re: The Obama Bank Shakedown- "It has nothing to do with justice or restitution"

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Banks need to start loaning money out like they always have

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I guess they heard you because commercial and industrial loans made by commercial banks are sitting close to their highest levels post crisis and right around their pre-crisis average.

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stay away from the risky derivatives trading

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Everything has risk. Would you say a commercial loan made to you is less risky than a 10-year interest rate swap with JP Morgan as the counterparty? Or how about a Eurodollar future?Because that's what you're implying. Derivatives are not weapons of mass financial destruction, they are just financial instruments that have their own risk profiles.

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They do not know shite about risk either.

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Maybe you should start a consulting business to go drop some wisdom on them. I mean we're only talking about people that understand risk on an enormous scale better than any other human being on the planet, who's backup to their backup models are still made by particle physics PhDs. I'm sure you'll enlighten them.

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I suppose Hedge Funds also have taxpayer backstops for their investments?

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Nope, they also don't have a mountain full of regulation to comply with.

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We have been bailing out the Banks since the 80s, so how are they not Utilities?

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Commercial and investment banks weren't bailed out in the 80's, S&L's were. In 2008 as some have already pointed out, some banks didn't need or want bailouts but had to, the bailouts were to keep the global financial system from collapsing. Now post crisis banks are being regulated to the point where they may look more and more like utility companies, but that is a consequence of the bailout and not a material implication with taking a bailout.