February 20, 2018

Jack Kingston makes fool of himself on national TV re GUNS

Jack KINGSTON (R) on cnn last weekend vs david jolly (R): -- if you want to put it on the table you also have to tell me why when gun purchases went up did the crime rate go down? And neither of you have said -- no --
http://www.cnn.com/TRANSCRIPTS/1802/20/nday.04.html

Kingston went on to say that he hadn't heard of any reason whyfor the crime rate went down other than citing 161 million increase in the national gunstock between early 1990's and 2014 (read today).
As if putting over 150 million more guns in people's hands were the reason for the crime decrease.
We say BS! Kingston is either intentionally lying or is ignorant of the facts, I suspect the latter.

One correlation (reason imo) in the decline of violent crime & total crime from early 1990's to now is that the rate of gun ownership has also been declining. By about 30%, both personal & home gun ownership.
Another point is that the new gun sales went maybe half to existing gun owners:



General Social Survey (GSS) .. data show a substantial decline in the shares of both households and individuals with guns... 1973, 49% reported having a gun or revolver in their home or garage. In 2012, 34% said they had a gun in their home or garage.
.. personal gun ownership in 1980, 29% said a gun in their home personally belonged to them. This stands at 22% in the 2012 GSS survey. http://www.people-press.org/2013/03/12/section-3-gun-ownership-trends-and-demographics/
3) ... The Pew Research Center has tracked gun ownership since 1993, and our surveys largely confirm the General Social Survey trend. In our Dec 1993 survey, 45% reported having a gun in their household; in early 1994, the GSS found 44% saying they had a gun in their home. A Jan 2013 Pew Research Center survey found 33% saying they had a gun, rifle or pistol in their home, as did 34% in the 2012 wave of {GSS}.

According to all 3 polls above, personal & household gun ownership rates fell dramatically during the same 8 yr time period as when violent crime & total crime rates fell dramatically, ~1992 - 2000.
National gunstock increased during that time period as well, also to now, but is demonstrably shown that a solid portion of those guns went to existing gun owners rather than creating any increase in the rate of gun owners.
The clinton crime initiative went into effect in 1994, which also had an affect on declining violent crime rates, but wouldn't've affected 1992, 93, 94.

February 13, 2018

Remington files for bankruptcy, falling sales

U.S. gunmaker Remington reaches deal with creditors to file for bankruptcy....
Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, said on Monday it had reached a deal with its creditors to file for Chapter 11 bankruptcy to slash its $950 million debtload

The planned bankruptcy filing follows a decline in sales at the armsmaker, in part because of receding fears that guns will become more heavily regulated by the U.S. government, according to credit ratings agencies.

U.S. President Donald Trump has said he will “never, ever infringe on the right of the people to keep and bear arms.” Since Trump’s election victory in November 2016, American Outdoor Brands Corp has lost almost two thirds of its stock market value, while Sturm Ruger & Company Inc has fallen by a quarter. By comparison, the S&P 500 has increased by a quarter in the same period.

Remington said it will receive $145 million in bankruptcy financing to fund the company through the Chapter 11 process. Remington plans to file bankruptcy in U.S. Bankruptcy Court in Delaware, seeking to write off about $700 million in debt.
https://www.reuters.com/article/us-remingtonoutdoor-bankruptcy/u-s-gunmaker-remington-reaches-deal-with-creditors-to-file-for-bankruptcy-idUSKBN1FW23Q

hahahahahaha!
actually tho, don't know whether to be happy or sad.....
... maybe the nra is getting 'cat scratch fever', over declining gun sales.....

February 13, 2018

Remington files for bankruptcy, cites decline in sales

U.S. gunmaker Remington reaches deal with creditors to file for bankruptcy....
Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, said on Monday it had reached a deal with its creditors to file for Chapter 11 bankruptcy to slash its $950 million debtload

The planned bankruptcy filing follows a decline in sales at the armsmaker, in part because of receding fears that guns will become more heavily regulated by the U.S. government, according to credit ratings agencies.

U.S. President Donald Trump has said he will “never, ever infringe on the right of the people to keep and bear arms.” Since Trump’s election victory in November 2016, American Outdoor Brands Corp has lost almost two thirds of its stock market value, while Sturm Ruger & Company Inc has fallen by a quarter. By comparison, the S&P 500 has increased by a quarter in the same period.

Remington said it will receive $145 million in bankruptcy financing to fund the company through the Chapter 11 process. Remington plans to file bankruptcy in U.S. Bankruptcy Court in Delaware, seeking to write off about $700 million in debt.
https://www.reuters.com/article/us-remingtonoutdoor-bankruptcy/u-s-gunmaker-remington-reaches-deal-with-creditors-to-file-for-bankruptcy-idUSKBN1FW23Q

hahahahahaha!
actually tho, don't know whether to be happy or sad.....

February 6, 2018

none dare call it treason, except trump & the lunatic fringe

Trump said it was “un-American” and “treasonous” when some congressional Democrats did not applaud during last week's State of the Union address..
“Even on positive news like that, really positive news like that, they were like death and un-American,” Trump said at a manufacturing plant outside Cincinnati. “Somebody said ‘treasonous.’ I mean, yeah, I guess, why not? Shall we call that treason? Why not? I mean, they certainly didn’t seem to love our country very much.”

Of course, if trump was making money off something unamerican or treasonous, he'd be singing a different tune coming out from his cookoo clock.

Stormer’s book is taken from a quotation of Sir John Harrington (1561-1612): “Treason doth never prosper, what’s the reason? For if it prosper, none dare call it treason.”

Dems could take heart in the words of Patrick Henry, & argue that it is not the issues trump demagogued about in his sotu, but actually trump the national disgrace, for why they remained silent.

"If this be treason, make the most of it!" —Patrick Henry, speaking against the Stamp Act of 1765 before the Virginia House of Burgesses