Some Good News

[SharpDog]

Wells Fargo defends lending to gun industry amid pressure to back off:

Wells Fargo & Company defended business practices after a national teachers’ union threatened cut ties with the bank if it continued investing in the National Rifle Association and gun makers.

The American Federation of Teachers on Friday published an exchange with Wells Fargo that began with AFT president Randi Weingarten saying if the bank continued in the “arms business” then the organization would “dump” its Well Fargo mortgage program. The program has directed more than 20,000 members to the bank’s services.

http://www.guns.com/2018/04/10/well...ng-to-gun-industry-amid-pressure-to-back-off/

 

[LoneGoose]

My hat's off to Wells Fargo. Their reply is tactful and open minded. But, they don't seem to want to be pushed around. Thanks, SD, for sharing this with us.

 

[Sistema1927]

What a weird picture to use: "In 1980, Wells Fargo had ATM machines in 50 locations. (Photo: Wells Fargo via Facebook)"

Wow! 1980! 50 locations!

 

[Guy B. Meredith]

Bank of Amereica does not seem to be faring as well. I will be letting them know that if they are not able to do an objective evaluation of the firearms industry and owners I cannot trust them to handle my finances.

 

[Guy B. Meredith]

By the way, anyone have suggestions on firearms friendly credit cards with 10% interest?

 

[22250Rem]

Thank you for posting that bit of information...... My hat's also off to them and their excellent response.

 

[Carl N. Brown]

If Wells Fargo joined the Great Gun Industry Choke-Off, what would they issue their guys riding shotgun? Coconut creme pies?

 

[jonnyc]

Damn teachers! Makes me embarrassed to be one.......and an NEA member!

 

[SamT1]

Bank of Amereica does not seem to be faring as well. I will be letting them know that if they are not able to do an objective evaluation of the firearms industry and owners I cannot trust them to handle my finances.

Bank of America sucks. They have not been firearm friendly in the last 10 years.

Credit cards make you a slave. Just pass on that.

 

[Walkalong]

Off topic, but yes, credit cards are almost the worst way to borrow money there is. (Only loan sharks are worse). They are also the easiest way to borrow money.

But back on topic, make them hear your displeasure and maybe they will rethink their position. Problem is, if it doesn't hurt enough financially for them, they won't change.

 

[P5 Guy]

Payday loans? Legal loan sharks Walkalong.

 

[Walkalong]

Forgot about them.....yea, should be against the law what they do.

 

[Carl N. Brown]

The Force Act part of the post-Civil War civil rights legislation (US Code under Title 18 section 241) is "a general conspiracy statute making it a federal crime ... for two or more persons to conspire to injure or intimidate any citizen with the intent of hindering his free exercise of any right or privilege guaranteed him by the Constitution or laws of the United States."
The Force Act was emasculated by the decision in United States v Cruikshank (92 U.S. 542 (1876)) which ruled that the Bill of Rights applied only to infringement by the Federal Government, and not to States or private parties. The idea that BoR civil rights could only be defended against infringement by Congress, and states like Lousiana and private parties like the KKK could do as they wilt, was the basis of a lot of late 19th and early 20th century gun laws. Later SCOTUS in interpreting the 1964 Civil Rights Act, overturned Cruikshank in U.S. v Price and U.S. v Guest 1966 upholding convictions under the Force Act by private parties conspiring to infringe the rights of citizens.
It seems to me that banks and the NEA punishing gun owners, the gun industry or the NRA for the crimes committed by others with guns are conspiring to injure or intimidate citizens by hindering their financial rights. I suggest that banks and private parties taking action against citizens over gun politics could be seen as a conspiracy under the Force Act.