GOP to foil Obama Administration’s sneaky ‘backdoor gun control’ ploy
House Republicans plan to use an appropriations bill to roll back “backdoor gun controls” the Obama Administration wants to impose as a last gasp attempt to salvage its failed anti-gun agenda.
Brietbart News reported on May 31 that the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) aims to skirt Congress with “more than a dozen” new gun control regulations, including new limitations on who can buy or possess guns, new reporting requirements for gun dealers and new controls on certain types of firearms.
Congressional Republicans, however, plan to derail the ATF’s “backdoor gun control push” by inserting “riders “attached to an appropriations bill necessary to fund the Department of Justice, which oversees the ATF. According to The Hill, the riders mean the DOJ cannot get the money it needs to operate “unless the Obama administration backs down from certain gun regulations.”
Some of the GOP’s rider provisions would block DOJ from banning military-style assault rifles and high-powered bullets for handguns, and collecting information about certain guns sales.
One of the provisions in the GOP’s rider would prohibit the ATF from banning certain forms of armor-piercing ammunition. Rep. Richard Hudson (R-N.C.), who introduced the amendment to block future bullet bans, warned the ATF to keep its “hands off our guns.”
Another rider provision would stop the ATF from collecting information about the race and ethnicity of gun owners. Rep. Diane Black (R-Tenn.) called the ATF’s racial disclosure policy a “direct challenge to the Second Amendment rights enshrined in our Constitution.”
Despite the momentum to derail the sneaky maneuver, the NRA is encouraging gun owners to contact their Congressional representatives and demand they “stop the Obama administration from bypassing Congress on gun control,” NRA spokeswoman Jennifer Baker told Brietbart’s AWR Hawkins on June 2.
Also, Rep. Cynthia Lummis (R-Wyo.) has introduced a bill that will address a similar type of backhanded gun control imposed by the State Department. Lummis’s
Collectible Firearms Protection Act, introduced on June 4, would reverse a State Department decision to block importation of historic M1 Garand rifles and M1 carbines from South Korea.
“Legislation shouldn’t even be needed for U.S. citizens to purchase perfectly legal and regulated firearms especially in this case with storied, American made rifles that are pieces of U.S. military history,” Lummis told the Associated Press. “This is simply a political stunt on the part of the State Department to deny law-abiding citizens, firearm collectors, and competitive marksman the exercise of their Second Amendment rights. The State Department has no business blocking domestic firearm ownership and my bill will make sure it stops.”
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Bloomberg’s Everytown bungles another attempt to make sense
A nationwide effort by former New York City Mayor Michael Bloomberg-supported Everytown for Gun Safety to promote the wearing of orange garments in an effort to push its gun control agenda on June 2 is being widely mocked as yet another stunt that missed its mark.
“We’ve been watching social media throughout the day, and we’re stunned that the organizers of this event chose the same color that many prison inmates, including several ex-members of Bloomberg’s other group, the Mayors Against Illegal Guns, are wearing every day of the year,” Citizens Committee for the Right to Keep and Bear Arms Chairman Alan Gottlieb noted in a June 2 press release.
“At least they’re sticking with a color familiar to so many anti-gun politicians,” he added.
Two Bloomberg-supported groups, Everytown and Moms Demand Action, along with other gun control organizations participated in the “wear orange” effort.
“When this publicity stunt was launched,” Gottlieb observed, “the organizers tried to peddle this as an adoption of the color that hunters wear for safety in the field. What they didn’t expect, however, is that millions of hunters and gun owners are now fighting back, reminding the gun grabbers on social media that orange is also the color of prison jumpsuits. At least we’ll see the anti-gunners coming from a long way off, but we can’t be sure if they’re just misguided protesters, or jail escapees. In either case, we’re advising our members to not let anybody wearing orange get too close today.”
Among the notable participants were the New York Mets, who posed for a photo in which they all wore orange to support the stunt. At least one Met later objected to being manipulated into participating.
“This is not why I put on that shirt this day,” Mets’ pitcher Dillon Gee Tweeted. “I, in no way, support [Bloomberg] or gun control.”
“While the Mets are donning orange in New York, a ‘Wear Orange Party for Peace’ is being hosted by Mayor Rahm Emanuel in Chicago, where gun control has correlated with a seemingly insurmountable wave of murder and mayhem,” noted AWR Hawkins on Brietbart.com on June 2.
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Proposed bill would abolish North Carolina pistol permit system by 2012
North Carolina residents would no longer need a permit when buying handguns beginning in 2012 under a redrafted omnibus firearms bill approved by one ballot in a pivotal committee vote on June 3.
