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Icahn Enterprises, L.P. (NYSE:IEP)
Q2 2014 Earnings Call
August 05, 2014 10:00 am ET
Jesse Lynn -
Keith Cozza - Chief Executive Officer of Icahn Enterprises G.P. Inc., President of Icahn Enterprises G.P. Inc. and Director of Icahn Enterprises G.P. Inc.
SungHwan Cho - Chief Financial Officer of Icahn Enterprises G.P. Inc. and Director of Icahn Enterprises G.P. Inc.
Daniel Thomas Fannon - Jefferies LLC, Research Division
Kenneth P. Bann - Jefferies LLC, Research Division
Andrew Berg - Post Advisory Group, LLC
Good morning, and welcome to the Icahn Enterprises L.P. Q2 2014 Earnings Call with Jesse Lynn, Assistant General Counsel; Keith Cozza, President and CEO; and SungHwan Cho, Chief Financial Officer. I would now like to hand the call over to Jesse Lynn who will read the opening statement. Please go ahead.
Jesse Lynn
Thank you. The Private Securities Litigation Reform Act of 1995 provides a Safe Harbor for forward-looking statements we make in this presentation, including statements regarding our future performance and plans for our businesses and potential acquisitions. These forward-looking statements involve risks and uncertainties that are discussed in our filings with the Securities and Exchange Commission, including economic, competitive, legal and other factors. Accordingly, there is no assurance that our expectations will be realized. We assume no obligation to update or revise any forward-looking statements should circumstances change, except as otherwise required by law.
This presentation also includes certain non-GAAP financial measures.
Now I'll turn it over to Keith Cozza, our Chief Executive Officer.
Keith Cozza
Thanks, Jesse. Good morning, and welcome to the Second Quarter 2014 Icahn Enterprises Earnings Conference Call. Joining me on today's call is SungHwan Cho, our Chief Financial Officer.
I would like to begin by providing some brief highlights. Sung will then provide an in-depth review of our financial results and the performance of our business segments. We will then be available to address your questions.
Icahn Enterprises posted strong results for the second quarter of 2014, driven by the performance of the Investment Funds. Adjusted net income attributable to Icahn Enterprises for Q2 2014, after adding back the loss on extinguishment of debt, was $520 million or $4.32 per LP unit, compared to net income of $54 million or $0.48 per LP unit in the prior year period. Please note that Q2 of 2013 did not contain any gains or losses for the extinguishment of debt.
Adjusted EBITDA attributable to Icahn Enterprises for Q2 2014 was $880 million, compared to $275 million in Q2 of 2013.
In our Investment segment, the Investment Fund recorded a total return of 10.7% for the quarter compared to a return of negative 2.8% in the prior year quarter. The Investment Funds' performance was driven by significant gains from our investments in Apple, Chesapeake Energy, and Forest Laboratories. We are very pleased with these returns given the negative impact that our hedging activities have had on performance. Without giving effect to our hedges, our long-only positions increased by 17% for the quarter.
Q2 2014 sales and operating EBITDA for Federal-Mogul improved from the prior year period, driven by strong conversion on higher sales and improved operating performance, particularly, in their Powertrain division. Powertrain continued to gain market share in all regions, and financial results of the Motorparts division improved in North America, which helped to offset some of the weakness in European sales. Adding to Motorparts portfolio of products were the acquisition of Affinia's chassis business in Q2, as well as the Honeywell friction acquisition, which closed subsequent to quarter end.
In our Energy segment, the refining and fertilizer MLPs had solid operational performance in the second quarter. CVR Refining had record combined crude throughput rates for the quarter. And the fertilizer subsidiary, CVR Partners, benefited from sequentially higher average UAN prices per ton. Subsequent to quarter end, CVR Energy announced a special dividend of $2 per share, which was paid on August 4.
Our Railcar segment continued to have strong tank railcar shipments in Q2 of 2014 and was able to efficiently ramp up production to meet increased demand for hopper railcars. This segment also continues to build its lease fleet, which consisted of over 37,000 railcars at the end of the quarter.
In our Gaming segment, Tropicana's earnings have held steady in spite of weakness in the broader Atlantic City market. Tropicana AC has benefited from the closure of a competitor in Atlantic City, as well as from Internet gaming revenues, which commenced in November of 2013. Tropicana closed on the acquisition of Lumière Place Casino & Hotel complex in St. Louis, Missouri, during Q2 of 2014.
IEP ended the quarter with substantial liquidity with cash and liquid investments at the holding company totaling approximately $6.2 billion.
We are finding no shortage of investment opportunities across all of our segments, which we believe will produce compelling returns over the long term.
With that said, let me turn it over to Sung for a review of the operating segments.
SungHwan Cho
Thanks, Keith. I will begin by briefly reviewing our consolidated results for Q2 2014 and then highlight the performance of our operating segments.
In Q2 2014, adjusted net income attributable to Icahn Enterprises after adding back the loss on extinguishment of debt was $520 million, driven by strong performance of the Investment Funds, as Keith mentioned earlier.
As you can see on Slide 5, Q2 2014 adjusted EBITDA attributable to IEP was $880 million, compared to $275 million in the prior year. Most of the increase is tied to the performance in the Investment segment, as well as improved performance of Federal-Mogul and the acquisition of ARL in Q4 of 2013.
I will now provide more detail regarding the performance of our individual segments.
Our Investment segment had income attributable to Icahn Enterprises of $501 million. For Q2 2014, the Investment Funds that we managed had a gross return of 10.7% compared to a loss of 2.8% in Q2 2013. Long positions had a 16.8% return for the current quarter while the short positions and other expenses had a negative performance attribution of negative 6.1%. Year-to-date, the Investment segment has generated a 10.2% return compared to 6.7% in the first half of 2013. Since inception in November 2004 through the end of Q2 2014, the Investment Funds gross return is 293% or 15.2% annualized.
The Investment Funds continue to be significantly hedged. At the end of Q2 2014, net long exposure was 39%, compared to 13% at the end of 2013. IEP's investment in the Funds was $5.1 billion as of June 30, 2014.
And now to our Energy segment. For Q2 2014, our Energy segment reported net sales of $2.5 billion and consolidated adjusted EBITDA of $215 million. CVR Refining's Coffeyville and Wynnewood refineries achieved another consecutive quarter record combined crude throughput rates, and CVR Partners benefited from a sequentially higher average UAN price per ton.
CVR Refining reported Q2 2014 adjusted EBITDA of $193 million, compared to $251 million in the prior year period. The decline is due to lower refining margins adjusted for FIFO, which for $14 per barrel in Q2 2014, compared to $19 per barrel in Q2 2013. Partially offsetting the margin decline was the record crude throughput rate of approximately 212,000 barrels per day for the Coffeyville and Wynnewood refineries. Subsequent to quarter end, a fire at the Coffeyville refinery caused damage to the plant's control system. Management has estimated that the Coffeyville refinery could be down for approximately 4 weeks, during which time they will pull forward some of the planned schedule maintenance activities. More importantly, four employees were hospitalized by the fire. CVR's management is focused on providing assistance to the injured employees and their families. Despite this tragic accident, we believe that CVR has one of the best safety records in the industry and CVR management remains committed to providing a safe environment for all of CVR's employees.
CVR Partners reported Q2 2014 adjusted EBITDA of $26 million, compared to $44 million in Q2 2013. Production levels in Q2 2014 were impacted by planned downtime at the fertilizer plant. Average realized plant gate prices for UAN was $283 per ton, compared to $331 per ton in the same period in 2013.
Now turning to our Automotive segment. Our Automotive segment's Q2 2014 sales were $1.9 billion, which was a year-over-year improvement of 5%. Operational EBITDA was $180 million in Q2 2014, up 11% in Q2 2013. Federal-Mogul's improved financial results for the quarter were driven by higher sales volume and market share gains in the Powertrain division, as well as continued improvements in operational performance. On a global basis, Powertrain had revenues of over $1.2 billion in Q2 2014, compared to $1.1 billion in the prior year period.
The Powertrain segment is continuing to gain market share in all regions. Revenue in North America was up 12% while light vehicle production was flat in Q2 2014, and commercial vehicle production grew by 5%. In Europe, Q2 2014 sales were up 4% compared to a slight increase in light vehicle production of 1% and a decline in commercial vehicles of 6%. Powertrain revenue in all other regions was up 11% on a constant dollar basis, driven by strong sales in China where sales increased 24% compared to 2013. Powertrain's operational EBITDA continued to improve as the division recorded $117 million in Q2 2014, an increase of $12 million over the same period in '13.
The Motorparts division had revenue of $791 million in Q2 2014. Sales in North America are improving, which helped to offset some softness in European sales in the quarter. Motorparts operational EBITDA was $63 million in Q2 2014, up $6 million from 2013. The division continues to make progress strengthening its product portfolio.
The Motorparts division closed on its purchase of the Affinia chassis business in May and the acquisition of the Honeywell friction business subsequent to quarter end.
At the beginning of Q2 2014, Federal-Mogul successfully secured $2.6 billion to refinance maturing debt. The new financing includes a term loan of $700 million due April 2018, a term loan of $1.9 billion due 2021, strengthening the liquidity and financial profile of the company.
Now turning to our Railcar segment. Railcar shipments for Q2 2014 were approximately 2,140 railcars, including approximately 1,020 railcars to leasing customers as compared to 1,310 railcars for the prior year period, of which approximately 520 railcars were to leasing customers.
The industry delivered approximately 16,000 railcars in Q2 according to the Railway Supply Institute with tank cars accounting for the majority of railcars delivered. Orders for covered hoppers, however, has been gaining momentum. Covered hoppers now represent 36% of the industry backlog, up from 16% at the end of 2013, driven by strong demand for frac sand and plastic pellet cars. According to the Railway Supply Institute, the railcar manufacturing backlog increased to an all-time high of nearly 100,000 railcars at the end of Q2 2014, compared to 73,000 railcars at the end of 2013. As of June 30, 2014, ARI had a backlog of approximately 9,500 railcars, including 4,900 railcars for lease customers.
Total manufacturing revenues before intercompany eliminations for Q2 2014 increased by $90 million over the comparable prior year period. The increase was primarily due to the increased hopper railcar shipments and strong market conditions for tank railcars.
Gross margin for manufacturing operations, before intercompany eliminations, for Q2 2014 was $65 million, compared to $44 million for the prior year period. Gross margin from manufacturing operations as a percentage of the manufacturing revenues decreased to 24% for Q2 2014 from 25% in the prior year. The slight decrease in gross margin percentage was primarily due to a shift in the sales mix to a higher mix of hopper railcars, which have lower margins than tank railcars.
Railcar leasing revenues increased for Q2 2014 as compared to the prior year period due to an increase in the number of railcars leased to customers and an increase in the average lease rate. The lease fleet grew from approximately 32,000 railcars at the end of Q2 2013 to approximately 37,100 railcars at the end of Q2 2014. Lease rates remain strong driven by strong demand from the energy sector.
Adjusted EBITDA attributable to IEP grew to $63 million, compared to $21 million in the prior year. As a reminder, we acquired a 75% ownership in ARL in late 2013, and therefore, adjusted EBITDA attributable to IEP for Q2 2013 does not include adjusted EBITDA related to ARL for that period.
Now turning over to our Gaming segment. Q2 2014 Gaming segment revenue and EBITDA improved from the prior year period due to an increase in consolidated gaming volumes. Q2 2014 is the first quarter to include our recent acquisition of Lumière Place. Even without the addition of Lumière, however, revenues were higher.
Tropicana's adjusted EBITDA for Q2 2014 was $26 million, which was $2 million higher than Q2 2013. Subsequent to quarter end, we were able to sell the River Palms property in Laughlin, Nevada, for $7 million. Tropicana finished the quarter with $160 million in cash and cash equivalents as of June 30.
Now turning to our Food Packaging segment. Net sales for Q2 2014 were flat at $93 million compared to the prior year period. An increase in price and product mix and favorable foreign currency translation was offset by lower volumes. Sales and profits were also impacted by temporary weather-related disruption at one of Viskase's extrusion plants.
Consolidated adjusted EBITDA of $17 million in Q2 2014 was flat from the prior year period.
Viskase's cash balance at the end of Q2 was $31 million.
And now to our Metals segment. Net sales for Q2 2014 decreased by $42 million or 18% compared to the prior year period. Adjusted EBITDA was a loss of $4 million in Q2 2014, compared to a loss of $6 million in the prior year. The decrease in sales was driven by lower volumes as PSC focuses on more profitable volumes.
The market environment remains challenging as the weak export market, raw material supply constraints and competition for shredder feedstock continue to impact the operating results of PSC. The company continues to invest in its operations with a focus on strengthening our competitive position within our existing markets.
And now to our Real Estate segment. Q2 2014 Real Estate revenues were $26 million, which was $5 million above the comparable prior year period. Most of this increase was due to residential unit sales in our Cape Cod development operations. The majority of revenues from our Real Estate segment for both periods continue to be derived from our rental and resort operations.
Our net lease portfolio continues to drive earnings in this segment with its 29 properties generating strong cash flows.
The Real Estate segment generated $12 million of adjusted EBITDA in Q2 2014.
And now turning to our Home Fashion segment. Net sales for Q2 2014 decreased by $4 million or 8% compared to the prior year period. The decrease was primarily due to reduction in sales volume and certain low-margin programs.
Looking forward, we are excited by new brands and believe we have solid placements, which will help top line growth.
Despite the sales decrease, adjusted EBITDA was a positive $2 million in Q2 2014 compared to breakeven in the prior year.
Gross margin as a percentage of net sales was 16% for Q2 2014 as compared to 10% in the prior year. The improvement was primarily due to the effects of replacing certain unprofitable programs with higher-margin sales. As of June 30, 2014, WestPoint had $9 million of unrestricted cash.
Now I will discuss our liquidity position. We maintain ample liquidity at the holding company and at each of our operating subsidiaries, could take advantage of attractive opportunities. We ended Q2 2014 with consolidated cash and our investment in the funds totaling approximately $8.4 billion. Our subsidiaries have approximately $2.2 billion of cash and $1 billion of undrawn credit facilities to enable them to take advantage of attractive opportunities.
In summary, we continue to focus on building asset value and maintaining ample liquidity to enable us to capitalize on opportunities within and outside of our existing operating segments. Thank you.
Operator, can you please open it up for questions now?
Question-and-Answer Session
[Operator Instructions] And our first question comes from Dan Fannon from Jefferies.
Daniel Thomas Fannon - Jefferies LLC, Research Division
Just wanted to touch base on just the investment opportunities and how you kind of see it today versus other periods. You mentioned there are still pretty -- opportunities -- you're still pretty positive on the environment. But just thinking about your -- the firm capital allocating more to the Fund, less to the Fund, kind of for the rest of this year and how you think about that. Then ultimately just kind of comparing maybe just the activist environment as a whole to today in the first half of this year versus maybe a year ago or other periods in time.
Keith Cozza
Sure. Dan, it's Keith. Obviously, we think the current environment for the activist strategy is fantastic. Some of this is going to sound very familiar, but interest rates are extremely low. Organic growth opportunities are somewhat limited. We've been kind of pushing or preaching about an M&A boom, which is somewhat materializing over the last couple of quarters, and we've been able to participate in that with the -- you just probably saw the recent public news of Family Dollar, as well as Forest Laboratories getting bought out during the first half of the year as well. So the opportunity set is great. I would characterize one -- I would recharacterize one thing you said, we're generally very cautious on the overall economy and very careful where valuations are right now. And so -- but I think that shows up in our low exposures. We tend to keep things pretty hedged. We're seeing good opportunity sets on certain individual situations. But globally, we're pretty cautious. From a macro point of view, we're pretty cautious.
Daniel Thomas Fannon - Jefferies LLC, Research Division
Okay. And I guess, I mean, should we think about then, at the segment level, M&A is still being -- is something you guys are pushing for in those segments? Or just thinking about just kind of activity across the various subgroups and where you potentially see more opportunity for that? Or kind of thinking about the holistic portfolio, you don't see much change kind of from here?
