Romney: That’s the way…America works. Some people experienced a loss in this case because of a bad decision. By the way, there was someone who made a gain, all right. The $2 billion J.P. Morgan lost someone else gained.
While Mitt's right that somebody else did gain what J.P. Morgan lost, that doesn't take away from the fact that it was a really stupid thing to say. If some random thug robs someone on the street for $100, we don't say that it's okay because there wasn't a net loss of money between the two parties.
But here's another question. Does this mean Mitt doesn't have a problem with that whole wealth redistribution thing anymore? After all, money lost from taxes on a rich person will be gained by someone else on a lower tax bracket, right?