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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 nationally? People are mad and they also 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 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 using a small group of unorganized citizens blossomed on October 1 right into a presence of 800 about the Brooklyn Bridge, about 50 % 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 on the pedestrian walkways, but police opened the barriers involving the walkways and the roadway, and packed protestors spilled into the roadway, in which the arrests occurred. The protest had not been launched in New York because it plays where you can Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators recently eliminated a tax on millionaires, allowing them to keep one more $408 weekly, normally. TWU workers, themselves folks the shrinking middle class, share the same outrage as other citizens aggravated while this additional tax inequity. While just a couple TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their degree of participation ratchets upward because the protest expands. Celebrities have added their voices, and it is likely that other trade groups, unions and citizen groups will track 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 for a while over whether to raise the debt ceiling. What most of them came to understand was that our politicians were fighting over greater than the raising of the debt ceiling, that has been done often before. The big issue was the Republican-held Congress was using the occasion as 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 in any respect at year's end, you're paying more than huge corporations like General Electric. The last time that this nation's wealthiest citizens locked down so much of our wealth was in 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, plus it was only the profits 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 would not let a depression happen again. Wealthy Americans are set stubbornly against paying any more taxes, however. The day following your arrests, the top of Black Entertainment Television (BET) told Candy Crowley on CNN which he was one of ten children who spent my youth in his family, the first one to go to college, anf the husband doesn't think he must have to pay any further taxes than the average guy. According to Sachs, the economy stumbled using the expansion of globalism inside Seventies, so when Reagan took over within the Eighties, his idea ended up being slash taxes on corporations as well as the wealthy rather than seek methods to compete in a very global marketplace. While the united states's most comfortable citizens enjoyed investment growth during those years, they still did not create the newest jobs that Reagan had promised his plan will 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 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 said, along with the doctor and his awesome wife'plus their kids and parents'took a two-week a vacation in Hawaii, a vacation they repeated annually throughout the years I worked for the kids. We didn't get raises. It wasn't until Bill Clinton took on the White House in the Nineties that tax increases around the wealthy as well as for the middle class brought our national debt in check, as well as the people who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside new millennium, school was out. The richest once more got the regulations and 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 came to me with all the idea of selling the house and buying the one which cost about three times all the. 'We can not afford that,' I told him. 'The bank says we can easily,' he insisted'he had already taken steps to become preapproved. Although I refused to sign for the dotted line, a number of 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 accountable 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 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, based on 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 a year, and he does outright fuel the hatred between the Republicans and the Democrats. What not enough people realize is today's Republican Party bears little or no resemblance towards the Republican Party of our own grandfathers. The Tea Party legislators have splintered the party, and they also'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 towards the woes incipient inside a booming economy: People are more and more materialistic, and they also are demanding higher wages. There is more pressure to use with environmental care. I used to worry about likely 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 individuals are frustrated. Obamacare won't reduce healthcare costs. The plan that the Clintons proposed inside 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 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 require 16 percent. Amounts in our personal finances intended for food and housing have dropped by fifteen percent and 7 percent respectively. People are desperate, and legislators do not get it ' being forced to buy shoes for children, feed kids, or pay tuition or perhaps a mortgage is tough 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 the location where 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 visited middle class retailers is likely to dollar stores, with increases of 11 to 16 percent on the last year. In the meantime, the thing is money concentrated in corporate wealth. The corporations outsource work overseas and the wealth earned stays over there. The right-wing media don't publicize it simply because they buy into it. In addition, the government's humane programs have been stripped to feed the huge military machine. So, perhaps spurred through the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are for the verge of a genuine tea party, famous brands which we have not seen since Boston Harbor in 1773. We bailed banks out with taxpayer money 3 years ago, however they aren't doing almost anything to help those who need loans or those who are losing their properties. 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 within 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 within the Middle, also in Time, it appears as though there's no other way except organized protests to get the attention with the people that are doing the political posturing in Washington. Average guys are ready to quit sitting on the sidelines and earn headlines'whatever it takes to make the politicians observe desperate they're. As the protests spread, the movement is being called Occupy Together. What will happen next? Are there protestors inside your region? The opinions expressed allow me to share mine rather than necessarily Bright Hub's'that's why they're printed under my name. So I'm asking you to use the comments section below to obtain a frank, valid dialog visiting this site. What's going on with your area, and what is your opinion about it? |