Releasing the report just before elections would be very politically potent, and I would even venture to call it immoral. It's something that Karl Rove and friends would do, similar to but much more significant than releasing information about the CIA Predator that missled the SUV of Al-Qaeda operatives on the day of the mid-term elections.
And the beauty of it is that the report could give a false positive (or at least a false lead) for WMD, and there probably wouldn't be enough time to disprove it until Bush was re-elected.
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