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Rep. Labrador points out that Holder's testimony in Fast and Furious is similar to his testimony in Marc Rich and other cases.
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Labrador made a really good point in that Holder continues to show up for Congressional hearings unprepared, and that he doesn't seem to know what goes on in his department. Even assuming that Holder didn't have an active hand in this, the fact that he was oblivious to it is a hallmark of utter incompetence.