A Touch of Irony
Typically here on Election Stocks, we make decisions on how stocks are likely due to behave based on Barack Obama’s policies in office. What’s interesting about this post is that it has nothing to do with any real policy being proposed by this administration – rather a growing sentiment among many suspicious right wingers.
We are referring of course, to the ammunition shortage that is driving prices up out of fear that the 1994 assault weapons ban could be reinstated. This administration has previously stated that there are no imminent plans to do so, yet owners of gun stores and private collections alike are spreading the fear to try and increase the value of their product.
A list of prominent small arms and ammunition manufacturers can be found here.
Posted: April 20th, 2009 under Defense, Distracting Non-Issue, Obama.
Comments: 1
Comments
Pingback from » Fast Money Poll on Obama
Time: April 28, 2009, 4:48 pm
[...] Noticeably absent is the defense sector. Considering Obama’s commitment of more troops to Afghanistan, gradual timetable out of Iraq, and the overall volatility of the Iranian, North Korean, and Pakistani governments, this omission is quite stunning. Even assuming the foreign situation stabilizes, there are still plenty of right wingers in the US that are buying up ammunition like mad (as we referenced in a post last week). [...]
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