Two Of The Biggest Banks In The U.S. Have Been Blocked From Participating In A $600 Million Dollar Louisiana Road Finance Plan Because They Restrict Their Customers Gun Sales Capabilities

Finally, someone with the balls to tell these Big Banking assholes No.

 

This is big and my hat is off to the two Louisiana politicians who led the way on this, the AG and the State Treasurer.

Louisiana bars banks from $600M deal because of gun policies

 

BATON ROUGE, La. (AP) – Louisiana officials have blocked two of the nation’s largest banks from involvement in a $600 million road financing plan because they have policies restricting gun sales by their commercial customers.
In a narrow 7-6 vote, the State Bond Commission refused to allow Citigroup and Bank of America to participate in the interstate highway financing work.
The effort to ban the banking giants from the road deal was led by Attorney General Jeff Landry and Treasurer John Schroder and opposed by Gov. John Bel Edwards’ administration.
Those pushing to exclude Bank of America and Citigroup from the financial work said by enacting firearm restriction policies for their corporate customers, the banks were violating Second Amendment rights.
Opponents said the move exceeded the commission’s authority and would force Louisiana into costly litigation.
I’m thinking the opponents of this are not only assholes but they are incorrect assholes to boot.
The Bond Commission can do business with whoever the fuck they want to and if they think that any of the proposed financing applicants have unsound business practices or are discriminatory in any way they are actually obligated to use someone else to shield the state from any connection to the possible ramifications of those practices.
The fact that is Citigroup and BofA is just the cherry on top for me.
I just hope that there are other states who have people with the balls to do this again and that they are paying attention to this.
I have said it many times in the past and seen the proof of it many times personally,
the kind of virtue signalling that CITI and BofA were doing with the restrictions on their gun dealing customers was directed squarely at the former Presidential administration to curry favor.
THE FUCKING SECOND THAT VIRTUE SIGNALLING STARTS COSTING THEM MONEY IS THE SECOND THEY WILL RETHINK THEIR STRATEGY.
Because it’s all about the money, those fuckers have the scruples of a scorpion and everyone knows it.

4 thoughts on “Two Of The Biggest Banks In The U.S. Have Been Blocked From Participating In A $600 Million Dollar Louisiana Road Finance Plan Because They Restrict Their Customers Gun Sales Capabilities

    • Unfortunately the politics equates to concentrated power and some people can’t resist it’s charms.
      These are the same type of people who will strip your rights away in broad daylight and try to tell you that you are a bad person for questioning them. “Think of the children” sound familiar?
      Bankers and politicians have a symbiotic relationship.
      Bankers help get politicians elected and once in the politicians write new laws to help the bankers. Throw in the skeezy fucking lawyers who actually put the wording in and you have a perfect trifecta of assholes telling you what you can and cannot do who have the full power of the government behind them.

      Like

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