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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew 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 planning to take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people across the country 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 with a small group of unorganized citizens blossomed on October 1 right into a presence of 800 around the Brooklyn Bridge, most 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 prefer 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 the walkways and the roadway, and packed protestors spilled into the roadway, the place that the arrests occurred. The protest had not been launched in New York just because it plays home to Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators recently eliminated a tax on millionaires, letting them keep a different $408 each week, an average of. TWU workers, themselves people in the shrinking middle class, share a similar outrage as other citizens aggravated while this additional tax inequity. While just a few TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their degree of participation ratchets upward as 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 america watched in horrified amazement and disbelief this summer as politicians wrangled for a while over whether or not to raise the debt ceiling. What most of them came to understand was which our politicians were fighting over more than the raising with the debt ceiling, which has been done often before. The big issue was that this Republican-held Congress was while using occasion being 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 more than huge corporations like General Electric. The last time the 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 for the depression were molded by right-wing politicians, and yes it was only the gains of World War II productivity that allowed the nation to pull itself up by its bootstraps. The Democrats' New Deal served as being a sort of new-era covenant'a promise'how the government would never let a depression happen again. Wealthy Americans are set stubbornly against paying any further taxes, however. The day following your arrests, the head of Black Entertainment Television (BET) told Candy Crowley on CNN that he was considered one of ten children who was raised in his family, the first to go to college, and the man doesn't think he needs to have to pay anymore taxes than the average guy. According to Sachs, the economy stumbled with the expansion of globalism inside the Seventies, then when Reagan took over inside the Eighties, his idea ended up being to slash taxes on corporations along with the wealthy as opposed to seek methods to compete in the global marketplace. While the united states's beloved citizens enjoyed investment growth during those years, they did not create the brand new 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 on an orthopedic surgeon in 1986, and I was there when his wife told him their tax bracket had dropped from 50 percent to 38 percent. 'Oh, that's good,' he was quoted saying, along with the doctor and his wife'plus their kids and parents'took a two-week trip to Hawaii, a visit they repeated annually in the years I worked on their behalf. We didn't get raises. It wasn't until Bill Clinton took within the White House in the Nineties that tax increases about the wealthy as well as about the middle class brought our national debt in check, and even the people that hated Clinton enjoyed relative prosperity. But with George Bush fils taking over within the new millennium, school was out. The richest once again 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 inside new millennium my husband stumbled on me with all the idea of selling our home and buying 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 for the dotted line, a number of other people prearranged for these magnanimous and ultimately toxic loans. As the real estate bubble burst, shocking statistics stumbled on light: The two men who ran Fannie Mae and Freddie Mac each earned between $14 and $15 million dollars a year. Why would someone in charge of a government-sponsored enterprise haul in that huge salary? But the largesse spread beyond those boundaries. Education and healthcare, both with costs rising out of hand, were hit hard. The last president of Youngstown State University'a place where jobs are becoming scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements in the complicated salary package, earning an undeterminable amount regarding his entertainment account alone at $35,000 each year. Blue Shield's CEO Bruce Bodaken, as outlined by Duke Helfand inside the Los Angeles Times, earned $4.6 000 0000 last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million each year, anf the husband does just fuel the hatred relating to the Republicans along with the Democrats. What few people realize is always that today's Republican Party bears little or no resemblance on the Republican Party of our grandfathers. The Tea Party legislators have splintered the party, and they also'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 on the woes incipient in a very booming economy: People are progressively more materialistic, and so 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 on this same direction, China may have its hands full caring for itself. That's why everyone is frustrated. Obamacare won't reduce healthcare costs. The plan that 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 leave 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 will take 16 percent. Amounts individuals personal finances intended 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 actually 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 in which 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 went to middle class retailers is gonna dollar stores, with increases of 11 to 16 percent over 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, the federal government's humane programs happen to be stripped to secure the huge military machine. So, perhaps spurred through the rabid interference of maybe altruistic however inept Tea Party legislators, we are for the verge of a real tea party, the kind of which we have not seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money 3 years ago, nevertheless they aren't doing almost anything to help individuals who need loans or those who find themselves losing their homes. Now folks are 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 in the 1976 movie Network, individuals 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 appears as though there's no other way except organized protests to find the attention in the people who will be doing the political posturing in Washington. Average guys decide to quit sitting for the sidelines and make headlines'whatever it requires to make the politicians observe how desperate they're. As the protests spread, the movement is being called Occupy Together. What will happen next? Are there protestors within your region? The opinions expressed allow me to share mine and never 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 acquire a frank, valid dialog going here. What's going on with your area, and any idea what about it? |