President Barack Obama has shown he is no fan of free enterprise as he picks winners and losers in the economy based on his ideological choices. He famously declared during his first presidential campaign that he would make carbon based energy so expensive that he would drive it out of the American economy.
And with the most recent EPA regulatory mandates, he is doing just that with regulations that will bankrupt coal producers and drive coal fired power plants out of existence. The same is true with his stance on petroleum and the XL pipeline, which he made sure would not be built.
These decisions have ensured that thousands will lose their jobs, and millions would pay more for energy, and they were all promoted to push renewable energy and address the global warming agenda the administration is pushing. Obama seems never to be moved by the human costs.
The flip side was a project like the Solyndra solar project which the government supported to the tune of about $600 million of taxpayer money. That turned out to be a farce and quickly went bankrupt before anything of value was produced.
Obama seems to think that he should be the sole arbiter of American business and the economy, and he is willing to punish and bankrupt the companies he does not agree with, regardless of the human consequence. And so it is ironic that one of his most despised targets, the gun manufacturing industry, has been able to succeed and prosper in spite of Obama’s animus and best efforts to run them out of business.
It is also more than strange that African American citizens, who suffer the most from gun violence, are the biggest victims by Obama’s campaign to get guns out of American society.
Obama seeking to destroy Smith and Wesson, page 2:
obama is a enemy of our guns ,but not terrorist guns.
more lies from a liar, it’s time we make him leave office.
He hates America disgusting traitor
Need to investigate his illegal entry. Into power, the sorry Muslim thug.
Obama is a disgrace
The mind of a three year old
Although we were designated Colt’s firearms dealers – as well as the Browning dealer – and thus Colt’s handgun Dad favored as well as both of these arms makers, I however have always preferred Smith & Wesson revolvers, in .22 LR and .44 Magnum caliber and that preference has not changed over the past 70 years . . . that, although, my first centerfire handgun was a Model 11A1 .45 acp; that caliber in a SW M4506 the concealed carry sidearm worn for over 20 years now. As for the future of firearms in this nation, there are apparently still a goodly number of intelligent patriotic citizens that have ‘read the writings on the wall’ and thus Obama, like the Clintons and their evil kind, are, remaining, in fact, the best firearm salespersons of this century as well as the last century . . . that we have ever had.
Sad
Shares didn’t plunge. Wtf are you talking about? If anything everyone is buying in guns.
Thats what his secret service use…2016