Cobb Hill Revchi Flat

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Cobb Hill Revchi Flat

Cobb Hill Revchi Flat
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 Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that the recent debt ceiling debacle would morph into a fluidic protest pulsating nationwide? People are mad and they really aren't planning to take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people around the world join the demonstration. Were you aware that this 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 about the Brooklyn Bridge, about 50 % 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 prefer to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept for the pedestrian walkways, but police opened the barriers involving the walkways along with the roadway, and packed protestors spilled into the roadway, in which the arrests came about. The protest had not been launched in New York simply 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 one more $408 weekly, typically. TWU workers, themselves people in the shrinking middle class, share a similar outrage as other citizens annoyed 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 since the protest expands. Celebrities have added their voices, and it's 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 long time over if they should raise the debt ceiling. What many came to understand was that our politicians were fighting over more than the raising in the debt ceiling, which has been done many times before. The big issue was how the Republican-held Congress was with all the occasion as 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 respect at year's end, you're paying more than huge corporations like General Electric. The last time that this nation's wealthiest citizens locked down a lot of our wealth is at 1929'right getting the club 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 earnings 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 not let a depression happen again. Wealthy Americans are set stubbornly against paying any more taxes, however. The day as soon as the arrests, your head of Black Entertainment Television (BET) told Candy Crowley on CNN that he was considered one of ten children who spent my youth in his family, the first to go to college, and that he doesn't think he really should have to pay any further taxes compared to the average guy. According to Sachs, the economy stumbled using the expansion of globalism in the Seventies, and when Reagan took over inside the Eighties, his idea would have been to slash taxes on corporations along with the wealthy instead of seek approaches to compete inside a global marketplace. While the country's preferred citizens enjoyed investment growth during those years, they failed to 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 50 percent to 38 percent. 'Oh, that's good,' he said, and also the doctor and his wife'plus their kids and parents'took a two-week trip to Hawaii, an outing they repeated annually through the years I worked for them. We didn't get raises. It wasn't until Bill Clinton took on the White House in the Nineties that tax increases on the wealthy as well as about the middle class brought our national debt in check, as well as the people that 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 and 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 normal man? Early within the new millennium my husband found me using the idea of selling our home and buying one that cost about three times as much. 'We can't buy that,' I told him. 'The bank says we can easily,' he insisted'he had already taken steps to be preapproved. Although I refused to sign on the dotted line, all kinds of 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 annually. Why would someone in control 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 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 in the complicated salary package, earning an undeterminable amount together with his entertainment account alone at $35,000 a year. 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 each year, and that he does only fuel the hatred between your Republicans along with the Democrats. What few people realize is today's Republican Party bears very little resemblance to the Republican Party individuals grandfathers. The Tea Party legislators have splintered the party, and they also've taken an unrelenting stance against tax increases. In the meantime, no jobs 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, plus 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, if the world's financial woes continue within this same direction, China could have its hands full taking care of itself. That's why people are frustrated. Obamacare won't reduce healthcare costs. The plan that the Clintons proposed in the Nineties or Hillary Clinton's proposal during her failed presidential campaign, there is little change reform healthcare if corporate heads of medical 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 in our personal household budgets in 1950. Today it takes 16 percent. Amounts of our personal finances readily available for food and housing have dropped by 15 percent and 7 percent respectively. People are desperate, and legislators don't get it ' being forced to buy shoes for kids, feed kids, or pay tuition or even a mortgage is tough these days. The government is out of touch. There's more: Another Time sidebar tells 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 the place that the middle class shop, for example 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 in the last year. In the meantime, the issue is money concentrated in corporate wealth. The corporations outsource work overseas and 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 are already stripped to give the huge military machine. So, perhaps spurred with the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are for the verge of a genuine tea party, the kind of which we haven't seen since Boston Harbor in 1773. We bailed financial institutions out with taxpayer money several years ago, nevertheless they aren't doing almost anything to help individuals who need loans or those people 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, people 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 looks like there's no other way except organized protests to get the attention with the people who are doing the political posturing in Washington. Average guys are ready to quit sitting about the sidelines to make headlines'whatever it will require 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 in 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 utilize comments section below to obtain a frank, valid dialog clicking here. What's going on inside your area, and whatrrrs your opinion about it?

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