Mr. Chairman, I would simply close by saying every time we have witnessed a terrorist act throughout this world, we can know that they have probably used counterfeit currency to fund their operations. Not only that, but drug smuggling money laundering, gun running, and the corruption of public officials throughout the world.
Discussing the implications of counterfeit currency in relation to terrorism and crime.
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However, my continued concern is that the program threatens to dry up legitimate sources of credit and financing.
The intent of Operation Choke Point may have carried a purpose that we would all agree with, and that is to prevent financial fraud.
If you are imposing costs on the system, you should have to internalize them.
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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