Posted on 01/11/2021 9:13:07 AM PST by Red Badger
Wall Street is slamming the lid shut on the coffers of its corporate political action committees and threatening pro-Trump politicians on Capitol Hill with blacklisting.
Following a week in which major social media companies cut of President Donald Trump and began excluding some of his biggest advocates in the wake of the Capitol Hill riot, some of the nation’s largest financial institutions have announced that they are halting donations to their political action committees and considering permanently cutting off politicians accused of attempting to “overturn” the 2020 election.
J.P. Morgan Chase, the nation’s biggest bank by assets and market capitalization, said it is halting donations through its PAC for six months. Citigroup, the third-largest U.S. bank by assets, is reportedly pressing pause on political donations for the first quarter of 2020.
Goldman Sachs put the kibosh on donations pending a review of “how people acted during this period,” according to the New York Times, with the likely result that it will exclude Republican politicians who challenged the 2020 election results. Morgan Stanley also said it is stopping political contributions. It is considering withdrawing support for any politicians who voted against certifying Joe Biden’s electoral college win.
Bank of American and Wells Fargo are still considering their response but are likely to follow the path chosen by their competitors.
Typically, bank contributions to political action committees and politicians are considered by the Americana public some of the worst intersections of money and politics. The current situation has given the banks a rare opportunity to pose as do-gooders, even while implicitly pressuring politicians to win back their favor by adopting pro-Wall Street stances.
(Excerpt) Read more at breitbart.com ...
Democrats voted against certifying Bush in 2000 and 2004 and Trump in 2016.
THE PURGE IS ON!!! Democrats are ALL EVIL!
The Satanic opposition to God’s appointed president is really intense right now
WHY don’t they FREEZE OUT SOROS??????
Oh wait, I guess he’s got billions....,
Won't hold up in court.
What right do these corporations have in picking and choosing which politicians they do and do not donate money?
You are only to donate to THE PARTY Comrade.
“Won’t hold up in court.”
When it comes to matters concerning the Prez, laws do not exist.
If it is their OWN money / corporate donations - fine but I don’t have to bank their either.
If it is their CUSTOMER’S money / corporate donations - that would be illegal.
“No legal basis for freezing donations.”
We need to show them the law that states they cannot deny donations to politicians.
Next is selective by Left versus Right.
Remember, please, part of why we label the true terrorist groups (Muslims and others) by that label is to allow the government to freeze or seize accounts funding bombs and firearms for the bad guys.
So the new definition of GOP registered voter, contributor to conservative or actual Trump campaigns, and someone who spoke up at a PTA meeting against BLM and LGBTQ indoctrination of school children will be defunded from their banks as “terrorists”.
Sure is.
Isn’t donations from corporations part of the problem?
They have no authority to interrupt legal transactions.
Most of the 19 justices of the new Supreme Court agree that GOP and Trump donations and votes in Congress are obvious signs of terrorist actions and their money can be seized. ----April, 2021 post I'm making early.
That’s not what this is saying.
Dem sponsored riots, looting and arson in Seattle, Portland, NYC. Minneapolis etc, Banks do NOTHING in response.
74 million plus disenfranchised voters speak their mind in Washington, hardly even a riot compared to went on for months at the behest of Democrats, and the Banks act to suppress Conservatives?
We will be coming for ya by n by.
We are not going away this time.
Cabelas has halted all on-line sales of ammo, parts and reloading supplies.I
Reserving everything for their stores.
Ham radio panic starting, get your Baofeng now.
Its happening.
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