Obama and Buffett are blowing so much smoke over the 15% rate on capital gains and on dividends adopted in the Bush years.

FORBES: Correcting President Obama's Myriad Tax Fallacies

Mr. Hobson was able last Fall to exploit the classic "smoke-filled room" process that shaped the 2004 omnibus appropriations act to decimate President Bush's plans for assuring the continuing effectiveness of today's deterrent, as called for by the 2002 Nuclear Program Review.

CENTERFORSECURITYPOLICY: Hobson's choices (cont.)

Both Mr Bush's pitches to the public are open to debate, but they hardly count as electoral smoke and mirrors.

ECONOMIST: George Bush's apparent comeback