Seems like we went over this before. Fast and loose is a very old expression, frequently misused. They used fast in the sense of "fastened", not "rapid". It used to mean deceit, not carelessness.
> Fast-and-loose, a cheating game played with a stick and a belt or string, so arranged that a spectator would think he could make the latter fast by placing a stick through its intricate folds, whereas the operator could detach it at once. Hence, shiftiness, inconstancy. -- OED Online
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