Well said Uglyelk. There are already machine guns living in basements quite legally in this country. Anyone ever heard of a convenience store held up with a Ma Deuce?
Generally speaking if you can afford a machine gun, and afford to feed it, you aren't going around robbing quickie marts for your spending cash.
Those who want to live outside the law, will, and will have whatever toys money can buy. I'd rather legalize it and allow those who do live within the laws the same abilities as those who do not.
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