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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 |
| I do believe that where there is a choice only between cowardice and violence, I would advise violence. Thus when my eldest son asked me what he should have done had he been present when I was almost fatally assaulted in 1908 [by an Indian extremist opposed to Gandhi's agreement with Smuts], whether he should have run away and seen me killed or whether he should have used his physical force which he could and wanted to use, and defend me, I told him it was his duty to defend me even by using violence. Hence it was that I took part in the Boer War, the so-called Zulu Rebellion and [World War I]. Hence also do I advocate training in arms for those who believe in the method of violence. I would rather have India resort to arms in order to defend her honor than that she should in a cowardly manner become or remain a helpless witness to her own dishonor. — Mohandas K. Gandhi, Young India, August 11, 1920 from Fischer, Louis ed.,The Essential Gandhi, 1962 |
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