On March 22nd Citibank which issues Citi Visas and Mastercards released a “Commercial Firearms Policy” to announce to and unprecedented requirements to force firearms dealers who do business with Citibank to quit selling “high capacity”magazines. Citibank’s new policy:
“Under this…policy, we will require new retail sector clients or partners to adhere to these best practices: (1) they don’t sell firearms to someone who hasn’t passed a background check, (2) they restrict the sale of firearms for individuals under 21 years of age, and (3) they don’t sell bump stocks or high-capacity magazines. This policy will apply across the firm, including to small business, commercial and institutional clients, as well as credit card partners, whether co-brand or private label. It doesn’t impact the ability of consumers to use their Citi cards at merchants of their choice.”
First off it would be illegal for a licensed firearms dealer to sell a firearm to someone who hasn’t passed the FBI online background check. The only exception I know, at least in Texas, is a person who holds a state issued concealed carry permit (meaning they have passed a far more extensive background check than what the FBI conducts).
Also according to Breitbart it would require dealers to refuse to sell a gun if an instant background check took more than three business days. The problem is that sometimes people with common names take longer to check. The FBI has to confirm they are not the felon who is on their list and just happens to have the same name. This sometimes takes time to appeal.
Federal law allows sales of firearms to people between18-21 years of age. Citibank would like to repeal that right. My son at 18 was old enough to join the Marines and be issued an M16 so he damn well was old enough to buy an AR-15 and Citibank doesn’t have no right to deny that.
Finally they want to stop the sale of “high capacity” magazines which are perfectly legal. High capacity magazines for MSRs (Modern Sporting Rifles) like the AR-15 are not the problem. The problem is failure to enforce current laws, failure to recognize and deal with severely mentally ill people (like just about all the mass murderers in recent history), and the arsine insistence that we not defend our schools with armed adults. “Gun Free Zones” are an invitation to mass murder. The Israelis learned that a long time ago and now protect their schools and school children “in depth,” to use a military term.
Therefore I cancelled my Costco Citi Visa card today (and cancelled my Costco membership too as Citi is their main card issuer). If you value your right to defend yourself and your family you ought to do the same.