Bank of America wants to talk to gun makers about assault weapons cnn.com reveals. “I spent my whole life trying not to be careless,” Bank America CEO Brian T. Moynihan told BOA clients who manufacture modern sporting rifles. “Women and children can afford to be careless, but not men.” Wait. That was Don Corleone in The Godfather. But you knew that because . . .
a latter-day Don wouldn’t be so misogynistic. In fact (not fiction), we don’t know what Mr. Moynihan is going to say to AR makers. In a statement released earlier today, BOA announced their corporate desire to “examine what we can do to help end the tragedy of mass shootings.”
“[A]n immediate step we’re taking is to engage the limited number of clients we have that manufacture assault weapons for non-military use to understand what they can contribute to this shared responsibility,” the statement . . . reads? Warns? Promises? Nothing good.
I’d like Mr. Moynihan to tell AR makers “Thank you for helping protect Americans’ natural, civil and Constitutionally protected right to keep and bear arms. Rest assured that Bank of America fully supports any company selling any legal product legally.” But then I’d like to say Peter North and I have something in common. (We don’t. He’s Canadian.)
Bank of America’s statement follows a New York Times editorial calling for the financial industry to push back against “the massive gun lobby” by refusing to process firearm sales through its credit cards.
Meanwhile, Blackrock is making equally ominous noises towards American Outdoor Brands (a.k.a., Smith & Wesson) and Ruger, two companies in which the world’s largest asset manager (not unfamiliar with insider trading) maintains a significant shareholdings. And the number of companies distancing themselves from the NRA continues to grow.
Since Thursday, a wave of companies — including United and Delta airlines, Metlife and six car rental brands — have abandoned the National Rifle Association. They’ve pulled discount deals they used to offer to NRA members, and one local bank in Omaha pledged to stop issuing an NRA-branded Visa card.
None of those companies gave specific reasons for parting ways with the NRA, but their announcements came as the hashtag #BoycottNRA flooded social media.
The enemies of firearms freedom are a devious lot. By coming out against the NRA, these companies have outed themselves. For that The People of the Gun thank them. And nothing else.