Raw Story: Presumptive Republican presidential candidate Mitt Romney on Wednesday defended a shocking $3 billion loss on derivatives by JPMorgan Chase & Co. by saying it was just “the way America works.”
Sorry Willard, that's not how America works. That's how fraud and thievery works. We understand you want to be able to have your country club crowd loot the financial system until the entire thing is about to collapse and the taxpayers have to pony up to prevent total meltdown, but it's not right. We were just forced to do that because of the public policy you support, and we do understand that if you're elected, we'll have to do it again, but that's not how America works. In fact, that's how America doesn't work.
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