Under HB 1718, the era of taxing gold and silver in Arkansas has come to an end. But the war in Ukraine offers a window into what conscription looks like in today's day and age. The yuan is a fifth-place also-ran in the currency race. Almost two decades ago the Fed started paying interest on bank reserves. 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. Unfortunately, last month gave the world a glimpse of what is to come inthe next recovery. You will notice police cars no longer say, "Protect and serve." They neither protect, nor do they serve. 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. about FindLaws newsletters, including our terms of use and privacy policy. Conversely, its odd then that the Fed borrows from and pays interest to banks. police cars no longer say to protect and serve That would require intervention as schools are gun-free zones.. Since police officers have stopped cooperating, and have offered contradictory information, we will probably never know. 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 balance sheet invokes many things, one of which is the realization that even though the Fed is not a bank, like a bank, it barely has any money of its own. The local law enforcement delayed Border Patrol agents from entering telling them to wait. Elizabeth Warrens Bureau of Consumer Financial Protection had another stellar year, bringing in $722 million from the Fed; impressive it gets its own line item! Welcome to the American police state, funded by Corporate America, policed by the military industrial complex, and empowered by politicians whose primary purpose is to remain in office. lifestyle seminars on finance, health, and life transitions that assist employees with major life decisions. But at the end of last year, Russia's military commanders said they could no longer supply troops in the city and the west bank of the Dnipro River that it sits on. In 2005, in Castle Rock v. Gonzalez, the Supreme Court relied on this precedent when it ruled that police have no duty to protect (or arrest or intervene) even when there is a protective order in place or a law mandating arrest if the abuser violates the order. Dont Forget the Notes to the Financial Statements! And who exactly do they serve if not you and me? In fact, police dont usually need much incentive to shoot and kill members of the public. At the same time, conscription appears to have been implemented as a new form of punishment. This stealthy, creeping, silent coup that is the same danger that writer Rod Serling warned against in the1964 political thrillerSeven Days in May, which put the military in charge of a coup that would institute martial law packaged as a well-meaning and overriding concern for the nations security. In fact, there are now at least120,000 armed federal agents carrying such weaponswho possess the power to arrest. 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. 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. and a Fine Arts program for appreciation of the cultural arts. 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. States all over the country are waking up to the precarious condition of Americas money. Eastern District of Pennsylvania | To Serve and Protect: A Shared Do police have a duty to protect anyone? - American Thinker Nonetheless, the meeting closes. This is no longer a government of the people, by the people, for the people.. Rather than alleviate poverty, it creates it, due to the inflation of the money supply and the currency debasement that follows. And embracing the inherent danger of policing is supposed to be part of the ethos of protecting citizens from. None of this is good for the productive people in the US. His therapist called his family who begged police to check on him. Justices Rule Police Do Not Have a Constitutional Duty to Protect Theyre not loyal to us. 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. 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%. have received conscription notices after being detained by police. {{ post.roar_specific_data.api_data.analytics }}. 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." That could have created conditions for a duty to rescue. 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. It has never been painted on most p. Outside the school, more police officers prevented parents from entering and ignore their desperate pleas. 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. The life-and-death nature of the job is used to push for extremely generous medical leave, overtime, and pay packages. There are about 23,000 people too many, working in the Federal Reserve System. @2022 - AlterNet Media Inc. All Rights Reserved. CurrentlyArkansasisranked 30thout of 50 in the2023 Sound Money Index. 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. If you would like additional information or have questions related to this article, please contact Lauren at 512.322.5808 or lsprouse@lglawfirm.com. And we know it took an hour and 20 minutes for police to kill the shooter and stop the rampage. 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. - "Poynter" fonts provided by fontsempire.com. So a state agency could not be held responsible for not intervening in the actions of a private individual. 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 . Terms of Service apply. 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.. With few eligibility exceptions available and a brutal front line, the stricter rules have many Ukrainian men fearing for their safety. 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 interest, administrative, and dividend costs were discussed in the review of the Statement of Operations a few days ago. 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 as recently as 2019, Russian President Vladimir Putinvoicedsupport for abolishing conscription. "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. 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. 