New Trend: Billionaires ‘Buying Gun Control’

Bill Gates, Michael Bloomberg and three other billionaires are bankrolling a controversial gun-control initiative that will appear on the Nov. 4 ballot in Washington State.

Even the new owner of the Los Angeles Clippers, Steve Ballmer, has gotten into the act, writing a check for $1 million dollars to help flood the airwaves with anti-gun propaganda.

The strategy in Washington relies on big money supplied by a few ultra-rich elites and, if successful, could serve as Bloomberg’s model for tightening the strings on gun owners nationwide.

Initiative 594 would not only require background checks for transactions at gun shows and over the Internet but also person-to-person sales and loaned guns. Even handing a firearm to a friend for a few moments during a hunting trip would trigger the need for a background check if Initiative 594 were to pass, critics say. The cost of the background check, to be borne by the gun owner, is yet to be determined.

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