There are conflicting reports, and the libs are all agog over those that leave some things out, and those that leave some things in.

Here's one report:

In an interview with al-Jazeera aired after the tape, U.S. State Department spokesman Richard Boucher said the recording shows that Iraq and al-Qaida "are bound by a common hatred."

"He threatens everybody in the Arab world except Saddam Hussein," Boucher said. "We are saying Iraq is giving a haven to this group..."

Powell said that on the tape, "bin Laden -- or who we believe to be bin Laden" ... "once again speaks to the people of Iraq and talks about their struggle and how he is in partnership with Iraq..."

The speaker on the tape said nothing about direct ties between al-Qaida and the Iraqi government -- saying his followers only share a common interest with Iraq, even though he denounced Saddam's secular, socialist al-Baath party as "infidels."

"It does not harm in these circumstances that the interests of Muslims and socialists crisscross in fighting against the Crusaders," he said. He urged Iraqis to fight the Americans whether or not Saddam remains in power.

Hmmm....

You'll note that Powell said "he is in partnership with Iraq" and not "he is in partnership with Saddam."

Here's another report.

I'll wait for the transcript, but I also doubt whether this is really OBL.