In the latest example of how Obama will stop at nothing to advance his anti-gun agenda, the Justice Department is using the flimsy excuse of “fraud protection” to force financial institutions to cease providing services to gun companies.
The Justice Department is conducting something called “Operation Choke Point”, supposedly in an effort to combat credit card fraud. The operation targets businesses that have a “high risk” of fraud — whatever that means — by forcing financial companies to end their relationships with those companies.
The program was designed to crack down on online payday lenders, but – big surprise! -- Holder and his cronies are also using the program to attack law abiding gun companies.
A new report from the House Oversight Committee found that several gun companies have had their banking relationships severed as a result of this program.
Fox News quotes one of the report’s authors, Rep. Blaine Luetkemeyer of Missouri: “We have documented that they are going after gun and ammunitions manufacturers, gun sellers and non-deposit lenders…There is an orchestrated effort…to do away with entire industries instead of going after the bad actors.”
The National Shooting Sports Foundation says that several of its members have had their banking relationships terminated as a result of this illegal program, “simply because they are engaged in the lawful commerce of firearms.”
One of the banks participating in the program is TD Bank, which cut off business with a hunting and fishing store because of the program. (Remind me not to attend any Celtics games any time soon!)
This is a disgusting use of executive power to bypass Congress, the Constitution, and the will of the American people. But unfortunately this kind of tactic is all too common from Obama’s Justice Department.
The tyranny of the Obama Administration truly knows no bounds.