I make it a habit of regularly bagging the transcribers of press releases (formerly known as “journalists”) for utterly failing to do their jobs, particularly when it comes to challenging the rhetoric of the so-called “free market.” So, today, is a day of rest ranting about the sad state of affairs among the denizens of the Fourth Estate. Because, hells bells, Michael Hiltzik at the Los Angeles Times has penned a devastatingly good piece about the most recent example of JP Morgan Chase getting slapped on the wrist for a pretty big piece of scamming the people.

