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Ruger Threatened To Cut Ties With NRA

Amalgamated Bank said it will pull investments from Sturm, Ruger & Company and withhold support for an board member if the gun maker fails to adopt new corporate policies and cut ties with the National Rifle Association. The bank’s chief executive Keith Mestrich described Ruger’s relationship with the NRA as “short-termism” in their resistance to new gun laws.

“They fail to proactively adopt corporate social responsibility efforts commensurate with the lethality of their product, and display hypocrisy in touting adherence to the law while working with the NRA to weaken the law as much as possible,” Mestrich said. He made a fiduciary argument that Amalgamated would have to pull funds because Ruger’s effort “creates significant financial and reputational risks” that will hurt the company and shareholders.

Amalgamated sent a letter, dated April 19, to Ruger’s board urging them to adopt corporate policies for gun makers recommended by gun control group Everytown for Gun Safety. The policies range from endorsing universal background checks and increasing funding for federal regulators and gun violence research to monitoring inventory distribution and investing in gun safety technology (ie smart guns).

The letter also singled out company board member Sandra Froman, who also serves on the NRA’s board. Because of the NRA’s political mission, the bank argued her presence is “a potentially significant conflict of interest.” As shareholders participating in Ruger’s annual meeting on May 9, the bank threatened to withhold support for Froman if the company failed to adopt Everytown’s policies.

Froman, who was appointed to Ruger’s board of directors in 2015, has served on the NRA’s board since 1992 and also served as the organization’s president, an honorary position, from 2005 to 2007. Unlike most other NRA board members, Froman earns compensation from the organization to the tune of $45,180 a year. Yet, in company filings, Ruger has disclosed her relationship with the NRA and clarified the company has contracted the gun lobby for promotional and advertising activities, paying some $800,000 in 2017.

As a publicly traded company, Ruger has been the subject of intense scrutiny since February’s school shooting in Parkland, Florida left 17 people dead and 15 others injured. Students and victims of the attack led a nationwide movement that has influenced businesses to take action. Some major banks and financial institutes have opted to implement policy changes that gun control advocates argue could have prevented the Parkland shooting.

Although most corporate actions were taken before Everytown created an outline for gun policy and procedural changes, Amalgamated was the first bank to publicly endorse and adopt the code of conduct after it was released. However, the effort doubles-down on the bank’s lending policy that already prohibited lending to gun and ammo makers and sellers.

Last month, another group of activist shareholders filed a proposal to be voted on at Ruger’s annual meeting. The Oregon-based Sisters of the Holy Names of Jesus and Mary asked other shareholders to make Ruger treat gun violence as “a public health crisis with extraordinary human and financial costs” and direct monies for preventative measures. Ruger executives asked shareholders to reject the proposal, arguing “the intentional criminal misuse of firearms is beyond our control.”

In the wake of the Parkland tragedy, Ruger has defended its business practices as well as federal and industry standards. Company executives explained adopting new gun control policies would alienate customers and argued that they think the best way to prevent future tragedies would be better enforcement of existing laws.

source: guns.com

129 Comments

  • bibleanda45

    This is nothing short of extortion by Amalgamated Bank. Hopefully Ruger will not honor this ridiculous request I’m sure brought about by far left wingnuts. I will NEVER use Amalgamated Bank again. When will the left “get it” that it is not the gun that kills people, it’s the evil of some people that kill people. But of course the left just wants us all disarmed. Good luck with that!

    Reply

    • Dennis Hall

      The evil of some people is “liberalism” !!!

      Reply

    • actor44

      This began with the illiterate peasants which flooded the shores of U.S. starting by plan in about 1870 . The Populous Party Platform of 1892 was driven by this,and promise to stop it . Things got so bad immigration was finally halted in 1921 ,and remained closed till 1961,or ’65 . Since then 45 million more poorly educated people invaded the U.S. Well educated highly skilled were turned away . Today they are said to be what makes America great. Half, minimum ,were Marxists ,98% illiterate Peasants,not to mention criminals of every kind,Anarchists ,one of which murdered Pres. McKinley ,saying he did it for the ‘ Good People ‘ seconds before tickling his ass with Electricity ! Today more than 72% of citizens are of this group both Mother,and Father ,our culture is 85% their product ,85% of fed. Bureaucracy . During the 1920s,and 30s the N.E.A. boasted they were the largest Marxist,Leninist group in U.S. ,and detailed how they were using the ruse of education to destroy U.S. Society,Culturally ,Economically . This is the rabble that runs American Financial Markets,and high % of gov. Good luck . Many are insulted by this but I am not the one who made that part of history . They are of course the Ellis Islanders ! Ben Franklin warned vigorously not to allow Paupers in any of the States. 85% of West Euro Culture has been disarmed ! U.S. is next.

