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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 so they really aren't going 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 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 with a small group of unorganized citizens blossomed on October 1 in a presence of 800 about 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 towards the pedestrian walkways, but police opened the barriers relating to the walkways and the roadway, and packed protestors spilled in to the roadway, in which the arrests took place. The protest has not been launched in New York simply because it plays you will 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 one more $408 weekly, normally. TWU workers, themselves members of the shrinking middle class, share the same outrage as other citizens aggravated by this additional tax inequity. While only a few TWU members joined the Brooklyn Bridge protestors on Saturday, October 1, their a higher level participation ratchets upward because protest expands. Celebrities have added their voices, and it's really likely that other trade groups, unions and citizen groups will track 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 for a while over if they should raise the debt ceiling. What some of them came to understand was that our politicians were fighting over more than the raising of the debt ceiling, that is done more often than not before. The big issue was how the Republican-held Congress was while using the occasion being a bully pulpit against tax increases on corporations and wealthy Americans. According to Occupy Wall Street.org, in case your personal finances ask you to pay any taxes whatsoever at year's end, you're paying over huge corporations like General Electric. The last time that the nation's wealthiest citizens locked down so much of our wealth is at 1929'right up until they crashed to 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 profits of World War II productivity that allowed the united states to pull itself up by its bootstraps. The Democrats' New Deal served being a sort of new-era covenant'a promise'that this government would never let a depression happen again. Wealthy Americans are set stubbornly against paying any more taxes, however. The day after the arrests, the pinnacle of Black Entertainment Television (BET) told Candy Crowley on CNN that they was one of ten children who spent my childhood years in his family, the first to go to college, and the man doesn't think he should have to pay any longer taxes compared to average guy. According to Sachs, the economy stumbled with all the expansion of globalism inside the Seventies, when Reagan took over inside Eighties, his idea was to slash taxes on corporations as well as the wealthy in lieu of seek methods to compete in a global marketplace. While the united states's beloved citizens enjoyed investment growth during those years, they did not create the new jobs that Reagan had promised his plan will bring. Instead of letting their accrued capital gains trickle down towards the common man, crony capitalists just protected one another's interests and bought bigger yachts. I worked to have 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 explained, along with the doctor and his wife'plus their kids and parents'took a two-week a vacation 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 in the White House inside Nineties that tax increases for the wealthy as well as around the middle class brought our national debt under control, as well as 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 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 regular man? Early in the new millennium my husband came to me with all the idea of selling the house and buying one which cost three times just as much. 'We can not afford that,' I told him. 'The bank says we could,' he insisted'he had already taken steps to get preapproved. Although I refused to sign on the dotted line, many other people prearranged for these magnanimous and ultimately toxic loans. As the real estate bubble burst, shocking statistics found light: The two men who ran Fannie Mae and Freddie Mac each earned between $14 and $15 million dollars annually. 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 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 together with his entertainment account alone at $35,000 per year. Blue Shield's CEO Bruce Bodaken, as outlined by 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 each year, and the man does only fuel the hatred between the Republicans and also the Democrats. What not enough people realize is always that today's Republican Party bears almost no resemblance for 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 effort is 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 to the woes incipient in a booming economy: People are increasingly materialistic, plus they 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, in case your world's financial woes continue with this same direction, China may have its hands full caring for itself. That's why people are frustrated. Obamacare won't reduce healthcare costs. The plan the Clintons proposed inside the Nineties or Hillary Clinton's proposal during her failed presidential campaign, there is little change reform healthcare if corporate heads of health care 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 takes 16 percent. Amounts individuals personal finances designed for food and housing have dropped by 15 % and 7 percent respectively. People are desperate, and legislators aren't getting it ' being forced to buy shoes for kids, feed kids, or pay tuition or possibly a mortgage is difficult 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 where the wealthy shop are up 30 and 33 percent respectively. Spending in stores in which the middle class shop, like Target and Kohl's, are up just 5 and 4 %. Money that previously attended middle class retailers is going to dollar stores, with increases of 11 to 16 percent in the last year. In the meantime, the catch 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 given that they buy into it. In addition, government entities's humane programs have been stripped to give the huge military machine. So, perhaps spurred by the rabid interference of maybe altruistic but unfortunately inept Tea Party legislators, we are for the verge of a real tea party, the likes of which we've not seen since Boston Harbor in 1773. We bailed banking institutions out with taxpayer money several years ago, nevertheless they aren't doing almost anything to help those who need loans or those people who are losing their houses. Now everyone is 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 in the 1976 movie Network, everyone is mad as hell'and what many have suggested is reinstituting the peaceful demonstrations with the Sixties. According to Joe Klein's Stuck inside the Middle, also in Time, it looks like there's no other way except organized protests to have the attention of the people who're doing the political posturing in Washington. Average guys will be ready to quit sitting on the sidelines to make headlines'whatever it will take to make the politicians observe 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 here are mine instead of 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 obtain a frank, valid dialog going here. What's going on in your area, and what do you think about it? |