Deputizing America

“By its indictment of FedEx, the feds are telling all other delivery firms that they are now forcibly deputized to do the DEA’s job in the War on Drugs. If they don’t play along, they need to show up in court.  Banking regulators have been playing a similar game. Under a campaign known as Operation Choke Point, they have been telling banks that if they don’t investigate their customers for ‘high-risk’ activity, they will be subject to subpoenas and everything that implies. As a result, banks have simply been cutting off links to customers on the simple basis of what business they are in.   If New York’s Department of Financial Services has its way, bitcoin businesses operating in the state will be deputized, too.”

http://www.fee.org/the_freeman/detail/deputizing-america

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