Or not. As Ed Morrissey points out, this is a routine update of an Executive Order that dates back about eighty years. It's been updated every few years for at least the last fifty.
http://hotair.com/archives/2012/03/18/national-defense-resources-preparedness-executive-order-power-grab-or-update/
Hasn't stopped the tinfoil hat crowd from claiming that this is the EOTWAWKI.
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