by Scott Creighton
#1 gun maker in America getting out of Dodge
A vulture capitalist firm from New York jumped into the gun trade in a big way back in early 2006 when they purchased their first manufacturer of assault rifles. With 6.5 billion dollars in their fund called the Freedom Group, Cerberus Capital Management bought many American gun and ammo companies right up until they started divesting from the businesses on Dec. 18th 2012. They have been the gun lobby for all intents and purposes for the past 6 years and it just so happens those were the most profitable years to be in the business here in the states. Hell, it’s almost as if they saw this all coming. And now they are bailing out as fast as they can.
(Sources: ATF, National Shooting Sports Foundation, United States International Trade Commission.)
The graph above does not include the most striking rise in gun sales over the past 20 years and that is from late 2010 til this past month. The steady rise has been unprecedented from other reports due to the fact that so many people have been forecasting the gun-grab which is about to take place.
As you can see, Cerebus got into the gun business at just the right time to turn a nifty little profit right before the bottom dropped out of the market. And like any good vulture capitalist firm with billions at their disposal, when they got into the market, they practically cornered it.
Cerebus bought up nearly every U.S. gun manufacturer there was. This is a list of the acquisitions they landed during their stint in the gun trade:
- Advanced Armament Corporation
- Barnes Bullets
- Bushmaster Firearms International
- Dakota Arms
- DPMS Panther Arms
- H & R Firearms
- Marlin
- Mountain Khakis
- Para USA[5]
- Parker Gunmakers
- Remington Arms
- Remington Military
- Remington LE
- Remington PMPD
- TAPCO
It seems like Cerberus knew just when to get in and get out and there is obviously good reason for that. Cerberus is a monster. They own outright or controlling interests in many international mega-conglomerates like DynCorp International for one. They have a reported 20 billion in assets and holdings.
Cerberus is run by billionaire Steve Feinberg and a couple for former Bush I standouts John W. Snow former Treasury Secretary and VP Dan Quayle.
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The lobby just got weakened with this group leaving the market. With a weakened public perception of the NRA, I see a downward spiral of gun purchases once the spike wears off and the regulations start slowing things. Gun manufactures and ammunition suppliers will scale back production in prediction and shortages will arrise. This will keep the prices up to maintain profits ultimately limiting who can buy becuase of high prices and halting demand. This will reduce gun ownership as the years go on as public perception changes (brainwashed) young people will live without and gun ownership and rights will become a thing of the past. That is what this really all about. The elite fear armed citizens if a heavy economic collapse happens and they partner with the brainwashed liberals who irrationally ignore facts and idolize European socialist laws.
If they just liquidate … and close the companies…. think of all the jobs lost. Another big hurt for the economy. Maybe China will now make guns for our armies….
Reportedly, Feinberg’s father, Martin Feinberg, lives in Newtown.
??
Another thing that’s been bothering me – assume the ‘buy-back’ goes ahead, even if only in some states. Given that we already know that some of those involved are of ‘Fast and Furious’ notoriety, just where are those guns gonna end up, hmmm?
You could also think of those boys who were attached to the embassy-that-wasn’t in Libya and how keen they were to have people know that they were busy out ‘destroying’ any guns they could find.
This is a manufactured or predicted economic bubble, and Cerberus are getting out at the peak before the next decline.
Demand is currently greater than supply and there is a lot of money being made. Don’t forget that the US is a bubble economy run by insiders and crony capitalists. This was planned.
Notice both the spikes in sales in 1993 when Clinton took office, and 2009 with Obama. Driven by fear that “they are going to take away our guns.” There are strong parallels between both administrations. In the first we had manufactured domestic terrorism with Ruby Ridge, Waco, Columbine, the first Trade Center attack, and eventually Oklahoma City. We see the same things happening now only the attacks are poorly planned and not covered up as well. It is as if they feel like they don’t have to make an effort now, because if the public bought into 911 they will believe anything.
While I agree that the 2nd is our most important right and disarming the the public is the long term goal. I suspect the short term goal is having as many guns in public hands as possible while making as much profit as possible. The weapons that they allow citizens to legally buy would have zero effectiveness against our military and limited effectiveness against militarized police. They would mostly be effective against each other in a fight for survival during a dollar collapse or an energy embargo. Or a deterrent to foreign troop invasion to protect US resources when WW3 is started.
I fear the third peril of George Washington’s vision for America and the 40 million army in revelations and the last pope predicted named Peter the Roman after the current pope Benedict. We need to be like Switzerland and like the constitution designed militias to be. We need to be prepared and be well armed and the 2nd amendment is what’s that is for. It’s sad that our un ending desire for cheap goods and materialism has empowered our enemy so great that they will eventually be the one killling us on our streets if u believe profesy. Pope Benedict doesn’t have long to live and China is growing at 8 perecent GDP with a surplus. What happens when that ends, can’t have the poor focust on the rich, war is better.
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