The costs were $2 billion this year. In the 1981 case Warren v. District of Columbia, the D.C. Court of Appeals held that police have a general "public duty," but that "no specific legal duty exists" unless there is a special relationship between an officer and an individual, such as a person in custody. This October 6, 2008 announcement solves the mystery: The Federal Reserve Board on Monday announced that it will begin to pay interest on depository institutions' required and excess reserve balances. The motto, "To Protect and Serve," first coined by the Los Angeles Police Department in the 1950s, has been widely copied by police departments everywhere. We recently had occasion to e-mail Epson with two tech support questions about printer models no longer . TheInternational Association of Chiefs of Police, for instance, says, "Taking action during active shooter incidents, rather than waiting for specially equipped and trained officers, can save lives and prevent serious injuries. Let's start with the happier portion of today's program first. How much a bank should lend is anyones guess, but with rates on the rise and the Feds Quantitative Tightening of last year, its understandable lending activity would decrease. - "Poynter" fonts provided by fontsempire.com. Together, this creates a sense of invincibility and righteousness among the police that is used to justify even outrageous behavior while simultaneously creating the perception among the public that the police are untouchable. Banking Crisis (Not the Fed) To Cause Recession? This measure builds on momentum on sound money from previous Arkansas legislative sessions. Click here. The California police officer's oath states, "I, (employee name), do solemnly swear (or affirm) that I will support and defend the Constitution of the United States . This means more of a global willingness to absorb dollars into foreign central banks and foreign bank accounts even as the dollar inflates and loses purchasing power. The life-and-death nature of the job is used to push for extremely generous medical leave, overtime, and pay packages. History of the Austrian School of Economics. Is it okay if police use their discretion with arrest warrants? Not a subscriber? You will notice police cars no longer say, "Protect and serve." They neither protect, nor do they serve. If the agencies or individual agents are forced to pay as a result of lawsuits, it's the taxpayers who will pay for that too. Consider the words, "law enforcement". A 10 p.m. curfew was in effect, April 28, 2015 (AP/David Goldman). In this event, the Supreme Court ruled that the police have no obligation to protect your right to due process (Fifth Amendment) by enforcing existing restraining orders and that the court order did not provide her special treatment under the law. The yuan is a fifth-place also-ran in the currency race. Since police officers have stopped cooperating, and have offered contradictory information, we will probably never know. Moreover, even though the state of Florida has compulsory schooling laws, the students themselves are not "in custody": Courts have rejected the argument that students are in custody of school officials while they are on campus, Mr. Hutchinson said. When the Fed eventually pursues the road to profitability via Quantitative Easing, it will come with devastating consequences. According to the transcript: Diversity makes the Board stronger by providing different talents and perspectives that help make us more effective. Nonetheless, the meeting closes. Today, over a year into the invasion, Ukraine is relying more on conscripts as their losses mount. Since cops didnt search his room, they didnt see any criteria to commit him or intervene. They also prevented others from intervening. This isn't about protecting your wealth or reining in government power. A profitable Fed may be even more dangerous than an unprofitable Fed. So it would appear that police, upon realizing that people. Police have shot and killed Americans of all agesmany of them unarmedforstanding a certain way, or moving a certain way, or holding somethinganythingthat police could misinterpret to be a gun, or igniting some trigger-centric fear in a police officers mind that has nothing to do with an actual threat to their safety. Zelensky alsoauthorizedthe "release" of convicts with combat experience to bolster Kyiv's forces. of William Norman Grigg, "conscription indisputably rests on the assumption that each individual is the State's property, to be sacrificed when those controlling the State deem it necessary for their protection. In other words, you can be outraged that cops in Florida did nothing to stop the school shooter, but technically, it wasnt part of their job description. They work hard at an extremely dangerous job. It begins on page 7: Revenue of $170 billion. Why do we have more than a million cops on the taxpayer-funded payroll in this country whose jobs do not entail protectingoursafety, maintaining the peace inourcommunities, and upholdingourliberties? Lauren is a registered patent attorney who represents clients in all phases of litigation. Mr. Whiteheads commentaries have appeared in the Los Angeles Times, New York Times, Washington Post, Washington Times and USA Today. And the lack of condemnation, or even interest, from our fellow Americans should concern all advocates of self-ownership. However, such gains are not necessarily a real in terms of translating to an actual increase in purchasing power. credit union offices for your banking needs. The "shopcam" recordings seen on The Rookie are an invention for that show. Consider it as an IOU the Fed holds, literally pieces of electronic paper that says