      Reply

    • KingDon

      Extortion is a too mild description of their action. A more proper term is simple blackmail.

      Reply

    • Billy Ray Sneed

      i AM not sure they have any conception of the fact that most of America do NOT agree with their position. They are so caught up in false self righteousness they ignore the people.

      Reply

    • kassa1

      Don’t misunderstand the agencies in this government that we paid for were involved in these shootings of the schools and these places like Las Vegas, for the purpose of the media spewing hate against guns and its owners by the globalist elite who want to diss arm us so they can in Volk global slavery on the people of the world make no mistake this is not a joke. Don’t misunderstand the agencies in this government that we paid for were involved in these shootings of the schools and these places like Las Vegas, for the purpose of the media spewing hate against guns and its owners by the globalist elite who want to diss arm us so they can in Volk global slavery on the people of the world make no mistake this is not a joke. This is all being manipulated by the mone. If you think these idiots in Congress that are nothing but political or have anything to do with going to troll you’re wrong it’s the money who owns them that being the world globalist who are controlling and pulling the strings on this as they try and push to and still global slavery through the disarmament of the people it never ever works out good in the end for those who turn in their firearms not ever. This is being paid for by cowards like Soros, this is being paid for by cowards like Soros ,Bildabergers,Gates Daddy Busch And all these rich one world order billionaires who hide behind Congress and big businesses that they threaten.

      Reply

      • Rodney Steward

        Absolutely, and they’re using our FBI, BATFE, CIA, HLS, BLM, EPA, all forms of the Gov. and we’ve been seeing it first hand with the FBI as you stated on turning a blind eye and allowing most all of these mass shooting to happen for the NWO agenda!

        Reply

      • John Porter

        I believe our only hope is the 2nd Amendment & Term Limits!! We must end “career politicians”!

        Reply

      • David F Lanphere

        I also belong to a “government agency” and have seen first hand the leftist infiltrators who infect our Civil Service. They take advantage of the laws that were passed to protect us from vindictive dismissal from our jobs, to perpetrate their crimes against our Republic. We can go all the way back to Woodrow Wilson and even before I’m sure, but Good old democrat progressive, emphasis on the progressive, Woodrow Wilson incarcerated who knows how many reporters who wrote articles against him, signed into law the income tax law, the federal reserve act, and many other oppressive acts against our citizens. The one I “like” the most is when he divided the fully integrated Civil Service, to prevent African American Civil Service workers from working alongside their “white” co workers. The BATF and the FBI have always had rogue agents who would use their “oppressive authority” to inflict pain on our citizens by inventing crimes. Oklahoma City comes to mind, along with Ruby Ridge and Waco. How do we protect our honest Civil Servants from wrongful dismissal, while striving to get rid of these rogue agents, that are so rightly called the “deep state”?

        Reply

    • glock 19 fan

      The left already KNOWS that guns don’t kill people but those creeps continue to exploit whatever happens and they dance in the blood of the victims. If anything, the left will do their utmost to ESCALATE the shootings of innocents. It’s the old Hegelian Dialectic named after Friedrich Georg Hegel that spells out the way to take control:

      1.Create a problem (or exacerbate one.

      2. Create massive negative reaction to the “perceived” problem.

      #. Offer “THE SOLUTION” to the alleged problem, proposing radical programs that the people would never tolerate if they had not been conditioned to it by steps 1 and 2.

      That is what has been going on and will continue as long as those creeps are allowed to get away with it. And George Soros will support it!

      Reply

      • AC1USNRetired

        As now do the Koch Brothers

        Reply

        • glock 19 fan

          As an ex-Buckeye, I knew there was a reason why I never trusted them. And congrats on your USN retirement; I am ex-Navy as well and crewed on patrol planes.

