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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew the recent debt ceiling debacle would morph in a fluidic protest pulsating around the world? People are mad and they also really aren't going to take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people across the nation 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 which has a small group of unorganized citizens blossomed on October 1 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 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 between your walkways and the roadway, and packed protestors spilled to the roadway, the location where the arrests occurred. The protest has 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, allowing them to keep a different $408 a week, normally. TWU workers, themselves people in the shrinking middle class, share the identical outrage as other citizens frustrated by this additional tax inequity. While just a couple 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 will observe suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout this country watched in horrified amazement and disbelief this summer as politicians wrangled for a long time over if they should raise the debt ceiling. What most of them came to understand was our politicians were fighting over greater than the raising of the debt ceiling, which has been done often times before. The big issue was how the Republican-held Congress was while using occasion like a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, if your personal finances ask you to 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 so much of our wealth was in 1929'right up until they crashed into 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 earnings of World War II productivity that allowed the country to pull itself up by its bootstraps. The Democrats' New Deal served being a sort of new-era covenant'a promise'that this government wouldn't let a depression happen again. Wealthy Americans are set stubbornly against paying any more taxes, however. The day after the arrests, the top of Black Entertainment Television (BET) told Candy Crowley on CNN which he was one of ten children who grew up in his family, the first one to go to college, and that he doesn't think he must have to pay any further taxes compared to the average guy. According to Sachs, the economy stumbled with the expansion of globalism in the Seventies, when Reagan took over inside Eighties, his idea ended up being slash taxes on corporations as well as the wealthy rather than seek solutions to compete inside a global marketplace. While the united states's preferred citizens enjoyed investment growth during those years, they failed to create the new jobs that Reagan had promised his plan would bring. Instead of letting their accrued capital gains trickle down towards 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 explained, as well as the doctor with his fantastic wife'plus their kids and parents'took a two-week vacation to Hawaii, a vacation they repeated annually in the years I worked for the kids. We didn't get raises. It wasn't until Bill Clinton took on the White House inside the Nineties that tax increases around the wealthy as well as about the middle class brought our national debt under control, as well as the individuals who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside new millennium, school was out. The richest once more got the regulations 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 in the new millennium my husband came to me while using idea of selling the house and buying the one which cost three times all the. 'We can not afford that,' I told him. 'The bank says we could,' he insisted'he had already taken steps being preapproved. Although I refused to sign about the dotted line, a number of other people arranged for these magnanimous and ultimately toxic loans. As the real estate bubble burst, shocking statistics found light: The two men who ran Fannie Mae and Freddie Mac each earned between $14 and $15 million dollars a year. Why would someone accountable 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 uncontrollable, were hit hard. The last president of Youngstown State University'a place where jobs have grown to be scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements inside a complicated salary package, earning an undeterminable amount together with his entertainment account alone at $35,000 a year. Blue Shield's CEO Bruce Bodaken, according to Duke Helfand within the Los Angeles Times, earned $4.six million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million a year, anf the husband does outright fuel the hatred involving the Republicans along with the Democrats. What few people realize is today's Republican Party bears almost no resemblance towards 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 efforts 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 booming economy: People are progressively more materialistic, and so they are demanding higher wages. There is more pressure to function with environmental care. I used to worry about planning to war with China's vast and well-oiled military machinery, but 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 how the Clintons proposed inside Nineties or Hillary Clinton's proposal during her failed presidential campaign, nothing will reform healthcare if corporate heads of medical health 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 in our personal household budgets in 1950. Today it will take 16 percent. Amounts of our personal finances available for food and housing have dropped by fifteen 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 possibly a mortgage is difficult these days. The government no longer has enough touch. There's more: Another Time sidebar informs 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 location where the middle class shop, like Target and Kohl's, are up just 5 and 4 percent. Money that previously visited middle class retailers is planning to dollar stores, with increases of 11 to 16 percent within the last year. In the meantime, the thing is money concentrated in corporate wealth. The corporations outsource work overseas as well as the wealth earned stays over there. The right-wing media are not able to publicize it since they buy into it. In addition, government entities's humane programs happen to be stripped to secure the huge military machine. So, perhaps spurred with the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are around the verge of an actual tea party, famous brands which we've not seen since Boston Harbor in 1773. We bailed banking institutions out with taxpayer money 36 months ago, but they aren't doing almost anything to help individuals who need loans or those who are losing their properties. Now people are determined to cut money from 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 1976 movie Network, individuals are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations with the Sixties. According to Joe Klein's Stuck in the Middle, also in Time, it appears as though 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 decide to quit sitting around the sidelines making headlines'whatever it will take to make the politicians observe desperate they're. As the protests spread, the movement has called Occupy Together. What will happen next? Are there protestors within your region? The opinions expressed listed 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 get a frank, valid dialog visiting this site. What's going on within your area, and what do you think about it? |