Rahm Emanuel Writes to Mutual Funds Urging them to Blacklist Gun Companies
The tyrant of Chicago is at it again. Mayor Rahm Emanuel is now pushing mutual funds to divest and blacklist gun manufacturers for the crime of opposing the Obama regime's gun-control efforts.
Emanuel's statement on his assault on the First and Second Amendments:
"Just like the banks and pension funds, I believe that these Mutual Funds can exert an enormous amount of influence by taking a stand against gun manufacturers that continue to refuse to support commonsense reforms like required background checks and an assault weapons ban. The time is now for everyone to do anything they can to stop these military-style guns and magazines from ending up on the street and putting families, children and police officers at risk,” said Mayor Emanuel. “This has to be about doing what is morally right and not what is financially beneficial to their bottom lines.”
Mayor Emanuel is sending a letter today to the chief executives of Allianz, BlackRock, Dimensional Fund Advisors, Vanguard, James Investment Research and Capital World Investments. All of the funds own stock of gun manufacturers who are actively lobbying against safety reforms. The mayor is asking the mutual funds to divest from these companies until they support these reforms.
Nice company ya got there...
Last week, Emanuel sent a similar letter to banks, pushing them to strangle gun manufacturers' credit lines until they bow to Obama.
These are deadly serious actions. Emanuel's thrusts are clearly part of the Obama regime's coordinated attack on the Second Amendment. Emanuel was Obama's chief of staff prior to being elected mayor of Chicago. Obama proposes his 23 bullet points, Senate Democrats hold hearings to ramp up the emotional pressure, Feinstein pushes an "assault weapons" ban, and Rahm forms the pincer on the other end of the attack, going after law-abiding companies and their right to exist and disagree with the president's proposals.
If all of this succeeds, we've gone over the tipping point. The Second Amendment was written precisely to keep citizens safe from the likes of these zealots.
More: Chicago already has some of the most restrictive gun control laws in the country, but its murder rate over the past decades has eclipsed the US military's death toll in Afghanistan. Most of those murders involve gang violence. But Emanuel is choosing to go after law-abiding companies and citizens rather than take on the gangs.