Once again folks, I'm telling you that there are no plans to re-instate the draft. There is no budget for it and even an approval process would require an act of congress, not an Obama order.
In reality, we have very few volunteers who have been trained to be on a draft board, and in a time of emergency it would take quite a long time to make it run well. They would probably have to promote all of today's trained volunteers to paid positions to train other volunteers to set up enough boards.
It takes months to train soldiers, and if people are seeking to have an exemption, even longer time will be required. The draft is for 19 to 23 on average with the age of 27-30 still possible as reserve.
All loopholes to avoid being drafted were closed long ago. There are basically NO exemptions save for Pastoral or Priesthood.
This is the worst rumor mill, and statements mentioned about drafting people up to 40 are fiction.