134,500 people. Almost a decade later, after spending billions to fight terrorism, the DHS concluded that thegreater threat is not ISISbutdomestic right-wing extremism. "Protect And Serve" Now Means "Protect" Officers And "Serve" The Force 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. However, a financial statement review would not be complete without a look at the fine print. police cars no longer say to protect and serve. 100 Year Anniversary - City of Fort Collins "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. Has anyone noticed that police cars no longer say "to protect and serve The mandatory term of military service for Russian men was rolled back to one year in 2008. Until recently, officials could only deliver draft notices to someone's home address. Its all arbitrary, but anything less than 4.9% would be an improvement. 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 law doesn't require cops to protect the public. Not a subscriber? 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. 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. Therapists can notify the police or the intended victim to discharge this duty. Lauren is a registered patent attorney who represents clients in all phases of litigation. . Let's start with the happier portion of today's program first. Nevertheless, we are told there is an agreement here a "social contract" between government agencies and the taxpayers and citizens. Cops have "no specific legal duty to individuals" Much of the case law we have on a police officers'. 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 status for the dollar does indeed allow the regime to more recklessly inflate the dollar and increase deficits. Stay up-to-date with how the law affects your life. 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. 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. For all of us independent news organizations, its no exception. All they have is the ability to print more money and lower rates, so its difficult to imagine "low" inflation during any alleged recovery. Assist in high visibility policing to reassure the public and enhance potential deterrent benefits. 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. That means higher interest rates for the US government and less of an ability to finance the welfare-warfare state by inflating the currency. 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. 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. I never thought Id agree with Border Patrol but apparently local cops were so derelict Im forced to. Offenders are subject to imprisonment for up to 10 years. Only $446 billion was held in the Treasurys general account. In 2021 there were over 23,000 people employed by the Federal Reserve System. 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. Police No Longer Serve and Protect the Public No matter how they do it, it will probably be extremely dangerous. Perhaps more importantly, a world less awash in dollars will mean a world with less demand for US assets such as US government debt. Make a one-time contribution to Alternet All Access, 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.". 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. But, genuine or not, those sentiments disappeared as the region descended into war. In 2013, Ukrainian President Viktor Yanukovychabolishedconscription. The "shopcam" recordings seen on The Rookie are an invention for that show. It has gone all the way to the Supreme court, which decided there was no constitutional duty to protect that person. The majority opinion argued that the states affirmative duty to protect only arises if a person is in the states custody. The Supreme Court has ruled that cops have 'no specific legal duty to has been to transition to a digital platform. New rules allow officials totrack downnew conscripts wherever they may be. Men caughtbreaking curfewand getting intostreet fightshave received conscription notices after being detained by police. To Serve And Protect - Police Forums & Law Enforcement Forums 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. 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. They dont answer to us. 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.". On the big screen, the military coup is foiled and the republic is saved in a matter of hours. The answer is no. 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? This loss represents the decline in fair market value of the Feds US Treasuries and Mortgage-Backed Securities (debt) holdings. 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. 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. At this point, however, how wefeel about it is irrelevant. Every one of Mississippis neighbors (Alabama, Louisiana, Kentucky, and Tennessee) had already stopped taxing the monetary metals. Isnt that the definition of a caregiver required to act? Be recognizable as a police vehicle up to a distance of 1,600 ft. in normal daylight. In fact, China's currency, the yuan,doesn't even posea threat to the dollar. 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. 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. We need your support in this difficult time. Cops in America may get paid by the citizenry, but they dont work for us. They might be risking their own lives. For them, it appears that the supposed importance of reserve currency status is not about economic concerns, but is really a political project. 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. new conscripts wherever they may be. New York, 22 N.Y.2d 579,293 N.Y.S.2d 897, 240 N.E.2d 806 (1958). 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. The Kremlin'sapproachhas been to transition to a digital platform. We favor individual freedom, honest history, and international peace, in the tradition of Ludwig vonMisesand Murray N.Rothbard. 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. At the same time, conscription appears to have been implemented as a new form of punishment. 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. reCAPTCHA and the Google Privacy Policy and Police Have No Duty to Protect You, Federal Court Affirms Yet Again