Most gun control schemes do little, if anything, to positively effect change in criminal trends. In fact, such schemes have largely proven to be economically illiterate attempts to restrict and regulate the private ownership of firearms. And examples of the bad economics of gun control just keep piling up. I know, I know: Not everything is about the bottom line; but when the bottom line suffers in a misguided attempt to forward useless gun bans, I think it starts to matter a little bit more. In the latest example of gun-control killing private businesses, Century International Arms is laying off 41 employees in Vermont, due to the Obama Administration’s “common sense” executive actions aimed at curbing “gun violence”.
Remember how the Obama Administration decided our Constitutional republic was a little too confining for his personal taste, and decided to start using a “phone and a pen” to effect change? Well, in the Administration’s imperial manner, Obama signed a number of anti-gun executive orders (because it’s such a hassle to get things done with the consent of Congress). One of those executive
decrees orders banned the importation of “military grade” weapons from overseas.
The term “military grade” conjures up images of RPGs, fully automatic M16s, and other tools of modern militaries across the globe. Apparently, the term also refers to antique firearms last used in the Korean War. World War II era M1 Garand rifles, from the Korean conflict, were set to be shipped back stateside and sold (through Century International Arms) to legal gun brokers and collectors. But now, with the importation blocked by our Anti-Gunner in Chief, as part of his “common sense” assault on the Second Amendment, Century Arms is forced to “recalibrate” its workforce.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 3rd, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 1st, 2014 | John Ransom