Posts Tagged gun industry

YouTube Continues Crackdown On Gun Channels

From Bearing Arms:

So, YouTube appears to have informally implemented a new, unspoken policy (i.e., I could not find this in the content guidelines) whereby it will demonetize videos which aren’t shot in a “controlled environment” such as a “shooting range.”

This raises a lot of questions, not the least of which is:
How does YouTube determine what usage is improper? Is there someone at YouTube with proper training on safe gun handling who will implement these policies?*
How will they know when someone is in a “controlled environment” or not, and who has the authority to reach that conclusion?
Is a shooting range, in fact, safer and more “controlled” than the creator’s private property such that this policy needs to be implemented, to begin with?
WHAT IS A MODIFIED WEAPON?
Who do you think you are?
What gives you right?

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Dem Pressures Bank CEO To Do More On Guns

From Yahoo News:

However, Maloney’s tone shifted when she directed her questions to Dimon. The congresswoman referenced Dimon’s widely read annual letter released last week in which he wrote about JPMorgan having to sometimes turn down clients “with low character” as a way to be a “responsible” bank.
Maloney used excerpts of the letter to grill Dimon, saying that “actions speak louder than words on guns…[and] from what I can tell, these are just words to you.”

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Bill Introduced To Protect Gun Industry Access To Financial Services

From Guns.com:

The proposal, SB 821, was crafted to keep large financial institutions from denying service to constitutionally-protected industries involved in lawful shooting sports. Introduced by North Dakota Republican U.S. Sen. Kevin Cramer last week, U.S. Sen. John Kennedy, R-La, has signed on as a co-sponsor.

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Wells Fargo Continues Business With Gun Industry

From Bloomberg:

The San Francisco-based bank last week issued a $40 million line of credit to gun manufacturer Sturm, Ruger & Co., according to financial filings. That’s on top of the $431 million in debt that Wells Fargo has arranged for gunmakers since December 2012, when the Sandy Hook school shooting escalated the gun control debate. No other bank lent more to the industry over that time, according to data compiled by Bloomberg.

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Banks Continue Discriminating Against Gun Businesses

From Yahoo:

In the wake of high-profile mass shootings, corporate America has been taking a stand against the firearms industry amid a lack of action by lawmakers on gun control. Payment processing firms are limiting transactions, Bank of America stopped providing financing to companies that make AR-style guns, and retailers like Walmart and Dick’s Sporting Goods imposed age restrictions on gun purchases.

The moves are lauded by gun-safety advocates but criticized by the gun industry that views them as a backhanded way of undermining the Second Amendment. Gun industry leaders see the backlash as a real threat to their industry and are coming to the conclusion that they need additional protections in Congress to prevent financial retaliation from banks.

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NYT: Banks And Credit Cards Should Refuse Gun Sales

From The New York Times:

For the past year, chief executives have often talked about the new sense of moral responsibility that corporations have to help their communities and confront social challenges even when Washington won’t.

What if the finance industry — credit card companies like Visa, Mastercard and American Express; credit card processors like First Data; and banks like JPMorgan Chase and Wells Fargo — were to effectively set new rules for the sales of guns in America?

It looks like The New York Times is now pro-big business, if that business is big enough to pressure retailers in to doing what the NYT wants. This is more proof that “liberals” are not liberal and that they will do whatever is necessary to get their way. If big government can’t do it then they will pressure big business to do it. If this succeeds it will set a dangerous precedent.

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Guns Continue Record Sales

From The Washington Examiner:

The FBI just reported that the number of gun sales background checks for May was the highest ever for that month, 1,942,677, a trend that will make 2017 the first or second highest year for gun sales.

The continued growth of gun sales is in stark contrast to some in the media and industry who feared that the election of President Trump would snuff out sales that in 2016 were driven in part by concerns Hillary Clinton would win and implement strict gun control and an assault weapons ban.

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Kansas Trying to Attract Firearm Manufacturers

From Kansas.com:

Gov. Sam Brownback hopes that an increasingly firearm-friendly environment helps draw gun makers and jobs to the state.

During the last 18 months, the Brownback administration has been trying to lure gun makers to Kansas, urged on by conservative lawmakers who think that easing gun restrictions could make the state more attractive to manufacturers under legislative assault elsewhere.

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Guns Are Integral Part Of U.S. Economy

Quick video on the gun business:

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