Posted on 02/03/2020 6:21:03 PM PST by karpov
A group of 15 Democratic senators wrote to 11 major banks last week asking them to ban funding oil and gas drilling or exploration in the Arctic National Wildlife Refuge.
"The scale of your banks’ assets individually, let alone together, give you the ability to drive change in protecting the Arctic National Wildlife Refuge and in shifting towards a U.S. financial sector that effectively analyzes and plans for climate risks," the senators wrote.
"We respectfully urge you to reassess your current environmental and climate policies and update them to include a prohibition on funding for oil and gas drilling or exploration in the Arctic National Wildlife Refuge," they continued.
Their letter follows a December announcement by Goldman Sachs that it would prohibit financing for new drilling or exploration in the Arctic, including in the refuge.
"As one of the largest banks operating in the United States, we write to ask that you join your peers in the U.S. and abroad and commit to stop financing of oil and gas drilling and exploration in the Arctic National Wildlife Refuge," the letter stated.
"Protection of the Arctic National Wildlife Refuge is not only intrinsically important, it is also critical in the broader context of wilderness protection, Indigenous rights, working to combat climate change, and preparing the U.S. economy to weather the growing impacts of the climate crisis," it added.
Their letters were addressed to executives at JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., Morgan Stanley, U.S. Bancorp, PNC Financial Services Group Inc., TD Bank, Capital One Financial Corp., Citizens Financial Group Inc., and HSBC North America Holdings Inc.
The letters were signed by [Democratic senators Heinrich, Schatz, Merkley, Booker, Hirono, Udall, Gillibrand, Harris, Van Hollen, and Leahy].
(Excerpt) Read more at thehill.com ...
Banks to demonRats: hang yourselves.
How could you still be there?
How is this legal if not unethical?
can’t the feds punish banks who would do this?
The Hill is really pimping their commie friends tonight If the Democrats burp, they write a story about it.
Paid back with interest mind you.
DemonRats are anti-humanity. Across the board their policies are destructive to civilization.
If you still do business with BOA you need to re-evaluate.
They are awful with issues concerning liberty.
Sounds like all the Banks involved in the Deep State Central Banking and money manipulation scheme that needs to fall.
Clearly the Democrats are calling on their co-conspirators to block this and punish us with their Climate Change non sense
Bet they are deeply enmeshed in the Carbon Credits scam as well
Interesting
“That’s not the way things work in the USA.”
Let me fix that ;
That’s not the way things are SUPPOSED to work in the USA.
However it is apparently how they are working now.
The Hill’s Frazin claims 15 Dem Senators but only names 10. Who are the other 5 ?
I shortened the article to stay within the 300-word limit.
Quoting it:
“The letters were signed by Sens. Martin Heinrich (D-N.M.), Brian Schatz (D-Hawaii), Jeff Merkley (D-Ore.), Cory Booker (D-N.J.), Mazie Hirono (D-Hawaii), Tom Udall (D-N.M.), Amy Klobuchar (D-Minn.), Michael Bennet (D-Colo.), Ed Markey (D-Mass.), Dianne Feinstein (D-Calif.), Richard Blumenthal (D-Conn.), Kirsten Gillibrand (D-N.Y.), Kamala Harris (D-Calif.), Chris Van Hollen (D-Md.) and Patrick Leahy (D-Vt.).
Sen. Bernie Sanders (I-Vt.), who caucuses with Senate Democrats and is a leading contender for the party’s presidential nomination, also signed the letter.”
Smart move. Most CEOs of large banks are probably personally sympathetic to this, so are their wives. This is an effective end run around legislation.
These democRATS are strong arming and extorting these banks to get their ideological way.
This is no different than using mob mentality to control the country.
democRATS are sick and disgusting.
Democrats “ask” the way a mugger “asks” for your wallet.
//////////////////
Dems ask the way the mafia asks the store owner” if he needs fire insurance or if he needs a fire.”
#31. Re only 10 names of Dem Senators on the letter to the banks re prohibiting Arctic drilling funding. “Who are the other 5”?
Let me guess - their names are “Whistleblower 1, 2, 3, 4, & 5”. Schiff doesn’t want them exposed for fear of retaliation (by their voters).
Or They Never Existed in the First Place.
A good group of communists/Marxists, closet gay, Senile Leaky Leahy (who should be in jail for leaking classified information to the media); Harris - whore; Schatz & Hironi - batshit crazy - inhaling too much volcanic gases; Gillibrand - a perfect example of the “dumb blond”. Etc.
Extortion
http://michellemalkin.com/2012/07/18/your-guide-to-sleazy-democratic-party-backed-banks/
An old article but the players are just different now
If banks can do that because they disagree, then bakers and others can also deny services for similar reasons...Dems don’t think it through...
Interesting- a short while after this two of these Democrats [Merkley and Van Hollen] met secretly with an official [John Kerry’s pal Javad Zarif] of the oil producing nation of Iran.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.