But doesn't give him credit for rapid, new growth...
Bank of America has decided not to do business with civilian businesses who operate migrant detention centers and private prisons. Why? Because some of their BOA "teammates" are Left wing democrats and want to "make a statement". As one of their Credit Card holders, my "statement" to BOA's unwise, leftest, "statement" is at the bottom of the following FOX News article. RB
Bank of America cuts ties with businesses operating migrant detention centers, private prisons.
Bank of America CEO Brian Moynihan says America needs to get immigration 'right.'
After cutting ties with companies that operate detention centers and private prisons, Brian Moynihan Opens a New Window. Bank of America's Opens a New Window. CEO, spoke exclusively to Fox News' "Sunday Morning Futures" about the company's decision.
Bank of America made the decision last month after a public outcry over the conditions of several border facilities. Moynihan said difficult decisions like these are made "reluctantly" by a group of senior business people and teammates.
"We had teammates, because of their backgrounds and their thoughts, who were very upset about the broader issues of prison reform and sentencing reform," he said. "They basically said we should make a statement here."
Moynihan said the company's decision was made in hopes of making a statement about the broader systematic issues regarding immigration.
Please wait "We need to get immigration right. We need people in this country. We're not creating people fast enough. The population is growing half the rate it was before the financial crisis. We'll grow faster if we have more people."
He added that the country's immigration reform needs to be well-organized, efficient and well-documented.
"That's the crisis we're facing. Just when we need more people, we're in a crisis of trying to figure out how to do it."
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So Bank of America says their coercive, exclusionary, new policy of dumping legitimate business customers, is two fold. First they say that their bank has been growing so rapidly (Due no doubt to Trump's energizing policies and cutting red tape) that they can't find enough employees to keep up with their new growth. Their conclusion, therefore, is that the Trump Administration is hindering their bank's growth, which is growing so fast, because of Trump's new policies of canceling bad rules and red tape ... which Obama introduced and caused growth to decline precipitously in the first place. So Trump's policies, which caused BOA's new spurt of growth, and is hindering their more rapid growth by detaining, for a short time, thousands of illegal aliens at the border until we can separate the criminals, terrorists, MS13 killers, drug runners and human traffickers from the honest, job hunting refugees. That is the "statement" they are making regardless of what they hope we will think.
Secondly, if they really want to make a clear, logical, Common Sense statement, they should open their eyes and see the real reason they can't find enough American employees to fill all those new jobs Trump has created. That real reason is that the U.S. has aborted (murdered) 61,461,683 babies since 1973, Roe Vs Wade, and is still doing so at 25,000 each year. If the first of those 61 million babies had not been killed, they would be 46 years old now and at the peak of their performance on American jobs. If there had been no Roe Vs Wade, we would have all the workers, of every type, needed to keep America growing. They would also be paying billions in taxes ... which most of these illegal aliens do not do, but instead are soaking up $billions of tax dollars themselves.
Mrs Blair and I have had Bank of America credit cards for many years, but when they take such repulsive, unconstitutional actions on the side of all these so called Progressive Socialists, Anti-Semites, Anti-Americans, and Anti just about everything we believe in, Bettie and I will dump our little BOA credit cards and do our business with a more reasonable, business friendly, credit card company. Good Bye BOA and hello USAA. RB
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