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. Meanwhile, thegovernment has been amassing an arsenal of military weapons for use domesticallyand equipping and training their troops for war. Try us and go ad-free for $1. One can only hope that the exorbitant costs, both measurable and immeasurable, will one day be understood by the public. 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. The words define the mission of the police, which is to protect citizens and serve the public. 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. 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.. It is how we have gone from a Nation of laws, where the least among . 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. Since cops didnt search his room, they didnt see any criteria to commit him or intervene. new conscripts wherever they may be. The reality is likely that closer to 80% of the employees only make around $100,000 while the remaining 20% make a lot more. Time lost by delayed action is likely to result in additional casualties.". Therapists can notify the police or the intended victim to discharge this duty. 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 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. The interest earned on US Treasuries and Mortgage-Backed Securities accounts for nearly 100% of the Feds revenue. This measure builds on momentum on sound money from previous Arkansas legislative sessions. They expect a recession this year and 2% inflation during the period of recovery. 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 jobs available primarily consist of office workers, such as economists, researchers, attorneys, analysts, and IT positions. As a result of the increasing rates, the value of the Feds assets has declined dramatically. @2022 - AlterNet Media Inc. All Rights Reserved. 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.. All four cops stayed outside the school with their weapons drawn (three of themhid behind their police cars). This begs the question: if the police dont have a duty to protect the public, what are we paying them for? terrorists) and called on the government to subject such targeted individuals to full-fledged pre-crime surveillance. 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. 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. So it would appear that police, upon realizing that people. 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. Mind you, by government, Im not referring to the highly partisan, two-party bureaucracy of the Republicans and Democrats. Keep in mind that this is just an average and rough estimate. As of Thursdays release, their deferred asset stood at $50 billion. But what does it mean to say the Fed owns (rounding down) $8 trillion in UST and MBS? Moreover, reserve currency status creates political cover for the regime's easy-money policies in the short term. 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. A second advantage:the fact the dollar dominates in global trade transactions means more global demand for US debt. Last year nearly $4 billion went to salaries and benefits and another $1 billion into the pension plan. 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. Additionally, in Uvalde, police began to rescue students and then stopped. This, however, can only continue until the dollar's reserve status ends or even significantly weakens. The effective date is July 1, 2023. 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. . Comments for Banking Crisis (Not the Fed) To Cause Recession? In the case of police agencies, these services are summed up by the phrase "to protect and serve" a motto that has in recent decades been adopted by numerous police agencies. 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. Posted on June 8, 2022 ; in pete davidson first snl episode; by This October 6, 2008 announcement solves the mystery: The Federal Reserve Board on Monday announced that it will begin to pay interest on depository institutions' required and excess reserve balances. Keep this question in mind until the end: Who paid this interest? Stay up-to-date with how the law affects your life. Seventeen people, most of them teenagers, died while the cops opted not to intervene. 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 Supreme Court has repeatedly held that the government has only a duty to protect persons who are in custody, he pointed out. But what, exactly, is a police officer's legal obligation to protect people? the "release" of convicts with combat experience to bolster Kyiv's forces. 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. 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. In its response to employees, the automaker said it would continue providing these vehicles. Taxing all precious metals purchases has become an outmoded and even controversial practice in the United States. Period. Or, asReuters put itin 2019, the dollar is used for at least half of international trade invoicesfive times more than the United States share of world goods importsfuelling demand for U.S. assets. Those assets include US government debt. The notes reveal that all is not well with the Fed, and these heavy losses can be squarely attributed to its own policy. With the passing of time, the motto received wider exposure and acceptance throughout the department. Cops in America may get paid by the citizenry, but they dont work for us. Russian conscription followed a similar trajectory to Ukraine's after the fall of the USSR. 120,000 were conscripted last Fall. 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. Arguments about the dangerous nature of police work drive the increasing militarization of police departments. 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. 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. Some found they could avoid the summons by staying away from their official addresses. In the American police state, police have a tendency to shoot first and ask questions later. 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. 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. The conscripts have so far received worse equipment and inferior training than the volunteer forces before being sent into battle. 