Bank of America Drops Gun Manufacturer Account: Politically Motivated

Filed in Gather Politics News Channel by on April 20, 2012 0 Comments

Bank of America, recipient of over 100 billion dollars in the tax-payer funded bailout, has made the decision to terminate the account of the McMillan Group International due to their gun-manufacturing activities.

Bank Branding | Exterior Bank Upgrade | Bank of America by I-5 Design & ManufactureAccording to a story by PJMedia, this is the third time that the behemoth bank has “implemented a discriminatory policy against gun manufacturers,” and states that “McMillan rifle stocks are the standard for the Marine Corps’ favored M40A3 sniper rifle.” Their products are used by US forces and allies around the world.

In a statement from the McMillan Group posted on Facebook, Kelly D McMillan claims that Mr. Ray Fox, Senior Vice President, had scheduled a meeting with her for an “account analysis.” The McMillan Group has been banking with the bank for 12 years.

According to Kelly’s account, Fox proceeded to speak at length about the group’s gun manufacturing activities, when Kelly interrupted him, saying, “Can I possibly save you some time so that you don’t waste your breath? What you are going to tell me is that because we are in the firearms manufacturing business you no longer what my business.” Fox responded with “That is correct.”

Kelly’s Facebook Post continues, “When I don’t agree with a business’ political position I can not in good conscience support them. We will soon no longer be accepting Bank of America credit cards as payment for our products.” Apparently the feeling is mutual.

Bank of America has been the target of the anti-capitalist Occupy Wall Street movement, it seems as though they are alienating people on both sides of the political arena.

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