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Posted: 1/6/2013 12:02:34 AM EDT
<header class="entry-header"> OUTRAGE! BofA Freezes Licensed Gun Manufacturer’s Deposits "We Believe You Should Not Be Selling Guns On The Internet”</header>  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 "  |
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Posted: 1/6/2013 12:03:30 AM EDT
[#1]
The fuck?
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Posted: 1/6/2013 12:04:00 AM EDT
[#2]
Quoted:
<header class="entry-header">
OUTRAGE! BofA Freezes Licensed Gun Manufacturer’s Deposits "We Believe You Should Not Be Selling Guns On The Internet”</header>http://www.ironicsurrealism.com/wp-content/uploads/2013/01/American_Spirit_Arms_r1_c1.jpg
On December 29, the owner of American Spirit Arms; Joe Sirochman relayed this chilling news via Facebook: <a href="http://www.americanspiritarms.com/blog/wp-content/uploads/2012/03/Guns-Feature.pdf" target="_blank">http://www.ironicsurrealism.com/wp-content/uploads/2013/01/american-spirit-arms-featured-in-guns-magazine.jpg</a> American Spirit Arms was featured in the Feb 2012 issue of Guns Magazine. Click to read article.
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 "
They need to press suit right fucking now under interference in interstate commerce. Use the liberals favorite clause against them! |
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Posted: 1/6/2013 12:04:02 AM EDT
[#3]
They needed to make rent this month
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Posted: 1/6/2013 12:04:26 AM EDT
[#4]
LOL.
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Posted: 1/6/2013 12:05:39 AM EDT
[#5]
I would tell her to kick rocks and gimme my monies
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Posted: 1/6/2013 12:06:55 AM EDT
[#6]
bad on ASA for using Bank O'merica
but still I hope karma pays BOA a visit |
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Posted: 1/6/2013 12:07:36 AM EDT
[#7]
 
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Posted: 1/6/2013 12:09:29 AM EDT
[#8]
Are there any banks that aren't major shit sandwiches nowadays?
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Posted: 1/6/2013 12:10:34 AM EDT
[#9]
He should press a suit on BOA for that.. they're directly interfering with his livelihood, and that's fucked up.
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Posted: 1/6/2013 12:13:02 AM EDT
[#10]
Man, do we really still live in America? This sounds like something out of a bad dream, or Europe.
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Posted: 1/6/2013 12:19:51 AM EDT
[#11]
I really, really hate these smug, arrogant, politically correct Socialist Engineers.
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Posted: 1/6/2013 12:21:33 AM EDT
[#12]
I take this story at face value.
Those miserable, illegal alien coddling, tax money soaking, no good, low down, egg sucking, shit stain mother fuckers! Where in the fuck do they get the authority to freeze perfectly legal customer transactions based on what they "believe"? I demand that RustedAce issue a fatwa against BoA immediately! I wish I had an account with those no good cocksuckers so I could fucking close it. Piss on BoA, I hope they fucking burn in Hell! |
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Posted: 1/6/2013 12:25:40 AM EDT
[#13]
I hope karma pays BOA a visit It already did, but we gave em 700 billion dollars which i guess is the exact amount that counter-acts karma! |
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Posted: 1/6/2013 12:29:25 AM EDT
[#14]
FUCK BofA!! As shitty as thier stuff is, it makes me want to buy something from ASA as soon as they get some other bank lined up. |
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Posted: 1/6/2013 12:34:35 AM EDT
[#15]
Another vote for FBOA.
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Posted: 1/6/2013 12:43:29 AM EDT
[#16]
Why the fuck are they even doing business with one of the worst banks in the country? Fuck BoA.
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Posted: 1/6/2013 12:44:03 AM EDT
[#17]
WTF is wrong with people these days?
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Posted: 1/6/2013 1:10:50 AM EDT
[#18]
Bank of Amerika
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Posted: 1/6/2013 1:14:55 AM EDT
[#19]
Didnt BoA do something similar once before or has this Neva been dun bafoe
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Posted: 1/6/2013 1:16:35 AM EDT
[#20]
Quoted:
Didnt BoA do something similar once before or has this Neva been dun bafoe They were issuing credit cards to illegals with stolen SSNs, as well as other assorted illegal alien supporting and abetting. |
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Posted: 1/6/2013 1:25:54 AM EDT
[#21]
Quoted: Didnt BoA do something similar once before or has this Neva been dun bafoe http://dailycaller.com/2012/05/10/bank-of-america-responds-to-anti-gun-claim/ Bank of America Responds To Anti-Gun Claim3:54 PM 05/10/2012 Bank of America came under fire for expressing desire to terminate their relationship with McMillan Firearms. The Daily Caller has obtained a letter from Bank of America to Lawrence Keane, General Counsel of the National Shooting Sports Foundation regarding the bank’s relationship with firearm manufacturers in general. Bank of America cannot discuss a specific account due to privacy reasons but Anne G. Pace, writing on behalf of Bank of America, states "I want to assure you and your organization that we do not have a policy that would deny banking services to entities because they are in the firearms industry.” Pace goes on to write "We honor the rights and freedoms provided for in the U.S. Constitution and its amendments, including the Second Amendment.” Further investigation has shown that Bank of America is the credit card provider for Bass Pro Shops, a national firearms retailer.  |
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Posted: 1/6/2013 1:26:55 AM EDT
[#22]
BOA shit on my forehead in 2005. It didn't even have shit to do with guns. "Too big to fail". Thanks Barry.
