Bank of America shutting down arms manufacturing...

It makes sense if China has invasion plans..

Sounds like the PTB are trying to 'shut down' Armament Mfger's.

I have never cared for BANK OF AMERICA and NEVER done business with them.

Also followed the magazine Mfger there in Colorado.

Yesterday, journeyed to Okla City to State Capitol Bldg and watched a 2nd Amendment Rally.inside the StateCapitol.
Nathan Dahm spoke, along with others. Good rally.

Enjoyed to trip. Oklahoma's Capitol is just beautiful Marilyn. Huge painting of Will Rogers, Wiley Post, Sen. Bob Kerr, who , incidentally married my grand fathers secretary Grace Breene when my grand dad was engaged in the oil field equipment business here in Tulsa way before I was born...

Bob Kerr was a ' wild catter' oil man
He was later elected a Senator and was instrumental in developing m,any lakes in NE Oklahoma in the fringe area of the Ozark Mountains where our ' cabin' is located.

If you ever get to see the Capitol in OKC highly suggest you do so. It was started in 1915. Here I am 74 and had never been there...

I was 'impressed!!!

Don

On Fri, Apr 12, 2013 at 2:35 AM, Marilyn Barnewall <marilynwrites@bresnan.net> wrote:

This is very important. Bank of America is one of the biggest culprits in America's demise. I HOPE none of my Patriots are doing business with them. If you still are, this may make you want to reconsider......
GOD Bless
From Mark:

Where we do business matters...as much as where we don't.

McMillan Mfg in Phoenix , Arizona , was contacted by Bank of America and informed that they will no longer be allowed to use their services ( Bank of America ) because they are in the firearms business and support the second amendment.

McMillan Fiberglass Stocks, McMillan Firearms Manufacturing, McMillan Group International have been collectively banking with Bank of America for 12 years.

Today Mr. Ray Fox, Senior Vice President, Market Manager, Business Banking, Global Commercial Banking (Bank of America) came to my office.

He scheduled the meeting as an "account analysis" meeting in order to evaluate the two lines of credit we have with them.

He spent 5 minutes talking about how McMillan has changed in the last 5 years and has become more of a firearms manufacturer than a supplier of accessories.

At this point I int errupted 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."

"That is correct", he says.

I replied "That is okay, we will move our accounts as soon as possible. We can find a 2nd Amendment friendly bank that will be glad to have our business. You won't mind if I tell the NRA, SCI and everyone I know that Bank of America is not firearms-industry friendly?"

"You have to do what you must", he said.

"So you are telling me this is a politically motivated decision, is that right?

Mr. Fo x confirmed that it was.

At which point I told him that the meeting was over and there was nothing left for him to say.

I think it is important for all Americans who believe in and support our 2^nd amendment "right to keep and bear arms" should know when a business does not support these rights.

What you do with that knowledge is up to you. When I don't agree with a business' political position, I cannot, in good conscience support them.

We will soon no longer be accepting Bank of America credit cards as payment for our products.

I am fine with you re-posting it. . . . . . . . Thank for your support.

Kelly D. McMillan
Director of Operations
McMillan Group International, LLC623-582-9635623-582-9635

>
1638 W Knudsen Dr
Phoenix , Arizona 85027
McMillan Integrity-Global Vision

I urge all of my friends to do the same! If I could only get everybody to stand up for the Constitution of The United States we might not have this problem!

LOST YOUR HOME? FORECLOSURE VICTIMS CAN SUE

By Michelle Conlin

Fri Sep 14, 2012 7:04pm EDT

(Reuters) - The highest court in the state of Washington recently ruled that a company that has foreclosed on millions of mortgages nationwide can be sued for fraud, a decision that could cause a new round of trouble for the nation's banks. The ruling is one of the first to allow consumers to seek damages from Mortgage Electronic Registration Systems, a company set up by the nation's major banks, if they can prove they were harmed.
Legal experts said last month's decision from the Washington Supreme Court could become a precedent for courts in other states. The case also endorsed the view of other state courts that MERS does not have the legal authority to foreclose on a home.
"This is a body blow," said consumer law attorney Ira Rheingold. "Ultimately the MERS business model cannot work and should not work and needs to be changed."
Banks set up MERS in the 1990s to help speed the process of packaging loans into mortgage-backed bonds by easing the process of transferring mortgages from one party to another. But ever since the housing crash, MERS has been besieged by litigation from state attorneys general, local government officials and homeowners who have challenged the company's authority to pursue foreclosure actions.
A spokeswoman for MERS said the company is confident its role in the financial system will withstand legal challenges.
The Washington Supreme Court held that MERS' business practices had the "capacity to deceive" a substantial portion of the public because MERS claimed it was the beneficiary of the mortgage when it was not.
This finding means that in actions where a bank used MERS to foreclose, the consumer can sue it for fraud. If the foreclosure can be challenged, MERS' involvement would make repossession more complicated.
On top of that, virtually any foreclosed homeowner in the state in the past 15 years who feels they have been harmed in some way could file a consumer fraud suit.
"This may be the beginning of a trend," says Elizabeth Renuart, a professor at Albany Law School focusing on consumer credit law.
The company's history dates back to the 1990s, when banks began aggressively bundling home loans into mortgage-backed securities. The banks formed MERS to speed up the handling of all the paperwork associated with recording the filing of a deed and the subsequent inclusion of a mortgage in an entity that issues a mortgage-backed security.
MERS allowed the banks to save time and money because it permitted lenders to bypass the process of filing paperwork with the local recorder of deeds every time a mortgage was sold.
Instead, banks put MERS' name on the deed. And when they bought and sold mortgages, they just recorded the transfer of ownership of the note in the MERS system.
The MERS' database was supposed to keep track of where those loans went. The company's motto: "Process loans, not paperwork."
But the foreclosure crisis revealed major flaws with the MERS database.
The plaintiffs in the Washington case, homeowners Kristin Bain and Kevin Selkowitz, argued that the problems with the MERS database made it difficult, if not impossible, to determine who really owned their loan. It's an argument that has been raised in numerous other lawsuits challenging the ability of MERS to foreclose on a home.
"It's going to be very easy for consumers to say they were harmed because it's inherently misleading," says Geoff Walsh, an attorney with the National Consumer Law Center. If consumers can't identify who owns their loan, then they don't know whom to negotiate with, and can't even be certain of the legitimacy of the foreclosure.
In a statement, MERS spokeswoman Janis Smith noted that banks stopped using MERS' name to foreclose last year. She added that the opinion will "create confusion" for homeowners in the state of Washington while the trial courts consider its effect on pending cases.
Meanwhile, MERS is attempting to remake itself. The company has a new chief executive and a new branding campaign. In Washington D.C. federal lawmakers have recognized the need to create a national mortgage-recording database that would track all U.S. mortgages. MERS is lobbying to build it.
The case is Bain (Kristin), et al. v. Mortg. Elec. Registration Sys., et al., Washington Supreme Court, No. 86206-1.
(Editing by Dan Wilchins and Prudence Crowther)