I'm sure Obama didn't give the ok every time a sell was made to the straw purchasers either. But if he wanted to take the credit for ordering project gun runner by having it announced at the white house, and Fast and Furious is part of gun runner, then let's give him the credit he wanted.

Let's clear up a couple of facts about this video, and Project Gunrunner:
First, they didn't hold the press conference to announce Project Gunrunner. The
press conference that this video was clipped from was held on March 24, 2009 (eight months before Fast and Furious came about), and the part which mentions Project Gunrunner was
36 seconds of the half hour event.
Second, he wasn't taking credit (or trying to take credit) for ordering Project Gunrunner. That would be silly, since
Project Gunrunner was started in 2005, and went national in 2006.
This is a classic example of a video clip being given a spooky name, shown completely devoid of context, and then sold as something that defies both fact and reason, with the hope that most viewers won't make the effort to find out if it's actually true.
I dislike Fast and Furious as much as the next person, it's a stinking mess. But this isn't a smoking gun, and it's not even a leaking water pistol.