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UPDATE http://www.thetruthaboutguns.com/2015/08/foghorn/colt-to-bankruptcy-court-guarantee-execs-bonuses-terminate-employees-salaries/ Colt to Bankruptcy Court: Guarantee Execs’ Bonuses, Terminate Employees’ Salaries By Nick Leghorn on August 25, 2015 Colt is dying a slow and very public death. Once a major firearms manufacturer, the storied gunamker lost their government manufacturing contracts to FN and others, gradually ran out of cash and filed for Chapter 11 protection in June. Now the end is near, and the very same people responsible for the terrible decisions that drove Colt to bankruptcy are asking a judge to secure their multi-million dollar golden parachutes. At the same time they are trying to weasel out of a provision that would keep them paying their union employees until the end of their contract. From The Courant . . . Colt Holding Company is asking a bankruptcy judge to approve golden parachutes that could be as high as a full year’s salary for nine top executives. […] Colt’s request, totaling millions of dollars, comes as the company is trying to wipe out $350 million in debt that it owes to creditors, chiefly bondholders. The company is also trying to break a provision in the union contract that guarantees the rank-and-file production workers — about 500 members of the United Auto Workers union — can keep their current compensation through the end of their contract in March 2019. […] If all nine received the top of the bonus range, it would total $2.53 million. Whatever happens to Colt in its current form, someone will probably take control of the brand and seek to reinvigorate it. Fans of the legendary Python shouldn’t hold their breath; the skills and tooling needed to make the revolver a reality once again are long gone. Current Colt employees, however, should hold theirs. The new owners will most likely hire back at least some of the workers. One would hope.
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UPDATE http://www.thetruthaboutguns.com/2015/08/foghorn/colt-to-bankruptcy-court-guarantee-execs-bonuses-terminate-employees-salaries/ Colt to Bankruptcy Court: Guarantee Execs’ Bonuses, Terminate Employees’ Salaries By Nick Leghorn on August 25, 2015 Colt is dying a slow and very public death. Once a major firearms manufacturer, the storied gunamker lost their government manufacturing contracts to FN and others, gradually ran out of cash and filed for Chapter 11 protection in June. Now the end is near, and the very same people responsible for the terrible decisions that drove Colt to bankruptcy are asking a judge to secure their multi-million dollar golden parachutes. At the same time they are trying to weasel out of a provision that would keep them paying their union employees until the end of their contract. From The Courant . . . Colt Holding Company is asking a bankruptcy judge to approve golden parachutes that could be as high as a full year’s salary for nine top executives. […] Colt’s request, totaling millions of dollars, comes as the company is trying to wipe out $350 million in debt that it owes to creditors, chiefly bondholders. The company is also trying to break a provision in the union contract that guarantees the rank-and-file production workers — about 500 members of the United Auto Workers union — can keep their current compensation through the end of their contract in March 2019. […] If all nine received the top of the bonus range, it would total $2.53 million. Whatever happens to Colt in its current form, someone will probably take control of the brand and seek to reinvigorate it. Fans of the legendary Python shouldn’t hold their breath; the skills and tooling needed to make the revolver a reality once again are long gone. Current Colt employees, however, should hold theirs. The new owners will most likely hire back at least some of the workers. One would hope.
