Obama Executive Order Paves the Way for Nationalization of Economy

Although the executive order is an update to the almost identical EO 12919, which was signed by Bill Clinton in 1994, in Section 201(b) of the new version, the words “under both emergency and non-emergency conditions” have been added.

In other words, the federal government is claiming the power to seize totalitarian control of the whole economy – nationalization über alles.

The administration’s move to allow an executive order designed for a time of national crisis to be applied in non-emergency peace time represents a significant ratcheting up on the richter scale of martial law, a measurement Infowars has been upgrading since the late 1990′s.