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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew the recent debt ceiling debacle would morph in a fluidic protest pulsating across the nation? People are mad plus they really aren't planning to take it anymore. What started as Occupy Wall Street has now expanded to Occupy Together as people across the nation 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 which has 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 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 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 as well as the roadway, and packed protestors spilled to the roadway, where the arrests took place. The protest was not launched in New York simply 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, allowing them to keep yet another $408 weekly, typically. TWU workers, themselves folks the shrinking middle class, share a similar outrage as other citizens frustrated by this additional tax inequity. While just a few TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their degree of participation ratchets upward because protest expands. Celebrities have added their voices, and 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 august as politicians wrangled long and hard over whether to raise the debt ceiling. What many of them came to understand was that our politicians were fighting over greater than the raising in the debt ceiling, which was done often before. The big issue was 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 your personal finances require you to pay any taxes in any respect 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 so much of our wealth what food was in 1929'right getting the club 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, also it was only the earnings of World War II productivity that allowed the nation 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 any longer taxes, however. The day following your arrests, your head of Black Entertainment Television (BET) told Candy Crowley on CNN that he was among ten children who was raised in his family, the first to go to college, anf the husband doesn't think he must have to pay anymore taxes compared to the average guy. According to Sachs, the economy stumbled using the expansion of globalism inside Seventies, when Reagan took over within the Eighties, his idea was to slash taxes on corporations along with the wealthy rather than seek solutions to compete in a very global marketplace. While the country's beloved citizens enjoyed investment growth during those years, they didn't create the new jobs that Reagan had promised his plan will 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 for 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 his awesome wife'plus their kids and parents'took a two-week trip to Hawaii, a trip they repeated annually throughout the years I worked for the kids. We didn't get raises. It wasn't until Bill Clinton took over the White House inside the Nineties that tax increases around the wealthy as well as about the middle class brought our national debt manageable, and even the individuals who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over inside new millennium, school was out. The richest once more got the regulations and 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 most popular man? Early within the new millennium my husband came to me while using idea of selling our home and buying the one that cost around three times the maximum amount of. 'We do not want that,' I told him. 'The bank says we can,' he insisted'he had already taken steps to be preapproved. Although I refused to sign around the dotted line, all kinds of other people prearranged for these magnanimous and ultimately toxic loans. As the real estate bubble burst, shocking statistics came to 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 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 are becoming scarcer than hen's teeth'pulled in paychecks, bonuses, and expense reimbursements in a very complicated salary package, earning an undeterminable amount regarding his entertainment account alone at $35,000 each year. Blue Shield's CEO Bruce Bodaken, in accordance with Duke Helfand inside the Los Angeles Times, earned $4.six million 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 relating to the Republicans and the Democrats. What people realize is that today's Republican Party bears very little resemblance towards the Republican Party of our own grandfathers. The Tea Party legislators have splintered the party, and they've taken an unrelenting stance against tax increases. In the meantime, no efforts 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 to the woes incipient in a very booming economy: People are becoming more materialistic, and they also are demanding higher wages. There is more pressure to operate 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 taking care of itself. That's why folks are frustrated. Obamacare won't reduce healthcare costs. The plan that this Clintons proposed within the 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 vanish 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 will take 16 percent. Amounts of our personal finances available for food and housing have dropped by 15 percent and 7 percent respectively. People are desperate, and legislators avoid getting it ' being forced to buy shoes for the children, feed kids, or pay tuition or 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 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 went along to middle class retailers is gonna dollar stores, with increases of 11 to 16 percent in the last year. In the meantime, the problem is money concentrated in corporate wealth. The corporations outsource work overseas and also the wealth earned stays over there. The right-wing media don't publicize it simply because they buy into it. In addition, government entities's humane programs are actually stripped to feed the huge military machine. So, perhaps spurred by the rabid interference of maybe altruistic unfortunately inept Tea Party legislators, we are around the verge of an actual tea party, famous brands which we haven't seen since Boston Harbor in 1773. We bailed banks out with taxpayer money 36 months ago, however they aren't doing anything to help those who need loans or those who are losing their homes. Now everyone is determined to cut money out of 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 within the 1976 movie Network, everyone is mad as hell'and what many have suggested is reinstituting the peaceful demonstrations from the Sixties. According to Joe Klein's Stuck inside Middle, also in Time, it appears as if there's no other way except organized protests to have the attention with the people who will be doing the political posturing in Washington. Average guys decide to quit sitting for the sidelines and make headlines'whatever it takes to make the politicians see how desperate they are. As the protests spread, the movement has 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 utilize comments section below to secure a frank, valid dialog visiting this site. What's going on in your area, and whatrrrs your opinion about it? |