Thursday, September 18, 2008

 

Cavuto shuts down O'Reilly's populist bloviating

Bill O'Reilly has been crusading against gouging oil companies that is just embarrassing. His argument that oil companies have been colluding to keep the price of oil high is ridiculous on its face. The price of oil and gas track pretty closely but not always perfectly and Hurricane Ike has a lot to do with the reason that gas prices have spiked in the last week. O'Reilly has used this moment to make a red faced rant against the oil companies. Neil Cavuto took the opportunity to set him straight.



Populism is such an ugly thing when combined with ignorance. Bill should leave the economic analysis to the professionals.

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