Also considered: Lying-ocity

Merriam-Webster's #1 Word of the Year for 2006 based on votes from visitors to our Web site:
1. truthiness (noun)
1 : "truth that comes from the gut, not books" (Stephen Colbert, Comedy Central's "The Colbert Report," October 2005)
2 : "the quality of preferring concepts or facts one wishes to be true, rather than concepts or facts known to be true" (American Dialect Society, January 2006)

Well, at least Dubya has done one thing right this year!