I had read this compelling piece a few weeks ago but had been procrastinating about posting a link as it sat stagnating in my Instapaper queue. If you haven't read this article yet, please do so now. Nicholas Schmidle, writing for The New Yorker:

Four months after Obama entered the White House, Leon Panetta, the director of the C.I.A., briefed the President on the agency’s latest programs and initiatives for tracking bin Laden. Obama was unimpressed. In June, 2009, he drafted a memo instructing Panetta to create a “detailed operation plan” for finding the Al Qaeda leader and to “ensure that we have expended every effort.” Most notably, the President intensified the C.I.A.’s classified drone program; there were more missile strikes inside Pakistan during Obama’s first year in office than in George W. Bush’s eight. The terrorists swiftly registered the impact: that July, CBS reported that a recent Al Qaeda communiqué had referred to “brave commanders” who had been “snatched away” and to “so many hidden homes [which] have been levelled.” The document blamed the “very grave” situation on spies who had “spread throughout the land like locusts.” Nevertheless, bin Laden’s trail remained cold.