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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that this recent debt ceiling debacle would morph into a fluidic protest pulsating across the nation? 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 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, 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 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 between your walkways and also the roadway, and packed protestors spilled in the roadway, the location where the arrests happened. The protest was not launched in New York even though it plays the place to find 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 yet another $408 per week, an average of. TWU workers, themselves people in the shrinking middle class, share exactly the same 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 level of participation ratchets upward as the protest expands. Celebrities have added their voices, and it is likely that other trade groups, unions and citizen groups will observe suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout this country watched in horrified amazement and disbelief come july 1st as politicians wrangled long and hard over whether or not to raise the debt ceiling. What most of them came to understand was our politicians were fighting over more than the raising of the debt ceiling, that has been done many times 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, should your personal finances need you to pay any taxes whatsoever 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 a great deal of our wealth is at 1929'right until 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 towards the depression were molded by right-wing politicians, plus it was only the profits of World War II productivity that allowed the nation to pull itself up by its bootstraps. The Democrats' New Deal served being 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, the pinnacle of Black Entertainment Television (BET) told Candy Crowley on CNN that they was among ten children who spent my childhood years in his family, the first to go to college, and that he doesn't think he must have to pay any further taxes compared to average guy. According to Sachs, the economy stumbled with the expansion of globalism within the Seventies, when Reagan took over in the Eighties, his idea ended up being slash taxes on corporations along with the wealthy rather than seek solutions to compete in the global marketplace. While the united states's preferred citizens enjoyed investment growth during those years, they failed to create the newest jobs that Reagan had promised his plan would bring. 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 with 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 was quoted saying, as well as the doctor and his wife'plus their kids and parents'took a two-week a vacation in Hawaii, a trip they repeated annually during the years I worked on their behalf. We didn't get raises. It wasn't until Bill Clinton took on the White House in the Nineties that tax increases on the wealthy as well as on the middle class brought our national debt under control, and in many cases the those who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over in the new millennium, school was out. The richest yet 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 most popular man? Early inside new millennium my husband stumbled on me with all the idea of selling home and buying one which cost about three times the maximum amount of. 'We can't afford that,' I told him. 'The bank says we could,' he insisted'he had already taken steps being preapproved. Although I refused to sign about the dotted line, a great many other people aligned 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 responsible for a government-sponsored enterprise haul in that 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 becoming scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements in a very complicated salary package, earning an undeterminable amount along with his entertainment account alone at $35,000 a year. Blue Shield's CEO Bruce Bodaken, according to Duke Helfand inside 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 that he does outright fuel the hatred relating to the Republicans and also the Democrats. What few individuals realize is always that today's Republican Party bears almost no resemblance for 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 jobs 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 in the booming economy: People are progressively more materialistic, and so they are demanding higher wages. There is more pressure to use with environmental care. I used to worry about going to war with China's vast and well-oiled military machinery, in case your world's financial woes continue with this same direction, China could have its hands full taking good care of itself. That's why folks are frustrated. Obamacare won't reduce healthcare costs. The plan that the Clintons proposed in the Nineties or Hillary Clinton's proposal during her failed presidential campaign, there is little 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 individuals personal household budgets in 1950. Today it will take 16 percent. Amounts of our personal finances readily available 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 the children, feed kids, or pay tuition or possibly a mortgage is actually difficult these days. The government no longer has sufficient touch. There's more: Another Time sidebar lets us know 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 where the middle class shop, for example Target and Kohl's, are up just 5 and four percent. Money that previously went along to middle class retailers is planning to dollar stores, with increases of 11 to 16 percent over 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 neglect to publicize it because they buy into it. In addition, the federal government's humane programs are actually stripped to feed the huge military machine. So, perhaps spurred by the rabid interference of maybe altruistic but unfortunately inept Tea Party legislators, we are for the verge of a true tea party, the likes of which we have not seen since Boston Harbor in 1773. We bailed banks out with taxpayer money three years ago, nonetheless they aren't doing almost anything to help individuals who need loans or people who find themselves losing their homes. Now everyone is determined to cut money beyond corporate bank accounts and 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, individuals are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations from the Sixties. According to Joe Klein's Stuck inside the Middle, also in Time, it looks like there's no other way except organized protests to obtain the attention with the people that are 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 they are. As the protests spread, the movement will be called Occupy Together. What will happen next? Are there protestors within your region? The opinions expressed allow me to share mine and not 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 obtain a frank, valid dialog visiting this site. What's going on within your area, and what is your opinion about it? |