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"The mayor refers to old man Braddock's kid as "his little white fauntleroy" and the captions say "his little white fu¢ker"."

Really? That's pretty funny! I wonder if some transcriber was bored out of his or her mind, and decided to have a little fun. Or, could be that's what s/he thought the dialogue was. Either way, 😀

I've gotten in the habit of turning CCs on for the same reason as you, and have noticed the same. Some are great, others get stuff wrong or paraphrase to make the captions shorter. Probably so they fit on the screen.