Financing the Gun and Gun Parts Manufacturers

Michiganhunter

Well-Known Member
Joined
Feb 17, 2010
Messages
135
Location
Washington Twp. Michigan
This Administration is having Rahm Emanuel put political pressure on the big named Banks, to limit their lines of credit to the firearms industry, unless they cave in on the gun control issues. This is just an idea, but why couldn't the NRA open a bank, that would be financed through NRA Members, as well as any American gun owner that wanted to buy stock it this bank? "Constitution Bank", or "Freedom Bank" could be backed by every responsible gun owner in the Country, and ONLY lend money to Firearms Manufacturers, and parts manufacturers? If every gun owner in the Country bought $100.00 in stock per year, (or more) we could finance the firearms industry ourselves, and eliminate the possibility of Government pressure from the financial end?
Just a thought. Not sure if it is a "Post-able" subject, or not? I think I will send a similar email to the NRA as well. Thanks for the awesome website Len.
 

mtnwrunner

Well-Known Member
Joined
May 12, 2009
Messages
1,160
Location
Sweet, Idaho
Hey, I'm in---sounds like a wonderful idea to me.
The interest could be paid in .223 rounds................

Randy
 

gbritton

Member
Joined
Oct 16, 2011
Messages
16
It has possibilities. Maybe now that we are faced with a real threat from our own government folks won't be so apethetic.





People who believe our government is there to help you profit and has your best interest at heart should first talk to an American Indian.

Henry Ford
 

Michiganhunter

Well-Known Member
Joined
Feb 17, 2010
Messages
135
Location
Washington Twp. Michigan
Thanks for the positive responses. I am going to approach the NRA with the idea, and see if they respond to me. I am not sure about how all of the legal stuff works, but I am confident they would. Hope it can be a win, win for everyone if it gets enough traction.
Thanks again, Mike
 

desertbull

Well-Known Member
Joined
Jul 25, 2010
Messages
250
A couple of potential stumbling blocks.

1. - The NRA is a non-profit. Not sure how that would work if they start a bank / venture capital / financial institution...etc

2. The feds control the banks through the SEC and the federal reserve and other Gov't institutions.

On the positive side....I do not believe the actions of the Gov't to sway banks away from certain types of businesses would hold up in court. If it did hold, imagine how easy it would be to buy stocks in one company and then cut off the money supply to all of their competitors. Remember, the liberals are all about regulation and oversite
:D
 

Michiganhunter

Well-Known Member
Joined
Feb 17, 2010
Messages
135
Location
Washington Twp. Michigan
That would be the "things I don't know about", part of this idea? I think this Administration has the chance to seat more Judges is this term, does he not? Also, it seems as though, this group of politicians is particularly ruthless, when it comes to both regulatory law, and Constitutional law? I'm going to send my thoughts to the NRA, and see where it goes? I'd LOVE to have the opportunity to purchase the first "shares" if it blossomed into reality!!
Thanks for your input. You must be in the finance/financial advisor/or business management fields? I'm a busted up Carpenter, with a slight distain for the Government.
 

desertbull

Well-Known Member
Joined
Jul 25, 2010
Messages
250
That would be the "things I don't know about", part of this idea? I think this Administration has the chance to seat more Judges is this term, does he not? Also, it seems as though, this group of politicians is particularly ruthless, when it comes to both regulatory law, and Constitutional law? I'm going to send my thoughts to the NRA, and see where it goes? I'd LOVE to have the opportunity to purchase the first "shares" if it blossomed into reality!!
Thanks for your input. You must be in the finance/financial advisor/or business management fields? I'm a busted up Carpenter, with a slight distain for the Government.

Believe me, I don't put anything past these bed wetters in DC. We are now GIVING away f-16's and Abrams tanks and spare parts to Egypt yet I can't be trusted with a 30 round magazine?
 

Daveinjax

Well-Known Member
Joined
May 21, 2012
Messages
506
Location
Jax Fl.
I would not worry much about the firearms industry getting financing. The political ploy will only put pressure on big consumer banks but private commercial banks will gladly fill the void. There is also lots of private capitol funds who would like a piece of the actoin. Payroll deposits may be more of a pia for them but access to money should not be a problem. The industry is booming and unless poorly managed the balance sheets should look good. Small mom and pop operations may have to find small private banks and that may be inconvenient.
 

desertbull

Well-Known Member
Joined
Jul 25, 2010
Messages
250
Apparently Intuit has stopped processing credit cards from businesses that deal in firearms and accessories.
 

Daveinjax

Well-Known Member
Joined
May 21, 2012
Messages
506
Location
Jax Fl.
An NRA paypal type service would be awsome. I'm so tired of mailing postal money orders it's not even funny. I try my best to not do any business with PayPal. If the NRA sets up a full line online consumer bank it would be great . Don't think it will happen as I'm sure it would be hard to work with their nonprofit model.
 

Trending threads

Nightforce has great tracking capabilities, they are rugged, a bunch of elevation, holds zero forever, and reticles are designed for long range shooting. So if you are looking to shoot long distances constantly, then you need a scope that can take the abuse. -- gilmillan1


Culture Of Excellence At Nightforce Optics
By Len Backus

A high level of quality both in production and in service. Read More


Nightforce is such a solid combo of reticle, available elevation, glass that is good enough to shoot at the longest range you can dial. Nightforce has bullet proof construction that can handle the incidental horse rolling or some other rodeo action. -- bigngreen


Nightforce ATACR Scope Review
By Jeff Brozovich

The new NightForce ATACR is for sure a top choice for any long range shooter. Read More


The total package. Nightforce is the best I have used as far as turret feel and solid detents. I have never had one that didn't track right on and always return to zero. Nightforce NXS is the best value for everything I need. -- Broz


Nightforce Velocity 1000 Reticle Review
By Scott Shreve

I think Nightforce knocked it outta the park with this reticle! Read More

NightForce


Top