Dave Ramsey to blame for the Recession!

YES, you read it right!  This is all Dave Ramsey’s fault!  It is easy to see that the current recession of our economy is to be solely contributed to Dave Ramsey.  How? you ask!  Why thank you, let me explain.

Dave Ramsey cutting up debt

Dave Ramsey cutting up debt

Mr. Ramsey is an advocate for reducing debt, eliminating debt, and refraining from getting yourself into debt.   You can learn more about him and his views here.  I have heard him personally illustrate and recommend to many people, pay your debt off, save your money.  He is one who continually teaches personal  financial responsibility. Now there is an amazing concept.  Personal Responsibility???    

The last 20 years has been built on just the opposite.  Hardly an ad on TV goes by without making the product they are trying to sell seem irresistable.  You can’t live without it.  Buy it, and if you don’t have the cash for it, borrow!  You must have it now. And it was becoming easier and easier to have it all now.  Just remember some of Visa and Mastercards advertising slogans: There are some things money can’t buy. For everything else there’s Mastercard,  It’s Everywhere You Want To Be, So Wordly so Welcome.  

And so America was off to the races, buying houses we couldn’t afford, cars to keep up with our neighbors, filling our houses with stuff, and on and on and on.  Knowing that tomorrow, we would find a way to pay for it.  I’m not going to bore you or condemn you with statistics.  We probably all have indulged in this to some degree.  Our government is lowering interest rates to get us back into the game.  In fact, they are leading the way, piling up more and more debt, adding more things for us to pay for.  Thank you for a stimulus. ( I am predicting here, it is going to be more of a pork barrel spending program than it will go to bring this economy back to growth.  )

Dear Mr. Ramsey, I am calling you out.  This is your fault!  If you had never advocated a different means of financial independence, if you had just kept quiet. If you had just kept to yourself and found a nice job selling vacuum cleaners and small appliances.  If you had never done this yourself and made it simple for others to do, we wouldn’t be in this kind of mess.  We’d all still be living high on the hog.  If you are going to advocate this kind of behaivor in the American public, at least go to Washington and teach them to do the same.  

Yes Mr. Ramsey, please continue to teach us to save us from……us!


Tomorrow: Chef Gordon Ramsey to blame for better Restaurant Hygeine!

Chef Ramsey

Chef Ramsey

 


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6 responses to “Dave Ramsey to blame for the Recession!

  1. ramsey rocks. yeah, well, you know,

    did you see the ads for this new chef show with the guy “who made gordon ramsay cry”
    and the guy (who looks like a psychopath) says, “I didn’t make ramsay cry…he chose to cry”
    roflol!!

  2. Ramsey rocks! He’s speaking at the Rochester College partnership dinner this year. He and Rubel are pretty good friends, or so I hear.

  3. Baa Haa Haa Haa Haa…..Excellent!

  4. 2001 was my first year of marriage and of living in Brazil. My wife is Brazilian, and I remember explaining the U.S. financial system to her. I told her, in summary, that the entire economy was afloat on top of personal, corporate and government debt. I said that a point would be reached when the entire structure collapsed under its own weight, quite likely taking the global economy with it.

    I’m neither a prophet nor the son of a prophet….

  5. Pingback: Friday’s Five | Preacher's Pen

  6. What an odd post. Just plain odd…I can’t tell if you’re for the guy, or against him. Sounds tongue-n-cheek to me, but meh…

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