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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew how the recent debt ceiling debacle would morph into a fluidic protest pulsating across the nation? People are mad and they also really aren't planning to take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people across the nation 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 into a presence of 800 for the Brooklyn Bridge, about 50 % of of whom were arrested. Solidarity protests spread to Boston, to Chicago, Denver, San Francisco, Los Angeles, and several 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 plan to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept on the pedestrian walkways, but police opened the barriers involving the walkways as well as the roadway, and packed protestors spilled into the roadway, the place that the arrests occurred. The protest has not been launched in New York even though it plays where you can Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators a few weeks ago eliminated a tax on millionaires, letting them keep yet another $408 per week, typically. TWU workers, themselves individuals the shrinking middle class, share the same outrage as other citizens frustrated by this additional tax inequity. While just a couple TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their a higher level participation ratchets upward because the protest expands. Celebrities have added their voices, and likely that other trade groups, unions and citizen groups will observe suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout this country watched in horrified amazement and disbelief come early july as politicians wrangled for a while over whether to raise the debt ceiling. What most of them came to understand was which our politicians were fighting over over the raising from the debt ceiling, that is done more often than not before. The big issue was that the Republican-held Congress was while using the occasion as a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, should your personal finances ask you to pay any taxes whatsoever at year's end, you're paying greater than huge corporations like General Electric. The last time how the nation's wealthiest citizens locked down a great deal of our wealth was in 1929'right up to they crashed in to 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 gains of World War II productivity that allowed the world to pull itself up by its bootstraps. The Democrats' New Deal served as being a sort of new-era covenant'a promise'how the government would never let a depression happen again. Wealthy Americans are set stubbornly against paying any longer taxes, however. The day after the arrests, the top of Black Entertainment Television (BET) told Candy Crowley on CNN that he was certainly one of ten children who was raised in his family, the first to go to college, anf the husband doesn't think he should have to pay any further taxes compared to the average guy. According to Sachs, the economy stumbled with all the expansion of globalism inside Seventies, so when Reagan took over inside Eighties, his idea ended up being slash taxes on corporations and the wealthy in lieu of seek methods to compete in the global marketplace. While the world's beloved citizens enjoyed investment growth during those years, they still did not create the newest jobs that Reagan had promised his plan will bring. Instead of letting their accrued capital gains trickle down to the common man, crony capitalists just protected one another's interests and bought bigger yachts. I worked to have an orthopedic surgeon in 1986, and I was there when his wife told him their tax bracket had dropped from fifty percent to 38 percent. 'Oh, that's good,' he explained, and the doctor with his fantastic wife'plus their kids and parents'took a two-week vacation to Hawaii, a trip they repeated annually throughout the years I worked on their behalf. We didn't get raises. It wasn't until Bill Clinton took within the White House within the Nineties that tax increases on the wealthy as well as about the middle class brought our national debt in order, as well as the individuals who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over within the new millennium, school was out. The richest again got the regulations they demanded, and entitlement programs were cut in order that Bush could fund his war'a revenge for his father'against Iraq. And how did things go for the common man? Early in the new millennium my husband stumbled on me with all the idea of selling the house and buying the one that cost around three times all the. 'We can not afford that,' I told him. 'The bank says we are able to,' he insisted'he had already taken steps being preapproved. Although I refused to sign around the dotted line, a number of other people lined up 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 per year. Why would someone in charge of a government-sponsored enterprise haul in such a huge salary? But the largesse spread beyond those boundaries. Education and healthcare, both with costs rising out of control, were hit hard. The last president of Youngstown State University'a place where jobs have grown to be scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements inside a complicated salary package, earning an undeterminable amount with his entertainment account alone at $35,000 annually. Blue Shield's CEO Bruce Bodaken, according to Duke Helfand within the Los Angeles Times, earned $4.6 000 0000 last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million each year, and he does nothing but fuel the hatred involving the Republicans along with the Democrats. What few individuals realize is that today's Republican Party bears very little resemblance for the Republican Party in our grandfathers. The Tea Party legislators have splintered the party, and so they've taken an unrelenting stance against tax increases. In the meantime, no tasks are being created and monetary instability is quickly becoming a global issue. According to Rana Foroohar in Time's A New Era of Volatility, countries like China and Brazil are succumbing towards the woes incipient in the booming economy: People are more and more materialistic, and so they are demanding higher wages. There is more pressure to function with environmental care. I used to worry about planning to war with China's vast and well-oiled military machinery, however, if the world's financial woes continue within this same direction, China can have its hands full caring for itself. That's why folks are frustrated. Obamacare won't reduce healthcare costs. The plan how the Clintons proposed inside the Nineties or Hillary Clinton's proposal during her failed presidential campaign, there is little change reform healthcare if corporate heads of health insurance organizations, pharmaceutical companies and healthcare providers vanish with such excessive salaries. According to Time's How We Spent, a sidebar to Sach's article, healthcare took 3 percent individuals personal household budgets in 1950. Today it requires 16 percent. Amounts in our personal finances designed for food and housing have dropped by 15 percent and 7 percent respectively. People are desperate, and legislators aren't getting it ' having to buy shoes for youngsters, feed kids, or pay tuition or a mortgage is hard these days. The government is out of touch. There's more: Another Time sidebar lets us know that sales at retailers like Tiffany & Co. or designer stores like Ralph Lauren where the wealthy shop are up 30 and 33 percent respectively. Spending in stores where the middle class shop, such as Target and Kohl's, are up just 5 and 4 %. Money that previously went to middle class retailers is likely to dollar stores, with increases of 11 to 16 percent over the last year. In the meantime, the catch is money concentrated in corporate wealth. The corporations outsource work overseas and also the wealth earned stays over there. The right-wing media are not able to publicize it since they buy into it. In addition, government entities's humane programs have been stripped to feed the huge military machine. So, perhaps spurred by the rabid interference of maybe altruistic however inept Tea Party legislators, we are for the verge of an actual tea party, the likes of which we haven't seen since Boston Harbor in 1773. We bailed financial institutions out with taxpayer money 36 months ago, but they aren't doing everything to help those who need loans or those who are losing their properties. Now folks are determined to cut money beyond corporate bank accounts and 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 inside the 1976 movie Network, individuals are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations from the Sixties. According to Joe Klein's Stuck inside Middle, also in Time, it looks like there's no other way except organized protests to find the attention of the people who will be doing the political posturing in Washington. Average guys will be ready to quit sitting on the sidelines to make headlines'whatever it will take to make the politicians see how desperate these are. As the protests spread, the movement has been called Occupy Together. What will happen next? Are there protestors inside your region? The opinions expressed allow me to share mine and not 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 get a frank, valid dialog visiting this site. What's going on within your area, and what do you think about it? |