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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that the recent debt ceiling debacle would morph in a fluidic protest pulsating across the nation? People are mad plus 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 of whom were arrested. Solidarity protests spread to Boston, to Chicago, Denver, San Francisco, Los Angeles, and lots 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 plan to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept for the pedestrian walkways, but police opened the barriers relating to the walkways and the roadway, and packed protestors spilled in the roadway, where the arrests came about. The protest wasn't launched in New York because it plays the place to find Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators a few weeks ago eliminated a tax on millionaires, permitting them to keep a different $408 per week, normally. TWU workers, themselves people in the shrinking middle class, share the same outrage as other citizens aggravated by this additional tax inequity. While just a couple of 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'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 come early july as politicians wrangled for a while over if they should raise the debt ceiling. What many of them came to understand was our politicians were fighting over a lot more than the raising in the debt ceiling, which was done more often than not before. The big issue was the Republican-held Congress was while using the occasion like a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, if the personal finances need 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 the nation's wealthiest citizens locked down a lot of our wealth was at 1929'right until they crashed in the Big Depression. According to Time Magazine's Why America Must Revive Its Middle Class by Jeffrey D. Sachs, the decades leading up on the depression were molded by right-wing politicians, and yes 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 like a sort of new-era covenant'a promise'the government would never let a depression happen again. Wealthy Americans are set stubbornly against paying any further taxes, however. The day as soon as the arrests, the top of Black Entertainment Television (BET) told Candy Crowley on CNN that they was certainly one of ten children who spent my youth in his family, the first one to go to college, and the man doesn't think he really should have to pay anymore taxes than the average guy. According to Sachs, the economy stumbled while using expansion of globalism inside the Seventies, so when Reagan took over inside Eighties, his idea would have been to slash taxes on corporations and also the wealthy rather than seek approaches to compete in a global marketplace. While the united states's beloved citizens enjoyed investment growth during those years, they still did not create the modern jobs that Reagan had promised his plan would bring. Instead of letting their accrued capital gains trickle down for 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 1 / 2 to 38 percent. 'Oh, that's good,' he was quoted saying, and also the doctor and the wife'plus their kids and parents'took a two-week a vacation in Hawaii, a vacation they repeated annually during the years I worked for the kids. We didn't get raises. It wasn't until Bill Clinton took in the White House inside the Nineties that tax increases on the wealthy as well as about the middle class brought our national debt under control, and even the people that hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside new millennium, school was out. The richest again 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 came to me with the idea of selling home and buying one which cost three times the maximum amount of. 'We do not want that,' I told him. 'The bank says we can,' he insisted'he had already taken steps being preapproved. Although I refused to sign on the dotted line, many other people lined up 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 each year. Why would someone in control of a government-sponsored enterprise haul in this 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 the complicated salary package, earning an undeterminable amount along with his entertainment account alone at $35,000 per year. Blue Shield's CEO Bruce Bodaken, according to Duke Helfand within the Los Angeles Times, earned $4.6 000 0000 last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million annually, and the man does nothing but fuel the hatred relating to the Republicans as well as the Democrats. What not enough people realize is today's Republican Party bears hardly any resemblance for the Republican Party in our grandfathers. The Tea Party legislators have splintered the party, and 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 for the woes incipient inside 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, in case your world's financial woes continue on this same direction, China will have its hands full taking care of itself. That's why people 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 individuals personal household budgets in 1950. Today it takes 16 percent. Amounts of our own personal finances designed for food and housing have dropped by fifteen percent and 7 percent respectively. People are desperate, and legislators avoid getting it ' the need to buy shoes for children, feed kids, or pay tuition or perhaps a mortgage is difficult these days. The government no longer has sufficient 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 place that the middle class shop, including Target and Kohl's, are up just 5 and four percent. Money that previously went along to middle class retailers is likely to dollar stores, with increases of 11 to 16 percent on the last year. In the meantime, the issue is money concentrated in corporate wealth. The corporations outsource work overseas as well as the wealth earned stays over there. The right-wing media fail to publicize it simply because they buy into it. In addition, government entities's humane programs have been stripped to secure the huge military machine. So, perhaps spurred by the rabid interference of maybe altruistic however inept Tea Party legislators, we are on the verge of a real tea party, the likes of which we have not seen since Boston Harbor in 1773. We bailed banking institutions out with taxpayer money 36 months ago, nonetheless they aren't doing everything to help people who need loans or people who find themselves losing their properties. Now everyone is determined to cut money from corporate bank accounts and also 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 seems like there's no other way except organized protests to get the attention in the people who're doing the political posturing in Washington. Average guys will be ready to quit sitting around the sidelines to make headlines'whatever it takes to make the politicians see how desperate they're. As the protests spread, the movement has called Occupy Together. What will happen next? Are there protestors inside 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 the comments section below to secure a frank, valid dialog clicking here. What's going on in your area, and any idea what about it? |