Didn’t you hear? The libertarian billionaire Charles Koch recently declared his support for the Communist leader of China over the leader of his own country! We learned it from a tweet by Lou Dobbs: “Outrageous Oligarch: Billionaire Charles Koch Admits He’s Working for China instead of America, for Xi and against @POTUS: ‘We’re Working Hard Against’ Trump’s Pro-American Tariffs on China.”

It would be big news indeed if an American billionaire who’d built his fortune in free markets suddenly embraced the statist mercantilism of a Chinese ruler-for-life. Of course, Koch said no such thing. He never said he was working for China instead of America or that he favored Xi over Trump. Even the tendentious Breitbart piece linked in the tweet didn’t say that. The tweet was fiction—as anybody familiar with the latter-day career of Lou Dobbs will readily believe.