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Smith & Wesson President Admits Consumer Anger Hurting Sales

Activism/Chapters Front Page News Keywords: BOYCOTT WORKING
Source: CNS News
Published: June 21, 2000 Author: Jerry Miller
Posted on 06/21/2000 06:16:14 PDT by truthandlife

The president of gun maker Smith & Wesson now acknowledges that a "consumer boycott" over the company's agreement with the Clinton-Gore Administration is hurting the company and was a factor in his decision to suspend virtually all manufacturing at two plants during the month of July. The suspension is expected to result in the layoffs of as many as 400 of the 800 employees in Springfield, Massachusetts and Houlton, Maine.

Threatened with dozens of potential lawsuits from governments trying to recoup financial losses from gun-related violence, Smith & Wesson struck the controversial deal with the White House in March.

In exchange for immunity from the lawsuits, Smith & Wesson promised that its future weapons would be manufactured with trigger locks and smart-gun technology such as the so-called "ballistic fingerprints", which make it easier for law enforcement agencies to figure out which bullet was fired from which gun and biometric identification, which allows only the owner of the gun to fire the weapon. S & W also promised background checks would be imposed at the retail outlets where their guns were sold and at gun shows.

S & W president Ed Shultz responded to questions during a telephone message he left for CNSNews.com. Repeated efforts to get additional comments from Shultz were unsuccessful. However, in the phone message, Shultz laid blame for the layoffs and the decision to suspend production on seasonally lower gun sales. He also noted the company has probably been hurt by a boycott of gun buyers and Second Amendment advocates, angry at the agreement the company reached with the White House. Shultz acknowledged losing some former customers and accused the media of making too much of that.

During a previous interview, Shultz insisted the company had little choice but to sign the agreement, or risk the possibility of being put out of business by a growing number of lawsuits brought by cities, counties and states, angered over gun safety issues.

While Shultz downplayed the importance of the agreement in terms of slower sales, other gun advocates did not.

"I can't say for certain that it's a boycott and I see no response on the part of the rest of the industry. However, we've received hundreds of e-mails...scores and scores...in opposition to the agreement and I believe Smith & Wesson has gotten the same thing," said Bob Delfay of the National Shooting Sports Foundation, a Connecticut-based industry organization with 1,800 members involved in the manufacturing, distribution and retailing of weapons.

Any effort by the gun industry to organize and promote a consumer boycott against Smith & Wesson could result in a Department of Justice investigation and the filing of charges against participants, as a violation of the nation's anti-trust laws.

Delfay provided examples of the e-mails, all of which faulted the company for its decision to enter into the agreement with the government. A retired U.S. Navy Special Operations officer characterized the agreement as a "betrayal by S&W" and as a "sham on the people who believe in the right to bear arms." The writer added, "It's an affront to the drafters of the Constitution and all those who gave their lives or continue to serve in our armed forces...it's a phony attempt to keep their business going while drawing favorable political light on themselves...I say good riddance to S&W and hope no one will ever buy a weapon they make."

Another e-mail writer characterized the agreement as a "sell out decision by Smith & Wesson," and added, "Immediately following the deal announcement, I mailed a letter to the S&W CEO stating that I planned to boycott the company and I would encourage my family and friends to do the same."

In an April 6th e-mail, sent directly to Shultz, a copy of which was sent to Delfay, a female writer said the agreement has forced her "to vote with my dollars. Therefore, I will buy no more S&W products of any kind, nor will I support advertisers and dealers of your products." The writer added, she was "exercising my options in a free market economy to support financially and politically those in agreement with my personal values. Hence, please do not include this communication as 'evidence' of any organized conspiracy or anti-trust activity against your company. I'm just one more supporter of the 2nd Amendment, who is appalled at your company's political stance."

Larry Pratt, executive director of the Springfield, Virginia-based Gun Owners of America, told CNSNews a consumer boycott of the company "is something we have urged." Urging Smith & Wesson to "repudiate the agreement," Pratt added the pact has "enormous implications for dealers.""Smith & Wesson is continuing to be isolated. They depend on the civilian market for sales...the government can't turn on a dime and buy Smith & Wesson guns on a politically correct basis."

Pratt also accused the Clinton-Gore Administration of "acting like the Mafia...we won't block you, as long as you pay our extortion...so Smith & Wesson blinked. They're now being rewarded by the government with purchases." Pratt also characterized the agreement as "a monstrous introduction of Fascism into the economy, by the Clinton Administration...it's legislation without the legislature...It's an agreement, not a law, so it's not reviewable by the courts."

