Federal Deposit Insurance Corporation’s Involvement in “Operation Choke Point”

cad68m_m · Dec 9, 2014

Just released by Congressman Issa'a Committee. The FDIC is shown to have been listing legal businesses such as firearms and ammunition sellers in a list with illegal businesses in an attempt to cause Banks to deny them services.

Boom Boom · Dec 9, 2014

That's not news. Chokepoint has been an ongoing topic of discussion since August 2013.

Bob A · Dec 9, 2014

Thank you for the link. It's interesting, if somewhat terrifying, reading from Darryl Issa's committee. The behavior evidenced by the FDIC is on a par with the worst excesses of organised crime. Telling a banker that his bank will be subjected to an immediate unscheduled audit if he chose to lend money to a legitimate business, because the FDIC regulator didn't like the business in question, demonstrates that the Federal Government has been co-opted to a remarkable degree by thugs.

While many regulators seem dismayed and taken aback by this, it remains to be seen whether the gangsters will win. They seem to have the backing of the current administration, so there's little point in having the DoJ look into it.

No doubt the bold defenders of the public's Right To Know will take up the banner and investigate. Right. . . . No.

Half-cocked · Dec 9, 2014

I'm sure the press would be just as silent on this issue, if a Republican administration was using the same tactics to cut off banking services to abortion clinics. :sarcasm:

BeoBill · Dec 10, 2014

Bob A said:
Thank you for the link. It's interesting, if somewhat terrifying, reading from Darryl Issa's committee. The behavior evidenced by the FDIC is on a par with the worst excesses of organised crime. Telling a banker that his bank will be subjected to an immediate unscheduled audit if he chose to lend money to a legitimate business, because the FDIC regulator didn't like the business in question, demonstrates that the Federal Government has been co-opted to a remarkable degree by thugs.

While many regulators seem dismayed and taken aback by this, it remains to be seen whether the gangsters will win. They seem to have the backing of the current administration, so there's little point in having the DoJ look into it.

No doubt the bold defenders of the public's Right To Know will take up the banner and investigate. Right. . . . No.

The DOJ came up with the idea. There's NO point in having them investigate anything...

Brooklyn · Dec 11, 2014

SOP.. but it should make a fine lawsuit someday.

cad68m_m · Dec 13, 2014

Boom Boom said:
That's not news. Chokepoint has been an ongoing topic of discussion since August 2013.

The news is that the Congressional Report was just issued December 8, 2014 and is attached to my first post.

Boom Boom · Dec 13, 2014

I'll repeat. The report is not news. It briefly documents what everyone who's followed the issue already knows. Importantly, did you notice what the report lacks? And can you surmise why?

Alea Jacta Est · Dec 13, 2014

Boom Boom said:
I'll repeat. The report is not news. It briefly documents what everyone who's followed the issue already knows. Importantly, did you notice what the report lacks? And can you surmise why?

ANY NOTION OF ACCOUNTABILITY.....CAUSE IT DON'T EXIST IN WASHINGTON

AntiGun · Dec 13, 2014

Nnztg8r said:
ANY NOTION OF ACCOUNTABILITY.....CAUSE IT DON'T EXIST IN WASHINGTON

amen

Boom Boom · Dec 13, 2014

Nor any mention of what follow-up action to take. Pure political theatre while kicking the can.

win296 · Dec 20, 2014

Operation Choke Point is now defunded.
http://www.nraila.org/legislation/f.../12/pro-gun-protections-enacted-into-law.aspx

john_bud · Dec 20, 2014

the operatives should be prosecuted

montoya32 · Dec 21, 2014

There are IPs here that were involved in this "covert" operation and had to change where they banked because of this. Heads need to roll and this is just another straw on the camel's back.

redeemed.man · Dec 21, 2014

montoya32 said:
There are IPs here that were involved in this "covert" operation. Heads need to roll and this is just another straw on the camel's back.

Involved in or harmed by? Please clarify so I can make my buying decisions accordingly.

montoya32 · Dec 21, 2014

boundlessdyad said:
Involved in or harmed by? Please clarify so I can make my buying decisions accordingly.

They had their accounts cancelled by the banks. This was an operation targeting the firearm industry. I doubt they partnered with any of them.

redeemed.man · Dec 21, 2014

montoya32 said:
They had their accounts cancelled by the banks. This was an operation targeting the firearm industry. I doubt they partnered with any of them.

That's what I thought you meant but the "involved in" comment left me a bit confused.

montoya32 · Dec 21, 2014

boundlessdyad said:
That's what I thought you meant but the "involved in" comment left me a bit confused.

I corrected my statement.

jpk1md · Dec 21, 2014

john_bud said:
the operatives should be prosecuted

Bingo

Until govt appointees/employees are prosecuted for their criminal actions and imprisoned these stunts will continue

redeemed.man · Dec 21, 2014

montoya32 said:
I corrected my statement.

The clarification is appreciated. I was truly worried we had an IP that may have gone turncoat on us. Sorry for the misunderstanding. :thumbsup:

Federal Deposit Insurance Corporation’s Involvement in “Operation Choke Point”

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