The big fibs that defined our year.

BY DAVID J. ROTHKOPF | DECEMBER 16, 2011

1. “This next summit of European leaders will be decisive …”

We’ve heard this one every few weeks for months now. And every time our supposedly sophisticated financial markets fall for it again. It’s like Lucy with Charlie Brown’s football. When will we learn?

2. “The war in Iraq is finally over after 9 years.”

Much celebration today due to this “fact.” Seems pretty straightforward. But of course, we’ve been militarily engaged one way or another with Iraq since the early 1990s. This is just the end of one of a series of wars in the region. My bet is it’s not the last one.

3. “America’s mission in Iraq was a success.”

See previous lie. The place is divided, undemocratic, heavily influenced by Iran, corrupt, and our invasion cost $1 trillion, thousands of U.S. lives, hundreds of thousands of Iraqi lives, and our national reputation. Look in the dictionary next to fiasco. There’s a little picture of a dude in a flight jacket standing on a carrier deck in front of a “Mission Accomplished” banner.

read about the other 11 here