon stockpiles and was met with well-coordinated resistance. During the stand-off, shots were fired by an unknown gunman, and the skirmish quickly escalated into a full-scale conflict, thus commenced the American Revolutionary War.

The fateful turn of events was perceived by the colonists as the testimony of Britain’s brutal oppression and solidified the colonists’ resolve against the British rule. The unavoidable war of independence had dawned. George Washington, upon hearing the news of the battle, wrote:

 “Unhappy it is, though, to reflect that a brother’s sword has been sheathed in a brother’s breast and that the once-happy and peaceful plains of American are either to be drenched with blood or inhabited by a race of slaves. Sad Alternative! But can a virtuous man hesitate in his choice?”

In the aftermath, the colonies gathered and signed declarations and resolves to sever their ties with Britain. In January 1776, Thomas Paine published “Common Sense”, claiming that the polite discussions had been ineffectual:

“Volumes have been written on the subject of the struggle between England and America. Men of all ranks have embarked in the controversy, from different motives, and with various designs; but all have been ineffectual, and the period of debate is closed. Arms as the last resource decide the contest; the appeal was the choice of the King, and the Continent has accepted the challenge.”

Paine’s forceful argument aligned with the energy of Pluto. Piercing through the pacifists’ delusion, he called out Britain’s pretension and advocate a departure from the status quo and forging new alliances:

As much hath been said of the advantages of reconciliation, which, like an agreeable dream, hath passed away and left us as we were,…We have boasted the protection of Great Britain, without considering, that her motive was INTEREST not ATTACHMENT; and that she did not protect us from OUR ENEMIES on OUR ACCOUNT; but from HER ENEMIES on HER OWN ACCOUNT, from those who had no quarrel with us on any OTHER ACCOUNT, and who will always be our enemies on the SAME ACCOUNT. Let Britain waive her pretensions to the Continent, or the Continent throw off the dependence, and we should be at peace with France and Spain, were they at war with Britain.”

Coincidentally, Paine foretold the U.S. Capricorn second house, i.e., wealth equals security:

“Besides, what have we to do with setting the world at defiance? Our plan is commerce, and that, well attended to, will secure us the peace and friendship of all Europe; because it is the interest of all Europe to have America a free port. Her trade will always be a protection, and her barrenness of gold and silver secure her from invaders.”

Paine’s rousing call to common sense appealed to the colonists’ inner knowing that they deserve to be free –a Cancerian principle. In the Pluto fashion, his words “had swept through the colonies like a firestorm, destroying any final vestige of loyalty to the British crown.” (Ellis, American Sphinx.)

Whenever men become sufficiently dissatisfied with what is, with the existing regime of positive law and custom, they will be found reaching out beyond it for the rational basis of what they conceive ought to be. This is what the Americans did in their controversy with Great Britain. And this rational basis they found in that underlying preconception which shaped the thought of their age -the idea of natural law and natural rights.”

Becker, The Declaration of Independence

As the revolutionary war raged on and hostility escalated, the hope of reconciliation with Britain was all but lost. The southern colonists, fearing a slave insurrection, set aside their distrust and banded together with the northerners, heading for the only way out of the crisis perpetrated by Britain.

Benjamin Franklin, Join, or Die

Not all colonists were swept up in the revolutionary spirit, however. Three days before the formal declaration, South Carolina and Pennsylvania delegates voted against independence. New York declined to vote on the day of the formal Declaration and only waited until July 15 to formally join the rebellion.

The Declaration of Independence

The Declaration of Independence thrust the U.S. onto the world stage and marked the triumph of the Enlightenment and political radicalism.

The founding document listed 27 grievances, listing the deliberate and systematic abuse that drove the colonists to desperation [Pluto]. In their own words, to “resisting force by force… (and) be ready to sacrifice our lives and fortunes to secure her freedom and safety” (Liberty Point Resolves). The oppression and maltreatment represent the distinct characteristics of a dysfunctional and malicious Pluto in Capricorn Second-house placement, as well as the Scorpio 12th house influences:

Deliberate sabotage of the colonial legal system [Pluto in Capricorn, antiscia in Sagittarius]; burdensome bureaucracy and repressive martial law [Pluto in Capricorn]; hijacked local government [Pluto in Capricorn] and justice system [Pluto’s antiscia in Sagittarius]; restricted trades and revenue [Capricorn second house]; destroyed properties [Pluto in the second house]; and imposed taxes without consent [Pluto in the second house].

In addition, foreign soldiers from Germany (Sagittarius antiscia), American Indians [Capricorn] and slaves [Scorpio 12th house] were used as mercenaries. American armed vessels and their crews were forced into the British force to attack their own people [Pluto at the cusp of Aquarius].

By the same token, the colonists’ answers to such perils also confirmed the modus operandi of U.S. Pluto, as discussed in part 1:

Separation from ineffectual peers:

“… it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume …the separate and equal station” … a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.”

Departure from the status quo (out of moral obligation and necessity):

“…whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government

“But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.”

“Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government.”

“We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.”

Appeal to natural law and common sense:

“…to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.”

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

Safety and conformity as priorities:

“…laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.”

In addition, on July 19, 1776, an added resolution inserted the word “unanimous” to the final official copy.

Commercial interest and short-term stability at the cost of moral principles and long-term prospects: This is demonstrated by the removal of the anti-slavery language to protect the business interests of the slave owners and traders.

