"We have laws against suicide, but that doesn't stop people from killing themselves" -- Speaker John Boehner

WASHINGTON, D.C. (Bennington Vale Evening Transcript) -- Addressing the disastrous decision making at JPMorgan Chase that led to a $2 billion trading loss, U.S. House of Representatives Speaker John Boehner said he didn't believe there was "anything in Dodd-Frank that would've prevented this activity at JPMorgan. We have laws against suicide, but that doesn't stop people from killing themselves." The losses suffered by JPMorgan resulted from derivatives trading and could renew calls to expand regulations for banks, even though lawmakers continue to bicker about the Dodd-Frank rules enacted two years ago. Boehner seized the opportunity to emphasize the value of repealing Dodd-Frank. He also stated that most federal regulations should be abolished along the way: "As Americans, we don't need to be told how fast we can drive, where we can smoke, what we can do with campaign contributions, or who we can and can't hire. Heck, I'm not even allowed to accept gifts from associates or business friends. That's just government-sponsored insolence. Federal law requires me to be rude. And your taxes are footing the bill. Where does it end? I'll tell you -- with you in the poor house. You think your checking account fees are high now, imagine what they'll be like when the government takes over."