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Obama's Vendetta With Gun Makers Gets Personal: Smith & Wesson Shares Plunge After Call For SEC Investigation

Tyler Durden's picture




 

Last Friday, in the aftermath of the most recent mass shooting in San Bernardino and the latest attempt by Obama to impose further gun control measures, ostensibly by executive order, we pointed out the one thing, or rather person, who even the NYT begrudgingly admitted in an article on "What Drives Gun Sales" has been the primary driver of gun sales in the US: US president Barack Obama.

 

The irony in all this, of course, was that just last Friday the stock price of Smith & Wesson hit an all time high on expectations gun sales are about to hit even greater all time highs in the coming weeks.

Alas, as it turns out, Obama is not a fan of efficient market irony and instead of letting the chips on gun control fall where they may especially if it means record stock prices for the shareholders of SWHC and RGR, the president - in pulling a page straight out of the "US Government vs Exxon" in which the company will soon be prosecuted over its Global Warming denials as reported previously - has decided to take his vendetta with US gun makers to the next level and as the NYT reported overnight, "the New York City public advocate on Monday asked federal regulators to investigate whether the gun manufacturer Smith & Wesson had made adequate disclosures in its financial statements."

One would think that being in compliance with all existing SEC regulatory requirements would be sufficient, but when one is on Obama's black list there are additional requirements for "adequate disclosure" one must follow, especially the ones that one does not know about because they appear only after the fact.

The NYT continues:

In an eight-page letter, the public advocate, Letitia James, said the Securities and Exchange Commission should examine whether Smith & Wesson misrepresented or omitted information about how often its products are involved in crimes and what it has done to keep its guns out of the hands of criminals.

In the letter "public advocate" Letitia James says that "with the increase in mass shootings, public concern about the proliferation of firearms has animated a national dialogue about gun control measures, interstate gun trafficking, and whether gun manufacturers should take additional steps to ensure that their products do not end up in the hands of criminals," the letter says. “Smith & Wesson knows that it is at risk of grave reputational harm.”

It probably also did not know that the US government is capable of extortion when it does not get its way; it will be quite aware of that now.

Ms. James' punchline: "shareholders would want to know whether Smith & Wesson faced heightened regulatory scrutiny or significant litigation risk."

They would, especially now that the administration of the world's biggest democracy is taking a "negotiating tactic" page right out of Stalinist Russia.

To be sure, this is merely the latest escalation in Obama's witch hunt against gunmakers, of which Lelita James has tasked herself with being the mouthpiece for the administration's relentless attempt to crush the US gun industry.

Ms. James is opening a new avenue in her fight against gun sellers and makers. Earlier this month, she called on TD Bank, a big lender, to stop financing Smith & Wesson. This summer, she convinced the New York City Employee Retirement System, the city’s largest pension fund, to explore divesting itself of its holdings of gun retailers like Walmart and Dick’s Sporting Goods.

Smith & Wesson, which makes 50 percent of all the revolvers owned in the United States, did not respond to a request for comment, although we can imagine what it would say: "If Obama has determined that the best way to protect the nation against CIA-funded terrorist organizations is by a creeping nationalization of the gun industry, then so be it."

Finally, if it was Obama's intention to force the shareholders of Smith & Wesson into selling their shares from record high levels, he succeeded, if only for the time being.

 

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Tue, 12/15/2015 - 21:16 | 6928342 CHoward
CHoward's picture

Same requirements then I guess should be put on to automobiles - especially since more people are killed in car "accidents".   But - any intelligent person really knows what this SEC investigation is about. 

Tue, 12/15/2015 - 21:18 | 6928386 Escrava Isaura
Escrava Isaura's picture

 

 

This is a NO brainer.

The dollar can not flourish without Smith & Wesson.

 

Tue, 12/15/2015 - 21:33 | 6928427 RonArgent
RonArgent's picture

Obama is a filthy sack of shit.

Tue, 12/15/2015 - 21:36 | 6928435 TeamDepends
TeamDepends's picture

Now it's personal.
-Smith

Tue, 12/15/2015 - 22:04 | 6928534 Four chan
Four chan's picture

rocketing sales and declining stock price spells buy to me.

Tue, 12/15/2015 - 22:14 | 6928576 Oldwood
Oldwood's picture

You've missed a couple of points here.

They are trying to punish and ultimately shut gun manufacturers down, so don't buy their stock, buy their product.The idiots who own stock will suffer, but customers continuing to buy their product will keep them in business and us in guns.

And there is no "market".

Stop looking for ways to profit from the collapse and try to prevent it from collapsing. We don't need to burn the house to get rid of the roaches.

Tue, 12/15/2015 - 22:40 | 6928671 lakecity55
lakecity55's picture

Exactly. Their goal is Nationalization. "Fundamentally Change" also includes bringing in terrists and foreign troops to exterminate the Caucasians and Christians of other races.

This Boy is just getting started. You will puke over what you see in the next 6 months. In 12 months, you'll be dead or hiding in the woods from Predator Drones.

Tue, 12/15/2015 - 23:28 | 6928852 Dolar in a vortex
Dolar in a vortex's picture

Fundamentally transform

Tue, 12/15/2015 - 23:29 | 6928858 847328_3527
847328_3527's picture

" Change you can beleeve in. "

 

That's all. 8 years of it.