Asked about the layoff of Smith & Wesson employees, Pratt said he hopes other gun makers would pick them up, should a consumer boycott drive the company out of business, but added, "If it's a question of their jobs, over my freedom, I have no question about where I come down...what's happening is a spontaneous reaction against Smith & Wesson. People just don't want to do business with someone like this. It's very dangerous for our freedom and it's very bad for the dealers."


1 Posted on 06/21/2000 06:16:14 PDT by truthandlife
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To: truthandlife

You can have customers, or masters.

You chose poorly(as all socialists do).

2 Posted on 06/21/2000 06:22:53 PDT by laotzu
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To: truthandlife

S&W has been successful in its public relations campaign to please people who don't buy guns. Did they forget who their customers were?

LOL

3 Posted on 06/21/2000 06:25:41 PDT by gcul
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To: truthandlife

Shultz insisted the company had little choice but to sign the agreement, or risk the possibility of being put out of business by a growing number of lawsuits brought by cities, counties and states, angered over gun safety issues.

Or hire better lawyers. What if they took the risk and WON? They would be considered heroes to all the boycotters. Giving up your freedom for security is a bad choice. Even if you are a business.

Mr.M

4 Posted on 06/21/2000 06:33:56 PDT by Marie Antoinette
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To: gcul

#3: It's political scum like Giuliani who are causing the gun manufactures to deal with the devil.

I bet you'd still vote for Giuliani, despite his attack on our Second Amendment.

*********
***********************

Monday June 19 06:27 PM EDT N.Y. City To Sue 30 Gun Makers

N.Y. City To Sue 30 Gun Makers

By DONNA DE LA CRUZ, Associated Press Writer

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NEW YORK (AP) - The city plans to sue approximately 30 gun manufacturers for negligent marketing and distribution of guns, Mayor Rudolph Giuliani said Monday.

The lawsuit, to be filed in federal court Tuesday, seeks unspecified damages but Corporation Counsel Michael Hess said it could run in the tens of millions of dollars.

``Manufacturers sell guns and have guns distributed in states with very weak gun laws, knowing that these guns will be transported from weak gun law states to strong gun law states,'' Hess said.

The city will also cite deceptive advertising used by gun makers, such as saying that homes with guns are safer than homes without firearms. Hess said there are numerous studies that prove that theory wrong.

Among the defendants will be Smith & Wesson, the nation's largest gunmaker, Hess said. Reached after business hours, the company said no one was available to comment.

Last year, a Brooklyn federal jury found several major handgun makers liable for shootings because of irresponsible marketing. But only three defendants - American Arms, Inc., Beretta USA, Inc., and Taurus International Manufacturing, Inc. - were ordered to pay $500,000 to a man who had survived being shot in the head with an illegal handgun. The mixed verdict left both sides claiming victory.

However, U.S. District Court Judge Jack Weinstein did dismiss the cases against gun makers in the shootings of six victims because the jury, despite finding liability, failed to award the victims any damages.

The Giuliani administration's move follows similar lawsuits filed against the firearms industry by cities including New Orleans, Chicago, Miami, Atlanta and Cleveland.

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5 Posted on 06/21/2000 06:35:23 PDT by Jethro Tull
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To: Marie Antoinette

The Isanti, Minnesota gun show two weekend ago featured NO NEW S&W PRODUCTS. Good.

6 Posted on 06/21/2000 06:38:41 PDT by Eric in Mpls
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To: truthandlife

What would it take to set up an underground weapons manufacturing system? You know, to provide for the revolution once all the registered guns are confiscated?

7 Posted on 06/21/2000 06:42:07 PDT by Junior
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To: truthandlife

Whoever was responsible for making the ultimate decision to go along with Clinton should be out on the street looking for a job right now....

8 Posted on 06/21/2000 06:42:20 PDT by zcat
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To: Eric in Mpls

I sold 6 of my newly purchased S&W's to students in my concealed handgun course. I advised them of the agreement and told them that they had a choice to buy a new weapon, or pay less for a used one (decision still theirs).

They all bought used S&W's. The only S&W I still have is my S&W Model 76 (T-room) 9mm SMG and my used Model 640.

S&W can kiss my Class 3 rear!

Can I get a full auto bump?

9 Posted on 06/21/2000 06:42:29 PDT by dcbryan2 (dcbryan1@aol.com)
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To: truthandlife

At the present I truly hope S&W is forced out of business and those manufactures carrying the fight flourish!

