not to sound cynical but...
what's the life expectancy on the hardware that this stuff runs on? My guess the first time it's placed under load, just at the national level, it will probably implode.
A student at MIT’s Media Lab is developing a browser plug-in that can check the accuracy of information posted online, and may use it to monitor political speeches for untruths. For his master’s thesis, Dan Schultz – who was recently named a 2011 Knight-Mozilla Fellow – came up with the idea for “truth goggles” while talking …
This sounds like it should just be a modern implementation of "peril sensitive sunglasses." If it's working correctly, it should just mark everything ever written as a lie. Cause it all is. Nothing is completely true; lies of omission are always a popular tactic.
And I don't think making "it as easy as possible to find corroborating facts" is the best way to go about this. You can always find some nutjob "scientist" that has provided "facts" to corroborate your pet theory. It sounds like it would just worsen the trust issues with media that we already have. Now we'd have a computer program that says point x is backed up by "facts" from Fox News and point y is backed up by "facts" from the Huffington Post. We'd just have more impetus to limit our "fact" gathering to those sources that reinforce what we already believe.