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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that this recent debt ceiling debacle would morph in to a fluidic protest pulsating nationwide? People are mad and they also really aren't gonna 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 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 for the Brooklyn Bridge, about 50 % of 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 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 relating to the walkways and also the roadway, and packed protestors spilled to the roadway, the place that the arrests happened. The protest was not 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 recently eliminated a tax on millionaires, allowing them to keep an additional $408 per week, normally. TWU workers, themselves individuals the shrinking middle class, share a similar outrage as other citizens annoyed by this additional tax inequity. While just a few TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their level of participation ratchets upward because protest expands. Celebrities have added their voices, and it is likely that other trade groups, unions and citizen groups will observe suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout the united states watched in horrified amazement and disbelief this summer as politicians wrangled for a long time over whether or not to raise the debt ceiling. What most of them came to understand was that the politicians were fighting over greater than the raising in the debt ceiling, which was done many times before. The big issue was how the Republican-held Congress was while using occasion like a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, if the 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 how the nation's wealthiest citizens locked down so much of our wealth was at 1929'right up to 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 to the depression were molded by right-wing politicians, and yes it was only the gains of World War II productivity that allowed the country to pull itself up by its bootstraps. The Democrats' New Deal served as a sort of new-era covenant'a promise'that the government wouldn't let a depression happen again. Wealthy Americans are set stubbornly against paying anymore taxes, however. The day after the arrests, the pinnacle of Black Entertainment Television (BET) told Candy Crowley on CNN he was one of ten children who spent my childhood years in his family, the first person to go to college, and the man doesn't think he needs to have to pay anymore 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 in the Eighties, his idea ended up being to slash taxes on corporations along with the wealthy instead of seek methods to compete in a global marketplace. While the nation's beloved citizens enjoyed investment growth during those years, they did not create the newest jobs that Reagan had promised his plan would 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 with 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, and also the doctor and his awesome wife'plus their kids and parents'took a two-week trip to Hawaii, an outing they repeated annually in the years I worked on their behalf. We didn't get raises. It wasn't until Bill Clinton took within the White House inside Nineties that tax increases on 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 new millennium, school was out. The richest once again got the tax breaks they demanded, and entitlement programs were cut to ensure that Bush could fund his war'a revenge for his father'against Iraq. And how did things go for the normal man? Early within the new millennium my husband found me with all the idea of selling home and buying the one which cost around three times all the. 'We do not want that,' I told him. 'The bank says we could,' he insisted'he had already taken steps to become preapproved. Although I refused to sign on the dotted line, many 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 a year. Why would someone in charge of a government-sponsored enterprise haul in such a huge salary? But the largesse spread beyond those boundaries. Education and healthcare, both with costs rising uncontrollable, 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 the complicated salary package, earning an undeterminable amount regarding his entertainment account alone at $35,000 per year. Blue Shield's CEO Bruce Bodaken, based on Duke Helfand inside the Los Angeles Times, earned $4.6 000 0000 last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million per year, and he does only fuel the hatred relating to the Republicans along with the Democrats. What few individuals realize is the fact that today's Republican Party bears very little resemblance towards the Republican Party of our grandfathers. The Tea Party legislators have splintered the party, and they've taken an unrelenting stance against tax increases. In the meantime, no tasks 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 towards the woes incipient in the 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 going to war with China's vast and well-oiled military machinery, but if the world's financial woes continue on this same direction, China can have its hands full caring for itself. That's why folks are frustrated. Obamacare won't reduce healthcare costs. The plan that the Clintons proposed within the Nineties or Hillary Clinton's proposal during her failed presidential campaign, nothing will reform healthcare if corporate heads of medical 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 of our own personal household budgets in 1950. Today it requires 16 percent. Amounts in our personal finances available for food and housing have dropped by fifteen percent and 7 percent respectively. People are desperate, and legislators do not get it ' needing to buy shoes for the children, feed kids, or pay tuition or a mortgage is tough these days. The government no longer has sufficient 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 place that the middle class shop, like Target and Kohl's, are up just 5 and 4 %. Money that previously went along to middle class retailers is likely 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 along with 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 are already stripped to secure the huge military machine. So, perhaps spurred with the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are for the verge of a real tea party, the kind of which we've not seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money 3 years ago, nevertheless they aren't doing everything to help those who need loans or people who find themselves losing their houses. Now folks are determined to cut money beyond 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, people are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations of the Sixties. According to Joe Klein's Stuck inside the Middle, also in Time, it appears as if there's no other way except organized protests to have the attention in the people who are doing the political posturing in Washington. Average guys decide to quit sitting around the sidelines to make headlines'whatever it takes to make the politicians observe how desperate they are. As the protests spread, the movement has called Occupy Together. What will happen next? Are there protestors in your region? The opinions expressed allow me to share 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 secure a frank, valid dialog going here. What's going on within your area, and any idea what about it? |