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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew how the recent debt ceiling debacle would morph into a fluidic protest pulsating across the nation? People are mad and they also really aren't likely 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 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 into a presence of 800 around the Brooklyn Bridge, most 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 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 as well as the roadway, and packed protestors spilled in the roadway, the location where the arrests took place. The protest had not been launched in New York even though it plays home to Wall Street financiers and corporate executives. According to Samuelson, New York State's legislators a little bit ago eliminated a tax on millionaires, allowing them to keep a different $408 each week, typically. TWU workers, themselves people in the shrinking middle class, share the identical outrage as other citizens aggravated while this additional tax inequity. While only a few TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their degree of participation ratchets upward because the protest expands. Celebrities have added their voices, and it's likely that other trade groups, unions and citizen groups will observe suit. Why has outrage extended beyond New York? Millions of 'average citizens' throughout this country watched in horrified amazement and disbelief come early july as politicians wrangled for a long time over whether to raise the debt ceiling. What many of them came to understand was that our politicians were fighting over over the raising in the debt ceiling, that has been done often times before. The big issue was the Republican-held Congress was while using occasion as being a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, should your personal finances need pay any taxes whatsoever at year's end, you're paying over huge corporations like General Electric. The last time the nation's wealthiest citizens locked down a lot of our wealth 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 towards the depression were molded by right-wing politicians, also 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 being a sort of new-era covenant'a promise'that this government wouldn't let a depression happen again. Wealthy Americans are set stubbornly against paying any further taxes, however. The day as soon as the arrests, the head of Black Entertainment Television (BET) told Candy Crowley on CNN he was among ten children who grew up in his family, the first person 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 all the expansion of globalism within the Seventies, when Reagan took over inside Eighties, his idea ended up being to slash taxes on corporations and the wealthy in lieu of seek approaches to compete inside a global marketplace. While the united states's beloved citizens enjoyed investment growth during those years, they didn't 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 fifty percent to 38 percent. 'Oh, that's good,' he was quoted saying, along with the doctor and the wife'plus their kids and parents'took a two-week a vacation to Hawaii, an outing they repeated annually in the years I worked for the kids. We didn't get raises. It wasn't until Bill Clinton took within the White House within the Nineties that tax increases around the wealthy as well as about the middle class brought our national debt under control, and also the people that 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 and tax breaks 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 common man? Early inside new millennium my husband located me while using idea of selling our home and buying the one that cost a couple of times just as much. 'We can't afford that,' I told him. 'The bank says we can,' he insisted'he had already taken steps to get preapproved. Although I refused to sign on the dotted line, a great many other people aligned 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 per year. Why would someone in control 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 out of control, 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 together with his entertainment account alone at $35,000 annually. Blue Shield's CEO Bruce Bodaken, based on Duke Helfand within the Los Angeles Times, earned $4.6 million last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million annually, and the man does nothing but fuel the hatred between the Republicans and also the Democrats. What people realize is today's Republican Party bears hardly any resemblance on the Republican Party of our own grandfathers. The Tea Party legislators have splintered the party, and so they've taken an unrelenting stance against tax increases. In the meantime, no efforts are 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 inside a booming economy: People are becoming more materialistic, plus they are demanding higher wages. There is more pressure to function with environmental care. I used to worry about planning to war with China's vast and well-oiled military machinery, however, if the world's financial woes continue with this same direction, China could have its hands full caring for itself. That's why folks are frustrated. Obamacare won't reduce healthcare costs. The plan that this Clintons proposed inside the Nineties or Hillary Clinton's proposal during her failed presidential campaign, nothing will reform healthcare if corporate heads of health 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 requires 16 percent. Amounts of 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 ' having to buy shoes for youngsters, feed kids, or pay tuition or even a mortgage is actually difficult these days. The government has run 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 in which 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 four percent. Money that previously visited middle class retailers is going to dollar stores, with increases of 11 to 16 percent in the last year. In the meantime, the thing 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 us government's humane programs happen to be stripped to give the huge military machine. So, perhaps spurred through the rabid interference of maybe altruistic however inept Tea Party legislators, we are for the verge of a real tea party, famous brands which we haven't seen since Boston Harbor in 1773. We bailed banks out with taxpayer money three years ago, but they aren't doing anything to help people that need loans or people who find themselves losing their houses. Now everyone is determined to cut money away 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 inside 1976 movie Network, folks are mad as hell'and what many have suggested is reinstituting the peaceful demonstrations in the Sixties. According to Joe Klein's Stuck within the Middle, also in Time, it appears as though there's no other way except organized protests to obtain the attention of the people that are doing the political posturing in Washington. Average guys you will need to quit sitting on the sidelines and make headlines'whatever it will require to make the politicians observe how desperate they're. As the protests spread, the movement has been called Occupy Together. What will happen next? Are there protestors within 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 secure a frank, valid dialog visiting this site. What's going on inside your area, and any idea what about it? |