10 Posted on 06/21/2000 06:50:56 PDT by RAY
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To: Jethro Tull

In New York races it seems always the case of voting for the lessor of evils. One could probably safely bet that NY’s high level of violent crimes is, in part, because of their oppressive gun laws.

11 Posted on 06/21/2000 07:01:22 PDT by RAY
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To: truthandlife

I tell everyone I can not to buy S&W, including those at the range and here on FR.

I was watching "Tales of the Gun" (Monday nights 11PM A&E) a few weeks ago. They went through the whole history of S&W. This will surely go down as the stupidist business decision ever made by a gun manufacturer.

12 Posted on 06/21/2000 07:03:05 PDT by AAABEST
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To: Jethro Tull

This post should have come with a barf alert!

13 Posted on 06/21/2000 07:08:12 PDT by Sunshine Sister
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To: truthandlife

DON'T LET UP!! These Friends of the Redcoats must be crushed completely. They must be an example to any other organization/company that is considering the betrayal of Liberty.

14 Posted on 06/21/2000 07:10:16 PDT by VoodooEconomist
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To: Junior

What would it take to set up an underground weapons manufacturing system? You know, to provide for the revolution once all the registered guns are confiscated?

By that time, we will be considered criminals. So we would just follow the trail that criminals follow today in order to obtain weapons illegally. You didn't really think they were abiding by those gun laws, did you?

15 Posted on 06/21/2000 07:12:26 PDT by VoodooEconomist
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To: truthandlife

"In exchange for immunity from the lawsuits, Smith & Wesson promised that its future weapons would be manufactured with trigger locks and smart-gun technology such as the so-called "ballistic fingerprints", which make it easier for law enforcement agencies to figure out which bullet was fired from which gun and biometric identification, which allows only the owner of the gun to fire the weapon."

And who would be STUPID enough to buy one of these or use it, for that matter? Certainly NOT the criminals. Geeeeeeeeezzzzzzzz.

16 Posted on 06/21/2000 07:13:01 PDT by MadAsHell
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To: VoodooEconomist

GOOD FOR THEM! THEY DESERVE IT! How can a company make an exchange with the Govt. for immunity from lawsuits? Are us citizens and companies now prevented from suing S&W if they want to? Isn't this unconstitutioal? geeze louise!!!!

17 Posted on 06/21/2000 07:14:36 PDT by Mr. K
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To: truthandlife

S&W, Rest In Peace.

18 Posted on 06/21/2000 07:16:44 PDT by Lazamataz
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To: dcbryan2

I don't think there's a need to dump your old S&W's...I would never give up my Mod. 17, .22 revolver. We just need to keep the squeeze on Tomkins PLC, the English owner of this company and force them to take S&W into banruptcy court. Then perhaps S&W can have a new life with a new owner around the time we get a new administration (and some fresh faces on the high court, too).

19 Posted on 06/21/2000 07:20:32 PDT by Eric in Mpls
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To: truthandlife

Mr. Schultz,

You made your coffin, and lined it with shreddings of the Constitution.

Hope it fits well. Hope you enjoy popularity among the liberals and the media. That's all we're going to leave you.

20 Posted on 06/21/2000 07:25:46 PDT by RebelStorm
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To: Mr. K

GOOD FOR THEM! THEY DESERVE IT! How can a company make an exchange with the Govt. for immunity from lawsuits? Are us citizens and companies now prevented from suing S&W if they want to? Isn't this unconstitutioal? geeze louise!!!!

So you sue them and win. By the time the case would be over, S&W would have been liquidated.

21 Posted on 06/21/2000 07:31:50 PDT by connectthedots
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To: Lazamataz

S&W, Rest In Peace.

My sentiments exactly! Adios S&W.

22 Posted on 06/21/2000 07:36:08 PDT by waonkon
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To: gcul

"S&W has been successful in its public relations campaign to please people who don't buy guns. Did they forget who their customers were?"

I love it. Quote of the week indeed.

23 Posted on 06/21/2000 07:42:08 PDT by Texas Mom
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To: RebelStorm

You made your coffin, and lined it with shreddings of the Constitution....

Can't have said it better!

24 Posted on 06/21/2000 07:43:11 PDT by Hang'emAll (WE WILL NOT DISARM!!!)
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To: waonkon

Hear James Trafficant use an expression last night that I just loved. It could relate to S&W..

"Their head wrote a check their assets can't cover."

