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Old February 20th, 2018, 09:57 AM   #1
RNG
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How banks could control gun sales if D.C. won’t

With all the pro and con threads currently on the board I thought about just posting this in another thread but each of those has thread-drifted a lot and I think this is sufficiently different to deserve its own thread.

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A big idea for the gun control debate, leveraging banks — DealBook column by N.Y. Times' Andrew Ross Sorkin: "What if the finance industry — credit card companies ... credit card processors ... and banks ... were to effectively set new rules for the sales of guns in America?"

Why it matters: "Collectively, they have more leverage over the gun industry than any lawmaker. And it wouldn’t be hard for them to take a stand."
The backdrop: "For the past year, chief executives have often talked about the new sense of moral responsibility that corporations have to help their communities and confront social challenges even when Washington won’t."

The companies could change their "terms of service to say that it won’t do business with retailers that sell assault weapons, high-capacity magazines and bump stocks."

What's next: "I spent the last 72 hours calling and emailing a handful of chief executives to discuss these ideas. ... [S]ome said they had already been thinking about it. A few ... called their peers to begin a conversation."
If you go to the link, it has the link to the original NYT story which is behind a paywall.

https://www.axios.com/banks-gun-cont...eb6e63114.html
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Old February 20th, 2018, 02:08 PM   #2
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Originally Posted by RNG View Post
With all the pro and con threads currently on the board I thought about just posting this in another thread but each of those has thread-drifted a lot and I think this is sufficiently different to deserve its own thread.



If you go to the link, it has the link to the original NYT story which is behind a paywall.

https://www.axios.com/banks-gun-cont...eb6e63114.html
The ONLY thing worse than the government telling me what I can and can't buy, is a nameless faceless corporation with no oversight, no recourse or reprieve.
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Old February 20th, 2018, 02:29 PM   #3
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The ONLY thing worse than the government telling me what I can and can't buy, is a nameless faceless corporation with no oversight, no recourse or reprieve.
Is that not their right as a business?

I worked for a corporation that had an internal ethics policy outside of any legal framework, just what the exec and board of directors thought was the right things to do.

And this was an evil oil company.
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Old February 20th, 2018, 02:31 PM   #4
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Solution

Bitcoin

Next
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Old February 20th, 2018, 02:35 PM   #5
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I love this idea. Please continue to push it.


You guys never cease to amaze me
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Old February 20th, 2018, 02:45 PM   #6
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Quote:
Originally Posted by RNG View Post
With all the pro and con threads currently on the board I thought about just posting this in another thread but each of those has thread-drifted a lot and I think this is sufficiently different to deserve its own thread.



If you go to the link, it has the link to the original NYT story which is behind a paywall.

https://www.axios.com/banks-gun-cont...eb6e63114.html
If the bank transaction is 10k or over it is reported to the IRS and FBI. What we need to do is combine the Federal Agency's to keep confusion at a minimum level.
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Old February 20th, 2018, 03:51 PM   #7
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Originally Posted by RNG View Post
Is that not their right as a business?

I worked for a corporation that had an internal ethics policy outside of any legal framework, just what the exec and board of directors thought was the right things to do.

And this was an evil oil company.
Its their right to choose who to do business with? Tell me about the bakery again.
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Old February 20th, 2018, 06:05 PM   #8
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Its their right to choose who to do business with? Tell me about the bakery again.

Hmmm? So that poster is one of those guys?

I think that remark you made left skidmarks.
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Old February 20th, 2018, 06:09 PM   #9
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Its their right to choose who to do business with? Tell me about the bakery again.
OK, the court just ruled that they were within their rights.

Is that what you wanted me to tell you?
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Old February 20th, 2018, 08:10 PM   #10
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OK, the court just ruled that they were within their rights.

Is that what you wanted me to tell you?
If you want
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