It's certainly not one that includes respecting the Constitution.
http://www.boston.com/news/nation/washington/articles/2008/01/30/bush_asserts_authority_to_bypass_defense_act/
Bush asserts, baldly, that he doesn't have to follow Congress' explicit instructions on spending money related to defense. He asserts that some "theory" of inherent powers trumps the explicit and plain language of the Constitution. Unfortunately for the Republic Congress seems to have little interest in protecting its powers.
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