Gun sales up with another term of Obama ahead

Tuesday, November 13, 2012
 | 
Russ Jones (OneNewsNow.com)

Just days after the election, gun sales have soared all across the nation. Gun rights advocates maintain President Barack Obama's re-election has many citizens concerned about further gun-control laws.

With four more years for President Obama to pursue his agenda, his administration officially went on record last week to support a new round of talks on the U.N. Arms Trade Treaty.

Larry Pratt, executive director of Gun Owners of America, expects Obama to step-up his attack on Second Amendment rights ( see earlier story).

Pratt, Larry (GOA)"We haven't seen anything yet. Wait until he is unrestricted, unconcerned about getting re-elected," he warns. "Our guess has been all along that one of the things the president might do is to illegally, unconstitutionally -- but hey what's that to him? -- order gun stores, on pain of losing their licenses, not to sell a handgun above a .380, which by European treaties is considered suitable for civilian use and anything above it in caliber being a 'military caliber firearm.'"

Pratt tells OneNewsNow he is not surprised at the increased gun sales, and considers it a prudent concern on the part of citizens. He also recommends stocking up on ammunition.

"We have a responsibility as part of a militia and as a head of household to be able to protect and defend, and the president is clearly hostile to both of those notions of militia and of self-defense," he says. "So I would say buying a firearm at this time is a prudent thing to do."

There was a similar spike in gun sales when Obama was first elected in 2008. But sales were not all that spiked this time. While the stock market plunged the day after the election, stock prices for gun makers saw a significant increase.

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