Friday, the White House released President Obama’s latest Executive Order. This basically gives the President dictatorial power over America, even in time of peace. So, in the event of an economic collapse, Barack Obama would become absolute ruler of the America. This is pretty frightening, especially with Leon Panetta telling Congress that they are merely ceremonial. Is this the real reason Obama is spending our country into bankruptcy? Here is the release:
NATIONAL DEFENSE RESOURCES PREPAREDNESS
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the Defense Production Act of 1950, as amended (50 U.S.C. App. 2061 et seq.), and section 301 of title 3, United States Code, and as Commander in Chief of the Armed Forces of the United States, it is hereby ordered as follows:
PART I – PURPOSE, POLICY, AND IMPLEMENTATION
Section 101. Purpose. This order delegates authorities and addresses national defense resource policies and programs under the Defense Production Act of 1950, as amended (the “Act”).
Sec. 102. Policy. The United States must have an industrial and technological base capable of meeting national defense requirements and capable of contributing to the technological superiority of its national defense equipment in peacetime and in times of national emergency. The domestic industrial and technological base is the foundation for national defense preparedness. The authorities provided in the Act shall be used to strengthen this base and to ensure it is capable of responding to the national defense needs of the United States.
It goes on and on like this for almost 5000 words. If you want to read the entire document: http://www.whitehouse.gov/the-press-office/2012/03/16/executive-order-national-defense-resources-preparedness