Danielle DiMartino once again demonstrates in her Wednesday column in the Dallas Morning News why she is emerging as one of the best business columnists for a daily newspaper in the country today. Her April 12^th column assesses the problem of "credit addiction" in the good old USA and how the Fed is dealing with it. Ms. DiMartino has focused a lot of attention lately on how credit excess has fueled the housing bubble and how the Federal Reserve is trying to put the "genie" of an overheating housing market back in the bottle. Ms. DiMartino makes a good case for the position that the Federal Reserve Bank will continue raising interest rates until it believes it can get "housing speculation" under control. As she notes in today’s column: "though you won’t get the Fed to back up the notion per se, housing speculation must be expunged to put the economy on sturdier footing."

To read her entire column, link here (registration required).

Meanwhile, Steve Blow continues to have little or nothing to say in his regular mutterings in the Metropolitan section in the News. Today, he is whining that he is getting picked on because he is part of the "mainstream media". Apparently, Blow has concluded that critics of his offerings and those of other columnists in dailies like the News are either right wing radio talk show hosts or are bloggers on "leftist web sites".

I am not sure that Steve Blow gets it. Most of the criticism of his columns in the News that I have seen here at DallasBlog and elsewhere comes from people who don’t think his "stuff" is very good. That is not the case with the columns written in the Business section of the News by Scott Burns and Danielle DiMartino. Nor is it the case with most of the columnists who write about sports at the News. One may agree or disagree with what they have to say, but at least you respect their knowledge and viewpoints.

It is hard to say that about a Steve Blow column.

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