Own a gun or go to jail?
South Dakota politicians introduce tongue-in-cheek legislation saying residents would have to buy firearms by mid-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."
Post continues after video:
It's unclear how far state lawmakers are going to push the bill to make their case. But South Dakota residents are slamming the idea in the Argus Leader's comment board. "I am thankful that one of my legislators isn't on this list of sponsors, all of whom qualify for 'Idiot of the Week' with this moronic measure," one reader wrote.
Setting aside the intended seriousness (or lack thereof) of this bill, I'm not sure this is the best way to prove the point. South Dakota has also made auto insurance mandatory. Wouldn't a more relevant statement be to lift the auto insurance requirement?
By the way, here's the full text of the bill:
FOR AN ACT ENTITLED, An Act to provide for an individual mandate to adult citizens to provide for the self defense of themselves and others.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. Not later than January 1, 2012, each citizen residing in the state of South Dakota who has attained the age of twenty-one years shall purchase or otherwise acquire a firearm suitable to their temperament, physical capacity, and personal preference sufficient to provide for their ordinary self-defense.
Section 2. After January 1, 2012, each citizen residing in the state of South Dakota shall comply with the provisions of this Act within six months of attaining the age of twenty-one years.
Section 3. The provisions of this Act do not apply to any person who is disqualified from possessing a firearm pursuant to §§ 22-14-15, 22-14-15.1, or 22-14-15.2.
This was a very clever idea on the part of these lawmakers. I think it's great that they're illustrating how completely ridiculous the individual mandate of Obamacare is.
Of course the liberals will be quick to bash these lawmakers and downplay their statement. Liberals tend to not like having the lunacy of their ideas made obvious. They prefer to bury any dissent or free thought that disagrees with their dogmatic ideology.
There was a time (when we were protected be militias) when every able-bodied man was required be law to keep arms in his home. America had just been in a war for our independence--a war against our former government. The second amendment to the constitution was added to the constitution to ensure that the American people would have the means to defend themselves in the event that our new government ever got too big for its' britches. The militia was our last line of defense against tyranny. Some would have you believe that it has something to do with hunting and that a single-shot small caliber rifle should be all we should be allowed. The second amendment refers to the weapons of war--whatever we may need to keep this country free--free from tyranny and oppression. Now, we have people clamoring for more government control of our right to bear arms--which the govenment is only too happy to do. Be carefull what you ask for. You just might get it.
Some of you don't get it. It's not about gun ownership although that was a brilliant move to draw correlation. Maybe all the idiots supporting this health care law and its unconstitutional mandate forcing me to buy insurance against my will to help pay for the millions of new "insured" that can't affort to pay it themselves will be able to draw the correlation between forced gun ownership and forced medical insurance ownership.
And I will get this out of the way now. Blah blah, forced car insurance, blah blah blah. Two things to note. One, I'm not forced to buy car insurance against my will. If I don't own car insurance, they won't punish me on my taxes (well, they got to get that money for health care coverage somehow, steal it one way or another). "But, but, how will you drive. Your breaking the law!!" Not really. I can walk, bike, car pool, call a cab, etc. Which leads to my second point. Some of you need to learn the damn difference between rights and priviledges. Owning a car and driving it is a priviledge, not a right. A priviledge I pay alot of money for. So you can stop with the tired car insurance arguement.
It is a myth that guns will stop violence, over 80% of gun owners that have been victims of gun violence have had their own guns used against them. 10% percent of gun owners have family member accidently shoot themselves or friends because of improper safety.
This is the biggest crock of s*** I have ever heard from one of you anti gun idiots. I would like to know where you got this farce of stats. I know at least 500 gun owners and only know of 2 accidents. Just in case you cant handle basic math, that is .04% NOT 10%. As for your other stupid stat, it might be .O8 % IF THAT MUCH. I would like to see the criminal that thinks he can take my gun away and use it on me. IT WON"T HAPPEN. He will have some 40 cal lead poisoning first. This might happen to someone who doesn't khow how to fire their gun and tries to use it as a club or gets so scared they can't find the safety. It is brainless idiots like you that are a large part of the problem with gun laws.
This works in Switzerland. Every residence must have a registered firearm. They have one of the lowest home invasion and burglary rates in the civilized world.
Yes. Go South Dakota!
No. The healthcare bill is not like car insurance. You see, driving is a privilege, not a right. It is assigned to drivers by the State in which the car is registered. So, what would my professor of Logic and Modern Rhetoric have to say on the subject?
One person asked, "States require one to buy auto insurance, so what's the difference in requiring the purchase of a firearm?" He's in error. One is not compelled to purchase auto insurance if one doesn't drive on the public roads.
Folks who don't own cars don't have to purchase auto insurance. Nor do those who drive motor vehicles only on their own property. For example, ranchers whose vehicles never leave their own property aren't compelled to buy insurance to drive their vehicles.
That said, I think it's a great idea that everyone own a gun, it'll knock down the crime rate and save taxpayers money from paying for unnecessary police
Yes, I own a gun regardless I don't live in S. Dakota.
Requiring auto insurance, more precisely providing proof of financial responsibility, as a condition of exercising the privilege of operating a motor vehicle on public roads is a STATE requirement, not a FEDERAL requirement. Moreover, as far as I know, the financial responsibility only extends to liability for damage or injury to the other party in an accident.
You are not obligated to operate a motor vehicle on public roads. However, if you do CHOOSE to operate a motor vehicle on a particular state's public roads, that state can impose certain requirements, including licensing the operator and requiring that the operator demonstrate that he/she can pay for damage or injury to others if he/she is involved in a collision while operating that motor vehicle. The federal government's sole involvement in this process is to require that each state honor each other state's operator licensing and financial responsibility requirements, so that you don't have to have a different operator's license and proof of financial responsibility for every state in which you travel.
As for the South Dakota legislation, if you are taking it completely at face value you are missing the point. It isn't about having every South Dakota resident armed, it's about pointing out the absurdity of a government, state or federal, mandating that a citizen be REQUIRED TO PURCHASE SOMETHING AS A CONDITION OF BEING A CITIZEN!
My US$0.02. YMMV.
might not be a bad idea IF the proper background checks are made in EVERY case.
take a look at the crime stats in kennesaw, ga. where gun ownership is mandatory for everyone over the age of 21. crime stats dropped almost to zero. not to say that concealed carry permits should be given haphazardly, but if the bad guys know there is a firearm in the house they would most likely look elsewhere.
just look at the stats, they speak for themselves.
Will they say the state cannot force every citizen to buy a product? (Note: Auto Insurance is not required of every citizen.)
The Federal Judge yesterday laid out that exact point. If Obamascare can force you to buy a product, then where is the limit to what Gov't could force you to buy?
The best part is that they did not include a severability clause in the healthscare law. So now that part of it is Unconstitutional, the whole thing is invalid.
Even if they had made it clear that all the parts are independent, you can't make it work without the individual mandate.
But if you think it's such a great idea, let's expand it to home and auto insurance. Then you won't have to get it until after you have a fire or a wreck. That would work, Right?
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The company has made at least 4 acquisitions in the space, and few people have paid any attention.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.