Obama's DOJ forcing banks to decline adult workers accounts?
deogol
Michigan
https://news.vice.com/articles/is-the-do…
"Now, news is slowly surfacing that shows the US Department of Justice may be strong-arming banks into banning porn stars."
Cuz you know, dancing is like selling pot...
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he’s gonna have some ‘splainin to do if michelle ever finds out about this.
When o when will we have a pro-porn and pro-weed party?
A bit difficult to place an individual in any single political entity. I am registered (R), but then , here I am. Years ago there was a (D) by my name, but they have become so wacky, I left. Were it possible, I'd have a (C).
What I cannot understand is banks accepting deposits and accounts from pot dealers which is clearly against the RICO laws. If I was a bank executive I would not allow my bank to do business with known supplier because you can end up in jail via a a RICO prosecution years from now for "money laundering" . The law says if you process money from an illegal enterprise you go to jail. While pot may be legal in Colorado it is illegal under federal law and if a bank does any business our side Colorado at all they are subject to federal regulations and laws and technically normal checking accounts could be considered money laundering.
Seems I heard a news story from Colorado that many of the new pot businesses are having a lot of trouble with exactly that -- they are unable to use banks for either deposits or loans. They are forced to run their business on a cash-only basis, which not only is limiting in a business sense but also has made them more vulnerable to crime since criminals are aware how much cash is there.