Debate on Shareholder Proposal for Corporate Gun Control

I thought this was an interesting article. Seems like some shareholders want to pressure their respective corporations to divest from commerce involving firearms, ammo, etc. I thought the response from the CEO for Visa was very telling and seems to follow corporate ethics precepts - let Congress decide what commerce is legal or illegal and let corporations facilitate that commerce which is legal.

7 Likes

Visa, You keep your card, I keep my money.

3 Likes

The Visa CEO said, “We are in the business of facilitating legal commerce. That’s what we do. Our job is not to set or interpret, but to follow the law. If we start to get in the mode of being legislators it’s a very slippery slope…”

That’s how every company should operate, because choosing political sides is a losing strategy. They WILL offend somebody and lose business. Dick’s Sporting Good is a perfect example. I guarantee that anti-gun customers are not running to their stores in support, but I can guarantee that pro-gun customers are running away in opposition.

8 Likes

I agree with the CEO of visa. They can’t get into the business of right or wrong. They mention in the article they could turn people in for weird purchases of mass ammo or things of that nature. I can’t tell you how furious I would be if I got a call at the least or a visit at the most to my house because I bought a thousand rounds of .223.

I’ve seen articles that made a thousand rounds owned by an American sound like some sort of weapons cache they found in Iraq.

We need to defend our rights along with our neighbors if you expect to keep yours. Be careful who you demonize.

7 Likes

It would seem that the “Visa” statement is valid and the only folks getting more distressed are the damn politicians who believe that they should get into everyone else’s business, not their own mind you, but all the lesser classes in their socialist world and global interests.

8 Likes

I agree. I fired off 1,000 rounds of .223/5.56 just plinking over the last two months. Also, I started competing in Steel Challenge/USPSA recently, so I will consume several thousand additional rounds per year from that activity by itself. Non-gun owners and the MSM obviously do not understand our hobby.

6 Likes