Except in the cold light of day, absent of fear-mongering, none of it washes.
The Brits knew of this plot two weeks ago. They advised Bush & Co. two weeks ago. He went on vacation. He's still on vacation.
If liquids were such a threat, why weren't they confiscated when the plot was revealed? how about Monday? Tuesday? The timing of the arrests - the day after Lieberman loses his primary election - is interesting.
I can think of plausible explanations to these questions - homeland Security blah blah, don't tip them off, etc. Here's the one that sticks in my craw:
confiscate: To seize (private property) for the public treasury.
I'm yet to hear any report, from anywhere, saying that people's private property is being confiscated - that is, taken for some other use. The government is taking their property and throwing it away. In several places, passengers dump their liquids into a collective bucket (and pray it doesn't blow up?)
If the government was intent on preventing terror, I'd think the government would bag and tag these liquids, examine them. They would not, under any circumstances, combine them in some al-chemical soup. They need some idea of who brought what, into which terminal, for which plane. How many of us remember poison gas scares, anthrax, a laundry list of bio- and chemical agents that could kill us? Why doesn't the government seem worried about any of that? Why don't the TSA workers have gas masks or chemical gloves? Since when were baggage inspectors experts in chemical explosives? Why are they throwing terror plot evidence down drains?
If this were a fiction story I had to critique, I'd say the plot was weak and the details didn't add up. No one would every buy this story.