Tue, 12/15/2015 - 23:45 | 6928919 Theosebes Goodfellow
Theosebes Goodfellow's picture

~"In an eight-page letter, the public advocate, Letitia James, said the Securities and Exchange Commission should examine whether Smith & Wesson misrepresented or omitted information about how often its products are involved in crimes and what it has done to keep its guns out of the hands of criminals."~   

So Goodyear is now misrepresenting or omitting information about how often its products are involved in hit and runs? In drunk driving? What about Werner Ladders in falls? How about Lowe's and Home Depot in hanging suicides for selling sisal rope?

This is all just bullshit thugsterism by the most criminal and deliquent administration in American history. And what exactly is a "public advocate" and how much do we pay that asshat? The SEC can't police HFTs but they have time to go after manufacturers like S&W? WTF?

Wed, 12/16/2015 - 00:35 | 6929140 MANvsMACHINE
MANvsMACHINE's picture

If I were the CEO of S&W, I would use my excess cash to buy back my shares at depressed prices. Maybe ultimately take the company private and flip a middle finger at the SEC.

Wed, 12/16/2015 - 09:16 | 6929873 kralizec
kralizec's picture

Sure, but keep flipping the finger, because the SEC is just one of the henchmen the Regime employs.  

Wed, 12/16/2015 - 08:33 | 6929781 WOAR
WOAR's picture

If I sell you a hot dog, I don't care if you eat it, your dog eats it, or your kid eats it.

Hell, you could starve your kid and feed your dog, it makes no difference to me. It's the GOVERNMENTS job to protect "the children," remember?

So if I sell a gun, the same rules apply. It's the GOVERNMENTS job to overwatch the market, and keep the gun out of the hand of evil, not me.

It's fascinating to me that the government perpetuates two wildly different views: That they are all powerful, but they need YOU to do all of the work for them.

It baffles me that they still exist.

Wed, 12/16/2015 - 13:54 | 6931241 XitSam
XitSam's picture

Does S&W sell only to holders of Federal Firearms Licenses?  If the answer is yes, and I think it is, what further measures does public advocate Letitia James think they should be doing?

Public Advocate, XitSam

Wed, 12/16/2015 - 09:15 | 6929865 kralizec
kralizec's picture

This is so stunningly blatant in its intent and appears equally easy to spike back into the face of the Obama Regime and its henchmen du juor at the SEC - They sell products to duly authorized FFL holding dealers, who in turn use the Federally run gun registry known as NICS to check eligibility at the point of retail sale...and every gun sold comes with a lock.  If there is criminal activity involved in getting guns, it is crimal driven not lawful possesor driven...and the experts at gun-walking in the Obama Regime should be acutely aware of these distictions!!!

Basically, tell them to fuck off!

People know who the assholes are in this little sideshow, and they are voting with their purchases in record numbers.

So to S&W, Ruger et al...you keep making 'em we'll keep buyin' 'em and everybody else can suck it!

If the Fedcoats want to up the ante, let them try to take these plants over at gunpoint.  Then it will be Game On!

Wed, 12/16/2015 - 00:15 | 6929032 A Nanny Moose
A Nanny Moose's picture

Like gold?

Piece of unsolicited advice....

Exit the market, and buy the products which support the actual stocks, and which are a store of value. Booze and bullets are about the only investment that remains for the common folk.

Tue, 12/15/2015 - 22:09 | 6928558 greenskeeper carl
greenskeeper carl's picture

this will be the first time I have said this non-sarcastically, but BTFD. Although it seems to me supply has caught up with demand. After sandy hook, I waited a little over 2 months to get the AR i wanted, a S&W MP-15T(I later decided to take that rifle ocean kayaking with me, i rolled over, it was a sad day) Every rifle they made was back ordered. Now, in the same store, they have most of them in stock pretty much all the time.

Tue, 12/15/2015 - 22:45 | 6928695 Osmium
Osmium's picture

I waited over 10 months for a Rock River LAR-8 Elite operator.  Same thing now, plenty around to purchase.

Wed, 12/16/2015 - 02:47 | 6929456 Nobody For President
Nobody For President's picture

Now it's personal.

-Wesson

Tue, 12/15/2015 - 22:36 | 6928659 lakecity55
lakecity55's picture

"Ms. James was caught today with Jewish and Christian Sex Slaves in her expensive, 10-million$ City-provided Apartment. Many of the victims had been beheaded and partially eaten."
"Rumors abound Hitlery will ask he to be her running mate."

Tue, 12/15/2015 - 23:23 | 6928827 t0mmyBerg
t0mmyBerg's picture

You are so right.  You know what?  Fuck these motherfuckers.  That fucking asshole has absolutely abused his power so many times by using organs of government to go after political enemies and anyone with whom he disagrees.  Yes I have had some Jameson and a few beers while watching this shitshow debate but ffs.  God shit like this makes my blood boil.  It brings to mind the unreal interview with his right hand henchman and one of the real powers behind the throne, Valerie Jarret, wherein she said "we are going to speak truth to power".  Dumbass, you are power.  Abuse of power.  For your own ends or those of your puppet masters, who cares.  Fuck

Tue, 12/15/2015 - 23:31 | 6928868 Demdere
Demdere's picture

I know what I want for Christmas.

Tue, 12/15/2015 - 23:37 | 6928896 Hal n back
Hal n back's picture

Harsh tax audits coming next for company and officers--follow the S&P US downgrade process.

