Update: Operation Chokepoint

Published: Thu, 01/15/15

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Operation Chokepoint is still causing serious grief! Entrepreneurs with gun shops, attorneys, auctioneers, cash advance companies - the list is long, are being shutdown by their banks and credit unions every day.

A personal story?

Mike Schuetz owns Hawkins Guns LLC, a firearms store in Wisconsin that sells guns and ammunition. He's been banking with Heritage Credit Union for years. Heritage closed his acount! Why? Because NCUA bank examiners visited Heritage Credit Union and during a routine audit told the credit union "not to do business with companies involved with firearms, auctioneers, attorneys, cash advance, check cashers..."

Imagine! Government employees are shutting down lawful businesses in America!!

Mike Schuetz recorded conversations with his credit union. What you'll hear is ASTOUNDING:
Audio #2 reveals the industries Heritage credit Union can no longer do business with.
Audio #3 describes the physical risk Mike S. will experience by being forced to deal cash only.
Audio #4 "The bank examiners force Heritage to close bank accounts of lawful businesses.
Audio #5 The credit union manager is pro gun and very sorry he has to close Mike's gun shop acct.
Audio #6 NCUA bank examiners "put the screws" to Heritage Credit Union. "Hands tied by examiners."
Audio #7 "Dozen NCUA bank examiners hammering us."

Todd Zywicki at The Washington Post made the recordings available here:
http://usconsumers.org/hawkinsguns/

And a link to the Natl. Credit Union Administration:
http://www.ncua.gov/Pages/default.aspx