Despite making as much political hay as possible, a number of Democratic lawmakers and liberal institutions own stock in gun manufacturers, and presumably make a tidy profit, as reported by Awr Hawkins of Breitbart.com on Jan. 22, 2013.
Minnesota Senator Amy Klobuchar has voice approval of the media deigned "assault weapons ban," yet she earns income from her husband's $50,000 investment in the Vanguard Small Cap Growth Index fund that included 219,918 shares worth of Ruger Firearms as of Jan. 18, 2013..
Senator Clair McCaskill (D-MO) owns approximately $100,000 in the iShare Russell 2000 Growth Index. That particular fund held 254,290 shares of stock in Ruger Firearms as of Jan. 18, as well as shares in Smith & Wesson Firearms.
$100,000 worth of the iShares S&P Small Cap 600 Growth Index, which just happens to be "the 16th largest holder" of Ruger Firearms stock as of mid-January, is proudly owned by Iowa's über-liberal Senator Tom Harkin.
Not Just In The Senate...
Ironically, two cities that are consistently in the top ten Murder Capitals of America, Rahm Emanuel's Chicago and Michael Bloomberg's New York City pension plans are heavily invested in gun companies.
Ever worried about the welfare of the children, the Chicago's teachers' retirement fund has about $12 million partially invested in the very same company that owns Bushmaster firearms, the maker of the AR-15 that was supposedly used at the Sandy Hook shooting.
Reportedly, the retirement fund also include shares of both Ruger Firearms and Smith & Wesson.
Obama - The Gun Industries Best Friend...
As Breitbart.com's Hawkins correctly points out:
"Investing in gun companies makes sense for these Democrats if they want to make money: since Obama's election to the presidency in 2008, the value of a share of Ruger Firearms alone has gone from approximately five dollars to fifty-two dollars in Jan. 2013."
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