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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that this recent debt ceiling debacle would morph in a fluidic protest pulsating nationally? People are mad plus they really aren't planning 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 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 having a small group of unorganized citizens blossomed on October 1 into a presence of 800 for the Brooklyn Bridge, most 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 want to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept on the pedestrian walkways, but police opened the barriers between your walkways and the roadway, and packed protestors spilled in the roadway, where the arrests occurred. The protest was not launched in New York because 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, allowing them to keep a different $408 per week, normally. TWU workers, themselves folks the shrinking middle class, share a similar 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 amount of 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 come early july as politicians wrangled for a while over if you should raise the debt ceiling. What many of them came to understand was that the politicians were fighting over a lot more than the raising with the debt ceiling, that has been done many times before. The big issue was that the Republican-held Congress was using the 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 greater 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 getting the club 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, and yes it was only the profits 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'the government could not let a depression happen again. Wealthy Americans are set stubbornly against paying any further taxes, however. The day after the arrests, your head of Black Entertainment Television (BET) told Candy Crowley on CNN that they was certainly one of ten children who grew up in his family, the first person to go to college, and he doesn't think he really should have to pay any longer taxes compared to average guy. According to Sachs, the economy stumbled with the expansion of globalism inside Seventies, then when Reagan took over within the Eighties, his idea was to slash taxes on corporations as well as the wealthy instead of seek ways to compete inside a global marketplace. While the united states's beloved citizens enjoyed investment growth during those years, they didn't create the brand new jobs that Reagan had promised his plan brings. 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 for 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, along with the doctor and his awesome wife'plus their kids and parents'took a two-week a vacation to Hawaii, a visit they repeated annually in the years I worked on their behalf. We didn't get raises. It wasn't until Bill Clinton took on the White House inside Nineties that tax increases on the wealthy as well as about the middle class brought our national debt under control, and in many cases the people who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside the new millennium, school was out. The richest once again got the tax breaks they demanded, and entitlement programs were cut to ensure Bush could fund his war'a revenge for his father'against Iraq. And how did things go for the normal man? Early inside the new millennium my husband located me with all the idea of selling the house and buying one which cost around three times the maximum amount of. '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 for the dotted line, all kinds of other people arranged 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 each year. Why would someone in charge of 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 have become 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 annually. Blue Shield's CEO Bruce Bodaken, as outlined by Duke Helfand inside Los Angeles Times, earned $4.6 000 0000 last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million annually, and he does nothing but fuel the hatred between your Republicans as well as the Democrats. What few individuals realize is today's Republican Party bears very little resemblance for the Republican Party of our own grandfathers. The Tea Party legislators have splintered the party, and 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 to the woes incipient inside a booming economy: People are increasingly materialistic, and 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, but if the world's financial woes continue on this same direction, China will have its hands full looking after itself. That's why individuals 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, if you don't 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 of our personal household budgets in 1950. Today it requires 16 percent. Amounts of our own personal finances available for food and housing have dropped by 15 % and 7 percent respectively. People are desperate, and legislators do not get it ' needing to buy shoes for children, feed kids, or pay tuition or a mortgage is difficult these days. The government no longer has sufficient touch. There's more: Another Time sidebar lets us know that sales at retailers like Tiffany & Co. or designer stores like Ralph Lauren the location where the wealthy shop are up 30 and 33 percent respectively. Spending in stores in which the middle class shop, including Target and Kohl's, are up just 5 and four percent. Money that previously visited middle class retailers is planning to dollar stores, with increases of 11 to 16 percent on the last year. In the meantime, the thing is money concentrated in corporate wealth. The corporations outsource work overseas and the wealth earned stays over there. The right-wing media fail to publicize it because they buy into it. In addition, the federal government's humane programs are already stripped to secure 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 haven't seen since Boston Harbor in 1773. We bailed banking institutions out with taxpayer money 3 years ago, nonetheless they aren't doing almost anything to help individuals who need loans or those people who are losing their houses. Now everyone is determined to cut money out of 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 in the 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 Middle, also in Time, it seems like there's no other way except organized protests to get the attention from the people who will be doing the political posturing in Washington. Average guys are ready to quit sitting about the sidelines to make headlines'whatever it requires to make the politicians see how desperate they may be. As the protests spread, the movement has been called Occupy Together. What will happen next? Are there protestors inside your region? The opinions expressed 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 clicking here. What's going on inside your area, and what do you think about it? |