Posts Tagged gun business

Democrats’ Backdoor Gun Control

From The Federalist:

President Biden and his elitist allies in woke banks and investment firms know that severe restrictions on Second Amendment rights aren’t possible given the current composition of the Supreme Court, thanks in large part to President Trump. So they are turning to other tactics instead, most of which aren’t being covered by the press, to get the job done. It’s working.

For more than a decade, investors, banks, and other financial institutions have been dragging U.S. corporations toward the full adoption of environmental, social, and governance (ESG) standards, posing a significant threat to the long-term survival of the firearms industry.

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Russian Ammo Ban Is An Attack On American Gun Owners

From Reason:

If you’re ideologically committed to a course of action, like imposing restrictive policies, it’s frustrating when the people you want to hurt refuse to cooperate. It’s even more aggravating when some of the folks on your side lose faith and start doing the things you don’t like. If you’re clever and unwilling to compromise, you might then find a backdoor way to impose your will and, incidentally, prod your allies into line. By all appearance, that’s what we’re seeing with the Biden administration’s ban on imports of ammunition from Russia, an important source for America’s tight ammo market.

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Armslist Sues Big Tech For Deplatforming

From The Truth About Guns:

Armslist LLC and owner Jonathan Gibbon recently filed a lawsuit against Facebook and Instagram over the social media giants’ decision to suspend Gibbon’s personal and business accounts in January, 2020.

According to the lawsuit, Gibbon and Armslist Marketing Director, Andrew Varney III, were “targeted” because of “their conservative and libertarian political views,” Trib Live reported.

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Gun Sales Slowing

From Bearing Arms:

“You can’t sell what you don’t have, so sales haven’t been as brisk in the last few months as it was last year, simply because of inventory levels,” said Mark Peltier, a gun salesman at Dunnellon Jewelry & Pawn, in Dunnellon, Florida. “A lot of guns are unavailable and unobtainable.”

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The Coming FFL Crackdown

From NRA-ILA:

According to the president and his ever-obliging attorney general, a “crackdown” is coming on America’s federally licensed gun dealers (FFLs), with “zero tolerance” for allegedly illegal behavior. While no decent person – least of all the NRA or its members – supports arming dangerous criminals, a recent case from Texas provides disturbing hints as to what this policy might look like in practice.

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Biden Targets FFLs

From The Truth About Guns:

The Justice Department will announce a new “zero tolerance” policy to revoke the federal licenses of firearms dealers who willfully violate gun laws, senior administration officials said. That includes actions such as selling a gun to someone who is prohibited from possessing one, failing to do a background check on gun purchasers or falsifying records.

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If You Need A Job, The Gun Industry Is Hiring

From Forbes:

Gun companies have been hiring thousands of workers throughout the coronavirus pandemic, riding an unprecedented swell in gun sales and bucking a steep overall decline in manufacturing employment in the U.S.

The publicly traded leaders in the industry said they’ve ramped up hiring during the pandemic to try and meet the record demand for guns and ammunition, which has outstripped the industry’s manufacturing capacity.

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CNN On The Changing Politics Of Guns

From CNN:

Several studies show most womenLGBTQ and Asian Americans, and an overwhelming majority of Black Americans, tend to vote for Democrats. Women and Black Americans were also the driving forces behind a 40% surge in first-time gun buyers through the first four months of 2020, according to the National Shooting Sports Foundation, a firearms trade group that tracks and analyzes gun sales across the country.NSSF spokesman Mark Oliva said his organization believes many of those first-time gun buyers are Democratic voters.

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The Ammo Shortage Could Last Another 2 Years

From The Reload:

As store shelves lie barren and prices for the most popular ammunition hover at two, three, or even five times their pre-pandemic levels, manufacturers said they are still scrambling to bring enough product to market. They said they are still working through several years’ worth of orders that have already been placed.

“On certain products, we are certainly seeing backlogs that stretch out two years and beyond,” Brett Flaugher, president of Winchester Ammunition, told The Reload. “For those who shoot 9mm and 5.56 ammunition, which are both in high demand, it’s very uncertain how long it will be before people will consistently have ammunition readily available.”

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Troy Industries Moves to Tennessee From Massachusetts

From Guns.com:

Springfield, Massachusetts-based Troy Industries is leaving the anti-gun Commonwealth for friendlier digs down south in the Volunteer State. 

The nearly 20-year-old gun, magazine, and accessory maker announced this week that it will relocate its headquarters and manufacturing plant to Clarksville, Tennessee. The $7.2 million move will begin this June and will offer 75 new jobs in the Montgomery County area. 

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Remington Reopens NY Facility

From Syracuse.com:

The Remington Arms factory in the Herkimer County village of Ilion has reopened, eight months after its previous owner closed the plant and laid off more than 700 workers.

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NY Targets Gun Makers For Liability

From Politico:

New York lawmakers are mounting an effort to open gun manufacturers and distributors up to civil liability suits.

“It would be the first bill of its kind in the country, and would be incredibly important to reestablish norms of gun industry accountability,” said David Pucino, an attorney at the Giffords Law Center, a national gun control advocacy group.

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Texas Law Could Oust Bank of America and Citi From State

From Bloomberg:

The legislation, Senate Bill 19, would block government entities from contracting with banks and other financial services providers that have policies that restrict business with the firearms industry. Under the bill, companies with 10 employees or more seeking a government contract worth at least $100,000 would have to verify in writing that they do not have a policy or directive that “discrimina

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Smith & Wesson Sales Boom

From WBUR:

In the latest quarter, the company sold more than 600,000 guns and accessories — a quarter of a billion dollars worth of weapons. That represents a doubling of sales from a year ago, the company’s third consecutive record-breaking quarter.

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Wyoming Targets Anti-Gun Banking With New Law

From Bearing Arms:

Laws like these need to be replicated throughout the land. Since the federal government has done little to offer up the proper protections to industry members from being discriminated against, freedom oriented states are stepping up to the plate and swinging for civil rights. How Operation Chokepoint has not been subject to a RICO level scrutiny escapes me, as well as the continued chill since the formal dissolution of the program. The fact of the matter is these practices are illegal, as they are creating different classes of people and businesses, refusing to serve “those people”.

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