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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that this recent debt ceiling debacle would morph into a fluidic protest pulsating nationally? 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 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 on the Brooklyn Bridge, about 50 % 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 intend 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 the walkways and also the roadway, and packed protestors spilled in the roadway, the place that the arrests took place. The protest wasn't launched in New York 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, permitting them to keep an additional $408 weekly, typically. 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 of TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their level of participation ratchets upward since 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 the united states watched in horrified amazement and disbelief come july 1st as politicians wrangled for a while over whether or not to raise the debt ceiling. What some of them came to understand was that the politicians were fighting over over the raising from the debt ceiling, that has been done often before. The big issue was how 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, should your personal finances require you to pay any taxes whatsoever at year's end, you're paying a lot more than huge corporations like General Electric. The last time how the nation's wealthiest citizens locked down a lot of our wealth was at 1929'right getting the club 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, also 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'that this government wouldn't let a depression happen again. Wealthy Americans are set stubbornly against paying any more taxes, however. The day following the arrests, the head of Black Entertainment Television (BET) told Candy Crowley on CNN that he was one of ten children who spent my youth in his family, the first person to go to college, and he doesn't think he should have to pay any longer taxes compared to the average guy. According to Sachs, the economy stumbled while using expansion of globalism within the Seventies, and when Reagan took over inside Eighties, his idea ended up being to slash taxes on corporations and also the wealthy rather than seek ways to compete in a global marketplace. While the nation's preferred citizens enjoyed investment growth during those years, they didn't 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 on 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 said, and the doctor and his awesome 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 over the White House within the Nineties that tax increases for the wealthy as well as around the middle class brought our national debt under control, and also the those who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside the new millennium, school was out. The richest again got the tax breaks they demanded, and entitlement programs were cut in order that Bush could fund his war'a revenge for his father'against Iraq. And how did things go for the most popular man? Early in the new millennium my husband found me with the idea of selling home and buying one that cost three times as much. 'We can't afford that,' I told him. 'The bank says we can,' he insisted'he had already taken steps to get preapproved. Although I refused to sign on the dotted line, all kinds of other people prearranged 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 in control of a government-sponsored enterprise haul in this 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 inside a complicated salary package, earning an undeterminable amount with his entertainment account alone at $35,000 each year. Blue Shield's CEO Bruce Bodaken, according to Duke Helfand within 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 that he does just fuel the hatred relating to the Republicans and 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'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 for 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 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 caring for itself. That's why people are frustrated. Obamacare won't reduce healthcare costs. The plan the Clintons proposed in the Nineties or Hillary Clinton's proposal during her failed presidential campaign, nothing will reform healthcare if corporate heads of health care 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 will require 16 percent. Amounts of our personal finances designed for food and housing have dropped by 15 % and 7 percent respectively. People are desperate, and legislators aren't getting it ' the need to buy shoes for children, feed kids, or pay tuition or even a mortgage is difficult these days. The government no longer has enough touch. There's more: Another Time sidebar informs 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 where the middle class shop, for example Target and Kohl's, are up just 5 and 4 percent. Money that previously visited middle class retailers is planning to dollar stores, with increases of 11 to 16 percent in the last year. In the meantime, the problem is money concentrated in corporate wealth. The corporations outsource work overseas along with the wealth earned stays over there. The right-wing media are not able to publicize it given that they buy into it. In addition, government entities's humane programs are already stripped to feed the huge military machine. So, perhaps spurred with the rabid interference of maybe altruistic but unfortunately inept Tea Party legislators, we are about the verge of an actual tea party, companies which we've not seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money 36 months ago, nevertheless they aren't doing almost anything to help individuals who need loans or people who find themselves losing their properties. Now everyone is determined to cut money from 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 inside 1976 movie Network, individuals 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 of the people who will be doing the political posturing in Washington. Average guys you will need to quit sitting about the sidelines to make headlines'whatever it will take to make the politicians observe desperate they may be. As the protests spread, the movement has called Occupy Together. What will happen next? Are there protestors inside your region? The opinions expressed allow me to share 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 acquire a frank, valid dialog visiting this site. What's going on inside your area, and whatrrrs your opinion about it? |