Category Archives: gun control

Deerfield, IL., Passes Gun Ban, Votes To Fine Citizens $1,000 per Day For Possession

CBS News is reporting that the Chicago suburb of Deerfield, Ill., voted Monday to “ban the possession, sale, and manufacture of assault weapons and large capacity magazines to ‘increase the public’s sense of safety.’”

The ordinance adopted Monday states that the possession, manufacture, and sale of assault weapons in the Village of Deerfield “is not reasonably necessary to protect an individual’s right of self-defense or the preservation or efficiency of a well-regulated militia.”

Further, CBS News reports that citizens “refusing to give up their banned firearm will be fined $1,000 a day until the weapon is handed over or removed from the town’s limits.”

Christina Capatides reports:

So, beginning June 13, banned assault weapons in Deerfield will include semiautomatic rifles with a fixed magazine and a capacity to hold more than 10 rounds of ammunition, shotguns with revolving cylinders, and conversion kits from which assault weapons can be assembled. And those are just a few of the firearm varieties banned. The list is long and includes all the following models or duplicates thereof: AK, AKM, AKS, AK-47, AK-74, ARM, MAK90, Misr, NHM 90, NHM 91, SA 85, SA 93, VEPR, AR-10, AR-15, Bushmaster XM15, Armalite M15, Olympic Arms PCR, AR70, Calico Liberty, Dragunov SVD Sniper Rifle, Dragunov SVU, Fabrique NationalFN/FAL, FN/LAR, FNC, Hi-Point Carbine, HK-91, Kel-Tec Sub Rifle, SAR-8, Sturm, Ruger Mini-14, and more.

Yes, they did remember to include the infamous AR-15 among their list of “assault weapons.”

So, no one’s talking about taking your guns away, right? You’ll just be fined $1,000 a day until you hand your legally purchased AR-15 over to the authorities.

At least Deerfield will know it clarified that whole confusing “well-regulated militia” thing, interpreting it as a ban on just about any semiautomatic weapon they can name.

Source: Twitchy

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BlackRock Removes Wal-Mart, Dicks From ‘Commie Conscious’ ETFs Over Gun Sales

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In what may be its grandest – if most hollow – virtue signaling gesture to date, BlackRock is planning to strip shares of major gun retailers like Wal-Mart, Dick’s Sporting Goods and Kroger from several “environmental social and governance focused funds” as the world’s largest asset manager races to cash in on the market for ESG products, which have been rapidly growing in popularity.

Effectively BlackRock is offering is offering gun-free versions of IWM and AGG. Why? So that even more people will buy its segmented, “socially responsible” products of course and feel good about themselves, while making sure that Larry Fink’s 2018 bonus is an all time high.

Even though Wal-Mart, Dick’s and other retailers raised the age limit for buying assault rifles to 21, among other measures, in the wake of the Valentine’s Day massacre at Marjorie Stoneman Douglas High School in Parkland, Fla., the Wall Street Journal reported that BlackRock will exclude these retailers on the basis that haven’t stopped selling guns altogether. Shortly after the shooting, BlackRock said it would speak with weapons manufacturers to “understand their responses” to the second-deadliest public school shooting in US history.

As Bloomberg further explains, the iShares MSCI USA Small-Cap ESG Optimized ETF, which will start trading on or about April 12, will track investment results of an index that is mostly made up of small-cap U.S. companies. BlackRock also filed an initial registration statement for the iShares ESG US Aggregate Bond ETF. Both ETFs will exclude producers and big retailers of civilian firearms.

While the asset manager is planning to offer a suite of new ESG products, its existing offerings have a total of $2.2 billion AUM – a paltry sum compared with the company’s $6 trillion AUM.

BlackRock plans to strip all gun sellers and retailers including Kroger from its current lineup of seven so-called ESG funds, which have some $2.2 billion in assets. Those products had minimal exposure to such firms.

