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Title: Dick’s Destroyed $5 Mil. Worth of ‘Assault Rifles’ to Keep Them ‘Off the Street’
Source:
From The Trenches/Breitbart
URL Source: https://fromthetrenchesworldreport. ... eep-them-off-the-street/255179
Published: Oct 7, 2019
Author: AWR Hawkins
Post Date: 2019-10-07 20:48:12 by Deckard
Keywords: None
Views: 1764
Comments: 16
Breitbart – by AWR Hawkins Dick’s Sporting Goods CEO Ed Stack told CBS News that his company destroyed $5 million worth of “assault-style rifles” to keep them out of private hands. Dick’s announced a halt to “assault-style rifles” two weeks after the February 14, 2018, Parkland high school shooting. On April 17, 2018, Breitbart News reported that Dick’s was destroying its “assault-style rifle” inventory, rather than returning the firearms to their manufacturers. Fox News quoted a spokesperson from Dick’s saying, “We are in the process of destroying all firearms and accessories that are no longer for sale as a result of our February 28th policy change. We are destroying the firearms in accordance with federal guidelines and regulations.” During his October 6, CBS News appearance, CEO Ed Stack said the company ended up destroying $5 million worth of “assault-style rifles.” Stack also admitted the Dick’s gun control stance has resulted in “a quarter of a billion [dollars]” in loses. But Stack does not regret the gun control stance. Rather, he is considering taking the company even further down the gun control path. As of right now, 100 Dick’s stores no longer sell guns of any kind. Stack is thinking about expanding that policy so that no Dick’s store sells a gun. AWR Hawkins is an award-winning Second Amendment columnist for Breitbart News and the writer/curator of Down Range with AWR Hawkins, a weekly newsletter focused on all things Second Amendment, also for Breitbart News. He is the political analyst for Armed American Radio. Follow him on Twitter: @AWRHawkins. Reach him directly at awrhawkins@breitbart.com. Sign up to get Down Range at breitbart.com/downrange.
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#1. To: Deckard (#0)
They've repeated this endlessly but we have no proof whatsoever that a single gun was actually destroyed. Where is the video, showing guns being destroyed? Where are the piles of gun parts, cut up and made useless? I simply don't believe it. Anyone can make an announcement to the gungrabbing press who will predictably swoon over any announcement of guns being destroyed. I really don't get why Breitbart and other outlets continue to parrot Dick's corporate propaganda. Why not demand to see what was destroyed? Find out exactly how many guns, what types, account for the scrap materials created and the disposal of the gun scrap.
Nor do I. I'm wondering who received them. Could it be Antifa, who this summer claimed that they are now training with weapons? Who do they think they're kidding. I hope their investors raise a stink.
Stack also admitted the Dick’s gun control stance has resulted in “a quarter of a billion [dollars]” in loses [sic]. I don't know - is that a lot for money for this guy? I imagine the shareholders must be particularly peeved and perturbed about the losses, doncha think? So maybe WWG posted a valid question: I'm wondering who received them. Could it be Antifa, who this summer claimed that they are now training with weapons? Dick' is selling the weapons (to antifa) and reporting them destroyed? Sounds CT enough to be true.
Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. You'd think that the shareholders could sue the company for taking a political stance on a legal product and costing the shareholders money. Apparently, the CEO and top managers think they can get away with it but you'd think there would be some angry shareholders to sue. Hmmmm...Dick's was started by a guy named Stack some 70 years ago. In 1984, he was bought out by his kids and his son became CEO. He is still CEO today and has become a billionaire. No mention of how much of it he owns, how much his siblings own, etc. The business has expanded so much and owns other stores like the Field & Streams stores, so much so that it's hard to tell who owns what. So for all practical purposes, Dick's starts to look like a closely held family-owned franchise, like Chik-fil-a or Hobby Lobby. In which case the stockholders, if any, could be ignored as long as the family is on board with what the CEO wants. I had more in mind that Dick's could just sell them off to other companies selling guns. Or it could have them disassembled and sell most of the parts. Just selling the guns would be easiest provided you sold them to someone who signed a contract that says they won't tell that they bought them from Dick's. I just don't see a company destroying legal products when they could sell them to someone, under the table if necessary. All I know is we see all this publicity about how they destroyed these guns and we've never seen so much as a single gun that was destroyed.
