CORRECTION: Dodd on Regulatory Reform

Thanks for correcting the record.
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Probably worth appending a correction to the earlier post, too. You never know how someone will run into out of date info.

Thanks for clearing that up. I couldn’t believe Dodd would be that craven.

Joe Klein:
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So wait:
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Now Dodd isn’t a fundamentally corrupt, soulless, integrity-bereft grifter and swindler of the public, whose sole goal in the last days of his committee chairmanship is the securing of luxurious, ultra-lucrative post-Senate employment in the financial lobby?
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You “hope Dodd succeeds“? That’s it?
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You raced to malign this man’s character and service in print on the basis of that one story in “dealReporter” that turns out to be thoroughly false, Joe Klein?
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Isn’t more than an Emily Litela in order here (link for those born after 1990), don’t you think?

“looks like dealReporter, the publication Michael Scherer and I cited yesterday on financial regulatory reform, got quite a bit wrong. Scherer reports below that Republican Senator Richard Shelby says he’s undecided on the so-called Volcker Rule to limit casino-gambling by banks. And Senator Chris Dodd was entirely misrepresented by dealReporter, Scherer and me:”

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There’s that famous JK and Time fact checking at work

In the immortal words of Emily Litella: “Oh, that’s very different… Never mind”.
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Yes, please correct the original post (and possibly include a link to this one). The original post is already being linked on other blogs.

It looks like you and MS took the usual route: get it out fast and issue a correction later. Meanwhile the first report has already hit the airwaves. Whatever happened to fact checking? Whether its deal Reporter or anyone else: just don’t assume its gospel because a “reporter” wrote this stuff. Did either of you check this with Sen Dodd before posting?

I’m still waiting for the retraction that “American people are dumb and stupid“.
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By the way Joe Klein, did you feel in the least like Barney Frank when you were on O’Reilly the other night?

TIME Magazine.

What. A. Rag.

I’m still waiting for the retraction that “American people are dumb and stupid”.
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Well rustynutters, quit acting that way and it might happen.
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…Too easy…

yeah Rusty stop trying to mimic the liberals. If you act like them you will be rented out as pottery.

Oh give him a break. He corrected his post. 90% of blogging is writing about what someone else wrote. Sometimes you end up with a foot in your mouth. At least he removed it. There are plenty of people who don’t even bother to add corrections.

What sz said.

In general I would agree with you. However, JK has made a point, in the past, on how he never publishes anything without the great pains that he and his famous fact checker go through to avoid just this. He has also ridiculed others for the very same thing. Well in reality, JK is just acting like any liberal journalist. So on facts (truth) quick to condemn others (conservatives) but does precisely what he ridicules.

Hey, as long as he doesn’t retract the observations that: 1) good public servants (and good government) get bought-off by industry offers of “nice cushy jobs” after they’re done screwing the public, 2) progressive policy is also good politics and 3) the rest is often the result of worshiping at the “altar of witless bipartisanship”.

“I’m still waiting for the retraction that “American people are dumb and stupid”.
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Well, I think he’s coming around to realizing the actual problem. It’s not just the ignorance of large numbers of Americans, it’s that the opposition party is also measurably crazy. Combined with a corporate press that’s been unwilling to call crazy and mendacious for what it is, it’s a recipe for a population that’s “too dumb to thrive”.
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http://swampland.blogs.time.com/2010/02/02/mainstream-america/

2 major corrections on the same issue from about the two most prominent members on the Committee. What bugs me is I’m not sure who screw it up – you guys, the original source, the two Senators communications staff, or did the Senators actually mean the original report and all of a sudden had to backpedal when word leaked that they might be softer on the banks than desired.

There are plenty of people who don’t even bother to add corrections.
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Yes, and that includes most of our unimpeachable establishment media. It’s highly commendable that Joe Klein would start to issue corrections (in the past he has been somewhat reticent in this regard).
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Normally I’d agree with you, but yesterday he wrote:

Chris Dodd wants his legacy. Or, perhaps, he just wants a nice, cushy bank job after he retires.

That’s not a factual error that needs correcting, that’s an attack on someone else’s character that requires an apology.
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That’s my point, at least.

That would certainly be a more worthwhile legacy.

There should be a windfall profits tax on bonuses derived as a result of the bailout.

[...] of Banking Committee Chairman, Sen. Chris Dodd (D-CT). But on Tuesday, Dodd refuted the claim, telling Time Magazine he supports the Volcker rule.Robert Weissman, president of the consumer advocacy group Public [...]