With Friends Like Blanche Lincoln....

From The Hill;

Former Sen. Blanche Lincoln of Arkansas and Dan Danner, the chief executive of the National Federation of Independent Business, signaled Wednesday that taking some of the regulatory load off smaller companies would help in the current battle against high unemployment.

“The message that we’re trying to leave is that if we want to create more jobs and make the economy better, how do we somehow get this disproportionate burden of ever increasing new regulations off the backs of the people who create the jobs?” Danner said at an event launching his group’s Small Businesses for Sensible Regulations campaign.

As Herman Cain would say, Excuse me! Is this the same Blanche Lincoln who voted for Obamacare when it was opposed in her state by a margin of almost two to one and stunted the economic recovery. Is this the same Blanche Lincoln who helped write Dodd-Frank and sought to heavily regulate the trading with the now infamous "Lincoln Amendment"?

Both Federal Reserve Chairman Ben Bernanke and FDIC Chair Sheila Bair submitted letters opposing the Lincoln amendment , arguing that the push-out of swaps activities would harm banks and would place swap dealing activities in a less regulated environment.

So now somehow business is bad and former Senator Lincoln has come to Washington to push back on the very regulations she helped write. Big Government thinks this is noteworthy. I think we've seen this all before.