Tuesday, September 6, 2011

Was Obama's election a secret plot by gun manufacturers and gun store owners?

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Of course, I am joking, but gun sales went through the roof in 2009 and haven't slowed down yet. It must really make liberals burn to finally elect an anti-gun President and have gun sales skyrocket.
...In the time since he took office, gun sales have soared. The government doesn’t track individual sales. But the FBI criminal background check required to purchase a gun is considered a reasonable proxy, and these have hit record numbers each year Obama has been in office. This year, they’re on track to surpass 15 million for the first time.

Ruger has done especially well. Since Obama’s inauguration the company’s stock price has risen more than 400 percent, making it a better investment than gold, which is up 113 percent. “They’ve been outstanding in offering new products, especially in the concealable handgun segment,” says Jim Barrett, an analyst at CL King who tracks the gun industry and rates the company a “strong buy.”

Analysts anticipated a brief jump in firearm sales after the election as many gun owners, fearful that a new Democratic President would move to ban assault weapons, fortified their home arsenals. “Initially, what spiked were the tactical rifles, the stuff Rambo might use,” says Barrett. As a result, 2009 was “a blockbuster year.”

So was 2010. And so is 2011... Keep on reading...

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