It has even gone on to fight proxy wars, funded drone strikes across the globe, as well as post-secondary education. While theyre not wrong about the upcoming recession, they might be overly optimistic about their response to the recession. Be recognizable as a police vehicle up to a distance of 1,600 ft. in normal daylight. Shortly after the February invasion, Russia held its spring draft andconscripted134,500 people. Weve been losing our freedoms so incrementally for so longsold to us in the name of national security and global peace, maintained by way of martial law disguised as law and order, and enforced by a standing army of militarized police and a political elite determined to maintain their powers at all coststhat its hard to pinpoint exactly when it all started going downhill, but were certainly on that downward trajectory now, and things are moving fast. Nonetheless, the meeting closes. In theenduring wordsof 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.". The motto is there or it is not based on what jurisdiction you are in. Thank you. As of Thursdays release, their deferred asset stood at $50 billion. InvalidArguments 12 yr. ago You can't blame police for crimes they don't stop. Its almost as if the Fed only makes money when it expands its balance sheet, meaning the only way out of this is to inflate the money supply. Cops have no specific legal duty to individuals. Why did Canadian police cars become so menacing? In the case of police action in Uvalde, there are many possible legal strategies by which to hold them accountable. The chart below shows Reserves held at the Fed since 1959: The reserves balance held at the Fed didnt fluctuate for decades and then suddenly banks started keeping a lot more money at the Fed. A Fed that does not pay interest on reserves would bring us a step closer to such a market. The question is no longer whether the U.S. government will be preyed upon and taken over by the military industrial complex. Men are being stopped in the street and questioned about their draft status. Is Charging Parents in High School Shooting a New Legal Strategy? In their dissenting opinion, Justices John Paul Stevens and Ruth Bader Ginsburg said, "it is clear that the elimination of police discretion was integral to Colorado and its fellow states' solution to the problem of underenforcement in domestic violence cases." Most insidious of all, the exaggerated danger and trumped-up heroism drives an us-versus-them mentality that suffuses contemporary big-city policing and bleeds into the criminal justice system, causing systemic imbalances that chronically favor the police over citizens. The Fed must slowly shrink its balance sheet by around $80 billion or so a month, as weve seen it do this year, in order to mitigate losses; and so, the mystery of QT is nothing more than the Fed buying time before a system failure occurs. Of course, if police dont follow up on the warnings, this law doesnt do much good. Too often they appear to mean, to protect officers and serve the police force.Force Protection has become the primary motivating force for many in the Police. 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. That would require intervention as schools are gun-free zones.. And while young American men are still forced to register with the Selective Service, we have been fortunate to go without a draft for half a century, despite Washington's hyper-aggressive January 27th of this year marked fifty years since the draft was officially suspended in the United States. It has gone all the way to the Supreme court, which decided there was no constitutional duty to protect that person. Is it true or false that police are no longer required to protect and In the real world, however, the plot thickens and spreads out over the past half century. It's about increasing US government power in the name of fighting the latest foreign "axis of evil.". Only $446 billion was held in the Treasurys general account. Mind you, by government, Im not referring to the highly partisan, two-party bureaucracy of the Republicans and Democrats. The Mississippi sales tax on gold and silver had been discouraged citizens fromprotecting their savings against the devaluation of the dollar or driving them to look for out-of-state options. One of the most dishonest headlines of the week goes to CNBC: Fed expects banking crisis to cause a recession this year, minutes show. After all, even if the US central bank (the Federal Reserve)creates $8 trillion in new dollars in order to prop up US asset prices, much of the world will take those dollars out of US domestic markets, and this will reduce price inflation in the USat least in the short term. The law doesnt require cops to protect the public. But it makes sense because anyone having the ability to create trillions of dollars on demand probably wouldnt keep trillions of dollars in a secured vault either. 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. As deficit spendingincreases, the economy is flooded with ever larger amounts of government debt backed up by tax dollars. In 2013, Ukrainian President Viktor Yanukovychabolishedconscription. In the meantime, the world will have been flooded with dollars. All in all, reserve status for the dollar meansa lot more US government spending. Last week, I wrote about the radicalization of young men and the way gun manufacturers prey on this to sell guns to men under 21. In this way, the old police motto to "protect and serve" has become "comply or die.". Rather, the fault will liewith the decades of monetary and fiscal mismanagement made possible by the dollar's status as global reserve currency. 