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Topic: Operation Choke Point (Read 1198 times)

Elwar (OP)

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Operation Choke Point

December 23, 2014, 07:58:00 PM
Last edit: December 24, 2014, 09:48:35 AM by Elwar

#1

Apparently the government via the banks is trying to stop businesses they do not like by shutting off their payment processors and bank accounts.
http://en.wikipedia.org/wiki/Operation_Choke_Point

The following industries were on the list:
   Ammunition Sales
   Cable Box De-scramblers
   Coin Dealers
   Credit Card Schemes
   Credit Repair Services
   Dating Services
   Debt Consolidation Scams
   Drug Paraphernalia
   Escort Services
   Firearms Sales
   Fireworks Sales
   Get Rich Products
   Government Grants
   Home-Based Charities
   Life-Time Guarantees
   Life-Time Memberships
   Lottery Sales
   Mailing Lists/Personal Info
   Money Transfer Networks
   On-line Gambling
   Payday Loans
   Pharmaceutical Sales
   Ponzi Schemes
   Pornography
   Pyramid-Type Sales
   Racist Materials
   Surveillance Equipment
   Telemarketing
   Tobacco Sales
   Travel Clubs

Any thoughts on a solution to these merchants getting cut off from the banking system?

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LiteCoinGuy

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Re: Operation Choke Point

December 23, 2014, 08:16:00 PM

#2

Paypal?

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Elwar (OP)

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Re: Operation Choke Point

December 23, 2014, 08:39:31 PM

#3

Quote from: LiteCoinGuy on December 23, 2014, 08:16:00 PM

Paypal?

They're getting their PayPal pro accounts shut down (the accounts that allow you to accept credit cards)

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shorena

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Re: Operation Choke Point

December 23, 2014, 08:42:44 PM

#4

Quote from: Elwar on December 23, 2014, 07:58:00 PM

Apparently the government via the banks is trying to stop businesses they do not like by shutting off their payment processors and bank accounts.
-snip-
Surveillance Equipment
-snip-
Any thoughts on a solution to these merchants getting cut off from the banking system?

So the NSA (et al.) will have to pay with bitcoin now?

Im not really here, its just your imagination.

Meuh6879

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Re: Operation Choke Point

December 23, 2014, 08:46:12 PM

#5

well ... in European Countries, they already do this (to owner or seller that deal with bitcoin high rates = more than 1500 USD per month). Roll Eyes

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Re: Operation Choke Point

December 23, 2014, 08:53:37 PM

#6

Cool, lets specifically market Bitcoin to scammers.

franky1

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Re: Operation Choke Point

December 23, 2014, 08:57:05 PM

#7

Quote from: Elwar on December 23, 2014, 07:58:00 PM

The following industries were on the list:
Ammunition Sales
Cable Box De-scramblers
Firearms Sales
Mailing Lists/Personal Info
Pharmaceutical Sales
Surveillance Equipment
Tobacco Sales

kind of odd, as the short list i just shown in the quote are ways that government make money via their privatized partners, of which i think about 90% of government employee's have a vested interest in keeping in operation.

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pawel7777

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Re: Operation Choke Point

December 23, 2014, 08:57:13 PM

#8

Quote from: Elwar on December 23, 2014, 07:58:00 PM

Apparently the government via the banks is trying to stop businesses they do not like by shutting off their payment processors and bank accounts.

The following industries were on the list:
...

Where did you get this news from? Source? Link?

Don't see banks being too happy about voluntarily freezing/closing such accounts. Some of those industries are pretty large.

Quote from: Elwar on December 23, 2014, 07:58:00 PM

Any thoughts on a solution to these merchants getting cut off from the banking system?

Cool

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Hmm. Dunno. Is RonPaulCoin still around?

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pedrog

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Re: Operation Choke Point

December 23, 2014, 09:34:58 PM

#9

Well, many of those "businesses" are scams...

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Elwar (OP)

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Re: Operation Choke Point

December 23, 2014, 10:26:11 PM

#10

Quote from: pawel7777 on December 23, 2014, 08:57:13 PM

Quote from: Elwar on December 23, 2014, 07:58:00 PM

Apparently the government via the banks is trying to stop businesses they do not like by shutting off their payment processors and bank accounts.

The following industries were on the list:
...

Where did you get this news from? Source? Link?

Don't see banks being too happy about voluntarily freezing/closing such accounts. Some of those industries are pretty large.

Quote from: Elwar on December 23, 2014, 07:58:00 PM

Any thoughts on a solution to these merchants getting cut off from the banking system?

Cool

Cool

Ahh, forgot the link. I saw it on Stossel but got the list from wikipedia. Updated the OP with link.
Hmm. Dunno. Is RonPaulCoin still around?

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mkc

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Re: Operation Choke Point

December 23, 2014, 10:41:28 PM

#11

Can government do this? I thought bank is private and need not listen to government.

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Re: Operation Choke Point

December 24, 2014, 03:03:06 AM

#12

"operation" meaning extra legal measures that control freak bureaucracies try to do... read the wiki article. the operation was even criticized by politicians and had counter measures taken against it. they agreed banks should not be used to control business...so settle down, stop freaking out.

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Re: Operation Choke Point

December 24, 2014, 04:09:16 AM

#13

This is now a National Socialist thread

HAIL VICTORY!

Hardly anyone speaks English on this forum.

solitude

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Re: Operation Choke Point

December 24, 2014, 04:13:14 AM

#14

www.4chan.org/pol

Absolute Free Speech For The White Man!

Hardly anyone speaks English on this forum.

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Re: Operation Choke Point

December 24, 2014, 04:26:58 AM

#15

Operation Chokepoint has been going on forever. It has seriously hurt the payday lending industry. It has made opening up a business bank account very hard for anyone engaged in any type of financial service even if it's totally legal. It has affected many people I know.

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Re: Operation Choke Point

December 24, 2014, 04:30:26 AM

#16

The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers.

Elwar (OP)

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Re: Operation Choke Point

December 24, 2014, 09:48:22 AM

#17

Quote from: solitude on December 24, 2014, 04:09:16 AM

This is now a National Socialist thread

Not it's not.

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