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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 nationally? People are mad plus they really aren't likely to take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people across the country join the demonstration. Were you aware 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 with a small group of unorganized citizens blossomed on October 1 in a presence of 800 on the Brooklyn Bridge, about half of whom were arrested. Solidarity protests spread to Boston, to Chicago, Denver, San Francisco, Los Angeles, and lots of 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 prefer to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept to the pedestrian walkways, but police opened the barriers involving the walkways along with the roadway, and packed protestors spilled in the roadway, the location where the arrests happened. The protest had not been launched in New York simply because it plays the place to find Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators recently eliminated a tax on millionaires, permitting them to keep an additional $408 weekly, typically. TWU workers, themselves folks the shrinking middle class, share the identical outrage as other citizens aggravated by this additional tax inequity. While just a few TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their degree of participation ratchets upward because the protest expands. Celebrities have added their voices, and it's really likely that other trade groups, unions and citizen groups follows suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout this country watched in horrified amazement and disbelief august as politicians wrangled for a long time over whether to raise the debt ceiling. What many of them came to understand was that our politicians were fighting over more than the raising in the debt ceiling, which has been done often times before. The big issue was that this Republican-held Congress was with all the occasion being a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, if your personal finances need you to pay any taxes whatsoever at year's end, you're paying greater than huge corporations like General Electric. The last time that this nation's wealthiest citizens locked down a great deal of our wealth what food was in 1929'right up until 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 on the depression were molded by right-wing politicians, plus it was only the earnings of World War II productivity that allowed the country to pull itself up by its bootstraps. The Democrats' New Deal served like a sort of new-era covenant'a promise'that this government would not let a depression happen again. Wealthy Americans are set stubbornly against paying any further taxes, however. The day following the arrests, the head 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, anf the husband doesn't think he should have to pay any further taxes than the average guy. According to Sachs, the economy stumbled while using expansion of globalism inside the Seventies, then when Reagan took over inside the Eighties, his idea ended up being slash taxes on corporations and also the wealthy instead of seek solutions to compete in the global marketplace. While the united states's preferred citizens enjoyed investment growth during those years, they didn't create the new jobs that Reagan had promised his plan would bring. Instead of letting their accrued capital gains trickle down for 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 said, and the doctor and his awesome wife'plus their kids and parents'took a two-week a vacation to Hawaii, an outing they repeated annually during the years I worked for the children. We didn't get raises. It wasn't until Bill Clinton took over the White House in the Nineties that tax increases on the wealthy as well as about the middle class brought our national debt in order, and even the those who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over within the new millennium, school was out. The richest once more got the tax breaks they demanded, and entitlement programs were cut to ensure that Bush could fund his war'a revenge for his father'against Iraq. And how did things go for the common man? Early within the new millennium my husband came to me using the idea of selling our home and buying the one which cost around 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 become preapproved. Although I refused to sign around the dotted line, many other people prearranged for these magnanimous and ultimately toxic loans. As the real estate bubble burst, shocking statistics stumbled on light: The two men who ran Fannie Mae and Freddie Mac each earned between $14 and $15 million dollars per year. Why would someone responsible for a government-sponsored enterprise haul in this 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 becoming scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements in a very complicated salary package, earning an undeterminable amount with his entertainment account alone at $35,000 each year. Blue Shield's CEO Bruce Bodaken, based on Duke Helfand in the Los Angeles Times, earned $4.6 million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million each year, and that he does outright fuel the hatred between the Republicans as well as the Democrats. What few individuals realize is today's Republican Party bears almost no resemblance on the Republican Party of 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 on 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 work with environmental care. I used to worry about gonna war with China's vast and well-oiled military machinery, however, if the world's financial woes continue on this same direction, China could have its hands full taking good care of itself. That's why everyone is frustrated. Obamacare won't reduce healthcare costs. The plan that this Clintons proposed inside Nineties or Hillary Clinton's proposal during her failed presidential campaign, nothing will reform healthcare if corporate heads of health care insurance organizations, pharmaceutical companies and healthcare providers disappear 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 individuals personal finances intended for food and housing have dropped by 15 percent and 7 percent respectively. People are desperate, and legislators avoid getting it ' the need to buy shoes for children, feed kids, or pay tuition or even a mortgage is difficult these days. The government no longer has enough touch. There's more: Another Time sidebar tells us 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 the place that the middle class shop, including Target and Kohl's, are up just 5 and 4 %. Money that previously visited middle class retailers is going to dollar stores, with increases of 11 to 16 percent over the last year. In the meantime, the problem is money concentrated in corporate wealth. The corporations outsource work overseas along with the wealth earned stays over there. The right-wing media don't publicize it given that they buy into it. In addition, the government's humane programs have been stripped to give the huge military machine. So, perhaps spurred through the rabid interference of maybe altruistic but unfortunately inept Tea Party legislators, we are about the verge of a real tea party, famous brands which we have not seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money three years ago, however they aren't doing almost anything to help those who need loans or those who are losing their properties. Now people are determined to cut money from corporate bank accounts and also 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, folks are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations from the Sixties. According to Joe Klein's Stuck within the Middle, also in Time, it looks like there's no other way except organized protests to get the attention of the people who're doing the political posturing in Washington. Average guys you will need to quit sitting for the sidelines making headlines'whatever it requires to make the politicians see how desperate they may be. As the protests spread, the movement will be called Occupy Together. What will happen next? Are there protestors inside your region? The opinions expressed listed below are mine instead of necessarily Bright Hub's'that's why they're printed under my name. So I'm asking you to utilize comments section below to obtain a frank, valid dialog clicking here. What's going on in your area, and any idea what about it? |