UPDATE: Here is a link to the piece. It doesn't seem to support the scare-nature of the cover. Many of the allegations of mismanagement and cronyism are broad, sweeping generalizations with little to no attribution.

There's also a lot of seemingly uncalled for, loaded language. For example, the writers refer to the Iraqi reconstruction effort as "America's postwar adventure in Iraq." And President Bush isn't referred to as "President Bush." He's referred to as "George W. Bush," without the title.

If anyone might perceive a problem with the story, it's not that it's a lengthy opinion piece - it's that it's an opinion piece dressed up as a news story.