Boston Globe Lifts Bad Info From Other Sources on Romney’s Bain Tenure

-By Warner Todd Huston

The Boston Globe wanted readers to think it had a scoop on its Bain Capitol story on July 12. But in the story claiming Romney is lying about leaving Bain in 1999, the Boston Globe not only used the work of other publications and did so without attribution (we call that plagiarism) but, on top of that, the sources used are simply wrong in the claim that Romney stayed at Bain three years after he said he left. It’s all around newspaper fail.

The Boston Globe was excited to push its story (subscription required), a tale of gotcha journalism where the GOP candidate was “proven” to have lied about saying he left Bain Capitol in 1999. The Globe claims they “found” evidence that he was actually there, actively managing the company until as late as 2002. If this were true, Romney wouldn’t just be a liar but he’d also be in trouble with the Securities and Exchange Commission (SEC).

Says the Boston Globe,

Mitt Romney has repeatedly sought to distance himself from some business dealings at Bain Capital by asserting that he left the firm in February 1999, but a review of public records shows that his authority lingered for three more years as Bain repeatedly listed him on government filings as the man in charge. Until 2002, when Romney and Bain Capital finalized a severance agreement, he remained the firm’s “sole stockholder, chairman of the board, chief executive officer and president,” according to SEC documents. The description was applied even to the creation of five new Bain partnerships a full three years after Romney has said he relinquished all control.

If this were all true, it would be a pretty bad thing for the candidate. Fortunately for Mitt and unfortunately for the screaming headline of the Boston Globe, it isn’t true. Mitt really did stop managing Bain Capitol in 1999 when he left the company to take over the struggling Winter Olympics.

Even FactCheck.org, no friend to Republicans, has debunked claims that Romney was actively controlling Bain after 1999. The Obama campaign has repeatedly claimed that Obama managed Bain after 1999, but FactCheck says Obama is all wet.
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Boston Globe Lifts Bad Info From Other Sources on Romney’s Bain Tenure”


A Misleading Story on ‘Facts’

-By Warner Todd Huston

On July 11, the Boston Globe featured a story on “facts” and how people just don’t seem to want to hear them when they intersect with closely held political opinions. The story has some interesting points to make, points that seem quite sensible, but there is no escaping the fact that the whole story is not only written from a left-wing perspective but is misleading in a central reality that is wholly ignored by the piece.

For the Globe, writer Joe Keohane laments that people with preconceived political opinions rarely have their minds changed when presented with facts contrary to what they imagine is true. “Facts don’t necessarily have the power to change our minds,” says Koehane. He concludes that “this bodes ill for a democracy” because voters are making decisions based on willful misconceptions.

They already have beliefs, and a set of facts lodged in their minds. The problem is that sometimes the things they think they know are objectively, provably false. And in the presence of the correct information, such people react very, very differently than the merely uninformed. Instead of changing their minds to reflect the correct information, they can entrench themselves even deeper.

Koehane goes on to quote researchers that have found that people don’t like to be confronted with how wrong they are and when facts contrary to their beliefs come up they often dismiss them out of hand whether true or not. In this way people don’t have to face up to truth when they are wrong.
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A Misleading Story on ‘Facts’”

Boston Globe: Talk Radio Now ‘Irrelevant’?

-By Warner Todd Huston

Looks like a couple of fellows pushing a book were able to convince the Boston Globe to let them contribute some soothsaying about the future of talk radio. Scratch that, they are talking about today, here and now — and it’s all bad. In the Boston Globe, Steve Elman and Alan Tolz have proclaimed “the rising irrelevance of talk radio,” so Rush… fuggedaboutit. Hannity… go back to house painting. Michael Savage… go back to whatever the heck it was you were doing before you were “Michael Savage.” It’s over. Just like when the Germans bombed Pearl Harbor (excuse my John Belushi). Finis ( a little French lingo there).

Unfortunately for Elman and Tolz, though, it appears that they don’t even have their main facts straight, much less a crystal ball successfully tuned into the state of talk radio today. In fact, they get something wrong in their very first sentence.

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