Crying 'wolf'

So we all see the escalating tension between Iran and the West. It's been documented here and many other places. My question to you, inspired by this post from John Emerson.

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I do not believe that the Iran crisis is what Bush says it is. There's something there that we have to deal with, but we cannot take anything Bush says at face value.

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Are you of this same opinion, like I am, that this is just more Chimp rhetoric or do you believe Iran is a real, credible, and most of all, an immediate threat?

Update:

Atrios sees the same thing.

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But note how a central part of the propaganda campaign works: several months ago, the usual estimate for the time Iran would need to develop nuclear weapons was about ten years. Then it got reduced to five years. Now, people speak as if Iran will have nuclear weapons in the next few months.

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