Trump Ends Obama’s ‘Operation Choke Point’ A direct blow to Obama

a reply to: EternalShadow

I thought you were concerned with President Trumps laundering..(UNFOUNDED)..and yet you ask what the present administration is going to do about previous administration policies?

Obama didn't create the problem. And, Trump is no strange bedfellow to money laundering.

Hitting organized crime, drug dealers and terrorists in their pocket book is what the "Wars on...." are all about. Payday loan companies are relatively new, but predatory loan practices are not, and are partially responsible for the "housing bubble" that popped, which resulted in Congress enacting the Dodd/Frank act.

Operation Choke Point addressed unregulated predatory lending practices and the banks that supported them. How is Trump going to address the money laundering problem that these outlets provide to drug dealers, gangs and terrorists?

Perhaps if Trump had a plan in place, instead of willie nillie repealing everything Obama did, I wouldn't be so contrite. But right now, this sounds like a sweet deal for Putin and his Mafia cronies.

a reply to: xuenchen

But they also illegally targeted legitimate "unPC" businesses that were the real targets.

Prove it.

What else has Obama done to cripple businesses? It's amazing that every couple of weeks, President Trump has to remove or fix some damage wrought by the Obama administration.

a reply to: xuenchen


You've listed types of businesses that seem suspicious to me. Please list the actual victims/companies that were illegally investigated and their outcomes.

Otherwise, you've proved nothing nefarious at all.

a reply to: carewemust

It's amazing that every couple of weeks, President Trump has to remove or fix some damage wrought by the Obama administration.

If Trump allowed legal cannabis businesses to use banks and take credit cards hed help the business community and the economy by leaps and bounds!

originally posted by: windword
a reply to: xuenchen


You've listed types of businesses that seem suspicious to me. Please list the actual victims/companies that were illegally investigated and their outcomes.

Otherwise, you've proved nothing nefarious at all.

The "absence" of prosecution is paramount.

Most of the targets are cash only anyway.

The wiki has the results.

The "thin" results.

originally posted by: windword
a reply to: carewemust

It's amazing that every couple of weeks, President Trump has to remove or fix some damage wrought by the Obama administration.

If Trump allowed legal cannabis businesses to use banks and take credit cards hed help the business community and the economy by leaps and bounds!

That isn't up to Trump.

Or is it?

a reply to: xuenchen

Mostly "setup" in advance of pre-arranged "enforcement".

Do you have proof of this or is it just something you "believe"

I went from a fawning enthusiastic supporter of the DNC and Obama when he first got elected to disillusioned with Libya and Syria proxy wars around 2011 to outright thinking the DNC and most leading politicians are totally in cahoots with a corrupt establishment by this past election cycle.

To be clear, I already knew the Republicans were bad after Bush

a reply to: TinfoilTP

originally posted by: windword
a reply to: EternalShadow

I thought you were concerned with President Trumps laundering..(UNFOUNDED)..and yet you ask what the present administration is going to do about previous administration policies?

Perhaps if Trump had a plan in place, instead of willie nillie repealing everything Obama did, I wouldn't be so contrite. But right now, this sounds like a sweet deal for Putin and his Mafia cronies.

I'm sorry.. I'm not GLUED to any MSM news so I may not be who you think you engaged.

I did read your entire comment and as soon as you implied the whole RUSSIA THING, that's where it ended with me because...... F#KING PROVE IT!!

LAUNDERING!! F#ING PROVE IT!!!!!

RACIST!!! F#KING PROVE IT!!!!!

WHITE SUPREMACIST!!! PROVE IT!!!!

UNTIL THEN, STFU!!!!

I'm not even a supporter or voter for President Trump, but I wholeheartedly want our government and executive branch to move forward on policies that may seem sh# to most, but have our bottom lines covered.

No I don't agree with our foreign policy, but goddamn it, we need to take care of home FIRST!!

ANYTHING IN THAT IMMEDIATE DIRECTION is A -OK with me!!

No, I'm not naive to believe in this democracy that the individual matters, but this individual believes our core values matter.

Problem is our youngsters, and misguided adults, believe otherwise. Sooooooooo... shouting in the faces of others makes up for the lack of attention from mommy and daddy could muster as they navigated cut backs and overseas manufacturing which decimated their savings and bottom lines as they tried to finance their children's college tuition.

I'm ranting... but whatever..

originally posted by: scraedtosleep
a reply to: xuenchen

Mostly "setup" in advance of pre-arranged "enforcement".

Do you have proof of this or is it just something you "believe"

Take a look at the results of the "prosecutions".

Then see your bank statement when you are over-drawn.

originally posted by: windword
a reply to: EternalShadow

I thought you were concerned with President Trumps laundering..(UNFOUNDED)..and yet you ask what the present administration is going to do about previous administration policies?

Obama didn't create the problem. And, Trump is no strange bedfellow to money laundering.

Hitting organized crime, drug dealers and terrorists in their pocket book is what the "Wars on...." are all about. Payday loan companies are relatively new, but predatory loan practices are not, and are partially responsible for the "housing bubble" that popped, which resulted in Congress enacting the Dodd/Frank act.

Operation Choke Point addressed unregulated predatory lending practices and the banks that supported them. How is Trump going to address the money laundering problem that these outlets provide to drug dealers, gangs and terrorists?

