It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Using N.D.A.A. or N.D.R.P. could Obama bypass the budget?

page: 1
3

log in

join
share:

posted on Oct, 10 2013 @ 08:07 PM
link   
Now I'm not doom porning here, but if Obama declared a national state of emergency and inturn martial law ensued. Is it reasonably possible to assume he could use his executive powers to enforce the horrors in the N.D.R.P. for 2013 linky



Sec. 301. Loan Guarantees. (a) To reduce current or projected shortfalls of resources, critical technology items, or materials essential for the national defense, the head of each agency engaged in procurement for the national defense, as defined in section 801(h) of this order, is authorized pursuant to section 301 of the Act, 50 U.S.C. App. 2091, to guarantee loans by private institutions

This seems to state that budgets and finances in federal matters can be put into the individual agency head hands, would this be a form of deregulation and lack of oversight?
Like I said just looking for some help clarifying, not trolling or doom pornin.
edit on 10/10/2013 by iwontrun because: (no reason given)



posted on Oct, 10 2013 @ 08:58 PM
link   
reply to post by iwontrun
 


That seems to be what it says.

the heads of each individual agency can get their own funding from private institutions by giving a guarantee that the government ( a.k.a. the tax payers) will repay the loan. congress won`t even be in the loop to vote yea or nay.



posted on Oct, 10 2013 @ 09:57 PM
link   
reply to post by iwontrun
 

An NDAA is an authorization act, not an appropriations act. It doesn't give anyone any money.

I don't understand your interpretation of the NDRP order. National defense agencies can offer loans to critical suppliers to keep them afloat in emergencies, or guarantee private loans made to those suppliers. I don't see how that bypasses the budget (or CR) process. The agencies still have to get the money from Congress.



posted on Oct, 11 2013 @ 08:26 AM
link   
reply to post by FurvusRexCaeli
 


It wasn't so much an interpretation as a question. I wasn't quite understanding whether
it was they were guaranteeing loans of suppliers, OR they could bypass the shortfall by taking loans on their own.



new topics

top topics
 
3

log in

join