Tuesday, May 27, 2014

Dirty Picture Money

Why the Feds go after the adult film industry:
Though the Justice Department can't prosecute people for making porn, because the First Amendment prohibits that, and too many people would think of them as blue-nosed morality police, which is politically undesirable, it can use its power to put them out of business extra-legally, by pressuring banks to cut off their accounts. Prosecutors and regulators have a lot of discretion, and the threat to use (or abuse) that discretion in ways that make banks uncomfortable provides a lot of leverage. Sure, banks make money off of the accounts of porn performers (and other targeted businesses), but not enough to make up for the hassle of being targeted for harassment by the feds.
They need something to do, apparently. besides, maybe one of them will become president and put a stop to this...

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