25 Posted on 06/21/2000 07:45:33 PDT by Texas Mom
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To: waonkon

S&W = "Snivel & Whine"

26 Posted on 06/21/2000 07:47:10 PDT by N. Theknow
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To: truthandlife

See this $ Mr. Schultz?

As the Soup Nazi says - "None for you!"

27 Posted on 06/21/2000 07:47:37 PDT by RebelStorm
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To: VoodooEconomist

"friends of the Redcoats"? THEY ARE THE REDCOATS. S&W is British owned, or at least was.

28 Posted on 06/21/2000 07:49:42 PDT by Boonie Rat
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To: truthandlife

The hidden risk in all this is that the liberals might rally behind S&W and go out and buy a bunch of their guns to keep them afloat -- you know, kind of a counter boycott initiative. Then, we'd not only have to deal with lobotomized liberals like we've been doing since the '60s, but they'd be armed as well. Good grief.

29 Posted on 06/21/2000 07:55:13 PDT by Imagine
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To: Imagine

The liberals are much too terrified of these evil instruments of death and destruction to buy one. Where would they store it safely? Los Alamos?

30 Posted on 06/21/2000 08:18:26 PDT by ralph
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To: truthandlife

What's this BS about an organized boycott violatting Anit-trust laws. NAACP activity in South Carolina and now Ole Virginia come to mind. Hmmmmm. Also any activity to prevent ME from participating in any boycott would violate MY right of Freedom of Speech and Association (see 1A for further info!). Oh well once the Second is gone with, we really won't need to worry about the others b/c surely the Feds will adequately protect them for us. ONe more thing. What the H!!! is a British company owning a gun company for. They outlawed all guns in G.B. Seems strange. Maybe their motives SHOULD be questioned. See ya S&W.

31 Posted on 06/21/2000 08:20:05 PDT by NEWSOUTH
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To: truthandlife

"Pratt also accused the Clinton-Gore Administration of "acting like the Mafia...we won't block you, as long as you pay our extortion...so Smith & Wesson blinked. They're now being rewarded by the government with purchases." Pratt also characterized the agreement as "a monstrous introduction of Fascism into the economy, by the Clinton Administration...it's legislation without the legislature...It's an agreement, not a law, so it's not reviewable by the courts."

"Fascism" is exactly the right word...MUD

32 Posted on 06/21/2000 08:21:14 PDT by Mudboy Slim
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To: Jethro Tull

In exchange for immunity from the lawsuits, Smith & Wesson promised that its future weapons would be manufactured with trigger locks and smart-gun technology such as the so-called "ballistic fingerprints", which make it easier for law enforcement agencies to figure out which bullet was fired from which gun and biometric identification, which allows only the owner of the gun to fire the weapon. S & W also promised background checks would be imposed at the retail outlets where their guns were sold and at gun shows.

These blurbs from the media never mention the worst parts of the agreement. Maybe they don't want the public to know just how fascist and intolerable the agreement really is. That way, we "gun nuts" can be portrayed as unreasonable, fanatical, Neanderthals for opposing the "reasonable" S&W/Clinton agreement.

The full agreement is way too long to post here, but it basically includes elements of almost everything on the HCI/Clinton wish-list, short of a complete gun ban.

Just a very few of the many "unmentionables" that are never brought out by the media:

1. Gun rationing, a S&W dealer can't sell more than 1 gun to the same customer within 2 weeks.
2. No S&W dealer can operate at a gun show which doesn't require background checks for private sales. (notice that the CNN article, and most other media articles, gives the impression that background checks aren't required even for FFL dealer sales at gun shows)
3. All company operations are to be managed by an oversight committee comprised of both company personnel and government agents. This would cover all operations from design and development through final sales and distribution.

4. Independent S&W distributors and dealers are to be virtually taken over by S&W and the government. Most day-to-day operating procedures of all distributors and retailers who sell S&W guns are to be dictated by S&W and it's oversight committee.

These are just a few of the many government demands that S&W agreed to. It is inconcievable to me that any company CEO would agree to sign his company over to the Clinton administration this way. Ed Shultz, S&W CEO, should end up broke and unemployed for signing this agreement. One of the grandest old names in American firearms has been destroyed, for all practical purposes. This is just one more reinforcement of the implacable hatred and contempt I feel for this despotic administration. You can be sure that if Gore is elected, his will be even worse for every liberty-loving American, and especially for gun owners. In fact, I predict that after 8 years of a Gore administration there would be no RKBA left at all.

