He offers a five-step program today on The Daily Beast, in a memo to "President Obama and the Democratic Party Leadership."

His five steps:

1. Immediate Wall-to-Wall TV Ads, Internet Videos, and Appearances Hammering Who the Hell Put Us in the Misery We're In.

2. Indict the Criminals.

3. Announce a Moratorium on All Family Home Foreclosures.

4. Announce a New 21st Century WPA.

5. Declare That No Democrat Will Accept ANY Wall Street Money in the Next Election Cycle.

How did we get, in two short years, to a situation in which Democrats are dispirited and Michael Moore is issuing strategy memos? Here's what top Obama strategist David Plouffe told me recently: