More than $100 million in sales for 26 straight years.
Feb. 12 (Bloomberg) -- Bloomberg's Matt Miller takes a look at the history of the Glock handgun, and how the rise of the weapon's popularity mirrored its appearance in pop culture and on the streets during the 1980s cocaine wars.
Gun Control via liability insurance.
You'll need at least $1 million to own a gun.
A bill was introduced in the State Assembly by Felix Ortiz (D-Brooklyn) that would require citizens of New York to acquire liability insurance as a condition to gun ownership.
Bill S2353 will require all gun owners in NY to obtain and "continuously maintain" insurance coverage of at least $1 million, or they will suffer "immediate revocation of such owner's registration, license and any other privilege to own" a firearm.
If the citizen fails to obtain the insurance, then by simply owning the firearm, they will be in violation of the law.
It is estimated that the required $1 million liability policy would cost a holder $1600-2000 annually.
If the bill is passed, gun owners will have 30 days to get the insurance.
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