http://silverdoctors.com/ge-capital-cuts-off-financing-to-gun-stores/#more-25638
Welcome to the new Fascist Amerika where only those businesses aligning with the goals of our fascist overlords are allowed to succeed. As the WSJ has reports tonight, GE Capital has just cut off all funding to gun dealers across the US:
GE CAPITAL CUTS OFF FINANCING TO GUN STORES
Welcome to the new Fascist Amerika where only those businesses aligning with the goals of our fascist overlords are allowed to succeed. As the WSJ has reports tonight, GE Capital has just cut off all funding to gun dealers across the US:
This month, Glenn Duncan, owner of Duncan’s Outdoor Store in Bay City, Mich., said he received a letter from GE Capital Retail Bank in which the lender said it had made “the difficult decision” to stop providing financing services to his store. Other gun dealers have received similar notices.
With the Senate failing to pass Obama’s signature gun control legislation this week, it appears that the banksters are taking the destruction of the 2nd amendment into their own hands.
As the WSJ reports:
General Electric Co. is quietly cutting off lending to gun shops, as the company rethinks its relationship to firearms amid the fallout from the school shooting in Newtown, Conn.This month, Glenn Duncan, owner of Duncan’s Outdoor Store in Bay City, Mich., said he received a letter from GE Capital Retail Bank in which the lender said it had made “the difficult decision” to stop providing financing services to his store. Other gun dealers have received similar notices.GE (NYSE:GE) is at least the second big financial firm to retreat from the gun business following the school shootings, which claimed the lives of 20 first-graders and six adults in December.
With gun and ammo sales continuing to shatter records, we suspect that the firearms industry will do just fine without GE’s capital.
http://www.shtfplan.com/headline-news/executive-action-obama-to-ban-importation-of-ammo-magazines-and-gun-accessories-without-congressional-approval_04232013
Executive Action: Obama To Ban Importation of Ammo, Magazines and Gun Accessories Without Congressional Approval
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Over the course of the last month, while Americans were distracted with the threat of nuclear war on the Korean peninsula and the devastation wrought by the Boston bombings, President Obama was quietly working behind the scenes to craft laws and regulations that will further erode the Second Amendment.
Congress, and thus We the People, may have unequivocally rejected federal legislation in March which aimed to outlaw most semi-automatic rifles, restrict magazine capacity, and force national registration, but that didn’t stop the President from ceding regulatory control over firearms importation to the United Nations just two weeks later. What the UN Arms Trade Treaty, passed without media fanfare by 154 counties, would do is to restrict the global trade of, among other things, small arms and light weapons. Opponents of the treaty argue that loopholes within the new international framework for global gun control may make it illegal for Americans to purchase and import firearms manufactured outside of the United States.
To further his gun-grabbing agenda, however, President Obama and his administration didn’t stop there.
Now they’re taking another significant step against Americans’ right to bear arms – and they’re doing it through Presidential Executive Action, a strategy that, once again, bypasses Congressional oversight and the legislative process.
Just five days ago the President vowed to push forward on gun control without Congress and Nancy Pelosi argued that no matter what Congress says, gun control is inevitable.
This latest round of Executive Actions is what they meant.
A direct on attack on the second amendment is difficult if not impossible, so they are trying to slither their way in through the backdoor by restricting international trade so we can’t import new firearms, by restricting access to accessories and gun parts, by heavily taxing ammunition and gun purchases, by mandating policies like forcing gun owners to have liability insurance, and of course, by identifying potentially dangerous gun owners and simply taking their firearms because of public safety concerns.
The President recently suggested that the American people have spoken, and that they want guns to be restricted, banned and heavily regulated.
If that’s so, then how is that a bipartisan Congress overwhelmingly rejected the President’s bid to restrict and outlaw private ownership of millions of weapons and gun accessories?
Going through the United Nations and now implementing Executive Actions to bypass America’s Constitutionally mandated system of checks and balances is an act of desperation.
Those who would take our rights have been left with no choice but to try and force their agenda upon us through dictatorial means.
Congress, and thus We the People, may have unequivocally rejected federal legislation in March which aimed to outlaw most semi-automatic rifles, restrict magazine capacity, and force national registration, but that didn’t stop the President from ceding regulatory control over firearms importation to the United Nations just two weeks later. What the UN Arms Trade Treaty, passed without media fanfare by 154 counties, would do is to restrict the global trade of, among other things, small arms and light weapons. Opponents of the treaty argue that loopholes within the new international framework for global gun control may make it illegal for Americans to purchase and import firearms manufactured outside of the United States.
To further his gun-grabbing agenda, however, President Obama and his administration didn’t stop there.
Now they’re taking another significant step against Americans’ right to bear arms – and they’re doing it through Presidential Executive Action, a strategy that, once again, bypasses Congressional oversight and the legislative process.
…it appears that the BHO Administration is taking executive action on firearms importation. Take a few minutes to read this: After Senate setback, Obama quietly moving forward with gun regulation. Here is the key portion of the article:
“The Importation of Defense Articles and Defense Services — U.S. Munitions Import List references executive orders, amends ATF regulations and clarifies Attorney General authority “to designate defense articles and defense services as part of the statutory USML for purposes of permanent import controls,” among other clauses specified in heavy legalese requiring commensurate analysis to identify just what the administration’s intentions are. Among the speculations of what this could enable are concerns that importing and International Traffic in Arms Regulations [ITAR] may go forward to reflect key elements within the United Nations Arms Trade Treaty.”[Emphasis added.]
Depending on how it is implemented, the implications of this change could be huge. With the stroke a of a pen and without the consent of Congress, ATF bureaucrats could make ANY gun part or accessory (including magazines) or ammunition that were originally manufactured or perhaps even those designed for military use no longer legal for importation for civilian use. That might mean no more milsurp parts sets. No more milsurp magazines. No more milsurp ammo. No more milsurp optics. Perhaps not even spare firing pins. This could be ugly.
I strongly recommend that you stock up on magazines, ammunition and spare parts for any of your imported military pattern guns, as soon as possible! Once an import ban is implemented, prices will skyrocket.
Source: James Rawles’ Survival Blog via The Prepper Website
Just five days ago the President vowed to push forward on gun control without Congress and Nancy Pelosi argued that no matter what Congress says, gun control is inevitable.
This latest round of Executive Actions is what they meant.
A direct on attack on the second amendment is difficult if not impossible, so they are trying to slither their way in through the backdoor by restricting international trade so we can’t import new firearms, by restricting access to accessories and gun parts, by heavily taxing ammunition and gun purchases, by mandating policies like forcing gun owners to have liability insurance, and of course, by identifying potentially dangerous gun owners and simply taking their firearms because of public safety concerns.
The President recently suggested that the American people have spoken, and that they want guns to be restricted, banned and heavily regulated.
If that’s so, then how is that a bipartisan Congress overwhelmingly rejected the President’s bid to restrict and outlaw private ownership of millions of weapons and gun accessories?
Going through the United Nations and now implementing Executive Actions to bypass America’s Constitutionally mandated system of checks and balances is an act of desperation.
Those who would take our rights have been left with no choice but to try and force their agenda upon us through dictatorial means.
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