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Guns Are The New Greece

Tyler Durden's picture





 

Just over a year ago:

  • METLIFE SAYS `NO MATERIAL EXPOSURE' TO GREECE - BBG

Just over a few seconds ago:

  • METLIFE SAYS `NO MATERIAL EXPOSURE' TO GUN MANUFACTURERS - BBG

How the times change. Does this mean that the ECB now accepts 44 caliber hollow points as Tier 1 collateral?

 


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Tue, 12/18/2012 - 18:56 | Link to Comment The Shootist
The Shootist's picture

LOL -what will Smith & Wesson and Ruger do with all the cash they're raking in? They'll have to shove it under the mattress I guess.

Tue, 12/18/2012 - 18:59 | Link to Comment otto skorzeny
otto skorzeny's picture

their stocks have been pretty beat up for the last few days. may have seen their highs for awhile

Tue, 12/18/2012 - 19:02 | Link to Comment The Gooch
The Gooch's picture

The difference between owning "stocks" and "stock" is important here.

Tue, 12/18/2012 - 20:47 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Does this mean that the ECB now accepts 44 caliber hollow points as Tier 1 collateral?

Speaking pragmatically, it appears that, absent the presence of collateral-proof glass and/or the deployment of Tier 1 anti-collateral vests, the de facto policy at all banks is likely to be one of acceptance.

Tue, 12/18/2012 - 21:51 | Link to Comment TBT or not TBT
TBT or not TBT's picture

Well, the other problem is the uh, metric system.   

Millimeters, folks, unless you are talking some old brit caliber.  Excuse me, calibre.   Or is it calibur.   Calibour?    Anywhoo.

Tue, 12/18/2012 - 19:44 | Link to Comment CH1
CH1's picture

But the military industrial complex is still Holy, right?

Tue, 12/18/2012 - 20:04 | Link to Comment The Gooch
The Gooch's picture

I think you meant "wholly".

Tue, 12/18/2012 - 20:08 | Link to Comment Uncle Remus
Uncle Remus's picture

depnding on your perspective, "Holy" works.

Tue, 12/18/2012 - 20:19 | Link to Comment The Gooch
The Gooch's picture

Interesting times.

Holy City

Tue, 12/18/2012 - 20:52 | Link to Comment j0nx
j0nx's picture

Not for long. Money talks. Bullshit walks. When the sales figures come in next month we will see how long their stock stays low. The morality of 99 out of 100 people goes right the fuck out the window when there's money to be made. Something also tells me that 99% of CONgress critters are invested in gun stocks. I'd love to see Pelosi's portfolio...

Tue, 12/18/2012 - 19:42 | Link to Comment Slightly Insane
Slightly Insane's picture

Nawww,  Bill Ruger and the holding company for S&W should be establishing a "new" cartridge company.  Do you know that they can't keep ammunition on the shelves.  It's the new "gold".  I would expect Bill Ruger to develop their own holsters for carry conceal, and a new line of Ruger appearal called "Bullet Proof" made from Kevlar.  Everyone, and I mean every sane person will come to realize that the police force in the US of A is incapable of providing a modicum of protection and that everyone's safety is a "personal responsibility".  If you wish to remain a "non-hostage", you will elect to arm and educate yourself.  When God is stripped from the schools and every public and government institution .... you can expect that crazy a-holes will attempt to either hurt you or the ones you love, and the proper response .... well you know what it is. 

Tue, 12/18/2012 - 20:02 | Link to Comment Freddie
Freddie's picture

Huh?  Bill Ruger?  Is this the son of the old man who passed away?  When the old man passed awaay - the company expanded their line up to carry pistols and AR 15s. Old man Ruger made a mistake by staying out of those markets to avoid regulatory hassle.  They have done very well with the expanded product line.

Wed, 12/19/2012 - 10:52 | Link to Comment aerojet
aerojet's picture

What the fuck did not allowing religious worship in schools have to do with a deranged person killing some people at a school?  Do you read what you write and how crazy it sounds?  If you want to rant about "gun-free zones" that's spot on, but then making some crazy segue into religion just paints you as a nutjob.