It is also planning to offer new ETFs and pooled funds to 401(k) retirement savings plans that exclude gun makers and retailers. One of those ETFs will track the performance of a new bond index that is similar to the Bloomberg Barclays US Aggregate Bond Index, but excludes issuers that make 5% or more or $20 million in revenue from gun-related products.

Furthermore, while BlackRock’s leaders would prefer its customers to interpret this as a noble example of corporate activism, there’s at least one ulterior motive that we can see: Publicly-traded weapons makers are struggling in the Trump era amid a slump in gun sales (many assume that Trump will protect their second amendment rights at all costs, and therefore there is no longer the same urgency to stock up on weapons that existed during the Obama era).

And while one might’ve expected the shooting to lead to renewed interest in these stocks (a pattern typically observed during the Obama era), both Sturm Ruger and American Outdoor Brands – the holding company of Smith & Wesson – have struggled in the wake of the Parkland shooting. Meanwhile, Remington, America’s second-largest gunmaker, recently filed for bankruptcy.

And when it comes to gun retailers – even giant companies like Walmart – Trump’s risking of a “tit-for-tat” trade war with China could damage the sector more broadly, as retailers are forced to hike prices to account for new tariffs.

And so it appears that once again a Wall Street giant is cynically couching its marketing in the guise of social justice. Sound familiar?

Source: ZeroHedge

Florida Obituaries Show No Parkland School Shooting Deaths

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From Wikipedia:

On February 14, 2018, a mass shooting occurred at Marjory Stoneman Douglas High School in Parkland, Florida. Seventeen people were killed and seventeen more were wounded, making it one of the world’s deadliest school massacres. […] Seventeen people were killed and seventeen more were wounded.

Here are the names of the 17 individuals who were killed on February 14, 2018, in Parkland Florida:

  1. Alyssa Alhadeff, 14
  2. Scott Beigel, 35
  3. Martin Duque, 14, posthumously honored by the U.S. Army with the ROTC Medal for Heroism.
  4. Nicholas Dworet, 17
  5. Aaron Feis, 37
  6. Jaime Guttenberg, 14
  7. Chris Hixon, 49
  8. Luke Hoyer, 15
  9. Cara Loughran, 14
  10. Gina Montalto, 14
  11. Joaquin Oliver, 17
  12. Alaina Petty, 14, posthumously honored by the U.S. Army with the ROTC Medal for Heroism.
  13. Meadow Pollack, 18
  14. Helena Ramsay, 17
  15. Alex Schachter, 14
  16. Carmen Schentrup, 16
  17. Peter Wang, 15, posthumously honored by the U.S. Army with the ROTC Medal for Heroism. On February 20, he was awarded a rare posthumous admission to the United States Military Academy.

Florida Obituaries is part of Tributes.com, which describes itself as:

Tributes.com is the online source for current local and national obituary news and a supportive community where friends and family can come together during times of loss and grieving to honor the memories of their loved ones with lasting personal tributes.

According to Florida Obituaries:

  • None of the above 17 names is among those who had died in Parkland, Florida, on February 14, 2018 or in the days after.
  • There was only one death in Parkland, Florida, on February 14, 2018: Alice Levenson.
  • There were two deaths in Parkland, FL, between February 14 and March 7, 2018:
    • John Maginnis, who died on Feb. 16.
    • Norman Goldstein, who died on March 7.

Here’s a screenshot of the Florida Obituaries page, showing the date (4/3/2018) and time (8:06 AM)when I took the screenshot (click image to enlarge):

https://fellowshipofminds.files.wordpress.com/2018/04/screenshot-of-florida-obituaries-taken-on-april-3-2018.jpg?w=622&h=369(click image for larger view)

Notice the box on the webpage and in the screenshot that allows you to search for a particular name?

