(from this link via Jordon Cooper)

The United Nations, NATO and other international alliances are divided as never before; for trade, for development, for peace, those divisions may ultimately prove disastrous. For the United States, any sympathy engendered by September 11 in the Arab world will be irrevocably lost; this is no small thing if you recall that the last time the U.S. waged war on Iraq, an enraged Osama bin Laden was set upon the very course that led to September 11. And for Bush, himself, I believe that defeat in 2004 is nearly inevitable - as his father learned before him, victory in Iraq matters little when the American economy is in recession.