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After Shooting, New Pressure on Thriving Gun Industry
The Wall Street Journal ^ | December 18, 2012 | JAMES R. HAGERTY, ANN ZIMMERMAN and SHARON TERLEP

Posted on 12/18/2012 8:27:28 PM PST by MinorityRepublican

America's thriving gun industry, which has been riding high on a surge in sales, is under increasing pressure in the wake of Friday's elementary school massacre.

Responding to a national wave of revulsion over the 27 murders in Newtown, Conn., retail chain Dick's Sporting Goods Inc. on Tuesday suspended sales of semiautomatic rifles at its 480 stores, while Wal-Mart Stores Inc. WMT +0.43% deleted from its website a listing for one such rifle.

Private-equity firm Cerberus Capital Management LP said Tuesday it would try to sell Freedom Group Inc., the manufacturer of the Bushmaster rifle that police say Adam Lanza used in last week's shootings.

"We have to get control of this," said Larry Stone, a member of Dick's board, in an interview Tuesday. Mr. Stone said he fully supported the decision to remove the semiautomatic guns from Dick's shelves. "I hope other people follow suit," he said.

(Excerpt) Read more at online.wsj.com ...


TOPICS: News/Current Events
KEYWORDS: banglist; guncontrol; secondamendment

1 posted on 12/18/2012 8:27:35 PM PST by MinorityRepublican
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To: MinorityRepublican

Whaaaah.

(get over it, people)

It was terrible, now it’s over for those now directly impacted. We move on now.


2 posted on 12/18/2012 8:30:34 PM PST by Cringing Negativism Network
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To: MinorityRepublican

If they get rid of all the guns, what are all those government agencies going to do with all of those millions of rounds of ammunition that they recently ordered. Hey, wait just a minute....


3 posted on 12/18/2012 8:31:40 PM PST by fhayek
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To: MinorityRepublican

If I own a semi-auto gun, a machine gun, or even a tank, and nobody knows about it or can get access to it, and I’m not committing violent crimes with it,how is that affecting ANYONE?

More guns = less crime.


4 posted on 12/18/2012 8:37:13 PM PST by truthczar2000 (All English translations are just that.)
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To: fhayek

They will be the only ones with guns of course. That ammo will be needed to keep the peasants under control.


5 posted on 12/18/2012 8:38:05 PM PST by txnativegop (Fed up with zealots)
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To: All

Dicks should pay a price for their stupidity.

As for Cerebus, they should stick to their investment in turkey for 400 million. No firearms over there. (just ask the Kurds)


6 posted on 12/18/2012 8:47:02 PM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: MinorityRepublican

The only pressure for the manufacturers will be meeting demand.


7 posted on 12/18/2012 8:51:47 PM PST by facedown (Armed in the Heartland)
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To: MinorityRepublican

http://www.youtube.com/watch?v=m9LWioXYaic


8 posted on 12/18/2012 8:52:12 PM PST by Dick Bachert (An ARMED society is a POLITE society!)
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To: MinorityRepublican; All
The World's largest - most peaceful and safest - army...

http://www.youtube.com/watch?v=-XjSSUC8IlY

the common denominator in school shootings

http://www.ssristories.com/index.php?p=school

thousands of suicides a year from these - mostly by hanging. Will gun control stop these?

http://www.ssristories.com/index.php?p=suicides

The shooters always pick gun-free zones - not where citizens can be legally armed.

Chicago: strictest gun control laws - highest in murders/crime

9 posted on 12/18/2012 8:52:33 PM PST by maine-iac7 (Christian is as Christian does - by their fruits)
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To: longtermmemmory
Dicks should pay a price for their stupidity.

No big deal about Dick's. Its never been a good place to buy a gun anyway. They are more interested in catering to the spandex Nazis and pro sports addicts. Poor selection and poor inventory control. Never can find much of I want. Now I have an even better reason not to shop there.

10 posted on 12/18/2012 9:05:20 PM PST by suijuris
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To: facedown; All
It already is - record gun sale beginning soon after the 2009 election - another huge jump after this one and now, after “The Won” and his sycophants jumped right in the very day of the tragedy and started parroting “Gun Control” while those precious little bodies WERE STILL IN THAT SCHOOL! - manufacturers/outlets have been slammed - Bud's even sent out a plea email explaining they could no longer manage the phone calls or answer emails - crashed - but wanted everyone to know they are doing everything they can to expedite orders.

ammo is residing somewhere with hen's teeth.

The industry has seen from 300 to 600% increase in sales during this regime - so he HAS been good for one sector.

But, kinda like Emperor Hirohito, after he attacked America, I think they are nervous about those guns behind every blade of grass.

http://www.youtube.com/watch?v=-XjSSUC8IlY

11 posted on 12/18/2012 9:06:35 PM PST by maine-iac7 (Christian is as Christian does - by their fruits)
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To: MinorityRepublican
Gun sales have soared in the past year, partly because of concern that the re-election of President Obama would mean tougher controls.

Looks like the concern has become reality!

12 posted on 12/18/2012 9:08:05 PM PST by Brandonmark (OWCM is The new American Minority!)
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To: MinorityRepublican
Larry Stone of Dick's board is an idiot. Ninety-nine percent of hunters in the U.S. most likely use semi-automatics. Think about it - how many folks do you know that hunt with a single shot. I know I'm not that good. This is an attack on all hunters and gun owners and I pray this madness on gun owners and aficionados stops. It is so predictable.
13 posted on 12/18/2012 9:08:33 PM PST by Quilla
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To: MinorityRepublican

Larry Stone of Dick’s board is an idiot. Ninety-nine percent of hunters in the U.S. most likely use semi-automatics. Think about it - how many folks do you know that hunt with a single shot. I know I’m not that good. This is an attack on all hunters and gun owners and I pray this madness toward gun owners and aficionados stops. It is so predictable.


