When this $2 trillion is contrasted against the M2 money supply of $21 trillion, its safe to say that our money has never been in the bank. 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. The above should be considered a national scandal, but it gets better once the expenses are understood. 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, Current Projects. 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? And, by the very nature of being a contract, we are meant to believe this is a two-way street. Back in2008, an Army War Collegereport revealed that widespread civil violence inside the United States would force the defense establishment to reorient priorities in extremis to defend basic domestic order and human security. The 44-page report went on to warn that potential causes for such civil unrest could include another terrorist attack, unforeseen economic collapse,loss of functioning political and legal order, purposeful domestic resistance or insurgency, pervasive public health emergencies, and catastrophic natural and human disasters.. However, a financial statement review would not be complete without a look at the fine print. The boom-and-bust cycle it creates, and the asset bubbles it inflates can also be attributed to this $8 trillion. 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. Both sides have resorted to forcing a part of the population to put their lives on the line to serve the interests of the regimes in Kyiv and Moscow. 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. All they have is the ability to print more money and lower rates, so its difficult to imagine "low" inflation during any alleged recovery. This begs the question: if the police dont have a duty to protect the public, what are we paying them for? Rounding out the expenses are the administrative costs of running a central bank. [Read More: "Why the Dollar Still Beats the Euro and the Yuan" by Ryan McMaken.]. 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. 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. Now Gun Controllers Want to Give Police. Justices Rule Police Do Not Have a Constitutional Duty to Protect 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. The myth of the hero cop really is a myth. To protect and serve is not just a slogan for police cars Posted on June 8, 2022 ; in pete davidson first snl episode; by The local law enforcement delayed Border Patrol agents from entering telling them to wait. June 11, 2020 at 2:10 p.m. Less than a year later, the new Western-backed Ukrainian government. Men caught. It continues to be a costly endeavor. 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. The words define the mission of the police, which is to protect citizens and serve the public. Legal scholar Carl Rizzi argues the public duty doctrine should assume a special relationship between police and students. The police response to the Uvalde tragedy is drawing attention to a newer conversation without gun-law reform or better domestic violence response, cant we at least rely on police to serve and protect? If you need police to protect you, all you can do is hope they will. That means higher interest rates for the US government and less of an ability to finance the welfare-warfare state by inflating the currency. Answer (1 of 8): No. If the Fed created a few hundred billion dollars to save a few troubled banks, imagine the response theyll give once larger banks fall on hard times. The costs were $2 billion this year. The purpose of this universal language of assistance is to: Enhance officer and public safety by reducing the likelihood of road accidents. The taxpayers are required to submit to a government monopoly on force, and to pay these agencies taxes. One of the most dishonest headlines of the week goes to CNBC: Fed expects banking crisis to cause a recession this year, minutes show. Click here. It seems like now the only ones they are serving and protecting are themselves while leaving the public in fear. Moreover, reserve currency status creates political cover for the regime's easy-money policies in the short term. Comments for Dont Forget the Notes to the Financial Statements! Assist in high visibility policing to reassure the public and enhance potential deterrent benefits. Yes, policing is dangerous but it is far from the most dangerous job in the country. It is true that police have never had a duty to protect people on an individual basis. This gain is often a nominal gain because of the slow but steady devaluation of the Federal Reserve note dollar. 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. Do the Police Have an Obligation to Protect You? - FindLaw 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. There's no excuse for that." Colorado Cop Sentenced to 5 Years for Breaking Old Lady's Arm and Laughing about It. standing a certain way, or moving a certain way, or holding somethinganythingthat police could misinterpret to be a gun, police have no constitutional duty to protect members of the public from harm, Military Spending Is Already Bankrupting America, Americas Dirty Little Secret: Sex Trafficking of Young Girls, The State of Our Union: A House Divided, Enslaved & Mired in the Mistakes of the Past, Jesus Stood Up To The Roman Empire And Hed Resist US Empire Today, every situation as a deadly force encounter in the making, concerted effort to expand the police states power, Too often they appear to mean, to protect officers and serve the police force., even questioning police behavior is decried as disloyal, un-American, and dangerous. And as recently as 2019, Russian President Vladimir Putinvoicedsupport for abolishing conscription. They also prevented others from intervening. 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.
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