Reports are already coming in that gun sales are booming after the re-election of Barack Obama, with gun manufacturers seeing their stocks soar as the Obama administration moves to ramp up gun control efforts via the United Nations.
ABC 57 visited a gun store in Indiana the day after Obama’s victory and reported a “very busy post-election day” at Midwest Gun Exchange, adding that “business is booming” due to fears that Obama will use his lame duck term to ban certain types of weapons.
“Throughout the industry, other dealers are talking about having sales increases because of people mindful and kind of wondering what will happen, if it is going to happen,” said employee Rocco Rigsby, adding, “They are fearing things are going to get banned, so they are coming in and taking a look to see what their options are and to see what is available.”
Going by Twitter comments, gun stores across the country were also busy in the aftermath of Obama’s election success.
“Working at a gun shop the day after Obama gets re-elected… Lets just say it was a busy day,” wrote Emily Shepherd.
“Busy day at my gun store today. Lot of AR rifles being sold. Not quite mad rush type but people are worried,” added Larry Gordon.
“Busy day today at the gun store! Best thing Obama has done/will do is help gun sales!,” commented Ben Watkins.
As we highlighted yesterday, stock prices for gun manufacturers Smith & Wesson and Ruger went parabolic at the start of trading – ending the day up 10 per cent and almost 7 per cent respectively – despite the Dow Jones Industrial Average plunging as much as 369 points at one stage.
Before the election, gun store owners were already describing Obama as “the best gun salesman we’ve ever had” after a sustained spike in sales over the last four years.
Just hours after Obama secured victory, his administration threw its support behind a renewed effort to push the United Nations Arms Trade Treaty, which many gun rights activists fear represents an end run around the second amendment.
“It’s obvious that our warnings over the past several months have been true,” said Alan Gottlieb, founder and executive vice president of the Second Amendment Foundation. “The election was called about 11 p.m. Tuesday and by 11 a.m. this morning, we got word that the United States was supporting this resolution. We have to be more vigilant in our efforts to stop this proposed treaty.”
In addition, California Senator and perennial gun control advocate Dianne Feinstein pre-empted Obama’s re-election by preparing a new “assault weapons ban” which “would ban pistol grips and “high-capacity” magazines, eliminate any grandfathering and ban sales of “weapons in possession,” according to Shooting Wire.
President Obama indicated during the presidential debates that he would pursue an assault weapons ban, which second amendment activists see as merely the first step towards wider gun control regulation.
Obama also indicated that he would attempt to eviscerate the right to keep and bear arms during a White House meeting with gun control advocate Sarah Brady last year. During the meeting, Obama told Brady he was working “under the radar” on new gun control policy. Brady added that Obama assured her gun control was “very much on his agenda.”