Gun industry having heyday on Obama’s watch (When black guy is president, lots of racist whites buy lots of guns)
Like I keep saying, I will reserve my judgement of America in general after the election but it does not look good, y’all……
Gun industry having heyday on Obama’s watch
By EILEEN SULLIVAN and JACK GILLUM
Published Sunday, Oct. 21, 2012, at 7:44 a.m.
Updated Sunday, Oct. 21, 2012, at 8:03 a.m.
WASHINGTON — President Obama has presided over a heyday for the gun industry despite predictions by the National Rifle Association four years ago that he would be the ‘most anti-gun president in American history.’ Gun buyers fear that Obama wants to restrict their purchases, especially if he is re-elected.
An analysis by The Associated Press of data tracking the health of the gun industry shows that sales are on the rise, so much that some gun manufacturers can’t make enough guns fast enough. Major gun company stock prices are up. The number of federally licensed, retail gun dealers is increasing for the first time in nearly 20 years. The NRA is bursting with cash and political clout. And Washington has expressed little interest in passing new gun laws, despite renewed calls to do so after recent deadly shootings in Colorado and Wisconsin.
Obama has proposed no new gun control legislation and doesn’t have the support in Congress even if he decided to. During this week’s presidential debate, Obama suggested renewing a U.S. ban on assault weapons and coming up with an overall strategy to reduce violence, but both Obama and Republican presidential nominee Mitt Romney said the government needs to enforce gun laws already on the books.
‘The driver is President Obama. He’s the best thing that ever happened to the firearm industry,’ said Jim Barrett, an industry analyst at C.L. King & Associates Inc. in New York.
But the gun lobby says the success of the industry does not indicate that Obama is good for Second Amendment rights.
‘This is the most dangerous election in our lifetimes,’ NRA CEO Wayne LaPierre said in February, a point he’s made regularly during the NRA’s campaign to defeat Obama.
The NRA stands by its 2008 predictions that Obama would be anti-gun.
‘Gun owners and hunters fear that a second Obama administration with no future political campaigns to worry about will try to destroy this great American freedom,’ NRA spokesman Andrew Arulanandam said.
Read more here: kansas.com