If you haven't had a chance to read the fairly long New Yorker article by Seymour Hersh, where he discusses the administration's apparent shift towards clandestine support of radical Sunni groups to undermine Iran, than the following are several key excerpts (my bolds):

A by-product of these activities has been the bolstering of Sunni extremist groups that espouse a militant vision of Islam and are hostile to America and sympathetic to Al Qaeda.
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Al Qaeda is Sunni, and many of its operatives came from extremist religious circles inside Saudi Arabia.
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They [the administration] ignored warnings from the intelligence community about the ties between Iraqi Shiite leaders and Iran, where some had lived in exile for years. Now, to the distress of the White House, Iran has forged a close relationship with the Shiite-dominated [Iraqi] government.
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[Martin] Indyk, who is the director of the Saban Center for Middle East Policy at the Brookings Institution, added that, in his opinion, it was not clear whether the White House was fully aware of the strategic implications of its new policy. “The White House is not just doubling the bet in Iraq,” he said. “It’s doubling the bet across the region. This could get very complicated. Everything is upside down.”
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Flynt Leverett, a former Bush Administration National Security Council official, told me that “there is nothing coincidental or ironic” about the new strategy with regard to Iraq. “The Administration is trying to make a case that Iran is more dangerous and more provocative than the Sunni insurgents to American interests in Iraq, when—if you look at the actual casualty numbers—the punishment inflicted on America by the Sunnis is greater by an order of magnitude,” Leverett said. “This is all part of the campaign of provocative steps to increase the pressure on Iran. The idea is that at some point the Iranians will respond and then the Administration will have an open door to strike at them.”
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The Pentagon is continuing intensive planning for a possible bombing attack on Iran, a process that began last year, at the direction of the President. In recent months, the former intelligence official told me, a special planning group has been established in the offices of the Joint Chiefs of Staff, charged with creating a contingency bombing plan for Iran that can be implemented, upon orders from the President, within twenty-four hours.
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“Today, the only army capable of containing Iran”—the Iraqi Army—“has been destroyed by the United States. You’re now dealing with an Iran that could be nuclear-capable and has a standing army of four hundred and fifty thousand soldiers.”
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“The last time Iran was a threat, the Saudis were able to mobilize the worst kinds of Islamic radicals. Once you get them out of the box, you can’t put them back.”
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The [Saudi] princes are gambling that they will not be overthrown as long as they continue to support religious schools and charities linked to the extremists. The Administration’s new strategy is heavily dependent on this bargain.
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“We are in a program to enhance the Sunni capability to resist Shiite influence, and we’re spreading the money around as much as we can,” the former senior intelligence official said. The problem was that such money “always gets in more pockets than you think it will,” he said. “In this process, we’re financing a lot of bad guys with some serious potential unintended consequences. We don’t have the ability to determine and get pay vouchers signed by the people we like and avoid the people we don’t like. It’s a very high-risk venture.”

American, European, and Arab officials I spoke to told me that the Siniora government and its allies had allowed some aid to end up in the hands of emerging Sunni radical groups in northern Lebanon, the Bekaa Valley, and around Palestinian refugee camps in the south. These groups, though small, are seen as a buffer to Hezbollah; at the same time, their ideological ties are with Al Qaeda....

“Salafis are sick and hateful, and I’m very much against the idea of flirting with them,” he said. “They hate the Shiites, but they hate Americans more. If you try to outsmart them, they will outsmart us. It will be ugly.”
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Nasrallah said he believed that President Bush’s goal was “the drawing of a new map for the region. They want the partition of Iraq. Iraq is not on the edge of a civil war—there is a civil war. There is ethnic and sectarian cleansing. The daily killing and displacement which is taking place in Iraq aims at achieving three Iraqi parts, which will be sectarian and ethnically pure as a prelude to the partition of Iraq. Within one or two years at the most, there will be total Sunni areas, total Shiite areas, and total Kurdish areas. Even in Baghdad, there is a fear that it might be divided into two areas, one Sunni and one Shiite.”

He went on, “I can say that President Bush is lying when he says he does not want Iraq to be partitioned. All the facts occurring now on the ground make you swear he is dragging Iraq to partition. And a day will come when he will say, ‘I cannot do anything, since the Iraqis want the partition of their country and I honor the wishes of the people of Iraq.’ ”
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The Bush Administration’s reliance on clandestine operations that have not been reported to Congress and its dealings with intermediaries with questionable agendas have recalled, for some in Washington, an earlier chapter in history. Two decades ago, the Reagan Administration attempted to fund the Nicaraguan contras illegally, with the help of secret arms sales to Iran. Saudi money was involved in what became known as the Iran-Contra scandal, and a few of the players back then—notably Prince Bandar and Elliott Abrams—are involved in today’s dealings.

Iran-Contra was the subject of an informal “lessons learned” discussion two years ago among veterans of the scandal. Abrams led the discussion. One conclusion was that even though the program was eventually exposed, it had been possible to execute it without telling Congress. As to what the experience taught them, in terms of future covert operations, the participants found: “One, you can’t trust our friends. Two, the C.I.A. has got to be totally out of it. Three, you can’t trust the uniformed military, and four, it’s got to be run out of the Vice-President’s office”—a reference to Cheney’s role, the former senior intelligence official said....

The Pentagon consultant added that one difficulty, in terms of oversight, was accounting for covert funds. “There are many, many pots of black money, scattered in many places and used all over the world on a variety of missions,” he said. The budgetary chaos in Iraq, where billions of dollars are unaccounted for, has made it a vehicle for such transactions, according to the former senior intelligence official and the retired four-star general.

“This goes back to Iran-Contra,” a former National Security Council aide told me. “And much of what they’re doing is to keep the agency out of it.” He said that Congress was not being briefed on the full extent of the U.S.-Saudi operations. And, he said, “The C.I.A. is asking, ‘What’s going on?’ They’re concerned, because they think it’s amateur hour.”

Scary, scary stuff indeed. With this administration making the (trumped up) case for and execution of invading non-9/11-involved Iraq, they've opened the holding pen filled with 500 cats and now they're chasing them willy-nilly, left and right. And we all belong to the group of exposed, vulnerable mice.