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Posts Tagged gun business
YouTube Starts Crackdown On Gun Videos
From The Truth About Guns:
On Tuesday, Kinman, joined on video by his son and business associate John, announced that a new YouTube policy is making up to 95 percent of Hickok45 videos inaccessible to his fans.
“Some of you may have seen that YouTube changed their policy on gun videos on June 18, and we were not aware how much that was going to affect us until very recently when we talked to our Google rep,” John Kinman said on the video. “And you may notice that our videos posted since June 18 have been removed.”
Company Producing Ammo Vending Machines
From Ammoland:
The vending machines in question, from American Rounds, use computer technology to validate age with picture ID. If the person attempting to purchase ammunition is over 21 years old, they may purchase the ammunition using a picture ID, which the machine validates using facial recognition software. Only credit or debit card purchases seem possible. There does not appear to be any way to pay with cash on the face of the machine. This means a double check of identification takes place, as the person whose identification is validated must also use a credit card, which has to be separately validated.
Idaho Credit Union Still Scrambling After User Agreement Debacle
From The Truth About Guns:
There’s a credit union in Idaho that’s been feeling some heat lately, and thanks to feedback, they’re seeing the light. The Idaho Central Credit Union felt the heat of TTAG’s story yesterday about their member agreement that precluded ammo and gun purchases with ICCU accounts as of a few days earlier.
California Now Requires Sales Code For Gun Stores
This new law is a workaround to the Fourth Amendment by requiring companies to “tattle” on their customers to the government.
From The Truth About Guns:
As reported earlier, a California law went into effect today that mandates credit card networks like Visa and Mastercard to assign special retail codes to gun stores, enabling banks to track their sales. Advocates believe this measure could help identify suspicious purchases and prevent mass shootings.
Czech Group Get Approval To Buy US Ammo Brands
From Guns.com:
The Committee on Foreign Investment in the United States has given the green light to the proposed acquisition of Vista Outdoor’s varied and iconic ammunition brands to the Czechoslovak Group.
In a release from Vista on Wednesday, the company announced it had received written notice from CFIUS that the federal regulator has concluded its review and investigation of the proposed transaction “and has determined that there are no unresolved national security concerns.” The clearance by CFIUS was the final governmental regulatory approval required for the deal to proceed. U.S. Federal Trade Commission had previously cleared the acquisition from an antitrust perspective.
New Gun Owners Since 2020 Equals The Population of Florida
From NSSF:
Firearm industry data has revealed something astounding. In a major shift since 2020, a population the size of Florida has become first-time, brand-new gun owners. That’s right – more than 22.3 million people who previously had decided firearm ownership wasn’t for them looked around, decided they didn’t like what they were seeing, jumped off the fence and lawfully purchased a gun at retail.
Bank of America Reverses Stance On Gun Investments
From The Spokesman-Review:
Bank of America Corp. is loosening restrictions on lending to the firearms and energy industries amid pressure from anti-ESG politicians in Texas and Florida.
The bank backed off its ban on lending to companies that make assault-style guns used for non-military purposes. Rather, the firm will make such decisions on a case-by-case basis with senior risk officers, according to its latest environmental and social risk policy framework. The Charlotte, North Carolina-based bank also made similar changes to its energy lending policies – it no longer has a blanket ban on financing for Arctic drilling.
Rep Massie Takes ATF Head To Task
From Ammoland:
Rep. Masse was referencing an interview that Mr. Dettelbach did with CBS’s “60 Minutes.” It was the same interview where the ATF’s firearms “expert” could not disassemble or assemble a Glock pistol. In the interview, Dettelbach pointed out that someone could buy a Barrett .50 cal in cash. He said that FFLs should report cash purchases to the ATF. Many in the gun community took issue with this statement because it is not illegal to buy firearms with cash, and in many cases, gun owners prefer to use cash, especially since programs such as “Operation Choke Point” exist.
Cornyn Backtracking On Gun Law
From Ammoland:
“Cornyn, Tillis, Colleagues Introduce Resolution to Block Unconstitutional Biden ATF Rule,” a Wednesday press release announces. Their intent is to “to strike down the Bureau of Alcohol, Tobacco, Firearms and Explosives’ (ATF) rule on the definition of ‘Engaged in the Business’ as a Dealer in Firearms, which ignores the law and congressional intent and flagrantly violates the Constitution to try to require anyone who sells a firearm to register as a federal firearm licensee.
”How can veterans John Cornyn, Thom Tillis, and other Republican “Vichycons” — who gave the antis the votes they needed — possibly claim to be surprised that enemies of the right of the people to keep and bear arms won’t stretch any inch given into a mile and then some? What did they think Chris Murphy had in mind, fast-tracking a bill after the high-profile Uvalde school massacre (where a maniac took predictable advantage of a “gun-free zone” while cops dithered in the hall for 78 minutes)?
US Ammo Plant To Be Controlled By Foreign Corporation
From Eurasia Review:
The deal would give CSG control 70% of the manufacturing capacity for ammunition primers, ownership of ammunition brands Federal, Remington, Speer, CCI, Hevi-Shot, and Alliant Powder, and management of the U.S. Army’s Lake City Army Ammunition Plant. The transaction was criticized by U.S. Senators J.D. Vance and John Kennedy, Representatives Mike Waltz and Clay Higgins, and the National Sheriffs Association. (CSG currently has a 70% stake in Italian munition maker Fiocchi Munizioni which is widely available in the U.S.)
Temporary Restraining Order Issued For ATF
From The Truth About Guns:
The gross overstep by the Justice Department (DOJ) and Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), which basically outlaws private gun sales and was set to take effect on Monday, has been challenged in court in a number of different lawsuits. On Sunday, in the case State of Texas v. BATF, the U.S. District Court for the Northern District of Texas approved a temporary restraining order on the Final Rule that states it may not be enforced against the individual plaintiff in the case, citizens of the of Texas, and members of Gun Owners of America, Gun Owners Foundation, the Tennessee Firearms Association and the Virginia Citizens Defense League.
ATF Stats Prove “Universal” Background Checks Won’t Work
From Ammoland:
“Universal” background checks are “universal” in name only and don’t stop criminals from stealing firearms, getting them on the black market, or getting them from straw purchasers. On April 8, ATF published a report on the agency’s firearm trafficking investigations. The “trafficking channel” for roughly two-thirds of the reported cases (65-percent) were “trafficking in firearms by a straw purchaser or straw purchasing ring,” “trafficking in firearms stolen from an FFL,” or “trafficking in firearms stolen from private persons.” For those unfamiliar with the term, “straw purchasing” is when a person buys a firearm, lying on ATF Form 4473 and undergoing a background check, on behalf of a person prohibited from possessing firearms.
Arkansas AG Wants ATF Bodycams From Raid
From Ammoland:
Arkansas Attorney General Tim Griffin has serious questions for ATF officials about their botched March 19 SWAT team raid, which killed Little Rock Airport executive director, Bryan Malinowski, in his home. And if ATF has bodycam footage of the fatal raid, Griffin wants to see that, too.