Quote:
Originally Posted by Box
I’d like to see something done about financial institutions being pressured to interfere with legitimate business ventures and using purchasing data to identify or restrict commerce.
It’s easy for the government to say”hey we can’t tell hanks what they can and can’t lend money for”
…all the while you have congressional representatives threatening business in open testimony because they won’t commit to refusing business loans
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Operation CHOKE POINT. There was coercion to banks; resistance initially was met by "Gee, that's a nice set of books you have there. Be a shame if we climbed completely up your ass and audited you from stem to stern." Supposedly shut down but apparently the genetic material lingers on in some banking managers as a way to coerce behavior in their customers. CC companies and payment processors do the same thing. Having payment processors turn off their services can cripple an FFL faster than notice of an ATF compliance visit.
I agree that The Wrath needs to be called down on the practice.