Banks getting in on the action

[Grundy1133]

Wow. It's hard to believe we might get to a point where you couldn't have some cash under the mattress - when there's really no such thing as "money" any more, it's just bits and bytes stored on a computer chip somewhere.

There really hasn't been "money" for quite a while. Just pieces of paper (actually cotton) with some writing and a signature. Pieces of paper versus bits and bytes? Not much difference there.

As far as barter, the key would be bringing it back to something that holds intrinsic value, yet can be subdivided into very small value things, too facilitate precise pricing and lower value transactions. Ammo comes to mind. A centerfire rifle cartridge in say 30.06 would have a higher value than a generic .22 LR round. A collection of ammo could serve as a useful medium of exchange, IMHO. Or we could go old school and use nails.

I like the ammo barter system. I think the video game is Metro..? but in the game they use ammo as currency. its pretty cool. it makes you wanna conserve ammo since you can use it to upgrade weapons.

[crazy2medic]

Wow. It's hard to believe we might get to a point where you couldn't have some cash under the mattress - when there's really no such thing as "money" any more, it's just bits and bytes stored on a computer chip somewhere.

There really hasn't been "money" for quite a while. Just pieces of paper (actually cotton) with some writing and a signature. Pieces of paper versus bits and bytes? Not much difference there.

As far as barter, the key would be bringing it back to something that holds intrinsic value, yet can be subdivided into very small value things, too facilitate precise pricing and lower value transactions. Ammo comes to mind. A centerfire rifle cartridge in say 30.06 would have a higher value than a generic .22 LR round. A collection of ammo could serve as a useful medium of exchange, IMHO. Or we could go old school and use nails.

I like the ammo barter system. I think the video game is Metro..? but in the game they use ammo as currency. its pretty cool. it makes you wanna conserve ammo since you can use it to upgrade weapons.

Should there be another "Carrington Event" we may just be on the barter system!

[Scott Farkus]

This creates a new precedent for gun control in the US, not through politics but buy using money.
http://thehill.com/policy/finance/banki ... to-assault

I've been with Bank of America for nearly 30 years. I've read of problems people have had with them over the years but I gotta say, I've always been pretty happy with their service and have had no real complaints prior to this.

The day after that article came out, I withdrew half my savings and opened an account at a local credit union. The next day, I paid off the balance of my BOA Visa card, and canceled it. I spent the next few days and weeks rerouting our direct deposits and drafts to the new credit union account, which as anyone who's done it knows is a HUGE pain in the neck.

After confirming that the last of these new direct deposits worked properly on May 1, I consolidated our remaining three accounts into one, walked into our local BOA branch and requested a cashiers check for the balance, and that all accounts be closed. It so happened that the branch manager was on the customer service desk that day, so I was glad I at least got to talk to someone above the teller level. She asked why I was leaving, and I politely told her that her bank made a decision not to do business with firearms manufacturers, and as a firearms owner I've made a decision to no longer do business with her bank. She was polite and professional, basically just said "I understand, we're sorry to lose you", and issued the check. It wasn't her fault so I didn't dwell on it much but I did comment something to the effect of "I've been a customer for nearly 30 years and never really had a complaint but this was a deal breaker for me. I don't understand why your company had to choose sides in this political fight but if we don't fight back, it's not going to stop. And it has to stop.". She said she would note my reason in the file - whether that matters for anything, I don't know or care.

I also had to call their customer service number a couple of times during the process and the reps both seemed to be somewhat taken aback when they saw exactly how long I'd been with BOA. One said "oh wow, you're grandfathered into EVERYTHING". I would basically reiterate that I didn't want to leave, their actions forced me to. Again, whether it makes a difference I don't know or care. This bridge is burned and will not be rebuilt. I only wish I had a chance to dialog directly with those actually responsible for this decision, but I know I'd likely lose my temper and say things I'd later regret.

We're in very dangerous territory as a country, folks. Something is going to give.

[tomneal]

Another Bank like entity getting in on the action of messing with gun owners.

https://bearingarms.com/tom-k/2018/05/2 ... s-charges/

It's not just new business, it's reversing pending charges.

[Mel]

Stores / retail businesses are converting to Credit / Debit card only. No cash and no checks.

And what do they say when you show them the statement on the currency, "THIS NOTE IS LEGAL TENDER FOR ALL DEPTS PUBLIC AND PRIVATE."?

I had this problem with a government office trying to pay for an FCC license. They stated that they do not accept cash. That I would have to go to the post office and buy a money order. I asked to speak to a supervisor and showed him the statement. They made a one time exception and took my money.

[tomneal]

Just pointing out some early problems implementing a prediction I learned about in a Southern Baptist Church Sunday School in the 1960's.

Today, "THEY" are discouraging using US Currency (instead of debit cards)
and
"THEY" are not allowing debit cards (or credit cards) at businesses "THEY" don't like. (Guns, State Legal Marijuana, Payday Loans, ...)

Someday "THEY" might not allow debit cards from people (like you and me) "THEY" don't like.

There is probably 'nothing to see here'. We should just ignore and 'move along'.

[tomneal]

So...
If the SPLC thinks you're 'bad'...

https://www.breitbart.com/tech/2018/08/ ... oup-label/

Nope. Nothing to see here. These are not the businesses you are looking for.

[flechero]

WHY, WHY, WHY doesn't the NRA or another 2A support group see the vacuum in the financial services industry?!?!?!?!? It's a ready made gold mine for anyone with the ability to step in and take the banking, CC processing, person to person pmts, etc.

NRA could market it for the start up and it may not be huge, but a few million customers right off the bat would pretty much guarantee success.

Doing nothing just puts us all in further danger.

[chasfm11]

WHY, WHY, WHY doesn't the NRA or another 2A support group see the vacuum in the financial services industry?!?!?!?!? It's a ready made gold mine for anyone with the ability to step in and take the banking, CC processing, person to person pmts, etc.

NRA could market it for the start up and it may not be huge, but a few million customers right off the bat would pretty much guarantee success.

Doing nothing just puts us all in further danger.

I would suspect that, given the US Banking laws which almost make banks part of the government and who controls how those laws work, setting up an alternative financial services organization would be as "easy" as setting up an alternative to Google. As some point, bridges are needed between any financial services process and the rest of the banking industry especially the Federal Reserve. The Fed is about as swampy outside of the Deep State as it gets.

[bblhd672]

So...
If the SPLC thinks you're 'bad'...

https://www.breitbart.com/tech/2018/08/ ... oup-label/

Nope. Nothing to see here. These are not the businesses you are looking for.

SPLC is a progressive socialist front organization, full of racists and communists.

[Abraham]

I'm not entirely certain if my question is germane, but here goes: Think my Cabelas credit card would be problematic next time I buy a firearm from Cabelas?

[pushpullpete]

I'm not entirely certain if my question is germane, but here goes: Think my Cabelas credit card would be problematic next time I buy a firearm from Cabelas?

Not sure but, I think Cabelas switched their credit cards away from b of a, I don't have theirs.

[gtolbert09]

I'm not entirely certain if my question is germane, but here goes: Think my Cabelas credit card would be problematic next time I buy a firearm from Cabelas?

Not sure but, I think Cabelas switched their credit cards away from b of a, I don't have theirs.

I was told when I signed up that Cabela's started their own bank that's who issues their Card. On the back it should say who the ISSUER is. It should say World's Foremost Bank. Bass Pro just switched to Capitol One.

[Mel]

I'm not entirely certain if my question is germane, but here goes: Think my Cabelas credit card would be problematic next time I buy a firearm from Cabelas?

Not sure but, I think Cabelas switched their credit cards away from b of a, I don't have theirs.

"On September 25 , 2017, Capital One Bank (USA), N.A. purchased your Cabela's CLUB Visa account, which was previously issued by World's Foremost Bank."

[Abraham]

Capital One Bank (USA), N.A. - Pro gun or anti?

Though I (speculating) can't imagine eiher B.P. or Cabelas willing to do business with an anti. bank as their customers with credit cards they promote with their business names on them would be restricted by being anti-gun.

That said, given the world the way it is, logic can't always be counted on...

So, anyone know Capital One Bank (USA), N.A. stance on firearm purchases?