Ramsey has a syndicated show that you can catch on Sundays. He has made money by doing something pretty stupid which is to preach people should live within thier means…. His radio show basically consists of people calling in, and then telling him how they have paid down large sums of personal debt. The only thing of substance that he preaches is common sense which is nice to hear and it is nice to hear stories about people paying overcoming debt, working hard to pay it off, then moving on with life rather then simply walking away.

The many times I have listened to him, I have yet to hear him voice any partisan opinions but his southern upbringing would indicate he is of a conservative nature.

You may want to catch his show sometime just to put a voice with the idea he has posted which is not to bad by the way.

Ramsey has a syndicated show that you can catch on Sundays. He has made money by doing something pretty stupid which is to preach people should live within thier means…. His radio show basically consists of people calling in, and then telling him how they have paid down large sums of personal debt. The only thing of substance that he preaches is common sense which is nice to hear and it is nice to hear stories about people paying overcoming debt, working hard to pay it off, then moving on with life rather then simply walking away.

The many times I have listened to him, I have yet to hear him voice any partisan opinions but his southern upbringing would indicate he is of a conservative nature.

You may want to catch his show sometime just to put a voice with the idea he has posted which is not to bad by the way.

Ramsey has a syndicated show that you can catch on Sundays. He has made money by doing something pretty stupid which is to preach people should live within thier means…. His radio show basically consists of people calling in, and then telling him how they have paid down large sums of personal debt. The only thing of substance that he preaches is common sense which is nice to hear and it is nice to hear stories about people paying overcoming debt, working hard to pay it off, then moving on with life rather then simply walking away.

The many times I have listened to him, I have yet to hear him voice any partisan opinions but his southern upbringing would indicate he is of a conservative nature.

You may want to catch his show sometime just to put a voice with the idea he has posted which is not to bad by the way.

Mr. Mortgage has a much better idea. Instead of doing a bunch of useless (and possibly disastrous) handwaving, all that’s needed is for pricing of mortgage securities to be done on a zip-code-by-zip-code basis. This would result in a real market for the mortgage securities instead of some propped-up monstrosity that will come cratering down sooner or later.

http://mrmortgage.ml-implode.com/2008/09/30/banks-bad-math-home-price-indexing-responsible/#comments

Mr. Mortgage has a much better idea. Instead of doing a bunch of useless (and possibly disastrous) handwaving, all that’s needed is for pricing of mortgage securities to be done on a zip-code-by-zip-code basis. This would result in a real market for the mortgage securities instead of some propped-up monstrosity that will come cratering down sooner or later.

http://mrmortgage.ml-implode.com/2008/09/30/banks-bad-math-home-price-indexing-responsible/#comments

When the government interferes with the sanctity of contracts, it scares future lenders and causes them to raise all interest rates, even to good borrowers. The responsible borrowers–those who have saved up before buying, will be penalized.
Cramdowns, bankruptcy judges forcing lower mortgage balances or interest rates, foreclosure holidays or delays, refusal by local authorities to enforce foreclosures–all these and other feel-good government actions are the mark of a banana republic that does not respect the rule of law.
For decades the US has had the world’s best and most efficient and respected mortgage market, attracting the world’s money. Now it is endangered by populist measures that will haunt us far into the future. Investors, foreign and domestic, will flee our shores, or stay and charge the appropriate risk premium.
Beware of the results when you move from the rule of law to the rule of men in this way.

When the government interferes with the sanctity of contracts, it scares future lenders and causes them to raise all interest rates, even to good borrowers. The responsible borrowers–those who have saved up before buying, will be penalized.
Cramdowns, bankruptcy judges forcing lower mortgage balances or interest rates, foreclosure holidays or delays, refusal by local authorities to enforce foreclosures–all these and other feel-good government actions are the mark of a banana republic that does not respect the rule of law.
For decades the US has had the world’s best and most efficient and respected mortgage market, attracting the world’s money. Now it is endangered by populist measures that will haunt us far into the future. Investors, foreign and domestic, will flee our shores, or stay and charge the appropriate risk premium.
Beware of the results when you move from the rule of law to the rule of men in this way.