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What a freaking idiot!!!
I just posted this on David Ramsey's facebook page. Its funny because I just started checking out the guy, not for economic advice, but some of his advice on getting out of persona debt is pretty good. But obviously, when it comes to growing and maintaining wealth, he is DEAD WRONG!
Dave has good advice in some areas but clearly he is very wrong in others! Like Peter said he often got in bigger debates with Republicans over the years rather than the Democrats.
I love how none of these anti-Austrian folks ever come out with any solid arguments against Austrian theory, but instead throw around childish pejoratives like "kook", "crackpot", and "nutcase", as if they can just shame people into conforming to conventional wisdom.
I actually like Dave Ramsey. He has some great stuff to help people struggling to get out of debt (The "Total Money Makeover" is an excellent book that I would recommend to everyone). He is all about paying for stuff with money you've saved and living much further under your means (so you can invest your money). However, he is does not have the most groundbreaking investment advice, and is pretty ignorant in the best investment strategies.
pWNED by schiff
"When men yield up the privilege of thinking, the last shadow of liberty quits the horizon."
-Thomas Paine
"Every man gotta right to decide his own destiny"
-Bob Marley
"In matters of style swim with the current; In matters of principle, stand like a rock."
-Thomas Jefferson
Peace, love, and happiness.
The bolded comment is so true. He takes a pretty "plain vanilla" approach, and tends to paint with broad brush strokes. That's what I would expect, though.
At any rate, I'm not so sure attacking Dave Ramsey gives him any leg up in the primary. Dave Ramsey has a HUGE Christian following, and many of his supporters (Ramsey's) are diehards.
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