Positive stock market news in the firearms manufacturing industry Tuesday morning furthered the persistent narrative that Barack Obama’s anti-gun policies have been the driving force behind record gun sales across the U.S. A notable uptick in the trading price of shares in companies like Smith & Wesson and Sturm Ruger preceded by hours a divisive speech by Obama during which he announced his unilateral plan to pare back the Second Amendment.
— T.J. Holmes (@tjholmes) January 5, 2016
— Steve Goldstein (@MKTWgoldstein) January 5, 2016
The early 2016 development also served as an exclamation point to a prior year that saw significant industry market gains.
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Even as a candidate, Obama lamented the fact that so many Americans “cling” to their guns. As president, he has repeatedly bemoaned Congress’ reticence to restrict a constitutional amendment granting citizens the right to carry arms.
Let Obama do his executive gun-grab and Amnesty and congress not stop him, you will see a conservative wave on primaries day.
— Trained pocket chnge (@rwmccrory) January 1, 2016
His latest move took the form of executive action, much like his response to immigration reform. In announcing the new fiat gun ownership restrictions, flanked by survivors of gun violence, Obama approached the issue with emotion — most notably, anger.
— CNN (@CNN) January 5, 2016