"2nd Amendment ALERT!!! I just called Bank of America... you have to hear this!"

[Anti Federalist]

I updated my post. The bank is unable to support her claim that there are any restictions by the bank on gun and ammo purchases according to the video in the OP.

OK, so I'm blind here in all of this, you says it says one thing, the OP says it says something completely different.

What is the gist of the conversation?

 

[TheGrinch]

I agree with you here, I'm keeping an eye on the comments as a lot of people are calling in to confirm.

Except he did confirm it, he just couldn't find any info on why, or if it was permanent or temporary.

However, yes, some confirmation from additional sources would be helpful.

 

[paulbot24]

Federal Reserve banking cartel
Criminal mismanagement cost to American taxpayers - 16 Trillion dollars
Same criminals guilting the American public for even more taxpayer money with TARP - 700 Billion
Criminals taking the "moral high ground" to finish off the enslavement of the taxpayers - Priceless

 

[TheGrinch]

OK, so I'm blind here in all of this, you says it says one thing, the OP says it says something completely different.

What is the gist of the conversation?

1:30 - "I heard a rumor that Bank Of America is stopping purchases made with Bank of America cards on guns and ammo, is that correct?"

"That's correct ma'am".

However, predictably that was the only information he could give or confirm, because my guess is the BoA execs are inviting Pedro in to debrief the public on why.

..

 

[Zippyjuan]

Except he did confirm it, he just couldn't find any info on why, or if it was permanent or temporary.

However, yes, some confirmation from additional sources would be helpful.

Thanks for pointing me to that portion. He did say correct but was unable to confirm that this was indeed the policy when he tried to actually look it up.

 

[ZENemy]

..

This!

well not the dots

 

[Zippyjuan]

http://www.kpho.com/story/20549134/valley-gun-manufacturer-boa-froze-funds-over-product

Valley gun manufacturer: Bank of America froze funds over product This is a major story out of phoenix,arizona and it is proven to be real.

Some info:
http://www.dailyfinance.com/2013/01/11/gun-manufacturer-bank-of-america-money-withheld/

In late December, Joe Sirochman, president of American Spirit Arms, took to the Internet, claiming that Bank of America illegally withheld his company's funds because of the nature of its business. On his company's Facebook feed, Sirochman wrote that the bank put holds on payments for guns it sold through his e-commerce site. When he called to investigate why the deposits were being delayed, he alleges, he was eventually told by by a bank representative: "We believe you should not be selling guns and parts on the Internet."

Citing client confidentiality concerns, Bank of America refused to discuss Sirochman's specific case on the record. However, a bank spokeswoman noted that -- like most financial institutions -- Bank of America often flags atypical transactions, including major surges in deposits or withdrawals.


That description certainly fits the circumstances of the American Spirit Arms case. Sirochman acknowledges his company has experienced a massive surge in gun sales over the past few weeks, noting that "dealers [have been] selling out of inventory, manufacturers [have been] backlogged for months." His company has been no exception: Sirochman estimates that American Spirit Arms has had a "500 percent increase in website orders" -- the kind of activity that would be likely raise red flags at Bank of America.

So that explains the delay in clearing those deposits, but what about Sirochman's claim that Bank of America is unfairly (and illegally) targeting the gun business? While the spokeswoman, again, would not comment directly on Sirochman's case, she did note that it's common for a bank representative to contact a customer who is displaying unusual account activity. What is not common is for a bank employee to comment on the ethics of a customer's business, and, as yet, there seems to be no evidence that the exchange Sirochman cites actually occurred as described.

As for Sirochman, his account -- and the surge in firearm sales -- reflect a growing concern among America's pro-gun faction about the possibility that the federal government is finally moving forward on increased gun restrictions. As I've noted in other articles, despite a previous lack of any serious moves in that vein by the White House, the NRA and other pro-gun lobbying groups have long claimed that the Obama administration is eager to clamp down on gun owners. Ammo.net, an online ammunition store, last year referred to the president as "the greatest gun salesman in America."

