Some good news from the southern front in the culture wars:
As it turns our, that whole “We won’t invest in funds or companies that deal with guns” thing cuts both ways. I rather like the turnabout being fair play.
I suppose you could argue, from a concerned taxpayer standpoint, that the removal of Chase means that the state will not be getting as good a deal as it might have otherwise. May be. But even I, a staunch opposer of government spending, would support this move.
I wish other municipalities had the cajones to knock some sense into some of the companies when they start getting all ‘woke’. Political posturing has consequences. This is the reason a smart business keeps its politics to itself. As Chase just learned.
Excellent. This is the way to cause meaningful change. They will respond, and hopefully change, when their bottom line is affected.
You would think it is common sense that you keep politics and personal feelings out of work situations, but evidently some people/companies need to be hit with a clue-by-four upside the head.
In my former construction company, we had to add a written rule in the handbook that employees didn’t discuss politics, sexual orientation, race or any other controversial subject while at work. The reason being that we mostly worked during open store hours when customers were present.
We had a couple of guys who were talking about Jewish people in a derogatory manner and a customer in the next aisle overheard them, reported it to store management, which went up the chain to their corporate headquarters, which then made its way to our corporate headquarters. Those two individuals were forbidden to work on any jobs with this company and since at the time, most of our work was with this corporation, they were let go.
On the other side of the coin, as a site superintendent, I had an employee who was mixed race. He overheard a store employee talking to a coworker say something about a “bad penny” and assumed they were talking about him. According to my employee, a penny is the only coin that’s a different color, so obviously they were talking about him.
So I had to take the store manager aside and explain the situation to him, then call my main office and let them know about it, mainly so I wouldn’t face any backlash if sh!t went south. Consequently, the store employees had to apologize to my guy and that was the end of it until the next job when I ended up firing the guy for being overly sensitive after he thought two of my Hispanic workers were talking about him in Spanish. ( They probably were, but the guy deserved it.)
Anyway, two situations that were basically the same, but with different outcomes depending which side you were on.
While in the Army, a conversation I had with another soldier caused a huge company crisis, including all hands meeting where the first sergeant talk about bad racists and how he was going to nuke their asses or something.
The conversation was between myself and another white guy when we pulled into position at night while our in the field and playing soldier. The subject was a black guy, disappeared soon after I showed up to give two of them a hand.
“Bill” said that our sarge was going to give the diverse one a certain job, to which I replied with something like “I don’t think so, he is too slow”. ….. and I meant it. He was one slow moving sob.
He reported that I said he was stupjd and called him a nigger.
I actually had to convince my black staff sergeant that it was not true. Luckily for me I could point things out that would negate it….including me doing his car brakes a little while earlier.
I’m actually looking for a new bank over this type of crap. Truist (merger of Suntrust and BB&T) had a new user agreement for their bill pay service. Any payment related to firearms, tobacco, prescription drugs(?), and a mix of other things are considered prohibited – the payment can be blocked or even reversed.
I changed to a local state bank, then found they had the same agreement ( it was hidden in a different place so I missed it initially).
I’ve never had a debit card payment blocked and never used bill pay for any firearm purchase, but I won’t agree to give them those options.
This is because the big banks are setting up a social credit system, they tried it before when New York State told the big banks that if they dealt with firearms they would get heavily regulated, but Trump stopped it using the comptroller of the currency.
As for why the new user agreements regarding guns, tobacco, alcoho, and other things, Bank of America Merrill Lynch now assigns ESG (Environmental, Social, and Governance) credit scores for customers.
Now that the Junta through the usurper has nominated a Communist who studied at Moscow University in the USSR as its new comptroller, So things are only going to het worse.
Interesting, though I thought Wells Fargo was also strongly anti gun?
I’ve been researching financial instituitons for my upcoming retirement nest egg and Wells Fargo is generally considered by the industry to be the dirtiest one. I moved mid six figures over to Fidelity and my WF broker screamed like a mashed cat, which made me wonder what is going on when the third biggest bank in the US cares so much about my paltry sum.
As someone who worked in the banking world for years. I know for a fact that broker gets a bonus for having so much money that they bring into the bank. Yes you walked in the door but they had you sign papers/are responsible for keeping you happy.
He probably had you on 20 other phony accounts. Wouldn’t trust WF with anything.
they make too much money to care…now when the world economy tanks they may think diff and this kind of action might matter to them…
While I still shop at Costco, I got rid of their Visa card, since it came from Citi, which took an anti-gun stance.
I didn’t care about the hit to my credit rating, as I didn’t have a balance on the card, and my credit score is nearly topped out.
Kurt
Just as Hornady learned when they announced their jab or get fired policy. The next day reversing their decision. I’m guessing soon as there bean counters added up the amount of money they were going to loose from loyal customers and comparing it to the paltry amount they would make in possibly one time govt. contracts if they didn’t insist on jabbing. My days of Hornady purchases are OVER – Permanently! I don’t take kindly to threats! Never have, ain’t gonna start now. BFYTW
Not going to buy from them as well. That company is dead to me. I’m not giving my hard earned money to stupid company that is trying to get affirmation from the people who hate it, and always will, to get their enemies yes enemies, to like them at the expense of the people who support them. Sort of like Congressional Republicans.
My few purchases here and there probably won’t make a difference to them, but I hope we’re not the only ones who think about them this way.
“My few purchases here and there probably won’t make a difference to them,….”
They will. Your dime added to my dime and added to my friends’ dime add up to stacks of dollars.
1 bee sting is not likely to kill you. How about 1 hive of bees ?
Find a local credit union to join.
A lot of those regs do not apply to credit unions
Also Credit Union accounts are insured by a separate fund than the FDIC one the banks use, and the FDIC hasn’t enough money to cover even a fraction of bank deposits, so if a Big mega bank like Chase goes down, it will take the FDIC insurance fund with it.
State needs to ban JPM+C from owning, handling,selling any state paper. Just remember this is Exactly what got Gov. Blogovich arrested and falsely prosecuted in Illinois,the day he attempted to move $7 billion(was a Lot more money then) in state funds from JPM+C to another institution, the State Police+FBI arrested him, the courts will still not release the evidence that was supressed at trial. Small local banks/credit unions are much better.
Someone with more time and resources could start a Corporate Criminal Score to allow a tracking of these activities and who to do business with(anything like that anyone know of?).
Someone with more time and resources could start a Corporate Criminal Score to allow a tracking of these activities and who to do business with(anything like that anyone know of?).
That is a great idea. A social credit score for them. Turnabout is fair play.
More of a Socialist credit score, really