John McCain is set to give a big speech today in Los Angeles about the mortgage crisis, in which he will propose ... well, not much. McCain is not set to actually pitch any specifics, but still simply be laying out some background principles such as: "I will evaluate everything in terms of whether it might be harmful or helpful to our effort to deal with the crisis we face now."

One thing McCain will say, according to the prepared remarks, is that he wants to convene a meeting of mortgage lenders, and ask them to help: "They’ve been asking the government to help them out. I’m now calling upon them to help their customers, and their nation out. It’s time to help American families."