President Obama signs Executive Order allowing for control over all US resources

President Obama signs Executive Order allowing for control over all US resources - National Finance Examiner | Examiner.com: "On March 16th, President Obama signed a new Executive Order which expands upon a prior order issued in 1950 for Disaster Preparedness, and gives the office of the President complete control over all the resources in the United States in times of war or emergency.

The National Defense Resources Preparedness order gives the Executive Branch the power to control and allocate energy, production, transportation, food, and even water resources by decree under the auspices of national defense and national security.  The order is not limited to wartime implementation, as one of the order's functions includes the command and control of resources in peacetime determinations."