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The
Below Comments Relate to this Newslink:
Many Americans have Invested in Gun Manufacturers Through Retirement Portfolios
Submitted by:
David Williamson
Website: http://libertyparkpress.com
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Despite continual debate about gun control many Americans are likely unaware of their investments in gun manufacturers. Through mutual funds, index funds and exchange-traded funds, many Americans have unknowingly invested in gun companies. After Vista Outdoor announced the sale of Savage Arms last month, American Outdoor Brands (AOB) and Sturm Ruger are the only remaining publicly traded gun manufacturing companies in the United States. AOB has a market capitalization of $465 million, while Sturm has a cap worth $765 million, making them both small-cap stocks, according to financial services firm Morningstar. |
| Comment by:
PHORTO
(8/20/2019)
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Investing in an industry that has intrinsic constitutional protection isn't a bad idea.
'Just sayin'. |
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| QUOTES
TO REMEMBER |
| "Some people think that the Second Amendment is an outdated relic of an earlier time. Doubtless some also think that constitutional protections of other rights are outdated relics of earlier times. We The People own those rights regardless, unless and until We The People repeal them. For those who believe it to be outdated, the Second Amendment provides a good test of whether their allegiance is really to the Constitution of the United States, or only to their preferences in public policies and audiences. The Constitution is law, not vague aspirations, and we are obligated to protect, defend, and apply it. If the Second Amendment were truly an outdated relic, the Constitution provides a method for repeal. The Constitution does not furnish the federal courts with an eraser." --9th Circuit Court Judge Andrew Kleinfeld, dissenting opinion in which the court refused to rehear the case while citing deeply flawed anti-Second Amendment nonsense (Nordyke v. King; opinion filed April 5, 2004) |
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