STONE OF SISYPHUS: Responding to ThinkProgress’s misrepresentations. “Unfortunately, young Mr. Fang has neither the business experience nor the intelligence to understand the issues about which he writes. The result is that nearly every sentence is a howler. Among other things, while a contango market is the main subject of Fang’s post, he doesn’t know what the phrase means.” Plus this: “If Think Progress wants to attack petroleum speculators, Goldman Sachs should be in the dock–except that Goldman Sachs is a top contributor to Barack Obama and the Democratic Party.”
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