Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

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
Navigation: use the links below to view more comments.
first previous 1-2021-22 last
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?)
[ Post Reply | Private Reply | To 1 | View Replies]

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
[ Post Reply | Private Reply | To 21 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-22 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson