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Summary of "Operation Choke Point"
Posted by David Hardy · 3 June 2014 12:48 PM
Bluegrass Bruce has a good summary of the effects of the Justice Department's program aimed, in part, at causing banks to sever relationships with lawful firearm dealers.
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I assume that interfering with a legal contractural relationship is illegal in some way or another--could not these victims sue?
Now if folks would only realize the federal government has no constitutional authority over banks. Banks and bank control were discussed in the 1787 Convention and the folks decided letting the feds get involved with banks would make states jealous so the Framers said no to bank powers for the federal government. The Framers too proved that the feds have no authority to make things legal tender. If the power have been transferred, there would be no prohibition on states to make only gold and silver coins tender in payment of debts. So once more the feds are way off task and outside their legitimate realm of authority by even being involved in banking and legal tender. But of course the feds get around the lack of authority to emit bills of credit by have the federal reserve do it instead. Yeah, I know what we are doing but wrong is wrong regardless.