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View Full Version : WHo's buying all the GUN COMPANIES?


Brundelfly
05-14-2012, 6:09 AM
NO need to challenege the 2nd amendment, if you just BUY all the GUN companies and refuse to sell to civilians, or just shut them down.

Think about it.

http://beforeitsnews.com/story/2132/896/Who_Is_Buying_American_Firearms_Companies_Why.html

TheBest
05-14-2012, 6:14 AM
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SanPedroShooter
05-14-2012, 6:16 AM
If people want them, somone will build them. Can you imagine the amount of cash someone could make if the major companies decided to stop selling guns?

Its called incentive. Not that I would like to see that happen, it would be a disaster that would be felt for decades.

Also, arent corporations duty bound to generate profits for their shareholders and to act in their best intrest? It would be like if Chase deceided it wasnt going to let 'civilains' open saving accounts....

A private owned company could stop selling to whoever they felt like, but a public company has to deal, and all the big names are bought and traded publicly, with the intrest holders, not to mention the banks... Can you imagine a company that has millions in credit or loans saying, 'by the way, we are going to cut off 80% of our sales'.....

They may as well declare bankruptcy. I just dont see it. I dont think the big names make guns for political reasons, they do it to make money.

I will say that I am embaressed for the author after seeing the date stamp on this article. It was written yesterday.....

http://en.wikipedia.org/wiki/Stephen_Feinberg

This is one smart dude, and firearms are just a small part of what he has his fingers in. His company is number 11 in the list of top 100 federal contractors. He seems like a man with a nose for making good investments, living quietly, and donating generously to causes he supports, incedentaly, causes I support too... I wish him well. Its comforting to see some of the old name firms in good hands in these tough economic times.

Feinberg has been noted to be a very private person. Despite his considerable personal wealth (Feinberg reportedly made $50 million in 2004), his lifestyle is notably less extravagant than his peers in private equity.[3] He lives on Manhattan's Upper East Side with his wife Gisela and their three daughters.

His hobbies include game hunting, chess, skiing, and riding his Harley-Davidson motorcycle. Steve and Gisela Feinberg are prolific donors to the Republican Party and related organizations. Former Republican Vice President of the United States Dan Quayle works for Cerberus as Chairman of Global Investments, and former United States Secretary of Defense Donald Rumsfeld was a client.

http://en.wikipedia.org/wiki/Freedom_Group#History

cdtx2001
05-14-2012, 6:37 AM
This is total :TFH::TFH::TFH:

Besides, if the big ones shut down or stop selling to civilians, I'm gonna start my own. I'll also make sure that 2% of my profits go to CGF.

HowardW56
05-14-2012, 6:48 AM
NO need to challenege the 2nd amendment, if you just BUY all the GUN companies and refuse to sell to civilians, or just shut them down.

Think about it.

http://beforeitsnews.com/story/2132/896/Who_Is_Buying_American_Firearms_Companies_Why.html

Search is your friend....

If you search first, you won't perpetuate FUD

Fjold
05-14-2012, 6:51 AM
First it was the Soros scare now this.

Skidmark
05-14-2012, 7:02 AM
NO need to challenege the 2nd amendment, if you just BUY all the GUN companies and refuse to sell to civilians, or just shut them down.

Think about it.

http://beforeitsnews.com/story/2132/896/Who_Is_Buying_American_Firearms_Companies_Why.html

This (the Freedom Group's acquisitions) is old news, and has been much better covered by other news organizations.

Such as NYT: http://www.nytimes.com/2011/11/27/business/how-freedom-group-became-the-gun-industrys-giant.html

berg
05-14-2012, 7:37 AM
This is America. If a gun business closes down, a new one will start up somewhere else. How many boutique gunsmiths are out there? Any of them could ramp up production to satisfy unmet demand.

Big Ben
05-14-2012, 9:14 AM
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:rofl2: