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The
Below Comments Relate to this Newslink:
TX: Texas Gun Law Has Big Banks Hitting Pause
Submitted by:
Mark A. Taff
Website: http://www.marktaff.com
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Another bank pauses business in Texas over new gun law. Goldman Sachs joined Bank of America, JPMorgan Chase, and Citigroup in halting its municipal bond underwriting business because of a new law that blocks state and local governments from giving contracts to banks with policies that limit business ties to the firearms industry. Municipal bond underwriting, in which banks act as third parties to set up public financing for local governments, is a multibillion-dollar industry in Texas. Goldman was the nation’s sixth largest public finance underwriter last year, and the others were the top three. Barclays, TD Securities, and Wells Fargo are among the banks still reportedly operating in the state. |
| Comment by:
repealfederalgunlaws
(10/14/2021)
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| The usual establishment banking criminals are mad at this good law. The semi secret establishment is at WAR with your 2nd amendment rights. Banker control over your cities through debt, is a core evil that turns your cities into greedy entities with secret ticket quotas, raising taxes constantly, and pushing ONLY high density commercial developments and high density residential. |
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| QUOTES
TO REMEMBER |
| The supposed quietude of a good mans allures the ruffian; while on the other hand, arms like laws discourage and keep the invader and the plunderer in awe, and preserve order in the world as well as property. The same balance would be preserved were all the world destitute of arms, for all would be alike; but since some will not, others dare not lay them aside...Horrid mischief would ensue were one half the world deprived of the use of them... — Thomas Paine, I Writings of Thomas Paine at 56 (1894). |
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