Noma Bar for Reader's DigestWhen
Joan Langbord found ten gold coins in a family safe-deposit box in
2003, she knew she’d unburied a treasure. Langbord, then 75, had worked
in her late father’s Philadelphia jewelry store her entire life, and she
was fairly sure that the coins were 1933 double eagles. Designed by
American sculptor Augustus Saint-Gaudens with Lady Liberty on one side
and a bald eagle on the other, the 1933 double eagle is one of America’s
rarest and most beautiful coins.
Although 445,500 double eagles were minted in 1933, each one valued at $20, they were never issued (unlike these rare dimes worth nearly $2 million).
Instead, 500 coins were held by the U.S. Mint’s cashier, and the rest
were sealed away in the agency’s basement vault. President Franklin D.
Roosevelt had pulled all gold coins from circulation because people
were hoarding gold during the Depression, depleting the Federal
Reserve’s stash. The Mint ultimately sent two of the 1933 double eagles
to the Smithsonian; the rest were melted into bars and stored in the
just-built Fort Knox in Kentucky.
Noma Bar for Reader's Digest
Or so the Mint thought. In the
1940s, reports of private collectors trading 1933 double eagles shocked
Mint officials and sparked a Secret Service investigation. The agents
discovered that a cashier had smuggled an unknown number of the coins
out of the Mint. The Feds traced ten of them to Philadelphia jeweler
Israel Switt—Joan Langbord’s father. Switt had sold those coins to
private collectors, later testifying that he had no records of how he’d
obtained them or from whom he’d bought them. He was never prosecuted
for any crime.
The trail went cold until almost
60 years later, when an English coin dealer tried to sell a 1933 double
eagle to a New York collector. The U.S. government immediately seized
it. It turned out to be a stolen coin Switt had sold to a Philadelphia
collector; it had later been sold by a Texas collector to Egypt’s King
Farouk, in 1944. Unaware then that the Secret Service was investigating
the stolen coins, the Department of the Treasury mistakenly had allowed
King Farouk to export the coin. Because of its own error, in 2002 the
government agreed to sell that 1933 double eagle at auction and split
the proceeds between the English coin dealer and the Mint. It sold for
$7.6 million. (If any of these 15 valuable coins are in your wallet, you could get a nice chunk of change too.)
It was two years later that
Langbord took her 1933 double eagles to the Mint for authentication.
Assuming that her father had owned the coins legally, she hoped to make a
similar arrangement, which would have netted about $40 million,
according to Langbord’s original claim. The Mint refused—and confiscated
the coins, claiming that the double eagles “already are, and always
have been, property belonging to the United States.”
In 2006, Langbord sued the Mint,
the Treasury, and various federal officials. She claimed there was a
period in 1933, after the coins were minted but before Roosevelt pulled
gold from the market, when her father could have legally purchased
them. The government maintained that the coins were stolen.
Should the government return the coins to Joan Langbord? You be the judge.
The Verdict
Noma Bar for Reader's Digest
No, but it took the courts nearly a decade
to make that call. The case came down to one question: Were the coins
stolen, or was it possible that they were accidentally but legally
issued and then sold to Switt? The United States Court of Appeals for
the Third Circuit ruled in August 2016 that the coins were the Mint’s
property, citing testimony showing that Mint records “track the movement
of each 1933 double eagle. These records were remarkably detailed.” In
other words, says Mint attorney Greg Weinman, “these coins didn’t go out
through the front door—they went out the back door.” Langbord appealed
to the Supreme Court, but in April 2017, it declined to hear the case.
For the gun owner who thought they had everything, you might want to
scope this news release from Inland Manufacturing. . . it sounds like
they’ve been working on something that may peak your interest.
Check it out in the news release below: New .30 Caliber Pistol for 2018 Available soon MKS Supply, Inc., Dayton, OH, October, 2017
– Inland Manufacturing, makers of the incredibly popular Inland series
of M1Carbines, debuts its new .30 caliber carbine pistol.
Inland’s
new M30-P pistol with Gear Head Mod II Tail Hook Arm Brace is a highly
modified version of Inland’s popular full size .30 caliber carbine. It
is fitted into a special Sage Enhanced Battle Rifle tactical carbine
stock, and comes with a Gear Head Works Mod II Arm Brace, Ergo Sure Grip
pistol grip, and handy (1/2×28 tpi threaded) 12-inch barrel.
