GOP Passes Amendment Denying Funds to 'Operation Choke Point'

On May 19 Breitbart News reported that banks were cutting ties with firearm and ammunition manufacturers and retailers because of pressure being brought to bear on financial institutions by the Department of Justice (DOJ) via "Operation Choke Point."

Since then, we reported that this DOJ operation has turned into a search and destroy mission by which the Obama administration goes after banks working with businesses the administration does not like: firearms/ammunition manufacturers and retailers among them.

On May 29 Representative Blaine Luetkemeyer (R-MO-3) offered an amendment to the Commerce, Justice, Science spending bill to be sure no funds in it are appropriated to support "Operation Choke Point." The amendment passed on a voice v

GOP Passes Amendment Denying Funds to 'Operation Choke Point'

The Feds (interdepartmental task force of DOJ, FDIC, and CFPB) are twisting the arms of Bankers to no longer work with companies they do not like, but have no laws to go after. Now imagine a cashless economy like they are now restricting in Italy and Sweden and talking about in Israel... It would mean that businesses that are lawful may not have access to funds and collapsed because a Dept like the DOJ does not like them... A document the FDIC released in 2011 warns third-party payment processors that the agency is concerned about their business with “disreputable merchants” in 30 industries.
In addition to “payday loans,” the document warns about “ammunition sales,” “firearms sales,” “coin dealers,” “online gambling,” “tobacco sales,” “racist materials,” “pornography,” and “telemarketing,” among others.

Out of Washington Times :
A Massachusetts gun seller says it’s the latest victim of a federal multiagency task force that is squeezing financing sources for industries deemed “high-risk” by the Obama administration, such as porn stores, drug paraphernalia shops and gun merchants.
www.washingtontimes.com...

A comment from the AmericanBanker website shows that this is effecting individuals such as strippers working at a club! :
Dear God! I would have thought if I opened a site like Operation Choke Point that it was just a stupid site that believes in all the conspiracy theories. However I deliberately looked this up after my daughter's banker told her that is why her account was closed. She works for a topless club in Hollywood, CA. Her bank is Chase. This is the most frightening thing that has ever happened. I am now a believer in what havoc obama has reaped on American people. When are people going to realize that this is not a joke or the result of hysterical people. This is for real.

on NewsMax
www.newsmax.com...

Basically, combining this tyranny with NSA profiling, then individuals can be targeted with the IRS so that decent can be quashed at every level...

The totalitarian machinery stands complete.....
Now we await the coming chaos that will usher in the NWO.

Obama. Great king. Guide me how I should be guided. Show me the way to righteousness. Legislate your perfection unto me. Dear leader. For you, in all your wisdom and omniscience, alone, know the path I must take.

Yeah... I see.. If the system America has cannot accomplish? Just make crap up as you go and do whatever it takes. After all, any means are justified by the end........right?

Amazing how banks are supposedly too big to prosecute, but small enough to be coerced into shutting down services for a few dozen industries including even personal services that the administration doesn't like.

Wow.

Amazing really. The double standard and hypocrisy. Operation choke point should be aimed at the people running it...

Wait, wut? o.O I understand the point of being wary of shady businesses, but if I read this right, the government is harassing (essentially) banks for doing legitimate business . . . with legitimate businesses?

And the reason for this would be? Did the government appoint itself the Moral Authority or something (wait, redundant question)

Since then, we reported that this DOJ operation has turned into a search and destroy mission by which the Obama administration goes after banks working with businesses the administration does not like

"Operation Chokepoint" is an illegal targeting scheme.

Similar to the IRS targeting.

It is not a "Legislated" operation.

It is ultra-Progressive tyranny.

Perfect example of Executive Branch abuse of power.

a reply to: R_Clark

Whatever amount the administration is pushing for should be allocated to a special prosecutor to investigate Obama and prosecute his band of merry thugs. Then they can go after the media outlets who decided not to report on these issues.

originally posted by: xuenchen

Since then, we reported that this DOJ operation has turned into a search and destroy mission by which the Obama administration goes after banks working with businesses the administration does not like

"Operation Chokepoint" is an illegal targeting scheme.

Similar to the IRS targeting.

It is not a "Legislated" operation.

It is ultra-Progressive tyranny.

Perfect example of Executive Branch abuse of power.

Isn't this what's been going on for the longest time? With both state and federal? It isn't just the banks, it's EPA, OSHA, IRS, etc.

Try opening a business that makes batteries with lead.
Try opening a business that deals with waste water. Fuel of any kind, in ground tanks, hazard waste, paint, printed circuit boards,chrome or any type of plating, transportation, etc. They push, control, fine, intimidate, and threaten. They achieve more power, more money, and it continues. Some states are wacky more than others, it even happens to you personally if you live in New York. They micromanage so many aspects large and small the one who ultimately pays is the consumer. The business always passes the cost onto the consumer.

It ok you want fat free oil on your fries? It just cost us more at the window. Go ahead make minimum wage $40.00 an hour that big mac will just cost $10.00. In California they passed prop 13 to stop the state from raising property taxes, by making your tax 1% of the assessed value of the home, and thats it. No problem the state just went to charging for waste water discharge, they were going to get their cost increase one way or the other. So now when you wash a car for example the cost for the water leaving is more than the cost of it coming into the property.

