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Lee-Lee

(6,324 posts)
3. I'm good with this
Fri Aug 18, 2017, 12:35 PM
Aug 2017

It shouldn't be the place of the government to use its power to intimidate banks from doing business with people and businesses that are law abiding and legal.

If it's allowed that an administration can use its pressure to intimidate banks from one industry or business then the next administration can do it to whomever they don't like.

It was payday lenders and gun stores under the Obama admin so most people here don't care- but it's a dangerous precedent. I would rather the program end than Sessions use the precedent to redirect that pressure to get banks to not deal with abortion providers or legal marijuana shops or agencies that help immigrants, or even undocumented immigrants. They could use the same rationale used to attack payday lenders and gun shops to put the same pressure on immigrant rights groups or places where undocumented immigrants do business.

You have to think not just about what the administration you like could do with a new power that you like but how the next administration might use it against what you believe I .

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