National Interest Equals Business Interest

Thomas Jefferson’s “rough draught” of the declaration was thoroughly debated and suffered “mutilations” (in Jefferson’s own words) that betrayed and undermined the original founding principles and sow the seed of future discord. The glaring omissions include the anti-slavery passages and the accusation that the British Crown waged war on humanity by forcing the slave trade on the colony:

“He has waged cruel war against human nature itself, violating its most sacred rights of life and liberty in the persons of a distant people who never offended him, captivating & carrying them into slavery in another hemisphere or to incur miserable death in their transportation thither.  This piratical warfare, the opprobrium of infidel powers, is the warfare of the Christian King of Great Britain.  Determined to keep open a market where Men should be bought & sold, he has prostituted his negative for suppressing every legislative attempt to prohibit or restrain this execrable commerce. “

Jefferson called out his morally compromised peers:

“The pusillanimous idea that we had friends in England worth keeping terms with, still haunted the minds of many. For this reason those passages which conveyed censures on the people of England were struck out, lest they should give them offense. The clause too, reprobating the enslaving the inhabitants of Africa, was struck out in complaisance to South Carolina and Georgia, who had never attempted to restrain the importation of slaves, and who on the contrary still wished to continue it. Our Northern brethren also I believe felt a little tender under those censures; for tho’ their people have very few slaves themselves yet they had been pretty considerable carriers of them to others.”

Jefferson, The Writings of Thomas Jefferson: 1760-1775.

The hypocrisy also attracted criticism from contemporary observers:

“…only I could wish to ask the Delegates…, how their Constituents justify the depriving more than an hundred thousand Africans of their rights to liberty, and the pursuit of happiness, and in some degree to their lives, if these rights are so absolutely unalienable;…”

Hutchinson, Strictures upon the Declaration of Independence

The blaring omission of anti-slavery language in the nation’s founding document speaks volumes about U.S.’ priorities and values as a country, which has always been wealth for the few [Plutonomy]. In the pursuit of short-term profit and stability, we sacrifice fundamental principles, undermine long-term peace and prosperity, moralizing and justifying as we go.

Jefferson was haunted by this national moral lapse ever since and considered it the seed of the nation’s destruction. He wrote in 1820:

“…this momentous question, like a fire bell in the night, awakened and filled me with terror. I considered it at once as the knell of the Union. it is hushed indeed for the moment. but this is a reprieve only, not a final sentence. a geographical line, coinciding with a marked principle, moral and political, once concieved and held up to the angry passions of men, will never be obliterated; and every new irritation will mark it deeper and deeper.”

Thomas Jefferson to John Holmes

A World War, A Civil War, A Currency War, and A Trade War

In essence, American Revolution was ignited by the tax burdens and trade restrictions implemented in the aftermath of the Seven Years’ War. Despite an overwhelming victory, the war doubled Britain’s national debt and brought about a postwar recession. The colonists’ protest of the revenue-generating measures was not only ignored by Britain but responded with more punitive policies. The animosity from both sides escalated to the point of no return, and a series of conflicts built up to a full-scale, multi-front war.

Young America immediately faced existential crisis. Conflicts between the patriots and loyalists marked the first civil war of the new country as the political divide shattered families and destroyed social fabric. Citizens who refused to swear oaths of loyalty were declared traitors and faced prosecution –there was no middle ground.

Economically, the country was also off to a rocky start. The Continental Army suffered from financial deprivation and was short on training, essential equipment, and sustenance. The soldiers were owed salary and would not re-enlist, leaving the Continental Army on the brink of dissolution.

“We are now as it were, upon the eve of another dissolution of our Army—the remembrance of the difficulties which happened upon that occasion last year . . . that unless some speedy and effectual measures are adopted by Congress; our cause will be lost.”

The Papers of George Washington

In 1775, Continental Congress issued Continental Dollars to finance the war. The new currency was backed by future revenue alone and its value fluctuated with the military’s triumphs and defeats. After a series of military routs and the resulting currency devaluation, the congress responded with massive issuance, which coincided with Britain’s devastating counterfeiting campaign. The loss of confidence lead to merchants’ refusal to accept the Continental as payments for military supplies as well as the immediate, severe erosion of the army salary. The vicious cycle in turn diminishes the army’s morale and battle readiness.

Depreciation of the Continental Dollar, 1775 through 1781: Various Estimates (Farley, 2008)
The tea-tax-tempest, or the Anglo-American revolution (1778)

In 1777, 12 of the states passed confiscation legislation to seize and assumed control of loyalists’ land – amounted to millions of acres – to fund the war. Most of the prime properties were purchased by wealthy officers and politicians at a heavy discount, which contributed to the consolidation of wealth and political influence [Plutocracy]. The Patriot’s financial prosecution of their political opponents lasted well into the early 1800s, decades after the war was won.

An International Affair

From a global perspective, the American revolution was just one of the battlefronts in a world war – specifically, a century-long international conflict about empire-building and trade. Our major allies, French and Spain, sought to revenge for the bitter defeat by Britain during the previous war; supporting American Revolution happened to provide the long-awaited opportunity.

“We should be driven to the Necessity of Declaring ourselves independent States, and that We ought now to be employed in preparing a Plan of Conferation for the Colonies, and Treaties to be proposed to foreign Powers particularly to France and Spain, … That these three Measures, Independence, Confederation and Negotiations with foreign Powers, particularly France, ought to go hand in hand, and be adopted all together…. That foreign Powers … could not be expected to acknowledge Us, till We had acknowledged ourselves and taken our Station, among them as a sovereign Power, and Independent Nation. That now We were distressed for Want of Artillery, Arms, Ammunition, Cloathing and even for Flynts. That the People had no Marketts for their Produce, wanted Cloathing and many other things, which foreign Commerce alone could fully supply, and We could not expect Commerce till We were independent.”

