View Full Version : DOJ's 'Operation Choke Point' May Be Root of Bank Account Closings

04-29-2014, 10:39 AM
DOJ's 'Operation Choke Point' May Be Root of Porn Star Bank Account Closings

Despite being in good financial standing, adult film performers and others in the porn industry have had bank accounts abruptly terminated—and the U.S. Department of Justice (DOJ) may have had something to do with it.

Under "Operation Choke Point," the DOJ and its allies are going after legal but subjectively undesirable business ventures by pressuring banks to terminate their bank accounts or refuse their business. The very premise is clearly chilling—the DOJ is coercing private businesses in an attempt to centrally engineer the American marketplace based on it's own politically biased moral judgements. Targeted business categories so far have included payday lenders, ammunition sales, dating services, purveyors of drug paraphernalia, and online gambling sites.

"Operation Chokepoint is flooding payments companies that provide processing service to those industries with subpoenas, civil investigative demands, and other burdensome and costly legal demands," wrote Jason Oxman, CEO of the Electronic Transactions Association, at The Hill. Reason (http://reason.com/blog/2014/04/28/doj-operation-chokepoint-and-porn-stars)

It's Eric Holder's world... we just live in it. :rolleyes:

04-29-2014, 10:45 AM
"Honest Mr. Holder, you and Mr. Obama couldn't have lost millions in our bank, you never had an account here", head of their bank someday.:smile-new:

I would just love to see Obama and all of Obama's people living under a bridge and pushing grocery carts someday.

DumbAss Tanker
04-29-2014, 11:04 AM
It'll drive it off the books. The Law of Unintended Consequences applies...unless of course what they are trying to do is drive it off-book so they can then prosecute the off-book transactors for tax fraud.