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Gunmaker Savage Arms to be sold-off after betting on AR-style tactical weapons

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Legendary gunmaker Savage Arms is being sold off by its parent-company after making a shift to AR-style rifles just prior to the Parkland school shooting massacre and ensuing backlash against the National Rifle Association, The New York Times reported Tuesday.

Savage, which was founded in 1894, was until recently best-known for selling bolt action and lever (cowboy) action rifles. In recent years, Savage bet big on the AR-15 market of so-called “modern sporting rifles.”

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Vista Outdoor, the gunmaker’s parent company, will now be selling off Savage and Stevens Arms, a sister company. This announcement in an earnings call comes shortly after the March bankruptcy filing by Remington.

“The bottom line is this: The company grew too fast and beyond its core, the portfolio became too diverse, and the pressures mounted,” said Chris Metz, Vista’s chief executive. “We were too slow to make adjustments, and the ones we did make didn’t have enough of an impact to right the ship.”

Following the Florida massacre, REI suspended orders of Vista Outdoor’s bike helmets and water bottles over the company’s production of AR-style rifles.


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‘Comparing yourself to terrorists?’ Internet cracks up at Trump saying dead 9-11 hijackers got more justice than him

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President Donald Trump quoted Fox News host Mark Levin that left many scratching their heads. Levin, who has a show on Sunday evenings, claimed that the terrorists from Sept. 11 got more due process than the president.

The claim was a curious one because, as many on Twitter noted, it's not often that the president of the United States compares himself to a terrorist. Secondly, the 9-11 hijackers all died in the attack, as they were on the planes that crashed into the buildings and into a Pennsylvania field.

Trump is known to quote Levin frequently, though the citations often make the president look worse.

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MLK was ‘gravely disappointed’ with white moderates — whom he believed were responsible for impeding civil rights

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"We also realize that the problems of racial injustice and economic injustice cannot be solved without a radical redistribution of political and economic power."

—Martin Luther King Jr., 1967

This Martin Luther King Jr. Day comes as moderate Democrats, falling in line behind former vice president Joe Biden, are warning that the party risks re-electing Donald Trump if it nominates too radical a candidate for president — by which they mean someone like Senators Bernie Sanders or Elizabeth Warren.

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Harvard law professor Laurence Tribe catches Alan Dershowitz in humiliating hypocrisy: ‘He’s not to be trusted’

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Harvard Constitutional law professor Laurence Tribe called out President Donald Trump's lawyer, Alan Dershowitz, Sunday on Twitter, noting that his opinions seem to evolve depending on who he's defending.

Dershowitz is on a kind of press junket for the president, defending him in various media appearances. The former lawyer to Jeffrey Epstein is handling Trump's defense as it pertains to the abuse of power. Dershowitz thinks that charge has no basis in law. In fact, impeachment trials aren't actually legal proceedings, they're political proceedings, because the Justice Department claimed that Trump can't be indicted under the law while he's president.

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