Josh Karrasch, a small business owner in Falls Church, Va., discovered quickly that making an honest living within the firearms industry does not prevent his bank account from being closed or from being kicked out of commercial real estate space.
Despite favorable legal decisions, the popularity of concealed carry permits and a recent spike in firearm and ammunition sales, firearms business owners find they are being pressured out of business by being cut out of basic financial, real estate and advertising services.
The House Oversight and Government Reform Committee released a report last month showing the Federal Deposit Insurance Corporation (FDIC) targeted gun dealers and other businesses like payday lenders and pawn shops as illegal operations, and pressured banks to halt dealing with these businesses. The administration’s program is now known as Operation Choke Point, which is run by the Departments of Justice and Treasury.
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OCP was supposedly closed down once it was shown what a BS sham it was -
ReplyDeleteIs this thing still running?
I just searched and saw that it is still in business though under investigation. Should be shut down, needless to say.
DeleteWelcome to the USSA. Where Judges are Comrades.
ReplyDeleteYup. McCarthy was 100% correct.
Delete