Firearms Industry Under Attack

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

white&yellow999

white&yellow999

Predaceous Stink Bug
Messages
234
Reaction score
0
Points
0
Location
USA
There have been several examples recently of this but now banks and insurance companies are being urged by the .gov to stop doing business with the companies involved in the firearm industry. Here are two examples that I saw recently.

http://chicago.cbslocal.com/2013/01/25/emanuel-to-banks-stop-supporting-gun-makers/

Chicago Mayor Rahm Emanuel is putting more pressure on gun makers to get behind his push for an assault weapons ban and criminal background checks for gun purchasers.

This time, he wants to go after their bottom line.

Emanuel is pushing two major financial institutions to stop their financial backing of gun makers, unless those companies support “commonsense reforms, including requiring criminal background checks on all gun sales.”

The mayor is urging that banks to stop lines of credit, financing for acquisitions and expansions and financial advising.

In a letter sent Friday to the CEOs of Bank Of America and TD Bank, Emanuel said: “In the past, the gun industry has stood in opposition to these safety measures. They opposed a ban on assault weapons on America’s streets, opposed a ban on military-style clips, opposed a criminal background check on all gun purchases and opposed any effort to crack down on criminal gun traffickers.”



In the letter, Emanuel says TD Bank offers a $60 million line of credit to Smith & Wesson, which produces the AR-15. That is the weapon used by James Holmes in the Aurora, Colo., theater massacre that killed 12 people. Emanuel wrote.

Emanuel told CEO Bharat Masrani “to use your influence to push this company to find common ground” on an assault weapons ban and gun background checks.

In a separate letter, Emanuel urged Bank Of America CEO Brian T. Moynihan to do the same thing with Sturm, Ruger & Co., which has a $25 million line of credit with the bank.
Click to expand...


http://www.silverdoctors.com/geico-canceling-insurance-because-customers-work-in-firearms-industry/
:Shows picture of letter on link to website:

An SD reader has sent us his notification of cancellation of auto insurance from GEICO effective 1/22/13 due to the fact that ”the vehicle does not meet our underwriting guidelines because it is used in conjunction with a company that deals in the weapons industry”.
Click to expand...
 
Bershire Hathaway (warren buffett) owns GEICO... heres a list of other Berkshire companies. Just incase you were curious....\

Subsidiaries Owned by Berkshire Hathaway:
Acme Brick Company
Applied Underwriters
Ben Bridge Jewelers
Benjamin Moore & Co.
Blue Chip Stamps
Borsheim’s Fine Jewelry
Burlington Northern Santa Fe Corp.
Business Wire
Cavalier Homes
Central States Indemnity Company
Clayton Homes
CORT Business Services
CTB Inc.
Dairy Queen
Fechheimer Brothers Company
FlightSafety
Fruit of the Loom
Garan Children’s Clothing
GEICO
General Re
H.H. Brown Shoe Group
Helzberg Diamonds
ISCAR Metalworking
Johns Manville
Jordan’s Furniture
Justin Brands
Kansas Bankers Surety Company
Larson-Juhl
McLane Company
MidAmerican Energy Holdings Company
MiTek
National Indemnity Company
Nebraska Furniture Mart
NetJets
NetJets Europe
Omaha World-Herald
Precision Steel Warehouse, Inc.
RC Willey Home Furnishings
Scott Fetzer Companies
SE Homes
See’s Candies
Shaw Industries
Star Furniture
The Buffalo News
The Pampered Chef
United States Liability Insurance Group
Wesco Financial Corporation
XTRA Corporation

Significant Minority Holdings:
American Express
Anheuser-Busch
Coca-Cola
IBM
M&T Bank
Procter & Gamble
Washington Post
 
Really need to link silver with guns imo. Silver bullet campaign or something. If everyone who bought a gun in the US (10 000 000+ guns sold each year) also invested in 20 ounces of silver at the same time, it would start to break the banks and governments ability to control everything. (That would equal 200 million ounces + annually which is 20% of total annual global supply.) If one domino falls...
 
Is it legal for banks to discriminate? I think some smart lawyers might "make some bank" if any TBTF banks took Rahm seriously.
 
This can only backfire on any bank that openly targets gun manufacturers or gun owners. I say fuck them all.
 
:agree:
Looks like I need to start shopping for new insurance.

This looks like a good business opportunity for someone take make a financial institution catering to the firearms industry.

pmbug.com/loans

:mrt:
 
Not just Colorado, apparently:
Democratic lawmakers in California introduced a bill Tuesday that would require gun owners to purchase liability insurance to cover costs in case their weapons ever caused death or injury.

