Pat Dollard

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Obama will be announcing a massive socialist jobs program featuring a massive socialist national bank…he wants to go big, and this is why he has asked to speak before a joint session of Congress, reserved for wars, national emergencies, and massive, massive new federal programs.

Washington (AP) – Earlier today, when Fox News’ Ed Henry asked Carney, “Why doesn’t he [Obama] give a speech from the oval office tonight saying here’s my plan?,” Carney said:

“He wants to speak before Congress because he recognizes that while there are things he can do without Congress, and he will do them, there are actions that need to be taken with Congress that require legislation to grow the economy and create jobs. And he wants to go to Congress, speak directly to members of Congress, and layout his proposals.”

While details about Obama’s plan are still sparse, another component that may be in the way is a national infrastructure bank that would entice private investors into road and rail projects. This, according to sources, could be a major part of the jobs package that President Barack Obama hopes will finally bring relief to the unemployed.

The president has pushed the idea of an infrastructure bank in recent speeches and has praised Senate and House bills that create such a government-sponsored lending institution. Whether the bank, which would need time to organize, could have any real impact on the jobs situation in the coming year – and particularly before the November 2012 elections – is in dispute.

Next week, America will have a much clearer vision about what the president is proposing. And Congress, for better or for worse, will be made more fully aware of the role it will play in job creation.