Tue, 12/18/2012 - 19:43 | Link to Comment ACP
ACP's picture

I'd take .44 HP over a Greek Bond any day. And I don't even own a .44.

Now that I read what I just wrote, it actually sounds kind of like some weird sex thing.

Tue, 12/18/2012 - 20:06 | Link to Comment Uncle Remus
Uncle Remus's picture

Kink-eeehh

Tue, 12/18/2012 - 20:06 | Link to Comment Freddie
Freddie's picture

God forbid that Met Life might invest in manufacturing companies that create jobs.  Better to invest in paper pushing fraud companies that create nothing.

Tue, 12/18/2012 - 21:17 | Link to Comment ball-and-chain
ball-and-chain's picture

I don't own a gun.

My wife has a temper.

I'm afraid she'll blow my head off.

But what's to prevent her from impaling with a butcher knife?

I see both sides of the argument.

Peace.

http://www.angrysinner.blogspot.kr/2012/12/wednesday.html

Wed, 12/19/2012 - 10:52 | Link to Comment aerojet
aerojet's picture

Tell that biatch to go make you a sandwich.

Tue, 12/18/2012 - 18:54 | Link to Comment HedgeAccordingly
HedgeAccordingly's picture

BTFD ? .... kass is long. gundlach is in cash, Thstreet.com who knows.

jeffry calm like cucumber http://hedge.ly/UAGQvU

Tue, 12/18/2012 - 19:01 | Link to Comment otto skorzeny
otto skorzeny's picture

the dip of what?gold?

Tue, 12/18/2012 - 19:13 | Link to Comment knukles
knukles's picture

Cramer's buying accounting firms...

Tue, 12/18/2012 - 18:56 | Link to Comment buzzsaw99
buzzsaw99's picture

i guess it is still too early for the shoots through schools johnny dangerously video clip?

Tue, 12/18/2012 - 18:58 | Link to Comment buzzsaw99
buzzsaw99's picture

what the hell, the 88 MAGNUM bitchez

http://www.youtube.com/watch?v=Ew52P7MupN4

Tue, 12/18/2012 - 19:00 | Link to Comment Conman
Conman's picture

How soon till we get this headline?

 

  • METLIFE SAYS `NO MATERIAL EXPOSURE' TO U.S. BONDS - BBG
Tue, 12/18/2012 - 19:14 | Link to Comment spastic_colon
spastic_colon's picture

never happen....in order for the greece and guns announcement, the following conversation happened.

 

POTUS et. Al - "in order to continue to recieve federal funds etc. you need to renounce Greek Bonds

 

....rinse and repeat with anything you want instead of Greek Bonds.

Tue, 12/18/2012 - 21:01 | Link to Comment Tsunami Wave
Tsunami Wave's picture

Ahhh MetLife... my former employer.

Tue, 12/18/2012 - 19:02 | Link to Comment Neethgie
Neethgie's picture

So it just proves they are stupid, look it might not exactly be clear cut and ethical, but having no exposure is cutting off a money maker, its only like porn..

With obama's reelection the talk of gun control, id expect people to rush and buy MORE with anticipation.

Tue, 12/18/2012 - 19:04 | Link to Comment Rainman
Rainman's picture

MetLife is in the life insurance biz. Moar guns = moar suicides = moar exercise of suicide clause = MOAR PROFIT. I don't get it.

 

 

Tue, 12/18/2012 - 19:10 | Link to Comment Dr. Engali
Dr. Engali's picture

Met life .. We have no exposure to gun manufacturers because the drone manufacturing is where the money is.

Tue, 12/18/2012 - 19:15 | Link to Comment kill switch
kill switch's picture

Doc, it's nice to see that you keep things in prospective!! fucking drones joy sticked by Adam Lanza types..

 

The kill wsitch

Wed, 12/19/2012 - 10:53 | Link to Comment aerojet
aerojet's picture

Exactly--such nonsense since tobacco and automobiles kill way more people than guns do. 

