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Monthly Archives: June 2017

Gun-Control Saves—Or Kills?


GunControl7

courtesy Google Images

Some say Chicago has the most rigid and draconian gun control laws in the country.  Common sense tells us that less guns should translate into fewer shooting.

However—first, commonsense ain’t so common—and, second, Breitbart recently reported that, over our recent Memorial Day weekend, in heavily gun-controlled Chicago,

At least 53 people were shot and wounded and four were killed.

Given that only 4 people died out of the 57 who were shot, I guess the good news is that Chicago shooters aren’t very good shots.  Apparently, only 7% of those who are shot, actually die. I’m sure that the folks down here on Texas could teach those Chicagoans a thing or two about firearms accuracy.

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Posted by on June 11, 2017 in 2nd Amendment, Firearms

 

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An Historic “Hockey-Stick” Moment


HockeyStick4B

The original trend (green line) is fairly flat.  Something happens around A.D. 1971 to cause the second trend line (blue) to accelerate upwards.  That change in trend “velocity” marks the “Hockey-Stick Moment” where something unexpected and powerful suddenly took place.  In this example, President Nixon severed gold’s relationship to the dollar.

GATA love it

According to the “About” page at Gold Anti-Trust Action committee’s website (www.gata.org),

 

The Gold Anti-Trust Action Committee [GATA] was organized in the fall of 1998 to expose, oppose, and litigate against collusion to control the price and supply of gold and related financial instruments. The committee arose from essays by Bill Murphy, a financial commentator on the Internet (LeMetropoleCafe.com), and by Chris Powell, a newspaper editor in Connecticut.

 

Imagine that! GATA—and all that flows from it—started from just couple of “essays”.

As you’ll read, maybe the pen really is mightier than the sword.

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What comes after the welfare state collapses?


WelfareState1ZeroHedge published an article entitled, “Now The Pain Begins: S&P, Moodys Cut Illinois To Near Junk, Lowest Ever Rating For A U.S. State.” The article dealt with Illinois’ growing financial problems.

Excerpts:

Today, in the span of a few hours, two credit-rating agencies (first S&P, then Moody’s) downgraded Illinois bonds to BB+ and Baa3, respectively—both just one notch above junk, the lowest rating ever given to a U.S. state. Both agencies cited Illinois’ long-running political stalemate over a state budget as showing no signs of ending.

S&P warned that Illinois is at risk of soon losing its investment-grade status, an unprecedented step for a state that would only deepen the government’s strain. Bypassing its traditional 90-day review, S&P said Illinois will likely be downgraded around July 1, when the new fiscal year begins, if leaders haven’t agreed on a budget that starts addressing the state’s chronic deficits.

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