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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that the recent debt ceiling debacle would morph right into a fluidic protest pulsating across the nation? 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 in the united states 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 in a presence of 800 for the Brooklyn Bridge, most 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 towards the pedestrian walkways, but police opened the barriers between your walkways along with the roadway, and packed protestors spilled in the roadway, where the arrests came about. The protest had not been launched in New York because 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, letting them keep an additional $408 a week, an average of. TWU workers, themselves individuals the shrinking middle class, share the identical outrage as other citizens aggravated by this additional tax inequity. While only a few 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 likely that other trade groups, unions and citizen groups will observe 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 to raise the debt ceiling. What many came to understand was that the politicians were fighting over greater than the raising from the debt ceiling, that is done many times before. The big issue was that this 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, should your personal finances need pay any taxes at all at year's end, you're paying greater than huge corporations like General Electric. The last time the nation's wealthiest citizens locked down a great deal of our wealth what food was in 1929'right up to they crashed in 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 it was only the gains of World War II productivity that allowed the united states to pull itself up by its bootstraps. The Democrats' New Deal served as a sort of new-era covenant'a promise'that this government could not let a depression happen again. Wealthy Americans are set stubbornly against paying any further taxes, however. The day following the arrests, your head of Black Entertainment Television (BET) told Candy Crowley on CNN he was certainly one of ten children who was raised in his family, the first person to go to college, and that he doesn't think he must have to pay anymore 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 the Eighties, his idea ended up being to slash taxes on corporations and also the wealthy rather than seek solutions to compete in a global marketplace. While the united states's most comfortable citizens enjoyed investment growth during those years, they did not create the newest jobs that Reagan had promised his plan would bring. Instead of letting their accrued capital gains trickle down on the common man, crony capitalists just protected one another's interests and bought bigger yachts. I worked for an orthopedic surgeon in 1986, and I was there when his wife told him their tax bracket had dropped from 50 % to 38 percent. 'Oh, that's good,' he explained, as well as the doctor and the wife'plus their kids and parents'took a two-week vacation to Hawaii, a trip they repeated annually throughout the years I worked for the children. We didn't get raises. It wasn't until Bill Clinton took on the White House inside Nineties that tax increases about the wealthy as well as for the middle class brought our national debt under control, as well as the people who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over in the new millennium, school was out. The richest again got the tax breaks 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 common man? Early inside new millennium my husband came to me with the idea of selling home and buying the one that cost about three times just as much. 'We do not want that,' I told him. 'The bank says we can,' he insisted'he had already taken steps to be preapproved. Although I refused to sign about the dotted line, many other people prearranged 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 annually. Why would someone responsible for a government-sponsored enterprise haul in this particular huge salary? But the largesse spread beyond those boundaries. Education and healthcare, both with costs rising out of control, 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 the complicated salary package, earning an undeterminable amount 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 a year, anf the husband does just fuel the hatred between your Republicans as well as the Democrats. What few people realize is the fact that today's Republican Party bears little or no resemblance towards the Republican Party individuals grandfathers. The Tea Party legislators have splintered the party, plus 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 to the woes incipient inside a booming economy: People are increasingly materialistic, and 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, if the world's financial woes continue within this same direction, China will have its hands full caring for itself. That's why people are frustrated. Obamacare won't reduce healthcare costs. The plan 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 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 personal household budgets in 1950. Today it requires 16 percent. Amounts individuals personal finances intended for food and housing have dropped by 15 % and 7 percent respectively. People are desperate, and legislators do not get it ' the need to buy shoes for the children, feed kids, or pay tuition or possibly a mortgage is tough these days. The government has run out of touch. There's more: Another Time sidebar informs us that sales at retailers like Tiffany & Co. or designer stores like Ralph Lauren the place that the wealthy shop are up 30 and 33 percent respectively. Spending in stores in which the middle class shop, such as Target and Kohl's, are up just 5 and 4 %. 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 problem is money concentrated in corporate wealth. The corporations outsource work overseas along with the wealth earned stays over there. The right-wing media neglect to publicize it given that they buy into it. In addition, government entities's humane programs happen to be stripped to give the huge military machine. So, perhaps spurred with the rabid interference of maybe altruistic however inept Tea Party legislators, we are on the verge of a true tea party, the likes of which we haven't seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money 36 months ago, but they aren't doing everything to help people that need loans or those who find themselves losing their houses. Now individuals are determined to cut money away from corporate bank accounts as well as 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, folks are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations from the Sixties. According to Joe Klein's Stuck in the Middle, also in Time, it seems like there's no other way except organized protests to get the attention of the people who're doing the political posturing in Washington. Average guys will be ready to quit sitting about the sidelines and make headlines'whatever it requires to make the politicians find out how desperate they may be. As the protests spread, the movement has called Occupy Together. What will happen next? Are there protestors in your region? The opinions expressed allow me to share mine instead of necessarily Bright Hub's'that's why they're printed under my name. So I'm asking you to utilize comments section below to acquire a frank, valid dialog going here. What's going on with your area, and what do you think about it? |