June 11, 2020 at 2:10 p.m. In return, these government agents will provide services. Assist in high visibility policing to reassure the public and enhance potential deterrent benefits. 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. What is the Austrian School of Economics? Senate Bill 2862, sponsored by Sen. Juan Barnett (D-34), had Senate Bill 2862, sponsored by Sen. Juan Barnett (D-34), had passed out of the full senate by a vote of 52-0 and sailed through the House of Representatives by a vote of 115-0. 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. It seems all so welcoming, reinforced by Chair Jerome Powells inspirational 2-minute-long video on the importance of diversity. In 1976, in Tarasoff v. Regents of University of California, the Supreme Court of California ruled that mental health professionals have a duty to protect people who are being threatened with harm by a patient. Thank you. The Arkansas Legal Tender Act, introduced by Reps. Lundstrum (R - 18) and Sen. Dismang (R - 18), passed overwhelmingly out of the House by a vote of 82-8, passed unanimously out of the Senate with a 32-0 vote, and ultimately received Governor Sarah Huckabee Sanders signature on April 11. 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. In a 6-3 decision, the Supreme Court ruled that the due process clause of the 14th Amendment only protects against actions by the state not actions by private individuals (in this case, the abusive father). And embracing the inherent danger of policing is supposed to be part of the ethos of protecting citizens from. There is another expense line item called: Other Items of Income (Loss), but this is only $220 million, therefore negligible. Its not just the drones,fusion centers, license plate readers, stingray devices and the NSA that you have to worry about. Police have no responsibility to protect individuals (reference) Men are being stopped in the street and questioned about their draft status. 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. Men caught. Today, over a year into the invasion, Ukraine is relying more on conscripts as their losses mount. 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. Trump and Kudlow seemingly can't tell the difference between what is good for the US government, and what is good for the people. They also prevented others from intervening. To protect and serve is not just a slogan for police cars Comments for Banking Crisis (Not the Fed) To Cause Recession? [Read More: "Why the Dollar Still Beats the Euro and the Yuan" by Ryan McMaken.]. 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. Dont Forget the Notes to the Financial Statements! The Uvalde, Texas, School District Police Department has received withering criticism for its failure to stop a school gunman who shot and killed 19 children and two teachers. The lawsuit argues that Peterson was in the role of a caregiver and so had a special relationship to act. credit union offices for your banking needs. The sight of police clad in body armor and gas masks, wielding semiautomatic rifles and escorting an armored vehicle through a crowded street, a scene likened to a military patrol through a hostile city, no longer causes alarm among the general populace. In the American police state, police have a tendency to shoot first and ask questions later. New York, 22 N.Y.2d 579,293 N.Y.S.2d 897, 240 N.E.2d 806 (1958). 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. the draft and forced men to fight the people of eastern Ukraine who didn't want to live under the new government in Kyiv. In fact, police dont usually need much incentive to shoot and kill members of the public. No one knows how bad it will get, and how large the Fed response will be, but dont expect a mild response any more than a soft landing. 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. 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. Survivors of a school massacre already unsuccessfully tried to sue police for not acting after the Parkland shooting. It happened fairly quickly, but over the course of one week in March, the Fed expanded its balance sheet by $300 billion, and then $100 billion the following week. Less than a year later, the new Western-backed Ukrainian governmentreinstatedthe draft and forced men to fight the people of eastern Ukraine who didn't want to live under the new government in Kyiv. As instructed by legislation, after paying out 65% of its earnings for interest payments and administrative fees, it then paid out $1.209 billion as dividends to the banks who own capital stock at the Fed. The taxpayers are required to submit to a government monopoly on force, and to pay these agencies taxes. Its all arbitrary, but anything less than 4.9% would be an improvement. 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 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 . Connect toPower & MarketviatwitterandRSS. On the other, seldom talked about side of the balance sheet, are the liabilities: The liabilities primarily consist of money the Fed owes to others. 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. There are real-world harms that follow from the myths perpetuated by police unions. His therapist called his family who begged police to check on him. This is the hidden face of a government that has no respect for the freedom of its citizenry. As of Thursdays release, their deferred asset stood at $50 billion. Additionally, any risk of a severe downturn leading to mass layoffs likely doesnt apply to them. Other key supporters in the Mississippi legislature included Rep. Jody Steverson (R-4), Rep. Jill Ford (R-73), and Sen. Chad McMahan (R-6). The Kremlin'sapproachhas been to transition to a digital platform. Epson, you earn a gold star. Isnt that the definition of a caregiver required to act? But what happens when those police agencies don't protect and serve? There are about 23,000 people too many, working in the Federal Reserve System. It's about increasing US government power in the name of fighting the latest foreign "axis of evil.". Not a subscriber? Perspective: To Protect and Serve - A Vision for Law Enforcement Stay up-to-date with how the law affects your life. Since the Fed does not recognize losses, the loss of $16 billion (earned $59 billion but remitted $76 billion) was capitalized as a deferred asset. "To Protect and to Serve" became the official motto of the Police Academy, and it was kept constantly before the officers in training as the aim and purpose of their profession. 