CitiBank is a global bank. I purposely chose an image of a Citibank branch in Moscow (look closely at the sign) for more than the reason than it's a freely available Wikimedia image. As a global bank, Citibank doesn't really have to champion American values. Neither does YouTube (a subsidiary of Google, which is a subsidiary of Alphabet). Despite the fact that both companies are domiciled in the U.S., their business spans the globe.
They don't care if they harm America by eroding our Bill of Rights, specifically the right to own and bear arms. They only care about making money and looking good to the rest of the world.
To review here: it's legal in the U.S. to buy firearms from a legally licensed firearms dealer (possessing a Federal Firearms License, which in itself is an enormous assumption of risk and compliance for the bearer). Purchasing a firearm is a highly regulated activity. But because it's not regulated enough to stop people with no criminal record from committing crimes using firearms, liberals in America believe it should not be a right at all.
Enter the pesky Second Amendment, which declares it is an American citizen's right. To answer this, liberals tout other countries like Australia and England, which are nominally gun-free (I say nominally because only law-abiding citizens don't have guns--criminals still do). But these liberals are cherry-picking in the most devious way.
See, England and Australia (and Israel, and France, Germany, and fairly well the rest of the world) don't have a Bill of Rights containing the First Amendment--which protects free speech and expression, gatherings like the March for Our Lives, freedom of the press, and freedom of religious expression from government control. The Second Amendment, the Founders knew, would vouchsafe the First Amendment, which in turn supports the rest of the Bill of Rights.
Want to stop the government from illegal search and seizure? Expose it to the people. Without a First Amendment, the government can hide its misdeeds and oppressions. Without a Second Amendment, the government can impose its will and squash the First Amendment by force of arms. No country can maintain true freedom of speech, expression and religion without an armed citizenry. It was true in 1793 and it's true today. That makes it quite ironic that the people marching "for their lives" are marching against the very right that secures their right to march at all. (See China and Russia, and Venezuela and jolly old England).
Let's get back to Citibank. The government says it's legal for Americans to buy firearms, including in most states, 19-year-olds. Americans can also buy, in most states, high-capacity (meaning holding 10 or more rounds) magazines. But Citibank won't allow their card merchant (or possibly even businesses who have checking accounts at Citibank) to be clients unless they limit rights granted by law. This decision wasn't made on the basis of risk or sound banking. It was done because Citibank wants to shape political rights in the U.S., harming our country.
“We have waited for our grief to turn into action and see our nation adopt common-sense measure that would help prevent firearms form getting into the wrong hands. That action has sadly never come and as the weeks pass after the most recent mass shooting, it appears we are stuck in the same cycle of tragedy and inaction," the statement read.
What if, next, Citibank decides to limit its accounts only to non-Jews? Or limit its accounts by excluding people who have contributed to the Trump campaign? You'd say that's wrong, discriminatory, and possibly illegal. But what's the difference here? The only way to guarantee nobody but criminals has guns is to eliminate the Second Amendment. It's clear that Citibank and Youtube, as well as Dick's Sporting Goods and Kroger Corp. have all taken sides.
I say, let legislators pass bills, and let governors and presidents sign them into law. We don't need corporations augmenting our legal system. If this was Goldman Sachs deciding who could and couldn't do business based on politics that the Left hated, you'd hear every Democrat railing against the "Big Banks" controlling our nation. But when a Big Bank does something truly damaging to America, you hear crickets.
Citibank has crossed a terrible line, and they will undoubtedly pay when tens of thousands (if not millions) of consumers cut up their Citibank cards. What's in my wallet? Not a Citibank card, that's for sure.