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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 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 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 using a small group of unorganized citizens blossomed on October 1 right 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 a lot 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 intend to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept towards the pedestrian walkways, but police opened the barriers between your walkways as well as the roadway, and packed protestors spilled in the roadway, where the arrests came about. The protest was not 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 a few weeks ago eliminated a tax on millionaires, letting them keep yet another $408 a week, an average of. TWU workers, themselves individuals the shrinking middle class, share exactly the same outrage as other citizens frustrated by this additional tax inequity. While only a few TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their a higher level participation ratchets upward because protest expands. Celebrities have added their voices, and likely that other trade groups, unions and citizen groups will follow suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout america watched in horrified amazement and disbelief this summer as politicians wrangled long and hard over whether to raise the debt ceiling. What many came to understand was that the politicians were fighting over more than the raising with the debt ceiling, that is done more often than not before. The big issue was the Republican-held Congress was using the occasion as being 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 at all 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 is at 1929'right up to they crashed to the Big Depression. According to Time Magazine's Why America Must Revive Its Middle Class by Jeffrey D. Sachs, the decades leading up for the depression were molded by right-wing politicians, also it was only the gains of World War II productivity that allowed the united states to pull itself up by its bootstraps. The Democrats' New Deal served as a sort of new-era covenant'a promise'that 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, your head of Black Entertainment Television (BET) told Candy Crowley on CNN which he was certainly one of ten children who grew up in his family, the first one to go to college, anf the husband doesn't think he must have to pay any more taxes compared to the average guy. According to Sachs, the economy stumbled with all the expansion of globalism inside the Seventies, then when Reagan took over in the Eighties, his idea would have been to slash taxes on corporations and also the wealthy rather than seek methods to compete in a global marketplace. While the world's most comfortable citizens enjoyed investment growth during those years, they did not create the new jobs that Reagan had promised his plan would 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 on an orthopedic surgeon in 1986, and I was there when his wife told him their tax bracket had dropped from 50 percent to 38 percent. 'Oh, that's good,' he was quoted saying, as well as the doctor and his awesome wife'plus their kids and parents'took a two-week a vacation in Hawaii, a visit they repeated annually through the years I worked on their behalf. We didn't get raises. It wasn't until Bill Clinton took in the White House in the Nineties that tax increases around the wealthy as well as on the middle class brought our national debt in check, and even the individuals who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over within the new millennium, school was out. The richest once again got the tax breaks 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 normal man? Early inside new millennium my husband came to me with all the idea of selling home and buying one that cost around three times just as much. 'We can not afford that,' I told him. 'The bank says we can,' he insisted'he had already taken steps to be preapproved. Although I refused to sign about the dotted line, a great many other people arranged 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 a year. Why would someone in control of a government-sponsored enterprise haul in that huge salary? But the largesse spread beyond those boundaries. Education and healthcare, both with costs rising out of hand, 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 inside a complicated salary package, earning an undeterminable amount along with his entertainment account alone at $35,000 per 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 a year, anf the husband does just fuel the hatred relating to the Republicans and the Democrats. What not enough people realize is today's Republican Party bears almost no resemblance for 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 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 inside a booming economy: People are becoming more materialistic, plus they are demanding higher wages. There is more pressure to operate with environmental care. I used to worry about likely to war with China's vast and well-oiled military machinery, if the world's financial woes continue with this same direction, China will 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, there is little change reform healthcare if corporate heads of medical 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 own personal household budgets in 1950. Today it will take 16 percent. Amounts individuals personal finances readily available for food and housing have dropped by 15 percent and 7 percent respectively. People are desperate, and legislators avoid getting it ' being forced to buy shoes for kids, feed kids, or pay tuition or perhaps a mortgage is actually difficult these days. The government no longer has sufficient 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 in which the middle class shop, for example Target and Kohl's, are up just 5 and four percent. Money that previously went along to middle class retailers is going to dollar stores, with increases of 11 to 16 percent within the last year. In the meantime, the problem is money concentrated in corporate wealth. The corporations outsource work overseas as well as the wealth earned stays over there. The right-wing media fail to publicize it given that they buy into it. In addition, the us government's humane programs are already stripped to secure the huge military machine. So, perhaps spurred from the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are for the verge of a true tea party, the kind of which we have not seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money several years ago, but they aren't doing everything to help individuals who need loans or those people who are losing their properties. Now individuals are determined to cut money away 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 1976 movie Network, everyone is mad as hell'and what many have suggested is reinstituting the peaceful demonstrations of the Sixties. According to Joe Klein's Stuck inside the Middle, also in Time, it seems like there's no other way except organized protests to have the attention of the people who are doing the political posturing in Washington. Average guys will be ready to quit sitting for the sidelines and earn headlines'whatever it requires to make the politicians find out how desperate these are. As the protests spread, the movement is being called Occupy Together. What will happen next? Are there protestors within your region? The opinions expressed here are mine and never 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 acquire a frank, valid dialog visiting this site. What's going on within your area, and whatrrrs your opinion about it? |