134,500 people. They dont answer to us. While we cant expect social workers to be psychic, in this case there were repeated police and social services reports of child abuse that only resulted in more social worker visits to report more child abuse. ", Police Have No Duty to Protect You, Federal Court Affirms Yet Again, Comments for Police Have No Duty to Protect You, Federal Court Affirms Yet Again, Print Police Have No Duty to Protect You, Federal Court Affirms Yet Again, had no constitutional duty to protect students who were not in custody, Police Botched the Uvalde Standoff. 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. Comments for Banking Crisis (Not the Fed) To Cause Recession? Unfortunately, we the people dont get to call the shots anymore. 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. A Fed that does not pay interest on reserves would bring us a step closer to such a market. In 2013, Ukrainian President Viktor Yanukovychabolishedconscription. 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. Almost two decades ago the Fed started paying interest on bank reserves. 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. The Reserve Banks remit excess earnings to the Treasury after providing for the cost of operations, payment of dividends, and reservation of an amount necessary to maintain surplus at the aggregate surplus limitation. 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. Meanwhile, thegovernment has been amassing an arsenal of military weapons for use domesticallyand equipping and training their troops for war. The mandatory term of military service for Russian men was rolled back to one year in 2008. But as courts have determined, they have no obligation to do that. Perhaps more importantly, a world less awash in dollars will mean a world with less demand for US assets such as US government debt. In a truly free market, a bank would have the ability to either lend money or keep it on reserve as there would be no central bank to offer a third choice. This gain is often a nominal gain because of the slow but steady devaluation of the Federal Reserve note dollar. And they certainly arent operating within the limits of the U.S. Constitution. 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. In other words, police are well within their rights to pick and choose when to intervene to protect the lives and property of others even when a threat is apparent. These interests rarely coincide, however, and they certainly don't when it comes to reserve currency status. The taxpayers are required to submit to a government monopoly on force, and to pay these agencies taxes. 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. 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. We know the first 911 call occurred before he even entered the building. 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. The war in Ukraine serves as a reminder that conscription is not extinct. 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. No matter how they do it, it will probably be extremely dangerous. None of this, however, improvesthe standard of living of Americans who pay the bills. 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 words define the mission of the police, which is to protect citizens and serve the public. As of 2014, 27 states had a mandatory duty to warn statue and nine other states allow mental health professionals to break privilege to warn possible victims. Unfortunately, last month gave the world a glimpse of what is to come inthe next recovery. But what, exactly, is a police officer's legal obligation to protect people? 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. The notes to the Feds Financial Statements read like a disclaimer at the end of an Rx drug commercial. 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. They are there to generate revenue for their towns and states. fitness centers that encourage a healthy lifestyle through exercise and indoor and outdoor sports. Nonetheless, the meeting closes. 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. 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.". This reality does belie the often-made claim, however, that police agencies deserve the tax money and obedience of local citizens because the agencies "keep us safe.". The local law enforcement delayed Border Patrol agents from entering telling them to wait. States all over the country are waking up to the precarious condition of Americas money. We need your support in this difficult time. Isnt that the definition of a caregiver required to act? Colorado Cop Sentenced to 5 Years for Breaking Old Lady's Arm and Laughing about It. The path to profitability is an easy one, consider: Last year the central bank earned $170 billion in interest revenue (paid by government and mortgage holders), then expensed $102 billion to banks, literally 60% of the Feds revenue. The taxpayers will still have to pay their taxes and submit to police agencies as lawful authority. 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.. 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. 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. The law doesnt require cops to protect the public. 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. Eventually, the Border Patrol team got a janitor to unlock the classroom door. Trump and Kudlow seemingly can't tell the difference between what is good for the US government, and what is good for the people. This, however, can only continue until the dollar's reserve status ends or even significantly weakens. In the real world, however, the plot thickens and spreads out over the past half century. Banking Crisis (Not the Fed) To Cause Recession? 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. They work hard at an extremely dangerous job. Rather than alleviate poverty, it creates it, due to the inflation of the money supply and the currency debasement that follows. It is true that police have never had a duty to protect people on an individual basis. But criminal charges against police officers who fail to protect the public areextremely rare. This site is protected by The life-and-death nature of the job is used to push for extremely generous medical leave, overtime, and pay packages. If you need police to protect you, all you can do is hope they will. Also consider how ideas like liquidity crisis, lending crisis, or credit crunch, have been mentioned since the banking crisis of 2007-09. 