The speech will contain some reminiscing by the president; this being his last SOTU address, he can be forgiven for some nostalgia. And the speech will speak to the president's vision for the remainder of his term in office. Rather than to propose a large number of legislative actions with no chance of passage in a Republican-controlled Congress, Mr. Obama will likely be more thematic, discussing the direction he would like the country to take. I expect the bulk of his message to focus on domestic issues: education, health, the relationship between civil unrest and economic opportunity, and firearms control. The president will also devote a significant portion of his address to immigration, foreign policy and security. And he will bring up the risks of global warming and the need for global action to address it. As this is an election year, every item in the president's address is likely to be politically charged.