I didn't care when they came for Porn Stars, I wasn't one ..

GURPS

INGSOC
PREMO Member
Operation Choke Point .....


The Porn Star Bank Account Story Just Got A Whole Lot More Interesting.

If you missed the fact that JP Morgan Chase is closing the bank accounts of people in the adult film industry, then you can catch up right here. But there's an update, and it's sinister, and you need to know about it.

According to this, Eric Holder's US Dept of Justice might be behind this effort, in something called Operation Choke Point, which is supposedly a targeted program designed to shut down as many as THIRTY separate industries by closing them out of banks. The American Bankers Association CEO Frank Keating wrote for the WSJ that the DOJ is essentially telling bankers to be morality police.

He wrote, "Operation Choke Point is asking banks to identify customers who may be breaking the law or simply doing something government officials don’t like. Banks must then ‘choke off’ those customers’ access to financial services, shutting down their accounts.”

since when don't liberals like porn and sexual freedom :shrug:




Magpul or the NRA Next ?
The Tea Party, Libertarian Party ?


hard to organize opposition without a way to pool money
 

Hijinx

Well-Known Member
Operation Choke Point .....




since when don't liberals like porn and sexual freedom :shrug:




Magpul or the NRA Next ?
The Tea Party, Libertarian Party ?


hard to organize opposition without a way to pool money

One thing the banks will not do is stop accepting drug money.

Operation Choke Point, what a great name for attacking porn stars, without a gag reflex.
 

GURPS

INGSOC
PREMO Member
Obama's 'operation choke point' seeks to destroy sectors of private lending industry


Breitbart News has learned that in 2013 the Obama administration launched an under-the-radar project, 'Operation Choke Point,' which is designed to destroy three sectors of the private lending industry: third party payment processors ("TPPPs"), payday lenders, and online lenders.

The operation is headed by political operatives and career bureaucrats at the Department of Justice, the FDIC, and the new Consumer Financial Protection Bureau ("CFPB"). It appears to be the latest example of the Obama administration's successful efforts to weaponize the apparatus of the federal government against people and industries it opposes ideologically.

According to the Wall Street Journal, the federal initiative now known as 'Operation Choke Point' is an outgrowth of the President's Financial Fraud Task Force, established by President Obama by Executive Order in 2009. It also appears to have been kicked off in secret by the Department of Justice, FDIC, and the CFPB in early 2013 without the requisite statutory authority. Officials at the Department of Justice have withheld information about the program from Congress, though they have eagerly shared details with federal financial institution examiners authorized to supervise and discipline the nation's banks and related financial institutions.

On August 22, thirty-one members of Congress sent a letter to Attorney General Eric Holder and FDIC Chairman Martin Gruenberg , requesting a briefing of Congressional staff members on the project, the details of which were so obscure they did not yet know it had obtained the status of a federal initiative and was called 'Operation Choke Point.'

In the letter, which was organized by Congressman Kevin Yoder (R-KS) and Congressman Blaine Luetkemeyer (R-MO), the members of Congress stated "t has come to our attention that the DOJ and the FDIC are leading a joint effort that according to a DOJ official is intended to 'change the structures within the financial system...choking [online short term lenders] off from the very air they need to survive.' "
 

GURPS

INGSOC
PREMO Member
Targeted? Gun sellers say ‘high risk’ label from feds cuts off banking options, restricts business
Obama plan pressures financial institutions

Since 2011, regulators have increased scrutiny on banks’ customers. The Federal Deposit Insurance Corp. in 2011 urged banks to better manage the risks of their merchant customers who employ payment processors, such as PayPal, for credit card transactions. The FDIC listed gun retailers as “high risk” along with porn stores and drug paraphernalia shops.

Meanwhile, the Justice Department has launched Operation Choke Point, a credit card fraud probe focusing on banks and payment processors. The threat of enforcement has prompted some banks to cut ties with online gun retailers, even if those companies have valid licenses and good credit histories.

“This administration has very clearly told the banking industry which customers they feel represent ‘reputational risk’ to do business with,” said Peter Weinstock, a lawyer at Hunton & Williams LLP. “So financial institutions are reacting to this extraordinary enforcement arsenal by being ultra-conservative in who they do business with: Any companies that engage in any margin of risk as defined by this administration are being dropped.”



it is not paranoia, if they are out to get you
 
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Hijinx

Well-Known Member
it is not paranoia, if they are out to get you

Well Obama has taken over every agency in the Government that are supposed to be non-partisan, and turned them into Obama agencies.
I speak of the FBI, the DOJ, The IRS, The EPA the CBO, The Department of Education, the State Department, why the hell shouldn't he take over the banks too after all he sent them money not to fail, why shouldn't he use them like he is using the rest of the Government?
 

