A Quick Overlook of Laws – Your Cheatsheet

February 4, 2018

Financial

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Operation Choke point Unfairness by Andrew Phillips Cardflex

The operation choke point is some sort of a program that was started in 2013 as a method to fight the consumer scam by discouraging banks from doing business with the “high risk” industries using various government organizations. The aim of this program was to make the businesses that were listed as the ones in the high risk of exploiting the consumer run out of business. This law lost its effect when it included a lot of legal businesses that were considered to be a scam to the consumers and that included the fire arms and ammunition.

Not only did the law affect the businesses alone, it also had some financial organizations like the Andrew Philips Cardflex cornered due to some allegations that they had done business with a listed company. The law is there to make everyone equal and so when it is exploiting one at the expense of another like the people in the listed business, Andrew Phillips Cardflex becomes an unfair law. This unfair law had to be put to a stop by people who had the power to do that and take care of the targeted businesses until it happen.

The gun shops and other businesses were receiving notices from their respective banks that they will not be able to work with them. These notices were a result of the government using its agencies to force the banks and other organizations to terminate their good and long term relationships with their customers. A company like the Andrew Phillips Cardflex are in court because they engaged in business with a company that had been listed with the “high risk”. These unfairly targeted businesses that were supposed to be choked out of business had to look for other financial options and we all know that is not easy. Both the financial organizations and the listed businesses are set to incur losses. The losses due to restricted business relations are inevitable.

Apart from people losing their businesses that they use to feed their families, they are being dragged to court due to this law. The courts are accompanied by lots of fines, bails and even a lot of money that is used to hire lawyers. Andrew Phillips Cardflex all believe that the unfair treatment of the targeted business should have ended by now but that is just some believe we will have to keep hoping that it is actually true. The work of the government is to protect the citizens at all cost but that “all cost” should be limited up to where the law hurts other people. Consider the affected people. Such a law should be buried and forgotten because it is just out of order.