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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that the recent debt ceiling debacle would morph right into a fluidic protest pulsating nationally? 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 across the country 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 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 to the pedestrian walkways, but police opened the barriers between your walkways and also the roadway, and packed protestors spilled in the roadway, the place that the arrests happened. The protest has not been launched in New York because it plays home to Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators recently eliminated a tax on millionaires, letting them keep yet another $408 each week, typically. TWU workers, themselves folks the shrinking middle class, share the same outrage as other citizens annoyed by this additional tax inequity. While just a couple TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their a higher level participation ratchets upward because 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 the united states 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 many of them came to understand was our politicians were fighting over more than the raising in the debt ceiling, which was done often times before. The big issue was how the 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, if the personal finances need pay any taxes whatsoever at year's end, you're paying over huge corporations like General Electric. The last time the nation's wealthiest citizens locked down a great deal of our wealth what food 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 to the depression were molded by right-wing politicians, also 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 like a sort of new-era covenant'a promise'that the government would never 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 among ten children who spent my childhood years in his family, the first one to go to college, anf the husband doesn't think he really should have to pay any longer taxes as opposed to average guy. According to Sachs, the economy stumbled with all the expansion of globalism inside Seventies, and when Reagan took over inside the Eighties, his idea ended up being slash taxes on corporations as well as the wealthy rather than seek ways to compete in a 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 will 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 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 explained, as well as the doctor with his fantastic wife'plus their kids and parents'took a two-week 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 within the White House inside the Nineties that tax increases around the wealthy as well as for the middle class brought our national debt manageable, and in many cases the people who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over in the new millennium, school was out. The richest once more got the tax breaks they demanded, and entitlement programs were cut to ensure that 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 found me with the idea of selling home and buying one which cost about three times just as much. 'We can not afford 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, a great many other people arranged 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 per year. Why would someone responsible for a government-sponsored enterprise haul in this particular 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 have become scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements in the complicated salary package, earning an undeterminable amount together with his entertainment account alone at $35,000 per year. Blue Shield's CEO Bruce Bodaken, as outlined by Duke Helfand in the Los Angeles Times, earned $4.six million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million per year, and the man does just fuel the hatred involving the Republicans and also the Democrats. What few people realize is always that today's Republican Party bears very little resemblance to the Republican Party individuals grandfathers. The Tea Party legislators have splintered the party, and 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 on the woes incipient in a booming economy: People are increasingly materialistic, and they also 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, if the world's financial woes continue with this same direction, China could have its hands full taking care of itself. That's why folks are frustrated. Obamacare won't reduce healthcare costs. The plan that 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 medical insurance organizations, pharmaceutical companies and healthcare providers vanish 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 requires 16 percent. Amounts individuals personal finances readily available for food and housing have dropped by 15 % and 7 percent respectively. People are desperate, and legislators don't get it ' having to buy shoes for youngsters, feed kids, or pay tuition or a mortgage is actually difficult these days. The government has run out of 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 where the middle class shop, such as Target and Kohl's, are up just 5 and 4 percent. Money that previously attended 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 as well as the wealth earned stays over there. The right-wing media fail to publicize it since they buy into it. In addition, the 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 around the verge of a genuine tea party, the likes of which we've not seen since Boston Harbor in 1773. We bailed the 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 folks are determined to cut money beyond corporate bank accounts and also 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 with the Sixties. According to Joe Klein's Stuck in the Middle, also in Time, it appears as if there's no other way except organized protests to obtain the attention with the people who are doing the political posturing in Washington. Average guys you will need to quit sitting on the sidelines and earn headlines'whatever it requires to make the politicians observe desperate these 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 listed here are 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 acquire a frank, valid dialog going here. What's going on within your area, and what is your opinion about it? |