President Obama played the crying card the other night to his selected audience of mass-shooting victim family members while announcing his new Executive Action (White House release). According to the President, "Every time I think about those kids, it gets me mad." What's the skinny on the action though? Basically, it merely emphasized that the existing laws ought to actually be followed and enforced (background checks, licensed dealers, etc.) About the only change was an increase in funding by $500M for handling mental illness.

Perhaps the greatest irony is that President Obama has done MORE for increasing the number of guns on the street over his multiple terms. On this announcement alone, shares in firearms manufacturers are rising and NICS checks indicate an increase by 38% over previous highs. Some estimates even show his various activities led to $9B in firearm sales over "normal".