Conservative Political Forum

General Category => Political Discussion and Debate => Topic started by: Solar on August 19, 2018, 01:48:32 PM

Title: Louisiana punishes Bank of America, Citigroup Over 2nd
Post by: Solar on August 19, 2018, 01:48:32 PM
Bank of America, Citigroup punished for post-Parkland gun control policies in Louisiana vote


A Louisiana commission voted Thursday to block two banking giants from taking part in a new highway project, moving to punish the companies for gun control policies they adopted after the Parkland, Florida, school shooting this year.

Citigroup and Bank of America had said they would work only with retailers who agreed to new restrictions on gun purchases — rules stricter than what federal law requires.

Louisiana's bond commission said it wouldn't tolerate that kind of bullying over a constitutional right and voted 7-6 to block the companies from gaining a piece of the financing for a $600 million highway plan.

The vote was a win for pro-gun advocates looking to make inroads in a debate that is increasingly spilling into the corporate arena, and comes as major service companies and social media giants move to adopt anti-firearms policies.

"If you have zero respect for the U.S. Constitution, then you don't need to do business with the state of Louisiana," said Sen. John N. Kennedy, a Republican who cheered his state's move from Washington.

https://www.washingtontimes.com/news/2018/aug/16/citigroup-bank-america-punished-gun-control-polici/
Title: Re: Louisiana punishes Bank of America, Citigroup Over 2nd
Post by: Belenus on August 19, 2018, 02:30:46 PM
Neither institution will sweat the $600Mill.

Too big to fail, remember?

https://www.forbes.com/sites/halahtouryalai/2013/11/11/the-worlds-29-too-big-to-fail-banks-jpmorgan-at-the-top/#4b8961f1186b :angry:
Title: Re: Louisiana punishes Bank of America, Citigroup Over 2nd
Post by: redbeard on August 19, 2018, 03:16:10 PM
unless this catches on with all the other red states
Title: Re: Louisiana punishes Bank of America, Citigroup Over 2nd
Post by: Solar on August 19, 2018, 05:45:41 PM
Quote from: redbeard on August 19, 2018, 03:16:10 PM
unless this catches on with all the other red states
Exactly! Especially if their constituents start pushing back.
Title: Re: Louisiana punishes Bank of America, Citigroup Over 2nd
Post by: Billy's bayonet on August 19, 2018, 06:23:59 PM
FINALLY..... Somebody with some COJONES!!!!!  :thumbsup: