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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew how the recent debt ceiling debacle would morph right into a fluidic protest pulsating nationwide? People are mad and they really aren't gonna take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people in the united states join the demonstration. Were you aware that the liberals who banded together as Occupy Wall Street planned a sit-in'a peaceful protest'against Wall Street, set for September 17 at noon? What began which has a small group of unorganized citizens blossomed on October 1 in to a presence of 800 around the Brooklyn Bridge, about 50 % of of whom were arrested. Solidarity protests spread to Boston, to Chicago, Denver, San Francisco, Los Angeles, and many other places. According to New York City's Transit Workers Union president John Samuelson on Current Media's Countdown with Keith Olberman, TWU's 38,000 members intend to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept to the pedestrian walkways, but police opened the barriers between the walkways along with the roadway, and packed protestors spilled to the roadway, in which the arrests occurred. The protest has not been launched in New York even though it plays home to Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators recently eliminated a tax on millionaires, permitting them to keep one more $408 a week, typically. TWU workers, themselves folks the shrinking middle class, share the same outrage as other citizens aggravated while this additional tax inequity. While just a couple TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their amount of participation ratchets upward as the protest expands. Celebrities have added their voices, and it is likely that other trade groups, unions and citizen groups follows suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout the united states watched in horrified amazement and disbelief come july 1st as politicians wrangled for a while over whether to raise the debt ceiling. What some of them came to understand was our politicians were fighting over over the raising from the debt ceiling, that has been done often times before. The big issue was that this Republican-held Congress was while using occasion like a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, in case your personal finances need you to pay any taxes whatsoever at year's end, you're paying more than huge corporations like General Electric. The last time that the nation's wealthiest citizens locked down so much of our wealth was at 1929'right up until they crashed into the Big Depression. According to Time Magazine's Why America Must Revive Its Middle Class by Jeffrey D. Sachs, the decades leading up towards the depression were molded by right-wing politicians, plus it was only the earnings of World War II productivity that allowed the united states to pull itself up by its bootstraps. The Democrats' New Deal served like a sort of new-era covenant'a promise'that this government wouldn't let a depression happen again. Wealthy Americans are set stubbornly against paying any longer taxes, however. The day following your arrests, the pinnacle of Black Entertainment Television (BET) told Candy Crowley on CNN that they was certainly one of ten children who spent my childhood years in his family, the first one to go to college, and the man doesn't think he needs to have to pay any more taxes than the average guy. According to Sachs, the economy stumbled with the expansion of globalism within the Seventies, and when Reagan took over in the Eighties, his idea would have been to slash taxes on corporations as well as the wealthy as opposed to seek solutions to compete inside a global marketplace. While the nation's most comfortable citizens enjoyed investment growth during those years, they failed to create the modern jobs that Reagan had promised his plan will bring. Instead of letting their accrued capital gains trickle down towards the common man, crony capitalists just protected one another's interests and bought bigger yachts. I worked for an orthopedic surgeon in 1986, and I was there when his wife told him their tax bracket had dropped from 50 % to 38 percent. 'Oh, that's good,' he was quoted saying, along with the doctor and the wife'plus their kids and parents'took a two-week a vacation to Hawaii, a trip they repeated annually through the years I worked for them. We didn't get raises. It wasn't until Bill Clinton took in the White House inside the Nineties that tax increases for the wealthy as well as for the middle class brought our national debt in check, and in many cases the people that hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside new millennium, school was out. The richest yet again got the regulations they demanded, and entitlement programs were cut so that Bush could fund his war'a revenge for his father'against Iraq. And how did things go for the common man? Early inside new millennium my husband stumbled on me with the idea of selling our home and buying one which cost three times the maximum amount of. 'We can't afford that,' I told him. 'The bank says we are able to,' he insisted'he had already taken steps to be preapproved. Although I refused to sign on the dotted line, a great many other people aligned for these magnanimous and ultimately toxic loans. As the real estate bubble burst, shocking statistics located light: The two men who ran Fannie Mae and Freddie Mac each earned between $14 and $15 million dollars a year. Why would someone accountable for a government-sponsored enterprise haul in this particular huge salary? But the largesse spread beyond those boundaries. Education and healthcare, both with costs rising uncontrollable, were hit hard. The last president of Youngstown State University'a place where jobs are getting to be scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements inside a complicated salary package, earning an undeterminable amount regarding his entertainment account alone at $35,000 a year. Blue Shield's CEO Bruce Bodaken, according to Duke Helfand inside Los Angeles Times, earned $4.six million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million a year, and that he does just fuel the hatred involving the Republicans and also the Democrats. What people realize is the fact that today's Republican Party bears very little resemblance towards the Republican Party individuals grandfathers. The Tea Party legislators have splintered the party, plus they've taken an unrelenting stance against tax increases. In the meantime, no effort is being created and monetary instability is fast becoming a global issue. According to Rana Foroohar in Time's A New Era of Volatility, countries like China and Brazil are succumbing for the woes incipient in a very booming economy: People are becoming more materialistic, and they also are demanding higher wages. There is more pressure to function with environmental care. I used to worry about gonna war with China's vast and well-oiled military machinery, but if the world's financial woes continue on this same direction, China can have its hands full taking good care of itself. That's why folks are frustrated. Obamacare won't reduce healthcare costs. The plan how the Clintons proposed in the Nineties or Hillary Clinton's proposal during her failed presidential campaign, there is little reform healthcare if corporate heads of medical health insurance organizations, pharmaceutical companies and healthcare providers walk away with such excessive salaries. According to Time's How We Spent, a sidebar to Sach's article, healthcare took 3 percent of our personal household budgets in 1950. Today it will take 16 percent. Amounts of our own personal finances available for food and housing have dropped by fifteen percent and 7 percent respectively. People are desperate, and legislators aren't getting it ' having to buy shoes for kids, feed kids, or pay tuition or a mortgage is tough these days. The government is out of touch. There's more: Another Time sidebar informs us that sales at retailers like Tiffany & Co. or designer stores like Ralph Lauren in which the wealthy shop are up 30 and 33 percent respectively. Spending in stores the place that the middle class shop, like Target and Kohl's, are up just 5 and 4 %. Money that previously went along to middle class retailers is gonna dollar stores, with increases of 11 to 16 percent within the last year. In the meantime, the issue is money concentrated in corporate wealth. The corporations outsource work overseas and the wealth earned stays over there. The right-wing media neglect to publicize it given that they buy into it. In addition, the government's humane programs are actually stripped to give the huge military machine. So, perhaps spurred by the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are about the verge of an actual tea party, companies which we've not seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money 36 months ago, however they aren't doing almost anything to help people who need loans or those who are losing their houses. Now people are determined to cut money away from corporate bank accounts along with the government's military machine, decrease political spending, and allocate it toward humane and environmental needs, healthcare, job creation, food and peace initiatives. Like the angry news anchor within the 1976 movie Network, folks are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations from the Sixties. According to Joe Klein's Stuck in the Middle, also in Time, it appears as if there's no other way except organized protests to obtain the attention in the people who're doing the political posturing in Washington. Average guys are ready to quit sitting around the sidelines and earn headlines'whatever it will take to make the politicians observe desperate they may be. As the protests spread, the movement will be called Occupy Together. What will happen next? Are there protestors within your region? The opinions expressed listed here are mine rather than necessarily Bright Hub's'that's why they're printed under my name. So I'm asking you to use the comments section below to secure a frank, valid dialog visiting this site. What's going on with your area, and what is your opinion about it? |