Operation Choke Point Has Ohio Connection

I absolutely got a thrill out of writing the heading. Newspapers are always on the look out for a tag line. As an example, news rags might come up with this: President Trump takes Boone, Iowa by storm when in actuality his presidential car passed the City on its way from to Des Moines to Council Bluffs.

Richard Cordray is running for governor in the Buckeye State. I'm not thrilled with the Republican candidate, Mike DeWine. He's been involved in politics since Babe Ruth was swinging a bat. Regardless, Cordray's last gig was in Obama's cabinet. That in itself is enough to make me puke at the mention of his name.

Yesterday I read in the Washington Examiner this nugget of information:

Operation Choke Point was a plot by President Obama’s Department of Justice, the Federal Deposit Insurance Commission, the Consumer Financial Protection Bureau, and other government agencies to cut off banking and financial services for small businesses and industries that they deemed to be political enemies or otherwise undesirable.

Some of these businesses included gun stores, ammunition shops, fireworks stores, small dollar lenders, and home-based charities.

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Some government officials tried to deny the existence of the program. That includes former CFPB director, Richard Cordray, who dodged questions from Sen. Mike Crapo in 2014 as to the CFPB’s participation in Operation Choke Point. Yet in that same year, Cordray warned banks against doing business with “… unscrupulous lenders and
their payment processors.”

In other words Cordray is a damned crook.