the United States Government and countless mortgage holders owe the Fed $8 trillion plus interest. And then theres President Trumpsplans for a military parade on Veterans Day(costing between $10 million and $30 million) to showcase the nations military might. Its generally portrayed as a win for the people when the Fed remits billions to Treasury, but this is nothing more than the return of the publics money, less over hundred billion dollars in expenses and a healthy dividend along the way and if this is confusing, dont be alarmed, its supposed to be. Hopefully theres another way, but if not, the conclusion is clear: If the Fed refuses to cut expenses by reducing interest paid to banks, then the only way for the Fed to make more money is for the Fed to make more money.. The balance sheet is primarily an accounts receivable balance, perhaps the worlds largest, which is to say that the Fed owns debt, obtained by creating $8 trillion out of thin air and loaning it out. Reserve currency status, by politically fostering more deficit spending, also harms those parts of the private economy that depend on private investment. The war in Ukraine serves as a reminder that conscription is not extinct. Most recently, Tennessee ended this tax in 2022, and Arkansas and Ohio eliminated this tax in 2021. All this dollar profligacy has beenneither necessary nor advisable, yet maintaining global reserve currency statuscan helpregimes get away with this sort of thingfor decades. However, near the end of the report on Note 12, its explained that after expenses and the dividend to banks (which was only $583 million last year), the Fed managed to remit $76 billion to the Treasury. In other words, police are well within their rights to pick and choose when to intervene to protect the lives and property of others even when a threat is apparent. Given that were living at a time when the risk of bank-runs have become a real threat, its almost comical to think banks would lend too much, or wouldnt benefit by increasing their own reserve amounts, so claims to the contrary seem unfounded. See below: Going back to the initial remark of embezzlement of public funds. And never forget that $5 trillion was required to fix the last crisis; theyve given us nothing to believe that next time will be different. On the big screen, the military coup is foiled and the republic is saved in a matter of hours. The balance sheet invokes many things, one of which is the realization that even though the Fed is not a bank, like a bank, it barely has any money of its own. All eligible men are required to register through an online government portal. Lucky for the Fed, theyll suffer no adverse consequences for their actions because according to them, the crisis wont be their fault. But theres more to it than that. It's going to happen regardless of our feelings on the matter. The reality is likely that closer to 80% of the employees only make around $100,000 while the remaining 20% make a lot more. Rounding out the expenses are the administrative costs of running a central bank. And as recently as 2019, Russian President Vladimir Putinvoicedsupport for abolishing conscription. In 2005'sCastle Rock v. Gonzales,a woman sued the police for failing to protect her from her husband after he violated a restraining order and abducted and killed their three children. According to the 2021 budget, the actual amount was 23,517. Cops in America may get paid by the citizenry, but they dont work for us. That could have created conditions for a duty to rescue. This, however, can only continue until the dollar's reserve status ends or even significantly weakens. What is the Austrian School of Economics? They might be risking their own lives. Trump and Kudlow seemingly can't tell the difference between what is good for the US government, and what is good for the people. [In] the years since the Sept. 11 attacks, the story of the hero cop has become so powerful and pervasive thateven questioning police behavior is decried as disloyal, un-American, and dangerous.. "To protect and to serve" has become one of the most recognizable phrases in law enforcement.. Recent tragic mass shootings are drawing attention (again) to a lot of societal problems we could fix if we wanted to but instead prioritize white supremacy, sexism, and gun culture. The conscripts have so far received worse equipment and inferior training than the volunteer forces before being sent into battle. This gain is often a nominal gain because of the slow but steady devaluation of the Federal Reserve note dollar. executive director of the National Tactical Officers Association, said, International Association of Chiefs of Police. At FindLaw.com, we pride ourselves on being the number one source of free legal information and resources on the web. For example, lets say the US dollar sinks to 40 percent of all foreign reserves and is only used in one-third of all international trade invoicesinstead ofone-half, as is now the case. His therapist called his family who begged police to check on him. Yet, as journalist David Feige explains, For the last three decades, police unions have managed to portray their members as indispensable heroes in a deadly and dangerous war. Yes, these are the very same banks the Fed regulates and bails out on occasion. Rounding out this profit-driven campaign to turn American citizens into enemy combatants (and America into a battlefield) is a technology sector that has been colluding with the government to create a Big Brother that isall-knowing, all-seeing and inescapable. The notes to the Feds Financial Statements read like a disclaimer at the end of an Rx drug commercial. It is the unfortunate, misguided, perverse