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Operation Choke Point Now Targeting Adult Entertainment

IFL Issues Statement Condemning Obama Administration

Published Monday, April 28, 2014
FOR IMMEDIATE RELEASE
April 28, 2014
Contact: media@instituteforliberty.org 

OBAMA TARGETS ADULT ENTERTAINMENT INDUSTRY
Operation Choke Point Continues To Expand, Gun Sellers Are Next
 
WASHINGTON, D.C.—The Institute for Liberty has released the following statement in response to reports from PerezHilton.com and TMZ that Chase Bank is severing ties with its customers in the adult entertainment industry. 
 
“Operation Choke Point,” the President’s infamous program which seeks to cut off legal industries and law-abiding businesses from their financial institutions had previously identified adult-entertainment as a target along with gun sellers and short-term lenders.  Banks across the nation have already severed relationships with thousands of customers because of Operation Choke Point:
 
“In President Obama’s America, it just doesn’t matter whether you’ve done anything illegal.  It doesn’t matter if your industry operates within the confines of the law. You can still be in the crosshairs of the Federal government. This report confirms what we’ve suspected for some time, that Operation Choke Point would expand to destroy the other industries on the President’s infamous hit list. 
 
This abuse of power and these intimidation tactics fly in the face of the free market and free society. Yesterday it was check-cashers and today it’s the adult entertainment industry.  We know where they are going next because they’ve told us -- direct sales businesses, gun and ammunition sellers, the gaming industry and charities. It’s becoming clear that no industry is safe from this administration’s mob-style approach to regulation.”
 
IFL is an aggressive defender of the rights of individuals to pursue the American dream. They inject the perspective of small businesses, and the working families that depend on them, into the public policy debate. For more, please visit: instituteforliberty.org

 

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