The boom-and-bust cycle it creates, and the asset bubbles it inflates can also be attributed to this $8 trillion. Considering a school district police officer was on the scene before the shooter even entered the school, why did it take so long to end the shooting? 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. Now Gun Controllers Want to Give Police. @2022 - AlterNet Media Inc. All Rights Reserved. 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. Lauren is a registered patent attorney who represents clients in all phases of litigation. The mandatory term of military service for Russian men was rolled back to one year in 2008. The Mississippi sales tax on gold and silver had been discouraged citizens fromprotecting their savings against the devaluation of the dollar or driving them to look for out-of-state options. They also prevented others from intervening. The March monetary inflation event reaffirmed this. On Monday, though, a federal judge ruled that the government agencies " had no constitutional duty to protect students who were not in custody.". Top Photo |Police ride on an armored vehicle through Baltimore streets following protests which occurred after the funeral of Freddie Gray, who was killed by police. 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. The Kremlin'sapproachhas been to transition to a digital platform. Rather than alleviate poverty, it creates it, due to the inflation of the money supply and the currency debasement that follows. 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. Police cars no longer say to serve and protect, is that because it was a lie that has become apparently obvious in the recent years. 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. For years now, weve been told that cops need military weapons to wage the governments wars on drugs, crime and terror. The past year has been the most arduous of our lives. Moscow's forces still control . Chief of the Philippine National Police, retirement | 297K views, 1.1K likes, 812 loves, 1K comments, 873 shares, Facebook Watch Videos from Radio Television Malacaang - RTVM: President Ferdinand R.. 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. The Public Duty Doctrine, or Duty to Rescue, only applies when there is a special relationship.. 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.". They might be risking their own lives. I never thought Id agree with Border Patrol but apparently local cops were so derelict Im forced to. Police have shot and killed Americans of all agesmany of them unarmedforstanding a certain way, or moving a certain way, or holding somethinganythingthat police could misinterpret to be a gun, or igniting some trigger-centric fear in a police officers mind that has nothing to do with an actual threat to their safety. Yet, it not the end of reserve currency status that is to blame for the inflationist pain. 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. There is another expense line item called: Other Items of Income (Loss), but this is only $220 million, therefore negligible. A more likely scenario is that the dollar will weaken considerably but will remain among the most often used currencies. 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. 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. Time lost by delayed action is likely to result in additional casualties.". 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. But what happens when those police agencies don't protect and serve? 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. 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. 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. "Protect And Serve" Now Means "Protect" Officers And "Serve" The Force Even worse, when the dollar ceases to be the dominant reserve currencyan event that is inevitableholders of dollars will see their purchasing power plummet. The war in Ukraine serves as a reminder that conscription is not extinct. Power & Marketoffers a contrarian take on world events. Contact us. Indeed, there were no protests in the streets after U.S. military forces carried out air strikes on a Syrian settlement, killing 25 people,more than half of which were women and children. The "shopcam" recordings seen on The Rookie are an invention for that show. 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. 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.. Assist in high visibility policing to reassure the public and enhance potential deterrent benefits. Most of the money the Fed creates is used to buy assets, which typically means buying debt. 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. 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. That global reserve currency status benefits the regime itself is obvious. 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.. Men are being stopped in the street and questioned about their draft status. 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). 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. Conversely, its odd then that the Fed borrows from and pays interest to banks. The yuan is a fifth-place also-ran in the currency race. Trump and Kudlow seemingly can't tell the difference between what is good for the US government, and what is good for the people. 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. So it would appear that police, upon realizing that people. This article was paid for by AlterNet subscribers. These interests rarely coincide, however, and they certainly don't when it comes to reserve currency status. The jobs available primarily consist of office workers, such as economists, researchers, attorneys, analysts, and IT positions. Cops are no more noble, no more self-sacrificing, no braver and certainly no more deserving of special attention or treatment than any other American citizen. For all of us independent news organizations, its no exception. The myth of the hero cop really is a myth. 