Did the Buck Really Stop with Eric Holder?

Powerline has a post up on the Christmas panty bomber discussing the treatment of him by the justice department. They've called it Obama's Folly. Here is how it starts:

This afternoon the Justice Department released Attorney General Holder's five-page letter to Senate Minority Leader Mitch McConnell on the case of Umar Abdulmutallab. The letter is powerful evidence of the damage wrought by the three pillars of Obamaism.

Holder first takes responsibility for the treatment of Abdulmutallab as a criminal defendant, with the agreement of the Obama administration's entire national security apparatus: "I made the decision to charge Mr. Abdulmutallab with federal crimes, and to seek his detention in connection with those charges, with the knowledge of, and with no objection from, all other relevant departments of the government." He then defends this treatment of the case: 

Read his defense and further discussion of this subject here.