HB 562, entitled the Second Amendment Affirmation Act, passed a House panel when Chairman Rep. David Lewis (R-Harnett County) broke a 13-13 tie. The bill will be presented to the General Assembly soon.
According to a summary of the bill, the measure also contains provisions related to how doctors ask patients about firearms in their homes, although the language is looser than in earlier versions of the bill.
According to the Associated Press, most of the scrutiny on the proposed bill has focused on a provision that would repeal North Carolina’s pistol purchase permit system. As originally drafted, the bill would have ended the state’s pistol permit system in 2018. The measure approved in committee on June 3 would extend the current permit system for an additional three years.
Current North Carolina law requires anyone buying a handgun, whether from a private seller or not, to get a pistol purchase permit from their local sheriff. In order to obtain such a permit, which is good for five years, individuals must submit to a background check.
Grass Roots North Carolina said the current law is a holdover from the Jim Crow era and is often ignored today. “We have 100 sheriffs and 100 sets of issuing criteria,” GRNC President Paul Valone said in a June 2 press conference. “We feel the point-of-purchase background check more than offsets any other provisions.”
Moms Demand Action for Gun Sense, an anti-Constitution cabal of hysterics financed by former New York City Mayor Michael Bloomberg, responded with typical temper tantrums and threats.
“This law has been the important backbone of public safety in here North Carolina, keeping guns out of the hands of felons, domestic abusers and the severely mentally ill,” blared Moms’ spokes-screamer Sarah Green.
Meanwhile, in Texas, Gov. Greg Abbot is expected to sign an open-carry measure that will end a 140-year Reconstruction Era ban on carrying handguns in plain sight.
The bill, passed by the state Legislature in late May, is expected to be signed into law by Abbott within a week, according to the Associated Press.
Despite its reputation as a pro-gun state, Texas is one of just five with an outright ban on open carry. “It’s a thumbs up for law-abiding citizens,” said Rep. Debbie Riddle (R-Houston) who co-sponsored the bill. “Everywhere there is a denial of Second Amendment rights, crime is through the roof. It’s a deterrent. If someone is going to rob a convenience store and there are other people inside with guns on their hips, they might think twice.”
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STORIED NAME FLOUNDERING
Bleak outlook for firearms maker Colt Defense as bankruptcy looms
A June 4 article in National Defense Magazine Military speculates that one of the most famous and storied names in the gun industry, Colt Defense, is preparing to file for Chapter 11 bankruptcy and will pursue a two-pronged strategy to stay in business.
According to co-authors Andrew Schoulder and Robert Crowley, Colt narrowly missed financial collapse in November and was not marketing its firearms to buyers at May’s Special Operations Forces Industrial Conference in Tampa.
“The question now is whether Colt will remain on a downward trajectory or adjust its course,” they write. “But we may already have seen the writing on the wall. While many of Colt’s competitors were displaying their offerings last month Colt Defense was nowhere to be seen. The fact that Colt was from around the world may be a clear sign that it is preparing to file for Chapter 11 bankruptcy.”
According to Rich Duprey of Motely Fool, Colt Defense holds $250 million worth of unsecured 8.75-percent interest rate bonds due in 2017. Colt is asking bondholders to accept just $300 in new junior secured bonds that bear a 10-percent interest rate and mature in 2023 for every $1,000 they hold. In addition, Colt will offer them $50 of new bonds for every $1,000, if they also vote in favor of its prepackaged bankruptcy plan, Duprey writes.
In April, Colt made an exchange offer to the holders of its unsecured bonds as a “Hail Mary” to avoid defaulting on its May 15 interest payment, Schoulder and Crowley write. The exchange offer was conditioned on obtaining the participation of 98 percent of the outstanding principal amount of bonds.
Colt announced at that time that if the exchange offer was not successful it would consider commencing what is known as a “pre-packaged” Chapter 11 bankruptcy case, Schoulder and Crowley write.
In Duprey’s April 27 Motley Fool analysis, Colt’s Plan A is to restructure its debt with bondholders, asking them to take a 70 percent loss on the face value of the debt they hold with longer maturities and higher interest rates.
“On the other hand,” Duprey writes, “Plan B is to undertake what is called a prepackaged bankruptcy that would allow Colt to move quickly through the proceedings and emerge a healthier company on the other end.”
While such dual tracks are common, according to Duprey, “Colt is being unconventional as it seeks a restructuring that requires near unanimous consent from its bondholders, a difficult proposition under the best of circumstances, and a ‘prepack’ without consultation with its largest debt owners.”
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