Late night news bulletin on BBC News-24 last evening. Business reporter solemnly notes that the government plans to move ahead with its banking reforms, despite warnings from both the banks themselves and the CBI, because it believes that "banks need to lend more and to cut risk".
If a BBC business reporter can't see the contradiction there, that's a bad thing.
If the government can't see the contradiction -- and there are plenty of signs that it can't -- that's even worse.
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