The Sage EBR M30-P chassis*1
is specially designed for this Inland pistol and when combined with the
Mod II Tail Hook Arm Brace (fits the forearm, it is not a shoulder
stock) makes effective one-hand shooting a breeze. The easily removable
arm brace is incredibly quick to employ for a firm, positive fit for
either right or left hand use.
Inland’s 12-inch barrel delivers
excellent ballistics, especially with today’s modern ammunition. Each
M30-P is shipped with one 10-round magazine and, like all Inland .30
caliber carbines and pistols, the magazine catch fits higher-capacity
military and civilian magazines.*2
These features combine to make the Inland M30-P pistol a highly efficient, compact, robust, and accurate system. SPECIFICATIONS: Barrel: 12-inch threaded muzzle (½-inch x 28 tpi) with protector. Stock: Sage EBR Aluminum Chassis, MIL-SPEC black anodized and Gear Head Works Mod II Tail Hook Arm Brace. Caliber: .30 caliber carbine Sight: M1 style, with adjustable ghost ring aperture rear sight. Overall length: With arm brace: 29 3/8 inches – Without arm brace: 20 1/4 inches. Weight: With arm brace: 5.5 pounds – Without arm brace: 4.5 pounds. Capacity: One 10-round magazine with each pistol. MSRP: $1699
Puerto Rico's streets crawl with heavily armed, masked mercenaries bearing no insignia or nametags
Though Puerto Rican law prohibits ownership and bearing of most long-guns and especially semiautomatic weapons, the streets of the stricken US colony now throng with mercenaries in tactical gear bearing such arms, their faces masked. They wear no insignia or nametags and won't say who they work for, apart from vague statements in broken Spanish: "We work with the government. It’s a humanitarian mission, we’re helping Puerto Rico."
Rosa Emilia RodrÃguez, head of Puerto Rico's Federal Prosecutor’s Office, initially dismissed reports of the mercenaries, then, after reporters from the Centro de Periodismo Investigativo pressed her she said she'd "check it out."
After Hurricane Katrina devastated New Orleans, Erik Prince's Blackwater mercenaries flooded the city again, turning it into an "armed camp", after Brigadier Gen. Gary Jones, commander of the Louisiana National Guard’s Joint Task Force announced "This place is going to look like Little Somalia. We’re going to go out and take this city back. This will be a combat operation to get this city under control."
Erik Prince is now reportedly considering a senate run as a Trumpist candidate in Wyoming. His sister, Betsy Devos, has used millions from her husband's pyramid-scheme fortunes to fund efforts to destroy public education, and now serves as Trump's Secretary of Education.
Though the mercenaries in Puerto Rico won't identify their employers, there's good evidence that Blackwater (now called Academi) is or will soon be operating there, as well as other notorious mercenary gangs like Ranger America and the Whitestone Group.
Security firm Academi —known by its former name, Blackwater, which won $21 million contract with the U.S. government to provide security services during the Iraq war in 2003— said that they already have offers from the local and federal government and by the Red Cross to come to Puerto Rico.
“We’re ready to go,” said Paul Donahue, Chief Operating Officer of Constellis, Academi’s parent company, in a phone interview with the CPI. He explained that if the government of Puerto Rico accepts the proposal made by Academi to respond to the government’s offer, they would be providing security services for water transportation. The company already operates in the Caribbean islands of Dominica and St. Martin, where they arrived after Hurricanes Irma and Maria made landfall. This company, described as an army of mercenaries by investigative journalist Jeremy Scahill, has changed its name three times since its founding in 1997 by a former Navy Seal Officer (United States Marine, Air and Land Teams.)
TYLER, Texas - On Tuesday, the Department of Defense
announced the death of an East Texas soldier who was supporting
operation inherent resolve.
Spc. Alexander W. Missildine, 20, of
Tyler, died Sunday, in Iraq when an explosive device detonated near his
convoy. The incident is under investigation.
Before making the
decision to join the U.S. Army, Missildine was a student at Robert E.
Lee Hish School and he served customers at Bruno's Pizza in Tyler as a
busboy. Bruno's owner Jay Rumbelow said, "He left an impression on every
one here. He always had a smile on his face."
"Day one he surprised me because he gave me a hug when we first met," said Jo Jean Smith.