          Reply

          • AC1USNRetired

            Which ones? My 1st duty station was NAS New Orleans ’74 to ’76 and sometimes on my own time I would fly with VP-94 when they still had Neptunes. Loved the view up in the nose.

          • glock 19 fan

            I was in VP-9 and flew out of Alameda except for the six month deployment to Japan. I am still convinced that the P2V-7s we flew were and are excellent airplanes. It was shortly after I left that the P2’s were replaced by P3’s and the Navy should still be using those because the P8’s are really too fast for patrol work. The P2’s were expensive to fly because of the 115/145 fuel and the engine overhauls must have been expensive. The P3 was a Lockheed Electra turboprop and an excellent airplane.

          • AC1USNRetired

            NAS Brunswick 6-1979 to 10-1984 P-3 base. Loved it

          • glock 19 fan

            I would have been tickled silly if I had been stationed there! Almost my old stamping grounds! I went to high school and college in Maine and enjoyed it immensely. Trips to Bar Harbor were always enjoyable and eating clams steamed on the beach – now I’m getting hungry. We got another AT transferred from VP-26 who had been on P-2’s in Brunswick. P-3’s are what should still be using because the P-8’s are too fast; I understand that the pilots have a real challenge there. When my squadron got back from Japan, I was helping to gas one of the planes when a reserve squadron of P4Y’s (similar to the B-24) came in and they looked like toys.

          • AC1USNRetired

            Getting off track. We could talk about Maine for a week and not cover everything.
            B-24 with “standard” tailplane. I’m Airedale to the core. FS2004 on my computer with about two hundred different types

          • glock 19 fan

            Just think; if I had been stationed there I might have been able to finish and get my degree. U of M only had two campuses then, Orono and Brunswick. Sometimes driving thru Brunswick between Orono and home I would see a Neptune taking off across the highway. I agree with you about Maine; beautiful year-round but drop dead gorgeous in the fall. Other states have as much color but ME, NH and VT have the evergreens mingled with the fall colors.

          • AC1USNRetired

            Will be “running” down to Dayton soon to Polymer80 to buy a Specter lower for a “Glock” 34 build. Love my Bersa Thunder but want something in Nato spec

        • David F Lanphere

          I like how the left is obsessed with the pittance given by the evil “Koch Brothers” who happen to be Libertarians and contribute to democrats as well, and say nothing about the billions given by the Nazi collaborator George Soros, to every effort to destroy sovereign free government around the world!

          Reply

    • Proudvietvet58

      @bibleanda45, I could not agree more! These traitor companies/banks need to feel the damage off attempting to harm our 2nd. Amendment. This is nothing short of a Dictatorship and communism!

      Reply

  • Brian E

    This from an organization that practices outrageous policies itself. What about a code of conduct for banks? For too long they have charged excessively high interest on loans, but pay almost nothing in interest on accounts where they get the money to loan. Not to mention the fees on everything they can and then putting all the information of account holders at risk, by accident or not.

    Reply

  • Raymond Martucci

    I don’t see not one company taken a serious stand against drugs that kill more kids than guns do. Are these companies afraid to do the right things the democrats have more gun and there gangs than anyone else. The gun shooter isn’t responsible for it to happen it was the FBI who knew sat there and did nothing like so many other shooting they knew about and did nothing like the one that just happened at waffle House.

    Reply

    • kassa1

      Purposely done so they can use their arm of the Communist Party the media to megaphone their disarmament of the American people. They could care less if we kill each other it’s they have an evil agenda to pursue and we must be disarmed so that we don’t come after their scummy ass purposely done so they can use their arm of the Communist Party the media center megaphone there disarmament of the American people. They could care less if we kill each other it’s they have an evil agenda to pursue and we must be disarmed so that we don’t come after their scummy ass

      Reply

  • Dilligaf

    All I see is the Democrats there B.S. down the throats of Americans. Sounds just like Bank of America the Nazi Bank.The libraltards and still trying to take down America within.

    Reply

    • glock 19 fan

      Bank of America seems to have forgotten some of its own history; that is not the bank’s original name. It was founded as the Bank of Italy in order to enable persons with names ending in a vowel to obtain financing. Now they are swinging a sledge hammer at anyone who disagrees with them politically? I never heard of Amalgamated Bank before – the name sounds like one that would be found in a comic book – but I will certainly avoid doing business with them.

