ARRA News Service
News Blog for social, fiscal & national security conservatives who believe in God, family & the USA. Upholding the rights granted by God & guaranteed by the U.S. Constitution, traditional family values, "republican" principles / ideals, transparent & limited "smaller" government, free markets, lower taxes, due process of law, liberty & individual freedom. Content approval rests with the ARRA News Service Editor. Opinions are those of the authors. While varied positions are reported, beliefs & principles remain fixed. No revenue is generated for or by this "Blog" - no paid ads - no payments for articles. Fair Use Doctrine is posted & used.
Blogger/Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year]
Contact: editor@arranewsservice.com (Pub. Since July, 2006)
    Home Page
   

One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

Tuesday, October 08, 2019

The Angry "Cancel Culture" Mob Is Hijacking Banks for Their Agenda

Ken Blackwell
by Ken Blackwell, Contributing Author: With 2020 Democratic presidential candidates looking ready to lose to President Trump and with recent conservative victories, this is a bad time to be a liberal activist.

No longer able to win elections and enact laws, the left has resorted to pressuring private companies into severing ties with industries they don't agree with. Their creative and unsavory tactics are beyond anything Saul Alsinky ever dreamed of.

The heavy-handed boycott campaigns had small victories at first. By pressuring companies to fit their liberal agenda, some of the world's biggest brands - such as Nike and Gillette - suddenly embraced far left-marketing. Sadly, with endorsements from Elizabeth Warren and Alexandria Ocasio-Cortez, these efforts have evolved into highly aggressive campaigns that turn banks and financial institutions into political weapons.

Recent examples involve using small groups of corporate shareholders to pass liberal resolutions in board rooms, pressuring state governments to divest pensions from industries they don't like, and forcing banks to stop financing industries that are not supported by the left.

Banking discrimination is a very serious threat to our Constitutional liberties and consumer choice. For example, instead of repealing the 2nd Amendment, liberal activists are trying to ensure gun manufacturers can't have access to financing. This same nefarious strategy is being applied in the energy, small-dollar lending, and private prison sectors, where lawful companies are being severely limited by regulatory policy dictated by angry mobs.

This type of discrimination started with an Obama-era plot known as Operation Choke Point. In 2013, the Obama's Department of Justice conspired with the Federal Deposit Insurance Commission, the Consumer Financial Protection Bureau, and other government agencies to cut off financial services for small businesses and industries that they deemed to be undesirable or political enemies.

Thankfully, the Trump administration put a stop to Operation Choke Point. But liberal special interest groups do not take "no" for an answer, which is why activists built upon the former program to organize sweeping pressure campaigns to achieve the same objectives. With the help of celebrities such as Alyssa Milano, Amy Schumer, and Gloria Steinem, a coalition known as "Real Money Moves" was started to take direct aim at companies they do not approve of.

Thus far, the success of Real Money Moves has already been terrifying. They have successfully pressured large banks - including Wells Fargo and JP Morgan Chase - into cutting ties with the private corrections industry and are targeting banks that work with traditional fossil fuel energy companies. These well-funded activists were able to be successful in forcing the hand of banks, despite banking discrimination being expressly forbidden by federal law.

The threat of liberal activists taking over banks is large. For example, gun owners may have increasingly limited options to arm themselves as gun companies are being forced out of business. In addition, our chaotic Southern border could lose the ability to detain illegal aliens if private facilities have to close. Also, how affordable will your energy prices be if the companies which build oil and gas pipelines are put out of business? This activity affects our economy as people's livelihoods have been put in the crosshairs for political reasons.

This shameful discrimination and hijacking of the free-market should not be tolerated. Left-wing activists are now emboldened after seeing how easy it has been to harass banks into doing their bidding, which means their list of targeted industries will expand. It is up to our government officials and elected leaders to put an end to this harassment before it is too late.
-----------------
Ken Blackwell (@kenblackwell) is a former ambassador to the U.N., an advisor to the Family Research Council in Washington, D.C. He serves on the advisory board of Donald J. Trump for President, Inc., and former Ohio State Treasurer and mayor of Cincinnati who currently serves on the boards of numerous conservative policy organizations. He is a contributing author to the ARRA News Service

Tags: Ken Blackwell, Angry "Cancel Culture" Mob, Hijacking Banks, for Their Agenda To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service and "Like" Facebook Page - Thanks!
Posted by Bill Smith at 1:20 PM - Post Link

0 Comments:

Post a Comment

<< Home


View U.S. National Debt

Don't miss anything!
Subscribe to the
ARRA News Service
It's FREE & No Ads!

You will receive a verification email
& must validate you subscribed!

You Then Receive One Email Each AM
With Prior Days Articles / Toons / More


Also, Join us at:
Facebook.com/ARRANewsService


Recent Posts:
Personal Tweets by the editor:
Dr. Bill - OzarkGuru - @arra
#Christian Conservative; Retired USAF & Grad Professor. Constitution NRA ProLife schoolchoice fairtax - Editor ARRA NEWS SERVICE. THANKS FOR FOLLOWING!