Keith Cozza
Well, I mean, I think our actions probably are going to speak the loudest. At the subsidiaries, we are seeing a number of different M&A opportunities. We've talked about it. We bought the casino in -- the Lumière Casino in St. Louis as part of the Tropicana business. Federal-Mogul just did two bolt-on acquisitions and we're -- there's no shortage of additional opportunities that we're constantly reviewing. And if the valuation makes sense and the strategic rationale makes sense and there's good synergies, we'll pull the trigger. But as far as those opportunities -- we see dozens of opportunities every quarter. Which ones materialize is always just price dependent, effectively. But I think -- I look at IEP in the long term. And over a decade, you see different segments being added into our operating businesses, and I would expect that to continue over the next decade. I think if we had this conversation 2, 3 years from now, there'll probably be a new segment, maybe it'll be one less segment. It's always going to be valuation dependent.
Daniel Thomas Fannon - Jefferies LLC, Research Division
Got it. And then, lastly, just any update on July with regards to the fund and how that's tracked into the third quarter?
Keith Cozza
Yes. I'm not in the position to -- we haven't disclosed that.
And our next question comes from Ken Bann from Jefferies and Company.
Kenneth P. Bann - Jefferies LLC, Research Division
I was just wondering could you give us maybe an update on maybe where your cash might be now with the special dividend that you got from CVR?
Keith Cozza
Well, I mean, sure, we can do it together. It's -- the special dividend is public information. $2 times 71 million shares, so it's another $140 million on top of our reported balance here. So at holdco, pro forma would be around $1.250 billion. I mean, there are some other thing -- regular business-type things that are probably in there, but that's the big item.
Kenneth P. Bann - Jefferies LLC, Research Division
Okay, right. And then, in terms of M&A, are there any thoughts on some of your smaller segments, selling any of those at any point given the stronger valuations in the market?
Keith Cozza
We're always evaluating. I mean, we kind of -- we like to say we follow our mantra. We could be buyers or sellers. It's always valuation dependent. There's nothing imminent, but we're always actively reviewing for add-ons or even dispositions, frankly. But there's nothing pending.
[Operator Instructions] And we do have a question from Andrew Berg from Post Advisory.
Andrew Berg - Post Advisory Group, LLC
On the Metals segment, just curious, you made a little bit of headway. Obviously, it remains a challenging environment. You think that there's any potential to get this to breakeven by fiscal year end? Or do you think we'll be in EBITDA loss for the year?
SungHwan Cho
We've made some management changes there. The environment continues to be pretty tough. But we have a lot of operational initiatives in place that we think there's a chance of getting to, at least, breakeven for the remainder of the year. And I think we continue to invest in the business and we think that'll add to the profitability of the business next year.
Andrew Berg - Post Advisory Group, LLC
Okay. And on the WestPoint side, again you've been making slow headway on that one. As that business begins to turn, do you start seeing inquiries from anybody who may want to approach you to buy that business now that you've got it back on better footing? Or is it still pretty much work in progress and you're waiting for the right time to exit?
Keith Cozza
I think we're most -- we're just focused on improving the operations of it this year. We're happy with what the job management is doing. It's been a long road of turning that around, Andrew, but we're pretty focused on continuing to improve and focus on profitable sales. So there's again -- that's where our main focus is right now, to turn it into a nice little profitable segment here this year.
Andrew Berg - Post Advisory Group, LLC
Okay, and then, just on the hedge fund, I just want to make sure I got it right. Sung, you said your net long was 39% at the end of 2Q and 13% long at the end of 4Q last year?
SungHwan Cho
Yes, that's right.
Andrew Berg - Post Advisory Group, LLC
What was it the end of 1Q? Do you have that number?
SungHwan Cho
Off the top of my head, I want to say 33%, but it is in the Q in the same section. I'm doing it off memory, but I believe it was 33%.
Thank you. And I currently have no more questions in the queue.
Keith Cozza
Okay, thanks, everyone. We look forward to speaking with you next quarter.
Ladies and gentlemen, thank you for participating in today's conference. This does conclude today's program. You may all disconnect. Everyone, have a great day.
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The Royal Couple
By Mary Plumb | November 22, 2010
I spent lots of time last week researching eclipses for an NCGR talk, so the subject is on my mind. I am currently on a road trip in California, visiting a few friends along the way. I'm just leaving my first stop; this friend's birthday was July 11, the day of the recent total solar eclipse at 19º Cancer. We had a wonderful long discussion of her experience, thus far, of having a solar eclipse on her birthday. I'm now going to another friend who was born on the day of this year's annular (i.e., "ring of fire") solar eclipse at 25º Capricorn on January 16. Hearing their stories is a grand and vivid display of the awesome power of eclipses.
I had looked back at the striking eclipse patterns in the life of Diana, the Princess of Wales, for my talk, so I was not too surprised by William's engagement announcement. He was born on a solar eclipse on June 21, 1982 at 9:03 pm in London. With the natal Ascendant at 27º28' Sagittarius, right in line of the upcoming total lunar eclipse at 29º Gemini on December 21.
William's Sun in the birthchart is 0º06' Cancer and the Moon at 4º58' Cancer. Venus is at 25º Taurus, conjunct Diana's Venus at 24º Taurus.
Diana's Midheaven is 23º Libra. Using Porphyry house cusps, Venus dignified in Taurus is in the 5th of children and by Whole Sign houses, the Venus is in the 6th. Perhaps this is an echo of the fact that bearing a son was part of her "royal job description"?
In any event, William's fiancée, Kate Middleton is now wearing the diamond and sapphire ring that belonged to his beloved mother, surely a strong (and appropriately luxurious) statement of her presence.
And, the lovely Kate (born on January 9, 1982) also is born on an eclipse – a total lunar eclipse with the Sun in Capricorn and the Moon in Cancer. A time for her hasn't surfaced yet, but the total lunar eclipse on the day she was born was at 19º16' Capricorn /Cancer. As mentioned above, there was a total solar eclipse at 19º Cancer this past summer.
Many have written about the astrology of this love story; here are some of those links. And here's to Venus moving forward slowly in Libra and to more sweet love stories unfolding for us all.
Judi Vitale writes happily on Prince William and Kate Middleton's Lovecast.
Marjorie Orr's Prince William and patient Kate to marry considers that he has been "undergoing massive emotional changes in the past two years" as transiting Pluto has opposed his Sun and Moon (and his Sun/Moon midpoint).
Dharmaruci sees Kate's ambition in William and Not-So-Innocent Kate. (Her Capricorn Sun is squared by Pluto, Saturn and Mars in Libra.)
Marina at DarkStar looks at the chart for the announcement of their engagement. Jamie, also writing on Darkstar, has articles on Prince William: Occult Prince and Kate Middleton Horoscope.
The keen and warm relationship observer, Elsa, notices the shared Saturn placement of the couple in Libra Seeking Balance: Kate & Wills – a Saturn in Libra Royal Couple
Penny Walters's Prince William is getting married notes changes in his progressed chart signifying the marriage.
Penny Thornton looks at both of their charts and considers possible times for the upcoming wedding in The Royal Engagement. She writes: "Were they to be consulting me about the wisdom of their decision to marry I would give them an A-rating and open a bottle of Dom P to their brilliant future together."
Anne Whitaker's Prince William Great Britain's Future King looks at the Saros series of his birthday eclipse.
Alex Sumner offers his choice of an elected chart for the couple to marry next year at Sol Ascendans.
And, do go here for a wonderful longish article The Jupiter Cycle of Lady Diana by Nick Kollerstrom. (He includes Charles, Camilla and William's natal horoscopes and many event charts.)
I look forward to your comments on the royal couple – innocent or jaded – all are welcome here!
Have a good week everyone.
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It's a New Day
By Mary Plumb | November 8, 2010
Okay, friends — Neptune and Chiron are direct, the Moon and Mars are in Sag, Venus is retrograde back into Libra, and the North Node is conjunct Pluto. I'm looking forward and outward after last week's very introspective blog. No more whining, as my beloved (Capricorn) sister would (and does) say.
I've got a good mix of sites for you to visit.
