90 Miles From Tyranny : Major red flags surround Citi Group’s egregious gun control move

Friday, March 23, 2018

Major red flags surround Citi Group’s egregious gun control move

Citi Group just positioned itself for major backlash as it is the latest in the growing list of companies caving in to demands by anti-Second Amendment advocates.

In a statement condemning gun violence and the lack of gun control policies, the bank announced Thursday that it would start requiring clients to place some restrictions on gun sales. Fox News’ Tucker Carlson noted the alarming new trend as the “left is now colluding with large companies to roll back your rights to bear arms without any legislation at all.”

Although the company stated that the new policy is “not centered on an ideological mission to rid the world of firearms,” the announcement concluded with Citi showing non-conformers the door.

“We know our clients also care about these issues and we have begun to engage with them in the hope that they will adopt these best practices over the coming months,” the statement read. “If they opt not to, we will respect their decision and work with them to transition their business away from Citi.”

Free Beacon writer Stephen Gutowski summed up the bank’s decision.

Citi Bank just announced it doesn't want anybody to be able to buy magazines of an unspecified "high capacity" or buy a gun if they're under 21. https://blog.citigroup.com/2018/03/announcing-our-us-commercial-firearms-policy 
The bank will cease doing business with anyone that sells any firearms to anyone under 21 years old and any business that sells "high capacity magazines." It does not specify what constitutes a "high capacity magazine" in their estimation.
Perhaps, Gutowski’s most disturbing observation comes for a passage that insinuates Citi Bank might be trying to put pressure on other financial institutions to do the same.

This passage is particularly ominous. Sure sounds like they want to pressure other financial institutions into instituting similar policies to deny consumers the right to purchase the legal protects Citi Bank doesn't like.

“You may remember Citi group because about 10 years ago they got 45 billion of your taxpayer dollars to get bailed out. That’s why they still exist,” Carlson said on “Tucker Carlson Tonight” on Thursday. “Now they turn around and work to undermine the constitutional rights of...Read More HERE

1 comment:

  1. **** 10 years ago they got 45 billion of your taxpayer dollars ****

    Yes. And no one was arrested for billions in real estate loan fraud. Instead the banks paid their fines with taxpayer money.

    ReplyDelete

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