So Which is is and which will it be?

So Which is is and which will it be?

If President Obama didn't know about "Fast & Furious", he and his Attorney General Eric Holder are guilty of gross negligence and both should be fired.

If President Obama and Attorney General Eric Holder knew about "Fast & Furious", [which everyone knows they did], they both need to be prosecuted for treason.
 
So Which is is and which will it be?