There's more at the link, including this:Sniper rifle manufacturer alleges political bias by Bank of AmericaMcMillan International and its affiliates, based in Arizona, manufacture a variety of rifles and accessories, including highly regarding sniper rifles.
A reader called to my attention a Facebook post by McMillan alleging that Bank of America terminated its lending relationship for political reasons based on McMillan’s involvement with firearms manufacturing. The post is generating plenty of buzz at gun owner forums and Reddit.
At this point I interrupted him and asked “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 want my business.”While the Bank of America is free to do business with whom it wishes, the manner in which in this decision was communicated (and no doubt made) is very disturbing, as is the reason for the decision. Taking this logic, when will Bank Of America shut down any lines of credit for, say, automobile manufacturers, because they don't like cars?
“That is correct” he says
The anti-gun bias is crystal clear, making this an attack on our Constitutional rights. When might BoA (or other financial institutions) start pressuring their customers not to use their other rights?
There's more to come on this, I'm sure.
UPDATE: Consider the fact that the firearms industry is leading what little economic recovery we have. In that light, this move by BoA makes even less sense.