Article II, Section 2 of the U.S. Constitution grants the president of the United States the power to be commander in chief of the armed forces (subject to declarations of war in Congress), to make treaties with other nations (subject to ratification in the Senate), to grant pardons, to appoint ambassadors, judges and other officers, to recommend measures to Congress. The Constitution also bestows a number of other minor powers based on these major components.
Nowhere in our nation’s governing document can one find a presidential power to regulate the minutiae of private business, much less take ownership of those private businesses. Yet that is how Barack Obama is wielding his ever-increasing power, despite taking an oath to “faithfully execute the Office of President of the United States, and … to the best of my Ability, preserve, protect and defend the Constitution of the United States.”
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