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Weaponizing financial systems: Christian ministries, beware


Those of us who have been watching the horizon knew it was coming. Most of us thought that it would probably not come in our lifetime but could perhaps affect our children and certainly our grandchildren. Nevertheless, here it is, and it has happened with much greater rapidity than almost any of us could have ever imagined.

The “it” is the fact that large banks and corporations are now weaponizing business and financial systems against conservative faith-based organizations. Should any of us really be surprised that this movement had its origins under Barack Obama, the then-president — and perhaps current president — of the United States? “Operation Choke Point” was created under the Obama administration originally and theoretically to deter fraud, but it has also had far-reaching consequences, perhaps intentional or otherwise. Though the provisions of this government initiative were largely shut down by the Trump administration, language hidden within its provisions may have provided banks and other businesses with the opportunity to financially disenfranchise conservative Christian organizations by leveraging their own “risk tolerance” policies in order to “box out disfavored but legal business operations.”

You might recall that this sort of thing has already occurred in Canada when Prime Minister Justin Trudeau also weaponized the financial system in his country to put a halt to the trucker COVID strike. It also manifested itself when J.P. Morgan Chase did the same thing to the National Committee for Religious Freedom (NCRF), a faith-based non-profit organization led by Sam Brownback, former U.S. Ambassador-at-Large for Religious Freedom. However, the latest effort in this regard, as reported by The Christian Post, appears to have occurred this past April when the Bank of America closed the accounts…

Read full article on Christian Post…