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September 13, 2022 | Gun Purchases to be Tracked by Global Organization
Martin Armstrong
The far left is eager to repeal 2A. We are not as free as we think. The International Organization for Standardization (ISO), an organization headquartered all the way in Geneva, will be tracking all gun purchases made on credit. The ISO develops standard documentation that is globally recognized. Gun sales were previously listed as “general merchandise,” but the ISO is changing the code.
If you purchase a gun through a credit card, an international agency will document the purchase. Cash is still an option for now, but I expect it will become increasingly difficult to gain access to firearms – at least for those who plan to purchase them legally.
Visa is eager to participate. “Following ISO’s decision to establish a new merchant category code, Visa will proceed with next steps, while ensuring we protect all legal commerce on the Visa network in accordance with our long-standing rules,” they said in a statement. American Express said that they would work with a third-party processor (more people with access to your data) and will implement the code once the details are finalized. Mastercard said they will “turn our focus to how it will be implemented by merchants and their banks as we continue to support lawful purchases on our network while protecting the privacy and decisions of individual cardholders.”
Every credit company will comply. The National Rifle Association is pushing back, but the change is already underway. “The [industry’s] decision to create a firearm-specific code is nothing more than a capitulation to anti-gun politicians and activists bent on eroding the rights of law-abiding Americans one transaction at a time,” National Rifle Association spokesman Lars Dalseide stated to Fox Business.
As a reminder, criminals have access to guns. Joe Biden continually calls on Congress to ban assault weapons, but that is the beginning. Not so coincidentally, Joe Biden’s own family members illegally discarded a gun in a trash can outside a school, but that’s (D)ifferent. The Second Amendment is under fire, and the people must vote accordingly.
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Martin Armstrong September 13th, 2022
Posted In: Armstrong Economics