Operation Choke-point is the scandal-ridden Department of Justiceâ€™s initiative aimed at punishing making business difficult for those industries they donâ€™t like. Payday lenders (ok, these can be dicey but are still better than loan-sharks), coin dealers (precious metals throw a wrench in their fiat currency scam), and firearms manufacturers and dealers (becauseâ€¦guns are icky and stuff) have all been targeted by the Obamaâ€™s highly-politicized DOJ. Since the Administrationâ€™s frontal assaults on the Second Amendment have not yielded the results they want, they have resorted to Executive Branch action to try to move the ball. In this they are pressuring financial institutions to deny banking services to the targeted industries.
While Congress is trying to put an end this abuse, Operation Choke Point is expanding into new realms. This past Friday Hogue Inc. announced that Wells Fargo has refused to do business with them, because they ostensibly manufacture â€œweaponsâ€.
Hat tip to Glenn Reynolds.
I didn’t even know that Hogue Inc. made knives. They are best known for high quality handgun grips.
This is the sort of thing that really does lend credence to charges that Republicans in Congress do nothing with majorities. Operation Choke Point is an outrageous Obama Administration Executive Order overreach inflicting radical left-wing ideology on all sorts of legal American businesses. It started in 2013 and there has obviously been plenty of time to investigate it, denounce it, and abolish it by legislative action. The very idea that a presidential administration can attempt to put businesses it does not like out of business by denying them access to banking services is totally appalling.