How China sets about global economic domination

The White House Office of Trade and Manufacturing Policy has just released a report titled “How China’s Economic Aggression Threatens the Technologies and Intellectual Property of the United States and the World” (link is to an Adobe Acrobat document in .PDF format).  It’s obviously a partisan report, given its source, but even without that, it provides enough links to verify its arguments that it’s hard to dismiss as merely a political perspective.  It makes sobering reading. Here’s how it begins. The People’s Republic of China (China) has experienced rapid economic growth to become the world’s second largest economy while modernizing

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So where do you get the ammunition?

In my review of Ruger’s PC9 carbine, published earlier this morning, I recommended Federal HST 147gr. hollowpoint ammunition as an ideal pairing with the firearm.  That engendered several e-mails from frustrated readers, all saying, in so many words, “That’s all very well, but where do we find that ammo?  Our local dealers don’t have it in stock!” That’s not too difficult.  I’ve bought almost all my ammunition from SGAmmo of Oklahoma for several years, and I’d like to give them a shout-out here.  (No, they’re not compensating me in any way for it, whether in cash or in kind.  I

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An almost ideal home/family defense weapon

For years, my recommendation for a basic, simple home and family defense firearm, for those who are not able or willing to undergo the training necessary to make best use of a different weapon, has been a 20ga. youth-model shotgun.  I discussed it in some depth in this article. However, a new arrival on the firearms scene has led me to update that recommendation.  Ruger introduced its PC9 carbine some months ago, and it’s been selling like hot cakes – so much so that it’s very difficult to get hold of one.  Most gunshops can’t keep them on the shelves. 

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It’s been a bad week for armed robbers . . .

. . . because sometimes their victims are armed, too. 1.  Jacksonville police: Man takes cash register from Walmart, tries to carjack 2 people at knifepoint A man was arrested Friday after he took a cash register drawer from the Walmart at River City Marketplace and then tried to carjack two people at knifepoint. . . . A witness saw Hill get into a silver Ford SUV, but it did not appear to start, so he got out and ran. Police said Hill approached a man who was sitting in the parking lot near Supercuts. Hill asked the man for a

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I couldn’t live there without going nuts

A couple of articles about New York City have had me shaking my head in disbelief, to think of having to live in such a place. First, there’s the cost of accommodation.  Please note the bold, underlined text, which is my emphasis. Tourists have been booking rooms in the 665-room Pod Times Square — a micro-hotel with rooms averaging just 115 square feet apiece — since its January debut on West 42nd Street and Ninth Avenue. . . . The hotel’s collection of “Pod Pads” — 45 apartments available for long-term rents — recently debuted, making Pod Hotels the latest

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Sounds great, but there’s a catch

There was seemingly great news from the Federal Reserve today. Americans’ wealth surpassed the $100 trillion mark for the first time in early 2018, as rising home prices offset the hit to households’ assets from a stock-market swoon in the first quarter. Household net worth—the value of all assets such as stocks and real estate minus liabilities like mortgage and credit-card debt—rose by 1% from the previous quarter, or more than a trillion dollars, to a record $100.768 trillion, according to a report released by the Federal Reserve on Thursday. There’s more at the link. Zero Hedge provided this graphic breaking

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A very worthy new Combat Magnum revolver

Smith & Wesson originally applied the name “Combat Magnum” to their short-barreled Model 19/66 K-frame revolver chambered in .357 Magnum.  It gained a stellar reputation among cops and civilian carriers alike during the 1960’s and beyond.  It’s still being made. However, Smith & Wesson have now introduced another “Combat Magnum”, this time chambered for .44 Magnum.  It’s a short-barreled variant of their Model 69, an L-frame, five-shot revolver. For those of us who remember the long-out-of-production Model 696, a 5-shot L-frame revolver chambered in .44 Special, the new revolver is a thing of beauty.  Its barrel is only ¼” shorter

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Where housing goes, so goes the economy?

We need to be paying closer attention to what’s happening beneath the surface of the housing market.  It’s beginning to look a lot like 2007. On the surface, things look great.  We see headlines such as: Millennials Help Sustain Twin Cities Housing Market Boom Real estate CEO: Record-low housing inventory is ‘freaking us out’ Houses selling fast: ‘If you wait, boom it’s gone’ Building to a boom: Subdivisions filling in quickly as real estate market rebounds However, below the surface, there are worrying signs – and they have to do with buyers, not sellers.  Two articles in recent weeks have

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Wealth is in the eye of the beholder

There are clearly very different standards of what constitutes “wealth” when it comes to owners and bankers.  In two recent articles, Bloomberg makes the distinction clear. In the first article, “How Much Money Do You Need to Be Wealthy in America?“, those who own the money (or whatever) reveal their standard of measurement. To be financially comfortable in America today requires an average of $1.4 million, up from $1.2 million a year ago, according to the survey. The net worth needed to be “wealthy”? That’s an average $2.4 million, the same as last year in the online survey of 1,000

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