      Reply

  • John Driskill

    The bank is bowing to the Democratic Party. Ruger is now between a rock and a hard place. If they cut ties with the NRA, they are doomed. Locally near where I live, a Democratic group in Pearland Texas is trying to get firearms in general banned in the town. They want to elect Democrat types for city government and the school board using the pretense of defending the lives of school children. The Democratic Party are now National Socialists.

    Reply

  • Dava Golin

    Lt Col. Brown: “Those who turn their guns into plow shears will plow for those that don’t.” Thomas
    Jefferson. And, as long as you can pull a trigger, you are relevant.

    Reply

  • David

    Change Banks Ruger !!
    This is simply Nazi-Style blackmail – run the swine out of town !
    Why don’t the Demotards sue the “Sun” for causing skin cancer ? ( Answer – because they can’t locate the Suns’ business address ….. ) Plonkers !

    Reply

  • tom

    That will just put ruger out of business if they fall to that . here is a idea get the Nra to sell shares to the members and we can make our own lending institution

    Reply

  • Voice of Reason

    Who is Amalgamated Bank, and why should anyone care about their misguided pronouncements?

    Reply

    • Pamela Landon

      They are a bank big enough to hurt this company financially. They are using their investment to bully Ruger into backing their anti-gun agenda.
      Of course, this would hurt Ruger. Because their businesses is manufacturing guns and accessories.
      If these banks can drive gun manufacturers out of business, there would be no guns to buy.

      Reply

  • Joseph Morgan

    THE NAZIS ARE AT WORK! THE LIBERAL SOCIALIST BANKS ARE DOING THE WORK OF THE DEMO-NAZIS AND “BLACKMAILING” LEGITIMATE BUSINESS TO SUBMIT TO THEIR DICTATORIAL
    WAYS. IF RUGER SUBMITS TO THE DESIRES OF THIS BANK THEY WILL SLIT THEIR OWN THROATS. JUST ANOTHER WAY TO OVERRIDE THE 2nd AMENDMENT AND TAKE THE GUNS AWAY FROM LAW ABIDING CITIZENS SO THAT THEY CAN ESTABLISH THEIR SOCIAL LIBERAL DICTATORSHIP. OUR FOREFATHERS WERE WISE ENOUGH TO FORE SEE THESE TYPES OF GREEDY PEOPLE AND SET IN THE CONSTITUTION A PREVENTATIVE SO THE PEOPLE COULD DEFEND THEMSELVES AGAINST A TYRANNICAL DICTATORSHIP. “GOD BLESS AMERICA”

    Reply

    • BIGOTIST

      did good till the last sentence~

      Reply

      • Joseph Morgan

        I SEE YOU ARE A BIGOT SINCE YOU CHOOSE IGNORE MY LAST COMMENT WHICH IS PROTECTED BY OUR CONSTITUTION AS MY RIGHT JUST LIKE BEING PROTECTED BY THE 2ND AMENDMENT AS MY RIGHT TO BEAR ARMS TO PROTECT MYSELF, MY FAMILY, ANYONE IN GRAVE DANGER AND THAT ALSO GOES FOR PROTECTION FROM AN OUT OF CONTROL GOVERNMENT. TOO BAD YOU DO NOT HAVE “FAITH”. i FEEL SORRY FOR YOU.

        Reply

        • glock 19 fan

          Regarding the references to the Nazi, it may be interesting to think about: Hitler wanted a “United States of Europe” and tried to bring it about by conquest and failed. That union, however, was accomplished by the banks, hence the European Union.

          Reply

          • Joseph Morgan

            Point well taken… We should be very aware of what these banks and the liberal socialist communist people in our government are doing to undermine the economics of this country and trying to get it to a point that they can and will confiscate all our savings and establish dictator control.

