This article has a video in which they break down this Executive Order line by line. Please take a listen and have the EO in front of you to follow along.
(Full Text) Executive Order National Defense Resources Preparedness
http://theintelhub.com/2012/03/17/executive-order-national-defense-resources-preparedness/
Alert! Obama Declares Peacetime MARTIAL LAW Executive Order Fully Explained
Alert! Obama Declares/Updates MARTIAL LAW Implementation - Executive Order Explained
http://www.youtube.com/watch?feature=player_embedded&v=myPENDAJdE0
In a nutshell, its the blueprint for Peacetime Martial Law and it gives the president the power to take just about anything deemed necessary for National Defense, whatever they decide that is.
I find it amazing that the entire leftist media still follows him and no one questions his actions or motives. Some day something is going to happen that causes some retrospection and when it does I wonder if there will be anyone left in DeeCee with the courage to drag the facilitators before an investigative body.