President Biden’s 1-2 Punch Plan to Buckle the Firearm Industry

By Larry Keane

Boxing iStock 1006291908
Biden’s one-two punch to destroy gun rights. IMG iStock 1006291908

U.S.A. -(AmmoLand.com)- President Joe Biden is throwing out just a few feeler jabs in his gun control fight. He’s talked of bans and repealing laws, which are certainly worthy of throwing up a guard to keep them from landing. Make no mistake. His fight plan is one of disciplined patience versus throwing haymakers.

He’s already setting up for a 1-2 combination that he believes would send the industry to the mat. He’s not looking to just win the round or the fight. He’s looking beyond the title. President Biden wants a knockout against the firearm industry that’s so painful, there’s no talk about a rematch.

President Biden is doing this by landing hard blows against the firearm industry’s ability to gain footing financially. He’s not fighting fair either. President Biden is swinging below the belt.

Round One

The president’s “be first” strategy started just eight days after he was sworn into office. The Office of the Comptroller of the Currency, which is structured to be independent of the Executive Branch so it isn’t vulnerable to political influence, hurriedly announced a pause of the Fair Access banking rule.

It was a convenient block of a rule that would have ended discriminatory lending practices targeted against the firearm industry and other industries. Banks have been denying services simply because the industry was out of political favor. This isn’t disqualification because the customer’s business was unlawful or poor credit risk, but because the customer’s business fell within an industry that “woke” corporate bank board members found distasteful.

The Fair Access rule would have made it a fair and even match-up. It would have stopped big banks from picking winners and losers based on executives’ personal politics and protected banks from outside pressure from special interest groups to take a dive when it came to seeking to do business with members of the firearm industry.

It put an end to the privatization of the illegal Operation Choke Point that was started by the Obama administration, run through the Department of Justice (DOJ) and the Federal Deposit Insurance Corporation (FDIC) that denied banking services to the firearm industry.

That’s like the referee loading up a fighter’s gloves right before the bout starts. But the ref got caught. When the Biden administration “paused” the Fair Access rule, they basically winked at the cornerman, letting him know that as long as the gloves are loaded up in the locker room, he’s not going to stop it.

Round Two

The Fair Access banking rule is just the first of two strikes intended to buckle the knees of the firearm industry. The second devastating shot is if President Biden gets his way and convinces Congress to repeal the bipartisan Protection of Lawful Commerce in Arms Act (PLCAA). This move would expose firearm and ammunition manufacturers and sellers to an avalanche of frivolous lawsuits by activist trial lawyers and gun control groups backed by their stable of big “white shoe” corporate law firms. The real intent is bankrupting the industry or, due to mounting legal fees, they are forced to throw in the towel and enter settlement agreements for court-imposed gun control measures. Repealing the bipartisan PLCAA would turn the ring into a no-holds-barred, no-rules, anything-goes cage match.

President Biden isn’t proposing holding criminals accountable for their horrific crimes but wants to allow special interest groups to exploit horrific crimes to land body blows against the firearm industry. It lines lawyers’ pockets and crushes businesses and jobs. This move does nothing to protect the public.

President Biden is blame-shifting. He’s shifting accountability for criminal actions away from the individual who committed a crime and putting it on manufacturers and retailers. To mix metaphors, it’s like suing Ford for the wrongful deaths caused by drunk drivers. The carmaker didn’t cause the criminal to commit a crime that tragically took a life. The same with firearm manufacturers and retailers. Criminals must be held accountable.

President Biden isn’t concerned about accountability. He’s looking to hit hard and if it means changing the rules to get his way, he’s not above landing kidney punches.

This fight is a rematch, however. The PLCAA was passed with broad bipartisan support in 2005 as a direct result of a wave of lawsuits filed by several dozen big city mayors in cahoots with the Brady Center and greedy trial lawyers looking for a payday.

Fighter Retire

This is what the firearm industry is facing. It is not a fair fight or one based on truth. It is going to be dirty. It is going to be emotional and it is going to be drawn out. It is, after all, the fight for the firearm industry’s very existence.



About The National Shooting Sports Foundation

NSSF is the trade association for the firearm industry. Its mission is to promote, protect and preserve hunting and shooting sports. Formed in 1961, NSSF has a membership of thousands of manufacturers, distributors, firearm retailers, shooting ranges, sportsmen’s organizations, and publishers nationwide. For more information, visit nssf.org

National Shooting Sports Foundation

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Big George
Big George
7 months ago

First I agree with poster ‘Quatermain’! Secondly…do us all a favor when you mention joey bitme…put ‘President’ in air quotes! Thank you very much!

Montana454Casull
Montana454Casull
7 months ago

These idiots have not been held accountable for Fast and furious yet . They are responsible for many deaths when they illegally sold guns to Mexican cartels . These criminal acts make anything Joe passes a moot point until Obama and Holder and Biden are all prosecuted for Fast and furious. Leave lawbiding Americans alone and concentrate on criminals like these clowns who broke laws and people died due to thier incompetence and criminal acts ! Joe you are ilegitiment and a criminal also , any executive orders you sign are not legitimate and must be ignored clown .

Cruiser
Cruiser
7 months ago

Biden’s attack on the second amendment is just a sideshow to keep gun owners busy while he and his mob do other illegal acts around the world.

nrringlee
nrringlee
7 months ago

Larry, please. Joe in his best day was nothing more than a hapless jobber, a punching bag for those more gifted. He is now simply an empty vessel out of which spews toxic waste generated by his handlers and his sponsors. Joe has no idea what he is signing. That being said we face a different problem than that which was presented by the Obama regime. Obama was all talk, no fight. Case in point was his subcontracting out Obamacare to Harry and Nancy and then retreating behind a veil of lies. After that, his initiatives were all dead and… Read more »

Quatermain
Quatermain
7 months ago

In the first place Biden is not president he is the installed puppet; therefore he is illegitimate. An illegitimate figurehead cannot enact a legal law. Therefore anything presented as law must be ignored or resisted. To do otherwise is to be complicit in the fraud. This is especially true if one attempts to bargain, lobby or obey such illegal edicts..

Rob
Rob
7 months ago
Reply to  Quatermain

Please be sure to post the location of your dealer; what you’ve got your hands on appears to be some really good shit!

Dee
Dee
7 months ago
Reply to  Quatermain

LOL…I’m all for the fight for gun rights but y’all got to quit with the lies and BS. You lose the purpose of your message when you shout out that old technique shit of lies, conspiracies, and out right laughable BS. Learn from the former Bozo in the WH that that crap only last so long. And plus it gives the individuals who are trying to enact new gun laws ammunition that y’all dumb asses don’t need a damn gun!! So cut that ish right now or talk sensibly about gun ownership!! Now go ahead and dislike my post and… Read more »

Unlicensed Bozo
Unlicensed Bozo
7 months ago

If anything, the move to cyber currency will be accelerated because of this. If I can’t use a CC to buy ammo, or lowers, I’ll use bitcoins. Take the banks out of the loop!