I believe it to be true. The Bush Administration is facing another humiliation at the UN. Powell ran this failed strategy the first time and now he's doing it again. Bush is an extraordinarily weak man in that he is unwilling to blow off a failed strategy before it humiliates him.
Bush is in a bind. The huge expenditure in Iraq blows the deficit out of sight and makes him vulnerable on that score. If sabotage and American deaths continue, he is vulnerable on that scenario. His opponents in the UN and EU are extremely pleased to see his administration in a bind after the comments his administration made leading up to the Iraq war. Bush 1 failed in his try for a second term due to recession after high popularity during Desert Storm.
Bush 2's strategy was to copy his father's strategy and ride a huge wave of popularity on the success of conquering Iraq. The initial strategy worked well but has gotten bogged down with guerilla actions. The expenses have increased more than projected. He needs foreign troops to relieve our troops and present a more likable occupation force as well as help on reconstruction expenses. The decisions are going to be critical to his chances for reelection.