The cartoon is based on a suggestion by Rich Chandler, and the title comes from this InstaPundit post.
From FoxNews: Libby Indictments Cast Pall on White House.
With one top official facing jail time and another still under investigation, the White House is nearing a perfect storm of political events that threatens President Bush's agenda.Posted by Forkum at October 30, 2005 01:57 PMI. Lewis "Scooter" Libby, the vice president's chief of staff, resigned on Friday after he was indicted by a special prosecutor on five counts in the investigation of the leak of a CIA officer's identity. While not widely known by the public, Libby was a key figure in the administration and integral to developing the case for the invasion of Iraq. ...
[T]he White House's worst-case scenario — indictments for both Libby and [Karl] Rove — did not materialize. The prospect of a high-level official being escorted out of the White House in handcuffs had Bush critics practically giddy with anticipation; some even referred to Fitzgerald's pending announcement as "Fitzmas."
"Had Rove been indicted, this would have been a 100-megaton explosion for the White House. But the fact that he escaped indictment and the only person indicted was Libby, who the public doesn't know much about, makes this a difficult but containable political problem," said Wayne Slater, Dallas Morning News senior political reporter and co-author of "Bush's Brain."
But Rove remains under investigation and the potential for other indictments is still on the table.