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View Full Version : GE Capital cuts off lending to gun shops




Lucille
04-24-2013, 04:11 PM
Do the bidding of those who give you power and wealth. It's what fascists do.

BOYCOTT GE
http://www.theburningplatform.com/?p=53007


Jeff Immelt and Obama are butt brothers. Two can play this game. GE has decided they don’t support the 2nd Amendment. Gun owners and supporters of the 2nd Amendment can exercise their 1st Amendment rights, while they still exist, to not buy one fucking thing produced or sold by GE or its partners.

They make crappy goods anyway.

Here is a list of major retailers that use GE Capital for their private label credit card provider. Boycott them or call them to complain about GE Capital. Let’s make Jeff’s life miserable.

[list at the link]

GE Capital cuts off lending to gun shops
http://www.marketwatch.com/story/ge-capital-cuts-off-lending-to-gun-shops-2013-04-24-151034512

General Electric Co. is quietly cutting off lending to gun shops, as the company rethinks its relationship to firearms amid the fallout from the school shooting in Newtown, Conn.

This month, Glenn Duncan, owner of Duncan’s Outdoor Store in Bay City, Mich., said he received a letter from GE Capital Retail Bank in which the lender said it had made “the difficult decision” to stop providing financing services to his store. Other gun dealers have received similar notices.

GE is at least the second big financial firm to retreat from the gun business following the school shootings, which claimed the lives of 20 first-graders and six adults in December.

Days after the killings, private-equity firm Cerberus Capital Management LP said it would try to sell the gun company it owns — Freedom Group Inc. — which makes brands including Remington, Bushmaster, Marlin and H&R.

The moves highlight how companies, closely attuned to the concerns of investors and employees, have reacted to public horror caused by the attacks, even as complicated political considerations doomed new gun-control legislation in the Congress.

Many of the 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.

green73
04-24-2013, 04:12 PM
Hilarious, since GE makes shitloads being a merchant of death.

Anti Federalist
04-24-2013, 04:14 PM
Hilarious, since GE makes shitloads being a merchant of death.

Weapons for the ruling class, Mundane...not weapons for YOU!

paulbot24
04-24-2013, 04:14 PM
"Days after the killings, private-equity firm Cerberus Capital Management LP said it would try to sell the gun company it owns — Freedom Group Inc. — which makes brands including Remington, Bushmaster, Marlin and H&R."

Considering how profitable these brands are, this ought to be an entertaining "crisis of conscience" to watch them go through. Grab the popcorn.

Anti Federalist
04-24-2013, 04:15 PM
The "private" will tyrannize you just as fast as government will.

HOLLYWOOD
04-24-2013, 04:29 PM
Hilarious, since GE makes shitloads being a merchant of death.Hilarious, since GE Capital was bailed-out by the taxpayers AND

from 2002 to 2012 General Electric's effective corporate welfare rate of tax was just: 3.16%

After the Fascist Bailouts and corporate tax welfare, guess there's more for Obama's former chairman of Council of Economic Advisers, GE's CEO Jefferey Immelt ... advising Washington to put more in his pockets? Immelt's payouts: $50 million in the past 2 years. U.S. FASCISM & CORPORATISM on STEROIDS

PS: So, is this Obama's/Immelt's new route to gun control? Use his Fascist-Corporatist state to cut off funding to businesses?

Czolgosz
04-24-2013, 04:35 PM
ffs, you gonna convince King George or start a new place w/ a new contract? It's the only way.

Anti Federalist
04-24-2013, 04:37 PM
ffs, you gonna convince King George or start a new place w/ a new contract? It's the only way.


Humanity is repugnant to freedom.

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