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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew how the recent debt ceiling debacle would morph right into a fluidic protest pulsating around the world? People are mad and they really aren't planning to take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people around the world join the demonstration. Were you aware that 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 with a small group of unorganized citizens blossomed on October 1 into 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 lots 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 involving the walkways and the roadway, and packed protestors spilled to the roadway, the location where the arrests came about. The protest was not 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 not long ago eliminated a tax on millionaires, permitting them to keep an additional $408 weekly, typically. TWU workers, themselves members of the shrinking middle class, share the identical outrage as other citizens annoyed by 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 because the protest expands. Celebrities have added their voices, and it's really likely that other trade groups, unions and citizen groups follows suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout this country watched in horrified amazement and disbelief this summer as politicians wrangled long and hard over if you should raise the debt ceiling. What most of them came to understand was which our politicians were fighting over a lot more than the raising with the debt ceiling, that is done more often than not before. The big issue was how the Republican-held Congress was using the occasion as being 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 in any respect at year's end, you're paying greater 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 up to they crashed into the Big Depression. According to Time Magazine's Why America Must Revive Its Middle Class by Jeffrey D. Sachs, the decades leading up for the depression were molded by right-wing politicians, plus it was only the profits 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'that this government could not 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 considered one of ten children who was raised in his family, the first to go to college, and he doesn't think he must have to pay any further taxes compared to average guy. According to Sachs, the economy stumbled with all the expansion of globalism within the Seventies, then when Reagan took over inside Eighties, his idea ended up being slash taxes on corporations and the wealthy in lieu of seek solutions to compete in the global marketplace. While the united states's preferred citizens enjoyed investment growth during those years, they didn't create the brand new jobs that Reagan had promised his plan brings. 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 fifty percent to 38 percent. 'Oh, that's good,' he said, as well as the doctor with his fantastic wife'plus their kids and parents'took a two-week vacation to Hawaii, a trip they repeated annually throughout the years I worked for them. We didn't get raises. It wasn't until Bill Clinton took within the White House in the Nineties that tax increases for the wealthy as well as for the middle class brought our national debt under control, and even the people who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside the new millennium, school was out. The richest once more got the regulations they demanded, and entitlement programs were cut so 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 came to me with the idea of selling home and buying one that cost a couple of times just as much. 'We do not want 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 around the dotted line, all kinds of other people aligned for these magnanimous and ultimately toxic loans. As the real estate bubble burst, shocking statistics located light: The two men who ran Fannie Mae and Freddie Mac each earned between $14 and $15 million dollars annually. Why would someone in charge of a government-sponsored enterprise haul in this particular 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 along with his entertainment account alone at $35,000 a year. Blue Shield's CEO Bruce Bodaken, in accordance with Duke Helfand in the Los Angeles Times, earned $4.6 000 0000 last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million each year, and that he does only fuel the hatred involving the Republicans as well as the Democrats. What few people realize is the fact that today's Republican Party bears little or no resemblance to the Republican Party of 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 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 for the woes incipient in a booming economy: People are increasingly materialistic, and they are demanding higher wages. There is more pressure to use with environmental care. I used to worry about likely to war with China's vast and well-oiled military machinery, if the world's financial woes continue within this same direction, China will have its hands full looking after itself. That's why everyone is 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 medical 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 requires 16 percent. Amounts of our own personal finances available for food and housing have dropped by 15 % and 7 percent respectively. People are desperate, and legislators avoid getting it ' the need to buy shoes for children, feed kids, or pay tuition or perhaps a mortgage is hard these days. The government is 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 in which the middle class shop, including 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 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 don't publicize it simply because they buy into it. In addition, the government's humane programs are actually stripped to give the huge military machine. So, perhaps spurred through the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are for the verge of an actual tea party, the kind of which we haven't seen since Boston Harbor in 1773. We bailed banking institutions out with taxpayer money 3 years ago, but they aren't doing almost anything to help people who need loans or those people who are losing their properties. 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 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 inside Middle, also in Time, it seems like there's no other way except organized protests to find the attention of the people who're doing the political posturing in Washington. Average guys you will need to quit sitting on the sidelines and earn headlines'whatever it will require to make the politicians see how desperate these 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 listed below are mine rather than 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 going here. What's going on with your area, and whatrrrs your opinion about it? |