I did just that, and conducted a search, using the date range of “last 90 days,” for each of the 17 individuals who allegedly was shot to death on February 14, 2018, in Parkland, Florida. In each case, I got the same result:

No results were found using your search criteria, so we increased the date range to ‘2000 to present’ and removed the city.

I repeated the search for all 17 names, this time changing the date range from “last 90 days” to “Date of Death: All”. In each case, I got the same result:

No results were found using your search criteria

There is a Martin Guillermo Duque who died in Miami, Florida, but he was 76 years old and the date of death was July 30, 2013.

H/t Tony Mead

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We have the drill (dead giveaway)
We have an “evacuation” under fire (very stupid)
We have the video of people milling around behind the cop cars, in the line of fire, while the cops crouch behind the car doors. WTF?
We have the testimony. Obviously the alleged shooter is not going to be walking in the hall talking to the girl.
We have the “troubled youth” meme. (stand by for more Maoist mental health).
We have the AR-15 meme. “Limitless magazines”? What does that mean?
We have the pre-dated announcements (now standard for some reason)

There is already much more without belaboring the point. What these things prove is that they can control the media and lock down real information. I wonder if anyone has tried looking into wounded and killed yet?

See also:

Source: By Dr. Eowen | Fellowship Of The Minds

Society Problem

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Notice the flag in the background… this is Israel 2017…

Where teachers and other citizenry carry AR-15’s.

Where it’s mandatory that young people serve in the military and they are armed 24/7.

Where they eat right and don’t over medicate.

Where the murder rate for the whole country is a fraction of what it is in Nashville Tennessee.

Where parents teach respect and values instead of letting Disney and X-Box raise their children.

Where they Stand For Their Flag and would Defend It With Their Lives!!

WAKE UP AMERICA . . . WE DON’T HAVE A GUN PROBLEM . . . WE HAVE A SOCIETY PROBLEM!

Where Do All The New Assault Rifles Come From?

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Following the February 14th mass shooting at the Stoneman Douglas School in Parkland, Florida, a newly impassioned debate has erupted, as follows every mass shooting in the US, about how to prevent such events from reoccurring.

One side focuses on easy civilian access to military-style guns, such as the AR-15 semi-automatic rifle.  The other focuses on the individuals who perpetrate these acts, in particular their mental health.

We wanted to contribute to the conversation by analyzing the gun manufacturers, to understand: how many such guns are being produced, how much revenue and profit is generated from their sale.

We found there are currently at least 23 different models of AR-15 available for civilian purchase in the US, from 18 different manufacturers.  Of these, 15 are private companies, while 3 are publicly-traded.  We found no clear correlation between mass shootings and changes in the gun manufacturers’ share price.  Two of the three companies have diversified into outdoor products, and changed their corporate names to deemphasize their firearm brands.

***

In the most deadly 12 mass shootings in the US in the past decade, a total of 270 people were killed.  In 8 of these shootings, an AR-15 style semi-automatic rifle was used.

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The most commonly used AR-15 was the Smith & Wesson M&P15, manufactured by American Outdoor Brands Corporation, used in 3 of the shootings.  The next most commonly used AR-15 was the Bushmaster XM-15, manufactured by Remington Outdoor Company used in 2 of the shootings.

***

We examined financial filings of the public gun manufacturers to understand how many such rifles are produced and how much money is generated from their sale.

Public Firearms Manufacturers – Key Data

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The table shows that all 3 of the public gun manufacturers have a stock market value less than $1 Billion, and all three have experienced declining stock market value, sales and profits during the past year.

Since the launch of the March for our Lives movement, it will be interesting to see if demand for firearms increases, stoked by fears among gun enthusiasts that stricter regulation may be ahead.

***

The largest US gun manufacturers

American Outdoor Brands Corporation

Previously named Smith & Wesson Holding Corp, the company rebranded as American Outdoor Brands in 2017.  

