Posted April 11, 2018 8:30 am by Comments

By Tom Knighton

Anti-gunners really want to end the private ownership of guns, as a general rule. Sure, right now they’re ramping up the pressure on the AR-15, but they will eventually spread to all guns once they secure that beachhead.

But let’s also be honest for a moment. They really don’t have the votes to make this happen, and they know that even if a blue wave sweeps through Congress, they’re still not going to have the votes.

They have a solution, though. They have a way to hurt private ownership of guns without needing Congress at all. They simply pressure the financial industry to make it impossible for gun manufacturers to do business. Without the support of some financial institution, gun makers and sellers are hosed.

And now, they’re one step closer to making that happen.

Bank of America Corp. will no longer lend money to companies that manufacture military-style assault weapons for civilian use, in the hopes the move will contribute to a reduction in the number of mass shootings nationwide.

Anne Finucane, Bank of America’s vice chairman, said Tuesday in an interview on Bloomberg TV that the bank has notified the handful of gun manufacturers it does business with about the …Read the Rest

Source:: Bearing Arms

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