Be Careful What You Read

A couple of bloggers deserve a hat tip today for pointing out how far off base some recent reports circulating about the Internet have been.

Felix Salmon and Deal Book did a nice job of taking a lot of the steam out of the meme that the Obama auto team had threatened to unleash the full fury of the White House press corps on dissident holdouts in the Chrysler bankruptcy.

Paul Jackson at HousingWire similarly squelches the idea that there was a negative interest spread in the mortgage market. He neatly pointed out that the blog that started this one made what I’ll charitably call an error in data input.

Just a couple good examples of the need to think through what you see and read on the Web and in the blogs. As if you needed that advice.

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