Monday, November 10, 2008

Two bright spots in the economy

McDonald's same-store sales rose 8.3 percent in October, beating its own estimates. Most other restaurants reported declining sales.

Every vendor I've checked are out of stock of Magpul polymer, 20 or 30-round AR-15 magazines and 30-round mil-spec aluminum magazines. And the National Shooting Sports Foundation reports firearms sales are 10 percent higher this fall compared to the last. October sales are 15 percent higher than October 2007. Ammunition sales were up 14.2 percent in the second quarter of 2008 despite price increases caused by a global metals shortage.

Trial lawyers, one of the major blocks of the Democratic Party, have long waged wars on fatty food and guns. I don't see McDonald's and the firearms industry faring too well this time next year. Neither will find love when seeking federal bailouts unlike Detroit's no-longer-big-three automakers and AIG.

In the meantime, the Change Administration is going retro. Obama isn't a socialist--he's a monarchist. He's going to be a king, according to his spokesperson , Valerie Jarrett, who appeared on Meet the Press yesterday.

Ms. Jarrett is "the other side of" President-elect Obama's "brain", believe it or not.

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