Fact Sheet from whitehouse.gov on tomorrow's actions..

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cktad

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The EO really didn't change this as the law has always been vague. You can't do private sales as a business or for profit. What that can mean is like the last panic, buying an AR at WalMart for $700 and selling it the next day at the gunshow for $1400. They didn't even prosecute that. It's like the C&R FFL you can dispose of guns from your collection but you can't buy and sell, doing it routinely for profit and as a business to supplement your income.
 
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I think this one is going to ruffle some feathers.

"Require background checks for people trying to buy some of the most dangerous weapons and other items through a trust or corporation. The National Firearms Act imposes restrictions on sales of some of the most dangerous weapons, such as machine guns and sawed-off shotguns. But because of outdated regulations, individuals have been able to avoid the background check requirement by applying to acquire these firearms and other items through trusts, corporations, and other legal entities. In fact, the number of these applications has increased significantly over the years—from fewer than 900 applications in the year 2000 to more than 90,000 applications in 2014. ATF is finalizing a rule that makes clear that people will no longer be able to avoid background checks by buying NFA guns and other items through a trust or corporation."
 

KOPBET

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I think this one is going to ruffle some feathers.

"Require background checks for people trying to buy some of the most dangerous weapons and other items through a trust or corporation. The National Firearms Act imposes restrictions on sales of some of the most dangerous weapons, such as machine guns and sawed-off shotguns. But because of outdated regulations, individuals have been able to avoid the background check requirement by applying to acquire these firearms and other items through trusts, corporations, and other legal entities. In fact, the number of these applications has increased significantly over the years-from fewer than 900 applications in the year 2000 to more than 90,000 applications in 2014. ATF is finalizing a rule that makes clear that people will no longer be able to avoid background checks by buying NFA guns and other items through a trust or corporation."

So I spent 6 months waiting on stamps and never got a background check? Damn, I feel cheated.
 

tRidiot

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Problem with trusts I can see is adding folks on. And when you submit for an NFA item, every person on your trust is going to have to have a check run on them... going to significantly add to the workload - and the fargin' wait time.
 

ASP785

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I think this one is going to ruffle some feathers.

"Require background checks for people trying to buy some of the most dangerous weapons and other items through a trust or corporation. The National Firearms Act imposes restrictions on sales of some of the most dangerous weapons, such as machine guns and sawed-off shotguns. But because of outdated regulations, individuals have been able to avoid the background check requirement by applying to acquire these firearms and other items through trusts, corporations, and other legal entities. In fact, the number of these applications has increased significantly over the years-from fewer than 900 applications in the year 2000 to more than 90,000 applications in 2014. ATF is finalizing a rule that makes clear that people will no longer be able to avoid background checks by buying NFA guns and other items through a trust or corporation."

All NFA items I own are held in a trust. All of those items also required a 4473, as I was taking possession on behalf of the trust. What loophole are they closing here? The trust only circumvents the local LEO signoff. If you can't legally own a firearm or device...the trust doesn't magically make possession legal.

Someone smarter than me tell me what I am missing.
 
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All NFA items I own are held in a trust. All of those items also required a 4473, as I was taking possession on behalf of the trust. What loophole are they closing here? The trust only circumvents the local LEO signoff. If you can't legally own a firearm or device...the trust doesn't magically make possession legal.

Someone smarter than me tell me what I am missing.

The part where Obama is lying which is anytime his lips are moving and sounds come from his mouth. Your mistake is that you are actually listening to what he's saying when you need to be looking at what he intends to do. Case in point:

"The problem is some gun sellers have been operating under a different set of rules," he said Jan. 5. "A violent felon can buy the exact same weapon over the Internet with no background check, no questions asked."

This quote is a bald faced lie. So with that in mind, what do you think his intentions are?
 

mr ed

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The part where Obama is lying which is anytime his lips are moving and sounds come from his mouth. Your mistake is that you are actually listening to what he's saying when you need to be looking at what he intends to do. Case in point:

"The problem is some gun sellers have been operating under a different set of rules," he said Jan. 5. "A violent felon can buy the exact same weapon over the Internet with no background check, no questions asked."

This quote is a bald faced lie. So with that in mind, what do you think his intentions are?

Its called Armslist. there's a lot of people on there that will sell to anybody anywhere for cash. All you have to do is look for the one's with crazy prices and ask.

If memory serves me correctly, in either the '86 GOPA or "94 AWB they put in a section that the number of firearms sold to constitute a dealer was left up to the Attorney General or Director of the BATFE to set. which they have not done so far. May be coming soon. Just like Janet Reno declared Spas 12's and Street sweepers to be DD's.
 
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All NFA items I own are held in a trust. All of those items also required a 4473, as I was taking possession on behalf of the trust. What loophole are they closing here? The trust only circumvents the local LEO signoff. If you can't legally own a firearm or device...the trust doesn't magically make possession legal.

Someone smarter than me tell me what I am missing.

What I predict is that they will add the requirement of fingerprints, pictures and CLEO signature of everyone on the trust like they do with the regular paperwork.
 

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