Cooler and supposed to be clear. I’m hoping for light overcast and a breeze as we are supposed to go to the carnival at the Houston Livestock and Rodeo. It was mostly overcast Sunday, with some sun in the afternoon.
I got the back yard weed whacked and then mowed. Used the blower attachment to clear pin oak leaves out of everything. Cleaned the fish pond of leaves, and cleaned the pump filter. Took down the bird netting around the blueberry bushes so I could weed and blow the leaves. Used the rototiller attachment to loosen some dirt in the front yard. I’d like to plant a small flowering tree in the spot, but will settle for wildflowers for now. The ashy clay soil was rock hard.
It was an ‘outdoor’ day. Didn’t get to the gas engines on the list, but them’s the breaks.
Today I’ve got stuff to do in the morning, then rodeo in the afternoon. Sold a freezer locally to one of my hobby guys, and one up at the BOL. I’ve got to get the BOL one loaded up, along with two steel cabinets, and all the stuff for this trip north.
There is always a bunch of stuff headed up too.
I’ve gotta admit the bank failures have me more nervous than usual. And I’m not surprised that the pols will cover the depositors despite them not being insured. Because why let people suffer consequences from their informed choices? This isn’t over. Where there is one, there are many, and the good times are coming to an end.
Don’t put all your eggs in one basket. Don’t put more eggs in the basket than there is legit insurance to cover- you don’t have friends in high places. Have cash on hand for your needs- you’ll have to decide on the time period yourself, but I’d say at least a couple months worth of bills. Think HARD about having cash money sitting in banks. Gold, jewelry, land, food, guns, guitars, ammo- whatever you choose, it should be durable and fairly easy to convert to something else of value, or ideally, provide an income stream. I turned my bank balance into a BOL, and am continuing to turn cash into infrastructure up there. Yes there are downsides and risks to all those physical things. There are risks to cash in the bank too. Nope, crypto and the stock markets aren’t good places. One is based on fantasy, the other is gambling against insiders, neither is a good bet right now.
War profiteering looks like a growth area…
Private security services will be too, as long as there is something to pay with and get paid with.
Stack up some things of value.
nick
Looks like the UK arm of SVB has been saved.
‘HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for 1 pound ($1.2). As at 10 March 2023, SVB UK had loans of around $6.6 bn and deposits of around $8.1bn.’
So UK small tech companies will be ok…..for now
I noticed that all of the Dilbert books were gone from Barnes & Noble in McAllen this weekend.
Ah, well, the Pointy Haired Bosses won a long time ago. And “Dilbert” didn’t even touch that lot buying/dumping a movie studio, breaking the telecom unions with Steve Jobs’ coerced help, or making Texas their co-dependent submissive partner, complete with figurative leather gag, in return for fiber to some neighborhoods.
Now Dilbert is a symbol of racisim on the level of the Klan hood. Well played, PHBs.
Of course, Adams didn’t help himself much. I’m not sure he’s playing a long game anymore.
“Digital media” and/or advertising revenue dependent companies are toast.
The upside of the current crisis is that online advertising may finally be revealed as the fraud that it has always been.
I’ve got five guys at the house putting in 17 foundation piers today through Wednesday. So, I am putting my money in raising my foundation 1.5 inches in the front of my house. Who needs savings ?
I finally buried my Starlink line at the office yesterday. All I did was dig an 8 inch deep trench 20 feet long from the large office building to the starlink dish. I still to put in a concrete pedestal for McDishy flatface.
Oooh, down to 57F and 72%RH mostly overcast today.
Body woke me at normal “get up for school” time, but I asserted my agency and went back to sleep. Then my wife’s alarm woke me at DST “get up for school” time. But I went back to sleep.
Now I’m up, coffee is brewing, and the day awaits!
Yeah, that ain’t me. I’ll get to the day when I get to it.
n
@norman, what is the man on the street feeling about banks in Jolly olde? There seems to be a bit of trepidation here…
n
What is it that Warren Buffet says, “when the tide goes out, we find out who is swimming naked” ?
Looks like the tide is going out.
