If I had a Bank of America account, of any kind, I’d close it and let them know it’s because of this apparently ridiculous, arbitrary action. Joe, the owner of American Spirit Arms, represents himself very well in this interview with Megyn Kelly, during which she also reads Bank of America’s response. Watch the whole thing, and come to your own conclusion. I was appalled.
An American gun manufacturer claims Bank of America froze his account over objections to his company selling arms online. So far, it’s a one-sided story on Facebook which quotes a bank manager saying, “We believe you should not be selling guns and parts on the Internet.”
According to a post by American Spirit Arms owner Joe Sirochman, because of a 500 percent surge in gun purchases his e-commerce website has been “processing larger deposits to Bank of America . . . So they decided to hold the deposits for further review.”
American Spirit Arms most likely benefitted as gun shops and gun shows across the U.S. saw a recent surge of people seeking ammunition and high-power assault weapons, triggered by fears that certain guns will be banned and ammunition heavily taxed in the wake of the school shooting in Newtown, Conn.
“As you could imagine this made me furious,” Sirochman said in his Facebook post. “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.'”