Obama Asserts Executive Privilege Over Fast And Furious Fiasco

If there was any confusion whether Obama is in fact Bush, or maybe even Nixon, this has now been squashed. From Fox:

President Obama has granted an 11th-hour request by Attorney General Eric Holder to exert executive privilege over Fast and Furious documents, a last-minute maneuver that appears unlikely to head off a contempt vote against Holder by Republicans in the House. The House Oversight and Government Reform Committee is expected to forge ahead with its meeting on the contempt resolution anyway.

Holder, whose guilt is implicitly proven by this action, is now likely absolved of everything as the TOTUS has effectively onboarded all of his "balance sheet risk." And why not. The Fed does it for everyone else every day.

As a reminder, from the WSJ:

A showdown Wednesday in the House between Attorney General Eric Holder and Rep. Darrell Issa comes down to this: Who will blink first in a dispute over Justice Department documents Mr. Issa is demanding related to the botched Fast and Furious gun-trafficking probe?

California Republican Mr. Issa is chairman of the House Oversight and Government Reform Committee, and he has called a 10 a.m. meeting of his panel to vote on a resolution to sanction Mr. Holder with contempt of Congress. The two men held a meeting Tuesday that lasted only 20 minutes. And from their accounts, it has become a game of chicken, with each side insisting the other act first to resolve the standoff.

Mr. Holder said Mr. Issa rejected his offer to provide documents because the lawmaker wouldn't agree that they would fulfill the subpoena, effectively ending the contempt threat. Mr. Issa said the attorney general didn't come prepared to provide documents and that the contempt threat can't be removed until the documents are produced.

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