Freedom group, is it a threat ????

DoctorWho

My FFL told Me a concern called Freedom group, is buying up gun companies, he claimed George Sorros is the money behind it, however that can't be proved according to various Internet groups.

Anybody know anything about this ??

blueslide88

DoctorWho wrote: »

My FFL told Me a concern called Freedom group, is buying up gun companies, he claimed George Sorros is the money behind it, however that can't be proved according to various Internet groups.

Anybody know anything about this ??

It's not true, just one of those internet whoppers that circulate mysteriously. Here's a full report from FactCheck.org which exposes the total falsehoods from this report:

http://www.factcheck.org/2011/10/george-soros-gun-grab/

Snopes agrees. Thanks, DoctorWho, for bringing this to our attention.

DoctorWho

"It’s true, however, that Cerberus Capital Management owns Freedom Group, a leading company in the manufacturing and marketing of guns and ammunition. And it’s also true that in recent years Freedom Group has acquired many of the firearms and ammunition manufacturing companies mentioned in the email, including Bushmaster Firearms (in April 2006), Remington (in May 2007) and Marlin (in January 2008). But that’s about all the author of this latest viral message gets right."

So firearms companies are being bought up by a concern.......

breamfisher

Welcome to 2007.

DoctorWho

I did not hear of it until Friday, and I do not recall anyone here mentioning it....

"Welcome to 2007."

Did you know of this ??

breamfisher

Yeah, it's been going around since... wait for it... 2007. It's been discussed a few times on this forum. The Soros angle is new, though. But yeah, it's been discussed a few times.

Jayhawker

DoctorWho wrote: »

Did you know of this ??

Yep! More internet nonsense updated and made worse by connecting George Soros with it...
It would be worthwhile undertaking to clue your FFL to the facts so he stops passing on erroneous BS...

The Remington R15 has been made by Bushmaster since it's inception, their .30 cal AR is made by DPMS..

samzhere

Thanks, guys, for setting the record straight. I'd been emailed about the "buyout" by Soros and really didn't spend much time over it, but it's good to know the story is internet bunk.

Nevertheless, it's also good that people are alert to problems that may be lurking. A tip of the cap to you, Doc.

Big Battery

What should also be understood is that buying all the current gun makers witg the sole goal of closing them would not work because new gun makers would spring up to fill the vacuum.

Buford

DoctorWho wrote: »

I did not hear of it until Friday, and I do not recall anyone here mentioning it....

"Welcome to 2007."

Did you know of this ??

Yes this has been posted several times.

Sent from my Desire HD using Tapatalk

conchokid

There is no connection between George Soros and Cerebrus Capital Management. I think this all started when someone confused Soros with Cerberus.
By the way, Freedom Group announced a few weeks ago it was buying Para USA, formerly Para-Ordnance.

conchokid

In Greek mythology Cerebrus was the offspring of Echidna, a hybrid half-woman and half-serpent, and Typhon, a fire-breathing giant whom even the Olympian gods feared. Cerberus was said to have three heads, each one having an appetite only for live meat.

So Cerebrus sounds like a good name for a conglomerate that gobbles up other companies.

DoctorWho

Do you think this is a good thing ???
I have My doubts.....

Airedale

Sounds like Romney's ex employer.