Cursing Out Police Is Perfectly Legal, But Cops Routinely Arrest , 'Whenever this is done': Uvalde police chief refusing to explain why , Qualified immunity is rooted in white supremacy and gives cops a , The Supreme Court Gives Police a Green Light to 'Shoot First and , Police Have No Duty to Protect the Public - The American Prospect , Supreme Court makes it easier to sue the police for malicious . 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. Specie is defined as Coin having gold or silver content; or refined gold or silver bullion that is coined, stamped, or imprinted with its weight and purity; and valued primarily based on its metal content not its form., The measure continues, Specie or legal tender shall not be characterized as personal property for taxation or regulatory purposes., To remove any doubt of the legislatures intent, HB 1718 explicitly states, the exchange of one type or form of legal tender for another type or form of legal tender shall not give rise to any tax liability, and, the purchase, sale, or exchange of any type or form of specie shall not give rise to any tax liability.. . For one, deficit spendingwhether for elective wars or welfare programsmust always be paid for, either in the form of price inflation (i.e., the inflation tax), or in terms of future ordinary taxation. CIA Front Threatens Color Revolution in Georgia, How Israeli cyber weapons are taking over Latin America. None of those things is going to happen without first experiencing a wakeup call on the level of losing currency reserve status. The answer is no. 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? 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. But as courts have determined, they have no obligation to do that. The Kremlin'sapproachhas been to transition to a digital platform. Of course, if police dont follow up on the warnings, this law doesnt do much good. This status for the dollar does indeed allow the regime to more recklessly inflate the dollar and increase deficits. Some found they could avoid the summons by staying away from their official addresses. Not a single one of those cops, armed with deadly weapons and trained for exactly such a dangerous scenario, entered the school to confront the shooter. [Read More: "Why the Dollar Still Beats the Euro and the Yuan" by Ryan McMaken.]. All four cops stayed outside the school with their weapons drawn (three of themhid behind their police cars). The correct answer is that the Fed should be abolished, but this will not happen anytime soon. credit union offices for your banking needs. This is especially the case when the dollar is unbacked by any commodity like gold, and is simply a floating fiat currency that can be inflated at the will of the regime at any time. It is fast becoming a government of the rich, by the elite, for the corporations, and its rise to power is predicated on shackling the American taxpayer to a life of indentured servitude. Never mind the $16 billion dollar loss that was Never mind the $16 billion dollar loss that was capitalized, lets start with the $1.2 trillion dollar loss that never happened, as Page 43 explains: Under the column: Change in cumulative unrealized gains is the total of $1,208,223 (in millions), or $1.2 trillion, in a loss position. All they have is the ability to print more money and lower rates, so its difficult to imagine "low" inflation during any alleged recovery. Cops in America may get paid by the citizenry, but they dont work for us. The public therefore receives no details as to how the Board of Governors spent this $2 billion. 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. If cities and states want their police to be more respected,. 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. This rush for US debt pushes down the interest rate at which the US government must pay on its enormous $30 trillion debt. If Police Dont Have to Protect the Public, What Good Are They? The effective date is July 1, 2023. Police cars no longer say to serve and protect, is that - Reddit 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. So, the next time you see a police car roll by with "To Protect and Serve" emblazoned on the door, keep in mind they have no constitutional obligation to do that. Mind you, by government, Im not referring to the highly partisan, two-party bureaucracy of the Republicans and Democrats. Russia has also had an issue tracking down new conscripts. For all of us independent news organizations, its no exception. One of my favorite aspects of the job as U.S. Attorney is that I get to work side-by-side with our federal, state, and local law enforcement partners every day. On the big screen, the military coup is foiled and the republic is saved in a matter of hours. Isnt that the definition of a caregiver required to act? 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. If Police Don't Have to Protect the Public, What Good Are They? 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. Most recently, Tennessee ended this tax in 2022, and Arkansas and Ohio eliminated this tax in 2021. It continues to appear on the Department's patrol cars as a symbol of commitment to service. 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. Police cars no longer say to serve and protect, is that because it was a lie that has become . 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. 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. Most recently, the U.S. Court of Appeals for the 11th Circuitupheld a lower court rulingthat police could not be held liable for failing to protect students in the 2018 shooting that claimed 17 lives at Marjorie Stoneman Douglas High School in Parkland, Florida. Trump and Kudlow, however, are not troubled by this. Understandably so, considering that if taxpayers own gold or silver to protect themselves against the devaluation of Americas paper currency, thanks to the inflationary practices of the Federal Reserve, they frequently end up with a nominal gain when exchanging those metals back into dollars. 