First of all, in tribute to Vesta who was so pronounced at last week's New Moon: Bob Marks has a wonderful website with lots of timeless content. Here's an article with his quite interesting insights on natal Vesta through the houses, signs and aspects. (For the curious, here's his same treatment for Juno.)
Anne Whitaker, Writing from the twelfth house, wrote very kindly about TMA's new CD. Since, as far as I can tell, TMA is not known for an overly aggressive marketing strategy, I'll be pleased to let Anne speak for us.
Ready or not, the elections are over and many of astrology's political observers have commented:
Nancy Sommers's of Starlight News looked at Obama's November last week, finding some good news, i.e., "the Pluto transit quincunx his natal Moon (3 Gemini21), activating the natal square, is now behind him," as well as plenty of caution: "the Jupiter station (23 Pisces29) sesquiquadrate his natal Neptune (8 Scorpio36) through most of November and the final Neptune crossing of Obama's South Node (27 Aquarius19) in January 2011."
In her blog posted on November 7, Minority Leader, Sommers looks at Nancy Pelosi's (untimed) birth chart. (Her Sun is between 5º – 6º Aries; does she feel Pluto yet?)
Jude Cowell is a keen astrologer and a funny writer. In her blog at Stars Over Washington she wonders about Sarah Palin running for president in 2012. "One thing everyone knows: if she does plan to run, she's got an awful lot of studyin' and learnin' and info-retainin' to do." And, she has a fine entry on Neptune's station at its discovery degree.
Jessica Murray's articles are always superb. Pretend Politix is an essay on her ever thoughtful MotherSky site. Her subject is Chiron and Neptune, both of which stationed direct on the U.S. Moon last week.
Lynn Hayes writes about Keith Olbermann on her widely read Astrological Musings column at Beliefnet. For a hint: Olbermann, born on January 27, 1959, has an Aquarius Sun opposite Uranus (in Leo) and square Neptune (in Scorpio).
On a different celestial subject, Venus's heliacal rise was on November 5. David Crook has an elegant description on his Stellar Insights Astrology site, Venus as Morning Star.
I just found Jason Fleming El's site, Sagittarian Mind: Astrology for the Higher Mind. He captures the essence of Scorpio in Scorpio Mixtape: Power Packed, which includes a soundtrack for Pluto and for Mars.
Although it's not something I'm proud of, I've given up on trying to follow the financial markets. Lucky for us, many astrological observers are staying on top of it. The Forecast for the Week, at Wall Street Weather: Interpreting the Emotional Atmospheric Conditions of the Street and the World, includes analysis of Fed Chairman Bernanke's decision to start "another round of quantitative easing (QE)." This is a very well-written site with clear astrological correlations and good links to other sources.
John and Susan Townley's AstroCocktail site is another that is packed with high-quality astrology. Neptuned Out…Outer Planet Leads America Astray describes the current Sibly chart: transiting Neptune conjunct the Moon and the progressed Moon conjunct natal and progressed Neptune. He lists the eight times, beginning in 1791-92 ("The Bill of Rights. Chalk one up for the idealistic manifestation."), when the progressed Moon was connected to Neptune.
As another sample from this site, here's a very clear description (with great graphics) of the very intriguing vertex point, The Vertex: Crossroads of Destiny.
And, saving the best for last, in what seems to be a clear tribute to Jupiter and Uranus in Pisces, New Reality Transmission is a project that is organizing a global exercise: "On 11-11, 2010, one million people across the globe will mentally project a unified vision of a new paradigm for our species… a new reality." There's a splendid slideshow, check it out. Thanks to Tom Lescher for pointing this out in his newsletter. (I love this kind of thing.)
May our destinies all converge in the most auspicious ways.
Have fun, everybody, and have a good week. Thanks for coming by.
P.S. The new Dec/Jan issue of TMA — with a detailed 2011 forecast by Stephanie Austin— is in the mail to subscribers. It's not too late to subscribe or get a gift subscription for someone you love.
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Good Monday to all
By Mary Plumb | October 11, 2010
Good Sagittarius Moon Monday, one and all.
I'm listing some of the many lively and informative astrological blogs out there. Some of these sites are hugely popular and some are kind of tucked away; some I've listed before, and some I've just found.
Robert Wilkerson's New Moon in Libra – What's Happening October and November 2010, at Aquarius Papers, looks at the month's aspects in the context of long-term cycles.
For those TMA readers who haven't discovered the prolific and warm-hearted Elsa Panizzon, she edits AstroDispatch, a popular site that keeps up to date with many astro sites. She also has her own blog, ElsaElsa.com, where she teaches some warm and wise astrology.
Dharmaruci's AstroTableTalk has an entry called Jung's Psychological Types and the Astrological Elements. Among his thoughts: "But if you're going to write a blog, it helps to be an introverted thinking type!"
Marjorie Orr has another big site that is a bit complicated to navigate. Here are some good starting points: This page is a forum with frequent entries and ongoing discussions on mundane astrology and world affairs. (The site is based in the U.K. and has an international scope.) Heavenly Headlines looks at key themes for October and November.
The Astrology Room is another large and busy site, housing the work of four astrologers. Here's a nice look at Venus Retrograde, by Jane Lyle, as an entry point into the site. (One thing she says: "If you've fallen out with someone, this could be the perfect time to kiss and make up. You reassess the friendship or love affair, and you think – I miss that person. Life's too short.")
Sasstrology: The Astrology of Sex, Love and Relationships is another very popular site that some of you may not have found yet. There are many writers on the site. Eric Francis's The Venus-Mars Conjunction in Scorpio and Gender Experimentation is one of the features this month.
Mundane astrologer David Crook's Stellar Insights has a new article with the ACG maps for the Venus station. He also wrote on the Eco-Disaster in Hungary, where toxic sludge has engulfed several towns. (Check out David's lovely slideshow on the lower left of any of his pages.)
Engaged Heart is a beautifully designed site with has a great section, The Art & Science of Astrology Podcast Series. There are 55 interviews with astrologers who spoke at NORWAC (Northwest Astrological Conference) in May 2009 and 2010. You can hear Darby Costello introduce her thinking on Venus, Adam Gainsburg describing his work with the Venus and Mars synodic cycles, Alan Oken on Astrology and Consciousness, and many more.
Amanda Owen has a nice article on Neptune, When Your Giving Drains Instead of Empowers You. (As my son said to me not long ago, "Mom, 'no' is a word.")
Brightstarlights is a blog on Astrology, Fashion, and Pop Culture. There is an entry on The Brangelina Brood: "The sun sign of 5 out of the 6 children are one of the Sun/Moon/rising signs of their parents!"
Starstruck Astrology is by Michelle Piller. I just found this site, but it looks like she writes everyday on The Daily Planets. Her approach is in the site's subtitle: "If you are here, you know that a shift in consciousness is circling the globe. People around the world are trying to speak the same language. It's the language of a spirituality that transcends any one religion or culture – a simultaneous revolution and evolution."
Mundane astrologer and prolific writer Nancy Sommers's newest blog, Some Sketchy Election Predictions, is on the congressional races. Since she doesn't have timed data for most of the people, she writes: "I will go out on a limb and tell you what indications I can glean from the information I do have." (Once on the site, click on Nancy's Blog on the left)
An earlier entry, Election Musings, considers the mood of the country and President Obama's chart. Nancy has many commentators and followers. If you're interested in politics and haven't found her work yet, head over there and enjoy her astrological expertise and the comments of many like-minded friends.
And, for some great fun, astrologer Debra Silverman has videos on each of the signs, in which she seems to be channeling the essence of the personality of each sign. Silverman is a therapist as well and has very keen understanding of the zodiacal archetypes. Look to the top of the page where the signs are in a horizontal line – click on any one and enjoy!
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Summertime 2010
By Mary Plumb | August 16, 2010
Greetings one and all to another rousing week of summer 2010. It's a fine week for the intrepid heavy weights, with Jupiter retrograde exactly opposite Saturn the day this is posted, and the last (in this cycle) square between the ever-loving Saturn and Pluto on the 21st.
Other sky signals happening now include Mercury stationing retrograde, Venus conjunct Mars, and Neptune opposing the Sun — all on the 20th. Uranus has also just moved back into Pisces, and the Sun enters Virgo on the 22nd.