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Posted: 1/6/2013 1:28:37 AM EDT
[#23]
Close the account and do business with a local bank. I'm quite sure Central Arizona Bank would LOVE to have their business.
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Posted: 1/6/2013 1:31:02 AM EDT
[#24]
Quoted:
They needed to make rent this month Plenty of local banks that would rather have that income... |
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Posted: 1/6/2013 1:31:27 AM EDT
[#25]
Un-fucking-believable.
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Posted: 1/6/2013 1:32:38 AM EDT
[#26]
You know the story about the Obama admin planning to use corporations to help it's anti-gun agenda...
Wouldn't going after the banks that serve firearms companies be a very strategic move in their part? |
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Posted: 1/6/2013 1:33:59 AM EDT
[#27]
So where should I take my money Monday morning after I close my BofA account?
I was thinking Chase, just because I have a friend who works there. How bad are they? I know a credit union is probably my best bet. |
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Posted: 1/6/2013 1:39:09 AM EDT
[#28]
JP Morgan Chase is up there with BOA too. Go to your local credit union.
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Posted: 1/6/2013 1:42:24 AM EDT
[#29]
Supposing this "Manager in the right department" did say exactly what it says she said, that does not mean that she was relaying useful information about corporate policy.
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Posted: 1/6/2013 1:42:24 AM EDT
[#30]
Chase will put it in your ass just as bad. Either a small bank you can talk to the president or a credit union.
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Posted: 1/6/2013 2:04:18 AM EDT
[#31]
I'd venture to guess that this was nothing more than a self important busy body middle manager spouting off her own personal opinions.
Not saying BOA should get a pass. Just sayin.
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Posted: 1/6/2013 2:27:08 AM EDT
[#32]
Quoted:
So where should I take my money Monday morning after I close my BofA account? I was thinking Chase, just because I have a friend who works there. How bad are they? I know a credit union is probably my best bet. My recommendation is to find a local small community bank. Credit unions don't pay income tax. Which is why I prefer a small community bank. Of course, these days, small can still mean over a billlion $ in assets. My bank has 100 million $ in assets, and meets all my needs. |
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Posted: 1/6/2013 2:31:00 AM EDT
[#33]
Quoted:
Quoted:
So where should I take my money Monday morning after I close my BofA account? I was thinking Chase, just because I have a friend who works there. How bad are they? I know a credit union is probably my best bet. My recommendation is to find a local small community bank. Credit unions don't pay income tax. Which is why I prefer a small community bank. Of course, these days, small can still mean over a billlion $ in assets. My bank has 100 million $ in assets, and meets all my needs. Why does it matter that credit unions don't pay income tax? do you mean their employees don't pay or the company's profits are not taxed? |
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Posted: 1/6/2013 2:33:46 AM EDT
[#34]
Chase has been good to me as far as "evil" banks go. They've stopped fraud from going through twice already which would have fucked my vacation over the holiday had the transaction gone through. It's also nice to have a chase nearby almost everywhere I go.
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Posted: 1/6/2013 2:36:17 AM EDT
[#35]
Seems like I had a credit card with them years ago (not sure these days).
Anyway, if folks here feel strongly enough about that kind of BS write bank of america, explain whay you are cancelling your credit card account(s) with them and then cancell. The ony conscience a corporation has is profits. Hurt their profits, they'll change what they are doing. Hurt their profits bad enough, the stockholders will toss out the douchebags in charge at the next stockholders' meeting. |
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Posted: 1/6/2013 2:36:38 AM EDT
[#36]
Quoted:
Didnt BoA do something similar once before or has this Neva been dun bafoe Yea it was a while back. can't remember the details |
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Posted: 1/6/2013 2:42:57 AM EDT
[#37]
McMillan had a similar problem earlier this year. BoA claimed in response that they are firearm friendly.
http://dailycaller.com/2012/05/10/bank-of-america-responds-to-anti-gun-claim/ |
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Posted: 1/6/2013 2:46:17 AM EDT
[#38]
Why does it matter that credit unions don't pay income tax? do you mean their employees don't pay or the company's profits are not taxed?
I don't like income taxes, but if that is the way that we are going to finance gov't, then I prefer to do business with a bank which does pay income taxes. Employees of credit unions do pay income tax on their wages. The credit union itself does not. It is a personal preference of mine. By no means am I trying to tell you what to do. That is your choice. My choice is a small community bank. I know exactly what their income tax liability is. Credit unions can provide good service. I would use a credit union, if one were available to me, before I would use a huge bank. My preference is for a small bank. I can talk to the president of that bank if I have to. Some of us may need a large bank to take care of our needs, and I understand that. As long as I can, I will use a small community bank. |
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Posted: 1/6/2013 2:48:41 AM EDT
[#39]
Quoted:
Why does it matter that credit unions don't pay income tax? do you mean their employees don't pay or the company's profits are not taxed?
