• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Gun Sales Background Checks Hit Record

Tyler Durden's picture


A Fiscal Cliff "deal" that reduces GDP and squeezes the consumers; a Fed whose policies have forced massive capital misallocation away from growth investment and are leading to an unprecedented corporate "revenue cliff"; and now, in the aftermath of the government response to the Newtown massacre which threatened to curb the second amendment, we get this via Reuters:


Because when everything is an unintended consequence, nobody has to take any responsibility for anything. And so the New Normal marches on.

More from Reuters:

The number of FBI background checks for U.S. gun purchases set a record in December, as the Connecticut school massacre prompted renewed talk of limits on firearms, according to new FBI data.


The FBI said it recorded 2.8 million background checks during the month, surpassing the record set in November of 2 million checks. The number was up 49 percent over December 2011, when the FBI performed a then-record 1.9 million checks

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Wed, 01/02/2013 - 14:31 | 3115392 DoChenRollingBearing
DoChenRollingBearing's picture

For 10 - 20 cents on the dollar?  Naah, I'll just keep any gun I own.

Wed, 01/02/2013 - 13:35 | 3115200 conspicio
conspicio's picture

Meanwhile, the gungrabbers have posited a new source of revenue in all of these registrations...the registrants themselves. Part of the Colorado apparat has deemed gun registration as a new source of revenue to fund the mental health industry. See, it is too cheap to comply with the laws, so the fees must go up ad infinitum.

This may be drawn out nationally in short order as the crisis is passing fast...unless there just happens to be another soon. You know, just coincidentally and in the same way Lou Gherig managed to get Lou Gherig's disease...I mean, what are the odds?

Wed, 01/02/2013 - 14:21 | 3115429 Bad Attitude
Bad Attitude's picture

There WILL be more mass shooting incidents. (I'll leave it to the reader to decide if these are staged by TPTB, or are the product of unstable people pushed over the edge by Dear Leader's mismanagement of the economy.) There will be non-mass-shootings that will be exploited to further the gun control agenda.

Wed, 01/02/2013 - 16:33 | 3116000 tsx500
tsx500's picture

unfortunately, i think you're absolutely right..... and probably sooner rather than later.

Wed, 01/02/2013 - 13:35 | 3115209 JR
JR's picture

“…if you can’t provide the most basic assistance for your district, who needs you in Congress?”

Would Congressman Peter King be referring to districts such as California’s San Bernardino where the typical transition to a welfare-police state society is occurring?

San Bernardino, near Los Angeles, is the country seat of San Bernardino County, “the largest county geographically in the continental U.S.”  A few months back it became the largest U.S. city ever to file for bankruptcy. So far this year, there have been 46 homicides, a 50 percent increase in murders over the past year.

City Attorney for 25 years, Jim Penman in a recent interview spoke about the total collapse of a once-thriving city, and now has “come under fire for advising residents to lock their doors and load their guns.”

Because of the 1965 US Immigration Act and a Federal judge's overturning of California's Prop 187, demographics now play a major part in San Bernardino’s collapse: In 1970, 66 percent of the city was White, but by 2010, that figure sat at 19%. “In 1976,” explained Penman, “San Bernardino was named an All-American City.” Besides the White population, the city’s current makeup is 60% Hispanic, 15% Black, 3% Asian, and a smattering of other races.

 Says Penman: “because of our financial situation, we’ve had to reduce the size of our police department…down about 80 officers” from a peak of about 350.

 “We’ve had a lot of middle-class flight from the city. The demographics have changed considerably in San Bernardino. I hope it’s not a portent of things to come for other cities around the nation, I know that we’re not the only one that’s had to contemplate bankruptcy. We’re one of the few that have had to go into it, I hope we’re not followed by others, but we keep hearing that many other cities are looking into that possibility.”

Wed, 01/02/2013 - 14:16 | 3115401 DoChenRollingBearing
DoChenRollingBearing's picture

California is essentially lost.  The productive should leave the state, unless they do not mind the high taxes and the high crime rates.

There is still room in rural California (the north) to Bug-Out to though...

Wed, 01/02/2013 - 14:49 | 3115522 RobD
RobD's picture

"There is still room in rural California (the north) to Bug-Out to though..."

Very true DoChen, my bug-out location is in North-eastern Cali and everyone I know there is preparing. Local deputy sheriff is a friend of the family and does not even keep up on the ever changing firearms laws. I asked him about the new open carry laws and he knew nothing about them and he said "anyway those are just for the cities" lol.

