Boycott General Electric Products

Boycott General Electric Products

Posted in the Guns Forum

“O'er the land of the free ? ”

Since: Jan 09

Don't Tread On Me

#1 Apr 25, 2013
GE Capital Stops Lending to Gun Sellers
Text Size Published: Wednesday, 24 Apr 2013 | 4:57 PM ETJohn Carney By: John Carney
Senior Editor, CNBC.com


The financial unit of General Electric, GE Capital, is going to stop financing gun shops, according to a Wednesday report in the Wall Street Journal.

GE Capital actually began pulling away from this business back in 2008, when it stopped taking on new customers. Now existing customers, who were grandfathered in, are being sent letters saying that GE Capital is no longer in this business, according to the Journal.

This isn't exactly surprising. GE Capital is based right next to Newtown, Conn.

From the Journal:

GE is based in Fairfield, Conn., and many of GE's employees live around Newtown, and several have children in the Sandy Hook elementary school, where the shootings took place. Peter Lanza, the father of Sandy Hook gunman Adam Lanza, is an executive at GE Capital. GE Chief Executive Jeff Immelt held a town hall meeting with affected employees after the shooting, and the board has been updated on efforts to help staff, a person familiar with the matter said.

A GE Capital spokesman tells the Journal that the exit from gun financing was spurred by "industry changes, new legislation and tragic events."

There is some room to question how deep GE Capital's commitment to not financing gun sellers really goes. The company is apparently shutting down financing for stores whose primary business is gun sales. That means giant retailers like Walmart, which sells plenty of guns, won't be affected. The little guy loses out again.

Or maybe not. If the past is any guide, the latest news may only spur gun enthusiasts to purchase more guns. There are several independent companies that provide financing for gun purchases, including some that tout things like "No Credit Check Financing." You have to wonder if we're better off pushing gun financing out of GE Capital and into the shadows.

http://www.cnbc.com/id/100670026
Luke

Henderson, NV

#2 Apr 26, 2013
Time to take this gun issue back to the American people!!! We As People have the rights to bear arms. A Right passed down likewise the First ,We As People have the ultimate rights to exercise this here in America no Where else but Here!!! Tired of big corporation big government trying to mingle to all law abiding people.As Ex President Clinton told Obama not to touch this issue again and again but he keep bringing it back. I'm not going to support any corporation like GE or politicians that is going to mess my Rights . Time to voice my opinion as a little and hopefully it will create A Thunder to let all know we are Tired of this Now.Thank you to All the Big Crooks in Washington to let me know and Open my eyes you are the other side and Hoped you stayed away rot to Hell
Reality_Broker

Oklahoma City, OK

#3 Apr 28, 2013
ironic that they used to build Nuclear Weapons but won't finance gun sales or manufacturers. The succumbed to boycott/public opinion pressure in the 1980s and got "out" of that business "officially". Perhaps another boycott. GE makes a ton of cheap crap consumer appliances in China...and it will be quite some time before they bring it back to the US and get it spun up...and you KNOW it'll be Unionized meaning EXPENSIVE GE crap appliances. Your voice may not be heard over the rhetoric but you pocketbook speaks a ton.
Reality_Broker

Oklahoma City, OK

#4 Apr 28, 2013
...BTW. Both my wife and oldest daughter are alive today because of a personally owned firearm. Somehow many seem to feel that fact is meaningless when compared to the deaths of people from firearms. I really don't understand why death is more important than life.

They would be dead today if guns were banned for sure...and I'm not convinced they would have avoided that scenario if guns were banned as they were HOURS away from law enforcement help....

“O'er the land of the free ? ”

Since: Jan 09

Don't Tread On Me

#5 Apr 28, 2013
Reality_Broker wrote:
ironic that they used to build Nuclear Weapons but won't finance gun sales or manufacturers. The succumbed to boycott/public opinion pressure in the 1980s and got "out" of that business "officially". Perhaps another boycott. GE makes a ton of cheap crap consumer appliances in China...and it will be quite some time before they bring it back to the US and get it spun up...and you KNOW it'll be Unionized meaning EXPENSIVE GE crap appliances. Your voice may not be heard over the rhetoric but you pocketbook speaks a ton.
Extremely well said.

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