On Wednesday evening, all but one of America's television networks blew off their prime-time programs and dutifully trotted off to the White House to cover an hour-long self-congratulatory press conference celebrating the first 100 days of the Obama administration.

Only FOX kept regularly scheduled programming — their new hit, "Lie to Me." ABC, CBS and NBC should have used the same title for the O-Team press conference.

The FOX "reality drama" drew a million more American viewers than any network airing President Obama's version of "Lie to Me." Those who tuned in to the White House coverage were treated to an astounding defense of profligate spending, a litany of broken promises and a deceitful denial of foreign policy failures. The fawning network executives who decided to forego an estimated $10 million in ad revenues to cover the 100th Night carnival from the East Room have to hope their shareholders don't fire them all.

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Ever mindful of what's "playing" in front of the American people, Obama led off, as he does consistently, with the crisis de jour. This time it was the "swine flu," which members of the O-Team and the media have labeled a "possible pandemic."

On Wednesday evening, our physician-in-chief assured us that he is "doing everything necessary" to "closely monitor the emergency cases of the H1N1 flu virus throughout the United States" and that our "government is taking the utmost precautions and preparations." After noting that he has "requested an immediate $1.5 billion in emergency funding from Congress to support our ability to monitor and track this virus and to build our supply of antiviral drugs and other equipment," the good doctor advised us to "keep your hands washed; cover your mouth when you cough; stay home from work if you're sick; and keep your children home from school if they're sick."

His flu-prevention prescription is reminiscent of guidance during last year's campaign on saving auto fuel by keeping our tires properly inflated. Presumably someone at the White House Press Office is preparing a press release reminding us all to eat our green leafy vegetables.

The next item in the teleprompter was a kudo to Congress for passing the 2010 O-Team budget. Though it passed the House of Representatives without a single Republican vote, Obama gushed about "how gratified I am that the House and the Senate passed a budget resolution today that will serve as an economic blueprint for this nation's future." If that "blueprint" statement is valid, our nation's economic future will be very bleak indeed.

Though he claimed "this budget builds on the steps we've taken over the last 100 days to move this economy from recession to recovery and ultimately to prosperity" and asserted that he has "already saved or created over 150,000 jobs," there is scant evidence any of this is true.

Congressman Mike Pence, chairman of the House Republican Conference, described the funding measure as "the most fiscally irresponsible budget in American history." Congress should be doing what every American family is doing: Cutting expenses, finding within themselves the faith and, yes, the courage to get through these times with sacrifice. Instead, here in Washington, D.C. it's more government, more spending, more debt and more taxes.

The "reporters" attending the press conference may be forgiven for not having had time to do the math, but the unprecedented spending in this budget is mind-boggling by any standard. In the 100 days being feted, the national debt has soared from $10.6 trillion to $11.2 trillion — an increase of $558.4 billion. If this pace continues, Obama will succeed in adding over $2 trillion to the debt in his first year in office alone — a staggering $36,569 for every living American.

Though Obama claims to be "creating jobs" and "helping Americans keep their homes," reality says otherwise. Despite spending $235 billion of our tax dollars bailing out financial institutions, there have been 27 bank failures in the United States in the last 100 days. According to his own Department of Labor, more than 2 million Americans have lost their jobs since he moved into the Oval Office. The Obama administration's own figures reveal that during their tenure, 908,666 American families lost their homes to foreclosure.

The "Lie to Me" theme continued in Obama's description of his foreign policy "successes" in his first 100 days. His assertion that "we have rejected the false choice between our security and our ideals by closing the detention center at Guantanamo Bay and banning torture without exception" can only be described as "Clintonesque." The truth is, Gitmo is still open because no other country, not even Saudi Arabia — to whose king he curtsied — nor Venezuela — whose dictator's palm he stroked — wants to take the terrorists detained there.

— Oliver North is the host of "War Stories" on FOX News Channel, the author of "American Heroes" and the founder and honorary chairman of Freedom Alliance..

Lt Col Oliver L. North (ret.) serves as host of the Fox News Channel documentary series "War Stories with Oliver North." From 1983 to 1986, he served as the U.S. government's counterterrorism coordinator on the National Security Council staff. North is the founder of Freedom Alliance, an organization providing college scholarships to the children of military personnel killed in the line of duty and author of the new nationwide bestseller, "Counterfeit Lies," a novel about how Iran is acquiring nuclear weapons and the means of delivering them. Click here for more information on Oliver North