New York has never been known as a bastion of freedom, yet this is even highly reminiscent of all-out fascist tactics to eliminate basic fundamental human rightsthrough weaponized regulations. And although no person should ever have the kind of power Cuomo exerted to “decree” private businesses and banks follow his orders, don’t be surprised if they cave to the tyranny.
“I am directing the Department of Financial Services to urge insurers and bankers statewide to determine whether any relationship they may have with the NRA or similar organizations sends the wrong message to their clients and their communities who often look to them for guidance and support,” the governor wrote in a statement.
The Department of Financial Services, which regulates the banking and insurance industries in New York, followed up with guidance letters to insurance companies and banks, according to Reason.
The guidance then includes slight variations on the following language from the banking letter:
The Department encourages its chartered and licensed financial institutions to continue evaluating and managing their risks, including reputational risks, that may arise from their dealings with the NRA or similar gun promotion organizations, if any, as well as continued assessment of compliance with their own codes of social responsibility.
The Department encourages regulated institutions to review any relationships they have with the NRA or similar gun promotion organizations, and to take prompt actions to managing these risks and promote public health and safety.
Why is this such a terrifying ordeal? The regulatory body that oversees these industries is warning companies under its power that they may be assuming reputational risk (a regulated area that draws official attention) by doing business with legal organizations such as the NRA. This reputational risk is said to exist because these groups are “gun promotion organizations,” which boils down to nothing more than them taking public policy positions at odds with those favored by the state’s political leaders. Meaning the New York State government is weaponizing itself against any business it deems a political enemy…does this sound like East Berlin circa 1939 yet?
Hitler,Stalin and Mao live again in New York the crinimal acts they are commiting and i hope they get sued for this
So, Cuomo decrees businesses look out for their business interests? No, what he is saying is, “Nice little business you got here. Be a shame if something were to happento it due to you not doing my bidding and vilifying the NRA.”
Yet the NRA has done nothing illegal, nothing immoral, nothing wrong. Their only offense is that they defend the Constitution, something that is like holding a cross up to a vampire for liberals.
More PROOF that the left cannot endure thoughtful debate. They must silence dissent.