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. By 2009 over $1 trillion was held there, and in 2021 over $4 trillion. 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. 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. Is it okay if police use their discretion with arrest warrants? Since cops didnt search his room, they didnt see any criteria to commit him or intervene. Laws vary from state to state but police have a legal obligation to render aid and stop crime. But the war in Ukraine offers a window into what conscription looks like in today's day and age. The fact that the Fed has the power to enact this change, literally tomorrow, but continues not to, speaks volumes. Do the Police Have an Obligation to Protect You. 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. 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. 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. 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. 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. Truly, therewould be a revolution before tomorrow morningif everyone understoodwhat government has done to our money. CurrentlyArkansasisranked 30thout of 50 in the2023 Sound Money Index. With the stroke of Gov. That means higher interest rates for the US government and less of an ability to finance the welfare-warfare state by inflating the currency. Yes, these are the very same banks the Fed regulates and bails out on occasion. Banking Crisis (Not the Fed) To Cause Recession? That could have created conditions for a duty to rescue. Every year we must also be reminded that the Board of Governors operating expenses and currency costs continue to be concealed and receive absolutely no note disclosure in the statements. Much of the case law we have on a police officers ostensible duty to protect comes from domestic abuse or sexual violence cases. This helps explain their Quantitative Tightening (QT) strategy. Sadder is the reasons dont matter. Its because police are no longer there to protect and serve. 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.. Keep in mind that this is just an average and rough estimate. 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. fitness centers that encourage a healthy lifestyle through exercise and indoor and outdoor sports. Individual people have tried to sue them for not preventing a crime against them. 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. Ford says it will keep making police cars after some workers ask the AllRightsForAllPeople | You will notice police cars no longer say Meanwhile, thegovernment has been amassing an arsenal of military weapons for use domesticallyand equipping and training their troops for war. Sound money advocates are rejoicing as House Bill 1718, the Arkansas Legal Tender Act has become the law in the Natural State. In 2014, Elliot Rodgers sent his therapist a manifesto before killing six people and himself. The words define the mission of the. Police Officers Threaten to Quit If the Public Keeps Demanding Accountability, Police: We're the Experts Don't You Dare Criticize Us, Lack of Police Accountability Shows the "Social Contract" Isn't Working, The Problem with "Just Do What the Cops Say and You Won't Get Hurt", Comments for 23,000+ People Work at the Fed, It's a Good Thing for Ordinary Americans If the US Loses Reserve Currency Status, Comments for It's a Good Thing for Ordinary Americans If the US Loses Reserve Currency Status, Print It's a Good Thing for Ordinary Americans If the US Loses Reserve Currency Status, creates $8 trillion in new dollars in order to prop up US asset prices, Why the Dollar Still Beats the Euro and the Yuan, government spending in itself distorts the economy, the pound sterling lost its status as reserve currency in the 1930s, Ukraine War Offers Glimpse at Modern Conscription, Comments for Ukraine War Offers Glimpse at Modern Conscription, Print Ukraine War Offers Glimpse at Modern Conscription. the draft and forced men to fight the people of eastern Ukraine who didn't want to live under the new government in Kyiv. 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. about FindLaws newsletters, including our terms of use and privacy policy. 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. 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? 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. Also consider how ideas like liquidity crisis, lending crisis, or credit crunch, have been mentioned since the banking crisis of 2007-09. Theyre not loyal to us. Thank you. 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 conscripts have so far received worse equipment and inferior training than the volunteer forces before being sent into battle. Perspective: To Protect and Serve - A Vision for Law Enforcement This, however, can only continue until the dollar's reserve status ends or even significantly weakens. 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. 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. It remains a clear and present threat to liberty. Various calculations can be done to put more context around this and provide additional food for thought. States all over the country are waking up to the precarious condition of Americas money. 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. 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. Mass shootings have become so common I had cause to write an article explaining the link between domestic violence and mass shootings a year ago. Or only if it involves domestic violence? Dont Forget the Notes to the Financial Statements! 