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. When the Fed eventually pursues the road to profitability via Quantitative Easing, it will come with devastating consequences. In the meantime, the world will have been flooded with dollars. 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. But as courts have determined, they have no obligation to do that. Yes there are a VERY FEW law enforcement officers who don't do the very best they can for American citizens. Its because police are no longer there to protect and serve. 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 salary structure can be viewed below: The 23,000+ people who work at the Fed are probably doing well financially. Weve allowed ourselves to be acclimated to the occasional lockdown of government buildings,Jade Helmmilitary drills in small towns so that special operations forces can get realistic military training in hostile territory, and Live Active Shooter Drilltraining exercises, carried out at schools, in shopping malls, and on public transit, which can and do fool law enforcement officials, students, teachers and bystanders into thinking its a real crisis. As one commentator remarked, Protect and Serve are the words we see on the side of many police cars and is the motto of most police forces. 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. The costs were $2 billion this year. The other section deserving of consideration is on Page 24, where the deferred asset (capitalized loss) of $16 billion is explained. June 11, 2020 at 2:10 p.m. So a state agency could not be held responsible for not intervening in the actions of a private individual. If Police Dont Have to Protect the Public, What Good Are They? All eligible men are required to register through an online government portal. 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. Its true what they say about following the money. As one commentator remarked, "'Protect and Serve' are the words we see on the side of many police cars and is the motto of most police forces. The students filed suit, naming six defendants, including the Broward school district and the Broward Sheriffs Office , as well as school deputy Scot Peterson and campus monitor Andrew Medina. Print Dont Forget the Notes to the Financial Statements! History of the Austrian School of Economics. fitness centers that encourage a healthy lifestyle through exercise and indoor and outdoor sports. Last Wednesday, after a 24-hour search, a suspect was apprehended in the New York City Sunset Park subway shooting that . 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. His therapist called his family who begged police to check on him. 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. Make a one-time contribution to Alternet All Access, 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. 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. 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. Is it okay if police use their discretion with arrest warrants? However, such gains are not necessarily a real in terms of translating to an actual increase in purchasing power. Mustthey risk their lives in dangerous situations like the one in Uvalde? executive director of the National Tactical Officers Association, said, International Association of Chiefs of Police. Terms of Service apply. 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. Naturally, politicians and pundits such as Trump and Kudlow view any threat to this kind of state poweras a bad thing. 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. [Read More: "Why the Dollar Still Beats the Euro and the Yuan" by Ryan McMaken.]. 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). Under HB 1718, the era of taxing gold and silver in Arkansas has come to an end. 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? Supreme Court precedent holds that American police have no legal obligation to protect the public. "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. 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. A look backwards reveals police transportation has evolved: the first twin-engine Indian motorcycle was purchased in 1914; the first car, a 1924 Ford Runabout, which was totaled the very first week on the road in a high speed chase at 40 miles an hour. The cameras are on, the microphones aren't. When the officer pushes the "record" button on the bodycam, the microphone activates, and the sile. 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. They are there to generate revenue for their towns and states. 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. That would require intervention as schools are gun-free zones.. Copyright 2023, Thomson Reuters. According to the 2021 budget, the actual amount was 23,517. Cops have no specific legal duty to individuals. We should not accept earlier rulings that police have no duty to protect us especially as they continue to receive bloated budgets. 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. This article was paid for by AlterNet subscribers. To the average person, the system works for them so theres no need to ask too many questions. Weve been told that cops need extra legal protections because of the risks they take. 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. Police cars no longer say to serve and protect, is that because it was a lie that has become . With few eligibility exceptions available and a brutal front line, the stricter rules have many Ukrainian men fearing for their safety. This rush for US debt pushes down the interest rate at which the US government must pay on its enormous $30 trillion debt. While the shooter was inside two adjoining classrooms, 19 law enforcement officers stood outside for nearly an hour as they waited for tactical equipment to arrive. The purpose of this universal language of assistance is to: Enhance officer and public safety by reducing the likelihood of road accidents. It is true that police have never had a duty to protect people on an individual basis. It's about increasing US government power in the name of fighting the latest foreign "axis of evil.". [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.. 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. Learn more That could have created conditions for a duty to rescue. 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. That amount of time can make things feel distant.
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