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Operation Choke Point tells Banks DO NOT LEND to Porn, Loan, Guns and other LEGAL businesses
May 2, 2014 | lee martell

Posted on 05/02/2014 2:51:43 PM PDT by lee martell

I don't know if this has already been discussed much on Free Rep. but I just became aware of it recently. The Department of Justice has been putting pressure on banks that typically handle business loans or payroll to drop certain clients asap. The overall theme is if a business appears to be 'at risk' of being a fraudulently run organization or deceitful in it's structure, as with a ponzi scheme, the vulnerable consumer will be taken advantage of. This may seem honorable at first glance, but look closer, and you may notice certain biases at work.

Last year, the first full year after the Sandy Hook Killings in Newtown, there was a lot of effort to establish stricter gun laws. In this social environment, the DOJ began to put pressure on banks not to lend to businesses that sold guns as their primary merchandise. This took scores of gun store owners by surprise, after using certain banks for years without incident. This effort to inconvienance or prevent gun store owners to get loans approved continues unabated to this day. It has been noted that some hollywood area actors who produce soft porn have had their accounts suddenly canceled with little if any explanation, except to say, there is possibility of fraud. A hypothetic possibility that exists with any business, but who wants to spend gobs of money reviewing records and proving that 'I am not a crook?

Most recently, I hear some check cashing places in urban areas have started to get government hassle for the same reasons. Most people who use payroll check cashing places know there is a high interest rate if one is late with repayment. At the same time most check cashing customers are very thankful to have a legal business to provide some well needed cold cash in the pocket. They are not anyone's innocent victims. Only two more years of Government Creep at this level of intensity! I'm holding my breath (kind of). Has anyone else heard much about the despicable Operation Choke Point? Maybe it's more rare than I'm lead to believe.


TOPICS: Business/Economy; Conspiracy; Society
KEYWORDS: banglist

1 posted on 05/02/2014 2:51:43 PM PDT by lee martell
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To: lee martell

But those same banks gladly took tax dollars from the same companies.


2 posted on 05/02/2014 2:53:25 PM PDT by VanDeKoik
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To: lee martell

http://www.freerepublic.com/focus/f-news/3151243/posts


3 posted on 05/02/2014 2:54:52 PM PDT by dontreadthis
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To: lee martell

Fascism triumphs in America.


4 posted on 05/02/2014 2:57:45 PM PDT by faithhopecharity ((Brilliant, Profound Tag Line Goes Here, just as soon as I can think of one..))
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To: lee martell

http://philadelphia.cbslocal.com/2014/05/02/rob-schneider-tells-chris-stigall-we-are-sliding-very-fast-towards-fascism/


5 posted on 05/02/2014 2:59:03 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: lee martell
They are doing the same with companies that sell tobacco products over the internet.

Welcome to the gulag.

/johnny

6 posted on 05/02/2014 3:00:23 PM PDT by JRandomFreeper (Gone Galt)
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To: lee martell
filthy disease ridden queers can DEMAND businesses cater to their perversions under pain of lawsuits but legal business can be denied loans???
7 posted on 05/02/2014 3:04:41 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: lee martell

First they came for the porn stars.....


8 posted on 05/02/2014 3:05:48 PM PDT by dfwgator
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To: lee martell
And it's not just loans. It's also credit card clearing. In effect, they can't accept credit cards.

/johnny

9 posted on 05/02/2014 3:06:18 PM PDT by JRandomFreeper (Gone Galt)
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To: lee martell

The justice department is concerned about illegal/fraudulent gun businesses? That’s funny. Maybe they’re trying to squeeze out their competition.


10 posted on 05/02/2014 3:09:02 PM PDT by ViLaLuz (2 Chronicles 7:14)
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To: lee martell

Just imagine trying to get the banks to drop as clients all of the consumers of porn.


