Operation Choke Point

[WFAInc]

Has anyone heard of operation choke point? Apparently banks are been forced to drop "high risk" accounts which includes gun dealers.

http://www.washingtontimes.com/news/2014/may/29/operation-choke-point-deliberately-targets-busines/?page=2

[Burbur]

A lot of people have suspected this for some time now. It appears to be as real as the IRS targeting The Tea Party affiliates.

This is why I am in "light manufacturing, wholesale, and retail of sporting goods"

[EurekaPayments]

Not surprising... we are a credit card processing company and work with 9 different banks. In the last several years most have restricted new accounts for Firearms and yes a couple have eliminated current clients with firearm sales.

Fortunately we maintain relationships today that allow us to continue to bring on new clients in this space.

Last year we brought on a ton of new clients who were all getting closed down by Quickbooks/Intuit as well as by US Bank and Chase.

If you need merchant processing and want to work with someone who supports the 2A... give us a call.

[ipser]

http://www.westernjournalism.com/shock-obama-seizing-americans-bank-accounts/

http://www.breitbart.com/Big-Government/2014/05/29/House-Committee-Report-DOJ-Must-Disavow-and-Dismantle-Operation-Choke-Point

[WeaponsWorld.com]

Its absolutely being done. About two years ago in Florida Chase bank told a MAJOR ammunition manufacturing company they no longer wanted their business. This ammo company had several corporate credit cards, $1 million in cash in the bank, and had always been in good standing. They were given 30 days to find a new bank. No explanation was given.

[Sunday]

Once the Goberment bought interest in the banks etc. Remember the bailouts ? Always strings attached...duh. Think about all the $$$$ China lent the USA..I'll bet there are strings attached as well as collateral.

[ugimports]

Its absolutely being done. About two years ago in Florida Chase bank told a MAJOR ammunition manufacturing company they no longer wanted their business. This ammo company had several corporate credit cards, $1 million in cash in the bank, and had always been in good standing. They were given 30 days to find a new bank. No explanation was given.

Who was the ammo company? I hadn't heard about this one.