"Mr. Obama’s signing statement said the IMF and World Bank provisions ’would interfere with my constitutional authority to conduct foreign relations.’" Yes, he’s doing signing statements and telling Congress not to interfere with his (exclusive) authority to conduct foreign policy. Liberals who denounced Bush for signing statements, "torture memos," FAISA end-around, etc. would have been better off opposing the policy, not the Article II assertions of power. Their hero Obama is not surrendering any of those.

Ben Kleinerman’s terrific forthcoming book makes a lot of these Article II issues clearer, criticizing the Bush Administration for its lack of political skills and admiring Lincoln all the more. John Yoo has a history of presidential power coming out next year.