"Fast and Furious": How much "there" is really there?

The basic outline of the ATF's Fast and Furious program are pretty comical, so long as you think of it as only being on a screen. But transfer the outline to the real world, and the elements of government naivete and ineptitude, murder, shame, and perhaps (dare I say it? are you sitting?) COVER-UP can be pretty upsetting. Recently Jon Stewart has had a comedic field day with the program. In one installment he and his writers displayed Mark Twain outrage at the numbskulliness; and last night they turned their eyes to the hyperventilating talent on FoxNews, repeatedly referring to it as "far worse than Watergate," and how often FoxNews resorts to that 11 on their amplifiers.

An odd point, and FoxNews clearly failed to ask any questions before launching their thousand ships: over the weekend Darrel Issa himself said there is no evidence that the White House has been involved in a cover-up. Unlike some other famous Watergate scandals.

So what's the deal, and what do you need to know before you celebrate the Fourth with a bunch of conservative friends and relations? Well, Kevin Drum points us to a piece at Fortune, which tells us there's really not that much there.

If your friends get the vapors and start telling you it's worse than Watergate, tell them that Watergate doesn't even begin to describe it; WHITEWATER is more like it! (Watch them get all het up as they nostalgicly revisit the 90's, before you tell them that prosecutors never thought there was a real case against the Clintons.)

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(DISCLOSURE: I work for Abt SRBI. My company does polling. My opinions should not be construed as representing those of my employer.)