QuotesCosmos
Josh Sugarmann (May 20, 2010), Obama Gun Boom Comes to an Official End, publisher: HuffPost, retrieved: October 17, 2018
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The Freedom Group, a “family” of gun companies cobbled together by Cerberus Capital Management (the former owners of Chrysler, among many other things), has just filed new documents with the Securities and Exchange Commission (SEC) in anticipation of a long-threatened stock IPO (Initial Public Offering). And the picture isn’t pretty. Freedom Group companies run the gamut from sporting arms to assault weapons. In addition to Bushmaster and DPMS (two leading manufacturers of AR-15 type assault rifles), companies and brands that comprise Freedom Group include: Remington, Marlin, Harrington & Richardson, New England Firearms, L.C. Smith, Dakota Arms, Advanced Armament Corporation, and Barnes Bullets. Freedom Group states that it has the number one U.S. market position in shotguns (31 percent), ammunition (33 percent), traditional rifles (37 percent), and “modern sporting rifles” (48 percent).

— Josh Sugarmann on Bushmaster XM-15

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The Freedom Group, a “family” of gun companies cobbled together by Cerberus Capital Management (the former owners of Chrysler, among many other things), has just filed new documents with the Securities and Exchange Commission (SEC) in anticipation of a long-threatened stock IPO (Initial Public Offering). And the picture isn’t pretty. Freedom Group companies run the gamut from sporting arms to assault weapons. In addition to Bushmaster and DPMS (two leading manufacturers of AR-15 type assault rifles), companies and brands that comprise Freedom Group include: Remington, Marlin, Harrington & Richardson, New England Firearms, L.C. Smith, Dakota Arms, Advanced Armament Corporation, and Barnes Bullets. Freedom Group states that it has the number one U.S. market position in shotguns (31 percent), ammunition (33 percent), traditional rifles (37 percent), and “modern sporting rifles” (48 percent)." in the context of "Josh Sugarmann (May 20, 2010), Obama Gun Boom Comes to an Official End, publisher: HuffPost, retrieved: October 17, 2018" to mean that wisdom is timeless.

Quote Image
Source: Wikiquote: "Bushmaster XM-15" (Quotes, 2010) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app

Tags

#Josh Sugarmann#freedom#percent#group#companies#rifles#sporting#assault#arms#longthreatened#manufacturers#anticipation

About Josh Sugarmann

Josh Sugarmann is an American activist for gun control in the United States. He is the executive director and founder in 1988 of the Violence Policy Center, a non-profit advocacy and educational organization, and the author of two books on gun control.