Still, add those together with the use of raw presidential power to force BP to set up a $20 billion fund for victims of the disaster in the Gulf of Mexico, and the conclusion is unmistakable. George Bush and Dick Cheney may have left the White House, but the argument for an extraordinarily strong executive lives on.

“This is a clear respite from the theme that Obama had lost control,” said David Rothkopf, a former Clinton administration official who wrote the definitive history of the National Security Council, the organization American presidents have used for 60 years to assert authority around the country and the world. “He sent a loud and clear message to the generals about who is in charge. And he has engineered a pivot-point in U.S. economic history, an end, or at least a big change, to the ‘leave it to the markets’ era.”…

“I think we used this week or so not only for a reassertion of executive authority, but as an demonstration that, when presidential power is judiciously applied, you can get a lot done,” said Rahm Emanuel, the president’s chief of staff, who argued for a more confrontational approach to BP and for General McChrystal’s ouster. He described financial reform legislation as one of five pillars of “a new foundation” for the economy, after the stimulus package, the health care overhaul and the re-engineering of college aid. (The fifth, an energy bill, may prove the hardest.)