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OUTRAGE! BofA Freezes Licensed Gun Manufacturer’s Deposits “We Believe You Should Not Be Selling
http://www.ironicsurrealism.com ^ | january 4, 2013

Posted on 01/06/2013 12:21:21 AM PST by lowbridge

On December 29, the owner of American Spirit Arms; Joe Sirochman relayed this chilling news via Facebook:

All, My name is Joe Sirochman owner of American Spirit Arms and I wanted to share my recent experience with Bank of America .(which we have been doing business with for over 10 years)…. Everyone is familiar with the latest increase in guns sales , dealers selling out of inventory , Manufacturers back logged for months , large revenue all generated in the last two weeks …. American Spirit Arms is no exception to the overwhelming demand . What we have experienced is that our web site orders have jumped 500 % causing our web site E commerce processing larger Deposits to BANK OF AMERICA ..Well, this through up a huge RED Flag with Bank of America . So they decided to hold the deposits for further review , meaning that the orders/payments that were coming in through the web ,( being paid by the customer and that were shipped out by American Spirit Arms ),the BANK was keeping (UNDER REVIEW )..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 …

HER EXACT WORDS WERE … ..” WE BELIEVE YOU SHOULD NOT BE SELLING GUNS and PARTS ON THE INTERNET “

(Excerpt) Read more at ironicsurrealism.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: 666; banglist; bankofamerica; boa; dumbbitch; guncontrol; guns; secondamendment; sourcetitlenoturl
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Full title:

OUTRAGE! BofA Freezes Licensed Gun Manufacturer’s Deposits “We Believe You Should Not Be Selling Guns On The Internet”

1 posted on 01/06/2013 12:21:38 AM PST by lowbridge
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To: lowbridge

Lawsuit


2 posted on 01/06/2013 12:23:39 AM PST by onona (KCCO)
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To: lowbridge

This crap is getting out of control.


3 posted on 01/06/2013 12:24:03 AM PST by SIDENET (I've drawn my line in the sand.)
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To: lowbridge

And sharpen your nails.


4 posted on 01/06/2013 12:24:43 AM PST by onona (KCCO)
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To: lowbridge

That is coming directly from Obama.


5 posted on 01/06/2013 12:25:08 AM PST by Vince Ferrer
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To: Vince Ferrer

bofa gives illegals credit cards with no social security numbers. those stories were documented and posted here.


6 posted on 01/06/2013 12:28:59 AM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: Vince Ferrer
That is coming directly from Obama.

Exactly.
They took Obamabucks bailout, right?
7 posted on 01/06/2013 12:29:31 AM PST by RandallFlagg ("Liberalism is about as progressive as CANCER" -Alfonzo Rachel)
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To: lowbridge

I don’t know why any conservative would deal with the BofA. They’ve been the financial thugs of the Democrats, for at least five years.

I would make use of a good lawyer to get your money out of that bank, pronto, and get your to a better bank.


8 posted on 01/06/2013 12:30:08 AM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: SIDENET

Almost all banks lay in fear of an investigation over money-laundering. You’d look at an account that suddenly jumps up and is covering a large substantial amount of cash that it typically didn’t cover before....red flag. This might anger folks, but the reality is that money-laundering is a big mess in the US, and we made stupid laws to go against it.


9 posted on 01/06/2013 12:33:05 AM PST by pepsionice
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To: lowbridge

Should have been laundering money for HSBC instead..


10 posted on 01/06/2013 12:33:48 AM PST by Fred (http://thebubblefilm.com/)
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To: lowbridge

It’s like this dude has never heard of BOA handing free accounts to illegal mexiclowns for the past 5 years. The board is comprised of obama ass-kissers who are pro-amnesty. And you can always search the forum archives with this bank and don’t be shocked at their shenanigans.


11 posted on 01/06/2013 12:34:01 AM PST by max americana (Make the world a better place by punching a liberal in the face)
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To: pepsionice

I might have accepted that excuse all the way up until the bank manager said, ”WE BELIEVE YOU SHOULD NOT BE SELLING GUNS and PARTS ON THE INTERNET.“


12 posted on 01/06/2013 12:37:44 AM PST by Casie (Chuck Norris 2016)
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To: lowbridge

B of A has always been a POS outfit. I’m not surprised.


13 posted on 01/06/2013 12:48:19 AM PST by BlessedBeGod
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To: lowbridge

Sue them.
Suck their freaking eyes out.


