INDUSTRY RESPONDING?
THERE HAS BEEN A DIFFERENCE IN THE NUMBER
OF SALES FOR THE GUN INDUSTRY.
THE DIFFERENCE IS PRETTY STARK.
ACCORDING TO REPORTS, SHARES OF GUN MAKER RGR DOWN AS MUCH AS
9% AFTER REPORTING RESULTS WEDNESDAY THAT MISSED
EXPECTATIONS.
IN THE SECOND QUARTER SALES WERE DOWN 22%
AGAINST THE SAME PERIOD LAST YEAR WHILE PROFITS FELL A TOTAL
OF 53%.
WHEN DEMOCRATS ARE IN OFFICE IT IS GREAT BUSINESS FOR
GUN MANUFACTURERS BECAUSE THERE IS THIS FEAR OF GUN REGULATION,
GUN CONTROL.
SINCE THEY ARE WORRIED ABOUT IT THEY WILL GO
OUT AND BUY GUNS
AND STOCKPILE.
THEY ARE VERY WELL AWARE THAT
REPUBLICANS ARE NOT NECESSARILY GOOD FOR BUSINESS.
>> IT'S NOT ONLY BECAUSE THEY ARE NOT AS AFRAID UNDER TRUMP,
BUT ALSO DURING THE ELECTION THAT IS WHEN THEY WERE DOING ALL
THE PROPAGANDA.
PEOPLE PANICKED AND STOCKPILED.
THEN THAT MEANS
THEY ALSO HAVE LESS MONEY TO BUY ALL THEIR GUNS NOW.
THAT'S ANOTHER REASON WHY SALES ARE GOING DOWN.
>> KEEP IN MIND THE NRA ENDORSED AS POLITICIANS, THEY ENDORSED
DONALD TRUMP.
THE NRA IS ALSO VERY CLOSELY TIED TO THESE GUN
MANUFACTURERS.
GUN MANUFACTURERS FUND THE NRA, WHICH IS WHY IT IS
A POWERFUL LOBBYING GROUP.
I WAS CURIOUS TO SEE WHAT THEY DO TO
MAKE UP FOR SLUGGISH SALES.
THIS QUOTE KIND OF GIVES YOU A SENSE
OF WHAT THEIR MENTALITY IS AND WHAT THEIR MARKETING STRATEGY
IS.
THIS IS BASED ON THE CEO OF RGR.
IT IS
THIS CYCLE OF
PARANOIA.
MORE PARANOIA LEADS TO MORE PEOPLE BUYING GUNS, MORE
GUNS LEAD TO MORE VIOLENCE, WHICH LEAD TO MORE COPS FEELING
PARANOID.
IT'S A VICIOUS CYCLE.
IT'S FASCINATING TO SEE AT WORK.
>>IT'S FASCINATING FOR HIM TO ADMIT IT.
IF YOU BREAK IT DOWN
INTO HUMAN TERMS IT IS INCREDIBLY GROSS.
HE IS SAYING
BASICALLY COPS ARE AFRAID THAT YOU HAVE A GUN, SO THEY ARE MORE
LIKELY TO SHOOT, THAT MAKES PEOPLE SAY BACK OFF.
HE THEN
CLAIMS THAT NOW CRIME IS RUNNING RAMPANT BECAUSE OF THAT.
THERE
IS NO PROOF OF THAT.
THAT MAKES A VIDEO ELSE NERVOUS.
BUT IT IS
GOOD NEWS FOR US BECAUSE IT DRIVES DEMAND AS LONG AS
EVERYBODY IS AFRAID.
BUT THE FIRST PART OF THE SENTENCE IS
EVEN MORE IMPORTANT.
WHAT WE SEE TO BE A VICIOUS CYCLE, NEW
SHOOTERS, THEN PEOPLE GET WORD AND GRAB THEIR GUNS OR BUY NEW
GUNS AND THEN THERE ARE MORE SHOOTINGS BECAUSE OF THAT.
