Firing Back: Should Bankers Have Guns? Why Not, We Ask?

Look for this to become big news… Wall Street big wigs are getting guns. Well, not quite. Media outlets around the New York City area are reporting that some bankers are applying for pistol permits. What isn’t typically mentioned is that any New York resident, at least those who haven’t been convicted of a crime or have a mental illness, can apply. Many media outlets are also failing to report what a difficult and time consumer – not to mention expenses process it is to go through!

At least the New York Posted noted this much:

“At least Goldman bankers, who can make tens of millions a year, will find the permit fees relatively cheap: Registration and fingerprinting charges total $434.25.”

That’s right. For everyone, millionaire or not, the fees are nearly $450 in New York to obtain what the U.S. constitution says you have a right to own. And note that this is fingerprinting, as in the same type of fingerprinting people who are actually arrested go through. But if Mike Bloomberg had his way, he’d probably make it a crime to apply for a gun permit!