Thursday, May 07, 2009

Gov't Attempting to Seize Smith & Wesson

Gov't Attempting to Seize Smith & Wesson
"a clause in the 2009 Stimulus Bill calls for the federal government to seize industries and companies that are essential to the economy or 'government function.'

The Treasury Department contacted the company in March 2009, asking to buy shares at $10 above market price. However, this offer was sharply rebuffed.

Similar offers have been made to Remington."

This government is out of control!

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