Political Quotes

Spencer Bachus: “Our loan was turned down not because of our credit. We had perfect financials and had been working with the same manager…”

On the recordJuly 16, 2014
Our loan was turned down not because of our credit. We had perfect financials and had been working with the same manager for 20 years. It was just because question sell guns, and they said that to us specifically, you sell guns.
Said by
Spencer Bachus
Alabama

Editor's note · Context

Bachus highlights the impact of Operation Choke Point on legitimate businesses selling firearms.

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Jul 16, 2014

Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.

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The program also can deny legitimate merchants access to financial networks they need to survive.

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Does that make what the President did constitutional if it is unconstitutional?

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In this economy, the last thing we need is to make it harder for businesses to operate and employ workers, and by that I mean legitimate businesses.

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