Opinion from a Libertarian ViewPoint

Posts Tagged ‘Operation Choke Point’

Democrats are waging a financial civil war in America, targeting banks that fund pro-liberty projects that Leftists don’t like –

Posted by M. C. on March 21, 2019

How dare the company do that, Rep. Carolyn Maloney (D-N.Y.) lectured. How dare Wells Fargo not bow to the browbeating of Leftist Democrats and follow the lead of other banks in ditching gun makers and retailers.

Specifically, she blasted Sloan because Wells Fargo hasn’t adopted what the anti-gun Left calls “best practices” for the banking industry when it comes to firearms…

(Natural News) Let’s get one thing straight: The Democratic Left hates the Constitution. They always have and they always will because it is so effective in preventing authoritarians like them from taking over all the reins of power…

The Left looks at sabotaging the Second Amendment in the same way. Because they know they won’t ever muster support among enough states to repeal it, they are focusing instead on strategies to simply neuter it.

That’s what Operation Choke Point (OCP) was designed to do. As a refresher, OCP was an Obama-era initiative implemented by lawless hacks at his “Justice” Department to investigate (i.e. harass) banks that did business with gun dealers, as well as payday lenders and other companies thought to be involved in fraud or money-laundering.

As Frank Keating wrote in The Hill last year:

A little-known program carried out by President Obama’s Department of Justice (DOJ) whipsawed small business for years, and to date no one has been held accountable. Federal officials pressured banks to close the accounts of businesses solely because they were ideologically opposed to their existence. This runs counter to the very principles of due process and fairness that form the backbone of our nation’s laws.

The Obamaites knew they couldn’t get a GOP Congress to approve legislation that would put gun makers and dealers out of business, so they devised another way to do it: Ruin them economically by cutting off their access to financial services, despite the fact that they were lawful businesses operating on the up-and-up.

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