Better than Remington’s fate: being bought out by Cerebus
A bummer that the Navajo Nation didn't buy 'em.
Czech gunmaker CZG buys Colt in cash and stock deal
91–100 of 344 posts
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#92Doesn't seem like a lot of money. Shame somebody didn't buy it and shutter it. Less guns in the world is better for everyone.
You have no idea how capitalist markets work apparently. If the DEA decided to buy up all the street drugs and burn them it would create a million new drug dealers overnight as the prices would spike. Less guns is not the solution. The solution is to round up all the humans and cut their thumbs off so they can’t use tools to kill each other.
conversly, if you flooded the market with cheap "safe" drugs, the market would drop out entirely.
as for guns, the solution is societal change.
However removing handguns, and limiting the legal reasons to be wondering around the streets with a gun would also help.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#93Earlier quoted context omitted.
Yup. The largest ones could afford to buy a mid-size country. (AMZN revenue = $386B, AAPL revenue = $274B, GOOG revenue = $182B, Norway GDP = $366B, Vietnam GDP = $340B, Chile GDP = $245B). Note also that SpaceX has more accurate ballistic missiles than the U.S. and Russia (PeaceKeeper CEP = 40M, while SpaceX routinely lands rockets upright within a ~10M radius on a drone ship), and Google has more data than the CIA…
An ICBM hitting a target purely on internal guidance is an entirely different level of problem from what SpaceX is doing with cooperative positioning systems at the target. Also keep in mind that the "wikipedia numbers" for classified weapons systems are usually "at least" numbers, not exact. It's not at all clear who has more data between GOOG and NSA. Both don't exactly declare the numbers, but it is known that in…
"in several recent years NSA has been the largest single buyer of spinning disks in the world."
The rest of the world moved to SSDs in ~2010. Google's been storing the whole web on flash since then. (I guess if you're archiving for slow-speed retrieval disks are still useful, but if that's your use-case, why wouldn't you use tape?)
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#94Czech guns are the best guns.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#95Earlier quoted context omitted.
Yup. The largest ones could afford to buy a mid-size country. (AMZN revenue = $386B, AAPL revenue = $274B, GOOG revenue = $182B, Norway GDP = $366B, Vietnam GDP = $340B, Chile GDP = $245B). Note also that SpaceX has more accurate ballistic missiles than the U.S. and Russia (PeaceKeeper CEP = 40M, while SpaceX routinely lands rockets upright within a ~10M radius on a drone ship), and Google has more data than the CIA…
Agreed with the sentiment that modern companies are capable, but disagreed on the rocket comparison -- the comparison is difficult at best. One is travelling at tremendous speed (Mach 5 or something?) and has milliseconds for course-corrections, the aspires to come to a gentle halt and can close some feedback loops over and over again for thousands of milliseconds. Edit: If you wish to make a weapons comparison, one…
> One is travelling at tremendous speed (Mach 5 or something?)
Much higher, about mach 20 to 25. They are moving seriously fast.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#96Earlier quoted context omitted.
Is there any country in history that prevented its downfall because its civilians are armed to the teeth?
The last person to successfully invade Switzerland was... Napoleon? Likewise, while it may not be to your taste, Afghanistan's polity has spent the last 200 years stubbornly being Afghan, to the surprise and annoyance of the British, Russians, Americans, etc.
Who has tried since? I understood that in WW2 for instance it was their strict policy of neutrality that kept them from invasion, and the fact that Germany thought it was more beneficial to have them as a neutral rather than occupied country.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#97Earlier quoted context omitted.
The billion dollar valuations of silicon valley startups may cloud your judgement a bit. 220 mil is a lot. Most companies won't be worth this much. Except for the US, guns are mostly sold to governments (policy, military) so the gun market isn't that large, and there is lots of competition.
But still, that means several of those highly-valued SV companies could afford to buy most gunmakers in existence...
Yes if they buy with stock, and if the stock doesn't tank when they announce their intentions. So, no.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#98Can someone more familiar with this world explain where the law ended up on building your own guns? I recall a controversy around whether you can even share open source 3D printing plans (which to me felt like a violation of the first amendment) but leaving that aside, I've also heard that it is possible to do so using more traditional methods.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#99Earlier quoted context omitted.
“Beware of he who would deny you access to information, for in his heart he dreams himself your master.” With 3d printed guns already a reality (I have seen designs for completely printed models, including the bolt carrier), the cat is out of the bag.
> I have seen designs for completely printed models, including the bolt carrier Are these parts functional? I would be literally stunned if you could 3D print a bolt carrier group that lasts more than a clip. The last I looked (and it's been a couple years), the designs exist, but are largely non-functional and/or still require several parts to be made of steel. The barrel is another problematic piece. I get that wit…
Let's put it this way: producing the parts of a gun which simply must be made of metal, in a machine shop, is substantially easier than synthesizing methamphetamine.
3d printing everything except the parts you mentioned is quite tractable, and constantly improving from an already acceptably-high standard.
No, the chokepoint here is primers. Which are scarce on the ground at the moment, and I expect will receive significant regulatory encumbrance in the near future.
Re: Czech gunmaker CZG buys Colt in cash and stock deal
#100Earlier quoted context omitted.
Yup. The largest ones could afford to buy a mid-size country. (AMZN revenue = $386B, AAPL revenue = $274B, GOOG revenue = $182B, Norway GDP = $366B, Vietnam GDP = $340B, Chile GDP = $245B). Note also that SpaceX has more accurate ballistic missiles than the U.S. and Russia (PeaceKeeper CEP = 40M, while SpaceX routinely lands rockets upright within a ~10M radius on a drone ship), and Google has more data than the CIA…
Agreed with the sentiment that modern companies are capable, but disagreed on the rocket comparison -- the comparison is difficult at best. One is travelling at tremendous speed (Mach 5 or something?) and has milliseconds for course-corrections, the aspires to come to a gentle halt and can close some feedback loops over and over again for thousands of milliseconds. Edit: If you wish to make a weapons comparison, one…
ICBM's also can't use GPS or equivalent navigation satellites, as those will likely be the first to be taken out in a nuclear exchange. They use inertial guidance (https://www.thedrive.com/the-war-zone/30254/this-isnt-a-sci-... ) maybe together with some star navigation system for mid-course guidance.