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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 across the nation? People are mad and so they really aren't likely 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 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 using a small group of unorganized citizens blossomed on October 1 in to 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 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 for the pedestrian walkways, but police opened the barriers involving the walkways along with the roadway, and packed protestors spilled in the roadway, the place that the arrests came about. The protest was not launched in New York even though it plays where you can Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators not long ago eliminated a tax on millionaires, letting them keep yet another $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 just a couple of TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their degree of participation ratchets upward because protest expands. Celebrities have added their voices, and it's likely that other trade groups, unions and citizen groups will follow suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout the united states watched in horrified amazement and disbelief august as politicians wrangled for a long time over whether or not to raise the debt ceiling. What many of them came to understand was that our politicians were fighting over more than the raising in the debt ceiling, that is done more often than not before. The big issue was that 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, if your personal finances ask you to pay any taxes at all at year's end, you're paying greater than huge corporations like General Electric. The last time that this 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 to 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'how the government would not let a depression happen again. Wealthy Americans are set stubbornly against paying anymore taxes, however. The day following your arrests, the head of Black Entertainment Television (BET) told Candy Crowley on CNN that he was among ten children who spent my youth in his family, the first person to go to college, and that he doesn't think he should have to pay anymore taxes than the average guy. According to Sachs, the economy stumbled with all the expansion of globalism inside the Seventies, so when Reagan took over inside the Eighties, his idea ended up being slash taxes on corporations along with the wealthy instead of seek solutions to compete in the global marketplace. While the world's most comfortable citizens enjoyed investment growth during those years, they didn't 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 with an orthopedic surgeon in 1986, and I was there when his wife told him their tax bracket had dropped from 1 / 2 to 38 percent. 'Oh, that's good,' he explained, and also the doctor and the wife'plus their kids and parents'took a two-week trip to Hawaii, a visit they repeated annually throughout the years I worked for them. We didn't get raises. It wasn't until Bill Clinton took over the White House within the Nineties that tax increases for the wealthy as well as about the middle class brought our national debt in order, 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 once more got the regulations and 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 came to me with all the idea of selling the house and buying one that cost around three times as much. 'We can't afford that,' I told him. 'The bank says we can easily,' he insisted'he had already taken steps to get preapproved. Although I refused to sign for the dotted line, all kinds of other people lined up 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 in charge 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 grown to be scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements in a very complicated salary package, earning an undeterminable amount with his entertainment account alone at $35,000 a year. Blue Shield's CEO Bruce Bodaken, based on Duke Helfand inside Los Angeles Times, earned $4.6 million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million annually, and that he does just fuel the hatred involving the Republicans along with the Democrats. What not enough people realize is always that today's Republican Party bears hardly any resemblance for the Republican Party of our grandfathers. The Tea Party legislators have splintered the party, plus they've taken an unrelenting stance against tax increases. In the meantime, no efforts 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 on the woes incipient inside a booming economy: People are more and more materialistic, and they are demanding higher wages. There is more pressure to work with environmental care. I used to worry about planning to war with China's vast and well-oiled military machinery, however, if the world's financial woes continue within this same direction, China will have its hands full looking after itself. That's why folks are frustrated. Obamacare won't reduce healthcare costs. The plan 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 of our own 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 aren't getting it ' being forced to buy shoes for children, feed kids, or pay tuition or even a mortgage is tough these days. The government no longer has sufficient touch. There's more: Another Time sidebar tells 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, including Target and Kohl's, are up just 5 and 4 percent. Money that previously attended 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 along with the wealth earned stays over there. The right-wing media fail to publicize it since they buy into it. In addition, the us government's humane programs are already stripped to feed the huge military machine. So, perhaps spurred from the rabid interference of maybe altruistic but unfortunately inept Tea Party legislators, we are for the verge of a real tea party, the kind of which we've not seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money three years ago, but they aren't doing anything to help people that need loans or people who find themselves losing their properties. Now everyone is determined to cut money beyond 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 within the 1976 movie Network, folks are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations from the Sixties. According to Joe Klein's Stuck inside Middle, also in Time, it looks like there's no other way except organized protests to find the attention in the people who're doing the political posturing in Washington. Average guys decide to quit sitting on the sidelines and make headlines'whatever it will require to make the politicians see how desperate these are. As the protests spread, the movement will be called Occupy Together. What will happen next? Are there protestors in your region? The opinions expressed listed here are mine instead of 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 with your area, and whatrrrs your opinion about it? |