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Snip> Emanuel sent letters to TD Bank, which provides a $60 million credit line to Smith & Wesson, and to Bank of America, which provides a $25 million line to Sturm, Ruger & Co., asking the CEOs to push the companies to ‘‘find common ground with the vast majority of Americans who support a military weapons and ammunition ban.’’
Emanuel’s effort to enlist banks in the gun control campaign is just one example of a new willingness by a public official, galvanized by last month’s carnage in Newtown, Conn., to wield the power of the purse.
New York state’s big public pension fund and California’s fund for teachers have already frozen or divested their holdings in guns, and California’s fund for other public workers, known as Calpers, is expected to take up the issue in February. Massachusetts Treasurer Steve Grossman has also directed the state pension fund to review any investments in gun, ammunition, and other companies. New York City’s public advocate has put pressure on banks and investment firms by ranking their gun holdings by size and calling those with the 12 biggest stakes the Dirty Dozen.
‘‘Elected leaders understand that this is a tool of government with huge ramifications,’’ said the public advocate, Bill de Blasio, who is a trustee of the city’s $45 billion pension fund. ‘‘What happened in Newtown sort of crystallized this.’’ Snip>
Originally posted by neo96
Yeah it is blackmail, and I want to know who the hell are they "polling" ?
They make up their own facts, and they make up their own "polls".