“Sarah Palin says America will eventually default on its debt and claims that the federal government is “stockpiling bullets in case of civil unrest” to prepare.
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,” Palin wrote in a Facebook message Tuesday.”
She continued: “The real economic Armageddon looming before us is our runaway debt, not the sequester, which the President advocated for and signed into law and is now running around denouncing because he never had any genuine intention of reining in his reckless spending.”
This is heating up!! New Politico Story! Feds, media debunk Sarah Palin ‘stockpiling bullets’ claim
We have a new record high…. in US debt
DHS TO BUY ALL AMMO PERIOD :IN THE MARKET FOR 50 BILLION .223 SHELL CASINGS
I was looking at the following website this morning: http://www.ar500armor.com
On the top of the page the site has a notice with the following information:
As a result from increased demand over the past few months we’re experiencing delays in shipping on our Body Armor – which may go beyond stated ship times. Rest assured we want to get your armor to you as soon as possible, and are working hard to do so while maintaining our quality standards. Your business is very much appreciated! – AR500 Armor Team….
National debt passes $16.6 trillion
The Daily History of the Debt Results
Historical returns from 02/01/2013 through 02/21/2013
The data for the total public debt outstanding is published each business day. If there is no debt value for the date(s) you requested, the value for the preceding business day will be displayed.
|Date||Debt Held by the Public||Intragovernmental Holdings||Total Public Debt Outstanding|
DHS To Lease $10 Million Firearms Facility
While the second amendment is under assault from gun control legislation across the country, the Department of Homeland Security is gearing up to use some of the roughly 2 billion rounds of ammunition it has purchased over the last year, by leasing a $10 million dollar firearms facility in Boston.
Druckenmiller: ‘Interest On The Debt Is Going To Kill Us’
Hedge fund legend Stanley Druckenmiller on exploding debt interest.
Two short highlight clips from Druckenmiller’s interview last week on CNBC
Here’s a chart of interest paid on the U.S. national debt.
Interestingly, we have already paid $150 billion for fiscal 2013.