In a shocking last minute action, outgoing president Clinton issued an executive order that officially deregulates all branches of the US military forces, effective today.
Pleased with the results of energy deregulation, the
president is hopeful that by deregulating the military the country will be "kinder and gentler".
"I felt their pain" said the President. "Soldiers would much rather carry a cellphone than an assault rifle".
US military deregulation has been suggested by many foreign leaders as a way to foster "togetherness" and as a first step towards opening our country to overseas interests.
In a related move, Gen Lee of China has arranged for his
country to purchase the expected windfall of surplus military arms generated by the deregulation, where the military must sell all its weaponry in order to lease them back..
The arms sale will nearly even out the trade deficit with China, providing a shot in the arm for the trembling US economy.
The Chinese will lease back the armaments to the
US on a year by year contract. They plan to supply "state of the art" firearms (see example at left) at a price that analysts call "hefty". Staff.