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Category Archives: dave ramsey
A Better Solution For Our Markets PLEASE READ
I just read Dave Ramsey’s “Common Sense Fix” and encourage everyone that I know to do the same. Years of bad decisions and stupid mistakes have created an economic nightmare in this country, but $700 billion in new debt is not the answer. As a tax-paying American citizen, I will not support any congressperson who votes to implement such a policy. Instead, I submit the following threestep Common Sense Plan. I. INSURANCE a. Insure the subprime bonds/mortgages with an underlying FHA-type insurance. Government-insured and backed loans would have an instant market all over the world, creating immediate and needed liquidity….Read More
Two Financial Experts Agree That The Rules Should Be Changed
Dave Ramsey and Sam Zell are two people that I have the utmost respect for. In the last 48 hours, they have both outlined how overzealous accounting has contributed to this massive financial crisis that we face. If we simply make some accounting changes, we have the potential to free up the marketplace and allow companies to allocate their capital effectively. Right now the Market Down to Market rule is choking Wall Street which is paralyzing Main Street. If you are involved in the housing market, read these two articles and contact your Congressman and Senator…. From: DaveRamsey.com Remember Enron,…Read More
