US 2nd Amendment Under Assault, Freedom Firearms Guns Defense

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Get Woke, Go Broke

Texas Law Forces Companies To Be Neutral On Guns Or Face Consequences

https://www.bloomberg.com/news/articles/2022-05-25/texas-forces-companies-to-be-neutral-on-guns-or-lose-business
https://twitter.com/WillHild/status/1528740373929025536
https://www.washingtonpost.com/business/2022/05/24/state-farm-lgbtq-childrens-books/

Woke companies who want to continue operating in Texas will have to
effectively take a vow of neutrality on guns following the latest
school shooting.
Gun rights advocates gathered outside the state Capitol in Austin in
2019 (Eric Gay / The Associated Press)

Thanks to a June 2021 law endorsed by the National Rifle Association
(NRA) signed by Governor Greg Abbott, firearm makers, retailers and
industry groups have special protections using language typically
reserved to shield people from racism, sexism, ageism or other 'isms,
Bloomberg reports.

The bill requires companies signing contracts with state government
agencies to verify that they don't discriminate against the gun
industry - which forces them to ignore calls from Democrats to sever
business ties in the state over the latest shooting in Uvalde, TX in
which a gunman killed 19 students and two teachers.

"Texas has pro-gun legislation which clearly makes a statement at
ensuring that the firearms industry is well protected," said Janice
Iwama, a professor at American University, who studies the impact of
gun legislation.

Meanwhile, the National Shooting Sports Foundation wants states to
follow in Texas' footsteps, as companies in the industry are regularly
denied services by banks. Similar bills have been advanced in Oklahoma
and Louisiana, while additional measures have been introduced
elsewhere.

    The Texas law has already cast ripples across Wall Street, where
Bank of America Corp., JPMorgan Chase & Co., and Goldman Sachs Group
Inc. had been curtailing some ties to gun companies, including by not
lending to those that make military-style weapons for civilian use.
Citigroup Inc. had also put in place restrictions for retailers that
it works with.

    The Texas bill requires any public contract valued at or more than
$100,000 to include a provision that states the company does not and
will not discriminate against a firearm entity or trade association.
-Bloomberg

Texas' law caused virtue signaling banks such as BofA, JPMorgan and
Goldman to stop underwriting Texas muni bonds, however Citigroup
returned to the market last year, and earlier this month JPMorgan took
a first step to re-enter the market with an attempt to appeal to state
lawmakers.

This isn't the first time woke corps have bent the knee. Earlier this
week, State Farm withdrew support of a program providing LGBTQ-themed
children's books to teachers and libraries, after conservative groups
slammed the insurance company as "a creepy neighbor," a play on its
slogan "Like a good neighbor, State Farm is there."

"State Farm tells us they’re a good neighbor, but would a good
neighbor target 5-year-olds for conversations about sexual identity?"
a narrator says in a Monday video by the conservative group,
Consumers' Research. "That's what State Farm is doing."

    This gross and blatant attempt to indoctrinate our children by
@StateFarm is shameless and consumers should be aware a company
founded on family values is now encouraging five-year-old children to
question their gender.

    And we have the receipts. pic.twitter.com/UYTWGb5yod
    — Will Hild (@WillHild) May 23, 2022

"Conversations about gender and identity should happen at home with
parents," said State Farm spokesman Roszell Gadson in a statement to
the Washington Post on Tuesday. "We don’t support required curriculum
in schools on this topic. We support organizations providing resources
for parents to have these conversations. We no longer support the
program allowing for distribution of books in schools."

Get woke, go broke.