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The Economist: Soaring gun sales in Arizona - Planning for the worst

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friendly_iconoclast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 02:39 PM
Original message
The Economist: Soaring gun sales in Arizona - Planning for the worst
http://www.economist.com/world/unitedstates/displaystory.cfm?story_id=13788623



Soaring gun sales in Arizona
Planning for the worst

Jun 4th 2009 | PHOENIX
From The Economist print edition

Gun-owners are on the defensive

AT THE National Rifle Association’s 138th annual convention, held this year in Phoenix, Arizona, 65,000 people poured through the doors. They admired the fancy firearms, snacked on grilled buffalo and were happily recruited by shooting associations. Tom Power, of the Texas Gun Collectors Association, says membership has been soaring since Barack Obama took office. Bill Bachenberg, the owner of a shooting range near Allentown, Pennsylvania, has been registering 400 new members a month. “American gun-owners don’t trust this administration,” he says.

American gun sales surged after Mr Obama was elected president. He had a voting record of raising the tax on guns and ammunition by 500%, and, on top of that, he hinted during the campaign that he might restrict gun sales and create a national registry of gun-owners. The election was seven months ago, and the buying spree has not flagged since. Data released by the FBI’s National Instant Criminal Background Check System, which serve as a gauge of actual sales, reported 1,255,980 checks in April 2009: a sixth monthly increase, and a 30.3% increase from the 940,961 reported last April.

Concealed-weapon permits are up, too. Ohio, Kentucky, North Carolina and Montana all report a rise in licences issued; Ohio saw a 139% increase in the first quarter of this year over last. Meanwhile, classes on gun rules in Phoenix are booked solid for months, ammunition is sold out, and gunmakers and dealers alike are scrambling to keep up with demand.

Sun Devil Manufacturing in Mesa, for example, which makes semi-automatic rifles for $1,000 or so less than its competitors, is running three production shifts a day. Guns Etc, a shop in the Phoenix suburb of Chandler, is selling 50-70 handguns a week, compared with 30 before the election, and sales of AR-15 and AK-47 semi-automatic rifles have nearly doubled. On a Friday afternoon the store is packed with men, retired and young, buying revolvers, semi-automatics and shotguns. Young mums browse the daintier pistols.....



You realize this is unpossible, of course. One of our resident experts here at DU assures us gun makers
are overproducing guns for the black market:

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=118&topic_id=228142&mesg_id=228250

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=118&topic_id=228142&mesg_id=228569

Guess the Economist must be getting a cut of those 'black market sales'
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cslinger59 Donating Member (124 posts) Send PM | Profile | Ignore Thu Jun-11-09 02:54 PM
Response to Original message
1. I spoke with somebody at DPMS some time back
He very tired, very busy and indicated that they are at the time 147,000 rifles behind schedule. Basically he told me they would be happy to do some warranty work for me but I might want to wait before I sent in anything.............wait until basically next year.
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ZombieHorde Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 03:14 PM
Response to Original message
2. Obama should have hinted at banning U.S. made cars. nt
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cslinger59 Donating Member (124 posts) Send PM | Profile | Ignore Thu Jun-11-09 03:17 PM
Response to Reply #2
3. I said early on he should threaten to ban single family homes
:D
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 03:24 PM
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4. Planning for the worst, or planning to do the worst?
A few events in recent weeks come to mind.
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cslinger59 Donating Member (124 posts) Send PM | Profile | Ignore Thu Jun-11-09 03:35 PM
Response to Reply #4
5. Investment
Hey my firearms collection has beaten the snot out of my 401K as an investment lately.
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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 03:40 PM
Response to Reply #5
6. By his second term the bubble, like all bubbles will burst.
Gun show will be selling amo dirt cheap and the price of military type weapons will drop. If I had a collector gun I'd sell now. Buy low and sell high, it's really simple.
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cslinger59 Donating Member (124 posts) Send PM | Profile | Ignore Thu Jun-11-09 03:45 PM
Response to Reply #6
7. No doubt..
The firearms that I have that have appreciated greatly have nothing to do with the bubble. Smith PC pre lock revolvers, HK P7M13s etc. The rest of the stuff will hold its value like most firearms do.

As for ammo, that isn't an investment that is so I can turn my money into noise. :D
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friendly_iconoclast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-11-09 03:54 PM
Response to Reply #4
8. Worry about RW websites, not gun owners.
Considering the number of gun owners in the States, the number of loony-tune spree shooters is quite low.

They do seem to be overrepresented on places like Free Republic, Stormfront, and others of that ilk.
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