The Assault Never Ends

[dbp]

The FDIC is just the latest tool used in the anti-gun campaign.

This link is taken from American Thinker.

http://americanthinker.com/blog/2014/05/gun_sellers_in_the_governments_crosshairs_comments.html

 

[Sam1911]

Already under discussion:

http://www.thehighroad.org/showthread.php?t=751203

 

[Tommygunn]

Already under discussion:

http://www.thehighroad.org/showthread.php?t=751203

But closed due to its political content.

 

[Sam1911]

Yes. Something to think about.

 

[dbp]

Purpose for posting was simply to alert folks to what is happening in the "real world" and hopefully increase awareness.

I prefer to be informed so as to make decisions based on what might benefit my beliefs and worldview, ie, which bank to do business with, etc.

 

[MtnCreek]

I read a similar article this morning that was linked at Drudge.


from The Washington Times:
http://www.washingtontimes.com/news/2014/may/18/targeted-gun-sellers-say-high-risk-label-from-feds/

 

[gunnutery]

I read the comments under the article. Some suggested that the NRA create a bank and that Cabela's already had. I could see how that would help the manufacturers, but as consumers it would only be a hassle to get another credit card? Especially if interest rates would be much higher, usually special credit cards usually do.

It's just generally unfair to scrutinize legal transactions. It really flies in the face of capitalism.

 

[skoro]

Fortunately, there are plenty of good items available on the used market outside of brick and mortar locations.

 

[John828]

Fortunately, there are plenty of good items available on the used market outside of brick and mortar locations.

Too similar to GCA

 

[Cee Zee]

Fortunately, there are plenty of good items available on the used market outside of brick and mortar locations.

They want us to depend on existing equipment. We need a strong industry producing new equipment IMO. The more shooters the better off our rights are. And more shooters require more guns which means new guns.

 

[TennJed]

I have worked in banking my whole life, it is an unfortunate but it is not some backdoor attempt at gun control. From a purely business perspective I understand why gun related businesses would be considered high risk. With the treat of gun legislation and potential laws that could really hurt the bottom lines of business involved in firearms, from a business perspective they are high risk.

The FDIC does not want banks being risky with your money. You deposit money into a bank you assume they will take care of your money, if they don't the FDIC has to bail them out. I personally think gun companies are great business ventures right now, but you can't deny they are risky

 

[mbt2001]

IMHO We, as gun owners, need to be joining gun clubs and RKBA organizations in New York and California, areas hostile to RKBA. The idea is to keep the fight there, so the anti's spend so much time, effort and energy in those areas that the are not able to brainwash more sheeple. This FDIC crap will blow over, but the same idea can be had. We can start our own banks. A bank is just a collection of Other People's Money that is lent out at an interest rate to qualifying companies/people.

Do not let crap like this turn us myopic.

 

[Blue Brick]

Wow!

 

[MagnumDweeb]

I believe if all Pro-RKBA gun owners got together and formed a Trust (say twenty million of us) where we deposited at least twelve dollars a year (a dollar a month). We could shortly have a lot of these issues dealt with. But try getting twelve dollars out of someone to accomplish something nowadays. I've droaned on in the past and have simply started drafting one up to deal with American job creation, and it's nowhere near done (accounting for the many legal and financial implications). It wouldn't be too terribly difficult to adapt for the purposes of creating a Trust to create a bank that would have credit lines for gun and ammo manufacturers.

I think I just have to sit down. Finish the thing, build a website, and see what happens at this point.

We join all the organizations we want and that's great. But money is power, and those with the power make the rules. We have to become more than informed voters and active hobbyists. We have to become power creators and lobbyists. It's the next natural evolution (look at the SCOTUS rulings regarding free speech and corporations with their donations).

We can bitch and whine online but at the end of the day it's he with the gold who makes the rules, and it's good to be king.

 

[stonecutter2]

I have worked in banking my whole life, it is an unfortunate but it is not some backdoor attempt at gun control. From a purely business perspective I understand why gun related businesses would be considered high risk. With the treat of gun legislation and potential laws that could really hurt the bottom lines of business involved in firearms, from a business perspective they are high risk.

The FDIC does not want banks being risky with your money. You deposit money into a bank you assume they will take care of your money, if they don't the FDIC has to bail them out. I personally think gun companies are great business ventures right now, but you can't deny they are risky

This is my thought as well. Purely from a business perspective, when a state can (almost on an emotional whim) deny your ability to sell certain products or a segment of your inventory, you have a problem as a financial invester. That's risky.