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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, Interesting) by Anonymous Coward on Friday November 19 2021, @05:02PM (2 children)
Yes, Congress or the courts can address this question, and probably will right after they address pressing questions about whose hair looks most gorgeously coiffed on 4K TV.
Right now we have a perfect example: someone is pushed out of banking services for no reason of malfeasance, but a sort of scattershot laundry-list of things including "reputational risk" which is the corporate way of saying: "Your cooties may rub off on us!" This is why we establish principles. If equality before the law is to mean anything, then discrimination in services on the grounds of differences must be outlawed. If civil liberties are to mean anything, then discrimination on the basis of exercising them is ...
... apparently just peachy, today.
On the other hand, if freedom of association is the ruling concern, including in public transactions, then we can go back to lunch counters for white people, and for everybody else.
(Score: 0) by Anonymous Coward on Friday November 19 2021, @06:24PM (1 child)
How demanding you are that peoole address your concerns! Were you orotesting with BLM? D you support police reform? Or are you a dirty little shithead that only cares when white people face hardship?
Rhetorical questions, your commentary makes your position pretty clear.
(Score: 1, Insightful) by Anonymous Coward on Friday November 19 2021, @07:04PM
OK, so while we're asking rhetorical questions, how do you feel about the idea of Antifa wall-of-moms members get denied mortgages because they stood in front of Portland police?
Does it make you feel all warm and fuzzy inside? Because right now, this is right there for any bank to glom onto. "We're terribly sorry, ma'am, but we just noticed that your face matches that of some kind of person who doesn't like large institutions, and blahblahblahREPUTATIONALRISKcoughcough fuck you, bitch. Oh, and your savings account just got closed, here's a grip of benjamins, the door is thataway."
And *poof* just like that, Mom is one of the unbanked. Bye-bye, government goal.