Posted on 02/01/2013 10:00:14 AM PST by SeekAndFind
Rahm Emanuel Writes to Mutual Funds Urging them to Blacklist Gun Companies
Posted By Bryan Preston On January 30, 2013 @ 11:29 am In Politics | 33 Comments
The tyrant of Chicago is at it again. Mayor Rahm Emanuel is now pushing mutual funds to divest and blacklist gun manufacturers for the crime of opposing the Obama regime’s gun-control efforts.
Emanuel’s statement on his assault on the First and Second Amendments:
“Just like the banks and pension funds, I believe that these Mutual Funds can exert an enormous amount of influence by taking a stand against gun manufacturers that continue to refuse to support commonsense reforms like required background checks and an assault weapons ban. The time is now for everyone to do anything they can to stop these military-style guns and magazines from ending up on the street and putting families, children and police officers at risk,” said Mayor Emanuel. “This has to be about doing what is morally right and not what is financially beneficial to their bottom lines.”
Mayor Emanuel is sending a letter today to the chief executives of Allianz, BlackRock, Dimensional Fund Advisors, Vanguard, James Investment Research and Capital World Investments. All of the funds own stock of gun manufacturers who are actively lobbying against safety reforms. The mayor is asking the mutual funds to divest from these companies until they support these reforms.
Nice company ya got there…
Last week, Emanuel sent a similar letter to banks, pushing them to strangle gun manufacturers’ credit lines until they bow to Obama.
These are deadly serious actions. Emanuel’s thrusts are clearly part of the Obama regime’s coordinated attack on the Second Amendment. Emanuel was Obama’s chief of staff prior to being elected mayor of Chicago. Obama proposes his 23 bullet points, Senate Democrats hold hearings to ramp up the emotional pressure, Feinstein pushes an “assault weapons” ban, and Rahm forms the pincer on the other end of the attack, going after law-abiding companies and their right to exist and disagree with the president’s proposals.
If all of this succeeds, we’ve gone over the tipping point. The Second Amendment was written precisely to keep citizens safe from the likes of these zealots.
More: Chicago already has some of the most restrictive gun control laws in the country, but its murder rate over the past decades has eclipsed the US military’s death toll in Afghanistan. Most of those murders involve gang violence. But Emanuel is choosing to go after law-abiding companies and citizens rather than take on the gangs.
Hey, Rahm it up US.
As a serial CEO and lifetime finance fink myself....my first take on Emanuel’s bleating is
1. it is tortuous interference with the firearms makers contractual and business relationships
2. it is a criminal or certainly a civil violation of RICO act.
So yes....were I the target of the RhamaDon antics...I would have my legal beagles all over it.
RICO for you honest hard working guys never having been threatened with it by competitor lawyers...is FedSpeak for racketeer influenced corrupt organizations act. Originally targeted at mob figures by Justice Dept. DA’s, it has been metastasized through the years by unctuous lawyers to become a civil hammer as well that hits any nail that you want to hit and cause trouble for...in this case it would used to...used to....ah...used to...OMG it would actually be used against mob figures and corrupt organizations...Emanuel/& ilk and the city of Chicago.
What epic justice that would be.
Just who the hell does this gay twit think he is??
He best get to work on solving all those black on black murders in his fine city, a city with one of the strictist gun control laws in the country.
Rahm go take a steam bath.
It isn’t working.....stocks of gun makers back up and climbing...which of course since it is now a wholly discredited and ineffective policy, expect to see MUCH more of the same from RahmaDon and his LibTards.
Headlines found there....
Ruger’s Great American Comeback at Forbes Fri 10:39AM EST Jan 31
Big Gun Control Plan for President Obama, Big Profits for Gun Sellers at Motley Fool Mon Jan 28
The Big Cities’ Financial War on Guns May Backfire at BusinessWeek Mon Jan 28
Same Same on S&W. Buy gold, guns, ammo and stocks for the same and laugh all the way to the banks lads.....or the vault in your basement......
BWAAHAAAAHAAAHAAAA! What fiscally ignorant amateurs they are.
Gun manufacturers stock is going up. Can’t say the same for Emmanuel’s stock.
Rahmbo many times claimed he lost his middle finger while crewing a tank in a battle in Israel’s Negev —the truth is he chopped it off while working a summer fast-food job.
At ARBY’S.
I’m serious.
What a little nazi.
I wonder if Rahm, or members of his family, have significant investments in gun companies? Sounds like a neat way to make some money: (1)sell short or buy “put” options, (2)make threats that drive down the stock price, (3)cover your position and cash out.
SHHHHHH!
U R Spot on PapeBear3625....but don’t give the bastards any ideas they don’t already have.
It would have worked right after the Sandy Hook killings as the “panicked herd” dumped stocks like hot rocks, but his recent snarls and hisses have had no effect whatsoever.
In fact the stocks are rising...so if they played the same hand again in the bank and mutual funds letters......
THEY LOST THEIR A$$ES.
Yes. Oh please yes I hope it is so....
What you won’t hear from gun grabbers.
The government should do what is “morally right” and forgo profiting from the industry by collecting taxes on it, whether corporate profits, property taxes or sales tax.
Government greed knows no moral bounds.
I hope somebody provides a list of the companies who pay any attention to this jerk. Then I will know who to avoid.
Tiny Dancer is tooting his horn to impress his 40 IQ constituency. When the mobs come for him, no Chicago cop will defend him.
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