Several times during Piers Morgan’s interviews with 2nd Amendment advocates, he brought up how gun and ammo sales had skyrocketed since Obama came into office. He said that the gun lobby had been engaging in fear tactics by telling people that Obama was coming for their weapons just to so that people would buy more guns. In other words, it was all about the money, according to Piers and probably most other gun controllers. Because we all know that Obama doesn’t actually want to take everybody’s guns away. He just wants to pass “sensible” legislation that cuts down on gun violence, particularly violence committed with “assault weapons.” He’s not going to touch people’s handguns, or so they say.
So, it was all a ploy by the evil gun lobby to boost their sales. If that’s the case, why do some gun control advocates own stock in weapons manufacturing companies? Indeed, gun and ammo sales have gone up since Obama took office. And those that owned stock in gun manufacturers have made quite a bit of money. Breitbart reported:
- Senator Amy Klobuchar (D-MN) is a proponent of an “assault weapons” ban, who in the meantime is enjoying the money her husband makes off a $50,000 investment in the Vanguard Small Cap Growth Index fund that, as of Jan. 18, included 219,918 shares of stock in Ruger Firearms.
- Senator Clair McCaskill (D-MO) has approximately $100,000 in the iShare Russell 2000 Growth Index, which held 254,290 shares of stock in Ruger Firearms as of Jan. 18, along with shares of Smith & Wesson as well.
- Senator Tom Harkin (D-IA) has approximately $100,000 in the iShares S&P Small Cap 600 Growth Index–a fund which was the “the 16th largest holder” of Ruger Firearms stock as of mid-January.
- City pensions in Mayor Rahm Emanuel’s Chicago own significant shares of funds that are heavily invested in gun companies, as are city pensions in Mayor Michael Bloomberg’s New York City.
- In Chicago, the city’s teachers’ retirement fund has about $12 million partially invested in the company that owns Bushmaster firearms–makers of the AR-15 Adam Lanza used at Sandy Hook–as well as funds that include shares of Ruger Firearms and Smith & Wesson.
So, who’s making money? Sure, the gun lobby is making money, but these prominent anti-gun politicians are making money off the gun lobby while preaching against them. Maybe they really don’t want to take people’s firearms away. They just want to scare people into buying more so that their stocks go up. So far, it’s working.