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<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Five lawmakers in South Dakota are pushing legislation that would require adults in the state to buy a gun starting in 2012.
This is great news for gun makers like Smith & Wesson (SWHC) and Sturm Ruger (RGR), both of which have seen shares fall since early December. The bill doesn't say what kind of gun people would be required to buy. It suggests only that residents look for something "suitable to their temperament, physical capacity, and personal preference."
There's no chance of this proposal actually becoming law. And the politicians who introduced the bill know it. But they're trying to make a point by comparing the bill to . . . federal health care reform?
"Do I or the other cosponsors believe that the State of South Dakota can require citizens to buy firearms? Of course not," one of the bill's sponsors, a Republican from Sioux Falls, told the Argus Leader. "But at the same time, we do not believe the federal government can order every citizen to buy health insurance."</div></div>
Wouldn't it be nice though? or would it!
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Five lawmakers in South Dakota are pushing legislation that would require adults in the state to buy a gun starting in 2012.
This is great news for gun makers like Smith & Wesson (SWHC) and Sturm Ruger (RGR), both of which have seen shares fall since early December. The bill doesn't say what kind of gun people would be required to buy. It suggests only that residents look for something "suitable to their temperament, physical capacity, and personal preference."
There's no chance of this proposal actually becoming law. And the politicians who introduced the bill know it. But they're trying to make a point by comparing the bill to . . . federal health care reform?
"Do I or the other cosponsors believe that the State of South Dakota can require citizens to buy firearms? Of course not," one of the bill's sponsors, a Republican from Sioux Falls, told the Argus Leader. "But at the same time, we do not believe the federal government can order every citizen to buy health insurance."</div></div>
Wouldn't it be nice though? or would it!