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The finger on the invisible hand

Gay Banks May Have Problems

Tuesday, December 06, 2005

(SNN Colorado Springs) Christian group Focus on the Family is dumping its banker Wells Fargo for promoting a "pro homosexual agenda." Last Thursday, the group told their followers about the move.

The group cited support of a media campaign fund for GLAAD

The group cited support of a media campaign fund for GLAAD, The Gay and Lesbian Alliance against Defamation. The group released a a fund-raising campaign onto the Internet with the Wells Fargo logo. Wells Fargo officially said that they did not approve the advertisement.

This plan presents a conundrum to followers of Focus on the Family. Wells Fargo is a result of over 2000 mergers, and their fingers probably reach farther than anyone actually realizes. Many members of Focus on the Family may find that their own mortgages are owned by Wells Fargo, forcing them to turn to America's other large mortgage lenders, which are also all gay. However, it is possible that Ameriquest home mortgage is only going through a stage.

Wells Fargo pointed out that the bank sponsored many nonprofit organizations

In its defense, Wells Fargo pointed out that, in addition to GLAAD, the bank also sponsored many nonprofit organizations found more suitable by Focus on the Family. Focus on the Family shot back that Wells Fargo had gay sex in its parking lot.

James Dobson, Focus on the Family's chairman, told group followers that Wells Fargo was part of a larger trend in which "gay and lesbian activist groups have picked off all the big companies in the United States." This once again proves how damaging it can be to a person to conceal their sexuality.

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