clipped from: www.meforum.org   

On May 31, 2006, Condoleezza Rice drew a red line in front of Tehran's nuclear enrichment program. "The Iranian government's choices are clear," she said. "The negative choice is for the regime to maintain its current course. . . . If the regime does so, it will incur only great costs." She also offered an olive branch: "As soon as Iran fully and verifiably suspends its enrichment and reprocessing activities, the United States will come to the table with our EU-3 colleagues and meet with Iran's representatives."

Two years later, Iranian officials have installed more than 3,000 centrifuges in a facility designed to hold 50,000. On July 9, the Islamic Revolutionary Guard Corps (IRGC) tested missiles which could reach Israel; the same day, Iranian Web sites carried President Mahmoud Ahmadinejad's pledge to launch a satellite, an event that would demonstrate a mastery of intercontinental ballistic missile technology.
Nevertheless, just 10 days later, Undersecretary of State William Burns