Perhaps if Trump had a plan in place, instead of willie nillie repealing everything Obama did, I wouldn't be so contrite. But right now, this sounds like a sweet deal for Putin and his Mafia cronies.

Obama used the problem as an opportunity to shield his politically motivated attack upon everything American in nature.
The exact same way he used "Fast and Furious" And he had a very guilty conscious about the things he was doing so he classified many of them to hide the illegality of them, which was illegal in itself.

It's too bad the brainwashing is so utterly complete on those who are in terminal denial.

a reply to: EternalShadow


Triggered much?

The Trump Taj Mahal casino broke anti-money laundering rules 106 times in its first year and a half of operation in the early 1990s, according to the IRS in a 1998 settlement agreement.
www.cnn.com...

I never claimed Trump is a racist or a white supremacist, even though he probably is. But money laundering is something Trump is familiar with, and so are his buddies.

a reply to: NoCorruptionAllowed

Obama used the problem as an opportunity to shield his politically motivated attack upon everything American in nature.

Says you. Are predatory lending and Ponzi schemes "American in nature"?

originally posted by: windword
a reply to: EternalShadow


Triggered much?

The Trump Taj Mahal casino broke anti-money laundering rules 106 times in its first year and a half of operation in the early 1990s, according to the IRS in a 1998 settlement agreement.
www.cnn.com...

I never claimed Trump is a racist or a white supremacist, even though he probably is. But money laundering is something Trump is familiar with, and so are his buddies.

Well then you should be happy about that then. I mean, the FBI has hired ex-criminals to better catch current criminals right? What better to catch them with than someone who knows all the ropes?

originally posted by: windword
a reply to: NoCorruptionAllowed

Obama used the problem as an opportunity to shield his politically motivated attack upon everything American in nature.

Says you. Are predatory lending and Ponzi schemes "American in nature"?

It is common knowledge now, even for Obama supporters.
Obama used the operation to target opposition far more than he went after ponzi schemes. I mean, he didn't really want to hurt his biggest contributors.

a reply to: windword
www.williamsmullen.com...

Conclusion
The Court issued its order on the motions to dismiss on September 25, 2015. Under ordinary federal procedures, the parties should be meeting to plan out the discovery in the case in the next several weeks. Assuming they do so, the discovery period likely would take several months, with additional motions to be filed sometime next year. If the case follows this course, then by this time next year we may have a clear indication of what proof the plaintiffs are able to muster to support their claims. However, there are a number of procedural maneuvers that may ensue, including an immediate appeal by the defendants. Although this is rare, there is potential for an additional delay in the case.

This conclusion is particularly perplexing as it relates to the sales of firearms. All sales of firearms by Federal Firearms Licensees – the businesses within the firearms industry that sell to consumers and use the banking system – are subject to background checks in which a purchaser’s personal information and the seller’s information are run through the FBI’s National Instant Criminal Background System. How sales conducted through such a system present a high risk for fraud, and why federal bank regulators would draw such a conclusion, remain unanswered.

originally posted by: TruMcCarthy
Every time I start to lose confidence in the Trump Administration, they come back with something that I wholeheartedly applaud. Trump has done so many good things, it's hard to reconcile it with the foolish things. It must be that he wants to help the country, and is doing what he can, but is easily distracted, and oft-manipulated. Still, Op-Choke Point deserved to die. Kudos.

i feel the same way..

he is trying to do good things..

but he is a highly flawed human being as well.

I think he could do more if he wasnt hounded.

what is the count on bad policy decisions? I cant think of much honestly.. cruise missiles in syria would be one off the top of my head.

the way he talks is pretty #ty a lot of the time.

originally posted by: NoCorruptionAllowed

originally posted by: windword
a reply to: EternalShadow

I thought you were concerned with President Trumps laundering..(UNFOUNDED)..and yet you ask what the present administration is going to do about previous administration policies?

Obama didn't create the problem. And, Trump is no strange bedfellow to money laundering.

Hitting organized crime, drug dealers and terrorists in their pocket book is what the "Wars on...." are all about. Payday loan companies are relatively new, but predatory loan practices are not, and are partially responsible for the "housing bubble" that popped, which resulted in Congress enacting the Dodd/Frank act.

Operation Choke Point addressed unregulated predatory lending practices and the banks that supported them. How is Trump going to address the money laundering problem that these outlets provide to drug dealers, gangs and terrorists?

Perhaps if Trump had a plan in place, instead of willie nillie repealing everything Obama did, I wouldn't be so contrite. But right now, this sounds like a sweet deal for Putin and his Mafia cronies.

Obama used the problem as an opportunity to shield his politically motivated attack upon everything American in nature.
The exact same way he used "Fast and Furious" And he had a very guilty conscious about the things he was doing so he classified many of them to hide the illegality of them, which was illegal in itself.

It's too bad the brainwashing is so utterly complete on those who are in terminal denial.

The IRS targeting too.

That one was another burning exposure.

a reply to: NoCorruptionAllowed


You say that Obama used the law to target opposition. I say Obama used the law to identify criminal activity and curb terrorist funding through money laundering outlets.

Now that Trump have repealed the effort, what effort will he use to identity money laundering operations that are supplying terrorists and gangs with weapons from drug money and other illegal predatory sources?

Will Trump begin to allow legal cannabis dispensaries and growers to start using banks and accept credit cards?