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. Justices Rule Police Do Not Have a Constitutional Duty to Protect The lawsuit argues that Peterson was in the role of a caregiver and so had a special relationship to act. This would not necessarily destroy the dollar or the US economy, but it would certainly constrain the US regime's ability to pile on another trillion dollars worth of debt without the true costs of mounting debt becoming abundantly clear. It reads: On a weekly basis, if earnings become less than the costs of operations, payment of dividends, and reservation of an amount necessary to maintain the aggregate surplus limitation, the Reserve Banks suspend weekly remittances to the Treasury and record a deferred asset. His therapist called his family who begged police to check on him. Yes there are a VERY FEW law enforcement officers who don't do the very best they can for American citizens. The Supreme Court has ruled that cops have 'no specific legal duty to That is, what happens when one party in this alleged social contract doesn't keep up its end of the bargain. See below: Going back to the initial remark of embezzlement of public funds. Ultimately, thismeans the US regime can hoodwink the voters into accepting more monetary inflation, more financial repression, and more debt for many years before domestic price inflation becomes a political problem for the regime. "Our bill will help protect police by increasing penalties for the criminals who target them." The Protect and Serve Act would support law enforcement officers by: Making it a federal crime to knowingly cause, or attempt to cause, serious bodily injury to a law enforcement officer. In the case of police agencies, these services are summed up by the phrase "to protect and serve" a motto that has in recent decades been adopted by numerous police agencies. This shouldn't surprise us given many of the narratives surrounding the dollar's statuswhich focus on China and Chinese geopolitical power as the main reason to fear a decline of the dollar. 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 havedisputedthis. 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. For years now, weve been told that cops need military weapons to wage the governments wars on drugs, crime and terror. Trump and Kudlow seemingly can't tell the difference between what is good for the US government, and what is good for the people. about FindLaws newsletters, including our terms of use and privacy policy. the draft and forced men to fight the people of eastern Ukraine who didn't want to live under the new government in Kyiv. code or county). Eliminating sales taxes on gold, silver, and other precious metals is good public policy for severalreasons: Only seven states (New Mexico, Hawaii, Wisconsin, Kentucky, Maine, New Jersey, and Vermont) still participate in the outmoded practice of taxing purchases of constitutional sound money. 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. First, I believe those who serve in the military or in law enforcement share a set of core values that enable them to serve and protect others and preserve our American way of life. To protect and serve is not just a slogan for police cars 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. Passage of this measure will increase the states ranking dramatically. January 27th of this year marked fifty years since the draft was officially suspended in the United States. 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. Under HB 1718, the era of taxing gold and silver in Arkansas has come to an end. Epson, you earn a gold star. Like the money supply, there is no upper limit on how much profit the Fed could make by simply flooding the world with trillions of additional dollars to buy every bond and possibly stock in sight. For them, it appears that the supposed importance of reserve currency status is not about economic concerns, but is really a political project. Weve covered everything thrown at us this past year and will continue to do so with your support. The conscripts have so far received worse equipment and inferior training than the volunteer forces before being sent into battle. And additional states may pass their own exemptions this year. Power & Marketis publishedCC4, unless denoted otherwise. Passage of this measure will increase the states ranking dramatically. Cops are no more noble, no more self-sacrificing, no braver and certainly no more deserving of special attention or treatment than any other American citizen. The Fed continues to place fault on the banking sector, as explained: Given their assessment of the potential economic effects of the recent banking-sector developments, the staffs projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years. In 1989, in Deshaney v. Winnebago County, the Supreme Court ruled a state government agency (in this case the Department of Social Services) didnt violate a childs right to liberty by failing to protect him from his fathers abuse. In 2021 there were over 23,000 people employed by the Federal Reserve System. And so, members of the Feds inner circle deem the banking system both sound and resilient but warn that a banking failure is ahead. A deferred asset represents the shortfall in earnings from the most recent point that remittances to the Treasury were suspended. As one commentator remarked, "'Protect and Serve' are the words we see on the side of many police cars and is the motto of most police forces. This enhancesthe US regime's ability to bribe voters with enormous welfare programs and involve the US regime in a dazzling array of wars that have nothing to do with defending US territory. The past year has been the most arduous of our lives. According to the 2021 budget, the actual amount was 23,517. Outside the school, more police officers prevented parents from entering and ignore their desperate pleas. We favor individual freedom, honest history, and international peace, in the tradition of Ludwig vonMisesand Murray N.Rothbard. Its a short hop, skip and a jump from the police state were operating under right now to a full-blown totalitarian regime ruled with the iron fist of martial law. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. 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. TermsPrivacyDisclaimerCookiesDo Not Sell My Information, Begin typing to search, use arrow keys to navigate, use enter to select, Please enter a legal issue and/or a location, (city, Realistically, they could revert to the pre-2008 policy and pay no interest, or because too many people wont like that, then at least lower the rate paid to banks to something smaller, like 1, 2, or 2.5%. After serving their time as active duty soldiers, Ukrainian conscripts remained in a reserve status, eligible to be recalled until the age of 55. Prefer to give a one-time tip? Ford has long established itself as a trusted automaker for police vehicles and provides about two-thirds of police vehicles in the U.S., according to the Free Press. The interest rate on the Feds US Treasuries held are not disclosed in its financial statements, but the interest rate on its nearly $3 trillion Mortgage-Backed Securities is: Nearly $2 trillion earns the Fed 1.5% to 2.5%, whereas the Fed pays 4.9% on the $3 trillion that banks hold on reserve. 