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Posted on 10/17/2018 3:16:10 PM PDT by MtnClimber
A lawsuit against federal banking regulators filed last Friday in Washington D.C. may appear at first blush to be a simple case of due process violation but, according to at least one legislator and a former ambassador, documents released in the case actually prove an Obama-era program, long thought to prevent some businesses disfavored by that administration from operating, was doing exactly that.
The documents were released as part of the Plaintiffs’ Motion for Summary Judgment in the lawsuit Advance America et al. v. Federal Deposit Insurance Corp. et al. in which three payday lenders allege that federal regulators were arbitrarily and unfairly trying to put them out of business by cutting — or choking — off their access to banking services.
To Congressman Blaine Luetkemeyer (MO-03), Chairman of the Financial Institutions and Consumer Credit Subcommittee, the documents prove that Operation Choke Point was exactly what he and other conservative legislators always feared it was: a plan to put businesses that weren’t politically in line with the Obama administration out of business.
“Those documents in the [Advance America v. Federal Deposit Insurance Corp] case validated everything we thought at the time about Operation Choke Point,” Luetkemeyer told Townhall. “That there were some business — often they were related to the sale of firearms — that were disfavored by the Obama administration, and they were arbitrarily denied their due process rights and kept from doing business by using the banking sector to choke them out of operation.”
(Excerpt) Read more at townhall.com ...
Another example of the corruption you get when democRATs are elected.
But it’s conservatives who are the fascists ...
Under Hillary how far and wide would they have choked off us Deplorables?
The DNC is a shitburger with extra arsenic sauce, a side of crapfries and a room temperature jumbo filled 1/5th way Caffeine Free Diet Coke with no straw ... all sales taxed 100%.
I hope they get soaked but who really pays for it. The money should come from funds for Obama’s “library” and he should be sued personally because ehat he did was clearly extraconstitutional.
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Yes indeed, Obama, Holder and Jarrett weaponized the Federal bureaucracy to further their agenda. Corrupt as hell but the old saying “democrats play to win, non Trump republicans, not so much” applies.
I also think that those responsible should be personally sued, including 0bama and H0lder.
Former president “Brown Pile” [of fecal matter] knows ALL ABOUT “backdoor attacks” from his Man Country days, and his “marriage” to Big Mike...
Deprivation of rights under color of law. Bigtime felony.
Sessions will get right on it.
We both know Sessions will do nothing. Hopefully in a few months he will be gone and trump will appoint someone with backbone who will go after crimes like this.
Interesting picture...
In eight years 0bama not only weaponized the DOJ, FBI and IRS, he weaponized the entire federal government against people he didn’t like.
POS.
5.56mm
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