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Are things like Operation Chokepoint [1] still a conspiracy theory?

It appears to me like a sophisticated and coordinated operation, not the accidental result of bureaucracy.

[1] https://en.m.wikipedia.org/wiki/Operation_Choke_Point

... it was announced in a public speech on March 20 that year (2013), it was all kinds of bad (very ineffective and probably extralegal, etc)... but it wasn't a secretive conspiracy. (despite what Wikipedia writes.)

https://www.justice.gov/opa/speech/financial-fraud-enforceme...

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