Thanks to a small number of leftist lunatics on social media who, with the help of mainstream news media political hacks, have convinced people that a majority of Americans agree with their mental illness known as Progressivism. The Progressive pathogen has made its way into the corporate world too. We have woke corporate officers who fear having their companies canceled by the small minority of woke boogeymen on Twitter and so they make bad corporate decisions that in many cases suffer more from the backlash than they ever would have received by the knuckleheads.
Louisiana Attorney General Jeff Landry sent out a letter to JP Morgan Chase to warn them that the bank will no longer be eligible as a state infrastructure underwriter unless the company pledges to avoid policies that restrict or discriminate against Second Amendment rights.
On Monday, the Hayride reported about Landry’s letter to JP Morgan, pointing out that Landry is not only the state’s AG but he also sits on the state’s Bond Commission.
Landry’s letter was addressed to JP Morgan chairman and CEO Jamie Dimon, and said, in part:
Your recent testimony before the United States House of Representatives, Financial Services Committee, on May 27, 2021, has called into question your ability to do business in several states, including Louisiana. In this testimony, you stated the following in response to a question from Rep. Madeleine Dean: “We do not finance the manufacture of military-style weapons for civilian use.”
“Military-style weapons” is a woke progressive term that means any weapon that could scare a soy boy snowflake creampuff and force him and all of his pronouns to seek out the first available safe space.
Landry then noted a Solicitation for Offers (SFO) form that JP Morgan had submitted last year, in order to be considered for underwriting of Louisiana infrastructure projects.
Landry made note of Question 15 on the SFO:
Certify whether your firm, either itself or through its parent company has policies that: a) Restrict or would otherwise infringe on the constitutionally protected rights of the citizens of the State to lawfully keep and bear arms, b) Discriminate against citizens based on the citizens’ exercise of their constitutional rights, or c) Otherwise unlawfully discriminate against of the State.
The Attorney General then revealed that JP Morgan claimed to not have any policies that would restrict or infringe on Constitutionally protected Second Amendment right in 2020, but believe the company “may wish to reconsider…[it’s] certification to the Bond Commission.”
This reminds me of the time many moons ago when an insurance company made a policy that they would not provide auto insurance to drivers who lived in Philadelphia, PA. I won’t name the company. Anyway, the governor then told them if they did that, then they wouldn’t be allowed to offer any kind of insurance to anyone in PA. No health insurance, life insurance, property and homeowners insurance, boiler insurance, nothing.
This isn’t the first time Landry has protected Second Amendment rights for the Bayou State. Back in 2018, Landry and the Louisiana’s Bond Commission denied $600 million to Citibank and Bank of America because of a gun control stance that both companies adopted. At that time, Ruth Wisher, Louisiana Executive Division press secretary, said that Landry and State Treasurer John Schroder were working on the state’s response to woke corporate gun control “for some time.” Apparently, leaving Citibank and Bank of America out of the $600 million deal was part of their response.
I say Second Amendment rights advocates should let the American people know exactly which companies do not want them to have the right to protect themselves and their families, so that Americans can make up their own minds over whether they should do business with corporations that care more for criminals harming them than being able to defend themselves legally.