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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew how the recent debt ceiling debacle would morph into a fluidic protest pulsating nationwide? People are mad and so they really aren't going 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 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 using a small group of unorganized citizens blossomed on October 1 in to 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 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 prefer 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 in the roadway, the place that the arrests took place. The protest has not been launched in New York simply 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, letting them keep one more $408 a week, an average of. TWU workers, themselves members of the shrinking middle class, share a similar outrage as other citizens aggravated by this additional tax inequity. While only a few 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's really likely that other trade groups, unions and citizen groups will track suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout the united states watched in horrified amazement and disbelief august as politicians wrangled long and hard over if they should raise the debt ceiling. What most of them came to understand was that the politicians were fighting over a lot more than the raising in the debt ceiling, which was done many times before. The big issue was the Republican-held Congress was using the occasion being 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 way at year's end, you're paying more than huge corporations like General Electric. The last time how the nation's wealthiest citizens locked down a great deal of our wealth is 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 yes it was only the earnings of World War II productivity that allowed the nation to pull itself up by its bootstraps. The Democrats' New Deal served being a sort of new-era covenant'a promise'how the government would never 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 was raised in his family, the first person to go to college, and that he doesn't think he really should have to pay anymore taxes compared to average guy. According to Sachs, the economy stumbled with the expansion of globalism in the Seventies, then when Reagan took over in the Eighties, his idea would have been to slash taxes on corporations as well as the wealthy rather than seek solutions to compete inside a global marketplace. While the nation's beloved citizens enjoyed investment growth during those years, they still did not create the newest jobs that Reagan had promised his plan brings. 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 for 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, along with the doctor and the wife'plus their kids and parents'took a two-week vacation to Hawaii, a trip they repeated annually during 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 on the wealthy as well as about the middle class brought our national debt manageable, and also the individuals who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over in the new millennium, school was out. The richest yet again got the 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 inside new millennium my husband found me with all the idea of selling our home and buying one which cost three times the maximum amount of. 'We can't afford that,' I told him. 'The bank says we can,' he insisted'he had already taken steps to become preapproved. Although I refused to sign for the dotted line, all kinds of 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 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 together with his entertainment account alone at $35,000 per year. Blue Shield's CEO Bruce Bodaken, as outlined by Duke Helfand inside Los Angeles Times, earned $4.six million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million a year, and that he does nothing but fuel the hatred relating to the Republicans along with the Democrats. What not enough people realize is today's Republican Party bears hardly any resemblance towards the Republican Party in our grandfathers. The Tea Party legislators have splintered the party, and they also've taken an unrelenting stance against tax increases. In the meantime, no efforts 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 to the woes incipient inside 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 likely to war with China's vast and well-oiled military machinery, in case your world's financial woes continue in this same direction, China could have its hands full looking after itself. That's why individuals are frustrated. Obamacare won't reduce healthcare costs. The plan that this Clintons proposed inside Nineties or Hillary Clinton's proposal during her failed presidential campaign, there is little reform healthcare if corporate heads of 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 in our personal household budgets in 1950. Today it takes 16 percent. Amounts in our personal finances designed for food and housing have dropped by 15 percent and 7 percent respectively. People are desperate, and legislators don't get it ' the need to buy shoes for children, feed kids, or pay tuition or possibly 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 place that the wealthy shop are up 30 and 33 percent respectively. Spending in stores the place that the middle class shop, like Target and Kohl's, are up just 5 and four percent. Money that previously went along to middle class retailers is going to dollar stores, with increases of 11 to 16 percent within the last year. In the meantime, the issue is money concentrated in corporate wealth. The corporations outsource work overseas along with the wealth earned stays over there. The right-wing media neglect to publicize it given that they buy into it. In addition, the us government's humane programs are actually stripped to give the huge military machine. So, perhaps spurred from the rabid interference of maybe altruistic but 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 3 years ago, however they aren't doing everything to help those who need loans or those who find themselves losing their homes. Now everyone is determined to cut money 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 inside 1976 movie Network, everyone is mad as hell'and what many have suggested is reinstituting the peaceful demonstrations with the Sixties. According to Joe Klein's Stuck inside the Middle, also in Time, it seems like there's no other way except organized protests to have the attention in 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 takes to make the politicians observe desperate they are. As the protests spread, the movement has called Occupy Together. What will happen next? Are there protestors within 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 utilize comments section below to obtain a frank, valid dialog going here. What's going on with your area, and whatrrrs your opinion about it? |