DeMint ignited the wrath of the liberal punditocracy by daring to compare the recently reported $2 billion trading loss at Dimon's otherwise profitable firm to the billions - or trillions - that Congress squanders all the time. 

He opened his questioning by remarking to Dimon, "We can hardly sit in judgment of you losing $2 billion; we lose twice that [amount] here in Washington every day and plan to continue to do so." 

DeMint's speaking truth to the real power - the power of big government - earned him even more than the usual scorn he gets from powerful members of the media establishment.

Soon after, DeMint was questioned by no less a political philosopher that Jon Stewart on "The Daily Show" in one of his preachy  tirades, "Does Senator DeMint think that spending money is the same as losing money?" 

Similarly, an Atlantic Wire blogger tut-tutted that DeMint was "apparently equating government spending with bank loses [sic]."