Banks closing accounts
by TONI H - 1/8/13 11:06 AM
of gun manufacturers........BofA is the first to be made public about this action. There are other banks and other mfrs in the same boat; however, one gun company refused to give their name or the name of their bank because they fear reprisals if they go public about it.
The speculation (operative word here) among some news commentators is that because the banks took bailout money, even if it had been paid back, the administration 'owns' them and have put pressure on the banks to take this action as a step toward gun control. Since the banks are literally at the mercy of the administration regarding regulations they can toss in their direction, they are bowing to the 'king'........