3 ms·
Reminds me of "Operation Chokepoint" where the U.S. federal government was able to persuade (not force) banks to cut off firearms dealers from their accounts in
by weirdstuff 9y ago
Reminds me of "Operation Chokepoint" where the U.S. federal government was able to persuade (not force) banks to cut off firearms dealers from their accounts in an effort to affect "unsavory businesses".
Another reason why I want to avoid a cashless society, at least in the way we're heading right now. Scary how quickly banks will cave in to pressure from the feds before any legal process even begins (if ever).
http://www.newsmax.com/US/Operation-Choke-Point-federal-banks-businesses/2014/05/28/id/573858/ http://www.newsmax.com/US/Operation-Choke-Point-federal-bank...
- carterpaige 9y agoYou'll be happy to know that the Trump administration is dismantling it. http://www.politico.com/story/2017/08/17/trump-reverses-obama-operation-chokepoint-241767 http://www.politico.com/story/2017/08/17/trump-reverses-obam... The presumption of guilt turns the entire concept of justice on its head. A 'cashless' society at best is one that ensures that only those at the top might get to enjoy the fruits of fraud and corruption.
- colemannugent 9y agoScary stuff. Also, can anyone tell me why the other reply to the parent is dead? It was a completely relevant response that, I assume, was downvoted because it mentioned something that Trump did in a positive way.
- weirdstuff 9y agoI saw that dead comment too and can't figure it out.