“Part of the reason we don’t spend a lot of time looking at blogs,” he
said, “is because if you haven’t looked at it very carefully, then you
may be under the impression that somehow there’s a clean answer one way
or another – well, you just nationalize all the banks, or you just
leave them alone and they’ll be fine.”
It does seem, however, he has been reading some other blogs, or at least he is told about them.
Addendum: Alan Blinder has a very good column on the topic.