Repeal the 1986 machine gun ban!

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An exercise in futility. This White House isn't going to do anything about the issue. Spend your time, money, and energy campaigning for pro-gun candidates, and make sure that they know that people care about repealing the Hughes amendment. Candidates listen to their constituents in election years.
 
Wouldn't this instantly depreciate the value of rifles that people spent a lot of money on? Some might not be so happy about repealing the 1986 ban.
 
it may depreciate the value but there are very many people who would jump at the opportunity to own a fully automatic firearm, there would be a huge jump in the firearms market and a big jump in government revenue from the tax stamps
 
Wouldn't this instantly depreciate the value of rifles that people spent a lot of money on? Some might not be so happy about repealing the 1986 ban.
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If they are more concerned about the money then our rights then they are selfish.
 
Ill sign it! And I am one of those people who will see their gun lose value. You know what? I don't care, liberty means more to me than rate of return :)
 
I'll sign it too... since the 1934 law it has all been foolish stupidity.

The irony is my class 3 dealer loves these laws... makes him money.

I love to point out to my republican / conservative friends that they can thank the 1986 ban on their hero Ronald Reagan. Who is also responsible for a lot of the gun laws in California.
 
It may or may not depreciate the value. Look at the founding fathers and what they sacrificed by just signing the declaration of independence. Which would you rather have, $20,000 or freedom?
 
I don't know, there weren't that many people buying full auto before , why would they buy if it was repealed. I wouldn't but maybe that is just me.:evil:
 
$1000 for a new full auto AK and $1500 for a real M4. Many people would be able to afford it at those prices vs $15,000 and up for 25+ year old used guns that usually sit in a safe in most collectors homes and are rarely taken out and shot to keep their value.The ones that do shoot them are usually well off to begin with and can afford to shoot them year round well out of middle class affordability.

We need the Hughes amendment repealed otherwise, they will become extinct eventually since there only a limited number of them legally available for ownership and sale.Those people who bought those machine guns for investment should have put all that money into gold when it was cheap over ten or so years ago instead of putting it into an investment that can literally be liquidated by a stroke of a pen when the Hughes amendment finally gets repealed.
 
Whitehouse.gov is the wrong venue for such a petition because it will get NO positive response. Set up a petition that all Congress Critters and the press will see.
 
I love to point out to my republican / conservative friends that they can thank the 1986 ban on their hero Ronald Reagan. Who is also responsible for a lot of the gun laws in California.
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Thank the NRA, not RR. Reagan asked the NRA if he should sign FOPA because of the Hughes Amendment and the NRA said yes and they would challenge it later.
 
We need the Hughes amendment repealed otherwise, they will become extinct eventually since there only a limited number of them legally available for ownership and sale.
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Forgive me if I'm wrong, but I've heard that you can take your worn out FA weapons to an appropriate manufacturer and they can certify the original as "destroyed" and reuse the SN on a new firearm and return it to you.
 
Like mentioned, your biggest foes are often the guy standing next to you smiling with his HK MP5 he paid $10,000+. He doesnt want you to get the same toy for the more realistic price of $1,000. This is very true of most class 3 dealers.:(
 
springwalk wrote:

Like mentioned, your biggest foes are often the guy standing next to you smiling with his HK MP5 he paid $10,000+. He doesnt want you to get the same toy for the more realistic price of $1,000. This is very true of most class 3 dealers.
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Class 3 dealers -- those that are truly in it for the business, as they should be -- make their profit on turnover, not on holding on to inventory for years hoping for capital appreciation. They would rather sell 100 units with a markup of, say, $500 each over a 1-year period than 10 units with a markup of $5,000 each over a 5-year period. Affordable prices are generally to the benefit of Class 3 dealers, because they make turnover much faster.

The "passive investor" (and one who doesn't care that much for machine guns for their own sake, at that) is the real problem. Such people don't even shoot their guns, so you're unlikely to find them at the range.
 
Most Class 3 dealers are in it for their Personal toy collection and sell the minimum sales to retain a license. The ATF knows this and thats why they check in on them. Class 3 dealers arent generally known for great customer service:rolleyes:
 
Bovice wrote:

Forgive me if I'm wrong, but I've heard that you can take your worn out FA weapons to an appropriate manufacturer and they can certify the original as "destroyed" and reuse the SN on a new firearm and return it to you.
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That's incorrect. At one time, the original manufacturer was allowed to replace a worn-out or destroyed receiver and reuse the original serial number, but ATF doesn't allow that practice any more. (There are some Olympic Arms FA M16's that fall into this category, but they're considered "gray area" legally and are best avoided.) Another complicating factor is that often the original manufacturer of the receiver is one entity, and the converter of the receiver to FA is another entity. Anyway, you can't do this now. (Somebody tried to weld serial numbers taken from MACs onto newly-made belt-feds, and got into a lot of trouble.)

That said, a "worn-out" receiver can almost always be repaired, given enough time and money. If it's utterly lost/destroyed (such as being thrown overboard into the deep ocean), you're out of luck.
 
(Somebody tried to weld serial numbers taken from MACs onto newly-made belt-feds, and got into a lot of trouble.)
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I've heard about that but never read about it. Do you have a link handy?
 
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