Freezing Gun Assets

Yesterday, I suggested that right now might be a good time to invest in gun stocks. It may be that I was premature. The anti-gun zealots are not going to be content with regulating what sorts of firearms the peasants can own. They also seem to want to put gun manufacturers out of business, or at least to try to shun them. From cnsnews.

Bank of America has reportedly frozen the account of gun manufacturer American Spirit Arms, according to its owner, Joe Sirochman.

In a Facebook post dated December 29, Sirochman wrote the following:

“My name is Joe Sirochman owner of American Spirit Arms…our Web site orders have jumped 500 percent causing our Web site e-commerce processing larger deposits to Bank of America. So they decided to hold the deposits for further review.

“After countless hours on the phone with Bank of America, I finally got a manager in the right department that told me the reason that the deposits were on hold for further review — her exact words were — ‘We believe you should not be selling guns and parts on the Internet.’”(emphasis added)

Sirochman also wrote that he told the bank manager that “they have no right to make up their own new rules and regs” and that “[American Spirit is a] firearms manufacturer with all the proper licensing.”

He also noted that he has been doing business with Bank of America for over 10 years, but will now be looking for a new bank.

According to Unlawful News, this isn’t the first time Bank of America has targeted a customer involved in the firearms industry.

McMillan Group International was reportedly told that its business was no longer welcome after the company started manufacturing firearms – even after 12 years of doing business with the bank.

I guess the idea is to imply that anyone having anything to do with guns is somehow disreputable. They are playing a long game with this.

Gun Sanity

There has been a terrible tragedy in Ohio. A young man went to Chardin High School and started shooting at the students. Three were killed and another two have been hospitalized.

Naturally, the Left has lost no time in exploiting this crime in order to push gun control, as witness this editorial in the Louisville Courier-Journal. This editorial, which they titled “Gun Insanity” is shameless and more than a little dishonest.I’ll give a few excerpts.

The shootings Monday at a suburban Cleveland high school that have now claimed three students’ lives will evoke widespread grief and horror, as they should. They will produce a search for motives and explanations, and there are already hypotheses regarding the teen-age shooter involving bullying, isolation and undetected personal problems. There will be discussion of the role of parenting and social media in such tragedies.What one can be absolutely certain of in today’s America, however, is that no serious political or public pressure will be brought to bear on the national madness that makes such slaughters not only possible but inevitable: an addiction to guns that is so sweeping that it all but prevents limiting access to firearms even by the millions of disturbed American adults and adolescents.

In a world that often emulates the United States, the American obsession with guns, and its Second Amendment that has been twisted to justify nearly unfettered private ownership of even the most powerful military and police firearms, is rejected by every advanced nation — and with good reason. In the January 2011 edition of the Journal of Trauma, researchers compared gun death rates in 23 advanced nations and found that the American numbers were by far the worst.The report noted: “Among these 23 countries, 80 percent of all firearm deaths occurred in the United States, 86 percent of women killed by firearms were U.S. women, and 87 percent of children [up to the age of] 14 killed by firearms were U.S. children.”

The Second Amendment has been twisted? Here is that amendment in its entirety.

A well regulated militia being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed.

I don’t see how anyone would get the idea that the Second Amendment allows gun ownership, except that it is stated in plain English. The only people doing the twisting are activist judges who state the amendment means the precise opposite of its actual words.

Now, as to the level of gun deaths in the United States. I agree that too many people are murdered in this country. I wonder though, if the editors of the Courier-Journal have bothered to examine the evidence that the increasing number of states with concealed carry laws have been associated with lower crime rates, and see this chart. They might have noticed that the jurisdictions with the strictest gun control laws have the highest crime rates. They might also have observed that since Britain all but banned private ownership of firearms, the crime rate there has been exploding.

The editorial does end on a high note, at least to me.

No matter. There is no political will even to ban assault rifles and rapid-fire guns. Proposals to register guns, just like cars, don’t even get a hearing. States’ rights advocates perversely insist that local and state gun-control laws be superseded by higher authority.

Thank goodness. This, like so many other issues today, is a freedom issue.