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According to TTAG: http://www.thetruthaboutguns.com/2015/08/robert-farago/confirmed-walmart-stops-selling-ar-style-rifles-and-personal-protection-shotguns-responding-to-church-lawsuit/ CONFIRMED: Walmart Stops Selling AR-Style Rifles and “Personal Protection” Shotguns. Responding to Church Lawsuit? By Robert Farago on August 25, 2015 We’ve spoken with the Pratt, Kansas Walmart [not shown] regarding reports that the store had stopped selling AR-style rifles and certain shotguns. We can confirm that Walmart HQ sent the store – and others around the country – an email stating that the retail giant would not be replenishing inventories of AR-style rifles and “personal protection shotguns.” The communication went out in March. (How this story flew under the radar is a miracle of modern PR.) Again, we’re awaiting official confirmation from Walmart, along with the reasoning behind their decision. Meanwhile, the end of Walmart AR-stye gun sales may have something to do with a related development last March when . . . Trinity Church filed a lawsuit in Manhattan’s Third Circuit Court of Appeals. The lawsuit challenged Walmart’s refusal to allow a shareholder vote on Trinity’s proposal to stop sales of, you guessed it, AR-style rifles and “non-hunting” shotguns. From the Episcopal church’s website: The proposal asked that Wal-Mart’s Board of Directors oversee the development of policies to guide management’s decision whether or not Wal-Mart should sell products that are 1) especially dangerous to the public, 2) pose a substantial risk to company reputation and 3) would reasonably be considered offensive to the community and family values that Wal-Mart seeks to associate with its brand. For instance, the decision to sell guns equipped with high capacity magazines seems inconsistent to Trinity (and we presume like-minded shareholders), given other merchandising decisions that Wal-Mart has made to protect its reputation and the public . . . To be clear: ours was not an “anti-gun” proposal, nor a proposal to end the sale of certain products. We simply asked that shareholders be allowed to consider whether the Board has an obligation to assure that the company’s standards and values are uniformly considered and applied when the sale of certain products can have momentous consequences. Note: in April, a federal judge tossed the lawsuit, preventing the proposal from going to a vote at Walmart’s shareholder meeting. Even so, did Walmart have a sudden change-of-heart/cut a secret deal with Trinity? Meanwhile, back in Pratt, the salesperson tells us she sold their last Bushmaster AR-15 last week. The town’s local gun store should be over-the-moon. As well as the civilian disarmament industrial complex.
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Walmart Getting Out Of AR and Pistol Accessories
runco replied to Moped's topic in Firearms Gear and Accessories
According to TTAG: http://www.thetruthaboutguns.com/2015/08/robert-farago/confirmed-walmart-stops-selling-ar-style-rifles-and-personal-protection-shotguns-responding-to-church-lawsuit/ CONFIRMED: Walmart Stops Selling AR-Style Rifles and “Personal Protection” Shotguns. Responding to Church Lawsuit? By Robert Farago on August 25, 2015 We’ve spoken with the Pratt, Kansas Walmart [not shown] regarding reports that the store had stopped selling AR-style rifles and certain shotguns. We can confirm that Walmart HQ sent the store – and others around the country – an email stating that the retail giant would not be replenishing inventories of AR-style rifles and “personal protection shotguns.” The communication went out in March. (How this story flew under the radar is a miracle of modern PR.) Again, we’re awaiting official confirmation from Walmart, along with the reasoning behind their decision. Meanwhile, the end of Walmart AR-stye gun sales may have something to do with a related development last March when . . . Trinity Church filed a lawsuit in Manhattan’s Third Circuit Court of Appeals. The lawsuit challenged Walmart’s refusal to allow a shareholder vote on Trinity’s proposal to stop sales of, you guessed it, AR-style rifles and “non-hunting” shotguns. From the Episcopal church’s website: The proposal asked that Wal-Mart’s Board of Directors oversee the development of policies to guide management’s decision whether or not Wal-Mart should sell products that are 1) especially dangerous to the public, 2) pose a substantial risk to company reputation and 3) would reasonably be considered offensive to the community and family values that Wal-Mart seeks to associate with its brand. For instance, the decision to sell guns equipped with high capacity magazines seems inconsistent to Trinity (and we presume like-minded shareholders), given other merchandising decisions that Wal-Mart has made to protect its reputation and the public . . . To be clear: ours was not an “anti-gun” proposal, nor a proposal to end the sale of certain products. We simply asked that shareholders be allowed to consider whether the Board has an obligation to assure that the company’s standards and values are uniformly considered and applied when the sale of certain products can have momentous consequences. Note: in April, a federal judge tossed the lawsuit, preventing the proposal from going to a vote at Walmart’s shareholder meeting. Even so, did Walmart have a sudden change-of-heart/cut a secret deal with Trinity? Meanwhile, back in Pratt, the salesperson tells us she sold their last Bushmaster AR-15 last week. The town’s local gun store should be over-the-moon. As well as the civilian disarmament industrial complex. -
That is a very fine rifle there. All of my nice guns have a sock to keep the dings away in the safe.
