Friday, May 1, 2009

Will Obama Manage The Firearms And Ammunition Industries Next?

We keep waiting everyday to see stories that the Obama induced run on buying guns, magazines, and ammunition has stopped, or even slowed down. It hasn't. It doesn't even seem to be on the foreseeable horizon. When is that article coming? Apparently no time soon. You can find 3 or 4 stories every day lamenting the lack of guns and ammunition and continuing runs on them.

If you visit your local shooting range you will even probably see that there may be fewer regular target shooters. They are holding on to what they have. But, there are many new gun purchasers who are sighting in. Its getting to expensive to shoot like we used to do.

One ammunition supplier representative has said that his company's production line is running 24/7. He said they might catch up in 8 or 9 months. But on the upside, they have been hiring. Give Obama credit for job creation. Its still a good time to buy stock in Olin, S&W and Ruger. But, gun stock will take at least a temporary plunge with a new AWB.

Ammo can be found if you look hard enough. Dunhams, a 12 store sporting goods chain stretching from South Dakota to Pennsylvania, has ammunition. And, you will pay dearly for it. Surplus Ammunition prices are up 500% and more, and a common AK47 clone will now run $600.00 to $700.00.

With Obama's elbows up to his ears running corporations, let's sarcastically hope Obama doesn't "reluctantly" decide to manage the gun and ammunition business. He's "reluctantly" running Car manufacturers and banks, but take heart. He said this week that, "You know, I don't want to run auto companies. I don't want to run banks." Right. What part of your life does he not want to run?

While with one hand Obama says he has no interest in intervention in our gun ownership, with the other hand he pushed ratification of the "Inter American Convention Against The Illicit Manufacturing Of And Trafficking In Firearms, Ammunition, Explosives, And Other Related Material" treaty while visiting Mexico. That treaty has been stalled for ten years. He is at it again.

With this western hemisphere treaty and the UN Protocol Against the Illicit Manufacturing of and Trafficking in Firearms, Their Parts and Components and Ammunition in the crime venue, which would regulate guns worldwide, gun owners have their hands full.


The Mechanic said...

Somewhere in Kenya, there's a village missing their idiot!

Anonymous said...

Maybe we could offer them "international Aide" to take him back!!!

Steve Thomas said...

Somewhere in Kenya, there's a village missing their idiot!

Heh, heh! Were it only so. Unfortunately, B.O. is dipstick like a fox. He has been very succesfull so far at destroying the freedoms we take for granted. Hopefully the military, who takes an oath to protect this nation from enemies both foreign and DOMESTIC, will soon do their duty and throw this a-hole into GITMO where he belongs.

Anonymous said...

He should be tried for treason, for talking down the country in foreign lands while we are at war.