Where do they come from?

Liberals can reconcile contradictions like "he's a liar but he did nothing wrong." Where do they come from in this administration? Ms. Blair, the FDIC chairmman, claims that stricter regulation won't hamper economic recovery. Surcharges on risky financial systems won't cause lending to contract. Obviously, knowledge of the risky basic premise of lender with money vs. borrower who wants money eludes her. Punishment discourages profit - except in her liberal thinking. Also, Ms, Blair likes the idea of requiring higher capital levels to dissuade financial institutions from getting too big and to make it more expensive to expand. Our liberal big brother in Washington can never be too big, but business can. Just as the Obama administration aims to "necessarily bankrupt the coal industry," the FDIC aims to punish lenders and dictate their levels of capital. Try to decode the rationale of this liberal's thinking: "The problem with lending now has nothing to do with capital. It's combined risk aversion on the part of banks and consumer demnd." Duh. Just the opposite - disregarding risk - is what got America into the financial crisis in the first place and just the opposite is what the government forced the banks to do over the years.