Dave Ramsey the not nice guy

#1

Illustration of Dave being an arrogant and ignorant jerk.

#2 In a recent radio show (early January 2008) Dave Ramsey was asked about the state of the American Economy. He joked and said that the media had predicted “36 out of the last 2 recessions”, implying the media was anxiously reporting any negative news in regards to the state of our Economy. Ramsey then went on to mention that GDP and Net Worth figures were steadily rising - and pointed to these facts as proof that talk of recession is nothing more than ‘fear mongering’.

Wrong.

#3 In regards to monetary policy Dave Ramsey is not a promoter of Gold. Although Dave doesn’t mention hard money or a Gold Standard, he does degrade the precious metal as a poor investment. In Dave’s latest book ‘The Total Money Makeover’ he had this to say about Gold: “The truth is that gold is a lousy investment with a long track record of mediocrity. The average rates of return tracked as far back as Napoleon are around 2 percent gain per year. In recent history, gold has a fifty-year track record of around 4.4 percent, about the same as inflation and just above savings accounts………..It is important to remember that gold is not used when economies fail. History shows that when an economy completely collapses, the first thing that appears is a black-market barter system…” (pg. 55).

Wow... bad call.

The last :30 of this video, Dave is implying that the mortgage mess is exclusively a sub-prime problem. D.T.D.

In this video, Dave is just one of 4 people who are dead wrong. This video is from January of 08.

Dave is retarded. Try to see if you can see the falsehood in the "Farmer paying with cash out of his overalls" story.

I dislike Ramsey because of the coincidence of his arrogance and stupidity. If you are going to be an A-Hole, you need to know what you are talking about. If you don't know what you are talking about, you should probably be nice. The combo of an ignorant A-Hole is a bad one.