Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse
2013 12 26

By Paul Bedard | Washington Examiner



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.

“A bug-out bag is a good idea depending on where you live even if the emergency is just power outages, earthquakes and hurricanes. And with your preparedness you will be equipped to help others who might be in need,” he wrote. “Be prepared. Especially because it keeps you from being scared.”

Read the full article at: washingtonexaminer.com




Related Articles


Latest News from our Front Page

VOTER FRAUD: Was the Scottish Independence Referendum Rigged to Fail?
2014 09 20
Was voter fraud committed during the Scottish Independence referendum? It has been confirmed that the names of 10 people were already crossed off a voter list prior them voting inside a polling station. According to reports, the Glasgow City Council confirmed that there were ten cases of suspected electoral fraud occurring at polling stations following the Scottish referendum vote on the 18th. ...
Scandinavians Split Over Syrian Influx
2014 09 20
This exemplifies the insanity of Scandinavia. The narrow victory of the left-leaning Social Democratic Party in Sweden’s elections last Sunday marked a broad shift in its politics. But a new coalition government is unlikely to reconsider one of the country’s most challenging policies: its response to the Syrian civil war. Sweden has taken an open-door approach to people fleeing the conflict, ...
The Israel lobby in United Kingdom - Who Runs Britain?
2014 09 20
Who runs British politics? Who in Britain supports all the wars the UK has been involved in? The Israel Lobby in the UK - Full Documentary By Peter Oborne from Dispatchees Links from Youtube: Zionist attack on western civilization Reed Douglas - The Controversery of Zion Source: youtube.com The cowardice at the heart of UK relationship with Israel Close friends and allies: Prime Minister David Cameron ...
Another Palestinian Mass Grave Discovered, Evidence of Massacre
2014 09 20
Another mass grave discovered, evidence of 1948 Judaic holocaust by bullets, knives and bludgeons against Palestinians. The Israeli military admits to have been surprised by the abilities of Palestinian resistance fighters during its recent war on the Gaza Strip. A top Israeli military official says he’s impressed by the training of Palestinian resistance fighters from Hamas and the Islamic Jihad groups. He ...
Russian Media to be owned by Russians
2014 09 20
Comment: Russian media by and for Russians? Wow, revolutionary! I guess they are stick of foreign oligarchs and zionist with dual citizenship. Duma seeks limits on foreign ownership of Russian media companies A group of opposition lawmakers have prepared a bill that orders Russian mass media companies to have at least 80 percent of their stock held by Russian investors. The bill is backed ...
More News »