Error on majority/minority 2013-07-26

Senator Mitch McConnell (D-Ky.) is U.S. Senate Minority Leader, not Majority Leader. However: In an ironic twist, yesterday, a guy micro-blogged: “You are living on Planet Romney[:] Won the Election and Mitch McConnell is Majority Leader” while the publication he writes for, indeed, states:

Senate Majority Leader Mitch McConnell said most Republicans would vote for the bill, even though it does not include riders that would cancel funding for controversial programs,

and

Senate Majority Leader Mitch McConnell put the onus of compromise during next week’s lame-duck session on Democrats.

and

Senate Majority Leader Mitch McConnell (R-Ky.) said the legislation had underperformed.

But, the publication–somewhat to its credit–appears to be engaged with its readers, having reacted to related comments (one of which gets the writer’s name wrong (twice) while correcting the writer) to another story with this thing you could call the Itty Bitty Majority Ditty.  For sure, a correction was made, but, more accurately speaking, the error just disappeared. Adding to the digital mush, yet another publication republished one of the errant stories (complete with goof).  And, yet another journal (while also mangling the writer’s name) quoted some of the one that was corrected, obviously before the correction.

Whew.

Back to the point:  A historically and completely false doozy from the Washington Post states, “Some Republicans, particularly Issa and Senate Majority Leader Mitch McConnell (R-Ky.), have argued that the administration was essentially bullying Obama’s opponents.”

That one is the winner in The McConnell Bind (a test with control and experimental groups) for this round, because da Post did da deed: It still states that employers use credit scores, and of course they do not.

The truth about what is not the truth is stranger than fiction.

Zombie myths

In April, using his News Corporation Fox Business thingy, Rupert Murdoch published, “According to the Society for Human Resource Management, 60% of employers check applicants’ credit scores for at least some of their job candidates as part of their hiring process.”

Fox Business website before correction

Fox Business website before correction

That is nonsense, of course, and somebody changed the Fox story.  The new sentence, substituting reports for scores, is “According to the Society for Human Resource Management, 60% of employers check  applicants’ credit reports for at least some of their job candidates as part of their hiring process.”

[Rookie reporters and journalism students: Don’t be afraid to check original sources (Wouldn’t that be novel?).]

But, there is no acknowledgement on that story’s page (whose title uses a question mark) by Murdoch of the error and its correction.  That is not to say, however, that he always acts in such a clandestine manner.  Within another property in his empire, there was clear acknowledgement of the same error.

The Daily Show with Jon Stewart Mon – Thurs 11p / 10c
The Question Mark
www.thedailyshow.com
Daily Show Full Episodes Political Humor & Satire Blog The Daily Show on Facebook

Unfortunately, due to the syndicated error phenomena, the zombie myth lives.

It also lives in a certain Louisiana State University study, on a United States federal government server, no less, for U.S. citizens to read (and become misinformed).  The National Institutes of Health website states, “Many organizations use credit scores as an employment screening tool, but little is known about the legitimacy of such practices.”

And, here we go, again:

From: Greg Fisher [mailto:greg@pagea2.com]
Sent: Tuesday, November 13, 2012 8:35 AM
To: Rupert Murdoch, chairman and CEO, News Corporation (via Julie Henderson)
Cc: Tim Sullivan, writer, translator, yoga teacher and massage therapist, Money Blue Book
Subject: name your source; coining a term: CUR (credit-utilization ratio)

You published

When you close an account, especially a larger account, your credit-utilization ratio (CUR) will be affected and your score could go down. In addition, if the card you’re closing was the first credit card you ever got, it could shorten the length of your credit history, which can also hurt your score… Closing too many cards at once can cause your credit score to drop sharply from a snowball effect of the reasons mentioned above.

Who is your source regarding closing an account shortening a credit history?  Fair Isaac calls that a myth.

Also, where did you get the idea to use the initials CUR to refer to the so-called credit utilization ratio?  Why don’t you call it PBCL (proportion of balances to credit limits)?


Greg Fisher
Page A2
pagea2.com
PO Box 342
Dayton, Ohio  45409-0342

McClatchy’s syndicated error

(see “950” on the Associated Press website)

From: Greg Fisher [mailto:greg@pagea2.com]
Sent: Friday, September 28, 2012 10:49 AM
To: Bill Marimow, editor, Philadelphia Inquirer, Philadelphia Media Network Inc.; Reid Kanaley, columnist, Philadelphia Inquirer; Al Heavens, real estate columnist, Philadelphia Inquirer
Cc: Laura D. Adams, personal finance expert, Quick and Dirty Tips; Stacy Johnson, CPA, executive producer, publisher, president, journalist, Money Talks News; Jeff Gelles, columnist, Philadelphia Inquirer; Gail MarksJarvis, personal finance columnist, Chicago Tribune; Sam Zell, Tribune Company
Subject: RE: correction policy, Philadelphia Inquirer II

Now, you published: “The most common credit score issued is the FICO, named for Fair Isaac Co., which developed the mathematical formula. Rankings are from 300 to 950: The higher the number, the lower the loan-default risk.”

However, according to Fair Isaac, FICO scores range from 300 to 850.

Please reply with a link to your correction.

Also, today, please answer the questions below from over a month ago, and make sure that Mr. Hall gets this message.


Greg Fisher
Page A2
pagea2.com
PO Box 342
Dayton, Ohio  45409-0342

[previous message attached]