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  1. M

    NS2000 legality

    You'd have to register it on a form 1 but with an amnesty on the initial/making tax. If you live in a jurisdiction where it would be illegal to own or possess a DD you'd be out of luck, but could sell it to someone else to register so long as it was done within the required time frame. Under...
  2. M

    NS2000 legality

    Because under the law, the Secretary of the Treasury has authority to declare anything with a .50 bore (or greater) a DD and subject to the NFA if they don't find it to be suitable for sporting purposes [see 26 USC 5845(f)(2)]. Case in point, the USAS and Striker-12 which were both reclassified...
  3. M

    NS2000 legality

    It can't be imported, and much like the USAS and Striker-12 (even if it could be produced domestically) would most likely be classified under the NFA as a destructive device.
  4. M

    Best subsonic caliber?

    And significantly less quiet than a suppressed 9mm in 147 or 158 gr.
  5. M

    Another stimulus, another gun?

    Lone Gunman - I don't have disdain for anyone who didn't deserve it, and certainly not the people on main street getting clobbered by this thing. I do have disdain for the lack of government oversight that got us here though. Much of what went wrong should have been illegal, but was just...
  6. M

    Another stimulus, another gun?

    You know LG, the irony here is that you, like most people, have little (if any) experience with Wall Street, structured finance, securitized debt products, SIVs, CDOs, CDSs, swaps, etc, yet you feel completely justified in yelling "greedy SOBs!" at the Wall Street guys who do. My guess is that...
  7. M

    Another stimulus, another gun?

    You're a deer hunter, but you only take one at a time because thats how you maximize your returns. Take too much meat and its going to go bad, doing nothing for you. Its not quite the same with money; you maximize your current returns so you can reinvest and leverage more for even greater...
  8. M

    Another stimulus, another gun?

    Capitalism runs on greed. You control greed and the damage it can cause with laws and regulations. If you don't have those laws and regulations to limit people's actions, don't be surprised when people act on their greed to the detriment of others in an effort to maximize their returns...
  9. M

    Another stimulus, another gun?

    No, lack of oversight got us into this mess. The guys on Wall Street did what any hungry investor would do - worked to maximize their returns without regard to its effect on the rest of society. With the exception of a few activist hedge funds, thats just what they do. Do you fauilt Citi or...
  10. M

    Another stimulus, another gun?

    Narrowly. I thought the stock market was a bit too high and was looking to investment properties instead. Once I started looking around, however, I realized the housing market was overpriced, in part due to the deterioration of lending standards, and was likely to have some sort of a...
  11. M

    Finally saw "Red Dawn"; Reactions & Question.

    A little piece of Red Dawn gun history... Most of the AKMs used were fake, but there were about a dozen that were real full-auto guns converted for blanks...and they were fully transferable to individuals (IIRC converted by Tim LaFrance). After the filming of Red Dawn, they sat in...
  12. M

    Another stimulus, another gun?

    No, that was only a small part of the problem, but its not just subprimes that are the problem. If you're looking for causes, look to shopping for triple-A ratings among the big three agencies on derivatives, the Gramm Leach Bailey Act, leverage ratios completely out of line with prudent...
  13. M

    Another stimulus, another gun?

    To answer your question, it is taking less of people's money (which is usually a good thing), but there's a lot of defecit spending thats got to happen to get out of this mess and the little benefit obtained by $1000-2000 spread over 2 years isn't worth the $300bn cost when several hundred...
  14. M

    Another stimulus, another gun?

    Its a completely unfunded tax cut that comes at a time of unprecedented spending - essentially cutting income while you're simultaneously spending more. Its simply not a sound fiscal policy unless it would increase market liquidity and unfreeze the credit markets, but it won't. Moreover, that...
  15. M

    Another stimulus, another gun?

    I doubt your children and grandchildren will feel the same. Its essentially a $300bn loan they're going to get the bill for. :rolleyes:
  16. M

    Another stimulus, another gun?

    If you're talking about the proposed $300bn I think you need to brush up on economics and the market a bit. Its a lot of money, but small in relation to the problem, and its simply not directed at the main problem. $10-20 per week in after tax income for a period of 1-2 years is not going to...
  17. M

    Another stimulus, another gun?

    There will not be another idiotic stimulus check like Bush did last spring - that was largely viewed as a total failure. Obama's initial $300bn stimulus (as currently planned) would be a reduction in withholding amounting to an extra $10-20 per week in your after tax income for 1-2 years. That...
  18. M

    importing guns from manufactures in other countries

    If you have three lawyers versed in import/export law, why not consult them? Even for ammo, you're still going to have to deal with ITAR (they should know more on this) and the customs regs.
  19. M

    importing guns from manufactures in other countries

    FFL, import/export license & permits, ITAR registration, sufficient cash on hand to purchase the foreign goods and have them sit in customs for months on end without sales, liability insurance, legal fees (you WILL need a lawyer)...
  20. M

    9mm AR-15 - Good Idea or Bad?

    www.spikestactical.com
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