One of the most oft-repeated me-mes heard in casual conversation and internet discussion forums regarding National Firearms Act (NFA) topics is that the founders and leadership of the National Firearms Act Trade & Collectors Association (NFATCA) are a bunch of good old boys that are colluding to keep machine gun prices high in order to protect their investments. That certainly makes for a meaty conspiracy theory that sets tongues wagging and fists pounding. Fortunately, it's just not true. Many machine gun prices are high, but the NFATCA leadership actually not only supports but actively works for the elimination of 922(o) (commonly referred to as the Hughes Amendment), the bit of legislation that capped the number of fully transferable machine guns at today's current total of around 182,000 weapons. So why does the good old boy meme persist?
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