The lamestream media told you:
Recession raised its ugly head again, and global economy faces disaster, as oil hit a record high, unemployment rose, food prices are skyrocketing and the stock market dipped against a backdrop of a weak dollar, home foreclosures, growth in China and global warming.
The Uninvited Ombudsman notes however that:
Defying incessant gloomy reports proliferating from “news” outlets, and curiously missing from lamestream financial “news,” overall firearm sales increased by nearly 11% in the last quarter of 2007. Retail sales were up over 10% in May 2008.
Reported by the National Shooting Sports Foundation, growth was led by a 23.6 percent increase in ammunition sales, a 5.9 percent rise in handgun sales and a 4 percent increase in long gun sales, according to statistics from the latest federal excise tax collection report.
The Pittman-Robertson excise taxes provide precise business measurements, and are earmarked solely for state wildlife conservation and habitat restoration programs. This makes gun-and-ammo sales one of the leading conservation forces in the nation, unreported by lamestream outlets for reasons that remain unclear.
During the quarter, $74.8 million was generated for conservation, compared to $67.4 million in the same period in 2006. From October through December, $16.2 million was collected for pistols and revolvers, $31.4 million for long guns and $27.1 million for ammunition. The latest tax collections suggest overall sales of $694.4 million, not including markups for final retail sales. For the entire calendar year, a total of $303.2 million was collected in excise taxes, up 21.2 percent from the $250.1 million in 2006. There are no current plans to end the taxes, and allow the businesses that generate the money to keep it.
In other news, also covered by NSSF but overlooked somehow by the networks and all other routine “news” outlets, the FBI’s NICS background checks show 886,183 checks were made in May, a 10.3 percent increase from 803,051 reported in May 2007. Adjusted state figures show checks up 8.8 percent during the month. Year-to-date figures show a total of 4,831,693 background checks reported by NICS, on track to reach 10 million for 2008. http://www.nssf.org/share/images/BP061608_NICS.jpg
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