Obama vs Smith & Wesson

[mmckee1952]

Obama TARGETS Gun Maker Smith & Wesson With BOGUS SEC Charge

By Kimberly Morin

As everyone knows, gun sales have been reaching all-time highs thanks to Obama and other Democrats demanding more gun control be put into place.

Most Americans know this means their right to protect themselves could potentially be infringed upon so they are making sure they have the ability NOW.

Of course, neither the gun control lobby nor Obama will admit THEY are the reason for epic gun sales.

So what does Obama do? Attacks gun manufacturer Smith & Wesson over some absolutely bogus SEC charge. As a result, their stocks tumbled.

Last Friday, in the aftermath of the most recent mass shooting in San Bernardino and the latest attempt by Obama to impose further gun control measures, ostensibly by executive order, we pointed out the one thing, or rather person, who even the NYT begrudgingly admitted in an article on “What Drives Gun Sales” has been the primary driver of gun sales in the US: US president Barack Obama.

Alas, as it turns out, Obama is not a fan of efficient market irony and instead of letting the chips on gun control fall where they may especially if it means record stock prices for the shareholders of SWHC and RGR, the president – in pulling a page straight out of the “US Government vs Exxon” in which the company will soon be prosecuted over its Global Warming denials as reported previously – has decided to take his vendetta with US gun makers to the next level and as the NYT reported overnight, “the New York City public advocate on Monday asked federal regulators to investigate whether the gun manufacturer Smith & Wesson had made adequate disclosures in its financial statements.”

One would think that being in compliance with all existing SEC regulatory requirements would be sufficient, but when one is on Obama’s black list there are additional requirements for “adequate disclosure” one must follow, especially the ones that one does not know about because they appear only after the fact.

The NYT continues:

In an eight-page letter, the public advocate, Letitia James, said the Securities and Exchange Commission should examine whether Smith & Wesson misrepresented or omitted information about how often its products are involved in crimes and what it has done to keep its guns out of the hands of criminals.

How is this part of any SEC filings? How is this information that needs to be provided to stockholders?

Smith & Wesson is not responsible for what CONSUMERS do with their firearms. Smith & Wesson provides locks and information about safety with every firearm they manufacture but apparently that isn’t good enough.

No, Obama is now on a witch hunt. His administration is now targeting a business that provides thousands of JOBS, helps the economy and pays taxes.

Most Americans probably don’t even know this is happening.

EVERY American should be OUTRAGED by this tyrannical behavior whether you are for firearm ownership or not.

What business will be next?

Read More: http://www.thefederalistpapers.org/seco ... sec-charge

My Thoughts:
This just proves that Obama will do anything that he can to create problems for the people who are pro-gun.

[FiremanBob]

Thirteen more months of Stalinism. Expect more show trials, and probably false-flag violent incidents. I think the probability of martial law is greater than zero percent, higher if the Dem candidate flops in the polls.

The Dems may have passed the point of no return. They cannot afford to have light shone upon their treason, corruption, and other forms of criminality. The only way to prevent the evidence from reaching the people is to stay in power - so they will do ANYTHING to stay in power.

[Swampman]

S'ok, I just helped S&W out yesterday. Bought a new M&P 9mm as my newest EDC. Bought a Blackhawk IWB holster, but it's not as comfortable as I'd like. I'll keep looking for a holster I like, but I do like the gun. Fits me very well. Plan to get to the range either tomorrow or Saturday and put some rounds through it.

[Snakester]

I am going to help S&W tomorrow morning! I have on order a Slidefire Kit for my M&P 15-22 Now taken over by Carol. I told her that I was going to install the Slidefire it . She said that you better go another one to put the Slidefire on and leave this one like it is ! That's all I need to hear!

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