Trading temporarily HALTED in dozens of banks after shares fell by up to 75% when market opened at 9.30am – moments after Biden said ‘US banking is safe’ – as contagion spreads to heavyweights Wells Fargo, Bank of America and JP Morgan
n
Fiddling while Rome burns…
Or man, the attention wh*ring is getting closer to actual wh*ring …
The award for the raciest dress goes to… Emily Ratajkowski, Alessandra Ambrosio and Olivia Wilde bare all in a parade of risqué looks hit the Vanity Fair Oscars party
That one in white’s plastic surgeon should be proud of his work. I am honestly glad that women aren’t mutilating themselves with those heavy scars under the breast when they get their implants anymore.*
n
*not talking reconstruction, just augmentation.
A careful perusal of the NCUA rules and a tweak to my savings account (adding beneficiaries) and I’m feeling a lot better.
Still not 100% covered but I don’t have to run around town willy-nilly opening bank accounts.
Which is just as well, with the news about Wells Fargo and Bank of America posted above.
Of course, Adams didn’t help himself much. I’m not sure he’s playing a long game anymore.
I can’t figure out what Adams is doing. I suspect that he is in over his head and that this rebounded on him big time. It will be interesting if he tells how many people sign up for his Dilbert Reborn. I note that https://www.dilbert.com is pointing to his new place today so the entire online archive is gone.
He has enough money to last for quite a while and I don’t know if he is looking for a new wife or not.
I am in agreement with the article that Adams wants to be an influencer, whatever that means
As noted in the article I posted yesterday, reserve requirements for banks were reduced during the pandemic and have not been reinstated. This makes every one of them more vulnerable.
California faces yet more fierce weather chaos as another onslaught of rain, snow and wind is due to hit TODAY pushing flood levels even higher as roads and schools stay closed and evacuation orders are in place
crazy pictures.
n
California will expect the federal government and the rest of the taxpayers in the US to send money for the problems created by California and overdevelopment. Anyone that builds on the banks of a river, or relies on a manmade pile of dirt to protect property is living a fools paradise. Most of them probably don’t have flood insurance “because it doesn’t rain much in California”. Suck it up.
Last full day in San Antonio. We have already been to Whataburger, Dr. Pepper milkshake of course. Bill Miller BBQ for dinner last night. I really like their BBQ. This evening we will dine at Taco Cabana as the wife really likes their flower tortillas.
I went to Joint Base Randolph to visit the base exchange and see if there was anything good. It still amazes me that they sell expensive perfume, makeup and handbags. Lackland is even worse where every trainee that has been away from home for six weeks has their girlfriend or wife arrive for a visit. Yep, let’s buy crappy merchandise to impress the opposing gender unit.
Apple products were available for the same price as retail. The only savings is there is no state sales tax at the base exchange. I can beat that price with the veteran discount of 10%. I found nothing I wanted. I would have thought the exchange could negotiate a discount for military. If Apple can do it online, why can’t the exchange which caters to the military?
Tomorrow we head to Boerne, then on to Bryan for three days with the BIL. We will eat dinner at Rudy’s BBQ in Bryan. Really good BBQ.
Was darn cold this morning in San Antonio. A crisp breeze and the T-shirt and shorts were notably uncomfortable.
But was James Taylor playing ’Fire and Rain’ in the background this time?
Daughter’s school, and most schools in the area, had break three weeks ago. She spent the week getting lifeguard certification. I wanted her to get it for the skills, in case she ever needed it. Everyone else in the class (six other teens and an adult who’d let her certifications lapse and had to start over from the beginning to renew her water safety instructor cert) wanted to work as lifeguards, which got my daughter thinking about it, as being better than “you want fries with that?” As it happens, though, no one in the area will hire her until she’s 16. Eh, no problem. This Summer she can learn to drive and work part-time and also learn the wonders of having a third of your paycheck consumed before it gets to you.
YUUUP! I don’t have flood insurance because my house is 1.5 miles from the ocean and at Sea Level.
I was thinking of upgrading my Intel I5 based 2018 Mac Mini to the base M2 mac mini, should see about a 2x increase in Xcode/simulator performance. Apple states, and various independent reviews confirm, that 8GB of ram is enough. Seems strange, but I guess the memory channel to the SSD is wide?
To my surprise none are available retail anywhere within 50 miles me, and Amazon is saying first week of April.
Apple themselves are saying 2-day.
“Albert Hammond, please come to the white courtesy phone. Albert Hammond to the white courtesy phone.”
https://youtu.be/ZXkk65PdKyM
I hope plugsy McFJB! enjoyed another vacay in one of his million dollar houses.
The audacity to blame tRump for SVB. “The buck stops here.” “Most transparent administration evah.” Blah, blah, blah.