I'm just going to offer a few thoughts about Jupiter and Saturn, then link to several astute bloggers on some of the week's other topics.
My friend sent me a link yesterday to a New Dimensions radio interview, Preparing for Global Change, with a gentleman named Marshall Vian Summers. I thought his ideas were curiously in sync with the current Jupiter-Saturn opposition.
He spoke of the importance of really looking at your situation and noticing what is bothering you. He called this "appropriate discomfort," which I thought a good image for the opposition. Summers spoke of stability and strength to weather change and the resiliency to absorb crisis. He also has an interesting idea on the "four pillars" that will bring balance into your life; though not exactly parallel, they do resonate with the four angles in the horoscope. (If you're interested, you can listen to the interview for free until August 18.)
As astrologers we know that the opposition (180º) symbolizes the ability to contain paradox; it offers the gift of maximum objectivity. In this particular planetary pair, we could say it is the maximum tension between feeling remorseful and incomplete and feeling open and generous; between accepting reality as it is apparent right now and recognizing what is blossoming from this very moment.
In the Greek telling of the tale, Zeus (Jupiter) deposed Kronos (Saturn) as ruler and liberated his father's imprisoned brothers, Poseidon (Neptune) and Hades (Pluto). Zeus escaped the fate of being swallowed and was rewarded with thunder and lightning. Zeus was gifted with the magnificence of thunder and lightning and became the God of the Sky; this story hints at the possibilities in our own Jupiter experience.
This opposition is the culmination of the conjunction of the two planets in May 2000 at 23º Taurus. (If you're feeling brave, look back to that time and see if you remember how much money you had then.)
Today's aspect is at 2º27′ Aries/Libra. This is the middle of three opposition aspects in this cycle. It was previously exact on May 22, 2010 at 28º Pisces/Virgo and will be complete on March 28, 2011 at 14º Libra (at the U.S. Sibly 10th-house Saturn return, but that's another subject).
People born in 1930-1931, 1951-1952, 1969-70 and 1989-1991 have the Jupiter-Saturn opposition in the natal chart. I am living in close quarters now with someone born with the aspect. I have been marveling these past few weeks at how much steadiness this person displays. There is the familiar tendency for emotional pulls — way up and way down, elation and despair, shall we say — but as the opposition has come upon us, I can feel a tremendous resiliency and firm resolve.
He actually said to me last night, "I am learning if I just wait, good news will come." Saturn, of course, implies waiting, and we can think of Jupiter bringing an expansion or release — a version of thunder and lightning when tension between the two forces is held.
My dear friend, Graca Medeiros, a very gifted Brazilian astrologer, spoke once about the absolute bull's-eye-on-the-target of the energy lining up precisely at an opposition. I'll never forget her saying, in her always passionate and melodic voice: "I love the opposition."
Just in case some of you haven't discovered Rob Brezsny's Free Will Astrology, he will always keep you open to the thunder and lightning on the horizon.
Rob Tillett has a thorough article on the upcoming Mercury Retrograde. He includes the Fixed Stars that are involved at the station and the Venus-Mars conjunction on the same day.
Astrologer Elizabeth Jones has an uplifting look at Uranus Re-enters Pisces ~ with Gifts in Hand? at her site.
Michael Lutin's Daily Fix includes, "What an odd week this is going to be," "The Mel Gibson effect" and a short video straight from Saturn-Pluto.
Boots Hart looks at current aspects in Celestial Edge Play; she calls Jupiter opposition Saturn "a new high in lows and a new low in highs."
TMA frequent contributor Jessica Murray always has insightful commentary. Her new article, The Law of the Cure, is on WikiLeaks and the War in Afghanistan.
Jupiter-Saturn cycles are tied, of course, to large economic cycles. Three sites to inform you about current money matters are:
Richard Nolle's AstroPro, Ray Merriman's Merriman's Market Analyst, and Arch Crawford's Crawford Perspectives.
Have a good week, everyone. See you on the other side of Jupiter opposite Saturn and Saturn square Pluto. May all of our resources, visible and invisible, support us in becoming impeccable, flexible, steady, and trusting in all ways.
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Wonderful Astrology Blogs
By Mary Plumb | July 19, 2010
Here we go, another week in the eventful summer of 2010. I was roused by the symbolism of the earthquake in Washington on Friday morning, (1) and kind of disappointed when Mr. Obama said he didn't feel it. (2) The President was within hours of a Mars return (i.e., his natal Mars at 22º35' Virgo), so maybe this is just a display of an understated Mars in Virgo.
Theodore White's Global Astrology has a long, easy-to-read entry giving a synopsis of many of the key events keeping us alert in these interesting times, e.g., UFO's in China, the real estate market, and climate change. He also includes mention of an increase in "a new social etiquette ahead" as Saturn enters Libra.
Willow's Web Astrology writes on Post-Eclipse Emotional Backdrop Transformations and What the Crab Can No Longer Deny. She ends her provocative post: "Accepting this mess is not easy – especially for those who have worked their entire lives to try to head this off. We didn't. We couldn't. And now we have to remember Plan B. We have to remember why we agreed to be here for this, what our end of the deal is. And complete it."
Astro-Talk has a nice entry on Saturn's ingress into Libra, Virgo to Libra: "Perfecting Me to Deal With We." She asks a timeless and clear question from the cusp between these two signs: "If we can't take care of ourselves, be healthy, and manage our energy and time, how can we possibly have healthy and happy relationships?"
Chiron's ingress into Pisces coincided with the Deepwater explosion and ongoing disaster in the ocean. This week, Chiron retrogrades back into Aquarius until February 2011. Jeremy Neal has a thoughtful article on the essence of the archetype, Beware the Wild Centaur. He writes: "Chiron of course could not have become so universally respected as an astrologer, healer, and mentor if he had not first recognised his animal nature and then honoured and assimilated it consciously. If you understand that such a process is possible, then you are on your way to a Chirotic shift in consciousness."
The prolific writer and excellent astrologer Robert Wilkinson offers a list of links to many articles he has written in the past few years about this summer's aspects: Astrology in July, August, and September 2010 – Articles of Current and Future Importance.
Carole Devine writes about Alcoholism and Mel Gibson on her blog this week. Although others have commented on his natal Moon at 0º Libra — on quite spectacular display now — Carole demonstrates a lot of other astrological techniques (i.e., transits, solar arc, and secondary progressions). Among many interesting findings:
"Secondary progressed Mars is at the midpoint between natal Saturn and Mercury, all 29 degrees. Mars will be exactly there in less than two months, but it is so close, he can feel it now. The Combination of Stellar Influences says of this, 'Incompatibility, unrest, the desire to quarrel. The tendency to treat others badly, separations caused by disputes and arguments, the tendency to bring about a separation by force, a change through force of circumstances.' "
(Gibson's natal Mercury-Saturn midpoint is 29º14' Sagittarius; his secondary progressed Mars is at 29º05' Sag.)
Frederick Woodruff's The Gulf Holocaust: An Alchemical Sublimatio begins an eloquent exploration of the oil disaster with an illustration from a 16th-century alchemist. He addresses the question, "What stage within alchemy's many elaborate processes is this one?" with elegance, grace, and a hope of ultimate redemption.
(1) June 16, 2010; 5:04 a.m.; Rockville, MD 38N54, 77W09.
(2) AP News
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Astrology Blogs
By Mary Plumb | May 31, 2010
TMA sends all good wishes for a safe and happy week to everyone.
Mundane astrologer Theodore White offers a survey of world events since Uranus enters Aries. Among his observations – two volcanoes, aid flotillas trying to get to Gaza, violence in the streets in Jamaica, and the mosque attack in Pakistan.
White's earlier blog, Astrology Guide for 2010 , is a fine overview. I've linked to it before, but it deserves a second look.
Astrologer Robert Phoenix looks at the horoscope for BP CEO Tony Hayward.
Nancy Sommers's Starlight News Blog has another of her finely-tuned assessments of the President's horoscope. It's titled "Pressure on the President" and includes such points as Obama's current solar arc Saturn quincunx to the natal Sun and progressed Mercury square natal Saturn.
Pat Paquette's blog is Uranus in Aries: Acting to Change the World. She writes, "Uranus in Aries now asks, 'so what are you going to do about it?' "
Archie Dunlop makes a connection between Uranus in Aries (ruling the head) and the mounting evidence suggesting that cell phone use is not entirely benign.
If world events are getting you down, Esoteric Uranus looks at the metaphysics of the tilted planet as described by Alice Bailey.
Boots Hart has a long article called Uranus in Aries: Never the Same Old Thing which looks at the asteroids and fixed stars in the discovery chart, as well as its previous transits in the sign. (Remember the California Gold Rush, anyone?)
In Uranus in Aries: Radical Reinvention Barry Perlman offers thoughts on how we can "courageously hit the newly-shifted ground running, with fights for both survival and self-satisfaction burning hot in our bellies, and do whatever it takes to reinvent ourselves, making up the rules to this never-before-played game as we go along."
It's not too late in the season to get your hands in the earth: Here's a nice site for Gardening by the Moon tips and an introduction to Rudolf Steiner's biodynamic gardening (and why the sidereal Moon sign is recommended). Both sites offer calendars for sale, along with lots of good free information.
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Reports from Around the Astrology Blogs
By Mary Plumb | April 19, 2010
So much happens in a week . . . It's time again for a collection of astro-bloggers covering life from lots of angles: Sunday's Mercury retrograde, Chiron's ingress into Pisces, the volcanic ash in Europe, the summer's aspects, speculations on the afterlife, and more.
Donna Cunningham's Enough with the Mercury Retrograde Hysteria! is funny and makes some subtle points about the different qualities of Mercury's retrograde period. (This Mercury retrograde is accompanied by a square to Mars in Leo.)
Nancy Sommers looks at global events in Mercury Languishes on her political site, Nancy's Starlight News Blog: Connecting the Dots in World Affairs.
Chiron in Pisces – Water Over Rocks, by Mandi Lockley, offers a gentle view of today's ingress. The author writes, "like Chiron we can eventually learn how to use the knowledge we learn from carrying our own pain to help others to carry their own."
John and Susan Townley's site, AstroCocktail, has lots of articles, including Waterloo??!!, a synopsis of the current planetary patterns. April, he writes is "the wide-open field with plenty of running room, a full gallop in any direction into a final fray that, whichever choice you make, is just a part of the bigger picture reflected across the entire landscape — personal, political, economical, and even spiritual."
AstroCocktail has a great service in providing links to astrologically relevant stories in the media. I found this NPR story there: a musical animation where you can "listen to the proportional relative tones of the planets, the music of the spheres."
U.K. astrologer Dharmaruci's new blog is Gaia, the End of the World, and Jung. He speculates on climate change and looks at the astrological signatures for James Lovelock, creator of the Gaia hypothesis, and the horoscope of Carl Jung. Jung felt that his experience working with old people "had shown him that the Unconscious behaves as though life is going to continue."
Ali Mostofi Bracknell has a short look at the upcoming UK 2010 Election Horoscope on his Astrology of Current Affairs blog.
Lara Owen continues her work on the Saturn-Uranus oppositions with a look at the last two (of five) oppositions, i.e., on April 26 and July 26. "Look for the underlying goodness and relief in letting go rather than in dramatizing and clinging. Trust the life force and the forward movement of your life."
In her blog, Writing from the Twelfth House, Anne Whitaker (author of the recent Jupiter Meets Uranus: From Erotic Bathing to Stargazing) reports on changed travel plans due to the volcanic ash: The summer of disruption starts here: Jupiter and Uranus team up!
Astrological transits blog has a collection of easy-to-read articles summarizing economic and global trends with key upcoming dates to watch for and lists of historical events connected to transits in the past. In a good summary of the approach herein, the anonymous blogger writes: "What we need is a big change of thinking!"
In case we've forgotten to laugh, celebrate National Humor Month at Random Funny Astrology Bits, complete with Twitter updates. My favorite (along with the touchy Cancer Moon sulking because it was eclipsed): If I told you I have Venus-square-Neptune, would you still respect me?)
On the subject of wisdom and laughter, Michael Lutin is in a class of his own. (I was delightedly reminded of this recently at the NCGR Conference in Boston.)
Enjoy, everyone, and have a good week!
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Current (and Useful) Astrology Blogs
By Mary Plumb | March 29, 2010
I don't mean to pick on the Catholic Church, but I can't help but notice that the Pope seems to be in big trouble. Born on April 16, 1927, Pope Benedict XVI has natal Uranus at 0°51′ Aries, square the nodal axis. (The North Node is at 0°09′ Cancer, directly on the infamous — and currently very "hot" — Aries Point.) This places Uranus "at the bending," that critical place where a planet squares the nodal axis. The native's ability to integrate the planet becomes a key theme in keeping the life on track. (Please go here for an explanation of planets "at the bending" from my previous article.)
(Midpoint watchers may also be interested to see that Pope Benedict has the natal Mars/Uranus midpoint at 15°09' Taurus, also on the Aries Point.)
The Astrology of Location and Pope Benedict XVI's Destiny at Vatican City, written by Scott Wolfram before the Pope's current troubles, looks at the Pope's A*C*G and local space connections to Vatican City.
Although I suggested the explosiveness of the immediate situation with the Uranus/Aries Point emphasis, Glastonbury astrologer Dharmaruci takes a longer, more nuanced view in his article, Popegate 2010-2015. (He includes the Pope's natal chart and solar return for 2014.)
Another big story is the Health Care Reform Bill, covered by Jamie Funk in his blog, Astrology of the U.S.A. Health Care Reform Bill. The author includes fixed stars, Lilith, and asteroids in his article. (This blog has been up for nearly a week, so there are some interesting comments along with Funk's assessment and great graphics.)
Over at the Political Astrology Blog, Patrick Watson takes a more streamlined approach in President Obama Signs Health Care Reform Bill Into Law.Watson emphasizes the many dignified planets in the signing chart. He also reconsiders a previous prediction that he made regarding passage of the Bill.
There is an extensive, ongoing astrologer's paradise happening at 2010 International Astrology Day Blogathon. This is a big collection of articles addressing The Cardinal T-Square of 2010: Saturn, Uranus, Pluto. Within its pages are various blogs organized under key themes, i.e., Uranus in Aries: Claiming a Self-Reliant Future; Look After Saturn and Saturn Will Look After You, and Pluto Problems Got You Perplexed? Here's What Helps. This is a fine collective effort. (Each section is co-coordinated by a different astrologer —TMA favorite Donna Cunningham has brought together 17 (so far!) articles on Pluto.)
On a more immediate note, here's a gentle look at today's Full Moon at 9°17' Libra.
Have a good week, everyone!
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Aquarius New Moon
By Mary Plumb | February 15, 2010
The New Moon in Aquarius was on Saturday, February 13 at 6:51 pm PST. I've considered some of the key themes of this lunation and am linking to some other writers, each with a distinct focus.
First of all, in honor of the stellium of Aquarius planets, particularly Chiron and Neptune conjunct the Sun and Moon, here's author Lynne McTaggart's website, The Intention Experiment, where you can "Join the Largest Mind Over Matter Experiment in History."
This page has podcasts with "her interviews with some of the world's most renowned frontier scientists" (i.e., Bruce Lipton and Rupert Sheldrake).
These ideas are pertinent now as cutting edge thinkers, scientists of consciousness, and mystics find they might really be talking about the same thing. It's a display of Aquarius on center stage and at its best.
A look at the headlines, however, can usually be gruesome. Mars has just opposed Mercury in the sky as he's still close to the earth and heading backwards in the zodiac. It's easy to see Mars in the news — both the tragic high speed accident before the Olympics opened and the U.S. launching a major offensive in Afghanistan, (in which twelve civilians were killed by an off-course rocket on the second day), are obvious displays of the violence and trouble Mars can bring.
Astrologer Richard Nolle has a thorough understanding of mundane events and planets' cycles. Check out his 2010 World Forecast Highlights; it's all relevant, of course, but I'm especially pointing now to his work on Mars.
