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Wells Fargo Given Ultimatum: No Business With NRA, Gun Companies Or…

Posted by $ nickursis 6 years ago to Culture
46 comments | Share | Flag

Nothing like blackmail and financial war to get what you want. I guess now the gun owners need to get together and start harassing the companies that buy into this stuff. The false narrative of "gunsd are the problem" continues to be sold to the weak minded so they don't have to strain their brains and logically deduce the finger that pulls the trigger is the problem.The use of force has become the standard way that liberals get their way, now it is financial force....
SOURCE URL: http://blog.cheaperthandirt.com/wells-fargo-ultimatum-business-nra-gun-companies-or/?sc_src=email_3261415&sc_lid=168331325&sc_uid=2LBvXfKtFM&sc_llid=32163&sc_eh=13d81a1a65bb217f1


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  • Posted by mia767ca 6 years ago
    ...and thus the problem with "democracy"...the tyranny of the majority of idiots...indoctrinated in govt (public) schools to be good citizens...
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    • Posted by $ 6 years ago
      Exactly, the quality of Democracy is directly proportional to the number of idiots involved, and the degree of corruption. Given that, I would say we are at about 12 on a scale of 1 to 100.
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  • Posted by Herb7734 6 years ago
    I once had an account with Wells Fargo. Worst bank next to BofA that I ever did business with. Do us all a favor and close them down.
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    • Posted by $ Thoritsu 6 years ago
      You are right! WF is a den or thieves, thinly veiled in corporate legality.
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      • Posted by Herb7734 6 years ago
        AHA1 A FELLOW SUFFERER.
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        • Posted by $ Thoritsu 6 years ago
          I wasn't, but a very good friend in MT was. He invented the Hex interchangable bits, and produced them. WF wanted him to sell, but he wanted to grow and make in MT indigenously.
          He screwed up (his CFO actually), and WF caught him out of covenant. They pounced , called his loan, and he went from $100M to $0 instantly.
          Fortunately he gave a lot of stock to his family and made them cash it in. They relent him money, and he restarted a new business, also successful. Just like they say.
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        • Posted by freedomforall 6 years ago
          I suffered at BofA for a week in the 80's when they held a large check (from Merrill Lynch of all companies;^) after promising to clear it immediately when I opened the account.
          When they finally cleared it, I asked for a full cash withdrawal and walked across the street to a competitor to open an account. That bank was later acquired by WF. I left before WF arrived but years later my account was "acquired" in yet another merger.
          The entire federal banking cartel is a gang of looting scum without exception. They produce nothing and get to print their own money to make interest bearing loans, then get bailouts when they make stupid loans with full knowledge they will default.
          Seriously, the NRA and JPFO should open the Second Amendment Bank. There are 50 million customers would would love to bring them business.
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  • Posted by Herb7734 6 years ago
    If their business model is good, they will succeed. If not, no vaunted patronage will help. The only time I've ever seen an enterprise with a good business model fail is when the government was involved.
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  • Posted by nickexxon 6 years ago
    I believe the bank in question is Bank of America, not Wells Fargo. I also read in an (gun) industry wire newsletter a statement from WF management indicating that they are not in business to make political statements - just money.
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  • Posted by MrSmiggles 6 years ago
    So the teachers gestapo is attacking those who do business with gun makers. Good luck, too much money to be made.
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    • Posted by $ 6 years ago
      Well, WF seems to think not, as well as Citi, so your sense is not their sense. The urge to merge with the cosmic Liberal conciousness is impacting business now, and all of a sudden they become "moral" while still ripping people off. Weren't they the ones a year or so ago who were fined and embarrassed because they made their thralls get paid bounty for each account so they created thousands of fake accounts? Must have found Jesus and repented....
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  • Posted by gerstj 6 years ago
    This is an invitation for a counter fire ultimatum: No business with WF if they drop the NRA or firearms businesses and to target individuals and organizations for economic reprisal if they blame guns and cover up the root causes like refusing to arrest and charge dangerous students in the name of social justice.
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  • Posted by Solver 6 years ago
    Corporations, politics and ideology morphing together as one. Where have we seen this before? At least stockholders can sell their stocks and customers can remove their money from that bank as long as they’re still free to choose.
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    • Posted by $ 6 years ago
      Yet the logic is nonexistent, in that if they are so socially responsible, they need to give special rates to minorities and gays, and make white men pay double the interest rate, as well as discontinue all auto loans (they cause more deaths by a huge amount, than guns), as well as eliminate all cell phone advertising that distracts drivers and causes deaths, as well as eliminate any financing for chemical companies that pollute the earth, oil companies (same reason and global warming) loans for apartments (slum lords) ...might as well go out of business as they are supplying all the evil people and things in the world right now....
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      • Posted by Solver 6 years ago
        If they were a welfare ward of the state funded by taxpayers, they probably would do all this stuff. And that’s the difference between a for profit organization that has to do what the people want, and an organization that has to do what the government wants.
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    • Posted by $ 6 years ago
      A friend pointed this out: This growing practice of banks intentionally throwing gun related businesses out the door or any legal business is unlawful interference in commerce. 18USC1951. It may also violate McCulloch v. Maryland, 17 U.S. (4 Wheat.) 316 (1819) as most if not all banks are appendages of the federal reserve system.
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  • Posted by $ Thoritsu 6 years ago
    Wells Fargo is a gangster lending institution. Although I don’t agree with the teachers lynch mob, I hope they fail, and are crushed by institutions not focusing on blackmail, guile and threats.
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  • Posted by LibertyBelle 6 years ago
    I bank at Wells Fargo. (Well, not very much, due to not having enough $ to put much in). But they should tell the AFT to go to h***. And I bet that not all the teachers, even the ones in the AFT, necessarily agree with that stance, anyway. I understand that in the North, many people are intimidated into joining unions, whether they want to or not.
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  • Posted by NealS 6 years ago
    So is it a "Buy" or a "Sell" for Well Fargo (WFC)?

    The statement Randi Weingarten made "The lives of students and educators must be valued more than guns" is really not very astute. The guns could care less, it's the people on the other side of the issue they need to be concerned with. Is it even legal to threaten a business to take certain actions and ban specific customers? Maybe we do need some new laws. Maybe they should ban the guy with gun in all Wells Fargo facilities, yah, good idea.
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  • Posted by Peggy 6 years ago
    Wells Fargo is my bank. I am an avid CONSTITUTION supporter, including the amendments. WELLS FARGO, IF YOU BOW TO THIS TYRANNY, I AM OUT OF THERE.
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    • Posted by $ 6 years ago
      I use them too, as well as a local Credit Union. The entaglement of 20 years makes it sort of difficult to close up with them when you have mortgage, CC and loans as well as all your payment accounts. But, it can be done.
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