by Azreel | April 30th, 2014
There’s no other way to put it: this is official state oppression. The DOJ (Department of Justice) has taken upon itself the role of Morality Police. Without the backing of Congressional legislation, or even bureaucratic regulation, they are systematically forcing banks to close the accounts of those conducting lawful business that they don’t approve of.
It’s called Operation Choke Point, and it has nothing to do with deep-throating.
Instead, it’s a targeted effort to shut down as many as 30 separate industries by making it impossible for them to access banking services.
In a Wall Street Journal op-ed Thursday, American Bankers Association CEO Frank Keating wrote that the Justice Department is “telling bankers to behave like policemen and judges.”
“Operation Choke Point is asking banks to identify customers who may be breaking the law or simply doing something government officials don’t like,” Keating wrote. “Banks must then ‘choke off’ those customers’ access to financial services, shutting down their accounts.”
Keating said the highly secretive operation was launched in early 2013. That’s when porn stars started to complain to the media that their bank accounts were being shut down without explanation.
The adult entertainment industry isn’t the only one being targeted. There are 30 different industries being targeted by the DOJ and FDIC, including ammunition vendors and firearm dealers.