Releasing The Gun Industry From Operation Choke Point The gun industry was riddled with uncertainties during the Obama administration, primarily due to an anti-firearm government and relentless gun control activism. As a result, financial institutions regarded gun trading as an extremely high-risk sector, whose participants had little chance of success. Banks either refused to offer
The firearm industry is at an all-time high. The FBI processed a record 2 million firearm background checks in October. The National Instant Background Check System ran 1,976,759 gun background checks in the same month. This is a 23 percent increase from October 2014. According to the ATF, gun manufacturing has increased by over 31%.
Despite a barrage of high profile shootings, recent FBI data shows that August was a record setting month for gun sales. There were 1.7 million background checks performed by federally-licensed dealers – the most seen in an August since 1998, states USA TODAY. This past summer was extremely busy for gun sales in general (June
Added responsibility has been placed upon US citizens purchasing and owning guns. This is following New York House Representative Carolyn Maloney’s new bill. The legislation requires all gun owners to have liability insurance cover. Failure to have this sort of insurance protection is to attract fines of up to 10,000 US dollars. The New York
Ammo sales are on the rise, but not for a good reason. Many are clamoring to get their hands on an armor-piercing 5.56 millimeter bullet that is commonly used in AR-15 semiautomatic rifles. The ATF wants to ban these bullets, citing danger for the public and law enforcement, due to their “armor-piercing” abilities. They are
The firearm sales business is booming. According to a new Federal report, the gun industry is making and selling more guns than it has in the last quarter century. ATF’s Firearms Commerce in the United States report stated that gun manufacturing has increased by more than 31%. Not only is domestic production increased, but gun