What happened to all of the doom and gloom economic threads?

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Gun Sales Surge: Smith & Wesson Announces Sales +48%
Via Mike Krieger of Liberty Blitzkrieg blog,


I have maintained for quite some time that the only true “consumer confidence” statistic one should look at is that of gun sales. The bottom line is people do not hoard guns when they are confident about the future of the country, and gun sales have never been better. More evidence emerged asSmith & Wesson just announced recordfinancial results. Fromthe company’s press released announced after the market close:


Net sales from continuing operations for the second quarter were a record$136.6 million, up 48.0% from the second quarter last year. The increase was led by continued strong sales across all of the company’s firearm product lines, including M&P™ branded products, such as pistols, modern sporting rifles, and the recently launched Shield™ pistol designed for concealed carry and personal protection.

Not only that, but they think the future is equally confident…for gun sales at least.

The company expects net sales from continuing operations for the third quarter of fiscal 2013 to be between$126.0 million and $131.0 million, which would represent year-over-year growth from continuing operations in excess of 30.0%. The company anticipates GAAP earnings per diluted share from continuing operations of between$0.19 and $0.21for the third quarter of fiscal 2013.
Perhaps this is why Bob Costas and PiersMorgan are running around the mainstream media bashingguns. The White House is totally freaked out about this and I guarantee you there will be a meeting about these results in D.C. shortly.
 
At Random House, Employees Will Enjoy 5,000 Shades of Green

By LESLIE KAUFMAN

Random House had its corporate Christmas party on Wednesday night in New York, and word is that Santa likes bondage. A lot.

Markus Dohle, the chief executive of Random House, promised employees — from top editors to warehouse workers — a $5,000 bonus to celebrate a profitable year. The cheering went on for minutes, according to people in attendance.

Call it 5,000 shades of green.

This year, Random House had the good fortune to publish E. L. James’s “Fifty Shades of Grey,” about an inexperienced college student who falls in love with an older man with a taste for trying her up and whipping her, among other delights. The book has topped the New York Times paperback best-seller list for 37 weeks and counting. The sequels “Fifty Shades Darker” and “Fifty Shades Freed” have been in the top five for a similar amount of time.

The e-books have been best sellers even longer.

Also, Random House has had other big best sellers including “Gone Girl,” a mystery by Gillian Flynn that has sold over one million copies; “Wild” by Cheryl Strayed; and John Grisham’s latest, “The Racketeer.”

The bonuses will be issued in the next paycheck. To be eligible for the complete bonus, employees must have worked a full year at the company; everyone else will receive a prorated gift.

Stuart Applebaum, a spokesman for Random House, a division of the German conglomerate Bertelsmann, confirmed that several thousand American employees would be covered.

The first book in the “Grey” series was originally published by a small house in Australia. But it was acquired by Vintage, a Random House division, at the beginning of the year and has been a publishing phenomenon almost ever since. According to Random House, the book has sold more than 35 million copies in the United States.


http://mediadecoder.blogs.nytimes.com/2012/12/06/at-random-house-employees-will-enjoy-5000-shades-of-green/

http://25.media.tumblr.com/tumblr_mbfoyrBGwE1qz4mnko4_1280.gif
 
Nice bonus. I worked for a company who paid great bonuses and who paid great salaries. Before the Great Recession. Sigh.

PS Still haven't heard from any conservatives. Must be busy. :)
 
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