BTC is going up. I wonder why? Gold & silver, too.
CowboyStu says:
When I lived near Sacramento for 40 years, we didn’t have flood insurance, or earthquake insurance. The risk seemed too low, and the costs too high to be worthwhile. Our house was above the flood zone if Folsom Dam had collapsed, and we were a mile from the nearest creek. Earthquakes happened AROUND Sacramento, but not IN Sacramento. It was a good gamble, and never had any earthquake damage. The water damage was caused when the kitchen sink drain pipe broke. Messy and expensive, but we got a new kitchen out of it.
Here in San Antonio, we checked around and this area has never been flooded, so I think we’re going to be OK.
Levee in the valleys of northern and central California are not well-maintained – they are often privately owned, or owned by a small co-op. I’ve lived in that area most of my life (about 50 years of 71), and can recall many levee failures that have flooded homes and properties.
Flood insurance is available, and required by some types of home loans. Flood maps are available to determine risk. But there are always stories of homes flooded, and property owners who didn’t get flood insurance but should have.
Possibly ‘it can’t happen to me’ syndrome. Until it does.
I would consider the upgrade to 16 gig of memory and 1 TB SSD if you have to wait. The base configuration seems to be available in the stores, other configurations shipped fairly quickly.
I have 16 gig on my M2 Air with a 1 TB SSD. That was a sweet spot that was available at the Apple Store. I was concerned about the long term where in the future memory may be an issue. Storage space cannot be upgraded so I wanted to future proof a little bit.
I know the M2 Air that SSD access is slower with a 256 Gig SSD as Apple is using a single memory chip. With 512 Gig or higher multiple chips are used increasing the memory bandwidth available.
I also wanted to run Parallels so I could run W11 ARM on the MacBook. That benefits from additional memory.
MacOS uses memory better than W11 and with the SSD any memory swapping is really fast.
If Apple can ship in a couple of days, I would opt for 16 Gig and 1 TB as the configuration to be considered. Caveat is that with Apple, any upgrades beyond the minimum cost dearly. So choose wisely.
I am 4 miles away from the Brazos River and 81 feet above sea level. My flood insurance is $600 per year.
The office complex is 1200 feet away from the Brazos River and 81 feet above sea level. The last time I got quoted for flood insurance, it was $4,000 per year, too much. But, my office was 11 feet above the Braxos River during Hurricane Harvey so I am not concerned. All of the office buildings are on 3 foot tall pads.
@ Ed H, I’ve bought items from http://www.monoprice.com for delivery, they are near San Bernardino.
@EdH:
Check this out for pricing. Adorama has some good prices on Mac mini using discount code of “APINSIDER”. 8 Gig with 512 Gig storage can be gotten for $699 which is $100.00 off the regular price.
https://appleinsider.com/articles/23/01/27/every-2023-macbook-pro-14-inch-16-inch-mac-mini-m2-is-up-to-300-off
I’ve gotta admit the bank failures have me more nervous than usual. And I’m not surprised that the pols will cover the depositors despite them not being insured. Because why let people suffer consequences from their informed choices? This isn’t over. Where there is one, there are many, and the good times are coming to an end.
First, SVB was forced into bankruptcy. They could have locked their doors and declared a week long bank holiday while they raised capital like banks used to do a 100 years ago. I am sure that Mr. Buffet would have been willing to buy assets at fire sale prices from them. However, the FDIC does not allow that to happen anymore due to the problems that it causes in the market. When Peter Theil grabbed his money from them and told all of of the internet that SVB was weak, it caused a bank run. $42B moved out of there in 48 hours. Very few banks could withstand that kind of a cash withdrawal. SVB still has very good assets for almost a $100B. Somebody will buy those assets from the FDIC for a very good price. I remember very well the First City Bank debacle where the FDIC closed them down one week before the presidential election of 1992 and then the liquidation was for more than the deposits, the definition of a not bankruptcy.
Second, businesses need to have places where they can securely store money to make their next several payrolls. The average business payroll can easily go past the $250K insured amount. It is obvious in hindsight that Congress needs to do something about this. Or, businesses can play games with only $250K in every bank in town.
