I guess I'm just a right-wing simpleton. To me theft is theft, with some allowance for how it was done (at gun point vs. burglary when no one is home). Looting (funny, I see no reason for "scare quotes") is inherently a violent act, so the penalty should be at the more severe end of the range.
Now, if the looters had just stuck to hitting Walmart and maybe CVS - big EEEEEEEEvile corporations - maybe DU-folk would have been even more sympathetic.