I wouldn't call it hoarding, but I do have two AR-15s and a fair amount of ammo. I have had these for years for a "Just in case" scenario, as happened after hurricane Katrina. As for Obama, I am suspicious of him because of his previous anti-gun opinions (before he ran for President). We'll just have to wait and see. If the nation goes into a depression similar to the one in the 1930s, I think there will likely be more social unrest than there was then. It is possible that citizens may have to defend themselves against well-armed gangsters, but I hope that is not the case. All I can do is prepare for the worst and hope for the best.