I have been fascinated with a few words (new to me) that have entered the mainstream lexicon in this past week, as the Full Moon (on July 3) dispersed the massive energy of the first Uranus-Pluto square (June 24). The LIBOR scandal and the Higgs boson are the events that came into public view (i.e., not just physicists and financiers) with the Full Moon at 12° Capricorn/Cancer.
The Moon at 12° Capricorn had just crossed Pluto at 8° Capricorn and transiting Mars was at 0° Libra — the Aries Point of high public visibility. Mars will keep moving to oppose Uranus and square Pluto on July 17 and 18.
The LIBOR index sets the interest rates that banks charge each other, kind of like a credit score for the bank. (1) On July 3, the CEO of Barclays, Robert Diamond, resigned in disgrace after the exposure of a massive LIBOR rate rigging scandal. No surprise to anyone, but the dark side of Pluto in Capricorn obviously has a ways to go, as this is apparently the biggest, baddest, most corrupt banking scandal yet. Commentators are saying that all the big international banks are undoubtedly involved in the manipulation. (2)
Matt Taibbi wrote a blog on July 3, the day of Diamond’s resignation, asking Why is Nobody Freaking Out about the Libor Banking Scandal? (3) He writes:
“This story is so outrageous that it shocks even the most cynical Wall Street observers. I have a friend who works on Wall Street who for years has been trolling through the stream of financial corruption stories with bemusement, darkly enjoying the spectacle as though the whole post-crisis news arc has been like one long, beautifully-acted, intensely believable sequel to Goodfellas. But even he is just stunned to the point of near speechlessness by the LIBOR thing. ‘It’s like finding out that the whole world is on quicksand,’ he says.”
But, who knows: with Uranus pressing into Pluto’s tyrannical tendencies, maybe the evil-doing bankers will fall gracefully into (or get stuck in?) the Higgs boson (“the most sought after particle in modern physics”) and never be heard from again. (4) (My understanding of the science is rudimentary, but Higgs boson has something to do with dark matter and, like all astrologers, I do have an imagination.)
As a tribute to the Uranian force of the square, a particle “consistent with the Higgs boson” was announced on July 4 by physicists at the CERN lab in Geneva. This appears to be evidence for the subatomic particle popularly called “the God particle.” In a splendid interview on BBC, Professor Brian Cox said: “This day will go down as one of the great days in the history of science.” (5)
Higgs boson is at least as complicated as the LIBOR scandal, but far more fun to ponder. There are lots of great descriptions and graphics, including this demonstration with ping-pong balls
And this,The Higgs Boson Explained on Vimeo.
John Ellis, a theoretical physicist answers the question, What is the Higgs boson?
The Best Analogies Scientists and Journalists Use to Explain the Higgs Boson
British physicist Peter Higgs (with colleagues from Belgium and the U.S.) first proposed the theory, that likely now has been proven, in the 1960s. Higgs was born on May 29, 1929, with Uranus at 10° Aries. (6) Happy Uranus Return, Professor Higgs.
(1) LIBOR (London Interbank Offered Rate) is “widely used as a reference rate for many financial instruments,” including futures contracts, variable rate mortgages, currencies (especially the U.S. dollar), and thus “provides the basis for some of the world’s most liquid and active interest rate markets.” Wikipedia
(2) Here’s a discussion with Matt Taibbi and Eliot Spitzer.
(3) Rolling Stone