Peter Schiff Obama confused the White House with Versailles or the Kremlin ?

Peter Schiff addresses President Obama's quote on the folly of the founding fathers during his radio show at CPAC."Did he (Obama) just figured it out that he cannot do whatever he wants as a president , did he think he was elected king or a dictator is that what he thought when he first when into the white house , did he confuse the white house with Versailles or the Kremlin or something ? " says Peter Schiff