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Obama's Operation Choke Point. The Definition of Tyranny.
https://www.youtube.com/watch?feature=player_embedded&v=7iaYPBk9i7M
The liberals that come up with this new model—where you’re doing something which is totally legal that they don’t like—they go to your banker and they choke off your money by saying to the banker, "You know, that business over there, that’s kind of risky." And the bank gets scared because these are their regulators. And so the bank comes to you and says, "We’re no longer going to be able to handle your account."
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washingtonpost.com/news/volokh-conspiracy/wp/2015/01/29/fdic-retreats-on-operation-choke-point/
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BTW since you're the legal expert, what happened to the presumption of innocence? What happened to "Due Process"?
The roots of the FDIC action is the Patriot act. Remember that? In the last few years, the FDIC has been pushing banks to understand their client base better to manage the risk of money laundering and terrorist financing. The article is actually saying that the FDIC is relaxing their regulations over this.
The reality is, anything from the government while Obama is the president, regardless of your knowledge of the scenario, you scream about tyranny. Even tho this is enforcing a conservative bill passed by Bush and a conservative Congress.
That being said, my point on this thread is that none if you have any clue what this is about, you just know that Obama is involved and he's a tyrant.