Whitehouse.gov petition on the '86 Hughes Amendment

[edward]

Apparently this was posted up a few days ago. It has until Oct. 29th to reach 5k signatures. I signed it; can't do any harm right?

https://wwws.whitehouse.gov/petitions/!/petition/push-congress-repeal-hughes-amendment-fopa-and-nfa/FWXhjh9s

FYI, you need to make an account to sign. It is super simple; just requires full name, zip and email address.

Text of Petition:

we petition the obama administration to:
Push Congress to repeal the Hughes amendment to the FOPA and NFA
The Hughes amendment to the Firearms Owners Protection Act (FOPA) closed the machine gun registry in 1986. The problem is that there is now video available of the vote to add the Hughes amendment that clearly shows that the motion to add it failed in committee. However it was sent to the Senate with that amendment attached anyway after the house approved the FOPA without the Hughes amendment. Once passed in the Senate, President Regan signed it into law.

By all rights the Hughes amendment should never have been included and signed into law, yet it now on the books. Please press Congress to repeal the Hughes amendment, especially since it was never passed legally to begin with.

Author had a few typos...

[redking]

#86

[Ubermcoupe]

That would be so cool... a NEW MG would be awesome (and curb some of the astronomical $$$).

[Bhobbs]

#87

[Bhobbs]

That would be so cool... a NEW MG would be awesome (and curb some of the astronomical $$$).

The only reason the prices are that high is due to supply and demand. Open up the supply and price will drop.

[cmaynes]

well since no weapons manufactured after 1986 can be privately owned, that is the principal gating factor- There will be a LOT of kickback from those who have considerable financial interest in NFA weapons, as it will effectively destroy the investment market for them.

[edward]

well since no weapons manufactured after 1986 can be privately owned, that is the principal gating factor- There will be a LOT of kickback from those who have considerable financial interest in NFA weapons, as it will effectively destroy the investment market for them.

Well I guess they'll just have to take one for the team...

[E Pluribus Unum]

Apparently this was posted up a few days ago. It has until Oct. 29th to reach 5k signatures. I signed it; can't do any harm right?

https://wwws.whitehouse.gov/petitions/!/petition/push-congress-repeal-hughes-amendment-fopa-and-nfa/FWXhjh9s

FYI, you need to make an account to sign. It is super simple; just requires full name, zip and email address.

Text of Petition:



Author had a few typos...

Anyone who wastes his time signing this petition needs his head examined...

Obama push to repeal a gun ban??? To even think this is possible is lunacy.

[dantodd]

well since no weapons manufactured after 1986 can be privately owned, that is the principal gating factor- There will be a LOT of kickback from those who have considerable financial interest in NFA weapons, as it will effectively destroy the investment market for them.

If you are aware of anyone who owns FA guns and opposes reopening because the value of their collection would go down please post something to support that. Otherwise I call BS.

99% of people who own FA weapons are serious gun collectors and would welcome the chance to add more modern weapons to their collection as well as import older FA weapons that are currently unimportable.

[edward]

Anyone who wastes his time signing this petition needs his head examined...

Obama push to repeal a gun ban??? To even think this is possible is lunacy.

My response in bold. And Caps. And underlined.

I Signed it; CAN'T DO ANY HARM RIGHT?

[ke6guj]

If you are aware of anyone who owns FA guns and opposes reopening because the value of their collection would go down please post something to support that. Otherwise I call BS.

99% of people who own FA weapons are serious gun collectors and would welcome the chance to add more modern weapons to their collection as well as import older FA weapons that are currently unimportable.

informal surveys done on NFA-centric forums have usually shown that most MG collectors would gladly take the hit in value if they can get new stuff. You can't buy a modern design MG with 922(o) is effect. No M249s, no FA SCARs or ACRs, etc.

Yes, the value of an M16 will go down, but you can't make any more 1930s 1928 overstamp Thompsons. Items like that will hold much of their value even if you can buy a new FA Tommy gun tomorrow.

[cmaynes]

If you are aware of anyone who owns FA guns and opposes reopening because the value of their collection would go down please post something to support that. Otherwise I call BS.

99% of people who own FA weapons are serious gun collectors and would welcome the chance to add more modern weapons to their collection as well as import older FA weapons that are currently unimportable.

I know Mike Papac and Dan Shea, and I think they would suffer pretty significantly- They both are able to buy post 86 weapons too. I also think they would welcome the repeal- they are businessmen.

[CCWFacts]

If you are aware of anyone who owns FA guns and opposes reopening because the value of their collection would go down please post something to support that. Otherwise I call BS.

99% of people who own FA weapons are serious gun collectors and would welcome the chance to add more modern weapons to their collection as well as import older FA weapons that are currently unimportable.

That's my impression as well. Yes they would take a financial hit but they didn't buy these things as investments. That's something they told their wives but it's not true!

[cmaynes]

informal surveys done on NFA-centric forums have usually shown that most MG collectors would gladly take the hit in value if they can get new stuff. You can't buy a modern design MG with 922(o) is effect. No M249s, no FA SCARs or ACRs, etc.

Yes, the value of an M16 will go down, but you can't make any more 1930s 1928 overstamp Thompsons. Items like that will hold much of their value even if you can buy a new FA Tommy gun tomorrow.

when we have a Colt M16/M4 which sells on the NFA market for 15k, vs the .gov price of under 1k, it is clearly an issue for many- things like M240's go for around 60k vs the gov price of 10 to 14k as well.... Anyone with significant inventory of weapons for sale is going to take a pretty good hit on that- It wont effect CA citizens though, because they are still restricted.

[dantodd]

when we have a Colt M16/M4 which sells on the NFA market for 15k, vs the .gov price of under 1k, it is clearly an issue for many- things like M240's go for around 60k vs the gov price of 10 to 14k as well.... Anyone with significant inventory of weapons for sale is going to take a pretty good hit on that- It wont effect CA citizens though, because they are still restricted.

With the limited inventory of M16s available I am absolutely certain that you would see AT LEAST a 10X increase in the number of FA M16 sales each year. Heck, it might be a 100X increase. The parts are not more expensive than for an AR-15 so you're really only paying for the tax. I think MANY people would pay the extra 10%-20% for the happy switch, even if they don't plan on using it.

Sadly, none of this applies to CA, as you said.