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The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
Better grab another S12........
http://www.zerohedge.com/article/end...eek-bankruptcy Text of report by Gazprom-owned, editorially independent Russian radio station Ekho Moskvy on 21 September [Presenter] Russia's largest small arms manufacturer, the Izhevsk Mechanical Works [Izhmash], could be declared bankrupt. It became know today that a corresponding petition has been received by the arbitration court of [the Republic of] Udmurtia from the enterprise. Aleksey Gusarov reports. [Correspondent] The Izhmash concern, considered to be the pride of the Russian defence industry, could become unprofitable. The arbitration court of Udmurtia will now study the financial documentation of the joint-stock company. If the results of the court examination recognize the bankruptcy petition as justified, the concern's restructure will begin. Bankruptcy proceedings, should they happen, will help Izhmash rid itself of debt burdens. Moreover, experts do not rule out that a new wave of unemployment will sweep over Udmurtia in this case. I would like to recall that earlier, production came to a halt at the Molot plant [Vyatskiye Polyany Machine Building Plant Molot] in Kirov Region, a part of the Izhmash concern. This largest Kalashnikov assault rifle manufacturer now stands idle. No state order means no money to pay employees, nor to repay debts to creditors. [Presenter] It is expected that Udmurtia's arbitration court will hold a preliminary examination of the Izhmash case on 7 October. |
Re: The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
The irony of building a product that keeps going and going and going.......:adore:
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Re: The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
This is very sad. Izhmash is 202 years old. But capitalism destroys everything of value.
I'm glad I didn't buy the Saiga 223...good luck getting parts if someone doesn't keep the plant open. |
Re: The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
damn, I wanted a saiga 308. guess I better hurry up
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If capitalism destroys, then I guess communism builds and is superior? Don't attack a word when you don't know what it means and what the alternative is. "Capitalism typically refers to an economic and social system in which the means of production (also known as capital) are privately controlled" http://en.wikipedia.org/wiki/Capitalism The only alternative to this is to have the means of production to be PUBLICLY controlled (i.e. by the state, i.e. communism) |
Re: The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
This really sucks. Someone wanted it closed. There is no way they can't be profitable with just the demand from Tromix!
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Izhmash makes a world-class product, but now they're bankrupt because banksters swooped down on them. |
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If you are so inclined to Izmash products (I am ) Every Patriot should have TRIPPLE REDUNDENCY. T |
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I'm not saying the system we live in now is capitalism, or that it has ever been capitalist, but stop muddying the waters and playing the definitions game. |
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Under public ownership of the means of production (non-capitalism, or communism) -- what do you suppose the efforts are directed towards? I guarantee the answer is far more nefarious than mere profit. Profit is NOT a bad thing. Profit means that you are providing value to the marketplace. People don't give you their money unless you are providing value to them. (or unless the government makes you give them your money, which is contrary to capitalism). I would rather profit be maximized by any means necessary than slavery/servitude be maximized by any means necessary. Make your choice. Either you are free to make a profit in the free market, or you are not free. I would rather be free. Go live in a commune or move to China if you prefer public ownership. Of course, under non-capitalism, you don't have any private property so don't complain when you don't own anything. |
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For your edification the banksters are not capitalists. They are monopolists! If they were capitalists they wouldnt have destroyed capitalism to a point to convince it doesnt work when it worked well for over 200 years. And aren't you the one who proved to everyone you dont know squat about the Constitution and talked down the Constitution like it was worthless from the beginning? Yeah........I remember know........that was you! |
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Dictatorship was not possible under the Articles of Confederation. Which is what the Anti-Federalists (real patriots) told us all along. The Anti-Federalists forced the Bill of Rights as a weak attempt to control the Federal regime the Constitution created. |
Re: The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
I just picked up a AT-14 so I am set
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Re: The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
I think we need to have an AK47 appreciation day...everyone in the world should go outside and hold up your AK at the same time.
Imagine what that would look like. :biggrin: |
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Should we bring all of them or just our favorites? I will need some extra hands.:s1:
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Why did Thomas Edison invent the lightbulb and so many things? Why did Ben Franklin invent the stove and so many things? Profit. In this "free enterprise" system you describe, what were enterprises free to do if it wasn't make profit? What kind of freedom did you envision enterprises to have? The freedom to crossdress or what? |
Re: The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
This is like Winchester when they closed down shop.
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Re: The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
This sucks ass. I love my Saigas and I will crap a chicken if I can't get replacement parts for them.
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Re: The End Of An Era: Kalashnikov Maker To Seek Bankruptcy
No worries. The AK will outlast the cockroaches. In the event that parts become a concern, the demand will compensate with supply. It is the nature of the concrete jungle. I recommend buying a gas piston or two and an extra trigger assembly so that your great grandkids can see what the internal parts they'll never need to replace looks like.
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