Mr Obama then goes on to characterise the role of the executive branch in terms that would make James Madison flip his powdered wig. The task of the president of the United States of America, as Mr Obama seems to see it, is personally to oversee all industry everywhere in the 50 states (and Puerto Rico and Guam, et al) and ensure that fairness prevails, as the task of the father of a great family is to ensure that none among his children fall behind, that none get too small a piece a cake, that the roof over all their little heads remains in good repair. The president is a one-man countervailing force and dispensary of justice.
That might be the best summary of Obama's world view and why I find it paternalistic, statist, and full of messianic hubris.