Everyone who works sees it everyday, their business has been affected one way or the other through regulation, taxes, insurance. I wonder what the real cost to us is besides income tax when you add up the cost business pays because of regulation, taxes etc. It's probably one of the ultimate hidden secrets.

a reply to: R_Clark
I'll say it again, DUMP YOUR BANK!!!
They cannot survive without us, but we can thrive without them.
It's a lot harder to track cash than cards, and the bank won't make 8-10 percent on the merchants.
Plus going bankless you have real time accounting of your cash and live within your means.

a reply to: R_Clark

I'm sorry, but you kinda asked for it. I was so into the thread and it is scary as I collect and sell coins and hope to one day own a coin shop, but as a 28 year old male I can only think about your daughter.

I know, I know its your daughter, and it's totally not cool of me, but im being honest.

Oh and if she's in the eastern states when the whole thing collapses she can totally bug out on the farm in Louisville. I guess that invite also extends to you by default.. Dad.

1. Massive, expensive FedGov ammo orders.
2. Once the contract is let, the mfrs set out to get the funding for the raw materials to execute the FedGov order.
3. Banks are ordered by the DOJ to reject the loan.
4. FedGov PO cannot be fulfilled, severe penalties therefore enacted.
5. Penalties severe enough to bankrupt the ammo manufacturers.
6. No more ammo manufacturing.

originally posted by: g146541
a reply to: R_Clark
I'll say it again, DUMP YOUR BANK!!!
They cannot survive without us, but we can thrive without them.
It's a lot harder to track cash than cards, and the bank won't make 8-10 percent on the merchants.
Plus going bankless you have real time accounting of your cash and live within your means.

Since Congress is responsible for currency they can easily end "green backs" and state debit cards are the new currency. The government could also mandate paychecks are required to be a direct deposit. Currently writing a check or using a bank / credit card is not considered actual legal tender. Its essentially an IOU and those forms of payment can be rejected by businesses which again can result in a nasty backlash.

I do remember some time back some states on the east coast (namely smaller cities) created their "own" currency that could be used by participating businesses. Since it does not replace / annul legal currency all the feds could do is complain.

A few years back a city in California passed an ordinance that prohibited fees for using ATM machines. The banks affected went to the feds and the ordinance was stopped by the courts.



While I agree with what you are stating it could very well lead to issues worse than what we see now. A plan would need to be in place if people were to go down this road. I would think a tax revolt would have more of an impact.

a reply to: R_Clark

WTF is wrong with coin shops?


Anyway the goverment hypocrasy here is astounding.

They want buisness recovery but restricting buisness?

Yeah ok......

originally posted by: crazyewok
They want buisness recovery but restricting buisness?

Yeah ok......

It makes sense if we view it from a socialist stand point instead of a free market system viewpoint.

a reply to: crazyewok

What amazes me on this one is that they are actually closing pole dancers accounts.... how granular can you get? It is truly tyrannical to the individual level... Imagine the crap that whistle blowers, entrepreneurs, and other innovators have to go through... 360 dominance... and why are none of these banks fighting for their accounts?

I guess none of the pole dancers are 'gay' otherwise it would be a huge scandal!

originally posted by: crazyewok
a reply to: R_Clark

WTF is wrong with coin shops?


Anyway the goverment hypocrasy here is astounding.

They want buisness recovery but restricting buisness?

Yeah ok......

Banks do not exchange gold or silver for cash. It makes perfect sense when viewed in conjunction with gun dealers and ammo manufacturers, if you look at it from the totalitarian control angle.

Without guns and ammo, government has complete physical control.

Without the ability to exchange precious metals (coin shops and the like), government (and the banks they coerce) have complete monetary control.

If your non-physical assets are seized, what good does having a physical asset that cannot be converted to the non-physical asset . . . when all financial transactions require the non-physical asset?

Government is simply continuing to back its citizens into a corner by eliminating the alternatives.

ETA - It's sad that most in this country (U.S.) see this as something the "other side" is doing, instead of realizing that both sides are in it together. There are two political camps in the U.S., but it's not Dem/Rep or Lib/Con . . . it's those in control of government and the populace. Unfortunately, the populace is to busy arguing over an imaginary football match between Arsenal (red) and Chelsea (blue).

a reply to: smithjustinb


Man, I love good sarcasm!

It is sarcasm isn't it? Because a lot of my Demmies sound just like this.

This is a perfect example of how a "corporate dictatorship" works, Americas democracy or democratic process is a joke and none functional s has been like that for a long time, the corporate dictatorship makes all the decisions and choses what laws to recognize and which ones to ignore, including the constitution.

And people still do not comprehend what living under tyranny means, after all nothing is wrong everything is peachy and is all for the good of the nation and its corporate dictators.

a reply to: solomons path

Its just odd as here in the UK I visit a number of coin shops and it just seems like a normal business. All of them in top end high street areas not shady back room alleys.

Had no idea they were viewed so negatively in the states.

It always comes as a shock to me the things your restricted or banned from buying.

Im starting a chemicals sales company company to get a bit of part time cash. Things im supplying are 100% legal to buy and sell in the UK but the same thing would get be 25 years in a US jail!

I like fireworks and buy them all the time here in the UK. Big ones. Again id get jail time in the states.

Its odd that you can buy a machine gun but cant buy common chemicals or fireworks and now coins

Makes zero sense to me.