Several years ago I saw a news item about a proposal by Korea to sell us a number of M-I rifles and m-I carbines which President Obama vetoed (this was early in his first term) stating that they could be used for criminal purposes. I wrote to my congressional deligation (twice)about this and naturally just got the typical position paper telling what great supporters of the second amendment they were.
Since the first report I heard from one whom I consider to be well informed (aformer NRAHQ employee) that those 80,000 M-I's and 700,000 carbines were in fact OUR OWN weapons and were merely loaned to korea during the 1950's. I suggested to my congressional delegation that at the going rate the rifles and carbines sold through odcmp that could represent about $586,000,000.00 if sold under the existing rules, IE competitive shooters and collectors. Of course they were not interested.