Sunday, April 28, 2013

Gun Control Advocates Revel in Obama's Economic War on Guns

As gun control advocates cheered GE Captial's decision to cease business with gun stores, President Obama's economic war on the gun industry came into full view.  While Sen. Dianne Feinstein (D-CA) supports legislation to dry up the supply of firearms in this country, Obama and company are working behind the scenes to dry up the capital needed to make firearms and operate firearms related businesses. We began seeing this in January when Obama's right hand man, Chicago Mayor Rahm Emanuel, began pressuring Bank of America (BA) and TD Bank to quit doing business with gun manufacturers. Although BA was eventually shamed into reversing course, the impetus for their action was clear. Now that GE Capital has followed suit, gun control advocates are cheering their victory.  But other businesses are feeling the pressure as Obama, Democrats, and gun-control advocates attempt to turn Smith & Wesson and Glock into the equivalent of Marlboro or Winston cigarette manufacturers. Comcast Cable, for example, announced a ban on all firearm and ammunition advertisers in March...more





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