Even if what you said about F&F were true, this does not change the fact Holder lied about it to Congress. If he thought it's a good operation - he should have said "yes, I knew about it since 2010 and it's just fine and nothing wrong with it", not "I just learned about it in 2011".
Now back to F&F. If you took a moment to educate yourself, you'd learn the whole point of F&F was to CIRCUMVENT the gun laws and allow the cartels to buy massive amount of guns from dealers that otherwise they would not be able to buy. The dealers signalled the ATF multiple times, but where told to shut up and sell. The rank agents asked to arrest the buyers and take the guns, but were told to stand down and not interfere since it is an operation to track the guns into Mexico, so everything is going fine and the guns should "walk". In fact, there was no way to track them and no tracking actually happened - the guns just disappeared. Blaming gun laws for the sales that were specifically protected by the government agency whose purpose is to monitor gun sales - well, yes, mind-bogglingly stupid. Using government agency fuckup to prove that we need more government involvement - mind-bogglingly stupid. Trying to sell guns to Mexico without actually being able to find them and without telling anybody on Mexican side a thousand guns is heading their way - mind-bogglingly stupid. Blaming Republicans for the mess - I'd say it takes a lot of effort to be this stupid, but apparently it does not. It comes naturally to some - whatever the problem is, Bush is at fault. Doesn't require any effort or any thinking at all. Saves a lot of mental energy that can be spent on blaming Bush for more stuff.
The whole F&F operation was a poorly executed screwup. It should have never happened and whoever thought it is a good idea should be reassigned to issuing parking tickets. However, the worst part is not this - anybody who follows the current events knows that for government projects screwup is a normal mode of operation. The worst is that AG Holder lied to the Congress about it - brazenly, openly and with full understanding that he will get away with it - and with President's help he did. For me and you, lying under oath would mean jail time. For him, according to you, it's just fine and if anything is wrong, the Republicans are at fault anyway.
>>> The especially ironic thing is that since the witch hunt, the ATF's seizures of weapons has dropped 90%.
Given that the purpose of F&F was specifically NOT to seize weapons that could be seized - relating the inevitable blowup of F&F to the lower seizures, is, well, you know... gah.