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. The interest earned on US Treasuries and Mortgage-Backed Securities accounts for nearly 100% of the Feds revenue. In this way, the old police motto to "protect and serve" has become "comply or die.". At the same time, conscription appears to have been implemented as a new form of punishment. the draft and forced men to fight the people of eastern Ukraine who didn't want to live under the new government in Kyiv. 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. police cars no longer say to protect and serve. The question is: How bad is it? At FindLaw.com, we pride ourselves on being the number one source of free legal information and resources on the web. [In] the years since the Sept. 11 attacks, the story of the hero cop has become so powerful and pervasive thateven questioning police behavior is decried as disloyal, un-American, and dangerous.. Terms of Service apply. Men caughtbreaking curfewand getting intostreet fightshave received conscription notices after being detained by police. 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. It begins on page 7: Revenue of $170 billion. 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. They are no longer officers whose jobs are to keep the peace. code or county). The other section deserving of consideration is on Page 24, where the deferred asset (capitalized loss) of $16 billion is explained. 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. Market contacts observed that the recent developments in the banking system will likely result in a pullback in bank lending, which would not be reflected in most common financial conditions indexes. 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. 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. However, a similar lawsuit against the school cop, Scot Peterson, for staying outside while the shooter killed 17 people in the school is proceeding to trial and has survived multiple motions to dismiss. CurrentlyArkansasisranked 30thout of 50 in the2023 Sound Money Index. All of this has taken place right under our noses, funded with our taxpayer dollars and carried out in broad daylight without so much as a general outcry from the citizenry. 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. 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. The fact that the Fed has the power to enact this change, literally tomorrow, but continues not to, speaks volumes. There were four armed police officers, including one cop who was assigned to the school as a resource officer, on campus during that shooting. It's going to happen regardless of our feelings on the matter. This status for the dollar does indeed allow the regime to more recklessly inflate the dollar and increase deficits. 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. So it would appear that police, upon realizing that people. Typically, every Thursday Mrs. Doe goes out for lunch with friends, keeping decades' old friendships . If this constitutes salaries, then total salaries and pension costs at the Fed become closer to $7 billion. The correct answer is that the Fed should be abolished, but this will not happen anytime soon. Let's start with the happier portion of today's program first. At this point, however, how wefeel about it is irrelevant. I never thought Id agree with Border Patrol but apparently local cops were so derelict Im forced to. Weve always understood the importance of calling out corruption, regardless of political affiliation. 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. The purpose of this universal language of assistance is to: Enhance officer and public safety by reducing the likelihood of road accidents. The yuan is a fifth-place also-ran in the currency race. The conscripts have so far received worse equipment and inferior training than the volunteer forces before being sent into battle. 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, executive director of the National Tactical Officers Association, said, International Association of Chiefs of Police. It says that protection from crime isn't an affirmative right so you can't blame police for crimes they don't stop. Yet the government nevertheless assesses a tax. 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. Laws vary from state to state but police have a legal obligation to render aid and stop crime. 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. Only $446 billion was held in the Treasurys general account. If we take this $5 billion and divide it by the Feds 23,000 employees, we arrive at a cost of approximately $217,000 per employee. In the case of police action in Uvalde, there are many possible legal strategies by which to hold them accountable. Power & Marketoffers a contrarian take on world events. This helps explain their Quantitative Tightening (QT) strategy. It offers other insurance plans, a thrift plan, alternative work arrangements, transportation subsidy, academic assistance, leave (which appears to be granted when you work too many hours), paid parental leave, and career development. Time lost by delayed action is likely to result in additional casualties.". The Kremlin'sapproachhas been to transition to a digital platform. In its 1989 decision inDeShaney v. Winnebago County Department of Social Services, the justices ruled that a social services department had no duty to protect a young boy from his abusive father. 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 . 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. The reality is likely that closer to 80% of the employees only make around $100,000 while the remaining 20% make a lot more. However, near the end of the report on Note 12, its explained that after expenses and the dividend to banks (which was only $583 million last year), the Fed managed to remit $76 billion to the Treasury. In 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. 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. Unfortunately, families of the victims have little legal recourse against the police because police officers are typically protected from lawsuits byqualified immunity. The answer is no. Make a one-time contribution to Alternet All Access, Lauren is a registered patent attorney who represents clients in all phases of litigation. 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. Yes, these are the very same banks the Fed regulates and bails out on occasion. To the average person, the system works for them so theres no need to ask too many questions. harris county precinct 3 constable,

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