Siteadmin, Check users, oversight, Administrators
20,682
edits
Changes
Jump to navigation
Jump to search
New
'''Operation Choke Point''' is a 2012 program started by [[Obama]]'s Justice Department that uses the [[FDIC]] to pressure banks not to extend credit or other financial services to certain industries, such as [[pornography]]. Under that guise, the program was used as a backdoor to punish industries that Obama disagreed with, such as the firearms industry.
[[Congress]] would investigate and rebuke the findings but little has been done to stop it and it is still operational. <ref>[http://dailysignal.com/2016/04/07/former-top-obama-official-says-operation-choke-point-had-collateral-consequences/ Former Top Obama Official Says Operation Choke Point Had ‘Collateral’ Consequences, The Daily Signal, April 7, 2016]</ref>
Merchants targeted are denied [[bank]] loans as federal regulators flag them as “high risk” for fraud. In the firearms industry, that amounts to infringing on [[2nd Amendment]] rights. Some companies targeted by Operation Choke Point;
*[[Ammunition]] sales
*Firearms sales
*Payday loans
*Money transfer networks
*Debt consolidation
*[[Online gambling]]
*Pornography
*Escort services
==References==
<references/>
[[Category:Obama administration]]
[[Category:Second Amendment]]
[[Category:Government]]
[[Congress]] would investigate and rebuke the findings but little has been done to stop it and it is still operational. <ref>[http://dailysignal.com/2016/04/07/former-top-obama-official-says-operation-choke-point-had-collateral-consequences/ Former Top Obama Official Says Operation Choke Point Had ‘Collateral’ Consequences, The Daily Signal, April 7, 2016]</ref>
Merchants targeted are denied [[bank]] loans as federal regulators flag them as “high risk” for fraud. In the firearms industry, that amounts to infringing on [[2nd Amendment]] rights. Some companies targeted by Operation Choke Point;
*[[Ammunition]] sales
*Firearms sales
*Payday loans
*Money transfer networks
*Debt consolidation
*[[Online gambling]]
*Pornography
*Escort services
==References==
<references/>
[[Category:Obama administration]]
[[Category:Second Amendment]]
[[Category:Government]]