Eric Holder’s Bank Intimidation Continues to Choke Out Firearms and Ammunition Dealers

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This is from Town Hall.

Holder and Obama both know they can not outright ban firearms.

So they use the intimidation as well as the massive regulatory powers of the federal government.

America wake up and see the power grab of these tyrants before it is too late.



Last year the Department of Justice partnered with the FDIC and the Federal Trade Commission to put a whole host of industries (and their customers) on a “high-risk” list and urged banks to pay close attention to those industries as part of Operation Choke Point. Operation Choke Point is described this way

Operation Choke Point is a program by the Obama Administration designed to interfere with and destroy the banking relationships between America’s banks and their clients. The name, “Operation Choke Point” was developed by the Department of Justice in Collaboration with the FDIC and the Office of Comptroller of Currency at the Treasury Department.How it Works:

Civil Investigative Demands (CIDs): These are a type of demand for information from banks an businesses issued by federal regulators as a “fishing expedition.” Typically these CIDs request information about business practices, consumer behavior, consumer transaction data, and proprietary business information.Once one of these CIDs is received, companies are restricted from revealing the nature of the inquiry.

-Enforcement Teams: DOJ and FDIC send enforcement teams to banks to intimidate them into ending their relationships with the industries listed above. The clients of these banks report that, without warning, they are notified by their banks that their banking relationship has ended, and they will need to find a new place to bank.

Storefront gun dealers, online dealers and ammunition dealers are on the “high risk” list, along with porn and other salacious products (as if they’re even comparable, the Second Amendment is constitutional right, yet it’s on the DOJ hit list). DOJ argues the program is needed to stop fraud, but that’s a lie. The program is used to target politically inconvenient industries without the permission of Congress. As David Codrea has reported, these tactics are not new. Gun grabbing politicians like Senators Dianne Feinstein and Chuck Schumer have regularly compared firearms they don’t like to child porn.

Linking firearms with pornography is hardly a new tack. In 2009, this column noted a multitude of idiotic offensive proposals by “The Smutty Professor,” Darrell A.H. Miller, Assistant Professor of Law at the University of Cincinnati. His “Guns as Smut: Defending the Home-Bound Second Amendment,” published in the Columbia Law Review, “offers a provocative proposal for tackling the issue of Second Amendment scope, one tucked in many dresser drawers across the nation: Treat the Second Amendment right to keep and bear arms for self-defense the same as the right to own and view adult obscenity under the First Amendment — a robust right in the home, subject to near-plenary restriction by elected government everywhere else.”
Likening guns with obscene materials isn’t limited to loopy, agenda-driven ivory tower academics with no real-world influence. Anti-gun Senators Dianne Feinstein and Chuck Schumer, with assists from Dick Durbin and Patrick Leahy, extended the comparison and went beyond it, advocating certain semiautomatics were equivalent with “child pornography,” and thus unprotected by the Bill of Rights.

Now according to the Washington Times, online gun dealers are feeling the squeeze thanks to Operation Choke Point, just like the Justice Department planned. New regulations are destroying the relationships between banks and firearms dealers in an attempt to put them out of business.

Justice’s operation threatens to “close access to the financial system to law-abiding businesses, because the mere prospect of an enforcement action is sufficient to cause financial institutions to restrict access to their payment systems to only established companies that present low risks,” the organization said.

An ironic piece to this story is that J.P. Morgan Chase, a bank that is notorious for cutting off funds and accounts to firearms dealers, does business with the Bureau of Alcohol, Tobacco and Firearms. The bank holds the Bureau’s credit cards. Does sending 2500 AK-47 “assault” rifles to violent Mexican drug cartels count as “high risk?” Not under Attorney General Eric Holder’s standards.

These tactics are discriminatory against Americans attempting to practice their constitutional Second Amendment rights. Somehow I think Attorney General Eric Holder would be looking at this differently if it were an attack on voting rights. But then again, this is what we’re dealing with:


Diane Feinstein’s Husband Rakes in the Cash from Government Projects

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This is from Godfather Politics.

Dianne “call me Senator” Feinstein  and her hubby strikes again.

Like hogs at a feed trough the Feinstein clan is slurping

up millions of the tax payers dollars.

If the Feinstein’s were in a sane state they would be disgraced

and locked up in a prison cell.


Senator Dianne Feinstein’s husband, Richard Blum, created the investment firm, Blum Capital. Blum Capital is part owner of the construction firm, Perini-Zachary-Parsons. Dots connected so far? Perini-Zachary-Parsons has won the bid to build high speed rail track that will link Madera to Fresno, California. Once built, the Reason Foundation estimates that the railway will lose between $124 million to $373 million a year.

If you’ve never heard of Madera California and have barely heard of Fresno, you are not alone. But California’s mania in pursuing this fiscally suicidal venture is not what is spotlighted, here. As Mr. Rogers might have asked, Can you say ‘Conflict of interest’?” Or “graft”?

How did Perini-Zachary-Parsons manage to snag this prize? With the “lowest” bid, Blum’s company, miraculously, came up the victor. Their bid, $985,142,530, comes to $35 million per mile.

At the moment, no one is asking the question of how it happened. The project is state funded. And, once again, Senator Feinstein’s dynasty makes out while the state and nation she represents tunnels ever deeper into the septic tank.

Feinstein has been tied to cronyism, using taxpayer funds, several times in the past. According to, in a report from June, 2012, Feinstein used her position and the information she was privy in order to:

  1. Appropriate funds through the U.S. Senate Military Construction Subcommittee. Feinstein was serving on this committee and forced funding to companies owned by her husband. The pair netted somewhere around $5 million for their pains. Oh yes; the company prominently concerned was Perini.
  2. Allocate TARP Funds to the FDIC. Feinstein proposed legislation to funnel $25 billion in taxpayer funds to the FDIC. The FDIC had just awarded Blum’s real estate organization (he served on the board), the CB Ellis Group, a contract to resell foreclosed properties at rates higher than industry norms. The problem with Feinstein’s redirection of tens of billions of taxpayer dollars? According to the Washington Times: “the California Democrat (Feinstein) isn’t a member of the Senate Committee on Banking, Housing and Urban Affairs with jurisdiction over FDIC; …the agency is supposed to operate from money it raises from bank-paid insurance payments–not direct federal dollars.”
  3. Obtain a mysterious grant from the U.S. Department of Energy. In 2009 Feinstein and her husband invested in a “green,” renewable fuels company, Amyris. Weeks later, the DOE awarded Amyris a grant of $24 million; yes, taxpayer money. Amyris then took the stock public with an IPO that snagged the company another $85 million. Think Feinstein and Blum made their investment back?

Even if one believed in the miraculous regularity with which Feinstein/Blum’s “luck” occurs, Tom Fitton, President of Judicial Watch, a non-profit organization dedicated to monitoring Washington ethics, says Feinstein’s explanation isn’t kosher.

His research confirms that: “…neither the FDIC nor MILCON connections pass muster under the U.S. Senate Ethics Rules or the U.S. Criminal Code.”

Senator Feinstein excels at creating scenes of high dudgeon when she is confronted with facts she doesn’t like. And she still gets away with fiscal murder at taxpayer expense.

If California wants to bloat the sewer that was the Golden State until it explodes, that’s their problem. But if Californians continue to re-elect venal specimens like Feinstein to the Senate, term after term, the billions it costs the rest of America is our problem.

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