[Dead Dog]

The whole concept of Political Capital as a expendible resources is a bad analogy, and does not reflect reality in politics.

Bush himself has said in effect that Political Capital is created when it is expended.

[Poohbah]

The whole concept of Political Capital as a expendible resources is a bad analogy, and does not reflect reality in politics.

We lost an opportunity to get the nuclear option.

Bush himself has said in effect that Political Capital is created when it is expended.

OK, this wasn't "expended." It was squandered.