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President Obama admits U.S. “underestimated” rising threat of ISIS in Iraq & Syria. Here’s exactly what he said.

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Obama tells “60 Minutes” that US intelligence underestimated the ISIS threat. (source: CBS News)

For the last several years, President Obama and his top advisors told us over and over again that “al Qaeda is on the run,” and “we decimated al Qaeda.”

In January, the President dismissed ISIS — formerly known as “al Qaeda in Iraq” — as a “jayvee” team and not a serious threat in Iraq or a serious threat to U.S. national security. He said this even though ISIS forces had just seized control of the city of Fallujah days before the January interview with a reporter from the New Yorker.

But as numerous Mideast analysts, myself included, have repeatedly warned, the forces of Radical Islam have grown more powerful and more dangerous in recent years, not less so — and ISIS, in particular, is no “jayvee” squad. They are a vicious, battle-tested, barbaric terrorist organization. They are slaughtering Muslims and Christians throughout Iraq and Syria. They are beheading American reporters. They seek to conquer not only Iraq and Syria but Lebanon, Jordan and all of Israel. They want to build a global kingdom or “caliphate,” and ISIS leaders openly vow to attack America and raise their black flag over the White House.

As I have been researching and writing my forthcoming novel about the ISIS threat — THE THIRD TARGET — I have been astonished to see President Obama and his top advisors repeatedly dismiss the ISIS threat and refuse to take action until just within the last few weeks when they have begun to change course.

Now the President is admitting that the U.S. “underestimated” the rise and severity of the ISIS threat.

But is he really taking responsibility, or is he actually blaming American intelligence officials for underestimating the ISIS threat? Does he finally understand the magnitude of the threat and is he really willing to do all that is necessary to protect the American people and our allies and fully defeat ISIS, or is he talking big but taking half-measures?

You be the judge.

Consider the following excerpts from a CBS News report, and an interview with the President that aired on “60 Minutes” on Sunday evening:

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