Skip to comments.Bank of America Freezes Gun Manufacturer's Account, Company Owner Claims
Posted on 01/07/2013 12:44:50 PM PST by neverdem
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.(emphasis added)
Sirochman also wrote that he told the bank manager that they have no right to make up their own new rules and regs and that [American Spirit is a] firearms manufacturer with all the proper licensing.
He also noted that he has been doing business with Bank of America for over 10 years, but will now be looking for a new bank.
According to Unlawful News, 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.
If this is not proof positive that, should conservatism/Constitutionalism wane and liberalism reign, the US would be under tyrannical despotic rule, then I don’t know what is...
Time to close my BOA account.
If this is true, then of course he should sue them into oblivion. But as I posted last week, I believe the Obama regime is doing everything possible behind the scenes to go after gun manufacturers and those associated with it.
Who runs BofA? Obama loving cronies.
My wife worked for Seafirst bank in Seattle that was bought by BA. She worked there 32 years. She was terminated along with 300 other employees in her department around the USA by a phone conference. She had enough time to retire and did that. Plus she got the buy out package. But, she hated BA. They screwed all the SF employees and changed all the programs they had for pay, retirement, 401k etc to benefit them (BA). She was happy to retire and leave.
n a Facebook post dated December 29, Sirochman wrote the following:
Let’s see - Spirit Arms has orders go up 500% while BofA won’t survive if ever off the gummint nipple. I’ll have to go to Spirit Arms to see if they have anything I need.
If anyone can’t see that we are headed to a barter society, then they have their head buried 10 feet in the sand.
Prosperity Bank or Frost Bank in Texas will be happy to have American Spirit’s account. Bank of America just settled a $10 billion payoff to the government. Who wants to trust that specious outfit with their cash?
I worked for Rainier Bank, then Security Pacific, in Seattle. And in a very high position - just not high enough to get the golden parachute...experiences your wife had are very similar to mine....
I believe BofA should not be using taxpayer money to cover their toxic derivatives.
Closed all my BA accounts (and explained the why to them) the last time they did something like this.
I wonder when we’ll start seeing the gun-enthusiast-only drinking fountains and waiting rooms.
Will there come a day when conservatives will be indicted and mocked for “passing liberal?”
How did they break the law? (And if they did, was it even a just law in the first place?)
Dear Bank of America, we would like to test your twenty dollar bills for traces of cocaine. - DEA
Would have to say the mocked and mocking part began many years ago. The indicted part cannot be too far down the road, if not already begun. Who would mention it in the media, if has begun?
Check the Telegraph. The Brits will find out about it before we do.
We don’t treat al Queda this way. :(
Not to be a wise arse, but why did you not close it years ago when they very publicly announce they would give credit cards to illegal aliens? I demanded my wife cancel all accounts and dealings with the bastards then.
“Will there come a day when conservatives will be indicted and mocked for passing liberal?”
Maybe I’ll stop showering (OWS disguise).
If anyone doubts me, I’ll just poop on their car.
Knew you would come through with the truth. British news over American news. Who would have thunk? 007 wins again?
“My wife worked for Seafirst bank in Seattle that was bought by BA. She worked there 32 years. She was terminated along with 300 other employees in her department around the USA by a phone conference.”
I just had the same thing happen to me less than two weeks ago. I have 31 years in with a Fortune 50 company...our jobs are going off to India and we have to train our replacements.
America no longer has a market economy — it’s closer to corporate fascism. Big Business + Big Government = Screw the American worker (especially if you are an American white male over age 50).
Excuse me if I seem jaded...but I am, watching what has happened to America generally and myself specifically.
Welcome to the world of America’s current scapegoats - OWGs (Old White Guys). This is not going to end well.
yep, they need to find a new bank
The Leftists are attacking on all fronts.
Perhaps ALL gun owners should do the same.(even if 15% of us did this, it would be quite effective)
Gun owners should SHUN the liberal gun grabbers on a personal and individual level. For example, lets say you are a gun owning house painter or landscaper. Someone known to you that supports gun bans calls you to have work done and you turn them away, denying them your service, and you tell them why. If they ran into this from ALL gun owners, their lives would quickly turn miserable! Bank of America couldn’t care less if we were to boycott them, HOWEVER, if all gun owners were to shun the folks working there, I’d bet the farm their attitude would change in a hurry!
Sure, there will be a certain amount of financial sacrifice that comes along with this, but it’s worth it, IMO. I’ve already put my money where my mouth is and did it a couple of times back in 2008. I do computer work ‘on the side’, and two of my clients were 0bama lovers(they drank the koolaid, bigtime). For one of them, their office called me for support, and I advised them of their situation(I had no ongoing agreement with them). The other was a doctor’s office for which I had an agreement. I advised the doctor that owned the practice that his contract would not be renewed, due to his support of 0bama. (oh God, he was NOT happy). That one cost me thousands, but it was worth it!
Everyone needs to do this!
I have noticed that suddenly resale shops, Goodwill, and St. Vincent de Paul are flourishing around here — in this affluent neighborhood.
Goodwill took over a Sears Hardware Outlet in September, and there hasn’t been a parking space open since. Seriously. The parking lot is jammed from morn to night.
I think ASA’s site is being over-run. It won’t come up.
BOA in my town Catered to the Latino crowd!
I had a $20.00 check written to me for services.
