@old europe,
I would not give it to Obama, because I don't trust the man. Embedded into all of this, oe, is the inescapable factor of trust. Any form of government or law can be misused and abused. That is the reason we desparately need character and morality in a free society, for that society to be able to survive. Our founders said this many times and in many ways. If people would merely trust in the constitution and its principles, with good leadership, we could continue to do well. However, I don't think the public mood is going to allow that, unless events turn us around.
I do not have the answer, because I do not believe any law or any government is perfect, governments are like men, they come and go. We have had the rare privilege of living in the grandest of times here, that is my belief, under reasonably moral and upstanding leadership. I do not think that can last forever. Power corrupts, and now we see the mood of society turning toward collectivism, not a good sign, and so I think things are ripening toward a situation where unscrupulous leaders can and will abuse the positions of power.
But to the original question, the president does have extraordinary powers for certain situations, for national defence. I already referred to Lincoln, wherein he suspended certain rights for a time, and obviously he made war with the union military against fellow citizens, but in the end when the war was over, he did not abuse the power, he made sure the wounds were healed as best he could and return things to normal.
Bush, I totally trust, he was a good and decent man, a true American. Obama, I do not, not at all. I think Obama could be a very bad apple if events shake out in the wrong way. This has everything to do with his attitudes, politics, and personality. This is why presidential elections are so important, and why citizens cultural moods and morality are important. We tend to elect a mirror of ourselves. I happen to think some societies are sick, or portions of societies are sick, when they show up in droves to see a Michael Jackson performance, for example.