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 Citigroup and Bank of America's War on Guns
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BEYU
Advanced Member


USA
311 Posts

Posted - 04/12/2018 :  11:10:51 AM  Show Profile Send BEYU a Private Message  Reply with Quote
You may have heard:

Citi Group and Bank of America have announced they will not do business with companies that manufacture or sell "military style" firearms. Presumably that also means if you have a credit card with either of these banks, any firearms purchase that is "prohibited" by them will not be allowed.

I have two credit cards that are with these banks. I called them today and politely told them I would not be using their cards anymore and then I put them away in a sealed envelope.

I suggest those of you who feel as I do should do the same. Call the number on the back of your card and kindly and politely tell the representative why you will no longer do business with their company.

Tell them this is a CIVIL RIGHTS issue, similar to a minority being refused service in a restaurant: a VIOLATION of our CIVIL and CONSTITUTIONAL RIGHTS. If you are a VETERAN, tell them you served our country to safe guard the very rights they are now threatening.

Be nice, be firm, and then follow through. If you have money in their banks, move it, please.

The biggest banks in the US are:

Bank of America $2.2 trillion in assets

JP Morgan Chase $2.5 trillion

Wells Fargo $1.9 trillion

Citigroup Inc. $1.8 trillion

Goldman Sachs $917 billion

Morgan Stanley $851 billion

U.S. Bancorp $462 billion

If we act quickly, it may discourage the other banks from following Citgroup and Bank of America.

BEYU

"Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."

- Benj. Franklin

Edited by - BEYU on 04/12/2018 11:12:42 AM

HB of CJ
Junior Member



USA
77 Posts

Posted - 04/13/2018 :  3:22:03 PM  Show Profile Send HB of CJ a Private Message  Reply with Quote
How does one find out about a VISA card? What bank does it come from? Could a bad bank allow a firearms purchase using such card then later call the loan?
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BEYU
Advanced Member



USA
311 Posts

Posted - 04/13/2018 :  5:28:11 PM  Show Profile Send BEYU a Private Message  Reply with Quote
Usually the bank is somewhere on the card. My two Visa cards are with Chase, and I have two MasterCards with Synchrony Bank.

I don't think they would call in the loan on you — they don't need the bad publicity.

But from what I heard, these banks (Citigroup and Bank of America) will not loan money to firearms manufacturers or retailers they disapprove of.

High moral toned, aren't they?

BEYU

"Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."

- Benj. Franklin
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COSteve
Advanced Member



USA
102 Posts

Posted - 04/20/2018 :  09:58:24 AM  Show Profile Send COSteve a Private Message  Reply with Quote
More business for the other banks. Their loss, not the manufacturers or gun sellers.

Besides, banks aren't the paragons of virtue that they claim to be. Look at the insane fees they charge for keep one's money. Look at how 'honest' Wells Fargo, for example is. (The news just announced that Wells Fargo has been fined $1 Billion for more illegal activity in their Mortgage and Car Loan business.)

Besides, it's interesting that both those banks have decided to stop doing business with firearms manufacturers or sellers BUT both continue to do lots of business with known mafia, known drug dealers, and known scam artists. Funny how that works.

Steve

“Remember, no matter where you go, there you are.” - Confucius
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BEYU
Advanced Member



USA
311 Posts

Posted - 04/28/2018 :  10:50:39 AM  Show Profile Send BEYU a Private Message  Reply with Quote
I am enclosing this link to an article by the NRA urging an effort to respond to this "activism" by Citigroup and Bank of America.

As the NRA points out, we taxpayers bailed out these banks with our tax dollars not so many years ago.

You must be logged in to see this link.

BEYU

"Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety."

- Benj. Franklin
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