This is a semantic argument. I agree that the terminology is misleading. However, I think we should always follow the words "there is no gun show loophole" with

This is a semantic argument. I agree that the terminology is misleading. However, I think we should always follow the words "there is no gun show loophole" with the words "private citizens can sell guns without background checks no matter where they are," and perhaps "let's call it the private sale loophole."