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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew the recent debt ceiling debacle would morph in a fluidic protest pulsating around the world? People are mad plus they really aren't likely 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 in to 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 want 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 the walkways and also the roadway, and packed protestors spilled in the roadway, in which the arrests came about. The protest had not been launched in New York just because it plays where you can Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators not long ago eliminated a tax on millionaires, allowing them to keep a different $408 each week, on average. TWU workers, themselves folks the shrinking middle class, share the same outrage as other citizens aggravated while this additional tax inequity. While only a few 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 likely that other trade groups, unions and citizen groups will follow suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout this country 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 which our politicians were fighting over more than the raising in the debt ceiling, that has been done often times before. The big issue was 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 your personal finances ask you to pay any taxes in any way at year's end, you're paying greater than huge corporations like General Electric. The last time that the nation's wealthiest citizens locked down a great deal of our wealth 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 towards the depression were molded by right-wing politicians, and yes 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 as 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 anymore taxes, however. The day following your arrests, your head of Black Entertainment Television (BET) told Candy Crowley on CNN which he was certainly one of ten children who grew up in his family, the first person to go to college, anf the husband 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, so when Reagan took over inside the Eighties, his idea would have been to slash taxes on corporations and also the wealthy in lieu of seek methods to compete in a very global marketplace. While the united states's most comfortable citizens enjoyed investment growth during those years, they didn't create the new jobs that Reagan had promised his plan brings. 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 fifty percent to 38 percent. 'Oh, that's good,' he explained, and also the doctor with his fantastic wife'plus their kids and parents'took a two-week vacation to Hawaii, an outing they repeated annually during the years I worked for them. We didn't get raises. It wasn't until Bill Clinton took over the White House within the Nineties that tax increases for the wealthy as well as on the middle class brought our national debt manageable, and also the people who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over within the new millennium, school was out. The richest yet again got the regulations and tax breaks they demanded, and entitlement programs were cut to ensure 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 while using idea of selling home and buying the one which cost around three times the maximum amount of. 'We can not afford that,' I told him. 'The bank says we could,' he insisted'he had already taken steps to become preapproved. Although I refused to sign for the dotted line, many other people aligned 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 annually. 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 uncontrollable, 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 inside a complicated salary package, earning an undeterminable amount along with 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 annually, and the man does nothing but fuel the hatred between the Republicans and the Democrats. What few individuals realize is the fact that today's Republican Party bears almost no resemblance to the Republican Party in our 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 quickly 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, and they also are demanding higher wages. There is more pressure to work 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 will have its hands full caring for itself. That's why everyone is frustrated. Obamacare won't reduce healthcare costs. The plan how the Clintons proposed in the Nineties or Hillary Clinton's proposal during her failed presidential campaign, if you don't reform healthcare if corporate heads of medical health insurance organizations, pharmaceutical companies and healthcare providers disappear 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 in our personal finances intended for food and housing have dropped by 15 percent and 7 percent respectively. People are desperate, and legislators don't get it ' having to buy shoes for children, feed kids, or pay tuition or perhaps a mortgage is tough these days. The government no longer has enough 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 location where the middle class shop, such as Target and Kohl's, are up just 5 and 4 percent. Money that previously visited middle class retailers is gonna dollar stores, with increases of 11 to 16 percent in the last year. In the meantime, the problem is money concentrated in corporate wealth. The corporations outsource work overseas as well as 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 have been stripped to give the huge military machine. So, perhaps spurred through the rabid interference of maybe altruistic but unfortunately inept Tea Party legislators, we are around the verge of an actual tea party, the likes of which we've not seen since Boston Harbor in 1773. We bailed banking institutions out with taxpayer money 36 months ago, nevertheless they aren't doing anything to help those who need loans or those who find themselves losing their properties. Now everyone is 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 in the 1976 movie Network, individuals are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations of the Sixties. According to Joe Klein's Stuck in the Middle, also in Time, it looks like there's no other way except organized protests to get the attention with the people who will be doing the political posturing in Washington. Average guys decide to quit sitting around the sidelines and earn headlines'whatever it will take to make the politicians observe how desperate these are. As the protests spread, the movement has been called Occupy Together. What will happen next? Are there protestors inside 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 make use of the comments section below to acquire a frank, valid dialog visiting this site. What's going on inside your area, and any idea what about it? |