In theory, this has been debunked multiple times on TFL...

[MLeake]

... so if it is not true, why is it now being reported by Forbes and The Denver Post?

http://www.forbes.com/sites/ralphbenko/2013/03/11/1-6-billion-rounds-of-ammo-for-homeland-security-its-time-for-a-national-conversation/

If it is true, after all, then what is the goal?

Could the .gov really want to drive ammo prices beyond the budgets of most Americans?

Can we get Congress to defund this?

 

[Evan Thomas]

The Denver Post story (which is actually from the Associated Press) does debunk the conspiracy-theory aspect of this.

The Forbes piece is an op-ed... by someone who apparently wants to fan the flames. Meh.

I don't think this needs more discussion; the story has been debunked, as you point out.

ETA: See the detailed analysis of the facts of this matter here, in the "Reliable Sources" sticky at the top of the L&CR page.