Tue, 12/15/2015 - 21:09 | 6928343 Squid Viscous
Squid Viscous's picture

Reggie is that a .38 in your pocket, or are you excited by my bitch going after SWHC?

in case anyone had any doubt:

https://en.wikipedia.org/wiki/Letitia_James

 

 

Tue, 12/15/2015 - 21:45 | 6928469 Meat Hammer
Meat Hammer's picture

She's demanding that the owner's manual for each gun be written in ebonics.  Seriously, though, why don't these "activists" look where nobody seems to be looking for the problem.  Start in south Chicago.

Wed, 12/16/2015 - 01:05 | 6929236 sun tzu
sun tzu's picture

personal responsibility is racist

Tue, 12/15/2015 - 21:08 | 6928348 g'kar
g'kar's picture

we must quell the manufacturing of those fully automatic "assault" revolvers

Tue, 12/15/2015 - 21:49 | 6928483 herkomilchen
herkomilchen's picture

Revolvers must be limited to no more than 1 round.

Tue, 12/15/2015 - 22:16 | 6928584 Oldwood
Oldwood's picture

A fully automatic single shot revolver

Tue, 12/15/2015 - 22:28 | 6928628 John_Coltrane
John_Coltrane's picture

Only Thomson Center contenders chambered in a good old hunting round like 30-06 shall be allowed.  Though it can penetrate 1/4" steel at over 2000 fps its obviously only useful for those with a steady hand and dead-eye accuracy.  Getting it in a holster is obviously challenging!

Tue, 12/15/2015 - 23:18 | 6928811 Implied Violins
Implied Violins's picture

I had one of those, and couldn't hit shit except with .22. Fun concept, an all-around any-caliber single-shot gun - but for anything other than shooting matches with match-grade bullets, it is pretty damn clunky.

Wed, 12/16/2015 - 00:09 | 6929008 g'kar
g'kar's picture

it's those revolvers with the 100 round drum magazine that are the real villains

Wed, 12/16/2015 - 00:18 | 6929067 A Nanny Moose
A Nanny Moose's picture

What about fully auto IED's?

Wed, 12/16/2015 - 02:15 | 6929398 g'kar
g'kar's picture

IUD's probably kill more than IED's

Wed, 12/16/2015 - 08:06 | 6929732 Ceiff Hikare
Ceiff Hikare's picture

For Now.

Wed, 12/16/2015 - 02:50 | 6929465 Nobody For President
Nobody For President's picture

Herk, that's funny. But to be a true 'revolver', it would have to be 2 rounds.

But there could be a built in delay of a few seconds (or minutes).

This would improve real gun control = hit what you aim at; one shot, one kill.

Tue, 12/15/2015 - 21:09 | 6928349 stant
stant's picture

BTFD bitchez.

Tue, 12/15/2015 - 21:34 | 6928412 MsCreant
MsCreant's picture

You beat me to it! Let it fall a lil' more, then hop on if you play these games. 

Fuckers.

The gun makers need an anti-Obama lobby.

Tue, 12/15/2015 - 21:09 | 6928351 Government need...
Government needs you to pay taxes's picture

U go gurrrrl!  I noes 'Titia' bee workin HAM (hard as a mother fucker) on dis one.

Tue, 12/15/2015 - 21:12 | 6928360 847328_3527
847328_3527's picture

I wonder if anyone be still investigating the Fast & Furious criminals?

Tue, 12/15/2015 - 21:16 | 6928382 Government need...
Government needs you to pay taxes's picture

Nah.  They're all tasked on Lois Lerner and the IRS!

Wed, 12/16/2015 - 00:19 | 6929071 A Nanny Moose
A Nanny Moose's picture

Authorized by Linda Green.

Tue, 12/15/2015 - 21:25 | 6928388 ThroxxOfVron
ThroxxOfVron's picture

What of the financial disclosures and tax records of Senator Bob Corker from Tennesse and that $3.5M +/- a few million bucks he forgot he made???

http://www.zerohedge.com/news/2015-12-14/prominent-tennessee-senator-fai...

 

FUCKING CRIMINALS

Tue, 12/15/2015 - 21:28 | 6928414 A Lunatic
A Lunatic's picture

Indeed....

Tue, 12/15/2015 - 22:53 | 6928728 ThroxxOfVron
ThroxxOfVron's picture

Seriously: NY can hardly honestly investigate it's own politicians and NOT send them -and their cronies and sons- to prison.

Tue, 12/15/2015 - 21:47 | 6928475 Meat Hammer
Meat Hammer's picture

Free Jon Corzine!

Tue, 12/15/2015 - 22:27 | 6928625 RafterManFMJ
RafterManFMJ's picture

^This honestly never gets old; I laugh every time I see it. Granted, it's a bitter laugh...

Tue, 12/15/2015 - 22:59 | 6928753 MsCreant
MsCreant's picture

Let me be the first to add a new spin to an old favorite.

Free Bob Corker!

Too early? Give the system a chance to work you say?

Tue, 12/15/2015 - 23:19 | 6928814 A Lunatic
A Lunatic's picture

Free Hillary Clinton HAR HAR HAR!! The funniest one of all.........

Wed, 12/16/2015 - 02:53 | 6929472 Nobody For President
Nobody For President's picture

Good old MsCreant. A LOL on a Tuesday night. Thanks!

 

Wed, 12/16/2015 - 00:22 | 6929082 A Nanny Moose
A Nanny Moose's picture

Think of it as a drinking game. Like the State of The Disunion. If you gotta go bitter, I suggest a nice IPA or DIPA.

