Putting the Squeeze on Legal Businesses

Witness the inevitable result of committed statists getting their hands on the regulatory apparatus:

Gun retailers say the Obama administration is trying to put them out of business with regulations and investigations that bypass Congress and choke off their lines of credit, freeze their assets and prohibit online sales.

Since 2011, regulators have increased scrutiny on banks’ customers. The Federal Deposit Insurance Corp. in 2011 urged banks to better manage the risks of their merchant customers who employ payment processors, such as PayPal, for credit card transactions. The FDIC listed gun retailers as “high risk” along with porn stores and drug paraphernalia shops.


Which Senator was it a while back who cavalierly suggested putting a thousand-dollar tax on individual bullets? Dick Durbin? The gun-grabbers would never get that tax through the House, but it looks like they’ve found another means of pursuing their goal of disarming the American people.

Now they’re getting your medical records, too.


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