Little Bolshevik Rahm Emanuel tells banks don’t do business with gun-makers

[JPMsecretagent]

JANUARY 26, 2013 BY MICHAEL DORSTEWITZ

Chicago Mayor Rahm Emanuel has taken bully politics to a new level by telling area banks to cut off lines of credit to gun manufacturers if the gun-makers won’t voice their support massive gun control measures.

In a letter he sent out Friday to Bank of America and TD Bank, according to a Chicago CBS News affiliate, Emanuel wrote:

In the past, the gun industry has stood in opposition to these safety measures. They opposed a ban on assault weapons on America’s streets, opposed a ban on military-style clips, opposed a criminal background check on all gun purchases and opposed any effort to crack down on criminal gun traffickers.

TD Bank provides a $60 million revolving line of credit to Smith & Wesson, which produces an AR-15 model; Bank of America provides Sturm, Ruger & Co. a $25 million line of credit.
In his letter to TD Bank, Emanuel continues, ”I ask you to use your influence to push this company to find common ground with the vast majority of Americans who support a military weapons and ammunition ban and comprehensive background checks.”

http://www.bizpacreview.com/2013/01/26/r...kers-16849