There is one area where I can support President Obama's aggressive interpretation of Executive Authority--he needs to move soon to strengthen the capital base of The Federal Reserve System, before it is too late. If he waits until U.S. dollar interest rates are forced upward by external events, America's realistic options to defend the value of the dollar may become excessively constrained. Face it, the Fed has painted itself into a corner--meanwhile, the world is erupting across numerous flashpoints.