Credit Card Companies Are Bending To The Government And Will Tell Them How Much You Spend On Ammo…

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Credit card giants said they will implement a new merchant category code for the nation’s gun retailers, caving to Democrats in congress who pushed this nonsense.

New York City Democrats and pension funds had pushed the ISO and banks to adopt the new code on gun shop sales.

Two of the largest public pension funds in the U.S., which are located in California and New York, have put pressure on the country’s largest credit card companies to adopt separate sales codes for gun sales.

But gun rights advocates and gun lobbyists have said categorizing gun shop sales would be unfair to the industry given that most firearm sales do not result in mass shootings.

This move was also criticized by Lauren Boebert, a staunch 2A rights advocate, who wrote, “The Second Amendment is under siege.”

The International Standards Organization (ISO), which sets financial service industry rules, agreed to develop a four-digit merchant code to classify gun purchases.

Representatives from the credit card industry have cleared the way for tracking purchases, and supporters believe the tracking will reduce gun crime.

Gun purchases were considered miscellaneous retail or sporting goods. Merchant category codes are four digits used to classify retailers across the retail spectrum while not revealing individual product purchases until now.

Has the left forgotten the “Bill of Rights”? With the new codes tracking sales, Col. Rob Maness urged cash purchases.

Gun rights advocates also contest that tracking gun store sales would target legal gun purchases because merchant codes only label the type of merchant where the credit or debit card is used, not the specific items.

The purchase of a gun safe, for example, could be seen as a large purchase at a gun shop since the item can be bought for thousands of dollars. But a gun safe is a product considered to be part of responsible gun ownership.

100 Percent Fedup explained it further:

Credit card companies create a national registry, bypassing the legislature and the rule of law altogether and serving to erode the constitution and consumer privacy rights. Since Democrats can’t pass legislation to track gun sales, they use companies to do their dirty work.

Large corporations conspiring with politicians is a disturbing trend. Holding companies accountable who infringe on the law can take years of fighting.

For example, social media platforms worked with the Democrats to suppress damning information during the presidential race of 2020. Facebook’s Mark Zuckerburg finally admitted that Facebook interfered in the elections by censoring information harmful to Joe Biden’s candidacy.

Source: 100percentfedup

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