Elizabeth Warren has a guest post up At the Baseline Scenario, arguing for the Consumer Financial Products Agency. It’s a really solid post, listing the current wave of complaints against the agency and dismissing them one by one.
I think this kind of interaction bodes well for the future of the blogosphere; the way experts can help set the tone for a topic that has already had a first wave of discussion. If you want to get me a b-day present, link and comment away to that entry – the more I read about it, the more I think this is a good idea, whose critics aren’t passing a good first-approximation argument.
Rortybomb 
It was kind of you to mention “Baselinescenario” Mike. You know they have a PERMANENT link of your site there. hint, hint, hint……….