Adams, John Adams autobiography, part 1, “John Adams,” through 1776

Foreign relation was among the top concerns for the colonists during the Revolution. Resolution of Independence, passed on July 2, 1776, was introduced because according to its author Richard Henry Lee: “I am clearly of opinion that unless we declare openly for Independency there is no chance for foreign aid. In another letter, he further declared “no state in Europe will either treat or trade with us so long as we consider ourselves subjects of Great Britain.” (Ferreiro, Brothers at Arms)

Without foreign aid – in particular, France’s material supply and amphibious military support – the Revolutionary cause would have been lost. This acknowledgment has largely faded from today’s collective consciousness, and we are now out of touch with our foreign policy and oblivious to U.S.’ military and intelligence covert operations overseas [Scorpio and Sagittarius 12th house]. U.S.’ attempt to maintain leadership and moral posture [Capricorn] jeopardized democracy at home and around the world, and kept the pursuit of ambiguous “national interest” out of the public eye and into the shadows of unaccountability and hypocrisy.

Business Overseas

The secrecy and our collective ignorance of our foreign policy and operations are the symptoms of the U.S. Pluto antiscia (2nd degree of Sagittarius) in the 12th house. The 12th house is the realm of self-undoing and ignorance, it’s our vice that we mistake for salvation. Mundane ventures rising from the 12th house are jeopardized by misinformation and sabotage from within and without.

For example, Battle of Quebec, an attempt to draw French-speaking Canadians’ support for the revolutionary cause, was U.S.’ first foreign war and the prototype of foreign policy blunders. The colonists failed to persuade the populace of their causes of democracy and equality, and suffered catastrophic failure, due to overestimation of strength and miscalculation. 

In recent U.S. history, our two-faced foreign policies and opaque “national interests” have been hidden [twelfth house] from public scrutiny. Meaningful and open discussions were exiled from mainstream media; dissidents and skeptics are labeled unpatriotic and treasonous. Pluto’s business is deep, dark, and unsavory. However, ignorance is not an option, neither is isolationism –it is not in the stars. In order to plot the best course forward, it is crucial that we grasp U.S.’ role in global trade and finance, and the truth about our covert operations and standing in the world.

Plutocracy are Us

Our country is one born on the battlefront of a multi-front world war; violence and warfare have always been in our nation’s DNA. Even during peacetime, all forms of aggression are glorified and consumed in large doses as mass entertainment. We, collectively, delight in seeing things being blown up and enjoy picking sides in conflicts –we can’t help it. As the biggest exporter of violent imagery and weaponry in the world, we inherently see peace in any corner of the world as our detriment. This is the uncomfortable truth we must recognize and content with. Peace and virtue were not indicated in the birth chart of this nation.

The U.S. second house (house of resource) is truly unparalleled. The vast geography spans two immense oceans, providing natural barriers from hostile invaders even during the worst internal conflicts. Its territory contains abundant natural resources and massive arable land. A seemingly endless inflow of ambitious and brilliant talents, driven by overwhelming desires for success, propel innovation and enterprise [Pluto in Capricorn-Aquarius second house]. Our talents and gifts run deep and wide.

This unique geography and demography shaped our character: an amoral and naïve optimism that combines shortsightedness and willful arrogance. Pluto in the Capricorn second house indicates a desperate and unrelenting drive for power and wealth –to counter-productive extremes.

Through relentless drive for control, Pluto investigates, meddles, and corrupts any system it touches. It destroys and reshapes all that stands in its way until the ultimate consolidation is achieved. The result is a power so intense and concentrated that it either becomes a super weapon or collapses under its own weight. Either way, discord and disorder ensue, and in the messy dysfunction and deterioration, the process restarts.

We have a Plutocracy. The destructive and regenerative cycle of Pluto is most fittingly allegorized as a snake eating its tail. In the case of America, the destruction and rebirth play out in the social order [Capricorn] and financial [Second House] arena. In the background, it operates in the realm of deceit and ignorance [twelfth house], particularly when it comes to foreign relations, controlled substance (drugs and alcohol), and prosecuted minorities. This imprint has and will continue to unfold and manifest in ways we collectively respond as the recipient and the personification of this energy.

America was never about freedom and liberty, not since the founding moment. The principle of our country has always been and will always be “in profit we trust” –trading short-term profit for the few at the cost of long-term peace and prosperity of the general population. Implementing policies that promote superficial social cohesion while continue to drive power and profits to fewer and fewer hands. The process is legitimized by laws and (de)regulations, promoted domestically and around the world under the guise of national interests, American value, free-market economy, social and economic progress, freedom and democracy.

Under this scheme, we the people are considered as the state’s subjects — consumers of propaganda, participants in private and public revenue-generating, and supporters of the status quo –detracted, intimidated, overwhelmed by a web of predatory complexity and weaponized disinformation. Without recognizing this sobering fact, we cannot come up with a realistic solution for national and personal survival. Clarity and awareness is just the first step.

It’s an obvious choice. We can exhaust our resources to reinforce the failing status quo and delay the inevitable decay and disintegration. Or, we can detach from the current system – depart from our ineffective peers, and reclaim what we believe as universal, natural and true. We don’t need fact-checkers, experts, government officials, or virtue-signaling mobs to confirm the common sense.

In part 3 of this series, we’ll continue to examine the patterns of how U.S. Pluto manifests and interacts throughout history. (To be continued)

Further Reading:

Hugh Percy Duke of Northumberland. (1902). Letters of Hugh, Earl Percy, from Boston and New York, 1774-1776.

