Obama - salesman of the year

Last night, I was taking to Garrett (not his real name). I like to refer to Garrett as my arms dealer. The guy is an encyclopedia on all things firearms.

In any event, Garrett told me that at a gun show he went to last weekend, the dealers were referring to Obama as saleman of the year.

The prices of guns have tripled at the shows. In addition, Garrett told me that right now it's almost impossible to find 9mm rounds inside the city. He's gone to 6 Walmarts, two Dick's and a Bass Pro Shop where he was finally able to buy up their last 900 rounds.

The manager at Bass told Garrett they cannot keep a skid of ammunition in stock for longer than a day.

So congratulations to The Messiah, he's single handedly turning around the economy; albeit just the gun sector.

Follow up......

Today's Reuters

The election of President Obama and a Democratically controlled Congress has been a boon to U.S. handgun makers, with sales of one pistol manufacturer climbing enough that an analyst Wednesday upgraded its stock to "Strong Buy" from "Accumulate."

CL King & Assoc. analyst Jim Barrett upgraded shares of Sturm, Ruger & Co. after the Southport, Conn.-based company reported its firearm revenue soared 81 percent in the fourth quarter.

"We are raising our rating, recognizing that sales are benefiting from what is clearly a one-time surge in gun sales due to the arrival of the new Democratic administration," Barrett said.

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