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I had a business trip yesterday in a car with Satellite radio. I listened to too much commentary yesterday. One thing is for sure, 100% of the experts says to be patient. That got me to thinking, do experts ever say sell, sell, sell. I don't think so. They said patience too in 2008 and 2009, and I took over 60% beating on my 401K, now I fully recovered in 2010, but I think these people are no more of expert and those grannys on the nickel slots who just keeping popping nickels in.
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No disagreement in this camp with that information.
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Folks we cut the chord 2 years ago this month, after being plugged into cable/satellite since I was a boy that was 30+ years ago. It was tough that first few weeks. Today we never miss it. As I posted in the other thread from January of this year: We thought we had to have cable (satellite) too, but 18 mos later, probably the best decision we have made. We actually watch the DVDs we have in our collection. We actually do have more family time, and we do watch Amazon prime, and lots of stuff on Youtube. We have re-discovered shows like Gunsmoke and many more. I admit, I miss ESPN, but what we gained in other areas, we don't miss it that much. So we are about $1,800 saved now. The only thing we have to show, is money. Before it was just check mark that we watched X @ $100 month. We do have local digital programming of which we have close to 20 channels FREE, FREE, FREE. Did I mention it was FREE! The only correction I need to make to my post, we have now saved about $2,400.00. Yea baby!!!! :pleased: That's a AR, 1911, another AR, another 1911.....
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UPDATE: My local walmart is now sold out, and tags for where the rifles were, are all now gone, an end of era has come. Talking to someone in sporting goods tonight, she said that about Tuesday this past week, they reduced all black gun clearance items another 25 to 50%. She said they had a 308 AR that went for $400, that had been well over $1200 just a couple of weeks ago. I hope some TGO'ers got'em! :cry:
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Barb wire?
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When I was new FFL dealer in 1994, one of my first major purchases was 100 Chinese SKS from SOG @ a whopping $2900.00. I grieved myself of the risk I was taking, I sold each and everyone within 2 weeks at 35% markup, and I was pleased. Bought many more after that. SOG and SKS are special to me :up: .
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A couple of fascinations to me on the Glocks: They are proven, a great majority are with our police departments. If they are good enough for them, good enough to me. Unlike my Sigs, if I drop my Sig, I look to see the new scuff mark, but my Glocks I just don't care if they drop and get scuffed (just don't try to catch one that is falling). Glocks are kinda like deciding to take the pretty girl to the prom, or the ugly one. Whereas the Sig is the pretty girl, and Glock the ugly one. At least you know the ugly one will put out every single time. Who cares if she is ugly. The platform trigger is consistent regardless of caliber. Cheaper than Sigs! Finally, I accidentally got in to Glocks with my first purchase 20 years ago as a Police Trade in from CDNN out of Texas, 17 gen2. It was in great shape, and immediately became a my truck gun for over 10 years, without one time ever being cleaned, or cared for. Then one day I just decided to collect gen2 pieces. Now I have amassed a respectful collection even with the hard to find gen2 31 and 32 which are regarded has holy grails in gen2 discussions with only 2,000 ever made. Can you believe an actual Glock collector? However, at the end of the day, If I had to choose between a glock or a Sig, no question to me the Sig wins hands down (P series that is). My P220 then my P228, P6, and so on in that order.
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This is where I am at. However I am into glocks, sigs, colts, .................
