Last October, thirty members of Congress sent a letter to the Department of Justice demanding an immediate investigation into the DOJ’s Operation Choke Point which is being used by the government to attack enterprises the Obama administration opposes. Gun businesses have been at the top of the list.
These businesses are vulnerable and serve as easy marks. The government has done a good job convincing people guns are responsible for crimes.
There is at least one smoking gun that possibly proves the DOJ operation is being used to destroy some businesses including gun manufacturers.
What is happening is this: Because of pressure from the DOJ, banks and payment processors are denying or terminating loans and restrict access to payment systems for law-abiding and legitimate businesses such as gun manufacturers to avoid unwarranted investigations and legal actions by the DOJ and federal financial regulators. It’s all being done under Operation Choke Point.
There is evidence from a 60-page government document that Fast & Furious was being used to destroy the Second Amendment. Investigative reporter and firebrand Sharyl Attkisson acquired the documents from a much-delayed FOIA request.
Recently, The owner of Hawkins Guns LLC lost his bank. He spoke to people at the bank, including the manager and it’s all on tape.
The bank officials said they don’t deal with businesses that deal with guns.
This is the Second Amendment we are talking about.
A bank teller told the owner, Mike Scheutz, “We have to answer to the examiners. Whoever they are.”
The U.S. Consumer Coalition posted audio of those recordings.
The Heritage Credit Union regional manager told Schuetz:
“Examiners from NCUA [the National Credit Union Administration] came in and looked at our accounts … looked at our books. Here’s some accounts that we feel that we’re going to regulate you on … and kinda put the screws to us as far as what we could and couldn’t do. The regulatory and compliance issues that we said earlier are true. We never used to have to do that stuff.”
It is a smoking gun in my humble opinion.
Watch this video that explains Operation Choke Point and the attack on this Wisconsin gun store:
The Department of Justice’s Operation Choke Point gives unlimited power to the executive branch to just shut down bank accounts of businesses at will! That means a business can’t run if the government has a hankering to shut them down. They don’t even need to provide due process.
It is what tinpot dictatorships do.
It is clearly an anti-Capitalist initiative of the United States Department of Justice and it was first announced in 2013.
The government is investigating banks in the United States and the business they do with payment processors, payday lenders, and other companies believed to be at higher risk for fraud, money laundering, and terrorist financing but they go way beyond investigating criminals.
The executive branch – and its DOJ – get to decide who the offenders will be outside any oversight by Congress.
It is being used to choke businesses they don’t like and banks they want to menace.
It poses an existential threat to due process as well as the Second Amendment.
The program cuts off companies’ access to banking services without having to show that the targeted companies are violating the law.
The government doesn’t have to show or prove a thing!!!
Innocent businesses are being made to suffer and perhaps fold. Businesses cannot survive without a bank to do business with.
Some of the merchant categories that the FDIC had listed until July 2014 as being associated with high-risk activity include, but are not limited to (until the FDIC revised the original policy in July 2014) these listed below, and of course they include firearms – what a great way to destroy the Second Amendment!
Who will get to decide what is a home-based charity or racist material or a travel club and so on? What will happen to banks who loan money to gun manufacturers? There are serious implications for our First Amendment and it goes well beyond gun companies if this is allowed to stand.
Governor Huckabee described Operation Choke Point on his Fox News Show.
This administration’s attack on Capitalism doesn’t end there. They have been extorting money from banks since Obama came into office. The collapse is the excuse even though the politicians contributed far more to the collapse.
There is hardly a month goes by where we don’t hear about a bank having to pay a hefty fine – extorted money by an overly-powerful government.
JP Morgan Chase was pushed by the government to buy corrupt companies that helped cause the 2008 meltdown. The government then extorted billions of dollars from them for owning companies that helped cause the meltdown. They didn’t give the money to victims of the meltdown, they gave it to Obama’s leftist cronies.
The Obama Administration has been disrupting the relationship between government and private business for the last six years and Operation Choke Point is just one more manifestation.
The government abandoned investors for their favored unions in the auto bailout despite agreements to the contrary, they have given unearned grants and subsidies to Obama bundlers in the solar industry, they have bullied guitar companies, and have threatened insurance companies.
The government is again pressuring banks to give loans to minorities to buy homes they cannot afford as if the collapse never happened..
The government is now in control of private corporations when it chooses to be in control. The government has the self-mandated right to steal private property under the guise of fines, retribution, and criminal prosecution.
Operation Choke Point is one more direct attack on Capitalism and is in no way set up to protect the American people though that is how it is being sold.
Stephen Lerner explains one plan to destroy Capitalism by SEIU and other communist-run organizations.
If it looks like a duck and walks/quacks/flies etc. like a duck, it is a duck. Mr. Obama and his administration are ducks. Don’t listen to their eloquent language, watch what they do and you will find the undeniable evidence.