Monday, May 19, 2014

‘High risk’ label from feds puts gun sellers in banks’ crosshairs, hurts business

And who is next?  Global Warming deniers?  Conservative talk show hosts?  Christians?  Can you use the RICO laws against the American government?  How the HELL can the Federal Government use its force against those who engage in LAWFUL COMMERCE?

This administration knows no limits to its Leftism.

And what if a Conservative administration should get into office and decides to be vindictive?  Will Socialists be safe?  Anti-gun organizations?

This should anger everyone.  Liberals, Independents and Conservative.

“We’re committed to ensuring that our efforts to combat fraud do not discourage or inhibit the lawful conduct of these honest merchants,” the Justice Department said in a May 7 blog post.

But gun retailers say their businesses are being targeted in the executive branch’s efforts:

• T.R. Liberti, owner and operator of Top Gun Firearms Training & Supply in Miami, has felt the sting firsthand. Last month, his local bank, BankUnited N.A., dumped his online business from its service.

An explanatory email from the bank said: “This letter in no way reflects any derogatory reasons for such action on your behalf. But rather one of industry. Unfortunately your company’s line of business is not commensurate with the industries we work with.”

• Black Rifle Armory in Henderson, Nevada, had its bank accounts frozen this month as the bank tried to determine whether any of Black Rifle’s online transactions were suspicious.

• In 2012, Bank of America suddenly dropped the 12-year account of McMillan Group International, a gun manufacturer in Phoenix, even though the company had a good credit history, the owner said. Gun parts maker American Spirit Arms in Scottsdale, Arizona, received similar treatment by Bank of America, the country’s largest banking institution.

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