Posts Tagged money

BoA Gave Up Customer Data Without A Warrant

From Open Source Defense:

As part of the oversight conducted by the Committee on the Judiciary and the Select Subcommittee on the Weaponization of the Federal Government, the Committee and Select Subcommittee received testimony from retired FBI Supervisory Intelligence Analyst George Hill on February 7, 2023. Mr. Hill testified that Bank of America (BoA) provided the FBI — voluntarily and without any legal process — with a list of individuals who had made transactions in the Washington, D.C., metropolitan area with a BoA credit or debit card between January 5 and January 7, 2021, and that individuals who had previously purchased a firearm with a BoA debit card or credit card were elevated to the top of the list regardless of when or where the purchase was made.

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Anti-Gunners Target SAFE Banking Act

From Bearing Arms:

The SAFE Banking Act seeks to address the issue by allowing marijuana businesses to participate in the financial industry like any other lawful business. Customers would thus be able to transact with marijuana businesses using credit cards and electronic payments, taking cash  out of the equation and making transactions safer for both the businesses and their customers. This would result in fewer incidents of “gun violence,” which our friends in the gun control organizations purportedly care about.

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FBI Lies To Commit Biggest Bank Heist In History

From The Federalist:

There is no denying anymore that our federal agencies have weaponized their power against the political adversaries of the left. But if you think the feds’ abandonment of all standards only affects outspoken critics of the regime, think again. More allegations of FBI corruption and hubris are coming to light after a lawsuit last week revealed FBI agents misled a judge so they could illegally seize and withhold property from innocent American citizens.

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NSSF Takes The Fight To Financial Industry

From Cam and Company:

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Guns Stores Prepare For Sales Increase After Stimulus Payments

From The Post Millennial:

“Stimulus check equals gun money,” said Brandon Wexler, owner of Wex Gunworks in Delray Beach, Florida.”I do anticipate that when people get a stimulus check they will spend it on firearms, accessories, high-capacity magazines and ammo, if they can get it.”

Whether it be the rise in civil unrest throughout our nation’s cities, the Jan 6 attack on the US Capitol, or simply just for pleasure, Americans flocked to gun stores after receiving the first round of stimulus checks in 2020.

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Billionaire Wants To Take Your Guns And Is Spending Millions To Do It

From National Review:

Bloomberg has, in a just a few months of running for presidency, spent around $200 million in the primary — approximately $194 million more than the NRA spends on an average year in lobbying Congress and approximately $170 million more than the NRA spent on the entire 2016 election.
The $11 million Bloomberg reportedly spent on his Super Bowl is $11 million more than the notorious “gun lobby” has spent on national television advertising, probably over the past decade, if not forever.
That doesn’t even account for the numerous political entities Bloomberg funds, such as “Everytown for Gun Safety,” the gun-control group he co-founded, which announced recently that it is going to spend $60 million on the 2020 elections — or more than the NRA has ever spent in any election cycle ever.

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NJ Now Going After Banks That Do Business With Gun Industry

From The New York Times:

New Jersey intends to stop doing business with gun manufacturers and retailers that fail to adopt policies, like conducting background checks, to stop guns from falling into the wrong hands, becoming the first state to take such stringent action against the firearms industry.
The state will also apply pressure on major financial institutions, seeking information from banks that do business with New Jersey about their relationships and policies involving gun makers and sellers.

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Time To End The NRA?

From The Truth About Guns:

The National Rifle Association — America’s oldest civil rights organization — is in an existential crisis today brought on by mismanagement, cronyism, and self-dealing by its leadership. Every week brings forth a new allegation, a new bit of evidence that the that the NRA’s leaders are more interested in lining their own pockets and enjoying the perquisites of power than promoting marksmanship, gun safety, and defending the right to keep and bear arms.

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Illinois Introduces Bill To Fingerprint Anyone Who Wants To TOUCH A Gun

From The Truth About Guns:

The Illinois House Wednesday passed a bill to require the submission of fingerprints, along with higher fees in order to own, shoot or even handle a firearm or ammunition. Kathleen Willis’ Amendments to SB-1966 would also end private firearm transfers and even require immediate family members gifted a firearm to report themselves to the Illinois State Police under penalty of a felony.
The bill passed solely with Democrat votes, Democrats who claim to fight for poor, inner-city minorities. At least at election time. SB-1966, with its increased fees, has a guaranteed disparate impact upon poor people of color within the Land of Lincoln.

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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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Firearms Tax Holiday

From The Truth About Guns:

The beginning of fall signals not only the return of the school year but also the beginning of hunting season. To prepare for many hours to be spent hunting with a gun in a duck blind or a deer stand, hunters need to equip themselves with ammunition, various outdoor gear, and maybe even a new firearm.
That is why some states have tried, are currently trying, or now have a Second Amendment tax holiday where people can purchase hunting supplies, ammunition, and firearms without the burden of sales tax. It’s reasonable to assume many hunters may spend somewhere around $500-$1,000 on supplies to start a hunting season so the opportunity to save $50-$70 (depending on the state) on those purchases translates to significant savings for many individuals and families.

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Operation Choke Point Under Scrutiny

From Electronic Frontier Foundation:

EFF recently received dozens of pages of documents in response to a FOIA request we submitted about Operation Choke Point, a Department of Justice project to pressure banks and financial institutions into cutting off service to certain businesses. Unfortunately, the response from the Department of Justice leaves many questions unanswered.

EFF has been tracking instances of financial censorship for years to identify how online speech is indirectly silenced or intimidated by shuttering bank accounts, donation platforms, and other financial institutions.  The Wall Street Journal wrote about the Justice Department’s controversial and secretive campaign against financial institutions in 2013, and one Justice Department official quoted in the article stated:

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