Despite the bad news he is forced to deliver, Kay appears to be a team player, and as such, is trying to blame the whole mystery-of-the-missing-WMD thing on the CIA, as well as those crafty Iraqi scientists who lied to Saddam as they frittered away copious amounts of research money on hookers, whiskey and bling bling, or whatever it is they are supposed to have done.
At any rate, there was undoubtedly an intelligence failure here, but not in the sense Kay means. The Center for American Progress provides a timely reality check.