Personally, my tastes have soured over the years.

In any case. Drink!!!

Tue, 12/15/2015 - 21:09 | 6928352 Handful of Dust
Handful of Dust's picture

Monty Python's witch scene:

 

https://www.youtube.com/watch?v=yp_l5ntikaU

Tue, 12/15/2015 - 21:11 | 6928355 Larry Dallas
Larry Dallas's picture

I can't believe this. Anyone who thinks this is really a legitimate SEC inquiry is a) easily influenced, and b) shouldn't breed.

Tue, 12/15/2015 - 21:44 | 6928465 Implied Violins
Implied Violins's picture

What I'm wondering is, is our illustrious president actually TRYING to divide America on this issue? Is he and his team trying to incite civil war? I mean, you got him and Hil hitting the stump saying to ban all guns, then you've got a governor, a campus president, and a sheriff making the airwaves saying to make sure you're armed and ready. Seems like 'divide and conquer' to sucker us out into the streets. I include Alex Jones in this mess, as well as PCR and all others fanning the flames.

I am on record as saying we need to be armed and ready, and I certainly am...but I will NOT be suckered out into a fucking civil war where both sides might be controlled by the same damn people. IF they bring this shit right to my doorstep, then I'll be ready - and I WILL protect my neighborhood...but for me, I'm watching. And waiting. And will NOT be SUCKERED.

Tue, 12/15/2015 - 21:51 | 6928491 Meat Hammer
Meat Hammer's picture

Agreed.  The worse this gets the more I keep my mouth shut and my eyes & ears open.  Hide in plain sight and when the SHTF you can probably just pop some popcorn and let all the other suckers kill each other...as long as, like you said, it doesn't come to your front door.

Tue, 12/15/2015 - 21:55 | 6928502 Government need...
Government needs you to pay taxes's picture

I'm in the opposite camp.  With the media actively suppressing dissent, I figure I need to be like a rattlesnake. . . let 'em know when I'm pissed off and that if they keep coming, I'm gonna bite.

Tue, 12/15/2015 - 23:33 | 6928878 847328_3527
847328_3527's picture

He can divide all he wants; however, you can look for me on the 'armed & ready' side.

Tue, 12/15/2015 - 22:29 | 6928634 lakecity55
lakecity55's picture

Uhh, yes, he actually wants a Civil War. America must be Obliterated.

His desire for this should be, well, Obvious by now

Tue, 12/15/2015 - 23:08 | 6928783 seek
seek's picture

It must be super frustrating for them, given that america is largerly not divided on this issue in spite of the media hype. Purely anecdotal, but I have a friend, diehard Hillary supporter in one of the bluest cities of the bluest state... and even she was WTF at the anti-gun shit post LA muslim attack.

I suspect O and friends get more and more desperate as the time to leave approaches.

Tue, 12/15/2015 - 21:59 | 6928479 herkomilchen
herkomilchen's picture

Anyone who thinks there can be such a thing as a legitimate SEC has no right to complain.  This development is just the inevitable consequence of the belief that an aggressive, leviathan, incorporeal entity with supernatural rights above that of ordinary men can possibly exist.  This is just the fruits of that insane notion.  So to all who believe in government - enjoy.

Tue, 12/15/2015 - 21:12 | 6928356 Squid Viscous
Squid Viscous's picture

moar nigga pleaze, please!

https://www.youtube.com/watch?v=MYpnINrZM_M

 

 

Tue, 12/15/2015 - 22:07 | 6928549 Ward cleaver
Ward cleaver's picture

Letitia James another Western European in the Obozo mafia?

Wed, 12/16/2015 - 03:04 | 6929486 Nobody For President
Nobody For President's picture

In case anybody is missing it, Ms James is female, a lawyer, a Democrat, and an African-American.

https://en.wikipedia.org/wiki/Letitia_James

Surprise!

Wed, 12/16/2015 - 14:00 | 6931268 XitSam
XitSam's picture

Public Advocate is an elected office?!?

"In the 2013 election campaign for Public Advocate, James was endorsed by many of the city's important labor unions, NOWPlanned Parenthood, Democracy for NYC, League of Conservation VotersAmsterdam News and El Diario."

Tue, 12/15/2015 - 21:11 | 6928357 Lorca's Novena
Lorca's Novena's picture

Someone needs to stop this mother effer already, and by 'stop' i dont mean any physical harm nsa peoples.... just get him the fuck out of america. asap.

Tue, 12/15/2015 - 21:12 | 6928358 Arthur Schopenhauer
Arthur Schopenhauer's picture

Ed Kilgore @ New York Magazine: Meet Ted Cruz’s ‘Secret Weapon’: An Old Man Who Wants to Scare the Hell Out of America.

Tue, 12/15/2015 - 22:00 | 6928522 Arthur Schopenhauer
Arthur Schopenhauer's picture

How many downvotes can I get? Come on boys... click that downvote arrow!

Too bad you can only downvote once.

Tue, 12/15/2015 - 22:53 | 6928723 Squid Viscous
Squid Viscous's picture

this isn't drudge report, asshole

 

post an original thought or fuck off

Tue, 12/15/2015 - 23:29 | 6928859 Arthur Schopenhauer
Arthur Schopenhauer's picture

If I posted an original thought you'd just tell me I was an asshole and to fuck off, so why should I give a shit what you think.

How's that for an original thought?