American Outdoor Brands Corporation, Net Sales, 2015-17 ($ millions)

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AOBC’s Long Guns revenue doubled from 2015 to 2017.  In 2017, AOBC shipped 420,000 Long guns, of which 93% were to Consumers and 7% to the Professional channel such as law enforcement.  From these figures, we calculated that AOBC generated an average of $428 per long gun shipped.  The company employed 2,204 people as of May 2017, an increase of 19% from May 2016.

Vista Outdoor Inc.

Vista Outdoor was incorporated in 2014 as a combination of Alliant Techsystems and other brands and businesses, which were combined into two business lines — Shooting Sports and Outdoor Products.

Vista Outdoors, Net Sales, 2015-17 ($ millions)

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In Outdoor Products, Vista has 35 brands including Camelbak, Serengeti, Bollé and Eagle.  In Shooting Sports, it has 12 brands including Savage Arms, which makes the MSR-15 semi-automatic rifle.  Approximately 54% of its 2017 sales were in Firearms.

Sturm, Ruger & Co., Inc.

Sturm Ruger was founded in 1949 and manufactures rifles, pistols, revolvers, accessories and castings, including the SR-556 semi-automatic rifle.  Unlike AOBC and Vista who have diversified into Outdoor Products, Ruger is a pure-play firearms manufacturer.

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The company had 1,838 employees as at December 2017, a reduction of 13% from the previous year.

Remington Outdoor Company

While not public, Remington publishes financial filings because it has publicly issued debt. Remington was founded in 1816 and manufacturers Modern Sport Rifles under the Remington, Bushmaster and DPMS brands, as well as Ammunition, and Outdoor Products.

Remington; Net Sales, 2014-16 ($ millions)

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On March 25th, 2018, Remington filed for Chapter 11 bankruptcy, allowing it to restructure its $700 million debt while continuing its operations.  Its owner Cerberus Capital Management reportedly plans to cease ownership of the company following the restructuring.  As at March 30, 2017, Remington had approximately 3,500 employees, and is headquartered in Madison, North Carolina.

***

Shareholders in the leading gun manufacturers

This table aggregates the largest 5 shareholders in each of the 3 public gun manufacturers.

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From this we see, there is a very high concentration of ownership in a small number of shareholders.  For example, the top 5 shareholders in Vista Outdoors own 53% of the company.  In Ruger, the top 5 hold 47%, and in AOBC the Top 5 hold over one third of the company. Across all 3, BlackRock, the largest asset manager in the world, holds 13% of the combined shares of these 3 companies, while Vanguard holds 9%, and Fidelity 7%.  The 10 shareholders above hold 45% of the entire sector.

***

Share Price Movements Following Mass Shootings

We looked to see if there was any discernible pattern in gun manufacturer share price following the 12 most deadly mass shooting incidents of the past decade.  We compared each company’s share price 1 day prior to the mass shooting to its share price 5 trading days after.

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Across the periods, the median 5 day share price change was +6% for AOBC, +3% for Ruger and -1% for Vista.  In total, 19 of the movements were positive and 11 were negative, roughly a 2:1 ratio of positive share price movements to negative.  One possible theory is that high profile shootings spur consumer demand for guns, due to fears that the events may lead to stricter gun controls, and increased future demand then results in higher share prices.

***

The gun manufacturers’ view

Following the Stoneman Douglas shooting, the largest shareholder in American Outdoor Brands Corporation, BlackRock, sent written questions asking about AOBC’s response to the shooting, in which one of AOBC firearms, the Smith & Wesson M&P15 was used.

AOBC published a response reaffirming its role in preserving the Second Amendment of the Constitution, and emphasizing that it is a fully law-abiding organization, which obeys each of the hundreds of regulations that apply to it at the Federal, State and Local levels.  AOBC wrote:

“While the vast majority of our products are used lawfully, we are aware that sometimes people engage in horrible, criminal acts with our products. However, calls for us to monitor the illegal use of our firearms are misguided, since doing so would be ineffective in preventing such misuse. In addition, such monitoring by us is not realistic or feasible. As a practical matter, it is no more realistic or feasible for us to monitor whether our legal firearms are used in criminal ways, than it is for a car manufacturer to monitor how often a drunken driver causes a tragic accident with one of their vehicles, or for a mobile phone company to monitor whether its mobile devices are used in terrorist activities.”

