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Thread: Banks, Credit Card Companies Can End ‘Assault Weapon’ Sales by Withholding Finances

  1. #11
    Do you guys think that your local gun stores could survive on "cash only"?

  2. #12
    Quote Originally Posted by DrScaryGuy View Post
    big businesses that only make a small percent of their money from selling primarily "hunting" guns... sure they'd still do business with them
    What about the small guy who has an FFL for his own fun, but does transfers on the side? would an anti-gun bank suddenly seize his assets and hand his info over to the LEOs to "investigate" the legality of his business? Would he have nowhere to make deposits? would he be able to run his or anybody else's credit cards after that?
    This is much closer to the truth than you know.

    I signed on very early with Amazon Payments after they called with a great rate. We exchanged multiple emails with me being very specific that I was a FFL and the sales would be primarily from transfers, gunsmithing and sales. I didn't see anything in their terms but knowing how many card processors avoid the firearms industry I wanted to be certain.

    Fast forward 3 months and I get a call and letter stating my account was closed because of my industry. They could have pulled a paypal and froze the account. To their credit, they didn't, but it still was a surprise and left me without a processor for a bit.

    Make no mistake, visa/mc/amex/disc and their processors have way more control over this industry than the government. If they decide the sales aren't worth it anymore it's going to result in a lot of closings.
    01 FFL Transfers and Sales, NW Livonia
    www.seararms.com
    248.783.6555

  3. #13
    Quote Originally Posted by bae125 View Post
    This is much closer to the truth than you know.

    I signed on very early with Amazon Payments after they called with a great rate. We exchanged multiple emails with me being very specific that I was a FFL and the sales would be primarily from transfers, gunsmithing and sales. I didn't see anything in their terms but knowing how many card processors avoid the firearms industry I wanted to be certain.

    Fast forward 3 months and I get a call and letter stating my account was closed because of my industry. They could have pulled a paypal and froze the account. To their credit, they didn't, but it still was a surprise and left me without a processor for a bit.

    Make no mistake, visa/mc/amex/disc and their processors have way more control over this industry than the government. If they decide the sales aren't worth it anymore it's going to result in a lot of closings.
    They can do this but forcing a baker to decorate gay wedding cakes goes to the supreme court.
    What is this country turning into?
    paddy
    MGO Member
    Ex-Member of another gun rights group (I'm free since 5-1-2005)
    TDI Graduate - Handgun III & IV
    SCCA Member
    Westland MI

  4. #14
    MGO Member
    Join Date
    Jan 2012
    Location
    Shooting distance from "8 mile"
    Posts
    7,970
    Quote Originally Posted by paddy View Post
    They can do this but forcing a baker to decorate gay wedding cakes goes to the supreme court.
    What is this country turning into?
    some rights are more to-the-right than others. and some are more left, and therefore are more right.
    liberals seek to put all of their people into some kind of protected status class, the right doesn't do that.
    "Sec. 2. All persons who are commonly known as “Greasers” or the issue of Spanish and Indian blood, ... who go armed and are not known to be peaceable and quiet persons, and who can give no good account of themselves, may be disarmed by any lawful officer, and punished..." - Disarming of "Greasers", An Act to punish Vagrants, Vagabonds, and Dangerous and Suspicious Persons” California, passed April 30, 1855.

  5. #15
    Wall Street may collude to control or even bankrupt arms companies.

    https://www.reuters.com/article/us-u...-idUSKCN1G62PC

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