Other than nuclear missiles, he is incorrect. One can easily find warships, tanks, jets, and the sort for sale on the open market. It is just rare anyone can afford the hundreds of millions it takes to buy some of these not to mention upkeep. (GB recently sold a destroyer) One can also get a class II license to own a fully automatic firearm. It is just very difficult and expensive.
I guess being wrong in the stock market wasn’t enough........google this guy and you’ll see what i mean...
You don't get a license, you pay a $200.00 Federal excise tax and file an BATF Form 4. The completed form (& certified check for the tax stamp) goes to the Class III holder of a Federal Firearms Licensed (FFL) dealer from whom you are buying the weapon. Said dealer must operate his business in your state of residence FYI.
The dealer then fill out his portion of the form, listing a description of the weapon, serial number, name and address of his business and license holder's signature. He then forwards the completed form and certified check to a BATF examiner for processing. This process can take upwards of six months or more.
When the form is approved it is mailed back to the dealer who then notifies you that you may come and pick up your purchase. You make multiple copies of the Form 4 with the attached excise tax stamp and put the original in a safe deposit box as it is your only proof that you are the legitimate owner of a machine gun.
You can use a copy to ward off curious local cops but if the ATF asks to see the original you'd best be able to produce it promptly. You need to carry a copy when ever your MG leaves you property (say you drive to the range) should the need arise for proof of ownership.
Do not plan on crossing your state line while in position of your MG without checking with states along your route regarding their local laws regarding Class III weapons in transport. A Check with your (by now) friendly BATF contact what they advise.
If sometime you chose to relocate you will need to update the BATF with your new address. Likewise, if you move out of state, you need to research your new potential home for restrictions on Class III goodies. Again, you must keep BATF appraised as to the new location of your high priced toy. All it takes is patience and money and you too can "rock & Roll".
Regards,
GtG
PS The same procedures are used when purchasing short barreled shotguns and rifles, suppressors, and "dangerous devices"(bore greater than .50 cal), or any other weapon.
PPS Successfully completing a BATF Form 4 is much easier if you set up a trust to hold your Class III purchases. If you want to know why FReep mail me directly.