In the face of signing statements, torture, and lying us into war, I suppose it's not that big a deal. But I recall reading in the past how keeping the nation in this state allows him to get around certain legal hurdles on his path to return America to monarchy.
However it may be, long live the Emergency!
Notice of September 5, 2006Continuation of the National Emergency With Respect to Certain Terrorist Attacks
Consistent with section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), I am continuing for 1 year the national emergency I declared on September 14, 2001, in Proclamation 7463, with respect to the terrorist attacks at the World Trade Center, New York, New York, the Pentagon, and aboard United Airlines flight 93, and the continuing and immediate threat of further attacks on the United States.
Because the terrorist threat continues, the national emergency declared on September 14, 2001, and the measures adopted to deal with that emergency must continue in effect beyond September 14, 2006. Therefore, I am continuing in effect for an additional year the national emergency I declared on September 14, 2001, with respect to the terrorist threat.
This notice shall be published in the Federal Register and transmitted to the Congress.
(Presidential Sig.)
THE WHITE HOUSE,
September 5, 2006.
He could've saved him self some presidentin' and just written, "America will continue to be afraid."

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