Blogs are valuable news sources according to Obama.

President Obama said:
Blogs are best at debunking myths that can slip through a lot of the traditional media outlets.
Federal Reserve chairman Ben Bernanke noted (according to Matt O’Brien, business and economics editor at the Atlantic):
I read blogs. Blogs have become pretty important source of intellectual exchange.
David Steele – former 20-year Marine Corps infantry and intelligence officer, the second-ranking civilian in U.S. Marine Corps Intelligence, and former CIA clandestine services case officer – says that blogging is crucial for saving our country.
Many of the top economists and financial experts have their own blogs.
The same is true in every other field: politics, law, science, history, international relations, etc.
So next time someone tells you that blogs aren’t credible, tell ‘em that mainstream leaders disagree…
http://www.ritholtz.com/blog/2013/02/mainstream-leaders-blogs-are-valuable-news-sources/