Dangerous idea... How Banks Could Control Gun Sales if Washington Won’t

Apr 26, 2013
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#1
I don't really see a good counter to this one. There are no 'good' banks AFAIK.

In the article he cites other payment processors' positions on prohibiting firearm-related transactions, and how banks implemented policies denying the ability to purchase bitcoin, which is a legal thing to purchase, to their clients.


http://archive.is/uZczA

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Here’s an idea.

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?
Is all of this a pipe dream? Maybe, but I spent the last 72 hours calling and emailing a handful of chief executives to discuss these ideas. None wanted to speak on the record, because it’s a hot-button topic. But all applauded the idea and some said they had already been thinking about it. A few, I discovered later, called their peers to begin a conversation.

At least two executives said a reason that they haven’t been more outspoken yet is that they fear reprisals from the N.R.A. and other gun supporters — not just in the form of boycotts that could affect their bottom line, but also actions that could imperil the safety of their employees.
 
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Nov 17, 2011
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#3
good, go ahead.....

ill just start GunPal payment system and make bank from all the money they choose to leave on the table.

firearms are a multi-billion dollar business....i hope those banks have a good explanation to their board of directors for why they are losing billions in revenue.


"At least two executives said a reason that they haven’t been more outspoken yet is that they fear reprisals from the N.R.A. and other gun supporters — not just in the form of boycotts that could affect their bottom line, but also actions that could imperil the safety of their employees"
1) show me any mass shooting carried out by a NRA member......were not democrats, we dont jump to violence when were not happy.

2) good, then the 2A is working just as it should.......people need to remember that actions have consequences......dont try to hamper civil liberties, and you have nothing to worry about.
 
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diverdon

Online Training Member
Dec 21, 2011
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#5
good, go ahead.....

ill just start GunPal payment system and make bank from all the money they choose to leave on the table.

firearms are a multi-billion dollar business....i hope those banks have a good explanation to their board of directors for why they are losing billions in revenue.
Ill buy some shares preIPO.
 

1J04

Morale Officer
Aug 7, 2011
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#6
good, go ahead.....

ill just start GunPal payment system and make bank from all the money they choose to leave on the table.

firearms are a multi-billion dollar business....i hope those banks have a good explanation to their board of directors for why they are losing billions in revenue.

That's exactly what will happen. 2A friendly businessmen will capitalize on this idiotic scheme. Do it indeed.
 

hlee

Sergeant
Jul 14, 2012
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#10
Already been done. Some Credit card processors were declining business from firearms businesses post sandy hook. I believe "Square" was one of them...
 
Feb 13, 2017
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#16
I don't really see a good counter to this one. There are no 'good' banks AFAIK.

In the article he cites other payment processors' positions on prohibiting firearm-related transactions, and how banks implemented policies denying the ability to purchase bitcoin, which is a legal thing to purchase, to their clients.


http://archive.is/uZczA

View attachment 6876218
That is one amazing piece of schnoz, isn't it ?
 
Likes: 1J04

Lowlight

HMFIC of this Shit
Staff member
Apr 12, 2001
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Base of the Rockies
www.snipershide.com
#27
It;s not the face you fuck, but the fuck you face, she might do some really fun things in bed, you just never know.

They can go the same direction as the Pot Companies here in CO and elsewhere, just create their own system as they cannot use the current system or banks. So the Pot Companies set up their own payment network.

You can get around banks
 
Feb 13, 2017
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#32
Uh, um,,, didn't McMillan (as in the rifle-stock company) do something like this already, or start the process off,,, or something like that?
Yeah, I saw a few years ago where BoA and McMillan got into a kerfuffle. BoA was "too good" to "take gun money". I think the short story was that McM just ended up going to another bank. I'm shy of details, but that's my guess.
 
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Rthur

Philomath
Apr 16, 2010
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#34
Yeah, I saw a few years ago where BoA and McMillan got into a kerfuffle. BoA was "too good" to "take gun money". I think the short story was that McM just ended going to another bank. I'm shy of details, but that's my guess.
I remember this as well, can't remember who they went to.
Funny, they all aren't above laundering Cartel money .

R
 
Mar 8, 2014
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#44
It;s not the face you fuck, but the fuck you face, she might do some really fun things in bed, you just never know.

They can go the same direction as the Pot Companies here in CO and elsewhere, just create their own system as they cannot use the current system or banks. So the Pot Companies set up their own payment network.

You can get around banks
I've been intrigued by that idea, but I can't help but wonder: If the state taxes are paid in cash and can't be legally entered into the banking system, where is all that cash owned by the state sitting? And what do the utility companies do? They legally have to sit on that cash as well. I'm thinking somebody must be guilty of laundering somewhere.
 
Feb 13, 2017
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#47
So, educate me, I'm ignorant on the subject......

If Sturm Ruger, the NRA, and conservative gun owners all have blood on their hands, how is it that Blackrock (who is the 8,000 pound investment gorilla) doesn't ? What a bunch of hypocritical bullshit.

If I am supposed to feel shame for my positive stance on the subject of gun ownership, so shall those investors that have profited from Blackrock's investments on their behalf.

I haven't invested in Blackrock, hence, no investments in those companies. Therefore, I have no profits or blood on my hands. Not going to even waste my time with the "cars kill people" (valid) analogy. They don't listen, doesn't fit their agenda.
 
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sirhrmechanic

Command Sgt. Major
Feb 23, 2010
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#48
Because these Wall St. types are buying shares in anything they can get their hands on... using OUR 401K and IRA money... with the intent of controlling... the very companies they are supposed to be helping to succeed.

Wall St. is broken. It's a casino and a power base... not what it was supposed to be. A way to put capital into companies to help them grow and provide jobs and economic growth for our nation. Now Wall Street is about trading paper and %$#@ing over companies in order to enrich the leeches who are... trading paper and gambling with stocks.

Blackrock is a way to control industries, using other people's money. And funnel billions into the political system... that lets them get away with it. Why do you think Pelosi and Bernie are worth hundreds of millions?

Sirhr
 
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