GE Capital is going to stop lending for guns

[brucaru]

yep ... just cut up me GE capital cred card and sent a letter to them saying stuff it. seems like they are not going to finance new gun shops to stop the purchasing of firearms to the citizens you would be surprised at how many of your store credit card are backed by GE capital take a look

 

[jetlagged]

I own stock in GE which has ton well for me but with this move I think it might be time to sell it and invest in a company with better business practices.

 

[sxs]

My biggest problem with this, as I understand it, is that GE capital had already been doing business with many gun related companies then SUDDENLY stopped. For a smaller business, this could wreak havoc to the point of crippling their business.

 

[JasonB]

I think Dick's store credit card is with GE.

 

[brucaru]

Dicks is backed by GE Capital

 

[3/2ACR Vet]

GE Capital Finance ceased providing consumer financing for new gun-shop customers in 2008, and recently extended the policy to existing customers. The decision affects fewer than 75 retailers, which GE says is about .001% of all gun retailers.


Bit late to the party guys.

 

[K31]

Dicks is backed by GE Capital

Or just the opposite.

 

[Faderhaus]

Dicks or GE?

Or just the opposite.

Ya know, it really doesn't matter when you're dealing with a bunch of "liberal Lemmings", now does it?

 

[EL1227]

It's all part of 'The Plan'

When you are beholdin' to the gov'mnt, you do as it tells you, especially if you got a bailout.

Gun Control Advocates Revel in Obama's Economic War on Guns

GE Capital Got $139 Billion Obama Bailout, Now Refusing to Lend to Gun Stores

Bank of America's back-door TARP

And with Comcast now invested in NBC (and MSNBC), look no further than an ideological soul mate in Obama's war in gun-rights.

 

[Johnthetoolguy]

I started boycotting GE years ago.
I got a job back in the mid 80's at their plant in Columbia. I left a decent job where I liked the people and the work just to make more money. They produced microwaves and stoves there.
Turns out they were just adjusting production schedules and after four months, I was laid off with 150 other people. Never heard back from them. They eventually (a few years later) closed that plant. So F them. I have never bought a GE product since then.