PolitiFact - Liar, liar, pants on fire

From Mark Hemingway writing at The Weekly Standard:

Whoops: PolitiFact's 'Lie of the Year' Turns Out to Be True
Last month, PolitiFact selected its "Lie of the Year." Given PolitiFact's dubious record of singling out Republicans for lying far more often than Democrats, you probably could have guessed the winner of this particular sweepstakes was a Mitt Romney campaign ad:

It was a lie told in the critical state of Ohio in the final days of a close campaign -- that Jeep was moving its U.S. production to China. It originated with a conservative blogger, who twisted an accurate news story into a falsehood. Then it picked up steam when the Drudge Report ran with it. Even though Jeep's parent company gave a quick and clear denial, Mitt Romney repeated it and his campaign turned it into a TV ad.

And they stood by the claim, even as the media and the public expressed collective outrage against something so obviously false.

"Public expressed collective outrage"? That's essentially wishcasting on the part of PolitiFact, nor are they accurately representing what Mitt Romney said in the ad. In fact, here's PolitiFact's original "fact check" on the matter:

[Mitt Romney] Says Barack Obama "sold Chrysler to Italians who are going to build Jeeps in China" at the cost of American jobs.

Ok. Now here's what the Reuters reported earlier this week:

Fiat (FIA.MI) and its U.S. unit Chrysler expect to roll out at least 100,000 Jeeps in China when production starts in 2014 as they seek to catch up with rivals in the world's biggest car market. ...

"We expect production of around 100,000 Jeeps per year which is expandable to 200,000," [Chrysler CEO Sergio] Marchionne, who is also CEO of Chrysler, said on the sidelines of a conference, adding production could start in 18 months.

Mark goes on for two more pages citing reports and offering links to corroborating sites. And the printed retraction in 10, 9, 8, ...