11-13-2012, 10:36 PM #1
Gun sales soaring, AK-47's increasing in popularity after election
Well, something to all the concern after the election? Guns sales are through the roof: http://www.calgaryherald.com/news/li...#ixzz2C9nGp062
Gun sales in America are soaring in the wake of President Barack Obama’s re-election with weapons retailers reporting increased demand for AK-47s.
Owners are concerned about a potential tightening of regulations on assault weapons in the president’s second term.
In October the number of background checks on people applying to buy guns, an indicator of future sales, increased by 18.4 per cent. There was a similar jump when President Obama was first elected in 2008. A total of 12.7 million background checks were carried out, up from 11.2 million in 2007, and the number has been rising since then.
Shares in weapons manufacturers including Smith & Wesson and Sturm, Ruger also surged after the election.
The gun control debate in America wasre-ignited after the massacre at a cinema in Aurora, Colorado, last July in which suspect James Holmes is accused of killing 12 people and injuring 58 during a screening of Batman film The Dark Knight Rises. He used a semi-automatic rifle with a 100-round magazine.
During the election campaign Obama said in a presidential debate: “What I’m trying to do is to get a broader conversation about how we reduce violence generally. Part of it is seeing if we can get an assault weapons ban.”
Obama would still have to get any new restrictions past Republicans in Congress, but gun owners say they fear a limiting of their right to bear arms which is enshrined in the Second Amendment to the Constitution.
Mel Bernstein, of Dragonman Arms in Colorado Springs, said: “I’ve got a stock of these AK-47s, they sell like hot cakes.”