I assume these annoucements were promulgated by the news that S&W has capitulated to Klintons demands for trigger locks and product marketing practices, all of which is meaningless hogwash. The real issues are our attitude about Smith & Wesson doing what they perceive necessary to stay in business.
There is this pervasive attitude that Smith & Wesson owes the gunowners of this country something. I put this in the same category as people thinking that their employer owes them a job, or worse yet, thinking that the government owes them something. Once you consider that someone, some company, or the government owes your something, then you become dependent on them. The only thing Smith & Wesson owes me is a superior product and their responsibility to stand behind their product.
As distasteful as Smith & Wesson's agreement with Klinton is to me, the real issue is whether or not it is reasonable to expect the company to lose money by fighting government extortion through litigation.
In a free market economy all businesses and industries must focus on the bottom line. Profits and return to capital are those bottom line figures that determine if they will continue in business. The high cost of litigation will severely impact the bottom line and the company's stock prices which in turn makes it difficult to maintain profitability and raise operating capital.
The altruistic view that any of these gun companies can afford to really care about our Second Amendment rights is very naive. They are looking out for their business interest and if the gun business is no longer profitable they will simply produce other products. Many of these gun companies are already diversified so it will be relatively simple just to make that "cold business decision" to pursue more profitable product lines.
In the long term, market forces will prevail as many of these gun companies leave the market and those that remain will charge higher prices for their products. Eventually the gun market will find its equilibrium, when the forces of supply and demand determine a new price structure beyond the reach of the average citizen.
It is time to wake up to the fact that we are reaching the end of the era of affordable guns. Buy what you want now and hold on to your best guns as you will not be able to afford to replace them. While S&W has produced a few lemons over the years, their current product line has much to offer, especially in their revolver lines. Their values will increase dramatically overtime, so I will be adding more S&Ws to my collection.
The current litigation and legislative environment will make it virtually impossible for the average citizen to buy a gun. The wealthy, politically elite class will have total power over their subjects, and that will be us!
[This message has been edited by AUTiger73 (edited March 17, 2000).]