This is going around as a smoking gun on Operation Fast & Furious…
…only, it’s not really one. It’s a press conference about Project Gunrunner, which was/is our general program for stopping illegal weapons traffic to Mexico. If you watch the video, you’ll see that they’re talking about tracing the guns (Operation Fast & Furious did not), coordinating with the Mexican authorities (Operation Fast & Furious did not), and generally maintaining government oversight over the entire operation (if you believe the administration, Operation Fast & Furious did not). Not really the same thing, in other words.
It is, however, not devoid of interest: this video handily shows the difference between OF&F and the previous administration’s Operation Wide Receiver, which did attempt to trace the guns, did keep the Mexican authorities in the loop, and did maintain government oversight (which is why the operation was closed down by the previous administration, once it was clear that OWR would not succeed). This is of note because Barack Obama and Eric Holder want the American people to believe that the two operations are identical, which is of course absurd; if the two operations had been identical then there would be a lot less Mexican murder sites featuring guns that had been effectively supplied by the Department of Justice.