On September 13, 2011 (3rd hour) Dave read a post by David H. King, President and CEO of Alexander-Haas. The article, posted on the Giving Institute’s blog, talked about how much the richest in America give and how politicians and non-profits keep asking them to give their “Fair Share”.
It is a quick read, check it out for yourself. Good stuff:
http://givinginstitute.wordpress.com/2011/08/17/biting-the-hand-that-feeds-us/
On November 17, 2010 (1st hour) Dave read an article from MarketWatch’s Weekend Investor. Jonathan Burton released an article that stated “Gold’s rise may end badly” and quoted Kaplan of Prospector Assess Management: “Gold at $1,400 is not what I would call an investment. An investment is something you buy near its value. If gold costs $450 or $500 to produce, at $1,400 you don’t have value, you have momentum.”
To read the article for yourself, go to
On 8/17/10 (at the beginning of the 2nd hour) Dave read an article by Claire Bradley posted on Yahoo Finance. The article: Seven Millionaire Myths. The article also features a bonus link that Dave did not comment on that you may find interesting (check out #7: Millionaires Are Elitist).
He also commented on an AARP article that reported that “76% of adults age 18+ rely on or plan to rely on Social Security as a source of income at retirement”. For the complete 51 page study go to http://assets.aarp.org/rgcenter/econ/social_security_75th.pdf (page 27 contains a graph for this portion of the study). Also mentioned on the radio show was a study from the Social Security Administration which states that “Social Security expenditures are expected to exceed tax receipts this year for the first time since 1983“. For the complete release go to http://www.ssa.gov/OACT/TRSUM/index.html
Dave Ramsey read my blog post (“10 Things We Say That Keep Us Broke” from MoneyPlanSOS.Worpress.com) on-air Friday July 23rd at the end of the first hour. *By the way, his comments and additions to each item of the list were RIGHT ON!
Blake Thompson, his producer extraordinaire, tweeted the link and posted it on FaceBook.
*Another By-the-way: The text underneath the link is from the first person to comment on the blog named is Lara – no relation and has different beliefs about money than I do. The re-tweets and FaceBook comments went through the roof! Dave read a few of those comments in the 2nd hour. Here are his favorites:
Dave read an article from Robert Frank’s Wealth Report in the Wall Street Journal. The article talks about the amount of millionaires in the United States and how some are new and some have recovered since the boom-time level a few years ago.
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http://blogs.wsj.com/wealth/2010/06/10/millionaire-population-bounces-back-to-pre-crisis-peak/
Dave read an article on the radio show (2nd segment in the 3rd hour on 5/4/10) that stated a study proved that “A person’s genetic make-up may influence the likelihood of them running up debt”.
You can read the short article at: http://www.independent.co.uk/news/science/genetic-link-to-credit-card-debt-1961483.html
In 1968, two young men were in the real estate business and began buying little houses on the East side of Nashville, TN. One of those guys was Dave Ramsey’s dad and the other was a guy name Hal Wilson. Hal became a friend of the family at that time and continued investing in real estate. A few years later Dave began selling real estate and they became fellow investors. Actually, they were competitors but would pitch each other deals back and forth on occasion. In 1984 they began serving as officers of the local Real Estate Investor’s Group together.
In 1992, Dave was asked to be a guest on a local radio show to promote the Real Estate Investor’s Group. He was called back often because the phones would ring and he was considered a “hot guest”. A few weeks later the guy running that radio show quit and Roy Matlock, a friend of Dave’s, called and asked Dave if he would host two days a week. Roy would host two other days and they asked Hal Wilson to do a Real Estate show on Friday. Thus, “The Money Game” radio program was born on June 15, 1992.
The radio station went through changes, as they often do, and Hal was told he couldn’t do his broadcast anymore. That was fine with Hal, he continued to sell real estate and do some motivational talks and taught some classes along with Dave. Eventually, Roy Matlock dropped off the weekly show and the program was renamed the “Dave Ramsey Show”.
Hal got cancer a few years ago. In his classic style he laughed and smiled, was positive all the way through. He and Dave had a mutual acquaintance and a guy they both admired named Charlie Tremendous Jones who was also a motivational speaker. Charlie died a few years back and said during his fight with cancer that he was “about to graduate”.
On the morning of April 16, 2010 Dave’s friend Hal Wilson graduated. Since the genesis of the Dave Ramsey Show was partially due to Hal’s influence on Dave and contribution to the start of “The Money Show” it was only fitting that Dave dedicate the first segment to say that Hal Wilson was a champion, the kind of guy who took care of business.
Dave said “There’s not many people anymore that you can do a $100,000 real estate transaction with on a handshake and show up 3 days later at the real estate closing and it be exactly the way you both discussed it. Now I don’t recommend you do business and real estate transactions without written contracts, I think that’s bad business, and I would never tell you to do that. But occasionally you run into a man of such level of integrity and you learn to trust that integrity. I’ve done probably about 20-30 handshake/verbal transactions with Hal Wilson and everything was exactly as he said it was going to be. He was that kind of guy. There’s not enough of those guys left. We’re gonna miss you Hal. A lot.”
Patten Fuqua is a Nashville Predator’s fan, season pass holder, and hockey blogger. He recently posted his feelings about the recent flooding that hit Nashville and the media coverage of the tragedy.
Dave took the time away from his radio show to read the post titled “We Are Nashville”. http://www.section303.com/we-are-nashville-4366
The post has created such pride for their city in the area that “We Are Nashville” t-shirts have been created. http://store.coolpeoplecare.org/products/we-are-nashville-t-shirt
The way Nashville has presented themselves and behaved themselves before the entire nation is inspiring. Would it be weird for someone from St. Louis to wear a “We Are Nashville” t-shirt?
On Wednesday’s radio show (at the beginning of the 2nd hour on 3/10/10) Dave read an arcicle from the Federal Trade Commission’s website (www.FTC.gov) stating that LifeLock’s Identity Theft Prevention and Data Security Claims Were False. Here is a link to that article:
http://www.ftc.gov/opa/2010/03/lifelock.shtm
In the last segment of the 1st hour on 2/24/10, Leslie in Kentucky asked: “I have been told it looks good on your credit report to keep one credit card open. I have a CitiCard with no balance due. Should I keep it or close it?” After answering the question Dave went on a total rant.
He made a pronouncement: “I will officially announce today that I will endorse the FICO score and tell everyone in America to get their FICO score up when they fix the freakin’ thing”. I’m putting this 5 minutes of ranting down as the most annoying rant he’s ever done. He’s right and I enjoyed it, but he got really irritating. Blake tossed in some of the “sheep getting sheered” sound effects in the background, which didn’t help – except that it makes for REALLY GREAT RADIO.
He also ranted at the beginning of the same hour over a CBS News Poll discussing Americans and their credit card use over the past few months. Read the article at http://www.cbsnews.com/blogs/2010/02/22/politics/politicalhotsheet/entry6232804.shtml?tag=cbsnewsMainColumnArea
Check out “Say NO to FICO, I’m working on my DEBIT SCORE” http://moneyplansos.wordpress.com/2010/02/24/working-on-my-debit-score/