Tue, 12/15/2015 - 23:35 | 6928883 Squid Viscous
Squid Viscous's picture

ok great, then option # 2, fuck off -  

Tue, 12/15/2015 - 23:50 | 6928946 Arthur Schopenhauer
Arthur Schopenhauer's picture

Nah. I'm not going anywhere. It would give me great pleasure to know if it pisses you off.

Tue, 12/15/2015 - 21:13 | 6928367 Arthur Schopenhauer
Arthur Schopenhauer's picture

Travis Gettys @ Raw Story: Wisconsin parents worry book about a girl defying the Taliban will indoctrinate their kids into Islam.

Tue, 12/15/2015 - 21:15 | 6928373 Arthur Schopenhauer
Arthur Schopenhauer's picture

Joe Jervis: New Marco Rubio Ad: I’m Running For Millions Of Christians Who’ve Been Branded As Bigots.

Tue, 12/15/2015 - 21:18 | 6928383 Arthur Schopenhauer
Arthur Schopenhauer's picture

McKay Coppins @ BuzzFeed: Trump Campaign Rally Erupts In Chaos And Ugly Confrontation.

Tue, 12/15/2015 - 21:25 | 6928404 MsCreant
MsCreant's picture

BTFD!

Tue, 12/15/2015 - 21:27 | 6928408 nmewn
nmewn's picture

"...but when one is on Obama's black list there are additional requirements for "adequate disclosure" one must follow, especially the ones that one does not know about because they appear only after the fact."

No doubt, ex post facto anyone? Oh never mind...

 

"In an eight-page letter, the public advocate, Letitia James, said the Securities and Exchange Commission should examine whether Smith & Wesson misrepresented or omitted information about how often its products are involved in crimes and what it has done to keep its guns out of the hands of criminals."

Mzzz.Letitia James, let me take the time to enlighten you on something completely unknown to Stalinist progressives like yourself, the mere fact that swimming pool manufacturers, knife makers, Government Motors-GM (audible GASP!) etc. are ALSO NOT compelled to "research, compile and present" how often their products are involved in crimes or what they are doing to keep their products out of the hands of criminals should have given you some pause.

But we couldn't expect that reflection or contemplation of you because you're a complete idiot.

Tue, 12/15/2015 - 22:26 | 6928624 lakecity55
lakecity55's picture

" Letitia James," another 400# Lesbo Communist?

Tue, 12/15/2015 - 22:30 | 6928639 RafterManFMJ
RafterManFMJ's picture

African-American list, if you don't mind.

Tue, 12/15/2015 - 21:31 | 6928410 khakuda
khakuda's picture

Great to see this administration continue to shit all over freedom and the laws of the United States and the Constitution. If the IRS can have an enemies list and not get prosecuted for it and the government can go after after law-abiding companies that sell tobacco, sugar, soda, gasoline, salt, it is surprising they haven't gone after guns with illegal tactics sooner.

I'd love to complain more, but I now I have to go deal with Obamacare which never seems to even be available till the last possible fucking minute.

Tue, 12/15/2015 - 21:36 | 6928424 MsCreant
MsCreant's picture

I know you are sarcastic, but it really, really, isn't great to see at all.

There are folks out there who see this for what it is and they are laughing about it because it's for what they perceive as "their side."

When he does it to you, you won't be so happy about it anymore (though I bet few of the folks I am talking about, read this site).

It is insidious...

Tue, 12/15/2015 - 21:57 | 6928511 Government need...
Government needs you to pay taxes's picture

If the tyranny keeps rising, there will be forceful resistance.  We're all playing limbo, seeing how low we can go. . .

Tue, 12/15/2015 - 22:24 | 6928618 lakecity55
lakecity55's picture

"But, but, Comrade, I am on your side."
"And we thank you. Now, up against the wall. Blindfold?"

Tue, 12/15/2015 - 21:27 | 6928411 hungrydweller
hungrydweller's picture

Sweet!  I love a great sale on value!

Tue, 12/15/2015 - 21:29 | 6928416 bluskyes
bluskyes's picture

Time to take S&W private.

Tue, 12/15/2015 - 21:37 | 6928438 nmewn
nmewn's picture

Yup.

Tue, 12/15/2015 - 21:39 | 6928443 booboo
booboo's picture

They don't have to, they have millions of loyal gun owners behind them and enough money and lawyers to spin this negro around for another 12 months and move on. That bull kike/dike Shapiro will be knitting granny booties for her four pound clit in 15 months.

Wed, 12/16/2015 - 03:17 | 6929498 Nobody For President
Nobody For President's picture

Unless Hitlery hires her.

Makes my head hurt.

Tue, 12/15/2015 - 21:30 | 6928419 Yen Cross
Yen Cross's picture

  It's a good thing S&W doesn't make guitars.

 The true villains behind the Gibson Guitar raid are revealed | Human Events

Tue, 12/15/2015 - 21:35 | 6928433 djsmps
djsmps's picture

Do a little more digging. The CEO of Gibson is a supreme arrogant asshole who is one of the most hated guys in the music industry. Gibson is rated as one of the worst places to work at.

Tue, 12/15/2015 - 21:43 | 6928460 booboo
booboo's picture

so what does his personality have to do with the fucking government, .gov is filled with assholes and by the way, Gibson can lock their empolyees out but they sure the fuck can't lock them in.

