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Monday
Mar262012

Matthew Rothschild - Obama’s Creepy Executive Order: Permanent War Economy

Entitled “National Defense Resources Preparedness,” [1] it authorizes the President and cabinet officials to take over crucial aspects of the national economy not only during emergencies but also in peacetime.

The order relies on a Korean War-era statute, the Defense Production Act of 1950, to further entwine the domestic industrial economy with the military. It talks of fostering “cooperation between the defense and commercial sectors.”

The stated purpose is to strengthen “the domestic industrial and technological base” so as “to ensure it is capable of responding to the national defense needs of the United States.” 

This amounts to putting the economy on permanent war footing, even when there isn’t an emergency.

For instance, the Executive Order talks of the need for the economic base “to satisfy [defense] requirements in peacetime and times of national emergency.” And cabinet officials are authorized to “issue regulations to prioritize and allocate resources . . . to promote the national defense, under both emergency and non-emergency conditions.”

Read More:

http://www.progressive.org/permanent_war_economy.html