IF
YOU ARE A GUN MAKER, THAT IS A VIRTUOUS CYCLE.
THAT LEADS TO
MORE PROFITS.
BUT AS THE CEO BASICALLY ADMITTING THAT IT IS
GOOD NEWS.
RIGHT NOW THEY ARE HAVING A LITTLE BIT OF A PROBLEM
THOUGH.
LAST YEAR THERE WAS LITERALLY ONE MASS SHOOTING
WHERE FOUR PEOPLE WERE SHOT EVERY DAY.
ON THE OTHER HAND
THEY ARE LIKE THIS IS GREAT.
>>TO BE FAIR DEMOCRATS KIND OF PROPOSE GUN LEGISLATION.
>> BY THE WAY LEGISLATION THAT AN OVERWHELMING MAJORITY OF GUN
OWNERS AGREE WITH.
73% OF NRA MEMBERS AGREE WITH THE
LEGISLATION THAT WAS PROPOSED BY THE DEMOCRATS DURING OBAMA.
BUT
THE NRA GETS MOST OF THEIR FUNDING FROM GUN MANUFACTURERS.
CRIME LEADS TO MORE PARANOIA WHICH LEADS TO MORE GUN SALES.
THEY DON'T ACTUALLY HAVE A PROBLEM WITH CRIME.
>>WHEN I AM CURIOUS ABOUT IS ñ EVEN THE MAJORITY OF NRA MEMBERS
ARE IN FAVOR OF CLOSING THE LOOPHOLES TO ENSURE THAT GUYS
DON'T GET ACCESS TO GUNS.
HOW COME EVERY TIME THERE IS ANY
TYPE OF DEBATE OR DISCUSSION IT IMMEDIATELY DEVOLVES INTO TWO
INSANELY POLARIZED GROUPS THAT REFUSE TO SEE THE PERSPECTIVES
OF ONE ANOTHER.
I AM NOT IN FAVOR OF BANNING GUNS.
I'M IN
FAVOR OF THE BACKGROUND CHECKS, CLOSING THINGS LIKE GUN SHOW
LOOPHOLES.
BUT AT THE SAME TIME I AM ALSO VERY WELL AWARE OF HOW
THE NRA IS FUNDED, HOW THEY ARE CORRUPTED BY GUN MANUFACTURERS,
HOW IT ALL HAS TO DO WITH PROFIT.
FOR PEOPLE WHO ARE
HARD-CORE GUN ADVOCATES ARE YOU AT LEAST ABLE TO ACKNOWLEDGE
THAT?
>>I THINK THE 27% ñ IT'S NOT LIKE THEY DISAGREE A LITTLE BIT,
THEY ARE SUPER FIRM.
THEY HAVE BEEN RILED UP FOR THE PROFIT OF
OTHERS.
IF YOU PROPOSE LEGISLATION WHERE YOU KNOW WHO
BOUGHT THE GUN AND THEY ARE NOT MENTALLY DERANGED OR A FELON
THAT WILL LEAD TO ñ IF YOU HAVE A TERRORIST WATCH LIST AND WE
DON'T LET TERRORISTS BUY GUNS NEXT THING YOU KNOW WE WON'T LET
CITIZENS BUY GUNS.
THE SLIPPERY SLOPE SLIDES BOTH WAYS.
THAT IS
PRETTY EXTREME ALREADY.
BUT THEN YOU CAN SAY WE SHOULD LET THE
PEOPLE ON THE TERRORIST WATCH LIST BY BAZOOKAS.
THE SLIPPERY
SLOPE SLIDES BOTH WAYS.
BUT THEY DON'T HEAR THAT.
THE REASON THEY
THINK THAT IS BECAUSE THERE WAS A SOPHISTICATED PROPAGANDA
CAMPAIGN DONE TO DRIVE GUN SALES.
BUT I DO ENJOY THE IRONY
OF THEM SUPPORTING REPUBLICANS AND FINDING OUT.
LOOKS LIKE THEY
SHOT THEMSELVES IN THE FOOT.