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The Headline was on Drudge Report yesterday. The story was carried on Fox News last night. It came from something from yesterday's Washington Examiner. It seemed shocking that a Wall Street advisor would recommend guns and ammo in case of a collapse:
Be prepared: Wall Street advisor recommends guns, ammo for protection in collapseBY PAUL BEDARD | DECEMBER 26, 2013 AT 12:33 PM
A top financial advisor, worried that Obamacare, the NSA spying scandal and spiraling national debt is increasing the chances for a fiscal and social disaster, is recommending that Americans prepare a "bug-out bag" that includes food, a gun and ammo to help them stay alive.
David John Marotta, a Wall Street expert and financial advisor and Forbes contributor, said in a note to investors, "Firearms are the last item on the list, but they are on the list. There are some terrible people in this world. And you are safer when your trusted neighbors have firearms."
His memo is part of a series addressing the potential for a "financial apocalypse." His view, however, is that the problems plaguing the country won't result in armageddon. "There is the possibility of a precipitous decline, although a long and drawn out malaise is much more likely," said the Charlottesville, Va.-based president of Marotta Wealth Management.
Marotta said that many clients fear an end-of-the-world scenario. He doesn't agree with that outcome, but does with much of what has people worried.
"I, along with many other economists, agree with many of the concerns expressed in these dire warnings. The growing debt and deficit spending is a tax on those holding dollars. The devaluation in the U.S. dollar risks the dollar's status as the reserve currency of the world. Obamacare was the worst legislation in the past 75 years. Socialism is on the rise and the NSA really is abrogating vast portions of the Constitution. I don't disagree with their concerns," he wrote.
In his latest note, he said that Americans should have a survival kit to take in case of a financial or natural disaster. It should be filled with items that will help them stay alive for the first 72-hours of a crisis, including firearms . . .
What should be most shocking about this is that it was newsworthy enough to not only make The Examiner but also Fox and Drudge Report. The fact is that Americans are woefully unprepared for anything other than a rising stock market and growing economy. Any external attack or internal failure could prove disastrous. And, as we have demonstrated repeatedly and even the head of the NSA has admitted, such attacks are planned and could well prove successful.
Startling NSA Admission that Economic Warfare is a Serious Threat;
So, What Is Your Game Plan to Deal With It?
That's why I wrote the book Game Plan: How to Protect Yourself from the Coming Cyber-Economic Attack. We go into great detail regarding how to protect yourself–the kind of things that Marotta touches on. The book's official release date is January 6. It's available at Amazon, Barnes and Noble, and better bookstores everywhere. Learn more about the book and how to protect yourself at http://secretweapon.org.