Hijinx

Well-Known Member
SunTrust Shuns Trust of Customers in Benham Attack
SunTrust Bank is making an unexpected withdrawal all right -- from Christian customers. In a mind-blowing announcement, the institution announced that it's dropping religious conservatives and would-be HGTV stars, David and Jason Benham from their list of financial partners. The brothers, who were still recovering from the shock that producers had booted them from their charity show for their biblical views, found out yesterday that their bank unexpectedly cut ties with them, despite their "preferred broker" status.

According to Daily Caller's Alex Pappas, who broke the story, SunTrust "has pulled all of its listed properties with the Benham brothers' bank-owned property business, which includes several franchises across four states." The news came as a total shock to the brothers, without any warning or explanation. "If our faith costs us our HGTV show and our business, then so be it," Jason said in a statement. "We were just caught off guard with this one. Keeping us off television wasn't enough -- now this agenda to silence wants us out of the marketplace."

Pressed for answers, SunTrust refused to explain. "As Americans," the Benhams explained, "we find ourselves at a crossroads and are forced with a decision to either stand up or sit down. Evidently, SunTrust's longstanding commitment to diversity must not include our historic Christian values." Conservatives have already lost their jobs, shows, businesses, and sense of security simply for exercising the freedom our founders died to give us.! Will they be shut out of the marketplace next? Not if the Benhams have anything to say about it. The brothers refuse to give in to the forces of political correctness and are making plans to take their assets elsewhere. And if SunTrust believes they'll be the only ones, they underestimate Americans' disgust for intolerance like this. If SunTrust holds your accounts, maybe it's time to bank on someone else! Contact SunTrust today by calling 800-786-8787 and urge them to respect the religious freedom of their customers.
 

GURPS

INGSOC
PREMO Member
Eric Holder's Bank Intimidation Continues to Choke Out Firearms and Ammunition Dealers


Last year the Department of Justice partnered with the FDIC and the Federal Trade Commission to put a whole host of industries (and their customers) on a "high-risk" list and urged banks to pay close attention to those industries as part of Operation Choke Point. Operation Choke Point is described this way by USConsumers.org:

Operation Choke Point is a program by the Obama Administration designed to interfere with and destroy the banking relationships between America's banks and their clients. The name, "Operation Choke Point" was developed by the Department of Justice in Collaboration with the FDIC and the Office of Comptroller of Currency at the Treasury Department.

How it works:

  • Civil Investigative Demands (CIDs): These are a type of demand for information from banks an businesses issued by federal regulators as a "fishing expedition." Typically these CIDs request information about business practices, consumer behavior, consumer transaction data, and proprietary business information. Once one of these CIDs is received, companies are restricted from revealing the nature of the inquiry.
  • Enforcement Teams: DOJ and FDIC send enforcement teams to banks to intimidate them into ending their relationships with the industries listed above. The clients of these banks report that, without warning, they are notified by their banks that their banking relationship has ended, and they will need to find a new place to bank.

Storefront gun dealers, online dealers and ammunition dealers are on the "high risk" list, along with porn and other salacious products (as if they're even comparable, the Second Amendment is constitutional right, yet it's on the DOJ hit list). DOJ argues the program is needed to stop fraud, but that's a lie. The program is used to target politically inconvenient industries without the permission of Congress. As David Codrea has reported, these tactics are not new. Gun grabbing politicians like Senators Dianne Feinstein and Chuck Schumer have regularly compared firearms they don't like to child porn.

Linking firearms with pornography is hardly a new tack. In 2009, this column noted a multitude of idiotic offensive proposals by “The Smutty Professor,” Darrell A.H. Miller, Assistant Professor of Law at the University of Cincinnati. His "Guns as Smut: Defending the Home-Bound Second Amendment," published in the Columbia Law Review, “offers a provocative proposal for tackling the issue of Second Amendment scope, one tucked in many dresser drawers across the nation: Treat the Second Amendment right to keep and bear arms for self-defense the same as the right to own and view adult obscenity under the First Amendment -- a robust right in the home, subject to near-plenary restriction by elected government everywhere else.”

Likening guns with obscene materials isn’t limited to loopy, agenda-driven ivory tower academics with no real-world influence. Anti-gun Senators Dianne Feinstein and Chuck Schumer, with assists from Dick Durbin and Patrick Leahy, extended the comparison and went beyond it, advocating certain semiautomatics were equivalent with “child pornography,” and thus unprotected by the Bill of Rights.


