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The
Below Comments Relate to this Newslink:
Bank of America's Loan to Remington Tests Its Firearms Pledge
Submitted by:
David Williamson
Website: http://constitutionnetwork.com
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Bank of America Corp is preparing to provide critical financing to Remington Outdoor Co, which makes assault-type rifles, just weeks after the U.S. bank said it would stop financing "military-style" firearms for civilians. The bank is contributing $43.2 million to a $193 million lending package funded by seven banks, according to court documents, which will help put Remington back on stable footing as it emerges from bankruptcy later this month into an uncertain environment for gun makers.
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Comment by:
PHORTO
(5/7/2018)
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"Wells Fargo has said it believes the government should set gun policy, not companies through their credit."
Only as long as the government understands that "[T]he enshrinement of constitutional rights necessarily takes certain policy choices off the table." - D.C. v. Heller (2008). |
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QUOTES
TO REMEMBER |
Government is not the solution to our problem; government is the problem.... We've been tempted to believe that society has become too complex to be managed by self-rule, that government by an elite group is superior to government for, by, and of the people. Well, if no one among us is capable of government himself, then who among us has the capacity to govern someone else? All of us together, in and out of government, must bear the burden. The solutions we seek must be equitable, with no one group singled out to pay a higher price. — Ronald Reagan |
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