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U.S Banks Post Second-Highest Profit in 23 Years in 2Q 2014

U.S Banks Post Second-Highest Profit in 23 Years in 2Q 2014

( Wall Street Journal ) Banks are lending to companies and individuals at the fast...

Homeland Security Buying 450 Million New Bullets Offering "Optimum Penetration for Terminal Performance"

This should give us all pause...

Eloise Lee | Business Insider:

The Department of Homeland Security (DHS) and its Immigration and Customs Enforcement (ICE) office is getting an "indefinite delivery" of an "indefinite quantity" of .40 caliber ammunition from defense contractor ATK.

U.S. agents will receive a maximum of 450 million rounds over five years, according to a press release on the deal. 

The high performance HST bullets are designed for law enforcement and ATK says they offer "optimum penetration for terminal performance."

This refers to the the bullet's hollow-point tip that passes through barriers and expands for a bigger impact without the rest of the bullet getting warped out of shape: "this bullet holds its jacket in the toughest conditions."

We've also learned that the Department has an open bid for a stockpile of rifle ammo. Listed on the federal business opportunities network, they're looking for up to 175 million rounds of .223 caliber ammo to be exact. The .223 is almost exactly the same round used by NATO forces, the 5.56 x 45mm. ...continues...

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