President Bush has commuted Scooter Libby's sentence for pejury and obstruction of justice. While he previously had to serve 30 months in prison and pay a $250,000 fine, he now only has probation and the fine...and that sort of money is chump change for Presidential cronies.

Daily Kos has excellent, extensive coverage of why this is so f****d up. For starters...

• Special Treatment
•  Some comments on how this relates to impeachment, with references to debates in the Constitutional convention:

George Mason argued that the President might use his pardoning power to "pardon crimes which were advised by himself" or, before indictment or conviction, "to stop inquiry and prevent detection." James Madison responded:

[I]f the President be connected, in any suspicious manner, with any person, and there be grounds tp believe he will shelter him, the House of Representatives can impeach him; they can remove him if found guilty...