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BREAKING :
THE NATIONAL RIFLE ASSOCIATION IS FIGHTING BACK AGAINST A LAWSUIT FILED THURSDAY BY NEW YORK’S ATTORNEY GENERAL BY SUBMITTING ITS OWN CIVIL SUIT AGAINST THE STATE OFFICIAL, ACCUSING HER OF DEFAMATION AND VIOLATING ITS RIGHTS TO FREE SPEECH. THE NRA’S LAWSUIT WAS FILED IN THE FEDERAL COURT OF NEW YORK AND ALLEGES ATTORNEY GENERAL LETITIA JAMES “MADE THE POLITICAL PROSECUTION OF THE NRA A CENTRAL CAMPAIGN THEME” WHEN SHE WAS RUNNING FOR THE AG’S OFFICE IN 2018, AND HAS NOT TREATED THE ASSOCIATION FAIRLY SINCE.AS POLICE FORCES THROUGHOUT AMERICA LOSE FUNDING, THE INEVITABLE HAS BEGUN: PEOPLE ARE STOCKING UP ON GUNS AND AMMUNITION. BACKGROUND CHECKS PRIOR TO GUN PURCHASES HAVE SHOT UPWARD. IN JULY OF THIS YEAR, THE FEDERAL BUREAU OF INVESTIGATION PERFORMED 3,639,224 OF THESE CHECKS. IN JULY 2019, THEY PERFORMED ONLY 2,030,661. THAT’S AN INCREASE OF 79.2 PERCENT. JUNE, THE MONTH MAJOR RIOTS BEGAN SWEEPING THROUGH AMERICA, SAW AN EVEN STEEPER INCREASE. FBI DATA INDICATES 2.3 MILLION GUNS WERE SOLD IN JUNE 2020—AN INCREASE OF 145.3 PERCENT OVER JUNE 2019. MEANWHILE, POLICE IN MAJOR CITIES ARE BEING DEPRIVED OF THEIR ABILITY TO ENFORCE THE LAW.SINCE MARCH, MANY INDUSTRIES HAVE COME TO A STUTTERING HALT OR HAD TO ADJUST THEIR OPERATIONS QUICKLY TO REMAIN AFLOAT AMID COVID-19. HOWEVER, THE WEAPONS INDUSTRY, PARTICULARLY GUN OWNERSHIP AMONG BOTH WOMEN AND MEN, HAS SEEN A HUGE SPIKE AMID THE PANDEMIC AND NATIONWIDE PROTESTS. AN ESTIMATED 46.3 PERCENT OF ADULTS OWN GUNS IN ARIZONA IN 2020. WOMEN GUN OWNERSHIP ACCOUNTS FOR MORE THAN 20 PERCENT OF GUN OWNERS NATIONWIDE.AMMO SALES HAVE SURGED FOR VISTA OUTDOOR AND OLIN CORP. DURING THE COVID-19 PANDEMIC AS FEARS OF CORONAVIRUS AND CIVIL UNREST PROMPT AMERICANS TO BUY GUNS AND BULLETS. VISTA OUTDOOR CEO CHRIS METZ SAID IN AN EARNINGS CALL THURSDAY THAT STRONG AMMUNITION SALES IN THE LAST QUARTER WERE DRIVEN BY AN INDUSTRY-WIDE 40% INCREASE IN FIRST-TIME GUN BUYERS DURING THE PANDEMIC, INCLUDING WOMEN AND PEOPLE OF COLOR, BASED ON DATA FROM HE NSSF GUN INDUSTRY GROUP. HE SAID THAT AMMO DEMAND IS SO BRISK, AND FUELED IN PART BY STOCKPILING, THAT SOME NEW BUYERS HAVE COMPLAINED THAT THEY CAN’T FIND ENOUGH AMMO IN STOCK.SMITH & WESSON ANNOUNCED THAT THEY WILL BE SPINNING OFF AMERICAN OUTDOOR BRANDS IN AUGUST. THE SMALL SIZE (NEARLY MICRO-CAP) OF THE SPIN-CO RELATIVE TO THE PARENT MAY PRESENT AN OPPORTUNITY TO TAKE ADVANTAGE OF FORCED SELLING. INCENTIVES OF NEW MANAGEMENT ARE STRONG. TRADING COMPS SUGGEST THAT THE SPIN-CO MAY FETCH A HIGHER MULTIPLE THAN IT WOULD AS A PART OF SMITH & WESSON BRANDS. IT WAS ANNOUNCED FRIDAY THAT SMITH & WESSON'S (SWBI) BOARD OF DIRECTORS APPROVED THE SPINOFF OF THEIR "OUTDOOR PRODUCTS AND ACCESSORIES" BUSINESS LINE AS AMERICAN OUTDOOR

NAT’L – GUN NEWS – This Old Gun Sold for $1,000,000 Back in 1989. Here’s Why.

Here’s What You Need to Remember: It has been argued that the Luger remained a popular “bring back” because that is what fathers and uncles had brought back a generation earlier. During both World Wars the American soldier earned a reputation as “inveterate souvenir hunters,” who at times took home everything that wasn’t nailed down—unless they had a crowbar to pull out the nails! Amongst the most sought after items for many the Doughboy or GI was the German P08 Luger 9mm. While the pistol, which was named after its Austrian small arms designer Georg Luger, had largely been replaced by the far superior P38 in World War II, it has been argued that the Luger remained a popular “bring back” because that is what fathers and uncles had brought back a generation earlier. An irony of this insatiable desire for the Luger was that those same soldiers could have been issued it, had the U.S. Army not gone in another—and perhaps superior—direction. It is impossible to consider that the Army could have adopted anything other than the Colt M1911 .45 pistol—which was one of John Browning’s many weapons—military planners did consider other handguns.

That included the Luger. The United States had been using the Colt M1892 .38 Long Colt Revolver—not a Browning design—and while it served well in the Spanish-American War, it was found not up for the rigors of jungle warfare during the Philippine-American War or Moro Insurrection. The Moro weren’t just tough warriors; they actually wore armor with plates made of either black water buffalo horn or brass plates connected with butted brass mail. They also often took drugs to inhibit pain in battle. The .38 round lacked the stopping power the Army needed, and sought a new sidearm.  [full article]

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