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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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To: Pontiac

Won’t matter so long as the message
Gets out....remember....I’m a multi
millionaire....who knows, with enough
money, maybe Jr would drive for me.


21 posted on 06/25/2018 2:51:15 AM PDT by Lean-Right (Eat More Moose)
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To: Lean-Right

The messsage goes furthure if you have a winning driver.


22 posted on 06/25/2018 3:27:01 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: Olog-hai

I call on all CEOs to have any security hired to protect property, or details that protect execs, to go gun free.


23 posted on 06/25/2018 4:19:24 AM PDT by fruser1
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To: fruser1
I call on all CEOs to have any security hired to protect property, or details that protect execs, to go gun free.

I was in Greenwich,Connecticut last week walking around,killing a day.Greenwich,for those who aren't familiar with the town,is a suburb of NYC and is one of the richest residential suburbs on earth.

As I walked around I saw that every single multi million dollar house I passed had a sign somewhere in the front of the house saying something like "protected by XYZ Security".

So I wouldn't hold my breath waiting for the announcement you've proposed.

24 posted on 06/25/2018 4:39:15 AM PDT by Gay State Conservative (You Say "White Privilege"...I Say "Protestant Work Ethic")
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To: Pontiac

If it were me, I’d drive for free and let the manufacturers pay for the patches on my race suit.


25 posted on 06/25/2018 5:44:15 AM PDT by logi_cal869 (-cynicus-)
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To: Olog-hai

Any corporation that does this is anti-American. Should lose its charter and close its doors.


26 posted on 06/25/2018 2:48:29 PM PDT by mulligan (EeThe)
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