14 posted on 12/18/2012 9:09:15 PM PST by Quilla
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To: Quilla

Sorry for the double post.


15 posted on 12/18/2012 9:10:02 PM PST by Quilla
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To: Quilla

The chief of Dicks, and everyone else, has over-interpreted what is happening.

Nobody, but nobody, could explain away or shrug their shoulders at what happened. It was truly tragic.

That said, it is now over for all but a very few. Those few will never be the same, the rest of us will get back with the world the way it was. Tragedy struck, and 28 people’s lives were ruined. It s*cks, but so do other things. On balance, life is good.

This is over now. The media and Dems must be very careful because they are vastly over-playing things.


16 posted on 12/18/2012 9:17:03 PM PST by Cringing Negativism Network
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To: MinorityRepublican

Looks as if Bushmaster in Maine is closing....http://www.pressherald.com/news/bushmaster-closing-windham-plant_2010-12-11.html

Sad, another blow to the sagging Maine economy.

I believe Bushmaster was the only gun company to ever fold under pressure to pay in a settlement case [Washington sniper case;, perhaps this wound is self-inflicted.


17 posted on 12/18/2012 9:24:27 PM PST by Daffynition (Self-respect: the secure feeling that no one, as yet, is suspicious. ~ HLM)
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To: MinorityRepublican
Responding to a national wave of revulsion over the 27 murders in Newtown, Conn., retail chain Dick's Sporting Goods Inc. on Tuesday suspended sales of semiautomatic rifles at its 480 stores...

Ok Dick's Sporting Goods, I will now suspend permanently any purchases from your stores. In fact I won't even go inside any of your politically correct but insane stores. Be sure to post "Guns are forbidden on these premises" as you wonder why your hunting & fishing departments are suddenly losing money & business patronage.

18 posted on 12/18/2012 9:30:10 PM PST by rcrngroup
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To: MinorityRepublican
Photobucket
19 posted on 12/18/2012 9:35:24 PM PST by baddog 219
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To: facedown

“The only pressure for the manufacturers will be meeting demand.”

Exactly, I’ve been trying to buy a Ruger 10/22 Takedown now for several months and cannot get my hands on one as they are on “Backorder” in-perpetuity!


20 posted on 12/18/2012 9:44:35 PM PST by Bshaw (A nefarious deceit is upon us all!)
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To: MinorityRepublican

The REAL common denominator - besides the FACT that these shooters always pick ‘gun free’ zones - is THIS - fully documented

http://www.ssristories.com/index.php?p=school

this is just one story done on it - this in 2002!

http://www.youtube.com/watch?v=9S-7aNPf33A

and, hey, the libs loves their dough boy, Michael Moore, right? Let them listen to what HE says about these shootings -

http://www.youtube.com/watch?v=sAdPq87v3Kk

world’s largest - and most peaceful army

http://www.youtube.com/watch?v=-XjSSUC8IlY

BAN ZOMBIE DRUGS - NOT GUNS


21 posted on 12/18/2012 9:48:45 PM PST by maine-iac7 (Christian is as Christian does - by their fruits)
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To: Dick Bachert

THAT WAS AN AWESOME VIDEO! Thanks for sharing.


22 posted on 12/18/2012 10:04:32 PM PST by Bshaw (A nefarious deceit is upon us all!)
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To: June2

Ping for later


23 posted on 12/18/2012 10:30:58 PM PST by June2
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To: Bshaw

TY. Please share as widely as possible. It MUST be seen.


24 posted on 12/18/2012 11:30:03 PM PST by Dick Bachert (An ARMED society is a POLITE society!)
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To: MinorityRepublican

Yeah, they’re crying all the way to the bank.

No doubt the stockholders will sweat themselves as they count their dividend checks while seated by the fireplace in the mansion.


25 posted on 12/19/2012 2:03:53 AM PST by Jack Hammer
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To: MinorityRepublican

Wow! Three businesses out of 6 million caved to the fascist gun-grabbers.


26 posted on 12/19/2012 5:49:11 AM PST by sergeantdave (The FBI has declared war on the Marine Corps)
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To: MinorityRepublican

Get Yours here while you can:

http://www.slidefire.com/products/ar-15

This is how it works:

https://www.youtube.com/watchfeature=fvwp&v=Tm1mBhLNT_s&NR=1

Perfectly legal for semi-automatic CAR-15 rifles.


27 posted on 12/19/2012 6:31:32 AM PST by Candor7 (Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
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To: MinorityRepublican
From this morning's Hartford Courant:

After Outcry, Wall Street Firm That Owns Maker Of Newtown Rifle Exiting Firearms Industry

Cerberus = purported to be owned by Soros Not true?

28 posted on 12/19/2012 6:41:08 AM PST by Daffynition (Self-respect: the secure feeling that no one, as yet, is suspicious. ~ HLM)
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To: bfh333

ping


29 posted on 12/19/2012 5:02:59 PM PST by bfh333 ("Hope"... "Change"... You better HOPE you have some CHANGE after the next 4 years!)
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To: MinorityRepublican

Wife texted me today wanting to know if I was getting another rifle before Obama bans them. of course I dutifully said YES! I love my wife. ;-}


30 posted on 12/19/2012 5:09:40 PM PST by jwalsh07
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