Second Amendment to the U.S. Constitution - Bill of Rights

"A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed."

Preservation and Proposition

Our mission is to document the pivotal Second Amendment events that occurred in Frontier Mercersburg, and its environs, and to heighten awareness of the importance of these events in the founding of our Nation.

We are dedicated to the preservation of the place where the Second Amendment was "born" and to the proposition that the Second Amendment (the "right to bear arms") is the keystone of our Liberty and the Republic.

Friday, December 27, 2013

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


By Paul Bedard - 12/26/2013

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.
Web URL: http://washingtonexaminer.com/article/2541205


1 comment:

  1. The right to bear arms 2nd amendment an appraisal of the issue in its historical context. How does the second amendment "A well regulated militia being necessary to the security of a free state the right of the people to keep and bear arms shall not be infringed" fit in with modern society. Is it fit for purpose or does it in turn need to be reformed or amended? - http://youtu.be/sh3zzs9Tmsw

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