Was Batman Outed in the ’50s?

Batman and Robin hide in plain sight much like another famous couple-Xena, Warrior Princess and her young companion, Gabrielle. The gay subtext is flagrant in some stories, barely hinted at in others. Sometimes, the characters have a fleeting involvement with members of the opposite sex - a date to keep up appearances.
Is Batman gay? I found this gem by Tyrion Lannister on The Bilerico Project.
“The accusation that Batman was a homo, strange as it might sound to our own ears, was taken quite seriously by government and public alike. It wasn’t leveled by a marginal nut or crank, but by a world-renowned psychiatrist, Dr. Frederic Wertham.”
“In 1954, Wertham published a scathing indictment of comic books, The Seduction of the Innocent, which argued that comic books were an invidious influence on American youth, responsible for warped gender attitudes and all manner of delinquency.”
“Batman and Robin, Wertham charged, inhabited ‘a wish dream of two homosexuals living together.’ They lived in ’sumptuous quarters,’ unencumbered by wives and girlfriends, with only an aged butler for company. They care for each other’s injuries, frequently shared quarters, and lounged together in dressing gowns. Worse still, both exhibited damning psychological characteristics: proclivities for costumes, dressing up, and fantasy play; secretive behavior and double-lives; little interest in women; and most damning of all, neurotic compulsions resulting in their violent vigilantism. Indeed, Wertham argued, depictions of Batman and Robin were frequently homoerotic, visually emphasizing Batman’s rippling physique and Robin’s splayed, bare thighs.” 
“‘Only someone ignorant of the fundamentals of psychiatry and psychopathology of sex can fail to realize the subtle atmosphere of homoeroticism which pervades the adventures,’ wrote Wertham. ‘The Batman type of story may stimulate children to homosexual fantasies.’” 