14 posted on 01/06/2013 12:48:55 AM PST by Lancey Howard
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To: lowbridge

Drudge needs to get this story.


15 posted on 01/06/2013 12:50:12 AM PST by Lancey Howard
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To: SIDENET

You ain’t seen nuttin yet!


16 posted on 01/06/2013 12:52:44 AM PST by chuckles
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To: lowbridge

1) breach of contract

2) sedition


17 posted on 01/06/2013 12:55:39 AM PST by verklaring (Pyrite is not gold))
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To: lowbridge
Bank of America goes anti-gun, says McMillan[April 2012]
18 posted on 01/06/2013 12:57:35 AM PST by Theoria
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To: lowbridge

This past year I closed my long time accounts with BOA AFTER I read about “corporate” BOA getting involved with supporters to repeal the 2nd Amendment..

I wish enough BOA customers would pull out to repeal “BOA”


19 posted on 01/06/2013 1:06:13 AM PST by 56newblog (Registered Islamophobe)
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To: lowbridge

And they wonder why some say “vote from the roof-tops”.


20 posted on 01/06/2013 1:33:47 AM PST by Lockbar (Quality Factory Loaded Ammunition-----The New Gold)
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To: SIDENET

>> This crap is getting out of control.

Either way, we’ll win.

The commie douche bags have no clue about the deep-seated roots Liberty has in North America.


21 posted on 01/06/2013 1:34:29 AM PST by Gene Eric (Demoralization is a weapon of the enemy. Don't get it, don't spread it!)
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To: pepsionice
all banks lay in fear of an investigation over money-laundering.

I would submit the opposite is true (imho). I would further submit those banks which are not involved in money-laundering are the exception, and not the rule, currently. Wachovia went down from money-laundering (though we were told something different), but that was one small blimp on the screen. Since Wachovia, the problem of money-laundering has become the general rule by which all banks play (imho), not that all activity by banks is illegal, but instead what was once consider illegal is now considered the norm. Money-laundering, I would submit, is considered the norm.

Next comes illegal freezing of assets of law-abiding citizens to force behavioral modifications. boa is the first red flag to achieving this end (imho), and is a new illegality which is now being considered as normal. The times, we live in, are in fact lawless times. The only things not taking place are what will take place. What will take place are the things which are an OUTRAGE. OUTRAGES start conflicts. Americans smell the signs of things to come and are preparing. Smell of things to come. Exercise of Second Amendment. Actions and reactions.

22 posted on 01/06/2013 1:35:28 AM PST by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: lowbridge
A few choice excerpts from Andrew Jackson's farewell address:

We are not left to conjecture how the moneyed power, thus organized and with such a weapon in its hands, would be likely to use it. The distress and alarm which pervaded and agitated the whole country when the Bank of the United States waged war upon the people in order to compel them to submit to its demands can not yet be forgotten. The ruthless and unsparing temper with which whole cities and communities were oppressed, individuals impoverished and ruined, and a scene of cheerful prosperity suddenly changed into one of gloom and despondency ought to be indelibly impressed on the memory of the people of the United States.

From its superior strength it could seriously injure, if not destroy, the business of any one of them which might incur its resentment; and it openly claimed for itself the power of regulating the currency throughout the United States.

The distress and sufferings inflicted on the people by the bank are some of the fruits of that system of policy which is continually striving to enlarge the authority of the Federal Government beyond the limits fixed by the Constitution.

useful reading for anyone trying to make sense of this mess we find ourselves in these days.

23 posted on 01/06/2013 1:38:31 AM PST by RC one (.From My Cold Dead Hands.)
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To: lowbridge

I don’t know who these guys are but, the bank has very strict laws and rules they operate under.

I have my suspicions about this story.

I sell to banks and have to comply with a whole host of issues.

Fishy.


24 posted on 01/06/2013 1:42:13 AM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: lowbridge

>> OUTRAGE!

I’ll begin to believe folks are really ‘outraged’ when they drop their Comcast subscriptions (e.g., Chris Matthews), change their bank accounts (this story), and get serious about promoting tough district candidates.

FWIW, I respect Disney, Comcast, Viacom, Gannet, etc., but don’t feel we’re obligated to support the depravity that too often hails from each of these corporate entities.

60 million voted for Romney. Heck, it would take only a fraction of that number to legitimately flip the Country back onto the path of Liberty.


