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GE Halts Financing for Firearm Retailers as Gun Lenders Vanish

Posted on 04/25/2013 2:36:19 PM PDT by Red in Blue PA

Can only post the link as it is Bllomturb material.


TOPICS: News/Current Events
KEYWORDS: awb; banglist; geguns; guncontrol; gundealers; gunfinancing; gunsales; gunsaleslist; gunshoplenders; obama; reallyold; secondamendment
http://www.bloomberg.com/news/2013-04-25/ge-halts-financing-for-firearm-retailers-as-gun-lenders-vanish.html?cmpid=yhoo
1 posted on 04/25/2013 2:36:19 PM PDT by Red in Blue PA
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To: Red in Blue PA

If we operated in a truly free market there would be other lenders rushing in to fill the void. As it is, it wouldn’t suprise me if in the future lenders are prohibited by law from financing gun dealers.


2 posted on 04/25/2013 2:41:29 PM PDT by clintonh8r ("Europe was created by history. America was created by a philosophy." Baroness Thatcher)
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To: clintonh8r

Could we get crowdsourcing platforms just for gun manufacturers and their suppliers going?


3 posted on 04/25/2013 2:42:52 PM PDT by tbw2
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To: Red in Blue PA

I sense a business opportunity.


4 posted on 04/25/2013 2:45:12 PM PDT by Defiant (If there are infinite parallel universes, why Lord, am I living in the one with Obama as President?)
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To: Defiant

I own stock in gun comapnies presently and would gladly invest in companies which are viable and profitable.


5 posted on 04/25/2013 2:46:20 PM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: tbw2

Gun dealers would seem to be a pretty good credit risk right now. Either the manufacturers will carry their financing or other enterprising creditors will. F GE. They’re in 0bama’s pocket anyway (via Immelt).


6 posted on 04/25/2013 2:47:30 PM PDT by clintonh8r ("Europe was created by history. America was created by a philosophy." Baroness Thatcher)
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To: clintonh8r

Any self-respecting lover of the 2A would sell any shares they had in GE....or any other comapny which acts this way.


7 posted on 04/25/2013 2:49:55 PM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: Red in Blue PA

Does GE have some inside information about politicians taking the attack on guns and ammo through the back door by going after companies that finance manufacturers?

Remember - GE is a fuly owned Obama Flunky operation so they would be the first to know.


8 posted on 04/25/2013 3:00:17 PM PDT by Iron Munro (Welcome to Obama-Land - EVERYTHING NOT FORBIDDEN IS COMPULSORY)
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To: Red in Blue PA

Seems to me this is a discriminatory restraint of trade by GE Finance.


9 posted on 04/25/2013 3:05:06 PM PDT by Zuben Elgenubi
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To: Defiant
I sense a business opportunity.

Ferengi Rules of Acquistion

6. Never allow family to stand in the way of opportunity.
9. Opportunity plus instinct equals profit.
103. Sleep can interfere with opportunity.
148. Opportunity waits for no one.
157. You are surrounded by opportunities; you just have to know where to look.
204. When the Grand Nagus arrives to offer you a business opportunity, it's time to leave town until he's gone.
215. Instinct without opportunity is useless.

10 posted on 04/25/2013 3:09:28 PM PDT by ASA Vet (Don't assume Shahanshah Obama will allow another election.)
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To: Red in Blue PA

So let me see if I have this right, if a bakery refuses to make a wedding cake for a gay wedding the justice department gets involved. But bankes can descriminate against a constitutionally allowed commercial venture and that,s patriotic. ooookaaay. Upsidedown world.


11 posted on 04/25/2013 3:17:57 PM PDT by VTenigma
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To: Red in Blue PA

Total NICS background checks

Full numbers here.

With the demand for firearms, ammo, and accessories I'm sure other banks will be more than happy to fill the gap.
12 posted on 04/25/2013 3:28:35 PM PDT by Jack Hydrazine (IÂ’m not a Republican, IÂ’m a conservative! Pubbies haven't been conservative since before T.R.)
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To: tbw2

There is an idea with legs...get the ownership in the hands of regular folks...


13 posted on 04/25/2013 4:18:34 PM PDT by ptsal (E)
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