Bank of America Has Frozen A Gun Manufacturer’s Account – ‘You Should Not Be Selling Guns and Parts on the Internet’
Bank of America Has Frozen A Gun Manufacturer’s Account: Saying, ‘You Should Not Be Selling Guns and Parts on the Internet’
The Blaze reported, Bank of America allegedly froze the account of gun manufacturer American Spirit Arms, saying the company “should not be selling guns on the Internet,” the company’s owner, Joe Sirochman, alleges.
“My name is Joe Sirochman owner of American Spirit Arms…our Web site orders have jumped 500% causing our Web site e-commerce processing larger deposits to Bank of America. So they decided to hold the deposits for further review,” Sirochman wrote on American Spirit Arms’ official Facebook page on Dec. 29, 2012.
“…as you could imagine this made me furious…After countless hours on the phone with Bank of America I finally got a Manager in the right department that told me the reason that the deposits were on hold for further review,” the post read. “Her exact words were…”We Believe you should not be selling guns and parts on the internet.”
After initially flipping the “f**k out,” Sirochman said he told Bank of America they have no right to make up their own rules and regulations regarding the online sales of firearms.
“[W]e are a firearms Manufacturer with all the proper licensing FFL (Federal Firearm license ), SOT and that we follow all Federal and All States’ rules and regulations on shipping Firearms and parts ..and that we are also Audited by ATF and Homeland
Security on a regular basis,” he wrote.
So far, Sirochman says just one-third of the companies Internet sales over a two week period have been released to the company. Needless to say, American Spirit Arms is looking for a new bank.
As CNSNews.com points out, “this isn’t the first time Bank of America has targeted a customer involved in the firearms industry.”
“McMillan Group International was reportedly told that its business was no longer welcome after the company started manufacturing firearms – even after 12 years of doing business with the bank,” the report adds.
They may be a bank, but they are NOT of AMERICA!
Remember what HITLER did….. What did he do with the BANKS……. for the Jews…. Obama
I’d be shopping for a new bank. Try a stable local bank and not the Bank of America.
Why is this DANGEROUS & why you should CLOSE your accounts with Bank of America IMMEDIATELY?
What happens when they suddenly decide “You should not be working in this industry” or “You should not be engaged in this sort of lifestyle” or they look at your transaction records and say “You shouldn’t be buying these types of products”
Run for your life from these people!!
So…. this licensed and approved gun company “Shouldn’t” be selling guns over the internet, and they have unilaterally decided to hold his money.
By that reasoning Bank of America should be completely out of business. Their incompetent business practices resulted in the American People bailing them out to the tune of BILLIONS! of dollars. Their mortgage lending helped result in the collapse of the mortgage industry, they have currently reached a deal with the Federal Government to pay billions in restitution.
AND YET…they have the gall! to condemn an honest business. This is like Charles Manson accusing a hunter for being violent in shooting and skinning a deer.
Do you think McFadden’s claims of the Federal Reserve usurping the Government is far-fetched ?
“The real truth of the matter is that a financial element in the large centers has OWNED the GOVERNMENT since the days of Andrew Jackson.”
“Behind the ostensible government sits enthroned an INVISIBLE GOVERNMENT owing no allegiance and acknowledging no responsibility to the people. To destroy this INVISIBLE GOVERNMENT, to befoul the unholy alliance between corrupt business and corrupt politics is the first task of the statesmanship of today.”
– Theodore Roosevelt
“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their CONTROL OVER GOVERNMENTS by controlling money and it’s issuance“
- President James Madison
This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President Wilson signs this bill, the INVISIBLE GOVERNMENT of the monetary power will be legalized….the worst legislative crime of the ages is perpetrated by this banking and currency bill. From now on, depressions will be scientifically created.” – Charles A. Lindbergh, Sr., 1913
“A great industrial nation is now controlled by its system of credit… We have come to be one of the worst ruled, one of the most completely CONTROLLED and dominated Governments in the world”
- Woodrow Wilson [Surprised the Admin. quoted this turncoat; he sold us out by creating the Federal Reserve, and the IRS “X”]