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Obama Making Banks Cutoff Accounts for Gun Dealers?

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  • Obama Making Banks Cutoff Accounts for Gun Dealers?

    http://dailycaller.com/2015/01/28/do...s-gun-dealers/

    The Obama administrationís Consumer Financial Protection Bureau is threatening banks to be silent about the administrationís new programs supervising and investigating private bank account holders.

    A shocking bulletin that CFPB issued to banks, which was obtained by The Daily Caller, was sent around this week in the midst of controversy regarding the administrationís Operation Choke Point program, by which the administration pressures banks to cut off accounts for supposedly suspicious businesses, including gun dealers. Operation Choke Pointís anti-gun mission was recently confirmed in a series of audiotapes published by the US Consumer Coalition, in which a bank teller explained to a gun dealer why his account was being shut down.
    The Obama administration is not using any due process to have banks close accounts and then is telling the banks that no one can disclose what Obama is making them do. I'm not sure what type of group the dailycaller website is part of -- is this legit news?

  • #2
    Operation Choke Point is not new. Is this a new action or is it just rehashing old evils?
    Micah 6:8 He has told you, O man, what is good; and what does the LORD require of you but to do justice, and to love kindness, and to walk humbly with your God?

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    • #3
      The issue raised here was specifically about the additional effort to quiet those who have exposed the specific instances where the banks were supposed to close accounts down.

      I had not been aware of Operation Choke Point before.

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      • #4
        Apparently in addition to gun dealers, churches and non-profits are getting cut-off.

        http://www.americanbanker.com/bankth...1072363-1.html

        (You'll have to wait a few seconds for the ad to clear - sorry about that.)
        "For I desire mercy, not sacrifice, and acknowledgment of God rather than burnt offerings." Hosea 6:6

        "Theology can be an intellectual entertainment." Metropolitan Anthony Bloom

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