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. Reserve currency status, by politically fostering more deficit spending, also harms those parts of the private economy that depend on private investment. Then they took down the shooter. After all, even after the pound sterling lost its status as reserve currency in the 1930s, it did not disappear. Comments for Banking Crisis (Not the Fed) To Cause Recession? To the average person, the system works for them so theres no need to ask too many questions. Few seem to care about the governments endless wars abroad that leave communities shattered, families devastated and our national security at greater risk of blowback. But what happens when those police agencies don't protect and serve? If the income statement shows how money is funneled out of the public purse, then the balance sheet shows the malicious monetary technique that turned counterfeiting into a public good. Every one of Mississippis neighbors (Alabama, Louisiana, Kentucky, and Tennessee) had already stopped taxing the monetary metals. 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. Taxing all precious metals purchases has become an outmoded and even controversial practice in the United States. 120,000 were conscripted last Fall. The taxpayers are required to submit to a government monopoly on force, and to pay these agencies taxes. 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. 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. Consequently, if the Fed wanted to sell these assets today, no one would pay as much as the Fed initially paid for them, in fact theyd pay about $1.2 trillion less. Even government agencies with largely administrative functions such as the Food and Drug Administration, Department of Veterans Affairs, and the Smithsonian have been acquiring body armor, riot helmets and shields, cannon launchers and police firearms and ammunition. CurrentlyMississippiistied for 45thout of 50 in the2023 Sound Money Index. or click here to become a subscriber. Should one choose to work from the office, on-site perks include: With 12 districts to choose from, the Federal Reserve System offers a little something to everyone: Other than for the janitorial staff (who may be contracted), there appears to be no physically demanding labor involved. Police do have protocols for dealing with dangerous situations like the ones in Uvalde and Parkland, and these protocols emphasize the need for police to take rapid action. and a Fine Arts program for appreciation of the cultural arts. None of this is good for the productive people in the US. All eligible men are required to register through an online government portal. A look backwards reveals police transportation has evolved: the first twin-engine Indian motorcycle was purchased in 1914; the first car, a 1924 Ford Runabout, which was totaled the very first week on the road in a high speed chase at 40 miles an hour. The mandatory term of military service for Russian men was rolled back to one year in 2008. Calling the response "100% flawed," Thor Eells,executive director of the National Tactical Officers Association, said, "If you're in a classroom with innocent victims and I know that shots have been fired, I need to engage you.". Nonetheless, Total operating expenses amounted to $9 billion, meaning that administration consumed around 5% of the Feds revenue. One of the problems were forced to confront when considering the role of the Federal Reserve is whether its better for the Fed to take losses and capitalize them as deferred assets, or go back to an era of Fed profitability whereby the Fed remitted money to the Treasury on a weekly basis. One of the problems were forced to confront when considering the role of the Federal Reserve is whether its better for the Fed to take losses and capitalize them as deferred assets, or go back to an era of Fed profitability whereby the Fed remitted money to the Treasury on a weekly basis. Police have a legal obligation to stop crime. A passenger looks out at the 36th Street subway station on April 13, 2022, where a shooting attack occurred the previous day. Yet the government nevertheless assesses a tax. more than half of which were women and children, plans for a military parade on Veterans Day, loss of functioning political and legal order, right-wing and left-wing activists and military veterans, government has been amassing an arsenal of military weapons for use domestically, 120,000 armed federal agents carrying such weapons, Two Decades and $90 Billion US Dollars Later: Dissecting The Afghan Militarys Total Collapse, Iran International: Inside the Saudi-Funded Network Promoting Regime Change in Iran, From Georgetown to Langley: The Controversial Connection Between a Prestigious University and the CIA, Dare Call It A Coup? 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. Indeed, there were no protests in the streets after U.S. military forces carried out air strikes on a Syrian settlement, killing 25 people,more than half of which were women and children. That term is actually a military concept which means that you do everything you can to protect the troops when planning and executing a combat mission.. While the Supreme Court cases are obviously the controlling law, it's important to note that this precedent does exist and that many states, including Connecticut, have mandatory arrest laws for domestic violence. If you would like additional information or have questions related to this article, please contact Lauren at 512.322.5808 or lsprouse@lglawfirm.com. 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. CIA Front Threatens Color Revolution in Georgia, How Israeli cyber weapons are taking over Latin America. Copyright 2023, Thomson Reuters. The notes reveal that all is not well with the Fed, and these heavy losses can be squarely attributed to its own policy. This site is protected by To answer the initial question: How bad is it? 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 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. The students filed suit, naming six defendants, including the Broward school district and the Broward Sheriffs Office , as well as school deputy Scot Peterson and campus monitor Andrew Medina. 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. What Should You Do if You Witness Police Brutality? And while young American men are still forced to register with the Selective Service, we have been fortunate to go without a draft for half a century, despite Washington's hyper-aggressive foreign policy. This $8 trillion manifests itself as an increase to the money supply since money must go somewhere and is always held by someone.