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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew the recent debt ceiling debacle would morph into a fluidic protest pulsating across the nation? People are mad and so they really aren't gonna 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 which has a small group of unorganized citizens blossomed on October 1 right into a presence of 800 for the Brooklyn Bridge, most of whom were arrested. Solidarity protests spread to Boston, to Chicago, Denver, San Francisco, Los Angeles, and many 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 for the pedestrian walkways, but police opened the barriers involving the walkways and also the roadway, and packed protestors spilled to the roadway, in which the arrests came about. The protest wasn't launched in New York simply because it plays you will 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 one more $408 each week, on average. TWU workers, themselves individuals the shrinking middle class, share the identical outrage as other citizens aggravated by this additional tax inequity. While just a couple of TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their amount of participation ratchets upward because protest expands. Celebrities have added their voices, and likely that other trade groups, unions and citizen groups will track suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout america watched in horrified amazement and disbelief come july 1st as politicians wrangled long and hard over if they should raise the debt ceiling. What some of them came to understand was that the politicians were fighting over greater than the raising with the debt ceiling, that has been done many times before. The big issue was 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 need you to pay any taxes whatsoever at year's end, you're paying more than huge corporations like General Electric. The last time the nation's wealthiest citizens locked down a lot of our wealth what food was in 1929'right until 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 it was only the earnings 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 this government would never let a depression happen again. Wealthy Americans are set stubbornly against paying anymore taxes, however. The day following the arrests, the head of Black Entertainment Television (BET) told Candy Crowley on CNN that they was among ten children who was raised in his family, the first to go to college, anf the husband doesn't think he needs to have to pay any further taxes compared to the average guy. According to Sachs, the economy stumbled with the expansion of globalism inside the Seventies, so when Reagan took over inside Eighties, his idea would have been to slash taxes on corporations and the wealthy in lieu of seek solutions to compete in a very global marketplace. While the world's beloved citizens enjoyed investment growth during those years, they did not create the new 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 on an orthopedic surgeon in 1986, and I was there when his wife told him their tax bracket had dropped from 50 percent to 38 percent. 'Oh, that's good,' he explained, as well as the doctor and the wife'plus their kids and parents'took a two-week a vacation to Hawaii, a vacation 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 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 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 normal man? Early inside the new millennium my husband stumbled on me with the idea of selling the house and buying one that cost around three times as much. 'We can't buy that,' I told him. 'The bank says we could,' he insisted'he had already taken steps to become preapproved. Although I refused to sign for the dotted line, all kinds of other people arranged 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 each 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 becoming 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 per year. Blue Shield's CEO Bruce Bodaken, in accordance with Duke Helfand inside 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 he does just fuel the hatred relating to the Republicans and the Democrats. What few people realize is that today's Republican Party bears almost no resemblance to the Republican Party individuals 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 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 inside a booming economy: People are progressively more materialistic, and they also 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 will have its hands full taking good care of itself. That's why individuals are frustrated. Obamacare won't reduce healthcare costs. The plan the Clintons proposed inside the Nineties or Hillary Clinton's proposal during her failed presidential campaign, nothing will 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 individuals personal household budgets in 1950. Today it takes 16 percent. Amounts in our personal finances intended for food and housing have dropped by 15 percent and 7 percent respectively. People are desperate, and legislators aren't getting it ' needing to buy shoes for kids, feed kids, or pay tuition or possibly a mortgage is hard these days. The government is out of touch. There's more: Another Time sidebar lets us know 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 the location 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 going 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 along with the wealth earned stays over there. The right-wing media fail to publicize it since they buy into it. In addition, government entities's humane programs are actually stripped to feed 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 a true tea party, the kind of which we haven't seen since Boston Harbor in 1773. We bailed banks out with taxpayer money 36 months ago, nevertheless they aren't doing everything 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 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 within the 1976 movie Network, people are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations from the Sixties. According to Joe Klein's Stuck within the 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 you will need to quit sitting for the sidelines and make headlines'whatever it takes 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 listed here are mine rather than 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 clicking here. What's going on with your area, and what is your opinion about it? |