CACHE & CARRY… More nightmarish Bush administration incompetence. According to today’s New York Times, 380 tons of very high explosives, of a kind favored by terrorists and insurgents, has gone missing in Iraq. The IAEA, which once monitored the site where the explosives were stored, repeatedly warned the Americans to keep watch over it, but apparently we didn’t (not enough troops). Now, sources tell Josh Marshall, those explosives are probably being used in IEDs (improvised explosive devices) against our own troops.

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Paul Glastris is the editor in chief of the Washington Monthly. A former speechwriter for President Bill Clinton, he is writing a book on America’s involvement in the Greek War of Independence.