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Thread: Remington Arms Bankrupt

  1. #1
    Join Date
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    Remington Arms Bankrupt

    Damn, but the times are changing, and not in a good way either.

    Remington Arms, America’s oldest gun maker, is preparing to file for Chapter 11 bankruptcy protection and is in advanced talks for a potential sale to the Navajo Nation, The Wall Street Journal reported on Friday.
    SOURCE
    The only way of discovering the limits of the possible is to venture a little way past them into the impossible - Arthur C. Clarke

  2. #2
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    Damn the Indians finally get guns.

    If it happened 600 or so years earlier we might not be here.
    Fred

    "Everyday I beat my own previous record for number of consecutive days I've
    stayed alive."

    'Take care of yourself, and each other.'

  3. #3
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    Quote Originally Posted by FredK View Post
    Damn the Indians finally get guns.

    If it happened 600 or so years earlier we might not be here.
    The times, they are a-changing for sure, Fred......Ben
    The future is forged on the anvil of history...The interpreter of history wields the hammer... - Unknown author...

  4. #4
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    That's sad

    I can't count how many Remington's are in my collection.
    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
    “You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis

  5. #5
    Join Date
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    There may be more to this than meets the eye. Native Americans have rights to their land that others don't. For instance casino gambling is illegal here but the Native Americans can have casinos. Maybe if the government steps in on guns strongly the Native Americans might just tell them to jump in the lake it's on our land. Just a thought. I also heard the Bankruptcy was going to be filed in Alabama.
    OPINION....a view or judgment formed about something, not necessarily based on fact or knowledge.

  6. #6
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    Not too shabby - two historical organizations (Navajo & Remington) coming together.

    Hunter
    I don't care if it hurts. I want to have control. I want a perfect body. I want a perfect soul. - Creep by Radiohead

  7. #7
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    I have always contended that Tribal governments should actually use their sovereign immunity, rather than just squawk about it. They could revolutionize the manufacture of products like guns that carry significant liability. They should also manufacture airplane parts, football helmets, and medical devices.

    While the downside would be 10's of thousands of lawyers out of work, imagine the manufacturing renaissance.

    On topic, I can't remember a time in the last several decades when some iconic firearm manufacturer was being reorganized. The industry is notoriously fluid if you ask me.
    "Back after 5 years. I thought you had died.

    don"


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