Oliver North

It's the "continued to get better" part that confirms a diagnosis of severe IBD, compounded by rhetorical euphoria syndrome, or RES. When Obama was sworn in as our 44th president, the unemployment rate was about 7.5 percent. It's now 9.1 percent. Millions of Americans have lost their homes and are out of work. Some experts say the housing market has yet to hit bottom. American manufacturing productivity continues to drop. U.S. financial and commodity markets are on a roller coaster, and our government's credit rating has been downgraded.

That's not exactly what a re-election campaign strategist wants us to be thinking about. On Monday, after British Prime Minister David Cameron announced he was "cutting short" his holiday "to address the crisis in Libya," the O-Team trotted POTUS off the golf course so he could tell us that "the future of Libya is now in the hands of the Libyan people." Obama did not mention his March 22 pledge that the military operations he had authorized would be over in "a matter of days and not weeks."

It turns out that all of this was more IBD and untreated RES. By Wednesday, when Libyan rebels succeeded in their sanguinary fight to capture Gadhafi's compound in the heart of Tripoli, the despot had disappeared. His palace was looted, but the megalomaniac who ruled Libya and terrorized the world for seven days short of 42 years had fled.

With Gadhafi still in hiding, U.S. officers say depots full of Libyan weapons -- including man-portable surface-to-air missiles -- may already be in the hands of radical Islamic terrorists. Stockpiles of nuclear materials and precursor chemicals for making nerve agents and mustard gas have yet to be recovered by French and British special operations personnel. And Pentagon planners are looking at options in case Libya descends into anarchy. One officer describes such a scenario as "Somalia on steroids."

Obama supporters now claim his policy of "leading from behind" has been vindicated by the demise of the Gadhafi dictatorship. Though the regime finally has collapsed, only those diagnosed with irrational behavior disorder believe that the people of Libya will realize the president's promise of "a peaceful transition to democracy" any time soon.

Oliver North

Oliver North is a nationally syndicated columnist, the host of War Stories on the Fox News Channel, the author of the new novel Heroes Proved and the co-founder of Freedom Alliance, an organization that provides college scholarships to the children of U.S. military personnel killed or permanently disabled in the line of duty. Join Oliver North in Israel by going to www.olivernorthisrael.com.