Category Archives: Predictions-2009

Federal Reserve Forecast 2009-2011: The Coming Collapse of the Federal Reserve

It is obvious that the Federal Reserve (the Fed) is largely to blame for the current debt bubble by manipulating the price and supply of money and infusing large amounts of liquidity into the free market while keeping interest rates much too low, for much too long. According to economist Barry Eichengreen of the University of California at Berkeley and Kevin O’Rourke of Trinity College, of Dublin, the current global recession began in April 2008. Below is a black box graph (the Millennium black box module from AIR software allows one to plot weights for aspect for any time span using any type of predictive technique) indicates the dates and the effect of each planetary transit to the natal chart of the Federal Reserve.

Based on results of the Blackbox Module graph, it is obvious that the Fed is completely blind to the catastrophe heading its way. The National Debt now exceeds $12.2 trillion. The fiscal 2009 Federal budget will have a deficit of more than $2 trillion and incoming revenue will make up less than half of that. Although Treasury Secretary Geithner claims the deficit will be reduced, the Obama administration has stated that a $1 trillion annual budget deficit is to be expected for the foreseeable future. Currently the U.S. Treasury has insufficient capital to fund the deficit beyond revenues of $2 trillion that it has to raise by the end of the fiscal year (09/30/2009)!

As the Fed continues to monetize (create money out of thin air!) trillions of dollars:

  • 77 bank failures nationwide have occurred, since the start of the recession in 2008.
  • Tax receipts are on pace to drop 18 percent this year, the biggest single-year decline since the Great Depression! (The last time the government’s revenues were this severely deficient was 1932.)
  • The U.S. government is running a 13% fiscal deficit-to-GDP ratio.
  • A wave of municipal defaults is in progress as many cities and states are on the verge of bankruptcy. For example, California may go bankrupt, causing the municipal bond market to grind to a halt (municipal bonds have been seen as a very safe investment with less than 1% of municipal bonds defaulting since World War II), bringing public works and spending to a halt, causing a major drop in GDP.
  • The commercial real estate sector is collapsing due to widespread overcapacity of major retail chains, shopping malls, and strip malls, as the market to refinance trillions of dollars of debt obligations has practically closed, resulting in canceled expansion plans, increasing job layoffs, and declining tax revenue.
  • The Option Adjustable Rate Mortgage explosion is under way as home prices continue to drop and refinancing will not be sensible for banks and mortgage lending intuitions.

Yet, Federal Reserve Chairman, Ben Bernanke, seems to be confident that the Fed can land the recovery and prevent runaway inflation, by reducing the monetary base before it floods the economy. Will this be so?

Continue reading Federal Reserve Forecast 2009-2011 at www.williamstickevers.com/PredictFedReserveForecase09-11.html

UPDATE to Minnesota Senate Election: Franken wins, Coleman concedes.

Update to my previous prediciton on the outcome of the 2008 Minnesota Senate Election:

CNN Breaking News: Minnesota’s Supreme Court has declared Democrat Al Franken the winner of the state’s disputed U.S. Senate race.

(Associated Press) ST. PAUL, Minn. – Al Franken ascended Tuesday from the ranks of former “Saturday Night Live” comedians to an even more exclusive club, outlasting Republican Norm Coleman in an eight-month recount and courtroom saga to win a seat in the U.S. Senate.

Coleman conceded the election hours after a unanimous state Supreme Court ruled that Franken — who moved into politics with books poking fun at conservative radio host Rush Limbaugh — should be certified the winner. In doing so, he pulled the plug on a bitter election that was ultimately decided by 312 votes out of nearly 2.9 million cast.

Note to “End of U.S. Recession in 2009?”

NEW YORK (Reuters) – The U.S. economy will not recover until the end of this year, and even then growth will remain meek and vulnerable to higher interest rates and commodity prices, economist Nouriel Roubini said on Tuesday.

Roubini, who rose to prominence for predicting the global credit crisis, tore down the “green shoots” theory that a rebound is imminent, saying there was a significant risk of a “double-dip” recession where the economy expands slightly only to begin contracting again. [Read entire article here.]

Prediction Update: End of U.S. Recession in 2009?

June 8, 2009.

Note:

  • Bankruptcy filings are apt to exceed the 2005 number eventually, given data like Jobs Contract 17th Straight Month; Unemployment Rate Soars to 9.4%.
  • The USA Today is reporting Bankruptcy filings rise to 6,000 a day as job losses take toll.
  • Last month commercial bankruptcy filings hit 376 a day, up from 255 in May 2008. Hartmarx, which manufactures and markets apparel, and Silicon Graphics, a manufacturer of computer workstations and storage products, were among the filers.
  • Consumer and commercial bankruptcy filings are on pace to reach a stunning 1.5 million this year, according to a report from Automated Access to Court Electronic Records.

End of U.S. Recession in 2009?

Will the U.S. recession end by the end of the third quarter of 2009 as predicted by most economists?

According to the Associated Press more than 90 percent of economists predict the U.S. recession will end this year. About 74 percent of economic forecasters expect the recession — which started in December 2007 and is the longest since World War II, to end in the third quarter of 2009. Another 19 percent predict the turning point will come in the final three months of this year, and the remaining 7 percent believe the recession will end in the first quarter of 2010. Even Federal Reserve Chairman Ben Bernanke and NABE forecasters say the recession will end later this year, barring any new shocks to the economy.