“It’s been a wild weekend, starting Friday. In case you somehow missed it: we went through the fastest bank run in history, in an event that impacted about half of all VC-funded startups in the US and UK. On Friday night, Silicon Valley Bank (SVB) was shut down by regulators, triggering a weekend of fear and uncertainty for many people and businesses with questions like: “can we make payroll next week?” There was no certainty for startups with money in Silicon Valley Bank.”
https://newsletter.pragmaticengineer.com/p/the-collapse-of-silicon-valley-bank-ff2
No, they cannot do that in today’s banking world. There are strict limits on how many days a bank can remain closed before the feds step in and take over.
Something else is afoot with the SVB bank “failure”. A diversion tactic perhaps for other problems? A slap to the federal reserve to stop raising interest rates? Something for spongey to get excited about while the rest of the goons play games behind his back? Someone playing games in the back offices?
SVB was a really quick collapse with little warning in a system that really had no difficulties. Someone will make a lot of money, by grabbing other people’s money.
I’m beat up by DST today. No nap, and I’m struggling to make it to bedtime without falling asleep.
I decided to split my eggs into two baskets, so I opened a new FDIC insured account at a traditional bank.
Hilarity ensued when I tried to deposit a cashier’s check from a credit union into a bank checking account. Let’s just say each had a different idea of the process, and they won’t be able to work it out until tomorrow.
Was that the first time the FDIC shut First City? That was A Big Deal at the TX DOB from my viewpoint as a file clerk. Or the second time when Cullen Frost absorbed them maybe 3 years later? I forget.
I note that Friday the 13th came on a Monday this month.
And tomorrow is ‘Pi Day’.
@Ray, Hmmmm. I’ve had some minor issues with Adorama last year, but went and looked.
Went to Adorama….logged in…my credit card info is missing. They suggest using a new Google credit card, or Venmo.
Whoa. Not sure what is going on, but that’s a red flag.
Using geothermal-stored water as a solar/wind farm battery?
Source here.
There’s some geothermal plants next to I-80 in Nevada between Fernly (east of Reno) and Lovelock, NV. But the story seems to indicate the plant is in Humbolt County, NV, maybe near Winnemucca, NV.
The Gecko is holding a bunch of Wells Fargo, and BRK has already been flat for a year.
I think it is more a kickback scheme, rewards for them, when using an affiliate credit card. I don’t think there is really anything strange with Adorama as they have been around for many years.
One advantage of buying directly from Apple is the 14 day no questions asked return policy. Even stuff ordered online and delivered to your home. Log into your Apple account and start the return process. A shipping container is sent FedEx with a prepaid return label. Takes a few days for the return to be credited.
Sometimes, the savings lost is worth the inconvenience.
I would still opt for 16 gig with 1 TB.
What I saw in that article on geothermal storage was a lot of sales talk and a lot of true believer talk.
What I didn’t see was an efficiency number. Do you get back more or less than half of what you put in?
Nor did I see anything about side effects. Will we be seeing unintended consequences like increase in microtremors or real earthquakes? Death to some unexpectedly important underground biota? I don’t know. I suspect that neither does anyone else.
The precautionary principle tells us that we should not do this until we have answers to all of these questions. But of course the precautionary principle is used in only one direction.
@SteveF
The article did mention side effects (like earthquakes) with earlier uses of geothermal storage. But they have mitigated that over the years with new drilling techniques (horizontal drilling).
As for efficiency, the story did state
So, early days, but seems promising.
Yes, I was an Adorama customer for over a decade (15 years?). But this is unacceptable behavior.
Last purchase was September of last year, when they shipped me a lens in a box with no packing… Second time in a row that had happened. I was willing to give one more chance for old times sake, but “three and out”, I am done.
Apple direct is fine, I have done it before.
Literally unnoticeable to a Californian.
Here is a GitHub benchmark for Mac’s:
https://github.com/devMEremenko/XcodeBenchmark
There are various YouTube videos where people go head-to-head with this and other benchmarks on Mac hardware.
The best benchmark is, of course, one’s own project.
Something else is afoot with the SVB bank “failure”. A diversion tactic perhaps for other problems? A slap to the federal reserve to stop raising interest rates? Something for spongey to get excited about while the rest of the goons play games behind his back? Someone playing games in the back offices?
The afoot is that Peter Theil told his friends that SVB was failing. Peter Theil is a billionaire several times over and has MANY friends. This is a very good summary of what went down.
https://newsletter.pragmaticengineer.com/p/the-collapse-of-silicon-valley-bank-ff2
Was that the first time the FDIC shut First City? That was A Big Deal at the TX DOB from my viewpoint as a file clerk. Or the second time when Cullen Frost absorbed them maybe 3 years later? I forget.