Fischer, David Hackett. Paul Revere’s Ride. Oxford University Press, USA, 1995.

Becker, Carl. The Declaration of Independence: A Study in the History of Political Ideas. Harcourt, Brace and Company, 1922.

ushistory.org. “Thomas Paine: Common Sense.” Independence Hall Association, 2022. https://www.ushistory.org/Paine/commonsense/.

Ellis, Joseph J. American Sphinx. Vintage, 1998.

National Archives. “Declaration of Independence: A Transcription | National Archives,” November 1, 2015. https://www.archives.gov/founding-docs/declaration-transcript.

Jefferson, Thomas. The Writings of Thomas Jefferson: 1760-1775, 1892.    

Hutchinson, Thomas, Strictures upon the Declaration of Independence, 1776.

Library of Congress. “Thomas Jefferson to John Holmes – Thomas Jefferson | Exhibitions – Library of Congress.” Accessed February 24, 2022. https://www.loc.gov/exhibits/jefferson/159.html.

Library of Congress. “Jefferson’s ‘Original Rough Draught’ of the Declaration of Independence – Declaring Independence: Drafting the Documents | Exhibitions – Library of Congress.” Accessed February 24, 2022. https://www.loc.gov/exhibits/declara/ruffdrft.html.

AmRevNC. “Imagine the Scene – Liberty Point | Cross Creek – A Fifer and a Constitution.” Accessed February 25, 2022. https://amrevnc.com/cross-creek/. Archived /web/20220226055751/https://amrevnc.com/cross-creek/

George, Alice. “The American Revolution Was Just One Battlefront in a Huge World War.” Smithsonian Magazine, 28 June 2018. https://www.smithsonianmag.com/smithsonian-institution/american-revolution-was-just-one-battlefront-huge-world-war-180969444/.

Ferreiro, Larrie D. Brothers at Arms. Vintage, 2017.

John Adams autobiography, part 1, “John Adams,” through 1776, sheet 22 of 53 [electronic edition]. Adams Family Papers: An Electronic Archive. Massachusetts Historical Society. http://www.masshist.org/digitaladams/.

“Covert Operations Fail More Often than Not, so Why Do Leaders Order Them?” Modern War Institute, 30 Sept. 2021, https://mwi.usma.edu/covert-operations-fail-more-often-than-not-so-why-do-leaders-order-them/.

Bell, John. “Confiscation Acts.” NCpedia, 2006, https://www.ncpedia.org/confiscation-acts.

Gallo, Marcus. Property Rights, Citizenship, Corruption, and Inequality: Confiscating Loyalist Estates during the American Revolution: Confiscating Loyalist Estates during the American Revolution. John Carroll University, 2019, https://collected.jcu.edu/cgi/viewcontent.cgi?article=1067&context=fac_bib_2019.

“From George Washington to John Hancock, 25 September 1776,” Founders Online, National Archives, https://founders.archives.gov/documents/Washington/03-06-02-0305. [Original source: The Papers of George Washington, Revolutionary War Series, vol. 6, 13 August 1776 – 20 October 1776, ed. Philander D. Chase and Frank E. Grizzard, Jr. Charlottesville: University Press of Virginia, 1994, pp. 393–401.]

Milestones: 1750–1775 | Parliamentary Taxation of Colonies, International Trade, and the American Revolution, 1763–1775. Office of the Historian, Foreign Service Institute, United States Department of State, https://history.state.gov/milestones/1750-1775/parliamentary-taxation.

Grubb, Farley. “The Continental Dollar: How Much Was Really Issued?” The Journal of Economic History, vol. 68(01), Cambridge University Press, Mar. 2008, pp. 283–291.

©2022 Brave New Real. All rights reserved.

Turmoil in the Second House – The U.S. Pluto Return (2021-2023) Part 1: Astrology

William Blake. America. A Prophecy [Public Domain].

In this article, I will explain the astrology of the U.S. Pluto and the significance of the U.S. Pluto return. We will dive into the 27th degree of Capricorn, explore its hidden meanings through its antiscia degree, and discover possible solutions provided by the 27th degree of Cancer.

Author

The long-awaited U.S. Pluto return is upon us. This is the period when Pluto completes a revolution around the sun and returns to the same zodiac degree in the nation’s birth chart. Based on the most commonly-used U.S. national birth chart, the exact U.S. Pluto return dates are February 19, 2022; July 12, 2022; and December 27, 2022. Using a narrow one-degree orb, the active period of this transit started in March 2021 and will stretch well into the end of 2023.

It is monumental because beside its rare occurrences (approximately once every 248 years), both participants of this event are equally powerful and unyielding. Natal Pluto symbolizes the entity’s survival instinct and nucleus of strength. Transiting Pluto, manifesting as external events, transforms everything it touches, destroying the frivolous and folly, mercilessly cutting down wastes and excess, and unifying the false dichotomy. Pluto transits force us to define and defend the crux of our existence, the spark of our souls. Failing that, we are zombies, lobotomized. We are a shell of our former selves. Our lights go out.

At the founding of the nation, the colonists presented the Declaration of Independence, stating:

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

In reality, this credo has not held true. In this series, I will attempt to unpack the U.S. Pluto through astrology and history. Once we define our core strengths and our survival strategy, we have a better chance to find a clear path forward.

The astrology of U.S. Pluto

U.S. Birth Chart by Ebenezer Sibly

The most widely used U.S. Birth Chart was elected by British physician, astrologer, and occultist Ebenezer Sibly (1751-1799). Sibly’s chart placed the U.S. Pluto in the second house at Capricorn 27 degrees and 32 minutes. It is not the scope of this series to cover the U.S. birth chart in its entirety. Instead, I will focus on the astrology of U.S. Pluto and its cycle manifested in past and current events.

