Choke Point - Operation Choke Point - DOJ - Eric Holder -Barack Obama, Operation Choke Point is the illegal program of the DOJ Eric Holder to stop commerce within the United States within certain business or market segments that the White House find offensive to the Socialist Party.

Choke Point - Operation Choke Point - DOJ - Eric Holder -Barack Obama, Operation Choke Point is the illegal program of the DOJ Eric Holder to stop commerce within the United States within certain business or market segments that the White House find offensive to the Socialist Party.  Very little attention has been paid to Choke Point but awareness has been improved somewhat.  

The Obama Socialist Administrative (lawless) government shuts down major parts of domestic business segments through excessive and illegal restrictions on a business or an entire segment.  This same tactic was used by Adolf Hitler during the Nazi administrative state before and during world war two.  Eric Holder - Barack Obama - John Kerry - Hillary Clinton - Van Jones - George Soros and other government radicals shut off any financial services from a business or product that they do not agree with.  Gun shops - Ammunition Stores - Payday Loans - Pawn Shops - and a host of other honest business investments.  This is an illegal operation directed by the White House, your business could be next.

Senior officials at the Federal Deposit Insurance Corporation actively sought to crack down on legal businesses that the Obama administration – or the officials themselves – deemed morally objectionable, a new congressional report finds.

Released today by the House Oversight and Government Reform Committee, the 20-page investigative report details how the FDIC worked closely with the Justice Department to implement Operation Choke Point, a secretive program that seeks to cut off the financial lifeblood of payday lenders and other industries the administration doesn’t like.

>>> Congressman Seeks to End Program He Calls ‘More Dangerous’ Than IRS Scandal

The FDIC is the primary agency responsible for regulating and auditing more than 4,500 U.S. banks.

Emails unearthed by investigators show regulatory officials scheming to influence banks’ decisions on who to do business with by labeling certain industries “reputational risks,” ensuring banks “get the message” about the businesses the regulators don’t like, and pressuring banks to cut credit or close those accounts, effectively driving enterprises out of business.

>>> See the Revealing Emails Below

The House panel’s investigation, led by Rep. Darrell Issa, R-Calif., and Rep. Jim Jordan, R-Ohio, cites confidential briefing documents that show senior Justice Department officials informing Attorney General Eric Holder that, as a consequence of Operation Choke Point, banks are “exiting” lines of business deemed “high risk’” by regulators.

“It’s appalling that our government is working around the law to vindictively attack businesses they find objectionable,” Issa, chairman of the Oversight Committee, said in a press release. Issa added:

Internal FDIC documents confirm that Operation Choke Point is an extraordinary abuse of government power. In the most egregious cases, federal bureaucrats injected personal moral judgments into the regulatory process. Such practices are totally inconsistent with basic principles of good government, transparency and the rule of law.

Photo: Paul Hennessy/Polaris/Newscom

Attorney General Eric Holder (Photo: Paul Hennessy/Polaris/Newscom)

For example, email reveals FDIC employees opposing the payday lending industry on “personal grounds” and attempting to use their agency’s supervisory authority to drive the entire industry out of business.

>>> Related: Meet Four Business Owners Squeezed by Operation Choke Point

One email from Thomas Dujenski, FDIC’s Atlanta regional director, to Mark Pearce, director of the Division of Depositor and Consumer Protection, was particularly concerning to investigators.

In it, Dujenski writes:

I have never said this to you (but I am sincerely passionate about this) … but I literally cannot stand the pay day lending industry … I had extensive involvement with this group of lenders and was instrumental in drafting guidance on stopping abuses.

In another example, a senior official insisted that FDIC Chairman Martin Gruenberg’s letters to Congress and talking points always mention pornography when discussing payday lenders and other targeted industries, in an effort to convey a “good picture regarding the unsavory nature of the businesses at issue.”

The Obama administration contends that Operation Choke Point combats unlawful, mass-market consumer fraud. However, an earlier report by the House Oversight Committee found that the Justice Department initiative’s targets included legal businesses such as short-term lenders, firearms and ammunition merchants, coin dealers, tobacco sellers and home-based charities.

Today’s report, investigators said, confirmed that the FDIC originated the controversial list of “high risk” industries that it posted on its website, as previously reported by The Daily Signal.

Critics of the program argue that equating legal industries such as ammunition and lottery sales with explicitly illegal or offensive activities such as pornography and racist materials transforms the FDIC into the moral police.

Apparently, FDIC officials were aware of the “inherent impropriety” of these policies, the report indicates. In another email, David Barr, assistant director of the FDIC’s public affairs office, wrote:

[S]ome of the pushback from the Hill is that it is not up to the FDIC to decide what is moral and immoral, but rather what type of lending is legal.