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Obama said that he won't have his first term marred by "witch hunts", although he will investigate wrong-doing. You conclude that he would than prosecute officials during his second term, when the public memory of the offenses has completely faded. Do you remember the Iran-Contra scandal prosecutions? Most Americans don't. They happened so late that they were no longer relevant. Obama has said flat out that he isn't going to prosecute Bush administration offender's. I realize that he has a habit of changing his mind, but there is no reason to assume that he's going to do something in his second term that he has given no indication he intends to do.
I've seen a lot of Obama fans do this. They are certain that all of his talk is posturing in order to get elected, that once he is in office he will turn hard to the left. There is no evidence that he will do this. Nothing in his history indicates leftist tendencies. He has always been a pragmatic moderate who voted with the majority of his party.