On a bit of a tangent, an odd thought came to me a few minutes ago. With all the terror warnings that turn out to be red herrings, are the jihadis doing a Reagan on us? What I mean by that is could they be trying to force us to waste huge amounts of resources? We have much more than the Soviets ever did, but they are not infinite. At the least, they will inflict lots of damage (economic) even if they eventually lose? (They will lose.)
I don't know that I would use that phrasing (simply out fo deference to the The President), but I'm sure there is some of that. I'ts what I would do if I were them. But we have more than ample resources to deal with real and red herring threats inside our borders. Its the psychological damage -making us all feel vulnerable - that they are after.
I also think that is what is behind Cheny's letting everyone know about the indications pointing towards New York a few days before Memorial Day Weekend. Kind of a "take that b***h - you wanted warnings, now you have them." All those New York businesses that were looking forward to a busy weekend are going to blame Hillary when the tourists stay away.
And what can she say about it? Nada! Game. Set. Match! The balls in your Court baby!