Pete Wehner has a very interesting piece on the Obama speech today. He echoes the Jay Cost question from yesterday, but then goes further, pointing out that the entire episode, and the widely-praised speech, actually feed all of the major anti-Obama narratives: (1) That he's actually a conventional politician willing to bend the truth and flip-flop; (2) That he isn't tough enough for difficult confrontations (or 3:00 a.m. phone situations); and (3) That he's all speech and no action.