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Blowing the dust off this one, obsession with guns is a disease I live with every day! Will it ever stop.
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Do you mean these: http://www.ebay.com/sch/i.html?_from=R40&_trksid=p2050601.m570.l1313.TR4.TRC2.A0.H0.XCCW+BADGE.TRS0&_nkw=CCW+BADGE&_sacat=0
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You need a little Johnny Paycheck or a little Twisted Sister. You know, take this job and shove it............or We are not going to take it..................now is the time to look while that check if coming in. Not sure if this is your area, I hear ALCOA was hiring for production workers. Great benefits and great wages. I don't work there, but 80% of family does or is retired from there.
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I agree with Dolo, but I normally do not shoot when its hot. That is my solution. No risk here.
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Remaining Goverment Stock WWII 1911 To Be Sold To the Public
runco replied to runco's topic in Handgun Carry and Self Defense
Even though these handguns were made before 1945, even though they were widely used in the US Army up till the M9 replaced them in the 80s, I would want one really really bad, and even if the price was high say $1000+, I would find a way. I would say they are not all Colts based upon the fact they were made before 1945. When there is a will, there is a way. -
When in doubt, mumble; when in trouble, delegate; when in charge, ponder. James H Boren So are you in charge with your charges? No pun intended. :rofl:
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When the car shows moved from Gatlinburg to Pigeon Forge I think in 1981 or 1982, it sure was a wild wild west atmosphere. Today they are more tame. Love the car shows. In 84, I was 16, this is when there were burn outs on the strip about every 100 feet, no joke, the crowd got a greyhound bus to do a burn out. It was the coolest thing I ever saw outside true pro streets doing burnouts on the parkway.
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I heard Sunday about a big announcement from Danica, thought she might be pregnant, guess not, here is the bub bub: http://www.nascar.com/en_us/news-media/articles/2015/8/18/danica-patrick-2016-sponsorship-announcement-natures-bakery.html Danica Patrick and Stewart-Haas Racing welcomed a brand new sponsor to NASCAR Tuesday, announcing that Nature's Bakery will be a multi year primary sponsor on Patrick's No. 10 Chevrolet beginning with a 28-race deal in 2016. Not only is it truly a natural fit between the company and Patrick, the partnership announcement ends a very brief sponsorship search -- by NASCAR standards -- for one of the sport's most famous drivers. Patrick, 33, unveiled the No. 10 Chevy's unique bright blue livery Tuesday at the team's North Carolina headquarters, saying that the car color would stand out on track and joking it "is going to look great against my skin tone." Equally as significant, team co-owner Tony Stewart confirmed a multi year contract extension for Patrick, who has driven for SHR in all three of her full-time Sprint Cup Series seasons. Sitting alongside Patrick and Nature's Bakery executives, Stewart referred to Tuesday's dual announcements as "a great time in our sport." "I feel like our brands align so perfectly, it's kind of amazing," Patrick said. "I think that journey is going to be really fun. I think there's going to be lots of exciting things that we can do together in the future. "Of course, on top of that, being able to re‑sign with Tony and here at Stewart‑Haas is very important to me. I really, really do feel like family here. I feel like there's nowhere else I want to be. I'm just fortunate enough that I didn't have to look anywhere else, that I get to stay, and that I have a great new sponsor." The Nature's Bakery slogan, "Energy for life's great journeys" couldn't be more apropos with its sponsorship of one of NASCAR's biggest stars. The entrance into NASCAR comes as a great new journey for the family-owned company, which makes a healthy assortment of "on the go snacks" including gluten-free, dairy free and kosher baked goods. RELATED: See Danica's paint scheme for Darlington Patrick said she had already been a fan of the product, which has sales in 22 countries with plans to nearly double that in the next two years. "This is a dream come true,'" said Nature's Bakery founder Dave Marson. "We've been NASCAR fans for 20 years. To be able to take what we do, make better‑for‑you foods, combine that with a love of NASCAR, I mean, this is special. I'm really enjoying this." Marson also acknowledged