Skip to comments.GOP Aims To Slow Federal Bullet Buys
Posted on 04/29/2013 3:35:06 AM PDT by Biggirl
Republicans want to limit the number of bullets federal agencies can purchase so American gun owners can buy more.
(Excerpt) Read more at thehill.com ...
Buying lots of X is a sure way to INCREASE the supply of X. Even the gubmint has figured that out.
I wonder why they need so much too, but "taking it off the market so the people can't buy it" is not the reason.
I’ll be happy with that. The day I can get 10,000 rds of 22LR for about 3-5 cents around. Or 5,000 rds of 9X19,223/556, 45ACP and 380, 45 COLT, etc.... for way less than a dollar a round.
Next time deals come up on these in bulk, I’m gonna stock it up and stop playing this “find the 22LR game.”
Right now, it’s working in reverse. The DHS commits to buy how many billions of rounds of 9mm and you can’t find 9mm anywhere (although, CTD has a 50 rd box of foreign stuff for $69-it was $79, for example), when and if Walmart gets it and you’re lucky enough to be there you get it for $15 per 50 rds.
GOP aims to look just different enough from the other party to keep getting your votes.
One explanation I read of the unusually high number of rounds used by DHS is that they allow boxes of ammo to be carried off by their agents for personal practice on their own time. If the military were to do that all hell would break loose.
In fact, it sounds like a neat little revenue source for agents who would play the system.
It also sounds like a neat little way to be unaccountable and ship large quantities of rounds to “Fast and Furious” type operations.
>> Next time deals come up on these in bulk, Im gonna stock it up and stop playing this find the 22LR game.
I hear you, brother.
I refuse to pay panic prices for ammo.
But, tell you what, once the panic subsides (and I’m confident it will) I *am* planning to slowly, methodically increase my inventory levels on every caliber I shoot by a factor of 10 over what I used to keep on hand.
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April 29, 2013
Gun shares were trending on Twitter as gun maker Sturm Ruger & Co. (NYSE:RGR) is scheduled to report first-quarter earnings after the bell. Analysts polled by FactSet project earnings of $1.06 a share on sales of $139.3 million, which will be in focus in light of the Newtown school shooting. Shares have gained 8% this year to date but have fallen 3.3% this month.
Fellow gun maker Smith & Wesson Holding Corp. (NASDAQ:SWHC) shares have gained 3.2% in 2013 so far and have also fallen more than 3% in April.
That is why the ammo industry is very slow to react to these events. They have seen quite a few bubbles, and know the down side could kill them.
So the FedGov can, for the medium term, cause a massive hit to the supply of ammo. IF this was meant to be a political tactic, they will do this to limit ammo supplies before a ban.
Notice that is a big IF.
Bullets are those little thingies launched by a firearms that travel through the air until they impact a target or eventually just fall to the ground.
A cartridge consists of a shellcase, primer, propellant powder and a bullets. Multiple cartridges are known as ammunition. The government purchases ammunition.
Bullets are to cartridges as flour is to bread as cement is to concrete, etc. When will they ever learn the terminology?
In terms of the current ammo shortage; it doesn't exist because of government purchases or ammo manufacturers making record quantities. It exists because of excessive purchases by civilian consumers buying far more than they need, for all kinds of absurd reasons.
We have met the enemy - it is us.
Then who will supply the Syrians/Muslim Brotherhood and other “trusted” allies??
100% correct, but you'll never convince this crowd.
I want as much 45 ammo as I can get. I want to see it stockpiled.
So contrary to recent reports denying the stockpiling of ammo...even representatives are concerned.
Can we believe anything at all this regime says?
I was just up at the Bargain Barn here in Jasper Georgia...they had a whole load of about every kind of 45 ACP you can get. Over the last three or four weeks, I’ve picked up 10-13 boxes of 100 rd Winchester target ball ACP at Walmart, three at a time....
The 45s are coming back, the 22s and 9mms are much scarcer...
10 MILLION ROUNDS A DAY!
Where is the .22 LR ammo? In 300 days, they should have made more than enough ammo for the entire U.S.
Where is the .22 LR ammo going?!
Inquiring minds want to know.
My guess is guys like me. I got caught flat footed on 22LR. Minimal supply. Pretty good and the big stuff and the exotic. Real good, in fact - I have a respectable supply.
