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"...the company
continues to suffer from [former CEO Ed Shultz'] decision to try to appease the
Clinton-Gore team..." |
British-owned Smith & Wesson (S&W), one of the oldest gun makers
in America, is facing increasingly difficult financial times. On
Thursday, S&W announced that it would be forced to lay off
approximately 15% of its employees, including some in management
positions.
The company said that it is suffering, in part,
because of a boycott of S&W products. S&W, of course, is the only
gun maker to surrender to the anti-gun extremists in the
Clinton-Gore Administration.
Faced with the threat of reckless
lawsuits designed to bankrupt the firearms industry, most gun
makers chose to stand their ground, and present a united defense
of their lawful industry. S&W, however, signed on to what many in
the pro-Second Amendment community refer to as the "S&W Sellout"
(see Special FAX Alert, 3/20/00) - a capitulation to the
Clinton-Gore Administration featuring then-S&W CEO Ed Shultz as
one of its primary architects. Shultz is no longer with S&W (see
FAX Alert, Vol. 7, No. 41), but it seems that
the company
continues to suffer from his decision to try to appease the
Clinton-Gore team.
Ken Jorgensen |
S&W spokesman Ken Jorgensen stated that the
company was still required to follow the terms of the "S&W
Sellout," but there is still disagreement between the parties
involved as to what the agreement actually means. According to an
October 19 AP story, Jorgensen said that S&W would work with
government officials to "spell out some ‘clarifications' in the
accord," although he did not go into any details. "Hopefully," he
added, "that will be positive for everyone."
NRA-ILA Deputy
Executive Director Patrick O'Malley told AP, "I would urge Smith
& Wesson to revisit ALL terms of this agreement."
It is truly
unfortunate that many S&W employees are suffering financial
hardship because their bosses tried to appease a gun-hating
administration. Now that Shultz is no longer with the company,
perhaps S&W will reassess its decision to collaborate with the
most anti-gun administration this country has ever known.
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