Obama's Operation Choke Point isn't choking your chicken
- 9 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.
------------------------------------------------------------------------------------------------
Welcome to TomoNews, where we animate the most entertaining news on the internets. Come here for an animated look at viral headlines, US news, celebrity gossip, salacious scandals, dumb criminals and much more! Subscribe now for daily news animations that will knock your socks off.
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
For news that's fun and never boring, visit our channel:
https://www.youtube.com/user/TomoNewsUS
Subscribe to stay updated on all the top stories:
https://www.youtube.com/channel/UCt-WqkTyKK1_70U4bb4k4lQ?sub_confirmation=1
Stay connected with us here:
Facebook http://