BofA Freezes Credit to Gun Manufacturers

Carbonatix Pre-Player Loader

Audio By Carbonatix

Bank of America has picked a side and has decided to join the anti-gun push by freezing credit to manufacturers of AR-15 rifles.

Townhall reports the banking giant said Tuesday that it will no longer lend money to companies that manufacture “military-style assault weapons for civilian use.”

They say they hope the move will “contribute to a reduction in the number of mass shootings nationwide.”

Congress passed the Protection of Lawful Commerce in Arms Act in 2005 to prevent the anti-gun left from suing manufacturers of so-called assault rifles.

So it appears now that their approach is to deny the makers of legal firearms of credit in order to put them out of business.

Corrie O'Connor

 

Sponsored Links

Trending Videos

Salem News Channel Today

Trending Videos

On Air & Up Next

  • The Ramsey Show
    7:00PM - 10:00PM
     
    Millions listen to The Ramsey Show every day for common-sense talk on money.   >>
     
  • Bloomberg Radio
    10:00PM - 12:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Bloomberg Radio
    12:00AM - 1:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Best Stocks Now
    1:00AM - 2:00AM
    Best Stocks Now
    760-736-8258
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     
  • Bloomberg Radio
    2:00AM - 7:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     

See the Full Program Guide