This article is long; if you don't have time for the whole thing just yet, do scroll down about half way to the chart for the Sun-Mars opposition of January 29, 2010 and the moving graphic just below on the Synodic Cycle of Mars.
Of course, we give great thanks for the current Venus and Jupiter conjunction, exact on the 16th at 7° Pisces. (The last time the two benefics came together in this sign was in April 1998.)
Barry Perlman writes about "one of astrology's loveliest, luckiest, most inspiring and magically advantageous aspects" in his article, Intentions to Receive with Venus/Jupiter in Pisces.
Tom Lescher has a nice take on Jupiter in Pisces in his Forecast for February/March 2010 at his New Paradigm Astrology site.
One more subtle point with this lunation is the Black Moon Lilith. Both Black Moon Liliths (i.e., Mean and True) are now in Aquarius, very close to the New Moon. BML has also been traveling opposite retrograde Mars.
In case this is unfamiliar to you, here's a chart of the New Moon.
You'll see a glyph at 16°25' Aquarius (this is the True Lilith; the Mean is now at 15°05' Aquarius).
Marina Funk has a fine article, Black Moon Lilith Rising, where she demonstrates Lilith in the 1st house or Ascendant of some famous people's charts.
Tellingly, she divides her models into The Mystics, The Mesmerizing Artistes, and The Blackest of the Black.
Marina elaborates on Kelley Hunter's proposal that the longitude between the Mean and True positions can be considered the Black Moon "corridor."
Luckily perhaps, Black Moon Lilith is not everyone's cup of tea (she requires a stronger libation than that), nor does everyone have her prominently in the horoscope. If you're curious, do check out Kelley Hunter's seminal article, The Dark Goddess Lilith(TMA, April/May 1999) as well.
Have a good week everyone, and all you Metal Tigers, may it be your best year yet!
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It's Been a Long Week
By Mary Plumb | January 25, 2010
To paraphrase one non-astrological blogger I read a few days ago, it's been a long week.
Saturn is moving very slowly now, having crept up to 4°39' Libra on Wednesday, where it turned retrograde, and is squaring Pluto again at 4° Capricorn, exact on January 31.
Saturn is lead, the heaviest, most stable, and most inert metal. The houses in our personal natal chart with Capricorn and Aquarius on the cusps are the areas where we acquire strength slowly and deliberately. A relentless and scorchingly honest look at the matters of those houses, along with a steadfast determination to keep the farthest and most precious goals in mind, may be clues to keep us on course and responding with integrity to the demands at hand.
And for lightheartedness, let us thank the air signs. Today the Moon in Gemini trines the Sun-Venus in Aquarius and Saturn in Libra. The Moon will also sextile Mars and square Uranus before tomorrow night's trine to Neptune, the last aspect before changing signs. I hope this suggests that you will have time to enjoy these diverse commentators on current events!
Sky and Telescope magazine has a great column, This Week's Sky at a Glance. Go there for a map of the sky this week where you can easily see the upcoming Mars-Moon conjunction. If your skies are clear, it will be a beautiful night.
Alan Oken has a fine article on Haiti, including the country's Independence Day chart and the chart for the moment of the earthquake.
Claudia Dikinis writes about the earthquake in relationship to the solar eclipse at 25° Capricorn on January 15. She notes, among other succinct observations, the staggering symbolism of the Presidential palace in ruins.
David Crook includes the Saros cycle of the lunar eclipse that preceded the earthquake (i.e., on December 31), and the fixed star Algol, "the most malignant of stars," was on the Ascendant in Port-au-Prince at that eclipse.
Moses Siregar is a generous astrology teacher. He has an article on Saturn in Libra, Haiti, and Mars in Capricorn on his website. (The Haitian independence chart has Mars in Capricorn square Saturn in Libra.)
Maggie Kerr has a thorough article on Saturn in Libra, including mundane and personal considerations. She looks at Saturn's place in the transiting cardinal cross as well as suggestions for Saturn's transit in Libra for each of the signs. (Remember to read your rising sign if you know it.)
For a more personal view, here's a gentle look at Saturn in dignity in Venus's sign, Libra.
Jupiter moved into tropical Pisces on January 17. Jeff Jawer beautifully captures that quality in his blog, The Wisdom of Sadness.
If you can't get enough of Saturn, fortify yourself with Scott Whitters' wonderful article Melancholy: The Saturnine Temperament on Deb Houlding's site.
"With the melancholic temperament, there is an understanding of time, of preservation, and of the importance of the internal processes, not just the external displays."
All the very best to one and all.
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text:
LCS Mashup
- June 10, 2015
( 109)
League of Legends Championship Series ( LCS ) eSports information app.
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It crashes It crashes every time I use it...
great news part doesnt update for some reason halp
wins/loses in spoilerless mode hey! app is almost perfect but if would be essential to remove team wins/losses in the mode without spoilers. cuz it IS spoilers! especially in playoffs bo3 bo5. it heavily ruins whole spoilerlessness. even in regular season for people who watch everything and remember previous results. please address this and will there be update for upcoming promotional tournament(starts like 15.11 or smth)?
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* Livestream now uses YouTube application for better performance.


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You can easily search our directory for a physician or provider who best matches your healthcare needs. Using the search tool below, simply enter a first and/or last name, or search by specialty. You can also type in the first letter of the last and/or first name if you want to find a specific doctor but are unsure of the correct spelling.
You may also call our Community Information Line at 425.656.4636 (INFO) for more information.
For a description of medical specialties, click here.
6 matching results
Andrew Brockenbrough, MD received his bachelors from Stanford University, his medical degree from Vanderbilt University and his masters in Epidemiology from the University of Washington. He completed both his internal medicine residency and his nephrology fellowship at the University of Washington. In addition he completed a transplant nephrology fellowship at the University of Washington. He also completed a transplant fellowship at the University of Alabama. Dr. Brockenbrough is board certified in both Internal Medicine and Nephrology.
In his free time, Dr. Brockenbrough enjoys rhododendron gardening, playing the cello and spending time with his wife and three children.
Frank Fung, MD received his bachelors at Brown University and his medical degree at Case Western in Ohio. He completed his internal medicine residency and his nephrology fellowship at the University of Washington. Dr Fung is board certified in both Internal Medicine and Nephrology.
Dr Fung is the medical director of the Auburn Kidney Center. He enjoys traveling and spending time with his family.
Dr Fung is the recipient of the UW Cares Award which recognizes a provider who is considered to exemplify what it means to practice the UW Med Service Culture Guidelines where Patients Are First.
Her interests in nephrology include dialysis/end stage renal disease, excellent care of chronic kidney disease and all aspects of kidney transplantation. Dr. Oliver's philosophy of care includes focusing on lifestyle changes as well as medical therapy.
Outside of the office, Dr. Oliver enjoys traveling and spending time with her husband, their dog, and extended family. She enjoys running, cross training, and yoga.
Hien Pham, MD, received her bachelors and MD from the University of Washington. She completed both her residency, and nephrology fellowship at UW as well. She is board certified in internal medicine and nephrology. In addition, she is a board certified hypertension specialist.
Prior to joining Valley Medical Center's Nephrology Clinic, Dr. Pham worked at Harborview Medical Center. She was the medical director of the Harborview Hypertension Clinic from 2014-2016. She also worked as a Clinical Assistant Professor for the University of Washington from 2013-2016.
"I believe in patient-centered care. My goal is to provide the highest quality health care services to all of our patients with kidney disease. I enjoy working with patients from different cultures and traditions. I especially love to involve patients and families in making choices about their health care," says Dr. Pham.
Clinical Interests: end stage renal disease, hypertension, glomerulonephritis, diabetic kidney disease and chronic kidney disease.
Copyright 2012 Valley Medical Center. All rights reserved.


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Student engagement more complex, changeable than thought
A student who shows up on time for school and listens respectfully in class might appear fully engaged to outside observers, including teachers. But other measures of student engagement, including the student's emotional and cognitive involvement with the course material, may tell a different story -- one that could help teachers recognize students who are becoming less invested in their studies, according to a new study.
