Words of Advice:

"Never Feel Sorry For Anyone Who Owns an Airplane."-- Tina Marie

"
If Something Seems To Be Too Good To Be True, It's Best To Shoot It, Just In Case." -- Fiona Glenanne

"
Flying the Airplane is More Important than Radioing Your Plight to a Person on the Ground
Who is Incapable of Understanding or Doing Anything About It.
" -- Unknown

"There seems to be almost no problem that Congress cannot, by diligent efforts and careful legislative drafting, make ten times worse." -- Me

"What the hell is an `Aluminum Falcon'?" -- Emperor Palpatine

"Eck!" -- George the Cat

Friday, February 9, 2018

Ah, Just Blame Hillary Clinton and Get It Over With

Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, has reached out to banks and credit investment funds in search of financing that will allow it to file for bankruptcy, people familiar with the matter said on Thursday.
The vulture capitalists loaded Remington up with an unsustainable level of debt. But that's what they do, and they probably figured that record sales would continue under a Clinton45 administration, so they could get away with looting the company.

Which is what those sociopaths seem to always do.

1 comment:

Paul Wartenberg said...

According to Bloomberg, the company was hit hard by overproduction in anticipation of a Hillary Clinton presidency scaring the more fevered gun owners into buying more and more stockpiles like they did under Obama. Sales plummeted because those gun nuts - sorry, I gotta use that term - are happy with trump, and the stores are unable to keep the oversupply.

https://www.bloomberg.com/news/articles/2018-02-12/cerberus-s-remington-will-cede-control-to-lenders-in-bankruptcy

Are other gun manufacturers facing the same problem?