As Cabela's Inc. [CAB +0.45%] prepares the selection of guns it will sell for the holiday season and winter hunting, the outdoor-gear retailer has two plans: one if President Barack Obama is re-elected, and one if he isn't.
The Sidney, Neb.-based retailer and other companies in the guns-and-ammo business say if Mr. Obama wins a second term they are preparing for a surge in sales—the same as they saw after he was elected in 2008—from buyers fearful the president would back policies to make buying a gun more difficult. If Republican challenger Mitt Romney wins, though, the chain plans to stock more items such as waterproof boots and camouflage hunting gear.
"If Mitt Romney is elected and there's no perceived threat on the freedom to own guns, people might decide to spend disposable income on things like outerwear instead," said Joe Arterburn, a Cabela's spokesman.
Even though there haven't been any substantial changes to gun-control laws under Mr. Obama, Cabela's, Bass Pro Shops, Smith & Wesson Holding Corp. [SWHC -2.41%] and Olin Corp., [OLN +0.52%] the maker of Winchester bullets, are anticipating another bump in sales this winter if President Obama is re-elected.
Interesting. I could make a joke about the waterproof boots, but I wonder what other industries might be affected by the election? Maybe the Osmonds can get a new TV show if Romney wins? lol
Hey, if the Second Amendment extremists want to swallow the fear-mongering of the arms-makers and ammunition companies and get them to go out and buy millions of dollars worth of unnecessary merchandise, I'm all for it. The more money they spend on their silliness, the happier it makes me.
As Rick Santorum said, "'Smart People' Will Never Be On Our Side" ... Says it all...
It would be nice if the stock market was a reflection of the economys' health, but sadly it's not.
huh? when the stock market dumps like it did in 2008 and 2010, then all I hear are claims that the economy is dragging the market down.....but should it go up, and it has big time, now it's not reflective of the economy? How can that be????
It would be nice if the stock market was a reflection of the economys' health, but sadly it's not.
huh? when the stock market dumps like it did in 2008 and 2010, then all I hear are claims that the economy is dragging the market down.....but should it go up, and it has big time, now it's not reflective of the economy? How can that be????
The market is going up but Americans have less wealth than before? Maybe most people left stocks?
Thomas Sowell: There are no solutions, just trade-offs.
But, but, but... That's what the TeaPublicans trot out as a "measure of American success"--the market going up.. Well, it's over 13,500 now... The highest point in how many years?... Problem is...it's not "trickling-down"... Well, darn... But then trickle-down hasn't, doesn't and won't....
It would be nice if the stock market was a reflection of the economys' health, but sadly it's not.
huh? when the stock market dumps like it did in 2008 and 2010, then all I hear are claims that the economy is dragging the market down.....but should it go up, and it has big time, now it's not reflective of the economy? How can that be????
There is nowhere else to put money... not in real estate unless you like to gamble big time, and certainly not in the bank that's paying nothing in interest. If the economy was doing good, don't you think Obama and Biden would be touting the "recovery"? The US just got another credit downgrade as well and the FED just printed another 40 billion to water down the dollar some more. This helped to boost the market but it's just a temporary boost.... just watch.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
