Feds Hit Online Gun Stores With “High Risk” Label
Some online guns stores say they are being targeted by the Obama administration. Federal regulators have classified those stores as “high risk†along with porn stores and head shops. Critics slam the move as an unfair way to put gun dealers out of business.
Today on America’s Newsroom, Katie Pavlich said she doesn’t buy the government’s argument that it’s a way to crack down on fraud.
Pavlich said the Department of Justice in conjunction with the Federal Deposit Insurance Corporation and Federal Trade Commission, have regulated certain industries making it harder for them to get loans. In 2011, the FDIC warned banks of credit risk with certain customers.
“One of those industries they’ve put on that list is the gun industry, and they’ve classified firearms and ammunition as high risk sales,†Pavlich said.
This in turn makes it more difficult for the targeted companies to buy and sell products.
Pavlich said the DOJ is bypassing Congress to discriminate against people who are exercising their Second Amendment right. Furthermore, she said the DOJ hasn’t provided valid statistics to back up why online sales of ammunition and firearms are high risk.
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