I have been hearing this and can offer the translation:
It means the effort to use the Guard issue to bring down GWB in the 2000 election cycle failed, so the plan was to wait for 5 years (or 4, depending on the version we're now getting) and on the eve of the election, release "documents" that would "prove" the allegations they'd been making for years.
First, remind voters of the issue during the dem presidential primary (check). Then start talking heads and the Kerry campaign "raising questions" over the months (check). Then the AP files a lawsuit to "get all the records" (check).
Even Rush doesn't get yet that CBS was not duped merely because they wanted to believe it (he just said it again!). I contend CBS had a plan with these democrats to roll this story out---most likely originally it was to come out closer to Nov. 2, but clearly this is not the result of "digging" or working a story for years. It's the unveiling of the scheme.
How did this investigation help to feed a hungry child?
you may want to check here. it clarifies what you are saying.
It is a long piece and somewhat repetitive, but interesting if you have the time. :-)
http://www.freerepublic.com/focus/f-news/1219081/posts