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Occupy Wall Street Becomes Occupy Together: Protest Against Capitalism Who knew that the recent debt ceiling debacle would morph in to a fluidic protest pulsating nationwide? People are mad and so they really aren't likely 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 using a small group of unorganized citizens blossomed on October 1 in to a presence of 800 about the Brooklyn Bridge, most 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 towards the pedestrian walkways, but police opened the barriers between your walkways as well as the roadway, and packed protestors spilled in to the roadway, the place that the arrests occurred. The protest had not been launched in New York because it plays where you can 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 an additional $408 each week, normally. TWU workers, themselves folks the shrinking middle class, share the same 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 amount of participation ratchets upward because protest expands. Celebrities have added their voices, and 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 august as politicians wrangled long and hard over whether to raise the debt ceiling. What some of them came to understand was that the politicians were fighting over more than the raising with the debt ceiling, which was done often times before. The big issue was that the Republican-held Congress was while using the occasion like a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, if the personal finances require 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 this nation's wealthiest citizens locked down so much 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 towards the depression were molded by right-wing politicians, plus 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 like a sort of new-era covenant'a promise'how the government would never let a depression happen again. Wealthy Americans are set stubbornly against paying any more taxes, however. The day following the arrests, your head of Black Entertainment Television (BET) told Candy Crowley on CNN that they was one of ten children who spent my youth in his family, the first one to go to college, and he doesn't think he must have to pay any more taxes as opposed to average guy. According to Sachs, the economy stumbled with the expansion of globalism within the Seventies, when Reagan took over in the Eighties, his idea ended up being slash taxes on corporations and also the wealthy as opposed to seek approaches to compete in a global marketplace. While the world's beloved citizens enjoyed investment growth during those years, they did not create the modern jobs that Reagan had promised his plan will bring. 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 for an orthopedic surgeon in 1986, and I was there when his wife told him their tax bracket had dropped from 50 % to 38 percent. 'Oh, that's good,' he said, and the doctor and his awesome wife'plus their kids and parents'took a two-week vacation to Hawaii, a vacation they repeated annually in the years I worked for the children. We didn't get raises. It wasn't until Bill Clinton took within the White House inside Nineties that tax increases about the wealthy as well as around the middle class brought our national debt manageable, as well as the individuals who hated Clinton enjoyed relative prosperity. But with George Bush fils taking over in the new millennium, school was out. The richest once again 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 most popular man? Early within the new millennium my husband stumbled on me with all the idea of selling the house and buying one which cost three times all the. 'We can't buy that,' I told him. 'The bank says we could,' he insisted'he had already taken steps to be preapproved. Although I refused to sign on the dotted line, all kinds of other people lined up 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 per 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 uncontrollable, 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 very complicated salary package, earning an undeterminable amount with 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 $4.6 000 0000 last year. Right-wing radio personality Rush Limbaugh earns the munificent sum of $50 million each year, and that he does outright fuel the hatred involving the Republicans along with the Democrats. What people realize is that today's Republican Party bears very little resemblance on 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 towards the woes incipient in 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 going to war with China's vast and well-oiled military machinery, however, if the world's financial woes continue on this same direction, China may have its hands full taking good care of 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, if you don't 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 of our personal household budgets in 1950. Today it will require 16 percent. Amounts of our own personal finances readily available for food and housing have dropped by 15 percent and 7 percent respectively. People are desperate, and legislators don't get it ' having to buy shoes for kids, feed kids, or pay tuition or perhaps a mortgage is hard these days. The government no longer has enough 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 where the middle class shop, for example Target and Kohl's, are up just 5 and 4 %. Money that previously went along to 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 and also the wealth earned stays over there. The right-wing media don't publicize it because they buy into it. In addition, the government's humane programs are already stripped to feed the huge military machine. So, perhaps spurred through the rabid interference of maybe altruistic but unfortunately inept Tea Party legislators, we are for the verge of a true tea party, companies which we haven't seen since Boston Harbor in 1773. We bailed the banks out with taxpayer money 3 years ago, nevertheless they aren't doing anything to help those who need loans or those who find themselves losing their properties. Now everyone is determined to cut money out of corporate bank accounts as well as 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, 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 Middle, also in Time, it appears as though there's no other way except organized protests to get the attention from the people who're doing the political posturing in Washington. Average guys decide to quit sitting on the sidelines to make headlines'whatever it will require to make the politicians find out how desperate these are. As the protests spread, the movement has been called Occupy Together. What will happen next? Are there protestors with your region? The opinions expressed listed here are mine rather than necessarily Bright Hub's'that's why they're printed under my name. So I'm asking you to utilize the comments section below to get a frank, valid dialog going here. What's going on inside your area, and what do you think about it? |