THE PRESIDENT'S SPEECH III - AT 8:13 A.M. ET:  From Bill Kristol in the Washington Post: 

This was not the speech of a man who even contemplates the possibility of using force within the next year to prevent Iran from acquiring nuclear weapons. This was not the speech of a man who thinks America needs to be reminded about the dangers out there in the world, because Americans might have to be summoned to deal with them. This was not the speech of a man who thinks of himself as a war president.

But he is.

COMMENT:  Absolutely true, and chilling.  It is foreign policy that is my greatest worry.  Obama can wind up making Jimmah Carter look like a hard- liner. 

THE PRESIDENT'S SPEECH II - AT 7:50 A.M. ET:  I sent the following thought to a colleague last night:  The president is a great speaker, but not a great speechmaker.  Have you noticed that you never remember anything that he says?  Great speechmakers - Churchill, FDR, Reagan - always leave you with something etched in your mind, usually a memorable phrase.  Obama, like Bill Clinton, leaves you remembering how good he sounded.

THE PRESIDENT'S SPEECH I - AT 7:38 A.M. ET:  Given the AP's in-the-tank-for-Barack history, this is surprising: 

President Barack Obama knows Americans are unhappy that the government could rescue people who bought mansions beyond their means.

But his assurance Tuesday night that only the deserving will get help rang hollow.

Even officials in his administration, many supporters of the plan in Congress and the Federal Reserve chairman expect some of that money will go to people who used lousy judgment.

COMMENT:  As analysts pick apart Obama's speech, they're likely to find a number of sleight-of-hand tricks.  It was too good to be true.  Read the whole AP piece.  It exposes a number of gimmicks.  Praise to AP.