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Grape Cottage Sleeps 4 (2 Bedrooms)
The main bedroom has a double bed, and the 2nd bedroom has twin beds (note: these are 2'6" wide but suitable for all guests). A travel cot is available and a child's Z-bed on request, also child safety gates. The family bathroom has bath/shower over, washbasin and wc, electric shaver point and extractor fan. There is a modern beamed kitchen with ceramic hob, electric fan oven, fridge freezer, microwave and electric toaster, and a breakfast bar with stools. There is a washing machine, an ironingboard/iron, vacuum cleaner and barbecue tools in the rear lobby. Coal and wood for guests' use in autumn/winter is kept in the front porch. The beamed living room has sofas, dining table and chairs, Freeview digital TV, DVD player, stereo music centre for radio/CD/cassette tapes, and an open working fireplace. Books, maps and guidebooks/leaflets are provided and children's toys/puzzles.
Our 2 adjoining 19th century farmworkers' cottages are traditional in style and character, with exposed beams. Sitting rooms, kitchens and bathrooms are on the ground floor and double and twin bedrooms upstairs. Each cottage has its own garden at the rear and private parking space at the front. The cottages are in a row of 5 similar properties, in a quiet lane which is used only by these occupants, leading to a farm gate at one end and the road through the village, with large duckpond, at the other. There is a good pub/restaurant just minutes walk away in the village and the nearest general stores is 2 miles.
About the Owner
About Alyson Aronson
We are John and Alyson, with cats Fluffy and Meiko, and we have been visiting North Norfolk for many years. We are semi-retired and love having more time now to escape to Stanhoe, a pretty, traditional village with its lovely duckpond and farmland. We have a large family, now with their own children, who also stay at the cottages from time to time.
Alyson Aronson purchased this cottage in 2004
Why Alyson Aronson chose Kings Lynn & West Norfolk
We fell in love with North Norfolk for its beautiful countryside, beaches and tranquillity and we'd love you to share it too. Our traditional, beamed 19th century farmworkers cottages are set in a quiet lane ending at a gate to a field, so no traffic passes the front door, and far-reaching views over adjoining farmland add to the countryside peace and quiet. But we are not remote from enjoying the many facilities the area has to offer.
What makes this cottage unique
There are many villages to explore, nature trails to follow, and a whole coastal area of unspoilt sandy beaches -the nearest beach is just 10 mins drive through the country lanes. Add to that family attractions, stately homes and gardens, scenic walks, nature reserves all within close proximity, a log fire in the winter and a pub/restaurant 2 minutes walk away!
Available Rentals
0 Reviews
From the Owner
"We fell in love with North Norfolk for its beautiful countryside, beaches and tranquillity and we'd love you to share it too. Our traditional, beamed 19th century farmworkers cottages are set in a quiet lane ending at a gate to a field, so no traffic passes the front door, and far-reaching views over adjoining farmland add to the countryside peace and quiet. But we are not remote from enjoying the many facilities the area has to offer."
Activity and Interests
Special interest holidays:
We are close to the North Norfolk Coastal Path and the Pedders Way for walkers, and wildlife/birdwatching is excellent at the many reserves in easy reach.
Approx 10 minutes to nearest beach by car. Long, clean sandy beaches with sand-dunes. Nearest beach with activities for children approx 8 miles
Car essential, local buses infrequent.
Nearest railway station Kings Lynn approx 30 minutes drive
Nearest airport Stansted approx 2 hours drive
Village has good restaurant/pub with free wi-fi, other nearby villages all have pubs and/or restaurants. Next village (2 miles) has fish and chip shop.
Several stately homes/gardens within 1 hour drive
Several nature/bird reserves within 30 minutes drive
The area has many interesting churches, mills and other buildings of note.
Further Details:
Nearest restaurant/pub 2 minutes walk *free wi-fi*
Nearest town Fakenham, 9 miles, with banks, supermarkets etc.
Nearest general stores 2 miles
Nearest petrol and local shops 3 miles.
Cycle hire in summer 3 miles.
Prices and Availability
Rental rates
Additional pricing information
|No additional mandatory fees
Changeover day: Saturday
Booking Notes:
Booking is by email/telephone, £50 non-refundable deposit with booking form, balance payable 4 weeks before arrival. Full payment due immediately for bookings less than 6 weeks before arrival. Final details sent on clearance of balance. Cheques/BACS transfers acceptable, credit cards not taken. Charges for pets, and towels(Grape Cottage only) must be added to final balance.
Changeover Day:
Changeover day Saturday. Arrival 4pm by arrangement, departure by 10am.
Short midweek breaks/long weekends available low season only. Open all year
Christmas/New Year by arrangement
Notes on prices:
Midweek breaks/long weekends available October-midMarch. Christmas/New Year by arrangement. Dog £25 per week (2nd and subsequent dogs £10 each per week), other pets by arrangement. Towel hire (Grape Cottage only) £15 per set (bath and hand towel) per week. For guests staying more than 1 week, midstay clean/linen change included. Charges for pets or towels are additional to rental prices and must be added to rental price where applicable.
Non-returnable deposit £50 per week booked with booking form, balance payable 4 weeks before arrival, Total amount payable with booking form if less than 6 weeks to arrival. Payments by Cheques/BACS , credit/debit cards not taken. No refunds made for cancellation BY GUESTS after final balance is paid - guests are strongly advised to take out full insurance to cover cancellations for any reasons
- 12
- Available arrival
- 12
- Available
- 12
- Unavailable
From the Owner
"There are many villages to explore, nature trails to follow, and a whole coastal area of unspoilt sandy beaches -the nearest beach is just 10 mins drive through the country lanes. Add to that family attractions, stately homes and gardens, scenic walks, nature reserves all within close proximity, a log fire in the winter and a pub/restaurant 2 minutes walk away!"
Property Type
- cottage
- Away From It All
- Family
- Romantic
- Fireplace ...
- Hair Dryer
- Heating ...
- Iron & Board
- Linens Provided ...
- Parking ...
- Towels Provided ...
- Washing Machine ...
- Coffee Maker ...
- Dishes & Utensils ...
- Kitchen ...
- Microwave ...
- Oven ...
- Refrigerator ...
- Hob ...
- Toaster ...
- Dining ...
- Dining Area
- Books ...
- DVD Player ...
- Games ...
- Stereo ...
- Television ...
- Toys ...
- children welcome ...
- non smoking only ...
- pets considered ...
- wheelchair inaccessible
Location Type
- near the sea
- rural
- village
- autumn foliage
- bay
- churches
- museums
- playground
- pond
- restaurants
Leisure Activities
- beachcombing
- bird watching
- scenic drives
- sight seeing
- walking
Local Services & Businesses
- ATM/bank
- groceries
- medical services
Sports & Adventure Activities
- cycling
- fishing
- golf
- hiking
- bay fishing
- swimming
- Bathroom 1 - Toilet, Bath with Shower
- Full size bath with shower over, washbasin and toilet
- 2 Bedrooms, Sleeps 4
- Bedroom 1 - 1 Cot
- Bedroom 2
- Bedroom 1 has a double bed, bedroom 2 has twin beds (2'6" wide but full length for use by all guests. Travel cot and Z-bed available on request.
- Golf ...
- Garden ...
- Barbecue ...
- Self-catering
Learn more about this holiday rental at the owner's website
- Notes on accommodation: Vine Cottage: Bed 2 leads off Bed 1 Grape Cottage: Twin beds are 2'6" wide but full length and suitable for all guests. Well behaved dogs welcome but downstairs only. Smoking prohibited anywhere on the premises. Outside: Each cottage has a garden with furniture and a small barbecue.


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17 CFR 239.90 - Form 1-A, offering statement under Regulation A.
Beta! The text on the eCFR tab represents the unofficial eCFR text at ecfr.gov.
§ 239.90 Form 1-A, offering statement under Regulation A.
This form shall be used for filing under Regulation A (§§ 230.251-230.263 of this chapter).
[57 FR 36476, Aug. 13, 1992]
Editorial Note:
For Federal Register citations affecting Form 1-A, see the List of CFR Sections Affected, which appears in the Finding Aids section of the printed volume and at www.fdsys.gov.
Title 17 published on 2015-04-01
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 17 CFR Part 239 after this date.
The section you are viewing is cited by the following CFR sections.


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