Stocks ended sharply lower Wednesday, one day after the re-election of President Obama. The Dow Jones industrial average closed down about 313 points, or 2.4%. Investor reaction is decidedly negative over the defeat of the more business-friendly Mitt Romney and the continued gridlock in Congress that makes it tough for lawmakers to avert a fiscal policy crisis by year-end. 
Even as the broader markets continue to suffer, the re-election of President Barack Obama has helped spark an ongoing rally for shares of two major firearms companies. Smith & Wesson Holdings (US:SWHC) was up 3% while Sturm Ruger & Co. (US:RGR) gained 5% Thursday, following strong gains on the previous session.
On a day when the Dow Jones Industrial Average has plummeted by over 200 points, gun stocks have bucked the trend and are surging as fears over an Obama lame duck second term eviscerating second amendment rights take hold. Both Smith & Wesson and Ruger saw their stock price shoot up this morning when virtually everyone else was in the red.
Democrat, Editorial, Liberal, Crime, Election, Government, Obama, Scandal, Threats, Fascism, AntiAmerican, Bigbrother, Corruption, Teaparty, Constitution
The signs keep accumulating that the IRS scandal is worse than liberals are willing to concede. On Bill Press's radio show yesterday, a reporter with left-leaning Politico told Press that the Internal Revenue Service dragging its feet on applications for tax-exempt status from tea party groups probably affected the outcome of last year's election.
Democrat, Election, Obama, Character, Energy, Metaphor, Theft
The Democratic National Committee has no plans to repay Duke Energy for an unprecedented $10 million line of credit it guaranteed to help the Democratic convention’s local host committee put on President Obama’s three-day nominating convention in Charlotte, N.C., last September. A Duke company official said the company was claiming the money as a business expense for tax purposes, meaning shareholders will foot $6 million of the cost, according to a report in the Charlotte Observer... Mr. Slocum, and other left-leaning watchdogs, are particularly concerned about Democrats accepting large donations from Duke, the third-largest coal-burning utility in the country, and any favoritism and unfair influence with Obama administration officials that could result... Although the Obama administration, through the Environmental Protection Agency, has cracked down on emissions from coal-fired plants, Duke is among at least a dozen firms the administration has exempted so it can pursue energy projects paid for by stimulus dollars, according to a report by the Center for Public Integrity.
Democrat, Liberal, Guns, Obama, Financial, Oops
As Dow Jones, S&P 500 and Nasdaq stocks plummeted the day after President Barack Obama was re-elected, shares in two major firearms companies -- Smith & Wesson Holdings and Sturm Ruger & Co. -- rose sharply in value. Smith & Wesson's stock increased by 9.6 percent, closing at $10.37 on Nov. 7. Thus far in 2012, Smith & Wesson's stock has gained 135 percent in value. Sturm Ruger & Co., whose stock has gained 43 percent in value this year, closed up 6.8 percent at $47.68 on Nov. 7.
Democrat, Liberal, Obama, Financial, Oops, Economy
NEW YORK (CNNMoney) -- A sell-off on Wall Street gained momentum Wednesday, with the Dow closing below 13,000 for the first time in three months...
Financial, Oops, Jobs
Boeing announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs.
Democrat, Liberal, Obama, Financial, Oops, Economy
Investors wasted no time running from what had been a nice little three-month rally in coal stocks ahead of the 2012 presidential election.
Democrat, Liberal, Guns, Obama, Oops
Black Friday gun sales hit an all time record high last week with demand for new firearms so overwhelming that it caused outages at the FBI background check center on two separate occasions. Fueled by fears that the Obama administration will go after gun rights during a lame duck term, the FBI reported 154,873 background check requests on Friday – a 20 per cent increase on last year’s record total of 129,166 checks.