Congratulations President Obama on your Second Term

From now on, the economy is the fault of the president who served the last term, yes, that would be YOU!!!!!

No more blaming the last president Mr. Obama. You served an entire term. Anything thus first that is blamed on Bush I am going to tell to go screw !@$%

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Published in: on January 21, 2013 at 12:25 pm  Comments (2)  
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Is the $1,000 Glock in the near future?

How about the Ruger SR-$900

There is an article on Yahoo regarding automobile prices. Essentially, it says “No, we’re not crazy. Automobiles prices are very high.”

In 2009 I lost my job, I had approx. 2 years left on a 5 year vehicle loan for my Dodge Durango. We sold it, it’s hard to pay for without a job.  In high site, I’d have done things differently. But hindsight is seldom available as foresight.

If you look in the graph of the article, you will see 2009 as a huge drop in vehicle price. Yup, that was when we had to sell.  2009 was a perfect storm for cheap cars: millions out of work selling their cars cheap, near bankrupt auto-makers, a glutt of cars from nearly all manufacturers, the Cash for Clunkers (also known as give money to the rich to buy cars and !@#$% over the poor by destroying the used car market).

Now we’re in a time of lower production, small inventory, and a used car market that is outrageously expensive.  This looks to be a very profitable window for automakers but a far more wallet busting one for the average Joe. Who’s buying power has dropped while expenditures have gone up in every way.

Frankly, I don’t expect it to change anytime soon. And us Americans probably need to face the music. Costs are going up. 

In the gun community, we often make references to the “tupperware” guns (Glock, XD, SR-9, numerous other mass produced polymer firearms) versus the more classical 1911 and other $1,000+ guns.

Interestingly, we’ve seen an decrease in price of those higher end guns recently as more larger manufacturers moved into production (S&W, Ruger, etc, all offering 1911 based models).  But that’s party economy of scale.  The “tupperware” guns have pretty much stayed around the $450-$550 price mark. I think over the next 5 years or so we are going to see that trend move up.
Just like ammo did a few years ago. The shortage ended, and prices fell slightly, but never back to the old levels.  A box that cost $20-$25 now costs $35.  A $10 brick of .22 is now $15. A $30 box of premium ammo is now $40-$50. The price of ammo will never return to the pre-jump prices.  The manufacturers learned what we were willing to pay. And they’re happy to have the extra profit margin.

How can we expect that not to happen with the average Joe firearms as well?

1. Costs are going up, even for manufacturers. Metals and non-plastic materials have increased in price.

2. There is a larger sales volume and lot more “new” gun owners who have no recollection of paying $300-$400 for a firearm. $600 seems reasonable, that’s what all the other models are priced at.

3. Newer designs often bring about a small premium.  Legislation for CA/MA models necessitates re-designs.  Increasing firearm costs.

And while inflation is always a continual cancer eating away at our buying power. I think the next 5 years is likely to see a shift up for the average Joe firearms. Ironically, I think the fancier ones might see reduced prices.  This is off course just speculation.  But I would be surprised to see a jump up to a $600 street price on “tupperware” guns.

The one good side, is we’re very unlikely to see a “cash $$$ for clunkers” program from the Federal government for firearms.  Don’t expect Uncle Sam to exclaim “Bring in your old broken firearm, your revolver with timing off, your misfiring rifle – and receive $100 off your purchase of a new firearm.”

So at least the firearm prices will be affected merely by market pressure, economy, and manufacturing costs.

However, if you’re (un)lucky enough to live near a big city like Philadelphia. You might be able to trade that broken pot metal gun in your drawer for a gift card to put toward a new quality firearm thanks to their gun buyback programs.

Published in: on February 14, 2012 at 4:04 pm  Comments (2)  
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Is Romney really THIS stupid?

“‘You know, I think it’s about envy. I think it’s about class warfare,’ the leading Republican presidential candidate said Wednesday on The Today Show.” (See Article)

While there is class warfarism, and it is played heavily in politics. I think the Republican candidates need to quit with the universal deniability.

When Hermain Cain said “they just need to go out and get a job”. He demonstrated how far he was from reality. Romney is doing the same here. When McDonald’s had their “hiring spree” last year, they hired 62,000 new employees (probably at $8/hr). But the scary part was that they received something around 980,000 applications. That means nearly a million people were unable to get a job even at the largest fast food chain.

The stark reality is that most of those 900,000+ individuals need a job that pays better than an entry level fast food wage in order to survive and provide for their families. Could you live on $20,000 a year? And that’s assuming a $10/hr wage with a 40 hour week. I can bet you most of those 60,000 new hires did not see that. Most probably received an $8-$9/hr and were probably allocated part time hours scattered every which way of the week.

Meanwhile, the middle class and the working class have seen their places greatly eroded. The role of company man, working 30+ years and retiring with a pension is gone, and has been gone for a while. We were sold the 401K/IRA retirement funds.

Many saw those savings decimated, especially those close to retirement. Most of us never saw the promised gains. I started my retirement fund immediately after the dot com stock crash. I bought low, and should have seen good growth over the decade before the next downward cycle. But it never materialized. And for many, what little growth they had in the retirement savings was cashed out during prolonged periods of unemployment, leaving many individuals with a meager present and a bleak future.

Meanwhile, we reportedly see CEOs of failing & bailed out companies receiving huge bonuses. We see banks adding fees and engaging in unscrupilous practices. The truth is that the deck is stacked against the workers. And people are frustrated that their retirement funds have been decimated, their home values deciminated, their net worth, incomes, savings all decimated. While the elite are earning higher profits than ever.

THINGS NEED TO CHANGE

I am all for capitalism, but I am also for stiff protections against fraud, theft, and unscrupolous practices. I believe that is the only true role of government in commerce.

So no Mr. Romney, this isn’t just about envy. It’s about frustration. it’s about a deck that is pretty well stacked in your favor, and the favor of other uber-elites.

A simple example. Take the Social Security tax (and that’s what it is, a tax and nothing more). All the elite get to stop paying at $250,000. Why? Why do we have a tax that ends when you make enough money?

For Mr. Romney to be so out of touch with the average working American, shows an inability on his part to perform the role of President of the United States.

We can admit that there are serious flaws in our system without blaming it on capitalism. But we can’t laud capitalism and blame the current problems that exist in our system merely on envy. If you can’t even see the problems Mr. Romney, how can you fix them?

How can we tell people to just quit being lazy and get a job, if a hundreds of thousands of people couldn’t even get a job at McDonald’s?

Published in: on January 13, 2012 at 3:37 pm  Comments (2)  
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