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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that this recent debt ceiling debacle would morph right 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 in the united states join the demonstration. Were you aware how 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 about the Brooklyn Bridge, about half of whom were arrested. Solidarity protests spread to Boston, to Chicago, Denver, San Francisco, Los Angeles, and lots 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 towards the pedestrian walkways, but police opened the barriers relating to the walkways and also the roadway, and packed protestors spilled to the roadway, the location where the arrests happened. The protest was not launched in New York just because 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, allowing them to keep yet another $408 weekly, typically. TWU workers, themselves individuals the shrinking middle class, share a similar outrage as other citizens aggravated while this additional tax inequity. While just a couple of TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their level of participation ratchets upward because protest expands. Celebrities have added their voices, and it's really 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 a lot more than the raising of the debt ceiling, which has been done often times before. The big issue was that this Republican-held Congress was with all the occasion like a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, should your personal finances ask 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 was 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 towards the depression were molded by right-wing politicians, and yes it was only the profits of World War II productivity that allowed the world to pull itself up by its bootstraps. The Democrats' New Deal served as being a sort of new-era covenant'a promise'that the government wouldn't let a depression happen again. Wealthy Americans are set stubbornly against paying anymore taxes, however. The day as soon as the arrests, the top of Black Entertainment Television (BET) told Candy Crowley on CNN he was one of ten children who spent my youth in his family, the first person to go to college, and that he doesn't think he should have to pay any further taxes compared to average guy. According to Sachs, the economy stumbled with the expansion of globalism inside the Seventies, when Reagan took over inside Eighties, his idea would have been to slash taxes on corporations as well as the wealthy rather than seek methods to compete in the global marketplace. While the united states's preferred citizens enjoyed investment growth during those years, they did not create the newest jobs that Reagan had promised his plan brings. 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 1 / 2 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 a vacation to Hawaii, an outing they repeated annually through the years I worked for the kids. We didn't get raises. It wasn't until Bill Clinton took in the White House within the Nineties that tax increases for the wealthy as well as about the middle class brought our national debt in order, as well as the people that hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside the new millennium, school was out. The richest again 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 common man? Early inside the new millennium my husband located me while using idea of selling our home and buying the one which cost three times the maximum amount of. 'We can't buy that,' I told him. 'The bank says we can easily,' he insisted'he had already taken steps to get preapproved. Although I refused to sign about the dotted line, all kinds of other people aligned 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 annually. 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 have become scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements in a very complicated salary package, earning an undeterminable amount with his entertainment account alone at $35,000 each year. Blue Shield's CEO Bruce Bodaken, based on 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 a year, anf the husband does outright fuel the hatred relating to the Republicans and also the Democrats. What few people realize is the fact that today's Republican Party bears little or no resemblance for the Republican Party in our grandfathers. The Tea Party legislators have splintered the party, plus they've taken an unrelenting stance against tax increases. In the meantime, no tasks 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 in a booming economy: People are progressively more materialistic, and they are demanding higher wages. There is more pressure to function 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 on this same direction, China may have its hands full looking after itself. That's why folks are 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, if you don't reform healthcare if corporate heads of 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 own personal household budgets in 1950. Today it takes 16 percent. Amounts in our personal finances designed for food and housing have dropped by 15 % 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 even a mortgage is difficult these days. The government has run out of touch. There's more: Another Time sidebar tells 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 visited middle class retailers is gonna dollar stores, with increases of 11 to 16 percent in the last year. In the meantime, the catch is money concentrated in corporate wealth. The corporations outsource work overseas along with the wealth earned stays over there. The right-wing media fail to publicize it simply because they buy into it. In addition, the federal government's humane programs happen to be stripped to feed the huge military machine. So, perhaps spurred from the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are about the verge of an actual tea party, famous brands which we haven't seen since Boston Harbor in 1773. We bailed banking institutions out with taxpayer money 36 months ago, nonetheless they aren't doing almost anything to help those who need loans or those people who are losing their homes. Now people are 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 the 1976 movie Network, folks are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations in the Sixties. According to Joe Klein's Stuck inside Middle, also in Time, it looks like there's no other way except organized protests to find the attention with the people that are doing the political posturing in Washington. Average guys will be ready to quit sitting on the sidelines and earn headlines'whatever it will require to make the politicians see how desperate they're. As the protests spread, the movement will be called Occupy Together. What will happen next? Are there protestors within your region? The opinions expressed here are mine instead of 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 secure a frank, valid dialog visiting this site. What's going on with your area, and any idea what about it? |