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Gibson Guitars Faces Bankruptcy After Years of Federal Attacks
mrctv.org ^ | 2/21/2018 | P. Gardner Goldsmith

Posted on 02/24/2018 7:23:02 AM PST by rktman

Rock n' Roll. The soundtrack to rebellion. Across the decades, the motif has held, and the mythology of the rebellious rocker striding into the political arena to shatter the establishment with some deftly played power chords still stirs the imagination.

Sadly, the new world might not be ready for the revolution, because this week, after 116 years in business, and following years of attacks, fines, and losses incurred by federal bureaucrats, Gibson, the legendary manufacturer of electric guitars, revealed that it could face bankruptcy in July.

.......the feds claimed was a violation of the Teddy Roosevelt-era “Lacey Act”, which was passed in 1900, and originally banned import of certain wildlife if the capture, killing, or export of that wildlife was prohibited by the nation of origin. In 2011, in what some writers have wisely speculated appears to have been a political move made to ensnare people like the GOP-backing Juszkiewicz, the Lacey Act was amended to include flora – alive or dead.

(Excerpt) Read more at mrctv.org ...


TOPICS: Business/Economy; Government; Philosophy
KEYWORDS: andryrajoelina; demagogicparty; fretboards; gibson; gibsonguitars; laceyact; madagascar; music; obamalegacy; rosewood; teddyroosevelt
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41 posted on 02/24/2018 8:42:03 AM PST by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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To: rktman

I recall that they were actually raided twice.


42 posted on 02/24/2018 8:46:00 AM PST by marron
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To: ROCKLOBSTER
😹🍿🍻🇺🇸🎸. Don't have any Gibsons any more. Couple or 3 Strats, couple Teles my 65 Epiphone Riviera and a couple Fender amps. None of the amps are too heavy to carry. 🎤🎼
43 posted on 02/24/2018 8:46:01 AM PST by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: rktman
rktman :" That'll teach Henry Juszkiewicz to support republicans.
Enviro-wankers strike again."

If only Juszkiewicz would have paid the Obama Extortion ring, paid to some liberal cause
all this would have gone away,
until the next election cycle, or the next enviro-weenie colluded crisis. !"

44 posted on 02/24/2018 8:47:16 AM PST by Tilted Irish Kilt
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To: To-Whose-Benefit?
Same old ford, Chevy, DODGE argument. Preferences etc. if my pickups pull that much that I can hear the difference, time to replace 'em. 😹🍿🍻🇺🇸🎸
45 posted on 02/24/2018 8:49:07 AM PST by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: rktman

Here’s my prediction - it will be taken over by some “hedge fund” armed with massive low interest debt. With its ruthless “efficiency” it will engage in massive job cutting and shipping out much of the work to India or China. The guitars will not be as good, but they’ll spend on a good media marketing campaign, and once they have fully destroyed the Gibson brand, they’ll shut it down.


46 posted on 02/24/2018 8:50:59 AM PST by PGR88
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To: rktman

Won’t fix it.

Look at Eric Johnson’s Strats.

You can minimize it but you can’t completely get rid of it.

Lower the bass side of the neck pickup so the cover is about the thickness of a pair of heavy picks from the scratch plate.

What you’ll lose in output isn’t worth worrying about.


47 posted on 02/24/2018 9:00:07 AM PST by To-Whose-Benefit? (It is Error alone which needs the support of Government. The Truth can stand by itself.)
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To: Right Brother

Just read you’re post and have a question.

Ive played for 50 years and bought a Taylor 800 series about 10 years ago. Was wondering what guitar you’d recommend? I love my Taylor, easy action, nice neck and it’s matured to a better sound. Was wondering what other acoustic has the sustain and easy neck/ fret action?

I’m older now, so my Fender Strat is the only electric I’ve had even though I’d love to get my paws on a Les Paul. Just very little need for electric anymore.


48 posted on 02/24/2018 9:00:19 AM PST by Dick Vomer (2 Timothy 4:7 deo duce ferro comitante)
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To: To-Whose-Benefit?

LOL! Well, I like my strats and I like my old Epi with the minis on it. Since Joe Bonamasa and Eric Johnson aren’t worried about me (well not much anyway), I’ll just keep pickin’ away at local jams 3 nights a week. (I did notice that neither one of them has a booking in town though.) ;-)


49 posted on 02/24/2018 9:10:07 AM PST by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: To-Whose-Benefit?
Because of the magnetic inductance from Fenders 3 single coil pickups pulling the basses in different directions at the same time, causing all manner of out of tune harmonics to run up and down the strings.

