Category: All About Guns
The financial institution abruptly closed both the business and personal accounts of Brandon Wexler over the Christmas holidays. Wexler is a longtime customer of the bank, having had personal accounts for over 25 years and business accounts for at least 14 years.
In a letter to the dealer, obtained by The Reload, Wells Fargo claims a review of the account deemed Wexler’s business “too risky.”
Wells Fargo performs ongoing reviews of its account relationships in connection with the banks responsibilities to manage risks and its banking operations. We recently reviewed your account relationship and as a result of this review we will be closing your above referenced account. The accounts are expected to close by February 9, 2023 or you may contact the bank to initiate closure at an earlier date. The bank’s decision to close your accounts is final. Please note the bank reserves the right to close the subject accounts sooner than February 9, 2023 if circumstances arise that warrant an earlier closing. Also be aware that some circumstances may delay the closure of your accounts to learn more refer below to what may delay account closure
A Wells Fargo representative gave a statement to The Reload and denied the bank closed Wexler’s accounts because of his industry.
Jennifer L. Langan, Head of communications for CSBB & Consumer Lending at Wells Fargo, disputed Wexler’s claim that the closures were due to his work as a gun dealer.
“Based on our analysis of the risk associated with this customer, we made a decision to close the accounts,” she told The Reload. “Our decision is not based on the industry.”
However, a second letter from Wells Fargo to Wexler indicates that isn’t a completely honest statement. The banking giant explicitly says the reason for yanking the business account is because their guidelines prohibit them from “lending to certain types of businesses.”
Wells Fargo performs ongoing reviews of account relationships in connection with the company’s responsibility to oversee and manage risk and its business operations. We have reviewed your relationship with Wells Fargo and have determined at this time to close your account, effective 12/23/22. As of the date of this letter you may no longer make purchases or take cash advances. The reason for this action is:
Banking guidelines excludes lending to certain types of businesses
The Wex Gunworks owner isn’t an unknown quantity in the industry or business in general. Wexler has been a go-to industry source for media over the years, including The New York Times, CNN and ABC. Given the longstanding relationship with Wells Fargo, Wexler feels certain this is a case of industry discrimination.
“I’ve been with them for 25 years,” he told The Reload. “I’m a professional fireman. I do everything the right way. It’s messed up.”
Wells Fargo has indicated in the past they intend to pull away from banking relationships with gun dealers and pro-second amendment organizations like the NRA.
Wexler says he is currently weighing his legal options.
“I don’t care about the money. It’s more about making a point here. The public really needs to know about this. It’s not right.”
You’ve probably heard someone you know or, at least, someone online opine that police shouldn’t shoot to kill when they draw their firearms. Instead, they should wound people by hitting a leg or an arm. The most ignorant of this crowd ask “why not just shoot the gun out of the criminal’s hand?”
Our commander-in-chief, President Joe Biden, is apparently one such person. While giving a speech at the National Action Network’s Martin Luther King Jr. Day breakfast in Washington, the “leader” of the free world decided to weigh in on your local police force should be handling situations where a firearm is necessary.
“We have to retrain cops,” said Biden. “Why should you always shoot with deadly force? The fact is if you need to use your weapon, you don’t have to do that.”
Incredible.
Firstly, getting shot in the leg or the arm doesn’t guarantee one survives being shot. Hitting an artery is a solid way to bleed out swiftly if help doesn’t come soon enough.
That said, it’s pretty clear that Biden and people like him have watched one too many action movies. In cinema, the gunman of great skill retains an unchanging grim, if not uncaring expression as he casually shoots the extremities of his opponent, rendering them helpless and allowing him to get the info he needs. Even in the midst of chaos, he never loses his cool and his aim is always perfect.
In real life, adrenaline is shooting through the body putting the brain in fight or flight mode. The hands can get very shaky and one’s aim becomes less reliable. Even if the person wielding the gun is steady and aiming as best they can in these high-stakes situations, his target might be moving swiftly or even shooting back, making the shooter’s aim that much less accurate.
Hitting a limb is a gamble and the odds aren’t in favor of the shooter. The shot is likely to either miss or hit the larger part of the person’s body.
This is why police are trained to shoot at center mass when relying on deadly force. They aren’t trained to shoot to wound, it’s to kill. Anything else risks the life of the officer and runs the risk of hitting anyone behind the target.
Biden clearly doesn’t understand this because Biden, like many anti-gun Democrats, has little to no experience with firearms. He’s had all of his needs for protection taken care of for him. Yet he moralizes about what the people who protect us every day should do when in situations he’s never, and will never, be in.
This is just another example of a Democrat’s need to virtue signal in ignorance making it possible for people who know better to be put in danger.
