Thread: Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse

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

BY: Paul Bedard December 26, 2013 | 11:33 am | Modified: December 26, 2013 at 12:33 pm

Image from Marotta's website warning investors to prepare a "bug-out" bag in case of a fiscal collapse.

SOCIALISM GUN CONTROL WASHINGTON SECRETS

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.”
He provided a list of items and even a link to bug-out bags on Amazon.

Paul Bedard, The Washington Examiner's "Washington Secrets" columnist, can be contacted at pbedard@washingtonexaminer.com.

http://m.washingtonexaminer.com/be-p...rticle/2541205

Top Wall Street Advisor: You Need Guns and Ammo for Protection in Collapse

The Washington Examiner is reporting that a top financial advisor is worried that Obamacare, the NSA spying scandal and spiraling national debt are increasing the chances of a fiscal and social disaster. He believes many of his clients have legitimate fears about an impending financial and social disaster
Financial adviser and Forbes contributor David John Marotta, a Wall Street expert 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.”
The memo is series of such addressing the potential for a “financial apocalypse.” His view, 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.
“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.

Marotta went on to say that there are other items that can be included in a so-called bug-out bag, a portable kit required to survive a disaster for 72 hours.

“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.”

He provided a list of items and even a link to bug-out bags on Amazon.


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Wall Street adviser recommends food, guns, ammo for protection in collapse

BY STEVE STRAUB ON DECEMBER 26, 2013 · 3 COMMENTS · IN CURRENT EVENTS

It does not hurt to be prepared!

Via the 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.

What do you think, long and drawn out malaise, precipitous decline, or a return to growth?

http://www.thefederalistpapers.org/c...on-in-collapse

APOCALYPSE NOW: Wall Street advisor recommends guns, ammo for protection in collapse

Posted on Friday, December 27th, 2013 at 11:19 am.
by: Thomas Jefferson



via The Clash Daily

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.
Read more: WashingtonExaminer.com

http://www.conservativeinfidel.com/u...tion-collapse/