message that has been beaten, shot, tasered and slammed into our collective consciousness over the past few decades, and it has taken root. After all, it's clear that it is not necessary for a country's currency to be a reserve currency in order for that country to have a high standard of living and a high degree of economic freedom. Weve covered everything thrown at us this past year and will continue to do so with your support. Contributions are tax-deductible to the full extent the law allows. One head scratcher is that there were only $2.258 trillion in Federal Reserve notes outstanding, which Note 3k explains as the currency circulating of the United States." Even worse, when the dollar ceases to be the dominant reserve currencyan event that is inevitableholders of dollars will see their purchasing power plummet. fitness centers that encourage a healthy lifestyle through exercise and indoor and outdoor sports. And they certainly arent operating within the limits of the U.S. Constitution. In the American police state, police have a tendency to shoot first and ask questions later. With the stroke of Gov. Men caughtbreaking curfewand getting intostreet fightshave received conscription notices after being detained by police. Within hours of the first Russian airstrikes that signaled the beginning of the February 2022 invasion, Ukrainian President Volodymyr Zelensky declared martial law, called up men in the reserves, conscripted new soldiers, and prohibited men between the ages of 18 and 60 from leaving the country. Of course, it would be next to impossible for the Fed to actually sell its entire $8 trillion portfolio since the pool of buyers is fairly small, so prospective buyers would demand a much lower price in return. Top Photo |Police ride on an armored vehicle through Baltimore streets following protests which occurred after the funeral of Freddie Gray, who was killed by police. Members concurred that the U.S. banking system is sound and resilient. After the fall of the Soviet Union, both Ukraine and Russia continued to require male citizens to serve time in the military, though the term was gradually reduced from two years to one. The mandatory term of military service for Russian men was rolled back to one year in 2008. And when people have guns, nobody needs police.. But as courts have determined, they have no obligation to do that. To the average person, the system works for them so theres no need to ask too many questions. A passenger looks out at the 36th Street subway station on April 13, 2022, where a shooting attack occurred the previous day. And embracing the inherent danger of policing is supposed to be part of the ethos of protecting citizens from. The fact that the Fed has the power to enact this change, literally tomorrow, but continues not to, speaks volumes. All eligible men are required to register through an online government portal. Laws vary from state to state but police have a legal obligation to render aid and stop crime. All they have is the ability to print more money and lower rates, so its difficult to imagine "low" inflation during any alleged recovery. Following last February's shooting at Marjory Stoneman Douglas High School in Parkland, Florida, some students claimed local government officials were at fault for failing to provide protection to students. Tax ID# 52-1263436, conscription. Police have a legal obligation to stop crime. code or county). Oh sure, the senior leadership positions may change, but the enormous agency budgets will remain, the government agents themselves will continue to collect generous salaries and pensions, and no government will surrender its monopoly on the use of force. We know the first 911 call occurred before he even entered the building. Every one of Mississippis neighbors (Alabama, Louisiana, Kentucky, and Tennessee) had already stopped taxing the monetary metals. There's no excuse for that." Anecdotally, other than mortgage loans, small business owners can attest that banks havent been lending to main street for a long time, save for government backed programs. Lending programs like the Paycheck Protection Program, and all the other bank assistance schemes, appear more suspect when we remind ourselves that the banks had trillions of dollars earning interest at the Fed this entire time. However, a financial statement review would not be complete without a look at the fine print. The Russian government has claimed conscripted soldiers are only being sent to replace volunteer soldiers in their posts, with the volunteer soldiers then sent to the front in Ukraine, but some have. Less than a year later, the new Western-backed Ukrainian government. That thin, blue line of loyalty to ones fellow cops has become a self-serving apparatus that sees nothing wrong with advancing the notion that the livesand rightsof police should be valued more than citizens. The cameras are on, the microphones aren't. When the officer pushes the "record" button on the bodycam, the microphone activates, and the sile. . On one hand the Fed thinks a recession will happen this year, with a recovery to happen in 2024 and 2025, but on the other hand, inflation will remain at 2% during this time. Arkansas is helping lead the way in defending and restoring sound money, as well as removing the disincentives for citizens to protect themselves from the inflation and financial turmoil that flows from the Federal Reserve System, said Jp Cortez, policy director of the Sound Money Defense League. These measures would end taxes on the metals, reaffirm gold and silver as money, establish in-state depositories, enable State Treasurers to invest state funds in the metals, and more. All rights reserved. This