Today Dan Froomkin writes:

The Bush Who Cried Wolf

So this is what happens when the president of the United States has virtually no credibility left.

The nation is facing a serious financial crisis. But neither the public nor Congress have confidence in the solutions being put forth by President Bush's appointed economic leads.

Americans have learned what questions to ask when the Bush team starts to make threats. Is the situation as bad as they say? Do we have to respond the way they say? Are there any better alternatives? Do we have to act as fast as they say? And is it possible they don't know what they're doing?

The ultimate irony would be if, this time, Bush was right -- or even partly right.

Years ago I wrote about the dangers that would come from this administration's insistence on lying time and time again. In 2004 I wrote:

The incompetence and deception now clearly evident when it came to the Iraq war properly places this administration in a highly questionable light. Like the boy who cried wolf, when we are told so many lies and distortions about things even beyond anything having to do with Iraq, who can blame us for not believing everything going forward? GW & Co. did not just squander international goodwill post-9/11, but they also managed to squander any goodwill when it came to the public taking at face value what this administration had to say or report on.

And in 2006 I wrote:

Bush's regular use of lies and deception has made us a less safe nation. Reasonable, reality-based people have come to learn they can't trust this administration about nearly anything. Now suppose this news concerning Iran and Al Qaeda is in fact true. Because BushCo has lost all credibility, we're correctly skeptical about everything coming from them. Per chance that something does come down the pike that is actually true, we'll have no way of knowing since all trust has been squandered. We have a "boy who cried wolf" president -- thanks to his purposeful and negligent dishonesty, and we're much less safe because of it.

And here we are two years later, facing a very serious financial crisis and yet we have an administration with less-than-zero credibility. Who knows if they're telling the truth this time, perhaps they are -- but perhaps not. The unfortunate truth all along has been if/when we were really in trouble, no one would heed the call, no one would listen. This is one of the primary reasons why Bush has been the worst president ever, as the country now may be headed to financial ruin but because of his reckless use of lies and fear-mongering hardly anyone trusts him.

So if Bush/Paulson/Cheney get annoyed because Congress is not acting swiftly enough, they have only themselves to blame.