I'm Writing a Gun Bill. What Do You Think?

[dorminWS]

There are some "shades of gray" on preferred stock where creative financiers have done some unusual things under limited circumstances with rights of preferred stockholders, but as a general rule (and particularly with respect to large publicly-held corporations), except for priority with respect to payments of dividends that preferred shares enjoy, everything I said about the strictures on management and control for common stockholders also applies to preferred stockholders.

[MarcSpaz]

I'll take your word for it. I'm not am investment broker, just a computer geek trying not to loose my house if my business gets sued into bankruptcy. That's why I let the lawyers set everything up for me.

Still... you guys are still taking a joke way too seriously. You have to have fun with this stuff.

[dorminWS]

I'll take your word for it. I'm not am investment broker, just a computer geek trying not to loose my house if my business gets sued into bankruptcy. That's why I let the lawyers set everything up for me.

Still... you guys are still taking a joke way too seriously. You have to have fun with this stuff.

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Sorry. Sometimes I guess I just can't help myself.

[MarcSpaz]

Hahaha. NP. We're all friends and I don't mind being corrected. So its all good!

[ Post made via Mobile Device ]

[FiremanBob]

Warning: I try to avoid being pedantic, but corporate finance has been my specialty since 1981.

Yes, preferred stock can be voting, and in private corporations it often is. In fact, in venture capital financed capital structures preferred is super-voting, with multiple votes per share. But you would very rarely see voting preferred in a publicly traded corporation.

Marc, I support your desire that peaceable armed citizens not be discriminated against by anyone. But education, not legislation, is the only way to achieve it while preserving sacred individual rights. Of course, that education could come from bitter experience, but the history of public school safety in the past 25 years indicates that some people (we know who they are) don't learn very well. You'd think that after Columbine all the principals and a good proportion of the teachers would be armed every day.

[MarcSpaz]

I think you're right. As much as I would love to use the law to our advantage... I suppose all that would do is force my will on others. That is not good. In fact, its one of the problems I see with anti-2a people and laws. I don't want to fall to that level.

It is just so frustrating. I feel like education only works when that person is in a position to want to learn. Anti-firearms folks are so heavily brainwashed that they wont even begin to listen to another possible position. There is no teachable moment when someone believes they're right.

If anyone has any ideas, I'm all for it. I'm at a loss.

[GregVa]

OK so if you have to go into a store that bans guns when you are OC or CC what do you do? Do you guys have a under seat safe? Lock in glove box? Is that the best way? Right now I just dont go in if I see a sign and I am CC.

[MarcSpaz]

If I go somewhere it is posted that firearms are not allowed or if I have to go somewhere weapons are restricted due to federal or state code, I have a weapons safe that is bolted to the body of my truck from inside the safe. I'll just stick it in that.

If I have to go to a courthouse, I feel better using the weapons check-in that LEO's use. If my truck gets stolen or if someone targets my vehicle specifically looking for something, they aren't gonna find it.

Now, with places like Chipotle, Target, Starbucks, etc., where there are no signs nor notices posted, but they have voiced a concern and requested that we not take weapons in their stores, I carry anyway. However, I will be discrete and CC.

I think the companies I mentioned don't have an anti-2a position. I have this opinion mostly for two reasons. 1.) smart businesses will not alienate a group of people regardless of any differences in opinion. 2.) the open letters only came after several groups of jackasses on both sides of the argument made a commotion in their businesses.

I do think that they don't want to be ground-zero for the debate, which is the reason for the open letters without the outright policy and public signs at their locations. With that in mind, I try to be respectful and not flaunt it in their face, but still (legally) protect myself.

Keep in mind, to the best of my knowledge, when it comes to the law and private businesses, it must be posted clearly at all entrances. Even though VA repealed the laws that made it a firearms violation to carry in a private business posting no weapons signs, it is still criminal trespassing if you ignore the signs.