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Worlds’ biggest AK 47 manufacturer is bankrupt
businesday ^ | 9/21/09 | bloombnerg

Posted on 09/22/2009 6:17:22 PM PDT by Flavius

Bloomberg so link only

(Excerpt) Read more at businessday.co.za ...


TOPICS: News/Current Events
KEYWORDS: banglist; izhmash; kalashnikov; newsday
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To: vetvetdoug

Olympic Arms = lifetime guarantee!


21 posted on 09/22/2009 6:56:54 PM PDT by Fireone (Where's the birth certificate? Who is this guy?)
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To: Glenn

You should get her phone number and a date.


22 posted on 09/22/2009 6:58:48 PM PDT by Redcitizen (Zartan for President 2012)
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To: Redcitizen
You should get her phone number and a date.

I thought about asking her to fool around, but I was pretty sure she would think that meant arm wrestling.

23 posted on 09/22/2009 7:03:09 PM PDT by Glenn (Free Venezuela!)
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To: Flavius


Gun sales aren't the only thing stimulated with that picture.
24 posted on 09/22/2009 7:27:35 PM PDT by Red in Blue PA (If guns cause crime, then all of mine are defective!)
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To: Flavius

No, the original Armalite went bankrupt years ago.

The current company under that name is Eagle Arms; they bought the name from the Philippine owners. Other than the name there is no connection.

http://en.wikipedia.org/wiki/ArmaLite

Armalite didn’t win either.


25 posted on 09/22/2009 7:56:57 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Flavius
Izhevsk won't close its doors. This is just some bravo sierra so Putin can re-nationalize it or expand it or something.

There will be hard steel coming out of Izhevsk as long as there is a Lenin in a glass box. You can take that to the bank.

26 posted on 09/22/2009 8:14:08 PM PDT by Sender (It's never too late to be who you could have been.)
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To: Navy Patriot
This calls for a government bailout.

Izhmash, where Mikhail Kalashnikov, 89, invented the AK-47 in the 1940s, is a unit of Russian Technologies Corporation, a state holding company with mining, arms and automotive assets.

It's already a government owned enterprise.. sort of like General Motors. If the Russians can't stay out of bankruptcy selling AK's, they are really fooked up, just like GM will be after a few years of "government holding".

How about a tax credit so every American can buy two and pump up sales to save jobs?

We could create the 0bama Bureau of Gun Supply with stimulus funds,

At least that might be constitutional under the Congress power to provide for arming the militia.

We've got factories that make AK's right here in the US, and they are doing quite nicely. As are the ones that make ARs, and various other engines of death. Ammunition plants are 24/7 and are just barely keeping up.

27 posted on 09/22/2009 8:18:44 PM PDT by El Gato ("The Second Amendment is the RESET button of the United States Constitution." -- Doug McKay)
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To: Spktyr

its true


28 posted on 09/22/2009 8:58:49 PM PDT by Flavius
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To: Flavius

Why give bloomberg the hits?


29 posted on 09/22/2009 9:01:30 PM PDT by zeugma (Life is short.)
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To: Flavius

Well since Russia isn’t exporting revolution as much anymore the demand for cheap assault rifles made in Russia just isn’t there.


30 posted on 09/22/2009 10:38:03 PM PDT by Pontiac (Your message here.)
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To: El Gato

I guess I really do need the sarcasm tags.


31 posted on 09/24/2009 2:33:08 PM PDT by Navy Patriot (Sarah and the Conservatives will rock your world.)
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To: Spktyr
Also, Colt doesn’t make the M-16 any more, either. Current M-16 production is done by FN. So not a win by default.

M4 production is by Colt. In fact they are very paranoid about others calling their product "M4" even though it's an Army designation, and so doesn't belong to Colt anyway. Yet another company taken over by arrogant bean counters, who think the way to stay competitive is by hiring lots of accountants and lawyers.

32 posted on 09/24/2009 3:06:34 PM PDT by El Gato ("The Second Amendment is the RESET button of the United States Constitution." -- Doug McKay)
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To: El Gato
Yet another company taken over by arrogant bean counters, who think the way to stay competitive is by hiring lots of accountants and lawyers.

That, or by "cost cutting" your organization to the bone and product quality out of existence.

"The lowest cost is not to have a business at all!"

33 posted on 09/24/2009 3:08:41 PM PDT by TChris (There is no freedom without the possibility of failure.)
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To: El Gato

M4 production is by Colt.
M16 production is by FN.

Both are still being purchased by the US military.


34 posted on 09/24/2009 4:26:18 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Flavius
Down, but not out.


35 posted on 09/24/2009 4:40:36 PM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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