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Posts Tagged ‘JPMorgan Chase announced this month that it would stop doing business with private prisons – following pressure from Democrats and Progressive Activists

Banks acting as a Shadow Government

March 21, 2019

It’s a similar story with guns. Unable to rid America of its pesky second amendment, the left have instead heaped pressure on big banks to make it impossible for firearms businesses to operate. Last year saw a surge of crackdowns by financial services against the gun industry: Citibank said it would not do business with companies that sell “high capacity magazines,” while Bank of America said it would cut ties with gun stores that sell “AR-style” weapons. The online payment processor Stripe, already known for financially blacklisting right-wingers, doesn’t process payments for any kind of gun business. Only Wells Fargo has refused to join the trend, correctly stating that it is not a bank’s job to set U.S. firearms policy.