And if you haven’t already heard yesterday, the notes of the Time magazine journalist surrendered Saturday allegedly reveal the source who “outed” CIA agent Plame — spouse of an ambassador who was a most vocal critic of the Bush admin’s grounds for Iraqi invasion — was none other that Karl Rove, arguably the most powerful man in the world.

While the journalist in question faced prison time for protecting an unnamed source, Rove now could face perjury charges for lying to a grand jury or even possibly treason charges for revealing the identity of a clandestine agent. The death penalty is still in effect for a federal treason conviction.

Understandably, Rove will deny everything and no evidence will ever be found for an indictment. The only question now, is whether this news will effect the conventional wisdom stateside enough to bring about a long-needed backswing of the pendulum.

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