Bank of America banning gun and ammo purchases?

[h2]

Originally Posted by M.F. Mall Cop

Is that even legal for a bank to prohibit you from buying something with your own money?

Technically, once you put your money in a bank.....it's no longer yours. You're loaning it to the bank in hopes that they will protect it and when you're ready to take it out of the bank (by whatever means) you're hoping the bank has the funds to cover their loan. Why do you think the FDIC exists? Because if a bank goes belly up, by creating the FDIC, the Government has "insured" your loss up to $250K. Now, let's think for a minute....IF a bank, like BofA, who is now essentially owned by the government and the bloated, fake credit markets that exist now days, goes under and the government has to cover that loss....where is that money going to come from? How does the government make money? Getting my point yet? It's the biggest theft ring imaginable, and no one seems to want to admit it.

Moral of the story....don't put your money in a bank that you don't OWN. Find a credit union.