“We firmly believe that the best way to stop the criminal use of firearms and the violence associated with it, is to enforce the laws that already exist, and to focus stronger efforts on prosecuting those who break them.”

The vision of firearm manufacturers focuses on the fully legal use of their products for hunting, sport shooting and self-defense.  When it comes to criminal usage, the manufacturers believe deeply that they are not responsible.

***

Following the Stoneman Douglas massacre, the March for our Lives movement has renewed calls for two laws in particular: to ban weapons designated “assault weapons” including AR-15 style rifles, and large capacity magazines.  While media attention has focused most heavily on the NRA on one hand and gun control advocates on the other, we hope it has been helpful to examine the commercial organizations relevant to the debate, namely the companies that manufacture these firearms.

Source: Priceonomics

Rapper Killer Mike to ‘Progressive’ Gun Grabbers: ‘You’re not Woke,’ and ‘You’re Going to Progress Us into Slavery’

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While students and activists geared up to march in Washington, D.C., and across the country in support of new restrictions on the Second Amendment, rapper Killer Mike warned that gun control is way the progressive left can return black Americans to slavery.

In an interview with NRATV’s Colion Noir, Killer Mike explained how the left equates gun control with progress and observed, “[They are] going to progress us into slavery.”

In the lead-up to the March 14 school walk out for gun control, Killer Mike said he told his kids, “I love you, but if you walk out that school walk out my house.”

“You can’t continue to be the lackey,” the Atlanta-based rapper and business owner said. “You’re a lackey of the progressive movement because you have never disagreed with the people who tell y

Noir pointed out how celebrities like George Clooney and Steven Spielberg pledged $500,000 to Saturday’s gun control march.

“Celebrities often don’t know what to do. They’re told what to do,” Killer Mike said, explaining how a famous rapper, who’s a friend of his, felt pressured into doing an anti-gun promo. Killer Mike told his friend that he’s very pro-Second Amendment” and that it is about the children for him — after a shooting on his daughter’s college campus (Savannah State University); “I talked to my wife and daughter after that, the decision was we’re going to go to Savannah, she’s going to get a gun and train more.”

“We’re raising a generation of kids where everyone gets’ a trophy. But in real life, everyone doesn’t get a trophy,” Killer Mike said. “In real life, the cops don’t come on time.

He observed that defending the Second Amendment is an issue where a division arises between people who might otherwise be political allies, saying, “We are a gun owning family. We are a family where my sister farms. We are a family where we will fish, we will hunt, but we are not a family that jumps on every single thing an ally of ours does because there are some things we just don’t agree with.”

On June 18, 2015, Breitbart News reported that Killer Mike reacted to a heinous shooting of nine innocents at Emmanuel African Methodist Episcopal Church by saying, “What happened in Charleston is an act of terror committed by a terrorist. Simple & plain. I wish those folks in that church had been armed.”

When some fans reacted adversely, Killer Mike followed up his comments by talking about the number of citizens who attend NRA meetings while armed. He said, “I know no one attacks NRA meetings. Wonder why?”

AWR Hawkins is an award-winning Second Amendment columnist for Breitbart News, the host of the Breitbart podcast Bullets with AWR Hawkins, and the writer/curator of Down Range with AWR Hawkinsa weekly newsletter focused on all things Second Amendment, also for Breitbart News. He is the political analyst for Armed American Radio. Follow him on Twitter: @AWRHawkins. Reach him directly at awrhawkins@breitbart.com. Sign up to get Down Range at breitbart.com/downrange.