I intend to keep the Smith revolvers I already own, but any future Smiths I aquire, if any, will be ones made and sold prior to this agreement. S&W must be boycotted by all gun buyers to demonstrate to the other manufacturers that they can't cut deals with the devil and still be accepted by their customers.

33 Posted on 06/21/2000 08:28:18 PDT by epow
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To: Imagine

The hidden risk in all this is that the liberals might rally behind S&W and go out and buy a bunch of their guns to keep them afloat -- you know, kind of a counter boycott initiative. Then, we'd not only have to deal with lobotomized liberals like we've been doing since the '60s, but they'd be armed as well. Good grief.

Never happen. Remember they think guns themselves are evil. A more likely scenario is that the Dems will figure some way to prop them up once all their civilian business is gone. A recent 300 million grant to study 'smart gun' technology was a much needed shot in the arm.

Maybe S&W will go bankrupt and some patriots with deep pockets can buy the name....that's the only way I'd ever buy S&W again.

34 Posted on 06/21/2000 08:28:46 PDT by ICU812
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To: Junior, VoodooEconomist

Junior:


What would it take to set up an underground weapons manufacturing system? You know, to provide for the revolution once all the registered guns are confiscated?

Firearms are "old technology."

Anybody with a lathe and a milling machine who is sufficiently ept (as opposed to being inept) can manufacture a firearm that's about as good as anything made today.

Making a "crude" firearm is much, much simpler.

VoodooEconomist:


By that time, we will be considered criminals. So we would just follow the trail that criminals follow today in order to obtain weapons illegally. You didn't really think they were abiding by those gun laws, did you?

And if we're criminals, they can't force us to register our guns, or prosecute us for failing to do so.

The Supreme Court said so- try that one on the next person who says that registration of firearms is reasonable. (Are you lurking, Bill O'Reilly? If so, your show is great, but your opinion on registration isn't.)

35 Posted on 06/21/2000 08:31:12 PDT by George Smiley (george.smiley@mailcity.com)
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To: truthandlife

"Any effort by the gun industry to organize and promote a consumer boycott against Smith & Wesson could result in a Department of Justice investigation and the filing of charges against participants, as a violation of the nation's anti-trust laws. "

Tal, Bring the FASCISTS on. Let them reveal their true NATURE right up front. Peace and love, George.

36 Posted on 06/21/2000 08:32:38 PDT by George Frm Br00klyn Park
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To: truthandlife

"It's an agreement, not a law, so it's not reviewable by the courts." "

TAL, It's an "agreement" that violates anti-trust laws. It can be looked at by the courts, and investigated by congress. Fat chance. Peace and love, George.

37 Posted on 06/21/2000 08:36:45 PDT by George Frm Br00klyn Park
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To: truthandlife

Shultz insisted the company had little choice but to sign the agreement, or risk the possibility of being put out of business by a growing number of lawsuits brought by cities...

They were naive enough to believe that the government would protect them from both consumer anger and from lawsuits by smaller government entities. In fact, it protected them from neither. I can see them being fooled and intimidated by rapacious litigation, but the real problem is strictly a classic business error: the new management didn't understand its market. This is as basic and as silly as a lemonade stand trying to sell castor oil because the government says it's more healthy.

38 Posted on 06/21/2000 08:42:51 PDT by Billthedrill
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To: truthandlife

What a bloody shame; S&W made a beautiful, precision product; & under this clown's charge?

The company lies in ruin.

My beloved nickel plated Model 29 will forevermore be close to my heart; in any event.

39 Posted on 06/21/2000 08:43:12 PDT by Landru
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To: Landru

If I am not mistaken this is the SECOND company to be burned bad by licking the ground for Clinton and company's "gun" crap.

The other was Citibank(?). Just after Robert Rubin left the Sec. of Treasury postion under Bill and joined this bank, it announced that it was eliminating all accounts with gun selling stores. RESULT: So many other account holders with them wrote to them and said they were moving their accounts to other banks that after a month Citibank announced it was dropping the stance it had taken just after Bill's boy (and Goldman Sachs' boy) Rubin joined them.

40 Posted on 06/21/2000 08:53:34 PDT by Joe Montana
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To: joanie-f,Jeff Head,

bmp

41 Posted on 06/21/2000 08:55:47 PDT by Joe Montana
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To: Junior

What would it take to set up an underground weapons manufacturing system? You know, to provide for the revolution once all the registered guns are confiscated?