Meaning of the Second House

The second house of an astrology chart points to the resource at one’s disposal. Most commonly referred to as the house of money, it actually refers to value and resource in the broadest terms: judgment of worth, weighing of priorities (for deploying resources), money, time, energy, efforts, talents, personal properties, faculties, and freedom. Simply put, it is what we deem valuable and dedicate our resources to as a nation.

Meaning of U.S.’ Capricorn-Aquarius Second House

The second house in the U.S. birth chart spans from the 9th degree of Capricorn to the 13th degree of Aquarius. The Capricorn house cusp and the Pluto placement in Capricorn warrants heavy emphasis on Capricorn quality regarding the nation’s value and priorities.

The archetypal Capricorn is conscientious, responsible, insecure, and status-seeking. Driven by the underlining inferiority complex, Capricorn appeals to the authority and desires to present itself as the arbiter of reality. Predictably, Capricorn strives for stability and respectability, i.e. money and social status, and by extension, demands others to honor and conform to the social order it helps build, for it abhors the unpredictable and the deviant.

In short, Capricorn aspires to project success and order. Contrary to popular belief, Capricorn in the U.S. second house indicates that we as a nation value status and stability above all. Our collective pursue has always been wealth, power, and control.

The second part of the U.S. second house is in Aquarius. Innovation, revolutions, freedom, and Egalitarianism are also at our disposal. Pluto’s placement near the cusp of Aquarius hints at solutions that contain contradicting maneuvers, which I will discuss further.

Meaning of Pluto

Pluto in our natal chart represents the nucleus of our psychological and physical survival. It is what we cling to in our most perilous moments. It’s the part of us that digs deep and plays dirty for self-preservation.

Pluto is the fear of annihilation petrified into obsession, and the obsession eating its own tail. In the case of U.S. Pluto, our obsession with staying safe has turned a pent-up citizenry explosive. The interventions to stabilize domestic and international crises have destabilized the intended target in most cases. The need to control and manipulate our environment and relationships is sometimes so great that an off-the-rails Pluto will seek to alter the status quo by self-destruction. Despite its many negative manifestations, losing our Pluto, we lose the will to live and become frail facades.

Transiting Pluto shares the same quality and manifests through dramatic external events. During a Pluto return, the entity’s will to survive encounters the universal force to transform. Surviving and thriving during Pluto transits requires letting go of the status quo, –no exceptions. The more we try to stay the same, the more drastic the demolition. The only way through it is shedding all non-essential and pretense in every aspect of our lives. When we do, we’re indestructible.

Pluto in Capricorn

As these once-sacred institutions will simultaneously face the Plutonian purging and reform, seeking shelter from these establishment will be futile. Frauds exposed, credibility plummeted, the dismantling is unfolding right in front of our eyes. We share our fates with our nation, but that does not mean we face the same limited options as an overreaching and overstretched behemoth. It is worth mentioning that the U.S. Pluto placement also entails that the government and institutions will try the tools of control and oppression, even blatantly violate the social contract during their breakdown and transformation.

Pluto in the Second House, Ruling the Twelfth House

Pluto in the second house puts tremendous wealth and resources at U.S.’ disposal; it also clearly points to Plutocracy and Plutonomy. Destructive and weaponized Pluto signals dramatic rise and fall of fortune and unscrupulous policies that could rip the social fabric and undermine U.S.’ global standings. Pluto’s will to power and its manipulative, meddlesome approaches, in combination with misguided foreign entanglement and systemic corruption, could spell U.S.’ self-undoing.

Meaning of Capricorn 27th degree

The 27th degree of the zodiac is a degree of discontent and defiance; it is also a degree of exceptionalism. People under the influence of this degree acknowledge the deterioration of the institution and absurdity of the status quo. They also regard their peers as ineffectual when it comes to support and insights. To serve a higher calling, they depart from the social perimeter and blaze new trails.

The Sabian symbol for Capricorn 27th degree is “a large aviary”. We get the colorful image of chattering birds in confinement, but this hardly provides enough clues to flesh out our current predicament. My interpretation for this degree is twofold:

“Technocrats conspire with foreign agents to manage a discontent populace and disappointed international allies.”

“Disappointed truth seekers confront their peers who have resorted to underhanded maneuvers, and decide to remove themselves to take a higher ground.”

Lonsdale’s reading of this degree reminds us to rein in our follies:

“You need to drop the vast bulk of your voluminous self-indulgences in order to, after all, start to wake up and really remember purpose and the whole story.”

Capricorn 27 people are workaholics and truth-seekers who separate themselves from their peers to rise above groupthink and mediocrity. This degree reveals that the system has been corrupted and is breaking down. No help is coming from the establishment; they must break away from the consensus and convention to craft their exit plans. A small group of visionaries will propose solutions that seem impossible and unpopular, but soon will become the only viable option. At the founding moment, the energy of this degree was imprinted as the nation’s core strength and survival mechanism. We have come a long way and strayed far from the trailblazing business in many ways.  

Another way to read a zodiac degree is to look for the hidden meaning derived from its shadow degree (antiscia). Antiscia is the zodiac degree that shares the same distance from solstice points as the degree in question, like a reflection in a mirror that stretches from the 0 degree of Cancer to the 0 degree of Capricorn. The Sabian symbol for Capricorn 27’s antiscia, Sagittarius 2, is “two men playing chess.” In uncanny synchronicity, Martin Goldsmith expanded the imagery and described:

“A young prince and his tutor concentrate on a game of chess. Around the board, an inlaid design depicts black and white dragons biting each other’s tails.”

