Did Bush Know?

Here's the latest news from the White House. Bush now says that our chief spy told him last August that he had new info about Iran and its nuclear weapons program. But Bush says no one gave him that news until last week.

Several people, including presidential candidate Joe Biden, don't buy the Bush story. He says the story is "unbelievable." But if it is true, Biden says, Bush ranks with "the most incompetent presidents in modern American history."

In spite of the new intelligence report, Bush says Iran is still a grave threat to the world. Perhaps it is also a threat to the world's oil.