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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that the recent debt ceiling debacle would morph into a fluidic protest pulsating nationwide? People are mad and they also really aren't planning to take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people in the united states 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 for the Brooklyn Bridge, about 50 % 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 prefer to support them. Many felt the arrests smacked of police entrapment. The protestors originally kept towards the pedestrian walkways, but police opened the barriers between the walkways and the roadway, and packed protestors spilled to the roadway, the location where the arrests came about. The protest had not been launched in New York because it plays home to 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 a similar outrage as other citizens frustrated by this additional tax inequity. While only a few TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their level of 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 august as politicians wrangled long and hard over whether or not to raise the debt ceiling. What most of them came to understand was that the politicians were fighting over over the raising in the debt ceiling, which was done often 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, if your personal finances ask you to pay any taxes in any way at year's end, you're paying a lot more than huge corporations like General Electric. The last time that the nation's wealthiest citizens locked down a great deal of our wealth was in 1929'right up until 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, and 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 head of Black Entertainment Television (BET) told Candy Crowley on CNN which he was certainly one of ten children who spent my youth in his family, the first to go to college, and the man doesn't think he should have to pay anymore taxes than the average guy. According to Sachs, the economy stumbled while using expansion of globalism inside the Seventies, when Reagan took over within the Eighties, his idea ended up being to slash taxes on corporations along with the wealthy instead of seek ways to compete in a global marketplace. While the world's beloved citizens enjoyed investment growth during those years, they failed to create the newest 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 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 was quoted saying, and the doctor with his fantastic wife'plus their kids and parents'took a two-week trip to Hawaii, a trip they repeated annually during the years I worked for the children. We didn't get raises. It wasn't until Bill Clinton took in the White House in the Nineties that tax increases around the wealthy as well as on the middle class brought our national debt manageable, 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 more 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 new millennium my husband found me using the idea of selling our home and buying the one that cost three times as much. 'We can't afford that,' I told him. 'The bank says we could,' he insisted'he had already taken steps being preapproved. Although I refused to sign about the dotted line, all kinds of other people arranged 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 a year. Why would someone accountable for a government-sponsored enterprise haul in such a 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 have grown to be scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements in a complicated salary package, earning an undeterminable amount together with his entertainment account alone at $35,000 annually. 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 a year, and that he does nothing but fuel the hatred between the Republicans and the Democrats. What few 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 so 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 towards the woes incipient inside a booming economy: People are increasingly materialistic, and they also are demanding higher wages. There is more pressure to operate with environmental care. I used to worry about gonna war with China's vast and well-oiled military machinery, but if the world's financial woes continue with this same direction, China may have its hands full taking good care of itself. That's why people are frustrated. Obamacare won't reduce healthcare costs. The plan that 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 walk away 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 takes 16 percent. Amounts of our own personal finances readily available for food and housing have dropped by fifteen percent and 7 percent respectively. People are desperate, and legislators aren't getting it ' having to buy shoes for the children, feed kids, or pay tuition or possibly a mortgage is tough these days. The government has run out of touch. There's more: Another Time sidebar tells us that sales at retailers like Tiffany & Co. or designer stores like Ralph Lauren the location where the wealthy shop are up 30 and 33 percent respectively. Spending in stores the place that 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 going to dollar stores, with increases of 11 to 16 percent on the last year. In the meantime, the catch is money concentrated in corporate wealth. The corporations outsource work overseas and also the wealth earned stays over there. The right-wing media fail to publicize it given that they buy into it. In addition, the federal 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 about the verge of a true tea party, the likes of which we haven't seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money 36 months ago, but they aren't doing almost anything to help people that need loans or those people who are losing their houses. Now people are determined to cut money beyond 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 in the 1976 movie Network, people 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 seems like there's no other way except organized protests to get the attention in the people that are doing the political posturing in Washington. Average guys are ready to quit sitting on the sidelines and make headlines'whatever it will take to make the politicians observe how desperate they are. As the protests spread, the movement is being called Occupy Together. What will happen next? Are there protestors within your region? The opinions expressed here are mine rather than 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 secure a frank, valid dialog visiting this site. What's going on inside your area, and any idea what about it? |