Well, the ProJo's Rhode Island version of PolitiFact, the Pulitzer Prize-winning initiative that checks the truthfulness of politicians' and pundits' statements, is up and running.
The first three pols subject to the Truth-O-Meter: Lincoln Chafee, Frank Caprio and Michael Gardiner. They get a "false," "half true," and "pants on fire" - reserved for the biggest whoppers - respectively. The central line of Caprio's campaign - that if every small business added a job, we'd cut our unemployment rate in half - gets that "half true" rating. And here, already, we see the value of the tool.
Executive editor Tom Heslin lays it out in a lengthy and typically spirited note - though the url he mentions for the site doesn't appear to work at the moment. I'll give him a "mostly true."