Citibank decides to infringe on business owners
Citigroup has the right to choose with whom they do business, but they have no business trying to tell their customers how to run those businesses. This one has lawsuit written all over it.
I simply refuse to do business with Citi. At all.
I simply refuse to do business with Citi. At all.
AT&T
Amazon
Radio Shack
Choice Citi
Verizon
Bombay
Lowes
Sears
Exxon
Shell
Office Depot
Home Depot
http://freebeacon.com/issues/citibank...
And this,
http://thehill.com/policy/finance/379...
“Citibank announced on Thursday that it would no longer do business with anyone who sells guns to any person under 21-years-old as well as anyone who sells so-called high capacity magazines.
The bank, which nearly failed in 2008 but was saved by a massive taxpayer-funded bailout and now boasts a market capitalization of over $180 billion, said it wants to prevent guns from getting into the hands of the wrong people. It said it would be implementing a new policy directed at all the businesses with which it deals.
"So [sic] our new policy centers around current firearms sales best practices that will guide those we do business with as a firm," a post on the company's website said.
The new policy would require that any company using Citibank financial services "restrict the sale of firearms for individuals under 21 years of age" and stop selling "bump stocks or high-capacity magazines." The company did not specify what they believe constitutes a "high-capacity" magazine and did not immediately respond to multiple requests for clarification. Citibank did not answer whether it feared the blanket age requirement might lead to discrimination lawsuits like those Walmart and Dick's Sporting Goods are facing after implementing similar corporate policies...
“
Evil incarnate scum.
Take your retail businesses to local banks, and transfer most funds to the Bank of North Dakota.
Me dino only had a shotgun (bought when invited to a dove hunt) and a pistol (for self-defense) before this country suffered an Obamanation.
Me dino had 5 until I heard Candidate Shillary say, "I dream of open borders." That scary prospect prompted the purchase of a 9mm carbine and two 30-round clips. Me dino calls that carbine The Evil Hag.
BTW, I now also have two bandoliers bristling with 12-guage double-aught buck shotgun shells. That pump-gun that I originally bought with bird-shot shells is actually the most dangerous weapon I have. It even beats my .357 Magnum due to the close groups of scattershot fired at close range.
Me dino long ago read an opinion that bird-shot is more lethal at close range but me dunno.
My shotgun is the Remington 870 I trained with for prison tower duty.
Instructors would say "It can reach out and touch someone"~that a line taken from some old commercial.
Me dino was there because I was having trouble finding a 9mm I could slip into my right front pocket, but there I found a Sig that did.
I specifically wanted a 9mm after another gun dealer agreed with my theory that, if Big Brother made ammunition disappear, the last to go even on a black market would be 9mm rounds.
(I do have a smaller Beretta Tomcat 32-cal for a backup gun and that 357/38 revolver~my carbine, car gun and pocket pistol are all 9mm).
As to popularity among ammunition types, I'd probably agree that 9mm is the most common simply because that is what the majority of law enforcement uses. Others of note are .38 Special, .40 and .45 out of the dozens out there.
For rifle calibers it would have to be the .223/5.62 and then the .308/7.62 ... after the venerable old .22 LR ;)
Slugs weren't included with tower ammo. It was just that NRA thing.
Now I'm recalling the prone position I began to fire from to NRA qualify with the AR-15 rifle that accompanied the shotgun on towers. Too bad I did my best shooting from the prone position. There's no way to shoot from a prone position on a tower catwalk, though I may find a way with someone shooting back.
Remember one of the cardinal rules of firearm safety: know what is beyond your target!
The article was basically about how Citibank is going to start trying to tell its business partners - basically anyone who has a Citibank business account - that they can't sell firearms to anyone under 21, can't sell bump stocks or so-called "high-capacity" magazines, and that they can only sell to someone who has passed a background check.
Here's an alternative link: https://www.usatoday.com/story/money/...
I can only wonder if within hours of posting the article, Citi started taking heat and is now trying to downplay things so they asked their media sponsors to cooperate.
Maybe we should have a brainstorming session on how to start "the Uber of banking" without running afoul of money laundering laws. There ought to be a way to do it.
Several years ago peer-to-peer lending companies such as Prosper were trying to be the Uber of banking. I was under the impression (maybe wrongly) that it turned out banks, and their ability to manage credit risk (people not paying) and rate risk (using short-term funds for longer-term loans) actually do a good job providing value to their customers.
I would not be at all surprised if it turned out to be false and that banks had manipulated regulations in the wake of the financial crisis to tie the hands of P2P lending. There might be an interesting story in it for an investigative book: What happened to P2P lending?
I heard so much interest it 10 years ago, and I have not heard much about it since.
Of course what you're getting back to at its heart is a move away from a central currency controlled by the Federal Reserve. In the first 100 years of this nation, there were all kinds of banks opening up (and going bankrupt) because all currency was gold-backed.
What really needs to go is regulation of the banking and money handling industries: the "money laundering" laws. And the best way to get there is to repeal or at least modify the 16th Amendment, so that government will no longer need to know what assets you have overseas in order to collect taxes.
Maybe its time for the gun owners to start picketing all Citibank locations.