TOO MUCH MONEY IN TOO FEW HANDSTHE RISING VOICE OF THE 99%

Occupy Wall Street is a people-powered movement that have began on September 17, 2011. These people power who have been triggered by the popular uprising in Egypt and Tunisia where citizens was protesting against the government policies and dictatorial rule. Wall Street, Manhattan's Financial District is the center of the economic world which regulate the economy not only in the US but in the world. Data show that the circulation of money and services involving America, Europe, and Asia have always passed Wall Street. Sales, distribution and company share the world's biggest game relies on roles of Wall Street, so when some big company experience the benefits it will increase the wealth owned by the company, but when it suffered losses and collapse it will have an enormous impact on the peoples. Consequently when the company suffered a fall in profits, even bankruptcy, there will be efficiency, one of them through termination. When a country with a considerable amount of unemployment is a burden on the state in which the people must prosper and live in liberty and the capitalist state system like the US, private tend to dominate government policy parallel to that when a company collapse the economy of the country also decreased.

The rise of Social Media have made taken things to the next level. This movement of Social Media have gathered thousands of people to Occupy Wall Street starting from a highly known website called Tumblr.

Tumblr have gotten people around the world to share their stories of their economical issues freely and have shared their difficulties they had to undergo as being unemployed, having to pay tax, pay school for their children’s, hospitals bills and others. After all this time it happened and the outpouring of increasingly difficult circumstances, they are determined gathered on the street to their sound. This Tumblr page was started by Erick Erickson, and the argument of his was: "Sure, America may be suffering record unemployment, a go-nowhere economy, uninsured numbers in the

millions, a foreclosure crisis and household debt that is 90%, but as long as there's still a federal income tax, you should shut up and suffer." Erick Erickson have suffered and he’s tired of federal income tax that is beyond reasonable. He stands up for the people saying that they should suffer while the rich are not suffering, it is time for him and the rest to take a stand.

The whole point of Occupy Wall Street is that we should increases taxes on the wealthy to pay for programs that would benefit the other 99% of us, including the half of us who aren't rich but do pay federal income taxes. Erickson and his supporters clearly realize that they can't argue against the points actually being made at Occupy Wall Street, so instead they're inventing phantoms demanding middle-class tax hikes and fighting imaginary battles with them.

By the success of the people in implementing the Tunisia and Egypt protest against government policies and corrupt regime and always benefit themselves. What triggers people ventured to the US government regime that always favors the rich, where the rich get richer and the poor are getting poorer. “we conducted the fight against the 1% of rich people are greedy and corrupted, which runs the US” Stated Ms.Elsmore who have joined the protest in occupy Wall Street. Financial condition of the state has been decreased with the increasing difficulty of getting a loan and the amount of bank loans that venture capital is not available, and eventually they can not carry out operational production. Especially when someone previously owed to the bank, they suddenly unemployed there will be left with debts and all assets such as homes and vehicles they have seized by the bank.Ms.Elsmore also stated that “It’s one of the epithets of the Declaration of Independence that we are ALL equal human beings regardless of where we happen to live. This is our chance to create real change, produce a new global society of free people who will protect and improve our planet, way of living and quality of life. Equality means impact. WE ARE THE 99%!” She wishes that by changing the law or legislation in the US and hoping that money would get around better to all the citizens.

The demands of Occupy Wall Street is to lower unemployment, relieving the overwhelming debt and making the tax structure more fairly to reduce middle class and poor people our of tax burden.

Resources:

"We Are the 99 Percent." We Are the 99 Percent. N.p., n.d. Web. 06 Nov. 2012. <http://wearethe99percent.tumblr.com/>.

http://static.guim.co.uk/sys-images/Guardian/About/General/2011/10/19/1319024126992/A-We-are-the-99-protest-i-007.jpg

"About." Us. N.p., n.d. Web. 06 Nov. 2012. <http://occupywallst.org/about/>.

"NYC General Assembly # Occupy Wall Street." Declaration of the Occupation of New York City. N.p., n.d. Web. 06 Nov. 2012. <http://www.nycga.net/resources/documents/declaration/>.

"Everyone Has the Right to Occupy Space, Safely." Occupy Wall Street. N.p., n.d. Web. 06 Nov. 2012. <http://occupywallst.org/article/everyone-has-right-occupy-space-safely/>.

Marcotte, Amanda. "The US Right's Response to 'We Are the 99%'? 'We Are the 53%'"The Guardian. Guardian News and Media, 19 Oct. 2011. Web. 06 Nov. 2012. <http://www.guardian.co.uk/commentisfree/2011/oct/19/american-right-we-are-the-53>.

"NYC General Assembly # Occupy Wall Street." Principles of Solidarity. N.p., n.d. Web. 06 Nov. 2012. <http://www.nycga.net/resources/documents/principles-of-solidarity/>.