What are the chances our Supreme Court strikes down the NFA?

[Polkwright]

I think there's an outside chance portions of it could be struck down.

 

[benenglish]

This will sound bad but I hope things stay the same as far as machineguns.
I have a SUBSTANTIAL investment in them. Part of my retirement fund.

This is not surprising. When the register was closed, the Wall Street Journal ran an article telling folks what a good investment they would be. A whole bunch of automatic weapons disappeared into safes, never to see the light of day again, so much history that would no longer be seen or used for education.

That's one of the most heartbreaking aspects of the Hughes amendment.

 

[Darkpriest667]

This will sound bad but I hope things stay the same as far as machineguns.
I have a SUBSTANTIAL investment in them. Part of my retirement fund. Perhaps 10% of my total retirement investments.

I sold my pride and joy 1921 Thompson and others when Biden was elected fearing all their talk of stacking the SCOTUS and adding DC and Puerto Rico as "states" with anti-gun senators.

Overturning the machinegun part of the NFA would devalue these guns by 90% or more.

The SBR part of the NFA act never should have been included in the first place. It was a compromise with some pistol manufacturers.

That's cute. It's unconstitutional and investments are gambles. You should have diversified. I don't give a crap about your investment. I give a crap about individual liberty =)

 

[baboon]

This is not surprising. When the register was closed, the Wall Street Journal ran an article telling folks what a good investment they would be. A whole bunch of automatic weapons disappeared into safes, never to see the light of day again, so much history that would no longer be seen or used for education.

That's one of the most heartbreaking aspects of the Hughes amendment.

ne of the reasons the NRA didn't care about it was many of the board members owned them & in great numbers. More or less insider trading.

 

[Maverick44]

This will sound bad but I hope things stay the same as far as machineguns.

It sounds bad because it is bad. Our individual liberties are worth far more than anyone's financial investment. If you're that worried, sell them now and invest into something else.

 

[benenglish]

ne of the reasons the NRA didn't care about it was many of the board members owned them & in great numbers. More or less insider trading.

I didn't know that but I'm not surprised. Thanks for the data point.

 

[seeker_two]

This is not surprising. When the register was closed, the Wall Street Journal ran an article telling folks what a good investment they would be. A whole bunch of automatic weapons disappeared into safes, never to see the light of day again, so much history that would no longer be seen or used for education.

That's one of the most heartbreaking aspects of the Hughes amendment.

Kind of like how Twitter and FB were good investments when they started getting gov't money for violating 1st Amendment rights of their users....

 

[sucker76]

This will sound bad but I hope things stay the same as far as machineguns.
I have a SUBSTANTIAL investment in them. Part of my retirement fund. Perhaps 10% of my total retirement investments.

I sold my pride and joy 1921 Thompson and others when Biden was elected fearing all their talk of stacking the SCOTUS and adding DC and Puerto Rico as "states" with anti-gun senators.

Overturning the machinegun part of the NFA would devalue these guns by 90% or more.

The SBR part of the NFA act never should have been included in the first place. It was a compromise with some pistol manufacturers.

I think that existing NFA machine guns will hold a somewhat higher value if the NFA is struck down. I think it will spur newer full autos into the market and not just older designs like MP5s and BARs. I see it as a needed step forward in gun rights. I knew that the ones not fighting for it in 86 were loaded up with machine guns and knew that their stock would be valuable in the future. The Hughes amendment was a travesty and by all accounts an illegal amendment since it wasn't officially voted on except for a shoddy voice vote. Eff the NRA for that and Eff Jerry Nadler for swinging the hammer on it.

 

[benenglish]

Eff the NRA for that and Eff Jerry Nadler for swinging the hammer on it.

It was Charlie Rangel.

Rangel was acting as Chairman of the Committee of the Whole House. He hammered in the amendments, ignoring the voice votes. If he wanted an amendment in, it went in no matter what happened on the floor. That process produced the final form of the bill.

Then Tip O'Neill, as Speaker of the House, took over and there was a recorded vote for the bill as a whole.

 

[sucker76]

It was Charlie Rangel.

Rangel was acting as Chairman of the Committee of the Whole House. He hammered in the amendments, ignoring the voice votes. If he wanted an amendment in, it went in no matter what happened on the floor. That process produced the final form of the bill.

Then Tip O'Neill, as Speaker of the House, took over and there was a recorded vote for the bill as a whole.

Thanks for correcting me. Oh and Eff him too!

 

[jimbo]

Yea! I finally received the ATF approval for my Sparrow 22 Suppressor. I can pick it up from my FFL guy tomorrow. Only took 4 months to get approval.