srinath wrote on 04/15/13 at 00:56:49:Houstonbofh: You're crossing 2 threads. The background checks are not my idea. But expanding the background checks IMHO would raise black market prices was my theory. The $100 bullet isn't use in the accounting of why a black market gun is going to be cheaper. In this thread so far there is no connection to the $100 bullet tax.
Rfw2003: You're likely in the iron pipe, I know you're in OK - but AFAIK the famous "Iron pipe" is the NYC to GA, SC and GA have loose gun laws, and these are cheap, and lots of guns bought there end up in DC or NYC crimes.
This is like water - it flows to the lowest. The black market will get it off the cheapest location and sell it to who/where/when/what is most $$$. If we start raising the standards in 90% of the country, but leave SC and TX as is for example, the iron pipe will just end in TX and SC and run to every state ... Markets are efficient at doing this my friend, black markets especially so.
Cool.
Srinath.
I guess reading isn't one of your better qualities, I'm in TX.
As for you saying the black market is more expensive, Then explain how you can get a full auto M16 for around $1K and right now on the streets, to get a legal full auto M16 it will run you anywhere from $4K to $12K depending on where you get it, and that doesn't include the tax stamp you have to get either to own it legally.
BTW Full Auto M16's that are legal to own are getting rare now, as those that have them are not really wanting to part with them.
The closer you are to any military installation the cheaper it is to get full auto weapons on the street, you just gotta know where to go is all.
R.F.