There's two sides to the panic buy, read this great synopsis of what Feinstein proposes and you will understand what has got a lot of gun owners spooked. It's not only a proposed national firearms registry, but also a ban on selling any weapons listed in the ban. That could seriously undercut the value of a lot of guns, you don't know what they're worth unless someone has sold one similar.
And it's not just ARs and AKs, as that article states this law could in fact ban most modern handguns and rifles!
I think Feinstein won't find support for such a drastic proposal, she's gone far beyond what was initially conceived and Obama has already washed his hands of the whole affair by tossing it on Biden's lap. As Buddy Spike said, in a few weeks this horrible incident will be a distant memory in most American's goldfish-sized memories.
So while my collection still lies deep in the Gulf of Mexico, I do believe it will arise one day like the phoenix from the ashes. Thank God that idiots like Feinstein actually believe the rest of the world thinks like she does, as it is that misconception that keeps the possibility of a ban actually happening to a minimum. If she actually had a brain, she wouldn't have proposed something so drastic, and could have actually stood a chance of getting it approved. With such ridiculous proposals, I do think it is doomed.
If not, I am happy that all that cosmoline will keep my collection from rusting!
Cheers! M2