However many consumers and investors are skeptical of such optimistic forecast. A Rasmussen Reports telephone survey of 1,500 adults for May 27th state that 79% believe that the U.S. economy in a recession with only 8% stating no, and 14% unsure. Another survey showed that 57% of consumers rated the U.S. economy as poor with fewer than 10% saying it is good, or excellent. Finally the latest Rasmussen Reports survey finds that 58% say the nation is moving down the wrong track.      

So the question is “Will the U.S. recession end by the end of the third quarter of 2009 as predicted by most economists”?

Date and Time: May 27th 2009, at 1:59 pm EDT, New York, NY.        

To view astrological horary chart, click here.

In this figure Virgo rises therefore Mercury rules of the Ascendant. In mundane astrology Mercury rules of the news media, opinion polls, and think tanks (an institute or group that conducts research and advocates policy to a nation’s leadership). Mercury’s placement in the 9th house symbolizes the trends forecast for the economy as reported by the media. Mercury is peregrine (without dignity), retrograde, and cadent, testimonies that indicate the forecast model on which the economist made their prediction is faulty and unable to measure the unforeseen and robust shifts in the global economy.

The Moon co-significator of the question, and the measure economic confidence consumers have on a daily basis, makes a separating square from Venus ruler of the 2nd house of the nation’s economic activity, and the banking system. Venus is in detriment, placed in the malefic 8th house of debt and crisis, and is applying to malefic Mars. The Moon is making a separating square from a debilitated Venus which signifies the ending of the fiscal 1st quarter and thus shows the brute force of the recession affecting the American consumer as the economy sank at a steep 5.7 percent pace since January, marking the second straight quarter when the economy began to plummet last fall and thrusting the nation into a financial crisis.

Venus’ debilitation and untenable position in the 8th house signifies a nation in massive debt and whose foreign and domestic credit is tapped out as trillions of dollars-worth of toxic assets were dumped onto taxpayers in attempt to bail out the banking sector. With Venus applying to Mars, the risk of inflation will increase as the government continues to print more money in order to provide fiscal stimulus into the economy. This will be followed by higher interest rates as the U.S. dollar begins to tailspin downward.

The Moon’s next application is a sextile to Mercury, an indication of a short-term false flag recovery. Therefore we can expect the stock market to make a strong rally during the 2nd fiscal quarter improving consumer confidence, at least for the short term, in the belief that the economy will be stronger one year from now.  

However, the Moon’s next aspect is an applying square to Mars, ruler of the 8th house – a testimony that that another financial crisis may be inevitable. Therefore, we can expect consumer confidence to fall to record lows as  economic uncertainty increases as tens of millions of households fall behind on their mortgages or stop paying altogether due to unemployment, job insecurity, credit debt, and rising gas prices.

Conclusion: Based on the testimonies stated above a  soft landing recovery is highly unlikely. In fact, the testimonies in the horary augur that 4th quarter economic growth will be negative with the risk of the economy is moving toward a double dip W-shaped recession by next year. Therefore, we can expect a decline in economic growth by the 1st quarter of 2010, paving the way for the development for what NYU professor of economics Nouriel Roubini says could be the “perfect storm.”

Trend: The American consumer will no longer be able to be idle bystanders expecting government to come to the rescue as the severity of economic hardship increases due to rising public debt, double digit unemployment, rampant inflation, and scarcity of energy resources.

Prediction Update: GM files bankruptcy

A note to my prediction made on January 10, 2009:

  • Regardless of the automotive industry bailout General Motors will still declare bankruptcy by the end of 2009. (Jan. 10, 2009)

NOTE: According to astrologer Susan Manual, General Motors filed for Chapter 11 bankruptcy early this Monday morning (June 1, 2009 at 7:57:51 AM), in Detroit, Michigan, according to the petition that was published in today’s Detroit Free Press online.  This event marked the humbling of an American icon that once dominated the global car industry.  The question now facing 56,000 auto workers, 3,600 GM dealers and the Obama administration: Will GM recover and move swiftly from its bankruptcy? (June 1, 2009)

Also: http://www.msnbc.msn.com/id/31030038/

2009 Predictions: 2008 Minnesota Senate Election Outcome

This prediction was originally posted on my website www.williamstickevers.com on Januray 1, 2009.

Minnesota Senate Election 2008

  • Former Saturday Night Live actor and comedian Al Franken will emerge victorious over Senator Norm Coleman from the protracted Minnesota recount. (Jan. 01, 2009)

NOTE (04/10/09): The absentee votes that the three-judge election panel ruled as legal were counted yesterday and Al Franken‘s lead expanded from 225 votes to 312 votes. At this point, Norm Coleman has virtually no chance of winning the election contest. Coleman is likely to appeal to the Minnesota Supreme Court and probably to the U.S. Supreme Court if he loses that one. Now the question is whether the Minnesota Supreme Court will order the governor and Secretary of State to sign the certificate certifying the election and how they respond to such an order if it happens.