Skip to comments.Rahm Emmanuel to major banks: Stop serving gun manufacturers
Posted on 01/26/2013 7:34:01 PM PST by 2ndDivisionVet
In a letter sent Friday to the CEOs of TD Bank and Bank of America, Chicago Mayor Rahm Emmanuel urged the banks to stop serving gun manufacturers unless they support gun control measures, CBS Chicago reported.
According to CBS, Emmanuel wants the banks to "stop lines of credit, financing for acquisitions and expansions and financial advising" unless the manufacturers agree with him on issues like background checks and what he called commonsense reforms."
In the past, the gun industry has stood in opposition to these safety measures. They opposed a ban on assault weapons on Americas streets, opposed a ban on military-style clips, opposed a criminal background check on all gun purchases and opposed any effort to crack down on criminal gun traffickers, he wrote.
In his letter to TD Bank CEO Bharat Masrani, he demanded the bank uses its influence to push this company to find common ground on gun bans and background checks, noting the $60 million line of credit the bank gives to Smith and Wesson.
"Why shouldnt they have a line of credit?" Jason Howerton asked at The Blaze. "The company has done nothing illegal and AR-15s are perfectly legal weapons."
Emmanuel noted that Aurora movie shooter James Holmes used an AR-15, but as Howerton wrote, the mayor failed to mention that the rifle reportedly jammed during the shooting spree. Emmanuel also failed to mention the incident in which a 15-year-old boy protected himself and his sister from two burglars using an AR-15.
He also demanded that Bank Of America CEO Brian T. Moynihan take the same actions against Sturm, Ruger & Co., a manufacturer with a $25 million line of credit.
Collectively we can send a clear and unambiguous message to the entire gun industry...
(Excerpt) Read more at examiner.com ...
Says the Mayor of a City with likely the HIGHEST murder rate in the US....and the HIGHEST number of guns in the hands of CRIMINALS! The People of Chicago are the ones who are the problem...electing evil.
Freedom loving people should boycott IllAnnoy. There is nothing like failure to give a lesson.
FURE and FUBO!!!
I already know some banks and financial related companies are going along with this, whether pushed by Rahm or not. When CWII occurs, it will be booty time.
Who is in charge? Congress or banks or they all just in control together?
Remember Rahm and ChikFilA. Chicago values I think he said.
Rahm needs to have his @zz kicked with a broghan so hard his nose will bleed.
Another CO Redneck. HooRah! :-)
Would that not violate the equal protection clause? What if the banks decided to not do business with convicts, would Rev Jessie and AL be screaming? What if banks said they would no longer do business with poor folks or people in Chicago, or homosexuals? Of course being liberal means never having to be consistent nor ever being sorry.
Everything about ‘progressivism’ is about ‘culling the herd’....so that a ‘master race’ is left. IOW, the ‘elites’. Can’t be having the masses making a good living or having aspirations. That’s ‘competition’.
We have had five shot and killed today in Chicago and the day isn’t over yet. Maybe the mayor can tell the government to stop financing the killers with our tax dollars.
I think anyone who believes in freedom, whether they own a gun or not needs to pull their money from these banks and invest it with like minded institutions and as far as these credit card services that are screwing with legitimate business, there must be an alternative for the businesses to use or by God there is an opportunity for someone to step in and pick up a boatload of clients. I have yet to hear of a bank refusing to work with abortionists or prostitutes, whats next will they refuse to bank with knife manufacturers? Or Ammo manufacturers? Wait maybe they will start asking existing and prospective clients if they are Conservative, because we Conservatives are more likely to defend ourselves so we might injure or kill someone in the process!
So they devise a plan. EVERYthing a prog legislates has a ‘knock-on effect’.
Ruger and S&W ought to sue the City of Chicago for tortuous interferance.
Time to boycott all products made in or by Chicago companies!!! I went to my local store and told them if they sell Wrigley’s gum I will not buy anything from his store, explained the reason why and the store owner agreed to remove the gum from his shelf.
Rockin’ QS Ranch to major banks: Stop serving Chicago.
Those of us who understand ‘Leaderless opposition’ need to get busy building target lists.
