Posted tagged ‘NRA’

Democrat-Controlled Legislatures Affirm Bill to Allow Conceiled Carry in National Parks

May 21, 2009

The Senate voted 67-29 and the House voted 279-147 for this bill.

While this seems a wonderful headline, it was simply an add-in compromise to get a bill regulating the credit card industry passed. This gun rights for regulation trade seems fair to the NRA, but even these new gun rights seem to worry the National Rifle Association. Says a spokesman for the NRA, “anything can happen”. This spokesman anticipates some “ghost” in the bill that may restrict or prevent this new expansion of ownership rights.

The NRA may fear some trick in the bill, but there isn’t much else to fearĀ from this newly passed legislation, which also “cracks down” on credit card fees. It entails regulations that keep companies from issuing 18 year-olds credit cards and that keeps credit card companies from “double-cycling” and increasing interest rates as they please.

While such regulations are seemingly harmless, more are said to come. The purpose of these regulations is to soften the legislature for a more burdensome “salvo”.

Seeing as more regulations are coming, when this next round comes, we must do our best to fight it.