Source: SHTFplan.comMac Slavo
Reports that a mysterious company has been buying up U.S. gun
manufacturers have been popping up on the internet for several months.
When we first learned of the possibility that a single company was
rapidly acquiring companies like Bushmaster, Remington, and Marlin
Firearms we immediately suspected that something was amiss. Apparently,
we were not alone, because others were thinking the same thing.
One rumor that popped up was that global financier George Soros,
historically an anti-gun advocate, was behind the moves, and that he was
positioning the gun industry to reduce pro-gun lobbying efforts. This
prompted the National Rifle Association to step in to assure American
gun owners that this wasn’t a behind the scenes coup. “The owners and
investors involved are strong supporters of the Second Amendment and are
avid hunters and shooters,” the NRA said in a statement.
While Soros may not be involved, the New York Times identified the
company making the acquisitions as an obscure organization known as The Freedom Group, which is managed by multi-billion dollar investment firm Cerberus Capital Management:
In recent years, many top-selling brands – including the 195-year-old Remington Arms, as well as Bushmaster Firearms and DPMS, leading makers of military-style semiautomatics – have quietly passed into the hands of a single private company. It is called the Freedom Group – and it is the most powerful and mysterious force in the U.S. commercial gun industry today.
Never heard of it?
You’re not alone. Even within gun circles, the Freedom Group is something of an enigma. Its rise has been so swift that it has become the subject of wild speculation and grassy-knoll conspiracy theories. In the realm of consumer rifles and shotguns – long guns, in the trade – it is unrivaled in its size and reach. By its own count, the Freedom Group sold 1.2 million long guns and 2.6 billion rounds of ammunition in the 12 months ended March 2010, the most recent year for which figures are publicly available.