I am not sure which is which. The first was a political grab by the FDIC of a Texas bank on the eve of George H. W. Bush’s presidential election in 1992 which he lost. The failure of the bank was another dirty trick trying to sully George H. W. Bush’s reputation.
I would still opt for 16 gig with 1 TB.
I would regard these as minimum for any new PC: Windows or Mac or Linux.
“The Forever King” by Molly Cochran and Warren Murphy
https://www.amazon.com/dp/1515346226?tag=ttgnet-20
Book number one of the three book fantasy series. I read the well printed and well bound POD (print on demand) trade paperback published in 1992 by Tor and republished in 2012 by Createspace that I just bought new on Amazon. Unfortunately, the following two books in the series are out of print so there are only used books available. I have ordered the second book in the series as a used book.
Arthur, the High King of Britain, was killed in battle by Saxon invaders around 600 AD. The first time he died. His latest resurrection in the 20th century is as Arthur Blessing, a boy in New York City. At the age of ten, Arthur is being raised by his aunt in a rundown apartment building with a very friendly old man downstairs who helps take care of him. And he has just inherited a large property from his grandfather in Wales that has the ruins of an old Roman fort on it. And he found a cup on the street, a warm cup of an unknown metal.
My rating: 4.4 out of 5 stars (if I reread then I will change to 5 stars)
Amazon rating: 4.6 out of 5 stars (207 reviews)
@lynn: That is a nice summary.
@lynn: While I think 16GB is needed, storage isn’t that important for me personally.
In fact none of my machines have more than 300GB used, and the Intel Mac mini has less than half its 256 GB used.
My road laptop is usable with 4 GB and Fedora running zram swap, but I wouldn’t count on it for serious development work. Of course, that is the point of not taking a more capable laptop – I can’t work.
My home server is at 8 GB, but it needs to go to 16 GB to start Java comfortably for Vuze.
@lynn: While I think 16GB is needed, storage isn’t that important for me personally.
In fact none of my machines have more than 300GB used, and the Intel Mac mini has less than half its 256 GB used.
It is hard to tell what future operating systems and applications software will need. Programmers do not care in the slightest anymore about memory and storage requirements now. When the 16 bit to 32 bit transition happened programmers started losing their concerns. Now with the 32 bit to 64 bit transition, programmers do not care at all.
@SteveF
In the MIT Technology Review? Why would they publish such a thing? Who besides old engineers cares? Look! Unicorn rainbows!
Yah. Who cares about little things like energy efficiency?
I mean, if our glorious renewable* energy sources produce an excess of, say, 1000MWh of electricity on an especially good day and that electricity is used to heat water which is pumped underground and then later pumped back up and the hot water is used to spin a turbine to make 100MWh of electricity, that doesn’t seem worth the effort. Full-cycle efficiency will probably be higher than 10% but I’d be a little surprised if it came out above 50% and very surprised if it topped 70%. Don’t forget to amortize the financial or ecological cost of the heaters, pumps, piping, turbine, and generator.
* I’m not sure how green and renewable the turbine blades and the concrete pads are, but maybe I’m just an old engineer, to be thinking about such things. Likewise for solar cells, which, so far as I know, are not recyclable. Removing the aluminum frames before grinding up the glass and the photovoltaic cells does not qualify as recycling in my book.
Our goobermint? Well, at least sometimes. They want our refrigerators, our air conditioners, and our cars to be super-de-dupery efficient, costing us thousands of extra dollars.
At the rate we’re going, the next generation of engineers won’t be able to test efficiency or calculate it, ‘cuz “Math is for Whities”. They’ll just do by knowing, like, woke is good and “everyone should have a world-class college degree”*.
*Sweaty lying college dropout Bill Gates.
My home machine is 64 gig, expandable to 128 gig. I have two 2 TB m.2 SSDs. I wanted to future proof.
@SteveF
In the MIT Technology Review? Why would they publish such a thing? Who besides old engineers cares? Look! Unicorn rainbows!
I evaluated a geothermal system in our software that I read about in Popular Mechanics. The geothermal system is in Fairbanks, Alaska. The system uses a 165 F geothermal hot spring to vaporize R134a, runs a turbine, and condenses the R134a at an above ground stream at 40 F. Since the process is such a low temperature differential, the efficiency is only around 10%. But, the energy is free.
https://publications.mygeoenergynow.org/grc/1025270.pdf
Home from the rodeo. We actually only went to the carnival side of things this year, didn’t make it to any of the ag exhibits.
Wasn’t super crowded. Wypeepo outnumbered at LEAST 4:1, maybe 5 or 6:1 in the carnival section (games and rides). Last time we went, the ag section had the reverse demographics, but I couldn’t count this time.
It’s crazy expensive to go and do stuff. Even buying ahead, which saves 40-50%, it’s a big day out. Each ride is about $5-7 depending on if you bought ahead, or at the event. Parking is $25 to $40. Our entrance fee was $70 – my 13yo counts as an adult ticket, so three and one. Dinner was $18-$22 per entree (burger/beef/pork, or meat on a stick), add $10 for fries and a drink. Bottled water, $5. Fried treats, like oreos, cheesecake, cookie dough, or butter were $14 each. Funnel cake was $12, dole whip was $14.
Games of chance on the midway were about $7-9 a chance, with a decent sized stuffed animal prize if you won, but nothing for most people.
No idea what beer cost, or concert tickets. The “Sling Shot” bungee cord launcher tower ride was earning $70 to $95 every two minutes and the line was never empty. (Two people riding, $25 for the video on USB stick.)
People were riding the rides, playing the games, and eating, but not crowds of them. Didn’t see any drunks this time. Far too many tatts and exposed bellies for my taste.
The music blaring on every ride was primarily Reggaeton and spanish hip hop, so they know very well who their audience is. Rap and pop with driving beats when it wasn’t Reggaeton.
One lyric while we were waiting in line, “he popped your cherry, but I made you wet like a pool…”
I think it would be easy to spend $1000 in a day with two adults and a couple of kids. And people complain about DisneyWorld….
‘n
Ricky in the comments over at Wilder’s place has some more background on the bank failures, and it’s not just Thiel bailing.
n
https://wilderwealthywise.com/things-you-cant-say-2023/#comments
And Peter sums up my reaction to Slow Joe’s proclamation…
https://bayourenaissanceman.blogspot.com/
–ESPECIALLY when you consider that they are trying to stop a bank run, what else COULD they say?
n
@Lynn
“Since the process is such a low temperature differential, the efficiency is only around 10%. But, the energy is free.”
Can’t cheat Carnot. But if the equipment is costly, free will cheat you.
Ricky in the comments over at Wilder’s place has some more background on the bank failures, and it’s not just Thiel bailing.
n
https://wilderwealthywise.com/things-you-cant-say-2023/#comments
I was afraid of that. There is a immediate solution but, it will be expensive. Make all the tbills that the banks bought variable rates ex post facto.
And, to stop the bank runs, guarantee every deposit that the FDIC banks are holding. I don’t want to talk about the private banks, you gotta be special to get into one of those as they require a million dollar deposit (or more, way more) to open an account.
@Lynn
“Since the process is such a low temperature differential, the efficiency is only around 10%. But, the energy is free.”
Can’t cheat Carnot. But if the equipment is costly, free will cheat you.
Nah, that process is all low pressure. Should and last forever.
You can cheat Carnot. We do it every day with combined cycle power plants. But they need longer time to startup.
So next comes a run on the grocery stores as the credit markets shutdown ?
So next comes a run on the grocery stores as the credit markets shutdown ?
– we’ve seen it before.
n
“Looks like the US Army’s new rifle isn’t living up to expectations”
https://bayourenaissanceman.blogspot.com/2023/03/looks-like-us-armys-new-rifle-isnt.html
Wow, now that is a real review. Why don’t we just move to the AR-10 rifle with the NATO 7.62 by 51 mm round ? I am fairly sure that Colt, Ruger, and a few others can make those on today’s assembly lines without exotic materials like the composite case and the tungsten penetrator.
So next comes a run on the grocery stores as the credit markets shutdown ?
– we’ve seen it before.
n
Shoot, we saw it just back in March 2020.
Just remember this, if the grocery store won’t take a credit card or a personal check, they will probably take cash. Got a cash stash ?
@lynn:
Maybe the weight of a usable loadout? When 5.56 came in, I saw reports that 7.62 was too heavy to permit carrying enough rounds. Or was it that the rifles were too heavy? I’m unsure.
Anyway, in the Falklands in 1982, British squaddies were complaining that their 5.56 shots didn’t have enough stopping power.
G.