Largest U.S. Bank Cuts Ties to Conservative Group, Canceling Donald Trump Jr. Event
The country's largest bank has cut ties with a Missouri conservative group, forcing an event that had been set to feature Donald Trump Jr. to be immediately canceled.
[....] Defense of Liberty founder Paul Curtman, a former GOP state representative, told the Missouri Independent that WePay informed him in a message that it would no longer do business with his group based on an alleged violation of terms of service and had refunded $30,000 in payments already processed for the event.
"It seems you're using WePay Payments for one or more of the activities prohibited by our terms of service," the message reportedly states. "More specifically: Per our terms of service, we are unable to process for hate, violence, racial intolerance, terrorism, the financial exploitation of a crime, or items or activities that encourage, promote, facilitate, or instruct others regarding the same."
Maybe Trump Jr and Defense of Liberty political action committee should not promote such things?
Or . . . maybe those things are their core message, and appeal to their base.
(Score: 1, Insightful) by Anonymous Coward on Friday November 19 2021, @04:26AM
The problem is that the concept of letting markets deal with it has already been shunted aside because enforced transactions are already a thing. That's kind of the point. It has nothing to do with white supremacists as such - doesn't the same logic apply to people facially recognised as being in BLM protests? Or are banks now OK with saying: "According to our arrangements with Faceb... we mean Meta, and Goog ... er, Alphabet, we've done some analysis of footage of BLM activity and, uh, yeah, you've disqualified yourself."
Or if it isn't BLM, it's Extinction Rebellion, or Million Mom March, or whatever.
On the other hand, if they can keep the KKK out, and that's cool, why not BLM? Why not simply demand all everyone's social media accounts, and find that holding anything back is grounds for refusal?