Eat The State is out with their 7th annual compilation of the most over-hyped and under-reported stories of the year. A couple of hilights from both categories:

The Most Overrated Stories of the Year Iraq's Weapons of Mass Destruction: Nobody -- except the Bush Administration and Tony Blair -- believes they exist. Seldom have so many words been wasted on weapons that, if they did exist, would be few in number, poorly made, and impossible to deliver more than a couple hundred miles. Instead, Bush's obsession becomes our obsession. Worse, constant repetition of "Iraq = Saddam = Terrorist" has successfully shifted post 9/11 focus -- and blame -- away from the very real threat posed by Islamic terrorists, most of whom seem to come from countries we consider allies. The Most Important Underreported Stories of 2002 White House Propaganda: Particularly while justifying its Iraq obsession, the Bush Administration told one whopper after another this year -- exaggerations or outright lies not even consistent with each other, let alone reality. The individual statements are rarely challenged, and the Bush Administration's overall pro-war propaganda campaign -- one of the most effective in a half-century -- is itself rarely acknowledged by media that instead willingly participate.