The case made by the Bush Administration that Saddam was reconstituting his nuclear program was greatly exagerated.

sure, but...

Saddam's intelligence service clearly intended to stay in contact with international middlemen who could supply Iraq with "sensitive commodities" at a future date when international scrutiny of Iraq's WMD programs had lessened.

The point being that Bush was wrong about the bear - it was actually in hibernation. However, a hiberating bear eventually wakes up and is hungry and dangerous. Better to shoot it now before it wakes up. We've all seen what those claws and teeth did in the past.