Obama's political rhetoric

President Obama's attack on banks may be just parrying for compromise. It's still so off base that it shows what a political jerk he can be at times. Banks would like to lend. It's their business and they are already out there and doing a lot. It is abundantly clear that government regulators are all over banks examining their risk positions and their related capital, as in is it adequate. Are banks smart if they listen to Obama and take unusual risk after all that we have been through. Are smart and capable small business owners actually seeking to extend their credit exposure in these uncertain times with uncertain tax protocols, health insurance costs, and even estate costs.

The consumer protection regulation, if structured sanely without a new massive bureaucracy, has obvious merit. The call for temperance on bonuses also has merit. The call to lend is a complete political stunt, passing on the government's problems once again to an easy target.