Visa and Mastercard Are Defending Your Second Amendment Rights

Discussion in 'Politics' started by AAAintheBeltway, Aug 8, 2019.

  1. https://www.ibtimes.com/visa-will-continue-support-gun-purchases-we-shouldnt-determine-right-or-wrong-2811495

    I am quick to criticize big business when CEO's abdicate responsibility to SJW's and take offensive political stands that hurt their businesses, customers and stockholders. It's only fair then to salute a couple of companies that have refused to fold under pressure from the likes of Andrew Ross Sorkin, the repellant little twerp from the NYT and CNBC who has demanded that payment processors refuse to handle gun sales.

    Visa's CEO was refreshingly blunt in saying their role is not to set social policy in the country.

    “We are guided by the federal laws in a country, and our job is to create and to facilitate fair and secure commerce,” Visa Chairman and CEO Alfred Kelly toldCNBC. “We shouldn’t tell people they can’t purchase a 32-ounce soda. We shouldn’t tell people they can’t buy reproductive drugs.”

    “The reality is that it’s very hard for us to do it ... If we start to get in the mode of being legislators it’s a very slippery slope,” noted Kelly. “We shouldn’t be determining what’s right or wrong in terms of people’s purchases.”

    Mastercard holds a similar opinion and its CEO, Ajay Banga, said it’s not his company’s place to dictate what consumers can and cannot buy. Banga also doesn’t think his personal beliefs should guide how he operates his company’s vast business.

    In contrast, other payment companies such as PayPal and Square don’t allow their services to be used for gun purchases. Mastercard, however, has taken a position similar to that of Visa’s as regards the self-regulation of gun purchases.

    One of the most vocal appeals for credit card companies to step in and stop processing gun buys came from The New York Times columnistAndrew Ross Sorkin in 2018. Sorkin suggested restricting the ways people can pay for guns. He first made this suggestion in early 2018 after a shooter killed 17 people at South Florida’s Marjory Stoneman Douglas High School.
     
    traderob and Tsing Tao like this.
  2. Tsing Tao

    Tsing Tao

    Bravo. This is exactly what an officer of a company is supposed to do.