While it comes as no surprise that there are financial repercussions tied to Presidential politics, the “resistance” of the radical left has taken their analysis a bit far recently.
In what is surely a sad day for American firearm enthusiasts everywhere, historic and storied manufacturer Remington is set to file for bankruptcy in the immediate future. The company, which is two hundred years old, has recently experienced a slump that they seemingly cannot climb out of, and the liberal media can’t seem to contain their giddiness.
Even worse, the “resistance” rats have gotten their filthy paws on the story and gone for a run, now claiming that President Donald Trump may be to blame.
“Where’s Hillary Clinton when the gun industry needs her? The Democrat’s election loss to Donald Trump was cheered by the National Rifle Association and other gun lobbyists, given the current U.S. president’s commitment to allowing unfettered access to firearms.
“However, with customers less concerned that their ability to accumulate guns might be cut off, retailers that had built up inventory anticipating a Clinton presidency found themselves with lots of unsold guns on their hands.
“Gunmakers including Remington Outdoor took a hit, and the Madison, North Carolina-based company on Monday said in a statement that it intends to file for Chapter 11 bankruptcy protection after reaching an accord with lenders that grants them ownership of the 200-year-old company.”
Remington has also come under undue criticism in recent years as a named party in lawsuits surrounding the incident in Newtown, Connecticut some years ago, where a deranged young man entered an elementary school and, using a number of firearms, committed an atrocity unlike we had ever seen before.
The left inexcusably pounced on this story as another example of their need for total gun control, and Remington found themselves in the legal crosshairs after the incident. The optics of these lawsuits were not good for the historic company, whose demise has likely less to do with Donald Trump and everything to do with the nonstop barrage of attacks being levied at them from the liberal end of American politics.