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 . Much of the case law we have on a police officers ostensible duty to protect comes from domestic abuse or sexual violence cases. 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 public therefore receives no details as to how the Board of Governors spent this $2 billion. The financial statements reveal that the Board of Governors expenses and currency costs were $2 billion. Comments for Banking Crisis (Not the Fed) To Cause Recession? Since police officers have stopped cooperating, and have offered contradictory information, we will probably never know. Print Dont Forget the Notes to the Financial Statements! The idea that global reserve currency status for the dollar is essential to "America" relies on the false notion that the interests of the US regime and the interests of ordinary taxpaying Americans are one and the same. 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. 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. That could have created conditions for a duty to rescue. Then they took down the shooter. Police do not need guns. After all, even if the US central bank (the Federal Reserve)creates $8 trillion in new dollars in order to prop up US asset prices, much of the world will take those dollars out of US domestic markets, and this will reduce price inflation in the USat least in the short term. A passenger looks out at the 36th Street subway station on April 13, 2022, where a shooting attack occurred the previous day. And additional states may pass their own exemptions this year. 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. Tax ID# 52-1263436, conscription. Connect toPower & MarketviatwitterandRSS. This helps explain their Quantitative Tightening (QT) strategy. Do the Police Have an Obligation to Protect You. New rules allow officials totrack downnew conscripts wherever they may be. 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. 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. Weve been told that cops need to be able to crash through doors, search vehicles, carry out roadside strip searches, shoot anyone they perceive to be a threat, and generally disregard the law whenever it suits them because theyre doing it to protect their fellow Americans from danger. With few eligibility exceptions available and a brutal front line, the stricter rules have many Ukrainian men fearing for their safety. ZIP We know students kept calling. Lending programs like the Paycheck Protection Program, and all the other bank assistance schemes, appear more suspect when we remind ourselves that the banks had trillions of dollars earning interest at the Fed this entire time. Banking Crisis (Not the Fed) To Cause Recession? And never forget that $5 trillion was required to fix the last crisis; theyve given us nothing to believe that next time will be different. 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.. New York, 22 N.Y.2d 579,293 N.Y.S.2d 897, 240 N.E.2d 806 (1958). After serving their time as active duty soldiers, Ukrainian conscripts remained in a reserve status, eligible to be recalled until the age of 55. The conscripts have so far received worse equipment and inferior training than the volunteer forces before being sent into battle. The local law enforcement delayed Border Patrol agents from entering telling them to wait. Comments for Round 2: Reading the Feds Balance Sheet, Print Round 2: Reading the Feds Balance Sheet, How to Read the Feds Statement of Operations, Comments for How to Read the Feds Statement of Operations, Print How to Read the Feds Statement of Operations, Mississippi Becomes the 43rd State to End Sales Taxes on Gold and Silver, Comments for Mississippi Becomes the 43rd State to End Sales Taxes on Gold and Silver, Print Mississippi Becomes the 43rd State to End Sales Taxes on Gold and Silver, Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver, Comments for Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver, Print Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver. 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. At the same time, conscription appears to have been implemented as a new form of punishment. To "Protect and Serve" or "Enforce and Collect"? - Cop Block The good news is such a wakeup callwill weaken the US regime, potentially forcing policymakers to embrace a more sane fiscal and monetary policy. The deferred asset is the amount of net excess earnings the Reserve Banks will need to realize in the future before remittances to the Treasury resume. The fact that the Fed has the power to enact this change, literally tomorrow, but continues not to, speaks volumes. The Supreme Court has ruled that cops have 'no specific legal duty to lifestyle seminars on finance, health, and life transitions that assist employees with major life decisions. To be fair, so long as nothing catastrophic happens, the Fed will probably not realize the $1.2 trillion loss conversely, it could always get worse! CurrentlyMississippiistied for 45thout of 50 in the2023 Sound Money Index. - "Poynter" fonts provided by fontsempire.com. 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Sadder is the reasons dont matter. Theyre not loyal to us. Lucky for the Fed, theyll suffer no adverse consequences for their actions because according to them, the crisis wont be their fault. 3 William Street Tranmere SA 5073; 45 Gray Street Tranmere SA 5073; 36 Hectorville Road, Hectorville, SA 5073; 1 & 2/3 RODNEY AVENUE, TRANMERE 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.
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police cars no longer say to protect and serve