Corrente

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The Fed now has its own police force. Armed, of course

Guarding Ben's helicopter, I suppose:

Quietly, without fanfare or Congressional hearings, the USA Patriot Act in 2001 bestowed on the 12 privately owned Federal Reserve Banks, domestic policing powers.

The police officers are technically known as FRLEO, short for Federal Reserve Law Enforcement Officer. The system has its own police academies for training, their own patch and badges, uniforms, pistols, rifles, police cars and the power to arrest coast to coast without a warrant. They have ranks of Sergeant, Lieutenant, Captain and a recruitment ad campaign with the slogan: “It’s about respect and recognition from your peers. It’s you.”

According to a former St. Louis Federal Reserve Law Enforcement Training Instructor, the officers are trained on pistol, rifle, auto-rifle, sub-gun and shotgun with manufacturers encompassing Smith & Wesson, Glock, Remington and Armalite.

What could go wrong?

I don't know why Ben's pussyfooting around with QE3 when he could demand aggregate demand by forcing people to buy worthless shit at gunpoint.

Hey, it worked with the mandate, right?

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wuming's picture
Submitted by wuming on

I was in San Francisco a few days ago and I saw one of the Federal Reserve Police officers. At first I thought she might be private security but then on a closer look I saw "Federal Reserve Poilice" on her sleeve. I didn't know at that point that the Fed had police but I just assumed they were another agency with its own police force, similar to any of the Cabinet level agencies.

Then I got home and found out that it was a new thing. I guess they contracted out for security before? Or the Marshall's Service provided protection?