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.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 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.
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.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.
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.This will sound bad but I hope things stay the same as far as machineguns.
I didn't know that but I'm not surprised. Thanks for the data point.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.
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.
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.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.
It was Charlie Rangel.Eff the NRA for that and EffJerry Nadlerfor swinging the hammer on it.
Thanks for correcting me. Oh and Eff him too!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.