Bain is Romney's Strength and Obama's Weakness

Mitt Romney recently commented on the $2 Billion JP Morgan Chase loss, saying business losses are part of “the way America works.”

JPM has built up positions totaling more than $100 billion in asset-backed securities and structured products — the complex, risky bonds at the center of the financial crisis in 2008. JPM's arrogant facade of competence (shouting down anyone who tries to question their activities )is the same kind of behavior that brought down firms like A.I.G. If things go wrong, the taxpayers are here to bail them out in order to prevent another financial Depression. Isn't this enough reason for Romney to believe we need much stronger financial regulation, stronger even than the Dodd-Frank regulations passed back in 2010 ? Making $2 Million a month on interest and income from money that could have been used to work for companies he raided, He Doesn't.

Bogie of OK 3:33PM May 23, 2012