Bloomberg’s Super PAC Narrowly Misses Most Congressional Targets

Bloomberg’s Super PAC Narrowly Misses Most Congressional Targets – Late in this year’s election cycle, Mayor Michael Bloomberg suddenly announced the creation of a “super PAC,” Independence USA, through which the billionaire mayor could funnel unlimited sums of cash to candidates who support his political agenda of gun control, gay marriage and education reform. Looking at the federal races Mr. Bloomberg aimed to influence through the new political action committee, however, a majority of his candidates narrowly lost last...

Smith & Wesson, Gunmakers Rally After Obama Re-Elected

Smith & Wesson, Gunmakers Rally After Obama Re-Elected – Smith & Wesson Holding Corp. (SWHC) climbed the most in two months to lead a rally among firearms manufacturers as traders speculated that President Barack Obama’s re-election will spur gun sales. Smith & Wesson, a maker of pistols and rifles, jumped 7.8 percent to $10.20 at 11:51 a.m. in New York following an 11 percent gain that was the biggest in intraday trading since Sept. 7. Sturm Ruger & Co. (RGR) rose 5.5 percent to...

Bloomberg Aims to Be Gun-Control Counterweight to NRA

Bloomberg Aims to Be Gun-Control Counterweight to NRA – As independent Michael Bloomberg nears his final year as New York City mayor, the billionaire is laying the groundwork to become a one-man counterweight to one of the nation’s most powerful lobbies: the National Rifle Association. In recent days, Bloomberg has used his massive wealth to wade into five House races in five different states, on behalf of candidates on both sides of the aisle. The common thread: Bloomberg is either backing candidates how are supportive of gun control measures, or trying to oust those who aren’t, in his...

B’klyn bat man: Run, looters!

B’klyn bat man: Run, looters! – Hardened New Yorkers are ready to battle lowlife criminals to protect their homes and stores in storm-ravaged areas plagued by looting and break-ins.  In Coney Island, several residents were loading up their guns, sharpening their machetes and brandishing other deadly...

Queens residents arm themselves in the post-storm blackout from looters

Queens residents arm themselves in the post-storm blackout from looters – When night falls in the Rockaways, the hoods come out.  Ever since Sandy strafed the Queens peninsula and tore up the boardwalk, it’s become an often lawless place where cops are even scarcer than electrical power and food. Locals say they are arming themselves with guns, baseball bats, booby traps — even a bow and arrow — to defend against...

Debate answer on assault weapons ban could cause problems for Obama

Debate answer on assault weapons ban could cause problems for Obama – President Obama may have been tossing a bone to his base, but one answer in the second presidential debate could come back to haunt him with a key voter group — gun owners. When asked what the administration has done or plans to do to limit assault weapons at the Oct. 16 debate, Obama said part of the solution to gun violence “is seeing if we can get an assault weapons ban reintroduced.” That comment caught fire with gun...
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