Is George Soros Trying “Under the Radar” Gun Control

This past weekend The PJ Tatler on Pajamas Media offered a frightening scenario in a post titled, “George Soros Owns Gun Companies?” The first question to ask would be “why would George Soros want to own gun companies?” The answer could be extremely sinister as noted:

“For the last several years a company called ‘The Freedom Group’ has been buying up American gun and ammunition manufacturers. Some people worry that Freedom Group is going to control most of the firearms companies in the United States. Of course, If you control the manufacturers you can decide not to sell to civilians, or, you can raise the prices to ridiculous levels or you can make the supply of guns and ammo scarce – all sorts of logjams. What a perfect way to control America’s guns!”

The National Shooting Sports Foundation and the NRA have been responded and say that the rumors aren’t true. The NRA’s Response:

Internet Rumors About Cerberus & Freedom Group Are Patently False

Recently, an old rumor regarding Cerberus–the private equity firm that owns Freedom group, a holding company that in turn owns a number of firearms manufacturers, including Remington, Marlin, Bushmaster, and DPMS–was in some way tied to George Soros.

This rumor is completely false and baseless.

NRA has had contact with officials from Cerberus and Freedom Group for some time. The owners and investors involved are strong supporters of the Second Amendment and are avid hunters and shooters.

In reality, at no time has George Soros ever been a part of the ownership group of Freedom Group or Cerberus, and as a privately traded corporation, there is no possibility that he will be in the future.

This unsubstantiated rumor has caused a great deal of unnecessary concern for gun owners. NRA-ILA urges our members to take great care before repeating baseless rumors found on the Internet.

FirearmsTruth will continue to follow this story, and let’s hope this “rumor” didn’t give Soros any smart ideas!

 

Book Review: Gun Trader’s Guide: A Complete Fully-Illustrated Guide to Modern Firearms with Current Market Values (Thirty-Second Edition) [Paperback]

Author Stephen D. Carpenteri, former editor of Game & Fish, has provided yet another must-buy book for gun collectors. The Gun Trader’s Guide remains the de facto standard reference guide for gun values. Now in its 32nd edition, the book provides up-to-date information on prices, and comes in a large book suitable for study or causal reference.

The book has listings for handguns, shotguns and rifles, from popular brands such as Remington, Colt, Browning, Winchester and Berretta. The information is concise and easy to read, yet informative enough to aid the experienced as well as novice buyer. The book is well-organized for quick checks of prices and other relevant information. Read more

Book Review: The Shooter’s Bible: The World’s Bestselling Firearms Reference (102nd Edition)

One hundred is quite a milestone, so the fact that the Shooter’s Bible is actually in its 102nd edition is a really big deal. The book, which has been published since 1924, began a mail-order catalog of the Stoeger Arms Corporation.

This year’s edition includes new production information, as well as updated specifications and current prices on thousands of firearms and related equipment. The book is a must-own for hunters, sportsman and gun collectors, as it offers up-to-date handgun and rifle ballistic tables, extensive charts of bullets and projectiles for handloading.

The new products catalog further is worthy of a Christmas Wish Book with the latest items including firearms, ammunition and optics manufactured in 2010 or planned for 2011 from companies including Winchester, Cooper, Howa, Ruger, Benelli, Remington, Kimber, Smith & Wesson, Bushnell, Nightforce and Swarovski. The book isn’t light on photos either, and includes a good mix of color and back and white photos. Happy reading!

$29.95
608 pages
Paperback
B&W and Color Illustrations
Published: October 15, 2010
ISBN: 9781916080877

Where to Buy:

Shooter’s Bible: 102nd Edition at Amazon.com

Gun Business: GM IPO could open the door for Firearms IPO’s

General Motors has completed the initial filing of paperwork to begin its initial public offering. The auto company recently reported positive quarterly results and the IPO is expected to raise between $15 and $20 billion making it one of the largest IPO’s in history. 

So what does this have to do with firearm IPO’s? GM’s pending IPO could be another signal of economic recovery and stability in a two-year stock market roller coaster.  Generally, companies don’t initiate IPO’s in a rocky market because it tends to undervalue the IPO and generate less financing for the company.  Thus a successful GM offering could be a strong signal for other company’s considering an IPO. Read more

United States Department of Education Buys Shotguns

WLS News7 in Chicago is reporting that the United States Department of Education is filling its arsenal:

“On Monday, the US Department of Education began soliciting bids, not for books or laptops, but for guns, Remington shotguns decked out with all the combat trimmings, such as short barrels for concealment and modified sights.”

So are schools locking and loading? According to the investigation, this isn’t exactly the case:

“In an e-mail, a spokesperson told the I-Team that their special agents work waste and fraud cases involving education funds and programs, and they have full law enforcement authority and training, and they sometimes conduct search warrants and make arrests.”

While we agree that law enforcement should have adequate arms, it isn’t interesting that the Department of Education spent $35,000 on guns that are described by some as being fitted with “combat trimmings.” The shotguns in question are high quality as well as powerful:

“According to the bid solicitation, the department is purchasing 27 Remington Model 870 pump-action shotguns with 14-inch modified choke barrels. They are custom-made for law enforcement and have shorter barrels than required for purchase by private citizens.”

Let’s hope none of those guns aren’t mentioned in a future “Who Guards the Guards” post by us.