We all know Barack Obama wanted to disarm the American people. He pushed for some of the strongest gun control measures ever. But did you know that he did something sneaky that has been forcing gun stores to close their doors? It’s called Operation Choke Point. It forces all banks to stop lending money or dealing with ‘objectionable’ businesses primarily gun stores. A bill to stop Operation Choke Point has been introduced.
In 2013, Operation Choke Point was launched by the Department of Justice. Supposedly, they are using this to investigate banks and the companies they do business with that the DOJ deems as a high risk for fraud. Among the businesses deemed as high risk by the FDIC are: firearms, ammunition, fireworks, lottery sales, life-time memberships, coin dealers, home-based charities, money transfer networks, telemarketing, tobacco sales, credit repair services and others.
By declaring these types of industries as high risk, it puts pressure on the banks and other financial institutions to not lend them money. If the banks do lend them the money, they stand a chance of being penalized by the federal government.
Mark Cohen, the owner of Powderhorn Outfitters, in Massachusetts, applied for a line of credit with the bank that they’ve been doing business with them from the beginning. He was shocked when the bank turned him down. It wasn’t because of their credit or anything financial. It was due to Obama’s Operation Choke Point. Cohen did some research and discovered that Obama was using Operation Choke Point to shutdown firearms dealers since he couldn’t legislate his gun control agenda…
Rep. Blaine Luetemeyer (R-MO) has re-introduced the Financial Institution Customer Protection Act that would effectively destroy and stop Operation Choke Point and allow banks to do business with gun stores. If you value the Second Amendment then contact your Representative and Senator in Washington DC and tell them to support Luetemeyer’s bill to protect gun stores. DO IT NOW!