        • BIGOTIST

          Welp, you don’t have to scream with your caps lock on, but I guess you want to be apparent to the page.
          I have the same protections as you, and I wasn’t disrespectful and don’t need your pity for my beliefs or lack thereof. [myth]
          I always enjoy rhetoric from a bible thumper~

          Reply

          • Joseph Morgan

            YOU SAID IT! “O’ BY THE WAY I AM NOT A BIBLE THUMPER BUT I WAS RAISED TO KNOW A MIDDLE OF THE ROAD FENCE SITTER WHO WILL GO WITH THE PEOPLE IN CONTROL WITHOUT A FIGHT. STAND FOR WHAT IS RIGHT OR GO BURY YOUR HEAD IN THE SAND AND HOPE YOU DON’T LOSE YOUR ASS!

          • BIGOTIST

            YOU MUST NOT SEE WELL WRITING IN UPPER CASE,
            So, GFY~

          • Joseph Morgan

            ENJOYED YOUR PETTY ACTIONS! BYE, BYE, baby bigotist!!!!

          • BIGOTIST

            I DON’T POST OR REPLY ‘PETTY’. ONLY A
            “MORON” WOULD CONSIDER FACT AS PETTY.
            BYE BYE, SNOWFLAKE~

  • Chris Shaffer

    This is getting out of hand! The left is creating havoc in order to dismantle the 2nd Amendment. It’s total BS! I would love to see Ruger tell them to take a hike. (I’m being politically correct). Enough already. It would be a good idea if Ruger could start trying to raise money through private donations. And that goes for any gun/ammo manufacturing company. By doing so, this will take away any power that any leftist run organization might have. The NRA is a strong organization. And that’s due to people like you and I supporting them. If companies could end their dependent relationships with leftist controlled companies, it would prevent a lot of heartburn for the law abiding public that has every right to protect ourselves.

    Reply

    • KingDon

      Actually, dismantling the 2nd Amendment is necessary for them to advance to their next step which is dismantling the 1st Amendment.

      Reply

      • glock 19 fan

        And all the rest as well. Looks like Mein Kampf, Communist Manifesto and the writings of Saul Alinsky are still popular in high places.

        Reply

      • Chris Shaffer

        If the 2nd Amendment falls, so will the USA as we know it. It would probably lead to Civil War. Every aspect of the Constitution is under attack.

        Reply

        • kassa1

          Without the Second Amendment the other amendments they don’t care about because then they have you under control by the army they’ve created called the agencies that are arm to the kilt. And you think the Nazis in the without the Second Amendment the other amendments they don’t care about because then they have you under control by the army they’ve created called the agencies that are arm to the kilt. And you think the Nazis in the can’t be just her bed Communist were bad? One loudmouth who’s running for sheriff on the East Coast says he’s going to go after the guns door-to-door and the people don’t turn the men he’s going to kill them dead, and you wonder why the founding fathers wrote the second amendment?

          Reply

    • kassa1

      If they had good American Constitution believing gun manufacturers and ammo makers, they would quit making guns for the federal government and ammunition for the federal government. Obama has already planned for this as one congressman says the federal government is armed to the kilt and that is very scary for the American people and let’s not forget that Obama or 2 billion rounds of people killing how point bullets!

      Reply

  • oldwestman

    Sounds like it is time for the folks at Ruger to switch financial institutions and withdraw all business including companies that supply raw materials and some finished products from these idiots firm.

    Reply

    • Pamela Landon

      It sounds like the bank has actually invested in company stocks in order to have a voice at the company board meetings.
      Conservative board members need to start buying up as much company stock as possible to reduce this bank’s influence. If they could get a conservative bank, or several credit unions to invest, that would help as well.

      Reply

  • ddufremle

    The liberals are coming for your guns one way or another. Amalgamated Bank is now telling American companies they must fall into their liberal socialist ideals or give up your gun rights. Is extortion legal? Ruger don’t buckle under to this extortion. Find another bank. Amalgamated Bank go to hell.

    Reply

  • Kevin Padfield

    This is what I’ve been fearing for years. Just like the big northeast banks back in the 1950’s and 60’s who used their enormous amount of money they had to push neo-cons onto the republican party who then ruined the party, turning it from a libertarian leaning party to a pro-war, big spending party similar to the democrats, these banks are now doing the same thing.
    This is the beginning of the end for civilian gun ownership in America.

