Survival: Top 10 Tactical Shotguns

Published: Fri, 06/07/13

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In This Issue:
Brits Defenseless, Want Their Handguns Back By Richard C. Young
The Most Exciting Place to Invest in the World? By E.J. Smith
America’s Grid Vulnerability: One Utility Reports 10,000 Cyber Attacks Each Month By Richard C. Young
The East Asian Miracle is Here By Richard C. Young
Survival: Top 10 Tactical Shotguns By E.J. Smith
The Only State with Negative Economic Growth By E.J. Smith
Does NSA Hold the Data of American Citizens? By Richard C. Young
Why U.S. Secession Movement Matters By Richard C. Young

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New May Client Letter: Investing with Risk in Mind Companies operating in generally safe industries are not always a safe investment. Enron, after all, was classified as a boring pipeline company. Fannie Mae carried the implicit backing of the full faith and credit of the United States. Both companies cost many investors their fortunes. Read more here!

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Brits Defenseless, Want Their Handguns Back

Cheryl Carpenter Klimek at BizPac Review details the results of a poll by The Telegraph in which readers overwhelmingly expressed their support for a repeal of the ban on handguns in the United Kingdom.

Recently the Daily Telegraph put out a request to their UK readers to suggest “Private Member Bills” that they would like to see offered to Members of Parliament. A number of ideas were suggested, including a repeal of the ban on handguns and re-opening shooting clubs.

The Telegraph listed the top six suggestions in an online poll asking readers to vote for the one they most wanted to see debated. In addition to repealing the gun ban, others include a 10 year term limit for Prime Ministers and a flat tax for everyone regardless of income.

The voting began about a week ago, and the numbers are staggering in support of bringing back handguns to the public. The submission reads, “After all, why should only criminals be ‘allowed’ to possess guns and shoot unarmed, defenceless citizens and police officers?”

Looks like the fast money is taking it on the chin. The quarterly earnings crowd is heading for the exits. The Nikkei is down 15% in eight trading days.

At a hedge-fund conference in Las Vegas last month, Michael Novogratz, a principal at New York’s Fortress Investment Group, called Japan “the most exciting place to invest in the world.”

Now, following four stock-market routs in the span of less than two weeks, Japan has become one of the world’s scariest places to invest, and foreign investors are caught in the middle.

After a 512.72-point drop yesterday, as evident on a market display in Tokyo, the Nikkei Stock Average was back to mid-April levels.

Hedge funds and other overseas buyers pumped more than $25 billion into Tokyo’s stock market in the seven months before the Las Vegas conference, according to EPFR Global, which tracks such flows. They were lured by a new government’s plans for radical action to boost Japan’s economy after two decades of stagnant growth and falling prices known as deflation.

The bet paid off big, at first: The benchmark Nikkei 225 index soared 83% over the seven months to late May. Foreigners fell in love again with a market they had long ago left for dead.

Then, the rally turned with a vengeance. The Nikkei sank 7.3% on Thursday, May 23. It fell 3.2% the next Monday, 5.2% the following Thursday and then 3.7% on Monday of this week. It has fallen 15% in just eight trading days. Mr. Novogratz didn’t return phone calls seeking to determine what he has done with his investments.

How will you and your family fare in an extended power outage?

The electric power grid in the United States is highly vulnerable to cyberattacks and other threats, concluded a report issued on Wednesday by Congressmen Ed Markey (D-MA) and Henry Waxman (D-CA).

“More than a dozen utilities” reported that deliberate cyber attacks have occurred daily, with one utility reporting 10,000 attacks each month. The report also focuses on vulnerability to geomagnetic storms. Congressional staff queried 150 power utilities in preparing their findings.

Read more here.

>> read more

The East Asian Miracle is Here

Razeen Sally of the Cato Institute explains how East Asia can keep its streak of economic growth going.

The global financial crisis reinforced a sense that the world is “shifting East”—to Asia. The essential story of modern Asia is its unprecedented expansion of economic freedom, enabled by market liberalization. Economic freedom, however, remains substantially repressed across the region.

There are three key policy challenges to expanding economic freedom in Asia today. The first is to open up financial markets, which remain backward and repressed by command economy controls. The second is to renew trade and foreign-investment liberalization, which has stalled since the Asian crisis of the late 1990s. And the third is to open up energy markets, which, even more than financial markets, are throttled by government interventions.