Wed, 01/02/2013 - 16:14 | 3115925 Jonas Parker
Jonas Parker's picture

As long as they don't bug out to Texas...

Wed, 01/02/2013 - 22:29 | 3117359 player333
player333's picture

Yes and our recent election started the Californication of the US-bet on it-and prepare accordingly. Semper Fi

Wed, 01/02/2013 - 14:17 | 3115407 are we there yet
are we there yet's picture

More takers than makers in our economy. The welfare, prison probation, illegal immigrant, entitlement class, etc. will be ungovernable should civil unrest interrupt their taking lifestyle.

Wed, 01/02/2013 - 13:37 | 3115212 Money 4 Nothing
Money 4 Nothing's picture

Because everyone knows now the gooberment is comming after their life and Freedoms. That's the only reason why you dis arm your citizens. 4 global dictator / tyrants in a row can't be wrong, Obama makes 5 akin to Stalin. 2A wasn't penned for hunters.


Molan Labe.

Wed, 01/02/2013 - 13:39 | 3115217 yogibear
yogibear's picture

Next step is to abolish the 2nd amendment. They are already discrediting the tea party and move on to disarming any resistance to a dictator or tyrant.

Wed, 01/02/2013 - 14:07 | 3115357 aerojet
aerojet's picture

Never going to happen.  It's stupid to even be discussing the matter.  Can't you see what is really going on?  The left is dying, not gaining strength.  They only appear strong because the free-shitters get paid to belong.  The moment the money stops, the left is dead.  And not just in the US, but worldwide.

Wed, 01/02/2013 - 14:12 | 3115384 Freddie
Freddie's picture


I hope you are correct my man.  These people are so ***ing evil.


Wed, 01/02/2013 - 14:17 | 3115408 DoChenRollingBearing
DoChenRollingBearing's picture

@ aerojet and Freddie

I hope both of you guys are right.  

Wed, 01/02/2013 - 14:35 | 3115478 Shell Game
Shell Game's picture

+1 Ditto

Wed, 01/02/2013 - 14:26 | 3115453 seek
seek's picture

I won't be surprise if it's attempted (certainly, they're trying legislatively!) Though it will go down in flames, as even the diehard lefties get squeamish about tampering with the actual bill of rights (though they and the "right" side of the One Party are comfortable ignoring the BoR, deleting one or more amendments calls too much attention to them.)

I would argue that it's incorrect to say the left is dying, rather, large government is dying. They know it, but the general population doesn't. Since taxes cap out at 100% due to reality and death by starvation, and the government has promised more than this, the lies will be exposed. Presumably the government intends to remain in power by force, which is a heck of a lot easier when the population isn't shooting back.

Wed, 01/02/2013 - 14:41 | 3115499 Oldwood
Oldwood's picture

The only thing on the left that is dying are their mindless supporters. Unfortunately, their program makes new ones as fast as the kill off the earlier ones. Just as with our government system, the thing that ensures their success is their failure. Leftists have been using the poor and discriminated as a weapon to destroy our society. Motivate them to demand more and more until the system collapses. This has been their stated policy for a hundred years, but yet when is spoken of, people claim it is preposterous, that no sane person or group would do such a thing, yet we supposedly battle radical Muslims because they "hate us for our freedoms". And they will use whatever they have at hand to enforce their agenda. They have been intregal with the entertainment industry that has drowned us with the most insane violence imaginable, yet are the most vocal about taking our guns away from us. They have glorified every type of lethal device and action known to man and then demonize those of us who own guns expressly for our own protection. Not hunting but protection. Protection from the insanity of the images we see on TV and the actions of power hungry "protectionists" determined to protect us from ourselves. But you are right. It will never happen. And by all means we should end the discussion now!

Wed, 01/02/2013 - 16:29 | 3115982 fightthepower
fightthepower's picture

I junked you because you are underestimating a very dangerous enemy.  We all might end up in FEMA camps before the left dies.  They are a cornered animal and are therefore more dangerous than ever. 

Wed, 01/02/2013 - 16:58 | 3116102 dexter_morgan
dexter_morgan's picture

Oh, how I hope and wish you are corrrect.

Wed, 01/02/2013 - 14:46 | 3115511 ItsEvolutionBaby
ItsEvolutionBaby's picture

I hope the left is really dying,

Wed, 01/02/2013 - 15:09 | 3115598 rwe2late
rwe2late's picture


They do not need to "abolish" the 2nd Amendment any more than they needed to "abolish" the protections of habeas corpus or against cruel and unusual punishments...