Tue, 12/15/2015 - 22:25 | 6928620 J2nh
J2nh's picture

Don't care if he is Satan, what the government did to Gibson should never happen to anyone.  Those government droans should be in jail.

Tue, 12/15/2015 - 22:41 | 6928677 dchang0
dchang0's picture

That may or may not be true, but the CEO of Gibson can't use lethal force (law enforcement personnel with guns) to force his employees to work for him nor can he force customers to buy Gibson guitars, while the gov't can and did use lethal force when they went in and raided the Gibson factory.

Tue, 12/15/2015 - 21:30 | 6928420 Bill of Rights
Bill of Rights's picture

Fucken retards that's like saying if I get into a car accident and I kill someone accidentally with my Dodge Challenger it's the car makers fault.

Tue, 12/15/2015 - 22:56 | 6928739 WillyGroper
WillyGroper's picture

Sounds like a good defense to me. ;)

Tue, 12/15/2015 - 23:39 | 6928899 Squid Viscous
Squid Viscous's picture

should have gone with the V6, it's your fault...

Tue, 12/15/2015 - 21:30 | 6928421 A Lunatic
A Lunatic's picture

This Government is out of fucking control.....

Tue, 12/15/2015 - 21:35 | 6928432 MsCreant
MsCreant's picture

Govern-mental, indeed.

Tue, 12/15/2015 - 21:40 | 6928444 Winston Churchill
Winston Churchill's picture

This 'Regime", its no longer a government.

Tue, 12/15/2015 - 21:58 | 6928514 Government need...
Government needs you to pay taxes's picture

You got that right.  Just a bunch of kleptocratic tyrants playing a betting game of 'I dare you'.  Who will call them out?!?

Tue, 12/15/2015 - 22:21 | 6928602 lakecity55
lakecity55's picture

Well, I hate to tell you this, but they are just getting started....

Tue, 12/15/2015 - 21:31 | 6928423 just the tip
just the tip's picture

just transfer $15 million US into hussein's cayman account and this goes away.

Tue, 12/15/2015 - 21:34 | 6928431 MilwaukeeMark
MilwaukeeMark's picture

Welcome to Banana Republic status.

Tue, 12/15/2015 - 21:36 | 6928437 pods
pods's picture

Does Smith and Wesson have any legislative authority to do anything if they do find something?

I'd mention something about a banana republic but I'd be branded a rayciss.  

Tue, 12/15/2015 - 21:41 | 6928451 Arthur Schopenhauer
Arthur Schopenhauer's picture
Reporter Says Trump's Campaign Made Journalists Pledge Not To Speak To His Supporters

 

Sean Hannity Laughs Off The Claim, Calls It "Hilarious"
Tue, 12/15/2015 - 21:43 | 6928454 One And Only
One And Only's picture

My brother died by murder by arson. My brother died in his apartment of a fire set by someone clinically unstable over a dispute with the landlord.

My question to Obama is what is Obama doing to keep insane people off the street period. Why are there no more insane asylums? These people are released into society and put on welfare into the care of their families who often times don't want to or can't care or supervise them.

What....is it too politically correct to place a crazy person into a crazy house? Unfortunately today it is. All of these debates about guns are stupid because the guy who killed my brother couldn't get a gun but he still killed. The people who did 9/11 didn't use guns. The boston marathon bombers didn't use guns for their main attack. Many people are killed everyday by insane people so why not focus on that?

Guns don't kill people anymore than knives or fire. Who's hands are these tools in?

Tue, 12/15/2015 - 21:54 | 6928501 MsCreant
MsCreant's picture

I'm sorry for your loss. Hurts extra that they seem to be missing the point. Hurts phenomenally worse when you realize they are deliberately not getting it, and just pursing an agenda, at the cost of logic, justice, and innocents like your brother. 

I can't pretend I know your pain. Please enjoy the time you have left, he would want that. 

 

 

Wed, 12/16/2015 - 00:27 | 6929103 Oldwood
Oldwood's picture

I second your notion. My first exwife was murdered, shot in the head in a car jacking in Seattle a couple of years ago (I had nothing to do with it...honest). The guy was a complete nut job who had shot a couple of other people a hour or so earlier in a coffee bar or such. Just walked up behind her and blew her away while she was getting into her car.

I really don't give a shit about gun control. Our problem is that we live in such a politically correct world that we can't "judge" anyone (unless you are a right wing conservative extremist who believes in God and Guns), so we just let the nuts roam free, harassing people, crapping in the street, and generally creating a potential disaster where ever they go. We are so damned worried about offending the truly fucking nuts in the world (wacko Islamists included) they want us to feel like the only safe place is to hide in a rubber room from the people who should already be in one.

Wed, 12/16/2015 - 05:07 | 6929586 Nobody For President
Nobody For President's picture

Ditto Oldwood, and it gets worse, rubber room is re-defined as "Safe Space"

https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF...

Follow up a few of these posts (and Wikipedia) and read 'em and weep.l,,.. 

Wed, 12/16/2015 - 09:18 | 6929879 HopefulCynic
HopefulCynic's picture

Sorry about you loss, but you have it backwards, free speech in today's world is only tolerated for the PC's and every leftist garbagge there is. Do not go critiquing, even in an extremely respectful manner any tranny, "feminist" or abortionist, if not you are immediately, judged reprimanded and told that tolerance does not apply to your ideas or culture. Leftist freaks, are mostly homogeneous in their way of thinking and, just want conformity to their ideas, at least within the "right" you can SAFELY say that extremists share the same opinion regarding free speech and tolerance with all the "leftists".