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. This begs the question: if the police dont have a duty to protect the public, what are we paying them for? The boom-and-bust cycle it creates, and the asset bubbles it inflates can also be attributed to this $8 trillion. And as recently as 2019, Russian President Vladimir Putinvoicedsupport for abolishing conscription. Both sides have resorted to forcing a part of the population to put their lives on the line to serve the interests of the regimes in Kyiv and Moscow. Taxing all precious metals purchases has become an outmoded and even controversial practice in the United States. 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. The lawsuit argues that Peterson was in the role of a caregiver and so had a special relationship to act. 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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. 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. There were four armed police officers, including one cop who was assigned to the school as a resource officer, on campus during that shooting. 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. Its the same reason why the Trump Administration has made aconcerted effort to expand the police states powerto search, strip, seize, raid, steal from, arrest and jail Americans for any infraction, no matter how insignificant. This loss represents the decline in fair market value of the Feds US Treasuries and Mortgage-Backed Securities (debt) holdings. At this point, however, how wefeel about it is irrelevant. When the Fed eventually pursues the road to profitability via Quantitative Easing, it will come with devastating consequences. The purpose of this universal language of assistance is to: Enhance officer and public safety by reducing the likelihood of road accidents. If you would like additional information or have questions related to this article, please contact Lauren at 512.322.5808 or lsprouse@lglawfirm.com. So it would appear that police, upon realizing that people. Until recently, officials could only deliver draft notices to someone's home address. The cameras are on, the microphones aren't. When the officer pushes the "record" button on the bodycam, the microphone activates, and the sile. But what does it mean to say the Fed owns (rounding down) $8 trillion in UST and MBS? History of the Austrian School of Economics. Justices said the police had no such duty. 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. This latest decision adds to a growing body of case law establishing that government agencies including police agencies have no duty to provide protection to citizens in general: 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. 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. Passage of this measure will increase the states ranking dramatically. 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. 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. new conscripts wherever they may be. In 2022 the Fed paid about $4 billion in salaries in addition to the$1 billion it paid in pension costs. The Supreme Court has ruled that cops have 'no specific legal duty to Police occasionally face consequences for their actions, like when Minneapolis officer Derek Chauvin was convicted of murdering George Floyd. The Public Duty Doctrine, or Duty to Rescue, only applies when there is a special relationship.. 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. 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. 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. In its response to employees, the automaker said it would continue providing these vehicles. Almost two decades ago the Fed started paying interest on bank reserves. It has never been painted on most p. The majority opinion argued that the states affirmative duty to protect only arises if a person is in the states custody. Tate Reevess pen on Wednesday, Mississippi has become the 43rd state in the country to end sales taxes on the purchase of physical gold, silver, platinum, and palladium coins and bullion. In 2022 the US government paid the Fed $116 billion, and mortgage holders paid $54 billion, meaning $170 billion total revenue came from the public. 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. The benefits beyond the standard salary and pension are numerous. Under HB 1718, the era of taxing gold and silver in Arkansas has come to an end. All in all, reserve status for the dollar meansa lot more US government spending. Why are police no longer respected? What happened to Protect and Serve? 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. 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. A passenger looks out at the 36th Street subway station on April 13, 2022, where a shooting attack occurred the previous day. 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. It seems like now the only ones they are serving and protecting are themselves while leaving the public in fear. 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. 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. Comments for Banking Crisis (Not the Fed) To Cause Recession? At FindLaw.com, we pride ourselves on being the number one source of free legal information and resources on the web. To the average person, the system works for them so theres no need to ask too many questions. To Protect and Serve: Policing Your Intellectual Property Meeting with a lawyer can help you understand your options and how to best protect your rights. Nonetheless, Total operating expenses amounted to $9 billion, meaning that administration consumed around 5% of the Feds revenue.
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