Mastercard Pressured To Stop Processing Transactions For Kits, Parts, & Accessories

Published on December 31, 2021
Duration: 7:30

This video from Guns & Gadgets discusses how Rhode Island's General Treasurer, Seth Magaziner, is pressuring Mastercard to stop processing payments for firearm parts, specifically those used to assemble 'ghost guns.' The speaker, demonstrating an experienced authority on firearms law and politics, argues this is an attempt to halt all legal gun part sales under the guise of preventing untraceable firearms. The video highlights the political and organizational backing for this initiative, including groups like Moms Demand Action and Everytown for Gun Safety, while also offering a strong rebuttal to the claims made about ghost guns and their impact on crime.

Quick Summary

Rhode Island's General Treasurer, Seth Magaziner, is pressuring Mastercard to stop processing payments for firearm parts, kits, and accessories, especially those used for 'ghost guns.' The speaker argues this is an overreach aimed at restricting legal purchases, citing historical precedents where individuals made their own firearms regardless of part availability.

Chapters

  1. 00:04Intro and YouTube Purge
  2. 00:20Rhode Island Pressures Mastercard
  3. 00:52Seth Magaziner's Shareholder Proposal
  4. 01:16True Intent: Halt All Gun Part Sales
  5. 01:40Co-Filers and Supporting Groups
  6. 02:33Rhode Island's Pension Fund Bullying
  7. 03:27Magaziner's Claims on Ghost Guns
  8. 03:50Magaziner's Quote
  9. 04:08Host's Rebuttal and Reality Check
  10. 05:04Criticism of Supporters
  11. 05:37Call to Vigilance and Future Outlook
  12. 06:30Final Thoughts and Call to Action

Frequently Asked Questions

What action is Rhode Island taking regarding Mastercard and firearm parts?

Rhode Island's General Treasurer, Seth Magaziner, has filed a shareholder proposal urging Mastercard to stop processing payments for firearm kits, components, and accessories, particularly those used to build 'ghost guns.'

Who is supporting the pressure on Mastercard to stop processing firearm part transactions?

The shareholder proposal was co-filed by Connecticut Treasurer Shawn Wooden and supported by organizations such as Mercy Investment Services, Moms Demand Action, and Everytown for Gun Safety.

What is the speaker's perspective on the move against Mastercard processing firearm part sales?

The speaker views this as an attempt to broadly halt lawful purchases of legal firearm items, rather than a genuine effort to curb criminal activity, and argues that criminals will always find ways to obtain firearms.

What are 'ghost guns' as mentioned in the video?

'Ghost guns' are described as 'undetectable and untraceable firearms' assembled from kits, components, and accessories, often lacking serial numbers, which makes them difficult to trace by law enforcement.

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