Action Links!
State Upper & Lower House Members
State Attorney Generals
State Governors
The White House
US House of Representatives
US Senators
GrassFire
NumbersUSA
Ballotpedia

Facebook Accts - Dr. Bill Smith
Pages:
ARRA News Service
Arkansans Against Big Government
Alley-White Am. Legion #52
Catholics & Protestants United Against Discrimination
End Taxpayer Funding of NPR
Overturn Roe V. Wade
Prolife Soldiers
Project Wildfire 4 Life
Republican Liberty Caucus of Arkansas
The Gold Standard
US Atty Gen Loretta Lynch, aka Eric Holder, Must Go
Veterans for Sarah Palin
Why Vote for Hillary (Satire)
FB Groups:
Arkansas For Sarah Palin
Arkansas Conservative Caucus
Arkansas County Tea Party
Arkansans' Discussion Group on National Issues
Blogs for Borders
Conservative Solutions
Conservative Voices
Defend Marriage -- Arkansas
FairTax
FairTax Nation
Arkansas for FairTax
Friends of the TEA Party in Arkansas
Freedom Roundtable
Pro-Life Rocks - Arkansas
Republican Network
Republican Liberty Caucus of AR
Reject the U.N.

Patriots
Exchange
Links

Request Via
Article Comment

Links to ARRA News
A Patriotic Nurse
Agora Associates
a12iggymom's Blog
America, You Asked For It!
Americans for a Free Republic
America's Best Choice
ARRA News Twitter
As The Crackerhead Crumbles
Blogs For Borders
Blogs for Palin
Blow the Trumpet Ministry
Boot Berryism
Cap'n Bob & the Damsel
Chicago Ray Report
Chuck Baldwin - links
Common Cents
Conservative Voices
Defeat Obama's Agenda
Diana's Corner
Greater Fitchburg For Life
Lasting Liberty Blog
Liberal Isn't Amy
Maggie's Notebook
Marathon Pundit
Patriot's Corner
Right on Issues that Matter
Right Reason
Rocking on the Right Side
Saber Point
Saline Watchdog
Secure Arkansas
Sultan Knish
The Blue Eye View
The Born Again Americans
TEA Party Cartoons
The Foxhole | Unapologetic Patriot
The Liberty Republican
The Lid
The Maritime Sentry
The O Word
The Path to Tyranny Blog
The Real Polichick
The War on Guns
TOTUS
Twitter @ARRA
Underground Notes
Warning Signs
Women's Prayer & Action
WyBlog

Editor's Managed Twitter Accounts
Twitter Dr. Bill Smith @arra
Twitter Arkansas @GOPNetwork
Twitter @BootBerryism
Twitter @SovereignAllies
Twitter @FairTaxNation

Editor's Recommended Orgs
Accuracy in Media (AIM)
American Action Forum (AAF)
American Committment
American Culture & Faith Institute
American Enterprise Institute
American Family Business Institute
Americans for Limited Government
Americans for Prosperity
Americans for Tax Reform
American Security Council Fdn
AR Faith & Ethics Council
Arkansas Policy Foundation
Ayn Rand Institute
Bill of Rights Institute
Campaign for Working Families
CATO Institute
Center for Individual Freedom
Center for Immigration Studies
Center for Just Society
Center for Freedom & Prosperity
Citizens Against Gov't Waste
Citizens in Charge Foundstion
Coalition for the Future American Worker
Competitive Enterprise Institute
Concerned Veterans for America
Concerned Women for America
Declaration of Am. Renewal
Eagle Forum
FairTax
Family Research Council
Family Security Matters
Franklin Center for Gov't & Public Integrity
Freedom Works
Gingrich Productions
Global Incident Map
Great Americans
Gold Standard 2012 Project
Gun Owners of America (GOA)
Heritage Action for America
David Horowitz Freedom Center
Institute For Justice
Institute for Truth in Accounting
Intercollegiate Studies Institute
Judicial Watch
Less Government
Media Reseach Center
National Center for Policy Analysis
National Right To Work Foundation
National Rifle Association (NRA)
National Rifle Association (NRA-ILA)
News Busters
O'Bluejacket's Patriotic Flicks
OathKeepers
Open Secrets
Presidential Prayer Team
Religious Freedom Coalition
Renew America
Ron Paul Institute
State Policy Network
Tax Foundation
Tax Policy Center
The Club for Growth
The Federalist
The Gold Standard Now
The Heritage Foundation
The Leadership Institute
Truth in Accounting
Union Facts



Blogs For Borders

Reject the United Nations

Presidential Prayer Team

Thousands of Deadly Islamic Terror Attacks Since 9/11


FairTax Nation on FaceBook
Friends of Israel - Stand with Israel
Blog Feeds
Syndicated - Get the ARRA News Service feed Syndicated!
ARRA Blog Feed

Add to Google Reader or Homepage

Add to The Free Dictionary

Powered by Blogger


  • To Exchange Links - Email: editor@arranewsservice.com!
  • Comments by contributing authors or other sources do not necessarily reflect the position the editor, other contributing authors, sources, readers, or commenters. No contributors, or editors are paid for articles, images, cartoons, etc. While having reported on and promoting beliefs associated with the former Arkansas Republican Assemblies (ARRA), this blog/site is controlled and supported by the editor. This site/blog does not advertise for money or services nor does it solicit funding for its support.
  • Fair Use: This site/blog may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. Such material is made available to advance understanding of political, human rights, economic, democracy, and social justice issues, etc. This constitutes a 'fair use' of such copyrighted material as provided for in section Title 17 U.S.C. Section 107 of the US Copyright Law. Per said section, the material on this site/blog is distributed without profit to readers to view for the expressed purpose of viewing the included information for research, educational, or satirical purposes. Any person/entity seeking to use copyrighted material shared on this site/blog for purposes that go beyond "fair use," must obtain permission from the copyright owner.
  • © 2006 - 2018 ARRA News Service
Creative Commons License
Creative Commons Attribution Noncommercial Share Alike 3.0 Unported License.