Tue, 12/18/2012 - 19:15 | Link to Comment unrulian
unrulian's picture

buy physical guns

Tue, 12/18/2012 - 19:28 | Link to Comment CB
CB's picture

What?!? A gun is insurance.

Tue, 12/18/2012 - 20:07 | Link to Comment Freddie
Freddie's picture

I have told many people that many times.  It is insurance against tyranny or a liberty tax that anyone sane woulld gladly pay.

Sadly, I lost my guns in a boating accidents.  Guns are also scary to me like spiders.

Tue, 12/18/2012 - 21:53 | Link to Comment TBT or not TBT
TBT or not TBT's picture

What about SPDR spiders?    Any of those you like?   TBT?   not TBT?, that is the question.

Tue, 12/18/2012 - 19:30 | Link to Comment Dr. Engali
Dr. Engali's picture

Stupid ass sheep , and they wonder why this country doesn't make anything. If its not the money grubbers squeezing every dime out of a company it's the dumb fuck activists chasing them out of town. Who in the hell do they think makes the guns that are supplied to the police and military? The gun fairy? Stupid sheep deserve what they get.

Tue, 12/18/2012 - 19:48 | Link to Comment fuu
fuu's picture

BBG SAYS `NO MATERIAL EXPOSURE' TO REALITY - BBG

Tue, 12/18/2012 - 20:00 | Link to Comment el Gallinazo
el Gallinazo's picture

"Does this mean that the ECB now accepts 44 caliber hollow points as Tier 1 collateral?"

 

Not to be too picky, but Fatherland Security bought over a billion rounds of .40 HP to blow the nuts off the American citizen.  Let's do the math.  If you figute there are 300 million of us and half are male, then they only have to blow two sets of nuts off per clip.

Tue, 12/18/2012 - 20:03 | Link to Comment The Miser
The Miser's picture

If you think guns are an issue, how about registering gold buyers and sellers?

Of course, it is because of gold theft.

http://www.wsbt.com/news/wsbt-gold-buyers-face-new-scrutiny-from-ind-lawmaker-20121216,0,1746301.story

Sounds like they want to know where all the gold is.  The U.S confiscated gold in the depression and paid the owners about $20.00 an ounce before setting the gold standard at $32.00 per ounce.   Something else to worry about.

 

 

Tue, 12/18/2012 - 20:08 | Link to Comment Freddie
Freddie's picture

He is just like FDR (and stalin, chavez & mugabe).

Tue, 12/18/2012 - 20:17 | Link to Comment lizzy36
lizzy36's picture

What about Drone Manufacturers?

Because drones have killed more innocent children (granted, brown ones) under Obama (nobel peace prize winner), than all these mass shootings combined.

Tue, 12/18/2012 - 20:22 | Link to Comment I am a Man I am...
I am a Man I am Forty's picture

I bought Smith and Wesson today at 7.85.  Not great timing, could've got it cheaper.  Ruger is yielding 3.4% and is pretty cheap, down 8%.  Would have bought both but dumped so much money in Apple at 510 ran out of trading money.

Tue, 12/18/2012 - 20:32 | Link to Comment smacker
smacker's picture

If the Greeks had any sense they'd have realised three years ago when their country first went bankrupt that the only solution (or at least their only satisfaction) to national destruction and eternal poverty caused by totally corrupt political elites (who have siphoned off public money to Swiss bank accounts), is to stock up with arms and ammo to defend themselves from the madness that has engulfed the EuroZone. Rioting on the streets and throwing stones at heavily armed police that surround parliament is having little effect.

Tue, 12/18/2012 - 20:58 | Link to Comment booboo
Tue, 12/18/2012 - 23:32 | Link to Comment Pascal1967
Pascal1967's picture

Fuck MetLife! I won't divulge who the asshole there is, but his initials are: "Steve Smoak". Hey, Dickwad, pay up, sucka! You stilll owe me a lot of money.

Help out a friend and don't buy any of their bullshit products. Thank you for allowing me to vent. I feel so much better. :o)

Wed, 12/19/2012 - 09:19 | Link to Comment TrumpXVI
TrumpXVI's picture

guns are icky

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