Under 1977 legislation, Trump has a lot of authority over US corporations.
S. 1701 a) Any authority granted to the President by section 1702 of this title may be exercised to deal with any unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security, foreign policy, or economy of the United States, if the President declares a national emergency with respect to such threat....
S. 1702 (a)(1) At the times and to the extent specified in section 1701 of this title, the President may, under such regulations as he may prescribe, by means of instructions, licenses, or otherwise--(A) investigate, regulate, or prohibit--(i) any transactions in foreign exchange,(ii) transfers of credit or payments between, by, through, or to any banking institution, to the extent that such transfers or payments involve any interest of any foreign country or a national thereof,(iii) the importing or exporting of currency or securities, by any person, or with respect to any property, subject to the jurisdiction of the United States...
That's a lotta power, ain'a?
Who the Hell would ever give that to a Republican madman honky fascist who thinks he's the King of Israel and the Chosen One?
Who, I say?? WHO??
*Cough* That would be the Democrat Party, friends. Of course, they meant that only for Democrat Presidents, ya'know, like Carter, Obama, or Hillary, or Poca-honky, or Tlaib (praise Allah!!)
Whoops.
1 comment:
Good gracious. We might want to revisit these powers. That’s nearly unlimited authority.
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