Sunday, February 15, 2015

Gun Businesses Seek Ways To Survive While Denied Basic Business Services
...The House Oversight and Government Reform Committee released a report last month showing the Federal Deposit Insurance Corporation (FDIC) targeted gun dealers and other businesses like payday lenders and pawn shops as illegal operations, and pressured banks to halt dealing with these businesses. The administration’s program is now known as Operation Choke Point, which is run by the Departments of Justice and Treasury....

...“It’s appalling that our government is working around the law to vindictively attack businesses they find objectionable,” then-House Oversight Chairman Darrel Issa said in December.

“Internal FDIC documents confirm that Operation Choke Point is an extraordinary abuse of government power,” Issa said. “In the most egregious cases, federal bureaucrats injected personal moral judgments into the regulatory process. Such practices are totally inconsistent with basic principles of good government, transparency, and the rule of law.”...