Cuomo Urges (Threatens) Banks Against Doing Business With 2A Companies

By CTD Blogger published on in General, News

It is one thing, as an elected official, to have and espouse an opinion. It is quite another to make a veiled threat against financial companies and insurers due to your political position or influence. However, that is exactly what many believe Andrew Cuomo, previous governor of New York, did when he crossed the line and “urged” banks and insurance companies—some would say threatened— with repercussions to their reputations if they continued doing business with firearm and ammunition manufacturers. One of those ammunition manufacturers has ‘fired’ back.

Hornady Critical Defense .45 Colt bullet

Hornady’s Critical Defense load offers a new dimension for personal defense in the .45 Colt revolver.

From Hornady’s FB Post:

“Who does Gov. Andrew Cuomo think he is, telling New York banks and insurers to blackball the gun and ammo industry?

Steve Hornady, President of Hornady Manufacturing, responded:

“The State of New York did one of the most despicable acts ever perpetrated by any state by asking New York banks, financial institutions, and insurance companies to stop doing business with the gun and ammo industry. While it may not make a difference to New York, Hornady will not knowingly allow our ammunition to be sold to the Government of the State of NY or any NY agencies. Their actions are a blatant and disgusting abuse of office and we won’t be associated with a government that acts like that. They should be ashamed.”

In letters to be sent as early as Wednesday, from NY Capitol offices, the state’s top financial services regulator warns banks and insurers of the ‘reputational risk’ they incur by doing business with the National Rifle Association and the gun industry.

The letter from Department of Financial Services Superintendent Maria Vullo does not overtly threaten to impose any penalties on institutions that maintain ties with the gun industry, but notes the public outcry that followed the recent shooting rampage at a high school in Parkland, FL. Would you consider that extraneous information or a thinly veiled threat?

NYDailyNews Reports:

“The tragic devastation caused by gun violence that we have regrettably been increasingly witnessing is a public safety and health issue that should no longer be tolerated by the public and there will undoubtedly be increasing public backlash against the NRA and the gun industry,” Vullo said.

(Read More)

Tom King, an NRA board member from New York and president of the state Rifle & Pistol Association, blasted Vullo’s letter as “extortion.”

 “That’s a veiled threat,” King said about the letters. “Anybody who doesn’t think it is a veiled threat is simply mistaken.” He says.
Mr. King is absolutely right. It IS a threat of extortion! These pseudo Mob extortion tactics will not be tolerated in a Free Capitalist society, and it is high time WE as an American Nation and fight back against these tyrannical State and Federal Leftist bullies.

You make the call. Was Cuomo’s comment simple information or something more significant such as backdoor gun control or influence peddling for the anti gunners? Share your opinion in the comment section.

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Comments (41)

  • NRA Sues New York Governor Cuomo & New York

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    […] do business with manufacturers and businesses within the firearms community. Following that, we ran Cuomo Urges (Threatens) Banks Against Doing Business With 2A Companies. Now, the NRA is fighting back by filing suit in district […]

    Reply

  • Pete Horree

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    Not The former governor, unfortunately Cuomo is the current, and hopefully not the next governor. This scumbag held a late night meeting to get a new bridge over the Hudson named after his father ( former scumbag governor but at least he’s dead) against the will of the entire state. He will undoubtedly use whatever tactics he sees fit to get his way.

    Reply

  • 1911's 4 Me

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    That is one ugly, stupid, radical, liberal!!! His mouth looks like it was made for only one thing, and that isn’t for talking.

    Reply

  • James M Jordan

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    I guess these politically motivated government morons forget they are in elected positions. And regardless of current thought, there are far more gun loving, law abiding citizens than those who accept the lies that gun control will control gun crime. Just wait until its time for reelection.

    Reply

  • Steve

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    My father’s bomb group took it directly to a country with the same mindset across the English Channel years ago. Bet Cuomo has a Yeti cooler too.

    Reply

  • Jim White

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    Wouldn’t it be something to see if all these American 2nd ammendment companies blackballed all the blue states. Make them get their guns, ammo, and gear from another country. After paying tariffs and higher fees of the sort maybe they would change their tune?

    Reply

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