    Reply

  • Sparky2U

    Well, a quick check into Amalgamated Bank confirms and explains it all. This bank has deep Socialist and liberal activist roots. They use their financial bully pulpit to brow beat those less “responsible” into their labor, environmental, social and other typical Socialist liberal platform agitations. This bank formed from the Amalgamated Clothing Workers of America, a union and are owned by Workers United an SEIU affiliate. This bank is nothing but a Socialist arm pit of agitation and activist bullying. Interesting that their tentacles reached into Ruger and that the Ruger Board of Directors allowed this to happen. This is a relationship doomed to fail, with Ruger on the losing end. Perhaps Wells Fargo could salvage Ruger, obviously not Bank of America. Until this circumstance is remedied, I won’t likely be buying any Strum,Ruger firearm again. Sorry for the true American patriot stockholders. Suggestion, move the Strum, Ruger headquarters out of “true blue” Connecticut. Just asking for more trouble.

    Reply

  • Timothy Toroian

    It is time for wealthy gun owners to start a bank!! I’m on SS so I can’t.

    Reply

  • Pappdukes

    Disgusting, it’s the worst case of Blackmail and should be brought up to the Congressional banking committees with oversight. Ruger needs to hold their ground and fight this in the courts.

    Reply

  • rottenrollin

    Like a good liberal, Amalgamated
    projects IT’S weakening of law (re: the Second) onto Ruger.

    If we could harness liberal suckeyness we could put Hoover and Dyson out of business.

    Reply

  • Martin Fisher

    Amalgamated has business model ideas that are contrary to what most reasonable people would find profitable, so they should be bought out, and their exposure in Ruger can be divided up or taken over by other banks/funding institutions.
    We’ll see in the long run who needed whom more, as society evolves more and more toward separate wealth communities. We must make sure those of left wing demagoguery can not find weapons in the form of government regulations or other predatory practices that annex for the left vast and unjust advantages.

    Reply

    • Pamela Landon

      Did you read the part about their biggest deposits being Union Pension Funds? As long as the Unions are behind this bank, they can’t be broken up.
      Ruger needs to find Conservative investors. Buy back any stocks owned by Amalgomated, and pay off any loans owed to this bank.

      Reply

      • Martin Fisher

        Had not seen that.
        These days we all need to find financial partners that agree with reasonable principles of liberty, or organize such ourselves.

        Reply

    • kassa1

      Just remember! The builder burgers control world banking! They are a part of the one world order that seat your disarmament for their one world order agenda.

      Reply

      • Rodney Steward

        And they’ve won over all of the European Gov,s and the last one’s left, we must be disarmed for their agenda to be put in place!

        Reply

  • Randy Staller

    Then the American public should cut ties with Ruger

    Reply

    • Pamela Landon

      Or invest in Ruger to help save them from this bank.

      Reply

      • glock 19 fan

        That is the way to go. Ruger is being blackmailed – forced – to do the bank’s bidding and the answer is to buy into Roger and show support. Boycotting Ruger simply helps the bank to do its dirty work.

        Reply

  • sandraleesmith46

    Interesting; this tactic worked for the left to get homosexuality removed from the DSM so now they’re using it against guns’ manufacturers and owners. It’s nothing short of extortion, just as it was back in the late ’60s! Leftist policies of NOT holding people accountable for their INDIVIDUAL evil acts is where the biggest problem is; NOT guns, or any of the rest of their “targets”!

    Reply

  • FedUP15232

    Clearly, Ruger needs to find another bank. Or, I would have to find another firearms manufacturer. They would do well to remember what happened to Smith & Wesson when they sided with the Fascist Left.

    Reply

  • BIGOTIST

    Fck Amalgamated! There’s more than one bank that isn’t intimidated
    by useless snowflakes~

    Reply

  • Jim

    The end of free America.

    Reply

  • Gooseguts

    What a bunch of chicken sxxt elitist bankers. How dare they threaten anyone that’s legally in business. I am so sickened by this underhanded, pseudo-legal crap from the likes of Amalgamated bank and their chief executive Keith Mestrich. Is he that naive or is he just ignorant?

    Reply

    • Pamela Landon

      He is part of the Global Elite that think a One World Government run by them, of course, is just the best thing since splitting the atom.

      Reply

    • glock 19 fan

      What he is doing is to tell Ruger the old line that goes, “Heads I win; tails you lose!” Don’t fall for it, Ruger!

