I'm going to echo Phaedrus on this. Forget the blanks: if you want--and have the time--to fire warning shots, fire live rounds into the dirt. If you don't have the time to fire warning shots, you will have a ready defense, without having to crank through two blanks. Blanks are--maybe--just as effective as live ammo...when the barrel is pressed against the flesh of your target.
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Improvise,
Utilize,
Realize.