Speech #1

President Obama is planning to 'crusade' for his economic plan in a series of speeches across the country, the first of which was in Galesburg, IL.  I confess I neither listened to nor read the first speech; I didn't do much other than skim an article or two reporting on it.  My general sense was it was more of the same: a lot of words, little, if any, action.  Yves Smith and Michael Hudson did listen to the speech and confirm my sense. In this posting they essentially eviscerate it as so much b.s.