Last week, Wells Fargo defiantly announced that it would not follow its competitors' examples and cease lending to gun manufacturers; this week, the American Federation of Teachers dropped Wells Fargo as the preferred mortgage lender for its 1.7 million members.
The AFT is the second-largest teachers' union in the country; 20,000 of its members have special mortgages brokered by the union through Wells Fargo, and 1,600 teachers take out new Wells Fargo mortgages through the AFT every year.
Wells Fargo refused to meet with union leadership over its concerns about the bank's rogue status as the lender of last resort for arms dealers, and AFT president Randi Weingarten finally sent Wells Fargo CEO Tim Sloan a letter stating, "[We] can only assume [that Wells Fargo] has decided that the NRA business is more valuable to you than students and educators are."
Several businesses responded. In March, Citigroup became the first bank on Wall Street to impose restrictions on the sales of firearms by its business clients. The policy prohibits those clients from selling firearms to customers under the age of 21 and those who have not passed a background check. Walmart, L.L. Bean and Dick’s Sporting Goods raised the minimum age for guns sales to 21 years old. REI said it would stop ordering products from Vista Outdoor until that company changes its firearm policies.
Teachers union drops Wells Fargo as mortgage provider because of links with NRA and gunmakers [Valerie Strauss/Washington Post]
(Image: ~Pawsitive~Candie_N, CC-BY)
Roguelike games (previously) are "a subgenre of role-playing video game characterized by a dungeon crawl through procedurally generated levels, turn-based gameplay, tile-based graphics, and permanent death of the player character" (Wikipedia).
From 6PM-730PM this Thursday, May 23, I'm presenting at the Exposition Park Library (Dr. Mary McLeod Bethune Regional Library, 3900 S Western Ave, Los Angeles, CA 90062) on the problems of Big Tech and how the problems of monopolization (in tech and every other industry) is supercharged by the commercial surveillance industry -- and what […]
Bernie Sanders has released A Thurgood Marshall Plan for Public Education, a detailed and bold suite of public education reforms reminiscent of the kinds of policy planks being laid down regularly by rival candidate Elizabeth Warren (I'm a donor to both Sanders' and Warren's campaigns).
Raspberry Pi is one of the world’s most versatile open-source computers. Alexa is a home automation hub with limitless potential. Together, they’re a dream team for ambitious makers, opening the door to everything from automatic lights to voice-controlled robots. Learning Raspberry Pi is meant to be relatively easy for newbies, but its applications with Alexa […]
Heads up: The clock is winding down on a free-entry contest to win not only one of the best smartphones on the market but a handy pair of earbuds. A simple sign-up is all you need to be eligible to win a 256 GB iPhone XS Max, along with AirPods. And while “free” is tough […]
Kudos to those of us who have chosen a less wasteful third option to “paper or plastic” at the supermarket or club stores. Tote bags are reusable, but they can be a pain to tote around. Here’s an upgrade to that planet-saving measure. The Club Cart Lotus Trolley Bag is that rare tote you’ll want […]