Times biz columnist Joe Nocera weighs in on the Obama administration's financial system regulatory plans: "Everywhere you look in the plan, you see the same thing: additional regulation on the margin, but nothing that amounts to a true overhaul." The FT editorializes, in their fey way: "The administration's proposals will disappoint those hoping for a tidier US regulatory system." (Pass the crumpets much?) And at The Baseline Scenario, the most damning point of all.