That HAS to be a privately-owned company because stockholders would be lynching him by now. I bet his next family reunion is going to be a little frosty,too. I wonder what happened to that guy? Did he recently start dating some 22 year old hottie? Somebody smack him in the pumpkin with a baseball bat? Put LSD in his orange juice?
In the entire history of the world,the only nations that had to build walls to keep their own citizens from leaving were those with leftist governments.
Nope. Didn't happen. If he had done that the people he sold them to would have ratted him out instantly while announcing a sale of "Dicks Guns" at the same time,and made a bundle. Or it could have them disassembled and sell most of the parts. That's actually pretty hard to do,and a financial loser because you have to pay someone to do the disassembly. Easier to sell them in bulk,but then whoever bought them would publicize the fact they bought them. Easiest and cheapest thing to do would be just take them out to sea and dump them in deep water. That's what the US military does. Or at least what they did under Clinton. What I SUSPECT happened is he has them all stored in a warehouse somewhere,so he can sell them later when nobody is watching.
In the entire history of the world,the only nations that had to build walls to keep their own citizens from leaving were those with leftist governments.
And you'd have to pay them to keep quiet, sign an NDA. Or sell them to the cartels south of the border. Ship them all to one warehouse, put them on a truck, hire a driver who doesn't know the contents, have him park it near the border, let the cartels haul 'em across. I'm suspicious because someone like that CEO who is glamming it up, calling for gun control, swearing he's destroying those guns, wouldn't a guy like that maximize his publicity and show video of guns being destroyed, guns reduced to scrap, etc.? He'd already taken a hit with the gun folk so he nothing to lose with them. And his PR from gun control would get him even more points with the anti-gunners if he made a video like that. OTOH, he may have just sold the guns back to his suppliers on the QT, maybe at a discount. I'm not sure how it works for stores like Dick's or Walmart. Do they take ownership of those guns and do the paperwork for a FFL transfer and pay for them? Or do they take them essentially on consignment and only pay the distributor for them when they sell them? It seems to me that there would have to be FFL paperwork for any transfer from a distributor to a store. Unless Dick's was a distributor themselves and just farmed them out to their various stores. Maybe Dick's has a holding company that was set up to do something exactly like that. I keep hoping someone will rat them out. Like someone involved in warehousing or their gun supplier. Someone knows something either about shipping all those guns out or paying someone to destroy them all. There is a story there that we haven't heard. All I know is that I heard a lot of anti-gun talk from Dick's but I haven't seen a single destroyed gun or seen any accounting for the thousands of guns they must have had in all those stores. They had like 800+ stores and 30+ Field & Stream stores. So we're talking about a semi load or more of guns. I don't think Dick's was selling the high-end AR guns; they were stocking the $400-$800 (relative) cheap guns like Palmetto Armory or those cheap Colt AR models (not the LE models or match grade guns in the $2K-$3K range). If that crapweasel actually did destroy those guns, I want to see proof. What, in 2019, nobody has a cellphone with a camera? It's laughable. I did find a followup in an Aussie article published today where Dick's said "We're done". They claimed they destroyed $7.4M (Aussie) in guns. That would be just under $5M US dollars. Assuming an average price of $800, that would be 6,250 scary guns. And yet we have not one photo or video or article showing them destroying so many guns, have no idea where they shipped the guns to destroy them all, etc. You can see why I'm so skeptical.
Nor I. Their gun suppliers don't have a return policy for unsold and unopened merchandise? Even if they had a re-stocking fee, that would be better than destroying any merchandise.
I'm glad I'm not the only one suspicious of those dicks at Dick's. Of course, I still think they got the antigun PR boost and managed to take only a very minimal loss on their stock of guns. Overall, I'm glad to see both Walmart and Dick's out of selling guns. I think both stores should be boycotted as much as possible anyway. China is not uniquely oriented toward selling to Walmart. Other retailers could carry the same goods at virtually the same prices. What, China is going to say that if they can't sell to Walmart, they just won't sell products in America? It's silly. Walmart selling guns is just another way for them to dominate another area of small-town retail sales.
Exactly. Where's the beef? No pics or vids, it didn't happen.
God help the reporters who got between the CEO and the cameras when he was merely announcing that they would destroy these guns. Suddenly, crickets...no video, no pictures (in 2019!) and we're all supposed to admire him from afar for destroying the scary black guns even if there isn't one iota of evidence to indicate that he destroyed even one gun? It really isn't cynical just to ask for proof that he did what he said he would do and what he sought to get credit for merely by announcing it. Gee, if it's that easy to fool people, I should hold a press conference and announce I have found the cure for cancer. Then just do nothingx about it, offer no proof, etc., all while continuing to glom onto every shred of media attention, railing against those scary blacks guns like the ones the family business sold for generations until late last week. No, it is not cynical to demand some proof. Hey, we'll give him credit for doing it but he has to prove he destroyed at least one gun. Not all 6,250 guns (per my earlier estimate) but just one gun from his archive, utterly destroyed. And we don't even have that even though he seems to be claiming that he destroyed 5,000+ guns. But, not one picture was taken. Even a child would ask questions about whether he really destroyed the guns. Another thing he didn't do was tell us exactly how he was going to be destroying these guns. Was he cutting them with hacksaws or torches or knives or muskets? There were supposedly about a dozen gun models that made up most of Dick's stock and yet the CEO told us nothing about how they would go about systematically destroying any of those models of popular guns. The episode has made me a little curious though. Since the guns were purchased from the companies for resale, Dick's would have had to own the guns before it destroyed them. And we do track weapons transfers and such. So there should have been some sort of accounting to BATFE, detailing how many guns, what caliber, the engraved serial numbers which are used to trace guns if stolen or lost or used in a crime. Yet we have no such indications, no list, nada.
On the stock exchange as DKS.
Yes,I can. They already took a bad hit from the pro-gun lobby,so why not seek out the support of the anti-gun crowd?
In the entire history of the world,the only nations that had to build walls to keep their own citizens from leaving were those with leftist governments.
Their next board meeting should be interesting.
In the entire history of the world,the only nations that had to build walls to keep their own citizens from leaving were those with leftist governments.
Destroying easily-marketable inventory is OK with shareholders, assuming he's not just a lying sack of shit (which would be a violation of SEC regs)?
It started out as a family corporation and has grown very large over decades. I suspect that family members and execs still hold a majority of the stock or we'd hear of a stockholder revolt against destroying legal merchandise at a complete loss.
Dick’s Sporting Goods CEO Ed Stack told CBS News that his company destroyed $5 million worth of “assault-style rifles” to keep them out of private hands.
#2. To: Tooconservative (#1)
#3. To: Tooconservative, WWG1WWA (#1)
I simply don't believe it. Anyone can make an announcement to the gungrabbing press who will predictably swoon over any announcement of guns being destroyed.
The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.
#4. To: Deckard, WWG1WWA (#3)
I don't know - is that a lot for money for this guy? I imagine the shareholders must be particularly peeved and perturbed about the losses, doncha think?
So maybe WWG posted a valid question: I'm wondering who received them. Could it be Antifa, who this summer claimed that they are now training with weapons?
#5. To: Deckard (#0)
#6. To: Tooconservative (#4)
I had more in mind that Dick's could just sell them off to other companies selling guns.
#7. To: sneakypete (#6)
That's actually pretty hard to do,and a financial loser because you have to pay someone to do the disassembly. Easier to sell them in bulk,but then whoever bought them would publicize the fact they bought them.
Easiest and cheapest thing to do would be just take them out to sea and dump them in deep water.
#8. To: Tooconservative (#1)
I simply don't believe it.
#9. To: misterwhite (#8)
#10. To: Tooconservative (#7)
wouldn't a guy like that maximize his publicity and show video of guns being destroyed
#11. To: WWG1WWA (#10)
(Edited)
#12. To: sneakypete (#5)
That HAS to be a privately-owned company because stockholders would be lynching him by now.
#13. To: Tooconservative (#7)
You can see why I'm so skeptical.
#14. To: WWG1WWA (#12)
On the stock exchange as DKS.
#15. To: Deckard (#0)
Are there any shareholders left?
#16. To: Hank Rearden (#15)
Are there any shareholders left?
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