O'Reilly & Economic Illiteracy

GLENN REYNOLDS:

"JEEZ, I'M WATCHING BILL O'REILLY TALK ABOUT OIL 'SPECULATORS' and he's making a fool of himself. He absolutely doesn't understand futures markets."

I remember a year or so ago when Mr. O'Reilly was beside himself that no one could tell him who it was that set the price of gasoline in the United States. Isn't economic illiteracy like a new virus or something? Can't we consider it a threat to our public health?