Birthplace of the Second Amendment 1765: Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse

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:

M J MurcottDecember 28, 2013 at 2:10 PM
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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It All Started Here . . .

Frontier Mercersburg in 1765 was the "birthplace" of the right we now refer to as "the Second Amendment", or, "the right to bear arms". It was here that individuals for the first time, some would say divinely, embraced the link between "Life and Liberty". . . and struck the first blow for Freedom.

Historically the right to bear arms goes back even before our founding as a nation to the Glorious Revolution of 1689 when William III agreed to the English Bill of Rights. If one can look at revolution like a volcanic eruption in nature, you understand that often from the destruction come the seeds of new human values and beliefs. In this case the independence of the human spirit, the right to know God for oneself, and to trust your conscience was hard won in this revolution of the human soul.

One crucible begets the necessity for another and on the frontier in America the right to defend ones religious beliefs was becoming the right to participate in the decisions of government that impact my "self". Freedom of the soul was becoming freedom of the heart and mind. Smith's Rebellion began as an act they justified under the rubric of defending oneself because government had failed in its obligation to protect Life, Liberty and Property. This was the first assertion of this principle aimed directly at British Military Authority as well as the incompetent government of John Penn - anywhere in the colonies.

In the end, Smith's Rebellion was the first armed resistance against British Military Rule leading up to the American Revolution. It was the first American triumph over the best military force in the world. It was the first time upon defending oneself that Americans had proclaimed we can rule ourselves.

It would be ten years before the battles at Lexington and Concord.

...Let Them Take Arms

The "Right to Bear Arms" . . .or 2nd Amendment is one of the most discussed and contentious of all the amendments of the Bill of Rights. It is, in fact, the only amendment that contains not only the seeds but the actual instruments of the revolution itself. Further, it gives real affirmation to Thomas Jefferson's quote . . .
"God forbid we should ever be twenty years without such a rebellion. The people cannot be all, and always, well informed. The part which is wrong will be discontented, in proportion to the importance of the facts they misconceive. If they remain quiet under such misconceptions, it is lethargy, the forerunner of death to the public liberty. ... And what country can preserve its liberties, if its rulers are not warned from time to time, that this people preserve the spirit of resistance? Let them take arms. The remedy is to set them right as to the facts, pardon and pacify them. What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time, with the blood of patriots and tyrants. It is its natural manure."

It is for this reason, if no other, that the Government and its functionaries vociferously assail and obfuscate the text of this simple assertion. More, it is for this reason, and in the face of the perennial onslaught that its defense and affirmation is essential to the survival of the republic.

Frontier Mercersburg & The Justice William Smith House

The frontier town of Mercersburg, PA. in the 1760's, although typical of many settlements along the Appalachian Mountains played a pivotal role in the creation of what was to become the "Bill of Rights".

Frontiersmen like James Smith and the Black Boys, many of whom were inhabitants of the Mercersburg environs, were early participants in a series of conflicts with the British government that established principles the eventually lead to the inclusion of the "right to bear arms" in the Bill of Rights.

Much of the focus, centers on the domicile (and likely place of business) of Justice William Smith.

Birthplace of the Second Amendment 1765

Pages

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

Preservation and Proposition

Friday, December 27, 2013

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

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