The image brings in sharp focus inter-generational conflicts and geopolitical competition with China, frequently symbolized as dragons. Goldsmith further elaborates:

“Playing to win, no holds bars, vs. playing like a gentleman (dangerous opponents); making calculated moves; waiting for the right time to act, vs. rashly forging ahead; … bluffing by acting weak or bluffing by acting strong.”

This degree foretells coming geopolitical conflicts and inter-general competition for resources. Sagittarius 2 also hints at difficulty with international diplomacy, disagreements on beliefs and principles, and trusted elders turning on their young.

In the zodiac wheel, the opposite degrees are considered two sides of the same theme. Looking to Cancer 27 could propose a solution to our Capricorn 27th degree problems. The Sabian symbol for Cancer 27 is “a modern Pocahontas.” Later interpretations depict a Native American girl introducing her white boyfriend to the tribe. This degree points to breaking away from emotional dependency on one’s family, tribe, and race, and forging new connections outside one’s heritage and cultural identity.

Ellias Lonsdale, in is book “Inside Degrees” promised innate guidance to those involved with the 27th degree of Cancer:

“Inwardly knowing where to go, what to do, how to do it, and where it all leads. You have a special faculty for karmic clairvoyance or sensing the individual and collective destiny-territory that must be navigated through. Placed strategically in the molten core of world dilemma to remember how to get it right. Driven by a force of will that is overwhelming. You are guided to be in the right place at the right time for catching the drift of the tide we all are swimming toward. Unconsciously and superconsciously in touch and in tune with what is happening. Consciously, walking a tightrope between the heights and the depths, and never sure while being sure. Given an engraved destiny invitation to participate to the utmost in collective cycles of renewal and to stay within your place of power throughout. For you have gathered considerable awareness toward this time of decision, and this vertical attunement is a welcome ingredient–one vitally needed.”

A Call to Awareness

Throughout U.S. history, national crises unfolded around Pluto themes, and the same themes will be the focus again during the Pluto return. Regrettably, second-house matters such as national prosperity and personal freedom do not mix well with Pluto energies. Moreover, a Scorpio twelfth house subjects our national psyche to subversive and deceitful stratagems, as well as a predisposition to misuse the transformative and weaponized energy. Pluto principle underpins our national priorities and permeates our collective unconscious. Call it the original sin or collective karma, this is a burden we have to bear as a nation. The Pluto return is a period when we must take our own medicine and ride out this once-in-a-Plutonian-year storm. Think of it as a storm that flushes out the stale and the stifled, the outdated and the unsound. Whatever remains will be consolidated and stronger than before, like a newly acquired superpower. I speculate that by the time this transit is over, the current system and our endless, divisive bickering will reach a conclusion, and the opposing positions and their hotly contested issues will be irrelevant. (To be continued)

Additional reading:

Reference:

Astrological Chart for USA [Sibly or not?] https://www.astrology.co.uk/news/USA.htm Archived /web/20220217201045/https://www.astrology.co.uk/news/sibly.htm

Lonsdale, E. (1997). Inside degrees: Developing your soul biography using the Chandra symbols. North Atlantic Books.

Klimczek, R. (1989). Degrees of the Zodiac: The Sabian Symbols. Self-published.

Goldsmith, M. (2015). The zodiac by degrees, extensively revised (2nd ed.). Red Wheel/Weiser.

Copyright ©2022 Brave New Real. All rights reserved.

17-18 Degree Gemini: Two Chinese Men Talking Chinese In A Western Crowd (and Donald Trump’s Xenophobia)

Mundane keywords: social misfits, cultural diversity, minority groups, multilingual, multiple ethnic and cultural identities, one who has difficulty assimilating, foreign languages or specialized languages/codes, China and the Chinese people, cultural ambassador, segregation.

Social and psychological keywords: being singled out for what one says or how one acts, determined to express oneself at the risk of being ostracized, being in and out of mainstream, juggling multiple cultural identities yet never quite at ease in one’s own skin, being a foreigner in one’s own country, the “you and me against the world” mind set, lost in translation, standing out from the crowd, speaking to an exclusive crowd, doubts and suspicion, xenophobia, elitist and inferiority complexes.

The 17-18 degree of Gemini locates in the Libra decanate and sits across the Sagittarius and Capricorn dwads. It describes a mental and communication process (Gemini) concerning personal relations (Libra) in a foreign (Sagittarius) society (Capricorn). The number 8 (1+7=8) and 7 (7th degree of the decanate) denotes the struggle (7) for power and wisdom (8).

We have two Chinese men speaking Chinese in western crowd. Being out of their native environment, they rely on each other for companionship and understanding. We don’t know if this is a chance meeting or a partnership, all we know is that they speak the same foreign language and they are naturally drawn to each other in such a setting. There might be a sense of comradery, a sort of “you and me against the world” mindset. Understandably, from the westerners’ point of view, the language barrier naturally arouses curiosity, mistrust and suspicion.

On the surface, this degree signifies one who is determined to drive home the point in a foreign, even hostile environment. For those living with this degree in their charts, to assimilate or not to assimilate is the question. Acutely aware of the shifting sands in a multicultural society, they hold on to their cultural traditions, abide with the mainstream as needed, and at the same time is mindful of the stark contrast between themselves and the norm. Nevertheless, they are compelled to speak out and are fully aware of the risks.