reality does belie the often-made claim, however, that police agencies deserve the tax money and obedience of local citizens because the agencies "keep us safe.". @2022 - AlterNet Media Inc. All Rights Reserved. In 2022 the Fed paid about $4 billion in salaries in addition to the$1 billion it paid in pension costs. In recent years, Americans have been killed by police merely forstanding in a shooting stance,holding a cell phone, behaving oddly andholding a baseball bat,opening the front door,running in an aggressive mannerholding a tree branch,crawling around naked,hunching overin a defensive posture,wearing dark pantsand a basketball jersey,driving while deaf, beinghomeless,brandishing a shoehorn, holding agarden hose, andpeeing outdoors. None of this, however, improvesthe standard of living of Americans who pay the bills. This $8 trillion manifests itself as an increase to the money supply since money must go somewhere and is always held by someone. The police response to the Uvalde tragedy is drawing attention to a newer conversation without gun-law reform or better domestic violence response, cant we at least rely on police to serve and protect? From the above, we find that 60% of the Feds income has been absorbed by interest payments to foreign and domestic banks, central banks, and countless institutions whom weve never heard of. Its not just the drones,fusion centers, license plate readers, stingray devices and the NSA that you have to worry about. Neither Trump nor Kudlow actually explain why maintaining reserve currency status is so important. A second advantage:the fact the dollar dominates in global trade transactions means more global demand for US debt. There are real-world harms that follow from the myths perpetuated by police unions. Weve been told that cops need to be able to crash through doors, search vehicles, carry out roadside strip searches, shoot anyone they perceive to be a threat, and generally disregard the law whenever it suits them because theyre doing it to protect their fellow Americans from danger. A consideration of these facts does not necessarily lead us to the conclusion that law enforcement agencies are somehow on the hook for every violent act committed by private citizens. Russian conscription followed a similar trajectory to Ukraine's after the fall of the USSR. Yesterday we reviewed the Feds Statement of Operations finding many peculiarities such as: a $16 billion capitalized loss, $2 billion spent by the Board of Governors, and $1.2 billion paid as a dividend to the banks. Speaking of averages, if the average low-level employee read Mises or Rothbard, it would only raise more questions and leave them in an ethical dilemma, which could become quite unnerving. new conscripts wherever they may be. Supreme Court precedent holds that American police have no legal obligation to protect the public. All of this has taken place right under our noses, funded with our taxpayer dollars and carried out in broad daylight without so much as a general outcry from the citizenry. A US district judge ruled that neither the police nor the sheriffs deputies had a duty to protect the students from the shooter because the students were not in the states custody. Keep in mind that this is just an average and rough estimate. The question is no longer whether the U.S. government will be preyed upon and taken over by the military industrial complex. It has gone all the way to the Supreme court, which decided there was no constitutional duty to protect that person. So when police in Florida had to deal with a 19-year-old embarking on a shooting rampage insideMarjory Stoneman Douglas High Schoolin Parkland, Fla., what did they do? In fact, police dont usually need much incentive to shoot and kill members of the public. The salary structure can be viewed below: The 23,000+ people who work at the Fed are probably doing well financially. In fact, China's currency, the yuan,doesn't even posea threat to the dollar. the "release" of convicts with combat experience to bolster Kyiv's forces. This brings us to the $59 billion in earnings for the year, give or take a few billion for rounding, but its more complicated than that. InvalidArguments 12 yr. ago You can't blame police for crimes they don't stop. Learn more And, by the very nature of being a contract, we are meant to believe this is a two-way street. Rather than alleviate poverty, it creates it, due to the inflation of the money supply and the currency debasement that follows. While we may not be able to force police to care about domestic violence, we should at least require officers on school grounds to intervene when a shooter starts to kill children. Additionally, any risk of a severe downturn leading to mass layoffs likely doesnt apply to them. Men are being stopped in the street and questioned about their draft status. Trump and Kudlow, however, are not troubled by this. Now Gun Controllers Want to Give Police. Print Banking Crisis (Not the Fed) To Cause Recession? Last Wednesday, after a 24-hour search, a suspect was apprehended in the New York City Sunset Park subway shooting that . The majority opinion argued that the states affirmative duty to protect only arises if a person is in the states custody. But, genuine or not, those sentiments disappeared as the region descended into war. Directed by Scott Morse Rob Gibbs (co-director) Original airdate Late 2015 (cancelled) Cars Toons Episodes Previous "The Radiator Springs 500" Source " To Protect and Serve " is an unaired Cars Toons episode, with Scott Morse as director, Rob Gibbs as co-director, and Mary Alice Drumm and Nicole Paradis Grindle as producers.
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