The AU could take a lesson from the Economic Community of West African States (ECOWAS), a regional organization with a history of authorizing actions to stabilize parts of Africa, such as Somalia and Sudan.
In response, on March 23, the Confederate Congress authorized Treasury Secretary Christopher Memminger to attempt to stabilize Confederate currency by trading 30-year bonds returning 6 percent for the existing non-interest bearing notes.
The law authorizing the bailout gave the White House $700 billion to stabilize the financial system in a manner that "protects home values," "preserves homeownership," and "promotes jobs and economic growth," among other responsibilities.
Last week, President Barack Obama authorized sending another 17,000 U.S. troops to Afghanistan to "stabilize a deteriorating situation". The deployment fell short of the 30,000 troops requested by General David McKiernan, who heads the U.S. and NATO command there, but it was more than some of Obama's anti-war supporters would have liked.
The Federal Reserve Accountability Act would not intrude, the senators said, on the Fed's monetary policy or its role as "lender of last resort," but would authorize a Government Accountability Office investigation into actions it has taken to stabilize the global financial system.
"It should be obvious that the presence of our embedded advisory teams in the army and police forces were an important stabilizing influence," said the officer, who was not authorized to speak publicly on this matter.
Congress authorized the government to spend as much as seven hundred billion dollars to stabilize the big banks.
In order to stabilize the rapidly collapsing Korean front and to push back the advancing UN forces, Mao authorized the First Phase Campaign, a bridgehead-building operation with the aim of destroying the ROK II Corps, the vanguard and the right flank of the US Eighth Army, advancing up the along the Taebaek Mountains in the middle of the peninsula.
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