$40 mill in Glocks at probably $350 a copy? That is over 114,000 handguns! WTF does the ATF need with 114,000 handguns? Even the idiots at the ATF can’t steal or lose that many.
If Obama's army had serious weaponry, but poor training, they could be picked off -- and then citizens would have serious weaponry (and probably superior discipline).
But if Obama's army has only handguns, they could be intimidating to many sheeple, but would not significantly arm the rebels who loot their corpses.
It’s kind of like a deal on helicopters or missile systems; there is no relation between dollars spent and actual numbers procured.