"updating" the interpretation of the law will suffice for them.

Wed, 01/02/2013 - 13:37 | 3115221 Tsar Pointless
Tsar Pointless's picture


PA Governor Tom Corbett sues NCAA over Penn State sanctions.

No health care exchange. No real dialogue over making our society a better place to live by making it a safer place to life. But we will pay to defend a child molestor and those who aided and abetted him.

Republican Amerikkka: Values and morals subject to change.

Wed, 01/02/2013 - 14:45 | 3115509 Freddie
Freddie's picture

The Repubs rolled ovber the but the Dems are even more evil scum with their mullah.  As far as Penn State, they suck but college sports is big business.  Scummy Penn State brings in a lot of bacon.  I don't watch "college ball" or any TV.  TV and Hollywood are for scum who support The Matrix. 

F Penn State.  The whole Penn State klan involved in the rapist should get strung up.

Wed, 01/02/2013 - 13:41 | 3115233 dobermangang
dobermangang's picture

The next Mini iPad needs to be made of gold and able to shoot lead.  A gold, mini tablet that shoots bullets is a sure winner!

Got Guns???  Got Ammo???  Got Food???

Wed, 01/02/2013 - 14:01 | 3115323 northerngirl
northerngirl's picture

LOL!  Now that is the, "American Spirit".

Wed, 01/02/2013 - 14:06 | 3115349 dobermangang
dobermangang's picture

It would be even better than the Flashlight/concealed machine gun.


Hopefully with 256GB of memory.

Wed, 01/02/2013 - 13:49 | 3115264 W74
W74's picture

During the month of November, following the election, Maryland State Troopers processed more than double the applications they process during any other month of the year.

Shocking, I know.  Even here in liberal-la-la-land people are clamoring to get permits.

Wed, 01/02/2013 - 13:50 | 3115271 GoldMInerJoe
GoldMInerJoe's picture

F2 = ?F1


Clue x 4 soon to follow

Wed, 01/02/2013 - 13:56 | 3115281 dwdollar
dwdollar's picture

I'd like to get half a dozen AR15 stripped lower receivers. My dad has offered to buy them. Haven't been to the local gun store yet. Scared to really... Scared to leave the house after the attempted break-in and scared to see empty shelves at the gun store. Still haven't set up my security cameras yet. I thought I got a good deal on two, but they turned out to be junk. Now I have to wait on more to arrive. All I have is my Glock to hold the fort down. Basically I've become a paranoid motherfucker... and I believe I have every justification to be one. Same as all you.

Wed, 01/02/2013 - 14:08 | 3115368 aerojet
aerojet's picture

I think you might need a vacation.

Wed, 01/02/2013 - 15:13 | 3115623 MachoMan
MachoMan's picture

Get a dog... 

Good luck on stripped lowers though...  it will take quite a while to score any.  I would suggest aluminum (or anything) instead of polymer. 

Not sure why you're wanting stripped lowers though...  from the sounds of things, you need a home defense weapon and an ar 15 is not particularly well suited for that role if there are a few circumstances present, e.g. background/penetration.  You might consider a shotgun for that role...  and if you're not familiar with a pump gun, then get a semi auto...   ~18.5" barrel unless you want to go NFA.  Plenty of good potential suitors.

If you do not have to worry about some of the other factors, an AR should do just fine...

Just out of curiosity (as has been guestimated above) what are your plans regarding 6 stripped lowers?  Do you have any plans of selling them in the future?

Wed, 01/02/2013 - 15:28 | 3115696 seek
seek's picture

I'd argue an AR is the perfect home defense weapon, 5.56 is actually less likely to overpenetrate or ricochet than virtually any other round (I realize this seem unintuitive, but it's genuinely the case as the bullet fragments radically upon impact with walls.) Those factors really aren't an issue.

Wed, 01/02/2013 - 15:30 | 3115711 Canucklehead
Canucklehead's picture

The shotgun is the way to go.

Wed, 01/02/2013 - 16:42 | 3116024 MachoMan
MachoMan's picture

so it's your contention that xm855 (what should be in the magazine of every AR) penetrates walls less than #4 or #6 birdshot (a solid HD round)?

Wed, 01/02/2013 - 17:32 | 3116281 Freddie
Freddie's picture

May  I suggest - Tactical Tracer XM856 .223/5.56 NATO ammunition.  You can see what you are shooting at.  you may burn down your house.

