Barack Obama is set to deliver what his aides are billing as a major foreign policy address on Tuesday, The Politicker reports.

Apparently, drafts of the speech call for a return to "legitimacy and competence" as the keys to America's ability to rebuild its global standing.

"Drafts of the major address," The Politicker says, "argue that `respect' is the essential currency in conducting effective foreign policy, and that the foreign policy blunders and embarrassments of the Bush administration have weakened the nation's hand in influencing world affairs."

A couple things to keep an eye out for. First, look out for wingers to go crazy over the idea that America should be "respected" in the world. Second, watch out for press coverage that casts this as nothing more than an effort to deflate the phony "Obama lacks substance" line. It'll also be interesting to see how commentators handle the comparison between Obama and Hillary, who's presumed to be dominant in the area of foreign policy experience. Tune in Tuesday.