After the election, Saddam might make such an anouncement but I don't think so. He has large numbers of Muslims around the world who may not be trusted any more, but they are not persecuted. Such a threat would put most of them under the gun.
No, Saddam's best tactic would be to attack after the election but not take credit. Direct credit permits retaliation ("Go ahead, make my day!") and I don't think he'd do that. The attack has to come from sources that will allow Dashole, Kennedy, Biden and the French to say, "We don't have sufficient proof." and urge that we continue to do nothing and take hits. I'm reasonably sure that if we were to see Dashole income tax returns, we'd find that his bag lady wife's consulting firm has several Saddam fronts as major clients.