This article first appeared at The McAlvany Intelligence Advisor on Saturday, January 31, 2015:
Kelsey Harkness, a journalist at The Daily Signal, let her enthusiasm for modest retrenchments at the FDIC override her good judgment, calling them “dramatic.” She was referring to the measures the chairman and the vice chairman of the Federal Deposit Insurance Corporation (FDIC) promised to make in their efforts to enforce Operation Choke Point. In a phone conversation she had with Rep. Blaine Luetkemeyer on Wednesday morning, she heard him say:
We’re very pleased they’ve acknowledged their wrongdoing and they’ve accept our suggestions to put in place measures to stop this activity.
What suggestions, exactly?