POLYMER80 BANKRUPTCY
A Victory for Gun Control or an Empty Gesture?
Read more
POLYMER80 BANKRUPTCY
A Victory for Gun Control or an Empty Gesture?
Read more
Polymer80’s Bankruptcy: A Victory for Gun Control or an Empty Gesture?
Firearms Regulations
|
2024
In June 2024, Polymer80, the largest manufacturer of kits for homemade firearms, succumbed to an avalanche of lawsuits and regulatory hurdles, closing its doors indefinitely.
CEO Loran Kelley Jr. pointed to the relentless legal battles the company had faced, stating, “P80 was getting sued left and right, probably twice a month.”
For many gun control advocates, this marked a victory in their campaign against so-called "ghost guns." However, the closure of Polymer80 does little to address the broader issue of gun violence—and even less to curb the criminal misuse of firearms.
Gun control groups like Everytown for Gun Safety hailed the company’s demise as a victory, with Eric Tirschwell, the group's legal director, admitting that their strategy was to bankrupt manufacturers through lawsuits and regulatory pressures.
While Polymer80’s closure may appease anti-gun advocates, it raises the question: Does this actually prevent criminals from obtaining firearms? The simple answer is no.
Criminals Will Still Get Guns
Banning the sale of gun kits or enforcing serial numbers on parts does little to dissuade those intent on breaking the law. The black market for firearms remains stable, and innovations in 3D printing now allow individuals to manufacture guns in the privacy of their homes with even fewer barriers.
Criminals will always find a way to arm themselves—whether through theft, illicit purchases, or homemade guns that are impossible to regulate completely.
Polymer80’s products were aimed at hobbyists, a group that has long enjoyed the legal right to build firearms for personal use. The Second Amendment protects this right, and the tradition of crafting firearms at home is as old as the Republic itself.
It’s disingenuous to suggest that curbing this practice will suddenly stop gun violence. What it does, however, is push the activity further underground, making it more difficult to regulate and creating an ever-growing market for untraceable firearms.
A Symbolic, Not Practical, Victory
Polymer80’s downfall may be a political win for the Biden administration and gun control groups, but it doesn’t address the real issue: the guns that are already circulating. Tens of thousands of ghost guns remain in the hands of private individuals, including criminals, and Polymer80’s closure will do nothing to change that.
Additionally, the regulatory push against companies like Polymer80 highlights a broader trend where administrative agencies like the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) are used to implement de facto legislation.
In 2022, the ATF enacted a rule requiring ghost gun sellers to add serial numbers and conduct background checks, bypassing Congress in a clear overreach of executive power.
The problem with such moves is not only constitutional but also practical. Criminals don’t follow rules, so adding regulations only impacts law-abiding citizens, not the very people these measures are supposedly targeting.
The Future of Gun Control
The fate of Polymer80 is not yet sealed. As Kelley hinted, the company may return "in some way, shape, or form." Moreover, a Supreme Court case slated for October 2024 could potentially challenge the ATF’s ghost gun regulations, affecting state-level restrictions as well.
If the Court rules in favor of Polymer80, it could reshape the landscape of homemade firearms and further weaken the regulatory framework imposed by the Biden administration. Still, it's clear that the fight over gun control is far from over.
The closure of Polymer80 is unlikely to have a significant impact on crime rates. Guns will continue to circulate, criminals will still find ways to bypass regulations, and law-abiding citizens may find their rights further curtailed by bureaucratic overreach.
Real solutions lie not in shutting down manufacturers but in strengthening border security to stop gun smuggling, cracking down on black market sales, and encouraging responsible self-defense practices.
Without a shift in focus, efforts to control firearms will continue to miss the mark.
About White Collar Combat
Navigating legal and regulatory challenges is just one part of the equation - financial stability is equally critical.
White Collar Combat provides strategic advisory services to help clients manage risk, optimize capital structure, and build sustainable financial strategies.
Contact us to safeguard your business in uncertain times and secure your future success.
In June 2024, Polymer80, the largest manufacturer of kits for homemade firearms, succumbed to an avalanche of lawsuits and regulatory hurdles, closing its doors indefinitely.
CEO Loran Kelley Jr. pointed to the relentless legal battles the company had faced, stating, “P80 was getting sued left and right, probably twice a month.”
For many gun control advocates, this marked a victory in their campaign against so-called "ghost guns." However, the closure of Polymer80 does little to address the broader issue of gun violence—and even less to curb the criminal misuse of firearms.
Gun control groups like Everytown for Gun Safety hailed the company’s demise as a victory, with Eric Tirschwell, the group's legal director, admitting that their strategy was to bankrupt manufacturers through lawsuits and regulatory pressures.
While Polymer80’s closure may appease anti-gun advocates, it raises the question: Does this actually prevent criminals from obtaining firearms? The simple answer is no.
Criminals Will Still Get Guns
Banning the sale of gun kits or enforcing serial numbers on parts does little to dissuade those intent on breaking the law. The black market for firearms remains stable, and innovations in 3D printing now allow individuals to manufacture guns in the privacy of their homes with even fewer barriers.
Criminals will always find a way to arm themselves—whether through theft, illicit purchases, or homemade guns that are impossible to regulate completely.
Polymer80’s products were aimed at hobbyists, a group that has long enjoyed the legal right to build firearms for personal use. The Second Amendment protects this right, and the tradition of crafting firearms at home is as old as the Republic itself.
It’s disingenuous to suggest that curbing this practice will suddenly stop gun violence. What it does, however, is push the activity further underground, making it more difficult to regulate and creating an ever-growing market for untraceable firearms.
