The early 20th century saw a number of small-caliber pistol cartridges developed, in an attempt to get better performance than the large, slow revolver and pistol cartridges that remained popular with many military and civilian shooters. While .30-caliber cartridges such as the 7.62x25mm Tokarev became popular in some areas, 9mm cartridges quickly became the most […]
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The bad news just keeps getting worse and worse. After a 100-basis point rate cut and $700 billion in quantitative easing, the Federal Reserve has announced that it is opening up a new Commercial Paper Funding Facility (CPFF) to provide a bailout of commercial paper markets. The new special purpose vehicle (SPV) will purchase commercial […]
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Another Fed move, another day of collapsing stock markets. The Federal Reserve on Sunday evening announced its third consecutive unscheduled monetary policy move, making a 100-basis point cut to its target federal funds rate, cutting to a level of 0.00-0.25%. So after only a couple of years in which interest rates never even got back […]
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Americans like to think of themselves as a free people. We enjoy freedom of religion, free speech, the right to bear arms, and other rights that billions of people around the world can only dream of exercising. Yet here we are, cowing like slaves to the demands of governments that are using the threat of […]
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The phrase “No one expects the Spanish Inquisition” has become a popular meme in the internet era, playing off its popularity as the catch phrase in a Monty Python skit. For our times, maybe it should be changed to, “No one expects the Federal Reserve,” since the Fed seems to be intent on making important […]
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Last week the Federal Reserve made waves in markets by announcing that it would immediately offer $1.5 trillion in funding for repo markets. While that made for a nice stock market bounce in the immediate aftermath of the announcement, it couldn’t keep stock markets from losing the most points in a single day in their […]
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Listening to the wailing of those who want to ban guns, many gun owners may be tempted to laugh hysterically. These gun banners, very often soccer mom Karens, don’t know the first thing about guns. What little they do know about guns they seem to get from Hollywood films, where magazines never run out of […]
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The bad news just keeps getting worse for investors, as stock markets continue their slide. The Dow Jones lost 10% today, dropping over 2,350 points to end the day. Not even an unprecedented monetary policy action by the Fed was able to stop the loss, so investors who are trying to stick to stock markets […]
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There was once a time when shotshells came in all sorts of different sizes. Carrying over from the days of blackpowder, when shooters fit projectiles to whatever diameter barrel bore they bought, the heyday of shotshell variety may very well have been the late 19th century. Oddball calibers like 11 gauge, 13 gauge, and 14 […]
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After last night’s Democratic primaries, things aren’t looking so hot for Bernie Sanders, once the presumptive nominee for the Democratic Presidential nomination. Joe Biden currently leads Sanders in the delegate race, about 860 to 710. That’s not an insurmountable lead, but the change in momentum that occurred after Super Tuesday is looking to favor Biden […]
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