Tue, 12/15/2015 - 21:41 | 6928455 rsnoble
rsnoble's picture

For someone with so much hatred aimed at them, as reflected in 30% approval ratings, this SOB sure is acting high and mighty.

What's next after taking(trying) the guns? Outlaw vitamins and EXERCISE?? "You're releasing too much CO2 with all that running. Eat pink slime and stay on the couch".

Fuck the US gov't.

Tue, 12/15/2015 - 21:42 | 6928457 Meat Hammer
Meat Hammer's picture

Ok, cunt, investigate manufacturers of cars, airplanes, knives, screwdrivers, hammers, kitchen counters, bath tubs, swimming pools, and every other fucking thing that has ever been used to commit murder.

What? Is SWHC supposed to supply a lifetime chaperone with every gun they sell?  For the love of God!

These people would make Stalin blush.

Tue, 12/15/2015 - 22:10 | 6928560 TeamDepends
TeamDepends's picture

Welcome to Barry's final year. Or is it? There is evidence the bat-faced one, Valerie Jarrett, is the one responsible for the Clinton email leaks. Now, why would they torpedoe the Dem front runner? Don't they realize even a semi-legit R president would repeal everything the Weather Underground scum have worked for decades to achieve? Maybe they have no plans to vacate the White House?

Tue, 12/15/2015 - 22:14 | 6928573 Meat Hammer
Meat Hammer's picture

I wish I had an answer, TD.  Nothing makes sense anymore.  Or maybe it makes perfect sense to sociopaths.

Tue, 12/15/2015 - 22:33 | 6928652 Oldwood
Oldwood's picture

Chaos. It ain't supposed to make sense. We are just supposed to run around in circles blaming everyone and each other until the roof falls in on us.

Tue, 12/15/2015 - 22:17 | 6928589 lakecity55
lakecity55's picture

"I will see America destroyed and drenched in Blood before I leave for the UN."

MB Speech, Cairo.

Tue, 12/15/2015 - 21:47 | 6928474 luckylogger
luckylogger's picture

Guess the notes to the 8-k should be....

At anytime the SBF* may say something that will double our sales and therefore our forward guidence will be much lower than actual earnings.....

*Stupid Black Fuker

Tue, 12/15/2015 - 21:53 | 6928493 Catullus
Catullus's picture

What is a "public advocate"? And do I need to disclose every letter I receive from an asshole? Is that part of fair disclosure?

Tue, 12/15/2015 - 22:05 | 6928541 Stormtrooper
Stormtrooper's picture

It's time to give our state legislators a good solid kick in the ass to convene an Article V Convention of the States.  They really only need to propose and ratify one amendment to the Constitution.

"The three branches of Federal government, President, Congress and the Supreme Court and all agencies and departements created by them are hereby abolished.  All issues of governance are hereby returned to the 50 separate and sovereign states."

Short, sweet and to the point.  Who needs The Donald to fix our national problem?

Tue, 12/15/2015 - 22:08 | 6928556 Stormtrooper
Stormtrooper's picture

Oh, and by the way, they should also include an amendment to vet the citizenship of all past and PRESENT Presidents and to provide adequate penalty to any who have held the office contrary to the requirements of the Constitution to be a natural born citizen.  High treason=the hanging tree.

Tue, 12/15/2015 - 22:06 | 6928546 Meat Hammer
Meat Hammer's picture

These progressive pieces of shit better hope that the ideology opposite theirs doesn't take power because they are setting a dangerous precedent for abuse of power that can be used against them.  It would be poetic justice.

Wed, 12/16/2015 - 14:18 | 6931365 XitSam
XitSam's picture

While this is an attractive idea, I believe faith in it is misplaced.

There are an enormous number of liberal "civil servants" willing to advance the liberal ajenda. No matter who is elected, things will get worse. Some high profile hijinks may be blocked but the statist mindset will continue. Even politically neutral employees still want a bigger budget and expanded power and influence. It is the nature of government.

Sic semper tyrannis

Tue, 12/15/2015 - 22:08 | 6928557 bunnyswanson
bunnyswanson's picture

Obama is peeing his pants.  He is ~scared~ of the people.  He is a Pretender.

https://www.youtube.com/watch?v=SBjQ9tuuTJQ The Pretender > Foo Fighters

Tue, 12/15/2015 - 22:12 | 6928570 lakecity55
lakecity55's picture

Still there are those who do not think he will go Full Soviet.

Well, be prepared to be Surprised!

Tue, 12/15/2015 - 22:28 | 6928630 NoWayJose
NoWayJose's picture

How would S&W know how many crimes or murders are committed by its products? Do local cops from Podunk, Kansas notify the company? I smell a rat - a new mandatory government tracking system for all gun crimes?

Tue, 12/15/2015 - 23:05 | 6928777 MsCreant
MsCreant's picture

And they would have to track all the times the cops commit crimes with the guns too... oh, wait...

Tue, 12/15/2015 - 22:30 | 6928638 luna_man
luna_man's picture

 

 

Just lower the price and sell more...That'll teach'em!

 

just in time for x-mas

Tue, 12/15/2015 - 22:45 | 6928694 Celotex
Celotex's picture

How is Smith and Wesson supposed know whether any of its guns were used to commit crimes? And why would disclosure of this information in financial filings be of any interest to investors, whose only interests SEC rules are designed to protect are financial ones? And why would SW investors be upset with supposedly insufficient discourses in any event when the stock price is at an all time high? This is just a silly grasp at straws.