First, a large supply of rifled barrel blanks. If I were to choose, I'd select two or maybe three calibers, with one of them being .308 and one being a larger pistol caliber, and buy a bunch of two- to three-foot blanks in those calibers, with the objective of cutting some of them up to make handguns. (Rifling a barrel so that it shoots well is a tough job and can't be done without lots of specialized equipment and experience.)

Next, a metal lathe, preferably 36" or greater, with a bunch of miscellaneous hardware, including chamber reamers. These are easily procured, but they're heavy (just under a ton) and expensive ($3000-$4000 new), and frequently require exotic power (three-phase 480V, for example).

Next, a mill-drill with at least a six-inch throw, plus assorted hardware. This will be somewhat less expensive, in the neighborhood of $1000-$1500 new.

Finally, miscellaneous power tools like a metal-cutting bandsaw and a grinding/polishing/buffing wheel, and instruments like micrometers and headspace gauge sets and so on.

Presto! You're ready to start building guns.

However: for an oppressed population, Saturday Night Specials (the real kind, not the kind the airheads in Congress are constantly on about) will probably be more useful. Make yourself a really quick-and-dirty single-use short-range (or even contact-range) disposable firearm, and use it on a JBT to get a real firearm and a little ammunition for it. Use that to acquire more firearms and equipment and outfit more people. Then, when you're ready, knock over a government armory somewhere and grab not just small arms, but antiarmor weapons and trucks and APCs and ammunition and maybe even a helicopter or two.

That's how it goes in guerrilla warfare.

But a number of these steps will probably not be necessary, because in this country there are a lot of unregistered firearms, and even among the registered ones, there are plenty that will be "lost" in time for confiscation and accidentally rediscovered later.

42 Posted on 06/21/2000 08:58:23 PDT by Barak
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To: Landru

Like I said, keep the oldies but goodies. I hope S&W will someday escape from these bastards. They made a surperb product.

43 Posted on 06/21/2000 08:59:12 PDT by Eric in Mpls
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To: epow

I hate to take up so much space on the thread, but, since the media never gives out the worst parts of this abomination, I think it is important that as many people as possible know just how bad the agreement is. So, here is a summary of the effects of the deal as analysed by the NRA:

CONSUMER IMPACT . . .

Prohibited from buying more than one handgun in a 14-day period.

Prohibited from buying a firearm without passing an unspecified safety test.

Prohibited from buying a self-defense handgun that did not meet arbitrary accuracy standards.

Prohibited, if under age 18, from even walking into the firearms section of a sporting goods store unless accompanied by a parent or guardian.

DEALER IMPACT . . .

Prohibited from selling legal semi-automatic rifles, commonplace ammunition magazines and firearms that do not meet the difficult standards established in the agreement.

Prohibited from selling firearms at any gun show where any legal private sale is conducted.

Required to include with every firearm sold, a false written statement in large bold-face type that hundreds of children die each year from firearm accidents.

Required to carry $1 million in liability insurance and perform tasks properly handled by law enforcement to comply with the edicts of a new "Oversight Commission."

MANUFACTURER IMPACT . . .

Prohibited from marketing any firearm in a way that appeals to young shooters and hunters.

Required to dedicate 1% of revenues to a propaganda campaign promoting the dangers of gun ownership.

Required to support legislative efforts to reduce firearms misuse and development of "smart" gun technology.

Required to "ballistically fingerprint" every firearm, thus setting up backdoor national firearms registration.

Required to meet certain unproven design standards for handguns sold only to civilians--guns sold to military and police would be exempted, thereby showing the intent is not to make guns safer or better, but to impose standards that will ultimately eliminate sales, to private citizens.

Required to manufacture pistol with positive, manually-operated safety devices as determined by BATF standards applying to imported handguns. BATF has repeatedly handed down politically-driven misinterpretations of the "sporting purposes" importation law, to prohibit many semi-auto rifles and handguns.

CONCLUSION:

Sold as getting S & W out from under reckless litigation, the true intent of this agreement is to force down the throats of an entire lawful industry anti-gun polices rejected by the Congress, rejected by legislatures across America, and rejected by the judges who have dismissed their lawsuits in whole or in part nearly without exception.


The entire text of the agreement is also available at the NRA website.

44 Posted on 06/21/2000 09:03:23 PDT by epow
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To: truthandlife

Famous bad business decisions:

1. Coca Cola issuing New Coke.

2. Snapple dumping Rush as a spokesman.

3. Toys 'R' Us refusing to lease in same building as NRA restaurant.

4. Smith & Wesson bending over for Clinton-Gore.

45 Posted on 06/21/2000 09:03:34 PDT by PJ-Comix
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To: Boonie Rat

S&W is British owned, or at least was.