      Reply

  • Deadeye

    What does the fine organization, the “NRA” have to do with the Parkland shooting????????????????

    Reply

    • rad77red

      deadeye : the NRA has nothing to do with any mass shooting , the stupida$$ed press & knowit alls [press & most newspapers & TV people are the ones causing the problems . we need to start boycotting any of them that publish any anti- gun BULLS- SHIT . !!!!!!!

      Reply

  • james oriley

    Well if ruger decides to go against the NRA i will have to go against RUGER I do own two Ruger hand guns but I won’t buy another one with their name on it

    Reply

    • glock 19 fan

      I don’t believe that Ruger would make a big mistake like that and I think that the original title of the article is easy to misunderstand. Ruger didn’t threaten anybody but is being threatened by the socialists at that bank.

      Reply

  • Roknrobin Thirty-two

    An interesting paragraph from the article: “Four years after nearly collapsing amid the financial crisis, Amalgamated has aggressively carved out a position as the left’s private banker, leveraging deep connections with the Democratic establishment to expand rapidly in a niche long dominated by larger but less nimble financial institutions.” Hmm…

    Reply

  • basinman

    Don’t cave in to these idiotic demands. This is outrageous.

    Reply

  • Rodney Steward

    Everytown trash is the socialist Bloomberg’s little anti- Constitutional group of women he uses! I never realized our country had so many socialist people and businesses in it, and they’re not going to be happy till they start an all out civil war ! When you lose the 2nd, all will follow, with the 1st being the 1st to go and please Ruger, don’t turn your back on America so we won’t have to turn our back on you!!!

    Reply

  • MajorPain

    You’ll find the name Mestrich rates right up there with another Hungarian Name SOROS.

    Reply

  • dstudie

    Extortion is a felony. The Bank officers have to be arrested for extortion and prosecuted under the RICO Act. They are clearly guilty of Racketeering, Extortion and are Corrupt.

    Reply

  • Pat Bowen

    Tell Amalgamated to go to Hell!

    Reply

  • Karen Elaine Plumlee

    about 30 years ago the government stepped in and said we can’t spank our children it damages their mental state and we can be charged with child abuse. the bible tells us that a young man has to be taught how to walk and when he is old he will not depart from it. our young children must be taught how to respect them selves, the adults in their lives, those in positions of authority and
    this great nation that we live in. if it requires that a bottom needs warmed up a little to get their attention so be it. because a timeout bench does not teach that there are consiquences for our actions. they do as they please. that fire arm on the table can lay there 100 years and do nothing until some one picks it up and pulls the trigger. it is not the firearms fault it went off. people who shoot others mostly believe that nothing will happen or don’t care about them selves or others. lay off the firearm makers and look at where the real fault lay.

    Reply

  • Leonard Bennett

    boycott amalgamated bank they are trash

    Reply

  • illailla

    Turns out Amalgamated is a union and liberal controlled bank.
    https://en.m.wikipedia.org/wiki/Amalgamated_Bank

    Take a look at their other clients.

    This is enough! Tomorrow, I am buying as much Ruger stock as I can. I don’t care if it goes up or down.

    Reply

  • Logan Dodd II

    I have never hear of Amalgamated Bank, but hopefully Ruger will NOT give in to this obvious extortion. As someone who owns dozens of Ruger firearms, hundreds of Ruger accessories, and purchases several more Rugers a year…I would hope Ruger will find another lending institution. I also hope every self respecting gun owner ceases all affiliation with Amalgamated Bank, and such narrow minded institutions go out of business.

    Reply

  • mlord5673

    This is exactly the type of extortion and over reaching that governments end up doing and ultimately why you need guns to defend yourself from the government. Just who is Amalgamated Bank, what are some of their business interests, who are some of their executives. Banks need people’s money and people to borrow from them. CLOSE AMALGAMATED BANK.

    Reply

  • Proudvietvet58

    Boycott Amalgamated Bank, period.

    Reply

  • Taz

    If Ruger caves to these demands I will sell all my Rugers and will never buy another of their products.

    As for Amalgamated Bank, this is directly from Wikipedia, “Founded on April 14, 1923, by the
    Amalgamated Clothing Workers of America, Amalgamated Bank is the largest
    union-owned bank and one of the only unionized banks in the United
    States. Amalgamated Bank is currently majority-owned by Workers United.” So they are a union formed and owned bank. Another communist front.