“The government requires insurance as a condition of operating a car — at the very least we should impose a similar requirement for owning a firearm,” San Francisco Assemblymember Philip Y. Ting said in a press release from the California State Assembly. “The cost to society of destruction by guns is currently being born collectively by all of us, and not by those who, either through carelessness or malice, cause the destruction. It is time to change that equation so that those who cause the harm pay the costs.”
...
Click to expand...

http://www.washingtontimes.com/news...liability-insurance-gun-owners/#ixzz2KAGH2loJ
 
VCDL (VA's own version of the NRA on steroids) gives us these to pass out.
It works.

GunMoneyF.jpg

GunMoneyB.jpg

A medium clever person could edit these as appropriate to make their own.
 
Police currently searching for multiple murder suspect, Christopher Dorner, they keep repeating that he has assault rifles. Get ready for some showdown involving said assault rifle & subsequent media spin on why you shouldn't be allowed to own assault rifles...
 
We are beginning to see the balkanization of America. Half will be law abiding, gun owning constitutional conservatives, and half will be the takers.

I think it really is that simple. The Piers Morgan jackasses can go and live in their nice, secure FEMA camps, and the rest of us can go live in the American Redoubt.

Lock and load bitchez, fuck 'em and feed 'em fish heads I say.
 
Unbeatable said:
Police currently searching for multiple murder suspect, Christopher Dorner, they keep repeating that he has assault rifles. Get ready for some showdown involving said assault rifle & subsequent media spin on why you shouldn't be allowed to own assault rifles...
Click to expand...

How does a single one of these proposed laws keep police from snapping and using their weapons to kill other police?!
:noevil:
 
They won't Benjamen......they won't. The plain and simple explanation for gun control is simply the part about control. The demotards are fucking control freaks who think Uncle Stosh is the soution for everything. The sooner we get these assholes out of congress the better.
 
ancona said:
They won't Benjamen......they won't. The plain and simple explanation for gun control is simply the part about control. The demotards are fucking control freaks who think Uncle Stosh is the soution for everything. The sooner we get these assholes out of congress the better.
Click to expand...

Authoritarians are on both sides of the aisle. The neo-cons aren't any better so be careful what you wish for.
 
Unbeatable said:
Police currently searching for multiple murder suspect, Christopher Dorner, they keep repeating that he has assault rifles. Get ready for some showdown involving said assault rifle & subsequent media spin on why you shouldn't be allowed to own assault rifles...
Click to expand...

have you sen the two different manifestos being credited to this guy? The one for tv calling for gun bans and the original (here):
http://investmentwatchblog.com/cnn-...n=Feed:+Investmentwatch+(InvestmentWatchBlog)
 
I wonder, how on Earth this sad case of that guy, Dorner, can POSSIBLY be spinned towards MORE gun control?

I mean, the whole lyrics of that anti-gun song goes like this: "we absolutely, totally need to disarm The People, to protect them from the mad men, because then, it will be only Police force, who would own the guns, that they need to protect us anyway - therefore, public will be safe ever after, because there are NO possible people who were driven nuts in the Police fo... Erm... wait a second... Emmm... Look, a squirrel!"

So, even withing the Police, apparently, one can find a nutter, who would have access to the firearms, right? Well, according to the "logic" of pro-gun control freaks, (always following some massacre), WE SHOULD DISARM THE POLICE, TOO. You know, because "we simply must do something about that".

But, but.... I should rather save my breath, if these boneheads were about reasoning, not some utterly rubbish emotional hogwash, there would be no issue of gun control anyway...
 
Last edited:
Yes, we need to disarm those dangerous thugs who shot up an entire neighborhood because someone in it was driving a similar pickup truck.
 
DCFusor said:
Yes, we need to disarm those dangerous thugs who shot up an entire neighborhood because someone in it was driving a similar pickup truck.
Click to expand...
well, yeah, that would be needed, too. There's no place for such people in the police force. Can't see it happening, somehow, the whole society is so completely fucked up - I remember even in our fecking Communist regime back in Poland, when the riot police shoot at protesting miners, and killed some - the whole country was on the rise. In the US of A of today - cops shoot innocent, unarmed people, violate their rights, intimidate them etc., etc. - just another day in the office!

But people who want the right to protect themselves & their families, to execute the right to bear arms - nah, we cannot have that!
 
You must log in or register to reply here.
Back
Top Bottom