The NYT is floating a trial balloon where banks will prohibit weapons transaction. This is similar to how the elite use the threat of employment loss to censor dissent.
This kind of thing makes it obvious why they want to outlaw cash.
For the past year, chief executives have often talked about the new sense of moral responsibility that corporations have to help their communities and confront social challenges even when Washington won’t.
In the aftermath of the school shooting in Parkland, Fla., that killed 17 students and staff members — and at a time when Washington shows little interest in limiting the sales of assault weapons — there’s a real opportunity for the business community to fill the void and prove that all that talk about moral responsibility isn’t hollow.
Here’s an idea.
What if the finance industry — credit card companies like Visa, Mastercard and American Express; credit card processors like First Data; and banks like JPMorgan Chase and Wells Fargo — were to effectively set new rules for the sales of guns in America?
Collectively, they have more leverage over the gun industry than any lawmaker. And it wouldn’t be hard for them to take a stand.
PayPal, Square, Stripe and Apple Pay announced years ago that they would not allow their services to be used for the sale of firearms.
“We do not believe permitting the sale of firearms on our platform is consistent with our values or in the best interests of our customers,” a spokesman for Square told me.
The big financial firms don’t even have to go that far.