and a Fine Arts program for appreciation of the cultural arts. We see $2.889 trillion in repurchase agreements, i.e., money owed to financial institutions and $2.684 trillion owed to depository institutions, which the Fed pays interest on. The good news is such a wakeup callwill weaken the US regime, potentially forcing policymakers to embrace a more sane fiscal and monetary policy. Weve been told that cops need extra legal protections because of the risks they take. We need your support in this difficult time. A profitable Fed may be even more dangerous than an unprofitable Fed. None of this is good for the productive people in the US. 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. new conscripts wherever they may be. 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. June 11, 2020 at 2:10 p.m. If this constitutes salaries, then total salaries and pension costs at the Fed become closer to $7 billion. And we no longer live in a constitutional republic. There are about 23,000 people too many, working in the Federal Reserve System. Nearly 20 officers waited in the hallway outside the classroom in which the shooter was killing students and teachers. Back in2008, an Army War Collegereport revealed that widespread civil violence inside the United States would force the defense establishment to reorient priorities in extremis to defend basic domestic order and human security. The 44-page report went on to warn that potential causes for such civil unrest could include another terrorist attack, unforeseen economic collapse,loss of functioning political and legal order, purposeful domestic resistance or insurgency, pervasive public health emergencies, and catastrophic natural and human disasters.. 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 . In 2022 the Fed paid about $4 billion in salaries in addition to the$1 billion it paid in pension costs. This, however, can only continue until the dollar's reserve status ends or even significantly weakens. The brunt of the Feds assets are US Treasuries (UST) of $5.729 trillion and Mortgage-Backed Securities (MBS) of $2.697 trillion, accounting for 98% of the total. The events of recent years have only served to desensitize the nation to violence, acclimate them to a militarized police presence in their communities, and persuade them that there is nothing they can do to alter the seemingly hopeless trajectory of the nation: the invasive surveillance, the extremism reports, the civil unrest, the protests, the shootings, the bombings, the military exercises and active shooter drills, the color-coded alerts and threat assessments, the fusion centers, the transformation of local police into extensions of the military, the distribution of military equipment and weapons to local police forces, the government databases containing the names of dissidents and potential troublemakers. Now, with the passage of HB 1718, Arkansas becomes the 11th state also to end capital gains taxes as applied to the sale of gold and silver (with some of those states simply having no income taxes in the first place). Be recognizable as a police vehicle up to a distance of 1,600 ft. in normal daylight. PNP Change of Command Ceremony and Retirement Honors for Police General They also prevented others from intervening. Chief of the Philippine National Police, retirement | 297K views, 1.1K likes, 812 loves, 1K comments, 873 shares, Facebook Watch Videos from Radio Television Malacaang - RTVM: President Ferdinand R.. It seems like now the only ones they are serving and protecting are themselves while leaving the public in fear. 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. 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. Men caught. This is done in a roundabout way using intermediaries, but in effect the Fed finances the US government and mortgages by increasing the supply of money and credit. Most of the money the Fed creates is used to buy assets, which typically means buying debt. Old police motto: 'protect and serve' now 'comply or die' Draft notices are sent out electronically and are considered delivered immediately, meaning the man is instantly on the clock for reporting to his local recruitment office. This measure builds on momentum on sound money from previous Arkansas legislative sessions. And even though the program is all set to fire right back up with a word from the president, there's a sense that the draft is an issue from a different era. In fact, as Robert Murphy notes, this inflation-fueled demand for US assets will be "heavily tilted toward debt (rather than equity in growing companies)." Sadder is the reasons dont matter. The above should be considered a national scandal, but it gets better once the expenses are understood. On the big screen, the military coup is foiled and the republic is saved in a matter of hours. This isn't about protecting your wealth or reining in government power. 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. The taxpayers will still have to pay their taxes and submit to police agencies as lawful authority. These interests rarely coincide, however, and they certainly don't when it comes to reserve currency status. 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. Rounding out the expenses are the administrative costs of running a central bank. And so, its probably time to consider putting an end to this nearly two-decade long experiment of transferring wealth from the poor and middle class to the rich and powerful. 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. With interest rates this high it becomes difficult to imagine when the Fed will start to have positive income and remit money to the Treasury again. We know the first 911 call occurred before he even entered the building. Conversely, its odd then that the Fed borrows from and pays interest to banks. . Are police vehicles constantly recorded to see everything they do and say? The law doesnt require cops to protect the public. The Supreme Court has ruled that cops have 'no specific legal duty to (8) "Law enforcement agencies and personnel have no duty to protect individuals from the criminal acts of others; instead their duty is to preserve the peace and arrest law breakers for the protection of the general public." The ruling applies even for a woman who had obtained a . Click here. Every one of Mississippis neighbors (Alabama, Louisiana, Kentucky, and Tennessee) had already stopped taxing the monetary metals. 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. Other key supporters in the Mississippi legislature included Rep. Jody Steverson (R-4), Rep. Jill Ford (R-73), and Sen. Chad McMahan (R-6). 120,000 were conscripted last Fall. 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. It continues to be a costly endeavor. Is it true or false that police are no longer required to protect and Its because police are no longer there to protect and serve. 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. 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. With the stroke of Gov. Passage of this measure will increase the states ranking dramatically. Men are being stopped in the street and questioned about their draft status. Often, discussion about the dollars reserve status creates a false dichotomy between total domination of the global monetary system on one hand and complete abandonment of the dollar on the other. The question is: How bad is it? This produces no net benefit sincegovernment spending in itself distorts the economy, drives up prices, and otherwise redistributes wealth according to political considerations, rather than according to the needs of consumers and entrepreneurs. Most recently, Tennessee ended this tax in 2022, and Arkansas and Ohio eliminated this tax in 2021. 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 first advantage is reserve currency status brings a greater global demand for dollars. Earlier this month, Larry Kudlow insisted that it is "it's incumbent on the U.S. government, no matter who's in power, to maintain the reserve currency status of the dollar." The yuan is a fifth-place also-ran in the currency race. But the war in Ukraine offers a window into what conscription looks like in today's day and age. When this $2 trillion is contrasted against the M2 money supply of $21 trillion, its safe to say that our money has never been in the bank. 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. "Neither the Constitution, nor state law, impose a general duty upon police officers or other governmental officials to protect individual persons from harm even when they know the harm will occur," said Darren L. Hutchinson, a professor and associate dean at the University of Florida School of Law. credit union offices for your banking needs. 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. 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. After all, even after the pound sterling lost its status as reserve currency in the 1930s, it did not disappear. Tu ne cede malis,sed contra audentior ito, Website powered by Mises Institute donors, Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Print Banking Crisis (Not the Fed) To Cause Recession? This gain is often a nominal gain because of the slow but steady devaluation of the Federal Reserve note dollar. What would happen if the Fed simply stopped paying interest to banks? However, it has become increasingly clear that in far too many police forces those words have been twisted beyond recognition. Copyright 2023, Thomson Reuters. Mind you, by government, Im not referring to the highly partisan, two-party bureaucracy of the Republicans and Democrats. It doesnt bode well that stopping interest payment on reserves or at least reducing the 4.9% rate is not being considered as a viable solution. For the record, any police officer who tells you that he needs tanks, SWAT teams, and pepper spray to do his job shouldnt be a police officer in a constitutional republic. In the American police state, police have a tendency to shoot first and ask questions later. Survivors of a school massacre already unsuccessfully tried to sue police for not acting after the Parkland shooting. Its not just the drones,fusion centers, license plate readers, stingray devices and the NSA that you have to worry about. Prefer to give a one-time tip? Other countriesthat feel the need to flex their military muscles to its citizens and the rest of the world include France, China, Russia and North Korea. Backed by the Sound Money Defense League, Money Metals Exchange, and in-state Mississippi dealers and investors, this years legislative effort built upon a multi-year grassroots campaign waged by sound money activists. 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. Contributions are tax-deductible to the full extent the law allows. To protect and serve is not just a slogan for police cars As I point out in my bookBattlefield America: The War on the American People, Im referring to government with a capital G, the entrenched Deep State that is unaffected by elections, unaltered by populist movements, and has set itself beyond the reach of the law. The interest earned on US Treasuries and Mortgage-Backed Securities accounts for nearly 100% of the Feds revenue. Thats a done deal. The life-and-death nature of the job is used to push for extremely generous medical leave, overtime, and pay packages. This misplaced patriotism about police and, by extension, the militarya dangerous re-shifting of the nations priorities that has been reinforced by President Trump with his unnerving knack for echoing past authoritarian tacticspaves the way for even more instability in the nation. Outside the school, more police officers prevented parents from entering and ignore their desperate pleas. Men are being stopped in the street and questioned about their draft status. Rather, they have become "law enforcement officers". Terms of Service apply. People need guns. The Federal Reserve Bank of Richmond tells us Milton Friedman (not an Austrian) advocated for this over 40 years ago. 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. 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. The U.S. Supreme Court has also ruled that police have no specific obligation to protect. Laws vary from state to state but police have a legal obligation to render aid and stop crime. At the same time, conscription appears to have been implemented as a new form of punishment. 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. It has even gone on to fight proxy wars, funded drone strikes across the globe, as well as post-secondary education. Battenburg cars. 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. Lauren is a registered patent attorney who represents clients in all phases of litigation. 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. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. The motto is there or it is not based on what jurisdiction you are in. Its true what they say about following the money. Ending income / capital gains taxes on precious metals sales is becoming more popular. Comments for Round 2: Reading the Feds Balance Sheet, Print Round 2: Reading the Feds Balance Sheet, How to Read the Feds Statement of Operations, Comments for How to Read the Feds Statement of Operations, Print How to Read the Feds Statement of Operations, Mississippi Becomes the 43rd State to End Sales Taxes on Gold and Silver, Comments for Mississippi Becomes the 43rd State to End Sales Taxes on Gold and Silver, Print Mississippi Becomes the 43rd State to End Sales Taxes on Gold and Silver, Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver, Comments for Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver, Print Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver. "Protect And Serve" Now Means "Protect" Officers And "Serve" The Force terrorists) and called on the government to subject such targeted individuals to full-fledged pre-crime surveillance. It starts with $102 billion paid to banks which park and lend their money to the Fed. police cars no longer say to protect and serve In the cases DeShaney vs. Winnebago and Town of Castle Rock vs. Gonzales, the supreme court has ruled that police agencies are not obligated to provide protection of citizens. One can only hope that those within the Board of Governors know exactly what theyre doing, and simply dont care about the capital destruction, currency debasement, and boom-bust cycle they create; if not, then the conclusion becomes much more terrifying. 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. Since police officers have stopped cooperating, and have offered contradictory information, we will probably never know. Police cars no longer say to serve and protect, is that - Reddit Time lost by delayed action is likely to result in additional casualties.". We know the Uvalde shooter wasnt stopped by a police officer outside the school before entering. 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. The Kremlin'sapproachhas been to transition to a digital platform. Related bills to restore sound,constitutional money have also been introduced this year inAlaska, Iowa, West Virginia,South Carolina,Missouri,Minnesota,Tennessee, Montana, Idaho, Wyoming, Kansas, and more. 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. Nonetheless, the meeting closes. I never thought Id agree with Border Patrol but apparently local cops were so derelict Im forced to. Why are police no longer respected? What happened to Protect and Serve? Try us and go ad-free for $1. CIA Front Threatens Color Revolution in Georgia, How Israeli cyber weapons are taking over Latin America. The "shopcam" recordings seen on The Rookie are an invention for that show. A Fed that does not pay interest on reserves would bring us a step closer to such a market. The public therefore receives no details as to how the Board of Governors spent this $2 billion. Police no longer consider their responsibilities to include "protecting and defending" the rights of the people. 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." They work hard at an extremely dangerous job. Now before your outrage bubbles over, consider that the U.S. Supreme Court has repeatedly affirmed (most recently in 2005) thatpolice have no constitutional duty to protect members of the public from harm. 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. executive director of the National Tactical Officers Association, said, International Association of Chiefs of Police. Therapists can notify the police or the intended victim to discharge this duty. 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. WASHINGTON, June 27 - The Supreme Court ruled on Monday that the police did not have a constitutional duty to protect a person from harm, even a woman who had obtained a court-issued protective. Nevertheless, we are told there is an agreement here a "social contract" between government agencies and the taxpayers and citizens. Last year nearly $4 billion went to salaries and benefits and another $1 billion into the pension plan. Posted on June 8, 2022 ; in pete davidson first snl episode; by Steady income, great benefits, probably not too much stress, and likely have little risk of being fired over things such as failure to meet profitability targets. 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." The conscripts have so far received worse equipment and inferior training than the volunteer forces before being sent into battle. New York, 22 N.Y.2d 579,293 N.Y.S.2d 897, 240 N.E.2d 806 (1958). Police do not need guns. Police Have No Duty to Protect You, Federal Court Affirms Yet Again All eligible men are required to register through an online government portal. In its response to employees, the automaker said it would continue providing these vehicles. 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. With strong support from the Sound Money Defense League and grassroots activists, Arkansas passed SB 336 in 2021, ending state sales taxes on purchases of gold and silver. After serving their time as active duty soldiers, Ukrainian conscripts remained in a reserve status, eligible to be recalled until the age of 55. Police cars no longer say to serve and protect, is that because it was a lie that has become apparently obvious in the recent years. 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. Sure, the Supreme Court won't enforce them, but maybe a few officers will listen anyway. 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 they certainly arent operating within the limits of the U.S. Constitution. However, a financial statement review would not be complete without a look at the fine print. Unfortunately, families of the victims have little legal recourse against the police because police officers are typically protected from lawsuits byqualified immunity. A more likely scenario is that the dollar will weaken considerably but will remain among the most often used currencies. The fact that the Fed has the power to enact this change, literally tomorrow, but continues not to, speaks volumes. To Serve And Protect - Police Forums & Law Enforcement Forums Is Charging Parents in High School Shooting a New Legal Strategy? police cars no longer say to protect and serve His therapist called his family who begged police to check on him. The myth of the hero cop really is a myth. This loss represents the decline in fair market value of the Feds US Treasuries and Mortgage-Backed Securities (debt) holdings.