The Administration Who Cried, "Wolf!"

The Bush administration says there is "no credible evidence of a terrorist threat." But at the same time, they're ramping up for a potential attack -- and saying the time is ripe.

Critics are questioning the timing of the doublespeak.

The White House has called a meeting of key agencies this afternoon to deal with what it says is a new terror threat. From ABC News:

"[O]fficials say the London attackers use of the Internet left important clues that are being used to decode other e-mails that had initially been deemed unimportant but are now taking on new significance."

It comes as Congressional Republicans are defecting from the President's policy on Iraq. And as the Senate debates a possible withdrawal from Iraq. In the past, critics of the administration have suggested the White House ramped up terror fears for political gain. (ABC)