Progress!!!

Fairfax, Va.— The National Rifle Association (NRA) commends Virginia’s leaders for reaching an agreement to secure the rights of law-abiding concealed carry permit holders. H.B. 1163 and S.B. 610 which will restore and promote concealed carry reciprocity for permit holders in the Commonwealth and around the country, were signed into law today.

“Now, more than six million law-abiding gun owners will be free to travel in and out of Virginia with their Second Amendment rights intact,” said Chris W. Cox, executive director of the NRA Institute for Legislative Action. “Self-defense is a fundamental right that must be respected.”

On Dec. 22, 2015, Virginia Attorney General Mark Herring decided to sever concealed carry reciprocity agreements with half the country. The change was set to take effect early in 2016. The decision nullified agreements with the following states; Alaska, Arizona, Arkansas, Delaware, Florida, Idaho, Indiana, Kansas, Kentucky, Louisiana, Minnesota, Mississippi, Montana, Nebraska, New Mexico, North Carolina, North Dakota, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Washington, Wisconsin and Wyoming.

In addition to providing concealed carry recognition for valid permits from other states, the bipartisan legislation signed today requires the Virginia State Police to enter into reciprocal agreements with other states where needed.

“Concealed carry permit holders are among the safest groups of citizens in Virginia and throughout the country. On behalf of the NRA’s more than five million members, we commend this effort to protect public safety and fundamental freedoms. Hopefully this effort will encourage Congress to pass national right to carry reciprocity legislation as soon as possible,” concluded Cox.

Governor McAuliffe signed the legislation earlier today despite a repeated onslaught of attacks from New York City Billionaire Michael Bloomberg and his misguided gun control allies.

Give Me Liberty

Hat Tip Old NFO@Nobody Asked Me.

H.R 2406 is out of the House (finally)…

Hunting, Fishing, and Recreational Shooting Protection Act

Components of firearms and ammunition and sport fishing equipment and its components (such as lead sinkers) are exempted from regulations of chemical substances under the Toxic Substances Control Act. The authority of the Department of the Interior and the Department of Agriculture (USDA) to regulate the use of ammunition and fishing tackle based on its lead content is limited.

Target Practice and Marksmanship Training Support Act

The Pittman-Robertson Wildlife Restoration Act is amended to: (1) increase the proportion of funding from the Act that states may use for acquiring land for public target ranges, and (2) delay by 10 years until 2026 the date after which interest from the wildlife conservation and restoration fund is available for apportionment.

Polar Bear Conservation and Fairness Act of 2015

Interior must…

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1993 World Trade Center Bombed By Illegal Aliens Given Amnesty | Creeping Sharia

Well-vetted no doubt. Source: 23 Years Ago the World Trade Center was Bombed Because of Illegal Alien Amnesty | Daniel Greenfield On February 26, 1993, the World Trade Center was bombed by Muslim t…

Source: 1993 World Trade Center Bombed By Illegal Aliens Given Amnesty | Creeping Sharia

Caught On Tape: U.S. Test Fires Nuclear ICBM, Warns “We Are Prepared To Use Nuclear Weapons,” by Tyler Durden

In fact, it happened just last night at 11:01pm PST at Vandenberg Air Force Base in California, where – for the second time this week – the US test-fired its second intercontinental ballistic missile in the past seven days, seeking to demonstrate its nuclear arms capacity at a time of rising strategic tensions with Russia, North Korea, China and the middle east.The unarmed Minuteman III missile roared out of a silo at Vandenberg Air Force Base in California late at night, raced across the sky at speeds of up to 15,000 mph (24,000 kph) and landed a half hour later in a target area 4,200 miles (6,500 km) away near Kwajalein Atoll in the Marshall Islands of the South Pacific.The entire launch was caught on the following video, which was released by Vandenberg just 4 days after the previous ICBM launch.

Source: Caught On Tape: U.S. Test Fires Nuclear ICBM, Warns “We Are Prepared To Use Nuclear Weapons,” by Tyler Durden

Now It’s Even Worse Than it Was When Lehman Collapsed, But It’s “Contained” by Wolf Richter

“The last time the pile of distressed debt had soared to this level was in November 2008, and the last time the number of distressed issuers had shot up to these levels was in October 2008; Lehman had declared bankruptcy in September.”

STRAIGHT LINE LOGIC

This article is not for the faint of heart. From Wolf Richter at wolfstreet.com:

“Distress” in Bonds Spirals into Financial Crisis Conditions

The pile of toxic corporate bonds in the US, euphemistically called “distressed” debt, ballooned 15% in the single month of February to $327.8 billion, up 265% from a year ago, according to S&P Capital IQ. The number of S&P rated US companies with distressed debt rose 9% in February to 353, up 128% from a year ago.

The last time the pile of distressed debt had soared to this level was in November 2008, and the last time the number of distressed issuers had shot up to these levels was in October 2008; Lehman had declared bankruptcy in September.

These “distressed” junk bonds sport yields that are at least 10 percentage points above US Treasury yields, according to S&P Capital IQ’s Distressed Debt Monitor. Put into a chart…

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