Martin Goldsmith went one step further and has the degree as “In a crowded Midwestern diner, two Chinese-Americans watch a television newscast, then argue about it in Chinese”. Here, against the all-American Midwest dinner backdrop, the social convention is conservative, commonsensical, and has a respectful distaste for outre behaviors. When the two Chinese-Americans watched the news and argue about it in Chinese, undoubtedly they would draw attention to themselves for their appearance and their foreign tongue, yet, their argued on. There is not only disagreement between the two, there is also glaring difference between the pair and their environment, with no compromise in sight. This degree points to conflict in the interpersonal relationships and one’s relation with the society as a whole.

The depiction of “two Chinese men” is interesting. If we were only to depict foreigners, there would be so many different nationality to choose from, why Chinese? Chinese culture is the longest consecutive major culture in the world. It is formidable in its depth and breadth; it is mysterious and exotic to outsiders yet its heritage directly influences roughly one quarter of the world population. The Chinese language is difficult for westerners for the enormous number of characters that are composites of meanings, pronunciations, and images. The Classical Chinese is often incomprehensible even to native speakers. Therefore, we can reasonably assume the symbol’s emphasis on cultural barrier to a colossal body of esoteric knowledge, at least to the western minds.

Incidentally, number 7 not only resonates with specialized knowledge and non-conformist tendencies, it also points to the path of mysticism. From a higher perspective, Dane Rudyar mentioned being “in” the world but not “of” the world. Ultimately, this symbols asks us to detach ourselves from what’s familiar and taken for granted, seek out the exotic, the esoteric, and a new approach that reconcile the contrasting polarities. Do we abide by the convention or risk the dirty looks? Do we eat at the same diner, or leave the comfort zone? Do we dare to suspend our ingrained prejudice and walk in others’ shoes? More than just choosing sides, we overcome the limitation of duality, and build a unified perspective –we become both the “two Chinese men” and the “western crowd,” at home with the world.

Some famous people and events that shares this degree are:

  • Barbara Bush (Sun): American First Lady and matriarch of the Bush political dynasty. After touring Houston Astrodome, one of the relief center in the horrific aftermath of Hurricane Katrina, she shared her observation of the refugees who have lost their homes and possessions, and were cramped into the crowded facility:

“Almost everyone I’ve talked to says, “We’re going to move to Houston.” What I’m hearing, which is sort of scary, is they all want to stay in Texas. Everyone is so overwhelmed by the hospitality. And so many of the people in the arena here, you know, were underprivileged anyway, so this, this is working very well for them”.

  • Jason Alexander (Moon): American actor famously known for his portrayal of George Costanza, a neurotic man suffering from low self-esteem and habitual lying, among many other personality flaws. He goes to great length to start and maintain romantic relationships but always falls short.
  • Jim Carrey (Moon): Canadian American actor and comedian. Famous for his maniacal brand of comedy, Carrey suffered from depression for significant period of his life and overcame it through spirituality.
  • Donald Trump (Uranus): American business man and presidential candidate. His has strong appeal to so called “angry (white) republicans,” and routinely offends various ethnic minorities during his presidential campaign. He is seen as xenophobic.
  • December 5, 1955 (South Node): Trial of Rosa Parks and the start of the Montgomery Bus Boycott. Parks was arrested for refusing to yield her seat in the colored section to white riders when the white section had filled up. The boycott was the first large-scale civil right protest in U.S. history. It was successful in removing the seating segregation on Montgomery buses.
  • June 3, 1946 (Uranus): The United States Supreme Court ruled in Morgan v. Virginia that a Virginia law requiring segregation of white and African-American bus passengers was illegal for interstate travel.

Sources:

“Barbara Bush Calls Evacuees Better Off.” New York Times. N.p., 5 Sept. 2005. Web. 12 Dec. 2015. [http://www.nytimes.com/2005/09/07/us/nationalspecial/barbara-bush-calls-evacuees-better-off.html?_r=0]

Astro Databank: [http://www.astro.com/astro-databank]

Wikipedia: Montgomery Bus Boycott [https://en.wikipedia.org/wiki/Chinese_Hand_Laundry_Alliance#cite_note-9]

Wikipedia: Irene Morgan [https://en.wikipedia.org/wiki/Irene_Morgan]

“Montgomery Bus Boycott.” History.com. A+E Networks, 2010. Web. [http://www.history.com/topics/black-history/montgomery-bus-boycott]

Leung, Rebecca. “Carrey: ‘Life Is Too Beautiful'” CBSNews. CBS Interactive, 8 Nov. 2004. Web. 13 Dec. 2015. [http://www.cbsnews.com/news/carrey-life-is-too-beautiful/]

Goldsmith, Martin. The Zodiac by Degrees: 360 New Symbols. Boston, MA: Weiser, 2004.

Rudhyar, Dane. An Astrological Mandala: The Cycle of Transformations and Its 360 Symbolic Phases. New York: Random House, 1973.

©2015 Brave New Real, all rights reserved.

21-22 Degree Sagittarius: A Chinese Laundry (and Donald Trump’s Moon)

San Francisco Chinese laundry, 1881. Public Domain.

Mundane keywords: immigrants, racial issues, labor, self-employment, East Asia and its people, washing and laundering (literal and metaphorical), stereotyping and character assassination, foreigners and aliens, society-imposed limitations.

Social and psychological keywords: racism, stereotyping, xenophobia, alienation, finding a niche in difficult social and economic environment, overworked and underpaid, carve out a niche for survival, inability or unwilling to assimilate, profound understanding of large-scale misdeeds and the cause to right such wrongs.

