Thursday, April 25, 2013

So now GE decides

To stop doing any financing of gun shops and gun manufacturers. 

Hey, it is their money....Ge Capitol can decide who they lend it to. Free enterprise and all that. I actually have no issue with them deciding to stop providing financing for anything related to guns. I actually believe that they have the right to do so.

However, just like Bank Of America, we have the right not to do business with them. Choose not to feed the beast.

(I just a few months ago pulled $450K worth of credit card processing from BoA and moved to another CC processor when they bought the CC processor I was using...)

Choose who you finance things through. If you have something financed through GE Capitol or BoA, move that loan to another bank or finance company.

Don't use any in-store credit card that is handled by or financed by either of these companies. (IIRC, at one time Bass Pro Shops in store credit card was handled by GE capitol.) I believe that Home Depot and Circuit City as well as Best Buy are also processed by Ge Capitol (My info may be out of date as I don't use any of these in store cards any more),

Be aware that some auto loans are also done by both BoA and GE. Nearly half of the "No interest for a year" loans are too.

Take the time to find out who processes or finances any loans you have. Starve the beast. You also have the right to determine who gets your money...who has the privilege of charging you interest.

If you move a loan, write them (GE or BoA) a letter and explain why. Express your displeasure at their business choices.

Just as a point of information: Jeffrey Immelt, CEO of GE, is a VERY VERY good friend of and crony of Barry Soetoro.....

I am sure that there is no connection to GE's choice to stop funding anything related to firearms.

1 comment:

Karl said...

I'm late to the game. I didn't know I could sell my guns and grenade launchers to Mexican cartels. And now you're telling me I can buy guns on credit?