Skip to comments.Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse
Posted on 12/26/2013 9:38:44 AM PST by upchuck
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.
(Excerpt) Read more at washingtonexaminer.com ...
Add bottled water to that bag.
The fact that this is getting play in the MSM is chilling. They usually go with stories when they’re already stale, so if they’re making this recommendation now, you should’ve started 3-6 months ago.
Correct. If a publication like the WSJ is saying this, then the fertilizer and the ventilator are about to make contact very, very soon.
It would be FOOLISH to ignore firearms, as one of many key survival tools. Too bad for those residing in New Jack City, however.
I'm with Gabby Johnson -- "I wash born here, an I wash raished here, and dad gum it, I am gonna die here, an no sidewindin' bushwackin', hornswagglin' cracker croaker is gonna rouin me bishen cutter."
Thanks, Johny, for that authentic frontier gibberish.
Meanwhile all Ryan, Boehner, McConnell, Peter King, Karl Rove and the rest of them can do is is criticize the Tea Party, Ted Cruz and the Pope.
That is what I have been predicting, that down the road there will be a revolt.
Yeah, bug out to where? It’s not like all will be well in a few days.
We should be hun ting down those responsible for getting us in this mess.
My bug out bag has to include my .44 mag as we have some big roaches here in KY.
I agree. Bug out to where? Anyone intent on ‘bugging out’ will find themselves with their little bug-out bag of corn chips and extra underwear and a half of tank of gas in their Audi wondering ‘where to?’.
Best to live where you’re already ‘bugged out ‘.
Never let your gas tanks get below half a tank. Never! Have a bug out emergency pack already made up. Either in the car trunk or in the closet nearest the exit door. When it is time, don’t hesitate, don’t look back and maybe don’t even take time to lock the doors. If separated, have an agreed upon safe place of rendezvous.
We should be hun ting down those responsible for getting us in this mess.
And indeed we will, during and after CW-II.
Reading further in the article...
Marotta said that many clients fear an end-of-the-world scenario. He doesnt agree with that outcome, but does with much of what has people worried.
And I tend to agree with Marotta. There won't be a catastrophic melt down. Instead there will likely continue to be a long dollar destroying, wealth destroying tyrannical march towards full government control.
A little late, ammo is available but expensive and hard to find in bulk. Primers are available but limited and about 50% more expensive than 18 months ago. Bullets are on back order and pistol powder has just vanished from the market.
Also, why does the Washington Examiner (the actual source) writer act as if this financial guy is actually so worried about a collapse he is recommending ammo and guns when he ACTUALLY is only commenting on the bad financial advice of these end of the world videos that sucker people out of money?
His quote: "In this eight part series I am not making light of the concerns of survivalists. But I would like to review eight very specific recommendations from a recent video, all of which are representative of the financial scam techniques which often accompany such advice. Here their first piece of poor financial advice along with my comments:"
You then have to subscribe to get the comments (a scam in itself).
A scam about how others scam peoples fear- brilliant!
I have some very important comments on this guys comments about others comments...just send me $5 and I will share them.
“Correct. If a publication like the WSJ is saying this”
A publication like the WSJ is not saying this.
***Yeah, bug out to where?***
Don’t sweat the issue! Just get in the railroad cars! WE will take care of you. Because you stink, you will be sent to the showers upon arrival.
The decline of Weimar Germany wasn’t anywhere near a calamitous collapse, and 1930s America during the Depression was a precipitous collapse with little civil or social unrest. It takes an enormous social upheaval to cause a collapse that would result in widespread rioting, looting, and debauchery. It never hurts to be prepared for any eventuality.
Look at what happened to Bosnia and Serbia in the 90s. The absolute devastation and depravity in those countries during their civil war was the stuff of nightmares.
Firearms are the last item on the list...”
Sounds like you need especial situational awareness.
Just remember, when officials say it’s not time to panic - GET OUT!
Nothing wrong with practice runs either. Multiple routes.
Mega Dittos To That!!!!!!!!!!!!!!!!!!!!!!!!!!
Because I totally screwed up. You are right: the source is the Washington Examiner. I see the source has been fixed.
It is. I am. And I ain’t going anywhere. Bug out? I’m buggin’ in. Big time.
What all need to prepare for is stock & bond market collapse.
