What part of this wasn't true when Obama was lining Qaddafi's pockets?

Author: 
Andrew C. McCarthy

President Obama tonight:

For more than four decades, the Libyan people have been ruled by a tyrant – Moammar Gaddafi. He has denied his people freedom, exploited their wealth, murdered opponents at home and abroad, and terrorized innocent people around the world – including Americans who were killed by Libyan agents. Last month, Gaddafi’s grip of fear appeared to give way to the promise of freedom. In cities and towns across the country, Libyans took to the streets to claim their basic human rights. As one Libyan said, “For the first time we finally have hope that our nightmare of 40 years will soon be over.”

Was all this not true when Obama was embracing the Bush policy of considering Qaddafi a valuable ally against terrorism and when Obama was pouring taxpayer funds into Qaddafi-run charities?