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The Defense Production Act of 1950 (last amended 2009, 1992, 2014) is not a long or difficult text to read.

Contrary to popular belief, congress deliberately constrained powers granted to a POTUS to contract and order supplies for, ahem, national defense in several ways--including but not limited to the Fund balance and "foreign entities"-- so as to limit liabilities and test impairment of the "domestic industrial base". Besides which, the cost of "nationalizing" private property effectively deters seizures as well unilateral prerogative, which appeared to be the case for Youngstown Sheet & Tube Co..

By and large, the act provides for mundane appropriations to fill recurring DoD contract tenders.

by Cat on Mon Feb 1st, 2021 at 08:24:57 PM EST
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