:coffee:
 

vraiblonde

Board Mommy
PREMO Member
Patron
Wait: so you all don't think the fed should shut down the money of those who are "earning" it by illegal and/or fraudulent means?

Google the Bank Secrecy Act of 1970, my friends - this is nothing new. All Operation Choke Point does is expand that law to take the internet into account.
 

vraiblonde

Board Mommy
PREMO Member
Patron
so you can show where McMillion was conducting Illegal Arms Sales

No because I don't have access to their transactions and files. Can you show that they weren't? Or are you just content to take Chicks on the Right's word for it?
 

GURPS

INGSOC
PREMO Member
CotR was blogging about Pron stars, plenty of other information sites are reporting on gun manufactures
 

Hijinx

Well-Known Member

I guess they can pretty much do it to anyone or any business they care to.

Our Government is growing into the 4th Reich. Michelle has taken over food in the schools and is telling kids to monitor their parents and siblings. The banks are being told whose money to take and who to make loans to, health care is now a Government run fiasco , and Obama is making his own laws.
 

GURPS

INGSOC
PREMO Member
T.R. Liberti, owner and operator of Top Gun Firearms Training & Supply in Miami, has felt the sting firsthand. Last month, his local bank, BankUnited N.A., dumped his online business from its service. An explanatory email from the bank said: “This letter in no way reflects any derogatory reasons for such action on your behalf. But rather one of industry. Unfortunately your company’s line of business is not commensurate with the industries we work with.”
 

GURPS

INGSOC
PREMO Member
Department of Justice undeterred in appealing on behalf of Operation Choke Point



As Ed noted last week in regard to the Obama Justice Department’s ultra-bizarre and super-shady Operation Choke Point — an ATF scheme in which the feds tried to cut off what they deemed to be, ahem, objectionable enterprises’ access to banking services — it sure seems like a really great way to set up a system that will eventually ripen with corruption and abuse. The fact that two federal judges have recently recognized it as such, however, is not a deterrent for the ATF:

Two federal judges have ruled that widely used sting operations designed to ensnare suspects with the promise of a huge payday for robbing an imaginary drug stash house are so “outrageous” that they are also unconstitutional. One judge said the charges were so unfair that he threw them out after three suspects already pleaded guilty.

Each of the men admitted to charges that would put them in prison for seven years or more. But instead of sending them there, U.S. District Court Judge Manuel Real declared that federal agents had “created the fictitious crime from whole cloth” and that their conduct was unconstitutional. Then he dismissed the charges and ordered that all three be set free. …

Another judge there, Otis Wright, dismissed a similar case in March, concluding in a scathing order that a “reverse-sting operation like this one transcends the bounds of due process and makes the Government the oppressor of its people.”

The Justice Department has appealed both decisions.
 

GURPS

INGSOC
PREMO Member
Obama Admin. Is Getting Grilled About a Massive Mortgage Database That Could Be Used for Criminal Investigations


Congressional Republicans have raised privacy and security questions about the database, which is maintained by the CFPB and by the Federal Housing Finance Authority. The database information can also be used for law enforcement purposes, according to Investors Business Daily.

The federal registry states: “Where there is an indication of a violation or potential violation of law, whether civil, criminal or regulatory in nature, and whether arising by general statute or particular program statute, or by regulation, rule or order issued pursuant thereto, the relevant records in the system of records may be referred, as a routine use, to the appropriate agency, whether federal, state, local, tribal, foreign or a financial regulatory organization, including the Financial Crimes Enforcement Network and other law enforcement and government entities, as determined by FHFA to be appropriate and that are charged with the responsibility of investigating or prosecuting such violation or charged with enforcing or implementing a statute, or rule, regulation or order issued pursuant thereto.”

In a letter last month to Cordray and to Federal Housing Finance Authority Director Melvin Watts, House Financial Services Committee Chairman Jeb Hensarling (R-Texas) and ranking committee member Sen. Mike Crapo (R-Idaho), sought more information about the database.

“Our principal concern is that the [federal registry] notice proposes to vastly expand the scope of FHFA’s data collection … to include a mortgage borrower’s Social Security number, financial account numbers, address, zip code, telephone number, race, religion, marital status, language spoken, education, military record, employment, presence of children by various age categories, deceased indicator, financial, and life events in the last few years, bankruptcy information, other assets/wealth, and performance data on all credit lines (i.e., credit cards, student loans, auto loans, and other loans reported to credit bureaus) of the mortgage borrower and all those associated with mortgage,” the letter said.

“Moreover, the FHFA and CFPB have already publicly indicated that borrowers do not have the opportunity or the right to opt out of the database,” the letter continued.
 
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