That's why they don't give a crap about our 2nd Amendment.

46 Posted on 06/21/2000 09:13:41 PDT by waonkon
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To: Billthedrill

Shultz insisted the company had little choice but to sign the agreement, or risk the possibility of being put out of business by a growing number of lawsuits brought by cities...

That statement should scare even the gungrabbers, but, being fascists, they applauded it instead. S&W and everybody else have never been guilty of anything. But under this corrupt regime, they know they can be hauled into court on trumped-up charges, tried by the government media, and found guilty by a government-tampered jury. The same thing holds true for Bill Gates.

When the government itself becomes the biggest lawless force in society, this is what's in store for anybody that doesn't arrange for "protection". It has nothing to do with guilt or innocence, but plenty to do with lack of justice. It's what happens when you stop guarding the guardians.

47 Posted on 06/21/2000 09:16:40 PDT by 300winmag
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To: epow

Bad as all the requirements of the S&W agreement were, it was the one which required all S&W dealers to impose the same S&W provisions on all weapons from other manufacturers which was the worst. This is the real reason for the boycott and the anger at them. The agreement S&W signed was designed to draw the entire gun industry into the same agreement.

48 Posted on 06/21/2000 09:32:37 PDT by George W. Bush
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To: Jethro Tull

In exchange for immunity from the lawsuits, Smith & Wesson promised that its future weapons would be manufactured with trigger locks and smart-gun technology such as the so-called "ballistic fingerprints"...

AND IN NEW DEVELOPMENTS:

NEW YORK (AP) - The city plans to sue approximately 30 gun manufacturers...Among the defendants will be Smith & Wesson, the nation's largest gunmaker, Hess said.

Gee, didn't Shultz just say that he was supposed to be immune from these lawsuits. What IDIOTS. Did he really think that the criminal Clinton/Gore enterprise would keep their word. Clinton has NEVER kept his word to anyone. Welcome to the den of SATAN Mr. Shultz, you surely will get what you're entitled too.

49 Posted on 06/21/2000 11:19:40 PDT by I dial 357
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To: Joe Montana

"RESULT: So many other account holders with them wrote to them and said they were moving their accounts to other banks that after a month Citibank announced it was dropping the stance it had taken just after Bill's boy (and Goldman Sachs' boy) Rubin joined them."

I remember this well, Joe; as if it were yesterday.

Take one guess who sent their Platinum Citibank cards back to 'em in pieces? -Just one guess-

These outfits, the Toys-R-Us, K-Marts, P&Gs, and many others must be made to understand that when they make these PC-like decisions...in areas of NO damned concern to them or their business?

They're to lose a hefty percentage of their business; and lose it forevermore.

Of course; don't ever expect 'em to admit they're hurting. To admit defeat, in the face of facts, isn't part of the makeup of this *new* ilk of SOB; & ya know who they learned that *bit* of PolySci crappola from, right?

That's why, IMO, [we] must STRIKE the word, "boycott" & replace it with the word, "Banned;" whenever action's taken against one of these arrogant corporations.

IF these suits know beforehand they'll be shunned by people with permanent resolve? That'd make 'em think twice before opening their big mouths & send 'em scurring back to their marketing gurus for a *new* way in which to express themselves, their product(s) that's, how should I say, more *inclusionary* to all Americans; including those who'd describe themselves as Patriots?

50 Posted on 06/21/2000 11:47:12 PDT by Landru
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To: Eric in Mpls

Trust me, I have.

I just don't go waving 'em around in people's faces.

If I said I could, with any one of my hand guns, be it a Star 9mm, Colt .45 auto & Python 357, or any of several S&W's, flick *a* gonad off a house fly at 30 feet; why that'd make me a braggard. So I won't & don't.

Handguns & weapons of any sort are to me, a bit like having intimate relations with a Lady. I don't find it something I discuss openly.

As long as there's a dialog, though; personally speaking?

I'm partial to the mechanical sound(s) generated by a 12 ga shell being chambered...universally *understood* sound by all the right people making anything I have to say; really quite unnecessary.

51 Posted on 06/21/2000 12:04:09 PDT by Landru
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To: Landru

loose lips sink ships.

