Posted on 02/20/2020 10:59:42 AM PST by yesthatjallen
Dozens of House Democrats are urging several major banks not to fund oil drilling and development in the Arctic National Wildlife Refuge (ANWR), following a similar push by Senate Democrats.
A group of 33 Democratic lawmakers signed a letter spearheaded by Rep. Jared Huffman (D-Calif.) urging the CEOs of JPMorgan Chase, Wells Fargo, Citigroup, Bank of America and Morgan Stanley to stop funding such drilling in the refuge.
The letter was sent Thursday and follows an announcement from Goldman Sachs that it would prohibit financing for new drilling or oil exploration in the Arctic, including in the refuge.
"Roads, pipelines, gravel mines, airstrips, and other facilities that would be developed to support exploration and development on the coastal plain would fragment habitat, displace wildlife, and undermine the wilderness character of the Refuge. Millions of gallons of fresh water needed to support drilling activities could be drained from fragile Arctic rivers. And oil spills, which already occur on the North Slope, would harm fish and wildlife," the lawmakers wrote.
SNIP
(Excerpt) Read more at thehill.com ...
Since Democrats can't stop Trump they're going after banks.
Drillers, et al. Pull your accounts and move them to regional banks and local banks let’s see how the big banks react to that
How do the Dems think banks make their money....by putting in under a mattress?
Don’t need banks......................
Essentially its blackmail.
The unspoken part is “or you’ll have hell to pay the next time we get back into power”.
This would make a great political ad against each of these Dems.
Start the ad reminiscing about our past dependence of Arab oil. Then show our success under Trump for finally getting that independence. Then show the Dem wanting to go back under Arab control of our energy needs.
the left are weaponizing banks against customers-
Can you imagine the left if banks denied services to people that hold democratic ideals? They would be screaming about violating the constitution or something-
Time to open the “2nd Amendment Fracking Bank and Trust.”
If the big guys eschew funding large, profitable projects because the greenies object, the smaller banks and other lending institutions will step in and provide/make money
How stupid.
What you say when you see your majority status vanishing and have only a pile of useless partisan legislation that is going nowhere to show for it.
The banks better know Trump can come after them too.
The banks better know Trump can come after them too.
Collusion of business and government is fascism. The Democrats are now a fascist party.
Since we are already self-sufficient in oil, let’s save that source for later on. Ace in the hole, so to speak.
The normal game plan is to send the regulators after them (the Kenyan).
But the proud American Donald Trump is president.
Dangerously Intolerant Liberals Destroying Our Society = DILDOS
Communist bastards.
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