Obama Oil Speech New "Malaise" Speech?

Over thirty years ago, President Jimmy Carter gave a rambling, nearly incoherent speech soon dubbed the "Malaise Speech."  Yesterday, President Obama delivered a speech that was panned by both the left and the right.  The President constantly referred to "goals" that he did not know how to achieve and tried to convince the nation that he would stop the rush of oil, even though it has gushed for nearly two months now.

Is this the new Malaise Speech?  You be the judge:



Here's the first part of the full transcript (from whitehouse.gov):

THE PRESIDENT:  Good evening.  As we speak, our nation faces a multitude of challenges.  At home, our top priority is to recover and rebuild from a recession that has touched the lives of nearly every American.  Abroad, our brave men and women in uniform are taking the fight to al Qaeda wherever it exists.  And tonight, I’ve returned from a trip to the Gulf Coast to speak with you about the battle we’re waging against an oil spill that is assaulting our shores and our citizens.

On April 20th, an explosion ripped through BP Deepwater Horizon drilling rig, about 40 miles off the coast of Louisiana.  Eleven workers lost their lives.  Seventeen others were injured.  And soon, nearly a mile beneath the surface of the ocean, oil began spewing into the water.

Because there has never been a leak this size at this depth, stopping it has tested the limits of human technology.  That’s why just after the rig sank, I assembled a team of our nation’s best scientists and engineers to tackle this challenge -- a team led by Dr. Steven Chu, a Nobel Prize-winning physicist and our nation’s Secretary of Energy.  Scientists at our national labs and experts from academia and other oil companies have also provided ideas and advice.

As a result of these efforts, we’ve directed BP to mobilize additional equipment and technology.  And in the coming weeks and days, these efforts should capture up to 90 percent of the oil leaking out of the well.  This is until the company finishes drilling a relief well later in the summer that’s expected to stop the leak completely.

Already, this oil spill is the worst environmental disaster America has ever faced.  And unlike an earthquake or a hurricane, it’s not a single event that does its damage in a matter of minutes or days.  The millions of gallons of oil that have spilled into the Gulf of Mexico are more like an epidemic, one that we will be fighting for months and even years.

But make no mistake:  We will fight this spill with everything we’ve got for as long as it takes.  We will make BP pay for the damage their company has caused.  And we will do whatever’s necessary to help the Gulf Coast and its people recover from this tragedy.

Tonight I’d like to lay out for you what our battle plan is going forward:  what we’re doing to clean up the oil, what we’re doing to help our neighbors in the Gulf, and what we’re doing to make sure that a catastrophe like this never happens again.

First, the cleanup.  From the very beginning of this crisis, the federal government has been in charge of the largest environmental cleanup effort in our nation’s history -- an effort led by Admiral Thad Allen, who has almost 40 years of experience responding to disasters.  We now have nearly 30,000 personnel who are working across four states to contain and clean up the oil.  Thousands of ships and other vessels are responding in the Gulf.  And I’ve authorized the deployment of over 17,000 National Guard members along the coast.  These servicemen and women are ready to help stop the oil from coming ashore, they’re ready to help clean the beaches, train response workers, or even help with processing claims -- and I urge the governors in the affected states to activate these troops as soon as possible.

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