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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 across the nation? 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 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 which has a small group of unorganized citizens blossomed on October 1 into a presence of 800 for 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 want to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept for the pedestrian walkways, but police opened the barriers between the walkways as well as the roadway, and packed protestors spilled in the roadway, the place that the arrests occurred. The protest wasn't launched in New York even though it plays the place to find Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators recently eliminated a tax on millionaires, permitting them to keep one more $408 per week, on average. TWU workers, themselves individuals the shrinking middle class, share exactly the same outrage as other citizens aggravated 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 as the protest expands. Celebrities have added their voices, and likely that other trade groups, unions and citizen groups will follow 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 if you should raise the debt ceiling. What many of them came to understand was which our politicians were fighting over a lot more than the raising of the debt ceiling, that is done many 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, should your personal finances ask you to pay any taxes in any respect at year's end, you're paying more than huge corporations like General Electric. The last time that the nation's wealthiest citizens locked down so much of our wealth was at 1929'right getting the club 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, also it was only the gains of World War II productivity that allowed the united states to pull itself up by its bootstraps. The Democrats' New Deal served as 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 any further taxes, however. The day following your arrests, the pinnacle of Black Entertainment Television (BET) told Candy Crowley on CNN that he was one of ten children who grew up in his family, the first to go to college, and he doesn't think he needs to have to pay anymore taxes compared to average guy. According to Sachs, the economy stumbled with all the expansion of globalism inside Seventies, when Reagan took over inside the Eighties, his idea was to slash taxes on corporations and also the wealthy rather than seek approaches to compete in the global marketplace. While the world's most comfortable citizens enjoyed investment growth during those years, they did not create the newest jobs that Reagan had promised his plan will bring. Instead of letting their accrued capital gains trickle down on the common man, crony capitalists just protected one another's interests and bought bigger yachts. I worked with 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 also the doctor and the wife'plus their kids and parents'took a two-week a vacation to Hawaii, a vacation they repeated annually in the years I worked for the children. We didn't get raises. It wasn't until Bill Clinton took over the White House inside the Nineties that tax increases for the wealthy as well as on the middle class brought our national debt in order, and in many cases the those who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside the new millennium, school was out. The richest once again got the regulations 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 regular man? Early inside the new millennium my husband found me while using idea of selling home and buying the one which cost around three times as much. 'We can't afford that,' I told him. 'The bank says we can easily,' he insisted'he had already taken steps to become preapproved. Although I refused to sign about the dotted line, many other people prearranged 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 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 control, 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 a very complicated salary package, earning an undeterminable amount together with his entertainment account alone at $35,000 each year. Blue Shield's CEO Bruce Bodaken, according to Duke Helfand in the Los Angeles Times, earned $4.6 million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million per year, and that he does only fuel the hatred involving the Republicans as well as the Democrats. What people realize is the fact that today's Republican Party bears very little 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 to the woes incipient in a very booming economy: People are more and more materialistic, and they also are demanding higher wages. There is more pressure to use with environmental care. I used to worry about going to war with China's vast and well-oiled military machinery, but if the world's financial woes continue with this same direction, China will have its hands full looking after itself. That's why individuals are frustrated. Obamacare won't reduce healthcare costs. The plan how 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 vanish with such excessive salaries. According to Time's How We Spent, a sidebar to Sach's article, healthcare took 3 percent individuals 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 avoid getting it ' being forced to buy shoes for children, feed kids, or pay tuition or possibly a mortgage is actually difficult these days. The government no longer has enough touch. There's more: Another Time sidebar tells 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 in which the middle class shop, for example Target and Kohl's, are up just 5 and 4 %. Money that previously went to middle class retailers is planning to dollar stores, with increases of 11 to 16 percent over the last year. In the meantime, the problem is money concentrated in corporate wealth. The corporations outsource work overseas and the wealth earned stays over there. The right-wing media don't publicize it since they buy into it. In addition, the us government's humane programs happen to be 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 on the verge of an actual tea party, the kind of which we have not seen since Boston Harbor in 1773. We bailed financial institutions out with taxpayer money 36 months ago, nevertheless they aren't doing almost anything to help people that need loans or people who find themselves losing their homes. Now people are determined to cut money away 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 in the 1976 movie Network, folks 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 looks like there's no other way except organized protests to have the attention with the people who are doing the political posturing in Washington. Average guys will be ready to quit sitting for the sidelines making headlines'whatever it will take to make the politicians see how desperate they are. As the protests spread, the movement is being called Occupy Together. What will happen next? Are there protestors with 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 make use of the comments section below to acquire a frank, valid dialog clicking here. What's going on in your area, and any idea what about it? |