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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew the recent debt ceiling debacle would morph in to a fluidic protest pulsating nationwide? People are mad and so 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 with a small group of unorganized citizens blossomed on October 1 right into a presence of 800 about 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 plan to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept towards the pedestrian walkways, but police opened the barriers involving the walkways and the roadway, and packed protestors spilled in to the roadway, the location where the arrests occurred. The protest had 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 a little bit ago eliminated a tax on millionaires, permitting them to keep an additional $408 a week, typically. TWU workers, themselves folks the shrinking middle class, share a similar 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 level of participation ratchets upward since the protest expands. Celebrities have added their voices, and it is likely that other trade groups, unions and citizen groups will observe 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 long and hard over if you should raise the debt ceiling. What most of them came to understand was that the politicians were fighting over more than the raising in the debt ceiling, which was done often before. The big issue was the Republican-held Congress was using 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 pay any taxes in any way at year's end, you're paying a lot more than huge corporations like General Electric. The last time that this nation's wealthiest citizens locked down a great deal of our wealth was in 1929'right up until 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 nation to pull itself up by its bootstraps. The Democrats' New Deal served as being a sort of new-era covenant'a promise'that this government would never let a depression happen again. Wealthy Americans are set stubbornly against paying any longer taxes, however. The day as soon as the arrests, the pinnacle of Black Entertainment Television (BET) told Candy Crowley on CNN which he was among ten children who was raised in his family, the first one to go to college, and that he doesn't think he needs to have to pay any more taxes compared to average guy. According to Sachs, the economy stumbled with the expansion of globalism in the Seventies, so when Reagan took over inside Eighties, his idea ended up being slash taxes on corporations and the wealthy as opposed to seek solutions to compete in a very global marketplace. While the united states's preferred citizens enjoyed investment growth during those years, they still did not create the brand new jobs that Reagan had promised his plan will bring. Instead of letting their accrued capital gains trickle down on 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 said, along with the doctor and his wife'plus their kids and parents'took a two-week a vacation in Hawaii, a trip they repeated annually in the years I worked for the kids. We didn't get raises. It wasn't until Bill Clinton took in the White House in the Nineties that tax increases about the wealthy as well as on the middle class brought our national debt in check, and even the people who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside the new millennium, school was out. The richest again 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 regular man? Early within the new millennium my husband located me with all the idea of selling our home and buying one which cost three times the maximum amount of. 'We can not afford that,' I told him. 'The bank says we could,' he insisted'he had already taken steps to become preapproved. Although I refused to sign for the dotted line, a number 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 per year. Why would someone responsible for a government-sponsored enterprise haul in such a huge salary? But the largesse spread beyond those boundaries. Education and healthcare, both with costs rising unmanageable, 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 in a very complicated salary package, earning an undeterminable amount along with his entertainment account alone at $35,000 annually. Blue Shield's CEO Bruce Bodaken, in accordance with Duke Helfand inside the Los Angeles Times, earned $4.6 million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million annually, anf the husband does outright fuel the hatred between your Republicans and also the Democrats. What few people realize is always that today's Republican Party bears little or no resemblance on the Republican Party of our own 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 towards 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 use with environmental care. I used to worry about likely to war with China's vast and well-oiled military machinery, but if the world's financial woes continue within this same direction, China can have its hands full looking after itself. That's why folks are frustrated. Obamacare won't reduce healthcare costs. The plan how the Clintons proposed within the 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 walk away with such excessive salaries. According to Time's How We Spent, a sidebar to Sach's article, healthcare took 3 percent in our personal household budgets in 1950. Today it will require 16 percent. Amounts of our personal finances readily available for food and housing have dropped by 15 % and 7 percent respectively. People are desperate, and legislators don't get it ' the need to buy shoes for kids, feed kids, or pay tuition or perhaps a mortgage is tough these days. The government has run 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 the place that the wealthy shop are up 30 and 33 percent respectively. Spending in stores the location where the middle class shop, such as Target and Kohl's, are up just 5 and four percent. Money that previously visited middle class retailers is gonna dollar stores, with increases of 11 to 16 percent on 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 are not able 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 by the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are on the verge of a true tea party, the likes of which we've not seen since Boston Harbor in 1773. We bailed financial institutions out with taxpayer money 3 years ago, nevertheless they aren't doing everything to help those who need loans or those who find themselves losing their houses. Now folks are determined to cut money 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 inside 1976 movie Network, folks are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations with the Sixties. According to Joe Klein's Stuck inside the Middle, also in Time, it appears as if there's no other way except organized protests to find the attention with the people that are doing the political posturing in Washington. Average guys you will need to quit sitting about the sidelines and make headlines'whatever it requires to make the politicians see how desperate they're. As the protests spread, the movement is being called Occupy Together. What will happen next? Are there protestors with your region? The opinions expressed listed below are mine and never necessarily Bright Hub's'that's why they're printed under my name. So I'm asking you to utilize comments section below to secure a frank, valid dialog visiting this site. What's going on inside your area, and what is your opinion about it? |