As far as I'm concerned, they went out of business in March 2000
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I agree, and it pains me, as I love their products. I'll buy any pre-2k Smith, but not now.
Lets just put another american manufactuer out of business ourselves.
If they go out of business, someone will take their place, like, I don't know, SIG, Kahr, Kel Tec, or any other manufacturer that makes guns here in the U.S. That is capitalism at its best. The old, moribund, non-competitive, or objectionable dies; someone new steps up to take their place. Smith sucks, I'll give my cash to someone who wants it.
BTW, if you were to do a little research you would find that Bill Ruger was against concealed carry weapons and did not feel that people had a right to use handguns for personal defense.
Colt all but dropped the civilian firearms market.
So what if Bill Ruger was against CCWs. Did he side with the political enemy and become a leader in the fight against our rights? Did he give the opponents of ownership legal, intellectual, and moral ammunition to use against us? The answer is no. Whatever his personal beliefs, he didn't try to join with the political enemy.
As for Colt, again, so what? That is a strategic business decision. That's like saying TFL is going to get rid of the miscellanious non-firearm related forums. That's a business decision that has little to do with politics.
Blindly sticking with Smith and Wesson is like a form of Battered Wife syndrome. It makes no sense, If I leave, they won't be there. Let the market decide. I choose not to purchase new Smith and Wesson products now.