Banks who will not loan to gun MFGs, get tough legal blowback

Banks need to stop catering to the lunatic fringe. Or they're going to see
serious blowback from the vast majority of Americans.

 

From a business standpoint I do not thinmk I would have confidence in a bank that was not doing business with american gun manufacturers unless they saw the writing on the wall and saw it a risky investment with upcoming industry changes like bans. Since there is no real reason to think firearms are going to be banned in the US even given the parkland shooting they really should not be avoiding profits and potentially alienating defense contractors and stuff like that for a social move. It runs very contrary to the point of their business and does not seem to generate enough revenue on the back end to make any sense given america's relationship with guns and how easily the gun lovers buy guns every time they are spooked. If you are going to bail on gun manufacturers you should wait until the industry is actually becoming illegal with bills that look like they will pass in congress. I could not even see a reason to not invest in assault rifle manufacturing as a bank or investor considering how unlikely it is to be banned in anything but micro level or in a couple of blue states where it could be overturned by the courts anyway.

Some businesses may do well with not retailing guns, or banning guns in their commercial space, but this is way too soon for pulling out of any potential money making investments, and for a bank that shows a rather shortsighted money making viewpoint.

 

A couple of more big domestic terrorist acts, and some banks may see a boycott. Americans are fed up with the NRA, which has become a death cult. Even President George Bush wised up and ceased being an NRA member in 1995.

Following is the letter of resignation sent last week by former President George Bush to the National Rifle Association: May 3, 1995.

Dear Mr. Washington,

I was outraged when, even in the wake of the Oklahoma City tragedy, Mr. Wayne LaPierre, executive vice president of N.R.A., defended his attack on federal agents as "jack-booted thugs." To attack Secret Service agents or A.T.F. people or any government law enforcement people as "wearing Nazi bucket helmets and black storm trooper uniforms" wanting to "attack law abiding citizens" is a vicious slander on good people.

Al Whicher, who served on my [ United States Secret Service ] detail when I was Vice President and President, was killed in Oklahoma City. He was no Nazi. He was a kind man, a loving parent, a man dedicated to serving his country -- and serve it well he did.

In 1993, I attended the wake for A.T.F. agent Steve Willis, another dedicated officer who did his duty. I can assure you that this honorable man, killed by weird cultists, was no Nazi.

John Magaw, who used to head the U.S.S.S. and now heads A.T.F., is one of the most principled, decent men I have ever known. He would be the last to condone the kind of illegal behavior your ugly letter charges. The same is true for the F.B.I.'s able Director Louis Freeh. I appointed Mr. Freeh to the Federal Bench. His integrity and honor are beyond question.

Both John Magaw and Judge Freeh were in office when I was President. They both now serve in the current administration. They both have badges. Neither of them would ever give the government's "go ahead to harass, intimidate, even murder law abiding citizens." (Your words)

I am a gun owner and an avid hunter. Over the years I have agreed with most of N.R.A.'s objectives, particularly your educational and training efforts, and your fundamental stance in favor of owning guns.

However, your broadside against Federal agents deeply offends my own sense of decency and honor; and it offends my concept of service to country. It indirectly slanders a wide array of government law enforcement officials, who are out there, day and night, laying their lives on the line for all of us.

You have not repudiated Mr. LaPierre's unwarranted attack. Therefore, I resign as a Life Member of N.R.A., said resignation to be effective upon your receipt of this letter. Please remove my name from your membership list.
Sincerely, George Bush

https://www.nytimes.com/1995/05/11/us/letter-of-resignation-sent-by-bush-to-rifle-association.html

 

Discrimination is a part of life because we MUST discriminate. If you cannot discriminate between those who have money to pay you and those who do not then all business will shortly cease to operate. Do you want your daughter to have to marry the first person who asks or face legal action?

You say laws must define things very specifically and the anti-discrimination laws do just that. They very clearly define that discrimination is ONLY illegal if it is done against certain protected people and gun manufacturers are not among them. If a gun manufacturer is not financially solvent will banks that refuse them loans face Congressional inquiries?

By the logic I see the right wingers using here then very soon we will all be compelled to buy guns to support the gun manufacturers, though I think our considerate Congress will want to save us all a lot of trouble and just give them some of our tax dollars because of the fine patriotic job of enablng mass murderers they've been doing.

 

This is amazing. We now have conservatives applauding politicians who use their office powers to force private businesses to conduct business as the politicians see fit rather than as the business does. Conservatives applauding politicians using their offices to threaten political retaliation if a private business doesn't conduct tself the way the politician wants them to. I guess convictionfalls by the wayside as long as its the result you wanted. Sad.
To be clear, I would have had no problem if the NRA decided to ask its memebers to boycott Citibank.
What these republican politicians are doing should run counter to everything you beleive in, and yet here you are applauding it. Would love to hear your explanaition.

 

I left BOA years ago over their offering accounts to illegals and cut up my credit cards. Sounds like I made a good call.

