Peter Schiff talks about recovery, inflation, debt and investment…

JB3DProductions
YouTube
2/26/2013

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Update: Have you ondered why your government’s non-military agencies needed to purchase over a billion rounds of ammo? Well, someone has said aloud what many have been thinking:

Palin: Washington buying bullets for us  ‘We’re going to default eventually and that’s why feds are stockpiling’

…Palin says the feds are afraid of what might happen if the sequester goes into effect.

She writes on her Facebook page: “If we are going to wet our proverbial pants over 0.3% in annual spending cuts when we’re running up trillion dollar annual deficits, then we’re done. Put a fork in us. We’re finished. We’re going to default eventually and that’s why the feds are stockpiling bullets in case of civil unrest.”

The sequester will trigger $85 billion in immediate cuts to federal funding and $1.2 trillion over 10 years unless lawmakers reach a deal by Friday.

The prospect of civil unrest puts a chilling spin on an off-teleprompter remark then-candidate Barack Obama made in a Colorado campaign speech in July, 2008.

“We cannot continue to rely on our military in order to achieve the national security objectives that we’ve set. We’ve got to have a civilian national security force that’s just as powerful, just as strong, just as well-funded,” said candidate Obama.

Palin’s warning echoes a WND report Feb. 17 citing radio host Mark Levin’s point that federal non-military agencies have purchased enough ammunition recently not only to shoot every American five times but also engage in a prolonged, domestic war.

Why do federal agencies need all that ammunition?…

…As WND reported last August, news that the Social Security Administration was set to purchase 174,000 rounds of hollow-point bullets for 41 locations across the country followed word of major ammo buys by the DHS and the National Oceanic and Atmospheric Administration.

A solicitation posted by the SSA on the FedBizOpps website asked for contractors to supply 174,000 rounds of .357 Sig 125 grain bonded jacketed hollow-point pistol ammunition…

 

The Social Security Administration. NOAA.

Read the whole thing.

Also, Prepping Idaho: Zombie Apocalypse – UFO Alien Invasion Excercises Conducted by FEMA

I just want to know if Idaho has lost her ever-freaking mind. I would laugh at this except I know it is not a joke and in reality what they are practicing for is societal collapse and civil unrest. Gee, I wonder whose bright idea this was?…

 

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