Congressman Demands Investigation of FDIC “Choke Point” Policy [satire]

Semi-News/Semi-Satire ^ | 13 Dec 2014 | John Semmens

[John Semmens]

Rep. Blaine Luetkemeyer (R-Mo) is demanding an investigation of the Federal Deposit Insurance Corporation’s “Operation Choke Point” practices. Under these practices, the FDIC pressured banks to freeze or close accounts of businesses that the US Department of Justice designated as “anti-social enterprises.” Among the businesses targeted by DOJ are firearms sellers, coin dealers, and pharmaceutical sales.

Martin Gruenberg, chairman of the FDIC, admitted that “while these businesses are not illegal, per se, the president has made it very clear that they are outside the boundary of the type of businesses he thinks we ought to have in our society. There is no valid need for them. Yet, hiding behind a so-called right to free enterprise, the firms engaged in these businesses undermine our collective well-being.”

In contrast, Luetkemeyer denounced the Operation Choke Point program as “an illegal suppression of the Constitutional and natural right of people to engage in voluntary exchanges. The president has every right to urge people not to buy the products of any business. He and his minions do not have the right to conduct a covert campaign of harassment and abuse aimed at driving these businesses out of the marketplace.”

In an attempt to curb this FDIC abuse, Luetkemeyer has drafted a bill—the Financial Institution Customer Protection Act. Gruenberg, however, remained confident that it poses no threat. “First of all, for this bill to become law it needs the President’s signature,” Gruenberg observed. “That will never happen. But even if were to override his veto, the president could simply refuse to enforce it. We will continue to do what the President wants. There is nothing Congress can do to stop that.”

if you missed any of this week's other semi-news/semi-satire posts you can find them at...

http://azconservative.org/2014/12/13/cromnibus-puts-taxpayers-on-hook-for-bank-losses/

[Pelham]

I checked Luetkemyer’s webpage and this is on it.

So it turns out that we have Lois Lerners in other government agencies, illegally using their jobs to further their personal agendas and violating the rights of Americans.

When are some of these criminals going to be charged with crimes?

Probably not until we get a real second party in place of the worthless GOP.

[Shamrock498]

i swear at first i did not notice it was “satire” and as i read it i thought “yeah this doesnt surprise me in the least”

the line between the two is much more blurry than it used to be