 

[mad cow]

I have a pile of credit cards including a BoA Visa.I always pay off the entire balance when I get the bill,they are mostly for recurring payments and buying stuff online.

I had not used this card in a while or have any monthly/annual payments on it ,so,for bookkeeping purposes,I used it for a series of recent ammo purchases from 5 different online ammo dealers with no problems.
I just got my bill,$3,492.37,all of it for ammo,and I will have thousands on next month's bill.
I ordered ammo as recently as 2 days ago without issue.

 

[RoyalShock]

I have a pile of credit cards including a BoA Visa.I always pay off the entire balance when I get the bill,they are mostly for recurring payments and buying stuff online.

I had not used this card in a while or have any monthly/annual payments on it ,so,for bookkeeping purposes,I used it for a series of recent ammo purchases from 5 different online ammo dealers with no problems.
I just got my bill,$3,492.37,all of it for ammo,and I will have thousands on next month's bill.
I ordered ammo as recently as 2 days ago without issue.

When the caller in the OP video says "stopping purchases" and the BoA rep confirms, it may actually mean they are not remitting payment to the retailers. That is what's happening with the other linked article about the online gun/ammo merchant. So the consumer may not have any trouble making a purchase, but BoA may withhold funds from the retailer. How they can get away with billing the consumer, yet withholding funds from a merchant without evidence of fraud or illegal activity is beyond me.

 

[satchelmcqueen]

heres the deal.... even if the laws to ban weapons and ammo dont get passed (which they will), people need to realize that the government is ran by the mega corporations. this is corporate sanctions on guns and weapons.

unfuckingbelievable!!!

 

[mad cow]

All of the ammo on this month's bill and thousands of dollars worth of ammo on next month's bill has already been delivered.
I don't think they would have shipped it if they hadn't got paid.

 

[Reason]

I smell bullshit.

 

[DamianTV]

I smell bullshit.

Let's say for a second this is for real...

How is it legal for BofA to get to decide that they are not going to "allow" a person to purchase something that is legal? There are a lot of idiots in the world that think that our Govt tells the Banks what they can and can not do, when in reality, its the exact opposite. Banks and Corporations control the Govt. Now (again, assuming this is real) if this isnt a warning that something big is going to soon happen, I dont know what else is. Hell, even when it happens, I am sure that the idiots that think that there was never a Banking Coupe de Taut will continue to believe that the Govt (subordinate of the Banksters) has our best interests in mind.

 

[paulbot24]

Just the fact that we are debating whether this is a reality tells us we are already subjects under tyrannical rule. All we are doing now is speculating on the extent of the current tyranny. If the Constitution was still relevant and applicable, all of us would be laughing at the idiocy of the idea.

 

[adisongrace]

This is just tyranny. I have no pleasant words for these banker scum.

 

[UWDude]

They already did this to wikileaks on nothing more than disagreement with the organization's politics. It's not like it is out of the realm of possibility.

 

[Lord Xar]

nvm

 

[DamianTV]

Corporate Law now has as much power over consumers as Government Law.

 

[Anti Federalist]

Corporate Law now has as much power over consumers as Government Law.

Yup...

 

[Zippyjuan]

Story is old and was false to begin with. http://www.snopes.com/politics/guns/bankofamerica.asp Jump to about 8:45 for the phone to finally be answered.



Or their Facebook Responce:

https://www.facebook.com/BankofAmerica/posts/341835649204011

We want to let you know that we hear your comments and questions regarding one of our customers. While we cannot discuss the details of any individual client we work with, we can assure you the allegations being made here are completely false. Bank of America does not have a policy that prohibits us from banking clients in this industry. In fact, we have numerous, longstanding customers in the industry.
We are also extremely proud of our support of the US military and reject any assertion to the contrary. We count as clients many companies that provide for our nation's defense. We employ thousands of veterans, Guardsmen, and Reservists, and plan to increase our hiring this year.