Headline: Gun economics in Trump’s America

From Washington, DC, to Tokyo, students in over 800 cities and towns are calling for tougher gun control laws in the US, demanding an end to gun violence. The March for Our Lives in Washington is led by students from the school in Florida where 17 people were killed last month.

False, it was led by Soros and Bloomberg funded leftist groups.

Meanwhile, the CEO's of the biggest gunmakers rarely give interviews and live lives far removed from the whole issue. But they're still profiting from the biggest unregulated gun market in the developed world.

False, the gun industry is not very profitable as industries go and the American market is highly regulated, incredibly so for manufacturers and dealers especially. They had one of their best years ever in 2016 and were not in the top ten

The multibillion-dollar US firearms industry has been largely shielded by the US Constitution, which allows people the right to own a gun.

So wait a minute, was it all their money buying influence in Washington or that gosh darned constitution? Why did they give us that right anyhow?

But in the wake of #NeverAgain, the investment community is also waking up to its role in the weapons economy.
Calls have been growing for Wall Street to dump gun stocks. Fund managers including BlackRock have said they are having another look at their relationship with gunmakers. And more than a dozen companies have ended partnerships with the National Rifle Association (NRA), the pro-gun ownership lobby.

To their detriment, I wrote about how Dick's ensured that I will never again buy a firearm or anything else there. And I have spent thousands of dollars there, they are not going to impress people so much with their anti gun bullshit that they run out and drop $1000s of dollars at Dicks.

Jeffrey Moore, a senior analyst with Global Risk Insights, talks to Counting the Cost about gun economics and the future of the multibillion-dollar US gun industry under the Trump administration.
"The gun manufacturers ... and retailers have a pretty sizeable economic impact overall. It's about $50bn directly and indirectly between gun manufacturers and retailers. You've got about $6.5bn of taxes that are paid every year. And about 300,000 individuals employed either directly or indirectly through the gun industry

The drug industry makes about $450 billion a year, and their products "may cause suicidal thoughts and actions" yet we are not discussing divesting from that industry. Its products kill 100,000 annually from known side effects when used as directed.

It is a long-lived and established industry that likely won't be going anywhere anytime soon," says Moore.

True

He explains that eight years of Obama administration as well as "a couple of large, highly public mass shootings and fears that gun regulations were going to come down in a very big way ... drove gun sales and ammunition sales through the roof."

Indeed, Obama's own gun maker stocks went up 750% during his term.

"Especially after 2012, the Sandy Hook massacre, there were fears from the gun lobby and from gun owners that they may issue those regulations and some bans in cases. So the revenues and stock prices for those gun manufacturers really, really went haywire to the upside - and continued doing that through the remainder of his [Obama's] presidency," says Moore.

And of course they did issue regulations and bans and attempt to enact sweeping federal gun control justifying those fears.

Moore believes much has changed for the gun industry since President Donald Trump was elected.
"The stocks of these gun manufacturers actually took a big hit in the days following his [Trumps'] election and have since come off pretty strongly. The revenues have done this as well. There doesn't seem the political risk, the political fear that regulation will be coming down, as result, they've come off their heights."
"You may see the gun industry enter a more natural ebb and flow of the business cycle."

Yup, Obama was the best gun salesman in history.

Asked about ethical investments, #NeverAgain and its effect on the gun industry, Moore confirms that the business community is reacting to calls for increased gun control.
"We had Citigroup announce that their Citibank operations for their commercial clients will no longer support commercial clients in the gun industry or the retailing industry of guns that sell guns of any kind to individuals under 21 years of age," he says.
"So when you start having these commercial pressures from the bank and finance providers that give those services to the gun makers, the gun retailers; if they are changing policies ... you will probably see a spreading effect of at least raising the age ... So if things can't get done in Washington, you'll start to see private businesses take their own initiative to raise the age of purchasing guns."

Translation: If the banks can't get their politicians and media to do it they will disarm Americas youth indirectly. Citibank wanted to elect Hillary and they have a vision called "Plutonomics" in which the wealthy are the only segment of the economy that matters.

Watch out everyone, they are coming for our guns, I live in a state where the Attorney General decided to ban all AR and AK by declaration and declared all the people who bought and owned them legally to be felons who are not grandfathered. They will use such actions, they will use the banks, they will use state referendums, they will pass local ordinances, they will do anything they can and they have the banks and media on their side. Eternal vigilance is the price of freedom.

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