A Symbolic, Not Practical, Victory
Polymer80’s downfall may be a political win for the Biden administration and gun control groups, but it doesn’t address the real issue: the guns that are already circulating. Tens of thousands of ghost guns remain in the hands of private individuals, including criminals, and Polymer80’s closure will do nothing to change that.
Additionally, the regulatory push against companies like Polymer80 highlights a broader trend where administrative agencies like the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) are used to implement de facto legislation.
In 2022, the ATF enacted a rule requiring ghost gun sellers to add serial numbers and conduct background checks, bypassing Congress in a clear overreach of executive power.
The problem with such moves is not only constitutional but also practical. Criminals don’t follow rules, so adding regulations only impacts law-abiding citizens, not the very people these measures are supposedly targeting.
The Future of Gun Control
The fate of Polymer80 is not yet sealed. As Kelley hinted, the company may return "in some way, shape, or form." Moreover, a Supreme Court case slated for October 2024 could potentially challenge the ATF’s ghost gun regulations, affecting state-level restrictions as well.
If the Court rules in favor of Polymer80, it could reshape the landscape of homemade firearms and further weaken the regulatory framework imposed by the Biden administration. Still, it's clear that the fight over gun control is far from over.
The closure of Polymer80 is unlikely to have a significant impact on crime rates. Guns will continue to circulate, criminals will still find ways to bypass regulations, and law-abiding citizens may find their rights further curtailed by bureaucratic overreach.
Real solutions lie not in shutting down manufacturers but in strengthening border security to stop gun smuggling, cracking down on black market sales, and encouraging responsible self-defense practices.
Without a shift in focus, efforts to control firearms will continue to miss the mark.
About White Collar Combat
Navigating legal and regulatory challenges is just one part of the equation - financial stability is equally critical.
White Collar Combat provides strategic advisory services to help clients manage risk, optimize capital structure, and build sustainable financial strategies.
Contact us to safeguard your business in uncertain times and secure your future success.
In June 2024, Polymer80, the largest manufacturer of kits for homemade firearms, succumbed to an avalanche of lawsuits and regulatory hurdles, closing its doors indefinitely.
CEO Loran Kelley Jr. pointed to the relentless legal battles the company had faced, stating, “P80 was getting sued left and right, probably twice a month.”
For many gun control advocates, this marked a victory in their campaign against so-called "ghost guns." However, the closure of Polymer80 does little to address the broader issue of gun violence—and even less to curb the criminal misuse of firearms.
Gun control groups like Everytown for Gun Safety hailed the company’s demise as a victory, with Eric Tirschwell, the group's legal director, admitting that their strategy was to bankrupt manufacturers through lawsuits and regulatory pressures.
While Polymer80’s closure may appease anti-gun advocates, it raises the question: Does this actually prevent criminals from obtaining firearms? The simple answer is no.
Criminals Will Still Get Guns
Banning the sale of gun kits or enforcing serial numbers on parts does little to dissuade those intent on breaking the law. The black market for firearms remains stable, and innovations in 3D printing now allow individuals to manufacture guns in the privacy of their homes with even fewer barriers.
Criminals will always find a way to arm themselves—whether through theft, illicit purchases, or homemade guns that are impossible to regulate completely.
Polymer80’s products were aimed at hobbyists, a group that has long enjoyed the legal right to build firearms for personal use. The Second Amendment protects this right, and the tradition of crafting firearms at home is as old as the Republic itself.
It’s disingenuous to suggest that curbing this practice will suddenly stop gun violence. What it does, however, is push the activity further underground, making it more difficult to regulate and creating an ever-growing market for untraceable firearms.
A Symbolic, Not Practical, Victory
Polymer80’s downfall may be a political win for the Biden administration and gun control groups, but it doesn’t address the real issue: the guns that are already circulating. Tens of thousands of ghost guns remain in the hands of private individuals, including criminals, and Polymer80’s closure will do nothing to change that.
Additionally, the regulatory push against companies like Polymer80 highlights a broader trend where administrative agencies like the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) are used to implement de facto legislation.
In 2022, the ATF enacted a rule requiring ghost gun sellers to add serial numbers and conduct background checks, bypassing Congress in a clear overreach of executive power.
The problem with such moves is not only constitutional but also practical. Criminals don’t follow rules, so adding regulations only impacts law-abiding citizens, not the very people these measures are supposedly targeting.
The Future of Gun Control
The fate of Polymer80 is not yet sealed. As Kelley hinted, the company may return "in some way, shape, or form." Moreover, a Supreme Court case slated for October 2024 could potentially challenge the ATF’s ghost gun regulations, affecting state-level restrictions as well.
If the Court rules in favor of Polymer80, it could reshape the landscape of homemade firearms and further weaken the regulatory framework imposed by the Biden administration. Still, it's clear that the fight over gun control is far from over.
The closure of Polymer80 is unlikely to have a significant impact on crime rates. Guns will continue to circulate, criminals will still find ways to bypass regulations, and law-abiding citizens may find their rights further curtailed by bureaucratic overreach.
Real solutions lie not in shutting down manufacturers but in strengthening border security to stop gun smuggling, cracking down on black market sales, and encouraging responsible self-defense practices.
Without a shift in focus, efforts to control firearms will continue to miss the mark.
About White Collar Combat
Navigating legal and regulatory challenges is just one part of the equation - financial stability is equally critical.
White Collar Combat provides strategic advisory services to help clients manage risk, optimize capital structure, and build sustainable financial strategies.
Contact us to safeguard your business in uncertain times and secure your future success.
Contact
© White Collar Combat 2024
Contact
© White Collar Combat 2024
Contact
© White Collar Combat 2024