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US Gun Sales Booming
Fear of Obama crackdown fuels surging biz
By Rob Quinn, Newser Staff
Posted Sep 11, 2012 12:37 AM CDT
Updated Sep 11, 2012 4:55 AM CDT
Obama is one gun dealer's "salesman of the month."   (AP Photo/Alex Brandon)

(Newser) – Fears that President Obama would take people's guns away in his first term proved to be unfounded, but a lot of people appear to think he's waiting for his second term. Gun sales are experiencing a major pre-election boom, just like they did four years ago, reports NBC. Sales are up 50% at Smith & Wesson, and Ruger made its millionth firearm of the year by mid-August, almost as many as it made in the whole of 2011. Gun dealers say a major driver of sales is fear of a looming crackdown on guns—although Business Insider finds that the only gun laws Obama has signed as president have actually expanded gun rights.

"I should put Obama’s picture on the wall up there," says one New Jersey gun salesman. "I’d name him salesman of the month!" But other dealers say fear of an increase in crime amid economic woes has at least as much to do with the surge in sales. "The biggest new group of buyers now are senior citizens," the owner of a North Carolina gun shop tells CNBC's Closing Bell. "Ten thousand baby boomers a day are turning 65. They can't run, they can't fight, they got to shoot."

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Showing 3 of 81 comments
Smitty6398
Sep 12, 2012 2:28 AM CDT
Gun ownership rights ARE being taken away!!! Just ask the inhabitants of New York City, Washington, DC, and Chicago. The private ownership of firearms by the citizenry is what enabled the original colonies to gain their freedom from the tyranny of the British empire. Mayors Against Guns (and similar organizations) are attempting to re-interpret the 2nd amendment in an effort to take the power FROM the people. What we really need is CRIMINAL CONTROL !!! MANDATORY death sentences, LOOONG no-parole sentencing, hard labor confinement instead of country-club living. I advocate " Your-Choice, firing squad or hanging " for multiple victim killings. The Constitution's 2nd amendment can only be changed/removed by the House of Representatives, and the Senate, by 2/3 majority in each body, AND approval by 3/4 of the STATES. The President has no power either way; except by trying to influence Congress. The real POWER lies in the hands OF THE PEOPLE. I am a 70yr old INDEPENDENT VOTER; I voted for John McCain because we were involved in 2 wars at the time, I intend to vote for Obama this time around. A Clinton/Obama 2016 ticket in 2016 would be interesting !
XYandZ
Sep 12, 2012 1:38 AM CDT
Everyone should own a gun for home defense, piece of shit cops are worthless until after you are dead(and even then if you weren't important enough they won't try to solve it)
trannycrackwhore
Sep 11, 2012 11:14 PM CDT
September 2050: Gun sales increase as the NRA warns Obama will build a time machine and retroactively pass gun restrictions.