Hello I am Magnumdweeb and I have given into the PANIC

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I'm not sure I understand the attitude of buying a bunch of magazines/ammo/guns right now beyond what a person actually could ever use. If money is not an issue, than no big deal, buy all you want. But, for example, if I knew that chainsaws were going to be banned starting January 1, 2013, I might go out and buy another one to be a backup to my current one, or maybe I'll even splurge and get two backups. But what would the point be of going out and getting 10 chainsaws and blowing all that money?

Everyone knows the maxim that you're supposed to buy low and sell high. Yet, numerous people will still fall victim to a buying frenzy when the prices are highest. If there actually is a federal ban put in place, it will very likely include a grandfather clause, but also include a provision preventing those grandfathered items from being transferred except back to a dealer. So, there is not going to be some kind of lucrative secondary market for these banned items like there is currenty for pre-ban machineguns. In fact, the value of those banned items will plummet, so its not like you are making a good investment.

I guess my point is that if you currently only have two 30rd magazines for your AR-15 and you've always thought it would be ideal to have six 30rd magazines, by all means go out and buy four more. But don't go out and buy ten more and blow your money just because you got caught up in the frenzy.

Obviously, you forget what it was like during the last AWB! Prices went way up and people got top dollar for AR's and AK's, not to mention pre banned high cap pistol mags!
It sucked if you missed the boat cause things where hard to find and expensive as well.

Oh, one more thing. If it passes, there will be NO grand father clause in the new AWB (thanks to Pelosi!).
So... All that money on new purchases will be wasted as you would be required to surrender you weapons...
 
Obviously, you forget what it was like during the last AWB! Prices went way up and people got top dollar for AR's and AK's, not to mention pre banned high cap pistol mags!
It sucked of you missed the boat cause things where hard to find and expensive as well.
I do remember, but see my previous post, where I tried to caution that there is no guarantee another ban will be the same as the last one.
 
Well, I'm probably coming in too late. I always wanted a high-quality AR, something like a Colt 6920, something to pass down. But I'm a teacher and nearly always broke. Do I still have any chance of finding one? I see mostly "out of stock" on the web. Any ideas? Would prefer new from a dealer. Thanks for any advice. Ty

Colt's have suddenly skyrocketed (not sure why), but most other makes are still the same prices they were last week. I just looked at Impact guns, and while the LE6920 jumped over $400, the Armalite M15 carbine is the same $899 it was on the 13th.
 
I wouldn't call what I bought as panic.

I currently have a high end 6.8 AR, I have four 6.8 mags. I've still been wanting a 5.56.

Today I bought fifteen 30 round 5.56 mags. Was only planning on ten, but the price was too good $7. I am still looking to buy two lower receivers.


Call it panic if you will, but I would rather buy the things I want then be able to never own them. A lot of people have three AR's. I don't see that as a big deal, especially considering right now I'm only putting the money into the lowers. What if one day I want my wife to have an AR? My son?

And as far as the fifteen mags, I wouldn't consider myself to need that many, but I probably would have eventually accumulated them anyhow. What if the bodies of some that I own get mangled. If I could never buy anymore, I might as well go ahead and buy them now.

I've never bought in panic before. And even though I just did today, I did so within my means and budget. $300 isn't a unjustifiable insurance plan to me. I spend more than that a year to insure my car. This is the first time I've ever actually been scared new law may be enacted.
 
Well, I'm probably coming in too late. I always wanted a high-quality AR, something like a Colt 6920, something to pass down. But I'm a teacher and nearly always broke. Do I still have any chance of finding one? I see mostly "out of stock" on the web. Any ideas? Would prefer new from a dealer. Thanks for any advice. Ty

Yes. As someone above said Impact guns price on a LE6920 was like $1200 over the weekend..now $1500. I did buy my first AR last night and paid $1249 for the LE6920MP-FDE. Today the same place lists it for $1349 but they are listed as in stock. I think things will only get worse unfortunately.
 
Things are flying off the shelves here in West Texas. I did order four 22 round mags for my G35 but that was already planned but was accelerated due to this mess. Also ordered some "new" 9mm,10mm and 45acp brass and picked up 10 PMags for backup. Might order some more bullets if I can spare the cash. Yeah I'm scared but too broke to do anything about it.
 
I would not be surprised if there was some kind of ban. I personally think it is not going to happen. Bills will be introduced and die in congressional process. If a vote was made today though we would lose. I would be hugely surprised if current owners were not grandfathered. There are supposed to be legal reasons why the fed can not simply take things without compensation and I don't see them wanting to pay. States are a different story. A state can outlaw something and tell you to turn it in.
 
Oh, one more thing. If it passes, there will be NO grand father clause in the new AWB (thanks to Pelosi!).
So... All that money on new purchases will be wasted as you would be required to surrender you weapons...

The drafters of the new legislation, Feinstein or whatever her dumb face from Cali is named, have hinted that the ban would be going forward, and anything already owned would be grandfathered. However, they plan to prohibit the trading of "pre-ban" (or would it now be pre-post ban??) items this time.
 
However, they plan to prohibit the trading of "pre-ban" (or would it now be pre-post ban??) items this time.

I certainly don't want to see any sort of new legislation, but I gotta say, a prohibition on reselling grandfathered items would serve profiteering companies and individuals right. I would not feel the least bit sorry for someone who expected to capitalize on other's misfortune when the event they expected to create the demand that would make them wealthy curbs the market entirely and leaves them holding onto a bunch of merchandise they can't use or sell.
 
