It’s easy to see why they would want to be done with the whole episode. Selling removes the reputational stain of owning the top American manufacturer of the deadliest consumer product known to man.
I’m pretty sure automobiles are the deadliest consumer product known to man, but lets not let facts get in the way.
Remington’s earnings volatility is not the only factor behind its low valuation. There’s also the stigma associated with owning a gunsmith after Sandy Hook. Cerberus actually tried to sell the business but found no acceptable offers. The situation is somewhat similar to the way tobacco stocks became an investment industry pariah two decades ago.
I’m pretty sure the reason investors don’t want to touch Remington have more to do with the amount of debt it’s carrying versus its earnings, more than what the New York Times thinks.
They could, for instance, insist that Remington ensure all its guns are sold through distributors who conduct more rigorous background checks, or that the company ramps up investments in developing weapons that won’t go off when a child finds them in a negligent parent’s night stand. They might even demand Remington stop supporting the National Rifle Association.
It’s easy for Social Justice Warriors to delude themselves into thinking people can’t fight back against their bullshit. We can and will, and we’ll bankrupt your investment in the process. They would be wise to divest Remington. Personally, I’m not sure the issue has been done any favors by putting so many gun companies and brands in the hands of New York bankers.
Apparently the media’s zero to sensationalist time is pretty damned low, as they are already couching their headlines to make it seem like Zimmerman has claimed yet another victim. USA Today headline, “George Zimmerman Involved in Shooting.” If you follow through to the article, you’ll note that he was apparently shot by someone else, and was taken to the hospital. Also note that in the background section of the story, they fail to mention that Zimmerman only fired at Martin because Martin was pounding Zimmerman’s head into the pavement. CNN is pimping the same headline. This guy is going to spend the rest of his life looking over his shoulder. Given the trouble he’s had with women since, I’ve said he should look into the monk’s life. That might be all that’s really left for him. At the very least, moving to a different part of the country would probably be wise. I’m kind of tired of seeing this guy in the news.
A few weeks ago, Yahoo News published a hit piece on NRA. I figured this was likely ginned up by some of our opponents in the gun control movement. Most of the mainstream outfits would love a story like that, but the fact that it only appeared on Yahoo, to not much fanfare from the rest of the media, hinted to me that whoever wrote it probably did not follow the barest of journalistic standards, and quite possibly was an operative from the other side, especially given that the author is associated with a left-leaning group Center for Public Integrity, which is supported by supported by George Soros’s Open Society Foundation and has a board stocked with people who are not friendly to Second Amendment freedoms.
At the end of that article, you’ll notice a quite lengthy update, where NRA has addressed many of the allegations against it. When I first saw this article, I thought that it was probably a coding error on their web site, because to be honest, the firm they hire to do that kind of work has been sloppy in the past. Because we’re often using the PVF web site to look up grades, I can’t tell you how many times it’s just been broken. Though, it’s been pretty good recently, so maybe they’ve hired some better people.
A key thing people get confused about when it comes to campaign finance laws is what constitutes political activity. To use an example, here’s an add NRA ran in Colorado ahead of the 2014 elections:
Some folks might say this is clearly political activity, but it does not call for people to support for, or oppose any bill or measure. It does not mention any candidate for federal office. This is educational outreach, rather than political activity. This ad could even be funded under the auspices of a 501(c)(3). In fact, a good bit what NRA does that many people might think is “political” is done under a 501(c)(3), NRA’s Freedom Action Foundation.
This article was pretty obviously a targeted hit piece. That’s even more apparent when you consider none of the other MSM outlets, who’d love to be all over a story like this, really touched it. The only other outlets I saw talking about it are Townhall and Brietbart.
Half of hispanics support the concealed carry law in Texas? That seems roughly on par with other polls I’ve seen, not broken down along racial lines. Only 45% of blacks oppose carry, with 33% supporting? I don’t think this paints the picture of such a disaster for the GOP as opponents of these bills are trying to make it out to be.
It seems that Media Matters set their sights on Cam Edwards yesterday, challenging him on biography. See, at one point Cam said he received a resolution from the Oklahoma State House. It turns out it was a citation recognizing from not only the House, but also from the Lt. Governor. Yup, big discrepancy there.
However, their focus is on trying to make him look like he’s a media version of “stolen valor” by claiming an Emmy award. They even got the local executive director to back up the claims, yet Media Matters and the executive director aren’t acknowledging that Cam did actually receive an award giving his name in the honors section for his “significant contribution” on the documentary that won the Emmy. It’s signed by their president and everything.
Now, Cam did take time to update his bio to be more accurate. I mean we don’t want the Media Matters folks to worry their heads about the “Great Oklahoman citation” wording any more. And now it’s clearer that it came from not just the House, but even the Lt. Governor at the time. But more importantly, he did re-word it so it more accurately reflects that his work was part of a team effort that won an Emmy.
As Cam notes, this is part of the effort to keep everyone outraged about everything. Even with evidence presented that raise questions about their accusations (right now, MM is calling the Emmy thing a “lie” on their front page, despite having been provided the evidence that he did receive an honor from them), it’s not about accurately reporting the situation.
The New York Daily News has run a very favorable article on the Gordon Van Gilder case. You read that right, the New York Daily News. They even embedded NRA’s video on it. I’m kind of shocked, because it’s not like the Daily News is on our side, even on a good day. My guess is that the media is likely aware these stories damage Chris Christie. Regardless of motivation, the more people hear Mr. Van Gilder’s story, the more likely he can get a favorable outcome, as Shannen Allen did.
It also lets people know that what New Jersey has are all the “reasonable common sense gun laws” that the gun control crowd promotes, and that New Jersey’s laws are their model for the rest of the country.
Years ago, when I had more time and money to spend a lot of time in DC, I was involved in a range day at Quantico Shooting Club for a major “conservative” (i.e. really libertarian) charitable foundation, and all but a few who attended were completely new to firearms. There were a lot of smiling faces by the end of the day. I am convinced of the value of this kind of thing, even when we would ordinarily think we’re preaching to the choir.
But I do have to say, I’m amused that NRA has who appears to be Lars Dalseide of NRA Blog fame wear a suit even on the range.
Come into he 21st century guys! Kakis and a button up or polo has been the business fashion since at least the 90s. Click on the photo to see the rest of the photos.
(My wife and I are both in agreement on this; we won’t have the little informer in our house).
Incidentally, I find it interesting that you apparently have to break an ingrained more against “tattling” or “telling.” There is something very low-level in our makeup (either social, culturalm or genetic) that works against providing negative information to an authority (be it parental or outside the family unit).
In this era of search-happy security, carrying a knife isn’t just an anachronism; it’s a terrible idea. So let’s retire the term pocketknife, along with the practice it implies. Instead, meet the stay-at-home knife, an all-purpose blade for every place but your trousers.
I carry a pocket knife regularly because it’s a useful tool. The rest of the doohickeys on the knife come in handy on a regular basis as well. Seriously, Mr. Parish, you really need to get out of New York City more often, and see how the rest of the country lives. We do not fear tools in most of the rest of the country. If it’s useful to carry, we carry it. To the rest of the country, you sounds like you’ve lost your damned mind.