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How Democrats Are Using Economic Chokeholds To Restrict Your Gun Rights Without Passing Any New Laws

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President Joe Biden’s State Department announced new sanctions banning the importation of ammunition and firearms from Russia, a decision that comes in the midst of a large ammunition shortage that has forced U.S. retailers to depend on foreign suppliers to meet demand. Since 2019, ammunition imports have increased by about 225 percent.

President Biden and his elitist allies in woke banks and investment firms know that severe restrictions on Second Amendment rights aren’t possible given the current composition of the Supreme Court, thanks in large part to President Trump. So they are turning to other tactics instead, most of which aren’t being covered by the press, to get the job done. It’s working.

For more than a decade, investors, banks, and other financial institutions have been dragging U.S. corporations toward the full adoption of environmental, social, and governance (ESG) standards, posing a significant threat to the long-term survival of the firearms industry.

ESG metrics provide an alternative system for measuring a corporation’s success. Instead of focusing exclusively on traditional business measures — such as profits, the quality of goods and services, consumer satisfaction, etc. — ESG metrics provide scores, usually in the form of letter grades or a numerical scale, based on a company’s adoption of non-business factors.

For example, the metrics created by the World Economic Forum’s International Business Council, which is led by Bank of America CEO Brian Moynihan, rank companies in part on the “Percentage of employees per employee category, by age group, gender and other indicators of diversity (e.g. ethnicity).”

Or, put another way, a company that doesn’t have “enough” — whatever that means........

© The Federalist

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