When full effect of Obamacare materializes, the middle class will be further squeezed. That will require more borrowing on credit on top of already record high personal debts. Rich are never affected. Poor may get more health services if doctors & hospitals are willing to work for a loss. Best ammo is good ole cash. Best time to buy when blood runs in to the streets as they say
Their time will come. Oh yes.
Pretty much understood it all except for “rouin me bishen cutter.”
No, no, he's right.
Everyone out there should think long and hard, maybe for a few years, about what firearms mean, what kind would be appropriate for you and your purposes, what it says about you and what kind of person it might make you, and whether or not it is an appropriate or even moral step for you to take.
As it happens I got most of that out of the way between my 7th and 8th birthdays. But all the Paul Bedard acolytes better do sum series studyun.
(Especially before hogging up any ammo I might need.)
Actually, we need to take our guns to DC.
And to the media.
I recommend Proverbs .223 and .308.
Yep, the democrat/progressive/Marxist plantations will be the first to be decimated by lawlessness. Maybe those on the plantation will deal with their democrat owners swiftly and harshly.
Theres a Great Storm coming everyone is feeling it and its one of the reason everyone is on edge. Deep down the alarm bells are ring the nerves on on edge and the mind is unsettled.
Its your choice you can prep or you can stand around on a bridge waiting for FEMA to bring you a bottle of water, a MRE, a warm blanket and a kiss for your boo-boo and maybe you can even get your picture as you stand there on the national news.
Any one with half a brain can look around and see for themselves what is happening right before their eyes.
So listen to what the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it. NIV Proverbs 22:3
One of the things Selco covers in this article is the fact that many will not accept that a breakdown is occurring even as they watch it happening before their eyes. Why dont they realize it? Its caused by a condition called Normalcy Bias a mental state people enter when facing a disaster.
It causes people to underestimate both the possibility of a disaster occurring and its possible effects. This often results in situations where people fail to adequately prepare for a disaster, and on a larger scale, the failure of governments to include the populace in its disaster preparations. The assumption that is made in the case of the normalcy bias is that since a disaster never has occurred then it never will occur. It also results in the inability of people to cope with a disaster once it occurs. People with a normalcy bias have difficulties reacting to something they have not experienced before. People also tend to interpret warnings in the most optimistic way possible, seizing on any ambiguities to infer a less serious situation.
A good article on Normalcy Bias is on our own ChocChipCookies Blog The Survival Mom:
You either prepare and stand on your own beholden to no one or you become dependent on others to provide your basic needs and become their serf. Me I dont want to be beholden to anyone for providing what is needed for me and mine. I certainly dont want to have to kiss some gubberment third class bureaucratic to try and coax some help from them, I dont want some jack booted thug herding me in line and telling me where to stand, sit, eat or sleep. And last but not least I dont want to be shut up in with a bunch of zombies and have to worry about not only trying to get basic necessities but having to fight to keep what I manage to get.
http://tomeaker.com/kart/Preparedness1j.pdf NOTE! THIS IS A FREE DOWNLOAD. I DO NOT MAKE ONE CENT OFF MY PREPAREDNESS MANUAL!
For those of you who havent started already its time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, cash (I myself have been putting up change for the past few years both for the metal content and the fact that using change to make what purchases you can will move you down the the list of possible marks during shtf), tools, things you buy everyday start buying two and put one up.
As the LDS say When the emergency is upon us the time for preparedness has past.
Again I like to recomend FReepers ChocoChipCookie Blog The Survival Mom (Please Blog Police let this one slide!) Where you can get lots of useful information like:
Also there is Ferfals Blog a survivor of Argentinas first collapse:
And there is Selcos Blog a Bosnian War survivor at:
There is no greater disaster than to underestimate danger. Underestimation can be fatal.
The consensus is the words 'bishen cutter' mean 'gutter' and Gabby Johnson was just a poor frontier settler, living in the gutter, yet proud of Rock Ridge and ready to fight for it.
What you and Gabby said, Johhny. LOL.
I’m stayin’ put.
As far away from large groups of Holders people as you can get.
It's coming. Be ready.
He's making a list, checking it twice, see who has been naughty and nice, Baraq o Claus is comin' to town.
Well darn. Put that way...I agree with you 100%.
I am so screwed.