What are we afraid of? Discomfort, hardship, and legal penalties; from making less income to pay less income taxes, making no income to pay no income taxes, and refusal to pay income taxes, respectively. But short of armed rebellion which will never happen, depriving the govt of revenue is the only way to repair it. It’s the only thing the beast understands. Not the jury box, ballot box, soap box....just the cash box. Close it and demand what you will.
The mayor of Chicago, literally the murder capital of the USA, is using the government’s illegitimate influence on the banking industry to create financial pressure on perfectly legal manufacturing businesses for political purposes.
It’s the new Washington DC way, brought to you by Chicago.
They aren’t exactly operating undercover anymore, are they?
how bout we call on banks to stop servicing abortion providers and illegal aliens?
seriously if it’s good for libtards, its good for us. now is the time to go toe to toe and blow for blow. they play hardball and we just continue to play t-ball.
Looks like you've got way more pressing problems right out side your bullet-proof window:
Chicago murder rate sets new record
Anywhere else in the country, this kind of demand would be called EXTORTION! But in Chicago, it is called standard operating procedure. This kind of behavior is exactly what Obama is doing to the entire country on a national level. Will these banks stand up to this criminal thug weasel and tell him to attend to his own business as mayor, and mind his own beeswax? What kind of leverage does he have to enforce this threat? Is everybody in this country falling into the marxist/communist line? Won’t somebody stand up and not just say no, but HELL NO?!
that is just wrong, I cannot believe a person of such low caliber is mayor of Chicago
Impressive! He must be a pro-gun guy himself, to ban a product from his store on the request of a single customer.
Good idea. Any freeper out there who can provide a list of things made in Illinois please post.
Chicago is a Chit hole.
some would say . . .
Rahm Emauel left the Administration and was placed in Chicago to become Mayor, AND to oversee the national HQ of the Obama campaign, to ensure the Chicago political machine would stay well-oiled, and minimize challenges that would threaten Obama’s carrying Illinois again.SO, to see Emanuel functioning now as a Representative, a Proxy and a remote Surrogate to the Administration’s gun policy is no surprise.
What is surprising is that he was tasked with this level of overreaching, but I guess they think he can get away with it because he’s (technically)not part of the Administration, and thinks he can afford this kind of aggressive strong-arming as the Mayor of a “major” Metropolis.
Yes....I told “friends” (who voted for the “O” the first time) right after the election that I hoped they liked having the mafia in the Whitehouse.....
“Emmanuel noted that Aurora movie shooter James Holmes used an AR-15,..”
James Holmes is a registered Democrat and worked on an election campaign for Obama.
ok... let them have what they want. an existence without firearms.
therefore ALL gun manufacturers, gun supply companies, gun-related accessories companies, gun-related training companies... should IMMEDIATELY stop doing business with the mayor, his office, and their families.
additionally, any other political type anywhere in the country that is taking steps to undermine the 2nd amendment should also be treated similarly.
on top of that, any security related organizations, including police, that utilize any firearms, related accessories, equipment, or training... should also stop working with these politicians. if they do not... then they should be treated similar to the politicians by those in the industry.
just stop doing business with them
let them have their wish
There are plenty of banks out there, I’m sure some of them will want the business. If all else fails, the gun industry has cash, they can just start their own credit union.
They will make moves around us to force thier hand
Conservative rebel rousers step forward
Can’t you just see if the entire gun industry and business in this country went fully cash in solidarity against this economic fascism?
We can see from The Godfather an emerging, “Obama Democrat” form of economic fascism.
With the banking industry consolidated to a few major, heavily regulated, Fed-dependent institutions, they become the perfect lever to force politically correct positions and actions from enterprise of any scale.
“Economic fascism” BTW is a perfectly accurate and descriptive term for the MO of this crew.
The city gub mint of chicago is and quite obviously has been a criminal enterprise for decades.
How about banks stop dealing with this criminal organization???
If ever Smith and Wesson, Ruger, Colt or Remington want to start a bank, I will deposit my money there gladly.
Isn’t it amazing that some Chicago “thug” hasn’t had a stray round go through someone important. No hit and runs. No drug overdoses in a hotel room.
Any betting pool on when the first accidents or suicides of key individuals on their side start showing up?
The People need to set up a huge compound to start penning these anti-People politicians up in. Their betrayal is every bit as heinous as a mother drowning her child.
My first thought was "Führer"...
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