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. Police Have No Duty to Protect the Public - The American Prospect Police cars no longer say to serve and protect, is that because it was a lie that has become . 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. The women who had called police on account of intruders being in their houses, and then spending the next 14 hours being raped, werent owed the specific duty of police officers to protect them. Sound money advocates are rejoicing as House Bill 1718, the Arkansas Legal Tender Act has become the law in the Natural State. The purpose of this universal language of assistance is to: Enhance officer and public safety by reducing the likelihood of road accidents. None of those things is going to happen without first experiencing a wakeup call on the level of losing currency reserve status. 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. Considering a school district police officer was on the scene before the shooter even entered the school, why did it take so long to end the shooting? 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. Dividing this figure by 23,000 people equals around $304,000 per employee. 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). 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. Letter: No mention of serving all in California's police oath 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 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. 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 draft may lie dormant in the U.S., but that assumption remains. But, genuine or not, those sentiments disappeared as the region descended into war. A 10 p.m. curfew was in effect, April 28, 2015 (AP/David Goldman). And who exactly do they serve if not you and me? Nearly 20 officers waited in the hallway outside the classroom in which the shooter was killing students and teachers. 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. {{ post.roar_specific_data.api_data.analytics }}. Chapter 943 of Florida Statutes clarifies that all law enforcement officials have a primary responsibility to detect and prevent crime. 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. Mind you, by government, Im not referring to the highly partisan, two-party bureaucracy of the Republicans and Democrats. Nonetheless, the meeting closes. Weve been told that cops need extra legal protections because of the risks they take. Why do we have more than a million cops who have beenfitted out in the trappings of war, drilled in the deadly art of combat, and trained to look upon every individual they interact with as an armed threat andevery situation as a deadly force encounter in the making? A profitable Fed may be even more dangerous than an unprofitable Fed. Click here. Required and excess reserve balances no longer exist, theyve been combined into reserve balances, and so, as the Feds FAQ shares: The Federal Reserve Banks pay interest on reserve balances. The boom-and-bust cycle it creates, and the asset bubbles it inflates can also be attributed to this $8 trillion. Moscow's forces still control . Its quite tiny but Footnote 3 above refers to the $1.2 trillion loss, as follows: Because SOMA securities are recorded at amortized cost, the change in the cumulative unrealized gains (losses) is not reported in the Combined Statements of Operations. 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. John W. Whitehead has taken on everything from human rights abuses in Saudi Arabia, protection of religious freedom, and child pornography, to family autonomy issues, cross burning, the sanctity of human life, and the war on terrorism in his weekly opinion column. The Federal Reserve Bank of Richmond tells us Milton Friedman (not an Austrian) advocated for this over 40 years ago. Comments for Dont Forget the Notes to the Financial Statements! 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. As for the balance sheet, readers should be familiar with the chart, as of yesterdays release it stood at $8.593 billion, per below: Further details are on page 6 of the financial statements, showing a year-end 2022 balance sheet, only four months ago, of $8.569 billion. Laws vary from state to state but police have a legal obligation to render aid and stop crime. Last year nearly $4 billion went to salaries and benefits and another $1 billion into the pension plan. According to the 2021 budget, the actual amount was 23,517. Until recently, officials could only deliver draft notices to someone's home address. Police do not need guns. 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. 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. Unfortunately, last month gave the world a glimpse of what is to come inthe next recovery. To answer the initial question: How bad is it? Body cams are recording at all times, but without sound. Unfortunately, we the people dont get to call the shots anymore. Custody is narrowly confined to situations where a person loses his or her freedom to move freely and seek assistance on their own such as prisons, jails, or mental institutions., The US Supreme Court has made it clear that law enforcement agencies are not required to provide protection to the citizens who are forced to pay the police for their "services.". The benefits beyond the standard salary and pension are numerous. 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. 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. Men caughtbreaking curfewand getting intostreet fightshave received conscription notices after being detained by police. 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. The past year has been the most arduous of our lives. But theres more to it than that. 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. 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. We know students kept calling. Its because police are no longer there to protect and serve. 120,000 were conscripted last Fall. For all of us independent news organizations, its no exception. 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. In both of these court cases, clear and repeated threats were made against the safety of children but government agencies chose to take no action.
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