I didn’t catch the wave of the bulk buyers. The ones that got into every order system on line and choked up their system with backorders of HUGE bulks that they forced the suppliers to stop taking Back Orders. So we (the latelys) are all forced to wait for the B/Os to fill, and compete against the dribs and drabs of smaller bulks that make their way to the dealers. Like I said on another post, the first time I can get an order in for 22LRs in bulk, it will be at least 10,000 rounds. I’m not going through this again.
“...Can we believe anything at all this regime says?....”
Nope. AndyYou’d be a fool if you do.
If their lips are moving, it’s lies being spewed out, and it’s usually just the opposite of what they’re saying.
Thanks for the info...
“Where is the .22 LR ammo going?!”
Into the stockpiles of Americans who are buying it.
Can someone explain why we mostly argue about what is the source of the “shortages”? Is it the federales insatiable buying or is it US, buying all we can get our hands on? And we go on and on this way.
When I want to know what gives, with the federales using our tax dollars as well as money borrowed from China, et al, to stockpile armaments and ammo.
WHY are they doing it?
WHERE IS THEIR AUTHORITY FOR DOING IT??
WHAT ARE THEIR CLAIMED ANSWERS?
WHAT IS THE REAL TRUTH???
And in connection with my previous post, I have this thought: How dare we let them get away with doing this without their having to answer to anyone, while at the same time we are fighting an attempt to “background check” us into obliteration of our rights, under cover of law.
We have a great story to tell, and we’re not telling it. On the one hand we have the federales wanton buying and stockpiling, with no control or answers, on the other hand we’re being attacked with attempts to make US answerable for each little transaction we as individuals make. HUH??
Am I getting through to anyone out there?
The two things should be linked: Hey Manchin, Toomney, Schumer, DIFI, et al, stop the federales from doing this, investigate them for doing it, make them answerable, shut them down, etc etc, and leave us the **** alone.
If what we’re doing is Constitutional and as I suspect, what they’re doing isn’t, then STOP ignoring them and STOP harassing us!!!
We need to hear more about this issue!
DHS ammo purchases were lower in 2012 than in 2011, and lower in 2011 than in 2010.
Ammo shortages are ENTIRELY the result of post-Newtown panic buying, panic buying as a result of news of ammo shortages, panic buying because of idiotic, false articles about huge DHS ammo purchases, and then more panic buying because of news of even larger ammo shortages.
I will of course be flamed for this, but Inhofe and Lucas are not the sharpest knives in the drawer, and this bill is also political pandering to the people who got suckered into the DHS ammo panic.
Expansion in ammunition production is not happening much because of the regulations legislated and enforced by the political/regulator class. The AMMO Act would also have the effect of muzzling the contemporary paradigm of campaigns of hysteria and panic unleashed by spoiled hags running useless offices obese with debt/revenues. Besides, there’s no shortage of demand.
I can tell you with absolute industry insider authority that the limiting factor on production is machinery, which is a long lead time investment.
Hysteria \Hys*te"ri*a\, n. [NL.: cf. F. hyst['e]rie. See Hysteric.] (Med.) A nervous affection, occurring almost exclusively in women, in which the emotional and reflex excitability is exaggerated, and the will power correspondingly diminished, so that the patient loses control over the emotions, becomes the victim of imaginary sensations, and often falls into paroxism or fits. [1913 Webster] Note: The chief symptoms are convulsive, tossing movements of the limbs and head, uncontrollable crying and laughing, and a choking sensation as if a ball were lodged in the throat. The affection presents the most varied symptoms, often simulating those of the gravest diseases, but generally curable by mental treatment alone. Hysteric
I should let you know, though, that I really do generally like contemporary U.S. manufacturers (manufacturing on U.S. soil—not only U.S. “based”) and hope that they do well (especially you, if you’re in it). We should see much more domestic competition, though, in my opinion. Competition is healthy for business and good for the economy (what our great-grandparents in business said: something we no longer hear). Bowing to foreign competition and surrendering, as we have as a nation, is abominable.
If nothing much more than cutting spending, it gives Congress something better to do.
About a year ago, .22LR was going for about 4 cents a round and 45 Colt was going for 75 cents a round (buying factory ammo).
I can now reload 45 Colt for about the same cost as .22LR.
How times have changed.
I was going to buy 2 pounds of powder this weekend. Then, I recalled the story about background checks being discussed in DC. And so I bought 2 more.
Multiple that anecdotal evidence by many millions and you get the situation we currently have.
You can never be too thin or too rich......or have too much ammo.
Actually, it's very unreasonable, since there are more agents/officers now than between 2001 and 2009. If you wish to take away ammo from the Border Patrol, then feel free to push and vote for this BS.
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