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Freedom Financing Act

Discussion in 'Gun Legislation' started by V-Tach, Apr 4, 2019.

  1. Vaquero

    Vaquero Pre-ban Staff Member Admin

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    That's true.
     


  2. Army 1911

    Army 1911 TGT Addict

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    Banks are publicaly held companies and are already subject to numerous fed regulaions including fed insurance.

    Not the same as a mom & pop bakery.
     
  3. AustinN4

    AustinN4 TGT Addict

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    Sure it is, the principle is the same.
     
  4. BillFairbanks

    BillFairbanks Active Member

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    Not really.

    The baker was perfectly happy to sell them a cake. He just didn’t want to use his personal artistic talents to decorate a cake for something he felt was against his closely held religious beliefs.




    Sent from my iPhone using Tapatalk
     
  5. TheDan

    TheDan 4th Best Member TGT Supporter

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    The banking system is a government sanctioned monopoly. Your only options are to do business with them or completely drop out of society.

    You can just go find another baker, or even bake your own damn cake.
     
  6. AustinN4

    AustinN4 TGT Addict

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    Monopoly? Hardly. There are thousands of FDIC-insured banks in this country. Pick one. Don't like them, pick another. There also other options but I wouldn't do business with them.
     
  7. oldag

    oldag TGT Addict

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    A large firm (e.g., firearm manufacturer) can't do business with just any bank. Many of those thousands of banks will not have adequate capitalization to support a large company. And yet more will not have the services required to meet a large firm's requirements.

    And there are a limited number of credit card processors. Seems I have read that some have refused to service gun firms. {I could be mistaken on this, but if not now it is only a matter of time.}

    This a similar situation, in my opinion, to the 30.06/30.07. Can a private firm doing business with the public discriminate? And what about when that discrimination conflicts with the Constitution? Although one could make a stronger legal case that the banks are not violating the Second Amendment (which I believe the 30.06/30.07 does violate).

    Not an easy answer here.
     
  8. AustinN4

    AustinN4 TGT Addict

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    You do have a point with this.
     
  9. Army 1911

    Army 1911 TGT Addict

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    So the mom and pop store is a publically held company?
     
  10. TheDan

    TheDan 4th Best Member TGT Supporter

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    Ok, cartel is a better term than monopoly. They are all part of the same system.
     


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