The California Gold Rush of 1848–1855 commenced the first significant wave of Chinese immigration to the U.S. The predominately young male population were first welcomed for their hard work in the mines and large labor projects. However, as the gold deposits dwindled and labor market tightened, anti-Chinese sentiment grew.

Degrading stereotyping and fictitious accounts brought on by competing prospectors and laborers, mostly European and American, were deliberately spread by union bosses and politicians, which exacerbated the racial hatred. Consequently, anti-Chinese legislation kept Chinese immigrants out of desirable careers. Many turned to the laundry business as it was often the only job to be found. At one time, in San Francisco, about 89% of the laundry workers were of Chinese descent.

Hand laundry was grueling work. A typical 10-16 work day consists of manual labor over kettles of boiling water and hot stoves. From Wikipedia:

“Laundry work was especially wearisome, because it meant the soaking, scrubbing, and ironing of clothing solely by hand; moreover, prompt and high quality service was necessary to keep customers satisfied. Workers in laundries and groceries received the going wage of twenty-five dollars per month, and despite long hours the work-week was seven days. For the majority of the Chinese, then, the daily routine was almost solely working, eating, and sleeping. There were a few other occupations available to Chinese”.

As the non-Chinese vying for the same business interests, Chinese laundries were the targets of harassment by local governments:

“In 1880, 95 percent of San Francisco’s 320 laundries operated in wooden buildings. The city passed an ordinance requiring owners of laundries in wooden buildings to obtain a permit. Two-thirds of the laundries were owned by Chinese people, but none of them was granted a permit. Only one non-Chinese owner was denied.”

–Chinese Laundries by Alice Myers

In 1882, the Chinese Exclusion Act was signed. It aimed to keep Chinese from entering the U.S., and excluded Chinese nationals in the U.S. from seeking citizenship, making them permanent aliens.

During the Great Depression, the job of launderer became increasingly attractive and again Chinese were targets of hostility from white labor unions. In 1933 the New York City Board of Aldermen passed a law to limited ownership of laundries to U.S. citizens while the Federal law suspended naturalization of Chinese immigrants.

The Chinese Hand Laundry Alliance successfully repelled the anti-Chinese legislation and preserved the livelihood of thousands of Chinese laundry workers. The labor organization continued to advocate for the civil rights of Chinese in North America.

Around the turn of the 20th century, one in four male Chinese immigrants in the United States worked in a laundry. The stereotype of Chinese Laundry persisted well into present days:

Here is a Jawbone commercial taking place in a Chinese Laundry:

https://www.youtube.com/watch?v=DW3TQpz64rA

An satirical report from the Onion: “Chinese Laundry Owner Blasted For Reinforcing Negative Ethnic Stereotypes”

http://www.theonion.com/article/chinese-laundry-owner-blasted-for-reinforcing-nega-1563

21 to 22 degree Sagittarius locates in the Leo decadent (10-degree divisions within a sign) and the Leo duad (2.5 degree sections within a sign). It is the 21st degree of Sagittarius and 1st degree of the decadent, therefore carries the energy of numbers 3, 7, (3×7=21), and 1.

People and matters contacting this degree identify themselves passionately with –or against – an individual, a ethnic or social minority group that’s underprivileged or prosecuted. The social climate that supports such discrimination and injustice is often prejudiced, hypocritical, unreasonable, and going against the universal value of fairness and equality.

Due to Leo’s influence, there is also a strong dramatic element associated with these unjust events. Spreading of falsehood, or some sort of a “creative” effort, is often involved.

On the opposite side of same coin, this symbol speaks of the bitterly oppressed and those who take on the thankless job of cleaning up the aftermath of epic misdeeds. At its higher expression, this degree allows profound understanding of the deep rooted injustice and societal wrongs, and take courageous action to counter such atrocities.

Some famous people with 21-22 Sagittarius degree in their chart are:

  • Donald Trump (moon), whose hard-line and controversial stance of deportation of illegal immigrants marks the flagship issue of his presidential campaign.
  • Richard Gere (moon) , known for his dedication for fair treatment of the Tibetan people and preservation of their culture. He was also a pioneer in the fight against stigma and discrimination against AIDS and its patients.
  • Amanda Knox (moon), an American student accused of murdering her roommate while studying in Italy. She was subjected to unprecedented negative publicity before her trail in Italy. Fictitious accounts of her live were invented by local authors for monetary gain. The CBS special report of her ordeal was titled “American Girl, Italian Nightmare”.
  • Harry Hay (moon), “the father of gay liberation.” He stood against assimilationism by the mainstream gay right campaigns.
  • King George VI (Sun): Living under the shadow of his elder brother Edward, King George reluctantly ascended the throne after his elder brother abdicated in order to marry divorced American socialite Wallis Simpson. King George VI oversaw the crisis of abdication, the hardship and eventual triumph of World War II, and the rapid decline of the British Empire.

Sources:
Norton, Henry Kittredge: The Chinese [http://www.sfmuseum.org/hist6/chinhate.html]
Jung, John: History [blog post] [https://chineselaundry.wordpress.com/history/]
Myers, Alice: Chinese Laundries [http://immigrationtounitedstates.org/426-chinese-laundries.html]
[Unattributed]: Chinese Launder [http://tvtropes.org/pmwiki/pmwiki.php/Main/ChineseLaunderer]
Wikipedia: Chinese Hand Laundry Alliance [https://en.wikipedia.org/wiki/Chinese_Hand_Laundry_Alliance#cite_note-9]
Astro Databank: [http://www.astro.com/astro-databank]


©2015 Brave New Real, all rights reserved.