25 posted on 01/06/2013 1:44:45 AM PST by Gene Eric (Demoralization is a weapon of the enemy. Don't get it, don't spread it!)
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To: lowbridge

SORRY. GONNA CALL THE ALLEGATIONS FALSE AND A MARKETING PLOY.

IT’S BALONEY.

FLAME SUIT ON.....


26 posted on 01/06/2013 1:48:16 AM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Vendome
I truly pray you are correct, but with obama and his crowd and the general mood of the citizenry and the citizenry's reaction and exercise of their Second Amendment rights (reaching the point of back-orders), am at a loss to know exactly what to believe, though do agree, fishy, or there is rot. From this corner, smell like rot.
27 posted on 01/06/2013 1:51:44 AM PST by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: no-to-illegals

I don’t think i’m wrong and hate to be so certain but, banks can’t do what this guy is saying.

Besides, they are only interested in making money. They service porn, and other sex businesses and drug businesses.

They have way too many accounts to single. out this one company.


28 posted on 01/06/2013 2:01:17 AM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Vendome

My problem, in viewing this, is the government. What is legal today, can be made illegal tomorrow. It is the way of government. Change the rules all the time, at any point in time, to attain the result desired. Have witnessed it before, as have you, probably. Sometimes the end result is a dictate or directive from a few to attain a result desired by a few, and the citizenry is none the wiser and remains unknowing. As I stated, I do not know what is taking place with boa. Maybe my best response is ... never mind, yet still, am smelling rot. The rot am smelling is from government. boa and banking as a whole is smelling fishing.


29 posted on 01/06/2013 2:12:34 AM PST by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: Vendome

I’m with you - this is bogus.

Strikingly similar to another “incident” “reported” in April 2012.

http://www.snopes.com/politics/guns/bankofamerica.asp


30 posted on 01/06/2013 2:13:50 AM PST by mn-bush-man
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To: Vendome

Gee.... Who makes the banking rules? Lemme think now. The illegals thing with BOA has screamed for years the banking system is set up to benefit those in power. Backroom deals with the Mexican Prez. Why wouldn’t these same rules be constructed to disarm America. Don’t even get me started on the banking relationship with the Fed. I might not be an economist, nor a banking industry expert... but I know a scam when I see it. Fed + bank= scam. If they are scamming with two things,it’s easy to guess they are simply deceitful.


31 posted on 01/06/2013 2:17:45 AM PST by momincombatboots (Back to West by G-d Virginia.)
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To: Jonty30

“I don’t know why any conservative would deal with the BofA.”
____________________________________________________________

While I now have nothing to do with ANY American banks, I do remember when BankOfAmerica came out with one of the first universal credit cards back in the 60s.
The BankAmericard was my first credit card, followed by MasterCard. I guess the BOA cards are now Visa?


32 posted on 01/06/2013 2:46:17 AM PST by AlexW
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To: All

BofA has been horrible for decades!!


33 posted on 01/06/2013 3:09:17 AM PST by Drago
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To: Vendome

“GONNA CALL THE ALLEGATIONS FALSE AND A MARKETING PLOY.”

Marketing ploy?

What would he have to gain by making up false allegations and risk being sued out of business by BOA?

It’s not like he’s some little upstart company trying to generate business. Most, if not all manufacturers of AR type weapons are already a year behind and are not even taking new orders. I suspect that American Spirit Arms is in the same position as the larger manufacturers.

Time will tell and the details of this story will surface within the next few days. We should all wait for the facts to come out before calling BS.

http://www.americanspiritarms.com/


34 posted on 01/06/2013 3:21:38 AM PST by panaxanax
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To: lowbridge
“We Believe You Should Not Be Selling Guns On The Internet”

Freepers are absolute asinine clowns sometimes! This is a NORMAL bank procedure which is outlined in EVERY disclosure the bank gives out required by the gov't at the time of opening an account.

If the bank "thinks" something is happening unusual for your protection and theirs they investigate and can place extended holds on the account.

Simply what this manager meant, although badly worded is it may be criminal, or it's at least suspicious to sell firearms on the internet and they were going to investigate. Until then read your disclosure which you accepted the terms of when you open your account!

35 posted on 01/06/2013 3:34:58 AM PST by sirchtruth (Freedom is not free.)
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To: onona
Arguably the worst run bank in the U.S. Bank of America in name, but First Union in fact.

They need to cut this crap out and clean up their mortgage portfolio.

