New Dem House hard at work pressuring banks

The #1 community for Gun Owners of the Northeast

Member Benefits:

  • No ad networks!
  • Discuss all aspects of firearm ownership
  • Discuss anti-gun legislation
  • Buy, sell, and trade in the classified section
  • Chat with Local gun shops, ranges, trainers & other businesses
  • Discover free outdoor shooting areas
  • View up to date on firearm-related events
  • Share photos & video with other members
  • ...and so much more!

    • Register Log in
    zoostation

    zoostation

    , ,
    Moderator
    Jan 28, 2007
    22,857
    Abingdon
    Not to loan to firearms companies. Because you know, it's not like we have any real problems in this country they might want to solve. Worthless.

    And of course some of the banks have already caved. But it's just because it's all about "social responsibility." Because we all know big banks are all about doing the right thing.

    https://www.foxbusiness.com/financials/chase-ceo-jamie-dimon-defends-banks-firearm-policy
     
    rbird7282

    rbird7282

    Ultimate Member
    MDS Supporter
    Dec 6, 2012
    18,688
    Columbia
    I’d love it if someone opened a bank that only dealt with firearm companies


    Sent from my iPhone using Tapatalk
     
    danb

    danb

    dont be a dumbass
    Feb 24, 2013
    22,704
    google is your friend, I am not.
    Big regulations encourage big banks. The govt likes big banks- 10 large ones are easier to deal with than 3500 small ones.

    Deal with...For surveillance ( money laundering, drugs... all the vices really, and also terrorism)...

    Banks have become de facto arms of law enforcement. Banks have whole departments that work side by side with law enforcement. Fraud, money laundering, etc.

    Whatever the policy du jour or flavor of the month is, banks are be expected to enforce it. If we dont like your "risk managememt" you cant pay dividends, have to hold more capital, etc etc. Today its firearms restrictions. 15 years ago, "affordable" housing. 10 years from now maybe tracking off-books medical care to stem the black market thanks to Medicare for all, or due to the Green New Deal. Banks have been used to "promote" energy "independence" aka give Texas cronies some cash.

    The likes of Warren and Sanders want more regulation on banks simply to exert more policy control. Banks are evil they lend money blah blah blah. But Republicans are as guilty in their own way.
     
    You must log in or register to reply here.

    Users who are viewing this thread

    Total: 2 (members: 0, guests: 2)
    Guns International Ad

    Latest posts

    Forum statistics

    Threads
    275,401
    Messages
    7,280,156
    Members
    33,449
    Latest member
    Tactical Shepherd

    Latest threads

    Top Bottom