I'm so glad someone who has been there has finally said it:

(I)n a move that has sent ripples all the way to the White House, (former Marine Corps Captain Matthew) Hoh, 36, became the first U.S. official known to resign in protest over the Afghan war, which he had come to believe simply fueled the insurgency.

"I have lost understanding of and confidence in the strategic purposes of the United States' presence in Afghanistan," he wrote Sept. 10 in a four-page letter to the department's head of personnel. "I have doubts and reservations about our current strategy and planned future strategy, but my resignation is based not upon how we are pursuing this war, but why and to what end."

The reaction to Hoh's letter was immediate. Senior U.S. officials, concerned that they would lose an outstanding officer and perhaps gain a prominent critic, appealed to him to stay.

U.S. Ambassador Karl W. Eikenberry brought him to Kabul and offered him a job on his senior embassy staff. Hoh declined. From there, he was flown home for a face-to-face meeting with Richard C. Holbrooke, the administration's special representative for Afghanistan and Pakistan.

"We took his letter very seriously, because he was a good officer," Holbrooke said in an interview. "We all thought that given how serious his letter was, how much commitment there was, and his prior track record, we should pay close attention to him."

While he did not share Hoh's view that the war "wasn't worth the fight," Holbrooke said, "I agreed with much of his analysis." He asked Hoh to join his team in Washington, saying that "if he really wanted to affect policy and help reduce the cost of the war on lives and treasure," why not be "inside the building, rather than outside, where you can get a lot of attention but you won't have the same political impact?"

Hoh is quick to say he's not some hippie peace-nik. Sigh. Why does he make that sound like a bad thing? But Hoh does feel that our presence does nothing but escalate violence and turmoil with the Afghans.

(M)any Afghans, he wrote in his resignation letter, are fighting the United States largely because its troops are there -- a growing military presence in villages and valleys where outsiders, including other Afghans, are not welcome and where the corrupt, U.S.-backed national government is rejected. While the Taliban is a malign presence, and Pakistan-based al-Qaeda needs to be confronted, he said, the United States is asking its troops to die in Afghanistan for what is essentially a far-off civil war.

As the White House deliberates over whether to deploy more troops, Hoh said he decided to speak out publicly because "I want people in Iowa, people in Arkansas, people in Arizona, to call their congressman and say, 'Listen, I don't think this is right.' "

"I realize what I'm getting into . . . what people are going to say about me," he said. "I never thought I would be doing this."

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Oops, just kidding! Just think, if they'd actually admitted the banks were in deep trouble, and that their assets weren't worth a dime, the crisis might have bottomed out a lot sooner - and the banks wouldn't have been able to use TARP funds to buy up their competitors!

Senior U.S. officials deliberately misled the American people about the health of banks receiving huge government cash infusions last year, according to a report released today from the Treasury Department TARP watchdog.

The officials believed they were telling noble lies. The idea was that confidence needed to be restored and panic stemmed, even if this meant misleading the public about the actual health of our financial institutions.

Of course, this backfired. The government and the bailout lost public credibility when the financial crisis deepened, according to TARP watchdog Neil Barofsky's report.

Worse, the lies may have made the crisis worse by creating false expectations that the bailed out banks would be able to increase lending. Businesses and individuals planning to borrow would have discovered that their projects were impossible and their savings inadequate as banking lending continued to fall.

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke that the $125 billion injection into nine banks in October 2008 was a program for "healthy" institutions. But privately senior officials believed several of those firms were less than healthy. Hank Paulson himself believed one of those institutions might fail.

"By stating that healthy' institutions would be able to increase overall lending, Treasury may have created unrealistic expectations about the institutions' condition and their ability to increase lending," the report said.

I'm not as optimistic as this reporter, but then, I don't live on Planet Beltway, either. George Bush's legacy lives on - we still have a commercial real estate crash to get through, and the banks have only postponed their day of reckoning. (Although the Onion has a slightly brighter forecast):

Despite an emerging economic expansion, businesses were sufficiently skittish about the future that the job market continued its long, steep decline in August, according to a new government report Friday. The unemployment rate rose to 9.7 percent, from 9.4 percent, as employers shed jobs for the 20th straight month, the Labor Department said.

The increase was greater than many analysts had forecast, and it undermined hopes that the corporate sector will rapidly rebuild its workforce following the economic trauma of the last year. That in turn could keep a self-sustaining recovery from taking hold, as Americans have less money to spend and less confidence about their own job prospects.

"Our clients tell us they will not hire in anticipation of a recovery, but will wait until they see it," said Jonas Prising, an executive vice president at Manpower, the giant employment services firm. "In a normal recession, people would now start to feel more comfortable and start hiring, but nobody is doing that today. They'll do it when they see real orders and real business."

The new numbers included some silver linings: The 216,000 jobs that employers shed in August was the slowest rate of job loss in a year, which drove the stock market up 1.3 percent, as measured by the Standard & Poor's 500-stock index.

Companies are not laying people off at the same furious pace they were a few months ago -- the number of people to lose their jobs in mass layoffs fell 26 percent in July. But neither are they willing to take the risk of bringing on new workers, despite signs that there could be better times ahead.

Tom Ridge wants to have it both ways. He sat on his hands then to save his job and now he wants to get paid again. Remember, he could have made a difference. Now he describes the terror alerts he propagated as "political" when he has a book to sell, but it's not sitting well with a lot of us, especially when he already knew that in 2004.

First, the timing of terror alerts raises questions that aren’t adequately answered.

If there’s no intent to benefit the president in a re-election year, Ridge should say more than “we don’t play politics” at the Department of Homeland Security.

Especially after doing a virtual campaign ad by announcing “new” threats just after the Democratic convention and praising “the president’s leadership in the war against terror.”

And it wasn’t said off the cuff or in answer to a question. It was said in prepared remarks.

It makes Ridge more salesman than guardian, more political servant than public servant.

Same with failing to divulge the full context of information on potential terror sites later revealed as three to four years old.

How does pushing the president while holding back the truth give anyone confidence “we don’t play politics”?

Maybe he’s told what to say, when and how, and maybe that’s why he wants out. A source close to Ridge tells me the relationship between Ridge and the White House “isn’t what it used to be.” Still, it’s his gig.

Sometimes I wonder if reporters have any damned sense at all. The reason the unemployment rolls have dropped is simple - people (like me!) have tapped out their benefits:

June 18 (Bloomberg) -- The number of Americans receiving claims for unemployment benefits dropped for the first time since January, adding to evidence the job market is starting to thaw.

The number of people collecting unemployment insurance plunged by 148,000 in the week to June 6, the most since November 2001, to 6.69 million, the Labor Department said today in Washington. Initial claims rose by 3,000 to 608,000 in the week ended June 13, in line with forecasts.

The average number of claims over the last four weeks fell to the lowest level in four months, an indication that the U.S. economy is stabilizing after the worst recession in half a century. Even so, companies are likely to be slow to hire new employees, sending unemployment rates higher, analysts said.

“The labor market remains weak but it’s starting to stabilize,” said Maxwell Clarke, chief U.S. economist at IDEAglobal in New York. “An improvement in employment conditions and improvement in confidence go hand in hand with an improvement in consumer spending.”