Public Nuisance and Unqualified Offerings have some useful things to say about unconnected dots. There's plenty of responsibility to go around, but the more I read the less impressed I am by Team Bush's response, and I wasn't all that enamored with it to begin with.

On a strictly political note, couple this with Enron (you remember Enron, don't you, Mickey?) and I wonder how log it will be before Bush's approval numbers start to take a dive. Anyone wanna speculate?