What’s remark­able about [David Frum, Douglas Holtz-Eakin, and Paul Krugman], what gives me hope that there may be a way out of the big­ger mess, of which this month’s melt­down is just a symp­ton, is that finally blog­ging is effec­tively rout­ing around MSM. If you want to hear from smart peo­ple who know what they’re talk­ing about, and who aren’t spin­ning, you can.

This is why blog­ging is impor­tant.