May 10th 2015

Colt Teeters on the Edge of Bankruptcy

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A seemingly bad state of affairs for this icon of firearms production. It is to be hoped some sort of rescue operation can be successful.

By Rich Duprey. April 27, 2015

Colt has struggled to sell firearms like the Model XSE despite the boom in gun sales created by fear of greater restrictions on ownership. Source: Colt

President Obama has been called the greatest gun salesman in history, moving the needle on gun sales merely because of the fear he might impose stricter firearm regulations.

FBI background checks conducted prior to a firearm purchase -- an imperfect but reasonable proxy for gun sales -- were nearly 17% higher between January 2009 (when President Obama took office) and March 2015 than they were in the entire decade that preceded it. There is a reason this period has been dubbed the "Obama Boom."....... -->


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