Obama's Operation Choke Point isn't choking your chicken
- 10 years ago
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Back in 2013, Obama's Justice Department launched an under-the-radar project called 'Operation Choke Point,' which was designed to destroy third party payment processors, payday lenders and online lenders.
The plan was simple. Strangle the providers of financial services to online vendors, thereby allowing the government to 'choke off' the money they needed to survive, thus eliminating the ability to process payments.
Unfortunately, a program that was made to stop financial fraud has developed into massive government overreach into legal private businesses such as porn, ammunition sales, online gambling and racist materials. Apparently escort services, get-rich-quick schemes and payday loans were also targets of the Department of Justice's program.
Americans might want to hurry up and find the Justice Department's 'Choke Point', because think of those who might be choked off under a different administration.
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Back in 2013, Obama's Justice Department launched an under-the-radar project called 'Operation Choke Point,' which was designed to destroy third party payment processors, payday lenders and online lenders.
The plan was simple. Strangle the providers of financial services to online vendors, thereby allowing the government to 'choke off' the money they needed to survive, thus eliminating the ability to process payments.
Unfortunately, a program that was made to stop financial fraud has developed into massive government overreach into legal private businesses such as porn, ammunition sales, online gambling and racist materials. Apparently escort services, get-rich-quick schemes and payday loans were also targets of the Department of Justice's program.
Americans might want to hurry up and find the Justice Department's 'Choke Point', because think of those who might be choked off under a different administration.
------------------------------------------------------------------------------------------
Daily videos brought to you by THE Taiwanese Animators behind the infamous Tiger Woods animation. We got the funniest animations on the web to help you stay in-the-know on all the trending stories, so sit back, relax, and watch a few.
Check out our Android app: https://play.google.com/store/apps/details?id=com.nextmedia.gan
Check out our iOS app: https://itunes.apple.com/app/tomonews/id633875353
Visit our channel for your daily dose of Taiwanese Animations:
https://www.youtube.com/user/NMAWorldEdition
Wish all your news was animated? Subscribe now:
http://www.youtube.com/subscription_center?add_user=NMAWorldEdition
Can't get enough of Taiwanese animations? Connect with us here:
Facebook http://www.facebook.com/NMAtv
Twitter @nmatv http://www.twitter.com/nmatv
Google+ http://gplus.to/NMAtv
Web http://us.tomonews.net/category/lol