Oklacoyotekiller
Member
- Joined
- Jan 2, 2012
- Messages
- 167
I wont be buying any more ge products! LA times and cnn both have articles on ge stopping all loans to gun shops.
..as in sporting goods..or just in general?Yeah 2008. But today they cut off all loans to small gun only shops. Still loaning to dicks
What they are doing is not redlining. That is 100% false.My suggestion is to write the Atty General of your state and request that GE Captial be banned from doing in your state. What GE is dping is "red lining" businesses. Red lining is discrimantion and illegal.
GE also issues the CC for Sams Club. So if you have one I ask you to consider closing ypur account.
Yes it is. They are denying credit to people based upon a defined cultural, non financial characteristic. Its called discrimnation or "red lineing".What they are doing is not redlining. That is 100% false.
Sorry, but that is just not accurate. Redlining laws are designed to protect classes of people or businesses that serve people of a protected.class. Gun owners are not a protected class using the applied definition any more than a porn shop.Yes it is. They are denying credit to people based upon a defined cultural, non financial characteristic. Its called discrimnation or "red lineing".
I wont be buying any more ge products! LA times and cnn both have articles on ge stopping all loans to gun shops.
A porn shop would become a First Amendment case.Sorry, but that is just not accurate. Redlining laws are designed to protect classes of people or businesses that serve people of a protected.class. Gun owners are not a protected class using the applied definition any more than a porn shop.
Quote:
Originally Posted by Oklacoyotekiller
Yeah 2008. But today they cut off all loans to small gun only shops. Still loaning to dicks
..as in sporting goods..or just in general?
queen of thunder said:What GE is dping is "red lining" businesses.
queen of thunder said:Yes it is red lineing.
Red lining applies to protected classes. As mentioned earlier, gun owners are not a protected class. If it can be proven that the majority of legal gun buyers are black, women, American Indian, Hispanic, elderly, or any other protected class as defined by or government, then there could be a case for disparate treatment. We could even qualify for special treatment if that was the case - think senior discounts and minority programs.A porn shop would become a First Amendment case.
Yes it is red lineing.
I second the 'you need to google the term redlining.'A porn shop would become a First Amendment case.
Yes it is red lineing.
Redlining is the practice of denying or increasing the cost of services, such as banking.You really ought to google the definition of redlining.
It isdifferent. Minorities are a protected class. To be found guilty of redlining you have to be have discriminating practices against a protected class. For example, if i, as a banker, chose not to loan money or invest in businesses that serve minorities, or homosexuals, specifically because they are minorities or homosexuals, while loaning money to the rest of the masses fornthensame purpose, that would be considered redlining. Gun owners and gun businesses are not a protected class.Redlining is the practice of denying or increasing the cost of services, such as banking.
GE is denying banking/credit services to legally operated business based upon the fact that they sell guns. This is no different than denying a miniorty a mortage because of who they are and not on their ability to repay the loan. Its the same thing. It's redlining.