I don't like income taxes, but if that is the way that we are going to finance gov't, then I prefer to do business with a bank which does pay income taxes. This government needs no more financing. |
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Posted: 1/6/2013 2:53:45 AM EDT
[#40]
Large spikes in cash flows would trigger a review. Remember there is a huge Obamanation out there; he most likely spoke with a card carrying member who was not speaking for the company.
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Posted: 1/6/2013 2:56:12 AM EDT
[#41]
Don't forget, they did the same thing to McMillan. This isn't some one time, middle management screwup.
Posted Via AR15.Com Mobile |
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Posted: 1/6/2013 2:56:34 AM EDT
[#42]
Quoted:
I'd venture to guess that this was nothing more than a self important busy body middle manager spouting off her own personal opinions. Not saying BOA should get a pass. Just sayin. If that is the case, she's awfull fucking confident about shitting all over a client that is making her employer a shit ton of $$$....to make a personal point. I am calling BULLSHIT!!!!!! Even if it is, some bitch on a personal power trip, where is the direct oversight from higher up, that SHOULD have kicked in within hours of slapping ASA with the hold? Especially after the backlash from fucking over McMillan? Again, BULLSHIT!!!!!!!! Objectivity is always a good thing, but after the stench, and taste is confirmed, ya don't have to take another bite to figure out that it's BULSHIT! |
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Posted: 1/6/2013 2:58:12 AM EDT
[#43]
Who, in this day and age does not know better that to deal with BOA?
There are only those that have been fucked by BOA, and potential victims. |
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Posted: 1/6/2013 2:59:21 AM EDT
[#44]
Quoted:
Quoted:
Why does it matter that credit unions don't pay income tax? do you mean their employees don't pay or the company's profits are not taxed?
I don't like income taxes, but if that is the way that we are going to finance gov't, then I prefer to do business with a bank which does pay income taxes. This government needs no more financing. I completely agree with you. However, that is a battle to be fought in D. C., not where you do your banking business. I support lower tax rates. I would support repeal of the 16th amendment. Realistically, that is not going to happen. If I have a choice between a small community bank and a credit union, I am going to patronize the small community bank. |
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Posted: 1/6/2013 2:59:52 AM EDT
[#45]
Quoted:
Why does it matter that credit unions don't pay income tax? do you mean their employees don't pay or the company's profits are not taxed?
I don't like income taxes, but if that is the way that we are going to finance gov't, then I prefer to do business with a bank which does pay income taxes. Employees of credit unions do pay income tax on their wages. The credit union itself does not. It is a personal preference of mine. By no means am I trying to tell you what to do. That is your choice. My choice is a small community bank. I know exactly what their income tax liability is. Credit unions can provide good service. I would use a credit union, if one were available to me, before I would use a huge bank. My preference is for a small bank. I can talk to the president of that bank if I have to. Some of us may need a large bank to take care of our needs, and I understand that. As long as I can, I will use a small community bank. Credit unions pay no income taxes because they keep no profit. Profits are returned to members via higher interest rates on deposits ans discounts on loans. |
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Posted: 1/6/2013 3:00:32 AM EDT
[#46]
Bank of America needs to stop injecting its opinion on a lawful commercial transaction.
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Posted: 1/6/2013 3:01:24 AM EDT
[#47]
Quoted:
Large spikes in cash flows would trigger a review. Remember there is a huge Obamanation out there; he most likely spoke with a card carrying member who was not speaking for the company. He was speaking to an employee of the bank about a bank action, thus the person he spoke to was speaking for the company. |
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Posted: 1/6/2013 3:02:35 AM EDT
[#48]
Quoted:
McMillan had a similar problem earlier this year. BoA claimed in response that they are firearm friendly. http://dailycaller.com/2012/05/10/bank-of-america-responds-to-anti-gun-claim/ yea this was what I was thinking about |
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Posted: 1/6/2013 3:04:53 AM EDT
[#49]
When the storms Katrina and Ike hit our area the banks held our credit card deposits due to unusual activity, needless to say we were pissed.
One side of me understands it and part of me goes WTF, they know the situation of the storms and should be prepared for the activity. Now in his case I feel the manager was just mouthing off and she is wrong. Remember the golden rule? Those who have the gold make the rules. It just goes to show you how easy electronic banking makes seizing someone's funds. I have been moving my monies out as much as I can. |
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Posted: 1/6/2013 3:10:15 AM EDT
[#50]
Quoted:
Quoted:
Large spikes in cash flows would trigger a review. Remember there is a huge Obamanation out there; he most likely spoke with a card carrying member who was not speaking for the company. He was speaking to an employee of the bank about a bank action, thus the person he spoke to was speaking for the company. Technically you are right, but that does not mean that she was saying what the company policy was. The Obamatrons are everywhere. |
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