from Conservative Daily:
This is not a drill. The Obama administration just implemented a new regulatory change that has sent the entire firearms industry into a tailspin overnight.
A key ingredient necessary for making gunpowder has been re-classified as a high explosive, making it illegal for any company within the industry to transport or store it as they have for decades.
It all stems from how the ATF regulates a chemical compound known as nitrocellulose. For decades, the firearm industry has been allowed to store and transport wetted nitrocellulose without having to treat it as a high explosive. Manufacturers deliberately mix the chemical compound with water to make it less volatile.
Overnight, the ATF just completely changed its regulations, turning everyone in the ammunition industry into felons if they do business the way they have for decades.
The entire industry is now at a standstill. Without nitrocellulose, you can’t make smokeless gunpowder. Without smokeless powder, there’s no ammunition.
This is the real deal. If this regulation stays in place, it will take months for the industry to recover and send ammunition prices through the roof!
There’s nothing “sexy” about ATF regulations pertaining to wetted nitrocellulose. This isn’t going to get any coverage in the media. Start talking to the average American about nitrocellulose and other chemical compounds and their eyes will start to glaze over.
The chemistry isn’t really all that important. This new regulation has ground the entire domestic ammunition manufacturing industry to a halt.
The ATF gave the industry no notice. No grace period. This came down overnight. The entire supply chain for this crucial gunpowder component is now non-compliant.
This isn’t the first time that Obama has gone after ammunition components. Two years ago, the administration shut down the last remaining lead smelter in the United States.
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