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Kroger owns Fred Meyer, kind of a WalMart in the west if you don't know them. They have about the same kind of shitty gun counter too, recently joined the ranks of companies violating the constitutional rights of Americans by prohibiting sales to under age 21 citizens as well as pulling semis from the cases.I see Kroger was included in the list. Someone want to explain that to me?
Man we have a bunch of hypocrites here. Free market capitalism happening here.
The article did not say anything about Black Rock abandoning gun stocks altogether, but that are offering funds without any business derived from guns. That is great, if some pension fund is insisting on being removed from guns I would rather have them create a fund for them than dump all gun related stocks. Obviously Black Rock thinks the gun stocks are valuable or they would dump them all together.
Black Rock is into making money, not being political. The new funds will NOT derive any revenue from, Walmart, Dicks (can suck it), ruger, S&W and all their companies. sportsmans warehouse. What about Amazon? they sale a lot of accessories.
Let them try, It would be very interesting to watch both funds and in 20 years tell the pensioners that their fund could have had $$$$$$ more.
Hell maybe it will work out for them, but at least it will not affect those that either WANT gun stocks OR just want to make money and leave the political BS some where else.
I disagree. What this is is using capital to attack an industry, by denying capital to that industry. If it works the way it is planed spokes people will go to other funds and demand that they provided similar options. Then they will begin to demand that all funds comply. They will protest and terrify any executive working for a fund managment company that offers any support to our industry. They will attack any bank that allows it's credit cards to be used for firearms transactions. Then they will attack any bank that provides accounts for any manufacture, distributor, or retail store that has any thing to do with guns. How will your local gun store pay his electric bill if he does not have a checking account?
Reduce the size of the industry by 90% then introduction level firearms will cost what customs cost today. Choke of the supply of new shooters and hunters now tell me where the new NRA members are going to come from. These people are not "capitalists" they are dangerous and they are our enemy. By the way what I moved today was my money---and I will put it where ever I want because I am a capitalist, and that does not make me a hypocrite.