That's probably what gives them that trademark kick-ass dry sound.

50 posted on 02/24/2018 9:34:06 AM PST by ROCKLOBSTER (The Obama is about to hit the fan.)
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To: Drew68
when you could drive a Mustang?

Ford...Gibson....same thing.

51 posted on 02/24/2018 9:37:26 AM PST by ROCKLOBSTER (The Obama is about to hit the fan.)
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To: rktman

Gibson Brands, Inc. troubles began with an illegal federal raid upon its factory in 2011 and now it faces bankruptcy; I strongly-urge all those who find offense at the government’s weaponizing a 100 year-old law (Lacey Act) against a corporation for political purposes to rally behind Gibson and fix this egregious injustice.

Pertinent quote regarding the Lacey Act amendment:
“That’s a blank check for bureaucratic abuse.”

The Lacey Act was amended as a component of the 2008 “Farm Bill” passed by the 100th Congress’ Dem supermajority on the Hill, followed with a Presidential veto by GW Bush henceforth overridden by the supermajority Dems.

The Obama administration then weaponized the Act against Gibson - for obvious political reasons; its head was a Republican supporter - in turn potentially-ensnaring every single Gibson guitar owner under the “due care” provisions of the 2008 Farm Bill amendment.

In essence, if your Gibson guitar contains wood which falls under the still-sealed warrant under which Gibson was wrongfully-persecuted, you have a problem.

All Gibson guitar owners & Gibson supporters (Conservatives in general) should put on their activist hats and seek to rescind the Lacey Act (a distinct possibility under Trump) and give consideration for the taxpayers (federal government) to bail out this fine company as recompense for the damage wrought by criminal acts ordered by the Obama administration.

Footnote: It is truly shameful that in this era we must rely upon bloggers to report facts.


52 posted on 02/24/2018 9:37:31 AM PST by logi_cal869 (-cynicus-)
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To: ROCKLOBSTER

DOH! LOL!


53 posted on 02/24/2018 9:44:15 AM PST by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: Hostage
Martin and Fender used the same wood from the same sources. The only difference was the CEOs' political leanings.

Also, the company should have been able to recover as their guitars are some of the finest ever crafted.

While Gibson has a long history of fine instruments, in the last few years, many instruments shipped from the factory have been of lower quality. There have been a lot of YouTube videos and blog reports of people paying thousands of dollars for a Gibson guitar that needed complete setups or even major repairs.

Mark

54 posted on 02/24/2018 10:15:42 AM PST by MarkL (Do I really look like a guy with a plan?)
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To: rktman

Speaking of travel, a late friend of mine hand carried a 53 Gold Top to Turkey in 71. He’d paid $200 for it in a pawn shop. Some Turk offered him $400. Since it wasn’t on his customs declaration, he sold it. Didn’t let him forget it till the day he died.


55 posted on 02/24/2018 10:19:23 AM PST by CMSMC
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To: Right Brother

Yup. I’ve heard that before. Also how they screwed the local independent music stores over the last 15-20 years in favor of Musician’s Friend/Guitar Center and the other big boxes.


56 posted on 02/24/2018 10:23:39 AM PST by CMSMC
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To: Drew68
Wait until these Baby Boomers start dropping like flies and "dad's old guitar that I never learned how to play" wind up all over Craigslist and eBay for half the cost of a new one.

LOL!! That is so true.

57 posted on 02/24/2018 10:33:38 AM PST by Cuttnhorse (Never fear the cow)
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To: Drew68

Yes. One can never have too many guns or guitars... one never knows when you’d have a use for a J-200, Dove, FJN, or maybe a LP Custom, SG, strat, tele, Jazz Master or even an old Marauder.


58 posted on 02/24/2018 10:33:48 AM PST by CMSMC
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To: MarkL

Thanks for that info. My view was based on experiences of decades back. Sounds like Gibson needs new management and new talent. With the Trump corporate tax cuts, they should have no excuse for reinvesting in themselves to restore their reputation.


59 posted on 02/24/2018 10:38:41 AM PST by Hostage (Article V)
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To: Hostage

IIRC, it involved the importation of certain wood from Madagascar. Just another example of pure lawfare, felonies committed by the DOJ under color of law.


60 posted on 02/24/2018 11:23:37 AM PST by Jacquerie (ArticleVBlog.com)
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