6 unbelievable things the president can do during a crisis by Blake Stilwell on May 2, 2018, 5:25 PM Advertisement
 We know our government as one of checks and balances, always ensuring that one branch has oversight over another. But in case of some kind of national emergency, the President of the United States has the ability to essentially turn the democratically-elected government into a sort of constitutional dictatorship, with him (or her) at its center. This doesn't mean the chief executive has to enact all the powers at once or that, in an emergency, that they have to enact them at all. These are just the possibilities. In case you read this and think to yourself, "Holy cow, no one is ever going to really do that!" Guess again. Most of these have been done before. There are four aspects to an emergency: the sudden onset and how long it will last, how dangerous or destructive it is, who it may be dangerous to, and who is best suited to respond. The President has to declare a state of emergency and indicate which powers he's activating. SEE ALSO: The 15 countries with the highest military budgets in 2017 1. Regulate all commerce and business transactions.  Under the Trading with the Enemy Act of 1917, the President is allowed to regulate all the finances of the United States, including all international transactions.
2. Seize all privately-held gold stores.  Under the same 1917 act of Congress, the President has the authority to take all privately-owned gold coin, gold bullion, and gold certificates. The last time this was used was in 1933 to mitigate the effects of the Great Depression. Citizens were allowed to keep only $100 worth of gold. Citizens were paid its value per ounce and for the cost of transportation as they were required to surrender the gold to a Federal Reserve Bank within three days of the order.
3. Take control of all media in the U.S.  Under the Communications Act of 1934, the President can establish the Office of Telecommunications Management, which oversees all media and telecommunications, regardless of advances in technology. President Kennedy did this through Executive Order 10995 in 1962.
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