36 posted on 01/06/2013 3:39:04 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: sirchtruth

“This is a NORMAL bank procedure which is outlined in EVERY disclosure the bank gives out required by the gov’t at the time of opening an account.”
__________________________

It’s not a new account. His company has been dealing with BOA for ten years.


37 posted on 01/06/2013 3:42:29 AM PST by panaxanax
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To: sirchtruth

“This is a NORMAL bank procedure which is outlined in EVERY disclosure the bank gives out required by the gov’t at the time of opening an account.”
__________________________

It’s not a new account. His company has been dealing with BOA for ten years.


38 posted on 01/06/2013 3:46:16 AM PST by panaxanax
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To: panaxanax
It’s not a new account. His company has been dealing with BOA for ten years.

It doesn't matter! Banks have red flag systems in place for certain specious activities and when one of those flag raises they HAVE TO, REQUIRED BY BANKING LAW, investigate the activity...It's that simple.

Again, READ the FUNDS DISCLOSURE!

39 posted on 01/06/2013 3:53:08 AM PST by sirchtruth (Freedom is not free.)
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To: onona

I’m gonna go with this is a BS article...


40 posted on 01/06/2013 4:03:12 AM PST by SECURE AMERICA (Where can I sign up for the American Revolution 2013 and the Crusades 2013?)
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To: BlessedBeGod

BOA, GE, AARP, google, all in the tank and on the government extortion list.


41 posted on 01/06/2013 4:05:00 AM PST by ronnie raygun (Being Breitbart)
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To: SECURE AMERICA

Agreed. This vanity/article/whatever is bull. Fearmongering is not what needs to happen right now. We need clear and concise fact. Obinga and his minions are doing quite enough without people going ape on bouncy tales. Oh, and upthread: sedition? Ummmm...no.


42 posted on 01/06/2013 4:28:55 AM PST by 98ZJ USMC
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To: no-to-illegals

> What is legal today, can be made illegal tomorrow. It is the way of government. Change the rules all the time, at any point in time, to attain the result desired

The only power any government has is the power to crack down on criminals. Well, when there aren’t enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. - Ayn Rand

The more corrupt the state, the more it legislates. – Tacitus

No man’s life, liberty, or property are safe while the legislature is in session. – Mark Twain (1866)

A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money. – G. Gordon Liddy


43 posted on 01/06/2013 4:42:32 AM PST by jsanders2001
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To: BlessedBeGod
B of A has always been a POS outfit. I’m not surprised.

Agreed. B of A was the first company on my lifetime boycott list. Anyone on FR who does business with them needs to close all B of A accounts.

44 posted on 01/06/2013 4:43:08 AM PST by Pollster1 (Freedom is never more than one generation away from extinction. - Ronald Reagan)
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To: Pollster1

“Well, this through up a huge RED Flag with Bank of America”

Editing is your friend. Think the author meant “threw”.


45 posted on 01/06/2013 4:52:58 AM PST by EQAndyBuzz (Want freedom? Think WWRRD? Then do it.)
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To: Secret Agent Man

Yes, I remember! Loans to illegals. Bank of Amigo. I will never bank with them.


46 posted on 01/06/2013 4:56:24 AM PST by FES0844
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To: lowbridge

Let me see if I remember the order of takeovers. irst it was Barnett Bank which turned into NCNB (North Carolina National Bank) whicj turned into BofA. I think there were a few in between does anyone remember from the Florida area?


47 posted on 01/06/2013 5:11:45 AM PST by Blue Highway
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To: jsanders2001
Thank you for the thought, though my quote deserves NOT to be in the company any one of those you quoted, much less all four. Most kind of you, ntl.
48 posted on 01/06/2013 5:16:08 AM PST by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: lowbridge

BofA has robbed a legitimate business. If they can do it to one they can do it to all. If anyone has deposits in a Bof A they should pull them immediately...if they can.


49 posted on 01/06/2013 5:23:08 AM PST by pepperdog ( I still get a thrill up my leg when spell check doesn't recognize the name/word Obama!)
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To: lowbridge; All

B of A can be liberal now because of all the government business and money they handle

This is just Gun Control Nazi nonsense. This arms manufacturer needs to sue the hell out of a B/A...and Business Socialists need to step back


50 posted on 01/06/2013 5:26:13 AM PST by SeminoleCounty (Fiscal Conservatives are Neither)
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