52 Posted on 06/21/2000 13:07:06 PDT by Eric in Mpls
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To: Landru

"IF these suits know beforehand they'll be shunned by people with permanent resolve? That'd make 'em think twice before opening their big mouths & send 'em scurring back to their marketing gurus for a *new* way in which to express themselves, their product(s) that's, how should I say, more *inclusionary* to all Americans; including those who'd describe themselves as Patriots?"

Right-on, I'm with you!!!!

53 Posted on 06/21/2000 13:37:41 PDT by blackie
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To: Landru

"I'm partial to the mechanical sound(s) generated by a 12 ga shell being chambered...universally *understood* sound by all the right people making anything I have to say; really quite unnecessary."

It's music to my ears too!
I recently purchased a Mossberg 500 12 gauge, with extended magazine, I installed pistol grips fore and aft, barrel shroud, carrier for extra shells and a sling, it is a perfect porch duster! ;-)

54 Posted on 06/21/2000 13:44:04 PDT by blackie
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To: truthandlife

In exchange for immunity from the lawsuits, Smith & Wesson promised blah blah blah...

1. Since when can the Federal government exercise prior restraint over citizens' and cities' judicial due-process rights? In other words, where does the Fed get off promising immunity from lawsuits by anyone other than the Fed?

2. What makes S&W think that a promise by the FedGov - especially the current blatantly-corrupt-and-headed-by-a-known-liar administration - is worth anything at all?

55 Posted on 06/21/2000 13:57:09 PDT by CzarChasm (The most INDICTABLE administration in history!)
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To: truthandlife

The suspension is expected to result in the layoffs of as many as 400 of the 800 employees in Springfield, Massachusetts and Houlton, Maine.

I hope most are in Mass. I wonder how many voted for Uncle Teddy?

56 Posted on 06/21/2000 14:13:39 PDT by MileHi
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To: truthandlife

If I were a stockholder of S&W I would be contacting my lawyer right about now to file a suit against the CEO.

Even a Brit had to know he was signing a death warrent for his company.

57 Posted on 06/21/2000 14:17:52 PDT by McGavin999
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To: McGavin999

Italians begone?

58 Posted on 06/21/2000 14:26:04 PDT by Billthedrill
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To: blackie

re#53: Just make sure when you *strike* a firm from your list of acceptable businesses who've earned your trade?

You mean it.

Then? Forget about 'em. Permit time, and the market, to have its way.

Ya know? Don't go away mad; but do go away? :)

One thing I've learned; the Liberal ilk these sickening entities seem so hell-bent to please? Are NOT the people paying their bills, their grandiose salaries, and providing the foundation for their *good life*?

They need time to *learn* these things! For heaven's sake; we're talking about Rhodes Scholars here, afterall. ~Really~ :o)

59 Posted on 06/21/2000 16:33:54 PDT by Landru
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To: truthandlife

Die Smith & Wesson! DIE!

60 Posted on 06/21/2000 16:36:01 PDT by AAPATRIOT
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To: truthandlife

Boycott S & W. I hope they go belly up.

61 Posted on 06/21/2000 16:39:50 PDT by Cautor
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To: truthandlife, Joe Montana

Thanks for the heads-up, Joe.

The entire purpose of this agreement is (as is usual practice for this administration and their loyalists) to create law without the consent of Congress. Whatever circuitous way is necessary (be it by means of an Executive Order, or Executive/Judicial Branch (now one in the same) extortion, etc.), the leftists are bent on having their way with the businesses/people of America. We are all being systematically raped by our own government.

The most sickening part of all of this (putting aside, for a moment, the final end which they believe their unconstitutional means justify: the removal of guns from the hands of law-abiding Americans) is that those gun manufacturers who have stood fast in their unwillingness to be strong-armed by their government are going to suffer the same fate as the one who capitulated (too kind a word, but I'm a lady....).

The American government itself has become the most potent threat to true liberty and justice on this continent. It has become a self-perpetuating behemoth, intent on extorting its way into the lives of its people, and the practices of its business. As a result, two of the most precious, defining aspects of the American saga, individual liberty and free enterprise, are fast nearing extinction. And we have the Ed Schultzes of this world to thank for that -- as well as those of us who witness his timidity and do not cry out at the far-reaching implications his surrender to the federal bullies has for us all.

(I own a S&W .38 and .357 magnum, and I will treasure them as having been produced back when S&W made a proud, quality product, and before the benchmark Clinton/Schultz Agreement-By-Extortion).

62 Posted on 06/21/2000 18:53:47 PDT by joanie-f
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