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  • Bruce

    This is absolute blackmail and I think everyone needs to find out more about this bank and make it hard for this bank to conduct business. If we allow institutions like this to make laws instead of the congress. The next thing we’ll be doing is burning books on everything they don’t like or all together to dumb down the population or making what people read monitored news and regulations forced on you rather then being voted on. This is a really bad thing to allow with out allowing the majority to vote, and leave it up to the elite’s and the minority to bully the majority. They slowly taking away our personal freedoms for socialism which is communism in my books. We’ve lost a lot of blood defending that principle so why would I want it now?

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  • The wise One

    To hell with any organization that wants to blackmail America, her Second Amendment Manufacturers, or her citizens. My company will keep this bank out of our sources from now on. Argon Technologies Inc.

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  • The wise One

    Since most of the blame for the school shooting falls DIRECTLY on the leftist policies of Obama, the school system, the FBI, and the incompetent sheriff, I really think these people are completely incompetent. First, they stop arresting kids for crimes because it makes the school system look bad and loose funds, then they ignore MULTIPLE warnings about this POS kid. Not even liberals can be this incompetent. This smells much more like a CONSPIRACY to find rationals to disarm the people. Amazing how fast they had speeches and platitudes for their child spokesmen to spew.

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  • glock 19 fan

    Minor point perhaps but the title looks misleading and could read that Ruger had threatened when, ifact, Ruger was and is ***being*** threatened. The bank is “urging” Ruger to commit suicide so we must not boycott Ruger as some suggested; we need to help them stay in business.

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    • glock 19 fan

      Something wrong here; It tried to correct”ifact” to read “in fact” but the software is not registering it.

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  • Ronald Hagler

    Sisters of the Holy Names of Jesus and Mary is an organization founded in Quebec, Canada in 1843 who have spent over 150 years trying to create a utopian society where everyone loves and understands each other. These women are educators using the organization to spread their religious propaganda around the world. They fight against human trafficking, seek access to water for draught stricken countries and are advocates for refugees and migrants. On the surface these women project an image of helping the entire population on earth and seeking common cause for peaceful solutions to all conflicts.

    So, how deep does this spiritual inspiration go and how much of their work is for the good of mankind? Their involvement into U.S. politics is cause for alarm, as they hold an idealistic view of humans and our relationships to each other. In over 150 years these women have not stemmed the tide of violence of man against man, they have not convinced the villagers in Africa to dig wells for water, nor have they learned to continue on their agenda and not meddle into governmental affairs.

    Now they come forward and ask other shareholders to vote in favor of forcing Ruger to treat “gun violence” as “a public health crisis with extraordinary human and financial costs”. They seek to force Ruger to fund some undisclosed prevented measure against “gun violence” as if Ruger can dissuade anyone from killing. The phrase “other shareholders” is disconcerting because if they are shareholders in the bank, they are holding every other shareholder hostage by forcing them to make a political decision. This could result in these shareholders losing finances if other major companies side with Ruger and rebel at the thought of a bank holding company funds as ransom to force these companies to adhere to the bank’s political agenda. Ruger will pull their holdings out of this bank and if other companies follow, shareholders in the bank will lose their collective asses.

    If “other shareholders” references Ruger shareholders, the implications are even more sinister. Reading that another group of activist shareholders filed a proposal to be voted on at Ruger’s annual meeting and that group being the “Sisters”, one can see where that is one hell-of-a conflict of interest. Can we not see the hypocrisy of peace mongers being shareholders in a firearms manufacturing company and then seeking to force said firearms manufacturer to fund gun violence research? They further extort Ruger by siding with a bank in refusing to fund anymore Ruger ventures. This is beyond ludicrous!

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  • glock 19 fan

    If possible, Ruger needs to get rid of Amalgamated Bank investments in favor of BlackRock Investment Group and The Vanguard Group, the ones that David the Hogg tried to set up a boycott on.

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  • Proudvietvet58

    “IF” Ruger goes this route, they will be cutting their own throats with the very people who support them by buying Ruger products. I love my Ruger rifle but, WILL take a cutting torch to it and buy another brand of .22LR.

    Reply

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