the company's health-conscious philosophy seems like a genuinely "authentic" partnership with Patrick, who has long been a proponent of a healthy lifestyle from her cooking to her love of yoga, which is well documented through her social media channels. "I've always used that as a way to get to know me off the track," Patrick said. RELATED: GoDaddy to end primary sponsorship after this season "I think all you have to do is look at that and that is what lines up perfectly with Nature's Bakery. It's energy for your journey. It's going out on a hike with (her dog) Dallas, doing Yoga at home, doing CrossFit and needing energy for that. "It's traveling. I mean, I'm always on the road. I always need things that are quick and handy. You guys all know that, too. Spending time on the road, you need snacks. Between that and their open‑mindedness to exploring all different kinds of ways we can work together, they have big dreams and they want to align them with me and make them work with me." It will be the start of a new era for Patrick who has six top-10s and has led 27 laps in 105 Sprint Cup Series starts dating back to a 10-race 2012 season. She most famously won the pole position for the 2013 Daytona 500, becoming the first woman to do so. Her eighth-place finish in that event is also the best ever for a female competitor in the "Great American Race." This season, Patrick has two top-10s, with a best finish of seventh at Martinsville Speedway in March and is ranked 21st in the standings with three races remaining to set the 16-driver Chase for the NASCAR Sprint Cup playoff field. Her goals going forward with Nature's Bakery aren't any different than they were with GoDaddy. "It's to continue to improve," Patrick said. "There's not a marker for that necessarily. I mean, the results just have to keep getting better and better. "For instance, there was emphasis after Indianapolis to get better at race starts. That's just what I've done. It's always evolving. You make something else better, something else shows up. But it's a work in progress. I think that for most of your career as a driver, you continue to get better and learn. "But it's always working in that direction. Sometimes it's moving faster than other times, sometimes moving a little bit slow for what I want. But I think that it is going in the right direction, and that's all I can ask for. WATCH: Danica, Nature's Bakery align 'perfectly' Off the track, Patrick's nine-year relationship with GoDaddy has been mutually beneficial -- helping make the company a household name while helping propel Patrick to crossover fame, thanks to starring roles in the company's national commercials. Patrick has appeared in 13 Super Bowl commercials -- the most of any celebrity. And it's reasonable for Nature's Bakery -- which has 420 employees and manufacturing facilities in two states -- to expect similar big things in its new relationship with one of the most marketable professional athletes in the world in the country's most popular form of motorsport. "You can look at the size of our company and say we're either the up‑and‑coming guy who is going to be the next Fortune 500 company, and that's what we plan on being," Marson said. "We're taking and leveraging this opportunity with NASCAR, the NASCAR fan base, to look at our products and to grow and become one of those Fortune 500 companies. "We thank Stewart‑Haas Racing and Danica for believing us. We came to them with an idea and a dream. We said, 'We are the new up‑and‑coming company. Look at us and we'll show you what we can do.' They believed in us. "We really look forward to the opportunity."
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No one at work knows how serious I am on guns, they may suspect, they have not proof, but I have never acquired a gun on company property. Now I do answer some gun questions from time to time, so that is the only hint anyone may know. I will say Thank you Tennessee for the parking lot bill though!
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Walmart Getting Out Of AR and Pistol Accessories
runco replied to Moped's topic in Firearms Gear and Accessories
Walmart in Madisonville had two colts about 24 hours ago. One was the $699 and the other $899. That is about 45 mins. from your area. Call before you drive. -
Reminds me of when I was a kid. We were so poor growing up, I wanted a watch for Christmas..........................Mom and dad let me! That is how poor we were.
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There is no winning, I was screamed at for leaving the lid down once, I guess when you have to pee and its 3am and dark, and you have to go, you go, but the splatter sure does go everywhere.