Why Aren't Banks Lending?

Click on the title to link. This is an interesting article as to the reasons banks are not lending, and why the author thinks they should not be. We completely disagree with this article overall, however. The guy completely misses the issue. If the government is giving banks this money to free them up to lend then they have a fiduciary responsibility to lend. But they should not be lending to just anybody. It is not as if the banks should be "lending like it was 2006" (as the CEO of Bank of America says they are, which is a bunch of bologna). If any bank is lending like that then they should be shut down for stupidity. What they should be doing is lending to good borrowers and projects (I don't know, use your brains maybe) because this will re-stimulate the economy. For the economy to recover money has to be moving. If the banks and government would stop throwing the baby out with the bath water and start pinpointing the issues then we would get out of this mess much, much faster. It is funny to us how simple it is to all of us, yet the Washington people are that clueless. Go figure.