Project GunRunner was a legitimate law enforcement operation with known logical goals that were supported by the actions of the ATF. Operation Fast and Furious's stated goal is illogical, and as a law enforcement operation, it served no purpose whatsoever.
Making the two synonymous helps this administration cover up the crimes that were committed.
Further it's idiotic to think that Holder didn't know about this operation. It was thought of, created, planned and funded by this administration with the only logical intention of renewing an expanded assault weapons ban.
This speech isn't a smoking gun in any way, but it is yet another speech given about the evils of gazillions of American guns going to Mexico before there were a lot of guns going to Mexico. After there were a few critical analysis articles that demonstrated that they actually weren't that many American guns in Mexico suddenly they create an operation that actually send guns into Mexico? Nothing suspicious there.
Read it again. He says clearly they are launching NEW INITIATIVES ALONG THE BORDER.
That was Fast and Furious
Bingo! I started to post this article this morning and then thought better of it for exactly the reasons you have outlined.
I believe Issa will produce the damning mosaic, but it will take time.
Whistleblowers are emerging and information must be verified and analyzed.
As others have pointed out, operations conceived and executed in the shadows aren't so easily dragged into the light.