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Corporate America increasingly avoids gun-industry business
Associated Press ^ | Jun 24, 2018 6:54 EDT | Lisa Marie Pane

Posted on 06/24/2018 9:21:55 PM PDT by Olog-hai

With Gary Ramey’s fledgling gun-making business taking off in retail stores, he decided to start offering one of his handguns for sale on his website.

That didn’t sit well with the company he used to process payments, and they informed him they were dropping his account. Another credit card processing firm told him the same thing: They wouldn’t do business with him.

The reason? His business of making firearms violates their policies.

In the wake of high-profile mass shootings, corporate America has been taking a stand against the firearms industry amid a lack of action by lawmakers on gun control. Payment processing firms are limiting transactions, Bank of America stopped providing financing to companies that make AR-style guns, and retailers like Walmart and Dick’s Sporting Goods imposed age restrictions on gun purchases.

The moves are lauded by gun-safety advocates but criticized by the gun industry that views them as a backhanded way of undermining the Second Amendment. […]

The issue has already gotten the attention of the Republican who is chairman of the Senate Banking Committee. Sen. Mike Crapo of Idaho sent letters criticizing Bank of America and Citigroup, which decided to restrict sales of firearms by its business customers, over their new gun rules in the wake of the Florida high school shooting in February. “We should all be concerned if banks like yours seek to replace legislators and policy makers and attempt to manage social policy by limiting access to credit,” Crapo wrote to Citigroup’s chief executive. …

(Excerpt) Read more at apnews.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; News/Current Events
KEYWORDS: banglist; corporateamerica; guncontrol; liberalagenda
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Can’t buy or sell guns? Must accept the mark of the beast of gun control?
1 posted on 06/24/2018 9:21:56 PM PDT by Olog-hai
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“Infiltrate and gain control of big business.”
— Communist goal #37
Now the bitter fruits are showing.
2 posted on 06/24/2018 9:24:07 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai

The irony is most of corporate America’s protection is well armed.


3 posted on 06/24/2018 9:32:14 PM PDT by CatOwner
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To: Olog-hai

This is great!

Big stupid banks are walking away from money making opportunities because of the LEFT.

Big ol’ opening in the banking industry. The gun industry is a money making industry. Big money.


4 posted on 06/24/2018 9:32:27 PM PDT by joshua c (To disrupt the system, we must disrupt our lives)
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To: CatOwner

So was the Communist Party’s protection in communist states.


5 posted on 06/24/2018 9:34:44 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai

They all took the taxpayer bailout money though.


6 posted on 06/24/2018 9:35:10 PM PDT by headstamp 2 (My "White Privilege" is my work ethic.)
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To: joshua c

Big opportunities. The left ultimately can’t eat their own ideology.


7 posted on 06/24/2018 9:35:43 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai

Google banks in Houston. They will be happy to accomodate your financing needs for gun industry business.


8 posted on 06/24/2018 9:36:11 PM PDT by buffaloguy (Bond arms Cowboy)
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To: headstamp 2

All according to type. The State (as they regard themselves) is too big to fail.


9 posted on 06/24/2018 9:36:47 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: buffaloguy

FYI, Google is anti-gun.


10 posted on 06/24/2018 9:46:43 PM PDT by Cold Heart
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To: Cold Heart
WUT? 💸👹
11 posted on 06/24/2018 10:31:54 PM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: Olog-hai

I swear, if I ever hit a big lottery
i know where my moneys going. I would
be more than happy to finance a
company that has the potential to
reach 55,000,000 customers.


12 posted on 06/24/2018 10:51:57 PM PDT by Lean-Right (Eat More Moose)
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To: Olog-hai

There is a solution to this, if someone with any balls whatsoever wants to finance it.


13 posted on 06/24/2018 11:00:50 PM PDT by logi_cal869 (-cynicus-)
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To: Lean-Right

Insurance, financial services, loans and banking services.

Hell yes.

Only as long as it sponsors a Nascar team and the Olympic Biathalon team.

;)


14 posted on 06/24/2018 11:04:52 PM PDT by logi_cal869 (-cynicus-)
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To: Olog-hai

Create a vacuum, it will be filled. Just a little time.


15 posted on 06/24/2018 11:08:47 PM PDT by Joe Bfstplk (A Texas Deplorable.)
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To: logi_cal869

+55,000,000 for the NASCAR sponsor-
ship...I’d have a wrap on the car
with it showing hundreds of guns!
That would really p*ss of a few.


16 posted on 06/24/2018 11:30:40 PM PDT by Lean-Right (Eat More Moose)
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To: Lean-Right

of=off....


17 posted on 06/24/2018 11:36:05 PM PDT by Lean-Right (Eat More Moose)
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To: Lean-Right; logi_cal869
+55,000,000 for the NASCAR sponsor-ship.

And how much to hire a top tier driver?

18 posted on 06/25/2018 12:15:02 AM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: joshua c

Not nearly as big as the leftist organizations. Name a limousine industry that isn’t left? Corporate cronyism through control of money and health of most Americans.


19 posted on 06/25/2018 1:46:43 AM PDT by momincombatboots (No Wall, No Way 2018)
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To: joshua c

“Big ol’ opening in the banking industry. The gun industry is a money making industry. Big money.”

BINGO!


20 posted on 06/25/2018 2:38:24 AM PDT by Gen.Blather
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