Palin: Feds Fear Unrest, Are 'Stockpiling Bullets' 'We're finished,' says ex-governor By Matt Cantor, Newser User Posted Feb 27, 2013 11:18 AM CST Updated Feb 27, 2013 11:51 AM CST 192 comments Comments In this Saturday, Feb. 11, 2012 file photo, Sarah Palin delivers the keynote address at the Conservative Political Action Conference (CPAC) in Washington. (AP Photo/J. Scott Applewhite, File) (Newser) – An "economic Armageddon" is coming, Sarah Palin says—but it's not the sequester she's referring to. "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," the former governor wrote on her Facebook page yesterday. She believes we will default on our debt eventually, and the government knows it—"and that's why the feds are stockpiling bullets in case of civil unrest." Washington needs to "cut the drama," Palin noted, per Politico. It's time to "tighten our belts" and "take our medicine."