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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that the recent debt ceiling debacle would morph in to a fluidic protest pulsating nationwide? People are mad plus they really aren't planning 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 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 having a small group of unorganized citizens blossomed on October 1 right into a presence of 800 around the Brooklyn Bridge, about 50 % of of whom were arrested. Solidarity protests spread to Boston, to Chicago, Denver, San Francisco, Los Angeles, and several 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 to the pedestrian walkways, but police opened the barriers between your walkways and the roadway, and packed protestors spilled in the roadway, where the arrests came about. The protest has not been launched in New York even though it plays home to 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 one more $408 per week, an average of. TWU workers, themselves people in the shrinking middle class, share exactly the same outrage as other citizens annoyed by this additional tax inequity. While just a couple of TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their amount of participation ratchets upward as the 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 come early july as politicians wrangled for a while over if they should raise the debt ceiling. What many of them came to understand was that the politicians were fighting over over the raising with the debt ceiling, that is done often times before. The big issue was that 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 respect 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 lot of our wealth was at 1929'right up 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 to the depression were molded by right-wing politicians, and 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 being a sort of new-era covenant'a promise'how the government could not let a depression happen again. Wealthy Americans are set stubbornly against paying anymore taxes, however. The day after the arrests, the head of Black Entertainment Television (BET) told Candy Crowley on CNN he was considered one of ten children who spent my childhood years in his family, the first to go to college, anf the husband doesn't think he needs to have to pay any more taxes as opposed to average guy. According to Sachs, the economy stumbled while using expansion of globalism inside Seventies, when Reagan took over within the Eighties, his idea ended up being to slash taxes on corporations along with the wealthy instead of seek approaches to compete in a very global marketplace. While the world's beloved citizens enjoyed investment growth during those years, they failed to create the brand new jobs that Reagan had promised his plan will bring. Instead of letting their accrued capital gains trickle down to the common man, crony capitalists just protected one another's interests and bought bigger yachts. I worked to have 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 with his fantastic wife'plus their kids and parents'took a two-week vacation to Hawaii, a vacation they repeated annually in 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 for the wealthy as well as on the middle class brought our national debt under control, and in many cases the people that hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside 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 in the new millennium my husband located me using the idea of selling our home and buying the one that cost around three times all the. 'We can't buy that,' I told him. 'The bank says we are able to,' he insisted'he had already taken steps being preapproved. Although I refused to sign around the dotted line, a great many other people lined up for these magnanimous and ultimately toxic loans. As the real estate bubble burst, shocking statistics came to light: The two men who ran Fannie Mae and Freddie Mac each earned between $14 and $15 million dollars a 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 out of hand, were hit hard. The last president of Youngstown State University'a place where jobs are getting to be 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 in 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 as well as the Democrats. What few people realize is that today's Republican Party bears almost no resemblance to the Republican Party of our own grandfathers. The Tea Party legislators have splintered the party, plus 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 the booming economy: People are progressively more materialistic, and 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, in case your world's financial woes continue with this same direction, China will have its hands full taking care of itself. That's why everyone is frustrated. Obamacare won't reduce healthcare costs. The plan the Clintons proposed within the 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 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 require 16 percent. Amounts of our own 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 kids, feed kids, or pay tuition or perhaps a mortgage is difficult these days. The government no longer has enough 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 4 %. Money that previously went along to middle class retailers is likely to dollar stores, with increases of 11 to 16 percent within the last year. In the meantime, the thing is money concentrated in corporate wealth. The corporations outsource work overseas and also the wealth earned stays over there. The right-wing media don't publicize it because they buy into it. In addition, government entities's humane programs are already stripped to give the huge military machine. So, perhaps spurred with the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are about the verge of an actual tea party, the likes of which we have not seen since Boston Harbor in 1773. We bailed banks out with taxpayer money 36 months ago, but they aren't doing everything to help individuals who need loans or those who find themselves losing their homes. Now folks are determined to cut money out of 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, people are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations of the Sixties. According to Joe Klein's Stuck within the Middle, also in Time, it seems like there's no other way except organized protests to obtain the attention with the people who will be doing the political posturing in Washington. Average guys decide to quit sitting on the sidelines and earn headlines'whatever it requires to make the politicians find out how desperate they're. As the protests spread, the movement is being called Occupy Together. What will happen next? Are there protestors in 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 make use of the comments section below to obtain a frank, valid dialog clicking here. What's going on within your area, and any idea what about it? |