Colt's gun is a Colt 1911.  It has a grip safety and won't discharge if stuck in your pants.  It's not a sign of his decline, it's a sign he knows how his firearm operates.

In the previous episode Colt asks the dealer "if the chamber is empty, or the safety is on, or both"
In Colt's case, it is at least the latter - Colt's gun is a Colt 1911 (or 1911 manufactured by another maker) which has the safety in the rear of the grip.  They will not fire unless the grip safety is depressed, i.e.…

Freebasing cocaine?
That's meth he's smoking. Smokes the same as coke, but goes down smoother…

ZMF is a 20 year old Slayer fan from Cleveland, OH, who works in a canning factory. Haven't you heard?

@Victor.Echo.November (nice handle, btw)

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What, no Mars Volta?

You know, no one ever brought it up. But then again, most of the guys I was in with had been down state since before OZ even came on, and you know, no premium channels in prison.