We also do a better job serving the public when we reflect the rich diversity of our nation. In the 1981 case Warren v. District of Columbia, the D.C. Court of Appeals held that police have a general "public duty," but that "no specific legal duty exists" unless there is a special relationship between an officer and an individual, such as a person in custody. 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. Connect toPower & MarketviatwitterandRSS. 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. Trump and Kudlow seemingly can't tell the difference between what is good for the US government, and what is good for the people. The notes to the Feds Financial Statements read like a disclaimer at the end of an Rx drug commercial. Lucky for the Fed, theyll suffer no adverse consequences for their actions because according to them, the crisis wont be their fault. The notes reveal that all is not well with the Fed, and these heavy losses can be squarely attributed to its own policy. 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. Not a subscriber? 120,000 were conscripted last Fall. Meanwhile, thegovernment has been amassing an arsenal of military weapons for use domesticallyand equipping and training their troops for war. On Monday, though, a federal judge ruled that the government agencies " had no constitutional duty to protect students who were not in custody.". So when police in Florida had to deal with a 19-year-old embarking on a shooting rampage insideMarjory Stoneman Douglas High Schoolin Parkland, Fla., what did they do? 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. States all over the country are waking up to the precarious condition of Americas money. 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. However, those in the upper echelon of the Fed may require a much more impregnable conscience. That global reserve currency status benefits the regime itself is obvious. 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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. 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. 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.. 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. Its because police are no longer there to protect and serve. 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 have. They also prevented others from intervening. But 99.8% of police officers bust their ass and risk their lives every single day to protect and serve us to the best of their ability. The jobs available primarily consist of office workers, such as economists, researchers, attorneys, analysts, and IT positions. There's no excuse for that." InvalidArguments 12 yr. ago You can't blame police for crimes they don't stop. Sadder is the reasons don't matter. Mustthey risk their lives in dangerous situations like the one in Uvalde? Is it okay if police use their discretion with arrest warrants? They work hard at an extremely dangerous job. A US district judge ruled that neither the police nor the sheriffs deputies had a duty to protect the students from the shooter because the students were not in the states custody. Ford has long established itself as a trusted automaker for police vehicles and provides about two-thirds of police vehicles in the U.S., according to the Free Press. But criminal charges against police officers who fail to protect the public areextremely rare. The effective date is July 1, 2023. When the Fed eventually pursues the road to profitability via Quantitative Easing, it will come with devastating consequences. 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. 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. As of Thursdays release, their deferred asset stood at $50 billion. 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. Offenders are subject to imprisonment for up to 10 years. No matter how they do it, it will probably be extremely dangerous. In the case of police action in Uvalde, there are many possible legal strategies by which to hold them accountable. The mandatory term of military service for Russian men was rolled back to one year in 2008. 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. Less than a year later, the new Western-backed Ukrainian government. 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. Comments for Banking Crisis (Not the Fed) To Cause Recession? 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. lifestyle seminars on finance, health, and life transitions that assist employees with major life decisions. The Supreme Court has ruled that cops have 'no specific legal duty to 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. 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. "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. 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. 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. 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. But theres more to it than that. This, however, can only continue until the dollar's reserve status ends or even significantly weakens. That means higher interest rates for the US government and less of an ability to finance the welfare-warfare state by inflating the currency. The past year has been the most arduous of our lives. This attracts huge amounts of wealth to government Treasurys that otherwise would have gone into private-sector investments. A 10 p.m. curfew was in effect, April 28, 2015 (AP/David Goldman). In 2013, Ukrainian President Viktor Yanukovychabolishedconscription. At this point, however, how wefeel about it is irrelevant. This site is protected by 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. 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. 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. 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.". As I point out in my bookBattlefield America: The War on the American People, Im referring to government with a capital G, the entrenched Deep State that is unaffected by elections, unaltered by populist movements, and has set itself beyond the reach of the law. A more likely scenario is that the dollar will weaken considerably but will remain among the most often used currencies. Isnt that the definition of a caregiver required to act? 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. By 2009 over $1 trillion was held there, and in 2021 over $4 trillion. Weve covered everything thrown at us this past year and will continue to do so with your support. 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. Taxing all precious metals purchases has become an outmoded and even controversial practice in the United States. 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. New rules allow officials totrack downnew conscripts wherever they may be. 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. Every one of Mississippis neighbors (Alabama, Louisiana, Kentucky, and Tennessee) had already stopped taxing the monetary metals. Then they took down the shooter. But, genuine or not, those sentiments disappeared as the region descended into war. Are police vehicles constantly recorded to see everything they do and say? 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. We should not accept earlier rulings that police have no duty to protect us especially as they continue to receive bloated budgets. 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. As deficit spendingincreases, the economy is flooded with ever larger amounts of government debt backed up by tax dollars. Supreme Court precedent holds that American police have no legal obligation to protect the public. It also illustrated how the Fed receives money from the government, pays banks and administration fees, thereby grinding down income, only to remit far less money back to the government than it took in. 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 majority opinion argued that the states affirmative duty to protect only arises if a person is in the states custody. Thank you. If you need police to protect you, all you can do is hope they will. Individual people have tried to sue them for not preventing a crime against them. Additionally, any risk of a severe downturn leading to mass layoffs likely doesnt apply to them. Various calculations can be done to put more context around this and provide additional food for thought. They expect a recession this year and 2% inflation during the period of recovery. 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. . 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. June 11, 2020 at 2:10 p.m. We know the first 911 call occurred before he even entered the building. If this constitutes salaries, then total salaries and pension costs at the Fed become closer to $7 billion. In other words, you can be outraged that cops in Florida did nothing to stop the school shooter, but technically, it wasnt part of their job description. Most of the money the Fed creates is used to buy assets, which typically means buying debt. 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. [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.. The taxpayers are required to submit to a government monopoly on force, and to pay these agencies taxes. 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. A profitable Fed may be even more dangerous than an unprofitable Fed. From an auditors perspective, a quarter of a billion dollars is likely below materiality when dealing with dollar-value magnitudes of this order. In return, these government agents will provide services. Yes there are a VERY FEW law enforcement officers who don't do the very best they can for American citizens. 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. Perspective: To Protect and Serve - A Vision for Law Enforcement 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. Too often they appear to mean, to protect officers and serve the police force.Force Protection has become the primary motivating force for many in the Police. There are real-world harms that follow from the myths perpetuated by police unions. If you would like additional information or have questions related to this article, please contact Lauren at 512.322.5808 or lsprouse@lglawfirm.com. Only $446 billion was held in the Treasurys general account. To protect and serve is not just a slogan for police cars Quite the opposite in fact, as any severe market downturn typically forces the Fed to act more, with more bailouts, more money printing, and the creation of more lending programs. 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. Passage of this measure will increase the states ranking dramatically. In 2014, Elliot Rodgers sent his therapist a manifesto before killing six people and himself. It has never been painted on most p. Make a one-time contribution to Alternet All Access, 134,500 people. To answer the initial question: How bad is it? 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. 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. "Protect And Serve" Now Means "Protect" Officers And "Serve" The Force