>> read more

Survival: Top 10 Tactical Shotguns

The Winchester SXP Extreme Marine Defender is number 7 on our list of the Top 10 Tactical Shotguns. The SXP EMD comes standard with a pistol grip, telescoping stock and door breacher choke tube mounted to a chrome barrel. It also comes with side and top mounted Picatinny rails for add-ons. All that chrome is meant to protect the gun in maritime environments, so if you need a boat gun, this one’s for you.

Description:

Receiver – Aluminum alloy; Matte black finish; Drilled and tapped for scope base
Barrel – Matte chrome 18” barrel with hard chrome chamber and bore
Action – 12 gauge, 3” chamber; Pump-action
Stock – Pistol grip stock by ATI Gunstocks; Matte black composite
Features – Sling swivel studs; Rear ghost ring sight integrated into Picatinny scope base (included); Door Breecher choke tube; side mounted Picatinny rails (included) for laser and/or light attachment (not included); Matte hard chrome plating on magazine tube/magazine cap/slide rails

Specifications:

Gauge-12, 3” Shells
Barrel Length-18”
Overall Length-38 1/2″
Length of Pull-13 3/4″
Drop at Comb-2″
Drop at Heel-3 1/2″
Nom. Weight-7 lbs. 8 oz.
MSRP-$579.99

Read Top 10 Tactical Shotguns #6 by clicking here!
Read Top 10 Tactical Shotguns #7 by clicking here!
Read Top 10 Tactical Shotguns #8 by clicking here!
Read Top 10 Tactical Shotguns #9 by clicking here!
Read Top 10 Tactical Shotguns #10 by clicking here!

Watch it in action here.

It’s no surprise that Connecticut is the only state in the country with negative growth in 2012. Businesses and successful retirees are moving to “Red” states where they’re well treated. You would think Governor Dannel Malloy would get his head out of the sand with these awful numbers. The Wall Street Journal reports:

Connecticut was the only state to post negative economic growth in 2012, the latest indication of its sluggish recovery from the recession and the financial crisis.

Connecticut’s gross domestic product shrank by 0.1%, the worst performance in the U.S., according to a U.S. Bureau of Economic Analysis report released Thursday. Job losses in financial services, the real-estate industry and federal, state and local government were the big reasons why.

New Jersey and New York both grew 1.3% and ranked 36th and 37th in the U.S. respectively. The rest of the country grew more rapidly. The nation’s GDP expanded by 2.5%.

The Cato Institute’s Jim Harper supplies some shocking details and asks hard questions that demand answers from the government.

The government is accessing “metadata” about millions of our phone calls. Don’t let the technical-sounding term confuse you. That’s information about who called you, and who you called. It’s what time your conversations happened, and how long your conversations continued. If you’ve made a call in the last few months, if you called a lost love, a counselor, a doctor, psychologist, or psychiatrist, the National Security Agency probably has that information.

The IRS scandal reminds us that government agents don’t always have our interests at heart. IRS agents investigated hopeful non-profit groups aiming to weed out those that might challenge government orthodoxy and power. Who’s to say that there isn’t someone in the NSA — or an entire program in NSA — with these same motives?

>> read more

Why U.S. Secession Movement Matters

In “The Rise of Nullification” in The American Conservative, Kirkpatrick Sale writes, “A state that wants to do things differently from the dictates of the federal government has to start by nullifying the laws it does not want to live under.” Mr. Sale is reviewing Most Likely To Secede by Rob Williams. Sale writes about “resistance to a federal government grown inept, corrupt, overreaching, overlarge, and overintrusive.” The book, according to Mr. Sale, “grows out of a secession movement in Vermont that has been active, off and on, for a decade now.” Sales tells readers, “Nullification acts have been introduced in state legislatures all across the country, particularly in the last few months.”

America’s original anti-federalists were against ratifying the Constitution without a bill of rights and believed most strongly in the primacy of the states. The anti-federalists believed that general government is subordinate to the state governments and that the essential business of government should be done by the states.

The original Articles of Confederation in the preamble wrote of a perpetual union between the States. Article II. notes that each state retains its sovereignty, freedom and independence. Above all, the anti-federalists wanted to protect the rights of the founding states against intrusion by a central government.

Kirkpatrick Sale asks, “If Vermont had been an independent republic all along, would you now vote for it to join the United States? Of course not. It would be unthinkable.”