11 posted on 05/02/2014 3:11:13 PM PDT by 9YearLurker
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To: lee martell

Did you read this one from this morning?
Amazon now urged to blacklist ‘haters’
http://www.freerepublic.com/focus/f-news/3151231/posts

With everything moving to electronic it is starting to look grim for any who don’t walk lockstep with the powers that be. No trade and no money for you.

Seems I read about this somewhere...


12 posted on 05/02/2014 3:29:47 PM PDT by Irenic (The pencil sharpener and Elmer's glue is put away-- we've lost the red wheelbarrow)
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To: lee martell

This started with government pressure against Wikileaks.


13 posted on 05/02/2014 3:39:54 PM PDT by Monmouth78
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To: lee martell

“if a business appears to be ‘at risk’ of being a fraudulently run organization or deceitful in it’s structure, as with a ponzi scheme...”

Banks should stop cashing checks from the government?


14 posted on 05/02/2014 3:45:15 PM PDT by outofsalt (If history teaches us anything it's that history rarely teaches us anything.)
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To: lee martell

Next step, investigate them for tax evasion, since “all cash businesses” are suspicious by nature.


15 posted on 05/02/2014 3:54:41 PM PDT by Hugin
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To: lee martell
if a business appears to be 'at risk' of being a fraudulently run organization or deceitful in it's structure, as with a ponzi scheme, the vulnerable consumer will be taken advantage of.

This is typical of organized crime, just as the criminal gangs of prohibition would battle to keep their "territory," the #1 purveyor of ponzi schemes, the federal leviathan, will not tolerate any competition on their turf, and will eliminate all competition.

Mark

16 posted on 05/02/2014 3:55:18 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: Monmouth78

Actually it started with the “know your customer” bank regulations passed in the wake of 9/11/01. That required banks to start asking lots of questions about their customers, especially businesses, and report anything “suspicious” to Feds. One of the guidelines for “suspicious” behavior is a business that does most of it’s transactions in cash.


17 posted on 05/02/2014 4:02:10 PM PDT by Hugin
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To: lee martell

Breaking: The Department Of (In) Justice Goes After Guns In Further Capital Controls
http://dollarvigilante.com/blog/2014/4/29/department-of-injustice-goes-after-guns-capital-controls.html

Anti "Operation Chokepoint" Website
http://stopthechoke.com/

“Operation Choke Point” Harmful To Flow Of Commerce
http://thehill.com/blogs/congress-blog/economy-budget/204174-operation-choke-point-harmful-to-flow-of-commerce

The DOJ’s “Operation Choke Point” Has Driven 30 Industries To Bitcoin
http://www.cryptocoinsnews.com/news/dojs-operation-choke-point-driven-30-industries-bitcoin/2014/05/01

Holder’s Latest Scandal: DOJ Now Pressuring Banks to Refuse Service to Gun Stores
http://www.infowars.com/holders-latest-scandal-doj-now-pressuring-banks-to-refuse-service-to-gun-stores/

18 posted on 05/02/2014 4:17:14 PM PDT by preacher (I am not a global warming hoax denier.)
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To: lee martell

Equal protection my butt, these people should be sued to oblivion.


19 posted on 05/02/2014 4:17:44 PM PDT by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: lee martell

This sounds a lot like “red-lining”, which was determined to be illegal.......by the government, no less.


20 posted on 05/02/2014 5:51:57 PM PDT by PhiloBedo (You gotta roll with the punches and get with what's real.)
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To: lee martell
Hmmm - guns and porn. It would seem that whatever the government wants to control 100% is discouraged until they manage to wrest that control from the People.

Guns to take them out of our hands.

Porn as a handy sideline to fete "dignitaries" and generate revenue.

21 posted on 05/03/2014 3:39:06 AM PDT by trebb (Where in the the hell has my country gone?)
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To: trebb

The goals are to incorporate, legislate and monopolize. It can’t be based on moral purity, something foreign to Obamas gang.


22 posted on 05/03/2014 6:41:04 AM PDT by lee martell
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