I've tried very hard not to post anything political on my blog, but this news is just too big and too much of a breaking story to ignore. Like many others, I first caught wind of this story after seeing that "Bush Indictment" was the top search term on Technorati. Following up a bit more, it seems that the story originated here, and whether it's based on truth or rumor, the blogosphere grabbed hold and made it huge. I'd be surprised if we don't hear more about this on traditional news, even if it's only about how the blogosphere is gaining agenda setting powers.
According to federal whistleblower Tom Heneghen, who recently reported on www.truthradio.com, Powell testified before the citizen grand jury that President Bush had taken the U.S. to war illegally based on lies, which is a capital crime involving treason under the U.S. Code.
There's also a good blog about the situation here.
Secondly, the special prosecutor would have no authority to issue indictments on anything other than the Plame leak case.
Finally, not only is "lying" not a capital offense, it's not even a crime. If he lied under oath it would be a different matter (though I don't recall when President Bust has testified under oath).
I mean really, c'mon. That story is asinine from start to finish (an American special prosecutor issued a subpoena to a forign head of state?) - did you ever take high school civics?