v. -- to speechify is to incessantly, superfluously bloviate in regards to an issue that usually calls for more direct action (or a change of course).
President Bush's strategy to combat the Iraq war's unpopularity is to speechify. Maybe he'll realize how dumb a strategy that is after his party loses Congress in Nov. 2006.
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)