While
employed at Bruno's Pizza he made many friends. All saddened to hear
that their friend was gone. "I certainly didn't expect getting a phone
call said, "Rumbelow."
"I was saddened to hear about his early death. It's such a shame. He was such a fine young man, said Smith"
Missildine's
family asked for privacy at this time. Tuesday a yellow ribbon tied
around a tree of their home. To remind us that their son was a true
American hero. Tyler ISD released the following statement on Spc. Missildine's passing: "Tyler
ISD is saddened to learn of the passing Spc. Alexander Missildine, a
2015 graduate of Robert E. Lee High School. The District joins the Tyler
community in thanking him for his service to our country. Our thoughts
and prayers are with his family during this time of loss."
Small-town Texas company that invented 'bump stock'
is in the spotlight after Las Vegas shooting
MORAN -- In this tiny West Texas town on Thursday,
Jeremiah Cottle was trying to take comfort in the support he has gotten
from neighbors.
But elsewhere, there was little comfort. Cottle
and the company he owns, Slide Fire Solutions, have come under heavy
criticism for selling a rifle attachment that few outside of gun
enthusiast circles had ever heard of before this week.
But since a
gunman killed 58 people attending a country music concert Sunday night
in Las Vegas, a flood of attention has turned to Cottle's little-known
device, called a "bump stock" or "bump fire stock," which may have
enabled Stephen Paddock to turn semiautomatic, one-shot-per-trigger-pull
rifles into ones able to fire much like machine guns.
Online
commenters have called his invention "irresponsible" and said he has
blood on his hands. Retailers have rushed to pull the items from shelves
and websites. Members of Congress have called for the bump stock to be
banned. And in a surprise announcement, even the National Rifle
Association said it would not oppose regulation of the device.
Unshaven and red-eyed, Cottle, 40, declined to talk about the shooting or the blowback against the company he founded in 2010.
All of the attention clearly has taken him by surprise.
"I'm
a hunting and fishing kind of person," he said, standing in front of
his business that is housed in a corrugated metal building at the end of
a gravel driveway.
A 'bump stock' device fits on a semi-automatic rifle to make it fire like a fully automatic weapon.
AUSTIN - The Texas-based manufacturer of "bump stocks," the
accessory used to provide a deadly boost to the gunfire in the Las Vegas
massacre, temporarily has suspended its online sales due to
overwhelming demand as calls to limit - or possibly ban - the devices
grow stronger.
Before a dinner with senior military leaders Thursday, President
Donald Trump told reporters his administration is considering whether
"bump stock" devices that allow semi-automatic rifles to perform more
like fully automatic weapons should be banned.
"We'll be looking into that over the next short period of time," he said.
Slide Fire, based in Moran, 40 miles east of Abilene, posted a notice
on its website that it was no longer taking orders "to provide the best
service with those already placed." The company is the largest producer
of the device.
Bump Fire Systems, also in Moran and operated by the same
owners as Slide Fire, also posted on its website that it was temporarily
halting orders "due to extremely high demands."
Law enforcement officials said Stephen Paddock used several weapons
equipped with the bump stocks to unleash a barrage of bullets into a
crowd of 22,000 concertgoers from the 32nd floor of the Mandalay Bay. NRA confers with feds
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The bump stocks use the force of the gun's recoil to allow the gun to bounce off the shooter's trigger finger.
The modification allows a semi-automatic weapon to fire rounds at a rate that resembles that of an automatic weapon.
On Thursday, the National Rifle Association called on the federal government to review whether the bump stocks comply with law.
In a statement, the NRA said the device should be "subject to additional regulations."
Democratic strategists were quick to contend the NRA is maneuvering
to have Trump attempt to deal with the issue administratively through
federal agencies rather than supporting action in Congress, where gun
control advocates are eager to try to pass additional restrictions
beyond those dealing with bump stocks.
Some top Republicans in Congress, including House Speaker Paul Ryan
of Wisconsin and Republican Sen. John Cornyn of Texas, have said they
are open to considering a ban on the device, which costs about $200.
In Congress, support for a bump stock ban is starting to coalesce around several bills.
Sen. Dianne Feinstein, D-Calif., unveiled a bill Wednesday that would
ban the manufacture, sale and transfer of bump stocks and other
accessories that can accelerate a semi-automatic rifle's rate of fire.