Had to go to my truck to get 2 more proofs of ID
to cash this customers check!
Mexican lady in front of me had a 2 party check for $500.00
No Id! I mentioned this to my customer she closed her account!
She had told me of selling her land for 12 million!
...the White House is developing strategies to work around the National Rifle Association that one source said could include rallying support from Wal-Mart and other gun retailers for measures that would benefit their businesses.
So it's just a coincidence that B of A begins behaving this way?
Thanks for the links.
My wife is already irritated with me. I have shunned darn near everyone, including some family. I don’t leave the house except for work and my teenaged son’s sporting events. I cannot stand to be around people I know are overtly killing the country. I even have started to miss church because I know some of the “fellow believers” who voted for abortion and socialism.
Sometimes you have to step back and look at what these actions are doing
Might be time to move. lol
1994 - Worthen is sold to Boatmen's Bancshares, a large St. Louis-based regional bank. Two years later, Boatmen's is sold to NationsBank, which in turn becomes Bank of America.
Real Estate Loan Controversy In 1994, columnist Jack Anderson reported that Stephanopoulos sealed an $835,000 commercial real estate deal consisting of a two-story apartment including an eyeware retailer with a below-market loan rate from a bank owned by Hugh McColl who had been called by President Clinton "the most enlightened banker in America". http://en.wikipedia.org/wiki/George_Stephanopoulos
The art of the deal.
BREAKING NEWS: CT School Shooter Killer Link To LIBOR SCANDAL
Libor scandal grows as the fathers of two mass murderers were to testify
Gunmans computers may be key in Connecticut school shooting investigation
Rupert Murdoch, Fox News Owner, Calls for Automatic Weapons Ban
Murdoch calls for automatic weapons ban
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"Gun-Control Group Changes Name, Keeps Agenda"
(and Bill is a contributor)
(more money for gun control from Gates and his father)
"Is Bill Gates a closet liberal?"
(Bill Gates for gun control, pro-abortion, etc.)
(Gates on gun control)
My wife felt the same way. She watched as her boss and 10 loan officers were canned. Then she lost from 15 employees which her department had to support her boss and the 10, go from 15 to 4. They stayed that way for a couple of years and then she and 3 got canned. One guy, the only newer one, they kept. He was low paid. Of all the people that worked in her section and the other 7 same type offices around the country, all total, about 85% of them were over 55 years old and had worked that section for 15 or more years. My wife actually was able to finally after 4 months get on with a very small bank near our home in WA state, but it was in trouble. We left WA state soon after that and came back to Alabama. A year or so after we left, that bank was taken over by the Feds. Glad she quit and we came home. Worked out best for us.
Shun them, shame them, abuse them.
I am getting used to actively doing theses things in all aspects in my life. It is against my nature, as it does make me appear to be mean. My latest act of meanness was at the grocery store about an hour ago. The woman ahead of me was having problems with her EBT card (Food Stamps) in the self-checkout line. She was complaining/giving crap to a high school kid working at the store and holding me up. (Amazing contrast by the way. A 17 year old, I know her, she goes to school and is friends with my daughter. She is working a job after school where she gets great grades. The food stamp woman was middle aged, fat, poorly dressed and completely illiterate ... Could not speak the American language if her life depended on it.)
This is the exchange that I had with her.
Me: "Shut your Obama loving pie hole and stop complaining, but before you do anything, say thank you."
She: "Say what?"
Me: "I said, 'say thank you.'"
She: "to who?", with her big fat lip sticking out.
Me: "To the person who is trying to help you, and to me."
She: "why you?"
Me: "because I am paying for your food stamps. Have you no shame?"
She shut up, but she didn't say thank you. Just what you would expect from one of Obama's people. At least she wasn't bothering my daughter's friend anymore.
Starve the beast. Stop using credit cards, use a local credit union if you need a bank account. Pay cash as much as possible. Support local businesses. Do as little business as possible with crony capitalists like Walmart, GM, Chrysler, GE, big insurance companies, all the big banks, etc..
Isn’t BOA one of the banks Obama bailed out? It’s a leftist organization and as such, it should be DESTROYED. (JMO) Instead, it will probably be propped up with OUR MONEY.
Gads, I hate this administration.
Screwing the masses is what leftists do best. And all the while pretending to be “for” the little guy. Too bad there are enough stupid voters in America now to not know any better.
Lemme guess. BofA has ARMED guards.
“I just had the same thing happen to me less than two weeks ago. I have 31 years in with a Fortune 50 company...our jobs are going off to India and we have to train our replacements. America no longer has a market economy its closer to corporate fascism. Big Business + Big Government = Screw the American worker (especially if you are an American white male over age 50). Excuse me if I seem jaded...but I am, watching what has happened to America generally and myself specifically.”
You have my sympathy; while stories like yours should have sunk Obama, I believe there may have been an undercurrent of support for him from people in your position that just assumed (in this economy) that they wouldn’t be working again for years (if ever, and even then probably not at their prior wage levels). Too many people know too many other people that have been screwed in this “global economy”, and it just doesn’t make sense that Obama would win. I guess nobody believed Romney could save their jobs either (and they’d probably be right).
The most alarming consequence of this whole economy is the drop of the taxpayers’ birthrate to 0 (excluding “takers” such as cops, teachers, etc. - I generally don’t classify them as taxpayers).