Wed, 12/16/2015 - 14:21 | 6931384 XitSam
XitSam's picture

Our opponents are statists. Logic, reason and reality mean nothing to them.

Tue, 12/15/2015 - 22:53 | 6928704 Frankie Carbone
Frankie Carbone's picture

BTFD!!

Seriously, I mean, .gov can't be out of MKULTRA mind control slaves, can they? When .gov wants something, then dammnit, they'll do whatever it takes to get it, which means to expect these mass shootings to increase in both frequency and brazenness. 

Besides, the pols certaintly must know that Lucifer demands ever greater sacrifices every time they bow to him for more power. 

Tue, 12/15/2015 - 22:57 | 6928745 holdbuysell
holdbuysell's picture

Obama's just looking to get his commission for being such a terrific salesman for S&W.

Tue, 12/15/2015 - 23:03 | 6928766 Old Poor Richard
Old Poor Richard's picture

"We keep guns out of the hands of criminals by being compliant with the law."  Guns getting into the hands of criminals despite compliance is by definition the fault of government authorities and not the fault of any company which is compliant.

Tue, 12/15/2015 - 23:19 | 6928815 the6thBook
the6thBook's picture

So file your complaint with the SEC against miss NYC.  She is manipulating stock prices!

Tue, 12/15/2015 - 23:04 | 6928775 RU4Au
RU4Au's picture

The Gun Salesman of the year just pressed the button for me to get that sweet N-frame 10mm moon clip wheel gun I've been jones'n for. Sweet. I hope the .45 versions don't mind a little company in the safe.

Tue, 12/15/2015 - 23:08 | 6928784 MsCreant
MsCreant's picture

How kind of you to help out an American business in need (the lawyer fees and other services they need will pile up). You are being unselfish and partiotic! It's what Bush told us to do in the face of 911, go out and shop, shop, shop! 

God bless you.

Tue, 12/15/2015 - 23:09 | 6928786 deerhunter
deerhunter's picture

S&W. MP shield in 9mm for the Mrs stocking . Not the stocking on the mantle either. Merry Christmas Mrs Deerhunter.

Tue, 12/15/2015 - 23:20 | 6928817 gregga777
gregga777's picture

There must be an investigation into how a Sunni Muslim citizen of Indonesia, Barrack Hussein Obama, was Unconstitutionally, Treasonously, Illegally elected President of the United States of America.

Thu, 12/17/2015 - 20:12 | 6937589 pipes
pipes's picture

There must be an investigation into how a Sunni Muslim citizen of Indonesia, Barrack Hussein Obama, Unconstitutionally, Treasonously, Illegally usurped the office of The President of the United States of America.

 

I fixed it for you.

Tue, 12/15/2015 - 23:22 | 6928822 the6thBook
the6thBook's picture

Every zerohedger needs to file a complaint against New York City for manipulating SWHC stock price:

https://denebleo.sec.gov/TCRExternal/disclaimer.xhtml

 

Tue, 12/15/2015 - 23:39 | 6928902 onmail1
onmail1's picture

A NiggaPuts a gun on gun maker

'your life or your gun'?

Tue, 12/15/2015 - 23:39 | 6928903 Clowns on Acid
Clowns on Acid's picture

Letitia James has an IQ of about 83. "the New York City public advocate on Monday asked federal regulators to investigate whether the gun manufacturer Smith & Wesson had made adequate disclosures in its financial statements."

The US Public would like to ask federal regulators or indeed the FBI, to investigaten whether Obama's birth cert is legitimate and that his University and Law School records provide adequate disclosure regarding his background and accomplishments.

Friggin' Africans.

Wed, 12/16/2015 - 00:47 | 6929188 gregga777
gregga777's picture

Gun control has absolutely nothing to do with preventing either mass shootings or terrorism or violent crime. Gun control is an Unconstitutional program to disarm the American People to further of the growth of the totalitarian police state. Gun control is one aspect of Sunni Muslim President Barrack Hussein Obama's plan to destroy the United States of America from within.

Notice—To whom it may concern:

THERE SHALL BE NO STATUTE OF LIMITATIONS ON PROSECUTION FOR TREASON.

Wed, 12/16/2015 - 01:11 | 6929258 Anopheles
Anopheles's picture

Securities and Exchange Commission should examine whether Smith & Wesson misrepresented or omitted information about how often its products are involved in crime.

 

So I guess that the SEC is saying that S&W should have full access to FBI and police databases so they can monitor if their guns are being used in crimes?

 That's how I would respond, and demand that the SEC provide full access to all the police and FBI databases.

 Should be an interesting response.

Wed, 12/16/2015 - 02:09 | 6929383 surf@jm
surf@jm's picture

So, who`s leading the investigation?......Lois Lerner?......

Wed, 12/16/2015 - 07:57 | 6929712 jughead
jughead's picture

Let's hold the US government to the same standard.  I think the holders of US debt are entitled to know how often weapons sold by the US governemnt are used worldwide in crime, terrorism and acts of war, don't you?  

Wed, 12/16/2015 - 09:04 | 6929840 HopefulCynic
HopefulCynic's picture

But how is the relationship going with Lockheed, Raytehon and all of those companies that advocate, and lobby mass murder throughout the world, and are part of the great surveillance system? Just dandy! 

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