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I just want to caution people that it is not prudent to assume that a future AWB will operate in the same fashion as the previous AWB.

I agree. If I'm reading Feinstein's new proposed legislation correctly, it would outlaw the posession of all of whatever ends up being labeled an "assault weapon."
 
If I'm reading Feinstein's new proposed legislation correctly, it would outlaw the posession of all of whatever ends up being labeled an "assault weapon."

I believe it's designed to prohibit the transfer of declared contraband items; If you have 'em, you can keep 'em. But you can't sell 'em.

Making an item of which tens of millions of people possess many each unlawful to own would be exceedingly unpopular legislation, and would almost certainly be challenged right up to SCOTUS. That's more noise than they want to invite at this time.

In which case, it may be very unwise to buy a surplus, expecting to turn a profit on "pre-ban" items like you could the last time.

My suggestion to people is that if they really feel they need this stuff, they should get it (if they can afford it), but shouldn't buy more than they can use. What good are 500 PMags that you're unable to resell? No person I know could actually use that many, even under the most dire circumstances conceivable.
 
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The drafters of the new legislation, Feinstein or whatever her dumb face from Cali is named, have hinted that the ban would be going forward, and anything already owned would be grandfathered. However, they plan to prohibit the trading of "pre-ban" (or would it now be pre-post ban??) items this time.

Keep dreaming! Your living in a fantasy world if you think Finestien(?) and Pelosi are going to let you keep squat!

No my friends.. No grandfather clause in this one!

If its banned and is deemed to be destroyed, the US Government will give you fair market value at best.
At worst, there will be drop off locations for you to bring in your banned weapons for disposal.

This new AWB will be an outright assault on your 2A rights. Bet on it!
 
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I appreciate everyone who gave advice about buying an AR this week, especially RDHood, because his advice makes a lot of sense for my budget. But I've decided that I'm going to bust the budget and go over the fiscal cliff if I have to. I want an AR that is considered to be top-notch just in case I never have another chance to buy one. (Of course, I hope the panic is not justified even if I do end up paying too much). So I'd like to ask for some more advice, which I guess is allowable in "General Gun Discussions."

My reading seems to indicate that these brands are among the best built: Colt, LMT, BCM, Noveske.

Should anything else be on that list? Should anything not be on that list? Any specific rifles to avoid?

What about S&W? I know of a dealer that is getting a shipment of S&W soon.

The other thing I was wondering was whether it might make sense to buy (if I can find it) a .223 chambering rather than 5.56 (I don't think I want anything bigger).

My thought is that if there is a draconian ban, the .223 might be considered to be a permissible "sporting cartridge" while the 5.56 is "designed for the battlefield and capable of penetrating a police cruiser's door," as I once heard Mrs. Feinstein say.

I know that in many Latin American countries, calibers used by the military cannot be used by civilians or police. Sometimes you see cops carrying 1911's chambered for 38 Super for that very reason.
 
The stuff I'm buying now (GSG 552 and CMMG lower for my .300 Blackout Project) is not anything I was not going to get in the next 2 months anyway. I'm getting it now because the chances are better than average that they won't be available if I wait. My father always said "you've got make hay while the sun shines".
 
Yeah Prohibition. That worked well now didn't it.

This was the first thought that came into my mind. Their misguided efforts created, in the short term, one of the most violent periods in American history. The long term? The big time bootleggers just moved into everything else and became a serious force in this country, which they still are today.
 
Pray

I pray for the best and PRESUME the worst.

This is a nation of sheeple and that can be proved by the simple FACT that the laws of the land [ Federal ] have clearly stated that the police have NO need to protect the people.

That means to even a simpleton that if you cannot take care of yourself and your loved ones - your up that proverbial creek with no paddle.

NOW ask yourself how many y'all know that do not own the ability to protect themselves ?.

Bet its generally more than you know that are owners and shooters.

Leastwise I will bet that is the norm in this nation.

I too am sick to my stomach over these events [ horrors ].

I fully understand the OP's point and feel for ya Bro !.
 
If its banned and is deemed to be destroyed, the US Government will give you fair market value at best.
At worst, there will be drop off locations for you to bring in your banned weapons for disposal.

This new AWB will be an outright assault on your 2A rights. Bet on it!

What AR? What Clips? I have never owned clips, just mags.
 
I fear a ban, and there's little to stop it. The votes may not get the ban there, but if it does the President will sign it. It will be permanent.

YOU need to write congress.

Having become a gun collector/owner during the AWB. I was very frustrated with the absolute non-availability of affordable quality magazines 11+ capacity.

I have seriously stocked up on affordable mags since the ban sunset.

I have grave concerns about this ban, and have poured money into affordable ammo and mags so that I would never again be without. Over the last few years, I've worried about this day and have bought cheap and stacked deep; surplus ammo cases and span cans, mags, etc.

I don't have to "buy high" because I bought low.

I also expect those mags to increase a lot in value if there is a ban.

I also bought mags Friday and over the last couple days; I think the last of the supplies at low prices ($5.50 AK mags, $11 AR mags).

If they aren't transferable, then I'll be glad I have them.

If they are transferable, they'll go up in price.

Either way, I'll be glad I bought them at fair prices.
 
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