The only sales the Obama administration are stimulating…

… are at the gun store.

Talk of a possible ban on assault weapons has dealers and buyers scrambling.

A few days after Attorney General Eric Holder mentioned that the Obama administration would like to make some gun-related changes, including reinstituting a ban on the sale of certain types of assault weapons, local gun dealers are seeing a boost in sales. Holder would not specify when he expected any legislation to move forward, but the comment was enough to empty shelves.

Noted firearms expert and commentator Massad Ayoob had a few observations on the recession and firearms.  For starters, they make a good investment…

Shortly before the Clinton Ban, I bought a bunch of Glock .40 fifteen-round magazines for about $11 apiece. Shortly after the ban became law, such magazines were selling for as much as $100 each. Should a President Clinton or a President Obama get their way, any magazine holding more than ten cartridges may well become illegal to manufacture for public sale, as before.”

And…

Yes, that can represent a substantial cash investment, but guns tend to hold their values well. Some even appreciate, and that is definitely true once they are “banned” by some meaningless, feel-good, Yuppie legislation. I bought my Steyr AUG “assault rifle” for about $600 in the late 1980s. They were going for $3000 by the end of the Ban period.”

Given that gold has had seen down sessions in a row, maybe we should look to Glock, instead…

Posted in

Dave in EH

3 Comments

  1. Dimsdale on March 4, 2009 at 7:32 am

    Sometimes, the unintended consequences are the best…..

    I think I will head out and make a purchase myself, while I still can!  You never know when ACORN might come around for a home invasion!



    • Wyndeward on March 4, 2009 at 4:54 pm

      If you know what to look for, you can find some decent deals.

      Cabela's have a few interesting firearms that I lack the technical base to play with — obsolescent toys in calibers that require either buying ammunition from boutique manufactures or hand-loading.  Hoffmans was pretty good last time I was in, but it has been a bit — ymmv.

      Besides, for defending the home, nothing beats a pump-action 12 gauge:

      1)  The intruder can't say he didn't see it, as has happened in with matte-black wonder-nines.

      2)  The business end looks like a naval cannon.

      3)  Lastly, the only people who don't know what the chambering a shot shell on a pump gun sounds like either live under rocks or are deaf.



    • Dimsdale on March 5, 2009 at 5:28 am

      I could not agree more!  I already have a Mossberg 500 Persuader 12 ga. that has a chamber racheting sound that makes grown men soil their underwear!  Regular guns need to be seen, but that sound carries throughout the house.

      Never having to fire a shot is a nice way to avoid attention from the nanny state.



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