Voted up since this doesn't deserve it's low score, but I'll echo what some other commenters are saying- don't spend so much time discussing your own meandering thought processes. It is not an effective writing style. You're not writing a whodunnit, you don't need to worry about spoiling the ending - give me the main points immediately so I can think about them while reading the rest.
With regards to the content, what examples can you give of a documented (or UNdocumented) reasoning process? If you're suggesting this as a normative procedure to follow, how do you plan on overcoming the enormous transaction costs this places on conversations?
(For what it's worth I fell into the same trap of writing a post, revising it heavily, getting tired of it, declaring "its done" and receiving a lukewarm response when I submitted it. My advice would be to simply put it aside for a week or so, then return to it with a more rested/critical eye.)
In particular, when you find yourself including a Monty Python reference suggesting, "I know this sucks, but I am sophisticated enough to laugh at myself about it," then you should realize that it is time to start over.
Query: by what objective criteria do we determine whether a political decision is rational?
I propose that the key elements -- necessary but not sufficient -- are (where "you" refers collectively to everyone involved in the decisionmaking process):
If an argument satisfies all of these requirements, it is at least provisionally rational. If it fails any one of them, then it's not rational and needs to be corrected or discarded.
This is not a circular definition (defining "rationality" by referring to "reasonable" things, where "reasonable" depends on people being "rational"); it is more like a recursive algorithm, where large ambiguous problems are split up into smaller and smaller sub-problems until we get to a size where the ambiguity is negligible.
This is not one great moral principle; it is more like a self-modifying working process (subject to rational criticism and therefore improvable over time -- optimization by successive approximation). It is an attempt to apply the processes of science (or at least the same reasoning which arrived at those processes) to political discourse.
So... can we agree on this?
This is a hugely, vastly, mindbogglingly trimmed-down version of what I originally posted. All comments prior to 2010-08-26 20:52 (EDT) refer to that version, which I have reposted here for comparison purposes and for the morbidly curious. (It got voted down to negative 6. Twice.)