Feds Stockpiling BILLIONS of Rounds of Bullets for Civil unrest. (VIDEO)

Former Governor of Alaska Sarah Palin has warned that the federal government is "stockpiling bullets" in preparation for "civil unrest," adding that America is "finished" if it cannot deal with its debt problem.

Writing on her official Facebook page, Palin remarked, "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 post achieved nearly 12,000 'shares,' attracting nearly 60,000 'likes' and over 4500 comments.

The Department of Homeland Security has committed to purchasing around 2 billion bullets over the course of the last year, in addition to buying 7,000 fully automatic assault rifles last September (the agency referred to them as "personal defense weapons").