Bank of America Freezes Gun Manufacturer’s Account, Company Owner Claims
Bank of America has reportedly frozen the account of gun manufacturer American Spirit Arms, according to its owner, Joe Sirochman.
In a Facebook post dated December 29, Sirochman wrote the following:
“My name is Joe Sirochman owner of American Spirit Arms…our Web site orders have jumped 500 percent causing our Web site e-commerce processing larger deposits to Bank of America. So they decided to hold the deposits for further review.
“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 — her exact words were — ‘We believe you should not be selling guns and parts on the Internet.’”
BofA received TARP money.
It’s called crony capitalism.
And here I was, actually considering Obama’s gun-control-via-crony-capitalism a backdoor feature for our side as late as yesterday.
If you have a BofA account, and you have the ability to switch banks, go to BofA ASAP and demand to close your account, but ask for cash money. Let’s run that MoFo. We’ll see how quickly they do some unfreezing. It has happened in the recent past — CitiBank tried this trick in very early 2000 to suck up to the Clinton White House when they were trying to engineer some “settlement” with firearms makers in a phony baloney lawsuit that the Clinton White House filed to begin with. It started with CB trying to close the account that the Nevada Pistol Academy had with it, then they tried it with others, gun stores, gun accessory makers, gun schools. But CitiBank customers ran the bank demanding to close their accounts and get their balances in cash, and CitiBank quickly had to reverse course.
Fractional reserve. We have leverage.