Across the country, ammunition prices are soaring and many guns are in short supply as weapons fly off the shelves at stores.
This is a telling economic indicator about consumer confidence as many Americans stock up for fear that the end is nigh. It’s also a logical reaction to gun-owner fears that Democrats will implement far-reaching new gun controls.
There is cause for concern. Leaders in the Obama administration and Congress have stated that they plan to limit what guns Americans can buy and that guns should be registered.
Attorney General Eric H. Holder Jr. said Feb. 25 that, “As President Obama indicated during the campaign, there are just a few gun-related changes that we would like to make, and among them would be to reinstitute the ban on the sale of assault weapons.”
House Speaker Nancy Pelosi poured fuel on the fire five weeks later by admitting that Democrats want to register guns. “It’s a Democratic president, a Democratic House,” she said on ABC’s “Good Morning America.” “We don’t want to take their guns away. We want them registered.” Read more