Remington Files for Bankruptcy Amid Nationwide Unrest, Surge in Gun Purchases

Remington Arms Co. filed for bankruptcy amid nationwide unrest and surging gun sales.

The firearm company filed for chapter 11 protection, or reorganization bankruptcy, for the second time since 2018, The Wall Street Journal reported Monday. Remington has been in business for over 200 years, according to its webpage.

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Background Checks, a Metric for Gun Sales, Hit All-Time High

Historic numbers of background checks to purchase or possess a firearm were done in June, a trend in a year marked by uncertainty over the coronavirus pandemic, a subsequent economic recession, protests over racial injustice and calls to reduce police funding.

FBI numbers released Wednesday show that 3.9 million background checks were conducted last month, the most since the system was created in November 1998 to ensure felons and other prohibited people could not buy or possess a firearm. The previous monthly record came in March, when 3.7 million checks were done. Each week in June is now in the top 10 weeks for background checks.

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Commentary: Joe Biden Is Full of It, He Is Coming for Your Guns

Former Vice President Joe Biden used a profane expression to deny that he is against the Second Amendment when pressed by a Michigan voter on the issue. He told the worker he would confiscate his guns: “we’ll take your AR-14s away.” He meant AR-15, which if you own one or other legal to own semi-automatic firearms on the ban list, Biden is in fact coming for your guns.

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Commentary: Bloomberg Isn’t a ‘Moderate’ on Abortion, Religious Liberty and Guns

As soon as former New York Mayor Michael Bloomberg entered the race for President as a “moderate” Democrat he began to abandon any pretense of being a moderate, even going so far as to disavow his one apparent success; continuing his predecessor Rudy Giuliani’s stop and frisk crime prevention program.

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Commentary: Guns Prevent Thousands of Crimes Every Day, Research Shows

It never fails. A split-second after a mass shooting occurs, grandstanders and ideologues issue statements demanding new gun controls—even if the laws already on the books failed or the laws they want would have made no difference. Case in point: the tragic incidents in Dayton, Ohio, and El Paso, Texas, in early August 2019.

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