Lucille
12-19-2012, 03:56 PM
Gun Sales Soar In Aftermath Of Newtown Killings
http://www.zerohedge.com/news/2012-12-18/gun-sales-soar-aftermath-newtown-killings
As so often happens when dealing with the fickle public, the aftermath of the news of the second worst school massacre in US history has led to precisely the opposite outcome to the one desired by the media and at least part of the general population. Because in the backlash for gun control at its tamest, and against weapon ownership of any kind at its most rabid, driven primarily by those who don't own weapons, everyone else decided to think one step ahead and preempt what may soon be yet another governmental subjugation of a constitutional amendment. The result? An absolute surge in weapon sales in the days following last Friday's tragedy.
[...]
And while we have been following the slow and steady rise in gun sales, punctuated by two key events which have sent gun sales soaring, namely the Obama election and reelection, the pick up in sales seen last weekend is unprecedented.
[...] what is most ironic, is that it is precisely the fear of forced, unilateral rejection, by either or all three branches of government, of the original constitution and its various amendments that has Americans scrambling into gun stores. And thus the closed loop nature of the problem: by threatening to take away America's guns, the government is only exacerbating a problem that is steeped in 200+ years of history and is engrained deep in American psychology.
What is the solution?
We don't know, but we do know that the government stepping in confident it can and will fix and regulate everything is precisely what will only make the problem far, far worse.
We do know that heart of the problem is far, far deeper than one or more tragic mass shootings can reveal. In fact the full extent of the problem begins to be unmasked courtesy of the chart we showed yesterday, and which was to be found, ironically enough, in the most recent Smith and Wesson investor presentation.
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/12/20121217_SWHC2_0.png
Wal-Mart Stores Sell Out Of Guns
http://www.zerohedge.com/news/2012-12-19/wal-mart-stores-sell-out-guns
Yesterday, when we described the unprecedented surge in gun sales in the aftermath of the Newtown massacre, we said that "what is most ironic, is that it is precisely the fear of forced, unilateral rejection, by either or all three branches of government, of the original constitution and its various amendments that has Americans scrambling into gun stores. And thus the closed loop nature of the problem: by threatening to take away America's guns, the government is only exacerbating a problem that is steeped in 200+ years of history and is engrained deep in American psychology." It took about 24 hours to demonstrate just how counterproductive government intervention always is: as of this moment, Bloomberg reports, Wal-Mart, the biggest retailer in the US and the world, has stores in at least five states where guns are now completely out of stock.
[...]
It gets worse: now that guns are transforming from a commoditized to a niche, collectible product, whose future is unclear due to what the government may or may not do, the supply, demand dynamics have shifted massively in favor of the side that pushes the equilibrium price higher (just so even central-planning economists understand this).
[...]
While we have no interest in pursuing any of the ethical sides of this argument, we do know that the more the government intervenes, even if it is with the noblest intentions, the greater the adverse and negative fallout will be. And, in typical government fashion, the more it will push to get its way (or the highway) until even more tragic consequences result in a country which - by dint of what it is - has over 300 million weapons. Good luck and godspeed with any hopes of "controlling" them.
http://www.zerohedge.com/news/2012-12-18/gun-sales-soar-aftermath-newtown-killings
As so often happens when dealing with the fickle public, the aftermath of the news of the second worst school massacre in US history has led to precisely the opposite outcome to the one desired by the media and at least part of the general population. Because in the backlash for gun control at its tamest, and against weapon ownership of any kind at its most rabid, driven primarily by those who don't own weapons, everyone else decided to think one step ahead and preempt what may soon be yet another governmental subjugation of a constitutional amendment. The result? An absolute surge in weapon sales in the days following last Friday's tragedy.
[...]
And while we have been following the slow and steady rise in gun sales, punctuated by two key events which have sent gun sales soaring, namely the Obama election and reelection, the pick up in sales seen last weekend is unprecedented.
[...] what is most ironic, is that it is precisely the fear of forced, unilateral rejection, by either or all three branches of government, of the original constitution and its various amendments that has Americans scrambling into gun stores. And thus the closed loop nature of the problem: by threatening to take away America's guns, the government is only exacerbating a problem that is steeped in 200+ years of history and is engrained deep in American psychology.
What is the solution?
We don't know, but we do know that the government stepping in confident it can and will fix and regulate everything is precisely what will only make the problem far, far worse.
We do know that heart of the problem is far, far deeper than one or more tragic mass shootings can reveal. In fact the full extent of the problem begins to be unmasked courtesy of the chart we showed yesterday, and which was to be found, ironically enough, in the most recent Smith and Wesson investor presentation.
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/12/20121217_SWHC2_0.png
Wal-Mart Stores Sell Out Of Guns
http://www.zerohedge.com/news/2012-12-19/wal-mart-stores-sell-out-guns
Yesterday, when we described the unprecedented surge in gun sales in the aftermath of the Newtown massacre, we said that "what is most ironic, is that it is precisely the fear of forced, unilateral rejection, by either or all three branches of government, of the original constitution and its various amendments that has Americans scrambling into gun stores. And thus the closed loop nature of the problem: by threatening to take away America's guns, the government is only exacerbating a problem that is steeped in 200+ years of history and is engrained deep in American psychology." It took about 24 hours to demonstrate just how counterproductive government intervention always is: as of this moment, Bloomberg reports, Wal-Mart, the biggest retailer in the US and the world, has stores in at least five states where guns are now completely out of stock.
[...]
It gets worse: now that guns are transforming from a commoditized to a niche, collectible product, whose future is unclear due to what the government may or may not do, the supply, demand dynamics have shifted massively in favor of the side that pushes the equilibrium price higher (just so even central-planning economists understand this).
[...]
While we have no interest in pursuing any of the ethical sides of this argument, we do know that the more the government intervenes, even if it is with the noblest intentions, the greater the adverse and negative fallout will be. And, in typical government fashion, the more it will push to get its way (or the highway) until even more tragic consequences result in a country which - by dint of what it is - has over 300 million weapons. Good luck and godspeed with any hopes of "controlling" them.