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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew how the recent debt ceiling debacle would morph right into a fluidic protest pulsating around the world? 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 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 in 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 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 intend 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 along with the roadway, and packed protestors spilled in to the roadway, in which the arrests came about. The protest was not launched in New York even though it plays home to Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators not long ago eliminated a tax on millionaires, permitting them to keep one more $408 weekly, 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 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 follows 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 long and hard over whether to 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, which was done many times before. The big issue was that the Republican-held Congress was while using the occasion as a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, if the personal finances ask you to pay any taxes at all at year's end, you're paying a lot more than huge corporations like General Electric. The last time that the nation's wealthiest citizens locked down a great deal of our wealth was at 1929'right getting the club 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 for the depression were molded by right-wing politicians, and it was only the profits of World War II productivity that allowed the world to pull itself up by its bootstraps. The Democrats' New Deal served like a sort of new-era covenant'a promise'that this government would not let a depression happen again. Wealthy Americans are set stubbornly against paying any more taxes, however. The day after the arrests, the pinnacle of Black Entertainment Television (BET) told Candy Crowley on CNN which he was considered one of ten children who spent my childhood years in his family, the first to go to college, and the man doesn't think he should have to pay any more taxes than the average guy. According to Sachs, the economy stumbled using the expansion of globalism in the Seventies, when Reagan took over inside Eighties, his idea ended up being to slash taxes on corporations as well as the wealthy rather than seek methods to compete inside a global marketplace. While the country's most comfortable citizens enjoyed investment growth during those years, they still did not create the modern jobs that Reagan had promised his plan brings. 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 was quoted saying, along with the doctor and his awesome wife'plus their kids and parents'took a two-week a vacation to Hawaii, a trip they repeated annually through the years I worked for the children. We didn't get raises. It wasn't until Bill Clinton took on the White House in the Nineties that tax increases around the wealthy as well as on the middle class brought our national debt in order, and in many cases the individuals who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over in the new millennium, school was out. The richest once more got the tax breaks they demanded, and entitlement programs were cut in order 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 while using idea of selling home and buying one which cost around three times the maximum amount of. 'We do not want that,' I told him. 'The bank says we could,' he insisted'he had already taken steps being preapproved. Although I refused to sign on the dotted line, many 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 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 unmanageable, were hit hard. The last president of Youngstown State University'a place where jobs are getting to be 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 per year. Blue Shield's CEO Bruce Bodaken, as outlined by Duke Helfand in the Los Angeles Times, earned $4.6 000 0000 last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million per year, and he does nothing but fuel the hatred relating to the Republicans as well as the Democrats. What few individuals realize is always that today's Republican Party bears little or no resemblance on the Republican Party individuals grandfathers. The Tea Party legislators have splintered the party, and so they've taken an unrelenting stance against tax increases. In the meantime, no effort is 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 more and more materialistic, plus they 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, however, if the world's financial woes continue within this same direction, China can have its hands full looking after itself. That's why people are frustrated. Obamacare won't reduce healthcare costs. The plan that this 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 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 take 16 percent. Amounts in our personal finances designed for food and housing have dropped by fifteen percent and 7 percent respectively. People are desperate, and legislators do not get it ' being forced to buy shoes for children, feed kids, or pay tuition or possibly a mortgage is tough these days. The government is out of touch. There's more: Another Time sidebar informs 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 in which the middle class shop, like Target and Kohl's, are up just 5 and 4 percent. Money that previously attended middle class retailers is gonna 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 along with the wealth earned stays over there. The right-wing media fail to publicize it given that they buy into it. In addition, the federal government's humane programs are already stripped to secure the huge military machine. So, perhaps spurred from the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are about the verge of a true tea party, the kind of which we've not seen since Boston Harbor in 1773. We bailed banking institutions out with taxpayer money 36 months ago, nonetheless they aren't doing almost anything to help those who need loans or those who are losing their properties. 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 within the 1976 movie Network, everyone is mad as hell'and what many have suggested is reinstituting the peaceful demonstrations in 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 get the attention in the people who will be doing the political posturing in Washington. Average guys are ready to quit sitting on the sidelines to make headlines'whatever it will take to make the politicians find out how desperate they may be. As the protests spread, the movement is being called Occupy Together. What will happen next? Are there protestors within your region? The opinions expressed here are mine and not 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 going here. What's going on within your area, and what is your opinion about it? |