A financial prediction

Get Ready for a Financial Assault on the Second Amendment:

California Democrat Maxine Waters is the new chairwoman of the House Financial Services Committee. To judge from the party’s past behavior and the various proposals emanating from the left, Waters’s Democrats are going to pressure banks, credit unions, and payment companies to severely curtail and even terminate their relationships with firearm manufacturers, licensed gun retailers, and law-abiding citizens exercising their right to purchase and own firearms. In other words, they will use political pressure to force private institutions into creating social policy that threatens constitutional rights.

I’m a little skeptical. If they thought they could get the legislation through, sure. But just through “political pressure” without the support of the Whitehouse seems like a stretch. Still, it might be worthwhile to consider moving your accounts to a friendly bank or credit union if some banks bow to “political pressure”.

6 thoughts on “A financial prediction

    • They were disarmed long ago. Why do you think bank robbery is so common, often using merely a piece of paper? (How often do you hear “the robber passed a note…”?)
      Banks used to shoot would-be robbers, but that hasn’t been done in decades, at least not in New England. Current laws about justifiable homicide discourage it, which is very unfortunate.

  1. Dude, just cuz they *can’t* do it doesn’t mean they won’t try.

    Day one of new Congress: Impeach Trump! Never gonna happen and they damn well know it, but they’ll beat their heads on that wall anyway.
    And Feinstein pushes a new AWB all. The. Damn. Time. and it never passes… but she does it anyway.

    And before it got shut down by courts, they tried this exact tactic and had minor success (as in it didn’t fall flat right out the gate). Safe bet they’ll try it again and again. I think this’ll be a new norm for a while.
    As always, buy ammo and get good.

  2. Are we forgetting “Operation Choke Point”? I have ZERO doubts that people like Mad Maxine Waters etc. can wield enough influence and cause enough headaches for banks and other financial institutions that they will roll over and do what she and her criminal coconspirators want them to do. These companies
    don’t give a rats ass about our rights or anything else except for PROFIT. And these evil congresscritters are in a position to cost banks etc. a LOT of profit. So YES….they WILL go along with the agenda.

    • I didn’t forget about Operation Choke Point at all. But that was the executive branch. They have a lot more discretion in creating/finding regulations to enforce than the house does.

  3. Center and center-right have never been as strong users of lawfare as left and far-left; one option (among many) is find, or cultivate, judges on the opposite side of the spectrum from lefties to issue the same kind of injunctions they others do for the Left, which will result in the Left having to expend resources to combat. Others are file a plethora of realistic and fact-based lawsuits at all levels from local to federal, especially those which will result in reimbursement of legal and court costs, and seek creation of a federal grant and largesse structure similar to what is used to keep lefty organizations well fed (the federal money stream is ~$4 trilllion, more than large enough to allow standing on the river bank to scoop random bucketfuls for other purposes).

    We need to understand that this is war, it has always been war, it will always be war, it will result in a winner and a loser and multiple low level insurgencies and guerilla actions operating below most of the radar can be as valuable, and sometimes more, as an armada of landing craft storming the beach.

    As “guerilla war” examples, imagine what 5,000 Joes monthly taking a newbie to the range would mean over a few years, and finding and allocating funds from within the Dept of Agriculture to convert unused farm land to public shooting ranges. The “Joe” procedure could be organized (and while I seriously doubt the NRA is the tool for that, it does have a cadre of people – at various skill and attitude levels – capable of imparting knowledge, but it should also be understood that “imparting knowledge” in this context is rarely combined with “a positive and fun experience” which is a critical component of the process; a structured class of 8-12 is not the same as one person at a time, or a couple, being introduced to shooting by someone more interested in sharing the pleasures of shooting rather than completing a specific course certification requirement).

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