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NOTE! This is a real-time comments system. As such, it's also a free speech zone within guidelines set forth on the Post Comments page. Opinions expressed here may or may not reflect those of KeepAndBearArms staff, members, or any other living person besides the one who posted them. Please keep that in mind. We ask that all who post comments assure that they adhere to our Inclusion Policy, but there's a bad apple in every bunch, and we have no control over bigots and other small-minded people.  Thank you. --KeepAndBearArms.com

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

There is 1 comment on this story
Post Comments | Read Comments

 
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)
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.
 

 QUOTES TO REMEMBER
You must understand, therefore, that there are two ways of fighting: by law or by force. The first way is natural to men, and the second to beasts. But as the first way often proves inadequate one must have recourse to the second. — Niccolo Machiavelli in "The Prince."

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