 

I have a question which I believe ONLY you would ever be able to answer. Many years ago I had a model of the Northrop YB-49 Flying Wing, At least I remember it very clearly, but I have been told by many people I could not have had such a thing because the YB-49 never entered production. Please tell me if I am a robot whose memories have been altered or not

 

I gave up my bike a couple years ago after going down from locking the brakes trying to avoid rear ending a car that stopped unexpectedly. Reaction times and concentration going to hell in old age.

 

An incredible story. Enjoy your twilight years, you've earned them.

Maybe buy a good 4x4 and travel the country.

 

I think you're being a bit too literal.

Discrimination in its most broad definition is an act of differentiation.

But discrimination in this context is about the motivation of a choice in how to act, that motivation being bigotry.

So in that context, not all choices constitute discrimination but all acts of discrimination are choices.

Again I think you're being too literal, look past the list of protected classes and seek the reason why it exists.

The concept that justifies why we have those laws is the thing I'm trying to highlight for you.

Because discrimination itself is not mentioned in the Constitution but the 14th Amendment's equal protection assertion is and it is that assertion which forms the basis of our discrimination laws.

Laws are written as the need arises and, because of the 14th Amendment, whenever a group of people are being discriminated against our government is Constitutionally duty bound to act in order to maintain civil rights for all.

The absence of a law forbidding an act of discrimination does not negative the fact that the discrimination is occurring.

No, of course not, because it wouldn't be about their product at that point it would be about the fact that they can't pay their debt.

Just as if a Black man with a double digit credit score was turned down for a car loan, it wouldn't be because hes Black it would be because hes an extreme credit risk.

 

How can you have protected classes with the 14th amendment that says "equal protection under the law".

 

I believe it was a 1/72 Modelcraft or an AMT kit if I remember right from the 1980. You can find them sometimes on ebay. NOT CHEAP

 

Some reason my answer didn't print. You give up a lot of personal freedoms when we allowed the government to FORCE people to hire this person or that person. It is my business, it is my business. I can discriminate against anyone for any reason I please, and the 14th amendment says "equal protection under the law". How can you have a "protected class" when the law says we are all equal. Now government cannot discriminate against anyone, even white people as it does not, or for women which it does now. It is punishing the current population for actions of previous generations.
We give up freedoms when the courts violate the constitution and make changes to the wording with an amendment.
Oh, by the way, I am 21% black, 15% indian, and the rest is white according to 23and me. If you look at my motorcycle picture you should be able to tell.

Would you like it if the courts said you MUST have white friends, marry black women, allow a muslim to visit your home. Extreem as telling employers, and other people who want to sell homes etc that they MUST, by law, violate the 14th amendment. Next thing you know, you will have to violate the 13th amendment and suffer involuntary servitude to bake a cake for a gay couple.

 

I don't see protected classes in the Constitution, can you point that out for me.

 

Why do you live here if you hate America and Americans so much?

 

I'm pretty sure the NRA stagecoach would be well armed. Therefore able to protect itself. See how that works?

 

Same question I ask, how can you violate the 14th to "fix things". You do not work it that way.

 

Someone will fill in and profit. Stupid liberal CEO's/SJW will find out the hard way. Next time no bailout for BoA.

 

The Clintons first.

 

WTF does wanting to arm madmen have to do with being American? Why do you live in a civilized society if you want to enable insane murderers to kill people so easlly it is done with neither thought nor effort?. What will you say when it is your daughter or wife or mother who is a victim? Will you say she should have pulled her trusty revolver and shot down the assailant who killed her from a dark building far away and above? Not even the legendary Old West had the attitude to guns and gunfighting the NRA seems to be advocating. Most of the frontier towns had ordnances against carrying weapons in them, they were "gun free zones' and had signs clearly saying so. Now our open carry advocates say this just invites shooters and is unconstitutional. I say again, this is madness not Americanism

 

Who wants to arm madmen again?

 

The NRA ******it, the flag waving mouthpiece for the gun manufacturers that has pwned all of the gun advocates. They may not say they want to so arm crazies de jure but they want and have done so de facto pretty thoroughly. They openly oppose just about all common sense regulations, like not allowing potential terrorists on no-fly lists to have weapons and try very hard to make sure that even general regulations everybody has accepted for decades will be unenforceable. Up until the 1960's they were a gun safety group that nobody really had even heard of. Then the gun manufacturers realized they could make millions by selling everyone on the idea that guns were American and the commies were coming to get them

And our conservatives ate it with a spoon. I swear to god, you could sell solid **** to these people if you just wrapped it in a flag.

 

Uh, Alex the NSSF is the so called mouthpiece of the gun manufacturers. It's not the NRA. At least get it right.

 

What is the NSSF?

 

Sorry, I found it

And now I suppose you're going to tell me that the NRA never takes a penny from the gun manufacturers.



Please, pull the other one, they both have to be the same length