Obama Boosts The Agorist Gun Market

And so beings yet another period of standard capacity magazines becoming as rare as credibility in politicians. Obama has issued a series of arbitrary decrees that are likely to bolster the agorist gun market:

President Barack Obama directed federal agencies Monday to carry out a series of steps to reduce gun violence, including measures to restrict sales by unlicensed dealers — sometimes called the gun show loophole.

Regulators from the federal Bureau of Alcohol, Tobacco, Firearms and Explosives will clarify that anyone engaged in the business of selling firearms must get a federal firearms dealers license and check the backgrounds of all buyers.

You have to appreciate a governmental system with so many checks and balances that one man can arbitrarily rewrite the rules. More importantly, the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) has become much stingier about who they will issue Federal Firearm Licenses (FFL) to. If you are somebody who sells a gun every couple of years it’s unlikely the ATF will issue you an FFL and therefore your act of selling is now criminal. Don’t let that get you down though, operating in the black market is far more rewarding than operating in the white market. Not only do you get to keep all of your money since you don’t have to declare the income but your customers don’t have to deal with the hassle of filling out a Form 4473 and submitting to an instant background check. Agorist gun deals and buyers win whenever additional burden is placed on commerce.

“The goal is keeping bad actors away from firearms,” said Attorney General Loretta Lynch.

So these rules are going to keep guns out of the hands of police officers and other government agents?

ATF will also notify firearms dealers that they must file a report when guns from their inventory are lost or stolen, including those in transit. A White House statement said an average of 1,333 guns recovered from crime scenes in each of the past five years were traced back to dealers who never received them.

Another burden and another win for the agorist gun market. Who wants to make themselves a target by filling for an FFL when it carries ridiculous requirements such as constantly informing the government of the status of their inventory? It’s far better to not officially be in the business of selling guns so the ATF won’t decide to perform “random” inspections on their place of business because it suspects they haven’t been properly keeping the State informed about their inventory.

White House officials said the administration would seek funding from Congress to allow ATF to hire 200 new agents and investigators to enforce gun laws.

Excellent! There wasn’t enough agents arming Mexican drug cartels already. This should give the agency more staff so they can arm their cartel partners even faster.

There you have it, Obama is working hard to make the black market an attractive alternative to his white market. You have to appreciate a man who makes business for you at the expense of his own.