I used to be an NRA member but they are a bit soft compared to the GOA. The NRA sucks up to Hairy Reed in NV.  Anyway, their magazine always had stories about granny or gramps, home alone and some crack/meth head breaks in.  They usually start roughing up the old person.

Granny or gramps has an old .22 wheel gun and tells them to stop.  The old person shoots, guy stmpbles and dies in the yard.

I am not sure how many times I have read some version of that.  I guess any gun is better than no gun.  People saw a shotgun for home use but if a loved one is near the perp then maybe not such a good choice.

An accurate hit with a .22 or even .380 can work well.

Wed, 01/02/2013 - 17:23 | 3116226 DosZap
DosZap's picture

I'd argue an AR is the perfect home defense weapon, 5.56 is actually less likely to over penetrate or ricochet than virtually any other round (I realize this seem unintuitive, but it's genuinely the case as the bullet fragments radically upon impact with walls.) Those factors really aren't an issue.


And you would totally incorrect,Glasers/Frangible is the way for inside protectionWith an AR,or handguns), IF you live with others, and /or you live in an apartment complex/duplex.Any 5.56 round NATO spec will penetrate walls like a knife thu hot butter,as will any ball ammo, and hollow point, even out of a pistol/revolver,etc.

Wed, 01/02/2013 - 21:03 | 3117098 Buckaroo Banzai
Buckaroo Banzai's picture

Your dead wrong. M193 barely penetrates two layers of sheetrock.

M855 would pose a problem, but just don't use that.

Wed, 01/02/2013 - 15:50 | 3115803 Plata con Carne
Plata con Carne's picture

'Unmilled,' annodized lowers can be found online for about $90, and the jig to drill 'em out for $125.00. 

Wed, 01/02/2013 - 17:49 | 3116355 DosZap
DosZap's picture

'Unmilled,' annodized lowers can be found online for about $90, and the jig to drill 'em out for $125.00.

And those $90.00 Unmilled, hope you are damn good machinist, and do not make a mistake, all it takes is ONE,and they are paperweights.

Wed, 01/02/2013 - 16:55 | 3116091 DosZap
DosZap's picture

 My dad has offered to buy them.

Forget finding any,no matter who pays.

Wed, 01/02/2013 - 17:35 | 3116291 chubbar
chubbar's picture

I've got a half dozen stag arms ar 15 lowers coming next week. My Biz partner and I were surprised when he found them available.

Wed, 01/02/2013 - 13:55 | 3115289 I am a Man I am...
I am a Man I am Forty's picture

RGR and SWHC two of my top picks for the year.

Wed, 01/02/2013 - 14:01 | 3115319 dobermangang
dobermangang's picture

I wouldn't be surprised if one or both companies go private this year.  Cheap valuations on high growth stocks producing oodles of cash.  Both should do very well in 2013.

Wed, 01/02/2013 - 13:55 | 3115293 bank guy in Brussels
bank guy in Brussels's picture

Seems like America needs some junior military officers to arrest Obama, these Congressional clowns and these corrupt US judges

And bring back the US Constitution into force

God bless the brave people in America who understand the 'moment of truth' they are facing

Wed, 01/02/2013 - 14:21 | 3115428 DoChenRollingBearing
DoChenRollingBearing's picture

I greened you, but it ain't gonna happen.  Implosion will happen before our Armed Forces react.  Nice thought though, MILLIONS would cheer and run through the streets yelling "Hallelujah!"

Wed, 01/02/2013 - 15:50 | 3115792 toomanyfakecons...
toomanyfakeconservatives's picture

It not only can happen, it must happen.


That very scenario is outlined in the Wilcock/Drake interview - http://tinyurl.com/aoxkbmc


Wed, 01/02/2013 - 17:41 | 3116315 Freddie
Freddie's picture

This old guy Drake has been pitching this story since last year.  I wish but he was right but it seems like he is talking sh*t.  Come across pops or go back to telling your old Nam stories.  Another war LBJ and Pentagon f***ked over a binch of kids.

The Joint Chiefs and Pentagon are filled with cowards or scum like Betrayus chasing that nasty fat muzzie poon tang at country club outside MacDill where all the skany muzzie spy women with mustaches hang.  Skanky muzzie beotches named Kelly.  I hope they all got STDs.

Meanwhile the kids in uniform rot in Afghanistan while the musliminternally nukes America.,

Wed, 01/02/2013 - 13:57 | 3115301 XitSam
XitSam's picture

Anyone have yearly or monthly stats on background checks? I heard that 2012 was up over 2011, was it bigger than 2009?

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