In the (not so) olden days, we had Operation Choke Point. That was the Obama Justice Department’s 2013 effort to squeeze firearms-related firms by threatening banks and other financial institutions that dared to do business with them. That legal and financial intimidation finally ended in 2017 with the change of administrations. Now that the federal government’s […]
“We periodically and impartially examine merchant categories as a whole to help determine our ability to consistently meet regulatory and internal risk standards. We acknowledge that this sometimes results in difficult decisions.” – Rabobank spokesman Gregory Jones in Bank closes gun shop’s accounts [via santaynezvalleystar.com]
Ahead Of Annual NRA Convention, A Member Says It’s Sacrificing His Rights Tim’s an NRA life member, but he’s not happy . . . The National Rifle Association’s annual meeting begins Friday in Dallas, and some members of the organization plan to voice their discontent with the positions the NRA has taken in the past […]
By Adam Carlson Being a gun dealer isn’t easy. Sure, the previous president (AKA The Greatest Gun Salesman of All Time) offered a sustained sales boom to gun dealers everywhere. But, over the last decade, internet sales have created clear winners and losers. The high volume/low-margin sales model of national dealers, such as Buds Gun Shop, hasn’t […]
Undoing the damage of the last eight years . . . FDIC Ordered to Turn Over Documents in Operation Choke Point Lawsuit The Federal Deposit Insurance Corporation (FDIC) was ordered to turn over documents related to Operation Choke Point late last week. District Court Judge Gladys Kessler told the government agency it had to begin […]
